Document:

Unassociated Document

 

EXHIBIT 10.4

 

EXECUTION COPY

ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

This is an Assignment, Assumption and Recognition Agreement (the “Agreement”) made as of the 27th day of September, 2011, among Redwood Residential Acquisition Corporation, a Delaware corporation (“Assignor”), Sequoia Residential Funding, Inc., a Delaware corporation (“Depositor”), U.S. Bank National Association, a national banking association, not in its individual capacity but solely as trustee (in such capacity, the “Trustee” or the “Assignee”) under a Pooling and Servicing Agreement dated as of September 1, 2011 (the “Pooling Agreement”), and First Republic Bank, a California-chartered bank (the “Bank”).

In consideration of the mutual promises contained herein, the parties hereto agree that the mortgage loans (the “Mortgage Loans”) listed on Attachment 1 annexed hereto (the “Mortgage Loan Schedule”) now serviced by the Bank (together with its successors and assigns, the “Servicer”) for Assignor and its successors and assigns pursuant to the Flow Mortgage Loan Sale and Servicing Agreement dated as of July 1, 2010, between Assignor and the Bank (the “Sale and Servicing Agreement”) and the servicing thereof shall be subject to the terms of the Sale and Servicing Agreement as modified or supplemented by this Agreement.  Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Sale and Servicing Agreement.  Assignor will sell the Mortgage Loans to Depositor pursuant to a Mortgage Loan Purchase and Sale Agreement dated the date hereof, and Depositor will sell the Mortgage Loans to Assignee pursuant to the Pooling Agreement.

Assignment and Assumption

1.           Assignor hereby grants, transfers and assigns to Depositor all of its right, title and interest in, to and under the Sale and Servicing Agreement to the extent relating to the Mortgage Loans, together with its obligations as “Purchaser” (as such term is defined in the Sale and Servicing Agreement) to the extent relating to the Mortgage Loans, and Depositor hereby accepts such assignment from Assignor and assumes such obligations.

2.           Depositor hereby grants, transfers and assigns to Assignee all of its right, title and interest in, to and under the Sale and Servicing Agreement to the extent relating to the Mortgage Loans, together with its obligations as “Purchaser” (as such term is defined in the Sale and Servicing Agreement) to the extent relating to the Mortgage Loans, and Assignee hereby accepts such assignment from Depositor.

3.           Assignee agrees to be bound, as “Purchaser” (as such term is defined in the Sale and Servicing Agreement), by all of the terms, covenants and conditions of the Sale and Servicing Agreement relating to the Mortgage Loans, and from and after the date hereof, Assignee assumes for the benefit of each of Assignor, Depositor and the Bank all of Assignor's obligations as Purchaser thereunder in respect of the Mortgage Loans.

  

 

  

4.           The Bank hereby acknowledges the foregoing assignments and assumptions and agrees that Assignee shall be the “Purchaser” under the Sale and Servicing Agreement with respect to the Mortgage Loans.

Representations and Warranties

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

(a)           Attached hereto as Attachment 2 is a true and accurate copy of the Sale and Servicing Agreement, which agreement is in full force and effect as of the date hereof and the provisions of which have not been waived, amended or modified in any respect, nor has any notice of termination been given thereunder;

(b)           Assignor is the lawful owner of its interests, rights and obligations under the Sale and Servicing Agreement to the extent of the Mortgage Loans, free and clear from any and all claims and encumbrances whatsoever, and upon the transfer of such interests, rights and obligations to Assignee as contemplated herein, Assignee shall have good title to all of Assignee's interests, rights and obligations under the Sale and Servicing Agreement to the extent of the Mortgage Loans, free and clear of all liens, claims and encumbrances;

(c)           There are no offsets, counterclaims or other defenses available to the Bank with respect to the Sale and Servicing Agreement;

(d)           Assignor is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite power and authority to enter into and perform its obligations under the Sale and Servicing Agreement;

(e)           Assignor has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate the transactions set forth herein.  The consummation of the transactions contemplated by this Agreement is in the ordinary course of Assignor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of Assignor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Assignor is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which Assignor or its property is subject.  The execution, delivery and performance by Assignor of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on the part of Assignor.  This Agreement has been duly executed and delivered by Assignor and, upon the due authorization, execution and delivery by the other parties hereto, will constitute the valid and legally binding obligation of Assignor enforceable against Assignor in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law; and

  

2

  

(f)           No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by Assignor in connection with the execution, delivery or performance by Assignor of this Agreement, or the consummation by it of the transactions contemplated hereby.

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

(a)           Depositor is a Delaware corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation;

(b)           Depositor has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate the transactions set forth herein.  The consummation of the transactions contemplated by this Agreement is in the ordinary course of Depositor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of Depositor’s charter or by-laws or any legal restriction, or any material agreement or instrument to which Depositor is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which Depositor or its property is subject.  The execution, delivery and performance by Depositor of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on part of Depositor. This Agreement has been duly executed and delivered by Depositor and, upon the due authorization, execution and delivery by the other parties hereto, will constitute the valid and legally binding obligation of Depositor enforceable against Depositor in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law; and

(c)           No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by Depositor in connection with the execution, delivery or performance by Depositor of this Agreement, or the consummation by it of the transactions contemplated hereby other than any that have been obtained or made.

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

(a)           Assignee is a national banking association duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization; and

  

3

  

(b)           Assignee has been directed to enter into this Agreement pursuant to the provisions of the Pooling Agreement.  The execution, delivery and performance by Assignee of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary action on part of Assignee. This Agreement has been duly executed and delivered by Assignee and, upon the due authorization, execution and delivery by the other parties hereto, will constitute the valid and legally binding obligation of Assignee enforceable against Assignee in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law.

8.           The Bank warrants and represents to, and covenants with, Assignor, Depositor and Assignee as of the date hereof that:

(a)           Attached hereto as Attachment 2 is a true and accurate copy of the Sale and Servicing Agreement, which agreement is in full force and effect as of the date hereof and the provisions of which have not been waived, amended or modified in any respect, nor has any notice of termination been given thereunder;

(b)           The Bank is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite power and authority to service the Mortgage Loans pursuant to the Sale and Servicing Agreement and otherwise to perform its obligations under the Sale and Servicing Agreement;

(c)           The Bank has full corporate power and authority to execute, deliver and perform its obligations under this Agreement, and to consummate the transactions set forth herein.  The consummation of the transactions contemplated by this Agreement is in the ordinary course of the Bank’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Bank’s charter or by-laws or any legal restriction, or any material agreement or instrument to which the Bank is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Bank or its property is subject.  The execution, delivery and performance by the Bank of this Agreement and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action on part of the Bank.  This Agreement has been duly executed and delivered by the Bank and, upon the due authorization, execution and delivery by Assignor, Assignee and the Depositor, will constitute the valid and legally binding obligation of the Bank enforceable against the Bank in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law; and

  

4

  

(d)           No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Bank in connection with the execution, delivery or performance by the Bank of this Agreement, or the consummation by it of the transactions contemplated hereby.

Restated Bank Representations and Warranties

9.           The Bank hereby restates to Depositor and Assignee (a) the representations and warranties set forth in Subsection 7.01 of the Sale and Servicing Agreement as of the related Closing Date and (b) the representations and warranties set forth in Subsection 7.02 of the Sale and Servicing Agreement as of the date hereof, as if such representations and warranties were set forth herein in full.

In the event of a breach of any representations and warranties referred to in clauses (a) or (b) above as of the related Closing Date or the date hereof, as the case may be, Assignee shall be entitled to all the remedies under the Sale and Servicing Agreement, subject to the rights of the Controlling Holder pursuant to Section 13.

Repurchase by Assignor Upon Certain Breaches of Representations and Warranties

10.            (a)           Assignor hereby covenants and agrees that, if a breach of any representation and warranty set forth in Subsection 7.01 of the Sale and Servicing Agreement exists on the date hereof that materially and adversely affects the value of any Mortgage Loan or the interest of Assignee in any Mortgage Loan and such breach did not exist as of the Closing Date (as defined in the Sale and Servicing Agreement) of that Mortgage Loan, Assignor shall have a period of 60 days from the earlier of either discovery by or receipt of written notice from Assignee to Assignor of such breach within which to correct or cure such breach.  A breach of representations and warranties in Subsections 7.01(h), (bb), and (vv) of the Sale and Servicing Agreement shall be deemed to materially and adversely affect the value of the related Mortgage Loan or the interest of the Assignee therein.  Assignor hereby covenants and agrees that if any breach cannot be corrected or cured within such 60 day period, then Assignor shall repurchase the related Mortgage Loan at the Repurchase Price not later than 90 days after its discovery or receipt of notice of such breach by wire transfer of immediately available funds to such account as Assignee shall specify to Assignor.

  (b)           Assignor and Assignee agree that the resolution of any controversy or claim arising out of or relating to an obligation or alleged obligation of Assignor to repurchase a Mortgage Loan or Mortgage Loans pursuant to Section 10(a) above shall be by Arbitration administered by the American Arbitration Association.  If any such controversy or claim has not been resolved to the satisfaction of both Assignor and Assignee, either party may commence Arbitration to resolve the dispute; provided that a party may commence Arbitration with respect to one or more unresolved allegations only during the months of January, April, July and October, and all matters with respect to which Arbitration has been commenced in any such month shall be heard in a single Arbitration in the immediately following month or as soon as practicable thereafter; and provided further that if any Arbitration arising out of or relating to an obligation or alleged obligation of the Bank to repurchase a Mortgage Loan relating to the same representation and warranty has commenced and is continuing, then such Arbitration shall be joined with the Arbitration commenced hereunder.

  

5

  

(c)           To commence Arbitration, the moving party shall deliver written notice to the other party that it has elected to pursue Arbitration in accordance with this Section 10, provided that if Assignor has not responded to Assignee's notification of a breach of a representation and warranty, Assignee shall not commence Arbitration with respect to that breach before 60 days following such notification in order to provide Assignor with an opportunity to respond to such notification.  Within ten Business Days after a party has provided notice that it has elected to pursue Arbitration, each party may submit the names of one or more proposed Arbitrators to the other party in writing.  If the parties have not agreed on the selection of an Arbitrator within five Business Days after the first such submission, then the party commencing Arbitration shall, within the next five Business Days, notify the American Arbitration Association in San Francisco, California and request that it appoint a single Arbitrator with experience in arbitrating disputes arising in the financial services industry.

(d)           It is the intention of the parties that Arbitration shall be conducted in as efficient and cost-effective a manner as is reasonably practicable, without the burden of discovery.  Accordingly, the Arbitrator will resolve the dispute on the basis of a review of the written correspondence between the parties (including any supporting materials attached to such correspondence) conveyed by the parties to each other in connection with the dispute prior to the delivery of notice to commence Arbitration; however, upon a showing of good cause, a party may request the Arbitrator to direct the production of such additional information, evidence and/or documentation from the parties that the Arbitrator deems appropriate.  If requested by the Arbitrator or any party, any hearing with respect to an Arbitration shall be conducted by video conference or teleconference except upon the agreement of both parties or the request of the Arbitrator.

(e)           The finding of the Arbitrator shall be final and binding upon the parties. Judgment upon any arbitration award rendered may be entered and enforced in any court of competent jurisdiction. The costs of the  Arbitrator shall be shared equally between both parties.   Each party, however, shall bear its own attorneys fees and costs in connection with the Arbitration.

Recognition of Assignee

11.           From and after the date hereof, subject to Sections 13 and 14 below, the Bank shall recognize Assignee as owner of the Mortgage Loans and will service the Mortgage Loans and perform its obligations hereunder for the benefit of the Assignee in accordance with the Sale and Servicing Agreement, as modified hereby or as may be amended from time to time, as if Assignee and the Bank had entered into a separate servicing agreement for the purchase and servicing of the Mortgage Loans in the form of the Sale and Servicing Agreement, the terms of which are incorporated herein by reference, as amended by this Agreement.  It is the intention of Assignor, Depositor, the Bank and Assignee that this Agreement, which includes the Sale and Servicing Agreement, shall constitute a separate and distinct purchase and servicing agreement, and the entire agreement, between the Bank and Assignee to the extent of the Mortgage Loans and shall be binding upon and for the benefit of the respective successors and assigns of the parties hereto.

  

6

  

12.           The Mortgage Loans shall be serviced by the Bank for Assignee in accordance with all applicable state, federal and local laws as well as in conformity with the provisions of the applicable Mortgages and Mortgage Notes, and pursuant to the terms and conditions of this Agreement.

Continuing Rights and Responsibilities

13.           (a)           Controlling Holder Rights.  The Bank agrees and acknowledges that Sequoia Mortgage Funding Corporation, an Affiliate of the Depositor, in its capacity as the initial Controlling Holder pursuant to the Pooling Agreement, and for so long as it is the Controlling Holder, will assume all of Assignee's rights and all related responsibilities as Purchaser under each of the following sections of the Sale and Servicing Agreement:

	
  

	
Sale and Servicing Agreement:

 

	
Section or Subsection

	 	
Matter

	  	 	  
	
6.03

	 	
Delivery of Mortgage Loan Documents

	 	 	 
	
7.03, other than 7.03(c)

	 	
Repurchase and Substitution

	 	 	 
	
7.04

	 	
Repurchase of Mortgage Loans With Early Payment Default

	 	 	 
	
11.01, 5th, 7th and 8th paragraphs

	 	
Servicer to Act as Servicer; Subservicing

	 	 	 
	
11.13, 4th and 5th paragraphs

	 	
Title, Management and Disposition of REO Property

	 	 	 
	
11.18

	 	
Assumption Agreements

	 	 	 
	
11.20

	 	
Seller and Servicer Shall Provide Access and Information as Reasonably Required

(b)           Notwithstanding Sections 1 and 2 above, Assignor reserves its rights under, and does not assign to Assignee or Depositor, the ongoing rights to take action and the responsibilities of the Purchaser under the sections of the Sale and Servicing Agreement listed below:

  

7

  

 

	
  

	
Sale and Servicing Agreement:

 

	
Subsection

	 	
Matter

	
7.05

	 	
Purchase Price Protection

	 	 	 
	
Addendum I

	 	
Regulation AB Compliance Addendum

(c)           In addition, the Bank agrees to furnish to Assignor and to Wells Fargo Bank, N.A., as master servicer or securities administrator under the Pooling Agreement (the “Master Servicer”), copies of reports, notices, statements and other communications required to be delivered to the Purchaser by the Bank pursuant to any of the sections of the Sale and Servicing Agreement referred to above and under the following sections, at the times therein specified:

	
  

	
Sale and Servicing Agreement:

 

	
Subsection

	 	  
	  	 	  
	
11.09

	 	
Transfer of Accounts

	  	 	  
	
11.16

	 	
Statements to the Purchaser

	  	 	  
	
Subsection 2.04 of Addendum I

	 	
Servicer Compliance Statement

	  	 	  
	
Subsection 2.05 of Addendum I

	 	
Report on Assessment of Compliance and Attestation

(d)           If any Affiliate of the Depositor is no longer the Controlling Holder under the Pooling Agreement, then all rights and responsibilities assumed by the Controlling Holder pursuant to Section 13(a) shall terminate and revert to Assignee; provided, however, that the rights and responsibilities assumed by the Controlling Holder under the 5th paragraph of Section 11.01 of the Sale and Servicing Agreement shall terminate in their entirety as to the Mortgage Loans.  Assignor will provide thirty (30) days notice to the Bank of any such termination.

  

8

  

Amendments to Sale and Servicing Agreement

14.           The parties agree that the Sale and Servicing Agreement shall be amended, solely with respect to the Mortgage Loans, as follows:

(a)           Definitions.

(i)           The definitions of “Arbitration,” “Business Day,” “Opinion of Counsel” and “Repurchase Price” set forth in Section 1 of the Sale and Servicing Agreement shall be deleted and replaced in their entirety as follows, and the following definitions of  “Affiliate,” “Clean-up Call,” “Controlling Holder,” “Eligible Account,” “Eligible Investment,” “Principal Forbearance Amount,” “Securities Administrator” and “Servicing Modification” shall be added to Section 1 of the Sale and Servicing Agreement:

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

Arbitration:  Arbitration in accordance with the then governing Commercial Arbitration Rules of the American Arbitration Association and administered by the American Arbitration Association, which shall be conducted in San Francisco, California or other place mutually acceptable to the parties to the arbitration.

Business Day:  Any day other than (i) a Saturday or a Sunday, (ii) a legal holiday in the states of California, Maryland, Minnesota, Missouri or New York,  (iii) a day on which banks in the states of California, Maryland, Minnesota, Missouri or New York, are authorized or obligated by law or executive order to be closed or (iv) a day on which the New York Stock Exchange or the Federal Reserve Bank of New York is closed.

Clean-up Call: The optional purchase of the mortgage loans subject to the Pooling Agreement and all property acquired in respect of any such mortgage loan remaining in the trust fund created pursuant to the Pooling Agreement on any date on which the aggregate stated principal balance is less than either 20% or 5%, as applicable, of the aggregate stated principal balance as of September 1, 2011, in accordance with the Pooling Agreement.

  

9

  

Controlling Holder:  At any time, any Affiliate of the Depositor other than the Assignor, so long as such entity is the holder of the majority of the class principal amount of the most subordinate class of certificates issued pursuant to the Pooling Agreement then outstanding with a class principal amount greater than zero; if an Affiliate of the Depositor other than the Assignor is no longer the holder of such certificates, then no entity will have any rights as a Controlling Holder.

Eligible Account:  Any account or accounts maintained with a federal or state chartered depository institution or trust company the short-term and long-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the debt obligations of such holding company) are rated in the highest rating category of the Rating Agency with respect to short-term unsecured debt obligations and in one of the two highest rating categories of Fitch, Inc. (the “Rating Agency”) with respect to long-term unsecured debt obligations at the time any amounts are held on deposit therein. Eligible Accounts may bear interest.  If the rating of the short-term or long-term unsecured debt obligations of the depository institution or trust company that maintains the account or accounts is no longer in the highest rating category of the Rating Agency with respect to short-term unsecured debt obligations or in one of the two highest rating categories of the Rating Agency with respect to long-term unsecured debt obligations, the funds on deposit therewith in connection with this transaction shall be transferred to an Eligible Account within 30 days of such downgrade.

 

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

  

(i)           direct obligations of, and obligations fully guaranteed by the United States of America or any agency or instrumentality of the United States of America the obligations of which are backed by the full faith and credit of the United States of America;

(ii)           (a) demand or time deposits, federal funds or bankers’ acceptances issued by any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal and/or state banking authorities, provided that the commercial paper and/or the short-term deposit rating and/or the long-term unsecured debt obligations or deposits of such depository institution or trust company at the time of such investment or contractual commitment providing for such investment are rated in the highest rating category by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations and (b) any other demand or time deposit or certificate of deposit that is fully insured by the FDIC;

  

10

  

(iii)           repurchase obligations with a term not to exceed thirty (30) days and with respect to any security described in clause (i)  above and entered into with a depository institution or trust company (acting as principal) described in clause (ii)(a) above;

(iv)           securities bearing interest or sold at a discount issued by any corporation incorporated under the laws of the United States of America or any state thereof that are rated in the highest rating category by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations, in each case at the time of such investment or contractual commitment providing for such investment; provided, however, that securities issued by any particular corporation will not be Eligible Investments to the extent that investments therein will cause the then outstanding principal amount of securities issued by such corporation and held as Eligible Investments to exceed 10% of the aggregate outstanding principal balances of all of the Mortgage Loans and Eligible Investments;

(v)           commercial paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified date not more than one year after the date of issuance thereof) that is rated in the highest rating category by the Rating Agency at the time of such investment; and

(vi)           any money market funds rated in one of the two highest rating categories by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations;

provided, however, that no instrument or security shall be an Eligible Investment if such instrument or security evidences a right to receive only interest payments with respect to the obligations underlying such instrument or if such security provides for payment of both principal and interest with a yield to maturity in excess of 120% of the yield to maturity at par or if such instrument or security is purchased at a price greater than par.

Opinion of Counsel:  A written opinion of counsel, who may be salaried counsel for the Person on behalf of whom the opinion is being given, reasonably acceptable to each Person to whom such opinion is addressed, and which must be Independent outside counsel with respect to any such opinion of counsel concerning the taxation or the federal income tax status of each REMIC.

  

11

  

Repurchase Price:   With respect to any Mortgage Loan, a price equal to (i) the unpaid principal balance of the Mortgage Loan, plus (ii) interest on such unpaid principal balance at the related Mortgage Loan Remittance Rate from the last date through which interest was last paid by or on behalf of the Mortgagor to the last day of the month in which such repurchase occurs, plus (iii) reasonable and customary third party expenses incurred in connection with the transfer of the Mortgage Loan being repurchased, minus (iv) any amounts received in respect of such repurchased Mortgage Loan and being held in the Custodial Account for future distribution in connection with such Mortgage Loan; which Repurchase Price proceeds shall be deposited in the Custodial Account for withdrawal by the Servicer in accordance with Subsection 11.05; provided, however, that if at the time of repurchase the Servicer is not the Seller or an Affiliate of the Seller, the amount described in clause (ii) shall be computed as the sum of (a) the Mortgage Loan Remittance Rate and (b) the Servicing Fee Rate.

Principal Forbearance Amount: With respect to a Mortgage Loan that was the subject of a Servicing Modification, the amount, if any, of principal of the Mortgage Loan that has been deferred and that does not accrue interest.

Securities Administrator:  Wells Fargo Bank, N.A., not in its individual capacity but solely as Securities Administrator under the Pooling Agreement, or any successor in interest, or if any successor Securities Administrator shall be appointed as provided in the Pooling Agreement, then such successor Securities Administrator.

Servicing Modification: Any reduction of the Mortgage Interest Rate on or the outstanding principal balance of a Mortgage Loan, any extension of the final maturity date of a Mortgage Loan, any increase to the outstanding principal balance of a Mortgage Loan by adding to the Stated Principal Balance unpaid principal and interest and other amounts owing under the Mortgage Loan, any Principal Forbearance Amount and any other modification, in each case pursuant to a modification of a Mortgage Loan that is in default or for which, in the judgment of the Servicer, default is reasonably foreseeable in accordance with the Sale and Servicing Agreement.

(b)           Servicing Standard.  In servicing the Mortgage Loans in accordance with this Agreement and Customary Servicing Procedures, the Servicer shall service the Mortgage Loans with a view to the best interests of all holders of the Sequoia Mortgage Trust 2011-2 Mortgage Pass-Through Certificates as a single class.

If the Controlling Holder notifies the Servicer that it intends to purchase a Mortgage Loan that has been Delinquent for 120 days or more pursuant to the Pooling Agreement, the Servicer will assess the proposed purchase in the same manner as it would assess whether to do a short sale.  If the proposed purchase price equals or exceeds the price at which a short sale would otherwise be effected, the Servicer shall permit such purchase.

  

12

  

(c)           Segregated Custodial Account.  The Servicer shall establish a Custodial Account pursuant to Subsection 11.04 of the Sale and Servicing Agreement which shall be titled “First Republic Bank, in trust for U.S. Bank National Association, as trustee of the Sequoia Mortgage Trust 2011-2” (the “2011-2 Custodial Account”), which shall be the Custodial Account under this Agreement for all purposes.  If the 2011-2 Custodial Account is no longer an Eligible Account, the Servicer shall transfer the 2011-2 Custodial Account to an account that is an Eligible Account.  The 2011-2 Custodial Account shall qualify as an Eligible Account.  Such account may be the same as the account established pursuant to the Flow Mortgage Loan Sale and Servicing Agreement dated as of April 8, 2011, between the Bank and DLJ Mortgage Capital, Inc., as modified by the Assignment, Assumption and Recognition Agreement dated the date hereof between DLJ Mortgage Capital, Inc., the Assignor and the Bank and as further modified by the Assignment, Assignment, Assumption and Recognition Agreement dated the date hereof among the Assignor, the Depositor, the Trustee and the Bank.

(d)           Transfer of Eligible Investments.  The following sentences shall be added at the end of the last paragraph of Subsection 11.04:

Notwithstanding anything to the contrary in this Agreement, for all Eligible Investments rated at least "F1/A+"(short/long) that have terms greater than 60 days, in the event of a downgrade of such Eligible Investment below "F1" (or "A+" if no short term rating) Servicer agrees to remove such Eligible Investment within 60 days of such downgrade.  Servicer acknowledges and agrees that Servicer shall bear any losses incurred with respect to removal of such Eligible Investment following such a downgrade and that any losses shall be immediately deposited by the Servicer in the 2011-2 Custodial Account, as appropriate, out of the Servicer’s own funds, with no right to reimbursement therefor.

 

(e)           Form of Monthly Report.

The Servicer shall provide monthly accounting reports to the Purchaser and Master Servicer, pursuant to Subsection 11.16 of the Sale and Servicing Agreement, with the information required by the monthly reporting format of the Master Servicer as previously provided to the Servicer by Assignor.

(f)           Shorter Cure Period for Failure to Provide Distribution Data.   An additional “Event of Default” shall be listed in Subsection 13.01, to be inserted after clause (h), to read in its entirety as follows:

or (i) Servicer shall fail to provide to Purchaser the data required to be provided pursuant to the first paragraph of Subsection 11.16 and such failure shall continue for three Business Days after notice of such failure has been given to Servicer by Purchaser;

  

13

  

(g)           Clean-up Call.  A new Section 33 shall be added to the Sale and Servicing Agreement, to read in its entirety as follows:

SECTION 33.  Clean-up Call.  In the event a Clean-up Call is exercised, the purchaser of the remaining Mortgage Loans (a) shall have all right, title and interest in, to and under the Sale and Servicing Agreement to the extent relating to such Mortgage Loans and (b) shall be bound as “Purchaser” under the Sale and Servicing Agreement from and after the date it exercises the Clean-up Call.  The remaining Mortgage Loans shall be serviced by the Bank for such purchaser in accordance with the terms and conditions of the Sale and Servicing Agreement.

(h)           REMIC Provisions.

(i)           The following definition of “REMIC Provisions” is hereby added to Section 1 of the Sale and Servicing Agreement:

REMIC Provisions:     Sections 860A through 860G of the Internal Revenue Code; such other provisions of the Code as relate to an entity created thereunder;  the regulations promulgated pursuant such sections and provisions of the Code; and published guidance issued by the Internal Revenue Service relating to such Code sections and regulations.

 

(ii)           The following paragraph shall be added to the end of Subsection 11.13, to read in its entirety as follows:

  

14

  

If a Mortgage Loan is held by a REMIC, the Servicer shall not acquire any real property (or personal property incident to such real property) in respect of such Mortgage Loan except in connection with a default or imminent default of such Mortgage Loan. In the event that a REMIC acquires any real property (or personal property incident to such real property) in connection with a default or imminent default of a Mortgage Loan, such property shall be disposed of by the Servicer as soon as practicable in a manner that, consistent with prudent mortgage loan servicing practices, maximizes the net present value of the recovery to the trust formed pursuant to the Pooling Agreement (the "Trust"), but in any event within three years after its acquisition by such REMIC unless the Servicer provides to the Purchaser and the Securities Administrator an Opinion of Counsel to the effect that the holding by such REMIC of such Mortgaged Property subsequent to three years after its acquisition will not result in the imposition of taxes on “prohibited transactions” on such REMIC as defined in Section 860F of the Code or under the law of any state in which real property securing a Mortgage Loan owned by such REMIC is located or cause such REMIC to fail to qualify as a REMIC for federal income tax purposes or for state tax purposes under the laws of any state in which real property securing a Mortgage Loan owned by such REMIC is located at any time that any mortgage pass-through certificates representing interests in such REMIC are outstanding. The Servicer shall conserve, protect and operate each such property for such REMIC solely for the purpose of its prompt disposition and sale in a manner which does not cause such property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) or result in the receipt by such REMIC of any “income from non-permitted assets” within the meaning of Section 860F(a)(2)(B) of the Code or any “net income from foreclosure property” which is subject to taxation under the REMIC Provisions. Pursuant to its efforts to sell such property, the Servicer shall either itself or through an agent selected by the Servicer protect and conserve such property in the same manner and to such extent as is customary in the locality where such property is located and may, incident to its conservation and protection of the assets of the Trust, rent the same, or any part thereof, as the Servicer deems to be in the best interest of the Trust for the period prior to the sale of such property. Additionally, the Servicer shall perform the tax withholding and shall file information returns with respect to the receipt of mortgage interests received in a trade or business, the reports of foreclosures and abandonments of any Mortgaged Property and the information returns relating to cancellation of indebtedness income with respect to any Mortgaged Property required by Sections 6050H, 6050J and 6050P, respectively, of the Code, and deliver to the Purchaser and the Securities Administrator an Officers’ Certificate on or before March 31 of each year stating that such reports have been filed.  Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by Sections 6050H, 6050J and 6050P of the Code.

(iii)           The following additional provisions shall be added after Subsection 11.23, to read in its entirety as follows:

Subsection 11.24 Compliance with REMIC Provisions.  If a REMIC election has been made with respect to the arrangement under which the Mortgage Loans and REO Property are held, the Servicer shall not take any action, cause the REMIC to take any action or fail to take (or fail to cause to be taken) any action that, under the REMIC Provisions, if taken or not taken, as the case may be could (i) endanger the status of the REMIC as a REMIC or (ii) result in the imposition of a tax upon the REMIC (including but not limited to the tax on “prohibited transactions” as defined in Section 860F(a)(2) of the Code and the tax on “contribution” to a REMIC set forth in Section 860G(d) of the Code unless the Servicer has received an Opinion of Counsel (at the expense of the party seeking to take such actions) to the effect that the contemplated action will not endanger such REMIC status or result in the imposition of any such tax.

(i)           Avoidance of Consolidation.  The following Subsection 7.06 shall be added at the end of Section 7, to read in its entirety as follows:

Subsection 7.06  Avoidance of Consolidation.

  

15

  

(a)           The Servicer covenants and agrees that it shall not hold or purchase any certificate (a “Certificate”) issued by the trust created by the Pooling Agreement (the “Trust”) if its holding or purchase of such Certificate (or interest therein) would cause the Servicer to be required to consolidate any assets of the Trust on its financial statements under U.S. generally accepted accounting principles (“Consolidate” or “Consolidation”).  The Servicer shall be deemed to have represented by virtue of its purchase or holding of such Certificate (or interest therein) that its holding or purchase of such Certificate (or interest therein) will not cause the Servicer to be required to Consolidate any assets of the Trust on its financial statements.

If the Servicer's holding or purchase of a Certificate (or interest therein) does in fact cause such Consolidation, then the last preceding transferee that is not required to Consolidate shall be restored, to the extent permitted by law, to all rights and obligations as owner of such Certificate retroactive to the date of such transfer of such Certificate.  If the Servicer holds or purchases a Certificate (or interest therein) in violation of the restrictions in this Subsection 7.06 and to the extent that the retroactive restoration of the rights of the owner of such Certificate as described in the immediately preceding sentence shall be invalid, illegal or unenforceable, then the Securities Administrator shall have the right, without notice to the owner or any prior owner of such Certificate, to sell such Certificate to a purchaser selected by the Securities Administrator on such terms as the Securities Administrator may choose.  The Servicer shall promptly endorse and deliver such Certificate (or otherwise transfer a book-entry Certificate) in accordance with the instructions of the Securities Administrator.  The proceeds of such sale, net of the commissions (which may include commissions payable to the Securities Administrator or its Affiliates), expenses and taxes due, if any, shall be remitted by the Securities Administrator to the Servicer.  The terms and conditions of any sale under this Subsection 7.06 shall be determined in the sole discretion of the Securities Administrator, and the Securities Administrator shall not be liable to any owner of a Certificate as a result of its exercise of such discretion.  The Servicer shall indemnify and hold harmless the Depositor and the Trust from and against any and all losses, liabilities, claims, costs or expenses incurred by such parties as a result of such holding or purchase resulting in a Consolidation.

(b)           The Servicer covenants and agrees that it shall not transfer its servicing rights and duties under this Agreement and the Purchase and Servicing Agreement to an insured depository institution, as such term is defined in the Federal Deposit Insurance Act (an “IDI”) (an IDI in such capacity, an “IDI Servicer Transferee”) unless the Purchaser and the Servicer shall have received a representation from the IDI Servicer Transferee that the acquisition of such servicing rights and duties will not cause the IDI Servicer Transferee to be required to Consolidate any assets of the Trust on its financial statements.  Any IDI Servicer Transferee shall be deemed to have represented by virtue of its acquisition of such servicing rights and duties that such acquisition will not cause Consolidation.  Any IDI Servicer Transferee who acquires such servicing rights and duties without providing the representation described above or whose acquisition of such servicing rights and duties has required it to Consolidate any assets of the Trust on its financial statements shall indemnify and hold harmless the Servicer, the Depositor and the Trust from and against any and all losses, liabilities, claims, costs or expenses incurred by such parties as a result of such acquisition.

  

16

  

(ii) An additional “Event of Default” shall be listed in Subsection 13.01, to be inserted after clause (i) added in Section 14(f) of this Agreement above, to read in its entirety as follows:

or (j)(A) the purchase or holding by the Servicer of any Certificate such that the Servicer  is required to Consolidate any assets of the Trust on its financial statements, provided that such purchase or holding of a Certificate shall not constitute an Event of Default if, within 45 days of (1) the date of such purchase or acquisition or (2) if such requirement to Consolidate is not effective on the date of such purchase or acquisition, the date the Servicer becomes aware of such requirement to Consolidate, the Servicer causes such requirement to Consolidate not to apply; or (B) the failure of the Servicer to obtain from an IDI Servicer Transferee the representation described in Section 7.06(b) prior to the transfer to such IDI Servicer Transferee of any servicing rights or duties.

(j)           Foreclosure Proceedings.  The first sentence of Subsection 11.13 is hereby deleted and replaced in its entirety with the following:

Subject to Subsection 11.02, in the event that title to the Mortgaged Property is acquired in foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale shall be taken in the name of the Trust, where permitted by applicable law or regulation, and where not so permitted, in the name of the trustee of the Trust or its nominee.

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

Miscellaneous

15.           All demands, notices and communications related to the Mortgage Loans, the Sale and Servicing Agreement and this Agreement shall be in writing and shall be deemed to have been duly given if personally delivered at or mailed by registered mail, postage prepaid, as follows:

 

  

17

  

 

	
(a)

	
In the case of the Bank,

	  	  
	  	
First Republic Bank

	  	
111 Pine Street

	  	
San Francisco, CA  94111

	  	
Attention:  Tony Sachs

	  	  
	  	
with a copy to the General Counsel at the same address

	 	 
	
(b)

	
In the case of Assignee,

	  	  
	  	
U.S. Bank National Association

	  	
60 Livingston Avenue

	  	
EP-MN-WS3D

	  	
St. Paul, Minnesota, 55107

	  	
Attention: Structured Finance – Sequoia Mortgage Loan Trust 2011-2

	  	  
	
(c)

	
In the case of Depositor,

	  	  
	  	
Sequoia Residential Funding, Inc.

	  	
One Belvedere Place, Suite 360

	  	
Mill Valley, California 94941

	  	
Attention: William Moliski

	  	  
	  	
with a copy to

	  	  
	  	
General Counsel at the same address

	  	  
	
(d)

	
In the case of Assignor,

	  	  
	  	
Redwood Residential Acquisition Corporation

	  	
One Belvedere Place, Suite 360

	  	
Mill Valley, California 94941

	  	
Attention: William Moliski

	  	  
	  	
with a copy to

	  	  
	  	
General Counsel at the same address

	  	  
	
(e)

	
In the case of Master Servicer,

	  	  
	  	
Wells Fargo Bank, N.A.

	  	
9062 Old Annapolis Road

	  	
Columbia, Maryland 21045

	  	
Telephone number:  (410) 884-2000

	  	
Facsimile number: (410) 715-2380

 

  

18

  

	  	
Electronic mail address:  g=cts-spg-team-a-5@wellsfargo.com

	  	
Attention:  Client Manager — Sequoia Mortgage Trust 2011-2

	  	  
	
(f)

	
In the case of the Controlling Holder,

	  	  
	  	
Sequoia Mortgage Funding Corporation

	  	
One Belvedere Place, Suite 360

	  	
Mill Valley, California 94941

	  	
Attention: William Moliski

	  	  
	  	
with a copy to

	  	  
	  	
General Counsel at the same address

 

16.           This Agreement shall be construed in accordance with the laws of the State of New York, except to the extent preempted by Federal law, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws, without regard to the conflicts of laws provisions of the State of New York or any other jurisdiction.

17.           No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced.

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

19.           This Agreement shall survive the conveyance of the Mortgage Loans, the assignment of the Sale and Servicing Agreement to the extent of the Mortgage Loans by Assignor to Depositor and by Depositor to Assignee, and the termination of the Sale and Servicing Agreement.

20.           This Agreement may be executed simultaneously in any number of counterparts.  Each counterpart shall be deemed to be an original, and all such counterparts shall constitute one and the same instrument.

21.           The Controlling Holder under the Pooling Agreement is an express third party beneficiary of this Agreement, and shall have the same power and ability to exercise and enforce the rights stated to be provided to it hereunder as if it were a signatory hereto.  The Bank hereby consents to such exercise and enforcement.

 

  

19

  

22.           It is expressly understood and agreed by the parties hereto that insofar as this Agreement is executed by the Trustee (i) this Agreement is executed and delivered by U.S. Bank National Association (“U.S. Bank”) not in its individual capacity but solely as Trustee on behalf of the trust created by the Pooling Agreement referred to herein (the “Trust”) in the exercise of the powers and authority conferred upon and vested in it, and as directed in the Pooling Agreement, (ii) each of the undertakings and agreements herein made on behalf of the Trust is made and intended not as a personal undertaking or agreement of or by U.S. Bank but is made and intended for purposes of binding only the Trust, (iii) nothing herein contained shall be construed as creating any liability on the part of U.S. Bank, individually or personally, to perform any covenant either express or implied in this Agreement, all such liability, if any, being expressly waived by the parties hereto and by any person claiming by, through or under the parties hereto, and (iv) under no circumstances shall U.S. Bank in its individual capacity or in its capacity as Trustee be personally liable for the payment of any indebtedness, amounts or expenses owed by the Purchaser under the Servicing Agreement (such indebtedness, expenses and other amounts being payable solely from and to the extent of funds of the Trust) or be personally liable for the breach or failure of any obligation, representation, warranty or covenant made under this Agreement or any other related documents.

23.           Master Servicer.  The Bank hereby acknowledges that the Assignee has appointed Wells Fargo Bank, N.A. to act as master servicer and securities administrator under the Pooling Agreement and hereby agrees to treat all inquiries, demands, instructions, authorizations and other communications from the Master Servicer as if the same had been received from the Assignee.  The Master Servicer, acting on behalf of the Assignee, shall have the rights of the Assignee as the Purchaser under this Agreement, including, without limitation, the right to enforce the obligations of the Bank and the Servicer hereunder and under the Sale and Servicing Agreement and the right to exercise the remedies of the Purchaser hereunder and under the Sale and Servicing Agreement, other than the rights assumed by the Controlling Holder assumed under Section 13(a) above.

The Bank shall make all remittances due by it to the Purchaser with respect to the Mortgage Loans to the following account by wire transfer of immediately available funds:

Wells Fargo Bank, N.A.

San Francisco, California

ABA# 121-000-248

Account #3970771416

Account Name: SAS Clearing

FFC: Account #83707500, Sequoia Mortgage Trust 2011-2 Certificate Distribution Account

 

  

20

  

24.           The Bank acknowledges that the custodian will be Wells Fargo Bank, N.A. acting pursuant to the Custodial Agreement.  Requests for Mortgage Loan Documents required by the Bank to perform its duties under the Sale and Servicing Agreement shall be directed to Wells Fargo Bank, N.A., as custodian, using the form of Request for Release in the form of Exhibit F hereto.  The Bank shall provide the Custodian with the specimen signatures of the Bank's authorized servicing representatives using the form in Exhibit D-3 hereto.  Notwithstanding Section 10 of the Sale and Servicing Agreement, the Bank shall pay shipping expenses for any Mortgage Loan Documents if there has been a breach of any representation or warranty made with respect to the related Mortgage Loan in Subsection 7.01 of the Sale and Servicing Agreement.

25.           Helping Families Act Notice. Assignor hereby requests that the Bank furnish each Mortgagor with the notice described in Subsection 6.04 of the Sale and Servicing Agreement, in the form attached as Exhibit 8 thereto and using U.S. Bank National Association, as trustee of the Sequoia Mortgage Trust 2011-2 as the investor name, in accordance with the terms of Subsection 6.04 therein, and the Bank hereby covenants that it shall furnish each Mortgagor with such notice as provided therein.

26.           Rule 17g-5 Compliance.  The Bank hereby agrees that it shall provide information with respect to the Mortgage Loans or the origination or servicing thereof to any Rating Agency or nationally recognized statistical rating organization (“NRSRO”) via electronic mail at rmbs17g5informationprovider@wellsfargo.com, with a subject reference of “SEMT 2011-2” and an identification of the type of information being provided in the body of such electronic mail.  The Securities Administrator, as the initial Rule 17g-5 Information Provider (the “Rule 17g-5 Information Provider”) shall notify the Bank in writing of any change in the identity or contact information of the Rule 17g-5 Information Provider.  The Bank shall have no liability for (i) the Rule 17g-5 Information Provider’s failure to post information provided by it in accordance with the terms of this Agreement or (ii) any malfunction or disabling of the website maintained by the Rule 17g-5 Information Provider.  None of the foregoing restrictions in this Section 26 prohibit or restrict oral or written communications, or providing information, between the Bank, on the one hand, and any Rating Agency or NRSRO, on the other hand, with regard to (i) such Rating Agency’s or NRSRO’s review of the ratings it assigns to the Bank, (ii) such Rating Agency’s or NRSRO’s approval of the Bank as a residential mortgage master, special or primary servicer, or (iii) such Rating Agency’s or NRSRO’s evaluation of the Bank’s servicing operations in general; provided, however, that the Bank shall not provide any information relating to the Mortgage Loans to such Rating Agency or NRSRO in connection with such review and evaluation by such Rating Agency or NRSRO unless: (x) borrower, property or deal specific identifiers are redacted; or (y) such information has already been provided to the Rule 17g-5 Information Provider.

  

21

  

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

 

	  	
REDWOOD RESIDENTIAL ACQUISITION

CORPORATION

	  	
Assignor

	 
	  	  	 
	  	
By:

	  	 
	  	
Name:

	  	 
	  	
Title:

	  	 

	  	
SEQUOIA RESIDENTIAL FUNDING, INC.

	  	
Depositor

	 
	  	  	 
	  	
By:

	  	 
	  	
Name:

	  	 
	  	
Title:

	  	 

	  	
U.S. BANK NATIONAL ASSOCIATION, not in its

individual capacity but solely as Trustee,

	  	
Assignee

	 
	  	  	 
	  	
By:

	  	 
	  	
Name:

	  	 
	  	
Title:

	  	 

	  	
FIRST REPUBLIC BANK

	 
	  	
Bank

	 
	  	  	 
	  	
By:

	  	 
	  	
Name:

	  	 
	  	
Title:

	  	 

 

Accepted and agreed to by:

	
WELLS FARGO BANK, N.A.

	  
	
Master Servicer

	  
	  	  
	
By:

	  	  
	
Name:

	  	  
	
Title:

	  	  

  

22

  

ATTACHMENT 1

MORTGAGE LOAN SCHEDULE

 

	
KEY

	
Primary Servicer

	
Primary Servicer Name

	
Servicing Fee %

	
Servicing Fee—Flatdollar

	
Servicing Advance Methodology

	
Originator

	
Loan Group

	
Loan Number

	
sellernumber

	
Amortization Type

	
1

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000169

	
12-466117-9

	
1

	
2

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000189

	
12-114206-6

	
1

	
3

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000012

	
12-447401-1

	
1

	
4

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000005

	
12-447419-3

	
1

	
5

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000022

	
12-447430-0

	
1

	
6

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000007

	
12-447464-9

	
1

	
7

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000013

	
12-447473-0

	
1

	
8

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000001

	
12-447477-1

	
1

	
9

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000004

	
12-447481-3

	
1

	
10

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000036

	
12-447501-8

	
1

	
11

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000028

	
12-447516-6

	
1

	
12

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000008

	
12-447537-2

	
1

	
13

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000011

	
12-447554-7

	
1

	
14

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000002

	
12-447573-7

	
1

	
15

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000029

	
12-447601-6

	
1

	
16

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000023

	
12-447615-6

	
1

	
17

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000003

	
12-447636-2

	
1

	
18

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000009

	
12-447638-8

	
1

	
19

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000016

	
12-447642-0

	
1

	
20

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000035

	
12-447662-8

	
1

	
21

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000027

	
12-447663-6

	
1

	
22

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000017

	
12-447667-7

	
1

	
23

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000018

	
12-447680-0

	
1

	
24

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000006

	
12-447682-6

	
1

	
25

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000015

	
12-447684-2

	
1

	
26

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000034

	
12-447700-6

	
1

	
27

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000045

	
12-447702-2

	
1

	
28

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000021

	
12-447708-9

	
1

	
29

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000031

	
12-447709-7

	
1

	
30

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000026

	
12-447719-6

	
1

	
31

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000030

	
12-447797-2

	
1

	
32

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000044

	
12-449636-0

	
1

	
33

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000038

	
12-449680-8

	
1

	
34

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000042

	
12-451565-6

	
1

	
35

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000048

	
12-451821-3

	
1

	
36

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000047

	
12-451860-1

	
1

	
37

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000051

	
12-452789-1

	
1

	
38

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000053

	
12-452798-2

	
1

	
39

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000052

	
12-452867-5

	
1

	
40

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000050

	
12-452986-3

	
1

	
41

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000062

	
12-453250-3

	
1

	
42

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000057

	
12-453692-6

	
1

	
43

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000055

	
12-454089-4

	
1

	
44

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000060

	
12-455089-3

	
1

	
45

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000061

	
12-455908-4

	
1

	
46

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000064

	
12-457135-2

	
1

	
47

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000063

	
12-457142-8

	
1

	
48

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000070

	
12-457892-8

	
1

	
49

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000067

	
12-458251-6

	
1

	
50

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000068

	
12-458648-3

	
1

	
51

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000164

	
12-460518-4

	
1

	
52

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000071

	
12-461088-7

	
1

	
53

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000092

	
12-461519-1

	
1

	
54

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000096

	
12-461608-2

	
1

	
55

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000078

	
12-461900-3

	
1

	
56

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000082

	
12-461942-5

	
1

	
57

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000110

	
12-462116-5

	
1

	
58

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000089

	
12-462349-2

	
1

	
59

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000083

	
12-462462-3

	
1

	
60

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000079

	
12-462536-4

	
1

	
61

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000074

	
12-462593-5

	
1

	
62

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000085

	
12-462663-6

	
1

	
63

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000094

	
12-462692-5

	
1

	
64

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000093

	
12-462717-0

	
1

	
65

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000084

	
12-462867-3

	
1

	
66

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000102

	
12-463078-6

	
1

	
67

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000081

	
12-463094-3

	
1

	
68

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000098

	
12-463179-2

	
1

	
69

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000099

	
12-463215-4

	
1

	
70

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000090

	
12-463236-0

	
1

	
71

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000087

	
12-463371-5

	
1

	
72

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000095

	
12-463486-1

	
1

	
73

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000101

	
12-463522-3

	
1

	
74

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000100

	
12-463579-3

	
1

	
75

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000200

	
12-463714-6

	
1

	
76

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000104

	
12-463761-7

	
1

	
77

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000124

	
12-463815-1

	
1

	
78

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000125

	
12-463818-5

	
1

	
79

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000117

	
12-463917-5

	
1

	
80

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000107

	
12-463970-4

	
1

	
81

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000097

	
12-464051-2

	
1

	
82

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000103

	
12-464184-1

	
1

	
83

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000112

	
12-464367-2

	
1

	
84

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000115

	
12-464534-7

	
1

	
85

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000114

	
12-464603-0

	
1

	
86

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000116

	
12-464615-4

	
1

	
87

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000122

	
12-464795-4

	
1

	
88

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000127

	
12-464909-1

	
1

	
89

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000138

	
12-464979-4

	
1

	
90

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000111

	
12-465018-0

	
1

	
91

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000105

	
12-465057-8

	
1

	
92

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000108

	
12-465078-4

	
1

	
93

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000129

	
12-465111-3

	
1

	
94

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000157

	
12-465119-6

	
1

	
95

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000137

	
12-465184-0

	
1

	
96

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000143

	
12-465249-1

	
1

	
97

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000201

	
12-465299-6

	
1

	
98

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000149

	
12-465312-7

	
1

	
99

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000131

	
12-465394-5

	
1

	
100

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000139

	
12-465404-2

	
1

	
101

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000167

	
12-465457-0

	
1

	
102

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000159

	
12-465506-4

	
1

	
103

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000188

	
12-465529-6

	
1

	
104

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000147

	
12-465569-2

	
1

	
105

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000202

	
12-465729-2

	
1

	
106

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000144

	
12-465733-4

	
1

	
107

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000171

	
12-465738-3

	
1

	
108

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000133

	
12-465746-6

	
1

	
109

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000152

	
12-465753-2

	
1

	
110

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000121

	
12-465755-7

	
1

	
111

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000186

	
12-465909-0

	
1

	
112

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000146

	
12-465924-9

	
1

	
113

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000168

	
12-465939-7

	
1

	
114

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000141

	
12-466058-5

	
1

	
115

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000176

	
12-466085-8

	
1

	
116

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000162

	
12-466101-3

	
1

	
117

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000174

	
12-466167-4

	
1

	
118

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000181

	
12-466282-1

	
1

	
119

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000175

	
12-466308-4

	
1

	
120

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000163

	
12-466390-2

	
1

	
121

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000161

	
12-466624-4

	
1

	
122

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000180

	
12-466653-3

	
1

	
123

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000182

	
12-466721-8

	
1

	
124

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000191

	
12-466784-6

	
1

	
125

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000185

	
12-466941-2

	
1

	
126

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000198

	
12-466957-8

	
1

	
127

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000170

	
12-467035-2

	
1

	
128

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000166

	
12-467100-4

	
1

	
129

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000184

	
12-467318-2

	
1

	
130

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000207

	
12-467530-2

	
1

	
131

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000196

	
12-467560-9

	
1

	
132

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000194

	
12-467591-4

	
1

	
133

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000120

	
12-114189-4

	
1

	
134

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000020

	
12-447647-9

	
1

	
135

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000032

	
12-447665-1

	
1

	
136

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000033

	
12-447666-9

	
1

	
137

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000037

	
12-448599-1

	
1

	
138

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000076

	
12-461273-5

	
1

	
139

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000109

	
12-463155-2

	
1

	
140

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000128

	
12-463514-0

	
1

	
141

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000118

	
12-463691-6

	
1

	
142

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000187

	
12-465313-5

	
1

	
143

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000025

	
12-447548-9

	
1

	
144

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000014

	
12-447582-8

	
1

	
145

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000024

	
12-447650-3

	
1

	
146

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000019

	
12-447661-0

	
1

	
147

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000010

	
12-447718-8

	
1

	
148

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000040

	
12-447834-3

	
1

	
149

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000041

	
12-449745-9

	
1

	
150

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000046

	
12-450335-5

	
1

	
151

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000043

	
12-451210-9

	
1

	
152

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000065

	
12-451924-5

	
1

	
153

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000056

	
12-451958-3

	
1

	
154

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000049

	
12-452409-6

	
1

	
155

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000054

	
12-453147-1

	
1

	
156

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000058

	
12-453688-4

	
1

	
157

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000066

	
12-457835-7

	
1

	
158

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000073

	
12-461484-8

	
1

	
159

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000075

	
12-461866-6

	
1

	
160

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000072

	
12-462561-2

	
1

	
161

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000088

	
12-462602-4

	
1

	
162

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000077

	
12-462710-5

	
1

	
163

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000151

	
12-462735-2

	
1

	
164

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000086

	
12-462807-9

	
1

	
165

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000179

	
12-463775-7

	
1

	
166

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000106

	
12-464527-1

	
1

	
167

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000123

	
12-464856-4

	
1

	
168

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000113

	
12-465049-5

	
1

	
169

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000150

	
12-465085-9

	
1

	
170

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000142

	
12-465302-8

	
1

	
171

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000148

	
12-465333-3

	
1

	
172

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000140

	
12-465418-2

	
1

	
173

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000160

	
12-465737-5

	
1

	
174

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000158

	
12-465932-2

	
1

	
175

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000193

	
12-466106-2

	
1

	
176

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000197

	
12-466275-5

	
1

	
177

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000173

	
12-466304-3

	
1

	
178

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000172

	
12-466474-4

	
1

	
179

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000183

	
12-466737-4

	
1

	
180

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000165

	
12-466754-9

	
1

	
181

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000190

	
12-466871-1

	
1

	
182

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000209

	
12-462379-9

	
1

	
183

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000260

	
12-462951-5

	
1

	
184

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000331

	
12-464053-8

	
1

	
185

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000377

	
12-463692-4

	
1

	
186

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000400

	
22-464523-0

	
1

	
187

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000412

	
12-465126-1

	
1

	
188

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000417

	
12-464484-5

	
1

	
189

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000440

	
12-465239-2

	
1

	
190

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000448

	
12-466874-5

	
1

	
191

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000478

	
12-467735-7

	
1

	
192

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000482

	
12-466687-1

	
1

	
193

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000487

	
12-460708-1

	
1

	
194

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000488

	
12-468251-4

	
1

	
195

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000489

	
12-468242-3

	
1

	
196

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000490

	
12-468260-5

	
1

	
197

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000491

	
12-468163-1

	
1

	
198

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000497

	
12-468535-0

	
1

	
199

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000499

	
12-468706-7

	
1

	
200

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000503

	
12-467976-7

	
1

	
201

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000510

	
12-468874-3

	
1

	
202

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000516

	
12-468773-7

	
1

	
203

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000520

	
12-469112-7

	
1

	
204

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000530

	
12-469288-5

	
1

	
205

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000568

	
12-469055-8

	
1

	
206

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000579

	
12-469416-2

	
1

	
207

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000582

	
12-469059-0

	
1

	
208

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000596

	
12-469577-1

	
1

	
209

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000608

	
12-469632-4

	
1

	
210

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000629

	
12-469890-8

	
1

	
211

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000633

	
12-464946-3

	
1

	
212

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000665

	
12-469774-4

	
1

	
213

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000670

	
12-470199-1

	
1

	
214

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000674

	
12-469839-5

	
1

	
215

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000716

	
12-469048-3

	
1

	
216

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000717

	
12-469853-6

	
1

	
217

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000778

	
12-470482-1

	
1

	
218

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000783

	
12-470517-4

	
1

	
219

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000794

	
12-470591-9

	
1

	
220

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000811

	
12-470440-9

	
1

	
221

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000813

	
12-470671-9

	
1

	
222

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000814

	
22-470359-1

	
1

	
223

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000815

	
22-470612-3

	
1

	
224

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000818

	
12-470648-7

	
1

	
225

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000820

	
22-470685-9

	
1

	
226

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000828

	
12-470506-7

	
1

	
227

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000829

	
12-470524-0

	
1

	
228

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000840

	
12-470266-8

	
1

	
229

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000863

	
12-470663-6

	
1

	
230

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000869

	
12-470747-7

	
1

	
231

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000870

	
12-471045-5

	
1

	
232

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000894

	
12-471675-9

	
1

	
233

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000895

	
12-471789-8

	
1

	
234

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000937

	
12-468512-9

	
1

	
235

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000132

	
12-465656-7

	
1

	
236

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000039

	
12-447714-7

	
1

	
237

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000080

	
12-462148-8

	
1

	
238

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000091

	
12-462639-6

	
1

	
239

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000178

	
12-463753-4

	
1

	
240

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000130

	
12-464089-2

	
1

	
241

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
909000154

	
12-464537-0

	
1

	
242

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000462

	
12-466675-6

	
1

	
243

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000583

	
12-469409-7

	
1

	
244

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000588

	
12-467745-6

	
1

	
245

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000649

	
12-469485-7

	
1

	
246

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000656

	
12-469594-6

	
1

	
247

	
1002338

	
First Republic

	
0.002500

	  	  	
1002338

	  	
3000000671

	
12-470208-0

	
1

 

	
KEY

	
Lien Position

	
HELOC Indicator

	
Loan Purpose

	
Cash Out Amount

	
Total Origination and Discount Points

	
Covered/High Cost Loan Indicator

	
Relocation Loan Indicator

	
Broker Indicator

	
Channel

	
Escrow Indicator

	
1

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
2

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
3

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
4

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
5

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
6

	
1

	
0

	
9

	  	  	  	  	  	
1

	
4

	
7

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
8

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
9

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
10

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
11

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
12

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
13

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
14

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
15

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
16

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
17

	
1

	
0

	
9

	  	  	  	  	  	
1

	
4

	
18

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
19

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
20

	
1

	
0

	
9

	  	  	  	  	  	
1

	
4

	
21

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
22

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
23

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
24

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
25

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
26

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
27

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
28

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
29

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
30

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
31

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
32

	
1

	
0

	
9

	  	  	  	  	  	
1

	
4

	
33

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
34

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
35

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
36

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
37

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
38

	
1

	
0

	
9

	  	  	  	  	  	
1

	
4

	
39

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
40

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
41

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
42

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
43

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
44

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
45

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
46

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
47

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
48

	
1

	
0

	
7

	  	  	  	  	  	
1

	
4

	
49

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
50

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
51

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
52

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
53

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
54

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
55

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
56

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
57

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
58

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
59

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
60

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
61

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
62

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
63

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
64

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
65

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
66

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
67

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
68

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
69

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
70

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
71

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
72

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
73

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
74

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
75

	
1

	
0

	
9

	  	  	  	  	  	
1

	
4

	
76

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
77

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
78

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
79

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
80

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
81

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
82

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
83

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
84

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
85

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
86

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
87

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
88

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
89

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
90

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
91

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
92

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
93

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
94

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
95

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
96

	
1

	
0

	
7

	  	  	  	  	  	
1

	
4

	
97

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
98

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
99

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
100

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
101

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
102

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
103

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
104

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
105

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
106

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
107

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
108

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
109

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
110

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
111

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
112

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
113

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
114

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
115

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
116

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
117

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
118

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
119

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
120

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
121

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
122

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
123

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
124

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
125

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
126

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
127

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
128

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
129

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
130

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
131

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
132

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
133

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
134

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
135

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
136

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
137

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
138

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
139

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
140

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
141

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
142

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
143

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
144

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
145

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
146

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
147

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
148

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
149

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
150

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
151

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
152

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
153

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
154

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
155

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
156

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
157

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
158

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
159

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
160

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
161

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
162

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
163

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
164

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
165

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
166

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
167

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
168

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
169

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
170

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
171

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
172

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
173

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
174

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
175

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
176

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
177

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
178

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
179

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
180

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
181

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
182

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
183

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
184

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
185

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
186

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
187

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
188

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
189

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
190

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
191

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
192

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
193

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
194

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
195

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
196

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
197

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
198

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
199

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
200

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
201

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
202

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
203

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
204

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
205

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
206

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
207

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
208

	
1

	
0

	
3

	  	  	  	  	  	
1

	
0

	
209

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
210

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
211

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
212

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
213

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
214

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
215

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
216

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
217

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
218

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
219

	
1

	
0

	
3

	  	  	  	  	  	
1

	
4

	
220

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
221

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
222

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
223

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
224

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
225

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
226

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
227

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
228

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
229

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
230

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
231

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
232

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
233

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
234

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
235

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
236

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
237

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
238

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
239

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
240

	
1

	
0

	
9

	  	  	  	  	  	
1

	
0

	
241

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
242

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
243

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
244

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
245

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

	
246

	
1

	
0

	
6

	  	  	  	  	  	
1

	
0

	
247

	
1

	
0

	
7

	  	  	  	  	  	
1

	
0

 

	
KEY

	
Senior Loan

Amount(s)

	
Loan Type of Most

Senior Lien

	
Hybrid Period of

Most Senior Lien (in

months)

	
Neg Am Limit of

Most Senior Lien

	
Junior Mortgage

Balance

	
Origination Date of

Most Senior Lien

	
Origination Date

	
Original Loan

Amount

	
Original Interest

Rate

	
Original

Amortization Term

	
1

	
0

	  	  	  	
228800.00

	  	
20101229

	
700000.00

	
0.041000

	
360

	
2

	
0

	  	  	  	
250000.00

	  	
20110120

	
283000.00

	
0.044000

	
360

	
3

	
0

	  	  	  	
0.00

	  	
20090113

	
625000.00

	
0.045000

	
360

	
4

	
0

	  	  	  	
50000.00

	  	
20090112

	
500000.00

	
0.048500

	
360

	
5

	
0

	  	  	  	
0.00

	  	
20090114

	
625500.00

	
0.042500

	
360

	
6

	
0

	  	  	  	
120000.00

	  	
20090112

	
625000.00

	
0.047500

	
360

	
7

	
0

	  	  	  	
346000.00

	  	
20090113

	
625000.00

	
0.048000

	
360

	
8

	
0

	  	  	  	
100000.00

	  	
20090105

	
520950.00

	
0.047500

	
360

	
9

	
0

	  	  	  	
237750.00

	  	
20090108

	
625500.00

	
0.042500

	
360

	
10

	
0

	  	  	  	
0.00

	  	
20090223

	
219000.00

	
0.048500

	
360

	
11

	
0

	  	  	  	
0.00

	  	
20090123

	
516000.00

	
0.048000

	
360

	
12

	
0

	  	  	  	
400000.00

	  	
20090112

	
529000.00

	
0.040000

	
360

	
13

	
0

	  	  	  	
50000.00

	  	
20090113

	
550000.00

	
0.045000

	
360

	
14

	
0

	  	  	  	
0.00

	  	
20090106

	
455000.00

	
0.041500

	
360

	
15

	
0

	  	  	  	
155000.00

	  	
20090126

	
625000.00

	
0.043000

	
360

	
16

	
0

	  	  	  	
258200.00

	  	
20090115

	
417000.00

	
0.041500

	
360

	
17

	
0

	  	  	  	
0.00

	  	
20090108

	
495000.00

	
0.044500

	
360

	
18

	
0

	  	  	  	
300000.00

	  	
20090112

	
625000.00

	
0.039500

	
360

	
19

	
0

	  	  	  	
42500.00

	  	
20090114

	
637500.00

	
0.046000

	
360

	
20

	
0

	  	  	  	
0.00

	  	
20090213

	
402000.00

	
0.043000

	
360

	
21

	
0

	  	  	  	
125000.00

	  	
20090121

	
392000.00

	
0.041500

	
360

	
22

	
0

	  	  	  	
0.00

	  	
20090114

	
625000.00

	
0.042500

	
360

	
23

	
0

	  	  	  	
74000.00

	  	
20090114

	
625000.00

	
0.047500

	
360

	
24

	
0

	  	  	  	
85000.00

	  	
20090112

	
625000.00

	
0.045500

	
360

	
25

	
0

	  	  	  	
0.00

	  	
20090114

	
604000.00

	
0.045500

	
360

	
26

	
0

	  	  	  	
500000.00

	  	
20090212

	
625250.00

	
0.044500

	
360

	
27

	
0

	  	  	  	
70000.00

	  	
20090422

	
417000.00

	
0.041500

	
360

	
28

	
0

	  	  	  	
0.00

	  	
20090114

	
625500.00

	
0.044500

	
360

	
29

	
0

	  	  	  	
0.00

	  	
20090202

	
275000.00

	
0.049000

	
360

	
30

	
0

	  	  	  	
170000.00

	  	
20090121

	
625000.00

	
0.043500

	
360

	
31

	
0

	  	  	  	
100000.00

	  	
20090128

	
246000.00

	
0.042500

	
360

	
32

	
0

	  	  	  	
0.00

	  	
20090417

	
417000.00

	
0.042500

	
360

	
33

	
0

	  	  	  	
0.00

	  	
20090227

	
400000.00

	
0.040500

	
360

	
34

	
0

	  	  	  	
0.00

	  	
20090406

	
417000.00

	
0.042500

	
360

	
35

	
0

	  	  	  	
100000.00

	  	
20090528

	
729250.00

	
0.044500

	
360

	
36

	
0

	  	  	  	
0.00

	  	
20090504

	
386830.00

	
0.041500

	
360

	
37

	
0

	  	  	  	
0.00

	  	
20090622

	
690000.00

	
0.039500

	
360

	
38

	
0

	  	  	  	
0.00

	  	
20090629

	
318200.00

	
0.051000

	
360

	
39

	
0

	  	  	  	
0.00

	  	
20090623

	
70768.00

	
0.050000

	
360

	
40

	
0

	  	  	  	
0.00

	  	
20090615

	
656250.00

	
0.053000

	
360

	
41

	
0

	  	  	  	
0.00

	  	
20091214

	
290000.00

	
0.046500

	
360

	
42

	
0

	  	  	  	
0.00

	  	
20090729

	
625000.00

	
0.048750

	
360

	
43

	
0

	  	  	  	
0.00

	  	
20090727

	
360000.00

	
0.039500

	
360

	
44

	
0

	  	  	  	
0.00

	  	
20090918

	
417000.00

	
0.058000

	
360

	
45

	
0

	  	  	  	
0.00

	  	
20091104

	
170000.00

	
0.045000

	
360

	
46

	
0

	  	  	  	
175000.00

	  	
20100112

	
729750.00

	
0.046000

	
360

	
47

	
0

	  	  	  	
250000.00

	  	
20091229

	
417000.00

	
0.045000

	
360

	
48

	
0

	  	  	  	
0.00

	  	
20100617

	
157500.00

	
0.057500

	
360

	
49

	
0

	  	  	  	
0.00

	  	
20100324

	
73000.00

	
0.048000

	
360

	
50

	
0

	  	  	  	
500000.00

	  	
20100420

	
500000.00

	
0.050500

	
360

	
51

	
0

	  	  	  	
150000.00

	  	
20101228

	
900000.00

	
0.047000

	
360

	
52

	
0

	  	  	  	
0.00

	  	
20100817

	
1150000.00

	
0.052500

	
360

	
53

	
0

	  	  	  	
0.00

	  	
20100930

	
438500.00

	
0.039500

	
360

	
54

	
0

	  	  	  	
500400.00

	  	
20101006

	
1100000.00

	
0.043750

	
360

	
55

	
0

	  	  	  	
0.00

	  	
20100907

	
960000.00

	
0.047000

	
360

	
56

	
0

	  	  	  	
0.00

	  	
20100915

	
2000000.00

	
0.049000

	
360

	
57

	
0

	  	  	  	
800000.00

	  	
20101108

	
729750.00

	
0.048000

	
360

	
58

	
0

	  	  	  	
100000.00

	  	
20100928

	
960000.00

	
0.047500

	
360

	
59

	
0

	  	  	  	
200000.00

	  	
20100915

	
417000.00

	
0.051500

	
360

	
60

	
0

	  	  	  	
0.00

	  	
20100907

	
697500.00

	
0.045000

	
360

	
61

	
0

	  	  	  	
700000.00

	  	
20100826

	
729750.00

	
0.045000

	
360

	
62

	
0

	  	  	  	
0.00

	  	
20100921

	
642000.00

	
0.046500

	
360

	
63

	
0

	  	  	  	
0.00

	  	
20101005

	
417000.00

	
0.043500

	
360

	
64

	
0

	  	  	  	
500000.00

	  	
20101004

	
685000.00

	
0.049000

	
360

	
65

	
0

	  	  	  	
235000.00

	  	
20100916

	
1200000.00

	
0.045500

	
360

	
66

	
0

	  	  	  	
0.00

	  	
20101019

	
1100000.00

	
0.047500

	
360

	
67

	
0

	  	  	  	
0.00

	  	
20100914

	
1072000.00

	
0.046500

	
360

	
68

	
0

	  	  	  	
70000.00

	  	
20101007

	
710000.00

	
0.043500

	
360

	
69

	
0

	  	  	  	
0.00

	  	
20101007

	
1600000.00

	
0.047500

	
360

	
70

	
0

	  	  	  	
500290.00

	  	
20100928

	
1090000.00

	
0.047500

	
360

	
71

	
0

	  	  	  	
0.00

	  	
20100922

	
1000000.00

	
0.044500

	
360

	
72

	
0

	  	  	  	
0.00

	  	
20101005

	
417000.00

	
0.037000

	
360

	
73

	
0

	  	  	  	
900000.00

	  	
20101015

	
690000.00

	
0.037000

	
360

	
74

	
0

	  	  	  	
34500.00

	  	
20101012

	
2000000.00

	
0.046000

	
360

	
75

	
0

	  	  	  	
0.00

	  	
20110201

	
708750.00

	
0.047500

	
360

	
76

	
0

	  	  	  	
0.00

	  	
20101026

	
1000000.00

	
0.047000

	
360

	
77

	
0

	  	  	  	
16500.00

	  	
20101124

	
729750.00

	
0.039500

	
360

	
78

	
0

	  	  	  	
0.00

	  	
20101124

	
168000.00

	
0.042000

	
360

	
79

	
0

	  	  	  	
0.00

	  	
20101117

	
252000.00

	
0.041500

	
360

	
80

	
0

	  	  	  	
500000.00

	  	
20101102

	
417000.00

	
0.037000

	
360

	
81

	
0

	  	  	  	
0.00

	  	
20101007

	
1800000.00

	
0.048500

	
360

	
82

	
0

	  	  	  	
0.00

	  	
20101020

	
1000000.00

	
0.044500

	
360

	
83

	
0

	  	  	  	
350000.00

	  	
20101109

	
417000.00

	
0.037500

	
360

	
84

	
0

	  	  	  	
0.00

	  	
20101116

	
566000.00

	
0.041500

	
360

	
85

	
0

	  	  	  	
0.00

	  	
20101116

	
775000.00

	
0.045000

	
360

	
86

	
0

	  	  	  	
1500000.00

	  	
20101116

	
712500.00

	
0.041000

	
360

	
87

	
0

	  	  	  	
500000.00

	  	
20101122

	
1500000.00

	
0.045500

	
360

	
88

	
0

	  	  	  	
0.00

	  	
20101124

	
705000.00

	
0.040500

	
360

	
89

	
0

	  	  	  	
0.00

	  	
20101206

	
417000.00

	
0.039500

	
360

	
90

	
0

	  	  	  	
0.00

	  	
20101109

	
1239910.00

	
0.047500

	
360

	
91

	
0

	  	  	  	
236000.00

	  	
20101028

	
1500000.00

	
0.046000

	
360

	
92

	
0

	  	  	  	
0.00

	  	
20101104

	
393750.00

	
0.048500

	
360

	
93

	
0

	  	  	  	
0.00

	  	
20101129

	
1204000.00

	
0.050500

	
360

	
94

	
0

	  	  	  	
50000.00

	  	
20101220

	
525000.00

	
0.041500

	
360

	
95

	
0

	  	  	  	
0.00

	  	
20101206

	
301000.00

	
0.039500

	
360

	
96

	
0

	  	  	  	
0.00

	  	
20101213

	
650000.00

	
0.038500

	
360

	
97

	
0

	  	  	  	
0.00

	  	
20110201

	
185000.00

	
0.047000

	
360

	
98

	
0

	  	  	  	
0.00

	  	
20101215

	
1450000.00

	
0.045000

	
360

	
99

	
0

	  	  	  	
1400000.00

	  	
20101129

	
715000.00

	
0.041500

	
360

	
100

	
0

	  	  	  	
0.00

	  	
20101208

	
523750.00

	
0.042000

	
360

	
101

	
0

	  	  	  	
60000.00

	  	
20101229

	
729000.00

	
0.040500

	
360

	
102

	
0

	  	  	  	
2000000.00

	  	
20101222

	
729750.00

	
0.040000

	
360

	
103

	
0

	  	  	  	
50000.00

	  	
20110120

	
379000.00

	
0.041000

	
360

	
104

	
0

	  	  	  	
500000.00

	  	
20101214

	
729750.00

	
0.040500

	
360

	
105

	
0

	  	  	  	
0.00

	  	
20110202

	
718000.00

	
0.045500

	
360

	
106

	
0

	  	  	  	
0.00

	  	
20101214

	
1361250.00

	
0.049000

	
360

	
107

	
0

	  	  	  	
0.00

	  	
20101231

	
800000.00

	
0.044500

	
360

	
108

	
0

	  	  	  	
0.00

	  	
20101201

	
825000.00

	
0.047000

	
360

	
109

	
0

	  	  	  	
500000.00

	  	
20101216

	
729750.00

	
0.041500

	
360

	
110

	
0

	  	  	  	
370250.00

	  	
20101119

	
729750.00

	
0.039500

	
360

	
111

	
0

	  	  	  	
100000.00

	  	
20110120

	
1000000.00

	
0.050500

	
360

	
112

	
0

	  	  	  	
39000.00

	  	
20101214

	
220000.00

	
0.040000

	
360

	
113

	
0

	  	  	  	
375000.00

	  	
20101229

	
410000.00

	
0.038500

	
360

	
114

	
0

	  	  	  	
0.00

	  	
20101210

	
765000.00

	
0.049000

	
360

	
115

	
0

	  	  	  	
95000.00

	  	
20110105

	
600000.00

	
0.047000

	
360

	
116

	
0

	  	  	  	
351000.00

	  	
20101227

	
412000.00

	
0.038500

	
360

	
117

	
0

	  	  	  	
0.00

	  	
20110104

	
729750.00

	
0.043000

	
360

	
118

	
0

	  	  	  	
0.00

	  	
20110112

	
729750.00

	
0.041500

	
360

	
119

	
0

	  	  	  	
423000.00

	  	
20110104

	
417000.00

	
0.038000

	
360

	
120

	
0

	  	  	  	
0.00

	  	
20101228

	
1500000.00

	
0.048000

	
360

	
121

	
0

	  	  	  	
0.00

	  	
20101227

	
397831.00

	
0.037500

	
360

	
122

	
0

	  	  	  	
1000000.00

	  	
20110112

	
870000.00

	
0.047500

	
360

	
123

	
0

	  	  	  	
0.00

	  	
20110113

	
1080000.00

	
0.051500

	
360

	
124

	
0

	  	  	  	
500000.00

	  	
20110125

	
1078230.00

	
0.042500

	
360

	
125

	
0

	  	  	  	
0.00

	  	
20110119

	
300000.00

	
0.041000

	
360

	
126

	
0

	  	  	  	
0.00

	  	
20110201

	
1156800.00

	
0.050500

	
360

	
127

	
0

	  	  	  	
0.00

	  	
20101229

	
165000.00

	
0.047500

	
360

	
128

	
0

	  	  	  	
0.00

	  	
20101229

	
2000000.00

	
0.049500

	
360

	
129

	
0

	  	  	  	
0.00

	  	
20110118

	
417000.00

	
0.041000

	
360

	
130

	
0

	  	  	  	
0.00

	  	
20110207

	
729750.00

	
0.047500

	
360

	
131

	
0

	  	  	  	
0.00

	  	
20110131

	
729750.00

	
0.043500

	
360

	
132

	
0

	  	  	  	
0.00

	  	
20110131

	
439000.00

	
0.051000

	
360

	
133

	
0

	  	  	  	
0.00

	  	
20101119

	
700000.00

	
0.040500

	
360

	
134

	
0

	  	  	  	
0.00

	  	
20090114

	
625500.00

	
0.041500

	
360

	
135

	
0

	  	  	  	
625000.00

	  	
20090206

	
625500.00

	
0.046500

	
360

	
136

	
0

	  	  	  	
330000.00

	  	
20090211

	
625500.00

	
0.042500

	
360

	
137

	
0

	  	  	  	
0.00

	  	
20090225

	
417000.00

	
0.041000

	
360

	
138

	
0

	  	  	  	
0.00

	  	
20100902

	
1242000.00

	
0.046000

	
360

	
139

	
0

	  	  	  	
0.00

	  	
20101108

	
1500000.00

	
0.045500

	
360

	
140

	
0

	  	  	  	
0.00

	  	
20101124

	
1920000.00

	
0.046500

	
360

	
141

	
0

	  	  	  	
0.00

	  	
20101117

	
1100000.00

	
0.044000

	
360

	
142

	
0

	  	  	  	
0.00

	  	
20110120

	
1100000.00

	
0.049000

	
360

	
143

	
0

	  	  	  	
0.00

	  	
20090120

	
416000.00

	
0.041500

	
360

	
144

	
0

	  	  	  	
0.00

	  	
20090114

	
336000.00

	
0.042500

	
360

	
145

	
0

	  	  	  	
240000.00

	  	
20090120

	
600000.00

	
0.044500

	
360

	
146

	
0

	  	  	  	
0.00

	  	
20090114

	
335000.00

	
0.042500

	
360

	
147

	
0

	  	  	  	
0.00

	  	
20090113

	
465500.00

	
0.048500

	
360

	
148

	
0

	  	  	  	
375000.00

	  	
20090312

	
417000.00

	
0.041000

	
360

	
149

	
0

	  	  	  	
0.00

	  	
20090313

	
306000.00

	
0.040000

	
360

	
150

	
0

	  	  	  	
150000.00

	  	
20090429

	
417000.00

	
0.044000

	
360

	
151

	
0

	  	  	  	
0.00

	  	
20090407

	
96200.00

	
0.051500

	
360

	
152

	
0

	  	  	  	
0.00

	  	
20100112

	
417000.00

	
0.044000

	
360

	
153

	
0

	  	  	  	
0.00

	  	
20090727

	
229000.00

	
0.039500

	
360

	
154

	
0

	  	  	  	
0.00

	  	
20090603

	
934200.00

	
0.055500

	
360

	
155

	
0

	  	  	  	
392500.00

	  	
20090701

	
567500.00

	
0.050500

	
360

	
156

	
0

	  	  	  	
1000000.00

	  	
20090729

	
625000.00

	
0.045000

	
360

	
157

	
0

	  	  	  	
375000.00

	  	
20100224

	
729250.00

	
0.044500

	
360

	
158

	
0

	  	  	  	
0.00

	  	
20100825

	
1050000.00

	
0.047000

	
360

	
159

	
0

	  	  	  	
880000.00

	  	
20100830

	
1920000.00

	
0.048000

	
360

	
160

	
0

	  	  	  	
0.00

	  	
20100823

	
1000000.00

	
0.047000

	
360

	
161

	
0

	  	  	  	
0.00

	  	
20100928

	
582975.00

	
0.046000

	
360

	
162

	
0

	  	  	  	
0.00

	  	
20100902

	
1150000.00

	
0.046500

	
360

	
163

	
0

	  	  	  	
110250.00

	  	
20101216

	
724000.00

	
0.041000

	
360

	
164

	
0

	  	  	  	
750000.00

	  	
20100921

	
1100000.00

	
0.046500

	
360

	
165

	
0

	  	  	  	
250000.00

	  	
20110112

	
493229.00

	
0.042500

	
360

	
166

	
0

	  	  	  	
150000.00

	  	
20101102

	
2000000.00

	
0.046500

	
360

	
167

	
0

	  	  	  	
100000.00

	  	
20101122

	
600000.00

	
0.040500

	
360

	
168

	
0

	  	  	  	
0.00

	  	
20101110

	
729000.00

	
0.042000

	
360

	
169

	
0

	  	  	  	
250000.00

	  	
20101215

	
719000.00

	
0.039000

	
360

	
170

	
0

	  	  	  	
0.00

	  	
20101213

	
925000.00

	
0.044500

	
360

	
171

	
0

	  	  	  	
0.00

	  	
20101215

	
1295000.00

	
0.046500

	
360

	
172

	
0

	  	  	  	
370195.00

	  	
20101209

	
729750.00

	
0.040000

	
360

	
173

	
0

	  	  	  	
0.00

	  	
20101227

	
729750.00

	
0.041000

	
360

	
174

	
0

	  	  	  	
0.00

	  	
20101220

	
950000.00

	
0.046000

	
360

	
175

	
0

	  	  	  	
0.00

	  	
20110131

	
1120000.00

	
0.050500

	
360

	
176

	
0

	  	  	  	
0.00

	  	
20110131

	
729000.00

	
0.046500

	
360

	
177

	
0

	  	  	  	
0.00

	  	
20110104

	
350000.00

	
0.042000

	
360

	
178

	
0

	  	  	  	
0.00

	  	
20110103

	
650000.00

	
0.043000

	
360

	
179

	
0

	  	  	  	
0.00

	  	
20110118

	
455000.00

	
0.048000

	
360

	
180

	
0

	  	  	  	
0.00

	  	
20101229

	
320000.00

	
0.044500

	
360

	
181

	
0

	  	  	  	
0.00

	  	
20110125

	
265000.00

	
0.045000

	
360

	
182

	
0

	  	  	  	
0.00

	  	
20100901

	
1791000.00

	
0.050500

	
360

	
183

	
0

	  	  	  	
0.00

	  	
20100913

	
1147000.00

	
0.047000

	
360

	
184

	
0

	  	  	  	
0.00

	  	
20100924

	
1225000.00

	
0.048000

	
360

	
185

	
0

	  	  	  	
13575.93

	  	
20101014

	
1038700.00

	
0.049000

	
360

	
186

	
0

	  	  	  	
0.00

	  	
20101021

	
1320000.00

	
0.049500

	
360

	
187

	
0

	  	  	  	
0.00

	  	
20101123

	
1100000.00

	
0.047500

	
360

	
188

	
0

	  	  	  	
0.00

	  	
20101110

	
1242500.00

	
0.051500

	
360

	
189

	
0

	  	  	  	
0.00

	  	
20101222

	
1049345.00

	
0.051000

	
360

	
190

	
0

	  	  	  	
0.00

	  	
20101221

	
1000000.00

	
0.049500

	
360

	
191

	
0

	  	  	  	
0.00

	  	
20110212

	
808000.00

	
0.049500

	
360

	
192

	
0

	  	  	  	
0.00

	  	
20110209

	
1000000.00

	
0.051500

	
360

	
193

	
0

	  	  	  	
100000.00

	  	
20110209

	
875000.00

	
0.052500

	
360

	
194

	
0

	  	  	  	
0.00

	  	
20110223

	
1000000.00

	
0.053000

	
360

	
195

	
0

	  	  	  	
0.00

	  	
20110302

	
1000000.00

	
0.052000

	
360

	
196

	
0

	  	  	  	
0.00

	  	
20110210

	
968000.00

	
0.050500

	
360

	
197

	
0

	  	  	  	
0.00

	  	
20110223

	
900000.00

	
0.051500

	
360

	
198

	
0

	  	  	  	
220000.00

	  	
20110222

	
800000.00

	
0.054000

	
360

	
199

	
0

	  	  	  	
0.00

	  	
20110322

	
2000000.00

	
0.056000

	
360

	
200

	
0

	  	  	  	
93250.00

	  	
20110224

	
938000.00

	
0.051500

	
360

	
201

	
0

	  	  	  	
0.00

	  	
20110323

	
1301250.00

	
0.053500

	
360

	
202

	
0

	  	  	  	
100000.00

	  	
20110318

	
1000000.00

	
0.050500

	
360

	
203

	
0

	  	  	  	
0.00

	  	
20110316

	
907500.00

	
0.051500

	
360

	
204

	
0

	  	  	  	
500000.00

	  	
20110414

	
2000000.00

	
0.050000

	
360

	
205

	
0

	  	  	  	
0.00

	  	
20110325

	
945000.00

	
0.049500

	
360

	
206

	
0

	  	  	  	
0.00

	  	
20110413

	
555000.00

	
0.052500

	
360

	
207

	
0

	  	  	  	
0.00

	  	
20110412

	
1415000.00

	
0.051000

	
360

	
208

	
0

	  	  	  	
0.00

	  	
20110426

	
1650000.00

	
0.052500

	
360

	
209

	
0

	  	  	  	
0.00

	  	
20110408

	
1288000.00

	
0.052000

	
360

	
210

	
0

	  	  	  	
0.00

	  	
20110503

	
1200000.00

	
0.050500

	
360

	
211

	
0

	  	  	  	
0.00

	  	
20110422

	
1100000.00

	
0.052000

	
360

	
212

	
0

	  	  	  	
0.00

	  	
20110502

	
1013600.00

	
0.051500

	
360

	
213

	
0

	  	  	  	
0.00

	  	
20110428

	
920000.00

	
0.052000

	
360

	
214

	
0

	  	  	  	
0.00

	  	
20110506

	
588000.00

	
0.052500

	
360

	
215

	
0

	  	  	  	
0.00

	  	
20110425

	
1725000.00

	
0.051500

	
360

	
216

	
0

	  	  	  	
462500.00

	  	
20110509

	
2500000.00

	
0.050000

	
360

	
217

	
0

	  	  	  	
0.00

	  	
20110502

	
1100000.00

	
0.052000

	
360

	
218

	
0

	  	  	  	
700000.00

	  	
20110525

	
806000.00

	
0.052000

	
360

	
219

	
0

	  	  	  	
200000.00

	  	
20110603

	
595000.00

	
0.052000

	
360

	
220

	
0

	  	  	  	
0.00

	  	
20110511

	
1300000.00

	
0.049000

	
360

	
221

	
0

	  	  	  	
0.00

	  	
20110517

	
1100000.00

	
0.048500

	
360

	
222

	
0

	  	  	  	
0.00

	  	
20110503

	
1700000.00

	
0.049000

	
360

	
223

	
0

	  	  	  	
0.00

	  	
20110509

	
770000.00

	
0.050500

	
360

	
224

	
0

	  	  	  	
0.00

	  	
20110609

	
1000000.00

	
0.050500

	
360

	
225

	
0

	  	  	  	
0.00

	  	
20110527

	
481080.00

	
0.051500

	
360

	
226

	
0

	  	  	  	
100000.00

	  	
20110509

	
775000.00

	
0.051000

	
360

	
227

	
0

	  	  	  	
0.00

	  	
20110516

	
500000.00

	
0.051000

	
360

	
228

	
0

	  	  	  	
750000.00

	  	
20110512

	
2500000.00

	
0.051000

	
360

	
229

	
0

	  	  	  	
0.00

	  	
20110516

	
1448000.00

	
0.050000

	
360

	
230

	
0

	  	  	  	
0.00

	  	
20110608

	
1580000.00

	
0.049000

	
360

	
231

	
0

	  	  	  	
0.00

	  	
20110531

	
1000000.00

	
0.049000

	
360

	
232

	
0

	  	  	  	
0.00

	  	
20110616

	
1462500.00

	
0.049000

	
360

	
233

	
0

	  	  	  	
0.00

	  	
20110621

	
1005000.00

	
0.048500

	
360

	
234

	
0

	  	  	  	
0.00

	  	
20110217

	
1100000.00

	
0.050000

	
360

	
235

	
0

	  	  	  	
0.00

	  	
20101130

	
408000.00

	
0.052000

	
360

	
236

	
0

	  	  	  	
0.00

	  	
20090303

	
350000.00

	
0.047500

	
360

	
237

	
0

	  	  	  	
0.00

	  	
20100913

	
955000.00

	
0.048500

	
360

	
238

	
0

	  	  	  	
0.00

	  	
20100930

	
1362500.00

	
0.044500

	
360

	
239

	
0

	  	  	  	
1000000.00

	  	
20110110

	
1497300.00

	
0.048000

	
360

	
240

	
0

	  	  	  	
0.00

	  	
20101129

	
729000.00

	
0.041000

	
360

	
241

	
0

	  	  	  	
0.00

	  	
20101217

	
1000000.00

	
0.044500

	
360

	
242

	
0

	  	  	  	
0.00

	  	
20110121

	
1137500.00

	
0.053500

	
360

	
243

	
0

	  	  	  	
0.00

	  	
20110421

	
850000.00

	
0.052000

	
360

	
244

	
0

	  	  	  	
0.00

	  	
20110415

	
1550000.00

	
0.049500

	
360

	
245

	
0

	  	  	  	
0.00

	  	
20110504

	
1000000.00

	
0.049000

	
360

	
246

	
0

	  	  	  	
0.00

	  	
20110606

	
1070000.00

	
0.051000

	
360

	
247

	
0

	  	  	  	
0.00

	  	
20110624

	
1000000.00

	
0.047000

	
360

 

	
KEY

	
Original Term to

Maturity

	
First Payment Date

of Loan

	
Interest Type

Indicator

	
Original Interest

Only Term

	
Buy Down Period

	
HELOC Draw Period

	
Current Loan

Amount

	
Current Interest

Rate

	
Current Payment

Amount Due

	
Interest Paid

Through Date

	
1

	
360

	
20110201

	
1

	
0

	
0

	  	
691978.80

	
0.041000

	
3382.39

	
20110901

	
2

	
360

	
20110301

	
1

	
0

	
0

	  	
280314.16

	
0.044000

	
1417.16

	
20110901

	
3

	
360

	
20090301

	
1

	
0

	
0

	  	
597997.17

	
0.045000

	
3166.79

	
20110901

	
4

	
360

	
20090301

	
1

	
0

	
0

	  	
479646.12

	
0.048500

	
2538.39

	
20110901

	
5

	
360

	
20090301

	
1

	
0

	
0

	  	
597315.86

	
0.042500

	
3077.09

	
20110901

	
6

	
360

	
20090301

	
1

	
0

	
0

	  	
522932.40

	
0.047500

	
3151.11

	
20110901

	
7

	
360

	
20090301

	
1

	
0

	
0

	  	
599339.16

	
0.048000

	
3154.11

	
20110901

	
8

	
360

	
20090301

	
1

	
0

	
0

	  	
497280.49

	
0.047500

	
2717.53

	
20110901

	
9

	
360

	
20090301

	
1

	
0

	
0

	  	
597315.86

	
0.042500

	
3077.09

	
20110901

	
10

	
360

	
20090401

	
1

	
0

	
0

	  	
210390.17

	
0.048500

	
1111.75

	
20110901

	
11

	
360

	
20090301

	
1

	
0

	
0

	  	
494814.21

	
0.048000

	
2604.04

	
20110901

	
12

	
360

	
20090301

	
1

	
0

	
0

	  	
504151.51

	
0.040000

	
2525.53

	
20110901

	
13

	
360

	
20090301

	
1

	
0

	
0

	  	
526237.68

	
0.045000

	
2786.77

	
20110901

	
14

	
360

	
20090301

	
1

	
0

	
0

	  	
434153.09

	
0.041500

	
2211.78

	
20110901

	
15

	
360

	
20090301

	
1

	
0

	
0

	  	
597073.22

	
0.043000

	
2968.36

	
20110901

	
16

	
360

	
20090301

	
1

	
0

	
0

	  	
397894.14

	
0.041500

	
1944.03

	
20110901

	
17

	
360

	
20090301

	
1

	
0

	
0

	  	
472828.21

	
0.044500

	
2394.71

	
20110901

	
18

	
360

	
20090301

	
1

	
0

	
0

	  	
595398.42

	
0.039500

	
2841.61

	
20110901

	
19

	
360

	
20090301

	
1

	
0

	
0

	  	
610419.50

	
0.046000

	
3268.11

	
20110901

	
20

	
360

	
20090401

	
1

	
0

	
0

	  	
384648.38

	
0.043000

	
1989.39

	
20110901

	
21

	
360

	
20090301

	
1

	
0

	
0

	  	
374039.21

	
0.041500

	
1827.48

	
20110901

	
22

	
360

	
20090301

	
1

	
0

	
0

	  	
596838.34

	
0.042500

	
2950.09

	
20110901

	
23

	
360

	
20090301

	
1

	
0

	
0

	  	
599119.08

	
0.047500

	
3135.30

	
20110901

	
24

	
360

	
20090301

	
1

	
0

	
0

	  	
598224.63

	
0.045500

	
3185.38

	
20110901

	
25

	
360

	
20090301

	
1

	
0

	
0

	  	
578124.34

	
0.045500

	
3078.35

	
20110901

	
26

	
360

	
20090301

	
1

	
0

	
0

	  	
598007.41

	
0.044500

	
3024.74

	
20110901

	
27

	
360

	
20090601

	
1

	
0

	
0

	  	
399833.74

	
0.041500

	
1943.63

	
20110901

	
28

	
360

	
20090301

	
1

	
0

	
0

	  	
598246.50

	
0.044500

	
3025.94

	
20110901

	
29

	
360

	
20090301

	
1

	
0

	
0

	  	
263900.91

	
0.049000

	
1459.50

	
20110901

	
30

	
360

	
20090301

	
1

	
0

	
0

	  	
597306.35

	
0.043500

	
3111.33

	
20110901

	
31

	
360

	
20090301

	
1

	
0

	
0

	  	
234915.42

	
0.042500

	
1161.16

	
20110901

	
32

	
360

	
20090601

	
1

	
0

	
0

	  	
400120.32

	
0.042500

	
1967.90

	
20110901

	
33

	
360

	
20090401

	
1

	
0

	
0

	  	
381998.06

	
0.040500

	
1921.21

	
20110901

	
34

	
360

	
20090601

	
1

	
0

	
0

	  	
400120.32

	
0.042500

	
2051.39

	
20110901

	
35

	
360

	
20090701

	
1

	
0

	
0

	  	
701783.98

	
0.044500

	
3673.37

	
20110901

	
36

	
360

	
20090701

	
1

	
0

	
0

	  	
371501.41

	
0.041500

	
1802.88

	
20110901

	
37

	
360

	
20090801

	
1

	
0

	
0

	  	
662818.60

	
0.039500

	
3274.31

	
20110901

	
38

	
360

	
20090801

	
1

	
0

	
0

	  	
307905.23

	
0.051000

	
1727.67

	
20110901

	
39

	
360

	
20090801

	
1

	
0

	
0

	  	
61609.58

	
0.050000

	
367.02

	
20110901

	
40

	
360

	
20090801

	
1

	
0

	
0

	  	
635751.18

	
0.053000

	
3644.19

	
20110901

	
41

	
360

	
20100201

	
1

	
0

	
0

	  	
282287.94

	
0.046500

	
1495.35

	
20110901

	
42

	
360

	
20090901

	
1

	
0

	
0

	  	
604821.13

	
0.048750

	
3307.56

	
20110901

	
43

	
360

	
20090901

	
1

	
0

	
0

	  	
346386.44

	
0.039500

	
1708.34

	
20110901

	
44

	
360

	
20091101

	
1

	
0

	
0

	  	
196299.63

	
0.058000

	
2403.48

	
20110901

	
45

	
360

	
20100101

	
1

	
0

	
0

	  	
165118.19

	
0.045000

	
826.92

	
20110901

	
46

	
360

	
20100301

	
1

	
0

	
0

	  	
711188.35

	
0.046000

	
3741.03

	
20110901

	
47

	
360

	
20100201

	
1

	
0

	
0

	  	
405617.22

	
0.045000

	
2112.88

	
20110901

	
48

	
360

	
20100801

	
1

	
0

	
0

	  	
155124.71

	
0.057500

	
919.13

	
20110901

	
49

	
360

	
20100501

	
1

	
0

	
0

	  	
71296.17

	
0.048000

	
368.14

	
20110901

	
50

	
360

	
20100601

	
1

	
0

	
0

	  	
490169.53

	
0.050500

	
2597.16

	
20110901

	
51

	
360

	
20110201

	
1

	
0

	
0

	  	
890731.69

	
0.047000

	
4481.94

	
20110901

	
52

	
360

	
20101001

	
1

	
0

	
0

	  	
1133784.29

	
0.052500

	
6350.35

	
20110901

	
53

	
360

	
20101101

	
1

	
0

	
0

	  	
431371.45

	
0.039500

	
1990.84

	
20110901

	
54

	
360

	
20101101

	
1

	
0

	
0

	  	
1083400.65

	
0.043750

	
5266.11

	
20110901

	
55

	
360

	
20101101

	
1

	
0

	
0

	  	
941003.41

	
0.047000

	
4978.93

	
20110901

	
56

	
360

	
20101101

	
1

	
0

	
0

	  	
1972516.86

	
0.049000

	
10614.54

	
20110901

	
57

	
360

	
20110101

	
1

	
0

	
0

	  	
721430.03

	
0.048000

	
3828.75

	
20110901

	
58

	
360

	
20101101

	
1

	
0

	
0

	  	
943957.60

	
0.047500

	
4810.80

	
20110901

	
59

	
360

	
20101101

	
1

	
0

	
0

	  	
411523.13

	
0.051500

	
2276.93

	
20110901

	
60

	
360

	
20101101

	
1

	
0

	
0

	  	
687204.74

	
0.045000

	
3390.78

	
20110901

	
61

	
360

	
20101001

	
1

	
0

	
0

	  	
717977.43

	
0.045000

	
3547.75

	
20110901

	
62

	
360

	
20101101

	
1

	
0

	
0

	  	
632773.57

	
0.046500

	
3310.39

	
20110901

	
63

	
360

	
20101101

	
1

	
0

	
0

	  	
410679.47

	
0.043500

	
2075.88

	
20110901

	
64

	
360

	
20101201

	
1

	
0

	
0

	  	
676460.28

	
0.049000

	
3635.48

	
20110901

	
65

	
360

	
20101101

	
1

	
0

	
0

	  	
1143002.20

	
0.045500

	
6115.93

	
20110901

	
66

	
360

	
20101201

	
1

	
0

	
0

	  	
1085911.24

	
0.047500

	
5511.59

	
20110901

	
67

	
360

	
20101101

	
1

	
0

	
0

	  	
1056593.88

	
0.046500

	
5307.21

	
20110901

	
68

	
360

	
20101201

	
1

	
0

	
0

	  	
700234.54

	
0.043500

	
3534.47

	
20110901

	
69

	
360

	
20101201

	
1

	
0

	
0

	  	
1579507.36

	
0.047500

	
8346.36

	
20110901

	
70

	
360

	
20101101

	
1

	
0

	
0

	  	
1074612.72

	
0.047500

	
5461.79

	
20110901

	
71

	
360

	
20101101

	
1

	
0

	
0

	  	
985108.50

	
0.044500

	
4831.68

	
20110901

	
72

	
360

	
20101201

	
1

	
0

	
0

	  	
410574.97

	
0.037000

	
1833.72

	
20110901

	
73

	
360

	
20101201

	
1

	
0

	
0

	  	
679368.72

	
0.037000

	
3034.20

	
20110901

	
74

	
360

	
20101201

	
1

	
0

	
0

	  	
1973687.05

	
0.046000

	
10252.89

	
20110901

	
75

	
360

	
20110401

	
1

	
0

	
0

	  	
703346.52

	
0.047500

	
3550.46

	
20110901

	
76

	
360

	
20101201

	
1

	
0

	
0

	  	
987076.72

	
0.047000

	
4980.47

	
20110901

	
77

	
360

	
20110101

	
1

	
0

	
0

	  	
720075.70

	
0.039500

	
3462.94

	
20110901

	
78

	
360

	
20110101

	
1

	
0

	
0

	  	
165868.37

	
0.042000

	
786.94

	
20110901

	
79

	
360

	
20110101

	
1

	
0

	
0

	  	
246221.90

	
0.041500

	
1224.99

	
20110901

	
80

	
360

	
20101201

	
1

	
0

	
0

	  	
410574.97

	
0.037000

	
1919.39

	
20110901

	
81

	
360

	
20101201

	
1

	
0

	
0

	  	
1775336.20

	
0.048500

	
9498.46

	
20110901

	
82

	
360

	
20101201

	
1

	
0

	
0

	  	
986487.47

	
0.044500

	
4831.38

	
20110901

	
83

	
360

	
20110101

	
1

	
0

	
0

	  	
411276.16

	
0.037500

	
1845.38

	
20110901

	
84

	
360

	
20110101

	
1

	
0

	
0

	  	
558754.96

	
0.041500

	
2634.78

	
20110901

	
85

	
360

	
20110101

	
1

	
0

	
0

	  	
765675.89

	
0.045000

	
3767.08

	
20110901

	
86

	
360

	
20110101

	
1

	
0

	
0

	  	
703299.24

	
0.041000

	
3296.05

	
20110901

	
87

	
360

	
20110101

	
1

	
0

	
0

	  	
1482113.74

	
0.045500

	
7644.91

	
20110901

	
88

	
360

	
20110101

	
1

	
0

	
0

	  	
695717.50

	
0.040500

	
3240.98

	
20110901

	
89

	
360

	
20110101

	
1

	
0

	
0

	  	
411471.77

	
0.039500

	
1892.97

	
20110901

	
90

	
360

	
20110101

	
1

	
0

	
0

	  	
1225645.80

	
0.047500

	
6212.28

	
20110901

	
91

	
360

	
20101201

	
1

	
0

	
0

	  	
1480265.27

	
0.046000

	
7689.67

	
20110901

	
92

	
360

	
20110101

	
1

	
0

	
0

	  	
389301.13

	
0.048500

	
2077.79

	
20110901

	
93

	
360

	
20110101

	
1

	
0

	
0

	  	
1190880.57

	
0.050500

	
6251.77

	
20110901

	
94

	
360

	
20110201

	
1

	
0

	
0

	  	
519036.79

	
0.041500

	
2443.76

	
20110901

	
95

	
360

	
20110101

	
1

	
0

	
0

	  	
297009.64

	
0.039500

	
1428.36

	
20110901

	
96

	
360

	
20110201

	
1

	
0

	
0

	  	
642218.29

	
0.038500

	
3047.26

	
20110901

	
97

	
360

	
20110301

	
1

	
0

	
0

	  	
183336.27

	
0.047000

	
921.23

	
20110901

	
98

	
360

	
20110201

	
1

	
0

	
0

	  	
1434522.48

	
0.045000

	
7346.94

	
20110901

	
99

	
360

	
20110101

	
1

	
0

	
0

	  	
705847.75

	
0.041500

	
3328.38

	
20110901

	
100

	
360

	
20110201

	
1

	
0

	
0

	  	
517853.31

	
0.042000

	
2561.23

	
20110901

	
101

	
360

	
20110201

	
1

	
0

	
0

	  	
720572.69

	
0.040500

	
3351.07

	
20110901

	
102

	
360

	
20110201

	
1

	
0

	
0

	  	
721239.70

	
0.040000

	
3483.94

	
20110901

	
103

	
360

	
20110301

	
1

	
0

	
0

	  	
373791.30

	
0.041000

	
1831.33

	
20110901

	
104

	
360

	
20110201

	
1

	
0

	
0

	  	
721314.03

	
0.040500

	
3505.01

	
20110901

	
105

	
360

	
20110401

	
1

	
0

	
0

	  	
712324.73

	
0.045500

	
3659.37

	
20110901

	
106

	
360

	
20110201

	
1

	
0

	
0

	  	
1347729.28

	
0.049000

	
6943.38

	
20110901

	
107

	
360

	
20110201

	
1

	
0

	
0

	  	
791384.05

	
0.044500

	
4029.76

	
20110901

	
108

	
360

	
20110201

	
1

	
0

	
0

	  	
816504.05

	
0.047000

	
4278.77

	
20110901

	
109

	
360

	
20110201

	
1

	
0

	
0

	  	
721461.23

	
0.041500

	
3396.82

	
20110901

	
110

	
360

	
20110101

	
1

	
0

	
0

	  	
720075.70

	
0.039500

	
3312.70

	
20110901

	
111

	
360

	
20110301

	
1

	
0

	
0

	  	
987900.05

	
0.050500

	
5192.62

	
20110901

	
112

	
360

	
20110201

	
1

	
0

	
0

	  	
217434.32

	
0.040000

	
1050.32

	
20110901

	
113

	
360

	
20110201

	
1

	
0

	
0

	  	
405091.52

	
0.038500

	
1922.12

	
20110901

	
114

	
360

	
20110201

	
1

	
0

	
0

	  	
757401.59

	
0.049000

	
3902.06

	
20110901

	
115

	
360

	
20110201

	
1

	
0

	
0

	  	
593821.15

	
0.047000

	
2987.95

	
20110901

	
116

	
360

	
20110201

	
1

	
0

	
0

	  	
407067.63

	
0.038500

	
1846.55

	
20110901

	
117

	
360

	
20110301

	
1

	
0

	
0

	  	
722699.83

	
0.043000

	
3611.33

	
20110901

	
118

	
360

	
20110301

	
1

	
0

	
0

	  	
722509.89

	
0.041500

	
3547.34

	
20110901

	
119

	
360

	
20110301

	
1

	
0

	
0

	  	
412600.54

	
0.038000

	
1943.05

	
20110901

	
120

	
360

	
20110201

	
1

	
0

	
0

	  	
1484828.96

	
0.048000

	
7869.99

	
20110901

	
121

	
360

	
20110201

	
1

	
0

	
0

	  	
392984.66

	
0.037500

	
1842.42

	
20110901

	
122

	
360

	
20110301

	
1

	
0

	
0

	  	
862246.28

	
0.047500

	
4358.48

	
20110901

	
123

	
360

	
20110301

	
1

	
0

	
0

	  	
1071050.79

	
0.051500

	
5897.09

	
20110901

	
124

	
360

	
20110301

	
1

	
0

	
0

	  	
1067720.22

	
0.042500

	
5081.50

	
20110901

	
125

	
360

	
20110301

	
1

	
0

	
0

	  	
296997.16

	
0.041000

	
1449.60

	
20110901

	
126

	
360

	
20110401

	
1

	
0

	
0

	  	
1148449.67

	
0.050500

	
6005.79

	
20110901

	
127

	
360

	
20110201

	
1

	
0

	
0

	  	
163316.05

	
0.047500

	
826.66

	
20110901

	
128

	
360

	
20110201

	
1

	
0

	
0

	  	
1980314.34

	
0.049500

	
10675.40

	
20110901

	
129

	
360

	
20110301

	
1

	
0

	
0

	  	
412826.08

	
0.041000

	
2014.94

	
20110901

	
130

	
360

	
20110401

	
1

	
0

	
0

	  	
724186.38

	
0.047500

	
3655.66

	
20110901

	
131

	
360

	
20110301

	
1

	
0

	
0

	  	
722762.25

	
0.043500

	
3632.79

	
20110901

	
132

	
360

	
20110301

	
1

	
0

	
0

	  	
435328.86

	
0.051000

	
2383.55

	
20110901

	
133

	
360

	
20110101

	
1

	
0

	
0

	  	
639710.68

	
0.040500

	
3228.60

	
20110901

	
134

	
360

	
20090301

	
1

	
0

	
0

	  	
596841.56

	
0.041500

	
2916.04

	
20110901

	
135

	
360

	
20090401

	
1

	
0

	
0

	  	
600053.90

	
0.046500

	
3100.12

	
20110901

	
136

	
360

	
20090401

	
1

	
0

	
0

	  	
598274.06

	
0.042500

	
2952.25

	
20110901

	
137

	
360

	
20090401

	
1

	
0

	
0

	  	
398388.52

	
0.041000

	
2014.94

	
20110901

	
138

	
360

	
20101101

	
1

	
0

	
0

	  	
1223990.91

	
0.046000

	
6111.71

	
20110901

	
139

	
360

	
20110101

	
1

	
0

	
0

	  	
1482113.74

	
0.045500

	
7335.72

	
20110901

	
140

	
360

	
20110101

	
1

	
0

	
0

	  	
1897511.61

	
0.046500

	
9504.39

	
20110901

	
141

	
360

	
20110101

	
1

	
0

	
0

	  	
1086528.19

	
0.044000

	
5508.38

	
20110901

	
142

	
360

	
20110301

	
1

	
0

	
0

	  	
1090459.43

	
0.049000

	
5610.54

	
20110901

	
143

	
360

	
20090301

	
1

	
0

	
0

	  	
396940.24

	
0.041500

	
2022.19

	
20110901

	
144

	
360

	
20090301

	
1

	
0

	
0

	  	
320860.34

	
0.042500

	
1585.97

	
20110901

	
145

	
360

	
20090301

	
1

	
0

	
0

	  	
573857.64

	
0.044500

	
3022.32

	
20110901

	
146

	
360

	
20090301

	
1

	
0

	
0

	  	
310304.66

	
0.042500

	
1648.00

	
20110901

	
147

	
360

	
20090301

	
1

	
0

	
0

	  	
434453.28

	
0.048500

	
2456.41

	
20110901

	
148

	
360

	
20090501

	
1

	
0

	
0

	  	
399040.07

	
0.041000

	
1931.67

	
20110901

	
149

	
360

	
20090501

	
1

	
0

	
0

	  	
264219.56

	
0.040000

	
1405.73

	
20110901

	
150

	
360

	
20090601

	
1

	
0

	
0

	  	
400542.71

	
0.044000

	
2088.18

	
20110901

	
151

	
360

	
20090601

	
1

	
0

	
0

	  	
92862.87

	
0.051500

	
525.28

	
20110901

	
152

	
360

	
20100201

	
1

	
0

	
0

	  	
405418.12

	
0.044000

	
2088.18

	
20110901

	
153

	
360

	
20090901

	
1

	
0

	
0

	  	
220340.10

	
0.039500

	
1086.70

	
20110901

	
154

	
360

	
20090801

	
1

	
0

	
0

	  	
906282.71

	
0.055500

	
5144.58

	
20110901

	
155

	
360

	
20090801

	
1

	
0

	
0

	  	
548978.46

	
0.050500

	
2949.31

	
20110901

	
156

	
360

	
20090901

	
1

	
0

	
0

	  	
603470.91

	
0.045000

	
3040.88

	
20110901

	
157

	
360

	
20100401

	
1

	
0

	
0

	  	
711245.94

	
0.044500

	
3673.37

	
20110901

	
158

	
360

	
20101001

	
1

	
0

	
0

	  	
1033652.43

	
0.047000

	
5230.07

	
20110901

	
159

	
360

	
20101001

	
1

	
0

	
0

	  	
1890636.62

	
0.048000

	
10073.58

	
20110901

	
160

	
360

	
20101001

	
1

	
0

	
0

	  	
991006.89

	
0.047000

	
4979.65

	
20110901

	
161

	
360

	
20101101

	
1

	
0

	
0

	  	
574521.86

	
0.046000

	
2988.59

	
20110901

	
162

	
360

	
20101101

	
1

	
0

	
0

	  	
1133472.89

	
0.046500

	
5693.37

	
20110901

	
163

	
360

	
20110201

	
1

	
0

	
0

	  	
715703.76

	
0.041000

	
3349.03

	
20110901

	
164

	
360

	
20101101

	
1

	
0

	
0

	  	
1084191.48

	
0.046500

	
5445.83

	
20110901

	
165

	
360

	
20110301

	
1

	
0

	
0

	  	
488421.32

	
0.042500

	
2324.50

	
20110901

	
166

	
360

	
20110101

	
1

	
0

	
0

	  	
1934349.75

	
0.046500

	
10312.74

	
20110901

	
167

	
360

	
20110101

	
1

	
0

	
0

	  	
592183.69

	
0.040500

	
2881.82

	
20110901

	
168

	
360

	
20110101

	
1

	
0

	
0

	  	
719750.29

	
0.042000

	
3564.94

	
20110901

	
169

	
360

	
20110201

	
1

	
0

	
0

	  	
710245.69

	
0.039000

	
3243.10

	
20110901

	
170

	
360

	
20110201

	
1

	
0

	
0

	  	
915037.87

	
0.044500

	
4468.51

	
20110901

	
171

	
360

	
20110201

	
1

	
0

	
0

	  	
1281543.55

	
0.046500

	
6410.15

	
20110901

	
172

	
360

	
20110201

	
1

	
0

	
0

	  	
721239.70

	
0.040000

	
3333.46

	
20110901

	
173

	
360

	
20110201

	
1

	
0

	
0

	  	
721387.81

	
0.041000

	
3375.64

	
20110901

	
174

	
360

	
20110201

	
1

	
0

	
0

	  	
940039.43

	
0.046000

	
4674.03

	
20110901

	
175

	
360

	
20110201

	
1

	
0

	
0

	  	
1110547.91

	
0.050500

	
6046.68

	
20110901

	
176

	
360

	
20110301

	
1

	
0

	
0

	  	
722384.63

	
0.046500

	
3608.30

	
20110901

	
177

	
360

	
20110301

	
1

	
0

	
0

	  	
346558.04

	
0.042000

	
1711.57

	
20110901

	
178

	
360

	
20110201

	
1

	
0

	
0

	  	
642810.28

	
0.043000

	
3082.57

	
20110901

	
179

	
360

	
20110301

	
1

	
0

	
0

	  	
450981.42

	
0.048000

	
2387.23

	
20110901

	
180

	
360

	
20110201

	
1

	
0

	
0

	  	
316553.57

	
0.044500

	
1611.91

	
20110901

	
181

	
360

	
20110301

	
1

	
0

	
0

	  	
262529.56

	
0.045000

	
1287.96

	
20110901

	
182

	
360

	
20101101

	
1

	
0

	
0

	  	
1769270.12

	
0.050500

	
9669.28

	
20110901

	
183

	
360

	
20101101

	
1

	
0

	
0

	  	
1126058.57

	
0.047000

	
5948.78

	
20110901

	
184

	
360

	
20101101

	
1

	
0

	
0

	  	
1209450.55

	
0.048000

	
6427.16

	
20110901

	
185

	
360

	
20101201

	
1

	
0

	
0

	  	
1027069.61

	
0.049000

	
5512.66

	
20110901

	
186

	
360

	
20101201

	
1

	
0

	
0

	  	
1305353.06

	
0.049500

	
7045.77

	
20110901

	
187

	
360

	
20110201

	
1

	
0

	
0

	  	
1090196.46

	
0.047500

	
5738.13

	
20110901

	
188

	
360

	
20110101

	
1

	
0

	
0

	  	
1230708.14

	
0.051500

	
6784.38

	
20110901

	
189

	
360

	
20110201

	
1

	
0

	
0

	  	
1040569.83

	
0.051000

	
5697.42

	
20110901

	
190

	
360

	
20110201

	
1

	
0

	
0

	  	
991405.32

	
0.049500

	
5337.70

	
20110901

	
191

	
360

	
20110401

	
1

	
0

	
0

	  	
803060.06

	
0.049500

	
4312.87

	
20110901

	
192

	
360

	
20110401

	
1

	
0

	
0

	  	
994106.62

	
0.051500

	
5460.27

	
20110901

	
193

	
360

	
20110401

	
1

	
0

	
0

	  	
869937.57

	
0.052500

	
4831.79

	
20110901

	
194

	
360

	
20110501

	
1

	
0

	
0

	  	
995424.27

	
0.053000

	
5553.05

	
20110901

	
195

	
360

	
20110501

	
1

	
0

	
0

	  	
995338.71

	
0.052000

	
5491.11

	
20110901

	
196

	
360

	
20110401

	
1

	
0

	
0

	  	
962189.35

	
0.050500

	
5226.06

	
20110901

	
197

	
360

	
20110401

	
1

	
0

	
0

	  	
894695.97

	
0.051500

	
4914.24

	
20110901

	
198

	
360

	
20110501

	
1

	
0

	
0

	  	
796406.83

	
0.054000

	
4492.25

	
20110901

	
199

	
360

	
20110501

	
1

	
0

	
0

	  	
1938981.54

	
0.056000

	
11481.58

	
20110901

	
200

	
360

	
20110501

	
1

	
0

	
0

	  	
933587.10

	
0.051500

	
5121.73

	
20110901

	
201

	
360

	
20110601

	
1

	
0

	
0

	  	
1296835.52

	
0.053500

	
7266.36

	
20110901

	
202

	
360

	
20110501

	
1

	
0

	
0

	  	
995207.90

	
0.050500

	
5398.82

	
20110901

	
203

	
360

	
20110501

	
1

	
0

	
0

	  	
903230.61

	
0.051500

	
4955.19

	
20110901

	
204

	
360

	
20110601

	
1

	
0

	
0

	  	
1992760.60

	
0.050000

	
10736.44

	
20110901

	
205

	
360

	
20110501

	
1

	
0

	
0

	  	
940387.54

	
0.049500

	
5044.13

	
20110901

	
206

	
360

	
20110601

	
1

	
0

	
0

	  	
553081.79

	
0.052500

	
3064.74

	
20110901

	
207

	
360

	
20110601

	
1

	
0

	
0

	  	
1409971.72

	
0.051000

	
7682.74

	
20110901

	
208

	
360

	
20110701

	
1

	
0

	
0

	  	
1646206.48

	
0.052500

	
9111.37

	
20110901

	
209

	
360

	
20110601

	
1

	
0

	
0

	  	
1283506.93

	
0.052000

	
7072.55

	
20110901

	
210

	
360

	
20110701

	
1

	
0

	
0

	  	
1197136.83

	
0.050500

	
6478.58

	
20110901

	
211

	
360

	
20110601

	
1

	
0

	
0

	  	
1096162.77

	
0.052000

	
6040.22

	
20110901

	
212

	
360

	
20110701

	
1

	
0

	
0

	  	
1011225.92

	
0.051500

	
5534.53

	
20110901

	
213

	
360

	
20110701

	
1

	
0

	
0

	  	
917865.06

	
0.052000

	
5051.83

	
20110901

	
214

	
360

	
20110701

	
1

	
0

	
0

	  	
586648.13

	
0.052500

	
3246.96

	
20110901

	
215

	
360

	
20110701

	
1

	
0

	
0

	  	
1720959.68

	
0.051500

	
9418.96

	
20110901

	
216

	
360

	
20110701

	
1

	
0

	
0

	  	
2393563.05

	
0.050000

	
13420.55

	
20110901

	
217

	
360

	
20110701

	
1

	
0

	
0

	  	
1097447.38

	
0.052000

	
6040.22

	
20110901

	
218

	
360

	
20110801

	
1

	
0

	
0

	  	
805066.83

	
0.052000

	
4425.84

	
20110901

	
219

	
360

	
20110801

	
1

	
0

	
0

	  	
594311.12

	
0.052000

	
3267.21

	
20110901

	
220

	
360

	
20110701

	
1

	
0

	
0

	  	
1095174.60

	
0.049000

	
6899.45

	
20110901

	
221

	
360

	
20110701

	
1

	
0

	
0

	  	
1097276.93

	
0.048500

	
5804.62

	
20110901

	
222

	
360

	
20110701

	
1

	
0

	
0

	  	
1695830.12

	
0.049000

	
9022.36

	
20110901

	
223

	
360

	
20110701

	
1

	
0

	
0

	  	
768162.80

	
0.050500

	
4157.09

	
20110901

	
224

	
360

	
20110801

	
1

	
0

	
0

	  	
998809.51

	
0.050500

	
5398.82

	
20110901

	
225

	
360

	
20110701

	
1

	
0

	
0

	  	
479953.20

	
0.051500

	
2626.83

	
20110901

	
226

	
360

	
20110701

	
1

	
0

	
0

	  	
773167.87

	
0.051000

	
4207.87

	
20110901

	
227

	
360

	
20110701

	
1

	
0

	
0

	  	
498817.99

	
0.051000

	
2714.75

	
20110901

	
228

	
360

	
20110701

	
1

	
0

	
0

	  	
2494089.97

	
0.051000

	
13573.75

	
20110901

	
229

	
360

	
20110701

	
1

	
0

	
0

	  	
1444513.05

	
0.050000

	
7773.18

	
20110901

	
230

	
360

	
20110801

	
1

	
0

	
0

	  	
1578066.18

	
0.049000

	
8385.49

	
20110901

	
231

	
360

	
20110801

	
1

	
0

	
0

	  	
998776.06

	
0.049000

	
5307.27

	
20110901

	
232

	
360

	
20110801

	
1

	
120

	
0

	  	
1462500.00

	
0.049000

	
5971.87

	
20110901

	
233

	
360

	
20110801

	
1

	
0

	
0

	  	
1003758.57

	
0.048500

	
5303.31

	
20110901

	
234

	
360

	
20110501

	
1

	
0

	
0

	  	
1094680.04

	
0.050000

	
5905.04

	
20110901

	
235

	
360

	
20110101

	
1

	
0

	
0

	  	
403674.13

	
0.052000

	
2240.38

	
20110901

	
236

	
360

	
20090501

	
1

	
0

	
0

	  	
336496.18

	
0.047500

	
1755.57

	
20110901

	
237

	
360

	
20101101

	
1

	
0

	
0

	  	
941758.21

	
0.048500

	
4843.00

	
20110901

	
238

	
360

	
20101101

	
1

	
0

	
0

	  	
1342210.35

	
0.044500

	
6583.15

	
20110901

	
239

	
360

	
20110301

	
1

	
0

	
0

	  	
1484075.81

	
0.048000

	
7855.82

	
20110901

	
240

	
360

	
20110101

	
1

	
0

	
0

	  	
719586.15

	
0.041000

	
3522.52

	
20110901

	
241

	
360

	
20110201

	
1

	
0

	
0

	  	
989230.13

	
0.044500

	
4830.82

	
20110901

	
242

	
360

	
20110301

	
1

	
0

	
0

	  	
1129730.20

	
0.053500

	
6351.96

	
20110901

	
243

	
360

	
20110601

	
1

	
0

	
0

	  	
847034.84

	
0.052000

	
4667.45

	
20110901

	
244

	
360

	
20110601

	
1

	
0

	
0

	  	
1544337.64

	
0.049500

	
8273.44

	
20110901

	
245

	
360

	
20110701

	
1

	
0

	
0

	  	
997547.13

	
0.049000

	
5307.27

	
20110901

	
246

	
360

	
20110801

	
1

	
0

	
0

	  	
1068737.93

	
0.051000

	
5809.57

	
20110901

	
247

	
360

	
20110801

	
1

	
0

	
0

	  	
998730.29

	
0.047000

	
5186.38

	
20110901

 

	
KEY

	
Current Payment

Status

	
Index Type

	
ARM Look-back

Days

	
Gross Margin

	
ARM Round Flag

	
ARM Round Factor

	
Initial Fixed Rate

Period

	
Initial Interest Rate

Cap (Change Up)

	
Initial Interest Rate

Cap (Change Down)

	
Subsequent Interest

Rate Reset Period

	
1

	
0

	
0

	  	  	  	  	  	  	  	  
	
2

	
0

	
0

	  	  	  	  	  	  	  	  
	
3

	
0

	
0

	  	  	  	  	  	  	  	  
	
4

	
0

	
0

	  	  	  	  	  	  	  	  
	
5

	
0

	
0

	  	  	  	  	  	  	  	  
	
6

	
0

	
0

	  	  	  	  	  	  	  	  
	
7

	
0

	
0

	  	  	  	  	  	  	  	  
	
8

	
0

	
0

	  	  	  	  	  	  	  	  
	
9

	
0

	
0

	  	  	  	  	  	  	  	  
	
10

	
0

	
0

	  	  	  	  	  	  	  	  
	
11

	
0

	
0

	  	  	  	  	  	  	  	  
	
12

	
0

	
0

	  	  	  	  	  	  	  	  
	
13

	
0

	
0

	  	  	  	  	  	  	  	  
	
14

	
0

	
0

	  	  	  	  	  	  	  	  
	
15

	
0

	
0

	  	  	  	  	  	  	  	  
	
16

	
0

	
0

	  	  	  	  	  	  	  	  
	
17

	
0

	
0

	  	  	  	  	  	  	  	  
	
18

	
0

	
0

	  	  	  	  	  	  	  	  
	
19

	
0

	
0

	  	  	  	  	  	  	  	  
	
20

	
0

	
0

	  	  	  	  	  	  	  	  
	
21

	
0

	
0

	  	  	  	  	  	  	  	  
	
22

	
0

	
0

	  	  	  	  	  	  	  	  
	
23

	
0

	
0

	  	  	  	  	  	  	  	  
	
24

	
0

	
0

	  	  	  	  	  	  	  	  
	
25

	
0

	
0

	  	  	  	  	  	  	  	  
	
26

	
0

	
0

	  	  	  	  	  	  	  	  
	
27

	
0

	
0

	  	  	  	  	  	  	  	  
	
28

	
0

	
0

	  	  	  	  	  	  	  	  
	
29

	
0

	
0

	  	  	  	  	  	  	  	  
	
30

	
0

	
0

	  	  	  	  	  	  	  	  
	
31

	
0

	
0

	  	  	  	  	  	  	  	  
	
32

	
0

	
0

	  	  	  	  	  	  	  	  
	
33

	
0

	
0

	  	  	  	  	  	  	  	  
	
34

	
0

	
0

	  	  	  	  	  	  	  	  
	
35

	
0

	
0

	  	  	  	  	  	  	  	  
	
36

	
0

	
0

	  	  	  	  	  	  	  	  
	
37

	
0

	
0

	  	  	  	  	  	  	  	  
	
38

	
0

	
0

	  	  	  	  	  	  	  	  
	
39

	
0

	
0

	  	  	  	  	  	  	  	  
	
40

	
0

	
0

	  	  	  	  	  	  	  	  
	
41

	
0

	
0

	  	  	  	  	  	  	  	  
	
42

	
0

	
0

	  	  	  	  	  	  	  	  
	
43

	
0

	
0

	  	  	  	  	  	  	  	  
	
44

	
0

	
0

	  	  	  	  	  	  	  	  
	
45

	
0

	
0

	  	  	  	  	  	  	  	  
	
46

	
0

	
0

	  	  	  	  	  	  	  	  
	
47

	
0

	
0

	  	  	  	  	  	  	  	  
	
48

	
0

	
0

	  	  	  	  	  	  	  	  
	
49

	
0

	
0

	  	  	  	  	  	  	  	  
	
50

	
0

	
0

	  	  	  	  	  	  	  	  
	
51

	
0

	
0

	  	  	  	  	  	  	  	  
	
52

	
0

	
0

	  	  	  	  	  	  	  	  
	
53

	
0

	
0

	  	  	  	  	  	  	  	  
	
54

	
0

	
0

	  	  	  	  	  	  	  	  
	
55

	
0

	
0

	  	  	  	  	  	  	  	  
	
56

	
0

	
0

	  	  	  	  	  	  	  	  
	
57

	
0

	
0

	  	  	  	  	  	  	  	  
	
58

	
0

	
0

	  	  	  	  	  	  	  	  
	
59

	
0

	
0

	  	  	  	  	  	  	  	  
	
60

	
0

	
0

	  	  	  	  	  	  	  	  
	
61

	
0

	
0

	  	  	  	  	  	  	  	  
	
62

	
0

	
0

	  	  	  	  	  	  	  	  
	
63

	
0

	
0

	  	  	  	  	  	  	  	  
	
64

	
0

	
0

	  	  	  	  	  	  	  	  
	
65

	
0

	
0

	  	  	  	  	  	  	  	  
	
66

	
0

	
0

	  	  	  	  	  	  	  	  
	
67

	
0

	
0

	  	  	  	  	  	  	  	  
	
68

	
0

	
0

	  	  	  	  	  	  	  	  
	
69

	
0

	
0

	  	  	  	  	  	  	  	  
	
70

	
0

	
0

	  	  	  	  	  	  	  	  
	
71

	
0

	
0

	  	  	  	  	  	  	  	  
	
72

	
0

	
0

	  	  	  	  	  	  	  	  
	
73

	
0

	
0

	  	  	  	  	  	  	  	  
	
74

	
0

	
0

	  	  	  	  	  	  	  	  
	
75

	
0

	
0

	  	  	  	  	  	  	  	  
	
76

	
0

	
0

	  	  	  	  	  	  	  	  
	
77

	
0

	
0

	  	  	  	  	  	  	  	  
	
78

	
0

	
0

	  	  	  	  	  	  	  	  
	
79

	
0

	
0

	  	  	  	  	  	  	  	  
	
80

	
0

	
0

	  	  	  	  	  	  	  	  
	
81

	
0

	
0

	  	  	  	  	  	  	  	  
	
82

	
0

	
0

	  	  	  	  	  	  	  	  
	
83

	
0

	
0

	  	  	  	  	  	  	  	  
	
84

	
0

	
0

	  	  	  	  	  	  	  	  
	
85

	
0

	
0

	  	  	  	  	  	  	  	  
	
86

	
0

	
0

	  	  	  	  	  	  	  	  
	
87

	
0

	
0

	  	  	  	  	  	  	  	  
	
88

	
0

	
0

	  	  	  	  	  	  	  	  
	
89

	
0

	
0

	  	  	  	  	  	  	  	  
	
90

	
0

	
0

	  	  	  	  	  	  	  	  
	
91

	
0

	
0

	  	  	  	  	  	  	  	  
	
92

	
0

	
0

	  	  	  	  	  	  	  	  
	
93

	
0

	
0

	  	  	  	  	  	  	  	  
	
94

	
0

	
0

	  	  	  	  	  	  	  	  
	
95

	
0

	
0

	  	  	  	  	  	  	  	  
	
96

	
0

	
0

	  	  	  	  	  	  	  	  
	
97

	
0

	
0

	  	  	  	  	  	  	  	  
	
98

	
0

	
0

	  	  	  	  	  	  	  	  
	
99

	
0

	
0

	  	  	  	  	  	  	  	  
	
100

	
0

	
0

	  	  	  	  	  	  	  	  
	
101

	
0

	
0

	  	  	  	  	  	  	  	  
	
102

	
0

	
0

	  	  	  	  	  	  	  	  
	
103

	
0

	
0

	  	  	  	  	  	  	  	  
	
104

	
0

	
0

	  	  	  	  	  	  	  	  
	
105

	
0

	
0

	  	  	  	  	  	  	  	  
	
106

	
0

	
0

	  	  	  	  	  	  	  	  
	
107

	
0

	
0

	  	  	  	  	  	  	  	  
	
108

	
0

	
0

	  	  	  	  	  	  	  	  
	
109

	
0

	
0

	  	  	  	  	  	  	  	  
	
110

	
0

	
0

	  	  	  	  	  	  	  	  
	
111

	
0

	
0

	  	  	  	  	  	  	  	  
	
112

	
0

	
0

	  	  	  	  	  	  	  	  
	
113

	
0

	
0

	  	  	  	  	  	  	  	  
	
114

	
0

	
0

	  	  	  	  	  	  	  	  
	
115

	
0

	
0

	  	  	  	  	  	  	  	  
	
116

	
0

	
0

	  	  	  	  	  	  	  	  
	
117

	
0

	
0

	  	  	  	  	  	  	  	  
	
118

	
0

	
0

	  	  	  	  	  	  	  	  
	
119

	
0

	
0

	  	  	  	  	  	  	  	  
	
120

	
0

	
0

	  	  	  	  	  	  	  	  
	
121

	
0

	
0

	  	  	  	  	  	  	  	  
	
122

	
0

	
0

	  	  	  	  	  	  	  	  
	
123

	
0

	
0

	  	  	  	  	  	  	  	  
	
124

	
0

	
0

	  	  	  	  	  	  	  	  
	
125

	
0

	
0

	  	  	  	  	  	  	  	  
	
126

	
0

	
0

	  	  	  	  	  	  	  	  
	
127

	
0

	
0

	  	  	  	  	  	  	  	  
	
128

	
0

	
0

	  	  	  	  	  	  	  	  
	
129

	
0

	
0

	  	  	  	  	  	  	  	  
	
130

	
0

	
0

	  	  	  	  	  	  	  	  
	
131

	
0

	
0

	  	  	  	  	  	  	  	  
	
132

	
0

	
0

	  	  	  	  	  	  	  	  
	
133

	
0

	
0

	  	  	  	  	  	  	  	  
	
134

	
0

	
0

	  	  	  	  	  	  	  	  
	
135

	
0

	
0

	  	  	  	  	  	  	  	  
	
136

	
0

	
0

	  	  	  	  	  	  	  	  
	
137

	
0

	
0

	  	  	  	  	  	  	  	  
	
138

	
0

	
0

	  	  	  	  	  	  	  	  
	
139

	
0

	
0

	  	  	  	  	  	  	  	  
	
140

	
0

	
0

	  	  	  	  	  	  	  	  
	
141

	
0

	
0

	  	  	  	  	  	  	  	  
	
142

	
0

	
0

	  	  	  	  	  	  	  	  
	
143

	
0

	
0

	  	  	  	  	  	  	  	  
	
144

	
0

	
0

	  	  	  	  	  	  	  	  
	
145

	
0

	
0

	  	  	  	  	  	  	  	  
	
146

	
0

	
0

	  	  	  	  	  	  	  	  
	
147

	
0

	
0

	  	  	  	  	  	  	  	  
	
148

	
0

	
0

	  	  	  	  	  	  	  	  
	
149

	
0

	
0

	  	  	  	  	  	  	  	  
	
150

	
0

	
0

	  	  	  	  	  	  	  	  
	
151

	
0

	
0

	  	  	  	  	  	  	  	  
	
152

	
0

	
0

	  	  	  	  	  	  	  	  
	
153

	
0

	
0

	  	  	  	  	  	  	  	  
	
154

	
0

	
0

	  	  	  	  	  	  	  	  
	
155

	
0

	
0

	  	  	  	  	  	  	  	  
	
156

	
0

	
0

	  	  	  	  	  	  	  	  
	
157

	
0

	
0

	  	  	  	  	  	  	  	  
	
158

	
0

	
0

	  	  	  	  	  	  	  	  
	
159

	
0

	
0

	  	  	  	  	  	  	  	  
	
160

	
0

	
0

	  	  	  	  	  	  	  	  
	
161

	
0

	
0

	  	  	  	  	  	  	  	  
	
162

	
0

	
0

	  	  	  	  	  	  	  	  
	
163

	
0

	
0

	  	  	  	  	  	  	  	  
	
164

	
0

	
0

	  	  	  	  	  	  	  	  
	
165

	
0

	
0

	  	  	  	  	  	  	  	  
	
166

	
0

	
0

	  	  	  	  	  	  	  	  
	
167

	
0

	
0

	  	  	  	  	  	  	  	  
	
168

	
0

	
0

	  	  	  	  	  	  	  	  
	
169

	
0

	
0

	  	  	  	  	  	  	  	  
	
170

	
0

	
0

	  	  	  	  	  	  	  	  
	
171

	
0

	
0

	  	  	  	  	  	  	  	  
	
172

	
0

	
0

	  	  	  	  	  	  	  	  
	
173

	
0

	
0

	  	  	  	  	  	  	  	  
	
174

	
0

	
0

	  	  	  	  	  	  	  	  
	
175

	
0

	
0

	  	  	  	  	  	  	  	  
	
176

	
0

	
0

	  	  	  	  	  	  	  	  
	
177

	
0

	
0

	  	  	  	  	  	  	  	  
	
178

	
0

	
0

	  	  	  	  	  	  	  	  
	
179

	
0

	
0

	  	  	  	  	  	  	  	  
	
180

	
0

	
0

	  	  	  	  	  	  	  	  
	
181

	
0

	
0

	  	  	  	  	  	  	  	  
	
182

	
0

	
0

	  	  	  	  	  	  	  	  
	
183

	
0

	
0

	  	  	  	  	  	  	  	  
	
184

	
0

	
0

	  	  	  	  	  	  	  	  
	
185

	
0

	
0

	  	  	  	  	  	  	  	  
	
186

	
0

	
0

	  	  	  	  	  	  	  	  
	
187

	
0

	
0

	  	  	  	  	  	  	  	  
	
188

	
0

	
0

	  	  	  	  	  	  	  	  
	
189

	
0

	
0

	  	  	  	  	  	  	  	  
	
190

	
0

	
0

	  	  	  	  	  	  	  	  
	
191

	
0

	
0

	  	  	  	  	  	  	  	  
	
192

	
0

	
0

	  	  	  	  	  	  	  	  
	
193

	
0

	
0

	  	  	  	  	  	  	  	  
	
194

	
0

	
0

	  	  	  	  	  	  	  	  
	
195

	
0

	
0

	  	  	  	  	  	  	  	  
	
196

	
0

	
0

	  	  	  	  	  	  	  	  
	
197

	
0

	
0

	  	  	  	  	  	  	  	  
	
198

	
0

	
0

	  	  	  	  	  	  	  	  
	
199

	
0

	
0

	  	  	  	  	  	  	  	  
	
200

	
0

	
0

	  	  	  	  	  	  	  	  
	
201

	
0

	
0

	  	  	  	  	  	  	  	  
	
202

	
0

	
0

	  	  	  	  	  	  	  	  
	
203

	
0

	
0

	  	  	  	  	  	  	  	  
	
204

	
0

	
0

	  	  	  	  	  	  	  	  
	
205

	
0

	
0

	  	  	  	  	  	  	  	  
	
206

	
0

	
0

	  	  	  	  	  	  	  	  
	
207

	
0

	
0

	  	  	  	  	  	  	  	  
	
208

	
0

	
0

	  	  	  	  	  	  	  	  
	
209

	
0

	
0

	  	  	  	  	  	  	  	  
	
210

	
0

	
0

	  	  	  	  	  	  	  	  
	
211

	
0

	
0

	  	  	  	  	  	  	  	  
	
212

	
0

	
0

	  	  	  	  	  	  	  	  
	
213

	
0

	
0

	  	  	  	  	  	  	  	  
	
214

	
0

	
0

	  	  	  	  	  	  	  	  
	
215

	
0

	
0

	  	  	  	  	  	  	  	  
	
216

	
0

	
0

	  	  	  	  	  	  	  	  
	
217

	
0

	
0

	  	  	  	  	  	  	  	  
	
218

	
0

	
0

	  	  	  	  	  	  	  	  
	
219

	
0

	
0

	  	  	  	  	  	  	  	  
	
220

	
0

	
0

	  	  	  	  	  	  	  	  
	
221

	
0

	
0

	  	  	  	  	  	  	  	  
	
222

	
0

	
0

	  	  	  	  	  	  	  	  
	
223

	
0

	
0

	  	  	  	  	  	  	  	  
	
224

	
0

	
0

	  	  	  	  	  	  	  	  
	
225

	
0

	
0

	  	  	  	  	  	  	  	  
	
226

	
0

	
0

	  	  	  	  	  	  	  	  
	
227

	
0

	
0

	  	  	  	  	  	  	  	  
	
228

	
0

	
0

	  	  	  	  	  	  	  	  
	
229

	
0

	
0

	  	  	  	  	  	  	  	  
	
230

	
0

	
0

	  	  	  	  	  	  	  	  
	
231

	
0

	
0

	  	  	  	  	  	  	  	  
	
232

	
0

	
0

	  	  	  	  	  	  	  	  
	
233

	
0

	
0

	  	  	  	  	  	  	  	  
	
234

	
0

	
0

	  	  	  	  	  	  	  	  
	
235

	
0

	
0

	  	  	  	  	  	  	  	  
	
236

	
0

	
0

	  	  	  	  	  	  	  	  
	
237

	
0

	
0

	  	  	  	  	  	  	  	  
	
238

	
0

	
0

	  	  	  	  	  	  	  	  
	
239

	
0

	
0

	  	  	  	  	  	  	  	  
	
240

	
0

	
0

	  	  	  	  	  	  	  	  
	
241

	
0

	
0

	  	  	  	  	  	  	  	  
	
242

	
0

	
0

	  	  	  	  	  	  	  	  
	
243

	
0

	
0

	  	  	  	  	  	  	  	  
	
244

	
0

	
0

	  	  	  	  	  	  	  	  
	
245

	
0

	
0

	  	  	  	  	  	  	  	  
	
246

	
0

	
0

	  	  	  	  	  	  	  	  
	
247

	
0

	
0

	  	  	  	  	  	  	  	  

 

	
KEY

	
Subsequent Interest

Rate Cap (Change Down)

	
Subsequent Interest

Rate Cap (Change

Up)

	
Lifetime Maximum

Rate (Ceiling)

	
Lifetime Minimum

Rate (Floor)

	
Negative

Amortization Limit

	
Initial Negative

Amortization Recast

Period

	
Subsequent

Negative

Amortization Recast

Period

	
Initial Fixed

Payment Period

	
Subsequent

Payment Reset

Period

	
Initial Periodic

Payment Cap

	
1

	  	  	  	  	  	  	  	  	  	  
	
2

	  	  	  	  	  	  	  	  	  	  
	
3

	  	  	  	  	  	  	  	  	  	  
	
4

	  	  	  	  	  	  	  	  	  	  
	
5

	  	  	  	  	  	  	  	  	  	  
	
6

	  	  	  	  	  	  	  	  	  	  
	
7

	  	  	  	  	  	  	  	  	  	  
	
8

	  	  	  	  	  	  	  	  	  	  
	
9

	  	  	  	  	  	  	  	  	  	  
	
10

	  	  	  	  	  	  	  	  	  	  
	
11

	  	  	  	  	  	  	  	  	  	  
	
12

	  	  	  	  	  	  	  	  	  	  
	
13

	  	  	  	  	  	  	  	  	  	  
	
14

	  	  	  	  	  	  	  	  	  	  
	
15

	  	  	  	  	  	  	  	  	  	  
	
16

	  	  	  	  	  	  	  	  	  	  
	
17

	  	  	  	  	  	  	  	  	  	  
	
18

	  	  	  	  	  	  	  	  	  	  
	
19

	  	  	  	  	  	  	  	  	  	  
	
20

	  	  	  	  	  	  	  	  	  	  
	
21

	  	  	  	  	  	  	  	  	  	  
	
22

	  	  	  	  	  	  	  	  	  	  
	
23

	  	  	  	  	  	  	  	  	  	  
	
24

	  	  	  	  	  	  	  	  	  	  
	
25

	  	  	  	  	  	  	  	  	  	  
	
26

	  	  	  	  	  	  	  	  	  	  
	
27

	  	  	  	  	  	  	  	  	  	  
	
28

	  	  	  	  	  	  	  	  	  	  
	
29

	  	  	  	  	  	  	  	  	  	  
	
30

	  	  	  	  	  	  	  	  	  	  
	
31

	  	  	  	  	  	  	  	  	  	  
	
32

	  	  	  	  	  	  	  	  	  	  
	
33

	  	  	  	  	  	  	  	  	  	  
	
34

	  	  	  	  	  	  	  	  	  	  
	
35

	  	  	  	  	  	  	  	  	  	  
	
36

	  	  	  	  	  	  	  	  	  	  
	
37

	  	  	  	  	  	  	  	  	  	  
	
38

	  	  	  	  	  	  	  	  	  	  
	
39

	  	  	  	  	  	  	  	  	  	  
	
40

	  	  	  	  	  	  	  	  	  	  
	
41

	  	  	  	  	  	  	  	  	  	  
	
42

	  	  	  	  	  	  	  	  	  	  
	
43

	  	  	  	  	  	  	  	  	  	  
	
44

	  	  	  	  	  	  	  	  	  	  
	
45

	  	  	  	  	  	  	  	  	  	  
	
46

	  	  	  	  	  	  	  	  	  	  
	
47

	  	  	  	  	  	  	  	  	  	  
	
48

	  	  	  	  	  	  	  	  	  	  
	
49

	  	  	  	  	  	  	  	  	  	  
	
50

	  	  	  	  	  	  	  	  	  	  
	
51

	  	  	  	  	  	  	  	  	  	  
	
52

	  	  	  	  	  	  	  	  	  	  
	
53

	  	  	  	  	  	  	  	  	  	  
	
54

	  	  	  	  	  	  	  	  	  	  
	
55

	  	  	  	  	  	  	  	  	  	  
	
56

	  	  	  	  	  	  	  	  	  	  
	
57

	  	  	  	  	  	  	  	  	  	  
	
58

	  	  	  	  	  	  	  	  	  	  
	
59

	  	  	  	  	  	  	  	  	  	  
	
60

	  	  	  	  	  	  	  	  	  	  
	
61

	  	  	  	  	  	  	  	  	  	  
	
62

	  	  	  	  	  	  	  	  	  	  
	
63

	  	  	  	  	  	  	  	  	  	  
	
64

	  	  	  	  	  	  	  	  	  	  
	
65

	  	  	  	  	  	  	  	  	  	  
	
66

	  	  	  	  	  	  	  	  	  	  
	
67

	  	  	  	  	  	  	  	  	  	  
	
68

	  	  	  	  	  	  	  	  	  	  
	
69

	  	  	  	  	  	  	  	  	  	  
	
70

	  	  	  	  	  	  	  	  	  	  
	
71

	  	  	  	  	  	  	  	  	  	  
	
72

	  	  	  	  	  	  	  	  	  	  
	
73

	  	  	  	  	  	  	  	  	  	  
	
74

	  	  	  	  	  	  	  	  	  	  
	
75

	  	  	  	  	  	  	  	  	  	  
	
76

	  	  	  	  	  	  	  	  	  	  
	
77

	  	  	  	  	  	  	  	  	  	  
	
78

	  	  	  	  	  	  	  	  	  	  
	
79

	  	  	  	  	  	  	  	  	  	  
	
80

	  	  	  	  	  	  	  	  	  	  
	
81

	  	  	  	  	  	  	  	  	  	  
	
82

	  	  	  	  	  	  	  	  	  	  
	
83

	  	  	  	  	  	  	  	  	  	  
	
84

	  	  	  	  	  	  	  	  	  	  
	
85

	  	  	  	  	  	  	  	  	  	  
	
86

	  	  	  	  	  	  	  	  	  	  
	
87

	  	  	  	  	  	  	  	  	  	  
	
88

	  	  	  	  	  	  	  	  	  	  
	
89

	  	  	  	  	  	  	  	  	  	  
	
90

	  	  	  	  	  	  	  	  	  	  
	
91

	  	  	  	  	  	  	  	  	  	  
	
92

	  	  	  	  	  	  	  	  	  	  
	
93

	  	  	  	  	  	  	  	  	  	  
	
94

	  	  	  	  	  	  	  	  	  	  
	
95

	  	  	  	  	  	  	  	  	  	  
	
96

	  	  	  	  	  	  	  	  	  	  
	
97

	  	  	  	  	  	  	  	  	  	  
	
98

	  	  	  	  	  	  	  	  	  	  
	
99

	  	  	  	  	  	  	  	  	  	  
	
100

	  	  	  	  	  	  	  	  	  	  
	
101

	  	  	  	  	  	  	  	  	  	  
	
102

	  	  	  	  	  	  	  	  	  	  
	
103

	  	  	  	  	  	  	  	  	  	  
	
104

	  	  	  	  	  	  	  	  	  	  
	
105

	  	  	  	  	  	  	  	  	  	  
	
106

	  	  	  	  	  	  	  	  	  	  
	
107

	  	  	  	  	  	  	  	  	  	  
	
108

	  	  	  	  	  	  	  	  	  	  
	
109

	  	  	  	  	  	  	  	  	  	  
	
110

	  	  	  	  	  	  	  	  	  	  
	
111

	  	  	  	  	  	  	  	  	  	  
	
112

	  	  	  	  	  	  	  	  	  	  
	
113

	  	  	  	  	  	  	  	  	  	  
	
114

	  	  	  	  	  	  	  	  	  	  
	
115

	  	  	  	  	  	  	  	  	  	  
	
116

	  	  	  	  	  	  	  	  	  	  
	
117

	  	  	  	  	  	  	  	  	  	  
	
118

	  	  	  	  	  	  	  	  	  	  
	
119

	  	  	  	  	  	  	  	  	  	  
	
120

	  	  	  	  	  	  	  	  	  	  
	
121

	  	  	  	  	  	  	  	  	  	  
	
122

	  	  	  	  	  	  	  	  	  	  
	
123

	  	  	  	  	  	  	  	  	  	  
	
124

	  	  	  	  	  	  	  	  	  	  
	
125

	  	  	  	  	  	  	  	  	  	  
	
126

	  	  	  	  	  	  	  	  	  	  
	
127

	  	  	  	  	  	  	  	  	  	  
	
128

	  	  	  	  	  	  	  	  	  	  
	
129

	  	  	  	  	  	  	  	  	  	  
	
130

	  	  	  	  	  	  	  	  	  	  
	
131

	  	  	  	  	  	  	  	  	  	  
	
132

	  	  	  	  	  	  	  	  	  	  
	
133

	  	  	  	  	  	  	  	  	  	  
	
134

	  	  	  	  	  	  	  	  	  	  
	
135

	  	  	  	  	  	  	  	  	  	  
	
136

	  	  	  	  	  	  	  	  	  	  
	
137

	  	  	  	  	  	  	  	  	  	  
	
138

	  	  	  	  	  	  	  	  	  	  
	
139

	  	  	  	  	  	  	  	  	  	  
	
140

	  	  	  	  	  	  	  	  	  	  
	
141

	  	  	  	  	  	  	  	  	  	  
	
142

	  	  	  	  	  	  	  	  	  	  
	
143

	  	  	  	  	  	  	  	  	  	  
	
144

	  	  	  	  	  	  	  	  	  	  
	
145

	  	  	  	  	  	  	  	  	  	  
	
146

	  	  	  	  	  	  	  	  	  	  
	
147

	  	  	  	  	  	  	  	  	  	  
	
148

	  	  	  	  	  	  	  	  	  	  
	
149

	  	  	  	  	  	  	  	  	  	  
	
150

	  	  	  	  	  	  	  	  	  	  
	
151

	  	  	  	  	  	  	  	  	  	  
	
152

	  	  	  	  	  	  	  	  	  	  
	
153

	  	  	  	  	  	  	  	  	  	  
	
154

	  	  	  	  	  	  	  	  	  	  
	
155

	  	  	  	  	  	  	  	  	  	  
	
156

	  	  	  	  	  	  	  	  	  	  
	
157

	  	  	  	  	  	  	  	  	  	  
	
158

	  	  	  	  	  	  	  	  	  	  
	
159

	  	  	  	  	  	  	  	  	  	  
	
160

	  	  	  	  	  	  	  	  	  	  
	
161

	  	  	  	  	  	  	  	  	  	  
	
162

	  	  	  	  	  	  	  	  	  	  
	
163

	  	  	  	  	  	  	  	  	  	  
	
164

	  	  	  	  	  	  	  	  	  	  
	
165

	  	  	  	  	  	  	  	  	  	  
	
166

	  	  	  	  	  	  	  	  	  	  
	
167

	  	  	  	  	  	  	  	  	  	  
	
168

	  	  	  	  	  	  	  	  	  	  
	
169

	  	  	  	  	  	  	  	  	  	  
	
170

	  	  	  	  	  	  	  	  	  	  
	
171

	  	  	  	  	  	  	  	  	  	  
	
172

	  	  	  	  	  	  	  	  	  	  
	
173

	  	  	  	  	  	  	  	  	  	  
	
174

	  	  	  	  	  	  	  	  	  	  
	
175

	  	  	  	  	  	  	  	  	  	  
	
176

	  	  	  	  	  	  	  	  	  	  
	
177

	  	  	  	  	  	  	  	  	  	  
	
178

	  	  	  	  	  	  	  	  	  	  
	
179

	  	  	  	  	  	  	  	  	  	  
	
180

	  	  	  	  	  	  	  	  	  	  
	
181

	  	  	  	  	  	  	  	  	  	  
	
182

	  	  	  	  	  	  	  	  	  	  
	
183

	  	  	  	  	  	  	  	  	  	  
	
184

	  	  	  	  	  	  	  	  	  	  
	
185

	  	  	  	  	  	  	  	  	  	  
	
186

	  	  	  	  	  	  	  	  	  	  
	
187

	  	  	  	  	  	  	  	  	  	  
	
188

	  	  	  	  	  	  	  	  	  	  
	
189

	  	  	  	  	  	  	  	  	  	  
	
190

	  	  	  	  	  	  	  	  	  	  
	
191

	  	  	  	  	  	  	  	  	  	  
	
192

	  	  	  	  	  	  	  	  	  	  
	
193

	  	  	  	  	  	  	  	  	  	  
	
194

	  	  	  	  	  	  	  	  	  	  
	
195

	  	  	  	  	  	  	  	  	  	  
	
196

	  	  	  	  	  	  	  	  	  	  
	
197

	  	  	  	  	  	  	  	  	  	  
	
198

	  	  	  	  	  	  	  	  	  	  
	
199

	  	  	  	  	  	  	  	  	  	  
	
200

	  	  	  	  	  	  	  	  	  	  
	
201

	  	  	  	  	  	  	  	  	  	  
	
202

	  	  	  	  	  	  	  	  	  	  
	
203

	  	  	  	  	  	  	  	  	  	  
	
204

	  	  	  	  	  	  	  	  	  	  
	
205

	  	  	  	  	  	  	  	  	  	  
	
206

	  	  	  	  	  	  	  	  	  	  
	
207

	  	  	  	  	  	  	  	  	  	  
	
208

	  	  	  	  	  	  	  	  	  	  
	
209

	  	  	  	  	  	  	  	  	  	  
	
210

	  	  	  	  	  	  	  	  	  	  
	
211

	  	  	  	  	  	  	  	  	  	  
	
212

	  	  	  	  	  	  	  	  	  	  
	
213

	  	  	  	  	  	  	  	  	  	  
	
214

	  	  	  	  	  	  	  	  	  	  
	
215

	  	  	  	  	  	  	  	  	  	  
	
216

	  	  	  	  	  	  	  	  	  	  
	
217

	  	  	  	  	  	  	  	  	  	  
	
218

	  	  	  	  	  	  	  	  	  	  
	
219

	  	  	  	  	  	  	  	  	  	  
	
220

	  	  	  	  	  	  	  	  	  	  
	
221

	  	  	  	  	  	  	  	  	  	  
	
222

	  	  	  	  	  	  	  	  	  	  
	
223

	  	  	  	  	  	  	  	  	  	  
	
224

	  	  	  	  	  	  	  	  	  	  
	
225

	  	  	  	  	  	  	  	  	  	  
	
226

	  	  	  	  	  	  	  	  	  	  
	
227

	  	  	  	  	  	  	  	  	  	  
	
228

	  	  	  	  	  	  	  	  	  	  
	
229

	  	  	  	  	  	  	  	  	  	  
	
230

	  	  	  	  	  	  	  	  	  	  
	
231

	  	  	  	  	  	  	  	  	  	  
	
232

	  	  	  	  	  	  	  	  	  	  
	
233

	  	  	  	  	  	  	  	  	  	  
	
234

	  	  	  	  	  	  	  	  	  	  
	
235

	  	  	  	  	  	  	  	  	  	  
	
236

	  	  	  	  	  	  	  	  	  	  
	
237

	  	  	  	  	  	  	  	  	  	  
	
238

	  	  	  	  	  	  	  	  	  	  
	
239

	  	  	  	  	  	  	  	  	  	  
	
240

	  	  	  	  	  	  	  	  	  	  
	
241

	  	  	  	  	  	  	  	  	  	  
	
242

	  	  	  	  	  	  	  	  	  	  
	
243

	  	  	  	  	  	  	  	  	  	  
	
244

	  	  	  	  	  	  	  	  	  	  
	
245

	  	  	  	  	  	  	  	  	  	  
	
246

	  	  	  	  	  	  	  	  	  	  
	
247

	  	  	  	  	  	  	  	  	  	  

 

	
KEY

	
Subsequent

Periodic Payment

Cap

	
Initial Minimum

Payment Reset

Period

	
Subsequent

Minimum Payment

Reset Period

	
Option ARM

Indicator

	
Options at Recast

	
Initial Minimum

Payment

	
Current Minimum

Payment

	
Prepayment Penalty

Calculation

	
Prepayment Penalty

Type

	
Prepayment Penalty

Total Term

	
1

	  	  	  	
0

	  	  	  	  	  	
0

	
2

	  	  	  	
0

	  	  	  	  	  	
0

	
3

	  	  	  	
0

	  	  	  	  	  	
0

	
4

	  	  	  	
0

	  	  	  	  	  	
0

	
5

	  	  	  	
0

	  	  	  	  	  	
0

	
6

	  	  	  	
0

	  	  	  	  	  	
0

	
7

	  	  	  	
0

	  	  	  	  	  	
0

	
8

	  	  	  	
0

	  	  	  	  	  	
0

	
9

	  	  	  	
0

	  	  	  	  	  	
0

	
10

	  	  	  	
0

	  	  	  	  	  	
0

	
11

	  	  	  	
0

	  	  	  	  	  	
0

	
12

	  	  	  	
0

	  	  	  	  	  	
0

	
13

	  	  	  	
0

	  	  	  	  	  	
0

	
14

	  	  	  	
0

	  	  	  	  	  	
0

	
15

	  	  	  	
0

	  	  	  	  	  	
0

	
16

	  	  	  	
0

	  	  	  	  	  	
0

	
17

	  	  	  	
0

	  	  	  	  	  	
0

	
18

	  	  	  	
0

	  	  	  	  	  	
0

	
19

	  	  	  	
0

	  	  	  	  	  	
0

	
20

	  	  	  	
0

	  	  	  	  	  	
0

	
21

	  	  	  	
0

	  	  	  	  	  	
0

	
22

	  	  	  	
0

	  	  	  	  	  	
0

	
23

	  	  	  	
0

	  	  	  	  	  	
0

	
24

	  	  	  	
0

	  	  	  	  	  	
0

	
25

	  	  	  	
0

	  	  	  	  	  	
0

	
26

	  	  	  	
0

	  	  	  	  	  	
0

	
27

	  	  	  	
0

	  	  	  	  	  	
0

	
28

	  	  	  	
0

	  	  	  	  	  	
0

	
29

	  	  	  	
0

	  	  	  	  	  	
0

	
30

	  	  	  	
0

	  	  	  	  	  	
0

	
31

	  	  	  	
0

	  	  	  	  	  	
0

	
32

	  	  	  	
0

	  	  	  	  	  	
0

	
33

	  	  	  	
0

	  	  	  	  	  	
0

	
34

	  	  	  	
0

	  	  	  	  	  	
0

	
35

	  	  	  	
0

	  	  	  	  	  	
0

	
36

	  	  	  	
0

	  	  	  	  	  	
0

	
37

	  	  	  	
0

	  	  	  	  	  	
0

	
38

	  	  	  	
0

	  	  	  	  	  	
0

	
39

	  	  	  	
0

	  	  	  	  	  	
0

	
40

	  	  	  	
0

	  	  	  	  	  	
0

	
41

	  	  	  	
0

	  	  	  	  	  	
0

	
42

	  	  	  	
0

	  	  	  	  	  	
0

	
43

	  	  	  	
0

	  	  	  	  	  	
0

	
44

	  	  	  	
0

	  	  	  	  	  	
0

	
45

	  	  	  	
0

	  	  	  	  	  	
0

	
46

	  	  	  	
0

	  	  	  	  	  	
0

	
47

	  	  	  	
0

	  	  	  	  	  	
0

	
48

	  	  	  	
0

	  	  	  	  	  	
0

	
49

	  	  	  	
0

	  	  	  	  	  	
0

	
50

	  	  	  	
0

	  	  	  	  	  	
0

	
51

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
52

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
53

	  	  	  	
0

	  	  	  	  	  	
0

	
54

	  	  	  	
0

	  	  	  	
20

	
1

	
36

	
55

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
56

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
57

	  	  	  	
0

	  	  	  	  	  	
0

	
58

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
59

	  	  	  	
0

	  	  	  	  	  	
0

	
60

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
61

	  	  	  	
0

	  	  	  	  	  	
0

	
62

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
63

	  	  	  	
0

	  	  	  	  	  	
0

	
64

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
65

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
66

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
67

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
68

	  	  	  	
0

	  	  	  	  	  	
0

	
69

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
70

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
71

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
72

	  	  	  	
0

	  	  	  	  	  	
0

	
73

	  	  	  	
0

	  	  	  	  	  	
0

	
74

	  	  	  	
0

	  	  	  	
20

	
1

	
36

	
75

	  	  	  	
0

	  	  	  	  	  	
0

	
76

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
77

	  	  	  	
0

	  	  	  	  	  	
0

	
78

	  	  	  	
0

	  	  	  	  	  	
0

	
79

	  	  	  	
0

	  	  	  	  	  	
0

	
80

	  	  	  	
0

	  	  	  	  	  	
0

	
81

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
82

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
83

	  	  	  	
0

	  	  	  	  	  	
0

	
84

	  	  	  	
0

	  	  	  	  	  	
0

	
85

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
86

	  	  	  	
0

	  	  	  	  	  	
0

	
87

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
88

	  	  	  	
0

	  	  	  	  	  	
0

	
89

	  	  	  	
0

	  	  	  	  	  	
0

	
90

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
91

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
92

	  	  	  	
0

	  	  	  	  	  	
0

	
93

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
94

	  	  	  	
0

	  	  	  	  	  	
0

	
95

	  	  	  	
0

	  	  	  	  	  	
0

	
96

	  	  	  	
0

	  	  	  	  	  	
0

	
97

	  	  	  	
0

	  	  	  	  	  	
0

	
98

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
99

	  	  	  	
0

	  	  	  	  	  	
0

	
100

	  	  	  	
0

	  	  	  	  	  	
0

	
101

	  	  	  	
0

	  	  	  	  	  	
0

	
102

	  	  	  	
0

	  	  	  	  	  	
0

	
103

	  	  	  	
0

	  	  	  	  	  	
0

	
104

	  	  	  	
0

	  	  	  	  	  	
0

	
105

	  	  	  	
0

	  	  	  	  	  	
0

	
106

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
107

	  	  	  	
0

	  	  	  	  	  	
0

	
108

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
109

	  	  	  	
0

	  	  	  	  	  	
0

	
110

	  	  	  	
0

	  	  	  	  	  	
0

	
111

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
112

	  	  	  	
0

	  	  	  	  	  	
0

	
113

	  	  	  	
0

	  	  	  	  	  	
0

	
114

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
115

	  	  	  	
0

	  	  	  	  	  	
0

	
116

	  	  	  	
0

	  	  	  	  	  	
0

	
117

	  	  	  	
0

	  	  	  	  	  	
0

	
118

	  	  	  	
0

	  	  	  	  	  	
0

	
119

	  	  	  	
0

	  	  	  	  	  	
0

	
120

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
121

	  	  	  	
0

	  	  	  	  	  	
0

	
122

	  	  	  	
0

	  	  	  	  	  	
0

	
123

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
124

	  	  	  	
0

	  	  	  	  	  	
0

	
125

	  	  	  	
0

	  	  	  	  	  	
0

	
126

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
127

	  	  	  	
0

	  	  	  	  	  	
0

	
128

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
129

	  	  	  	
0

	  	  	  	  	  	
0

	
130

	  	  	  	
0

	  	  	  	  	  	
0

	
131

	  	  	  	
0

	  	  	  	  	  	
0

	
132

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
133

	  	  	  	
0

	  	  	  	  	  	
0

	
134

	  	  	  	
0

	  	  	  	  	  	
0

	
135

	  	  	  	
0

	  	  	  	  	  	
0

	
136

	  	  	  	
0

	  	  	  	  	  	
0

	
137

	  	  	  	
0

	  	  	  	  	  	
0

	
138

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
139

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
140

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
141

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
142

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
143

	  	  	  	
0

	  	  	  	  	  	
0

	
144

	  	  	  	
0

	  	  	  	  	  	
0

	
145

	  	  	  	
0

	  	  	  	  	  	
0

	
146

	  	  	  	
0

	  	  	  	  	  	
0

	
147

	  	  	  	
0

	  	  	  	  	  	
0

	
148

	  	  	  	
0

	  	  	  	  	  	
0

	
149

	  	  	  	
0

	  	  	  	  	  	
0

	
150

	  	  	  	
0

	  	  	  	  	  	
0

	
151

	  	  	  	
0

	  	  	  	  	  	
0

	
152

	  	  	  	
0

	  	  	  	  	  	
0

	
153

	  	  	  	
0

	  	  	  	  	  	
0

	
154

	  	  	  	
0

	  	  	  	  	  	
0

	
155

	  	  	  	
0

	  	  	  	  	  	
0

	
156

	  	  	  	
0

	  	  	  	  	  	
0

	
157

	  	  	  	
0

	  	  	  	  	  	
0

	
158

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
159

	  	  	  	
0

	  	  	  	
20

	
1

	
48

	
160

	  	  	  	
0

	  	  	  	  	  	
0

	
161

	  	  	  	
0

	  	  	  	  	  	
0

	
162

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
163

	  	  	  	
0

	  	  	  	  	  	
0

	
164

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
165

	  	  	  	
0

	  	  	  	  	  	
0

	
166

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
167

	  	  	  	
0

	  	  	  	  	  	
0

	
168

	  	  	  	
0

	  	  	  	  	  	
0

	
169

	  	  	  	
0

	  	  	  	  	  	
0

	
170

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
171

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
172

	  	  	  	
0

	  	  	  	  	  	
0

	
173

	  	  	  	
0

	  	  	  	  	  	
0

	
174

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
175

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
176

	  	  	  	
0

	  	  	  	  	  	
0

	
177

	  	  	  	
0

	  	  	  	  	  	
0

	
178

	  	  	  	
0

	  	  	  	  	  	
0

	
179

	  	  	  	
0

	  	  	  	  	  	
0

	
180

	  	  	  	
0

	  	  	  	  	  	
0

	
181

	  	  	  	
0

	  	  	  	  	  	
0

	
182

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
183

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
184

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
185

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
186

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
187

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
188

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
189

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
190

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
191

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
192

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
193

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
194

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
195

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
196

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
197

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
198

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
199

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
200

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
201

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
202

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
203

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
204

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
205

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
206

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
207

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
208

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
209

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
210

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
211

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
212

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
213

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
214

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
215

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
216

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
217

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
218

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
219

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
220

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
221

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
222

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
223

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
224

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
225

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
226

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
227

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
228

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
229

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
230

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
231

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
232

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
233

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
234

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
235

	  	  	  	
0

	  	  	  	  	  	
0

	
236

	  	  	  	
0

	  	  	  	  	  	
0

	
237

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
238

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
239

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
240

	  	  	  	
0

	  	  	  	  	  	
0

	
241

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
242

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
243

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
244

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
245

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
246

	  	  	  	
0

	  	  	  	
20

	
1

	
60

	
247

	  	  	  	
0

	  	  	  	
20

	
1

	
60

 

	
KEY

	
Prepayment Penalty

Hard Term

	
Primary Borrower ID

	
Number of

Mortgaged

Properties

	
Total Number of

Borrowers

	
Self-employment

Flag

	
Current ‘Other’

Monthly Payment

	
Length of

Employment:

Borrower

	
Length of

Employment: Co-

Borrower

	
Years in Home

	
FICO Model Used

	
1

	  	
109

	
1

	
3

	
0

	  	
5.00

	
13.00

	
2.00

	
1

	
2

	  	
165

	
2

	
2

	
0

	  	
0.00

	
27.00

	
23.00

	
1

	
3

	  	
186

	
1

	
2

	
0

	  	
4.50

	
1.00

	
2.00

	
1

	
4

	  	
127

	
1

	
2

	
0

	  	
18.00

	
3.00

	
11.00

	
1

	
5

	  	
269

	
1

	
1

	
0

	  	
0.00

	
0.00

	
7.00

	
1

	
6

	  	
70

	
1

	
2

	
0

	  	
10.00

	
3.00

	
4.00

	
1

	
7

	  	
270

	
1

	
2

	
1

	  	
2.00

	
3.00

	
7.00

	
1

	
8

	  	
428

	
2

	
2

	
0

	  	
9.00

	
2.00

	
4.00

	
1

	
9

	  	
344

	
1

	
2

	
0

	  	
7.00

	
2.00

	
2.00

	
1

	
10

	  	
385

	
3

	
1

	
0

	  	
2.50

	
0.00

	
1.00

	
1

	
11

	  	
446

	
1

	
2

	
0

	  	
3.00

	
10.00

	
6.00

	
1

	
12

	  	
100

	
1

	
2

	
0

	  	
3.00

	
0.00

	
2.00

	
1

	
13

	  	
351

	
1

	
2

	
0

	  	
20.00

	
9.00

	
3.00

	
1

	
14

	  	
427

	
1

	
1

	
1

	  	
0.80

	
0.00

	
31.00

	
1

	
15

	  	
370

	
1

	
2

	
0

	  	
10.00

	
0.00

	
11.00

	
1

	
16

	  	
81

	
1

	
2

	
0

	  	
4.00

	
13.00

	
7.00

	
1

	
17

	  	
13

	
1

	
1

	
0

	  	
11.00

	
0.00

	
5.00

	
1

	
18

	  	
369

	
1

	
2

	
0

	  	
2.00

	
0.00

	
9.00

	
1

	
19

	  	
14

	
1

	
1

	
0

	  	
1.00

	
0.00

	
1.00

	
1

	
20

	  	
117

	
3

	
1

	
1

	  	
20.00

	
0.00

	
3.00

	
1

	
21

	  	
342

	
2

	
2

	
0

	  	
0.00

	
0.00

	
4.00

	
1

	
22

	  	
17

	
1

	
1

	
0

	  	
6.60

	
0.00

	
2.00

	
1

	
23

	  	
9

	
1

	
2

	
1

	  	
2.60

	
5.00

	
1.00

	
1

	
24

	  	
84

	
1

	
2

	
0

	  	
7.00

	
0.00

	
3.00

	
1

	
25

	  	
215

	
1

	
2

	
1

	  	
3.50

	
10.00

	
2.00

	
1

	
26

	  	
395

	
3

	
2

	
0

	  	
1.60

	
0.00

	
1.00

	
1

	
27

	  	
348

	
1

	
2

	
1

	  	
7.10

	
11.00

	
2.00

	
1

	
28

	  	
140

	
1

	
2

	
0

	  	
3.00

	
3.00

	
5.00

	
1

	
29

	  	
37

	
2

	
2

	
0

	  	
17.80

	
0.00

	
12.00

	
1

	
30

	  	
302

	
1

	
2

	
0

	  	
0.90

	
0.00

	
2.00

	
1

	
31

	  	
12

	
2

	
1

	
0

	  	
3.00

	
0.00

	
10.00

	
1

	
32

	  	
226

	
1

	
1

	
0

	  	
22.00

	
0.00

	
9.00

	
1

	
33

	  	
413

	
1

	
1

	
0

	  	
3.00

	
0.00

	
1.00

	
1

	
34

	  	
379

	
2

	
2

	
1

	  	
11.00

	
0.00

	
2.00

	
1

	
35

	  	
434

	
1

	
2

	
1

	  	
7.00

	
0.00

	
7.00

	
1

	
36

	  	
142

	
1

	
1

	
0

	  	
16.00

	
0.00

	
9.00

	
1

	
37

	  	
406

	
2

	
1

	
0

	  	
3.00

	
0.00

	
1.00

	
1

	
38

	  	
73

	
2

	
2

	
0

	  	
7.00

	
11.00

	
1.00

	
1

	
39

	  	
110

	
1

	
1

	
0

	  	
15.00

	
0.00

	
5.00

	
1

	
40

	  	
99

	
1

	
2

	
0

	  	
6.00

	
3.00

	
11.00

	
1

	
41

	  	
77

	
1

	
2

	
0

	  	
0.00

	
16.00

	
13.00

	
1

	
42

	  	
49

	
2

	
2

	
0

	  	
10.00

	
0.00

	
6.00

	
1

	
43

	  	
441

	
2

	
1

	
0

	  	
27.00

	
0.00

	
21.00

	
1

	
44

	  	
223

	
3

	
2

	
0

	  	
6.00

	
0.00

	
12.00

	
1

	
45

	  	
221

	
1

	
2

	
0

	  	
0.00

	
0.00

	
35.00

	
1

	
46

	  	
79

	
1

	
2

	
0

	  	
10.00

	
0.00

	
1.00

	
1

	
47

	  	
391

	
1

	
2

	
0

	  	
12.00

	
0.00

	
0.10

	
1

	
48

	  	
330

	
3

	
2

	
1

	  	
17.00

	
0.00

	
4.00

	
1

	
49

	  	
33

	
1

	
2

	
1

	  	
7.00

	
0.00

	
19.00

	
1

	
50

	  	
243

	
3

	
2

	
0

	  	
0.00

	
0.00

	
20.00

	
1

	
51

	  	
47

	
3

	
2

	
1

	  	
33.00

	
0.00

	
8.00

	
1

	
52

	  	
255

	
1

	
2

	
1

	  	
39.00

	
0.00

	
11.00

	
1

	
53

	  	
174

	
1

	
1

	
0

	  	
4.00

	
0.00

	
1.00

	
1

	
54

	  	
449

	
1

	
1

	
1

	  	
3.00

	
0.00

	
21.00

	
1

	
55

	  	
58

	
1

	
2

	
1

	  	
7.00

	
0.00

	
6.00

	
1

	
56

	  	
224

	
3

	
2

	
1

	  	
17.00

	
10.00

	
2.00

	
1

	
57

	  	
242

	
2

	
1

	
0

	  	
28.00

	
0.00

	
25.00

	
1

	
58

	  	
445

	
1

	
2

	
0

	  	
20.00

	
0.00

	
4.00

	
1

	
59

	  	
343

	
1

	
1

	
0

	  	
35.00

	
0.00

	
35.00

	
1

	
60

	  	
414

	
1

	
1

	
0

	  	
1.00

	
0.00

	
4.00

	
1

	
61

	  	
244

	
2

	
2

	
0

	  	
1.00

	
0.00

	
6.00

	
1

	
62

	  	
141

	
1

	
2

	
0

	  	
9.00

	
0.00

	
10.00

	
1

	
63

	  	
411

	
1

	
1

	
0

	  	
1.10

	
0.00

	
20.00

	
1

	
64

	  	
213

	
1

	
2

	
1

	  	
5.00

	
0.00

	
4.00

	
1

	
65

	  	
340

	
1

	
2

	
0

	  	
6.00

	
0.00

	
5.00

	
1

	
66

	  	
133

	
1

	
2

	
0

	  	
0.00

	
0.00

	
17.00

	
1

	
67

	  	
314

	
2

	
1

	
0

	  	
0.60

	
0.00

	
6.00

	
1

	
68

	  	
375

	
1

	
1

	
0

	  	
0.00

	
0.00

	
20.00

	
1

	
69

	  	
248

	
3

	
2

	
0

	  	
16.00

	
0.00

	
9.00

	
1

	
70

	  	
101

	
2

	
2

	
0

	  	
28.00

	
0.00

	
13.00

	
1

	
71

	  	
7

	
1

	
2

	
1

	  	
20.00

	
0.00

	
2.00

	
1

	
72

	  	
420

	
1

	
2

	
0

	  	
20.00

	
0.00

	
8.00

	
1

	
73

	  	
35

	
2

	
1

	
1

	  	
39.00

	
0.00

	
10.00

	
1

	
74

	  	
146

	
1

	
2

	
1

	  	
10.00

	
0.00

	
2.00

	
1

	
75

	  	
208

	
2

	
2

	
0

	  	
2.00

	
0.00

	
9.00

	
1

	
76

	  	
367

	
2

	
2

	
1

	  	
10.00

	
10.00

	
1.00

	
1

	
77

	  	
260

	
2

	
2

	
0

	  	
1.80

	
2.00

	
5.00

	
1

	
78

	  	
260

	
2

	
2

	
0

	  	
1.80

	
2.00

	
5.00

	
1

	
79

	  	
452

	
1

	
1

	
0

	  	
2.50

	
0.00

	
4.00

	
1

	
80

	  	
138

	
3

	
2

	
0

	  	
0.00

	
0.00

	
11.00

	
1

	
81

	  	
324

	
2

	
2

	
1

	  	
13.00

	
0.00

	
13.00

	
1

	
82

	  	
93

	
2

	
2

	
0

	  	
13.00

	
0.00

	
12.00

	
1

	
83

	  	
278

	
2

	
2

	
0

	  	
24.00

	
0.00

	
24.00

	
1

	
84

	  	
256

	
1

	
2

	
1

	  	
15.00

	
15.00

	
4.00

	
1

	
85

	  	
364

	
1

	
2

	
0

	  	
2.70

	
3.00

	
2.00

	
1

	
86

	  	
119

	
1

	
2

	
1

	  	
20.00

	
0.00

	
10.00

	
1

	
87

	  	
163

	
1

	
2

	
0

	  	
3.00

	
0.00

	
3.00

	
1

	
88

	  	
67

	
6

	
1

	
0

	  	
27.00

	
0.00

	
7.00

	
1

	
89

	  	
18

	
1

	
2

	
1

	  	
4.00

	
0.00

	
3.00

	
1

	
90

	  	
21

	
1

	
2

	
0

	  	
8.00

	
4.00

	
1.00

	
1

	
91

	  	
377

	
1

	
2

	
0

	  	
2.00

	
0.00

	
2.00

	
1

	
92

	  	
122

	
3

	
2

	
0

	  	
12.00

	
3.00

	
3.00

	
1

	
93

	  	
279

	
1

	
1

	
1

	  	
19.00

	
0.00

	
7.00

	
1

	
94

	  	
257

	
1

	
2

	
1

	  	
20.00

	
0.00

	
12.00

	
1

	
95

	  	
48

	
2

	
1

	
0

	  	
17.00

	
0.00

	
16.00

	
1

	
96

	  	
241

	
1

	
4

	
1

	  	
5.00

	
5.00

	
1.00

	
1

	
97

	  	
292

	
2

	
2

	
0

	  	
5.00

	
7.00

	
3.00

	
1

	
98

	  	
150

	
3

	
1

	
1

	  	
11.00

	
0.00

	
8.00

	
1

	
99

	  	
311

	
1

	
2

	
1

	  	
2.00

	
3.00

	
10.00

	
1

	
100

	  	
68

	
2

	
2

	
0

	  	
3.00

	
0.00

	
10.00

	
1

	
101

	  	
350

	
1

	
2

	
0

	  	
0.50

	
0.00

	
7.00

	
1

	
102

	  	
197

	
2

	
1

	
0

	  	
0.50

	
0.00

	
11.00

	
1

	
103

	  	
229

	
1

	
1

	
0

	  	
3.00

	
0.00

	
10.00

	
1

	
104

	  	
304

	
1

	
1

	
1

	  	
2.00

	
0.00

	
2.00

	
1

	
105

	  	
300

	
1

	
2

	
0

	  	
5.60

	
1.00

	
6.00

	
1

	
106

	  	
239

	
2

	
2

	
1

	  	
11.00

	
2.00

	
0.00

	
1

	
107

	  	
464

	
3

	
1

	
0

	  	
5.60

	
0.00

	
3.00

	
1

	
108

	  	
438

	
3

	
2

	
1

	  	
21.00

	
21.00

	
8.00

	
1

	
109

	  	
166

	
2

	
2

	
1

	  	
8.00

	
8.00

	
5.00

	
1

	
110

	  	
11

	
1

	
2

	
0

	  	
6.00

	
0.00

	
0.50

	
1

	
111

	  	
363

	
1

	
2

	
0

	  	
3.50

	
0.00

	
9.75

	
1

	
112

	  	
156

	
1

	
1

	
0

	  	
13.00

	
0.00

	
14.00

	
1

	
113

	  	
308

	
1

	
2

	
1

	  	
4.00

	
14.00

	
1.00

	
1

	
114

	  	
170

	
1

	
2

	
0

	  	
0.60

	
0.00

	
4.00

	
1

	
115

	  	
419

	
1

	
3

	
0

	  	
3.00

	
0.00

	
2.00

	
1

	
116

	  	
212

	
2

	
2

	
0

	  	
21.00

	
5.00

	
2.00

	
1

	
117

	  	
465

	
1

	
2

	
1

	  	
43.00

	
0.00

	
7.00

	
1

	
118

	  	
323

	
2

	
2

	
0

	  	
1.00

	
0.00

	
0.04

	
1

	
119

	  	
272

	
1

	
2

	
0

	  	
3.00

	
0.00

	
2.00

	
1

	
120

	  	
453

	
1

	
2

	
0

	  	
4.00

	
0.80

	
2.00

	
1

	
121

	  	
193

	
1

	
2

	
0

	  	
23.00

	
12.00

	
27.00

	
1

	
122

	  	
360

	
1

	
2

	
1

	  	
34.00

	
7.00

	
16.00

	
1

	
123

	  	
191

	
1

	
2

	
0

	  	
5.50

	
5.00

	
0.20

	
1

	
124

	  	
422

	
1

	
2

	
1

	  	
20.00

	
21.00

	
3.00

	
1

	
125

	  	
53

	
4

	
1

	
1

	  	
23.00

	
0.00

	
11.00

	
1

	
126

	  	
175

	
1

	
2

	
0

	  	
3.00

	
1.60

	
1.00

	
1

	
127

	  	
346

	
1

	
2

	
0

	  	
0.00

	
0.00

	
2.00

	
1

	
128

	  	
178

	
2

	
2

	
0

	  	
3.00

	
0.00

	
5.00

	
1

	
129

	  	
403

	
2

	
1

	
1

	  	
0.00

	
0.00

	
12.00

	
1

	
130

	  	
125

	
1

	
2

	
1

	  	
31.00

	
30.00

	
0.50

	
1

	
131

	  	
106

	
1

	
1

	
0

	  	
25.00

	
0.00

	
36.00

	
1

	
132

	  	
143

	
3

	
3

	
0

	  	
10.00

	
14.00

	
3.00

	
1

	
133

	  	
136

	
2

	
2

	
0

	  	
0.20

	
0.00

	
7.00

	
1

	
134

	  	
5

	
1

	
1

	
0

	  	
2.00

	
0.00

	
2.00

	
1

	
135

	  	
312

	
2

	
2

	
0

	  	
13.00

	
0.00

	
1.00

	
1

	
136

	  	
312

	
2

	
1

	
0

	  	
10.00

	
0.00

	
6.00

	
1

	
137

	  	
322

	
1

	
2

	
0

	  	
1.00

	
1.00

	
5.00

	
1

	
138

	  	
194

	
1

	
1

	
0

	  	
5.00

	
0.00

	
10.00

	
1

	
139

	  	
262

	
2

	
2

	
1

	  	
7.00

	
1.00

	
1.00

	
1

	
140

	  	
120

	
3

	
2

	
1

	  	
16.00

	
5.00

	
0.00

	
1

	
141

	  	
211

	
1

	
1

	
0

	  	
18.00

	
0.00

	
5.00

	
1

	
142

	  	
92

	
2

	
2

	
1

	  	
2.00

	
0.00

	
7.00

	
1

	
143

	  	
111

	
1

	
2

	
0

	  	
0.20

	  	
4.00

	
1

	
144

	  	
103

	
1

	
1

	
0

	  	
8.00

	  	
6.00

	
1

	
145

	  	
359

	
3

	
2

	
0

	  	
1.30

	  	
9.00

	
1

	
146

	  	
378

	
1

	
1

	
0

	  	
99.00

	  	
1.20

	
1

	
147

	  	
437

	
1

	
2

	
0

	  	
0.11

	  	
10.00

	
1

	
148

	  	
442

	
1

	
2

	
0

	  	
4.00

	
3.00

	
7.00

	
1

	
149

	  	
40

	
1

	
1

	
0

	  	
99.00

	  	
3.00

	
1

	
150

	  	
249

	
2

	
2

	
1

	  	
14.00

	  	
5.00

	
1

	
151

	  	
407

	
1

	
1

	
0

	  	
25.00

	  	
6.00

	
1

	
152

	  	
64

	
1

	
2

	
1

	  	
25.00

	  	
9.00

	
1

	
153

	  	
75

	
2

	
2

	
0

	  	
28.00

	  	
0.00

	
1

	
154

	  	
383

	
2

	
2

	
1

	  	
40.00

	  	
0.00

	
1

	
155

	  	
331

	
3

	
2

	
0

	  	
5.00

	  	
0.00

	
1

	
156

	  	
49

	
2

	
2

	
0

	  	
10.00

	  	
6.00

	
1

	
157

	  	
368

	
1

	
2

	
0

	  	
5.00

	  	
5.00

	
1

	
158

	  	
189

	
2

	
2

	
0

	  	
0.50

	  	
0.00

	
1

	
159

	  	
287

	
3

	
1

	
1

	  	
2.50

	  	
2.00

	
1

	
160

	  	
209

	
1

	
1

	
0

	  	
0.60

	  	
0.00

	
1

	
161

	  	
118

	
5

	
2

	
1

	  	
7.00

	
7.00

	
38.00

	
1

	
162

	  	
10

	
1

	
2

	
0

	  	
2.00

	
1.00

	
0.00

	
1

	
163

	  	
61

	
1

	
2

	
1

	  	
2.00

	
2.00

	
1.00

	
1

	
164

	  	
284

	
2

	
2

	
0

	  	
15.00

	
5.00

	
0.50

	
1

	
165

	  	
366

	
2

	
2

	
1

	  	
19.00

	
9.00

	
9.00

	
1

	
166

	  	
145

	
1

	
2

	
1

	  	
10.00

	
10.00

	
8.00

	
1

	
167

	  	
157

	
1

	
2

	
0

	  	
0.00

	
6.00

	
8.00

	
1

	
168

	  	
169

	
1

	
2

	
0

	  	
1.00

	
10.00

	
0.00

	
1

	
169

	  	
280

	
1

	
2

	
0

	  	
7.00

	
3.00

	
6.00

	
1

	
170

	  	
325

	
6

	
2

	
1

	  	
10.00

	
8.00

	
1.00

	
1

	
171

	  	
26

	
3

	
2

	
0

	  	
8.00

	
3.00

	
0.00

	
1

	
172

	  	
39

	
1

	
2

	
1

	  	
6.00

	
5.00

	
1.00

	
1

	
173

	  	
88

	
1

	
2

	
0

	  	
3.00

	  	
0.00

	
1

	
174

	  	
352

	
2

	
1

	
1

	  	
15.00

	  	
2.00

	
1

	
175

	  	
392

	
2

	
2

	
0

	  	
2.00

	
3.00

	
0.00

	
1

	
176

	  	
266

	
1

	
1

	
1

	  	
25.00

	  	
6.00

	
1

	
177

	  	
273

	
1

	
2

	
1

	  	
22.00

	  	
5.00

	
1

	
178

	  	
115

	
1

	
2

	
0

	  	
2.00

	  	
2.00

	
1

	
179

	  	
57

	
1

	
2

	
0

	  	
0.30

	  	
13.00

	
1

	
180

	  	
34

	
2

	
1

	
0

	  	
8.00

	  	
0.00

	
1

	
181

	  	
355

	
1

	
2

	
0

	  	
99.00

	
27.00

	
36.00

	
1

	
182

	  	
196

	
1

	
2

	
0

	  	
0.00

	
10.00

	
6.00

	
1

	
183

	  	
220

	
1

	
2

	
0

	  	
17.00

	
30.00

	
7.00

	
1

	
184

	  	
402

	
2

	
2

	
1

	  	
8.00

	
6.00

	
0.00

	
1

	
185

	  	
365

	
1

	
2

	
0

	  	
4.40

	  	
3.00

	
1

	
186

	  	
180

	
2

	
2

	
0

	  	
25.00

	
1.50

	
0.00

	
1

	
187

	  	
139

	
2

	
2

	
0

	  	
2.00

	  	
0.00

	
1

	
188

	  	
310

	
4

	
2

	
0

	  	
20.00

	  	
0.00

	
1

	
189

	  	
267

	
1

	
1

	
0

	  	
0.00

	  	
6.00

	
1

	
190

	  	
27

	
1

	
1

	
1

	  	
10.00

	  	
0.00

	
1

	
191

	  	
313

	
1

	
2

	
0

	  	
3.50

	
3.50

	
0.00

	
1

	
192

	  	
250

	
1

	
1

	
0

	  	
7.00

	  	
0.00

	
1

	
193

	  	
168

	
1

	
2

	
0

	  	
1.00

	  	
5.00

	
1

	
194

	  	
417

	
1

	
2

	
1

	  	
24.00

	  	
15.00

	
1

	
195

	  	
462

	
3

	
1

	
1

	  	
16.00

	  	
2.00

	
1

	
196

	  	
78

	
2

	
2

	
0

	  	
1.50

	
10.00

	
0.00

	
1

	
197

	  	
457

	
1

	
2

	
1

	  	
3.00

	
6.00

	
0.00

	
1

	
198

	  	
418

	
1

	
2

	
0

	  	
0.50

	  	
0.00

	
1

	
199

	  	
286

	
1

	
1

	
0

	  	
4.90

	  	
3.00

	
1

	
200

	  	
31

	
1

	
2

	
0

	  	
6.50

	  	
13.00

	
1

	
201

	  	
316

	
2

	
2

	
0

	  	
1.00

	
9.00

	
0.00

	
1

	
202

	  	
301

	
1

	
2

	
0

	  	
19.00

	  	
0.00

	
1

	
203

	  	
254

	
1

	
2

	
0

	  	
5.00

	
8.00

	
0.00

	
1

	
204

	  	
121

	
1

	
2

	
1

	  	
24.00

	  	
13.00

	
1

	
205

	  	
460

	
1

	
2

	
1

	  	
2.00

	  	
0.00

	
1

	
206

	  	
166

	
2

	
2

	
1

	  	
8.00

	
8.00

	
2.00

	
1

	
207

	  	
396

	
1

	
2

	
0

	  	
7.00

	  	
7.00

	
1

	
208

	  	
87

	
1

	
2

	
1

	  	
31.00

	
17.00

	
9.00

	
1

	
209

	  	
155

	
2

	
2

	
0

	  	
3.80

	
16.00

	
0.00

	
1

	
210

	  	
124

	
1

	
2

	
0

	  	
0.10

	
2.70

	
6.00

	
1

	
211

	  	
444

	
1

	
2

	
0

	  	
6.00

	
1.00

	
1.00

	
1

	
212

	  	
318

	
2

	
2

	
0

	  	
4.00

	
3.00

	
0.00

	
1

	
213

	  	
153

	
1

	
2

	
1

	  	
4.00

	  	
0.00

	
1

	
214

	  	
397

	
2

	
2

	
0

	  	
1.80

	
1.80

	
0.00

	
1

	
215

	  	
16

	
1

	
2

	
0

	  	
12.00

	
4.00

	
0.00

	
1

	
216

	  	
362

	
1

	
2

	
0

	  	
10.00

	
3.00

	
0.00

	
1

	
217

	  	
372

	
2

	
2

	
1

	  	
8.00

	
8.00

	
1.00

	
1

	
218

	  	
401

	
1

	
2

	
0

	  	
15.00

	
18.00

	
8.00

	
1

	
219

	  	
28

	
2

	
2

	
1

	  	
32.00

	
10.00

	
22.00

	
1

	
220

	  	
252

	
1

	
2

	
1

	  	
3.00

	  	
0.00

	
1

	
221

	  	
134

	
2

	
2

	
0

	  	
99.00

	  	
0.00

	
1

	
222

	  	
271

	
2

	
2

	
0

	  	
10.00

	  	
0.00

	
1

	
223

	  	
46

	
2

	
2

	
1

	  	
6.00

	
10.00

	
0.00

	
1

	
224

	  	
461

	
1

	
2

	
0

	  	
9.00

	
0.01

	
3.00

	
1

	
225

	  	
192

	
1

	
2

	
0

	  	
3.00

	
4.00

	
0.00

	
1

	
226

	  	
89

	
2

	
2

	
0

	  	
11.00

	
14.00

	
0.00

	
1

	
227

	  	
317

	
4

	
1

	
1

	  	
13.00

	  	
0.00

	
1

	
228

	  	
247

	
2

	
2

	
0

	  	
20.00

	
15.00

	
7.00

	
1

	
229

	  	
38

	
2

	
2

	
1

	  	
7.00

	
7.00

	
0.00

	
1

	
230

	  	
50

	
3

	
2

	
0

	  	
0.01

	  	
0.00

	
1

	
231

	  	
1

	
1

	
2

	
0

	  	
5.60

	
0.90

	
0.00

	
1

	
232

	  	
65

	
1

	
2

	
0

	  	
16.00

	  	
0.00

	
1

	
233

	  	
470

	
1

	
2

	
0

	  	
11.00

	  	
3.00

	
1

	
234

	  	
349

	
2

	
2

	
0

	  	
4.00

	
2.60

	
0.00

	
1

	
235

	  	
263

	
2

	
2

	
1

	  	
21.00

	
7.00

	
0.00

	
1

	
236

	  	
6

	
1

	
2

	
0

	  	
2.00

	
10.00

	
5.00

	
1

	
237

	  	
232

	
3

	
1

	
0

	  	
3.00

	  	
3.00

	
1

	
238

	  	
240

	
1

	
2

	
0

	  	
6.00

	  	
0.00

	
1

	
239

	  	
374

	
2

	
2

	
0

	  	
6.50

	  	
2.00

	
1

	
240

	  	
353

	
2

	
2

	
1

	  	
23.00

	
23.00

	
22.00

	
1

	
241

	  	
222

	
1

	
2

	
0

	  	
2.00

	
1.00

	
0.00

	
1

	
242

	  	
387

	
2

	
1

	
0

	  	
11.00

	  	
0.00

	
1

	
243

	  	
361

	
2

	
2

	
1

	  	
0.40

	
5.00

	
0.00

	
1

	
244

	  	
36

	
2

	
1

	
1

	  	
35.00

	  	
0.00

	
1

	
245

	  	
179

	
1

	
2

	
0

	  	
0.30

	
6.00

	
0.00

	
1

	
246

	  	
207

	
1

	
2

	
1

	  	
11.60

	
0.20

	
0.00

	
1

	
247

	  	
177

	
1

	
2

	
0

	  	
9.00

	  	
0.00

	
1

 

	
KEY

	
Most Recent FICO

Date

	
Primary Wage

Earner Original

FICO: Equifax

	
Primary Wage

Earner Original

FICO: Experian

	
Primary Wage

Earner Original

FICO: TransUnion

	
Secondary Wage

Earner Original

FICO: Equifax

	
Secondary Wage

Earner Original

FICO: Experian

	
Secondary Wage

Earner Original

FICO: TransUnion

	
Original

Primary Borrower

FICO

	
Most Recent

Primary Borrower

FICO

	
Most Recent Co-

Borrower FICO

	
1

	
20110825

	  	  	  	  	  	  	
782

	
788

	  
	
2

	
20110825

	  	  	  	  	  	  	
706

	
711

	  
	
3

	
20110825

	  	  	  	  	  	  	
752

	
747

	  
	
4

	
20110825

	  	  	  	  	  	  	
746

	
772

	  
	
5

	
20110825

	  	  	  	  	  	  	
716

	
729

	  
	
6

	
20110825

	  	  	  	  	  	  	
789

	
796

	  
	
7

	
20110825

	  	  	  	  	  	  	
795

	
773

	  
	
8

	
20110825

	  	  	  	  	  	  	
793

	
806

	  
	
9

	
20110825

	  	  	  	  	  	  	
787

	
770

	  
	
10

	
20110825

	  	  	  	  	  	  	
730

	
779

	  
	
11

	
20110825

	  	  	  	  	  	  	
773

	
774

	  
	
12

	
20110825

	  	  	  	  	  	  	
720

	
779

	  
	
13

	
20110825

	  	  	  	  	  	  	
812

	
793

	  
	
14

	
20110825

	  	  	  	  	  	  	
764

	
783

	  
	
15

	
20110825

	  	  	  	  	  	  	
787

	
772

	  
	
16

	
20110825

	  	  	  	  	  	  	
788

	
797

	  
	
17

	
20110825

	  	  	  	  	  	  	
793

	
807

	  
	
18

	
20110825

	  	  	  	  	  	  	
731

	
775

	  
	
19

	
20110825

	  	  	  	  	  	  	
757

	
793

	  
	
20

	
20110825

	  	  	  	  	  	  	
766

	
815

	  
	
21

	
20110825

	  	  	  	  	  	  	
800

	
807

	  
	
22

	
20110825

	  	  	  	  	  	  	
796

	
797

	  
	
23

	
20110825

	  	  	  	  	  	  	
707

	
676

	  
	
24

	
20110825

	  	  	  	  	  	  	
773

	
778

	  
	
25

	
20110825

	  	  	  	  	  	  	
806

	
797

	  
	
26

	
20110825

	  	  	  	  	  	  	
768

	
769

	  
	
27

	
20110825

	  	  	  	  	  	  	
808

	
808

	  
	
28

	
20110825

	  	  	  	  	  	  	
767

	
795

	  
	
29

	
20110825

	  	  	  	  	  	  	
787

	
793

	  
	
30

	
20110825

	  	  	  	  	  	  	
781

	
766

	  
	
31

	
20110825

	  	  	  	  	  	  	
781

	
823

	  
	
32

	
20110825

	  	  	  	  	  	  	
802

	
815

	  
	
33

	
20110825

	  	  	  	  	  	  	
796

	
795

	  
	
34

	
20110825

	  	  	  	  	  	  	
777

	
792

	  
	
35

	
20110825

	  	  	  	  	  	  	
793

	
808

	  
	
36

	
20110825

	  	  	  	  	  	  	
815

	
802

	  
	
37

	
20110825

	  	  	  	  	  	  	
778

	
805

	  
	
38

	
20110825

	  	  	  	  	  	  	
783

	
773

	  
	
39

	
20110825

	  	  	  	  	  	  	
796

	
808

	  
	
40

	
20110825

	  	  	  	  	  	  	
791

	
787

	  
	
41

	
20110825

	  	  	  	  	  	  	
779

	
803

	  
	
42

	
20110825

	  	  	  	  	  	  	
760

	
785

	  
	
43

	
20110825

	  	  	  	  	  	  	
791

	
801

	  
	
44

	
20110825

	  	  	  	  	  	  	
796

	
797

	  
	
45

	
20110825

	  	  	  	  	  	  	
742

	
770

	  
	
46

	
20110825

	  	  	  	  	  	  	
797

	
797

	  
	
47

	
20110825

	  	  	  	  	  	  	
782

	
768

	  
	
48

	
20110825

	  	  	  	  	  	  	
813

	
798

	  
	
49

	
20110825

	  	  	  	  	  	  	
807

	
799

	  
	
50

	
20110825

	  	  	  	  	  	  	
788

	
807

	  
	
51

	
20110825

	  	  	  	  	  	  	
729

	
776

	  
	
52

	
20110825

	  	  	  	  	  	  	
729

	
724

	  
	
53

	
20110825

	  	  	  	  	  	  	
798

	
800

	  
	
54

	
20110825

	  	  	  	  	  	  	
749

	
703

	  
	
55

	
20110825

	  	  	  	  	  	  	
776

	
793

	  
	
56

	
20110825

	  	  	  	  	  	  	
763

	
800

	  
	
57

	
20110825

	  	  	  	  	  	  	
770

	
760

	  
	
58

	
20110825

	  	  	  	  	  	  	
798

	
806

	  
	
59

	
20110825

	  	  	  	  	  	  	
756

	
797

	  
	
60

	
20110825

	  	  	  	  	  	  	
713

	
762

	  
	
61

	
20110825

	  	  	  	  	  	  	
788

	
801

	  
	
62

	
20110825

	  	  	  	  	  	  	
747

	
756

	  
	
63

	
20110825

	  	  	  	  	  	  	
781

	
799

	  
	
64

	
20110825

	  	  	  	  	  	  	
795

	
788

	  
	
65

	
20110825

	  	  	  	  	  	  	
787

	
789

	  
	
66

	
20110825

	  	  	  	  	  	  	
765

	
742

	  
	
67

	
20110825

	  	  	  	  	  	  	
767

	
760

	  
	
68

	
20110825

	  	  	  	  	  	  	
801

	
804

	  
	
69

	
20110825

	  	  	  	  	  	  	
767

	
787

	  
	
70

	
20110825

	  	  	  	  	  	  	
782

	
787

	  
	
71

	
20110825

	  	  	  	  	  	  	
782

	
801

	  
	
72

	
20110825

	  	  	  	  	  	  	
810

	
814

	  
	
73

	
20110825

	  	  	  	  	  	  	
796

	
786

	  
	
74

	
20110825

	  	  	  	  	  	  	
739

	
753

	  
	
75

	
20110825

	  	  	  	  	  	  	
767

	
730

	  
	
76

	
20110825

	  	  	  	  	  	  	
735

	
740

	  
	
77

	
20110825

	  	  	  	  	  	  	
789

	
774

	  
	
78

	
20110825

	  	  	  	  	  	  	
789

	
774

	  
	
79

	
20110825

	  	  	  	  	  	  	
809

	
780

	  
	
80

	
20110825

	  	  	  	  	  	  	
734

	
767

	  
	
81

	
20110825

	  	  	  	  	  	  	
801

	
781

	  
	
82

	
20110825

	  	  	  	  	  	  	
797

	
797

	  
	
83

	
20110825

	  	  	  	  	  	  	
795

	
785

	  
	
84

	
20110825

	  	  	  	  	  	  	
803

	
794

	  
	
85

	
20110825

	  	  	  	  	  	  	
705

	
725

	  
	
86

	
20110825

	  	  	  	  	  	  	
787

	
787

	  
	
87

	
20110825

	  	  	  	  	  	  	
796

	
775

	  
	
88

	
20110825

	  	  	  	  	  	  	
812

	
781

	  
	
89

	
20110825

	  	  	  	  	  	  	
793

	
772

	  
	
90

	
20110825

	  	  	  	  	  	  	
780

	
771

	  
	
91

	
20110825

	  	  	  	  	  	  	
790

	
773

	  
	
92

	
20110825

	  	  	  	  	  	  	
797

	
790

	  
	
93

	
20110825

	  	  	  	  	  	  	
738

	
786

	  
	
94

	
20110825

	  	  	  	  	  	  	
792

	
786

	  
	
95

	
20110825

	  	  	  	  	  	  	
788

	
798

	  
	
96

	
20110825

	  	  	  	  	  	  	
798

	
774

	  
	
97

	
20110825

	  	  	  	  	  	  	
803

	
792

	  
	
98

	
20110825

	  	  	  	  	  	  	
782

	
803

	  
	
99

	
20110825

	  	  	  	  	  	  	
768

	
784

	  
	
100

	
20110825

	  	  	  	  	  	  	
778

	
775

	  
	
101

	
20110825

	  	  	  	  	  	  	
709

	
720

	  
	
102

	
20110825

	  	  	  	  	  	  	
797

	
793

	  
	
103

	
20110825

	  	  	  	  	  	  	
799

	
795

	  
	
104

	
20110825

	  	  	  	  	  	  	
765

	
772

	  
	
105

	
20110825

	  	  	  	  	  	  	
777

	
785

	  
	
106

	
20110825

	  	  	  	  	  	  	
745

	
725

	  
	
107

	
20110825

	  	  	  	  	  	  	
789

	
774

	  
	
108

	
20110825

	  	  	  	  	  	  	
800

	
787

	  
	
109

	
20110825

	  	  	  	  	  	  	
775

	
762

	  
	
110

	
20110825

	  	  	  	  	  	  	
784

	
801

	  
	
111

	
20110825

	  	  	  	  	  	  	
791

	
783

	  
	
112

	
20110825

	  	  	  	  	  	  	
813

	
801

	  
	
113

	
20110825

	  	  	  	  	  	  	
781

	
792

	  
	
114

	
20110825

	  	  	  	  	  	  	
809

	
797

	  
	
115

	
20110825

	  	  	  	  	  	  	
782

	
767

	  
	
116

	
20110825

	  	  	  	  	  	  	
763

	
767

	  
	
117

	
20110825

	  	  	  	  	  	  	
793

	
783

	  
	
118

	
20110825

	  	  	  	  	  	  	
711

	
714

	  
	
119

	
20110825

	  	  	  	  	  	  	
816

	
799

	  
	
120

	
20110825

	  	  	  	  	  	  	
786

	
648

	  
	
121

	
20110825

	  	  	  	  	  	  	
794

	
797

	  
	
122

	
20110825

	  	  	  	  	  	  	
798

	
800

	  
	
123

	
20110825

	  	  	  	  	  	  	
739

	
765

	  
	
124

	
20110825

	  	  	  	  	  	  	
770

	
768

	  
	
125

	
20110825

	  	  	  	  	  	  	
793

	
783

	  
	
126

	
20110825

	  	  	  	  	  	  	
775

	
734

	  
	
127

	
20110825

	  	  	  	  	  	  	
771

	
795

	  
	
128

	
20110825

	  	  	  	  	  	  	
733

	
685

	  
	
129

	
20110825

	  	  	  	  	  	  	
789

	
781

	  
	
130

	
20110825

	  	  	  	  	  	  	
780

	
795

	  
	
131

	
20110825

	  	  	  	  	  	  	
818

	
799

	  
	
132

	
20110825

	  	  	  	  	  	  	
743

	
797

	  
	
133

	
20110825

	  	  	  	  	  	  	
762

	
768

	  
	
134

	
20110825

	  	  	  	  	  	  	
784

	
785

	  
	
135

	
20110825

	  	  	  	  	  	  	
809

	
796

	  
	
136

	
20110825

	  	  	  	  	  	  	
809

	
796

	  
	
137

	
20110825

	  	  	  	  	  	  	
723

	
816

	  
	
138

	
20110825

	  	  	  	  	  	  	
795

	
799

	  
	
139

	
20110825

	  	  	  	  	  	  	
708

	
753

	  
	
140

	
20110825

	  	  	  	  	  	  	
759

	
760

	  
	
141

	
20110825

	  	  	  	  	  	  	
786

	
791

	  
	
142

	
20110825

	  	  	  	  	  	  	
804

	
774

	  
	
143

	
20110825

	  	  	  	  	  	  	
795

	
801

	  
	
144

	
20110825

	  	  	  	  	  	  	
796

	
776

	  
	
145

	
20110825

	  	  	  	  	  	  	
799

	
799

	  
	
146

	
20110825

	  	  	  	  	  	  	
817

	
803

	  
	
147

	
20110825

	  	  	  	  	  	  	
806

	
808

	  
	
148

	
20110825

	  	  	  	  	  	  	
794

	
780

	  
	
149

	
20110825

	  	  	  	  	  	  	
799

	
805

	  
	
150

	
20110825

	  	  	  	  	  	  	
798

	
801

	  
	
151

	
20110825

	  	  	  	  	  	  	
814

	
816

	  
	
152

	
20110825

	  	  	  	  	  	  	
793

	
759

	  
	
153

	
20110825

	  	  	  	  	  	  	
812

	
808

	  
	
154

	
20110825

	  	  	  	  	  	  	
713

	
695

	  
	
155

	
20110825

	  	  	  	  	  	  	
807

	
764

	  
	
156

	
20110825

	  	  	  	  	  	  	
760

	
785

	  
	
157

	
20110825

	  	  	  	  	  	  	
811

	
810

	  
	
158

	
20110825

	  	  	  	  	  	  	
775

	
796

	  
	
159

	
20110825

	  	  	  	  	  	  	
710

	
703

	  
	
160

	
20110825

	  	  	  	  	  	  	
795

	
797

	  
	
161

	
20110825

	  	  	  	  	  	  	
789

	
787

	  
	
162

	
20110825

	  	  	  	  	  	  	
720

	
775

	  
	
163

	
20110825

	  	  	  	  	  	  	
747

	
769

	  
	
164

	
20110825

	  	  	  	  	  	  	
734

	
728

	  
	
165

	
20110825

	  	  	  	  	  	  	
756

	
764

	  
	
166

	
20110825

	  	  	  	  	  	  	
758

	
771

	  
	
167

	
20110825

	  	  	  	  	  	  	
782

	
704

	  
	
168

	
20110825

	  	  	  	  	  	  	
668

	
651

	  
	
169

	
20110825

	  	  	  	  	  	  	
790

	
775

	  
	
170

	
20110825

	  	  	  	  	  	  	
798

	
776

	  
	
171

	
20110825

	  	  	  	  	  	  	
708

	
707

	  
	
172

	
20110825

	  	  	  	  	  	  	
801

	
787

	  
	
173

	
20110825

	  	  	  	  	  	  	
781

	
756

	  
	
174

	
20110825

	  	  	  	  	  	  	
796

	
785

	  
	
175

	
20110825

	  	  	  	  	  	  	
777

	
785

	  
	
176

	
20110825

	  	  	  	  	  	  	
728

	
712

	  
	
177

	
20110825

	  	  	  	  	  	  	
781

	
780

	  
	
178

	
20110825

	  	  	  	  	  	  	
766

	
737

	  
	
179

	
20110825

	  	  	  	  	  	  	
811

	
790

	  
	
180

	
20110825

	  	  	  	  	  	  	
736

	
709

	  
	
181

	
20110825

	  	  	  	  	  	  	
796

	
772

	  
	
182

	
20110825

	  	  	  	  	  	  	
752

	
796

	  
	
183

	
20110825

	  	  	  	  	  	  	
769

	
758

	  
	
184

	
20110825

	  	  	  	  	  	  	
767

	
780

	  
	
185

	
20110825

	  	  	  	  	  	  	
774

	
770

	  
	
186

	
20110825

	  	  	  	  	  	  	
795

	
804

	  
	
187

	
20110825

	  	  	  	  	  	  	
800

	
774

	  
	
188

	
20110825

	  	  	  	  	  	  	
774

	
790

	  
	
189

	
20110825

	  	  	  	  	  	  	
804

	
808

	  
	
190

	
20110825

	  	  	  	  	  	  	
766

	
761

	  
	
191

	
20110825

	  	  	  	  	  	  	
793

	
789

	  
	
192

	
20110825

	  	  	  	  	  	  	
774

	
775

	  
	
193

	
20110825

	  	  	  	  	  	  	
744

	
791

	  
	
194

	
20110825

	  	  	  	  	  	  	
799

	
735

	  
	
195

	
20110825

	  	  	  	  	  	  	
793

	
789

	  
	
196

	
20110825

	  	  	  	  	  	  	
709

	
671

	  
	
197

	
20110825

	  	  	  	  	  	  	
774

	
773

	  
	
198

	
20110825

	  	  	  	  	  	  	
803

	
803

	  
	
199

	
20110825

	  	  	  	  	  	  	
759

	
756

	  
	
200

	
20110825

	  	  	  	  	  	  	
753

	
766

	  
	
201

	
20110825

	  	  	  	  	  	  	
797

	
760

	  
	
202

	
20110825

	  	  	  	  	  	  	
776

	
779

	  
	
203

	
20110825

	  	  	  	  	  	  	
772

	
775

	  
	
204

	  	  	  	  	  	  	  	
772

	  	  
	
205

	
20110825

	  	  	  	  	  	  	
734

	
778

	  
	
206

	  	  	  	  	  	  	  	
757

	  	  
	
207

	  	  	  	  	  	  	  	
780

	  	  
	
208

	  	  	  	  	  	  	  	
792

	  	  
	
209

	  	  	  	  	  	  	  	
756

	  	  
	
210

	  	  	  	  	  	  	  	
770

	  	  
	
211

	  	  	  	  	  	  	  	
771

	  	  
	
212

	  	  	  	  	  	  	  	
764

	  	  
	
213

	  	  	  	  	  	  	  	
789

	  	  
	
214

	  	  	  	  	  	  	  	
765

	  	  
	
215

	  	  	  	  	  	  	  	
754

	  	  
	
216

	  	  	  	  	  	  	  	
794

	  	  
	
217

	  	  	  	  	  	  	  	
778

	  	  
	
218

	  	  	  	  	  	  	  	
798

	  	  
	
219

	  	  	  	  	  	  	  	
792

	  	  
	
220

	  	  	  	  	  	  	  	
704

	  	  
	
221

	  	  	  	  	  	  	  	
819

	  	  
	
222

	  	  	  	  	  	  	  	
764

	  	  
	
223

	  	  	  	  	  	  	  	
789

	  	  
	
224

	  	  	  	  	  	  	  	
765

	  	  
	
225

	  	  	  	  	  	  	  	
740

	  	  
	
226

	  	  	  	  	  	  	  	
794

	  	  
	
227

	  	  	  	  	  	  	  	
770

	  	  
	
228

	  	  	  	  	  	  	  	
699

	  	  
	
229

	  	  	  	  	  	  	  	
743

	  	  
	
230

	  	  	  	  	  	  	  	
735

	  	  
	
231

	  	  	  	  	  	  	  	
780

	  	  
	
232

	  	  	  	  	  	  	  	
782

	  	  
	
233

	  	  	  	  	  	  	  	
709

	  	  
	
234

	
20110825

	  	  	  	  	  	  	
773

	
730

	  
	
235

	
20110825

	  	  	  	  	  	  	
695

	
691

	  
	
236

	
20110825

	  	  	  	  	  	  	
799

	
783

	  
	
237

	
20110825

	  	  	  	  	  	  	
796

	
801

	  
	
238

	
20110825

	  	  	  	  	  	  	
770

	
805

	  
	
239

	
20110825

	  	  	  	  	  	  	
788

	
791

	  
	
240

	
20110825

	  	  	  	  	  	  	
792

	
790

	  
	
241

	
20110825

	  	  	  	  	  	  	
802

	
764

	  
	
242

	
20110825

	  	  	  	  	  	  	
704

	
712

	  
	
243

	  	  	  	  	  	  	  	
801

	  	  
	
244

	  	  	  	  	  	  	  	
774

	  	  
	
245

	  	  	  	  	  	  	  	
794

	  	  
	
246

	  	  	  	  	  	  	  	
808

	  	  
	
247

	  	  	  	  	  	  	  	
764

	  	  

 

	
KEY

	
Most Recent FICO

Method

	
VantageScore:

Primary Borrower

	
VantageScore: Co-

Borrower

	
Most Recent

VantageScore

Method

	
VantageScore Date

	
Credit Report:

Longest Trade Line

	
Credit Report:

Maximum Trade

Line

	
Credit Report:

Number of Trade

Lines

	
Credit Line Usage

Ratio

	
Most Recent 12-

month Pay History

	
1

	  	  	  	  	  	  	  	  	  	
000000000000

	
2

	  	  	  	  	  	  	  	  	  	
000000000000

	
3

	  	  	  	  	  	  	  	  	  	
000000000000

	
4

	  	  	  	  	  	  	  	  	  	
000000000000

	
5

	  	  	  	  	  	  	  	  	  	
000000000000

	
6

	  	  	  	  	  	  	  	  	  	
000000000000

	
7

	  	  	  	  	  	  	  	  	  	
000000000000

	
8

	  	  	  	  	  	  	  	  	  	
000000000000

	
9

	  	  	  	  	  	  	  	  	  	
000000000000

	
10

	  	  	  	  	  	  	  	  	  	
000000000000

	
11

	  	  	  	  	  	  	  	  	  	
000000000000

	
12

	  	  	  	  	  	  	  	  	  	
000000000000

	
13

	  	  	  	  	  	  	  	  	  	
000000000000

	
14

	  	  	  	  	  	  	  	  	  	
000000000000

	
15

	  	  	  	  	  	  	  	  	  	
000000000000

	
16

	  	  	  	  	  	  	  	  	  	
000000000000

	
17

	  	  	  	  	  	  	  	  	  	
000000000000

	
18

	  	  	  	  	  	  	  	  	  	
000000000000

	
19

	  	  	  	  	  	  	  	  	  	
000000000000

	
20

	  	  	  	  	  	  	  	  	  	
000000000000

	
21

	  	  	  	  	  	  	  	  	  	
000000000000

	
22

	  	  	  	  	  	  	  	  	  	
000000000000

	
23

	  	  	  	  	  	  	  	  	  	
000000000000

	
24

	  	  	  	  	  	  	  	  	  	
000000000000

	
25

	  	  	  	  	  	  	  	  	  	
000000000000

	
26

	  	  	  	  	  	  	  	  	  	
000000000000

	
27

	  	  	  	  	  	  	  	  	  	
000000000000

	
28

	  	  	  	  	  	  	  	  	  	
000000000000

	
29

	  	  	  	  	  	  	  	  	  	
000000000000

	
30

	  	  	  	  	  	  	  	  	  	
000000000000

	
31

	  	  	  	  	  	  	  	  	  	
000000000000

	
32

	  	  	  	  	  	  	  	  	  	
000000000000

	
33

	  	  	  	  	  	  	  	  	  	
000000000000

	
34

	  	  	  	  	  	  	  	  	  	
000000000000

	
35

	  	  	  	  	  	  	  	  	  	
000000000000

	
36

	  	  	  	  	  	  	  	  	  	
000000000000

	
37

	  	  	  	  	  	  	  	  	  	
000000000000

	
38

	  	  	  	  	  	  	  	  	  	
000000000000

	
39

	  	  	  	  	  	  	  	  	  	
000000000000

	
40

	  	  	  	  	  	  	  	  	  	
000000000000

	
41

	  	  	  	  	  	  	  	  	  	
000000000000

	
42

	  	  	  	  	  	  	  	  	  	
000000000000

	
43

	  	  	  	  	  	  	  	  	  	
000000000000

	
44

	  	  	  	  	  	  	  	  	  	
000000000000

	
45

	  	  	  	  	  	  	  	  	  	
000000000000

	
46

	  	  	  	  	  	  	  	  	  	
000000000000

	
47

	  	  	  	  	  	  	  	  	  	
000000000000

	
48

	  	  	  	  	  	  	  	  	  	
000000000000

	
49

	  	  	  	  	  	  	  	  	  	
000000000000

	
50

	  	  	  	  	  	  	  	  	  	
000000000000

	
51

	  	  	  	  	  	  	  	  	  	
000000000000

	
52

	  	  	  	  	  	  	  	  	  	
000000000000

	
53

	  	  	  	  	  	  	  	  	  	
000000000000

	
54

	  	  	  	  	  	  	  	  	  	
000000000000

	
55

	  	  	  	  	  	  	  	  	  	
000000000000

	
56

	  	  	  	  	  	  	  	  	  	
000000000000

	
57

	  	  	  	  	  	  	  	  	  	
000000000000

	
58

	  	  	  	  	  	  	  	  	  	
000000000000

	
59

	  	  	  	  	  	  	  	  	  	
000000000000

	
60

	  	  	  	  	  	  	  	  	  	
000000000000

	
61

	  	  	  	  	  	  	  	  	  	
000000000000

	
62

	  	  	  	  	  	  	  	  	  	
000000000000

	
63

	  	  	  	  	  	  	  	  	  	
000000000000

	
64

	  	  	  	  	  	  	  	  	  	
000000000000

	
65

	  	  	  	  	  	  	  	  	  	
000000000000

	
66

	  	  	  	  	  	  	  	  	  	
000000000000

	
67

	  	  	  	  	  	  	  	  	  	
000000000000

	
68

	  	  	  	  	  	  	  	  	  	
000000000000

	
69

	  	  	  	  	  	  	  	  	  	
000000000000

	
70

	  	  	  	  	  	  	  	  	  	
000000000000

	
71

	  	  	  	  	  	  	  	  	  	
000000000000

	
72

	  	  	  	  	  	  	  	  	  	
000000000000

	
73

	  	  	  	  	  	  	  	  	  	
000000000000

	
74

	  	  	  	  	  	  	  	  	  	
000000000000

	
75

	  	  	  	  	  	  	  	  	  	
000000000000

	
76

	  	  	  	  	  	  	  	  	  	
000000000000

	
77

	  	  	  	  	  	  	  	  	  	
000000000000

	
78

	  	  	  	  	  	  	  	  	  	
000000000000

	
79

	  	  	  	  	  	  	  	  	  	
000000000000

	
80

	  	  	  	  	  	  	  	  	  	
000000000000

	
81

	  	  	  	  	  	  	  	  	  	
000000000000

	
82

	  	  	  	  	  	  	  	  	  	
000000000000

	
83

	  	  	  	  	  	  	  	  	  	
000000000000

	
84

	  	  	  	  	  	  	  	  	  	
000000000000

	
85

	  	  	  	  	  	  	  	  	  	
000000000000

	
86

	  	  	  	  	  	  	  	  	  	
000000000000

	
87

	  	  	  	  	  	  	  	  	  	
000000000000

	
88

	  	  	  	  	  	  	  	  	  	
000000000000

	
89

	  	  	  	  	  	  	  	  	  	
000000000000

	
90

	  	  	  	  	  	  	  	  	  	
000000000000

	
91

	  	  	  	  	  	  	  	  	  	
000000000000

	
92

	  	  	  	  	  	  	  	  	  	
000000000000

	
93

	  	  	  	  	  	  	  	  	  	
000000000000

	
94

	  	  	  	  	  	  	  	  	  	
000000000000

	
95

	  	  	  	  	  	  	  	  	  	
000000000000

	
96

	  	  	  	  	  	  	  	  	  	
000000000000

	
97

	  	  	  	  	  	  	  	  	  	
000000000000

	
98

	  	  	  	  	  	  	  	  	  	
000000000000

	
99

	  	  	  	  	  	  	  	  	  	
000000000000

	
100

	  	  	  	  	  	  	  	  	  	
000000000000

	
101

	  	  	  	  	  	  	  	  	  	
000000000000

	
102

	  	  	  	  	  	  	  	  	  	
000000000000

	
103

	  	  	  	  	  	  	  	  	  	
000000000000

	
104

	  	  	  	  	  	  	  	  	  	
000000000000

	
105

	  	  	  	  	  	  	  	  	  	
000000000000

	
106

	  	  	  	  	  	  	  	  	  	
000000000000

	
107

	  	  	  	  	  	  	  	  	  	
000000000000

	
108

	  	  	  	  	  	  	  	  	  	
000000000000

	
109

	  	  	  	  	  	  	  	  	  	
000000000000

	
110

	  	  	  	  	  	  	  	  	  	
000000000000

	
111

	  	  	  	  	  	  	  	  	  	
000000000000

	
112

	  	  	  	  	  	  	  	  	  	
000000000000

	
113

	  	  	  	  	  	  	  	  	  	
000000000000

	
114

	  	  	  	  	  	  	  	  	  	
000000000000

	
115

	  	  	  	  	  	  	  	  	  	
000000000000

	
116

	  	  	  	  	  	  	  	  	  	
000000000000

	
117

	  	  	  	  	  	  	  	  	  	
000000000000

	
118

	  	  	  	  	  	  	  	  	  	
000000000000

	
119

	  	  	  	  	  	  	  	  	  	
000000000000

	
120

	  	  	  	  	  	  	  	  	  	
000000000000

	
121

	  	  	  	  	  	  	  	  	  	
000000000000

	
122

	  	  	  	  	  	  	  	  	  	
000000000000

	
123

	  	  	  	  	  	  	  	  	  	
000000000000

	
124

	  	  	  	  	  	  	  	  	  	
000000000000

	
125

	  	  	  	  	  	  	  	  	  	
000000000000

	
126

	  	  	  	  	  	  	  	  	  	
000000000000

	
127

	  	  	  	  	  	  	  	  	  	
000000000000

	
128

	  	  	  	  	  	  	  	  	  	
000000000000

	
129

	  	  	  	  	  	  	  	  	  	
000000000000

	
130

	  	  	  	  	  	  	  	  	  	
000000000000

	
131

	  	  	  	  	  	  	  	  	  	
000000000000

	
132

	  	  	  	  	  	  	  	  	  	
000000000000

	
133

	  	  	  	  	  	  	  	  	  	
000000000000

	
134

	  	  	  	  	  	  	  	  	  	
000000000000

	
135

	  	  	  	  	  	  	  	  	  	
000000000000

	
136

	  	  	  	  	  	  	  	  	  	
000000000000

	
137

	  	  	  	  	  	  	  	  	  	
000000000000

	
138

	  	  	  	  	  	  	  	  	  	
000000000000

	
139

	  	  	  	  	  	  	  	  	  	
000000000000

	
140

	  	  	  	  	  	  	  	  	  	
000000000000

	
141

	  	  	  	  	  	  	  	  	  	
000000000000

	
142

	  	  	  	  	  	  	  	  	  	
000000000000

	
143

	  	  	  	  	  	  	  	  	  	
000000000000

	
144

	  	  	  	  	  	  	  	  	  	
000000000000

	
145

	  	  	  	  	  	  	  	  	  	
000000000000

	
146

	  	  	  	  	  	  	  	  	  	
000000000000

	
147

	  	  	  	  	  	  	  	  	  	
000000000000

	
148

	  	  	  	  	  	  	  	  	  	
000000000000

	
149

	  	  	  	  	  	  	  	  	  	
000000000000

	
150

	  	  	  	  	  	  	  	  	  	
000000000000

	
151

	  	  	  	  	  	  	  	  	  	
000000000000

	
152

	  	  	  	  	  	  	  	  	  	
000000000000

	
153

	  	  	  	  	  	  	  	  	  	
000000000000

	
154

	  	  	  	  	  	  	  	  	  	
000000000000

	
155

	  	  	  	  	  	  	  	  	  	
000000000000

	
156

	  	  	  	  	  	  	  	  	  	
000000000000

	
157

	  	  	  	  	  	  	  	  	  	
000000000000

	
158

	  	  	  	  	  	  	  	  	  	
000000000000

	
159

	  	  	  	  	  	  	  	  	  	
000000000000

	
160

	  	  	  	  	  	  	  	  	  	
000000000000

	
161

	  	  	  	  	  	  	  	  	  	
000000000000

	
162

	  	  	  	  	  	  	  	  	  	
000000000000

	
163

	  	  	  	  	  	  	  	  	  	
000000000000

	
164

	  	  	  	  	  	  	  	  	  	
000000000000

	
165

	  	  	  	  	  	  	  	  	  	
000000000000

	
166

	  	  	  	  	  	  	  	  	  	
000000000000

	
167

	  	  	  	  	  	  	  	  	  	
000000000000

	
168

	  	  	  	  	  	  	  	  	  	
000000000000

	
169

	  	  	  	  	  	  	  	  	  	
000000000000

	
170

	  	  	  	  	  	  	  	  	  	
000000000000

	
171

	  	  	  	  	  	  	  	  	  	
000000000000

	
172

	  	  	  	  	  	  	  	  	  	
000000000000

	
173

	  	  	  	  	  	  	  	  	  	
000000000000

	
174

	  	  	  	  	  	  	  	  	  	
000000000000

	
175

	  	  	  	  	  	  	  	  	  	
000000000000

	
176

	  	  	  	  	  	  	  	  	  	
000000000000

	
177

	  	  	  	  	  	  	  	  	  	
000000000000

	
178

	  	  	  	  	  	  	  	  	  	
000000000000

	
179

	  	  	  	  	  	  	  	  	  	
000000000000

	
180

	  	  	  	  	  	  	  	  	  	
000000000000

	
181

	  	  	  	  	  	  	  	  	  	
000000000000

	
182

	  	  	  	  	  	  	  	  	  	
000000000000

	
183

	  	  	  	  	  	  	  	  	  	
000000000000

	
184

	  	  	  	  	  	  	  	  	  	
000000000000

	
185

	  	  	  	  	  	  	  	  	  	
000000000000

	
186

	  	  	  	  	  	  	  	  	  	
000000000000

	
187

	  	  	  	  	  	  	  	  	  	
000000000000

	
188

	  	  	  	  	  	  	  	  	  	
000000000000

	
189

	  	  	  	  	  	  	  	  	  	
000000000000

	
190

	  	  	  	  	  	  	  	  	  	
000000000000

	
191

	  	  	  	  	  	  	  	  	  	
000000000000

	
192

	  	  	  	  	  	  	  	  	  	
000000000000

	
193

	  	  	  	  	  	  	  	  	  	
000000000000

	
194

	  	  	  	  	  	  	  	  	  	
000000000000

	
195

	  	  	  	  	  	  	  	  	  	
000000000000

	
196

	  	  	  	  	  	  	  	  	  	
000000000000

	
197

	  	  	  	  	  	  	  	  	  	
000000000000

	
198

	  	  	  	  	  	  	  	  	  	
000000000000

	
199

	  	  	  	  	  	  	  	  	  	
000000000000

	
200

	  	  	  	  	  	  	  	  	  	
000000000000

	
201

	  	  	  	  	  	  	  	  	  	
000000000000

	
202

	  	  	  	  	  	  	  	  	  	
000000000000

	
203

	  	  	  	  	  	  	  	  	  	
000000000000

	
204

	  	  	  	  	  	  	  	  	  	
000000000000

	
205

	  	  	  	  	  	  	  	  	  	
000000000000

	
206

	  	  	  	  	  	  	  	  	  	
000000000000

	
207

	  	  	  	  	  	  	  	  	  	
000000000000

	
208

	  	  	  	  	  	  	  	  	  	
000000000000

	
209

	  	  	  	  	  	  	  	  	  	
000000000000

	
210

	  	  	  	  	  	  	  	  	  	
000000000000

	
211

	  	  	  	  	  	  	  	  	  	
000000000000

	
212

	  	  	  	  	  	  	  	  	  	
000000000000

	
213

	  	  	  	  	  	  	  	  	  	
000000000000

	
214

	  	  	  	  	  	  	  	  	  	
000000000000

	
215

	  	  	  	  	  	  	  	  	  	
000000000000

	
216

	  	  	  	  	  	  	  	  	  	
000000000000

	
217

	  	  	  	  	  	  	  	  	  	
000000000000

	
218

	  	  	  	  	  	  	  	  	  	
000000000000

	
219

	  	  	  	  	  	  	  	  	  	
000000000000

	
220

	  	  	  	  	  	  	  	  	  	
000000000000

	
221

	  	  	  	  	  	  	  	  	  	
000000000000

	
222

	  	  	  	  	  	  	  	  	  	
000000000000

	
223

	  	  	  	  	  	  	  	  	  	
000000000000

	
224

	  	  	  	  	  	  	  	  	  	
000000000000

	
225

	  	  	  	  	  	  	  	  	  	
000000000000

	
226

	  	  	  	  	  	  	  	  	  	
000000000000

	
227

	  	  	  	  	  	  	  	  	  	
000000000000

	
228

	  	  	  	  	  	  	  	  	  	
000000000000

	
229

	  	  	  	  	  	  	  	  	  	
000000000000

	
230

	  	  	  	  	  	  	  	  	  	
000000000000

	
231

	  	  	  	  	  	  	  	  	  	
000000000000

	
232

	  	  	  	  	  	  	  	  	  	
000000000000

	
233

	  	  	  	  	  	  	  	  	  	
000000000000

	
234

	  	  	  	  	  	  	  	  	  	
000000000000

	
235

	  	  	  	  	  	  	  	  	  	
000000000000

	
236

	  	  	  	  	  	  	  	  	  	
000000000000

	
237

	  	  	  	  	  	  	  	  	  	
000000000000

	
238

	  	  	  	  	  	  	  	  	  	
000000000000

	
239

	  	  	  	  	  	  	  	  	  	
000000000000

	
240

	  	  	  	  	  	  	  	  	  	
000000000000

	
241

	  	  	  	  	  	  	  	  	  	
000000000000

	
242

	  	  	  	  	  	  	  	  	  	
000000000000

	
243

	  	  	  	  	  	  	  	  	  	
000000000000

	
244

	  	  	  	  	  	  	  	  	  	
000000000000

	
245

	  	  	  	  	  	  	  	  	  	
000000000000

	
246

	  	  	  	  	  	  	  	  	  	
000000000000

	
247

	  	  	  	  	  	  	  	  	  	
000000000000

 

	
KEY

	
Months Bankruptcy

	
Months Foreclosure

	
Primary Borrower

Wage Income

	
Co-Borrower Wage

Income

	
Primary Borrower

Other Income

	
Co-Borrower Other

Income

	
All Borrower Wage

Income

	
All Borrower Total

Income

	
4506-T Indicator

	
Borrower Income

Verification Level

	
1

	  	  	
0.00

	
0.00

	
0.00

	
314750.33

	
0.00

	
314750.33

	
N

	
5

	
2

	  	  	
0.00

	
14415.01

	
1620.17

	
0.00

	
14415.01

	
16035.18

	
N

	
5

	
3

	  	  	
10000.00

	
13415.42

	
0.00

	
0.00

	
23415.42

	
23415.42

	
N

	
5

	
4

	  	  	
10308.96

	
1671.63

	
18.25

	
-27.25

	
10838.21

	
11971.59

	
N

	
5

	
5

	  	  	
0.00

	
0.00

	
35149.00

	
0.00

	
0.00

	
35149.00

	
N

	
5

	
6

	  	  	
25921.83

	
16869.33

	
181.33

	
0.00

	
42791.16

	
42972.49

	
N

	
5

	
7

	  	  	
19167.00

	
-1879.92

	
2368.00

	
0.00

	
17287.08

	
19655.08

	
N

	
4

	
8

	  	  	
11704.33

	
3942.17

	
0.00

	
0.00

	
15646.50

	
15646.50

	
N

	
5

	
9

	  	  	
9250.00

	
6250.00

	
753.35

	
0.00

	
15500.00

	
16253.35

	
N

	
5

	
10

	  	  	
619.83

	
0.00

	
4348.33

	
0.00

	
619.83

	
4968.16

	
N

	
5

	
11

	  	  	
16137.00

	
0.00

	
0.00

	
0.00

	
16137.00

	
16137.00

	
N

	
5

	
12

	  	  	
29166.67

	
0.00

	
0.00

	
0.00

	
25000.00

	
29166.67

	
N

	
5

	
13

	  	  	
21162.79

	
2885.55

	
0.00

	
0.00

	
24048.34

	
24048.34

	
N

	
5

	
14

	  	  	
2222.33

	
0.00

	
3727.92

	
0.00

	
2222.33

	
5950.25

	
N

	
4

	
15

	  	  	
16938.00

	
0.00

	
538.00

	
0.00

	
13213.00

	
17476.00

	
N

	
5

	
16

	  	  	
6548.00

	
3481.00

	
1866.00

	
0.00

	
10029.00

	
11895.00

	
N

	
5

	
17

	  	  	
7060.84

	
0.00

	
0.00

	
0.00

	
7060.84

	
7060.84

	
N

	
5

	
18

	  	  	
18403.68

	
0.00

	
0.00

	
0.00

	
15416.68

	
18403.68

	
N

	
5

	
19

	  	  	
14166.00

	
0.00

	
0.00

	
0.00

	
14166.00

	
14166.00

	
N

	
5

	
20

	  	  	
6877.80

	
0.00

	
3043.17

	
0.00

	
6877.80

	
9920.97

	
N

	
4

	
21

	  	  	
0.00

	
0.00

	
10290.63

	
0.00

	
0.00

	
10290.63

	
N

	
5

	
22

	  	  	
15000.00

	
0.00

	
0.00

	
0.00

	
15000.00

	
15000.00

	
N

	
5

	
23

	  	  	
7437.50

	
0.00

	
2565.33

	
4506.25

	
7437.50

	
14509.08

	
N

	
4

	
24

	  	  	
25418.67

	
0.00

	
0.00

	
0.00

	
25418.67

	
25418.67

	
N

	
5

	
25

	  	  	
12500.00

	
0.00

	
0.00

	
2786.92

	
12500.00

	
15286.92

	
N

	
4

	
26

	  	  	
27501.45

	
0.00

	
0.00

	
0.00

	
27501.45

	
27501.45

	
N

	
5

	
27

	  	  	
9516.00

	
7014.33

	
100.00

	
1767.00

	
11096.00

	
18397.33

	
N

	
4

	
28

	  	  	
8000.00

	
3500.00

	
6166.67

	
0.00

	
11500.00

	
17666.67

	
N

	
5

	
29

	  	  	
0.00

	
0.00

	
50377.67

	
0.00

	
0.00

	
50377.67

	
N

	
5

	
30

	  	  	
59242.29

	
0.00

	
0.00

	
0.00

	
59242.29

	
59242.29

	
N

	
5

	
31

	  	  	
10675.75

	
0.00

	
68.04

	
0.00

	
10675.75

	
10743.79

	
N

	
5

	
32

	  	  	
52117.25

	
0.00

	
0.00

	
0.00

	
52117.25

	
52117.25

	
N

	
5

	
33

	  	  	
0.00

	
0.00

	
51304.83

	
0.00

	
0.00

	
51304.83

	
N

	
5

	
34

	  	  	
7857.00

	
0.00

	
3536.17

	
0.00

	
7857.00

	
11393.17

	
N

	
4

	
35

	  	  	
0.00

	
0.00

	
41758.00

	
0.00

	
0.00

	
41758.00

	
N

	
4

	
36

	  	  	
16214.60

	
0.00

	
0.00

	
0.00

	
14973.60

	
16214.60

	
N

	
5

	
37

	  	  	
11603.73

	
0.00

	
0.00

	
0.00

	
11603.73

	
11603.73

	
N

	
5

	
38

	  	  	
8601.00

	
0.00

	
-1076.83

	
0.00

	
8601.00

	
7524.17

	
N

	
5

	
39

	  	  	
2942.27

	
0.00

	
0.00

	
0.00

	
2942.27

	
2942.27

	
N

	
5

	
40

	  	  	
10148.75

	
3416.00

	
16666.00

	
0.00

	
13564.75

	
30230.75

	
N

	
5

	
41

	  	  	
0.00

	
4325.00

	
4711.00

	
0.00

	
4325.00

	
9036.00

	
N

	
5

	
42

	  	  	
104166.00

	
0.00

	
0.00

	
0.00

	
104166.00

	
104166.00

	
N

	
5

	
43

	  	  	
7158.00

	
0.00

	
125.00

	
0.00

	
7158.00

	
7283.00

	
N

	
5

	
44

	  	  	
35952.10

	
0.00

	
0.00

	
0.00

	
23166.68

	
35952.10

	
N

	
5

	
45

	  	  	
0.00

	
0.00

	
3071.32

	
964.00

	
0.00

	
4035.32

	
N

	
5

	
46

	  	  	
22500.00

	
0.00

	
0.00

	
0.00

	
10500.00

	
22500.00

	
N

	
5

	
47

	  	  	
47197.13

	
0.00

	
2928.46

	
0.00

	
47197.13

	
50125.59

	
N

	
5

	
48

	  	  	
0.00

	
5319.00

	
22283.00

	
3820.00

	
5319.00

	
31422.00

	
N

	
4

	
49

	  	  	
0.00

	
0.00

	
3780.17

	
0.00

	
0.00

	
3780.17

	
N

	
4

	
50

	  	  	
0.00

	
0.00

	
27472.00

	
0.00

	
0.00

	
27472.00

	
N

	
5

	
51

	  	  	
0.00

	
0.00

	
20297.92

	
0.00

	
0.00

	
20297.92

	
N

	
4

	
52

	  	  	
0.00

	
0.00

	
22856.75

	
0.00

	
0.00

	
22856.75

	
N

	
4

	
53

	  	  	
6666.67

	
0.00

	
812.50

	
0.00

	
6666.67

	
7479.17

	
N

	
5

	
54

	  	  	
0.00

	
0.00

	
206384.04

	
0.00

	
0.00

	
206384.04

	
N

	
4

	
55

	  	  	
0.00

	
0.00

	
40898.08

	
0.00

	
0.00

	
40898.08

	
N

	
4

	
56

	  	  	
0.00

	
48613.00

	
13440.00

	
0.00

	
48613.00

	
62053.00

	
N

	
4

	
57

	  	  	
0.00

	
0.00

	
159441.42

	
0.00

	
0.00

	
159441.42

	
N

	
5

	
58

	  	  	
20545.19

	
0.00

	
0.00

	
0.00

	
20545.19

	
20545.19

	
N

	
5

	
59

	  	  	
0.00

	
0.00

	
2977.00

	
0.00

	
0.00

	
2977.00

	
N

	
5

	
60

	  	  	
166666.67

	
0.00

	
0.00

	
0.00

	
166666.67

	
166666.67

	
N

	
5

	
61

	  	  	
20833.34

	
0.00

	
3481.00

	
0.00

	
16666.67

	
24314.34

	
N

	
5

	
62

	  	  	
0.00

	
0.00

	
45786.38

	
0.00

	
0.00

	
45786.38

	
N

	
5

	
63

	  	  	
20833.00

	
0.00

	
0.00

	
0.00

	
20833.00

	
20833.00

	
N

	
5

	
64

	  	  	
0.00

	
0.00

	
23951.00

	
0.00

	
0.00

	
23951.00

	
N

	
4

	
65

	  	  	
27750.43

	
0.00

	
0.00

	
0.00

	
27750.43

	
27750.43

	
N

	
5

	
66

	  	  	
0.00

	
0.00

	
36788.00

	
0.00

	
0.00

	
36788.00

	
N

	
5

	
67

	  	  	
0.00

	
0.00

	
21744.67

	
0.00

	
0.00

	
21744.67

	
N

	
5

	
68

	  	  	
0.00

	
0.00

	
14975.25

	
0.00

	
0.00

	
14975.25

	
N

	
5

	
69

	  	  	
16667.00

	
0.00

	
17841.00

	
0.00

	
16667.00

	
34508.00

	
N

	
5

	
70

	  	  	
64129.58

	
0.00

	
0.00

	
0.00

	
64129.58

	
64129.58

	
N

	
5

	
71

	  	  	
18000.00

	
0.00

	
21658.01

	
0.00

	
18000.00

	
39658.01

	
N

	
4

	
72

	  	  	
44978.00

	
0.00

	
0.00

	
0.00

	
24187.00

	
44978.00

	
N

	
5

	
73

	  	  	
0.00

	
0.00

	
35354.10

	
0.00

	
0.00

	
35354.10

	
N

	
4

	
74

	  	  	
136939.00

	
0.00

	
0.00

	
0.00

	
25000.00

	
136939.00

	
N

	
4

	
75

	  	  	
37500.00

	
0.00

	
0.00

	
0.00

	
37500.00

	
37500.00

	
N

	
5

	
76

	  	  	
22375.00

	
2250.00

	
0.00

	
0.00

	
24625.00

	
24625.00

	
N

	
4

	
77

	  	  	
12180.00

	
8152.00

	
0.00

	
0.00

	
20332.00

	
20332.00

	
N

	
5

	
78

	  	  	
0.00

	
0.00

	
12180.00

	
8152.00

	
0.00

	
20332.00

	
N

	
5

	
79

	  	  	
6250.00

	
0.00

	
0.00

	
0.00

	
6250.00

	
6250.00

	
N

	
5

	
80

	  	  	
0.00

	
0.00

	
28904.08

	
0.00

	
0.00

	
28904.08

	
N

	
5

	
81

	  	  	
0.00

	
0.00

	
53266.58

	
0.00

	
0.00

	
53266.58

	
N

	
4

	
82

	  	  	
51960.92

	
0.00

	
0.00

	
0.00

	
21408.42

	
51960.92

	
N

	
5

	
83

	  	  	
40306.09

	
0.00

	
0.00

	
0.00

	
24162.34

	
40306.09

	
N

	
5

	
84

	  	  	
0.00

	
3333.00

	
11262.00

	
0.00

	
3333.00

	
14595.00

	
N

	
4

	
85

	  	  	
21016.00

	
0.00

	
801.83

	
0.00

	
21016.00

	
21817.83

	
N

	
5

	
86

	  	  	
0.00

	
0.00

	
47507.70

	
0.00

	
0.00

	
47507.70

	
N

	
4

	
87

	  	  	
44672.00

	
0.00

	
0.00

	
0.00

	
44672.00

	
44672.00

	
N

	
5

	
88

	  	  	
15487.00

	
0.00

	
1449.00

	
0.00

	
15487.00

	
16936.00

	
N

	
5

	
89

	  	  	
0.00

	
0.00

	
32862.08

	
0.00

	
0.00

	
32862.08

	
N

	
4

	
90

	  	  	
15000.00

	
0.00

	
0.00

	
11368.00

	
12500.00

	
26368.00

	
N

	
5

	
91

	  	  	
44469.16

	
0.00

	
0.00

	
0.00

	
29885.83

	
44469.16

	
N

	
5

	
92

	  	  	
6750.00

	
9231.00

	
1371.43

	
0.00

	
15981.00

	
17352.43

	
N

	
5

	
93

	  	  	
24948.00

	
0.00

	
13787.50

	
0.00

	
24948.00

	
38735.50

	
N

	
4

	
94

	  	  	
0.00

	
0.00

	
20128.00

	
0.00

	
0.00

	
20128.00

	
N

	
4

	
95

	  	  	
16666.00

	
0.00

	
27000.00

	
0.00

	
16666.00

	
43666.00

	
N

	
5

	
96

	  	  	
0.00

	
0.00

	
7066.79

	
3750.00

	
0.00

	
10816.79

	
N

	
4

	
97

	  	  	
39000.00

	
12065.00

	
0.00

	
479.75

	
51065.00

	
51544.75

	
N

	
5

	
98

	  	  	
88380.00

	
0.00

	
0.00

	
0.00

	
88380.00

	
88380.00

	
N

	
4

	
99

	  	  	
60387.34

	
0.00

	
0.00

	
0.00

	
60387.34

	
60387.34

	
N

	
4

	
100

	  	  	
32414.34

	
0.00

	
0.00

	
0.00

	
32414.34

	
32414.34

	
N

	
5

	
101

	  	  	
42308.00

	
0.00

	
458.84

	
0.00

	
42308.00

	
42766.84

	
N

	
5

	
102

	  	  	
0.00

	
0.00

	
36827.17

	
0.00

	
0.00

	
36827.17

	
N

	
5

	
103

	  	  	
5515.92

	
0.00

	
1152.61

	
0.00

	
5515.92

	
6668.53

	
N

	
5

	
104

	  	  	
0.00

	
0.00

	
30936.25

	
0.00

	
0.00

	
30936.25

	
N

	
4

	
105

	  	  	
7743.94

	
14583.34

	
0.00

	
0.00

	
22327.28

	
22327.28

	
N

	
5

	
106

	  	  	
19166.67

	
8952.42

	
9414.33

	
0.00

	
28119.09

	
37533.42

	
N

	
4

	
107

	  	  	
15000.00

	
3333.00

	
0.00

	
500.00

	
18333.00

	
18833.00

	
N

	
5

	
108

	  	  	
37916.67

	
10000.00

	
12916.67

	
0.00

	
47916.67

	
60833.34

	
N

	
4

	
109

	  	  	
7083.34

	
2916.67

	
5266.51

	
2644.83

	
10000.01

	
17911.35

	
N

	
4

	
110

	  	  	
14583.00

	
0.00

	
7019.00

	
0.00

	
14583.00

	
21602.00

	
N

	
5

	
111

	  	  	
41666.00

	
0.00

	
0.00

	
0.00

	
16666.00

	
41666.00

	
N

	
5

	
112

	  	  	
2515.75

	
0.00

	
1334.00

	
0.00

	
2515.75

	
3849.75

	
N

	
5

	
113

	  	  	
0.00

	
7583.34

	
9543.58

	
0.00

	
7583.34

	
17126.92

	
N

	
4

	
114

	  	  	
18750.00

	
0.00

	
0.00

	
0.00

	
18750.00

	
18750.00

	
N

	
5

	
115

	  	  	
22745.85

	
0.00

	
0.00

	
0.00

	
22745.85

	
22745.85

	
N

	
5

	
116

	  	  	
28023.50

	
0.00

	
0.00

	
0.00

	
28023.50

	
28023.50

	
N

	
5

	
117

	  	  	
0.00

	
0.00

	
15610.62

	
0.00

	
0.00

	
15610.62

	
N

	
4

	
118

	  	  	
0.00

	
0.00

	
64653.00

	
0.00

	
0.00

	
64653.00

	
N

	
5

	
119

	  	  	
0.00

	
0.00

	
14035.88

	
0.00

	
0.00

	
14035.88

	
N

	
5

	
120

	  	  	
19565.64

	
9166.68

	
2378.17

	
0.00

	
28732.32

	
31110.49

	
N

	
5

	
121

	  	  	
7083.34

	
3708.34

	
0.00

	
0.00

	
10791.68

	
10791.68

	
N

	
5

	
122

	  	  	
0.00

	
24884.09

	
36029.22

	
0.00

	
24884.09

	
60913.31

	
N

	
4

	
123

	  	  	
16916.67

	
17091.67

	
0.00

	
0.00

	
34008.34

	
34008.34

	
N

	
5

	
124

	  	  	
0.00

	
0.00

	
57213.42

	
0.00

	
0.00

	
57213.42

	
N

	
4

	
125

	  	  	
0.00

	
0.00

	
10311.33

	
0.00

	
0.00

	
10311.33

	
N

	
4

	
126

	  	  	
16667.00

	
12552.00

	
0.00

	
0.00

	
29219.00

	
29219.00

	
N

	
5

	
127

	  	  	
0.00

	
0.00

	
9161.61

	
0.00

	
0.00

	
9161.61

	
N

	
5

	
128

	  	  	
47500.00

	
0.00

	
0.00

	
0.00

	
37500.00

	
47500.00

	
N

	
5

	
129

	  	  	
0.00

	
0.00

	
45000.00

	
0.00

	
0.00

	
45000.00

	
N

	
4

	
130

	  	  	
0.00

	
0.00

	
26134.08

	
-3247.67

	
0.00

	
22886.41

	
N

	
4

	
131

	  	  	
0.00

	
0.00

	
39134.83

	
0.00

	
0.00

	
39134.83

	
N

	
5

	
132

	  	  	
0.00

	
6195.45

	
5261.75

	
0.00

	
6195.45

	
11457.20

	
N

	
5

	
133

	  	  	
25045.00

	
0.00

	
0.00

	
0.00

	
25045.00

	
25045.00

	
N

	
5

	
134

	  	  	
34541.00

	
0.00

	
0.00

	
0.00

	
34541.00

	
34541.00

	
N

	
5

	
135

	  	  	
100103.00

	
0.00

	
0.00

	
0.00

	
23958.00

	
100103.00

	
N

	
5

	
136

	  	  	
100103.34

	
0.00

	
0.00

	
0.00

	
23958.34

	
100103.34

	
N

	
5

	
137

	  	  	
11302.89

	
16962.17

	
945.64

	
0.00

	
28265.06

	
29210.70

	
N

	
5

	
138

	  	  	
36249.67

	
0.00

	
1756.14

	
0.00

	
16666.67

	
38005.81

	
N

	
5

	
139

	  	  	
75738.84

	
0.00

	
0.00

	
0.00

	
20833.34

	
75738.84

	
N

	
4

	
140

	  	  	
220775.17

	
0.00

	
0.00

	
0.00

	
24062.50

	
220775.17

	
N

	
4

	
141

	  	  	
92917.00

	
0.00

	
0.00

	
0.00

	
92917.00

	
92917.00

	
N

	
5

	
142

	  	  	
73155.35

	
0.00

	
0.00

	
0.00

	
73155.35

	
73155.35

	
N

	
4

	
143

	  	  	
6666.00

	  	
5997.00

	  	
6666.00

	
12663.00

	
N

	
5

	
144

	  	  	
4973.24

	  	
0.00

	  	
4973.24

	
4973.24

	
N

	
5

	
145

	  	  	
19983.25

	  	
0.00

	  	
19983.25

	
19983.25

	
N

	
5

	
146

	  	  	
0.00

	  	
11192.42

	  	
0.00

	
11192.42

	
N

	
5

	
147

	  	  	
11666.67

	  	
0.00

	  	
11666.67

	
11666.67

	
N

	
5

	
148

	  	  	
11666.67

	
0.00

	
34160.83

	
3338.42

	
11666.67

	
49165.92

	
N

	
5

	
149

	  	  	
0.00

	  	
6978.57

	  	
0.00

	
6978.57

	
N

	
5

	
150

	  	  	
8754.08

	  	
18961.21

	  	
8754.08

	
27715.29

	
N

	
4

	
151

	  	  	
3786.46

	  	
0.00

	  	
3786.46

	
3786.46

	
N

	
5

	
152

	  	  	
0.00

	  	
23805.45

	  	
0.00

	
23805.45

	
N

	
4

	
153

	  	  	
11158.00

	  	
0.00

	  	
11158.00

	
11158.00

	
N

	
5

	
154

	  	  	
0.00

	  	
1411291.00

	  	
0.00

	
1411291.00

	
N

	
4

	
155

	  	  	
39583.33

	  	
6592.40

	  	
39583.33

	
46175.73

	
N

	
5

	
156

	  	  	
137307.31

	  	
0.00

	  	
137307.31

	
137307.31

	
N

	
5

	
157

	  	  	
17506.10

	  	
6770.92

	  	
17506.10

	
24277.02

	
N

	
5

	
158

	  	  	
18750.00

	
0.00

	
435.00

	
2104.42

	
18750.00

	
21289.42

	
N

	
5

	
159

	  	  	
0.00

	  	
86508.00

	  	
0.00

	
86508.00

	
N

	
4

	
160

	  	  	
29167.00

	  	
0.00

	  	
29167.00

	
29167.00

	
N

	
5

	
161

	  	  	
35188.88

	  	
3351.08

	  	
35188.88

	
38539.96

	
N

	
4

	
162

	  	  	
10150.00

	
8750.00

	
530.25

	
0.00

	
18900.00

	
19430.25

	
N

	
5

	
163

	  	  	
6250.00

	
6250.00

	
10747.04

	
0.00

	
12500.00

	
23247.04

	
N

	
4

	
164

	  	  	
93760.46

	
0.00

	
1767.25

	
0.00

	
93760.46

	
95527.71

	
N

	
5

	
165

	  	  	
30184.03

	
2315.14

	
14447.56

	
0.00

	
32499.17

	
46946.73

	
N

	
4

	
166

	  	  	
60562.00

	
6500.00

	
36881.00

	
0.00

	
67062.00

	
103943.00

	
N

	
4

	
167

	  	  	
0.00

	
12895.69

	
8313.93

	
0.00

	
12895.69

	
21209.62

	
N

	
5

	
168

	  	  	
0.00

	
29477.24

	
4372.46

	
0.00

	
29477.24

	
33849.70

	
N

	
5

	
169

	  	  	
25000.00

	  	
10047.45

	  	
25000.00

	
35047.45

	
N

	
5

	
170

	  	  	
0.00

	
0.00

	
28664.94

	
9180.66

	
0.00

	
37845.60

	
N

	
4

	
171

	  	  	
41290.00

	
8333.00

	
0.00

	
0.00

	
49623.00

	
49623.00

	
N

	
5

	
172

	  	  	
22231.92

	
11823.75

	
2119.07

	
0.00

	
34055.67

	
36174.74

	
N

	
4

	
173

	  	  	
9269.24

	  	
3098.25

	  	
9269.24

	
12367.49

	
N

	
5

	
174

	  	  	
8333.33

	  	
16394.51

	  	
8333.33

	
24727.84

	
N

	
4

	
175

	  	  	
13333.33

	
15369.54

	
1666.67

	
1666.67

	
28702.87

	
32036.21

	
N

	
5

	
176

	  	  	
0.00

	  	
40967.48

	  	
0.00

	
40967.48

	
N

	
4

	
177

	  	  	
23096.09

	  	
745.08

	  	
23096.09

	
23841.17

	
N

	
4

	
178

	  	  	
25000.00

	  	
0.00

	  	
25000.00

	
25000.00

	
N

	
5

	
179

	  	  	
19166.67

	  	
0.00

	  	
19166.67

	
19166.67

	
N

	
5

	
180

	  	  	
9696.00

	  	
0.00

	  	
9696.00

	
9696.00

	
N

	
5

	
181

	  	  	
0.00

	
2500.00

	
9334.48

	
1624.00

	
2500.00

	
13458.48

	
N

	
5

	
182

	  	  	
0.00

	
5913.12

	
29688.00

	
0.00

	
5913.12

	
36046.00

	
N

	
5

	
183

	  	  	
22230.60

	
14917.20

	
0.00

	
0.00

	
37147.80

	
37147.80

	
N

	
5

	
184

	  	  	
18422.00

	
2720.00

	
-819.00

	
1773.00

	
21142.00

	
22096.00

	
N

	
4

	
185

	  	  	
17503.00

	  	
13948.00

	  	
17503.00

	
31451.00

	
N

	
5

	
186

	  	  	
31193.00

	
0.00

	
-3753.00

	
10495.00

	
31193.00

	
37935.00

	
N

	
5

	
187

	  	  	
2917.00

	  	
21271.00

	  	
2917.00

	
24188.00

	
N

	
5

	
188

	  	  	
192276.00

	  	
0.00

	  	
192276.00

	
192276.00

	
N

	
5

	
189

	  	  	
0.00

	  	
30997.00

	  	
0.00

	
30997.00

	
N

	
5

	
190

	  	  	
0.00

	  	
31795.00

	  	
0.00

	
31795.00

	
N

	
4

	
191

	  	  	
31380.00

	
7930.00

	
2004.00

	
0.00

	
39310.00

	
41314.00

	
N

	
5

	
192

	  	  	
18750.00

	  	
1297.00

	  	
18750.00

	
20047.00

	
N

	
5

	
193

	  	  	
10417.00

	  	
15492.00

	  	
10417.00

	
25909.00

	
N

	
5

	
194

	  	  	
14055.00

	  	
1144.75

	  	
14055.00

	
15199.75

	
N

	
4

	
195

	  	  	
12.00

	  	
13544.00

	  	
12.00

	
13556.00

	
N

	
4

	
196

	  	  	
17606.00

	
7078.00

	
0.00

	
0.00

	
24684.00

	
24684.00

	
N

	
4

	
197

	  	  	
4796.00

	
12023.00

	
0.00

	
0.00

	
16819.00

	
16819.00

	
N

	
4

	
198

	  	  	
18750.00

	  	
8333.00

	  	
18750.00

	
27083.00

	
N

	
5

	
199

	  	  	
21667.00

	  	
29530.00

	  	
21667.00

	
51197.00

	
N

	
5

	
200

	  	  	
16883.00

	  	
6141.00

	  	
16883.00

	
23024.00

	
N

	
5

	
201

	  	  	
10000.00

	
12950.00

	
2983.00

	
0.00

	
22950.00

	
25933.00

	
N

	
5

	
202

	  	  	
16689.00

	  	
5241.00

	  	
16689.00

	
21930.00

	
N

	
5

	
203

	  	  	
11834.00

	
4833.00

	
0.00

	
6591.00

	
16667.00

	
23258.00

	
N

	
5

	
204

	  	  	
139830.00

	  	
-4830.00

	  	
139830.00

	
135000.00

	
N

	
4

	
205

	  	  	
762.00

	
0.00

	
15172.39

	
1389.38

	
762.00

	
17323.77

	
N

	
5

	
206

	  	  	
17418.00

	
2917.00

	
556.00

	
0.00

	
20335.00

	
20891.00

	
N

	
5

	
207

	  	  	
25000.00

	  	
0.00

	  	
25000.00

	
25000.00

	
N

	
5

	
208

	  	  	
25846.00

	  	
8988.00

	  	
25846.00

	
34834.00

	
N

	
5

	
209

	  	  	
20904.80

	  	
-200.00

	  	
20904.80

	
20704.80

	
N

	
5

	
210

	  	  	
13750.00

	
20111.00

	
-1487.00

	
0.00

	
33861.00

	
32374.00

	
N

	
5

	
211

	  	  	
20833.00

	
7083.00

	
39022.00

	
0.00

	
27916.00

	
66938.00

	
N

	
5

	
212

	  	  	
4000.00

	
5022.77

	
11084.06

	
191.00

	
9022.77

	
20297.83

	
N

	
5

	
213

	  	  	
33026.00

	  	
-1836.00

	  	
33026.00

	
31190.00

	
N

	
4

	
214

	  	  	
15251.80

	
10416.68

	
0.00

	
0.00

	
25668.48

	
25668.48

	
N

	
5

	
215

	  	  	
27083.34

	
23125.00

	
-6843.00

	
0.00

	
50208.34

	
43365.34

	
N

	
5

	
216

	  	  	
25000.00

	  	
57692.00

	  	
25000.00

	
82692.00

	
N

	
5

	
217

	  	  	
80481.00

	
2000.00

	
0.00

	
0.00

	
82481.00

	
82481.00

	
N

	
4

	
218

	  	  	
19500.00

	
10690.33

	
0.00

	
0.00

	
30190.33

	
30190.33

	
N

	
5

	
219

	  	  	
2958.00

	
9094.83

	
2409.00

	
0.00

	
12052.83

	
14461.83

	
N

	
4

	
220

	  	  	
52658.00

	  	
0.00

	  	
52658.00

	
52658.00

	
N

	
4

	
221

	  	  	
0.00

	  	
10321.00

	  	
0.00

	
10321.00

	
N

	
5

	
222

	  	  	
33333.33

	  	
11921.00

	  	
33333.33

	
45254.33

	
N

	
5

	
223

	  	  	
25292.00

	  	
8524.00

	  	
25292.00

	
33816.00

	
N

	
4

	
224

	  	  	
20833.33

	
10833.33

	
0.00

	
0.00

	
31666.66

	
31666.66

	
N

	
5

	
225

	  	  	
5111.00

	
7916.67

	
0.00

	
18181.98

	
13027.67

	
31209.65

	
N

	
5

	
226

	  	  	
12083.32

	
11440.18

	
5340.46

	
-54.17

	
23523.50

	
28809.79

	
N

	
5

	
227

	  	  	
14579.00

	  	
2624.32

	  	
14579.00

	
17203.32

	
N

	
4

	
228

	  	  	
335148.08

	  	
4001.00

	  	
335148.08

	
339149.08

	
N

	
5

	
229

	  	  	
18146.00

	
22044.00

	
231.00

	
0.00

	
40190.00

	
40421.00

	
N

	
4

	
230

	  	  	
66667.00

	  	
0.00

	  	
66667.00

	
66667.00

	
N

	
5

	
231

	  	  	
14392.00

	
5373.00

	
4167.00

	
0.00

	
19765.00

	
23932.00

	
N

	
5

	
232

	  	  	
16916.66

	  	
11570.00

	  	
16916.66

	
28486.66

	
N

	
5

	
233

	  	  	
0.00

	  	
37166.00

	  	
0.00

	
37166.00

	
N

	
5

	
234

	  	  	
18965.00

	
10416.66

	
0.00

	
0.00

	
29381.66

	
29381.66

	
N

	
5

	
235

	  	  	
33333.34

	  	
18124.35

	  	
33333.34

	
51457.69

	
N

	
4

	
236

	  	  	
10356.67

	
11291.67

	
0.00

	
0.00

	
21648.34

	
21648.34

	
N

	
5

	
237

	  	  	
41905.68

	  	
0.00

	  	
41905.68

	
41905.68

	
N

	
5

	
238

	  	  	
33333.00

	  	
99709.00

	  	
33333.00

	
133042.00

	
N

	
5

	
239

	  	  	
20832.00

	  	
102320.29

	  	
20832.00

	
123152.29

	
N

	
5

	
240

	  	  	
59743.68

	
15833.34

	
0.00

	
0.00

	
75577.02

	
75577.02

	
N

	
5

	
241

	  	  	
35585.50

	  	
0.00

	  	
35585.50

	
35585.50

	
N

	
5

	
242

	  	  	
16667.00

	  	
21285.00

	  	
16667.00

	
37952.00

	
N

	
5

	
243

	  	  	
8333.33

	
21517.00

	
12581.00

	
0.00

	
29850.33

	
42431.33

	
N

	
4

	
244

	  	  	
11485.00

	  	
34232.00

	  	
11485.00

	
45717.00

	
N

	
4

	
245

	  	  	
11833.00

	
19975.84

	
6671.00

	
0.00

	
31808.84

	
38479.84

	
Y

	
5

	
246

	  	  	
54882.00

	  	
0.00

	  	
54882.00

	
54882.00

	
N

	
4

	
247

	  	  	
17641.67

	  	
12714.00

	  	
17641.67

	
30355.67

	
N

	
5

 

	
KEY

	
Co-Borrower

Income Verification

	
Borrower

Employment

Verification

	
Co-Borrower

Employment

Verification

	
Borrower Asset

Verification

	
Co-Borrower Asset

Verification

	
Liquid / Cash

Reserves

	
Monthly Debt All

Borrowers

	
Originator DTI

	
Fully Indexed Rate

	
Qualification

Method

	
1

	  	
2

	  	
4

	  	
1704908.99

	
15737.52

	
0.050000

	  	
1

	
2

	  	
2

	  	
4

	  	
1383182.00

	
4970.91

	
0.310000

	  	
1

	
3

	  	
2

	  	
4

	  	
215755.45

	
4683.08

	
0.200000

	  	
1

	
4

	  	
2

	  	
4

	  	
51191.89

	
4190.06

	
0.350000

	  	
1

	
5

	  	
2

	  	
4

	  	
7456519.70

	
9138.74

	
0.260000

	  	
1

	
6

	  	
2

	  	
4

	  	
280652.41

	
5156.70

	
0.120000

	  	
1

	
7

	  	
2

	  	
4

	  	
613663.00

	
7468.93

	
0.380000

	  	
1

	
8

	  	
2

	  	
4

	  	
199460.00

	
5632.74

	
0.360000

	  	
1

	
9

	  	
2

	  	
4

	  	
235183.49

	
5851.21

	
0.360000

	  	
1

	
10

	  	
2

	  	
4

	  	
121256.63

	
1838.22

	
0.370000

	  	
1

	
11

	  	
2

	  	
4

	  	
61082.30

	
4679.73

	
0.290000

	  	
1

	
12

	  	
2

	  	
4

	  	
671025.53

	
9041.67

	
0.310000

	  	
1

	
13

	  	
2

	  	
4

	  	
513386.21

	
4569.18

	
0.190000

	  	
1

	
14

	  	
2

	  	
4

	  	
165203.74

	
1725.57

	
0.290000

	  	
1

	
15

	  	
2

	  	
4

	  	
223476.84

	
5767.08

	
0.330000

	  	
1

	
16

	  	
2

	  	
4

	  	
58751.65

	
4163.25

	
0.350000

	  	
1

	
17

	  	
2

	  	
4

	  	
44863.00

	
1694.60

	
0.240000

	  	
1

	
18

	  	
2

	  	
4

	  	
718645.50

	
6073.21

	
0.330000

	  	
1

	
19

	  	
2

	  	
4

	  	
22006.86

	
5383.08

	
0.380000

	  	
1

	
20

	  	
2

	  	
4

	  	
280732.65

	
4266.02

	
0.430000

	  	
1

	
21

	  	
2

	  	
4

	  	
520046.99

	
3807.53

	
0.370000

	  	
1

	
22

	  	
2

	  	
4

	  	
120509.43

	
4650.00

	
0.310000

	  	
1

	
23

	  	
2

	  	
4

	  	
330296.50

	
5513.45

	
0.380000

	  	
1

	
24

	  	
2

	  	
4

	  	
243581.97

	
5337.92

	
0.210000

	  	
1

	
25

	  	
2

	  	
4

	  	
2488.71

	
3974.60

	
0.260000

	  	
1

	
26

	  	
2

	  	
4

	  	
1944005.29

	
9350.49

	
0.340000

	  	
1

	
27

	  	
2

	  	
4

	  	
462438.00

	
2943.57

	
0.160000

	  	
1

	
28

	  	
2

	  	
4

	  	
1854259.20

	
6006.67

	
0.340000

	  	
1

	
29

	  	
2

	  	
4

	  	
388136.59

	
7556.65

	
0.150000

	  	
1

	
30

	  	
2

	  	
4

	  	
2119187.40

	
6516.65

	
0.110000

	  	
1

	
31

	  	
2

	  	
4

	  	
58632.84

	
3652.89

	
0.340000

	  	
1

	
32

	  	
2

	  	
4

	  	
1296755.86

	
2605.86

	
0.050000

	  	
1

	
33

	  	
2

	  	
4

	  	
1125717.79

	
3078.29

	
0.060000

	  	
1

	
34

	  	
2

	  	
4

	  	
213515.93

	
3873.68

	
0.340000

	  	
1

	
35

	  	
2

	  	
4

	  	
616940.00

	
6263.70

	
0.150000

	  	
1

	
36

	  	
2

	  	
4

	  	
406800.69

	
2432.19

	
0.150000

	  	
1

	
37

	  	
2

	  	
4

	  	
105622.01

	
4525.45

	
0.390000

	  	
1

	
38

	  	
2

	  	
4

	  	
64373.50

	
2482.98

	
0.330000

	  	
1

	
39

	  	
2

	  	
4

	  	
4154.67

	
529.61

	
0.180000

	  	
1

	
40

	  	
2

	  	
4

	  	
10531071.37

	
6348.46

	
0.210000

	  	
1

	
41

	  	
2

	  	
4

	  	
1032295.21

	
2259.00

	
0.250000

	  	
1

	
42

	  	
2

	  	
4

	  	
1871603.71

	
19791.54

	
0.190000

	  	
1

	
43

	  	
2

	  	
4

	  	
260474.07

	
2403.39

	
0.330000

	  	
1

	
44

	  	
2

	  	
4

	  	
2775302.54

	
10785.63

	
0.300000

	  	
1

	
45

	  	
2

	  	
4

	  	
4014.34

	
1049.18

	
0.260000

	  	
1

	
46

	  	
2

	  	
4

	  	
421931.79

	
6750.00

	
0.300000

	  	
1

	
47

	  	
2

	  	
4

	  	
1232323.00

	
9523.86

	
0.190000

	  	
1

	
48

	  	
2

	  	
4

	  	
493437.66

	
6912.84

	
0.220000

	  	
1

	
49

	  	
2

	  	
4

	  	
15432.31

	
831.64

	
0.220000

	  	
1

	
50

	  	
2

	  	
4

	  	
6336940.05

	
7417.44

	
0.270000

	  	
1

	
51

	  	
2

	  	
4

	  	
380492.25

	
8119.17

	
0.400000

	  	
1

	
52

	  	
2

	  	
4

	  	
890418.00

	
7771.30

	
0.340000

	  	
1

	
53

	  	
2

	  	
4

	  	
334447.14

	
3141.25

	
0.420000

	  	
1

	
54

	  	
2

	  	
4

	  	
9095423.97

	
20638.40

	
0.100000

	  	
1

	
55

	  	
2

	  	
4

	  	
679592.00

	
6952.67

	
0.170000

	  	
1

	
56

	  	
2

	  	
4

	  	
521808.41

	
24200.67

	
0.390000

	  	
1

	
57

	  	
2

	  	
4

	  	
4454011.00

	
17538.56

	
0.110000

	  	
1

	
58

	  	
2

	  	
4

	  	
259692.33

	
7807.17

	
0.380000

	  	
1

	
59

	  	
2

	  	
4

	  	
283631.00

	
1220.57

	
0.410000

	  	
1

	
60

	  	
2

	  	
4

	  	
2356236.42

	
6666.67

	
0.040000

	  	
1

	
61

	  	
2

	  	
4

	  	
1090781.20

	
5106.01

	
0.210000

	  	
1

	
62

	  	
2

	  	
4

	  	
914395.35

	
4120.77

	
0.090000

	  	
1

	
63

	  	
2

	  	
4

	  	
603195.54

	
3124.95

	
0.150000

	  	
1

	
64

	  	
2

	  	
4

	  	
881438.04

	
8382.85

	
0.350000

	  	
1

	
65

	  	
2

	  	
4

	  	
1042731.10

	
9712.65

	
0.350000

	  	
1

	
66

	  	
2

	  	
4

	  	
14804830.00

	
9197.00

	
0.250000

	  	
1

	
67

	  	
2

	  	
4

	  	
4882376.39

	
7610.63

	
0.350000

	  	
1

	
68

	  	
2

	  	
4

	  	
985184.64

	
5540.84

	
0.370000

	  	
1

	
69

	  	
2

	  	
4

	  	
1729157.50

	
10697.48

	
0.310000

	  	
1

	
70

	  	
2

	  	
4

	  	
964561.09

	
16673.69

	
0.260000

	  	
1

	
71

	  	
2

	  	
4

	  	
405105.02

	
7535.02

	
0.190000

	  	
1

	
72

	  	
2

	  	
4

	  	
2102437.22

	
3598.24

	
0.080000

	  	
1

	
73

	  	
2

	  	
4

	  	
852721.20

	
11666.85

	
0.330000

	  	
1

	
74

	  	
2

	  	
4

	  	
3162607.04

	
13693.90

	
0.100000

	  	
1

	
75

	  	
2

	  	
4

	  	
82833.75

	
11625.00

	
0.310000

	  	
1

	
76

	  	
2

	  	
4

	  	
659376.51

	
8126.25

	
0.330000

	  	
1

	
77

	  	
2

	  	
4

	  	
164090.08

	
5489.64

	
0.270000

	  	
1

	
78

	  	
2

	  	
4

	  	
163814.00

	
5083.00

	
0.250000

	  	
1

	
79

	  	
2

	  	
4

	  	
116644.17

	
1875.00

	
0.300000

	  	
1

	
80

	  	
2

	  	
4

	  	
4233053.17

	
13006.84

	
0.450000

	  	
1

	
81

	  	
2

	  	
4

	  	
697254.71

	
15979.97

	
0.300000

	  	
1

	
82

	  	
2

	  	
4

	  	
692869.22

	
6754.92

	
0.130000

	  	
1

	
83

	  	
2

	  	
4

	  	
1239320.50

	
6852.04

	
0.170000

	  	
1

	
84

	  	
2

	  	
4

	  	
574182.87

	
4378.50

	
0.300000

	  	
1

	
85

	  	
2

	  	
4

	  	
414040.04

	
6545.35

	
0.300000

	  	
1

	
86

	  	
2

	  	
4

	  	
3272551.96

	
17577.85

	
0.370000

	  	
1

	
87

	  	
2

	  	
4

	  	
1096298.34

	
13848.32

	
0.310000

	  	
1

	
88

	  	
2

	  	
4

	  	
398719.00

	
7282.48

	
0.430000

	  	
1

	
89

	  	
2

	  	
4

	  	
1031271.60

	
2957.59

	
0.090000

	  	
1

	
90

	  	
2

	  	
4

	  	
193905.97

	
8965.12

	
0.340000

	  	
1

	
91

	  	
2

	  	
4

	  	
260110.37

	
12451.36

	
0.280000

	  	
1

	
92

	  	
2

	  	
4

	  	
260199.41

	
4685.16

	
0.270000

	  	
1

	
93

	  	
2

	  	
4

	  	
346536.68

	
13944.78

	
0.360000

	  	
1

	
94

	  	
2

	  	
4

	  	
293361.98

	
7044.80

	
0.350000

	  	
1

	
95

	  	
2

	  	
4

	  	
5188588.80

	
10479.84

	
0.240000

	  	
1

	
96

	  	
2

	  	
4

	  	
435272.72

	
540.84

	
0.050000

	  	
1

	
97

	  	
2

	  	
4

	  	
1020052.20

	
6185.37

	
0.120000

	  	
1

	
98

	  	
2

	  	
4

	  	
2172092.70

	
15908.40

	
0.180000

	  	
1

	
99

	  	
2

	  	
4

	  	
5473953.00

	
14492.96

	
0.240000

	  	
1

	
100

	  	
2

	  	
4

	  	
877358.55

	
11345.02

	
0.350000

	  	
1

	
101

	  	
2

	  	
4

	  	
423541.19

	
5987.36

	
0.140000

	  	
1

	
102

	  	
2

	  	
4

	  	
4016571.61

	
11784.69

	
0.320000

	  	
1

	
103

	  	
2

	  	
4

	  	
86407.00

	
2800.78

	
0.420000

	  	
1

	
104

	  	
2

	  	
4

	  	
207528.30

	
11755.78

	
0.380000

	  	
1

	
105

	  	
2

	  	
4

	  	
71838.71

	
7144.73

	
0.320000

	  	
1

	
106

	  	
2

	  	
4

	  	
413491.20

	
9383.36

	
0.250000

	  	
1

	
107

	  	
2

	  	
4

	  	
30860.13

	
8286.52

	
0.440000

	  	
1

	
108

	  	
2

	  	
4

	  	
906953.35

	
21900.00

	
0.360000

	  	
1

	
109

	  	
2

	  	
4

	  	
1354064.00

	
7880.99

	
0.440000

	  	
1

	
110

	  	
2

	  	
4

	  	
2864091.10

	
7776.72

	
0.360000

	  	
1

	
111

	  	
2

	  	
4

	  	
15502275.00

	
8333.20

	
0.200000

	  	
1

	
112

	  	
2

	  	
4

	  	
12363.00

	
1462.91

	
0.380000

	  	
1

	
113

	  	
2

	  	
4

	  	
1649199.30

	
6165.69

	
0.360000

	  	
1

	
114

	  	
2

	  	
4

	  	
449029.10

	
7125.00

	
0.380000

	  	
1

	
115

	  	
2

	  	
4

	  	
249173.06

	
4549.17

	
0.200000

	  	
1

	
116

	  	
2

	  	
4

	  	
1478247.60

	
11209.40

	
0.400000

	  	
1

	
117

	  	
2

	  	
4

	  	
1370671.60

	
5775.93

	
0.370000

	  	
1

	
118

	  	
2

	  	
4

	  	
19811261.00

	
15516.72

	
0.240000

	  	
1

	
119

	  	
2

	  	
4

	  	
653214.93

	
5614.35

	
0.400000

	  	
1

	
120

	  	
2

	  	
4

	  	
2338716.69

	
12444.20

	
0.400000

	  	
1

	
121

	  	
2

	  	
4

	  	
500989.60

	
2482.09

	
0.230000

	  	
1

	
122

	  	
2

	  	
4

	  	
1208567.10

	
14010.06

	
0.230000

	  	
1

	
123

	  	
2

	  	
4

	  	
367781.88

	
7821.92

	
0.230000

	  	
1

	
124

	  	
2

	  	
4

	  	
7014578.00

	
17164.03

	
0.300000

	  	
1

	
125

	  	
2

	  	
4

	  	
1803712.23

	
2680.95

	
0.260000

	  	
1

	
126

	  	
2

	  	
4

	  	
363081.68

	
10518.84

	
0.360000

	  	
1

	
127

	  	
2

	  	
4

	  	
115391.00

	
1649.09

	
0.180000

	  	
1

	
128

	  	
2

	  	
4

	  	
948341.69

	
19000.00

	
0.400000

	  	
1

	
129

	  	
2

	  	
4

	  	
18010218.74

	
9450.00

	
0.210000

	  	
1

	
130

	  	
2

	  	
4

	  	
4456903.55

	
7781.38

	
0.340000

	  	
1

	
131

	  	
2

	  	
4

	  	
3003684.35

	
11349.10

	
0.290000

	  	
1

	
132

	  	
2

	  	
4

	  	
94480.55

	
3666.30

	
0.320000

	  	
1

	
133

	  	
2

	  	
4

	  	
1192554.15

	
10268.45

	
0.410000

	  	
1

	
134

	  	
2

	  	
4

	  	
1262456.87

	
6562.79

	
0.190000

	  	
1

	
135

	  	
2

	  	
4

	  	
1753604.00

	
17017.51

	
0.170000

	  	
1

	
136

	  	
2

	  	
4

	  	
1437452.14

	
17017.57

	
0.170000

	  	
1

	
137

	  	
2

	  	
4

	  	
577171.14

	
2628.96

	
0.090000

	  	
1

	
138

	  	
2

	  	
4

	  	
2468108.94

	
9501.45

	
0.250000

	  	
1

	
139

	  	
2

	  	
4

	  	
2842112.35

	
18934.71

	
0.250000

	  	
1

	
140

	  	
2

	  	
4

	  	
1670297.82

	
44155.03

	
0.200000

	  	
1

	
141

	  	
2

	  	
4

	  	
1503907.13

	
9291.70

	
0.100000

	  	
1

	
142

	  	
2

	  	
4

	  	
2670458.50

	
12436.41

	
0.170000

	  	
1

	
143

	  	
3

	  	
4

	  	
868839.41

	
3178.90

	
0.251038

	  	
1

	
144

	  	
3

	  	
4

	  	
17295.24

	
2194.19

	
0.441199

	  	
1

	
145

	  	
3

	  	
3

	  	
213864.80

	
6655.99

	
0.333078

	  	
1

	
146

	  	
3

	  	
3

	  	
949589.13

	
2320.32

	
0.207312

	  	
1

	
147

	  	
2

	  	
3

	  	
379450.74

	
3771.06

	
0.323234

	  	
1

	
148

	  	
3

	  	
4

	  	
514455.40

	
5165.82

	
0.105069

	  	
1

	
149

	  	
3

	  	
3

	  	
280601.84

	
2451.23

	
0.351251

	  	
1

	
150

	  	
3

	  	
4

	  	
2331847.66

	
7878.70

	
0.284273

	  	
1

	
151

	  	
3

	  	
3

	  	
140169.17

	
1393.27

	
0.367961

	  	
1

	
152

	  	
3

	  	
3

	  	
2814009.78

	
4007.87

	
0.168359

	  	
1

	
153

	  	
3

	  	
3

	  	
661949.24

	
4126.36

	
0.369812

	  	
1

	
154

	  	
3

	  	
3

	  	
3918104.70

	
24498.74

	
0.017359

	  	
1

	
155

	  	
3

	  	
3

	  	
1336051.87

	
16900.73

	
0.366009

	  	
1

	
156

	  	
3

	  	
3

	  	
1196760.41

	
20020.47

	
0.145808

	  	
1

	
157

	  	
3

	  	
3

	  	
1102565.37

	
8657.11

	
0.356597

	  	
1

	
158

	  	
3

	  	
4

	  	
220427.09

	
8687.27

	
0.408056

	  	
1

	
159

	  	
3

	  	
4

	  	
2362160.46

	
29173.46

	
0.337234

	  	
1

	
160

	  	
3

	  	
4

	  	
759008.90

	
6790.76

	
0.232823

	  	
1

	
161

	  	
2

	  	
3

	  	
311368.72

	
8533.61

	
0.221422

	  	
1

	
162

	  	
3

	  	
4

	  	
253446.53

	
9098.64

	
0.468272

	  	
1

	
163

	  	
2

	  	
4

	  	
1083262.31

	
6560.99

	
0.282229

	  	
1

	
164

	  	
3

	  	
4

	  	
1536836.76

	
19906.93

	
0.208389

	  	
1

	
165

	  	
2

	  	
3

	  	
378351.00

	
11977.99

	
0.255140

	  	
1

	
166

	  	
2

	  	
4

	  	
2043574.14

	
18228.84

	
0.175373

	  	
1

	
167

	  	
3

	  	
3

	  	
1724857.86

	
5914.75

	
0.278871

	  	
1

	
168

	  	
3

	  	
4

	  	
153738.81

	
5751.94

	
0.169926

	  	
1

	
169

	  	
3

	  	
3

	  	
1179158.82

	
7085.32

	
0.202164

	  	
1

	
170

	  	
3

	  	
4

	  	
673357.60

	
8627.63

	
0.227969

	  	
1

	
171

	  	
3

	  	
3

	  	
367843.87

	
14066.42

	
0.283466

	  	
1

	
172

	  	
2

	  	
4

	  	
423439.24

	
7667.71

	
0.211963

	  	
1

	
173

	  	
3

	  	
3

	  	
155628.41

	
5088.96

	
0.411479

	  	
1

	
174

	  	
2

	  	
4

	  	
3071123.17

	
8721.13

	
0.352685

	  	
1

	
175

	  	
3

	  	
4

	  	
328209.45

	
11848.45

	
0.369846

	  	
1

	
176

	  	
3

	  	
4

	  	
6345066.66

	
5784.42

	
0.141195

	  	
1

	
177

	  	
3

	  	
4

	  	
478070.35

	
3735.90

	
0.156700

	  	
1

	
178

	  	
3

	  	
3

	  	
4846308.94

	
6187.18

	
0.247487

	  	
1

	
179

	  	
2

	  	
3

	  	
980584.79

	
4802.03

	
0.250541

	  	
1

	
180

	  	
3

	  	
3

	  	
20664.91

	
4007.91

	
0.413357

	  	
1

	
181

	  	
3

	  	
4

	  	
59659.20

	
1628.28

	
0.120985

	  	
1

	
182

	  	
3

	  	
3

	  	
2578311.79

	
14493.40

	
0.402081

	  	
1

	
183

	  	
3

	  	
3

	  	
713851.90

	
9054.70

	
0.243748

	  	
1

	
184

	  	
3

	  	
4

	  	
308500.22

	
9344.75

	
0.422916

	  	
1

	
185

	  	
3

	  	
3

	  	
127612.21

	
7776.63

	
0.247262

	  	
1

	
186

	  	
3

	  	
4

	  	
2138130.07

	
13242.77

	
0.349091

	  	
1

	
187

	  	
3

	  	
4

	  	
1066213.43

	
9492.50

	
0.392447

	  	
1

	
188

	  	
3

	  	
4

	  	
2105651.36

	
37768.17

	
0.196427

	  	
1

	
189

	  	
2

	  	
3

	  	
3287745.76

	
7702.35

	
0.248487

	  	
1

	
190

	  	
2

	  	
3

	  	
237443.57

	
9919.62

	
0.311987

	  	
1

	
191

	  	
3

	  	
3

	  	
2009311.96

	
5619.48

	
0.136019

	  	
1

	
192

	  	
3

	  	
4

	  	
323464.80

	
8564.18

	
0.427205

	  	
1

	
193

	  	
3

	  	
4

	  	
895140.83

	
7645.40

	
0.295087

	  	
1

	
194

	  	
3

	  	
4

	  	
1271796.52

	
8463.36

	
0.556809

	  	
1

	
195

	  	
3

	  	
4

	  	
321406.24

	
9025.16

	
0.665769

	  	
1

	
196

	  	
3

	  	
3

	  	
452730.92

	
7671.65

	
0.310794

	  	
1

	
197

	  	
3

	  	
3

	  	
419855.48

	
6298.99

	
0.374516

	  	
1

	
198

	  	
3

	  	
4

	  	
231975.43

	
9218.71

	
0.340387

	  	
1

	
199

	  	
3

	  	
4

	  	
371221.47

	
13831.92

	
0.270171

	  	
1

	
200

	  	
3

	  	
3

	  	
154862.01

	
7843.28

	
0.340657

	  	
1

	
201

	  	
3

	  	
3

	  	
1656594.74

	
10756.26

	
0.414771

	  	
1

	
202

	  	
3

	  	
3

	  	
2181359.29

	
9172.15

	
0.418247

	  	
1

	
203

	  	
3

	  	
3

	  	
518605.81

	
7932.61

	
0.341070

	  	
1

	
204

	  	
3

	  	
3

	  	
1305765.50

	
16099.98

	
0.119259

	  	
1

	
205

	  	
3

	  	
3

	  	
2949450.89

	
8470.47

	
0.488951

	  	
1

	
206

	  	
3

	  	
3

	  	
3393102.83

	
9770.40

	
0.467685

	  	
1

	
207

	  	
3

	  	
3

	  	
633171.84

	
11244.65

	
0.449786

	  	
1

	
208

	  	
3

	  	
3

	  	
3503557.96

	
12258.93

	
0.351924

	  	
1

	
209

	  	
3

	  	
3

	  	
365234.29

	
9067.86

	
0.437959

	  	
1

	
210

	  	
3

	  	
4

	  	
569407.58

	
9357.56

	
0.289046

	  	
1

	
211

	  	
3

	  	
3

	  	
223015.72

	
8519.67

	
0.127277

	  	
1

	
212

	  	
3

	  	
3

	  	
335913.79

	
9356.39

	
0.460955

	  	
1

	
213

	  	
2

	  	
4

	  	
204511.30

	
7959.00

	
0.255178

	  	
1

	
214

	  	
2

	  	
4

	  	
211046.75

	
7432.75

	
0.289567

	  	
1

	
215

	  	
3

	  	
4

	  	
1465723.56

	
12707.92

	
0.293043

	  	
1

	
216

	  	
2

	  	
3

	  	
998483.81

	
21739.88

	
0.262902

	  	
1

	
217

	  	
3

	  	
4

	  	
1041454.33

	
10000.34

	
0.121244

	  	
1

	
218

	  	
2

	  	
4

	  	
1259806.87

	
11042.59

	
0.365766

	  	
1

	
219

	  	
2

	  	
4

	  	
557264.00

	
5266.46

	
0.364163

	  	
1

	
220

	  	
3

	  	
4

	  	
1174715.01

	
10728.97

	
0.203748

	  	
1

	
221

	  	
3

	  	
3

	  	
1918646.08

	
5050.12

	
0.489305

	  	
1

	
222

	  	
3

	  	
3

	  	
1139340.50

	
12857.15

	
0.284109

	  	
1

	
223

	  	
3

	  	
3

	  	
733661.25

	
6942.17

	
0.205292

	  	
1

	
224

	  	
3

	  	
4

	  	
187359.60

	
7200.45

	
0.227383

	  	
1

	
225

	  	
3

	  	
3

	  	
63716.35

	
6702.29

	
0.214751

	  	
1

	
226

	  	
3

	  	
3

	  	
230132.73

	
6430.49

	
0.223205

	  	
1

	
227

	  	
3

	  	
4

	  	
543961.54

	
7004.75

	
0.407174

	  	
1

	
228

	  	
3

	  	
4

	  	
1009426.47

	
40619.44

	
0.119769

	  	
1

	
229

	  	
3

	  	
3

	  	
559956.22

	
16367.02

	
0.404914

	  	
1

	
230

	  	
3

	  	
4

	  	
1411107.99

	
23540.61

	
0.353107

	  	
1

	
231

	  	
3

	  	
4

	  	
895244.44

	
7149.23

	
0.298731

	  	
1

	
232

	  	
3

	  	
4

	  	
1032049.58

	
9523.79

	
0.334325

	  	
1

	
233

	  	
3

	  	
4

	  	
548268.90

	
6666.08

	
0.179360

	  	
1

	
234

	  	
3

	  	
4

	  	
221712.30

	
12697.60

	
0.432161

	  	
1

	
235

	  	
2

	  	
3

	  	
288277.59

	
9880.55

	
0.192013

	  	
1

	
236

	  	
3

	  	
4

	  	
681109.66

	
3482.94

	
0.160887

	  	
1

	
237

	  	
3

	  	
4

	  	
843546.40

	
11048.46

	
0.263651

	  	
1

	
238

	  	
2

	  	
4

	  	
3298909.65

	
12300.17

	
0.092453

	  	
1

	
239

	  	
2

	  	
4

	  	
3107273.77

	
25510.32

	
0.207145

	  	
1

	
240

	  	
3

	  	
4

	  	
765033.75

	
12748.52

	
0.168682

	  	
1

	
241

	  	
3

	  	
4

	  	
444300.80

	
8032.19

	
0.225715

	  	
1

	
242

	  	
3

	  	
4

	  	
2597647.14

	
14186.36

	
0.373797

	  	
1

	
243

	  	
3

	  	
3

	  	
1482360.77

	
7295.45

	
0.171935

	  	
1

	
244

	  	
3

	  	
3

	  	
12907308.50

	
19992.44

	
0.437309

	  	
1

	
245

	  	
3

	  	
4

	  	
986723.14

	
8383.15

	
0.217858

	  	
1

	
246

	  	
3

	  	
4

	  	
853290.61

	
11100.57

	
0.202262

	  	
1

	
247

	  	
3

	  	
4

	  	
4643054.50

	
11477.11

	
0.378088

	  	
1

 

	
KEY

	
Percentage of Down

Payment from

Borrower Own

Funds

	
 

	
City

	
State

	
Postal Code

	
Property Type

	
Occupancy

	
Sales Price

	
Original Appraised

Property Value

	
Original Property

Valuation Type

	
1

	  	  	
GREENWICH

	
CT

	
06830

	
1

	
3

	  	
2400000.00

	
3

	
2

	  	  	
WALNUT CREEK

	
CA

	
94595

	
1

	
1

	  	
940000.00

	
3

	
3

	  	  	
SAN FRANCISCO

	
CA

	
94117

	
1

	
1

	  	
1700000.00

	
3

	
4

	  	  	
LOS ANGELES

	
CA

	
90045

	
1

	
1

	  	
775000.00

	
3

	
5

	  	  	
SAN FRANCISCO

	
CA

	
94115

	
1

	
1

	  	
7000000.00

	
3

	
6

	  	  	
SIERRA MADRE

	
CA

	
91024

	
1

	
1

	  	
1050000.00

	
3

	
7

	  	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
2750000.00

	
3

	
8

	  	  	
SANTA ROSA

	
CA

	
95404

	
6

	
1

	  	
1030000.00

	
3

	
9

	
100.000000

	  	
PALO ALTO

	
CA

	
94306

	
1

	
1

	
1151000.00

	
1151000.00

	
3

	
10

	  	  	
PALO ALTO

	
CA

	
94306

	
4

	
1

	  	
277300.00

	
3

	
11

	  	  	
SOLANA BEACH

	
CA

	
92075

	
6

	
1

	  	
860000.00

	
3

	
12

	  	  	
VILLA PARK

	
CA

	
92861

	
1

	
1

	  	
1300000.00

	
3

	
13

	  	  	
MENLO PARK

	
CA

	
94025

	
6

	
1

	  	
1165000.00

	
3

	
14

	  	  	
SAN FRANCISCO

	
CA

	
94117

	
1

	
1

	  	
1525000.00

	
3

	
15

	  	  	
LAFAYETTE

	
CA

	
94549

	
1

	
1

	  	
1300000.00

	
3

	
16

	  	  	
ENCINITAS

	
CA

	
92024

	
1

	
1

	  	
845000.00

	
3

	
17

	  	  	
SAN FRANCISCO

	
CA

	
94112

	
15

	
1

	  	
750000.00

	
3

	
18

	  	  	
LOS ALTOS

	
CA

	
94022

	
1

	
1

	  	
1800000.00

	
3

	
19

	  	  	
SAN FRANCISCO

	
CA

	
94103

	
13

	
1

	  	
850000.00

	
3

	
20

	  	  	
SAN DIEGO

	
CA

	
92110

	
1

	
1

	  	
530000.00

	
3

	
21

	  	  	
SOLANA BEACH

	
CA

	
92075

	
6

	
1

	  	
1100000.00

	
3

	
22

	  	  	
SAN FRANCISCO

	
CA

	
94103

	
4

	
1

	  	
970000.00

	
3

	
23

	  	  	
MILL VALLEY

	
CA

	
94941

	
1

	
1

	  	
1000000.00

	
3

	
24

	  	  	
BERKELEY

	
CA

	
94707

	
1

	
1

	  	
1000000.00

	
3

	
25

	
17.000000

	  	
MILL VALLEY

	
CA

	
94941

	
1

	
1

	
755000.00

	
755000.00

	
3

	
26

	  	  	
BURLINGAME

	
CA

	
94010

	
1

	
1

	  	
2350000.00

	
3

	
27

	  	  	
SANTA ROSA

	
CA

	
95401

	
1

	
1

	  	
775000.00

	
3

	
28

	  	  	
LOS ALTOS

	
CA

	
94024

	
1

	
1

	  	
2350000.00

	
3

	
29

	  	  	
SIMI VALLEY

	
CA

	
93063

	
1

	
3

	  	
438000.00

	
3

	
30

	  	  	
MORAGA

	
CA

	
94556

	
1

	
1

	  	
1225000.00

	
3

	
31

	  	  	
SAN FRANCISCO

	
CA

	
94127

	
6

	
1

	  	
1100000.00

	
3

	
32

	  	  	
REDWOOD CITY

	
CA

	
94065

	
4

	
1

	  	
745000.00

	
3

	
33

	  	  	
WASHINGTON

	
DC

	
20015

	
1

	
1

	  	
1175000.00

	
3

	
34

	  	  	
MILPITAS

	
CA

	
95035

	
6

	
1

	  	
565000.00

	
3

	
35

	  	  	
LOS ANGELES

	
CA

	
90272

	
1

	
1

	  	
2750000.00

	
3

	
36

	  	  	
SAN JOSE

	
CA

	
95125

	
1

	
1

	  	
650000.00

	
3

	
37

	  	  	
SAN FRANCISCO

	
CA

	
94131

	
1

	
1

	  	
1200000.00

	
3

	
38

	  	  	
PALO ALTO

	
CA

	
94303

	
3

	
1

	  	
407700.00

	
3

	
39

	
30.000000

	  	
PALO ALTO

	
CA

	
94306

	
4

	
1

	
101098.00

	
101098.00

	
3

	
40

	
100.000000

	  	
INVERNESS

	
CA

	
94937

	
6

	
2

	
875000.00

	
875000.00

	
3

	
41

	  	  	
CUPERTINO

	
CA

	
95014

	
6

	
1

	  	
970000.00

	
3

	
42

	  	  	
MALIBU

	
CA

	
90265

	
3

	
2

	  	
1250000.00

	
3

	
43

	
100.000000

	  	
MARTINEZ

	
CA

	
94553

	
6

	
1

	
450000.00

	
450000.00

	
3

	
44

	
25.540000

	  	
TORRANCE

	
CA

	
90503

	
4

	
3

	
560000.00

	
560000.00

	
3

	
45

	  	  	
SAN DIEGO

	
CA

	
92105

	
1

	
1

	  	
315000.00

	
3

	
46

	  	  	
ALAMO

	
CA

	
94507

	
1

	
1

	  	
1300000.00

	
3

	
47

	  	  	
LOS ANGELES

	
CA

	
91356

	
6

	
1

	  	
1825000.00

	
3

	
48

	
25.000000

	  	
OAKLAND

	
CA

	
94607

	
13

	
3

	
225000.00

	
225000.00

	
3

	
49

	  	  	
SAN MATEO

	
CA

	
94401

	
1

	
1

	  	
510000.00

	
3

	
50

	  	  	
LOS ANGELES

	
CA

	
90020

	
1

	
1

	  	
2400000.00

	
3

	
51

	  	  	
SONOMA

	
CA

	
95476

	
1

	
1

	  	
1500000.00

	
3

	
52

	  	  	
BEND

	
OR

	
97701

	
1

	
1

	  	
2700000.00

	
3

	
53

	  	  	
CORTE MADERA

	
CA

	
94925

	
1

	
1

	  	
905000.00

	
3

	
54

	  	  	
SAN FRANCISCO

	
CA

	
94115

	
1

	
1

	  	
18000000.00

	
3

	
55

	  	  	
SAN FRANCISCO

	
CA

	
94121

	
1

	
1

	  	
1600000.00

	
3

	
56

	  	  	
ORINDA

	
CA

	
94563

	
1

	
1

	  	
3000000.00

	
3

	
57

	  	  	
SAN FRANCISCO

	
CA

	
94114

	
1

	
1

	  	
2050000.00

	
3

	
58

	  	  	
PLEASANTON

	
CA

	
94588

	
6

	
1

	  	
1415000.00

	
3

	
59

	  	  	
SAN FRANCISCO

	
CA

	
94118

	
13

	
3

	  	
1350000.00

	
3

	
60

	
100.000000

	  	
SAN DIEGO

	
CA

	
92127

	
6

	
1

	
1240000.00

	
1240000.00

	
3

	
61

	
100.000000

	  	
LOS ANGELES

	
CA

	
90004

	
1

	
1

	
2500000.00

	
2500000.00

	
3

	
62

	  	  	
KENSINGTON

	
CA

	
94708

	
1

	
1

	  	
1070000.00

	
3

	
63

	  	  	
LOS ANGELES

	
CA

	
90094

	
4

	
1

	  	
635000.00

	
3

	
64

	  	  	
LITCHFIELD

	
CT

	
06759

	
1

	
1

	  	
1650000.00

	
3

	
65

	  	  	
STANFORD

	
CA

	
94305

	
1

	
1

	  	
2200000.00

	
3

	
66

	  	  	
SAN FRANCISCO

	
CA

	
94133

	
1

	
1

	  	
4900000.00

	
3

	
67

	
100.000000

	  	
OAK PARK AREA

	
CA

	
91377

	
6

	
1

	
1550000.00

	
1340000.00

	
3

	
68

	  	  	
CARPINTERIA AREA

	
CA

	
93013

	
3

	
1

	  	
1250000.00

	
3

	
69

	  	  	
SAN FRANCISCO

	
CA

	
94118

	
13

	
1

	  	
3600000.00

	
3

	
70

	  	  	
DANVILLE

	
CA

	
94526

	
1

	
1

	  	
2450000.00

	
3

	
71

	
21.570000

	  	
GREENBRAE

	
CA

	
94904

	
1

	
1

	
1275000.00

	
1275000.00

	
3

	
72

	  	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	  	
1450000.00

	
3

	
73

	  	  	
PALO ALTO

	
CA

	
94301

	
1

	
1

	  	
3000000.00

	
3

	
74

	
100.000000

	  	
BOSTON

	
MA

	
02116

	
12

	
1

	
3200000.00

	
3130000.00

	
3

	
75

	  	  	
STAMFORD

	
CT

	
06902

	
1

	
1

	  	
975000.00

	
3

	
76

	  	  	
LOS ANGELES

	
CA

	
91604

	
1

	
1

	  	
1750000.00

	
3

	
77

	  	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	  	
995000.00

	
3

	
78

	  	  	
SANTA CRUZ

	
CA

	
95062

	
4

	
3

	  	
240000.00

	
3

	
79

	  	  	
PALO ALTO

	
CA

	
94303

	
3

	
1

	  	
330000.00

	
3

	
80

	  	  	
LOS ALTOS

	
CA

	
94022

	
1

	
1

	  	
3250000.00

	
3

	
81

	
25.000000

	  	
TIBURON

	
CA

	
94920

	
1

	
1

	
2400000.00

	
2400000.00

	
3

	
82

	
100.000000

	  	
LOS GATOS

	
CA

	
95032

	
1

	
1

	
1825000.00

	
1700000.00

	
3

	
83

	  	  	
LOS ALTOS

	
CA

	
94024

	
1

	
1

	  	
1950000.00

	
3

	
84

	  	  	
LA JOLLA

	
CA

	
92037

	
1

	
1

	  	
1050000.00

	
3

	
85

	  	  	
LOS ANGELES

	
CA

	
91436

	
1

	
1

	  	
1175000.00

	
3

	
86

	  	  	
PORTOLA VALLEY

	
CA

	
94028

	
1

	
1

	  	
4600000.00

	
3

	
87

	  	  	
PALO ALTO

	
CA

	
94301

	
1

	
1

	  	
3000000.00

	
3

	
88

	  	  	
CUPERTINO

	
CA

	
95014

	
1

	
1

	  	
1450000.00

	
3

	
89

	  	  	
PLEASANTON

	
CA

	
94566

	
1

	
1

	  	
675000.00

	
3

	
90

	
100.000000

	  	
LOS ALTOS

	
CA

	
94022

	
1

	
1

	
1549888.00

	
1550000.00

	
3

	
91

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94114

	
1

	
1

	
2170000.00

	
2170000.00

	
3

	
92

	
100.000000

	  	
SAN JOSE

	
CA

	
95116

	
13

	
3

	
562500.00

	
570000.00

	
3

	
93

	
100.000000

	  	
ALAMO

	
CA

	
94507

	
1

	
1

	
1505000.00

	
1505000.00

	
3

	
94

	  	  	
WENHAM

	
MA

	
01984

	
1

	
1

	  	
860000.00

	
3

	
95

	  	  	
LAKE OSWEGO

	
OR

	
97035

	
6

	
1

	  	
430000.00

	
3

	
96

	
100.000000

	  	
LOS ANGELES

	
CA

	
90036

	
1

	
1

	
1200000.00

	
1200000.00

	
3

	
97

	  	  	
SUNRIVER

	
OR

	
97707

	
4

	
3

	  	
310000.00

	
3

	
98

	
100.000000

	  	
NEWTON

	
MA

	
02467

	
1

	
1

	
2300000.00

	
2300000.00

	
3

	
99

	  	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
3000000.00

	
3

	
100

	  	  	
WENHAM

	
MA

	
01984

	
1

	
1

	  	
1100000.00

	
3

	
101

	  	  	
PORTOLA VALLEY

	
CA

	
94028

	
1

	
1

	  	
1650000.00

	
3

	
102

	  	  	
ATHERTON

	
CA

	
94027

	
1

	
1

	  	
6000000.00

	
3

	
103

	  	  	
SAN FRANCISCO

	
CA

	
94118

	
1

	
1

	  	
1025000.00

	
3

	
104

	  	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	  	
2325000.00

	
3

	
105

	  	  	
KENSINGTON

	
CA

	
94708

	
1

	
1

	  	
1300000.00

	
3

	
106

	
100.000000

	  	
OJAI

	
CA

	
93023

	
1

	
1

	
1815000.00

	
1815000.00

	
3

	
107

	  	  	
BOSTON

	
MA

	
02109

	
4

	
1

	  	
1000000.00

	
3

	
108

	
100.000000

	  	
BOSTON

	
MA

	
02115

	
4

	
2

	
1100000.00

	
1100000.00

	
3

	
109

	  	  	
BURLINGAME

	
CA

	
94010

	
1

	
1

	  	
2200000.00

	
3

	
110

	
100.000000

	  	
SAN CARLOS

	
CA

	
94070

	
1

	
1

	
1500000.00

	
1500000.00

	
3

	
111

	  	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	  	
2200000.00

	
3

	
112

	  	  	
FREMONT

	
CA

	
94538

	
1

	
1

	  	
390000.00

	
3

	
113

	  	  	
SANTA CRUZ

	
CA

	
95060

	
1

	
1

	  	
1400000.00

	
3

	
114

	
100.000000

	  	
BOSTON

	
MA

	
02116

	
4

	
1

	
1365000.00

	
1375000.00

	
3

	
115

	  	  	
OAKLAND

	
CA

	
94602

	
1

	
1

	  	
975000.00

	
3

	
116

	  	  	
APTOS

	
CA

	
95003

	
1

	
2

	  	
1100000.00

	
3

	
117

	  	  	
BLAINE COUNTY

	
ID

	
83333

	
6

	
1

	  	
1200000.00

	
3

	
118

	  	  	
LAGUNA BEACH

	
CA

	
92651

	
6

	
1

	  	
10100000.00

	
3

	
119

	  	  	
PORTLAND

	
OR

	
97209

	
4

	
1

	  	
1050000.00

	
3

	
120

	  	  	
LOS ALTOS HILLS

	
CA

	
94022

	
1

	
1

	  	
2150000.00

	
3

	
121

	  	  	
REDWOOD CITY

	
CA

	
94065

	
1

	
1

	  	
920000.00

	
3

	
122

	  	  	
LOS ANGELES

	
CA

	
90077

	
1

	
1

	  	
3000000.00

	
3

	
123

	
100.000000

	  	
WESTON

	
MA

	
02493

	
1

	
1

	
1350000.00

	
1350000.00

	
3

	
124

	  	  	
SAN FRANCISCO

	
CA

	
94123

	
1

	
1

	  	
7600000.00

	
3

	
125

	  	  	
SANTA BARBARA

	
CA

	
93108

	
1

	
1

	  	
1400000.00

	
3

	
126

	
100.000000

	  	
WESTON

	
MA

	
02493

	
1

	
1

	
1446000.00

	
1500000.00

	
3

	
127

	  	  	
SAN FRANCISCO

	
CA

	
94132

	
1

	
1

	  	
800000.00

	
3

	
128

	
100.000000

	  	
SANTA MONICA

	
CA

	
90402

	
1

	
1

	
3550000.00

	
3550000.00

	
3

	
129

	  	  	
SAN FRANCISCO

	
CA

	
94115

	
1

	
1

	  	
3700000.00

	
3

	
130

	  	  	
LOS ANGELES

	
CA

	
90272

	
1

	
1

	  	
7250000.00

	
3

	
131

	
30.500000

	  	
WEST HOLLYWOOD

	
CA

	
90069

	
4

	
1

	
1050000.00

	
1225000.00

	
3

	
132

	
100.000000

	  	
PACIFICA

	
CA

	
94044

	
1

	
1

	
549000.00

	
559000.00

	
3

	
133

	
100.000000

	  	
UPPER SADDLE RIVER

	
NJ

	
07458

	
1

	
1

	
1025000.00

	
1050000.00

	
3

	
134

	  	  	
NEW YORK

	
NY

	
10075

	
2

	
1

	  	
1900000.00

	
3

	
135

	  	  	
SOUTHAMPTON

	
NY

	
11976

	
1

	
2

	  	
2750000.00

	
3

	
136

	  	  	
NEW YORK

	
NY

	
10010

	
2

	
1

	  	
2475000.00

	
3

	
137

	  	  	
NEW YORK

	
NY

	
10022

	
2

	
1

	  	
905000.00

	
3

	
138

	
100.000000

	  	
NEW YORK

	
NY

	
10012

	
2

	
1

	
1775000.00

	
1775000.00

	
3

	
139

	  	  	
SAG HARBOR

	
NY

	
11963

	
1

	
1

	  	
4100000.00

	
3

	
140

	  	  	
NEW YORK

	
NY

	
10021

	
2

	
1

	  	
8800000.00

	
3

	
141

	
100.000000

	  	
NEW YORK

	
NY

	
10065

	
2

	
1

	
2600000.00

	
2600000.00

	
3

	
142

	  	  	
NEW YORK

	
NY

	
10075

	
2

	
1

	  	
2900000.00

	
3

	
143

	
0.000000

	  	
ENCINITAS

	
CA

	
92024

	
1

	
1

	  	
1210000.00

	
3

	
144

	
0.000000

	  	
WAKEFIELD

	
MA

	
01880

	
1

	
1

	  	
420000.00

	
3

	
145

	
0.000000

	  	
PLEASANTON

	
CA

	
94566

	
1

	
1

	  	
1285000.00

	
3

	
146

	  	  	
PORTLAND

	
OR

	
97225

	
1

	
1

	  	
540000.00

	
3

	
147

	
0.000000

	  	
SAN MATEO

	
CA

	
94403

	
1

	
1

	  	
915000.00

	
3

	
148

	
0.000000

	  	
PALO ALTO

	
CA

	
94303

	
1

	
1

	  	
1550000.00

	
3

	
149

	  	  	
IRVINE

	
CA

	
92603

	
4

	
1

	  	
650000.00

	
3

	
150

	  	  	
PORTLAND

	
OR

	
97225

	
1

	
1

	  	
1000000.00

	
3

	
151

	
0.000000

	  	
PALO ALTO

	
CA

	
94303

	
3

	
1

	  	
130000.00

	
3

	
152

	
0.000000

	  	
ORINDA

	
CA

	
94563

	
1

	
1

	  	
1440000.00

	
3

	
153

	
100.000000

	  	
MARTINEZ

	
CA

	
94553

	
6

	
1

	
449000.00

	
449000.00

	
3

	
154

	
100.000000

	  	
LOS ANGELES

	
CA

	
90036

	
15

	
3

	
1950000.00

	
1950000.00

	
3

	
155

	
0.000000

	  	
SEATTLE

	
WA

	
98112

	
4

	
2

	  	
1300000.00

	
3

	
156

	
0.000000

	  	
BEVERLY HILLS

	
CA

	
90210

	
1

	
1

	  	
4000000.00

	
3

	
157

	  	  	
LOS GATOS

	
CA

	
95030

	
1

	
1

	  	
2000000.00

	
3

	
158

	
100.000000

	  	
BURLINGAME

	
CA

	
94010

	
1

	
1

	
1728000.00

	
1730000.00

	
3

	
159

	
0.000000

	  	
LAKE OSWEGO

	
OR

	
97034

	
1

	
1

	  	
4500000.00

	
3

	
160

	
100.000000

	  	
MOUNTAIN VIEW

	
CA

	
94040

	
1

	
1

	
1375000.00

	
1375000.00

	
3

	
161

	
0.000000

	  	
TRUCKEE

	
CA

	
96161

	
6

	
2

	  	
740000.00

	
3

	
162

	
92.570000

	  	
PIEDMONT

	
CA

	
94610

	
1

	
1

	
1670000.00

	
1670000.00

	
3

	
163

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94116

	
1

	
1

	  	
1125000.00

	
3

	
164

	
0.000000

	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
3600000.00

	
3

	
165

	
0.000000

	  	
DISCOVERY BAY

	
CA

	
94505

	
6

	
1

	  	
930000.00

	
3

	
166

	
0.000000

	  	
LOS ANGELES

	
CA

	
90024

	
1

	
1

	  	
4050000.00

	
3

	
167

	
0.000000

	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	  	
2100000.00

	
3

	
168

	
100.000000

	  	
LAFAYETTE

	
CA

	
94549

	
1

	
1

	
3000000.00

	
3000000.00

	
3

	
169

	
0.000000

	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	  	
1703000.00

	
3

	
170

	
0.000000

	  	
LOS ANGELES

	
CA

	
90024

	
1

	
1

	  	
1325000.00

	
3

	
171

	
100.000000

	  	
BOSTON

	
MA

	
02118

	
1

	
1

	
1850000.00

	
1900000.00

	
3

	
172

	
0.000000

	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
2100000.00

	
3

	
173

	
100.000000

	  	
PALO ALTO

	
CA

	
94303

	
1

	
1

	
1630000.00

	
1630000.00

	
3

	
174

	  	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
2100000.00

	
3

	
175

	
100.000000

	  	
ORINDA

	
CA

	
94563

	
1

	
1

	
1400000.00

	
1450000.00

	
3

	
176

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94109

	
4

	
1

	  	
1775000.00

	
3

	
177

	
0.000000

	  	
WEST HOLLYWOOD

	
CA

	
90069

	
4

	
2

	  	
570000.00

	
3

	
178

	
0.000000

	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
2750000.00

	
3

	
179

	
0.000000

	  	
GROTON

	
MA

	
01450

	
1

	
1

	  	
640000.00

	
3

	
180

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94109

	
2

	
1

	
400000.00

	
450000.00

	
3

	
181

	
0.000000

	  	
STUDIO CITY AREA LOS ANGE

	
CA

	
91604

	
1

	
1

	  	
800000.00

	
3

	
182

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94118

	
1

	
1

	  	
2700000.00

	
3

	
183

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94118

	
1

	
1

	  	
1850000.00

	
3

	
184

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94121

	
1

	
1

	
1750000.00

	
1775000.00

	
3

	
185

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94122

	
1

	
1

	  	
1800000.00

	
3

	
186

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94115

	
1

	
1

	
1650000.00

	
1650000.00

	
3

	
187

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94115

	
3

	
1

	
1585000.00

	
1585000.00

	
3

	
188

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94114

	
1

	
2

	
1775000.00

	
1775000.00

	
3

	
189

	
0.000000

	  	
LARKSPUR

	
CA

	
94939

	
1

	
1

	  	
1550000.00

	
3

	
190

	
100.000000

	  	
LONG BEACH

	
CA

	
90802

	
4

	
1

	
1800000.00

	
1800000.00

	
3

	
191

	
100.000000

	  	
MONTEREY

	
MA

	
01245

	
1

	
1

	
1010000.00

	
1100000.00

	
3

	
192

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94114

	
3

	
1

	
1250000.00

	
1250000.00

	
3

	
193

	
0.000000

	  	
MANHATTAN BEACH

	
CA

	
90266

	
1

	
1

	  	
1500000.00

	
3

	
194

	
0.000000

	  	
BEVERLY HILLS

	
CA

	
90210

	
1

	
1

	  	
4200000.00

	
3

	
195

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94118

	
1

	
1

	  	
2800000.00

	
3

	
196

	
100.000000

	  	
DANVILLE

	
CA

	
94526

	
1

	
1

	
1210000.00

	
1210000.00

	
3

	
197

	
100.000000

	  	
SAN RAFAEL

	
CA

	
94901

	
1

	
1

	
1200000.00

	
1200000.00

	
3

	
198

	
100.000000

	  	
MILL VALLEY

	
CA

	
94941

	
1

	
1

	
1275000.00

	
1275000.00

	
3

	
199

	
0.000000

	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
4000000.00

	
3

	
200

	  	  	
SAN FRANCISCO

	
CA

	
94121

	
1

	
1

	  	
1375000.00

	
3

	
201

	
100.000000

	  	
NEWPORT BEACH

	
CA

	
92657

	
6

	
1

	
1735000.00

	
1735000.00

	
3

	
202

	
100.000000

	  	
BELVEDERE

	
CA

	
94920

	
1

	
1

	
2100000.00

	
2100000.00

	
3

	
203

	
100.000000

	  	
SAN CARLOS

	
CA

	
94070

	
6

	
1

	
1210000.00

	
1210000.00

	
3

	
204

	
0.000000

	  	
HILLSBOROUGH

	
CA

	
94010

	
1

	
1

	  	
3800000.00

	
3

	
205

	
100.000000

	  	
MILL VALLEY

	
CA

	
94941

	
3

	
2

	
1350000.00

	
1275000.00

	
3

	
206

	
0.000000

	  	
BURLINGAME

	
CA

	
94010

	
1

	
3

	  	
925000.00

	
3

	
207

	
0.000000

	  	
TIBURON

	
CA

	
94920

	
1

	
1

	  	
2300000.00

	
3

	
208

	
0.000000

	  	
SANTA BARBARA

	
CA

	
93103

	
1

	
1

	  	
3400000.00

	
3

	
209

	
100.000000

	  	
PORTOLA VALLEY

	
CA

	
94028

	
1

	
1

	
1610000.00

	
1610000.00

	
3

	
210

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94115

	
1

	
1

	  	
2000000.00

	
3

	
211

	
0.000000

	  	
MILL VALLEY

	
CA

	
94941

	
1

	
1

	  	
2125000.00

	
3

	
212

	
100.000000

	  	
ENCINITAS

	
CA

	
92024

	
1

	
1

	
1282500.00

	
1300000.00

	
3

	
213

	
100.000000

	  	
TIBURON

	
CA

	
94920

	
1

	
1

	
1150000.00

	
1150000.00

	
3

	
214

	
100.000000

	  	
NORTH ANDOVER

	
MA

	
01845

	
1

	
1

	
735000.00

	
735000.00

	
3

	
215

	
100.000000

	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	
2300000.00

	
2300000.00

	
3

	
216

	
100.000000

	  	
WELLESLEY

	
MA

	
02481

	
1

	
1

	
3950000.00

	
3950000.00

	
3

	
217

	
0.000000

	  	
NEWPORT BEACH

	
CA

	
92660

	
6

	
1

	  	
2300000.00

	
3

	
218

	
0.000000

	  	
SAN FRANCISCO

	
CA

	
94123

	
3

	
1

	  	
2200000.00

	
3

	
219

	  	  	
SAN FRANCISCO

	
CA

	
94107

	
13

	
1

	  	
1300000.00

	
3

	
220

	
100.000000

	  	
MENLO PARK

	
CA

	
94025

	
1

	
1

	
2900000.00

	
2900000.00

	
3

	
221

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94118

	
13

	
1

	
1800000.00

	
1800000.00

	
3

	
222

	
100.000000

	  	
SAN ANSELMO

	
CA

	
94960

	
1

	
1

	
2125000.00

	
2125000.00

	
3

	
223

	
100.000000

	  	
LOS ANGELES

	
CA

	
91423

	
1

	
1

	
990000.00

	
990000.00

	
3

	
224

	
0.000000

	  	
MENLO PARK

	
CA

	
94025

	
6

	
1

	  	
1280000.00

	
3

	
225

	
100.000000

	  	
WARWICK

	
NY

	
10990

	
1

	
1

	
601350.00

	
605000.00

	
3

	
226

	
92.330000

	  	
ORINDA

	
CA

	
94563

	
1

	
1

	
1325000.00

	
1325000.00

	
3

	
227

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94109

	
2

	
2

	
1200000.00

	
1200000.00

	
3

	
228

	
0.000000

	  	
SAN RAFAEL

	
CA

	
94901

	
1

	
1

	  	
5400000.00

	
3

	
229

	
100.000000

	  	
LOS ANGELES

	
CA

	
91436

	
1

	
1

	
1810000.00

	
1810000.00

	
3

	
230

	
100.000000

	  	
ALAMO

	
CA

	
94507

	
1

	
1

	
1975000.00

	
1975000.00

	
3

	
231

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94109

	
3

	
1

	
1329000.00

	
1330000.00

	
3

	
232

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94123

	
1

	
1

	
1950000.00

	
1950000.00

	
3

	
233

	
0.000000

	  	
ALAMO

	
CA

	
94507

	
1

	
1

	  	
1625000.00

	
3

	
234

	
100.000000

	  	
SAN FRANCISCO

	
CA

	
94114

	
1

	
1

	
1950000.00

	
1950000.00

	
3

	
235

	
100.000000

	  	
BOSTON

	
MA

	
02130

	
4

	
1

	
510000.00

	
545000.00

	
3

	
236

	
0.000000

	  	
NEW YORK

	
NY

	
10128

	
4

	
1

	  	
975000.00

	
3

	
237

	
0.000000

	  	
NEW YORK

	
NY

	
10025

	
2

	
1

	  	
1385000.00

	
3

	
238

	
100.000000

	  	
NEW YORK

	
NY

	
10021

	
2

	
1

	
2725000.00

	
2725000.00

	
3

	
239

	
0.000000

	  	
NEW YORK

	
NY

	
10023

	
4

	
1

	  	
4550000.00

	
3

	
240

	
0.000000

	  	
NEW YORK

	
NY

	
10023

	
2

	
1

	  	
2700000.00

	
3

	
241

	
100.000000

	  	
NEW YORK

	
NY

	
10024

	
2

	
1

	
2325000.00

	
2325000.00

	
3

	
242

	
100.000000

	  	
EAST HAMPTON

	
NY

	
11937

	
1

	
2

	
1750010.00

	
1650000.00

	
3

	
243

	
100.000000

	  	
NEW YORK

	
NY

	
10028

	
2

	
1

	
1700000.00

	
1750000.00

	
3

	
244

	
100.000000

	  	
NEW YORK

	
NY

	
10022

	
2

	
1

	
3100000.00

	
3100000.00

	
3

	
245

	
100.000000

	  	
GREAT NECK

	
NY

	
11021

	
1

	
1

	
1365000.00

	
1600000.00

	
3

	
246

	
100.000000

	  	
New York

	
NY

	
10128

	
2

	
1

	
2140000.00

	
2150000.00

	
3

	
247

	
100.000000

	  	
SHORT HILLS

	
NJ

	
07078

	
1

	
1

	
2500000.00

	
2500000.00

	
3

 

	
KEY

	
Original Property

Valuation Date

	
Original Automated

Valuation Model

(AVM) Model Name

	
Original AVM

Confidence Score

	
Most Recent

Property Value2

	
Most Recent

Property Valuation

Type

	
Most Recent

Property Valuation

Date

	
Most Recent AVM

Model Name

	
Most Recent AVM

Confidence Score

	
Original CLTV

	
Original LTV

	
Original Pledged

Assets

	
1

	
20101126

	  	  	  	  	  	  	  	
0.387000

	
0.291667

	
0

	
2

	
20101222

	  	  	  	  	  	  	  	
0.567021

	
0.301064

	
0

	
3

	
20081217

	  	  	  	  	  	  	  	
0.367647

	
0.367647

	
0

	
4

	
20081212

	  	  	
633200.00

	
7

	
20110817

	  	  	
0.709677

	
0.645161

	
0

	
5

	
20081217

	  	  	  	  	  	  	  	
0.089357

	
0.089357

	
0

	
6

	
20080303

	  	  	  	  	  	  	  	
0.709524

	
0.595238

	
0

	
7

	
20081223

	  	  	  	  	  	  	  	
0.353091

	
0.227273

	
0

	
8

	
20081215

	  	  	
900000.00

	
5

	
20110912

	  	  	
0.602864

	
0.505777

	
0

	
9

	
20081219

	  	  	
1326500.00

	
7

	
20110817

	  	  	
0.750000

	
0.543440

	
0

	
10

	
20090119

	  	  	
465500.00

	
7

	
20110817

	  	  	
0.789758

	
0.789758

	
0

	
11

	
20081216

	  	  	
824500.00

	
7

	
20110817

	  	  	
0.600000

	
0.600000

	
0

	
12

	
20081219

	  	  	
1100000.00

	
10

	
20110829

	  	  	
0.714615

	
0.406923

	
0

	
13

	
20081218

	  	  	
1121082.00

	
10

	
20110829

	  	  	
0.515021

	
0.472103

	
0

	
14

	
20081219

	  	  	  	  	  	  	  	
0.298361

	
0.298361

	
0

	
15

	
20081223

	  	  	
1125000.00

	
5

	
20110912

	  	  	
0.600000

	
0.480769

	
0

	
16

	
20081229

	  	  	
750000.00

	
5

	
20110912

	  	  	
0.799053

	
0.493491

	
0

	
17

	
20081222

	  	  	
675000.00

	
10

	
20110829

	  	  	
0.660000

	
0.660000

	
0

	
18

	
20081219

	  	  	
1763900.00

	
7

	
20110817

	  	  	
0.513889

	
0.347222

	
0

	
19

	
20080902

	  	  	
950000.00

	
10

	
20110829

	  	  	
0.800000

	
0.750000

	
0

	
20

	
20081224

	  	  	
513500.00

	
7

	
20110817

	  	  	
0.758491

	
0.758491

	
0

	
21

	
20090102

	  	  	
997000.00

	
10

	
20110829

	  	  	
0.470000

	
0.356364

	
0

	
22

	
20081220

	  	  	
875000.00

	
10

	
20110829

	  	  	
0.644330

	
0.644330

	
0

	
23

	
20081223

	  	  	
900000.00

	
5

	
20110912

	  	  	
0.699000

	
0.625000

	
0

	
24

	
20081219

	  	  	
1009700.00

	
7

	
20110817

	  	  	
0.710000

	
0.625000

	
0

	
25

	
20081223

	  	  	
820900.00

	
10

	
20110829

	  	  	
0.800000

	
0.800000

	
0

	
26

	
20081202

	  	  	  	  	  	  	  	
0.478830

	
0.266064

	
0

	
27

	
20090327

	  	  	
660000.00

	
5

	
20110912

	  	  	
0.628387

	
0.538065

	
0

	
28

	
20081219

	  	  	
2450000.00

	
10

	
20110829

	  	  	
0.266170

	
0.266170

	
0

	
29

	
20081223

	  	  	
406100.00

	
7

	
20110817

	  	  	
0.627854

	
0.627854

	
0

	
30

	
20090101

	  	  	
1125000.00

	
10

	
20110829

	  	  	
0.648980

	
0.510204

	
0

	
31

	
20090109

	  	  	  	  	  	  	  	
0.314545

	
0.223636

	
0

	
32

	
20090304

	  	  	
679000.00

	
10

	
20110829

	  	  	
0.559732

	
0.559732

	
0

	
33

	
20090206

	  	  	
1100000.00

	
10

	
20110829

	  	  	
0.340426

	
0.340426

	
0

	
34

	
20090319

	  	  	
543900.00

	
7

	
20110817

	  	  	
0.738053

	
0.738053

	
0

	
35

	
20090422

	  	  	
2350000.00

	
10

	
20110829

	  	  	
0.301545

	
0.265182

	
0

	
36

	
20090407

	  	  	
650000.00

	
5

	
20110912

	  	  	
0.595123

	
0.595123

	
0

	
37

	
20090526

	  	  	
1043600.00

	
7

	
20110817

	  	  	
0.575000

	
0.575000

	
0

	
38

	
20090528

	  	  	
550200.00

	
7

	
20110817

	  	  	
0.780476

	
0.780476

	
0

	
39

	
20090528

	  	  	
123300.00

	
7

	
20110817

	  	  	
0.699994

	
0.699994

	
0

	
40

	
20090515

	  	  	
802300.00

	
7

	
20110817

	  	  	
0.750000

	
0.750000

	
0

	
41

	
20091119

	  	  	  	  	  	  	  	
0.298969

	
0.298969

	
0

	
42

	
20090612

	  	  	
1241000.00

	
7

	
20110817

	  	  	
0.500000

	
0.500000

	
0

	
43

	
20090711

	  	  	
445100.00

	
7

	
20110817

	  	  	
0.800000

	
0.800000

	
0

	
44

	
20090819

	  	  	
552500.00

	
7

	
20110817

	  	  	
0.744643

	
0.744643

	
0

	
45

	
20091013

	  	  	  	  	  	  	  	
0.539683

	
0.539683

	
0

	
46

	
20091210

	  	  	  	  	  	  	  	
0.695962

	
0.561346

	
0

	
47

	
20091208

	  	  	  	  	  	  	  	
0.365479

	
0.228493

	
0

	
48

	
20100520

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
49

	
20100219

	  	  	  	  	  	  	  	
0.143137

	
0.143137

	
0

	
50

	
20100315

	  	  	  	  	  	  	  	
0.416667

	
0.208333

	
0

	
51

	
20100928

	  	  	  	  	  	  	  	
0.700000

	
0.600000

	
0

	
52

	
20100713

	  	  	  	  	  	  	  	
0.425926

	
0.425926

	
0

	
53

	
20100907

	  	  	  	  	  	  	  	
0.484530

	
0.484530

	
0

	
54

	
20100727

	  	  	  	  	  	  	  	
0.088911

	
0.061111

	
0

	
55

	
20100722

	  	  	  	  	  	  	  	
0.600000

	
0.600000

	
0

	
56

	
20100730

	  	  	  	  	  	  	  	
0.666667

	
0.666667

	
0

	
57

	
20100812

	  	  	  	  	  	  	  	
0.746220

	
0.355976

	
0

	
58

	
20100902

	  	  	  	  	  	  	  	
0.749117

	
0.678445

	
0

	
59

	
20100806

	  	  	  	  	  	  	  	
0.457037

	
0.308889

	
0

	
60

	
20100803

	  	  	  	  	  	  	  	
0.562500

	
0.562500

	
0

	
61

	
20100810

	  	  	  	  	  	  	  	
0.571900

	
0.291900

	
0

	
62

	
20100817

	  	  	  	  	  	  	  	
0.600000

	
0.600000

	
0

	
63

	
20100831

	  	  	  	  	  	  	  	
0.656693

	
0.656693

	
0

	
64

	
20100823

	  	  	  	  	  	  	  	
0.718182

	
0.415152

	
0

	
65

	
20100901

	  	  	  	  	  	  	  	
0.652273

	
0.545455

	
0

	
66

	
20100927

	  	  	  	  	  	  	  	
0.224490

	
0.224490

	
0

	
67

	
20100830

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
68

	
20100910

	  	  	  	  	  	  	  	
0.624000

	
0.568000

	
0

	
69

	
20100924

	  	  	  	  	  	  	  	
0.444444

	
0.444444

	
0

	
70

	
20100816

	  	  	  	  	  	  	  	
0.649098

	
0.444898

	
0

	
71

	
20100901

	  	  	  	  	  	  	  	
0.784314

	
0.784314

	
0

	
72

	
20100917

	  	  	  	  	  	  	  	
0.287586

	
0.287586

	
0

	
73

	
20100916

	  	  	  	  	  	  	  	
0.530000

	
0.230000

	
0

	
74

	
20100909

	  	  	  	  	  	  	  	
0.650000

	
0.638978

	
0

	
75

	
20101018

	  	  	  	  	  	  	  	
0.726923

	
0.726923

	
0

	
76

	
20100927

	  	  	  	  	  	  	  	
0.571429

	
0.571429

	
0

	
77

	
20101006

	  	  	  	  	  	  	  	
0.750000

	
0.733417

	
0

	
78

	
20100922

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
79

	
20101013

	  	  	  	  	  	  	  	
0.763636

	
0.763636

	
0

	
80

	
20100927

	  	  	  	  	  	  	  	
0.282154

	
0.128308

	
0

	
81

	
20100922

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
82

	
20100924

	  	  	  	  	  	  	  	
0.588235

	
0.588235

	
0

	
83

	
20101015

	  	  	  	  	  	  	  	
0.393333

	
0.213846

	
0

	
84

	
20101022

	  	  	  	  	  	  	  	
0.539048

	
0.539048

	
0

	
85

	
20101013

	  	  	  	  	  	  	  	
0.659574

	
0.659574

	
0

	
86

	
20101014

	  	  	  	  	  	  	  	
0.480978

	
0.154891

	
0

	
87

	
20101105

	  	  	  	  	  	  	  	
0.666667

	
0.500000

	
0

	
88

	
20101103

	  	  	  	  	  	  	  	
0.486207

	
0.486207

	
0

	
89

	
20101104

	  	  	  	  	  	  	  	
0.617778

	
0.617778

	
0

	
90

	
20101015

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
91

	
20101018

	  	  	  	  	  	  	  	
0.800000

	
0.691244

	
0

	
92

	
20101015

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
93

	
20101103

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
94

	
20101110

	  	  	  	  	  	  	  	
0.668605

	
0.610465

	
0

	
95

	
20101029

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
96

	
20101025

	  	  	  	  	  	  	  	
0.541667

	
0.541667

	
0

	
97

	
20101116

	  	  	  	  	  	  	  	
0.596774

	
0.596774

	
0

	
98

	
20101103

	  	  	  	  	  	  	  	
0.630435

	
0.630435

	
0

	
99

	
20101114

	  	  	  	  	  	  	  	
0.705000

	
0.238333

	
0

	
100

	
20101109

	  	  	  	  	  	  	  	
0.476136

	
0.476136

	
0

	
101

	
20101210

	  	  	  	  	  	  	  	
0.478182

	
0.441818

	
0

	
102

	
20101208

	  	  	  	  	  	  	  	
0.454958

	
0.121625

	
0

	
103

	
20101118

	  	  	  	  	  	  	  	
0.418537

	
0.369756

	
0

	
104

	
20101112

	  	  	  	  	  	  	  	
0.528925

	
0.313871

	
0

	
105

	
20101117

	  	  	  	  	  	  	  	
0.552308

	
0.552308

	
0

	
106

	
20101108

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
107

	
20101129

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
108

	
20101110

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
109

	
20101111

	  	  	  	  	  	  	  	
0.558977

	
0.331705

	
0

	
110

	
20101106

	  	  	  	  	  	  	  	
0.733333

	
0.486500

	
0

	
111

	
20101222

	  	  	  	  	  	  	  	
0.500000

	
0.454545

	
0

	
112

	
20101123

	  	  	  	  	  	  	  	
0.664103

	
0.564103

	
0

	
113

	
20101122

	  	  	  	  	  	  	  	
0.560714

	
0.292857

	
0

	
114

	
20101123

	  	  	  	  	  	  	  	
0.560440

	
0.560440

	
0

	
115

	
20101206

	  	  	  	  	  	  	  	
0.712821

	
0.615385

	
0

	
116

	
20101130

	  	  	  	  	  	  	  	
0.693636

	
0.374545

	
0

	
117

	
20101210

	  	  	  	  	  	  	  	
0.608125

	
0.608125

	
0

	
118

	
20101130

	  	  	  	  	  	  	  	
0.072252

	
0.072252

	
0

	
119

	
20101208

	  	  	  	  	  	  	  	
0.800000

	
0.397143

	
0

	
120

	
20101203

	  	  	  	  	  	  	  	
0.697674

	
0.697674

	
0

	
121

	
20101130

	  	  	  	  	  	  	  	
0.432425

	
0.432425

	
0

	
122

	
20101210

	  	  	  	  	  	  	  	
0.623333

	
0.290000

	
0

	
123

	
20101213

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
124

	
20101229

	  	  	  	  	  	  	  	
0.207662

	
0.141872

	
0

	
125

	
20101218

	  	  	  	  	  	  	  	
0.214286

	
0.214286

	
0

	
126

	
20110127

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
127

	
19000100

	  	  	  	  	  	  	  	
0.206250

	
0.206250

	
0

	
128

	
20101217

	  	  	  	  	  	  	  	
0.563380

	
0.563380

	
0

	
129

	
20101222

	  	  	  	  	  	  	  	
0.112703

	
0.112703

	
0

	
130

	
20110107

	  	  	  	  	  	  	  	
0.100655

	
0.100655

	
0

	
131

	
19000100

	  	  	  	  	  	  	  	
0.695000

	
0.695000

	
0

	
132

	
20110103

	  	  	  	  	  	  	  	
0.799636

	
0.799636

	
0

	
133

	
20101101

	  	  	  	  	  	  	  	
0.682927

	
0.682927

	
0

	
134

	
20081223

	  	  	
2500000.00

	
10

	
20110829

	  	  	
0.329211

	
0.329211

	
0

	
135

	
20081218

	  	  	
4404900.00

	
7

	
20110817

	  	  	
0.454727

	
0.227455

	
0

	
136

	
20081219

	  	  	
2700000.00

	
5

	
20110912

	  	  	
0.386061

	
0.252727

	
0

	
137

	
20090113

	  	  	
875000.00

	
5

	
20110912

	  	  	
0.460773

	
0.460773

	
0

	
138

	
20100714

	  	  	  	  	  	  	  	
0.699718

	
0.699718

	
0

	
139

	
20100927

	  	  	  	  	  	  	  	
0.365854

	
0.365854

	
0

	
140

	
20100922

	  	  	  	  	  	  	  	
0.218182

	
0.218182

	
0

	
141

	
20100922

	  	  	  	  	  	  	  	
0.423077

	
0.423077

	
0

	
142

	
20101103

	  	  	  	  	  	  	  	
0.379310

	
0.379310

	
0

	
143

	
20081222

	  	  	  	  	  	  	  	
0.343802

	
0.343802

	
0

	
144

	
20081222

	  	  	
381200.00

	
7

	
20110817

	  	  	
0.800000

	
0.800000

	
0

	
145

	
20081223

	  	  	
1156700.00

	
7

	
20110817

	  	  	
0.653696

	
0.466926

	
0

	
146

	
20090105

	  	  	
510000.00

	
5

	
20110912

	  	  	
0.620370

	
0.620370

	
0

	
147

	
20081223

	  	  	
827600.00

	
7

	
20110817

	  	  	
0.508743

	
0.508743

	
0

	
148

	
20090211

	  	  	
1528100.00

	
7

	
20110817

	  	  	
0.510968

	
0.269032

	
0

	
149

	
20090217

	  	  	
555000.00

	
5

	
20110912

	  	  	
0.470769

	
0.470769

	
0

	
150

	
20090328

	  	  	  	  	  	  	  	
0.567000

	
0.417000

	
0

	
151

	
20090316

	  	  	
373200.00

	
7

	
20110817

	  	  	
0.740000

	
0.740000

	
0

	
152

	
20091210

	  	  	  	  	  	  	  	
0.289583

	
0.289583

	
0

	
153

	
20090408

	  	  	
444100.00

	
7

	
20110817

	  	  	
0.510022

	
0.510022

	
0

	
154

	
20090506

	  	  	
1557000.00

	
7

	
20110817

	  	  	
0.479077

	
0.479077

	
0

	
155

	
20090601

	  	  	  	  	  	  	  	
0.738462

	
0.436538

	
0

	
156

	
20090619

	  	  	
3823300.00

	
7

	
20110817

	  	  	
0.406250

	
0.156250

	
0

	
157

	
20100126

	  	  	  	  	  	  	  	
0.552125

	
0.364625

	
0

	
158

	
20100805

	  	  	  	  	  	  	  	
0.607639

	
0.607639

	
0

	
159

	
20100720

	  	  	  	  	  	  	  	
0.622222

	
0.426667

	
0

	
160

	
20100805

	  	  	  	  	  	  	  	
0.727273

	
0.727273

	
0

	
161

	
20100816

	  	  	  	  	  	  	  	
0.787804

	
0.787804

	
0

	
162

	
20100812

	  	  	  	  	  	  	  	
0.688623

	
0.688623

	
0

	
163

	
20101012

	  	  	  	  	  	  	  	
0.741556

	
0.643556

	
0

	
164

	
20100827

	  	  	  	  	  	  	  	
0.513889

	
0.305556

	
0

	
165

	
20101123

	  	  	  	  	  	  	  	
0.799171

	
0.530354

	
0

	
166

	
20101004

	  	  	  	  	  	  	  	
0.530864

	
0.493827

	
0

	
167

	
20101027

	  	  	  	  	  	  	  	
0.333333

	
0.285714

	
0

	
168

	
20101027

	  	  	  	  	  	  	  	
0.243000

	
0.243000

	
0

	
169

	
20101030

	  	  	  	  	  	  	  	
0.568996

	
0.422196

	
0

	
170

	
20101102

	  	  	  	  	  	  	  	
0.698113

	
0.698113

	
0

	
171

	
20101113

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
172

	
20101123

	  	  	  	  	  	  	  	
0.523783

	
0.347500

	
0

	
173

	
20101202

	  	  	  	  	  	  	  	
0.447699

	
0.447699

	
0

	
174

	
20101116

	  	  	  	  	  	  	  	
0.452381

	
0.452381

	
0

	
175

	
20101120

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
176

	
20101201

	  	  	  	  	  	  	  	
0.410704

	
0.410704

	
0

	
177

	
20101201

	  	  	  	  	  	  	  	
0.614035

	
0.614035

	
0

	
178

	
20101209

	  	  	  	  	  	  	  	
0.236364

	
0.236364

	
0

	
179

	
20101209

	  	  	  	  	  	  	  	
0.710938

	
0.710938

	
0

	
180

	
20101210

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
181

	
20101220

	  	  	  	  	  	  	  	
0.331250

	
0.331250

	
0

	
182

	
20100820

	  	  	  	  	  	  	  	
0.663333

	
0.663333

	
0

	
183

	
20100819

	  	  	  	  	  	  	  	
0.620000

	
0.620000

	
0

	
184

	
20100917

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
185

	
20100930

	  	  	  	  	  	  	  	
0.584598

	
0.577056

	
0

	
186

	
20101013

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
187

	
20101026

	  	  	  	  	  	  	  	
0.694006

	
0.694006

	
0

	
188

	
20101027

	  	  	  	  	  	  	  	
0.700000

	
0.700000

	
0

	
189

	
20101104

	  	  	  	  	  	  	  	
0.676997

	
0.676997

	
0

	
190

	
20101217

	  	  	  	  	  	  	  	
0.555556

	
0.555556

	
0

	
191

	
20110120

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
192

	
20101231

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
193

	
20110203

	  	  	  	  	  	  	  	
0.650000

	
0.583333

	
0

	
194

	
20110215

	  	  	  	  	  	  	  	
0.238095

	
0.238095

	
0

	
195

	
20110216

	  	  	  	  	  	  	  	
0.357143

	
0.357143

	
0

	
196

	
20110201

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
197

	
20110215

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
198

	
20110216

	  	  	  	  	  	  	  	
0.800000

	
0.627451

	
0

	
199

	
20110222

	  	  	  	  	  	  	  	
0.500000

	
0.500000

	
0

	
200

	
20110214

	  	  	  	  	  	  	  	
0.750000

	
0.682182

	
0

	
201

	
20110310

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
202

	
20110222

	  	  	  	  	  	  	  	
0.523810

	
0.476190

	
0

	
203

	
20110308

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
204

	
20110323

	  	  	  	  	  	  	  	
0.657895

	
0.526316

	
0

	
205

	
20110316

	  	  	  	  	  	  	  	
0.741176

	
0.741176

	
0

	
206

	
20101116

	  	  	  	  	  	  	  	
0.600000

	
0.600000

	
0

	
207

	
20110304

	  	  	  	  	  	  	  	
0.615217

	
0.615217

	
0

	
208

	
20110407

	  	  	  	  	  	  	  	
0.485294

	
0.485294

	
0

	
209

	
20110404

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
210

	
20110421

	  	  	  	  	  	  	  	
0.600000

	
0.600000

	
0

	
211

	
20110118

	  	  	  	  	  	  	  	
0.517647

	
0.517647

	
0

	
212

	
20110404

	  	  	  	  	  	  	  	
0.790331

	
0.790331

	
0

	
213

	
20110425

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
214

	
20110412

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
215

	
20110419

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
216

	
20110420

	  	  	  	  	  	  	  	
0.750000

	
0.632911

	
0

	
217

	
20110426

	  	  	  	  	  	  	  	
0.478261

	
0.478261

	
0

	
218

	
20110524

	  	  	  	  	  	  	  	
0.684545

	
0.366364

	
0

	
219

	
20110513

	  	  	  	  	  	  	  	
0.611538

	
0.457692

	
0

	
220

	
20110505

	  	  	  	  	  	  	  	
0.448276

	
0.448276

	
0

	
221

	
20110511

	  	  	  	  	  	  	  	
0.611111

	
0.611111

	
0

	
222

	
20110425

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
223

	
20110503

	  	  	  	  	  	  	  	
0.777778

	
0.777778

	
0

	
224

	
20110516

	  	  	  	  	  	  	  	
0.781250

	
0.781250

	
0

	
225

	
20110518

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
226

	
20110429

	  	  	  	  	  	  	  	
0.660377

	
0.584906

	
0

	
227

	
20110503

	  	  	  	  	  	  	  	
0.416667

	
0.416667

	
0

	
228

	
20110504

	  	  	  	  	  	  	  	
0.601852

	
0.462963

	
0

	
229

	
20110502

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
230

	
20110525

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
231

	
20110523

	  	  	  	  	  	  	  	
0.752445

	
0.752445

	
0

	
232

	
20110613

	  	  	  	  	  	  	  	
0.750000

	
0.750000

	
0

	
233

	
20110617

	  	  	  	  	  	  	  	
0.618462

	
0.618462

	
0

	
234

	
20110212

	  	  	  	  	  	  	  	
0.564103

	
0.564103

	
0

	
235

	
20101112

	  	  	  	  	  	  	  	
0.800000

	
0.800000

	
0

	
236

	
20090114

	  	  	
941100.00

	
7

	
20110817

	  	  	
0.358974

	
0.358974

	
0

	
237

	
20100727

	  	  	  	  	  	  	  	
0.689531

	
0.689531

	
0

	
238

	
20100831

	  	  	  	  	  	  	  	
0.500000

	
0.500000

	
0

	
239

	
20101014

	  	  	  	  	  	  	  	
0.548857

	
0.329077

	
0

	
240

	
20101013

	  	  	  	  	  	  	  	
0.270000

	
0.270000

	
0

	
241

	
20101014

	  	  	  	  	  	  	  	
0.430108

	
0.430108

	
0

	
242

	
20101226

	  	  	  	  	  	  	  	
0.689394

	
0.689394

	
0

	
243

	
20110328

	  	  	  	  	  	  	  	
0.500000

	
0.500000

	
0

	
244

	
20110128

	  	  	  	  	  	  	  	
0.500000

	
0.500000

	
0

	
245

	
20110325

	  	  	  	  	  	  	  	
0.732601

	
0.732601

	
0

	
246

	
20110414

	  	  	  	  	  	  	  	
0.500000

	
0.500000

	
0

	
247

	
20110427

	  	  	  	  	  	  	  	
0.400000

	
0.400000

	
0

 

	
KEY

	
Mortgage Insurance

Company Name

	
Mortgage Insurance

Percent

	
MI: Lender or

Borrower Paid?

	
Pool Insurance Co.

Name

	
Pool Insurance Stop

Loss %

	
MI Certificate

Number

	
Updated DTI

(Front-end)

	
Updated DTI

(Back-end)

	
Modification

Effective Payment

Date

	
Total Capitalized

Amount

	
1

	  	
0

	  	  	  	  	  	  	  	  
	
2

	  	
0

	  	  	  	  	  	  	  	  
	
3

	  	
0

	  	  	  	  	  	  	  	  
	
4

	  	
0

	  	  	  	  	  	  	  	  
	
5

	  	
0

	  	  	  	  	  	  	  	  
	
6

	  	
0

	  	  	  	  	  	  	  	  
	
7

	  	
0

	  	  	  	  	  	  	  	  
	
8

	  	
0

	  	  	  	  	  	  	  	  
	
9

	  	
0

	  	  	  	  	  	  	  	  
	
10

	  	
0

	  	  	  	  	  	  	  	  
	
11

	  	
0

	  	  	  	  	  	  	  	  
	
12

	  	
0

	  	  	  	  	  	  	  	  
	
13

	  	
0

	  	  	  	  	  	  	  	  
	
14

	  	
0

	  	  	  	  	  	  	  	  
	
15

	  	
0

	  	  	  	  	  	  	  	  
	
16

	  	
0

	  	  	  	  	  	  	  	  
	
17

	  	
0

	  	  	  	  	  	  	  	  
	
18

	  	
0

	  	  	  	  	  	  	  	  
	
19

	  	
0

	  	  	  	  	  	  	  	  
	
20

	  	
0

	  	  	  	  	  	  	  	  
	
21

	  	
0

	  	  	  	  	  	  	  	  
	
22

	  	
0

	  	  	  	  	  	  	  	  
	
23

	  	
0

	  	  	  	  	  	  	  	  
	
24

	  	
0

	  	  	  	  	  	  	  	  
	
25

	  	
0

	  	  	  	  	  	  	  	  
	
26

	  	
0

	  	  	  	  	  	  	  	  
	
27

	  	
0

	  	  	  	  	  	  	  	  
	
28

	  	
0

	  	  	  	  	  	  	  	  
	
29

	  	
0

	  	  	  	  	  	  	  	  
	
30

	  	
0

	  	  	  	  	  	  	  	  
	
31

	  	
0

	  	  	  	  	  	  	  	  
	
32

	  	
0

	  	  	  	  	  	  	  	  
	
33

	  	
0

	  	  	  	  	  	  	  	  
	
34

	  	
0

	  	  	  	  	  	  	  	  
	
35

	  	
0

	  	  	  	  	  	  	  	  
	
36

	  	
0

	  	  	  	  	  	  	  	  
	
37

	  	
0

	  	  	  	  	  	  	  	  
	
38

	  	
0

	  	  	  	  	  	  	  	  
	
39

	  	
0

	  	  	  	  	  	  	  	  
	
40

	  	
0

	  	  	  	  	  	  	  	  
	
41

	  	
0

	  	  	  	  	  	  	  	  
	
42

	  	
0

	  	  	  	  	  	  	  	  
	
43

	  	
0

	  	  	  	  	  	  	  	  
	
44

	  	
0

	  	  	  	  	  	  	  	  
	
45

	  	
0

	  	  	  	  	  	  	  	  
	
46

	  	
0

	  	  	  	  	  	  	  	  
	
47

	  	
0

	  	  	  	  	  	  	  	  
	
48

	  	
0

	  	  	  	  	  	  	  	  
	
49

	  	
0

	  	  	  	  	  	  	  	  
	
50

	  	
0

	  	  	  	  	  	  	  	  
	
51

	  	
0

	  	  	  	  	  	  	  	  
	
52

	  	
0

	  	  	  	  	  	  	  	  
	
53

	  	
0

	  	  	  	  	  	  	  	  
	
54

	  	
0

	  	  	  	  	  	  	  	  
	
55

	  	
0

	  	  	  	  	  	  	  	  
	
56

	  	
0

	  	  	  	  	  	  	  	  
	
57

	  	
0

	  	  	  	  	  	  	  	  
	
58

	  	
0

	  	  	  	  	  	  	  	  
	
59

	  	
0

	  	  	  	  	  	  	  	  
	
60

	  	
0

	  	  	  	  	  	  	  	  
	
61

	  	
0

	  	  	  	  	  	  	  	  
	
62

	  	
0

	  	  	  	  	  	  	  	  
	
63

	  	
0

	  	  	  	  	  	  	  	  
	
64

	  	
0

	  	  	  	  	  	  	  	  
	
65

	  	
0

	  	  	  	  	  	  	  	  
	
66

	  	
0

	  	  	  	  	  	  	  	  
	
67

	  	
0

	  	  	  	  	  	  	  	  
	
68

	  	
0

	  	  	  	  	  	  	  	  
	
69

	  	
0

	  	  	  	  	  	  	  	  
	
70

	  	
0

	  	  	  	  	  	  	  	  
	
71

	  	
0

	  	  	  	  	  	  	  	  
	
72

	  	
0

	  	  	  	  	  	  	  	  
	
73

	  	
0

	  	  	  	  	  	  	  	  
	
74

	  	
0

	  	  	  	  	  	  	  	  
	
75

	  	
0

	  	  	  	  	  	  	  	  
	
76

	  	
0

	  	  	  	  	  	  	  	  
	
77

	  	
0

	  	  	  	  	  	  	  	  
	
78

	  	
0

	  	  	  	  	  	  	  	  
	
79

	  	
0

	  	  	  	  	  	  	  	  
	
80

	  	
0

	  	  	  	  	  	  	  	  
	
81

	  	
0

	  	  	  	  	  	  	  	  
	
82

	  	
0

	  	  	  	  	  	  	  	  
	
83

	  	
0

	  	  	  	  	  	  	  	  
	
84

	  	
0

	  	  	  	  	  	  	  	  
	
85

	  	
0

	  	  	  	  	  	  	  	  
	
86

	  	
0

	  	  	  	  	  	  	  	  
	
87

	  	
0

	  	  	  	  	  	  	  	  
	
88

	  	
0

	  	  	  	  	  	  	  	  
	
89

	  	
0

	  	  	  	  	  	  	  	  
	
90

	  	
0

	  	  	  	  	  	  	  	  
	
91

	  	
0

	  	  	  	  	  	  	  	  
	
92

	  	
0

	  	  	  	  	  	  	  	  
	
93

	  	
0

	  	  	  	  	  	  	  	  
	
94

	  	
0

	  	  	  	  	  	  	  	  
	
95

	  	
0

	  	  	  	  	  	  	  	  
	
96

	  	
0

	  	  	  	  	  	  	  	  
	
97

	  	
0

	  	  	  	  	  	  	  	  
	
98

	  	
0

	  	  	  	  	  	  	  	  
	
99

	  	
0

	  	  	  	  	  	  	  	  
	
100

	  	
0

	  	  	  	  	  	  	  	  
	
101

	  	
0

	  	  	  	  	  	  	  	  
	
102

	  	
0

	  	  	  	  	  	  	  	  
	
103

	  	
0

	  	  	  	  	  	  	  	  
	
104

	  	
0

	  	  	  	  	  	  	  	  
	
105

	  	
0

	  	  	  	  	  	  	  	  
	
106

	  	
0

	  	  	  	  	  	  	  	  
	
107

	  	
0

	  	  	  	  	  	  	  	  
	
108

	  	
0

	  	  	  	  	  	  	  	  
	
109

	  	
0

	  	  	  	  	  	  	  	  
	
110

	  	
0

	  	  	  	  	  	  	  	  
	
111

	  	
0

	  	  	  	  	  	  	  	  
	
112

	  	
0

	  	  	  	  	  	  	  	  
	
113

	  	
0

	  	  	  	  	  	  	  	  
	
114

	  	
0

	  	  	  	  	  	  	  	  
	
115

	  	
0

	  	  	  	  	  	  	  	  
	
116

	  	
0

	  	  	  	  	  	  	  	  
	
117

	  	
0

	  	  	  	  	  	  	  	  
	
118

	  	
0

	  	  	  	  	  	  	  	  
	
119

	  	
0

	  	  	  	  	  	  	  	  
	
120

	  	
0

	  	  	  	  	  	  	  	  
	
121

	  	
0

	  	  	  	  	  	  	  	  
	
122

	  	
0

	  	  	  	  	  	  	  	  
	
123

	  	
0

	  	  	  	  	  	  	  	  
	
124

	  	
0

	  	  	  	  	  	  	  	  
	
125

	  	
0

	  	  	  	  	  	  	  	  
	
126

	  	
0

	  	  	  	  	  	  	  	  
	
127

	  	
0

	  	  	  	  	  	  	  	  
	
128

	  	
0

	  	  	  	  	  	  	  	  
	
129

	  	
0

	  	  	  	  	  	  	  	  
	
130

	  	
0

	  	  	  	  	  	  	  	  
	
131

	  	
0

	  	  	  	  	  	  	  	  
	
132

	  	
0

	  	  	  	  	  	  	  	  
	
133

	  	
0

	  	  	  	  	  	  	  	  
	
134

	  	
0

	  	  	  	  	  	  	  	  
	
135

	  	
0

	  	  	  	  	  	  	  	  
	
136

	  	
0

	  	  	  	  	  	  	  	  
	
137

	  	
0

	  	  	  	  	  	  	  	  
	
138

	  	
0

	  	  	  	  	  	  	  	  
	
139

	  	
0

	  	  	  	  	  	  	  	  
	
140

	  	
0

	  	  	  	  	  	  	  	  
	
141

	  	
0

	  	  	  	  	  	  	  	  
	
142

	  	
0

	  	  	  	  	  	  	  	  
	
143

	  	
0

	  	  	  	  	  	  	  	  
	
144

	  	
0

	  	  	  	  	  	  	  	  
	
145

	  	
0

	  	  	  	  	  	  	  	  
	
146

	  	
0

	  	  	  	  	  	  	  	  
	
147

	  	
0

	  	  	  	  	  	  	  	  
	
148

	  	
0

	  	  	  	  	  	  	  	  
	
149

	  	
0

	  	  	  	  	  	  	  	  
	
150

	  	
0

	  	  	  	  	  	  	  	  
	
151

	  	
0

	  	  	  	  	  	  	  	  
	
152

	  	
0

	  	  	  	  	  	  	  	  
	
153

	  	
0

	  	  	  	  	  	  	  	  
	
154

	  	
0

	  	  	  	  	  	  	  	  
	
155

	  	
0

	  	  	  	  	  	  	  	  
	
156

	  	
0

	  	  	  	  	  	  	  	  
	
157

	  	
0

	  	  	  	  	  	  	  	  
	
158

	  	
0

	  	  	  	  	  	  	  	  
	
159

	  	
0

	  	  	  	  	  	  	  	  
	
160

	  	
0

	  	  	  	  	  	  	  	  
	
161

	  	
0

	  	  	  	  	  	  	  	  
	
162

	  	
0

	  	  	  	  	  	  	  	  
	
163

	  	
0

	  	  	  	  	  	  	  	  
	
164

	  	
0

	  	  	  	  	  	  	  	  
	
165

	  	
0

	  	  	  	  	  	  	  	  
	
166

	  	
0

	  	  	  	  	  	  	  	  
	
167

	  	
0

	  	  	  	  	  	  	  	  
	
168

	  	
0

	  	  	  	  	  	  	  	  
	
169

	  	
0

	  	  	  	  	  	  	  	  
	
170

	  	
0

	  	  	  	  	  	  	  	  
	
171

	  	
0

	  	  	  	  	  	  	  	  
	
172

	  	
0

	  	  	  	  	  	  	  	  
	
173

	  	
0

	  	  	  	  	  	  	  	  
	
174

	  	
0

	  	  	  	  	  	  	  	  
	
175

	  	
0

	  	  	  	  	  	  	  	  
	
176

	  	
0

	  	  	  	  	  	  	  	  
	
177

	  	
0

	  	  	  	  	  	  	  	  
	
178

	  	
0

	  	  	  	  	  	  	  	  
	
179

	  	
0

	  	  	  	  	  	  	  	  
	
180

	  	
0

	  	  	  	  	  	  	  	  
	
181

	  	
0

	  	  	  	  	  	  	  	  
	
182

	  	
0

	  	  	  	  	  	  	  	  
	
183

	  	
0

	  	  	  	  	  	  	  	  
	
184

	  	
0

	  	  	  	  	  	  	  	  
	
185

	  	
0

	  	  	  	  	  	  	  	  
	
186

	  	
0

	  	  	  	  	  	  	  	  
	
187

	  	
0

	  	  	  	  	  	  	  	  
	
188

	  	
0

	  	  	  	  	  	  	  	  
	
189

	  	
0

	  	  	  	  	  	  	  	  
	
190

	  	
0

	  	  	  	  	  	  	  	  
	
191

	  	
0

	  	  	  	  	  	  	  	  
	
192

	  	
0

	  	  	  	  	  	  	  	  
	
193

	  	
0

	  	  	  	  	  	  	  	  
	
194

	  	
0

	  	  	  	  	  	  	  	  
	
195

	  	
0

	  	  	  	  	  	  	  	  
	
196

	  	
0

	  	  	  	  	  	  	  	  
	
197

	  	
0

	  	  	  	  	  	  	  	  
	
198

	  	
0

	  	  	  	  	  	  	  	  
	
199

	  	
0

	  	  	  	  	  	  	  	  
	
200

	  	
0

	  	  	  	  	  	  	  	  
	
201

	  	
0

	  	  	  	  	  	  	  	  
	
202

	  	
0

	  	  	  	  	  	  	  	  
	
203

	  	
0

	  	  	  	  	  	  	  	  
	
204

	  	
0

	  	  	  	  	  	  	  	  
	
205

	  	
0

	  	  	  	  	  	  	  	  
	
206

	  	
0

	  	  	  	  	  	  	  	  
	
207

	  	
0

	  	  	  	  	  	  	  	  
	
208

	  	
0

	  	  	  	  	  	  	  	  
	
209

	  	
0

	  	  	  	  	  	  	  	  
	
210

	  	
0

	  	  	  	  	  	  	  	  
	
211

	  	
0

	  	  	  	  	  	  	  	  
	
212

	  	
0

	  	  	  	  	  	  	  	  
	
213

	  	
0

	  	  	  	  	  	  	  	  
	
214

	  	
0

	  	  	  	  	  	  	  	  
	
215

	  	
0

	  	  	  	  	  	  	  	  
	
216

	  	
0

	  	  	  	  	  	  	  	  
	
217

	  	
0

	  	  	  	  	  	  	  	  
	
218

	  	
0

	  	  	  	  	  	  	  	  
	
219

	  	
0

	  	  	  	  	  	  	  	  
	
220

	  	
0

	  	  	  	  	  	  	  	  
	
221

	  	
0

	  	  	  	  	  	  	  	  
	
222

	  	
0

	  	  	  	  	  	  	  	  
	
223

	  	
0

	  	  	  	  	  	  	  	  
	
224

	  	
0

	  	  	  	  	  	  	  	  
	
225

	  	
0

	  	  	  	  	  	  	  	  
	
226

	  	
0

	  	  	  	  	  	  	  	  
	
227

	  	
0

	  	  	  	  	  	  	  	  
	
228

	  	
0

	  	  	  	  	  	  	  	  
	
229

	  	
0

	  	  	  	  	  	  	  	  
	
230

	  	
0

	  	  	  	  	  	  	  	  
	
231

	  	
0

	  	  	  	  	  	  	  	  
	
232

	  	
0

	  	  	  	  	  	  	  	  
	
233

	  	
0

	  	  	  	  	  	  	  	  
	
234

	  	
0

	  	  	  	  	  	  	  	  
	
235

	  	
0

	  	  	  	  	  	  	  	  
	
236

	  	
0

	  	  	  	  	  	  	  	  
	
237

	  	
0

	  	  	  	  	  	  	  	  
	
238

	  	
0

	  	  	  	  	  	  	  	  
	
239

	  	
0

	  	  	  	  	  	  	  	  
	
240

	  	
0

	  	  	  	  	  	  	  	  
	
241

	  	
0

	  	  	  	  	  	  	  	  
	
242

	  	
0

	  	  	  	  	  	  	  	  
	
243

	  	
0

	  	  	  	  	  	  	  	  
	
244

	  	
0

	  	  	  	  	  	  	  	  
	
245

	  	
0

	  	  	  	  	  	  	  	  
	
246

	  	
0

	  	  	  	  	  	  	  	  
	
247

	  	
0

	  	  	  	  	  	  	  	  

 

	
KEY

	
Total Deferred

Amount

	
Pre-Modification

Interest (Note) Rate

	
Pre-Modification P&I

Payment

	
Pre-Modification

Initial Interest Rate

Change Downward

Cap

	
Pre-Modification

Subsequent Interest

Rate Cap

	
Pre-Modification

Next Interest Rate

Change Date

	
Pre-Modification I/O

Term

	
Forgiven Principal

Amount

	
1

	  	  	  	  	  	  	  	  
	
2

	  	  	  	  	  	  	  	  
	
3

	  	  	  	  	  	  	  	  
	
4

	  	  	  	  	  	  	  	  
	
5

	  	  	  	  	  	  	  	  
	
6

	  	  	  	  	  	  	  	  
	
7

	  	  	  	  	  	  	  	  
	
8

	  	  	  	  	  	  	  	  
	
9

	  	  	  	  	  	  	  	  
	
10

	  	  	  	  	  	  	  	  
	
11

	  	  	  	  	  	  	  	  
	
12

	  	  	  	  	  	  	  	  
	
13

	  	  	  	  	  	  	  	  
	
14

	  	  	  	  	  	  	  	  
	
15

	  	  	  	  	  	  	  	  
	
16

	  	  	  	  	  	  	  	  
	
17

	  	  	  	  	  	  	  	  
	
18

	  	  	  	  	  	  	  	  
	
19

	  	  	  	  	  	  	  	  
	
20

	  	  	  	  	  	  	  	  
	
21

	  	  	  	  	  	  	  	  
	
22

	  	  	  	  	  	  	  	  
	
23

	  	  	  	  	  	  	  	  
	
24

	  	  	  	  	  	  	  	  
	
25

	  	  	  	  	  	  	  	  
	
26

	  	  	  	  	  	  	  	  
	
27

	  	  	  	  	  	  	  	  
	
28

	  	  	  	  	  	  	  	  
	
29

	  	  	  	  	  	  	  	  
	
30

	  	  	  	  	  	  	  	  
	
31

	  	  	  	  	  	  	  	  
	
32

	  	  	  	  	  	  	  	  
	
33

	  	  	  	  	  	  	  	  
	
34

	  	  	  	  	  	  	  	  
	
35

	  	  	  	  	  	  	  	  
	
36

	  	  	  	  	  	  	  	  
	
37

	  	  	  	  	  	  	  	  
	
38

	  	  	  	  	  	  	  	  
	
39

	  	  	  	  	  	  	  	  
	
40

	  	  	  	  	  	  	  	  
	
41

	  	  	  	  	  	  	  	  
	
42

	  	  	  	  	  	  	  	  
	
43

	  	  	  	  	  	  	  	  
	
44

	  	  	  	  	  	  	  	  
	
45

	  	  	  	  	  	  	  	  
	
46

	  	  	  	  	  	  	  	  
	
47

	  	  	  	  	  	  	  	  
	
48

	  	  	  	  	  	  	  	  
	
49

	  	  	  	  	  	  	  	  
	
50

	  	  	  	  	  	  	  	  
	
51

	  	  	  	  	  	  	  	  
	
52

	  	  	  	  	  	  	  	  
	
53

	  	  	  	  	  	  	  	  
	
54

	  	  	  	  	  	  	  	  
	
55

	  	  	  	  	  	  	  	  
	
56

	  	  	  	  	  	  	  	  
	
57

	  	  	  	  	  	  	  	  
	
58

	  	  	  	  	  	  	  	  
	
59

	  	  	  	  	  	  	  	  
	
60

	  	  	  	  	  	  	  	  
	
61

	  	  	  	  	  	  	  	  
	
62

	  	  	  	  	  	  	  	  
	
63

	  	  	  	  	  	  	  	  
	
64

	  	  	  	  	  	  	  	  
	
65

	  	  	  	  	  	  	  	  
	
66

	  	  	  	  	  	  	  	  
	
67

	  	  	  	  	  	  	  	  
	
68

	  	  	  	  	  	  	  	  
	
69

	  	  	  	  	  	  	  	  
	
70

	  	  	  	  	  	  	  	  
	
71

	  	  	  	  	  	  	  	  
	
72

	  	  	  	  	  	  	  	  
	
73

	  	  	  	  	  	  	  	  
	
74

	  	  	  	  	  	  	  	  
	
75

	  	  	  	  	  	  	  	  
	
76

	  	  	  	  	  	  	  	  
	
77

	  	  	  	  	  	  	  	  
	
78

	  	  	  	  	  	  	  	  
	
79

	  	  	  	  	  	  	  	  
	
80

	  	  	  	  	  	  	  	  
	
81

	  	  	  	  	  	  	  	  
	
82

	  	  	  	  	  	  	  	  
	
83

	  	  	  	  	  	  	  	  
	
84

	  	  	  	  	  	  	  	  
	
85

	  	  	  	  	  	  	  	  
	
86

	  	  	  	  	  	  	  	  
	
87

	  	  	  	  	  	  	  	  
	
88

	  	  	  	  	  	  	  	  
	
89

	  	  	  	  	  	  	  	  
	
90

	  	  	  	  	  	  	  	  
	
91

	  	  	  	  	  	  	  	  
	
92

	  	  	  	  	  	  	  	  
	
93

	  	  	  	  	  	  	  	  
	
94

	  	  	  	  	  	  	  	  
	
95

	  	  	  	  	  	  	  	  
	
96

	  	  	  	  	  	  	  	  
	
97

	  	  	  	  	  	  	  	  
	
98

	  	  	  	  	  	  	  	  
	
99

	  	  	  	  	  	  	  	  
	
100

	  	  	  	  	  	  	  	  
	
101

	  	  	  	  	  	  	  	  
	
102

	  	  	  	  	  	  	  	  
	
103

	  	  	  	  	  	  	  	  
	
104

	  	  	  	  	  	  	  	  
	
105

	  	  	  	  	  	  	  	  
	
106

	  	  	  	  	  	  	  	  
	
107

	  	  	  	  	  	  	  	  
	
108

	  	  	  	  	  	  	  	  
	
109

	  	  	  	  	  	  	  	  
	
110

	  	  	  	  	  	  	  	  
	
111

	  	  	  	  	  	  	  	  
	
112

	  	  	  	  	  	  	  	  
	
113

	  	  	  	  	  	  	  	  
	
114

	  	  	  	  	  	  	  	  
	
115

	  	  	  	  	  	  	  	  
	
116

	  	  	  	  	  	  	  	  
	
117

	  	  	  	  	  	  	  	  
	
118

	  	  	  	  	  	  	  	  
	
119

	  	  	  	  	  	  	  	  
	
120

	  	  	  	  	  	  	  	  
	
121

	  	  	  	  	  	  	  	  
	
122

	  	  	  	  	  	  	  	  
	
123

	  	  	  	  	  	  	  	  
	
124

	  	  	  	  	  	  	  	  
	
125

	  	  	  	  	  	  	  	  
	
126

	  	  	  	  	  	  	  	  
	
127

	  	  	  	  	  	  	  	  
	
128

	  	  	  	  	  	  	  	  
	
129

	  	  	  	  	  	  	  	  
	
130

	  	  	  	  	  	  	  	  
	
131

	  	  	  	  	  	  	  	  
	
132

	  	  	  	  	  	  	  	  
	
133

	  	  	  	  	  	  	  	  
	
134

	  	  	  	  	  	  	  	  
	
135

	  	  	  	  	  	  	  	  
	
136

	  	  	  	  	  	  	  	  
	
137

	  	  	  	  	  	  	  	  
	
138

	  	  	  	  	  	  	  	  
	
139

	  	  	  	  	  	  	  	  
	
140

	  	  	  	  	  	  	  	  
	
141

	  	  	  	  	  	  	  	  
	
142

	  	  	  	  	  	  	  	  
	
143

	  	  	  	  	  	  	  	  
	
144

	  	  	  	  	  	  	  	  
	
145

	  	  	  	  	  	  	  	  
	
146

	  	  	  	  	  	  	  	  
	
147

	  	  	  	  	  	  	  	  
	
148

	  	  	  	  	  	  	  	  
	
149

	  	  	  	  	  	  	  	  
	
150

	  	  	  	  	  	  	  	  
	
151

	  	  	  	  	  	  	  	  
	
152

	  	  	  	  	  	  	  	  
	
153

	  	  	  	  	  	  	  	  
	
154

	  	  	  	  	  	  	  	  
	
155

	  	  	  	  	  	  	  	  
	
156

	  	  	  	  	  	  	  	  
	
157

	  	  	  	  	  	  	  	  
	
158

	  	  	  	  	  	  	  	  
	
159

	  	  	  	  	  	  	  	  
	
160

	  	  	  	  	  	  	  	  
	
161

	  	  	  	  	  	  	  	  
	
162

	  	  	  	  	  	  	  	  
	
163

	  	  	  	  	  	  	  	  
	
164

	  	  	  	  	  	  	  	  
	
165

	  	  	  	  	  	  	  	  
	
166

	  	  	  	  	  	  	  	  
	
167

	  	  	  	  	  	  	  	  
	
168

	  	  	  	  	  	  	  	  
	
169

	  	  	  	  	  	  	  	  
	
170

	  	  	  	  	  	  	  	  
	
171

	  	  	  	  	  	  	  	  
	
172

	  	  	  	  	  	  	  	  
	
173

	  	  	  	  	  	  	  	  
	
174

	  	  	  	  	  	  	  	  
	
175

	  	  	  	  	  	  	  	  
	
176

	  	  	  	  	  	  	  	  
	
177

	  	  	  	  	  	  	  	  
	
178

	  	  	  	  	  	  	  	  
	
179

	  	  	  	  	  	  	  	  
	
180

	  	  	  	  	  	  	  	  
	
181

	  	  	  	  	  	  	  	  
	
182

	  	  	  	  	  	  	  	  
	
183

	  	  	  	  	  	  	  	  
	
184

	  	  	  	  	  	  	  	  
	
185

	  	  	  	  	  	  	  	  
	
186

	  	  	  	  	  	  	  	  
	
187

	  	  	  	  	  	  	  	  
	
188

	  	  	  	  	  	  	  	  
	
189

	  	  	  	  	  	  	  	  
	
190

	  	  	  	  	  	  	  	  
	
191

	  	  	  	  	  	  	  	  
	
192

	  	  	  	  	  	  	  	  
	
193

	  	  	  	  	  	  	  	  
	
194

	  	  	  	  	  	  	  	  
	
195

	  	  	  	  	  	  	  	  
	
196

	  	  	  	  	  	  	  	  
	
197

	  	  	  	  	  	  	  	  
	
198

	  	  	  	  	  	  	  	  
	
199

	  	  	  	  	  	  	  	  
	
200

	  	  	  	  	  	  	  	  
	
201

	  	  	  	  	  	  	  	  
	
202

	  	  	  	  	  	  	  	  
	
203

	  	  	  	  	  	  	  	  
	
204

	  	  	  	  	  	  	  	  
	
205

	  	  	  	  	  	  	  	  
	
206

	  	  	  	  	  	  	  	  
	
207

	  	  	  	  	  	  	  	  
	
208

	  	  	  	  	  	  	  	  
	
209

	  	  	  	  	  	  	  	  
	
210

	  	  	  	  	  	  	  	  
	
211

	  	  	  	  	  	  	  	  
	
212

	  	  	  	  	  	  	  	  
	
213

	  	  	  	  	  	  	  	  
	
214

	  	  	  	  	  	  	  	  
	
215

	  	  	  	  	  	  	  	  
	
216

	  	  	  	  	  	  	  	  
	
217

	  	  	  	  	  	  	  	  
	
218

	  	  	  	  	  	  	  	  
	
219

	  	  	  	  	  	  	  	  
	
220

	  	  	  	  	  	  	  	  
	
221

	  	  	  	  	  	  	  	  
	
222

	  	  	  	  	  	  	  	  
	
223

	  	  	  	  	  	  	  	  
	
224

	  	  	  	  	  	  	  	  
	
225

	  	  	  	  	  	  	  	  
	
226

	  	  	  	  	  	  	  	  
	
227

	  	  	  	  	  	  	  	  
	
228

	  	  	  	  	  	  	  	  
	
229

	  	  	  	  	  	  	  	  
	
230

	  	  	  	  	  	  	  	  
	
231

	  	  	  	  	  	  	  	  
	
232

	  	  	  	  	  	  	  	  
	
233

	  	  	  	  	  	  	  	  
	
234

	  	  	  	  	  	  	  	  
	
235

	  	  	  	  	  	  	  	  
	
236

	  	  	  	  	  	  	  	  
	
237

	  	  	  	  	  	  	  	  
	
238

	  	  	  	  	  	  	  	  
	
239

	  	  	  	  	  	  	  	  
	
240

	  	  	  	  	  	  	  	  
	
241

	  	  	  	  	  	  	  	  
	
242

	  	  	  	  	  	  	  	  
	
243

	  	  	  	  	  	  	  	  
	
244

	  	  	  	  	  	  	  	  
	
245

	  	  	  	  	  	  	  	  
	
246

	  	  	  	  	  	  	  	  
	
247

	  	  	  	  	  	  	  	  

 

	
KEY

	
Forgiven Interest

Amount

	
Number of

Modifications

	
Cash To/From Brrw at Closing

	
Brrw - Yrs at in Industry

	
CoBrrw - Yrs at in Industry

	
Junior Mortgage Drawn Amount

	
Maturity Date

	
Primary Borrower Wage Income (Salary)

	
1

	  	  	  	
14

	
30

	
228800.00

	
1/1/2041

	
0.00

	
2

	  	  	  	
0

	
30

	
250000.00

	
2/1/2041

	
0.00

	
3

	  	  	  	
8

	
12

	
0.00

	
2/1/2039

	
10000.00

	
4

	  	  	  	
20

	
20

	
37625.00

	
2/1/2039

	
9166.58

	
5

	  	  	  	
0

	
0

	
0.00

	
2/1/2039

	  
	
6

	  	  	  	
10

	
5

	
120000.00

	
2/1/2039

	
25921.83

	
7

	  	  	  	
21

	
3

	
346000.00

	
2/1/2039

	
19167.00

	
8

	  	  	  	
9

	
10

	
65000.00

	
2/1/2039

	
11704.33

	
9

	  	  	  	
7

	
10

	
237750.00

	
2/1/2039

	
9250.00

	
10

	  	  	  	
30

	
0

	
0.00

	
3/1/2039

	
619.83

	
11

	  	  	  	
10

	
10

	
0.00

	
2/1/2039

	
16137.00

	
12

	  	  	  	
35

	
0

	
400000.00

	
2/1/2039

	
25000.00

	
13

	  	  	  	
34

	
9

	
50000.00

	
2/1/2039

	
21162.79

	
14

	  	  	  	
20

	
0

	
0.00

	
2/1/2039

	
2222.33

	
15

	  	  	  	
21

	
0

	
155000.00

	
2/1/2039

	
13213.00

	
16

	  	  	  	
4

	
13

	
258200.00

	
2/1/2039

	
6548.00

	
17

	  	  	  	
11

	
0

	
0.00

	
2/1/2039

	
7060.84

	
18

	  	  	  	
16

	
0

	
300000.00

	
2/1/2039

	
15416.68

	
19

	  	  	  	
2

	
0

	
42500.00

	
2/1/2039

	
14166.00

	
20

	  	  	  	
20

	
0

	
0.00

	
3/1/2039

	
6877.80

	
21

	  	  	  	
0

	
0

	
125000.00

	
2/1/2039

	  
	
22

	  	  	  	
13

	
0

	
0.00

	
2/1/2039

	
15000.00

	
23

	  	  	  	
8

	
10

	
74000.00

	
2/1/2039

	
7437.50

	
24

	  	  	  	
11

	
0

	
85000.00

	
2/1/2039

	
25418.67

	
25

	  	  	  	
9

	
13

	
0.00

	
2/1/2039

	
12500.00

	
26

	  	  	  	
1.6

	
0

	
500000.00

	
2/1/2039

	
27501.45

	
27

	  	  	  	
7.1

	
12

	
70000.00

	
5/1/2039

	
9516.00

	
28

	  	  	  	
13

	
5

	
0.00

	
2/1/2039

	
8000.00

	
29

	  	  	  	
20

	
0

	
0.00

	
2/1/2039

	
0.00

	
30

	  	  	  	
12

	
0

	
170000.00

	
2/1/2039

	
59242.29

	
31

	  	  	  	
18

	
0

	
100000.00

	
2/1/2039

	
10675.75

	
32

	  	  	  	
39

	
0

	
0.00

	
5/1/2039

	
52117.25

	
33

	  	  	  	
30

	
0

	
0.00

	
3/1/2039

	
0.00

	
34

	  	  	  	
12

	
0

	
0.00

	
5/1/2039

	
7857.00

	
35

	  	  	  	
7

	
0

	
100000.00

	
6/1/2039

	
0.00

	
36

	  	  	  	
16

	
0

	
0.00

	
6/1/2039

	
14973.60

	
37

	  	  	  	
12

	
0

	
0.00

	
7/1/2039

	
11603.73

	
38

	  	  	  	
7

	
11

	
0.00

	
7/1/2039

	
8601.00

	
39

	  	  	  	
15

	
0

	
0.00

	
7/1/2039

	
2942.27

	
40

	  	  	  	
7

	
3

	
0.00

	
7/1/2039

	
10148.75

	
41

	  	  	  	
0

	
20

	
0.00

	
1/1/2040

	
0.00

	
42

	  	  	  	
30

	
0

	
0.00

	
8/1/2039

	
104166.00

	
43

	  	  	  	
27

	
0

	
0.00

	
8/1/2039

	
7158.00

	
44

	  	  	  	
26

	
0

	
0.00

	
10/1/2039

	
23166.68

	
45

	  	  	  	
0

	
0

	
0.00

	
12/1/2039

	  
	
46

	  	  	  	
10

	
0

	
175000.00

	
2/1/2040

	
10500.00

	
47

	  	  	  	
12

	
0

	
250000.00

	
1/1/2040

	
47197.13

	
48

	  	  	  	
17

	
0

	
0.00

	
7/1/2040

	
0.00

	
49

	  	  	  	
7

	
0

	
0.00

	
4/1/2040

	
0.00

	
50

	  	  	  	
0

	
0

	
500000.00

	
5/1/2040

	  
	
51

	  	  	  	
37

	
0

	
150000.00

	
1/1/2041

	
0.00

	
52

	  	  	  	
41

	
0

	
0.00

	
9/1/2040

	
0.00

	
53

	  	  	  	
4

	
0

	
0.00

	
10/1/2040

	
6666.67

	
54

	  	  	  	
14

	
0

	
0.00

	
10/1/2040

	
0.00

	
55

	  	  	  	
7

	
0

	
0.00

	
10/1/2040

	
0.00

	
56

	  	  	  	
17

	
16

	
0.00

	
10/1/2040

	
0.00

	
57

	  	  	  	
34

	
0

	
800000.00

	
12/1/2040

	  
	
58

	  	  	  	
20

	
0

	
100000.00

	
10/1/2040

	
20545.19

	
59

	  	  	  	
35

	
0

	
200000.00

	
10/1/2040

	  
	
60

	  	  	  	
1

	
0

	
0.00

	
10/1/2040

	
166666.67

	
61

	  	  	  	
10

	
0

	
300699.00

	
9/1/2040

	
16666.67

	
62

	  	  	  	
15

	
0

	
0.00

	
10/1/2040

	  
	
63

	  	  	  	
23

	
0

	
0.00

	
10/1/2040

	
20833.00

	
64

	  	  	  	
5

	
0

	
500000.00

	
11/1/2040

	
0.00

	
65

	  	  	  	
35

	
0

	
235000.00

	
10/1/2040

	
27750.43

	
66

	  	  	  	
0

	
0

	
0.00

	
11/1/2040

	
0.00

	
67

	  	  	  	
0.6

	
0

	
0.00

	
10/1/2040

	
0.00

	
68

	  	  	  	
0

	
0

	
70000.00

	
11/1/2040

	  
	
69

	  	  	  	
16

	
0

	
0.00

	
11/1/2040

	
16667.00

	
70

	  	  	  	
31

	
0

	
0.00

	
10/1/2040

	
64129.58

	
71

	  	  	  	
35

	
0

	
0.00

	
10/1/2040

	
18000.00

	
72

	  	  	  	
20

	
0

	
0.00

	
11/1/2040

	
24187.00

	
73

	  	  	  	
39

	
0

	
900000.00

	
11/1/2040

	
0.00

	
74

	  	  	  	
16

	
0

	
34500.00

	
11/1/2040

	
25000.00

	
75

	  	  	  	
10

	
0

	
0.00

	
3/1/2041

	
37500.00

	
76

	  	  	  	
15

	
10

	
0.00

	
11/1/2040

	
22375.00

	
77

	  	  	  	
22

	
2

	
16500.00

	
12/1/2040

	
12180.00

	
78

	  	  	  	
22

	
2

	
0.00

	
12/1/2040

	
0.00

	
79

	  	  	  	
25

	
0

	
0.00

	
12/1/2040

	
6250.00

	
80

	  	  	  	
0

	
0

	
500000.00

	
11/1/2040

	  
	
81

	  	  	  	
27

	
0

	
0.00

	
11/1/2040

	
0.00

	
82

	  	  	  	
28

	
0

	
0.00

	
11/1/2040

	
21408.42

	
83

	  	  	  	
24

	
0

	
182122.29

	
12/1/2040

	
24162.34

	
84

	  	  	  	
15

	
15

	
0.00

	
12/1/2040

	  
	
85

	  	  	  	
9

	
6

	
0.00

	
12/1/2040

	
21016.00

	
86

	  	  	  	
20

	
0

	
1500000.00

	
12/1/2040

	  
	
87

	  	  	  	
15

	
0

	
500000.00

	
12/1/2040

	
44672.00

	
88

	  	  	  	
27

	
0

	
0.00

	
12/1/2040

	
15487.00

	
89

	  	  	  	
16

	
0

	
0.00

	
12/1/2040

	
0.00

	
90

	  	  	  	
20

	
15

	
0.00

	
12/1/2040

	
12500.00

	
91

	  	  	  	
4

	
0

	
236000.00

	
11/1/2040

	
29885.83

	
92

	  	  	  	
18

	
12

	
0.00

	
12/1/2040

	
6750.00

	
93

	  	  	  	
19

	
0

	
0.00

	
12/1/2040

	
24948.00

	
94

	  	  	  	
20

	
0

	
50000.00

	
1/1/2041

	
0.00

	
95

	  	  	  	
17

	
0

	
0.00

	
12/1/2040

	
16666.00

	
96

	  	  	  	
5

	
10

	
0.00

	
1/1/2041

	  
	
97

	  	  	  	
36

	
25

	
0.00

	
2/1/2041

	
39000.00

	
98

	  	  	  	
13

	
0

	
0.00

	
1/1/2041

	
88380.00

	
99

	  	  	  	
15

	
20

	
1400000.00

	
12/1/2040

	
60387.34

	
100

	  	  	  	
15

	
0

	
0.00

	
1/1/2041

	
32414.34

	
101

	  	  	  	
27

	
0

	
60000.00

	
1/1/2041

	
42308.00

	
102

	  	  	  	
5

	
0

	
0.00

	
1/1/2041

	
0.00

	
103

	  	  	  	
21

	
0

	
0.00

	
2/1/2041

	
5515.92

	
104

	  	  	  	
8

	
0

	
500000.00

	
1/1/2041

	
0.00

	
105

	  	  	  	
24

	
12

	
0.00

	
3/1/2041

	
7743.94

	
106

	  	  	  	
11

	
6

	
0.00

	
1/1/2041

	
19166.67

	
107

	  	  	  	
15

	
0

	
0.00

	
1/1/2041

	
15000.00

	
108

	  	  	  	
26

	
26

	
0.00

	
1/1/2041

	
37916.67

	
109

	  	  	  	
15

	
11

	
500000.00

	
1/1/2041

	
7083.34

	
110

	  	  	  	
10

	
0

	
370250.00

	
12/1/2040

	
14583.00

	
111

	  	  	  	
20

	
0

	
100000.00

	
2/1/2041

	
16666.00

	
112

	  	  	  	
13

	
0

	
39000.00

	
1/1/2041

	
2515.75

	
113

	  	  	  	
4

	
14

	
375000.00

	
1/1/2041

	
0.00

	
114

	  	  	  	
5

	
0

	
0.00

	
1/1/2041

	
18750.00

	
115

	  	  	  	
21

	
0

	
95000.00

	
1/1/2041

	
22745.85

	
116

	  	  	  	
27

	
5

	
26406.61

	
1/1/2041

	
28023.50

	
117

	  	  	  	
43

	
0

	
0.00

	
2/1/2041

	  
	
118

	  	  	  	
3

	
0

	
0.00

	
2/1/2041

	
0.00

	
119

	  	  	  	
3

	
0

	
423000.00

	
2/1/2041

	
0.00

	
120

	  	  	  	
20

	
10

	
0.00

	
1/1/2041

	
19565.64

	
121

	  	  	  	
40

	
20

	
0.00

	
1/1/2041

	
7083.34

	
122

	  	  	  	
34

	
30

	
1000000.00

	
2/1/2041

	
0.00

	
123

	  	  	  	
12

	
11

	
0.00

	
2/1/2041

	
16916.67

	
124

	  	  	  	
20

	
21

	
500000.00

	
2/1/2041

	
0.00

	
125

	  	  	  	
23

	
0

	
0.00

	
2/1/2041

	
0.00

	
126

	  	  	  	
6

	
1.6

	
0.00

	
3/1/2041

	
16667.00

	
127

	  	  	  	
0

	
0

	
0.00

	
1/1/2041

	
0.00

	
128

	  	  	  	
3

	
0

	
0.00

	
1/1/2041

	
37500.00

	
129

	  	  	  	
0

	
0

	
0.00

	
2/1/2041

	
0.00

	
130

	  	  	  	
31

	
30

	
0.00

	
3/1/2041

	
0.00

	
131

	  	  	  	
25

	
0

	
0.00

	
2/1/2041

	
0.00

	
132

	  	  	  	
10

	
21

	
0.00

	
2/1/2041

	  
	
133

	  	  	  	
15

	
0

	
0.00

	
12/1/2040

	
25045.00

	
134

	  	  	  	
19

	
0

	
0.00

	
2/1/2039

	
34541.00

	
135

	  	  	  	
13

	
0

	
625000.00

	
3/1/2039

	
23958.00

	
136

	  	  	  	
10

	
0

	
33000.00

	
3/1/2039

	
23958.34

	
137

	  	  	  	
20

	
5

	
0.00

	
3/1/2039

	
11302.89

	
138

	  	  	  	
14

	
0

	
0.00

	
10/1/2040

	
16666.67

	
139

	  	  	  	
7

	
16

	
0.00

	
12/1/2040

	
20833.34

	
140

	  	  	  	
27

	
9

	
0.00

	
12/1/2040

	
24062.50

	
141

	  	  	  	
18

	
0

	
0.00

	
12/1/2040

	
92917.00

	
142

	  	  	  	
23

	
0

	
0.00

	
2/1/2041

	
73155.35

	
143

	  	  	  	
38

	  	
0.00

	
2/1/2039

	
6666.00

	
144

	  	  	  	
8

	  	
0.00

	
2/1/2039

	
4973.24

	
145

	  	  	  	
10

	  	
240000.00

	
2/1/2039

	
19983.25

	
146

	  	  	  	
0

	  	
0.00

	
2/1/2039

	  
	
147

	  	  	  	
20

	  	
0.00

	
2/1/2039

	
11666.67

	
148

	  	  	  	
10

	
10

	
375000.00

	
4/1/2039

	
11666.67

	
149

	  	  	  	
0

	  	
0.00

	
4/1/2039

	  
	
150

	  	  	  	
14

	  	
150000.00

	
5/1/2039

	
8754.08

	
151

	  	  	  	
25

	  	
0.00

	
5/1/2039

	
3786.46

	
152

	  	  	  	
25

	  	
0.00

	
1/1/2040

	  
	
153

	  	  	  	
28

	  	
0.00

	
8/1/2039

	
11158.00

	
154

	  	  	  	
40

	  	
0.00

	
7/1/2039

	  
	
155

	  	  	  	
40

	  	
392500.00

	
7/1/2039

	
39583.33

	
156

	  	  	  	
30

	  	
1000000.00

	
8/1/2039

	
137307.31

	
157

	  	  	  	
35

	  	
375000.00

	
3/1/2040

	
17506.10

	
158

	  	  	  	
12

	  	
0.00

	
9/1/2040

	
18750.00

	
159

	  	  	  	
12

	  	
880000.00

	
9/1/2040

	  
	
160

	  	  	  	
11

	  	
0.00

	
9/1/2040

	
29167.00

	
161

	  	  	  	
32

	
30

	
0.00

	
10/1/2040

	
35188.88

	
162

	  	  	  	
4

	
5

	
0.00

	
10/1/2040

	
10150.00

	
163

	  	  	  	
2

	
2

	
110250.00

	
1/1/2041

	
6250.00

	
164

	  	  	  	
15

	
17

	
750000.00

	
10/1/2040

	
93760.46

	
165

	  	  	  	
19

	
9

	
250000.00

	
2/1/2041

	
30184.03

	
166

	  	  	  	
18

	
16

	
150000.00

	
12/1/2040

	
60562.00

	
167

	  	  	  	
0

	
16

	
99960.00

	
12/1/2040

	  
	
168

	  	  	  	
1

	
14

	
0.00

	
12/1/2040

	  
	
169

	  	  	  	
19

	
3

	
250000.00

	
1/1/2041

	
25000.00

	
170

	  	  	  	
14

	
12

	
0.00

	
1/1/2041

	  
	
171

	  	  	  	
10

	
3

	
0.00

	
1/1/2041

	
41290.00

	
172

	  	  	  	
10

	
5

	
370195.00

	
1/1/2041

	
22231.92

	
173

	  	  	  	
27

	  	
0.00

	
1/1/2041

	
9269.24

	
174

	  	  	  	
15

	  	
0.00

	
1/1/2041

	
8333.33

	
175

	  	  	  	
10

	
7

	
0.00

	
1/1/2041

	
13333.33

	
176

	  	  	  	
25

	  	
0.00

	
2/1/2041

	  
	
177

	  	  	  	
22

	  	
0.00

	
2/1/2041

	
23096.09

	
178

	  	  	  	
4

	  	
0.00

	
1/1/2041

	
25000.00

	
179

	  	  	  	
18

	  	
0.00

	
2/1/2041

	
19166.67

	
180

	  	  	  	
20

	  	
0.00

	
1/1/2041

	
9696.00

	
181

	  	  	  	
0

	
27

	
0.00

	
2/1/2041

	  
	
182

	  	  	  	
0

	
12

	
0.00

	
10/1/2040

	  
	
183

	  	  	  	
21

	
35

	
0.00

	
10/1/2040

	
22230.60

	
184

	  	  	  	
8

	
10

	
0.00

	
10/1/2040

	
18422.00

	
185

	  	  	  	
12

	  	
0.00

	
11/1/2040

	
17503.00

	
186

	  	  	  	
28

	
25

	
0.00

	
11/1/2040

	
31193.00

	
187

	  	  	  	
10

	  	
0.00

	
1/1/2041

	
2917.00

	
188

	  	  	  	
20

	  	
0.00

	
12/1/2040

	
192276.00

	
189

	  	  	  	
0

	  	
0.00

	
1/1/2041

	  
	
190

	  	  	  	
10

	  	
0.00

	
1/1/2041

	  
	
191

	  	  	  	
10

	
10

	
0.00

	
3/1/2041

	
31380.00

	
192

	  	  	  	
20

	  	
0.00

	
3/1/2041

	
18750.00

	
193

	  	  	  	
13

	  	
100000.00

	
3/1/2041

	
10417.00

	
194

	  	  	  	
24

	  	
0.00

	
4/1/2041

	
14055.00

	
195

	  	  	  	
16

	  	
0.00

	
4/1/2041

	
12.00

	
196

	  	  	  	
15

	
12

	
0.00

	
3/1/2041

	
17606.00

	
197

	  	  	  	
20

	
18

	
0.00

	
3/1/2041

	
4796.00

	
198

	  	  	  	
8

	  	
220000.00

	
4/1/2041

	
18750.00

	
199

	  	  	  	
10

	  	
0.00

	
4/1/2041

	
21667.00

	
200

	  	  	  	
24

	  	
93250.00

	
4/1/2041

	
16883.00

	
201

	  	  	  	
15

	
15

	
0.00

	
5/1/2041

	
10000.00

	
202

	  	  	  	
20

	  	
100000.00

	
4/1/2041

	
16689.00

	
203

	  	  	  	
12

	
8

	
0.00

	
4/1/2041

	
11834.00

	
204

	  	  	  	
24

	  	
500000.00

	
5/1/2041

	
139830.00

	
205

	  	  	  	
2

	  	
0.00

	
4/1/2041

	
762.00

	
206

	  	  	  	
15

	
11

	
0.00

	
5/1/2041

	
17418.00

	
207

	  	  	  	
18

	  	
0.00

	
5/1/2041

	
25000.00

	
208

	  	  	  	
55

	
22

	
0.00

	
6/1/2041

	
25846.00

	
209

	  	  	  	
8

	
16

	
0.00

	
5/1/2041

	
20904.80

	
210

	  	  	  	
15

	
19

	
0.00

	
6/1/2041

	
13750.00

	
211

	  	  	  	
11

	
16

	
0.00

	
5/1/2041

	
20833.00

	
212

	  	  	  	
10

	
3

	
0.00

	
6/1/2041

	
4000.00

	
213

	  	  	  	
8

	  	
0.00

	
6/1/2041

	
33026.00

	
214

	  	  	  	
3.8

	
1.8

	
0.00

	
6/1/2041

	
15251.80

	
215

	  	  	  	
13

	
9

	
0.00

	
6/1/2041

	
27083.34

	
216

	  	  	  	
10

	
13

	
462500.00

	
6/1/2041

	
25000.00

	
217

	  	  	  	
21

	
16

	
0.00

	
6/1/2041

	
80481.00

	
218

	  	  	  	
25

	
18

	
700000.00

	
7/1/2041

	
19500.00

	
219

	  	  	  	
34

	
29

	
200000.00

	
7/1/2041

	
2958.00

	
220

	  	  	  	
10

	  	
0.00

	
6/1/2041

	
52658.00

	
221

	  	  	  	
0

	  	
0.00

	
6/1/2041

	  
	
222

	  	  	  	
10

	  	
0.00

	
6/1/2041

	
33333.33

	
223

	  	  	  	
30

	
10

	
0.00

	
6/1/2041

	
25292.00

	
224

	  	  	  	
9

	
5

	
0.00

	
7/1/2041

	
20833.33

	
225

	  	  	  	
3

	
8

	
0.00

	
6/1/2041

	
5111.00

	
226

	  	  	  	
15

	
14

	
100000.00

	
6/1/2041

	
12083.32

	
227

	  	  	  	
13

	  	
0.00

	
6/1/2041

	
14579.00

	
228

	  	  	  	
23

	
23

	
750000.00

	
6/1/2041

	
335148.08

	
229

	  	  	  	
7

	
15

	
0.00

	
6/1/2041

	
18146.00

	
230

	  	  	  	
30

	  	
0.00

	
7/1/2041

	
66667.00

	
231

	  	  	  	
6

	
3

	
0.00

	
7/1/2041

	
14392.00

	
232

	  	  	  	
20

	  	
0.00

	
7/1/2041

	
16916.66

	
233

	  	  	  	
14

	  	
0.00

	
7/1/2041

	  
	
234

	  	  	  	
10

	
10

	
0.00

	
4/1/2041

	
18965.00

	
235

	  	  	  	
30

	
7

	
0.00

	
12/1/2040

	
33333.34

	
236

	  	  	  	
18

	
17

	
0.00

	
4/1/2039

	
10356.67

	
237

	  	  	  	
36

	  	
0.00

	
10/1/2040

	
41905.68

	
238

	  	  	  	
13

	  	
0.00

	
10/1/2040

	
33333.00

	
239

	  	  	  	
17

	  	
1000000.00

	
2/1/2041

	
20832.00

	
240

	  	  	  	
23

	
23

	
0.00

	
12/1/2040

	
59743.68

	
241

	  	  	  	
6

	
1

	
0.00

	
1/1/2041

	
35585.50

	
242

	  	  	  	
13

	  	
0.00

	
2/1/2041

	
16667.00

	
243

	  	  	  	
12

	
5

	
0.00

	
5/1/2041

	
8333.33

	
244

	  	  	  	
40

	  	
0.00

	
5/1/2041

	
11485.00

	
245

	  	  	  	
7

	
6

	
0.00

	
6/1/2041

	
11833.00

	
246

	  	  	  	
25

	
15

	
0.00

	
7/1/2041

	
54882.00

	
247

	  	  	  	
15

	  	
0.00

	
7/1/2041

	
17641.67

 

	
KEY

	
Primary Borrower Wage Income (Bonus)

	
Primary Borrower Wage Income (Commission)

	
Co-Borrower Wage Income (Salary)

	
Co-Borrower Wage Income (Bonus)

	
Co-Borrower Wage Income (Commission)

	
Originator Doc Code

	
RWT Income Verification

	
RWT Asset Verification

	
1

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
2

	
0.00

	
0.00

	
14415.01

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
3

	
0.00

	
0.00

	
13415.42

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
4

	
1142.38

	  	
1671.63

	  	  	
Full

	
2 years

	
2 Months

	
5

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
6

	  	  	
16869.33

	  	  	
Full

	
2 years

	
2 Months

	
7

	
0.00

	
0.00

	
-1879.92

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
8

	
0.00

	
0.00

	
3942.17

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
9

	  	  	
6250.00

	  	  	
Full

	
2 years

	
2 Months

	
10

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
11

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
12

	
4166.67

	  	  	  	  	
Full

	
2 years

	
2 Months

	
13

	
0.00

	
0.00

	
2885.55

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
14

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
15

	
3725.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
16

	  	  	
3481.00

	  	  	
Full

	
2 years

	
2 Months

	
17

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
18

	
2987.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
19

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
20

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
21

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
22

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
23

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
24

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
25

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
26

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
27

	  	  	
1580.00

	  	
5434.33

	
Full

	
2 years

	
2 Months

	
28

	  	  	
3500.00

	  	  	
Full

	
2 years

	
2 Months

	
29

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
30

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
31

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
32

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
33

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
34

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
35

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
36

	
1241.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
37

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
38

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
39

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
40

	  	  	
3416.00

	  	  	
Full

	
2 years

	
2 Months

	
41

	
0.00

	
0.00

	
4325.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
42

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
43

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
44

	
12785.42

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
45

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
46

	
0.00

	
12000.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
47

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
48

	
0.00

	
0.00

	
5319.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
49

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
50

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
51

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
52

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
53

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
54

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
55

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
56

	
0.00

	
0.00

	
48613.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
57

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
58

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
59

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
60

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
61

	
4166.67

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
62

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
63

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
64

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
65

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
66

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
67

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
68

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
69

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
70

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
71

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
72

	
20791.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
73

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
74

	
111939.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
75

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
76

	
0.00

	
0.00

	
2250.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
77

	
0.00

	
0.00

	
8152.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
78

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
79

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
80

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
81

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
82

	
30552.50

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
83

	
16143.75

	  	  	  	  	
Full

	
2 years

	
2 Months

	
84

	  	  	
3333.00

	  	  	
Full

	
2 years

	
2 Months

	
85

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
86

	  	  	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
87

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
88

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
89

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
90

	
2500.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
91

	
14583.33

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
92

	
0.00

	
0.00

	
9231.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
93

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
94

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
95

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
96

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
97

	  	  	
12065.00

	  	  	
Full

	
2 years

	
2 Months

	
98

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
99

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
100

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
101

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
102

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
103

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
104

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
105

	
0.00

	
0.00

	
14583.34

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
106

	
0.00

	
0.00

	
8952.42

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
107

	  	  	
3333.00

	  	  	
Full

	
2 years

	
2 Months

	
108

	
0.00

	
0.00

	
10000.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
109

	
0.00

	
0.00

	
2916.67

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
110

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
111

	
25000.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
112

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
113

	
0.00

	
0.00

	
7583.34

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
114

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
115

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
116

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
117

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
118

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
119

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
120

	
0.00

	
0.00

	
9166.68

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
121

	
0.00

	
0.00

	
3708.34

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
122

	
0.00

	
0.00

	
24884.09

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
123

	  	  	
17091.67

	  	  	
Full

	
2 years

	
2 Months

	
124

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
125

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
126

	
0.00

	
0.00

	
12552.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
127

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
128

	
10000.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
129

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
130

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
131

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
132

	  	  	
6195.45

	  	  	
Full

	
2 years

	
2 Months

	
133

	
0.00

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
134

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
135

	
76145.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
136

	
76145.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
137

	
0.00

	
0.00

	
16962.17

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
138

	
19583.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
139

	
54905.50

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
140

	
196712.67

	
0.00

	
0.00

	
0.00

	
0.00

	
Full

	
2 years

	
2 Months

	
141

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
142

	
0.00

	
0.00

	  	  	  	
Full

	
2 years

	
2 Months

	
143

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
144

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
145

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
146

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
147

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
148

	  	
34160.83

	  	  	  	
Full

	
2 years

	
2 Months

	
149

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
150

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
151

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
152

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
153

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
154

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
155

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
156

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
157

	
5950.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
158

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
159

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
160

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
161

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
162

	  	  	
8750.00

	  	  	
Full

	
2 years

	
2 Months

	
163

	  	  	
6250.00

	  	  	
Full

	
2 years

	
2 Months

	
164

	  	  	
0.00

	  	  	
Full

	
2 years

	
2 Months

	
165

	  	  	
2315.14

	  	  	
Full

	
2 years

	
1 Month

	
166

	  	  	
6500.00

	  	  	
Full

	
2 years

	
2 Months

	
167

	  	  	
12895.69

	  	  	
Full

	
2 years

	
1 Month

	
168

	  	  	
29477.24

	  	  	
Full

	
2 years

	
2 Months

	
169

	
10047.45

	  	  	  	  	
Full

	
2 years

	
1 Month

	
170

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
171

	  	  	
8333.00

	  	  	
Full

	
2 years

	
1 Month

	
172

	  	  	
11823.75

	  	  	
Full

	
2 years

	
2 Months

	
173

	
2250.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
174

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
175

	
1666.67

	  	
15369.54

	
1666.67

	  	
Full

	
2 years

	
2 Months

	
176

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
177

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
178

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
179

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
180

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
181

	  	  	
2500.00

	  	  	
Full

	
2 years

	
2 Months

	
182

	  	  	
5913.12

	  	  	
Full

	
2 years

	
1 Month

	
183

	  	  	
14917.20

	  	  	
Full

	
2 years

	
1 Month

	
184

	  	  	
2720.00

	  	  	
Full

	
2 years

	
2 Months

	
185

	
13948.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
186

	  	  	  	  	
10495.00

	
Full

	
2 years

	
2 Months

	
187

	  	
21271.00

	  	  	  	
Full

	
2 years

	
2 Months

	
188

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
189

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
190

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
191

	  	  	
7930.00

	  	  	
Full

	
2 years

	
1 Month

	
192

	
1297.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
193

	
14534.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
194

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
195

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
196

	  	  	
7078.00

	  	  	
Full

	
1 year

	
1 Month

	
197

	  	  	
12023.00

	  	  	
Full

	
2 years

	
1 Month

	
198

	
8333.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
199

	
29530.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
200

	
8218.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
201

	  	  	
12950.00

	  	  	
Full

	
2 years

	
1 Month

	
202

	
3843.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
203

	  	  	
4833.00

	  	
6781.00

	
Full

	
2 years

	
1 Month

	
204

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
205

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
206

	  	  	
2917.00

	  	  	
Full

	
2 years

	
1 Month

	
207

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
208

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
209

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
210

	  	  	
20111.00

	  	  	
Full

	
2 years

	
2 Months

	
211

	
39022.00

	  	
7083.00

	  	  	
Full

	
2 years

	
1 Month

	
212

	  	
11454.00

	
5022.77

	
191.00

	  	
Full

	
2 years

	
1 Month

	
213

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
214

	  	  	
10416.68

	  	  	
Full

	
2 years

	
2 Months

	
215

	  	  	
23125.00

	  	  	
Full

	
2 years

	
2 Months

	
216

	
57692.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
217

	  	  	
2000.00

	  	  	
Full

	
2 years

	
2 Months

	
218

	  	  	
10690.33

	  	  	
Full

	
2 years

	
2 Months

	
219

	  	  	
9094.83

	  	  	
Full

	
2 years

	
2 Months

	
220

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
221

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
222

	
11921.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
223

	
8524.00

	  	  	  	  	
Full

	
2 years

	
1 Month

	
224

	  	  	
10833.33

	  	  	
Full

	
2 years

	
2 Months

	
225

	  	  	
7916.67

	
18181.98

	  	
Full

	
2 years

	
1 Month

	
226

	
5379.00

	  	
11440.18

	  	  	
Full

	
2 years

	
1 Month

	
227

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
228

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
229

	  	  	
22044.00

	  	  	
Full

	
2 years

	
1 Month

	
230

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
231

	
4167.00

	  	
5373.00

	  	  	
Full

	
2 years

	
2 Months

	
232

	
11570.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
233

	  	
40687.00

	  	  	  	
Full

	
2 years

	
2 Months

	
234

	  	  	
10416.66

	  	  	
Full

	
2 years

	
2 Months

	
235

	
18124.35

	  	  	  	  	
Full

	
2 years

	
1 Month

	
236

	  	  	
11291.67

	  	  	
Full

	
2 years

	
2 Months

	
237

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
238

	
95258.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
239

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
240

	  	  	
15833.34

	  	  	
Full

	
2 years

	
2 Months

	
241

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
242

	
38428.00

	  	  	  	  	
Full

	
2 years

	
2 Months

	
243

	
12581.00

	  	
21517.00

	  	  	
Full

	
2 years

	
1 Month

	
244

	  	  	  	  	  	
Full

	
2 years

	
1 Month

	
245

	  	  	
19975.84

	  	  	
Full

	
2 years

	
2 Months

	
246

	  	  	  	  	  	
Full

	
2 years

	
2 Months

	
247

	
3667.00

	  	  	  	  	
Full

	
2 years

	
2 Months

 

  

23

  

 

ASF RMBS DISCLOSURE PACKAGE

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

 

	
Field Number

	
Field Name

	
Field Description

	
Type of 

Field

	
Data 

Type

	
Sample 

Data

	
Format

	
When 

Applicable?

	
Valid 

Values

	
Proposed 

Unique Coding

	
Notes

	
1

	
Primary Servicer

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

	
General Information

	
Numeric – Integer

	
2351805

	
9(7)

	
Always

	
”9999999” if Unknown

	  	  
	
2

	
Servicing Fee—Percentage

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

	
General Information

	
Numeric - Decimal

	
0.0025

	
9.999999

	
Loans without flat-dollar servicing fees

	
>= 0 and < 1

	  	
Must be populated if Field 3 is Null

	
3

	
Servicing Fee—Flat-dollar

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

	
General Information

	
Numeric – Decimal

	
7.5

	
9(3).99

	
Loans with flat-dollar servicing fees

	
>= 0 and

<= 999

	  	
Must be populated if 2 is Null

	
4

	
Servicing Advance Methodology

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

	
General Information

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1 = Scheduled Interest, Scheduled Principal

2 = Actual Interest, Actual Principal

3 = Scheduled Interest, Actual Principal

99 = Unknown

	  
	
5

	
Originator

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

	
General Information

	
Numeric – Integer

	
5938671

	
9(7)

	
Always

	
”9999999” if Unknown

	  	  
	
6

	
Loan Group

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

	
General Information

	
Text

	
1A

	
XXXX

	
Always

	
“UNK” if Unknown

	  	  
	
7

	
Loan Number

	
Unique National Mortgage Loan ID Number (Vendor TBD).

	
General Information

	
Numeric – Integer

	
TBD

	
TBD

	
Always

	
TBD

	  	
Details to be provided by Vendor

	
8

	
Amortization Type

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

	
Loan Type

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1 = Fixed

2 = Adjustable

99 = Unknown

	  
	
9

	
Lien Position

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

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
>0

	
99 = Unknown

	  
	
10

	
HELOC Indicator

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

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
11

	
Loan Purpose

	
Indicates the purpose of the loan.

	
Loan Type

	
Numeric – Integer

	
9

	
99

	
Always

	
See Coding

	
See Appendix A

	  
	
12

	
Cash Out Amount

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

 

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

	
Loan Type

	
Numeric – Decimal

	
72476.5

	
9(10).99

	
Always

	
>= 0

	  	  
	
13

	
Total Origination and Discount Points (in dollars)

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

	
Loan Type

	
Numeric – Decimal

	
5250

	
9(10).99

	
Always

	
>= 0

	  	
Typically Lines 801 and 802 of HUD Settlement Statement

	
14

	
Covered/High Cost Loan Indicator

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

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
15

	
Relocation Loan Indicator

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

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
16

	
Broker Indicator

	
Indicates whether a broker took the application.

	
Loan Type

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
17

	
Channel

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

	
Loan Type

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1 = Retail

2 = Broker

3 = Correspondent Bulk

4 = Correspondent Flow with delegated underwriting

5 = Correspondent Flow without delegated underwriting

99 = Unknown

	  
	
18

	
Escrow Indicator

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

	
Loan Type

	
Numeric – Integer

	
3

	
99

	
Always

	
See Coding

	
0 = No Escrows

1 = Taxes

2 = Insurance

3 = HOA dues

4 = Taxes and Insurance

5 = All

99 =Unknown

	  
	
19

	
Senior Loan Amount(s)

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

	
Mortgage Lien Info

	
Numeric – Decimal

	
611004.25

	
9(10).99

	
If Lien Position > 1

	
>= 0

	  	  
	
20

	
Loan Type of Most Senior Lien

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

	
Mortgage Lien Info

	
Numeric – Integer

	
2

	
99

	
If Lien Position > 1

	
See Coding

	
1 = Fixed Rate

2 = ARM

3 = Hybrid

4 = Neg Am

99 = Unknown

	  
	
21

	
Hybrid Period of Most Senior Lien (in months)

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

	
Mortgage Lien Info

	
Numeric – Integer

	
23

	
999

	
If Lien Position > 1

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

	
>= 0

	  	  
	
22

	
Neg Am Limit of Most Senior Lien

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

	
Mortgage Lien Info

	
Numeric – Decimal

	
1.25

	
9.999999

	
If Lien Position > 1

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

	
>= 1 and <= 2

	  	  
	
23

	
Junior Mortgage Balance

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

	
Mortgage Lien Info

	
Numeric – Decimal

	
51775.12

	
9(10).99

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

	
>= 0

	  	
Subject to Regulatory Confirmation

	
24

	
Origination Date of Most Senior Lien

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

	
Mortgage Lien Info

	
Date

	
20090914

	
YYYYMMDD

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

	
“19010101” if unknown

	  	  
	
25

	
Origination Date

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

	
Loan Term and Amortization Type

	
Date

	
20090914

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	  	  
	
26

	
Original Loan Amount

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

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
150000

	
9(10).99

	
Always

	
>0

	  	  
	
27

	
Original Interest Rate

	
The original note rate as indicated on the mortgage note.

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
0.0475

	
9.999999

	
Always

	
> 0 and <= 1

	  	  
	
28

	
Original Amortization Term

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
360

	
999

	
Always

	
>= 60

	  	  
	
29

	
Original Term to Maturity

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
60

	
999

	
Always

	
>0

	
N/A

	  
	
30

	
First Payment Date of Loan

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

	
Loan Term and Amortization Type

	
Date

	
20090914

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	
N/A

	  
	
31

	
Interest Type Indicator

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
2

	
99

	
Always

	
See Coding

	
1= Simple

2 = Actuarial

99 = Unknown

	  
	
32

	
Original Interest Only Term

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
60

	
999

	
Always

	
>= 0 and <= 240

Unknown = Blank;

No Interest Only Term = 0

	  	  
	
33

	
Buy Down Period

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
65

	
999

	
Always

	
>= 0 and <= 100

Unknown = Blank;

No Buy Down = 0

	  	  
	
34

	
HELOC Draw Period

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
24

	
999

	
HELOCs Only

	
>= 12 and <= 120

	  	  
	
35

	
Scheduled Loan Amount

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

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
248951.19

	
9(10).99

	
Always

	
>= 0

	  	  
	
36

	
Current Interest Rate

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

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
0.05875

	
9.999999

	
Always

	
> 0 and <= 1

	  	  
	
37

	
Current Payment Amount Due

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

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
1250.15

	
9(10).99

	
Always

	
> 0

	  	  
	
38

	
Scheduled Interest Paid

Through Date

	  	
Loan Term and Amortization Type

	
Date

	
20090429

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	  	  
	
39

	
Current Payment Status

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

	
Loan Term and Amortization Type

	
Numeric – Integer

	
3

	
99

	
Always

	
>= 0

	  	  
	
40

	
Index Type

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
18

	
99

	
ARMs Only

	
See Coding

	
See Appendix B

	  
	
41

	
ARM Look-back Days

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
45

	
99

	
ARMs Only

	
>= 0 to <=99

	  	  
	
42

	
Gross Margin

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.03

	
9.999999

	
ARMs Only

	
>0 and <= 1

	  	  
	
43

	
ARM Round Flag

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
3

	
9

	
ARMs Only

	
See Coding

	
0 = No Rounding

1 = Up

2 = Down

3 = Nearest

99=Unknown

	  
	
44

	
ARM Round Factor

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.0025 or 0.00125

	
9.999999

	
ARMs Only

Where ARM Round Flag = 1, 2, or 3

	
>= 0 and < 1

	  	  
	
45

	
Initial Fixed Rate Period

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
60

	
999

	
Hybrid ARMs Only

	
>= 1 to <=240

	  	  
	
46

	
Initial Interest Rate Cap (Change Up)

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
47

	
Initial Interest Rate  Cap (Change Down)

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
48

	
Subsequent Interest Rate Reset Period

	
The number of months between subsequent rate adjustments.

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Integer

	
60

	
999

	
ARMs Only

	
>=0 and <= 120

	  	
0 = Loan does not adjust after initial reset

	
49

	
Subsequent Interest Rate (Change Down)

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
50

	
Subsequent Interest Rate Cap (Change Up)

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.02

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	
99=no cap

	  
	
51

	
Lifetime Maximum Rate (Ceiling)

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.125

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

	  	
=1 if no ceiling specified

	 
	 
	
52

	
Lifetime Minimum Rate (Floor)

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

	
Adjustable Rate Mortgages (ARMs)

	
Numeric – Decimal

	
0.015

	
9.999999

	
ARMs Only

	
>= 0 and <= 1

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

	
53

	
Negative Amortization Limit

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

	
Negative Amortization

	
Numeric – Decimal

	
1.25

	
9.999999

	
Negatively Amortizing ARMs Only

	
>=0, and <2

	  	  
	
54

	
Initial Negative Amortization Recast Period

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

	
Negative Amortization

	
Numeric – Integer

	
60

	
999

	
Negatively Amortizing ARMs Only

	
>=0

	  	  
	
55

	
Subsequent Negative Amortization Recast Period

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

	
Negative Amortization

	
Numeric – Integer

	
48

	
999

	
Negatively Amortizing ARMs Only

	
>=0

	  	  
	
56

	
Initial Fixed Payment Period

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

	
Negative Amortization

	
Numeric – Integer

	
60

	
999

	
Negatively Amortizing Hybrid ARMs Only

	
>= 0 to <=120

	  	  
	
57

	
Subsequent Payment Reset Period

	
Number of months between payment adjustments after first payment reset.

	
Negative Amortization

	
Numeric – Integer

	
12

	
999

	
Negatively Amortizing ARMs Only

	
>= 0 to <=120

	  	  
	
58

	
Initial Periodic Payment Cap

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

	
Negative Amortization

	
Numeric – Decimal

	
0.075

	
9.999999

	
Negatively Amortizing ARMs Only

	
>= 0 and < 1

	  	  
	
59

	
Subsequent Periodic Payment Cap

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

	
Negative Amortization

	
Numeric – Decimal

	
0.075

	
9.999999

	
Negatively Amortizing ARMs Only

	
>= 0 and < 1

	  	  
	
60

	
Initial Minimum Payment Reset Period

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

	
Negative Amortization

	
Numeric – Integer

	
12

	
999

	
Negatively Amortizing ARMs Only

	
>= 0 to <=120

	  	  
	
61

	
Subsequent Minimum Payment Reset Period

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

	
Negative Amortization

	
Numeric – Integer

	
12

	
999

	
Negatively Amortizing ARMs Only

	
>= 0 to <=120

	  	  
	
62

	
Option ARM Indicator

	
An indicator of whether the loan is an Option ARM.

	
Negative Amortization

	
Numeric – Integer

	
1

	
99

	
ARMs Only

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
63

	
Options at Recast

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

	
Option ARM

	
Numeric – Integer

	
2

	
99

	
Option ARMs Only

	
N/A

	
1= Fully amortizing 30 year

2= Fully amortizing 15 year

3=Fully amortizing 40 year

4 = Interest-Only

5 = Minimum Payment

99= Unknown

	  
	
64

	
Initial Minimum Payment

	
The initial minimum payment the borrower is permitted to make.

	
Option ARM

	
Numeric – Decimal

	
879.52

	
99

	
Option ARMs Only

	
>=0

	  	  
	
65

	
Current Minimum Payment

	
Current Minimum Payment (in dollars).

	
Negative Amortization

	
Numeric – Decimal

	
250

	
9(10).99

	
Option ARMs Only

	
>= 0

	  	  
	
66

	
Prepayment Penalty Calculation

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

	
Prepayment Penalties

	
Numeric – Integer

	
12

	
99

	
Always

	
See Coding

	
See Appendix C

	  
	
67

	
Prepayment Penalty Type

	

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

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

	
Prepayment Penalties

	
Numeric – Integer

	
1

	
99

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

	
See Coding

	
1 = Hard

2 = Soft

3 = Hybrid

99 = Unknown

	  
	
68

	
Prepayment Penalty Total Term

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

	
Prepayment Penalties

	
Numeric – Integer

	
60

	
999

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

	
>0 to <=120

	  	  
	
69

	
Prepayment Penalty Hard Term

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

	
Prepayment Penalties

	
Numeric – Integer

	
12

	
999

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

	
>= 0 to <=120

	  	  
	
70

	
Primary Borrower ID

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

	
Borrower

	
Numeric—Integer

	
123456789

	
999999999

	
Always

	
>0

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

	
71

	
Number of Mortgaged Properties

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

	
Borrower

	
Numeric – Integer

	
1

	
99

	
Always

	
> 0

	  	  
	
72

	
Total Number of Borrowers

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

	
Borrower

	
Numeric – Integers

	
2

	
99

	
Always

	
> 0

	  	  
	
73

	
Self-employment Flag

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

	
Borrower

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
74

	
Current ‘Other’ Monthly Payment

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

	
Loan Term and Amortization Type

	
Numeric – Decimal

	
1789.25

	
9(10).99

	
Always

	
> 0

	  	  
	
75

	
Length of Employment: Borrower

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

	
Borrower Qualification

	
Numeric – Decimal

	
3.5

	
99.99

	
Always

	
>=0

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

	  
	
76

	
Length of Employment: Co-Borrower

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

	
Borrower Qualification

	
Numeric – Decimal

	
3.5

	
99.99

	
If “Total Number of Borrowers” > 1

	
>= 0

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

	  
	
77

	
Years in Home

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

	
Borrower Qualification

	
Numeric – Decimal

	
14.5

	
99.99

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

	
> 0

	  	  
	
78

	
FICO Model Used

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

	
Borrower Qualification

	
Numeric – Integer

	
1

	
99

	
If a FICO score was obtained

	
See Coding

	
1 = Classic

2 = Classic 08

3 = Next Generation

99 = Unknown

	  
	
79

	
Most Recent FICO Date

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

	
Borrower Qualification

	
Date

	
20090914

	
YYYYMMDD

	
If a FICO score was obtained

	
“19010101” if unknown

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

	
80

	
Primary Wage Earner Original FICO:  Equifax

	
Equifax FICO score for primary borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
81

	
Primary Wage Earner Original FICO:  Experian

	
Experian FICO score for primary borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
82

	
Primary Wage Earner Original FICO:  TransUnion

	
TransUnion FICO score for primary borrower (if applicable).

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
83

	
Secondary Wage Earner Original FICO:  Equifax

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
84

	
Secondary Wage Earner Original FICO:  Experian

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
85

	
Secondary Wage Earner Original FICO: TransUnion

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
86

	
Most Recent Primary Borrower FICO

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a FICO score was obtained

	
>= 350 and <= 850

	  	  
	
87

	
Most Recent Co-Borrower FICO

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If “Total Number of Borrowers” > 1

	
>= 350 and <= 850

	  	  
	
88

	
Most Recent FICO Method

	
Number of credit repositories used to update the FICO Score.

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If a FICO score was obtained

	
>0

	  	  
	
89

	
VantageScore: Primary Borrower

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

	
If a Vantage Credit Score was obtained

	
>= 501 and <= 990

	  	  
	
90

	
VantageScore: Co-Borrower

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

	
Borrower Qualification

	
Numeric – Integer

	
720

	
9999

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

	
>= 501 and <= 990

	  	  
	
91

	
Most Recent VantageScore Method

	
Number of credit repositories used to update the Vantage Score.

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If a Vantage Credit Score was obtained

	
>0

	  	  
	
92

	
VantageScore Date

	
Date Vantage Credit Score was obtained.

	
Borrower Qualification

	
Date

	
20090914

	
YYYYMMDD

	
If a Vantage Credit Score was obtained

	
“19010101” if unknown

	  	  
	
93

	
Credit Report: Longest Trade Line

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

	
Borrower Qualification

	
Numeric – Integer

	
999

	
999

	
Always

	
> =0

	  	
Subject to Regulatory Confirmation

	
94

	
Credit Report: Maximum Trade Line

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

	
Borrower Qualification

	
Numeric – Decimal

	
339420.19

	
9(10).99

	
Always

	
>=0

	  	
Subject to Regulatory Confirmation

	
95

	
Credit Report: Number of Trade Lines

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

	
Borrower Qualification

	
Numeric – Integer

	
57

	
999

	
Always

	
>=0

	  	
Subject to Regulatory Confirmation

	
96

	
Credit Line Usage Ratio

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

	
Borrower Qualification

	
Numeric – Decimal

	
0.27

	
9.999999

	
Always

	
>= 0 and <= 1

	  	
Subject to Regulatory Confirmation

	
97

	
Most Recent 12-month Pay History

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

	
Borrower Qualification

	
Text

	
77X123200001

	
X(12)

	
Always

	
See Coding

	
0 = Current

1 = 30-59 days delinquent

2 = 60-89 days delinquent

3 = 90-119 days delinquent

4 = 120+ days delinquent

5 = Foreclosure

6 = REO

7 = Loan did not exist in period

X = Unavailable

	  
	
98

	
Months Bankruptcy

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

	
Borrower Qualification

	
Numeric – Integer

	
12

	
999

	
If Borrower has ever been in Bankruptcy

	
>= 0

	  	
Blank = Borrower is not known to have been in bankruptcy

	
99

	
Months Foreclosure

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

	
Borrower Qualification

	
Numeric – Integer

	
12

	
999

	
If Borrower has ever been in Foreclosure

	
>= 0

	  	
Blank = Borrower is not known to have been in foreclosure

	
100

	
Primary Borrower Wage Income

	
Monthly base wage income for primary borrower.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
101

	
Co-Borrower Wage Income

	
Monthly base wage income for all other borrowers.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
If “Total Number of Borrowers” > 1

	
>= 0

	  	  
	
102

	
Primary Borrower Other Income

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

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
103

	
Co-Borrower Other Income

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

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
If “Total Number of Borrowers” > 1

	
>= 0

	  	  
	
104

	
All Borrower Wage Income

	
Monthly income of all borrowers derived from base salary only.

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
105

	
All Borrower Total Income

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

	
Borrower Qualification

	
Numeric – Decimal

	
9000

	
9(9).99

	
Always

	
>= 0

	  	  
	
106

	
4506-T Indicator

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

	
Borrower Qualification

	
Numeric – Integer

	
1

	
99

	
Always

	
See Coding

	
0 = No

1 = Yes

99 = Unknown

	  
	
107

	
Borrower Income Verification Level

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

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

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

	
Borrower Qualification

	
Numeric – Integer

	
1

	
9

	
Always

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

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

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

	  
	
108

	
Co-Borrower Income Verification

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

 

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

 

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

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If “Total Number of Borrowers” > 1

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

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

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

	  
	
109

	
Borrower Employment Verification

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

 

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

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
Always

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, Level 3 Verified (as defined)

	  
	
110

	
Co-Borrower Employment Verification

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

 

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

	
Borrower Qualification

	
Numeric – Integer

	
1

	
9

	
If “Total Number of Borrowers” > 1

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, Level 3 Verified (as defined)

	  
	
111

	
Borrower Asset Verification

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

 

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

 

	
Borrower Qualification

	
Numeric – Integer

	
3

	
9

	
Always

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

4 = Stated, Level 4 Verified  (as defined)

	  
	
112

	
Co-Borrower Asset Verification

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

 

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

 

	
Borrower Qualification

	
Numeric – Integer

	
2

	
9

	
If “Total Number of Borrowers” > 1

	
See Coding

	
1 = Not Stated, Not Verified

2 = Stated, Not Verified

3 = Stated, “Partially” Verified

4 = Stated, Level 4 Verified  (as defined)

	  
	
113

	
Liquid / Cash Reserves

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

	
Borrower Qualification

	
Numeric – Decimal

	
3242.76

	
9(9).99

	
Always

	
>= 0

	  	  
	
114

	
Monthly Debt All Borrowers

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

	
Borrower Qualification

	
Numeric – Decimal

	
3472.43

	
9(9).99

	
Always

	
>= 0

	  	  
	
115

	
Originator DTI

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

	
Borrower Qualification

	
Numeric – Decimal

	
0.35

	
9.999999

	
Always

	
>= 0 and >= 1

	  	  
	
116

	
Fully Indexed Rate

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

	
Borrower Qualification

	
Numeric – Decimal

	
0.0975

	
9.999999

	
ARMs Only

	
>= 0 and >= 1

	  	  
	
117

	
Qualification Method

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

	
Borrower Qualification

	
Numeric – Integer

	
3

	
99

	
Always

	
See Coding

	
1 = Start Rate

2 = First Year Cap Rate

3 = I/O Amount

4 = Fully Indexed

5 = Min Payment

98 = Other

99 = Unknown

	  
	
118

	
Percentage of Down Payment from Borrower Own Funds

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

	
Borrower Qualification

	
Numeric – Decimal

	
0.5

	
9.999999

	
Purchase Loans Only

	
>= 0 and >= 1

	  	  
	
119

	
City

	
The name of the city.

	
Subject Property

	
Text

	
New York

	
X(45)

	
Always

	
Unk=Unknown

	  	  
	
120

	
State

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

	
Subject Property

	
Text

	
NY

	
XX

	
Always

	
See Coding

	
See Appendix H

	  
	
121

	
Postal Code

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

	
Subject Property

	
Text

	
10022

	
X(5)

	
Always

	
Unk=Unknown

	  	  
	
122

	
Property Type

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

	
Subject Property

	
Numeric – Integer

	
11

	
99

	
Always

	
See Coding

	
See Appendix D

	  
	
123

	
Occupancy

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

	
Subject Property

	
Numeric – Integer

	
4

	
9

	
Always

	
See Coding

	
See Appendix E

	  
	
124

	
Sales Price

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

	
Subject Property

	
Numeric – Decimal

	
450000.23

	
9(10).99

	
Purchase Loans Only

	
> 0

	  	  
	
125

	
Original Appraised Property Value

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

	
Subject Property

	
Numeric – Decimal

	
550000.23

	
9(10).99

	
Always

	
> 0

	  	  
	
126

	
Original Property Valuation Type

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

	
Subject Property

	
Numeric – Integer

	
8

	
99

	
Always

	
See Coding

	
See Appendix F

	  
	
127

	
Original Property Valuation Date

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

	
Subject Property

	
Date

	
20090914

	
YYYYMMDD

	
Always

	
“19010101” if unknown

	  	  
	
128

	
Original Automated Valuation Model (AVM) Model Name

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

	
Subject Property

	
Numeric – Integer

	
1

	
99

	
Always

	
See Appendix I

	
See Appendix I

	  
	
129

	
Original AVM Confidence Score

	
The confidence range presented on the AVM report.

	
Subject Property

	
Numeric – Decimal

	
0.74

	
9.999999

	
If AVM Model Name (Field 127) > 0

	
>= 0 to <= 1

	  	  
	
130

	
Most Recent Property Value[1]

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

	
Subject Property

	
Numeric – Decimal

	
500000

	
9(10).99

	
If updated value was obtained subsequent to loan approval

	
> 0

	  	  
	
131

	
Most Recent Property Valuation Type

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

	
Subject Property

	
Numeric – Integer

	
6

	
9

	
If updated value was obtained subsequent to loan approval

	
See Coding

	
See Appendix F

	  
	
132

	
Most Recent Property Valuation Date

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

	
Subject Property

	
Date

	
20090914

	
YYYYMMDD

	
If updated value was obtained subsequent to loan approval

	
“19010101” if unknown

	  	  
	
133

	
Most Recent AVM Model Name

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

	
Subject Property

	
Numeric – Integer

	
19

	
99

	
If updated value was obtained subsequent to loan approval

	
See Coding

	
See Appendix I

	  
	
134

	
Most Recent AVM Confidence Score

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

	
Subject Property

	
Numeric – Decimal

	
0.85

	
9.999999

	
If “Most Recent AVM Model Name” > 0

	
>= 0 to <= 1

	  	  
	
135

	
Original CLTV

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

	
Loan-to-Value (LTV)

	
Numeric – Decimal

	
0.96

	
9.999999

	
Always

	
>= 0 and <= 1.5

	  	  
	
136

	
Original LTV

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

	
Loan-to-Value (LTV)

	
Numeric – Decimal

	
0.8

	
9.999999

	
Always

	
>= 0 and <= 1.25

	  	  
	
137

	
Original Pledged Assets

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

	
Loan-to-Value (LTV)

	
Numeric – Decimal

	
75000

	
9(10).99

	
Always

	
>=0

	  	  
	
138

	
Mortgage Insurance Company Name

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

	
Mortgage Insurance

	
Numeric – Integer

	
3

	
99

	
Always

	
See Coding

	
See Appendix G

	  
	
139

	
Mortgage Insurance Percent

	
Mortgage Insurance coverage percentage.

	
Mortgage Insurance

	
Numeric – Decimal

	
0.25

	
9.999999

	
“Mortgage Insurance Company Name” > 0

	
>= 0 to <= 1

	  	  
	
140

	
MI: Lender or Borrower Paid?

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

	
Mortgage Insurance

	
Numeric – Integer

	
1

	
99

	
“Mortgage Insurance Company Name” > 0

	
See Coding

	
1 = Borrower-Paid

2 = Lender- Paid

99 = Unknown

	  
	
141

	
Pool Insurance Co. Name

	
Name of pool insurance provider.

	
Mortgage Insurance

	
Numeric – Integer

	
8

	
99

	
Always

	
See Coding

	
See Appendix G

	  
	
142

	
Pool Insurance Stop Loss %

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

	
Mortgage Insurance

	
Numeric – Decimal

	
0.25

	
9.999999

	
Pool MI Company > 0

	
>= 0 to <= 1

	  	  
	
143

	
MI Certificate Number

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

	
Mortgage Insurance

	
Text

	
123456789G

	
X(20)

	
MI Company

> 0

	
UNK = Unknown

	  	  
	
144

	
Updated DTI

(Front-end)

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

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

	
Numeric – Decimal

	
0.35

	
9.999999

	
Modified Loans Only

	
>= 0 and >= 1

	  	  
	
145

	
Updated DTI

(Back-end)

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

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

	
Numeric – Decimal

	
0.35

	
9.999999

	
Modified Loans Only

	
>= 0 and >= 1

	  	  
	
146

	
Modification Effective Payment Date

	
Date of first payment due post modification.

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

	
Date

	
20090914

	
YYYYMMDD

	
Modified Loans Only

	
“19010101” if unknown

	  	  
	
147

	
Total Capitalized Amount

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

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

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
148

	
Total Deferred Amount

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

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

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
149

	
Pre-Modification Interest (Note) Rate

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

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

	
Numeric – Decimal

	
0.075

	
9.999999

	
Modified Loans Only

	
>= 0 to <= 1

	  	  
	
150

	
Pre-Modification P&I Payment

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

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

	
Numeric – Decimal

	
2310.57

	
9(10).99

	
Modified Loans Only

	
> 0

	  	  
	
151

	
Pre-Modification Initial Interest Rate Change Downward Cap

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

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

	
Numeric – Decimal

	
0.015

	
9.999999

	
Modified Loans Only

	
>= 0 to <= 1

	  	  
	
152

	
Pre-Modification Subsequent Interest Rate Cap

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

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

	
Numeric – Decimal

	
0.015

	
9.999999

	
Modified Loans Only

	
>= 0 to <= 1

	  	  
	
153

	
Pre-Modification Next Interest Rate Change Date

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

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

	
Date

	
20090914

	
YYYYMMDD

	
Modified Loans Only

	
“19010101” if unknown

	  	  
	
154

	
Pre-Modification I/O Term

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

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

	
Numeric – Integer

	
36

	
999

	
Modified Loans Only

	
>= 0 to <= 120

	  	  
	
155

	
Forgiven Principal Amount

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

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

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
156

	
Forgiven Interest Amount

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

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

	
Numeric – Decimal

	
12000

	
9(10).99

	
Modified Loans Only

	
>= 0

	  	  
	
157

	
Number of Modifications

	
The number of times the loan has been modified.

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

	
Numeric – Integer

	
1

	
9

	
Modified Loans Only

	
>= 0

	  	  
	
MH-1

	
Real Estate Interest

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

	
Manufactured Housing

	
Numeric – Integer

	
2

	
99

	
Manufactured Housing Loans Only

	
See Coding

	
1 = Owned

2 = Short-term lease

3 = Long-term lease

99 = Unavailable

	  
	
MH-2

	
Community Ownership Structure

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

	
Manufactured Housing

	
Numeric – Integer

	
2

	
99

	
Manufactured Housing Loans Only

	
See Coding

	
1 = Public Institutional

2 = Public Non-Institutional

3 = Private Institutional

4 = Private Non-Institutional

5 = HOA-Owned

6 = Non-Community

99 = Unavailable

	  
	
MH-3

	
Year of Manufacture

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

	
Manufactured Housing

	
Numeric – Integer

	
2006

	
YYYY

	
Manufactured Housing Loans Only

	
1901 = Unavailable

	  	  
	
MH-4

	
HUD Code Compliance  Indicator (Y/N)

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

	
Manufactured Housing

	
Numeric – Integer

	
1

	
9

	
Manufactured Housing Loans Only

	
See Codes

	
0 = No

1 = Yes

99 = Unavailable

	  
	
MH-5

	
Gross Manufacturer’s Invoice Price

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

	
Manufactured Housing

	
Numeric – Decimal

	
72570.62

	
9(10).99

	
Manufactured Housing Loans Only

	
>= 0

	  	  
	
MH-6

	
LTI (Loan-to-Invoice) Gross

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

	
Manufactured Housing

	
Numeric – Decimal

	
0.75

	
9.999999

	
Manufactured Housing Loans Only

	
>= 0 to <= 1

	  	  
	
MH-7

	
Net Manufacturer’s Invoice Price

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

	
Manufactured Housing

	
Numeric – Decimal

	
61570.62

	
9(10).99

	
Manufactured Housing Loans Only

	
>= 0

	  	  
	
MH-8

	
LTI (Net)

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

	
Manufactured Housing

	
Numeric – Decimal

	
0.62

	
9.999999

	
Manufactured Housing Loans Only

	
>= 0 to <= 1

	  	  
	
MH-9

	
Manufacturer Name

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

	
Manufactured Housing

	
Text

	
“XYZ Corp”

	
Char (100)

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

	
MH Manufacturer name in double quotation marks

	  	  
	
MH-10

	
Model Name

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

	
Manufactured Housing

	
Text

	
“DX5-916-X”

	
Char (100)

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

	
MH Model name in double quotation marks

	  	  
	
MH-11

	
Down Payment Source

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

	
Manufactured Housing

	
Numeric – Integer

	
2

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
1 = Cash

2 = Proceeds from trade in

3 = Land in Lieu

4 = Other

99 = Unavailable

	  
	
MH-12

	
Community/Related Party Lender (Y/N)

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

	
Manufactured Housing

	
Numeric – Integer

	
1

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
0 = No

1 = Yes

99 = Unavailable

	  
	
MH-13

	
Defined Underwriting Criteria (Y/N)

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

	
Manufactured Housing

	
Numeric – Integer

	
1

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
0 = No

1 = Yes

99 = Unavailable

	  
	
MH-14

	
Chattel Indicator

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

	
Manufactured Housing

	
Numeric – Integer

	
1

	
99

	
Manufactured Housing Loans Only

	
See Codes

	
0 = Real Estate

1 = Chattel

99 = Unavailable

	  

 

  

24

  

ATTACHMENT 2

SALE AND SERVICING AGREEMENT

 

(Refer to Exhibit 10.3)

 

  

25

  

EXHIBIT D-3

 

INITIAL AUTHORIZED REPRESENTATIVES OF THE SERVICER

 

	
Name

	  	
Title

	  	
Specimen Signature

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	  	
  

	  	
  

	
  

	
  

	
  

	
  

	
  

 

  

 

  

EXHIBIT F

REQUEST FOR RELEASE OF DOCUMENTS

	
To:

	
Wells Fargo Bank, N.A.

	
Date:

	  	 
	  	
751 Kasota Avenue

	  	 
	  	
Minneapolis, MN  55414

	  	 
	  	
Attn:  WFDC Release Department.

	  	 

	
  

	
Re:

	
Custodial Agreement, dated as of September 1, 2011, among U.S. Bank National Association, as Trustee, Wells Fargo Bank, N.A., as Custodian, Sequoia Residential Funding, Inc., as Depositor, and Redwood Residential Acquisition Corporation, as Seller

In connection with the administration of the Mortgage Loans held by you as Custodian for the Trustee pursuant to the above-captioned Custodial Agreement, we request the release of the Custodian’s Mortgage File for the Mortgage Loan described below, for the reason indicated.

 

	
Mortgage Loan Number:

	 	
Investor Number:

	  	 	  
	
Mortgagor Name, Address & Zip Code:

	 	
Pool Number:

Reason for Requesting Documents (check one):

	  	
 1. Mortgage Paid in Full

	  	 
	  	  	 
	  	
 2. Foreclosure

	  	 
	  	  	 
	  	
 3.  Substitution

	  	 
	  	  	 
	  	
 4. Other Liquidation

	  	 
	  	  	 
	   	
 5. Non-liquidation 

	Reason: 	
 

	  
	  	  	 
	  	   	
For CMI Use Only:

	  	 

	
By:

	 	  
	 	       (Authorized Signature)	  
	  	 	  
	
Printed Name

	 	  
	  	 	  
	
Servicer Name:

	 	  
	  	 	  
	
Ship To Address:

	 	  
	 	 	 
	 	 	 

  

 

  

 

	
Phone:

	  	  

 

	
Custodian

	  
	
Please acknowledge the execution of the above request by your signature and date below:

	  
	  	  	
Date

	 	 
	
Signature

	  
	
Documents returned to Custodian:

	  
	  	  	
Date

	 	 
	
CustodianUnassociated Document

 

EXHIBIT 10.5

 

FLOW MORTGAGE LOAN SALE AND SERVICING AGREEMENT

 

between

 

FIRST REPUBLIC BANK

 

as Seller and as Servicer,

 

and

 

DLJ MORTGAGE CAPITAL, INC.,

 

as Purchaser

 

April 8, 2011

 

Residential Mortgage Loans

  

  

  

TABLE OF CONTENTS

 

	 	 	 Page
	
SECTION 1.

	
Definitions

	
1

	
SECTION 2.

	
Purchase and Conveyance

	
14

	
SECTION 3.

	
Mortgage Loan Schedule

	
15

	
SECTION 4.

	
Purchase Price

	
15

	
SECTION 5.

	
Examination of Mortgage Files

	
15

	
SECTION 6.

	
Delivery of Mortgage Loan Documents

	
16

	
Subsection 6.01

	
Possession of Mortgage Files

	
16

	
Subsection 6.02

	
Books and Records; Quality Control

	
16

	
Subsection 6.03

	
Delivery of Mortgage Loan Documents

	
17

	
Subsection 6.04

	
Helping Families Act Notice

	
17

	
SECTION 7.

	
Representations, Warranties and Covenants; Remedies for Breach

	
18

	
Subsection 7.01

	
Representations and Warranties Regarding Individual Mortgage Loans

	
18

	
Subsection 7.02

	
Seller and Servicer Representations

	
29

	
Subsection 7.03

	
Repurchase; Substitution

	
31

	
Subsection 7.04

	
Repurchase of Mortgage Loans With Early Payment Default

	
34

	
Subsection 7.05

	
Purchase Price Protection

	
34

	
SECTION 8.

	
Closing

	
34

	
Subsection 8.01

	
Closing Conditions

	
34

	
Subsection 8.02

	
Closing Documents

	
35

	
SECTION 9.

	
[Reserved.]

	
35

	
SECTION 10.

	
Costs

	
35

	
SECTION 11.

	
Administration and Servicing of Mortgage Loans

	
36

	
Subsection 11.01

	
Servicer to Act as Servicer; Subservicing

	
36

	
Subsection 11.02

	
Liquidation of Mortgage Loans

	
38

	
Subsection 11.03

	
Collection of Mortgage Loan Payments

	
39

	
Subsection 11.04

	
Establishment of Custodial Account; Deposits in Custodial Account

	
39

	
Subsection 11.05

	
Withdrawals From the Custodial Account

	
41

	
Subsection 11.06

	
Establishment of Escrow Account; Deposits in Escrow Account

	
42

	
Subsection 11.07

	
Withdrawals From Escrow Account

	
42

	
Subsection 11.08

	
Payment of Taxes, Insurance and Other Charges; Collections Thereunder

	
43

	
Subsection 11.09

	
Transfer of Accounts

	
43

	
Subsection 11.10

	
Maintenance of Hazard Insurance

	
44

	
Subsection 11.11

	
Maintenance of Primary Mortgage Insurance Policy; Claims

	
44

	
Subsection 11.12

	
Fidelity Bond; Errors and Omissions Insurance

	
45

	
Subsection 11.13

	
Title, Management and Disposition of REO Property

	
45

	
Subsection 11.14

	
Servicing Compensation

	
46

	
Subsection 11.15

	
Distributions

	
46

	
Subsection 11.16

	
Statements to the Purchaser

	
47

	
Subsection 11.17

	
Advances by the Servicer

	
48

	
Subsection 11.18

	
Assumption Agreements

	
48

	
Subsection 11.19

	
Satisfaction of Mortgages and Release of Mortgage Files

	
49

	
Subsection 11.20

	
Seller and Servicer Shall Provide Access and Information as Reasonably Required

	
49

  

i

  

	
Subsection 11.21

	
Inspections

	
49

	
Subsection 11.22

	
Restoration of Mortgaged Property

	
50

	
Subsection 11.23

	
Fair Credit Reporting Act

	
50

	
SECTION 12.

	
The Servicer

	
50

	
Subsection 12.01

	
Indemnification; Third Party Claims

	
50

	
Subsection 12.02

	
Merger or Consolidation of the Servicer

	
51

	
Subsection 12.03

	
Limitation on Liability of the Servicer and Others

	
52

	
Subsection 12.04

	
Seller and Servicer Not to Assign or Resign

	
52

	
SECTION 13.

	
Default

	
52

	
Subsection 13.01

	
Events of Default

	
52

	
Subsection 13.02

	
Waiver of Default

	
54

	
SECTION 14.

	
Termination

	
54

	
Subsection 14.01

	
Termination

	
54

	
Subsection 14.02

	
Successors to the Servicer

	
55

	
SECTION 15.

	
Notices

	
55

	
SECTION 16.

	
Severability Clause

	
56

	
SECTION 17.

	
No Partnership

	
56

	
SECTION 18.

	
Counterparts

	
56

	
SECTION 19.

	
Governing Law; Choice of Forum; Waiver of Jury Trial

	
57

	
SECTION 20.

	
Intention of the Parties

	
57

	
SECTION 21.

	
Waivers

	
57

	
SECTION 22.

	
Exhibits

	
58

	
SECTION 23.

	
General Interpretive Principles

	
58

	
SECTION 24.

	
Reproduction of Documents

	
58

	
SECTION 25.

	
Amendment

	
59

	
SECTION 26.

	
Confidentiality

	
59

	
SECTION 27.

	
Entire Agreement

	
59

	
SECTION 28.

	
Further Agreements

	
59

	
SECTION 29.

	
Successors and Assigns

	
59

	
SECTION 30.

	
Non-Solicitation

	
60

	
SECTION 31.

	
Protection of Consumer Information

	
61

	
SECTION 32.

	
Cooperation of the Seller with a Reconstitution; Regulation AB Compliance

	
61

	
EXHIBITS

	  
	  	  
	
EXHIBIT 1

	
MORTGAGE LOAN DOCUMENTS

	  	  
	
EXHIBIT 2

	
CONTENTS OF EACH MORTGAGE FILE

	  	  
	
EXHIBIT 3

	
UNDERWRITING GUIDELINES

	  	  
	
EXHIBIT 4

	
FORM OF ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

	  	  
	
EXHIBIT 5

	
FORM OF MONTHLY REMITTANCE REPORT

  

ii

  

	
EXHIBIT 6

	
FORM OF PPTL

	  	  
	
EXHIBIT 7

	
RESERVED

	  	  
	
EXHIBIT 8

	
FORM OF NOTICE OF SALE OF OWNERSHIP OF MORTGAGE LOAN

	  	  
	
EXHIBIT 9

	
MORTGAGE LOAN SCHEDULE

	  	  
	
ADDENDUM I

	
REGULATION AB COMPLIANCE ADDENDUM

  

iii

  

FLOW MORTGAGE LOAN SALE AND SERVICING AGREEMENT

THIS FLOW MORTGAGE LOAN SALE AND SERVICING AGREEMENT (the “Agreement”), dated April 8, 2011, is hereby executed by and between DLJ MORTGAGE CAPITAL, INC., a Delaware corporation, as purchaser (the “Purchaser”), and FIRST REPUBLIC BANK, a California corporation, as seller (the “Seller”) and as servicer (the “Servicer”).

 

WITNESSETH:

 

WHEREAS, the Seller has agreed to sell from time to time to the Purchaser, and the Purchaser has agreed to purchase from time to time from the Seller, certain conventional, residential, first-lien mortgage loans (the “Mortgage Loans”) as described herein on a servicing-retained basis, and which shall be delivered as whole loans as provided herein; and

 

WHEREAS, the Mortgage Loans will be sold by the Seller and purchased by the Purchaser as pools or groups of whole loans, servicing retained (each, a “Mortgage Loan Package”) on the various Closing Dates as provided herein; and

 

WHEREAS, each of the Mortgage Loans will be secured by a mortgage, deed of trust or other security instrument creating a first lien on a residential dwelling located in the jurisdiction indicated on the related Mortgage Loan Schedule which will be annexed to a PPTL (as defined herein) on the related Closing Date; and

 

WHEREAS, the Purchaser, the Seller and the Servicer wish to prescribe the manner of the conveyance, servicing and control of the Mortgage Loans;

 

NOW, THEREFORE, in consideration of the premises and mutual agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Purchaser, the Seller and the Servicer agree as follows:

 

SECTION 1.         Definitions.

 

For purposes of this Agreement, the following capitalized terms shall have the respective meanings set forth below.

 

Adjustable Rate Mortgage Loan:  A Mortgage Loan purchased pursuant to this Agreement which provides for the adjustment of the Mortgage Interest Rate payable in respect thereto.

 

Adjustment Date:  As to each Adjustable Rate Mortgage Loan, the date on which the Mortgage Interest Rate is adjusted in accordance with the terms of the related Mortgage Note and Mortgage.

 

Agency Transfer:  Any sale or transfer by the Purchaser of some or all of the Mortgage Loans to Fannie Mae or Freddie Mac.

  

1

  

 

Agreement:  This Flow Mortgage Loan Sale and Servicing Agreement including all exhibits, schedules, amendments and supplements hereto.

 

ALTA:  The American Land Title Association or any successor thereto.

 

Anti-Money Laundering Laws: As defined in Section 7.01(h).

 

Appraised Value:  With respect to any Mortgaged Property, the lesser of (i) the value (or Reconciled Market Value if more than one appraisal is received) thereof as determined by a Qualified Appraiser at the time of origination of the Mortgage Loan, and (ii) the purchase price paid for the related Mortgaged Property by the Mortgagor with the proceeds of the Mortgage Loan; provided, however, that in the case of a Refinanced Mortgage Loan, such value (or Reconciled Market Value if more than one appraisal is received) of the Mortgaged Property is based solely upon the value determined by an appraisal or appraisals made for the originator of such Refinanced Mortgage Loan at the time of origination of such Refinanced Mortgage Loan by a Qualified Appraiser.

 

Arbitration: Arbitration in accordance with the then governing Commercial Arbitration Rules of the American Arbitration Association  ("AAA") and administered by the AAA,  which shall be conducted in San Francisco, California or other place  mutually acceptable to the parties to the arbitration.

 

Arbitrator:  A person who is not affiliated with the Seller, Purchaser or Servicer,  who is a member of the American Arbitration Association.

 

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

 

Balloon Mortgage Loan:  A Mortgage Loan that provided on the date of origination for monthly payments up to but not including the maturity date based on an amortization extending beyond its maturity date.

 

Balloon Payment:  With respect to any Balloon Mortgage Loan as of any date of determination, the final payment payable on the maturity of such Mortgage Loan, which shall include the entire remaining principal balance.

 

Business Day:  Any day other than (i) a Saturday or a Sunday, or (ii) a legal holiday in the State of New York or the State of California, or (iii) a day on which banks in the State of New York or the State of California are authorized or obligated by law or executive order to be closed.

 

Closing Date:  The date or dates, set forth in the related PPTL, on which the Purchaser will purchase and the Seller will sell the Mortgage Loans identified therein.

 

CLTV: Combined Loan-to-Value Ratio.

 

Code:  The Internal Revenue Code of 1986, as amended, or any successor statute thereto.

  

2

  

 

Commission:  The United States Securities and Exchange Commission.

 

Condemnation Proceeds:  All awards, compensation and settlements in respect of a taking (whether permanent or temporary) of all or part of a Mortgaged Property by exercise of the power of condemnation or the right of eminent domain, to the extent not required to be released to a Mortgagor in accordance with the terms of the related Mortgage Loan Documents.

 

CEMA: A New York Consolidation, Extension and Modification Agreement satisfying the requirements of the Fannie Mae Guides and/or Freddie Mac Guides.

 

Consumer Information:  Any personally identifiable information in any form (written electronic or otherwise) relating to a Mortgagor, including, but not limited to: a Mortgagor’s name, address, telephone number, Mortgage Loan number, Mortgage Loan payment history, delinquency status, insurance carrier or payment information, tax amount or payment information; the fact that the Mortgagor has a relationship with the Company or the originator of the related Mortgage Loan; and any other non-public personally identifiable information.

 

Convertible Mortgage Loan:  An Adjustable Rate Mortgage Loan that by its terms and subject to certain conditions allows the Mortgagor to convert the adjustable Mortgage Interest Rate thereon to a fixed Mortgage Interest Rate.

 

Cooperative Corporation:  With respect to any Cooperative Loan, the cooperative apartment corporation that holds legal title to the related Cooperative Project and grants occupancy rights to units therein to stockholders through Cooperative Leases or similar arrangements.

 

Cooperative Lease:  The lease on a Cooperative Unit evidencing the possessory interest of the owner of the Cooperative Shares in such Cooperative Unit.

 

Cooperative Loan: A Mortgage Loan that is secured by a first lien on and perfected security interest in Cooperative Shares and the related Cooperative Lease granting exclusive rights to occupy the related Cooperative Unit in the building owned by the related Cooperative Corporation.

 

Cooperative Project: With respect to any Cooperative Loan, all real property and improvements thereto and rights therein and thereto owned by a Cooperative Corporation including without limitation the land, separate dwelling units and all common elements.

 

Cooperative Shares: With respect to any Cooperative Loan, the shares of stock issued by a Cooperative Corporation and allocated to a Cooperative Unit and represented by a stock certificate.

 

Cooperative Unit:  With respect to a Cooperative Loan, a specific unit in a Cooperative Project.

  

3

  

Credit Score: With respect to any Mortgage Loan, the credit score of the related Mortgagor provided by Experian/Fair Isaac or such other organization acceptable to the Purchaser providing credit scores at the time of origination of such Mortgage Loan.  If two credit scores are obtained, the Credit Score shall be the lower of the two credit scores.  If three credit scores are obtained, the Credit Score shall be the middle of the three credit scores.  There is only one (1) Credit Score for any loan regardless of the number of borrowers and/or applicants.  The minimum Credit Score for each Mortgage Loan will be in accordance with the Seller's Underwriting Guidelines.

 

Custodial Account:  As defined in Subsection 11.04.

 

Customary Servicing Procedures:  With respect to any Mortgage Loan, those mortgage servicing practices (including collection procedures) of prudent mortgage banking institutions which service mortgage loans of the same type as such Mortgage Loan in the jurisdiction where the related Mortgaged Property is located, and which are in accordance with Fannie Mae servicing practices and procedures for MBS pool mortgages, as defined in the Fannie Mae Guides including future updates, or as such mortgage servicing practices may change from time to time.

 

Cut-off Date:  With respect to each Mortgage Loan, the first day of the month of the related Closing Date as set forth in the related PPTL.

 

Deleted Mortgage Loan:  A Mortgage Loan replaced or to be replaced with a Substitute Mortgage Loan in accordance with this Agreement.

 

Determination Date:  With respect to each Remittance Date, the 15th day (or, if such 15th day is not a Business Day, the preceding Business Day) of the month in which such Remittance Date occurs.

 

Due Date:  The day of the month on which the Monthly Payment is due on a Mortgage Loan, exclusive of any days of grace.

 

Due Period:  With respect to each Remittance Date, the period beginning on the second day of the month preceding the month of the Remittance Date, and ending on the first day of the month of the Remittance Date.

 

Eligible Account:  Any of (i) an account or accounts maintained with a federal or state chartered depository institution or trust company the short-term and long-term unsecured debt obligations of which (or, in the case of a depository institution or trust company that is the principal subsidiary of a holding company, the debt obligations of such holding company) have the highest short-term rating and one of the two highest long-term ratings of each Rating Agency at the time any amounts are held on deposit therein.  If the short-term or long-term credit rating of the depository institution or trust company that maintains the account or accounts falls below the highest short-term rating or one of the two highest long-term ratings of the Rating Agency, respectively, the funds on deposit therewith in connection with this transaction shall be transferred to an Eligible Account within 30 days of such downgrade; or (ii) any other account or accounts acceptable to each Rating Agency.  Eligible Accounts may bear interest.  If an account maintained with Servicer becomes an Eligible Account after the date of this Agreement, the Servicer may move the Custodial Account and/or the Escrow Account to such Eligible Account; provided that, the Custodial Account and/or the Escrow Account shall not be transferred to another depository institution without the Purchaser’s prior approval, which shall not unreasonably be withheld.

  

4

  

 

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

 

(i)          direct obligations of, and obligations fully guaranteed by the United States of America or any agency or instrumentality of the United States of America the obligations of which are backed by the full faith and credit of the United States of America;

 

(ii)          (a) demand or time deposits, federal funds or bankers’ acceptances issued by any depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal and/or state banking authorities, provided that the commercial paper and/or the short-term deposit rating and/or the long-term unsecured debt obligations or deposits of such depository institution or trust company at the time of such investment or contractual commitment providing for such investment are rated in the highest rating category by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations and (b) any other demand or time deposit or certificate of deposit that is fully insured by the FDIC;

 

(iii)         repurchase obligations with a term not to exceed thirty (30) days and with respect to any security described in clause (i)  above and entered into with a depository institution or trust company (acting as principal) described in clause (ii)(a) above;

 

(iv)        securities bearing interest or sold at a discount issued by any corporation incorporated under the laws of the United States of America or any state thereof that are rated in the highest rating category by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations, in each case at the time of such investment or contractual commitment providing for such investment; provided, however, that securities issued by any particular corporation will not be Eligible Investments to the extent that investments therein will cause the then outstanding principal amount of securities issued by such corporation and held as Eligible Investments to exceed 10% of the aggregate outstanding principal balances of all of the Mortgage Loans and Eligible Investments;

 

(v)         commercial paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified date not more than one year after the date of issuance thereof) that is rated in the highest rating category by the Rating Agency at the time of such investment; and

 

(vi)        any money market funds rated in one of the two highest rating categories by the Rating Agency for long-term unsecured debt with a maturity of more than one year or in the highest rating category with respect to short-term obligations;

 

provided, however, that no instrument or security shall be an Eligible Investment if such instrument or security evidences a right to receive only interest payments with respect to the obligations underlying such instrument or if such security provides for payment of both principal and interest with a yield to maturity in excess of 120% of the yield to maturity at par or if such instrument or security is purchased at a price greater than par.

 

Escrow Account:  As defined in Subsection 11.06.

  

5

  

 

Escrow Payments:  The amounts constituting ground rents, taxes, assessments, Primary Mortgage Insurance Policy premiums, fire and hazard insurance premiums, flood insurance premiums, condominium charges and other payments as may be required to be escrowed by the Mortgagor with the Mortgagee pursuant to the terms of any Mortgage Note or Mortgage.

 

Event of Default:  Any one of the conditions or circumstances enumerated in Subsection 13.01.

 

Fannie Mae:  The entity formerly known as the Federal National Mortgage Association or any successor thereto.

 

Fannie Mae Guides:  The Fannie Mae Selling Guide and the Fannie Mae Servicing Guide and all amendments or additions thereto in effect as of any date of determination.

 

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

 

FDPA: The Flood Disaster Protection Act of 1973, as amended.

 

FHFA:  The Federal Housing Finance Agency or any successors thereto.

 

Fidelity Bond:  The fidelity bond required to be obtained by the Servicer pursuant to Subsection 11.12.

 

FIRREA:  The Financial Institutions Reform, Recovery, and Enforcement Act of 1989, as amended and in effect from time to time.

 

First Remittance Date:  With respect to each Mortgage Loan Package, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of the calendar month immediately following the Closing Date; provided, however, if the Transfer Date is not one (1) or more Business Days prior to the first day of such calendar month, such date will be the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of the next succeeding calendar month.

 

Freddie Mac:  The entity formerly known as the Federal Home Loan Mortgage Corporation or any successor thereto.

 

Freddie Mac Guide:  The Freddie Mac Single Family Seller/Servicer Guide and all amendments or additions thereto in effect as of any date of determination.

 

Full Prepayment:  Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

 

GAAP:  Generally accepted accounting principles consistently applied.

 

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

  

6

  

 

Helping Families Act: The Helping Families Save Their Homes Act of 2009, as amended and in effect from time to time.

 

Home Valuation Code of Conduct: The Home Valuation Code of Conduct effective as of May 1, 2009, as amended and in effect from time to time.

 

HUD:  The United States Department of Housing and Urban Development or any successor thereto.

 

Index:  With respect to any Adjustable Rate Mortgage Loan, the index identified on the Mortgage Loan Schedule and set forth in the related Mortgage Note for the purpose of calculating the Mortgage Interest Rate thereon.

 

Initial Rate Cap:  With respect to each Adjustable Rate Mortgage Loan and the initial Adjustment Date therefor, a number of percentage points per annum that is set forth in the Mortgage Loan Schedule and in the related Mortgage Note, which is the maximum amount by which the Mortgage Interest Rate for such Adjustable Rate Mortgage Loan may increase or decrease from the Mortgage Interest Rate in effect immediately prior to such Adjustment Date.

 

Insurance Proceeds:  With respect to each Mortgage Loan, proceeds of insurance policies insuring the Mortgage Loan or the related Mortgaged Property.

 

IO Adjustable Rate Mortgage Loan:  An Adjustable Rate Mortgage Loan with respect to which accrued interest only is payable by a Mortgagor on each Due Date until the IO Conversion Date.

 

IO Conversion Date:  With respect to an IO Adjustable Rate Mortgage Loan, the date that references the end of the “interest only period” applicable thereto.

 

Lifetime Rate Cap:  As to each Adjustable Rate Mortgage Loan, the maximum Mortgage Interest Rate which shall be as permitted in accordance with the provisions of the related Mortgage Note.

 

Liquidation Proceeds:  The proceeds received in connection with the liquidation of a defaulted Mortgage Loan through trustee’s sale, foreclosure sale or otherwise, other than amounts received following the acquisition of REO Property, Insurance Proceeds and Condemnation Proceeds.

 

Loan-to-Value Ratio:  With respect to any Mortgage Loan as of any date of determination, the ratio, expressed as a percentage, on such date of the outstanding principal balance of the Mortgage Loan to the Appraised Value of the related Mortgaged Property.

 

LPMI: Lender paid mortgage insurance.

 

LTV:  Loan-to-Value Ratio.

 

Master Servicer:  With respect to any Securitization Transaction, the “master servicer,” if any, identified in the related transaction documents.

  

7

  

 

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

 

MERS Mortgage Loan:  Any Mortgage Loan registered with MERS on the MERS System.

 

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

 

MIN:  The Mortgage Identification Number for any MERS Mortgage Loan.

 

Minimum Interest Rate:  With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

 

Monthly Payment:  With respect to each Mortgage Loan, the scheduled monthly payment due on any Due Date allocable to principal and/or interest pursuant to the terms of the related Mortgage Note.

 

Mortgage:  The mortgage, deed of trust or other instrument securing a Mortgage Note which creates a first lien on an unsubordinated estate in fee simple in real property securing the Mortgage Note; except that with respect to real property located in jurisdictions in which the use of leasehold estates for residential properties is a widely-accepted practice, the mortgage, deed of trust or other instrument securing the Mortgage Note may secure and create a first lien upon a leasehold estate of the Mortgagor.

 

Mortgage File:  With respect to each Mortgage Loan, all documents directly involved in and/or used to make decisions with respect to the origination, underwriting (including documented compensating factors pertaining to exceptions) and servicing of the Mortgage Loan, including but not limited to the documents specified in Exhibit 2, and any additional documents required to be added to the Mortgage File pursuant to this Agreement.

 

Mortgage Interest Rate:  With respect to each Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan from time to time in accordance with the provisions of the related Mortgage Note, including, but not limited to, the limitations on such interest rate imposed by the Initial Rate Cap, the Periodic Rate Cap, the Minimum Interest Rate and the Lifetime Rate Cap, if any.

 

Mortgage Loan:  An individual Mortgage Loan which is the subject of this Agreement, each Mortgage Loan originally sold and subject to this Agreement being identified on the related Mortgage Loan Schedule, which Mortgage Loan includes without limitation the Mortgage File, the Monthly Payments, Principal Prepayments, Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds, REO Disposition Proceeds, any escrow accounts related to the Mortgage Loan and all other rights, benefits, proceeds and obligations arising from or in connection with such Mortgage Loan, excluding (a) replaced or repurchased mortgage loans and (b) servicing rights.

  

8

  

 

Mortgage Loan Documents:  With respect to any Mortgage Loan, the documents listed in Exhibit 1 hereto.

 

Mortgage Loan Package:  The pool or group of whole loans purchased on a Closing Date, as described in the Mortgage Loan Schedule annexed to the related PPTL.

 

Mortgage Loan Remittance Rate:  With respect to any Mortgage Loan as of any date of determination, the annual rate of interest payable to the Purchaser, which shall be equal to the then applicable related Mortgage Interest Rate minus the related Servicing Fee Rate.

 

Mortgage Loan Schedule:  The schedule of Mortgage Loans prepared for each Closing Date, such schedule setting forth the information with respect to each Mortgage Loan included on Exhibit 9 hereto.

 

Mortgage Note:  The note or other evidence of the indebtedness of a Mortgagor secured by a Mortgage or, in the case of a Cooperative Loan, secured by the Cooperative Shares and the Cooperative Lease.

 

Mortgaged Property:  The Mortgagor’s real property securing repayment of a related Mortgage Note, consisting of a fee simple interest in a single parcel of real property improved by a Residential Dwelling.

 

Mortgagee:  The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

 

Mortgagor:  The obligor on a Mortgage Note, who is an owner of the Mortgaged Property and the grantor or mortgagor named in the Mortgage and such grantor’s or mortgagor’s successors in title to the Mortgaged Property.

 

NAIC:  The National Association of Insurance Commissioners or any successor organization.

 

Officer’s Certificate:  A certificate signed by the Chairman of the Board, the Vice Chairman of the Board, a President or a Vice President of the Person on behalf of whom such certificate is being delivered.

 

Opinion of Counsel:  A written opinion of counsel, who may be salaried counsel for the Person on behalf of whom the opinion is being given, reasonably acceptable to each Person to whom such opinion is addressed.

 

OTS:  The Office of Thrift Supervision or any successor thereto.

 

P&I Advance:  As defined in Subsection 11.17.

 

Partial Prepayment:  Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  

9

  

 

Periodic Rate Cap:  As to each Adjustable Rate Mortgage Loan, the maximum increase or decrease in the Mortgage Interest Rate, on any Adjustment Date as provided in the related Mortgage Note, if applicable.

 

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

 

Pledge Agreement:  The specific agreement creating a first lien on and pledge of the Cooperative Shares and the related Cooperative Lease securing a Cooperative Loan.

 

Prepayment Penalty:  With respect to each Mortgage Loan, the penalty if the Mortgagor prepays such Mortgage Loan as provided in the related Mortgage Note or Mortgage.

 

Prepayment Interest Shortfall:  As to any Remittance Date and any Mortgage Loan, (a) if such Mortgage Loan was the subject of a Full Prepayment during the related Principal Prepayment Period, the excess of one month’s interest (adjusted to the Mortgage Loan Remittance Rate) on the Stated Principal Balance of such Mortgage Loan outstanding immediately prior to such prepayment, over the amount of interest (adjusted to the Mortgage Loan Remittance Rate) actually paid by the Mortgagor in respect of such Principal Prepayment Period, and (b) if such Mortgage Loan was the subject of a Partial Prepayment during the related Principal Prepayment Period, an amount equal to the excess of one month’s interest at the Mortgage Loan Remittance Rate on the amount of such Partial Prepayment, over the amount of interest actually paid by the Mortgagor in respect of such Partial Prepayment during such Principal Prepayment Period.

 

Primary Mortgage Insurance Policy:  A policy of primary mortgage guaranty insurance.

 

Principal Forbearance Amount: With respect to a Mortgage Loan that was the subject of a Servicing Modification, the amount, if any, of principal of the Mortgage Loan that has been deferred and that does not accrue interest.

 

Principal Prepayment:  Any full or partial payment or other recovery of principal on a Mortgage Loan which is received in advance of its scheduled Due Date, including any Prepayment Penalty or premium thereon and which is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

 

Principal Prepayment Period:  As to any Remittance Date, the calendar month preceding the calendar month in which such Remittance Date occurs.

 

Purchase Price:  The price paid on the related Closing Date by the Purchaser to the Seller pursuant to this Agreement in exchange for the Mortgage Loans included in the related Mortgage Loan Package, as calculated pursuant to Section 4 and the related PPTL.

 

Purchase Price Percentage:  For each Mortgage Loan included in a Mortgage Loan Package, the percentage of par set forth in the related PPTL that is used to calculate the Purchase Price of the Mortgage Loans included in such Mortgage Loan Package.

  

10

  

 

PPTL:  With respect to each Mortgage Loan and Mortgage Loan Package, the Purchase Price and Terms Letter, substantially in the form of Exhibit 6 attached hereto, confirming the sale by Seller and the purchase by the Purchaser of the Mortgage Loan Package on the related Closing Date.

 

Purchaser:  The Person listed as such in the initial paragraph of this Agreement, together with its successors and assigns as permitted under the terms of this Agreement.

 

Qualified Appraiser:  With respect to each Mortgage Loan, an appraiser, duly appointed by the originator, who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, and whose compensation is not affected by the approval or disapproval of the Mortgage Loan, and such appraiser and the appraisal made by such appraiser both satisfy the requirements of Fannie Mae or Freddie Mac (including but not limited to the Home Valuation Code of Conduct) and Title XI of FIRREA and the regulations promulgated thereunder, all as in effect on the date the Mortgage Loan was originated.

 

Qualified Insurer:  An insurance company duly qualified as such under the laws of the states in which the Mortgaged Properties are located, duly authorized and licensed in such states to transact the applicable insurance business and to write the insurance provided by the insurance policy issued by it, approved as an insurer by Fannie Mae and Freddie Mac.

 

Rating Agencies: Standard & Poor’s Ratings Services, a division of The McGraw- Hill Companies, Inc., Moody’s Investors Service, Inc., Fitch, Inc. or, in the event that some or all ownership of the Mortgage Loans is evidenced by mortgage-backed securities, the nationally recognized rating agencies issuing ratings with respect to such securities, if any.

 

Reconciled Market Value: The estimated market value of the Mortgaged Property or REO Property that is reasonably determined by the Servicer based on different results obtained from different permitted valuation methods or at different time periods, all in accordance with Customary Servicing Procedures.

 

Reconstitution Agreement:  The agreement or agreements entered into by the Seller and the Purchaser and/or certain third parties on the Reconstitution Date or Reconstitution Dates with respect to any or all of the Mortgage Loans serviced hereunder, in connection with a Whole Loan Transfer or a Securitization Transaction as provided in Subsections 29 and 32.

 

Reconstitution Date:  The date or dates on which any or all of the Mortgage Loans serviced under this Agreement shall be removed from this Agreement and reconstituted as part of a Whole Loan Transfer or Securitization Transaction pursuant to Section 32 hereof.  On such date, the Mortgage Loans transferred shall cease to be covered by this Agreement and the Seller shall service such Mortgage Loans under the Reconstitution Agreement and shall cease to service such Mortgage Loans under this Agreement.

 

Record Date:  The close of business of the last Business Day of the month preceding the month of the related Remittance Date.

  

11

  

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

 

Regulation AB Compliance Addendum:  Addendum I attached hereto and incorporated herein by reference thereto.

 

Refinanced Mortgage Loan:  A Mortgage Loan which was made to a Mortgagor who owned the Mortgaged Property prior to the origination of such Mortgage Loan and the proceeds of which were used in whole or part to satisfy an existing mortgage.

 

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

 

Remittance Date:  The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of any month, beginning with the First Remittance Date with respect to each Mortgage Loan Package.

 

REO Disposition:  The final sale by the Servicer or the Purchaser of an REO Property.

 

REO Disposition Proceeds:  All amounts received with respect to an REO Disposition pursuant to Subsection 11.13.

 

REO Property:  A Mortgaged Property acquired by the Servicer through foreclosure or deed in lieu of foreclosure, as described in Subsection 11.13.

 

Repurchase Price:  With respect to any Mortgage Loan required to be repurchased, a price equal to (i) (A) in the case of a Mortgage Loan to be repurchased from a Securitization Transaction, the unpaid principal balance of the Mortgage Loan or (B) in the case of a Mortgage Loan that is not in a Securitization Transaction, the product of the Purchase Price Percentage and the Stated Principal Balance of the Mortgage Loan, plus (ii) interest on such unpaid principal balance or Stated Principal Balance at the related Mortgage Loan Remittance Rate from the last date through which interest was last paid by or on behalf of the Mortgagor to the last day of the month in which such repurchase occurs, plus (iii) reasonable and customary third party expenses incurred in connection with the transfer of the Mortgage Loan being repurchased; minus (iv) any amounts received in respect of such Mortgage Loan that are being held in the Custodial Account for future distribution in respect of such Mortgage Loan, which amount will be deposited in the Custodial Account in accordance with Subsection 11.04 for withdrawal by the Servicer in accordance with Subsection 11.05; provided, however, that if at the time of repurchase the Servicer is not the Seller or an affiliate of the Seller, the amount described in clause (ii) shall be computed at the sum of (i) the Mortgage Loan Remittance Rate and (ii) the Servicing Fee Rate.

 

Residential Dwelling:  Any one of the following: (i) a detached one-family dwelling, (ii) a detached two- to four-family dwelling, (iii) a one-family dwelling unit in a condominium project or (iv) a one-family dwelling in a planned unit development, none of which is a cooperative, mobile or manufactured home.

 

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

  

12

  

 

Securitization Transaction:  Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly by the Purchaser to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

 

Seller: First Republic Bank, or its successor in interest or any successor to the Seller under this Agreement appointed as herein provided.

 

Servicer:  First Republic Bank, or its successor in interest or any successor to the Servicer under this Agreement appointed as herein provided.

 

Servicing Advances:  All customary, reasonable and necessary out-of-pocket costs and expenses incurred in the performance by the Servicer of its servicing obligations, including, but not limited to, the cost of (a) the preservation, restoration and protection of the Mortgaged Property, (b) any enforcement or judicial proceedings, including foreclosures, (c) the management and liquidation of the Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage, and (d) payments made by the Servicer with respect to a Mortgaged Property pursuant to Subsection 11.08.

 

Servicing Fee:  With respect to each Mortgage Loan, the amount of the annual fee the Purchaser shall pay to the Servicer, which shall, for each month, be equal to one-twelfth of the product of the applicable Servicing Fee Rate and the Stated Principal Balance of such Mortgage Loan.  Such fee shall be payable monthly, computed on the basis of the same principal amount and period respecting which any related interest payment on a Mortgage Loan is computed.  The obligation of the Purchaser to pay the Servicing Fee is limited to, and payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds and other proceeds, to the extent permitted by Subsection 11.05) of related Monthly Payments collected by the Servicer, or as otherwise provided under Subsection 11.05.

 

Servicing Fee Rate:  With respect to each Mortgage Loan, the per annum rate set forth on the related Mortgage Loan Schedule or if not specified thereon, in the related PPTL, and which rate shall be increased by the amount of any increase in the Mortgage Interest Rate for any such Mortgage Loan pursuant to the terms of the related Mortgage Note due to termination of an automatic debit or direct deposit account; provided that, notwithstanding the foregoing, any increase in the Mortgage Interest Rate for any Mortgage Loan due to termination of an automatic debit or direct deposit account shall not exceed 1%.

 

Servicing Modification: Any reduction of the Mortgage Interest Rate on or the outstanding principal balance of a Mortgage Loan, any extension of the final maturity date of a Mortgage Loan, any increase to the outstanding principal balance of a Mortgage Loan by adding to the Stated Principal Balance unpaid principal and interest and other amounts owing under the Mortgage Loan, any Principal Forbearance Amount and any other modification, in each case pursuant to a modification of a Mortgage Loan that is in default or for which, in the judgment of the Servicer, default is reasonably foreseeable in accordance with the Sale and Servicing Agreement.

  

13

  

 

Servicing Officer:  Any officer of the Servicer involved in, or responsible for, the administration and servicing of the Mortgage Loans whose name appears on a list of servicing officers furnished to the Purchaser by the Servicer, as such list may be amended from time to time.

 

Stated Principal Balance:  As to any Mortgage Loan and date of determination, (a) the unpaid principal balance at the Cut-off Date, after giving effect to payments of principal due on or before such date, whether or not received, minus (b) all amounts previously distributed to Purchaser with respect to the Mortgage Loan representing payments or recoveries of principal or advances in lieu thereof.

 

Substitute Mortgage Loan:  A mortgage loan substituted by the Seller for a Deleted Mortgage Loan which must, on the date of such substitution, be approved by the Purchaser and meet the conditions described in Section 7.03(b) of this Agreement.

 

Transfer Date:  The date or dates, set forth in the related PPTL, on which the servicing related provisions of this Agreement will become effective and the Servicer will begin servicing the Mortgage Loans for the benefit of the Purchaser.

 

Underwriting Guidelines:  The written underwriting guidelines in effect as of the origination date of such Mortgage Loans, attached hereto as Exhibit 3, as may be amended from time to time with the prior written approval of the Purchaser and incorporated into Exhibit 3 from time to time by attaching such updates to the PPTL.

 

USA Patriot Act: Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, as amended.

 

USPAP: The Uniform Standards of Professional Appraisal Practice, as amended and in effect from time to time.

 

Whole Loan Transfer:  Any sale or transfer by the Purchaser of some or all of the Mortgage Loans (including an Agency Transfer), other than a Securitization Transaction.

 

SECTION 2.         Purchase and Conveyance.

 

The Seller agrees to sell and the Purchaser agrees to purchase from time to time, without recourse, but subject to the terms of this Agreement and on a servicing retained basis, all right, title and interest of the Seller in and to the Mortgage Loans in a Mortgage Loan Package having a Stated Principal Balance in an amount as set forth in the related PPTL, or in such other amount as agreed by the Purchaser and the Seller as evidenced by the actual aggregate principal balance of the Mortgage Loan Package accepted by the Purchaser on the related Closing Date, together with the related Mortgage Files and all rights and obligations arising under the documents contained therein, other than the servicing rights to such Mortgage Loans.

  

14

  

With respect to each Mortgage Loan, the Purchaser shall own and be entitled to (1) the principal portion of all Monthly Payments due after the related Cut-off Date, (2) all other recoveries of principal collected after the related Cut-off Date (provided, however, that the principal portion of all Monthly Payments due on or before the related Cut-off Date and collected by the Seller or any successor servicer after the related Cut-off Date shall belong to the Seller), and (3) all payments of interest on the Mortgage Loans at the Mortgage Loan Remittance Rate (minus that portion of any such payment which is allocable to the period prior to the related Cut-off Date).  The Stated Principal Balance of each Mortgage Loan as of the related Cut-off Date is determined after application of payments of principal due on or before the related Cut-off Date whether or not collected, together with any unscheduled Principal Prepayments collected prior to the related Cut-off Date; provided, however, that Monthly Payments for a Due Date beyond the Cut-off Date shall not be applied to reduce the principal balance.  Such Monthly Payments shall be the property of the Purchaser.  The Seller shall remit any such Monthly Payments to the Purchaser on the Remittance Date following collection thereof.

 

SECTION 3.         Mortgage Loan Schedule.

 

The Seller shall deliver the Mortgage Loan Schedule (which will be annexed to the related PPTL) to the Purchaser at least four (4) Business Days prior to the related Closing Date.

 

SECTION 4.         Purchase Price.

 

The Purchase Price for each Mortgage Loan being acquired on a Closing Date shall be equal to the sum of (a) the product of (i) the Purchase Price Percentage stated in the related PPTL (subject to adjustment as provided therein) and (ii) the Stated Principal Balance of such Mortgage Loan, plus (b) an amount equal to accrued interest on the Stated Principal Balance of the Mortgage Loan at the applicable Mortgage Interest Rate from the related Cut-off Date through the day prior to the related Closing Date, both inclusive (assuming 30/360) (the “Purchase Price”). If so provided in the related PPTL, portions of the Mortgage Loans shall be priced separately.

 

The Purchase Price as set forth in the preceding paragraph for the Mortgage Loans shall be paid on the related Closing Date by wire transfer of immediately available funds.

 

SECTION 5.         Examination of Mortgage Files.

 

The Seller shall, upon the request of and at the direction of the Purchaser, deliver to the Purchaser or its designee in escrow, for examination with respect to each Mortgage Loan to be purchased on the related Closing Date, the related Mortgage File in hard copy or in digital format on compact disks or DVD.  Such examination may be made by the Purchaser or its designee at any reasonable time before or after the related Closing Date.  In connection with any such examination, the Purchaser and its designee may not contact any Mortgagor or any employer of a Mortgagor or any other third party.  If the Purchaser makes such examination prior to the Closing Date and identifies any Mortgage Loans that do not conform to the terms of the related PPTL, the terms of this Agreement or the Purchaser's underwriting standards, such Mortgage Loans may, at the Purchaser's option, be rejected for purchase by the Purchaser.  If not purchased by the Purchaser, such Mortgage Loans shall be deleted from the related Mortgage Loan Schedule.  The Purchaser may, at its option and without notice to the Seller, purchase all or part of the Mortgage Loan package without conducting any partial or complete examination. The fact that the Purchaser has conducted or has determined not to conduct any partial or complete examination of the Mortgage Files shall not affect the Purchaser’s (or any of its successors’) rights to demand repurchase or other relief or remedy provided for in this Agreement.

  

15

  

 

SECTION 6.         Delivery of Mortgage Loan Documents.

 

Subsection 6.01            Possession of Mortgage Files.

 

Originals or copies of all documents listed on Exhibit 2 and comprising the Mortgage File, other than the Mortgage Loan Documents, shall be delivered to the Purchaser or its designee upon the request of the Purchaser.  Originals of the contents of each Mortgage File not delivered to the Purchaser or the custodian appointed by the Purchaser are and shall be held in trust by the Servicer for the benefit of the Purchaser as the owner thereof and shall be available for review by the Purchaser upon request.  The Servicer’s possession of any portion of each such Mortgage File is at the will of the Purchaser for the sole purpose of facilitating servicing of the Mortgage Loans pursuant to this Agreement, and such retention and possession by the Servicer shall be in a custodial capacity only.  The ownership of each Mortgage Note, Mortgage and the contents of each Mortgage File is vested in the Purchaser and the ownership of all records and documents with respect to the related Mortgage Loan prepared by or which come into the possession of the Servicer shall immediately vest in the Purchaser and shall be retained and maintained, in trust, by the Servicer at the will of the Purchaser in such custodial capacity only.  The copies of the Mortgage File retained by the Servicer with respect to each Mortgage Loan pursuant to this Agreement shall be appropriately identified in the Servicer’s computer system to reflect clearly the ownership of such related Mortgage Loan by the Purchaser.  The Servicer shall release from its custody the contents of any Mortgage File retained by it only in accordance with this Agreement, except when such release is required in connection with a repurchase of any such Mortgage Loan pursuant to Subsection 7.03 of this Agreement or if required under applicable law or court order.

 

Any review by the Purchaser or its designee of the Mortgage Files shall in no way alter or reduce the Seller’s obligations hereunder.

 

If the Purchaser or its designee discovers any defect that is a breach of a representation or warranty contained in Section 7.01 or Section 7.02 herein with respect to any document constituting part of a Mortgage File, the Purchaser shall, or shall cause its designee to, give written specification of such defect to the Seller and the Seller shall cure or repurchase such Mortgage Loan in accordance with Section 7.03.

 

Subsection 6.02            Books and Records; Quality Control.

 

The sale of each Mortgage Loan will be reflected on the Seller’s balance sheet and other financial statements as a sale of assets by the Seller.  The Seller shall maintain a complete set of books and records for the Mortgage Loans sold by it which shall be appropriately identified in the Seller’s computer system to clearly reflect the ownership of the Mortgage Loans by the Purchaser.

 

The Purchaser shall have the right, at its expense, upon reasonable notice to the Seller, during business hours or at such other times as might be reasonable under applicable circumstances, to examine and audit any and all of the books, records or other information of the Seller whether held by the Seller or by another on behalf of the Seller which relate to the performance or observance by the Seller of the terms, covenants or conditions of this Agreement, and to discuss such books, records or other information with an officer or employee of the Seller who is knowledgeable about the matters contained therein, upon Purchaser's reasonable request.

  

16

  

 

The Seller and Servicer must have internal quality control procedures that verify, on a regular basis, the existence and accuracy of the legal documents, credit documents, property appraisals, underwriting decisions, and servicing activities.

 

Subsection 6.03            Delivery of Mortgage Loan Documents.

 

The Seller shall deliver and release to the Purchaser or the custodian appointed by the Purchaser the Mortgage Loan Documents no later than four (4) Business Days prior to the related Closing Date or, upon the request of the Purchaser, earlier, if necessary or desirable to facilitate a review, pursuant to a bailee letter agreement.  The Purchaser or its custodian shall certify its receipt of the Mortgage Loan Documents.  If the Seller cannot deliver the original recorded Mortgage Loan Documents on the related Closing Date, the Seller shall, promptly upon receipt thereof and in any case not later than 120 days from the Closing Date, deliver such original recorded documents to the Purchaser or the appointed custodian (unless the Seller is delayed in making such delivery by reason of the fact that such documents shall not have been returned by the appropriate recording office).  If delivery is not completed within 120 days of the related Closing Date solely because such documents shall not have been returned by the appropriate recording office, the Seller shall deliver such document to Purchaser, or the appointed custodian, within such time period as specified in a Seller’s Officer’s Certificate.  In the event that documents have not been received by the date specified in the Seller’s Officer’s Certificate, a subsequent Seller’s Officer’s Certificate shall be delivered by such date specified in the prior Seller’s Officer’s Certificate, stating a revised date for receipt of documentation.  The procedure shall be repeated until the documents have been received and delivered. The Seller shall use its best efforts to effect delivery of all delayed recorded documents within 180 days of the related Closing Date.  If delivery of all Mortgage Loan Documents with respect to any Mortgage Loan is not completed within 360 days of the related Closing Date then, at Purchaser’s option, the Seller shall repurchase such Mortgage Loan in such manner set forth in Section 7.03.

 

The Seller shall forward to the Purchaser, or its designee, original documents evidencing an assumption, modification, consolidation or extension of any Mortgage Loan entered into within one week of their execution and shall also provide the original of any document submitted for recordation or a copy of such document certified by the appropriate public recording office to be a true and complete copy of the original within five (5) days of its return from the appropriate public recording office.

 

Subsection 6.04            Helping Families Act Notice

 

Within thirty (30) days following the Closing Date in respect of a Mortgage Loan, the Seller shall furnish to the borrower of such Mortgage Loan the notice required by, and in accordance with, Section 404 of the Helping Families Act.  In addition, in connection with any Securitization Transaction with respect to any of the Mortgage Loans, the Seller shall furnish to each related borrower, within thirty (30) days following the closing date with respect to such Securitization Transaction, a notice with respect to such assignment substantially in the form of Exhibit 8 attached hereto (using information provided to Seller by Purchaser) or as otherwise mutually agreed between the Seller and the Purchaser, which notice shall identify the Securitization Transaction trust as the new owner of the Mortgage Loan and include any other information required by the Helping Families Act.

  

17

  

 

SECTION 7.         Representations, Warranties and Covenants; Remedies for Breach.

 

Subsection 7.01            Representations and Warranties Regarding Individual Mortgage Loans.

 

The Seller and, solely as specified below, the Servicer, hereby represent and warrant to the Purchaser that, as to each Mortgage Loan, as of the related Closing Date or such other date specified herein:

 

(a)                         Property Valuation:  The Mortgage File contains a written appraisal prepared by an appraiser licensed or certified by the applicable governmental body in which the mortgaged property is located and in accordance with the requirements of Title XI of FIRREA.  The appraisal was written, in form and substance, to (i) customary Fannie Mae or Freddie Mac standards for mortgage loans of the same type as such Mortgage Loans and (ii) USPAP standards, and satisfies applicable legal and regulatory requirements. The appraisal was made and signed prior to the final approval of the Mortgage Loan application.  The person performing any property valuation (including an appraiser) received no benefit from, and such person's compensation or flow of business from the originator was not affected by, the approval or disapproval of the Mortgage Loan.  The selection of the person performing the property valuation was made independently of the broker (where applicable) and the originator's loan sales and loan production personnel. The selection of the appraiser met the criteria of Fannie Mae and Freddie Mac for selecting an independent appraiser.

 

(b)                         Income/Employment/Assets:  With respect to the Mortgage Loan, the originator verified the borrower's income, employment, and assets in accordance with its written Underwriting Guidelines and employed procedures designed to authenticate the documentation supporting such income, employment, and assets.  The originator has reasonably determined, in accordance with its Underwriting Guidelines, that the information provided by the borrower supports the income level the originator relied on in approving the Mortgage Loan.

 

(c)                         Occupancy:  The originator has given due consideration to factors, including but not limited to, other real estate owned by the borrower, commuting distance to work, appraiser comments and notes, the location of the property and any difference between the mailing address active in the servicing system and the subject property address to evaluate whether the occupancy status of the property as represented by the borrower is reasonable.  With respect to Mortgage Loans originated on or less than six (6) months before the related Closing Date, all owner occupied properties are occupied by the owner as of the Closing Date.  With respect to Mortgage Loans originated more than six (6) months before the related Closing Date, all owner occupied properties were occupied by the owner at the time of origination of the Mortgage Loan.

 

(d)                         Data:  The information set forth in the related Mortgage Loan Schedule, including any diskette or other related data tapes sent to the Purchaser, is complete, true and correct in all material respects. The information on the Mortgage Loan Schedule and the information provided are consistent with the contents of the originator's records and the Mortgage File.  The Mortgage Loan Schedule contains all the fields indicated in Exhibit 9.  Any seller or builder concession has been subtracted from the appraised value of the mortgaged property for purposes of determining the LTV and CLTV. Except for information specified to be as of the origination date of the Mortgage Loan, the Mortgage Loan Schedule contains the most current information possessed by the originator.  No appraisal or other property valuation referred to or used to determine any data listed on the Mortgage Loan Schedule was more than 3 months old at the time of the Mortgage Loan closing.  With respect to Mortgage Loans originated on or less than six (6) months before the related Closing Date, the most recent FICO score listed on the Mortgage Loan Schedule was no more than six (6) months old as of the Closing Date.

  

18

  

 

(e)                          Fraud:  No fraud, material misrepresentation or negligence has taken place in connection with the origination or servicing of the Mortgage Loan on the part of (1) the originator, (2) the borrower, (3) any broker or correspondent, (4) any appraiser, escrow agent, closing attorney or title company involved in the origination of the Mortgage Loan or (5) the Servicer.

 

(f)                           Underwriting:  The Mortgage Loan either (i) was underwritten in conformance with the originator's Underwriting Guidelines in effect at the time of origination without regard to any underwriter discretion or (ii) if not underwritten in conformance with the originator's guidelines, has reasonable and documented compensating factors. The methodology used in underwriting the extension of credit for the Mortgage Loan includes objective mathematical principles that relate to the relationship between the borrower's income, assets and liabilities and the proposed payment.  The credit score used in applying the originator's Underwriting Guidelines was the Credit Score.

 

(g)                          Mortgage Insurance:  Except as indicated for pledged asset loans, if a Mortgage Loan has an LTV greater than 80%, the Mortgage Loan has mortgage insurance in accordance with the terms of the Fannie Mae Guide or the Freddie Mac Guide and is insured as to payment defaults by a Primary Mortgage Insurance Policy issued by a Qualified Insurer. All provisions of such Primary Mortgage Insurance Policy have been and are being complied with, such policy is in full force and effect and all premiums due thereunder have been paid. No action, inaction or event has occurred and no state of facts exists that has, or will result in the exclusion from, denial of, or defense to coverage. Any Mortgage Loan subject to a Primary Mortgage Insurance Policy obligates the Mortgagor thereunder to maintain the Primary Mortgage Insurance Policy and to pay all premiums and charges in connection therewith. To the extent a Mortgage Loan is insured under an LPMI policy, the Mortgage Interest Rate for the Mortgage Loan as set forth on the related Mortgage Loan Schedule is net of any such premium.

  

19

  

(h)                          Regulatory Compliance:  Any and all requirements of any federal, state or local law including, without limitation, usury, truth-in-lending, real estate settlement procedures, consumer credit protection, equal credit opportunity, fair housing, or disclosure laws applicable to the Mortgage Loan have been complied with in all material respects.  No Mortgage Loan is a “high cost” or “covered” loan, as defined by any applicable federal, state or local predatory or abusive lending law, and no Mortgage Loan has a percentage listed under the Indicative Loss Severity Column (the column that appears in the Standard & Poor's Anti-Predatory Lending Law Update Table, included in the then-current Standard & Poor's LEVELS® Glossary of Terms on Appendix E). No Mortgage Loan secured by property located in the State of Georgia was originated on or after October 1, 2002 and prior to March 7, 2003. No Mortgage Loan originated on or after March 7, 2003 is a “high cost home loan” as defined under the Georgia Fair Lending Act.  No borrower was encouraged or required to select a loan product offered by an originator that was a higher cost product designed for less-creditworthy borrowers, unless at the time of the Mortgage Loan's origination, such borrower did not qualify, taking into account credit history and debt-to-income ratios, for a lower cost credit product then offered by such originator or any affiliate of such originator.  There does not exist on the related Mortgaged Property any hazardous substances, hazardous wastes or solid wastes, as such terms are defined in the Comprehensive Environmental Response Compensation and Liability Act, the Resource Conservation and Recovery Act of 1976, or other federal, state or local environmental legislation including, without limitation, asbestos.  There is no pending action or proceeding directly involving the Mortgaged Property in which compliance with any environmental law, rule or regulation is an issue; there is no violation of any environmental law, rule or regulation with respect to the Mortgaged Property; and nothing further remains to be done to satisfy in full all requirements of each such law, rule or regulation constituting a prerequisite to use and enjoyment of such Mortgaged Property.  The Seller has complied with all applicable anti-money laundering laws and regulations, including without limitation the USA Patriot Act of 2001 (collectively, the “Anti-Money Laundering Laws”); the Seller has established an anti-money laundering compliance program as required by the Anti-Money Laundering Laws, has conducted the requisite due diligence in connection with the origination of each Mortgage Loan for purposes of the Anti-Money Laundering Laws, including with respect to the legitimacy of the applicable Mortgagor and the origin of the assets used by said Mortgagor to purchase the property in question, and maintains, and will maintain, sufficient information to identify the applicable Mortgagor for purposes of the Anti-Money Laundering Laws. Any breach of any representations made in this clause (h) shall be deemed to materially and adversely affect the value of the Mortgage Loan and shall require a repurchase of the affected Mortgage Loan to the extent such breach is not cured as set forth in Section 7.03(a).

 

(i)                           Borrower: As of the related Closing Date, the Mortgagor is not in bankruptcy and is not insolvent and no circumstances or conditions exist with respect to the Mortgage, the Mortgaged Property, the Mortgagor or the Mortgagor's credit standing that could reasonably be expected to cause investors to regard the Mortgage Loan as an unacceptable investment, cause the Mortgage Loan to become delinquent or materially adversely affect the value or marketability of the Mortgage Loan.  Either the Mortgagor is a natural person who is legally permitted to reside in the United States or the Mortgagor is an inter-vivos trust.  No borrower had a prior bankruptcy in the last seven years.  No borrower previously owned a property in the last seven years that was the subject of a foreclosure during the time the borrower was the owner of record.

 

(j)                           Source of Loan Payments: No loan payment has been escrowed as part of the loan proceeds on behalf of the borrower.  No payments due and payable under the terms of the Mortgage Note and Mortgage or deed of trust, except for seller or builder concessions, have been paid by any person who was involved in, or benefited from, the sale or purchase of the Mortgaged Property or the origination, refinancing, sale, purchase or servicing of the Mortgage Loan other than the borrower.

 

(k)                          Down Payment: The borrower has contributed at least 5% of the Purchase Price with his/her own funds.

  

20

  

(l)                           No Prior Liens:  The Seller is the sole owner and holder of the Mortgage Loan and the indebtedness evidenced by the Mortgage Note, and upon recordation the Purchaser or its designee will be the owner of record of the Mortgage and the indebtedness evidenced by the Mortgage Note, and upon the sale of the Mortgage Loan to the Purchaser, the Seller will retain the Mortgage File in trust for the Purchaser.  Each sale of the Mortgage Loan from any prior owner or the Seller was in exchange for fair equivalent value, and the prior owner or the Seller, as applicable, was solvent both prior to and after the transfer and had sufficient capital to pay and was able to pay its debts as they would generally mature. Immediately prior to the transfer and assignment to the Purchaser on the related Closing Date, the Mortgage Loan, including the Mortgage Note and the Mortgage, was not subject to an assignment or pledge, and the Seller had good and marketable title to and was the sole owner thereof and had full right to transfer and sell the Mortgage Loan to the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge, claim or security interest. The Seller has the full right and authority subject to no interest or participation of, or agreement with, any other party, to sell and assign the Mortgage Loan pursuant to this Agreement and following the sale of the Mortgage Loan, the Purchaser will own such Mortgage Loan free and clear of any encumbrance, equity, participation interest, lien, pledge, charge, claim or security interest. The Seller intends to relinquish all rights to possess, control and monitor the Mortgage Loan, except for purposes of servicing the Mortgage Loan as set forth in this Agreement.

 

(m)                         Enforceability and Priority of Lien: The related Mortgage is a valid, subsisting, enforceable and perfected first lien on the Mortgaged Property, including all buildings on the Mortgaged Property, and all installations and mechanical, electrical, plumbing, heating and air conditioning systems affixed to such buildings, and all additions, alterations and replacements made at any time with respect to the foregoing securing the Mortgage Note's original principal balance. The Mortgage and the Mortgage Note do not contain any evidence of any security interest or other interest or right thereto. Such lien is free and clear of all adverse claims, liens and encumbrances having priority over the first lien of the Mortgage subject only to (1) the lien of non-delinquent current real property taxes and assessments not yet due and payable, (2) covenants, conditions and restrictions, rights of way, easements and other matters of the public record as of the date of recording which are acceptable to mortgage lending institutions generally and which do not adversely affect the appraised value of the Mortgaged Property as set forth in such appraisal and (3) other matters to which like properties are commonly subject which do not materially interfere with the benefits of the security intended to be provided by the Mortgage or the use, enjoyment, value or marketability of the related Mortgaged Property. Any security agreement, chattel mortgage or equivalent document related to and delivered in connection with the Mortgage Loan establishes and creates a valid, subsisting, enforceable and perfected first lien and first priority security interest on the property described therein, and the Seller has the full right to sell and assign the same to the Purchaser;  There are no mechanics' or similar liens or claims which have been filed for work, labor or material (and no rights are outstanding that under law could give rise to such liens) affecting the related Mortgaged Property which are or may be liens prior to or equal to the lien of the related Mortgage. The related original Mortgage has been recorded or is in the process of being recorded.  With respect to each Cooperative Loan, each Cooperative Pledge Agreement creates a valid, enforceable and subsisting first security interest in the collateral securing the related Mortgage Note subject only to (a) the lien of the related Cooperative Corporation for unpaid assessments representing the obligor's pro rata share of the Cooperative Corporation’s payments for its blanket mortgage, current and future real property taxes, insurance premiums, maintenance fees and other assessments to which like collateral is commonly subject and (b) other matters to which like collateral is commonly subject which do not materially interfere with the benefits of the security intended to be provided by the Cooperative Pledge Agreement; provided, however, that the appurtenant Proprietary Lease may be subordinated or otherwise subject to the lien of any mortgage on the Cooperative Project; any security agreement, chattel mortgage or equivalent document related to and delivered in connection with the Mortgage Loan establishes and creates a valid, subsisting, enforceable and perfected first lien and first priority security interest on the property described therein, and the Seller has the full right to sell and assign the same to the Purchaser; the related original Mortgage has been recorded or is in the process of being recorded.

  

21

  

 

(n)                          Complete Mortgage Files:  Except as provided in Section 6.03, the Mortgage Note, the Mortgage, the Assignment of Mortgage and the other Mortgage Loan Documents set forth in Exhibit 2 and required to be delivered on the related Closing Date have been delivered to the Purchaser or its designee in compliance with the specific requirements of this Agreement. With respect to each Mortgage Loan, the Seller is in possession of a complete Mortgage File including all documents used in the qualification of the borrower except for such documents as have been delivered to the Purchaser or its designee.  In the event the Mortgage is a deed of trust, a trustee, authorized and duly qualified under applicable law to serve as such, has been properly designated, is named in the Mortgage and currently so serves, and no fees or expenses are or will become payable by the Purchaser to the trustee under the deed of trust, except in connection with a trustee's sale after default by the borrower.

 

(o)                          No Modifications: The terms of the Mortgage Note and the Mortgage have not been impaired, waived, altered or modified in any material respect, except by a written instrument that, if required by applicable law, has been recorded or is in the process of being recorded.  The substance of any such waiver, alteration or modification has been approved by the issuer of any related Primary Mortgage Insurance Policy and title insurance policy, to the extent required by such policies, the terms of such waiver, alteration or modification have been reflected in the Mortgage Loan Schedule and the written instrument reflecting such terms has been included in the Mortgage File.  No Mortgagor has been released, in whole or in part, from the terms of the Mortgage Note and the Mortgage, except in connection with an assumption agreement which is part of the Mortgage File and the terms of which are reflected in the related Mortgage Loan Schedule.  The Mortgage has not been satisfied, canceled or  subordinated, in whole or in part, or rescinded, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such release, cancellation, subordination or rescission. The Seller has not waived the performance by the Mortgagor of any action, if the Mortgagor's failure to perform such action would cause the Mortgage Loan to be in default, nor has the Seller waived any default resulting from any action or inaction by the Mortgagor.

 

(p)                          Taxes Paid:  All taxes, governmental assessments, insurance premiums, water, sewer and municipal charges, leasehold payments or ground rents which previously became due and owing have been paid by the borrower, or escrow funds from the borrower have been established in an amount sufficient to pay for every such escrowed item which remains unpaid and which has been assessed but is not yet due and payable.

 

(q)                          No Damage/Condemnation:  Each Mortgaged Property is undamaged by waste, fire, hurricane, earthquake or earth movement, windstorm, flood, tornado or other casualty adversely affecting the value of a Mortgaged Property or the use for which the premises were intended, and each Mortgaged Property is in substantially the same condition it was at the time the most recent Appraised Value was obtained. There is no proceeding pending or threatened for the total or partial condemnation of any Mortgaged Property.

  

22

  

 

(r)                           Fee Simple Estate / No Encroachments / Compliance with Zoning:  The Mortgage creates a first lien or a first priority ownership interest in an estate in fee simple in real property securing the related Mortgage Note.  As of the date of origination of such Mortgage Loan, all improvements subject to the Mortgage which were considered in determining the Appraised Value of the Mortgaged Property lie wholly within the boundaries and building restriction lines of the Mortgaged Property (and wholly within the project with respect to a condominium unit), no improvements on adjoining properties encroach upon the Mortgaged Property except those which are insured against by the title insurance policy referred to in clause (v) below and all improvements on the property comply with all applicable building, zoning and subdivision laws, regulations and ordinances.

 

(s)                          Legally Occupied:  As of the related Closing Date, the Mortgaged Property is lawfully occupied under applicable law, and all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy and fire underwriting certificates, have been made or obtained from the appropriate authorities.

 

(t)                           Mortgage Loan Legal and Binding:  The Mortgage Note, the Mortgage, any intervening assignments of the Mortgage and other agreements executed in connection therewith are original and genuine and each is the legal, valid and binding obligation of the maker thereof, enforceable in all respects in accordance with its terms subject to bankruptcy, insolvency, moratorium, reorganization and other laws of general application affecting the rights of creditors and by general equitable principles.  The Seller has taken all action necessary to transfer such rights of enforceability to the Purchaser.  All parties to the Mortgage Note, the Mortgage, any intervening assignments of the Mortgage and other agreements executed in connection therewith, had the legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage. The Mortgage Note and the Mortgage have been duly and properly executed by such parties.

 

(u)                          Proceeds Fully Disbursed / Recording Fees Paid:  The proceeds of the Mortgage Loan have been fully disbursed and there is no requirement for future advances thereunder, and any and all requirements as to completion of any on-site or off-site improvements and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage were paid or are in the process of being paid, and the Mortgagor is not entitled to any refund of any amounts paid or due under the Mortgage Note or Mortgage.

  

23

  

(v)                          Existence of Title Insurance:  Each Mortgage Loan (except (1) any Mortgage Loan secured by a Mortgaged Property located in any jurisdiction as to which an opinion of counsel of the type customarily rendered in such jurisdiction in lieu of title insurance is instead received and (2) any Mortgage Loan secured by Cooperative Shares) is covered by an ALTA lender's title insurance policy or other form of policy or insurance generally acceptable to Fannie Mae or Freddie Mac, issued by a title insurer acceptable to Fannie Mae or Freddie Mac and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring (subject to the exceptions contained in (m)(1), (2) and (3) above) the Seller, its successors and assigns, as to the first priority lien of the Mortgage in the original principal amount of the Mortgage Loan.  Additionally, such policy affirmatively insures ingress and egress to and from the Mortgaged Property. Where required by applicable state law or regulation, the Mortgagor has been given the opportunity to choose the carrier of the required mortgage title insurance. The Seller, its successors and assigns, are the sole insureds of such lender's title insurance policy; such title insurance policy has been duly and validly endorsed to the Purchaser or the assignment to the Purchaser of the Seller's interest therein does not require the consent of or notification to the insurer; and such lender's title insurance policy is in full force and effect and will be in full force and effect upon the consummation of the transactions contemplated by this Agreement and the related PPTL. No claims have been made under such lender's title insurance policy, and no prior holder of the related Mortgage, including the Seller, has done, by act or omission, anything which would impair the coverage of such lender's title insurance policy.  No originator, seller or prior owner of a mortgage loan or other Person has provided or received any unlawful fee, commission, kickback, or other compensation or value of any kind in connection with the title insurance policy.

 

(w)                         Hazard Insurance:  All buildings or other customarily insured improvements upon the Mortgaged Property are insured by an insurer acceptable under the Fannie Mae Guides, against loss by fire, hazards of extended coverage and such other hazards as are provided for in the Fannie Mae Guides or by the Freddie Mac Guides, in an amount representing coverage not less than the lesser of (i) the maximum insurable value of the improvements securing such Mortgage Loans and (ii) the greater of (a) the outstanding principal balance of the Mortgage Loan and (b) an amount such that the proceeds thereof shall be sufficient to prevent the Mortgagor and/or the Mortgagee from becoming a co-insurer.  If the Mortgaged Property is a condominium unit, it is included under the coverage afforded by a blanket policy for the project. If required by the FDPA, the Mortgage Loan is covered by a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration and conforming to Fannie Mae and Freddie Mac requirements, in an amount not less than the amount required by the FDPA. Such policy was issued by an insurer acceptable under the Fannie Mae Guides or the Freddie Mac Guides. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor's cost and expense, and upon the Mortgagor's failure to do so, authorizes the holder of the Mortgage to maintain such insurance at the Mortgagor's cost and expense and to seek reimbursement therefor from the Mortgagor. All such standard hazard and flood policies are in full force and effect and on the date of origination contained a standard mortgagee clause naming the Seller and its successors in interest and assigns as loss payee; such clause is still in effect and all premiums due on any such policies have been paid in full.  No obligated party or borrower, or any other Person, has engaged in any act or omission that would impair the coverage of any such insurance policy, the benefits of the endorsement provided for therein, or the validity and binding effect of either, including, without limitation, the provision or receipt of any unlawful fee, commission, kickback, or other compensation or value of any kind. No action, inaction, or event has occurred and no state of facts exists or has existed that has resulted or will result in the exclusion from, denial of, or defense to coverage under any such insurance policies, regardless of the cause of such failure of coverage.

  

24

  

(x)                           No Default:  There is no default, breach, violation or event of acceleration existing under the Mortgage or the related Mortgage Note and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event permitting acceleration; and neither the Seller nor any prior mortgagee has waived any default, breach, violation or event permitting acceleration.  No foreclosure action is currently threatened or has been commenced with respect to any Mortgaged Property.

 

(y)                          No Rescission:  The Mortgage Note and the Mortgage are not subject to any right of rescission, set-off, counterclaim or defense, including, without limitation, the defense of usury, nor will the operation of any of the terms of the Mortgage Note or the Mortgage, or the exercise of any right thereunder, render the Mortgage Note or Mortgage unenforceable, in whole or in part, or subject to any right of rescission, set-off, counterclaim or defense, including the defense of usury, and no such right of rescission, set-off, counterclaim or defense has been asserted with respect thereto.  The Mortgagor was not a debtor at the time of origination of the Mortgage Loan and is not currently a debtor in any state or federal bankruptcy or insolvency proceeding.

 

(z)                           Enforceable Right of Foreclosure: The Mortgage relating to a Mortgaged Property contains customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against such Mortgaged Property of the benefits of the security provided thereby. There is no homestead or other exemption available to the Mortgagor which would interfere with the right to sell the Mortgaged Property at a trustee's sale or the right to foreclose on the Mortgage.

 

(aa)                        Mortgaged Property is 1-4 Family:  The Mortgaged Property consists of a single parcel of real property with a detached single family residence erected thereon, or a townhouse, or a two-to four-family dwelling, or an individual condominium unit in a condominium project, or an individual unit in a planned unit development or a de minimis planned unit development, provided, however, that no residence or dwelling is a mobile home. As of the date of origination, no portion of the Mortgaged Property was used for commercial purposes, and since the date or origination no portion of the Mortgaged Property has been used for commercial purposes.

 

(bb)                        Mortgage Loan Qualifies for REMIC:  Each Mortgage Loan constitutes a qualified mortgage under Section 860G(a)(3)(A) of the Code and Treasury Regulations Section 1.860G-2(a)(l).

 

(cc)                        Lost Note Affidavit:  With respect to any Mortgage Loan as to which an affidavit has been delivered to the Purchaser certifying that the original Mortgage Note is no longer in existence, if such Mortgage Loan is subsequently in default, the enforcement of such Mortgage Loan will not be materially adversely affected by the absence of the original Mortgage Note;

 

(dd)                        Doing Business:  All parties which have had any interest in the Mortgage, whether as Mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) (A) in compliance with any and all applicable licensing requirements of the laws of the state wherein the Mortgaged Property is located and (B) (1) organized under the laws of such state, (2) qualified to do business in such state, (3) a federal savings and loan association, a national bank, a Federal Home Loan Bank or a savings bank having principal offices in such state or (4) not doing business in such state.

  

25

  

 

(ee)                        Loans Current / Prior Delinquencies:  All payments due on a Mortgage Loan on or prior to the related Closing Date have been made as of the related Closing Date, such Mortgage Loan is not delinquent in payment by more than 30 days and no payment with respect to such Mortgage Loan has been delinquent during the preceding twelve-month period; no payment made on such Mortgage Loan has been dishonored; there are no material defaults under the terms of such Mortgage Loan; and neither the Seller nor any other party has advanced funds or induced, solicited or knowingly received any advance of funds from a party other than the owner of the Mortgaged Property subject to the Mortgage, directly or indirectly, for the payment of any amount required by the Mortgage Loan.

 

(ff)                         [Reserved.]

 

(gg)                       Acceleration of Payments:  The Mortgage contains the usual and enforceable provisions of the originator at the time of origination for the acceleration of the payment of the unpaid principal amount of the Mortgage Loan if the related Mortgaged Property is sold without the prior consent of the Mortgagee thereunder.

 

(hh)                       [Reserved.]

 

(ii)                           Leasehold Interest Representation And Warranty:  To the extent the Mortgage Loan is secured by a leasehold interest: (1) the borrower is the owner of a valid and subsisting interest as tenant under the lease and is not in default thereunder, (2) the lease is in full force and effect, and is unmodified, (3) all rents and other charges have been paid when due, (4) the lessor under the lease is not in default, (5) the execution, delivery, and performance of the Mortgage do not require the consent (other than the consents that have been obtained and are in full force and effect) under, and will not violate or cause a default under, the terms of the lease, (6) the lease is assignable or transferable, (7) the term of such lease does not terminate earlier than five years after the maturity date of the Mortgage Note, (8) the lease does not provide for termination of the lease in the event of the borrower's default without written notice to the Mortgagee and a reasonable opportunity to cure the default, (9) the lease permits the mortgaging of the related Mortgaged Property and (10) the lease protects the Mortgagee's interests in the event of a property condemnation.

 

(jj)                           Sole Collateral:  With respect to any Mortgage Loan that is not a Cooperative Loan, as of the related Closing Date, the Mortgage Note is not and has not been secured by any collateral other than the lien of the corresponding Mortgage and the security interest of any applicable security agreement or chattel mortgage referred to in clause (m) above, and such collateral does not serve as security for any other obligation.

 

(kk)                        Full Disclosure:  The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by applicable law with respect to the making of fixed rate or adjustable rate mortgage loans, as applicable.

 

(ll)                          No Graduated Payments:  The Mortgage Loan does not contain “graduated payment” features, does not have a shared appreciation or other contingent interest feature and does not contain any buydown provisions.

  

26

  

(mm)                       No Negative Amortization Loans, All 30 Year Mortgages:  The Mortgage Loan has an original term to maturity of not more than 30 years, with interest payable in arrears on the first day of each month. The Mortgage Note requires a monthly payment which is sufficient to fully amortize the original principal balance over the original term thereof (except in the case of an interest only loan) and to pay interest at the related Mortgage Interest Rate. The Mortgage Loan does not contain terms or provisions which would result in negative amortization.

 

(nn)                        Assignment of Mortgage, No Other Subsequent Assignments.  The Assignment of Mortgage is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located.  Each original Mortgage was recorded (or is in the process of being recorded) in the appropriate jurisdiction in which such recordation is necessary to perfect the liens against creditors of the Seller.  With respect to each Mortgage Loan that was not (A) originated by Seller while conducting business as a division of Bank of America, National Association or (B) documented with a CEMA, there are no other subsequent assignments of the original Mortgage.

 

(oo)                        Payment Terms:  Payments on the Mortgage Loan commenced no more than sixty (60) days after the funds were disbursed in connection with the Mortgage Loan. The Mortgage Note is payable on the first day of each month in equal monthly installments of principal and interest (if not an interest only loan), with interest calculated and payable in arrears, sufficient to amortize the Mortgage Loan fully by the stated maturity date, over an original term of not more than thirty years from commencement of amortization.

 

(pp)                        Condominiums:  If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development), or stock in a cooperative housing corporation, such condominium, cooperative or planned unit development project meets the eligibility requirements of the Underwriting Guidelines or Fannie Mae.

 

(qq)                        Servicemembers’ Civil Relief Act:  The Mortgagor has not notified the Seller that it is requesting relief under the Servicemembers' Civil Relief Act, and the Seller has no knowledge of any relief requested or allowed to the Mortgagor under the Servicemembers' Civil Relief Act.

 

(rr)                          Construction:  As of the related Closing Date, no Mortgage Loan was in construction or rehabilitation status and no trade-in or exchange of a Mortgaged Property has been facilitated.

 

(ss)                        Qualified Lender:  The Mortgage Loan was originated by a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar institution supervised and examined by a federal or state authority.

 

(tt)                          No Ground Leases:  No Mortgaged Property is subject to a ground lease.

 

(uu)                        No Additional Fees:  With respect to any broker fees collected and paid on any of the Mortgage Loans, all such fees have been properly assessed to the Mortgagor and no claims will arise as to such fees that are double charged and for which the Mortgagor would be entitled to reimbursement.

  

27

  

 

(vv)                        Home Ownership and Equity Protection Act 1994:  None of the Mortgage Loans are subject to the Home Ownership and Equity Protection Act of 1994 or any comparable state law.

 

(ww)                       No Single Credit Insurance:  None of the proceeds of the Mortgage Loan were used to finance single premium credit insurance policies.

 

(xx)                         Principal Advances:  Any principal advances made to the Mortgagor prior to the related Closing Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first lien priority by a title insurance policy, an endorsement to the policy insuring the Mortgagee's consolidated interest or by other title evidence acceptable to Fannie Mae and Freddie Mac. The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan.

 

(yy)                        Interest Calculation:  Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months.

 

(zz)                          No Balloon Loans:  No Mortgage Loan is a Balloon Mortgage Loan.

 

(aaa)                       MERS Loans:  No Mortgage Loan is a MERS Mortgage Loan.

 

(bbb)                      Credit Reporting:  With respect to each Mortgage Loan which has been (or becomes) delinquent 30 days or more at least once since origination, the Seller has fully and accurately furnished complete (favorable or unfavorable) information on the related borrower credit files to Equifax, Experian and Trans Union Credit Information in accordance with the Fair Credit Reporting Act and its implementing regulations.

 

(ccc)                       Additional Representations:  Certain additional representations specific to the Mortgage Loans being sold on each Closing Date, as mutually agreed by the parties hereto, may be set forth on an Exhibit to the related PPTL.

 

(ddd)                      Reserved.

 

(eee)                       Cooperative Lien Search:  With respect to each Cooperative Loan, a Cooperative Lien Search has been made by a company competent to make the same which company is acceptable to Fannie Mae and Freddie Mac and qualified to do business in the jurisdiction where the Cooperative Unit is located and such search has not found anything which individually or in the aggregate would materially and adversely affect the Cooperative Loan or have priority over the Seller’s security interest in such cooperative shares.

 

(fff)                         Cooperative Loan-Proprietary Lease:  With respect to each Cooperative Loan, (i) the related cooperative corporation that owns title to the related cooperative building is a “cooperative housing corporation” within the meaning of Section 216 of the Code, and is in material compliance with applicable federal, state and local laws which, if not complied with, could have a material adverse effect on the Mortgaged Property, (ii) the terms of the related Proprietary Lease is longer than the terms of the Cooperative Loan, (iii) there is no provision in any Proprietary Lease which requires the Mortgagor to offer for sale the Cooperative Shares owned by such Mortgagor first to the Cooperative Corporation, (iv) there is no prohibition in any Proprietary Lease against pledging the Cooperative Shares or assigning the Proprietary Lease and (v) the Recognition Agreement is on a form of agreement published by the Aztech Document Systems, Inc. or includes provisions which are no less favorable to the lender than those contained in such agreement.

  

28

  

 

(ggg)                     Cooperative Loan- UCC Financing Statement:  With respect to each Cooperative Loan related to a Cooperative Project located in the State of New York, each original UCC financing statement, continuation statement or other governmental filing or recordation necessary to create or preserve the perfection and priority of the first priority lien and security interest in the Cooperative Shares and Proprietary Lease has been timely and properly made.  Any security agreement, chattel mortgage or equivalent document related to the Cooperative Loan and delivered to the Mortgagor or its designee establishes in the Mortgagor a valid and subsisting perfected first lien on and security interest in the Mortgaged Property described therein, and the Mortgagor has full right to sell and assign the same.

 

(hhh)                     Cooperative Loan- Cooperative Pledge Agreement:  With respect to each Cooperative Loan, each Cooperative Pledge Agreement contains enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization of the benefits of the security provided thereby.  The Cooperative Pledge Agreement contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Note in the event the Cooperative Unit is transferred or sold without the consent of the holder thereof.

 

Subsection 7.02             Seller and Servicer Representations.

 

The Seller and the Servicer hereby represent and warrant to the Purchaser that, as to itself as of the related Closing Date:

 

(a)                          It is a California corporation, duly organized, validly existing, and in good standing under the laws of the United States and has all licenses necessary to carry on its business as now being conducted and is licensed, qualified and in good standing in the states where the Mortgaged Property is located if the laws of such state require licensing or qualification in order to conduct business of the type conducted by it.  It is an approved seller/servicer in good standing of conventional residential mortgage loans for Fannie Mae or Freddie Mac.  It has corporate power and authority to execute and deliver this Agreement and to perform in accordance herewith; the execution, delivery and performance of this Agreement (including all instruments of transfer to be delivered pursuant to this Agreement) by it and the consummation of the transactions contemplated hereby have been duly and validly authorized.  This Agreement, assuming due authorization, execution and delivery by the Purchaser, evidences the legal, valid, binding and enforceable obligation of it, subject to applicable law except as enforceability may be limited by (i) bankruptcy, insolvency, liquidation, receivership, moratorium, reorganization or other similar laws affecting the enforcement of the rights of creditors and (ii) general principles of equity, whether enforcement is sought in a proceeding in equity or at law.  All requisite corporate action has been taken by it to make this Agreement valid and binding upon it in accordance with the terms of this Agreement.

  

29

  

(b)                          No consent, approval, authorization or order is required for the transactions contemplated by this Agreement from any court, governmental agency or body, or federal or state regulatory authority having jurisdiction over it or, if required, such consent, approval, authorization or order has been or will, prior to the related Closing Date, be obtained.

 

(c)                          The consummation of the transactions contemplated by this Agreement are in its ordinary course of business and will not result in the breach of any term or provision of its articles of association or by-laws or result in the breach of any term or provision of, or conflict with or constitute a default under or result in the acceleration of any obligation under, any agreement, indenture or loan or credit agreement or other instrument to which it or its property is subject, or result in the violation of any law, rule, regulation, order, judgment or decree to which it or its property is subject.

 

(d)                          Its transfer, assignment and conveyance of the Mortgage Notes and the Mortgages pursuant to this Agreement are not subject to the bulk transfer or any similar statutory provisions in effect in any applicable jurisdiction.

 

(e)                           There is no action, suit, proceeding or investigation pending or, to its best knowledge, threatened against it which, either individually or in the aggregate, would result in any material adverse change in its business, operations, financial condition, properties or assets, or in any material impairment of its right or ability to carry on its business substantially as now conducted or which would draw into question the validity of this Agreement or the Mortgage Loans or of any action taken or to be taken in connection with its obligations contemplated herein, or which would materially impair its ability to perform under the terms of this Agreement.

 

(f)                           The Seller is not in material default under any agreement, contract, instrument or indenture to which the Seller is a party or by which it (or any of its assets) is bound, which default would have a material adverse effect on the ability of the Seller to perform under this Agreement, nor has any event occurred which, with the giving of notice, the lapse of time or both, would constitute a default under any such agreement, contract, instrument or indenture and have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement.

 

(g)                          It does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement.

 

(h)                          It acknowledges and agrees that the Servicing Fee shall be treated by the Servicer, for accounting and tax purposes, as compensation for the servicing and administration of the Mortgage Loans pursuant to this Agreement.

 

(i)                           It has determined that the disposition of the Mortgage Loans pursuant to this Agreement will be afforded sale treatment for accounting and tax purposes.

 

(j)                           It is solvent and the sale of the Mortgage Loans will not cause it to become insolvent.  The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of its creditors.

 

(k)                           It has not dealt with any broker, investment banker, agent or other person that may be entitled to any commission or compensation in connection with the sale of the Mortgage Loans.

  

30

  

 

(l)                           Neither this Agreement nor any statement, report or other agreement, document or instrument furnished or to be furnished pursuant to this Agreement contains any materially untrue statement of fact or omits to state a fact necessary to make the statements contained therein not misleading.

 

Subsection 7.03            Repurchase; Substitution.

 

(a)                           It is understood and agreed that the representations and warranties set forth in Sections 7.01 and 7.02 shall survive the sale of the Mortgage Loans and delivery of the Mortgage File to the Purchaser, or its designee, and shall inure to the benefit of the Purchaser, notwithstanding any restrictive or qualified endorsement on any Mortgage Note or Assignment or the examination, or lack of examination, of any Mortgage Loan Document.  Upon discovery by the Seller, the Servicer or the Purchaser of a breach of any of the foregoing representations and warranties which materially and adversely affects the value of the Mortgage Loans or the interest of the Purchaser in the Mortgage Loans (or which materially and adversely affects the value of a particular Mortgage Loan or the interest of the Purchaser in a particular Mortgage Loan in the case of a representation and warranty relating to such particular Mortgage Loan), the party discovering such breach shall give prompt written notice to the other.  A breach of representations and warranties in Sections 7.01(h), (bb), and (vv) shall be deemed to materially and adversely affect the value of the related Mortgage Loan or the interest of the Purchaser in any Mortgage Loan.  The Seller shall have a period of sixty (60) days from the earlier of its discovery or its receipt of notice of any such breach within which to correct or cure such breach.  The Seller hereby covenants and agrees that if any such breach is not corrected or cured within such sixty (60) day period, the Seller shall, at the Purchaser’s option, (i) repurchase such Mortgage Loan at the Repurchase Price, (ii) substitute a mortgage loan for the defective Mortgage Loan as provided below or (iii) except for a breach of the representation and warranty in Section 7.01(bb), make an indemnification payment in an amount equal to the reduction in value of such Mortgage Loan as a result of such breach, such payment to be made in the manner set forth above in respect of the Purchase Price of a repurchased Mortgage Loan.  In the event that any such breach shall involve any representation or warranty set forth in Section 7.02, and such breach is not cured within sixty (60) days of the earlier of either discovery by or notice to the Seller of such breach, all Mortgage Loans shall, at the option of the Purchaser, be repurchased by the Seller at the Repurchase Price.  Any such repurchase shall be accomplished by deposit in the Custodial Account of the amount of the Repurchase Price for further distribution to the Purchaser on the applicable Remittance Date in accordance with Subsection 11.15 hereof.  If the breach of representation and warranty that gave rise to the obligation to repurchase or substitute a Mortgage Loan pursuant to this Section 7.03(a) was the representation and warranty set forth in clause (e) or (h) of Section 7.01, then the Seller shall pay to the Purchaser, concurrently with and in addition to the remedies provided in this Section 7.03(a), an amount equal to any liability, penalty or expense that was actually incurred and paid out of or on behalf of the Purchaser, and that directly resulted from such breach, or if incurred and paid by the Purchaser thereafter, concurrently with such payment.

  

31

  

(b)                           If the Seller is required to repurchase any Mortgage Loan pursuant to this Subsection 7.03 as a result of a breach of any of the representations and warranties set forth in Subsection 7.01, the Seller may, with the Purchaser’s prior consent, within two (2) years from the related Closing Date, remove such defective Mortgage Loan from the terms of this Agreement and substitute another mortgage loan for such defective Mortgage Loan, in lieu of repurchasing such defective Mortgage Loan.  Any Substitute Mortgage Loan shall (a) have a principal balance at the time of substitution not in excess of the principal balance of the Deleted Mortgage Loan (the amount of any difference, plus one month’s interest thereon at the Mortgage Loan Remittance Rate borne by the Deleted Mortgage Loan, being paid by the Seller and deemed to be a Principal Prepayment by prompt wire from the Custodial Account (after deposit of such amount into the Custodial Account by the Seller) to an account designated by the Purchaser), (b) have a Mortgage Interest Rate not less than, and not more than one percentage point greater than, the Mortgage Interest Rate of the Deleted Mortgage Loan, (c) have a remaining term to stated maturity not later than, and not more than one year less than, the remaining term to stated maturity of the Deleted Mortgage Loan, (d) be, in the reasonable determination of the Purchaser, of the same type, quality and character (including location of the Mortgaged Property) as the Deleted Mortgage Loan as if the breach had not occurred, (e) have a Loan-to-Value Ratio at origination no greater than that of the Deleted Mortgage Loan, (f) have the same lien priority as that of the Deleted Mortgage Loan and (g) be, in the reasonable determination of the Purchaser, in material compliance with the representations and warranties contained in this Agreement and described in Subsection 7.01 as of the date of substitution.

 

(c)                           The Seller shall amend the related Mortgage Loan Schedule to reflect the withdrawal of the Deleted Mortgage Loan from this Agreement and the substitution of such substitute Mortgage Loan therefor.  Upon such amendment, the Purchaser shall review the Mortgage File delivered to it relating to the substitute Mortgage Loan.  The Monthly Payment on a substitute Mortgage Loan due on the Due Date in the month of substitution shall be the property of the Seller and the Monthly Payment on the Deleted Mortgage Loan for which the substitution is made due on such date shall be the property of the Purchaser.

 

(d)                           It is understood and agreed that the obligation of the Seller set forth in this Subsection 7.03 to cure, repurchase or substitute for a defective Mortgage Loan, and to indemnify Purchaser pursuant to Subsection 12.01, constitutes the sole remedies of the Purchaser respecting a breach of the foregoing representations and warranties.  If the Seller agrees that a breach of a representation or warranty set forth in Subsections 7.01 or 7.02 exists that materially and adversely affects the value of a particular Mortgage Loan or the interest of the Purchaser in a particular Mortgage Loan, and the Seller fails to cure, repurchase or substitute for the defective Mortgage Loan accordance with this Subsection 7.03 or to indemnify Purchaser pursuant to Subsection 12.01, that failure shall be an Event of Default and the Purchaser shall be entitled to pursue all available remedies.  No provision of this paragraph shall affect the rights of the Purchaser to terminate this Agreement for cause, as set forth in Subsections 13.01 and 14.01.

 

(e)                           Any cause of action against the Seller or the Servicer, as applicable, relating to or arising out of the breach of any representations and warranties made in Subsections 7.01 and 7.02 shall accrue as to any Mortgage Loan upon (i) notice thereof by the Purchaser to the Seller or the Servicer, as applicable, (ii) failure by the Seller or the Servicer, as applicable, to cure such breach or repurchase such Mortgage Loan as specified above, and (iii) demand upon the Seller or the Servicer, as applicable, by the Purchaser for compliance with this Agreement.

  

32

  

(f)                           In the event that any Mortgage Loan is held by a REMIC, notwithstanding any contrary provision of this Agreement, with respect to any Mortgage Loan that is not in default or as to which no default is imminent, Purchaser may, in connection with any repurchase or substitution of a defective Mortgage Loan pursuant to this Subsection 7.03, require that the Seller deliver, at the Seller’s expense, an Opinion of Counsel to the effect that such repurchase or substitution will not (i) result in the imposition of taxes on “prohibited transactions” of such REMIC (as defined in Section 860F of the Code) or otherwise subject the REMIC to tax, or (ii) cause the REMIC to fail to qualify as a REMIC at any time.

 

(g)                          With respect to any Mortgage Loan listed as having mortgage insurance on the Mortgage Loan Schedule, regardless of whether the insurance is borrower paid or lender paid, if the mortgage insurer rejects, denies, or rescinds a claim on the basis of any defect in connection with the origination of the Mortgage Loan or the servicing of the Mortgage Loan prior to the Closing Date (a “mortgage insurer rejection”), other than as a result of the mortgage insurer’s breach of its obligations or as a result of the mortgage insurer's insolvency, the Seller shall either repurchase such Mortgage Loan at the Repurchase Price or pay the Trust the amount of such claim within thirty (30) days from the date of such mortgage insurer rejection.

 

(h)                          The  parties agree that the  resolution of any controversy or claim arising out of or relating to an obligation or alleged obligation of the Seller to repurchase a Mortgage Loan due to a breach of a representation or warranty contained in Subsections 7.01 or 7.02 hereof shall be  by Arbitration.

 

If any allegation of a breach of a representation or warranty made in Subsections 7.01 or 7.02 has not been resolved to the satisfaction of both the Purchaser and the Seller, either party may commence Arbitration to resolve the dispute; provided that a party may commence Arbitration with respect to one or more unresolved allegations only during the months of January, April, July and October, and all matters with respect to which Arbitration has been commenced in any such month shall be heard in a single Arbitration in the immediately following month or as soon as practicable thereafter.  To commence Arbitration, the moving party shall deliver written notice to the other party that it has elected to pursue Arbitration in accordance with this Section 7.03(h), provided that if the Seller has not responded to the Purchaser's notification of a breach of a representation and warranty,  the Purchaser shall not commence Arbitration with respect to that breach before 60 days following such notification in order to provide the Seller with an opportunity to respond to such notification.  Within 10 Business Days after a party has provided notice that it has elected to pursue Arbitration, each party may submit the names of one or more proposed Arbitrators to the other party in writing.  If the parties have not agreed on the selection of an Arbitrator within five Business Days after the first such submission, then the party commencing Arbitration shall, within the next 5 business days, notify the American Arbitration Association in San Francisco, California and request that it appoint a  single Arbitrator with experience in arbitrating disputes arising in the financial services industry.

 

It is the intention of the parties that Arbitration shall be conducted in as efficient and cost-effective a manner as is reasonably practicable, without the burden of discovery.  Accordingly, the Arbitrator will resolve the dispute on the basis of a review of the written correspondence between the parties (including any supporting materials attached to such correspondence) conveyed by the parties to each other in connection with the dispute prior to the delivery of notice to commence Arbitration; however, upon a showing of good cause, a party may request the Arbitrator to direct the production of such additional information, evidence and/or documentation from the parties that the Arbitrator deems appropriate.  If requested by the Arbitrator or any party, any hearing with respect to an Arbitration shall be conducted by video conference or teleconference except upon the agreement of both parties or the request of the Arbitrator.

  

33

  

 

The finding of the Arbitrator shall be final and binding upon the parties. Judgment upon any arbitration award rendered may be entered and enforced in any court of competent jurisdiction. The costs of the  Arbitrator shall be shared equally between both parties.  Each party, however, shall bear its own attorneys fees and costs in connection with the Arbitration.

 

Subsection 7.04            Repurchase of Mortgage Loans With Early Payment Default.

 

In the event that (i) the first Due Date for a Mortgage Loan is prior to the Cut-off Date and the initial Monthly Payment is not made by the related Mortgagor within thirty (30) days of such Due Date or (ii) at any time prior to the first day of the fourth calendar month following the date of origination of a Mortgage Loan, a Monthly Payment on such Mortgage Loan due following the Cut-off Date is not made by the related Mortgagor within thirty (30) days of the related Due Date, then, in any such case, the Seller shall repurchase the affected Mortgage Loans at the Purchase Price, which shall be paid as provided in Subsection 7.03 hereof.  The Seller shall notify the Purchaser of any such default under this Subsection 7.04 within thirty (30) days of any such Mortgage Loan becoming thirty (30) days delinquent.

 

Subsection 7.05            Purchase Price Protection.

 

With respect to any Mortgage Loan that prepays in full on or prior to the last day of the third full month following the related Closing Date (or such other date set forth in the related PPTL, the Seller shall reimburse the Purchaser an amount equal to the product of (a) the amount by which Purchase Price Percentage paid by the Purchaser to the Seller for such Mortgage Loan exceeds 100% and (b) the outstanding principal balance of the Mortgage Loan as of the Cut-off Date.  Such payment shall be made within thirty (30) days of such payoff.

 

SECTION 8.         Closing.

 

Subsection 8.01            Closing Conditions.

 

The closing for the purchase and sale of each Mortgage Loan Package shall take place on the respective Closing Date.  The closing shall be either by telephone, confirmed by letter or wire as the parties hereto shall agree, or conducted in person, at such place as the parties hereto shall agree.

 

The closing for each Mortgage Loan Package shall be subject to the satisfaction of each of the following conditions:

 

(a)                           The Purchaser shall have received, or the Purchaser's attorney shall have received, in escrow, all Closing Documents as specified in Section 8.02, duly executed by all signatories other than the Purchaser;

 

(b)                           all of the representations and warranties of the Seller under this Agreement shall be true and correct as of the related Closing Date (or, with respect to Subsection 7.01, such other date specified therein) in all material respects and no default shall have occurred hereunder which, with notice or the passage of time or both, would constitute an Event of Default hereunder;

  

34

  

 

(c)                          the Purchaser shall have received from the custodian an initial certification with respect to its receipt of the Mortgage Loan Documents for the related Mortgage Loans; and

 

(d)                          all other terms and conditions of this Agreement and the related PPTL to be satisfied by the Seller shall have been complied with in all material respects.

 

Upon satisfaction of the foregoing conditions, the Purchaser shall pay to the Seller on such Closing Date the Purchase Price for the related Mortgage Loan Package, plus accrued interest pursuant to Section 4 of this Agreement.

 

Subsection 8.02            Closing Documents.

 

(a)                           On or before the initial Closing Date, the Seller shall submit to the Purchaser fully executed originals of the following documents:

 

(i)         this Agreement, in four counterparts;

 

(ii)        if requested by the Purchaser, a Custodial Account Letter Agreement;

 

(iii)       if requested by the Purchaser, an Escrow Account Letter Agreement; and

 

(b)                           On or before each Closing Date, the Seller shall submit to the Purchaser fully executed originals of the following documents:

 

(i)         the related PPTL executed by the Seller and a funding memorandum setting forth the Purchase Price(s), and the accrued interest thereon, for the Mortgage Loan Package;

 

(ii)        the related Mortgage Loan Schedule and an electronic data file containing information on a loan-level basis; and

 

(iii)      a certificate or other evidence of merger or change of name, signed or stamped by the applicable regulatory authority, if any of the Mortgage Loans were acquired by the Seller by merger or acquired or originated by the Seller while conducting business under a name other than its present name, if applicable.

 

SECTION 9.        [Reserved.]

 

SECTION 10.      Costs.

 

The Purchaser shall pay the cost of delivering the Mortgage Loan Files (if requested) to the Purchaser or its designee for each related Closing Date, the cost of recording the Assignments of Mortgage, any custodial fees or other fees incurred in connection with the release of any Mortgage Loan Documents as may be required by the servicing activities hereunder and all other costs and expenses incurred in connection with the sale of the Mortgages by the Seller to the Purchaser; provided that, the Seller and/or the Servicer shall pay (i) the costs of delivering the Mortgage Loan Documents to the Purchaser or its designee for each related Closing Date, (ii) any commissions due their salespeople and (iii) the legal fees and expenses of their attorneys.  Notwithstanding anything to the contrary herein, any fees, costs or expenses to be reimbursed by one party to another pursuant to this Section 10 shall be reasonable and documented.

  

35

  

 

SECTION 11.       Administration and Servicing of Mortgage Loans.

 

Subsection 11.01          Servicer to Act as Servicer; Subservicing.

 

Effective as of each related Transfer Date, the Servicer, as an independent contractor, shall service and administer the Mortgage Loans in accordance with this Agreement and Customary Servicing Procedures and the terms of the Mortgage Notes and Mortgages, and shall have full power and authority, acting alone or through subservicers or agents, to do or cause to be done any and all things in connection with such servicing and administration which the Servicer may deem necessary or desirable and consistent with the terms of this Agreement.  The Servicer may perform its servicing responsibilities through agents or independent contractors, but shall not thereby be released from any of its responsibilities hereunder.  Notwithstanding anything to the contrary, the Servicer may delegate any of its duties under this Agreement to one or more of its affiliates without regard to any of the requirements of this section; provided, however, that the Servicer shall not be released from any of its responsibilities hereunder by virtue of such delegation.  The Mortgage Loans may be subserviced by one or more unaffiliated subservicers on behalf of the Servicer provided each subservicer is a Fannie Mae approved seller/servicer or a Freddie Mac approved seller/servicer in good standing, and no event has occurred, including but not limited to a change in insurance coverage, that would make it unable to comply with the eligibility for seller/servicers imposed by Fannie Mae or Freddie Mac, or which would require notification to Fannie Mae or Freddie Mac. The Servicer shall pay all fees and expenses of the subservicer from its own funds (provided that any such expenditures that would constitute Servicing Advances if made by the Servicer hereunder shall be reimbursable to the Servicer as Servicing Advances), and the subservicer’s fee shall not exceed the Servicing Fee.

 

At the cost and expense of the Servicer, without any right of reimbursement from the Custodial Account, the Servicer shall be entitled to terminate the rights and responsibilities of a subservicer and arrange for any servicing responsibilities to be performed by a successor subservicer meeting the requirements in the preceding paragraph; provided, however, that nothing contained herein shall be deemed to prevent or prohibit the Servicer, at the Servicer’s option, from electing to service the related Mortgage Loans itself.  If the Servicer’s responsibilities and duties under this Agreement are terminated and if requested to do so by the Purchaser, the Servicer shall at its own cost and expense terminate the rights and responsibilities of the subservicer as soon as is reasonably possible.  The Servicer shall pay all fees, expenses or penalties necessary in order to terminate the rights and responsibilities of the subservicer from the Servicer’s own funds without reimbursement from the Purchaser.

 

The Servicer shall be entitled to enter into an agreement with the subservicer for indemnification of the Servicer by the subservicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.

  

36

  

 

Any subservicing agreement and any other transactions or services relating to the Mortgage Loans involving the subservicer shall be deemed to be between the subservicer and Servicer alone, and the Purchaser shall have no obligations, duties or liabilities with respect to the subservicer including any obligation, duty or liability to pay the subservicer’s fees and expenses.  For purposes of distributions and advances by the Servicer pursuant to this Agreement, the Servicer shall be deemed to have received a payment on a Mortgage Loan when the subservicer has received such payment.  The Servicer shall not make any amendment to any agreement with a subservicer if such amendment is not consistent with or violates the provisions of this Agreement, or if such amendment could be reasonably expected to be materially adverse to the interests of the Purchaser.

 

Consistent with the terms of this Agreement, and subject to the REMIC Provisions if the Mortgage Loans have been transferred to a REMIC, the Servicer may waive, modify or vary any term of any Mortgage Loan or consent to the postponement of strict compliance with any such term or in any manner grant indulgence to any Mortgagor; provided, however, that the Servicer shall not enter into any payment plan or agreement to modify payments with a Mortgagor lasting more than six (6) months or permit any modification with respect to any Mortgage Loan that would change the Mortgage Interest Rate, the Lifetime Rate Cap (if applicable), the Initial Rate Cap (if applicable), the Periodic Rate Cap (if applicable) or the Gross Margin (if applicable), agree to the capitalization of arrearages, including interest, fees or expenses owed under the Mortgage Loan, make any future advances or extend the final maturity date with respect to such Mortgage Loan, or accept substitute or additional collateral or release any collateral for such Mortgage Loan, unless (1) the Mortgagor is in default with respect to the Mortgage Loan, or such default is, in the judgment of the Servicer, imminent, (2) the modification is in accordance with the customary procedures of the Servicer, which may change from time to time, or industry-accepted programs, and (3) the Purchaser has approved such action.  Additionally, the Servicer shall not accept any deed-in-lieu of, short pay-off, or sale of any Mortgaged Property, in which the sale proceeds are less than the unpaid principal balance of the related Mortgage Loan unless the Purchaser has approved such action.  Further, the Servicer shall not defer or forgive the payment of any principal or interest or change the outstanding principal amount (except to reflect actual payments of principal) unless the Purchaser has approved such action.  Any capitalization of arrearages of interest, fees and expenses in excess of 10% of the outstanding unpaid principal balance of the related Mortgage Loan immediately prior to the capitalization shall be made only after the Servicer has received the express written consent of the Purchaser.  Without limiting the generality of the foregoing, the Servicer in its own name or acting through subservicers or agents is hereby authorized and empowered by the Purchaser when the Servicer believes it appropriate and reasonable in its best judgment, to execute and deliver, on behalf of itself or the Purchaser, all instruments of satisfaction or cancellation, or of partial or full release and discharge, and all other comparable instruments, with respect to the Mortgage Loans and the Mortgaged Properties and to institute foreclosure proceedings or obtain a deed-in-lieu of foreclosure so as to convert the ownership of such properties, and to hold or cause to be held title to such properties, on behalf of the Purchaser pursuant to the provisions of Subsection 11.13.  The Servicer shall notify the Purchaser of any modification, waiver or amendment of any term of any Mortgage Loan and the date thereof and shall deliver to the Purchaser, for deposit in the related Mortgage File, an original counterpart of the agreement relating to such modification, waiver or amendment promptly following the execution thereof.  Notwithstanding anything to the contrary in this Agreement, the Servicer shall not make or permit any modification, waiver or amendment of any term of a Mortgage Loan that could cause any REMIC holding such Mortgage Loan to fail to qualify as a REMIC or result in the imposition of any tax under Section 860F(a) or 860G(d) of the Code on any REMIC holding such Mortgage Loan.

  

37

  

 

The Purchaser shall furnish to the Servicer any powers of attorney and other documents reasonably necessary or appropriate to enable the Servicer to carry out its servicing and administrative duties under this Agreement.

 

Whether in connection with the foreclosure of a Mortgage Loan or otherwise, the Servicer shall from its own funds make all necessary and proper Servicing Advances; provided, however, that the Servicer is not required to make a Servicing Advance unless the Servicer determines in the exercise of its good faith judgment that such Servicing Advance would ultimately be recoverable from REO Disposition Proceeds, Insurance Proceeds or Condemnation Proceeds of the related Mortgaged Property (with respect to each of which the Servicer shall have the priority described in Subsection 11.05 for purposes of withdrawals from the Custodial Account).

 

Notwithstanding anything to the contrary contained herein, in connection with a foreclosure or acceptance of a deed in lieu of foreclosure, in the event the Servicer has reasonable cause to believe that a Mortgaged Property is contaminated by hazardous or toxic substances or wastes, or if the Purchaser otherwise requests an environmental inspection or review of such Mortgaged Property, such an inspection or review is to be conducted by a qualified inspector at the Purchaser’s expense.  Upon completion of the inspection, the Servicer shall promptly provide the Purchaser with a written report of the environmental inspection.  In the event (a) the environmental inspection report indicates that the Mortgaged Property is contaminated by hazardous or toxic substances or wastes and (b) the Purchaser directs the Servicer to proceed with foreclosure or acceptance of a deed in lieu of foreclosure, the Servicer shall be reimbursed for all reasonable costs associated with such foreclosure or acceptance of a deed in lieu of foreclosure and any related environmental clean up costs, as applicable, from the related Liquidation Proceeds, or if the Liquidation Proceeds are insufficient fully to reimburse the Servicer, the Servicer shall be entitled to be reimbursed from amounts in the Custodial Account pursuant to Subsection 11.05 hereof.  In the event the Purchaser directs the Servicer not to proceed with foreclosure or acceptance of a deed in lieu of foreclosure, the Servicer shall be reimbursed for all Servicing Advances made with respect to the related Mortgaged Property from the Custodial Account pursuant to Subsection 11.05 hereof.

 

Subsection 11.02          Liquidation of Mortgage Loans.

 

In the event that any payment due under any Mortgage Loan is not paid when the same becomes due and payable, or in the event the Mortgagor fails to perform any other covenant or obligation under the Mortgage Loan and such failure continues beyond any applicable grace period, the Servicer shall take such action as it shall deem to be in the best interest of the Purchaser.  In the event that any payment due under any Mortgage Loan remains delinquent for a period of forty-five (45) days, the Servicer shall order an inspection of the related Mortgaged Property and if the Mortgage Loan remains delinquent for a period of ninety (90) days or more, the Servicer shall commence foreclosure proceedings in accordance with Customary Servicing Procedures and the guidelines set forth by Fannie Mae, Freddie Mac, or FHFA, and FHA or VA, as applicable.  In such connection, the Servicer shall from its own funds make all necessary and proper Servicing Advances.  If the portion of any Liquidation Proceeds allocable as a recovery of interest on a related  Mortgage Loan is less than the full amount of accrued and unpaid interest on such Mortgage Loan as of the date such proceeds are received, then the applicable Servicing Fees with respect to such Mortgage Loan shall be paid first and any amounts remaining thereafter shall be distributed to the Purchaser.  Upon liquidation of any Mortgage Loan, the Servicer shall provide written notice thereof to the custodian appointed by the Purchaser.

  

38

  

 

Subsection 11.03          Collection of Mortgage Loan Payments.

 

Continuously from the date hereof until the principal and interest on all Mortgage Loans are paid in full, the Servicer will proceed diligently, in accordance with this Agreement, to collect all payments due under each of the Mortgage Loans when the same shall become due and payable.  Further, the Servicer will in accordance with Customary Servicing Procedures ascertain and estimate taxes, assessments, fire and hazard insurance premiums, premiums for Primary Mortgage Insurance Policies, and all other charges that, as provided in any Mortgage, will become due and payable to the end that the installments payable by the Mortgagors will be sufficient to pay such charges as and when they become due and payable.

 

Subsection 11.04          Establishment of Custodial Account; Deposits in Custodial Account.

 

The Servicer shall segregate and hold all funds collected and received pursuant to each Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts (collectively, the “Custodial Account”), titled “[name of Servicer], in trust for DLJ Mortgage Capital, Inc. as Purchaser of Mortgage Loans and various Mortgagors.”  Such Custodial Account shall be an Eligible Account established with a commercial bank, a savings bank or a savings and loan association (which may be a depository affiliate of the Servicer) which meets the guidelines set forth by the FHFA, Fannie Mae or Freddie Mac as an eligible depository institution for custodial accounts.  The Custodial Account shall not be transferred to another depository institution without the Purchaser’s approval, which shall not unreasonably be withheld.  In any case, the Custodial Account shall be insured by the FDIC in a manner which shall provide maximum available insurance thereunder and which may be drawn on by the Servicer.

 

The Servicer shall deposit in the Custodial Account on a daily basis, and retain therein the following payments and collections received or made by it subsequent to the related Cut-off Date (other than in respect of principal and interest on the Mortgage Loans due on or before the related Cut-off Date):

 

(a)                           all payments on account of principal, including Principal Prepayments, on the Mortgage Loans;

 

(b)                           all payments on account of interest on the Mortgage Loans adjusted to the related Mortgage Loan Remittance Rate;

 

(c)                           all Liquidation Proceeds;

 

(d)                           all proceeds received by the Servicer under any title insurance policy, hazard insurance policy, Primary Mortgage Insurance Policy or other insurance policy other than proceeds to be held in the Escrow Account and applied to the restoration or repair of the Mortgaged Property or released to the Mortgagor in accordance with Customary Servicing Procedures;

  

39

  

 

(e)                           all awards or settlements in respect of condemnation proceedings or eminent domain affecting any Mortgaged Property which are not released to the Mortgagor in accordance with Customary Servicing Procedures;

 

(f)                            any amount required to be deposited in the Custodial Account pursuant to Subsections 11.15, 11.17 and 11.19;

 

(g)                           any amount required to be deposited by the Servicer in connection with any REO Property pursuant to Subsection 11.13;

 

(h)                           any Repurchase Price amounts required to be deposited in the Custodial Account in connection with the repurchase of any Mortgage Loan pursuant to Subsection 7.03 and required to be deposited in the Custodial Account and all amounts required to be deposited by the Servicer in connection with shortfalls in principal amount of Substitute Mortgage Loans pursuant to Subsection 7.03;

 

(i)                            with respect to each Full Prepayment and each Partial Prepayment, an amount (to be paid by the Servicer out of its own funds) equal to the Prepayment Interest Shortfall; provided, however, that the Servicer’s aggregate obligations under this paragraph for any month shall be limited to the total amount of Servicing Fees actually received with respect to the Mortgage Loans by the Servicer during such month; and

 

(j)                            amounts required to be deposited by the Servicer in connection with the deductible clause of any hazard insurance policy.

 

The foregoing requirements for deposit in the Custodial Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments in the nature of late payment charges, Prepayment Penalties, assumption fees and other ancillary fees need not be deposited by the Servicer in the Custodial Account.

 

The Servicer may invest the funds in the Custodial Account in Eligible Investments designated in the name of the Servicer for the benefit of the Purchaser, which shall mature not later than the Business Day next preceding the Remittance Date next following the date of such investment (except that (A) any investment in the institution with which the Custodial Account is maintained may mature on such Remittance Date and (B) any other investment may mature on such Remittance Date if the Servicer shall advance funds on such Remittance Date, pending receipt thereof to the extent necessary to make distributions to the Purchaser) and shall not be sold or disposed of prior to maturity.  Notwithstanding anything to the contrary herein and above, all income and gain realized from any such investment shall be for the benefit of the Servicer and shall be subject to withdrawal by the Servicer.  The amount of any losses incurred in respect of any such investments shall be deposited in the Custodial Account by the Servicer out of its own funds immediately as realized.

  

40

  

 

Subsection 11.05          Withdrawals From the Custodial Account.

 

The Servicer shall, from time to time, withdraw funds from the Custodial Account for the following purposes:

 

(a)                           to make payments to the Purchaser in the amounts and in the manner provided for in Subsection 11.15;

 

(b)                           to reimburse itself for unreimbursed P&I Advances, the Servicer’s right to reimburse itself pursuant to this subclause (b) with respect to any Mortgage Loan being limited to related Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds, Repurchase Price amounts and such other amounts as may be collected by the Servicer from the related Mortgagor or otherwise relating to the Mortgage Loan, it being understood that, in the case of any such reimbursement, the Servicer’s right thereto shall be prior to the rights of the Purchaser with respect to such Mortgage Loan, except that, where the Seller is required to repurchase a Mortgage Loan pursuant to Subsection 7.03, the Servicer’s right to such reimbursement shall be subsequent to the payment to the Purchaser of the Repurchase Price pursuant to Subsection 7.03 and all other amounts required to be paid to the Purchaser with respect to such Mortgage Loan;

 

(c)                           to reimburse itself for any unpaid Servicing Fees and for unreimbursed Servicing Advances, the Servicer’s right to reimburse itself pursuant to this subclause (c) with respect to any Mortgage Loan being limited to related Liquidation Proceeds, Condemnation Proceeds, Insurance Proceeds, Repurchase Price amounts and such other amounts as may be collected by the Servicer from the related Mortgagor or otherwise relating to the Mortgage Loan, it being understood that, in the case of any such reimbursement, the Servicer’s right thereto shall be prior to the rights of the Purchaser unless the Seller is required to repurchase a Mortgage Loan pursuant to Subsection 7.03, or Servicer is required to pay the Prepayment Interest Shortfall pursuant to Subsection 11.15, in which case the Servicer’s right to such reimbursement shall be subsequent to the payment to the Purchaser of the related Repurchase Price pursuant to Subsection 7.03, and all other amounts required to be paid to the Purchaser with respect to such Mortgage Loan;

 

(d)                           to reimburse itself for unreimbursed Servicing Advances and for unreimbursed P&I Advances, to the extent that such amounts are nonrecoverable (as certified by the Servicer to the Purchaser in an Officer’s Certificate) by the Servicer pursuant to subclause (b) or (c) above, provided that the Mortgage Loan for which such advances were made is not required to repurchased by the Seller pursuant to Subsection 7.03;

 

(e)                           to reimburse itself for P&I Advances and Servicing Advances that were added to the outstanding principal balance of a Mortgage Loan in connection with a modification of such Mortgage Loan to capitalize arrearages; provided, that the Servicer shall be entitled to be reimbursed for these amounts only from the principal collections on the Mortgage Loans;

 

(f)                           to reimburse itself for expenses incurred by and reimbursable to it pursuant to Subsection 12.01;

 

(g)                           to withdraw amounts to make P&I Advances in accordance with Subsection 11.17;

  

41

  

 

(h)                           to pay to itself any interest earned or any investment earnings on funds deposited in the Custodial Account, net of any losses on such investments;

 

(i)                            to withdraw any amounts inadvertently deposited in the Custodial Account; and

 

(j)                            to clear and terminate the Custodial Account upon the termination of this Agreement.

 

Upon request, the Servicer will provide the Purchaser with copies of reasonably acceptable invoices or other documentation relating to Servicing Advances that have been reimbursed from the Custodial Account.

 

Subsection 11.06          Establishment of Escrow Account; Deposits in Escrow Account.

 

The Servicer shall segregate and hold all funds collected and received pursuant to each Mortgage Loan which constitute Escrow Payments separate and apart from any of its own funds and general assets and shall establish and maintain one or more Escrow Accounts (collectively, the “Escrow Account”), titled “[name of Servicer], in trust for DLJ Mortgage Capital, Inc. as Purchaser of Mortgage Loans and various Mortgagors.”  The Escrow Account shall be an Eligible Account established with a commercial bank, a savings bank or a savings and loan association (which may be a depository affiliate of Servicer), which meets the guidelines set forth by Fannie Mae or Freddie Mac as an eligible institution for escrow accounts.  The Escrow Account shall not be transferred to another depository institution without the Purchaser’s approval, which shall not unreasonably be withheld.  In any case, the Escrow Account shall be insured by the FDIC in a manner which shall provide maximum available insurance thereunder and which may be drawn on by the Servicer.

 

The Servicer shall deposit in the Escrow Account on a daily basis, and retain therein: (a) all Escrow Payments collected on account of the Mortgage Loans, for the purpose of effecting timely payment of any such items as required under the terms of this Agreement and (b) all amounts representing proceeds of any hazard insurance policy which are to be applied to the restoration or repair of any Mortgaged Property.  The Servicer shall make withdrawals therefrom only in accordance with Subsection 11.07 hereof.  As part of its servicing duties, the Servicer shall pay to the Mortgagors interest on funds in the Escrow Account, to the extent required by law.

 

Subsection 11.07          Withdrawals From Escrow Account.

 

Withdrawals from the Escrow Account shall be made by the Servicer only (a) to effect timely payments of ground rents, taxes, assessments, premiums for Primary Mortgage Insurance Policies, fire and hazard insurance premiums or other items constituting Escrow Payments for the related Mortgage, (b) to reimburse the Servicer for any Servicing Advance made by Servicer pursuant to Subsection 11.08 hereof with respect to a related Mortgage Loan, (c) to refund to any Mortgagor any funds found to be in excess of the amounts required under the terms of the related Mortgage Loan, (d) for transfer to the Custodial Account upon default of a Mortgagor or in accordance with the terms of the related Mortgage Loan and if permitted by applicable law, (e) for application to restore or repair of the Mortgaged Property, (f) to pay to the Mortgagor, to the extent required by law, any interest paid on the funds deposited in the Escrow Account, (g) to pay to itself any interest earned on funds deposited in the Escrow Account (and not required to be paid to the Mortgagor), (h) to the extent permitted under the terms of the related Mortgage Note and applicable law, to pay late fees with respect to any Monthly Payment which is received after the applicable grace period, (i) to withdraw suspense payments that are deposited into the Escrow Account, (j) to withdraw any amounts inadvertently deposited in the Escrow Account or (k) to clear and terminate the Escrow Account upon the termination of this Agreement.

  

42

  

 

Subsection 11.08          Payment of Taxes, Insurance and Other Charges; Collections Thereunder.

 

With respect to each Mortgage Loan, the Servicer shall maintain accurate records reflecting the status of ground rents, taxes, assessments and other charges which are or may become a lien upon the Mortgaged Property and the status of premiums for Primary Mortgage Insurance Policies and fire and hazard insurance coverage and shall obtain, from time to time, all bills for the payment of such charges (including renewal premiums) and shall effect payment thereof prior to the applicable penalty or termination date and at a time appropriate for securing maximum discounts allowable, employing for such purpose deposits of the Mortgagor in the Escrow Account which shall have been estimated and accumulated by the Servicer in amounts sufficient for such purposes, as allowed under the terms of the Mortgage.  To the extent that a Mortgage does not provide for Escrow Payments, the Servicer shall determine that any such payments are made by the Mortgagor.  The Servicer assumes full responsibility for the timely payment of all such bills and shall effect timely payments of all such bills irrespective of each Mortgagor’s faithful performance in the payment of same or the making of the Escrow Payments and shall make Servicing Advances to effect such payments, subject to its ability to recover such Servicing Advances pursuant to Subsections 11.05(c), 11.05(d) and 11.07(b).  No costs incurred by the Servicer or subservicers in effecting the payment of ground rents, taxes, assessments and other charges on the Mortgaged Properties or mortgage or hazard insurance premiums shall, for the purpose of calculating remittances to the Purchaser, be added to the amount owing under the related Mortgage Loans, notwithstanding that the terms of such Mortgage Loans so permit.

 

Subsection 11.09          Transfer of Accounts.

 

The Servicer may transfer the Custodial Account or the Escrow Account to an Eligible Account at a different depository institution.  Such transfer shall be made only upon providing written notice to the Purchaser.

  

43

  

 

Subsection 11.10          Maintenance of Hazard Insurance.

 

The Servicer shall cause to be maintained for each Mortgage Loan fire and hazard insurance with extended coverage customary in the area where the Mortgaged Property is located by an insurer acceptable to Fannie Mae or Freddie Mac and FHA or VA, as applicable, in an amount which is at least equal to the lesser of (a) the full insurable value of the Mortgaged Property or (b) the greater of (i) the outstanding principal balance owing on the Mortgage Loan and (ii) an amount such that the proceeds of such insurance shall be sufficient to avoid the application to the Mortgagor or loss payee of any coinsurance clause under the policy.  If the Mortgaged Property is in an area identified in the Federal Register by the Federal Emergency Management Agency as a special flood hazard area (and such flood insurance has been made available) the Servicer will cause to be maintained a flood insurance policy meeting the requirements of the National Flood Insurance Program, in an amount representing coverage not less than the lesser of (A) the minimum amount required under the terms of the coverage to compensate for any damage or loss to the Mortgaged Property on a replacement-cost basis (or the outstanding principal balance of the Mortgage Loan if replacement-cost basis is not available) or (B) the maximum amount of insurance available under the National Flood Insurance Program.  The Servicer shall also maintain on REO Property fire and hazard insurance with extended coverage in an amount which is at least equal to the maximum insurable value of the improvements which are a part of such property, liability insurance and, to the extent required and available under the National Flood Insurance Program, flood insurance in an amount required above.  Any amounts collected by the Servicer under any such policies (other than amounts to be deposited in the Escrow Account and applied to the restoration or repair of the property subject to the related Mortgage or property acquired in liquidation of the Mortgage Loan, or to be released to the Mortgagor in accordance with Customary Servicing Procedures) shall be deposited in the Custodial Account, subject to withdrawal pursuant to Subsection 11.05.  It is understood and agreed that no earthquake or other additional insurance need be required by the Servicer of any Mortgagor or maintained on REO Property other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance.  All policies required hereunder shall be endorsed with standard mortgagee clauses with loss payable to Servicer, and shall provide for at least thirty (30) days prior written notice of any cancellation, reduction in amount or material change in coverage to the Servicer.  The Servicer shall not interfere with the Mortgagor’s freedom of choice in selecting either its insurance carrier or agent; provided, however, that the Servicer shall not accept any such insurance policies from insurance companies unless such companies are acceptable to Fannie Mae or Freddie Mac and FHA or VA, as applicable, and are licensed to do business in the state wherein the property subject to the policy is located.

 

The hazard insurance policies for each Mortgage Loan secured by a unit in a condominium development or planned unit development shall be maintained with respect to such Mortgage Loan and the related development in a manner which is consistent with Fannie Mae or Freddie Mac requirements and FHA or VA requirements, as applicable.

 

Subsection 11.11          Maintenance of Primary Mortgage Insurance Policy; Claims.

 

With respect to each Mortgage Loan with a LTV in excess of 80%, the Servicer shall promptly, without any cost to the Purchaser, maintain or cause the Mortgagor to maintain in full force and effect a Primary Mortgage Insurance Policy issued by a Qualified Insurer insuring the portion over 78% (or such other  percentage in conformance with then current Fannie Mae requirements) until terminated pursuant to the Homeowners Protection Act of 1988, 12 USC § 4901, et seq. or any other applicable federal, state or local law or regulation.  In the event that such Primary Mortgage Insurance Policy shall be terminated other than as required by law, the Servicer shall obtain from another Qualified Insurer a comparable replacement policy, with a total coverage equal to the remaining coverage of such terminated Primary Mortgage Insurance Policy.  If the insurer shall cease to be a Qualified Insurer, the Servicer shall obtain from another Qualified Insurer a replacement Primary Mortgage Insurance Policy.  The Servicer shall not take any action which would result in noncoverage under any applicable Primary Mortgage Insurance Policy of any loss which, but for the actions of the Servicer would have been covered thereunder.  In connection with any assumption or substitution agreement entered into or to be entered into pursuant to Subsection 11.18, the Servicer shall promptly notify the insurer under the related Primary Mortgage Insurance Policy, if any, of such assumption or substitution of liability in accordance with the terms of such Primary Mortgage Insurance Policy and shall take all actions which may be required by such insurer as a condition to the continuation of coverage under such Primary Mortgage Insurance Policy. If such Primary Mortgage Insurance Policy is terminated as a result of such assumption or substitution of liability, the Servicer shall obtain a replacement Primary Mortgage Insurance Policy as provided above.

  

44

  

 

In connection with its activities as servicer, the Servicer agrees to prepare and present or to assist the Purchaser in preparing and presenting, on behalf of itself and the Purchaser, claims to the insurer under any Primary Mortgage Insurance Policy in a timely fashion in accordance with the terms of such Primary Mortgage Insurance Policy and, in this regard, to take such action as shall be necessary to permit recovery under any Primary Mortgage Insurance Policy respecting a defaulted Mortgage Loan.  Pursuant to Subsection 11.04, any amounts collected by the Servicer under any Primary Mortgage Insurance Policy shall be deposited in the Custodial Account, subject to withdrawal pursuant to Subsection 11.05.

 

Subsection 11.12          Fidelity Bond; Errors and Omissions Insurance.

 

The Servicer shall maintain, at its own expense, a blanket Fidelity Bond and an errors and omissions insurance policy, with broad coverage on all officers, employees or other persons acting in any capacity requiring such persons to handle funds, money, documents or papers relating to the Mortgage Loans.  These policies must insure the Servicer against losses resulting from fraud, theft, errors, omissions, negligence, dishonest or fraudulent acts committed by the Servicer’s personnel, any employees of outside firms that provide data processing services for the Servicer, and temporary contract employees or student interns.  The Fidelity Bond shall also protect and insure the Servicer against losses in connection with the release or satisfaction of a Mortgage Loan without having obtained payment in full of the indebtedness secured thereby.  No provision of this Subsection 11.12 requiring such Fidelity Bond and errors and omissions insurance shall diminish or relieve the Servicer from its duties and obligations as set forth in this Agreement.  The minimum coverage under any such Fidelity Bond and insurance policy shall be at least equal to the corresponding amounts required by FHA or VA, Fannie Mae in the Fannie Mae Guides or by Freddie Mac in the Freddie Mac Guide, as amended or restated from time to time, as applicable, or in an amount as may be permitted to the Servicer by express waiver of FHA or VA and Fannie Mae or Freddie Mac, as applicable.  Upon request of the Purchaser, the Servicer shall cause to be delivered to the Purchaser a certified true copy of such Fidelity Bond or a certificate evidencing the same with a statement that the Servicer shall endeavor to provide written notice to the Purchaser thirty (30) days prior to modification or any material change.

 

Subsection 11.13          Title, Management and Disposition of REO Property.

 

Subject to Subsection 11.02, in the event that title to the Mortgaged Property is acquired in foreclosure or by deed in lieu of foreclosure, the deed or certificate of sale shall be taken in the name of the Purchaser or its nominee.

 

The Servicer shall cause to be deposited on a daily basis in the Custodial Account all revenues received with respect to the conservation of the related REO Property. The Servicer shall make distributions as required on each Remittance Date to the Purchaser of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described above and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

  

45

  

 

The disposition of REO Property shall be carried out by the Servicer, subject to Subsection 11.01.  The Purchaser shall pay the Servicer a fee equal to the lesser of (i) $1,200 and (ii) 1.5% of the sales price for such REO Property for services associated with managing the REO Property through its disposition. In addition, the Servicer shall receive the reimbursement for the Servicer’s costs from REO Disposition Proceeds as described in the next paragraph.  Upon the request of the Purchaser, and at the Purchaser’s expense, the Servicer shall cause an appraisal of the REO Property to be performed for the Purchaser.

 

The Servicer shall either itself or through an agent selected by the Servicer, manage, conserve, protect and operate the REO Property in the same manner that it manages, conserves, protects and operates other foreclosed property for its own account, and in the same manner that similar property in the same locality as the REO Property is managed.  The Servicer shall deduct the costs of managing, conserving, protecting and operating the REO Property from the proceeds of the sale of the REO Property (providing documentary evidence of such costs) and shall not withdraw funds to cover such costs from the Custodial Account.

 

The Servicer shall not accept any sale offer for an REO Property that is more than 10% below the Reconciled Market Value of the REO Property without the prior written consent of the Purchaser.

 

Subsection 11.14          Servicing Compensation.

 

As compensation for its services hereunder and subject to Subsection 11.15, the Servicer shall be entitled to retain the Servicing Fee from interest payments actually collected on the Mortgage Loans.  Additional servicing compensation in the form of assumption fees, late payment charges, Prepayment Penalties, fees related to the disposition of REO Property and other ancillary income shall be retained by the Servicer to the extent not required to be deposited in the Custodial Account.  The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder and shall not be entitled to reimbursement therefor except as specifically provided for herein.  The Servicing Fee shall not be reduced by the amount of any guarantee fee payable to FHA or VA.

 

Subsection 11.15          Distributions.

 

On each Remittance Date the Servicer shall remit by wire transfer of immediately available funds to the account designated in writing by the Purchaser of record on the preceding Record Date (a) all amounts credited to the Custodial Account at the close of business on the related Determination Date, net of charges against or withdrawals from the Custodial Account pursuant to Subsection 11.05(b) through (h), plus (b) all amounts, if any, which the Servicer is obligated to distribute pursuant to Subsection 11.17, minus (c) any amounts attributable to Principal Prepayments received after the end of the calendar month preceding the month in which the Remittance Date occurs, minus (d) any amounts attributable to Monthly Payments collected but due on a Due Date or Due Dates subsequent to the first day of the month in which the Remittance Date occurs.

 

Not later than each Remittance Date, the Servicer shall from its own funds deposit in the Custodial Account an amount equal to the aggregate Prepayment Interest Shortfall due to either Partial Prepayment or Full Prepayment, if any, existing in respect of the related Principal Prepayment Period.

  

46

  

 

With respect to any remittance received by the Purchaser after the Business Day on which such payment was due, the Servicer shall pay to the Purchaser interest on any such late payment at an annual rate equal to the overnight federal funds effective rate, but in no event greater than the maximum amount permitted by applicable law.  Such interest shall be paid by the Servicer to the Purchaser on the date such late payment is made and shall cover the period commencing with the Business Day on which such payment was due and ending with the Business Day immediately preceding the Business Day on which such payment is made, both inclusive.  The payment by the Servicer of any such interest shall not be deemed an extension of time for payment or a waiver of any Event of Default by the Servicer.

 

Subsection 11.16          Statements to the Purchaser.

 

Not later than five (5) days prior to each related Remittance Date, the Servicer shall forward to the Purchaser in an electronic format a statement, containing data elements to be mutually agreed upon by the parties and substantially similar to those set forth in the form of Exhibit 5, setting forth, among other information specified in Exhibit 5, on a loan-by-loan basis:  (a) the amount of the distribution made on such Remittance Date which is allocable to principal and allocable to interest; (b) the amount of servicing compensation received by the Servicer during the prior calendar month; and (c) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the preceding month.  Such statement shall also include information regarding delinquencies on Mortgage Loans, indicating the number and aggregate principal amount of Mortgage Loans which are either one (1), two (2) or three (3) or more months delinquent.  The Servicer shall submit to the Purchaser monthly a liquidation report with respect to each Mortgaged Property sold in a foreclosure sale as of the related Record Date and not previously reported.  Such liquidation report shall be incorporated into the remittance report delivered to Purchaser in the form of Exhibit 5 hereto.  The Servicer shall also provide such information as set forth above to the Purchaser in electronic form in the Servicer’s standard format, a copy of which has been provided by the Servicer.

 

In addition, the Servicer shall submit to the Purchaser monthly loan-by-loan default information including, without limitation, notes made and retained by the Servicer in connection with servicing the defaulted loan, the reasons for the default, updated values of the Mortgaged Property, updated FICO scores on the Mortgagor and information regarding Servicing Advances made.

 

The Servicer shall prepare and file any and all tax returns, information statements or other filings required to be delivered to any governmental taxing authority, the Mortgagor or to the Purchaser pursuant to any applicable law with respect to the Mortgage Loans and the transactions contemplated hereby.  In addition, the Servicer shall provide the Purchaser with such information concerning the Mortgage Loans as is necessary for such Purchaser to prepare federal income tax returns as the Purchaser may reasonably request from time to time.

  

47

  

 

Subsection 11.17          Advances by the Servicer.

 

On the Business Day immediately preceding each related Remittance Date, the Servicer shall either (a) deposit in the Custodial Account from its own funds an amount equal to the aggregate amount of all Monthly Payments (with interest adjusted to the Mortgage Loan Remittance Rate) which were due on the Mortgage Loans during the applicable Due Period and which were delinquent at the close of business on the immediately preceding Determination Date (each such advance, a “P&I Advance”), (b) cause to be made an appropriate entry in the records of the Custodial Account that amounts held for future distribution have been, as permitted by this Subsection 11.17, used by the Servicer in discharge of any such P&I Advance or (c) make P&I Advances in the form of any combination of (a) or (b) aggregating the total amount of advances to be made.  Any amounts held for future distribution and so used shall be replaced by the Servicer by deposit in the Custodial Account on or before any future Remittance Date if funds in the Custodial Account on such Remittance Date shall be less than payments to the Purchaser required to be made on such Remittance Date.  The Servicer’s obligation to make P&I Advances as to any Mortgage Loan will continue through the last Monthly Payment due prior to the payment in full of a Mortgage Loan, or through the last related Remittance Date prior to the Remittance Date for the distribution of all other payments or recoveries (including proceeds under any title, hazard or other insurance policy, or condemnation awards) with respect to a Mortgage Loan; provided, however, that such obligation shall cease if the Servicer, in its good faith judgment, determines that such P&I Advances would not be recoverable pursuant to Subsection 11.05(d).  The reasonable determination by the Servicer that a P&I Advance, if made, would be nonrecoverable, shall be evidenced by an Officer’s Certificate of the Servicer, delivered to the Purchaser, which details the reasons for such determination.  The Servicer shall not have any obligation to advance amounts in respect of shortfalls relating to the Servicemembers Civil Relief Act and similar state and local laws.

 

Subsection 11.18          Assumption Agreements.

 

The Servicer will use its best efforts to enforce any “due-on-sale” provision contained in any Mortgage or Mortgage Note; provided that, subject to the Purchaser’s prior approval, the Servicer shall permit such assumption if so required in accordance with the terms of the Mortgage or the Mortgage Note.  When the Mortgaged Property has been conveyed by the Mortgagor prior to payment in full of the Mortgage Loan, the Servicer will, to the extent it has knowledge of such conveyance, exercise its rights to accelerate the maturity of such Mortgage Loan under the “due-on-sale” clause applicable thereto; provided, however, the Servicer will not exercise such rights if prohibited by law from doing so or if the exercise of such rights would impair or threaten to impair any recovery under the related Primary Mortgage Insurance Policy, if any.  In connection with any such assumption, the outstanding principal amount, the Monthly Payment, the Mortgage Interest Rate, the Lifetime Rate Cap (if applicable), the Gross Margin (if applicable), the Initial Rate Cap (if applicable) or the Periodic Rate Cap (if applicable) of the related Mortgage Note shall not be changed, and the term of the Mortgage Loan will not be increased or decreased.  If an assumption is allowed pursuant to this Subsection 11.18, the Servicer with the prior consent of the issuer of the Primary Mortgage Insurance Policy, if any, is authorized to enter into a substitution of liability agreement with the purchaser of the Mortgaged Property pursuant to which the original Mortgagor is released from liability and the purchaser of the Mortgaged Property is substituted as Mortgagor and becomes liable under the Mortgage Note.

  

48

  

 

Subsection 11.19          Satisfaction of Mortgages and Release of Mortgage Files.

 

Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer will obtain the portion of the Mortgage File that is in the possession of the Purchaser or its designee, prepare and process any required satisfaction or release of the Mortgage and notify the Purchaser in accordance with the provisions of this Agreement.  The Purchaser agrees to deliver to the Servicer (or cause to be delivered to the Servicer) the original Mortgage Note for any Mortgage Loan not later than five (5) Business Days following its receipt of a notice from the Servicer that such a payment in full has been received or that a notification has been received that such a payment in full shall be made. Such Mortgage Note shall be held by the Servicer, in trust, for the purpose of canceling such Mortgage Note and delivering the canceled Mortgage Note to the Mortgagor in a timely manner as and to the extent provided under any applicable federal or state law.

 

In the event the Servicer grants a satisfaction or release of a Mortgage without having obtained payment in full of the indebtedness secured by the Mortgage, the Servicer shall remit to the Purchaser the Stated Principal Balance of the related Mortgage Loan by deposit thereof in the Custodial Account.  The Fidelity Bond shall insure the Servicer against any loss it may sustain with respect to any Mortgage Loan not satisfied in accordance with the procedures set forth herein.

 

Subsection 11.20          Seller and Servicer Shall Provide Access and Information as Reasonably Required.

 

The Seller and the Servicer shall provide to the Purchaser access to any documentation regarding the Mortgage Loans which may be required by applicable regulations.  Such access shall be afforded without charge, but only upon reasonable request, during normal business hours and at the offices of the Servicer.

 

In addition, the Seller and the Servicer shall furnish upon request by the Purchaser, during the term of this Agreement, such periodic, special or other reports or information, whether or not provided for herein, as shall be necessary, reasonable and appropriate with respect to the purposes of this Agreement and applicable regulations.  All such reports or information shall be provided by and in accordance with all reasonable instructions and directions the Purchaser may require.  The Seller and the Servicer each agree to execute and deliver all such instruments and take all such action as the Purchaser, from time to time, may reasonably request in order to effectuate the purposes and to carry out the terms of this Agreement.

 

Subsection 11.21          Inspections.

 

The Servicer shall inspect the Mortgaged Property as often deemed necessary by the Servicer to assure itself that the value of the Mortgaged Property is being preserved.  In addition, if any Mortgage Loan is more than forty-five (45) days delinquent, the Servicer shall inspect the Mortgaged Property and shall conduct subsequent inspections in accordance with Customary Servicing Procedures or as may be required by the primary mortgage guaranty insurer.  The Servicer shall keep written report of each such inspection and shall provide a copy of such inspection to the Purchaser upon the request of the Purchaser.

  

49

  

 

Subsection 11.22          Restoration of Mortgaged Property.

 

The Servicer need not obtain the approval of the Purchaser prior to releasing any Insurance Proceeds or Condemnation Proceeds to the Mortgagor to be applied to the restoration or repair of the Mortgaged Property if such release is in accordance with Customary Servicing Procedures.  For claims greater than $15,000, at a minimum, the Servicer shall comply with the following conditions in connection with any such release of Insurance Proceeds or Condemnation Proceeds:

 

(a)                           the Servicer shall receive satisfactory independent verification of completion of repairs and issuance of any required approvals with respect thereto;

 

(b)                           the Servicer shall take all steps necessary to preserve the priority of the lien of the Mortgage, including, but not limited to requiring waivers with respect to mechanics’ and materialmen’s liens;

 

(c)                           the Servicer shall verify that the Mortgage Loan is not in default; and

 

(d)                           pending repairs or restoration, the Servicer shall place the Insurance Proceeds or Condemnation Proceeds in the Escrow Account.

 

If the Purchaser is named as an additional loss payee, the Servicer is hereby empowered to endorse any loss draft issued in respect of such a claim in the name of the Purchaser.

 

Subsection 11.23          Fair Credit Reporting Act.

 

With respect to each Mortgage Loan which has been (or becomes) delinquent 30 days or more at least once since origination, the Servicer has fully and accurately furnished complete information (i.e., favorable and unfavorable) on the related Mortgagor credit files to Equifax, Experian and Trans Union Credit Information Company, in accordance with the Fair Credit Reporting Act and its implementing regulations, on a monthly basis and, for each Mortgage Loan, the Servicer will furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information on its Mortgagor credit files to Equifax, Experian and Trans Union Credit Information Company, on a monthly basis.

 

SECTION 12.       The Servicer.

 

Subsection 12.01          Indemnification; Third Party Claims.

 

(a)                           The Seller and the Servicer, as applicable, agrees to indemnify and hold harmless the Purchaser, its directors, officers, agents, employees and assignees from and against any and all claims, losses, penalties, fines, forfeitures, legal fees and related costs, judgments, and any other costs, fees and expenses that any such Person may sustain in any way related to (i) a breach by the Seller or the Servicer, as the case may be, of any of its representations and warranties contained in Section contained in Section 7 or (ii) a breach by Seller or Servicer, as the case may be, of any of its covenants and other obligations contained herein including, in the case of the Servicer, any failure of the Servicer to service the Mortgage Loans in compliance with the terms of this Agreement.

  

50

  

(b)                           The Seller or the Servicer, as the case may be, shall immediately (i) notify the Purchaser if a claim is made by a third party with respect to this Agreement or the Mortgage Loans, (ii) assume (with the written consent of the Purchaser) the defense of any such claim and pay all expenses in connection therewith, including counsel fees and (iii) promptly pay, discharge and satisfy any judgment, award, or decree that may be entered against it or the Purchaser in respect of such claim.  Nothing contained herein shall prohibit the Purchaser, at its expense, from retaining its own counsel to assist in any such proceedings or to observe such proceedings; provided that neither the Seller nor the Servicer shall be obligated to pay or comply with any settlement to which it has not consented.  If the Seller or the Servicer has assumed the defense of the Purchaser, the Servicer shall provide the Purchaser with a written report of all expenses and advances incurred by the Servicer pursuant to this Subsection 12.01 and the Purchaser shall promptly reimburse the Servicer for all amounts advanced by it pursuant to the preceding sentence except when the claim in any way relates to (1) the Servicer’s failure to service the Mortgage Loans in compliance with the terms hereof or (2) a breach by Seller or Servicer, as the case may be, of any of its representations and warranties contained in Section 7.

 

Subsection 12.02          Merger or Consolidation of the Servicer.

 

(a)                           The Servicer will keep in full effect its existence, rights and franchises as a national banking association, and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement or any of the Mortgage Loans and to perform its duties under this Agreement.

 

(b)                           Any Person into which the Servicer may be merged or consolidated, or any entity resulting from any merger, conversion or consolidation to which the Servicer shall be a party, or any Person succeeding to substantially all of the business of the Servicer (whether or not related to loan servicing), shall be the successor of the Servicer hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided that, unless otherwise consented to by the Purchaser, the successor or surviving Person, in the case of a merger or consolidation, etc. of the Servicer, shall be an institution (i) having a GAAP net worth of not less than $15,000,000, (ii) the deposits of which are insured by the FDIC, SAIF and/or BIF, or which is a HUD-approved mortgagee whose primary business is in origination and servicing of first lien mortgage loans, and (iii) who is a Fannie Mae or Freddie Mac approved seller/servicer in good standing or who plans to use the existing status of the Servicer as a Fannie Mae or Freddie Mac approved seller/servicer in good standing.  Notwithstanding the foregoing, if the successor or surviving Person is an institution with a GAAP net worth of less than $15,000,000, then the Purchaser may, in its sole discretion, waive such minimum GAAP net worth requirement.

  

51

  

Subsection 12.03      Limitation on Liability of the Servicer and Others.

 

The duties and obligations of the Servicer shall be determined solely by the express provisions of this Agreement, the Servicer shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement and no implied covenants or obligations shall be read into this Agreement against the Servicer.  Neither the Servicer nor any of the directors, officers, employees or agents of the Servicer shall be under any liability to the Purchaser for any action taken or for refraining from the taking of any action in accordance with Customary Servicing Procedures and otherwise in good faith pursuant to this Agreement or for errors in judgment; provided, however, that this provision shall not protect the Servicer against any liability resulting from any breach of any representation or warranty made herein, or from any liability specifically imposed on the Servicer herein; and, provided further, that this provision shall not protect the Servicer against any liability that would otherwise be imposed by reason of the willful misfeasance, bad faith or gross negligence in the performance of duties or by reason of reckless disregard of the obligations or duties hereunder.  The Servicer and any director, officer, employee or agent of the Servicer may rely on any document of any kind which it in good faith reasonably believes to be genuine and to have been adopted or signed by the proper authorities respecting any matters arising hereunder.  Subject to the terms of Subsection 12.01, the Servicer shall have no obligation to appear with respect to, prosecute or defend any legal action which is not incidental to the Servicer’s duty to service the Mortgage Loans in accordance with this Agreement.

 

Subsection 12.04      Seller and Servicer Not to Assign or Resign.

 

Neither the Seller nor the Servicer shall assign this Agreement or resign from the obligations and duties hereby imposed on it except by mutual consent of the Servicer or the Seller, as the case may be, and the Purchaser or, in the case of the Servicer, upon the determination that the Servicer’s duties hereunder are no longer permissible under applicable law and such incapacity cannot be cured by the Servicer.  Any such determination permitting the unilateral resignation of the Servicer shall be evidenced by an Opinion of Counsel to such effect delivered to the Purchaser, which Opinion of Counsel shall be in form and substance acceptable to the Purchaser.  No such resignation of or assignment by the Servicer shall become effective until a successor has assumed the Servicer’s responsibilities and obligations hereunder in accordance with Subsection 14.02.

 

SECTION 13. Default.

 

Subsection 13.01      Events of Default.

 

In case one or more of the following Events of Default shall occur and be continuing:

 

(a)                           any failure by the Servicer to remit to the Purchaser any payment required to be made under the terms of this Agreement which continues unremedied for a period of two (2) Business Days after the date upon which notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Purchaser;

 

(b)                           failure by the Servicer to duly observe or perform, in any material respect, any other covenant, obligation or agreement of the Servicer as set forth in this Agreement, which failure continues unremedied for a period of thirty (30) days after the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Purchaser;

 

(c)                           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, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, shall have been entered against the Servicer and such decree or order shall have remained in force, undischarged or unstayed for a period of sixty (60) days;

 

(d)                           the Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, bankruptcy, readjustment of debt, marshalling of assets and liabilities or similar proceedings of or relating to the Servicer or relating to all or substantially all of the Servicer’s property;

  

52

  

 

(e)                          the Servicer shall (i) admit in writing its inability to pay its debts as they become due, (ii) admit in writing its inability to, or intention not to, perform any of its material obligations, (iv) file a petition to take advantage of any applicable insolvency or reorganization statute, (v) make an assignment for the benefit of its creditors, or (vi) voluntarily suspend payment of its obligations;

 

(f)                           the Servicer shall cease to be (i) licensed to service residential mortgage loans in each jurisdiction in which a Mortgaged Property is located and such licensing is required, or (ii) qualified to do business under the laws of any state in which a Mortgaged Property is located, but, in each case, only to the extent such non-licensure or non-qualification materially and adversely the enforceability of each Mortgage Loan or the Servicer’s ability to perform its obligations under this Agreement;

 

(g)                          the Servicer shall fail to meet the servicer eligibility qualifications of Fannie Mae or the Servicer shall fail to meet the servicer eligibility qualifications of Freddie Mac;

 

(h)                          the Servicer, if it is also the Seller, shall fail to repurchase a Mortgage Loan within 30 days of the final decision of an Arbitrator that the Seller is obligated to repurchase such Mortgage Loan;

 

(i)                           S&P, Fitch or, if applicable, Moody’s, lowers the Servicer’s servicer rating to “below average”, “RPS4” or “SQ4”, respectively, or (ii) S&P, Fitch or Moody’s reduces or withdraws the rating of any of the certificates issued by a securitization trust that owns any of the Mortgage Loans due to a specific event directly attributable to the Servicer or the Subservicer;

 

(j)                           the Seller or the Servicer shall fail to deliver the information when and as required under Section 2 of the Regulation AB Compliance Addendum attached hereto in connection with a Securitization Transaction, which failure is not remedied within the cure periods described therein;

 

(k)                          the Servicer’s audited annual financial statements or the notes thereto or other opinions or conclusions stated therein shall be qualified or limited by reference to the status of the Servicer as a “going concern” or shall indicate that the Servicer has a negative net worth or is insolvent; or

 

then, and in each and every such case, so long as an Event of Default shall not have been remedied, the Purchaser, by notice in writing to the Servicer, may, in addition to whatever rights the Purchaser may have at law or equity to damages, including injunctive relief and specific performance, commence termination of all the rights and obligations of the Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof.  Upon receipt by the Servicer of such written notice from the Purchaser stating that it intends to terminate the Servicer as a result of such Event of Default, all authority and power of the Servicer under this Agreement, including any compensation due the Servicer under this Agreement on and after the effective date of termination, whether with respect to the Mortgage Loans or otherwise, shall pass to and be vested in the successor appointed pursuant to Subsection 14.02.  Upon written request from the Purchaser, the Servicer shall prepare, execute and deliver to a successor any and all documents and other instruments, place in such successor’s possession all Mortgage Files and do or cause to be done all other acts or things necessary or appropriate to effect the purposes of such notice of termination, including, but not limited to, the transfer and endorsement or assignment of the Mortgage Loans and related documents to the successor at the Servicer’s sole expense.  The Servicer agrees to cooperate with the Purchaser and such successor in effecting the termination of the Servicer’s responsibilities and rights hereunder, including, without limitation, the transfer to such successor for administration by it of all amounts which shall at the time be credited by the Servicer to the Custodial Account or Escrow Account or thereafter received with respect to the Mortgage Loans.

  

53

  

 

Subsection 13.02      Waiver of Default.

 

The Purchaser may waive any default by the Servicer in the performance of its obligations hereunder and its consequences.  Upon any waiver of a past default, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.  No such waiver shall extend to any subsequent or other default or impair any right consequent thereto except to the extent expressly so waived.

 

SECTION 14. Termination.

 

Subsection 14.01      Termination.

 

The respective obligations and responsibilities of the Servicer, as servicer, shall terminate upon (a) the distribution to the Purchaser of the final payment or liquidation with respect to the last Mortgage Loan (or advances of same by the Servicer) or (b) the disposition of all property acquired upon foreclosure or deed in lieu of foreclosure with respect to the last Mortgage Loan and the remittance of all funds due hereunder.  Upon written request from the Purchaser in connection with any such termination, the Servicer shall prepare, execute and deliver, any and all documents and other instruments, place in the Purchaser’s possession all Mortgage Files, and do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and related documents, or otherwise, at the Purchaser’s sole expense.  The Servicer agrees to cooperate with the Purchaser and such successor in effecting the termination of the Servicer’s responsibilities and rights hereunder as servicer, including, without limitation, the transfer to such successor for administration by it of all cash amounts which shall at the time be credited by the Servicer to the Custodial Account or Escrow Account or thereafter received with respect to the Mortgage Loans.  Servicing may not be terminated without cause.

  

54

  

 

Subsection 14.02      Successors to the Servicer.

 

Prior to the termination of the Servicer’s responsibilities and duties under this Agreement pursuant to Subsections 12.04, 13.01 or 14.01, the Purchaser shall, (a) succeed to and assume all of the Servicer’s responsibilities, rights, duties and obligations under this Agreement or (b) appoint a successor which shall succeed to all rights and assume all of the responsibilities, duties and liabilities of the Servicer under this Agreement upon such termination.  In connection with such appointment and assumption, the Purchaser may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree.  In the event that the Servicer’s duties, responsibilities and liabilities under this Agreement shall be terminated pursuant to the aforementioned Subsections, the Servicer shall discharge such duties and responsibilities during the period from the date it acquires knowledge of such termination until the effective date thereof with the same degree of diligence and prudence which it is obligated to exercise under this Agreement, and shall take no action whatsoever that might impair or prejudice the rights or financial condition of its successor.  The resignation or removal of the Servicer pursuant to the aforementioned Subsections shall not become effective until a successor shall be appointed pursuant to this Subsection and shall in no event relieve the Seller of the representations and warranties made pursuant to Subsections 7.01 and 7.02 and the remedies available to the Purchaser under Subsection 7.03, it being understood and agreed that the provisions of such Subsections 7.01 and 7.02 shall be applicable to the Seller notwithstanding any such resignation or termination of the Servicer, or the termination of this Agreement.

 

Any successor appointed as provided herein shall execute, acknowledge and deliver to the Servicer and to the Purchaser an instrument accepting such appointment, whereupon such successor shall become fully vested with all the rights, powers, duties, responsibilities, obligations and liabilities of the Servicer, with like effect as if originally named as a party to this Agreement.  Any termination or resignation of the Servicer or this Agreement pursuant to Subsections 12.04, 13.01 or 14.01 shall not affect any claims that the Purchaser may have against the Servicer based upon facts and circumstances arising prior to any such termination or resignation.

 

The Servicer shall promptly deliver to the successor the funds in the Custodial Account and Escrow Account and all Mortgage Files and related documents and statements held by it hereunder and the Servicer shall account for all funds and shall execute and deliver such instruments and do such other things as may reasonably be required to more fully and definitively vest in the successor all such rights, powers, duties, responsibilities, obligations and liabilities of the Servicer.

 

Upon a successor’s acceptance of appointment as such, the Servicer shall notify by mail the Purchaser of such appointment.

 

SECTION 15. Notices.

 

All demands, notices and communications hereunder shall be in writing and shall be deemed to have been duly given if mailed, by registered or certified mail, return receipt requested, or, if by other means, when received by the other party at the address as follows:

 

	 	
(a) 

	
if to the Purchaser:

 

DLJ Mortgage Capital, Inc.

Eleven Madison Avenue, 4th Floor

New York, NY 10010

Attention:  Peter J. Sack

  

55

  

With a copy to the General Counsel at the same address

 

	 	
(b) 

	
if to the Seller:

 

First Republic Bank

111 Pine Street

San Francisco, CA  94111

Attention: Tony Sachs

With a copy to the General Counsel at the same address

 

	 	
(c) 

	
if to the Servicer:

 

First Republic Bank

111 Pine Street

San Francisco, CA  94111

Attention: Tony Sachs

With a copy to the General Counsel at the same address

 

or such other address as may hereafter be furnished to the other party by like notice. Any such demand, notice or communication hereunder shall be deemed to have been received on the date delivered to or received at the premises of the addressee (as evidenced, in the case of registered or certified mail, by the date noted on the return receipt).

 

SECTION 16. Severability Clause.

 

Any part, provision, representation or warranty of this Agreement which is prohibited or which is held to be void or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof.  Any part, provision, representation or warranty of this Agreement which is prohibited or unenforceable or is held to be void or unenforceable in any jurisdiction shall be ineffective, as to such jurisdiction, to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction as to any Mortgage Loan shall not invalidate or render unenforceable such provision in any other jurisdiction.  To the extent permitted by applicable law, the parties hereto waive any provision of law which prohibits or renders void or unenforceable any provision hereof.  If the invalidity of any part, provision, representation or warranty of this Agreement shall deprive any party of the economic benefit intended to be conferred by this Agreement, the parties shall negotiate, in good-faith, to develop a structure the economic effect of which is nearly as possible the same as the economic effect of this Agreement without regard to such invalidity.

 

SECTION 17. No Partnership.

 

Nothing herein contained shall be deemed or construed to create a co-partnership or joint venture between the parties hereto and the services of the Servicer shall be rendered as an independent contractor and not as agent for the Purchaser.

 

SECTION 18. Counterparts.

 

This Agreement may be executed simultaneously in any number of counterparts.  Each counterpart shall be deemed to be an original, and all such counterparts shall constitute one and the same instrument.

  

56

  

 

SECTION 19. Governing Law; Choice of Forum; Waiver of Jury Trial.

 

EXCEPT TO THE EXTENT PREEMPTED BY FEDERAL LAW, THE AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAWS PROVISIONS OF NEW YORK (OTHER THAN SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW) OR ANY OTHER JURISDICTION.

 

EACH PARTY HERETO KNOWINGLY, INTENTIONALLY AND IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF IN ANY WAY RELATED TO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY.

 

Except as to those matters which this Agreement provides shall be submitted to Arbitration, with respect to any claim or action arising hereunder, the parties (a) irrevocably submit to the nonexclusive jurisdiction of the courts of the State of New York and the United States District Court located in New York, New York, and appellate courts from any thereof, and (b) irrevocably waive any objection which such party may have at any time to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement brought in any such court, and irrevocably waive any claim that any such suit action or proceeding brought in any such court has been brought in an inconvenient forum.

 

SECTION 20. Intention of the Parties.

 

It is the intention of the parties that the Purchaser is purchasing, and the Seller is selling, the Mortgage Loans and not a debt instrument of the Seller or another security.  Accordingly, the parties hereto each intend to treat the transaction for federal income tax purposes as a sale by the Seller, and a purchase by the Purchaser, of the Mortgage Loans.  The Purchaser shall have the right to review the Mortgage Loans and the related Mortgage Files to determine the characteristics of the Mortgage Loans which shall affect the federal income tax consequences of owning the Mortgage Loans and the Seller shall cooperate with all reasonable requests made by the Purchaser in the course of such review.

 

It is not the intention of the parties that such conveyances be deemed a pledge thereof.  However, in the event that, notwithstanding the intent of the parties, such assets are held to be the property of the Seller or if for any other reason this Agreement is held or deemed to create a security interest in either such assets, then (a) this Agreement shall be deemed to be a security agreement within the meaning of the Uniform Commercial Code of the State of New York and (b) the conveyances provided for in this Agreement shall be deemed to be an assignment and a grant by the Seller to the Purchaser of a security interest in all of the assets transferred, whether now owned or hereafter acquired.

 

SECTION 21. Waivers.

 

No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced.

  

57

  

 

SECTION 22. Exhibits.

 

The exhibits to this Agreement are hereby incorporated and made a part hereof and are an integral part of this Agreement.

 

SECTION 23. General Interpretive Principles.

 

For purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires:

 

(a)                           the terms defined in this Agreement have the meanings assigned to them in this Agreement and include the plural as well as the singular, and the use of any gender herein shall be deemed to include the other gender;

 

(b)                          accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally accepted accounting principles;

 

(c)                           references herein to “Articles,” “Sections,” “Subsections,” “Paragraphs” and other subdivisions without reference to a document are to designated Articles, Sections, Subsections, Paragraphs and other subdivisions of this Agreement;

 

(d)                           the headings of the various articles, sections, subsections and paragraphs of this Agreement and the table of contents are for convenience of reference only and shall not modify, define, expand or limit any of the terms or provisions hereof;

 

(e)                           reference to a Subsection without further reference to a Section is a reference to such Subsection as contained in the same Section in which the reference appears, and this rule shall also apply to Paragraphs and other subdivisions;

 

(f)                           the words “herein,” “hereof,” “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular provision; and

 

(g)                          the term “include” or “including” shall mean without limitation by reason of enumeration.

 

SECTION 24. Reproduction of Documents.

 

This Agreement and all documents relating thereto, including, without limitation (a) consents, waivers and modifications which may hereafter be executed, (b) documents received by any party at the closing and (c) financial statements, certificates and other information previously or hereafter furnished, may be reproduced by any photographic, photostatic, microfilm, micro-card, miniature photographic or other similar process. The parties hereto agree that any such reproduction shall be admissible in evidence as the original itself in any judicial or administrative proceeding, whether or not the original is in existence and whether or not such reproduction was made by a party hereto in the regular course of business, and that any enlargement, facsimile or further reproduction of such reproduction shall likewise be admissible in evidence.

  

58

  

 

SECTION 25. Amendment.

 

This Agreement may be amended from time to time by the Purchaser, the Seller and the Servicer by written agreement signed by the parties hereto.

 

SECTION 26. Confidentiality.

 

Each of the Purchaser, the Seller and the Servicer shall employ proper procedures and standards designed to maintain the confidential nature of the terms of this Agreement, except to the extent (a) the disclosure of which is reasonably believed by such party to be required in connection with regulatory requirements or other legal requirements relating to its affairs; (b) disclosed to any one or more of such party’s employees, officers, directors, agents, attorneys or accountants who would have access to the contents of this Agreement and such data and information in the normal course of the performance of such person’s duties for such party, to the extent such party has procedures in effect to inform such person of the confidential nature thereof; (c) that is disclosed in a prospectus, prospectus supplement or private placement memorandum relating to a Securitization Transaction of the Mortgage Loans by the Purchaser (or an affiliate assignee thereof) or to any person in connection with the resale or proposed resale of all or a portion of the Mortgage Loans by such party in accordance with the terms of this Agreement; and (d) that is reasonably believed by such party to be necessary for the enforcement of such party’s rights under this Agreement.

 

SECTION 27. Entire Agreement.

 

This Agreement constitutes the entire agreement and understanding relating to the subject matter hereof between the parties hereto and any prior oral or written agreements between them shall be deemed to have merged herewith.

 

SECTION 28. Further Agreements.

 

The Seller, the Servicer and the Purchaser each agree to execute and deliver to the other such reasonable and appropriate additional documents, instruments or agreements as may be necessary or appropriate to effectuate the purposes of this Agreement.

 

SECTION 29. Successors and Assigns.

 

This Agreement shall bind and inure to the benefit of and be enforceable by the initial Purchaser, the Seller and the Servicer, and the respective successors and assigns of the Purchaser, the Seller and the Servicer.  The initial Purchaser and any subsequent purchasers may assign this Agreement to any Person to whom any Mortgage Loan is transferred pursuant to a sale or financing upon prior written notice to the Servicer in accordance with the following paragraph; provided, however, that the Servicer shall not be required to service the Mortgage Loans included in a single Mortgage Loan Package and described on the related PPTL for more than five (5) Persons for assignees of DLJ Mortgage Capital, Inc. or its respective affiliates at any time and shall not recognize any assignment of this Agreement to the extent that following such assignment more than such number of Persons would be purchasers hereunder.  As used herein, the trust formed in connection with a Securitization shall be deemed to constitute a single “Person.”  Upon any such assignment and written notice thereof to the Servicer, the Person to whom such assignment is made shall succeed to all rights and obligations of the Purchaser under this Agreement to the extent of the related Mortgage Loan or Mortgage Loans and this Agreement, to the extent of the related Mortgage Loan or Mortgage Loans, shall be deemed to be a separate and distinct agreement between the Servicer and such purchaser, and a separate and distinct agreement between the Servicer and each other purchaser to the extent of the other related Mortgage Loan or Mortgage Loans.  The Servicer hereby agrees to execute an Assignment, Assumption and Recognition Agreement substantially in the form of Exhibit 4 hereto and/or other Reconstitution Agreements, each containing  servicing provisions substantially similar to those herein and any additional terms and conditions agreed by the parties hereto.

  

59

  

 

At least five (5) Business Days prior to the end of the month preceding the date upon which the first remittance is to be made to an assignee of the Purchaser, the Purchaser shall provide to the Servicer written notice of any assignment setting forth:  (a) the Servicer’s applicable Mortgage Loan identifying number for each of the Mortgage Loans affected by such assignment; (b) the aggregate scheduled transfer balance of such Mortgage Loans; and (c) the full name, address and wiring instructions of the assignee and the name and telephone number of an individual representative for such assignee, to whom the Servicer should:  (i) send remittances; (ii) send any notices required by or provided for in this Agreement; and (iii) deliver any legal documents relating to the Mortgage Loans (including, but not limited to, contents of any Mortgage File obtained after the effective date of any assignment).

 

If the Purchaser has not provided the notice of assignment required by this Section 29, the Servicer shall not be required to treat any other Person as a “Purchaser” hereunder and may continue to treat the Purchaser which purports to assign the Agreement as the “Purchaser” for all purposes of this Agreement.

 

SECTION 30. Non-Solicitation.

 

Each of the Seller, the Servicer and the Purchaser and any of their respective affiliates hereby agrees that it shall not take any action to solicit the refinancing of any Mortgage Loan following the date hereof or provide information to any other entity to solicit the refinancing of any Mortgage Loan.  In addition, neither the Purchaser nor any of its agents, affiliates, or assignees shall solicit any Mortgagor for any other financial products or services.  The foregoing shall not preclude any party from engaging in solicitations to the general public by newspaper, radio, television or other media which are not directed toward the Mortgagors or from refinancing the Mortgage Loan of any Mortgagor who, without solicitation, contacts such party to request the refinancing of the related Mortgage Loan.

 

In addition, notwithstanding the foregoing, it is understood and agreed that the Seller, the Servicer or any of their respective affiliates:

 

(a)                           may advertise its availability for handling refinancings of mortgages in its portfolio, including the promotion of terms it has available for such refinancings, through the sending of letters or promotional material, so long as it does not specifically target Mortgagors and so long as such promotional material either is sent to the mortgagors for all of the mortgages in the A-quality servicing portfolio of the Seller, the Servicer and any of their affiliates (those it owns as well as those serviced for others) or sent to all of the mortgagors who have specific types of mortgages (such as FHA, VA, conventional fixed-rate or conventional adjustable-rate), or sent to those mortgagors whose mortgages fall within specific interest rate ranges;

 

  

60

  

 

(b)                           may provide pay-off information and otherwise cooperate with individual mortgagors who contact it about prepaying their mortgages by advising them of refinancing terms and streamlined origination arrangements that are available; and

 

(c)                           may offer to refinance a Mortgage Loan made within thirty (30) days following receipt by it  of a pay-off request from the related Mortgagor.

 

Promotions undertaken by the Seller or the Servicer or by any affiliate of the Seller or the Servicer which are directed to the general public at large (including, without limitation, mass mailing based on commercially acquired mailing lists, newspaper, radio and television advertisements), shall not constitute solicitation under this Section 30.

 

SECTION 31. Protection of Consumer Information.

 

Each party agrees that it (i) shall comply with any applicable laws and regulations regarding the privacy and security of Consumer Information, (ii) shall not use Consumer Information in any manner inconsistent with any applicable laws and regulations regarding the privacy and security of Consumer Information, (iii) shall not disclose Consumer Information to third parties except at the specific written direction of the Seller or the Servicer, (iv) shall maintain adequate physical, technical and administrative safeguards to protect Consumer Information from unauthorized access and (v) shall immediately notify the Seller of any actual or suspected breach of the confidentiality of Consumer Information.

 

SECTION 32. Cooperation of the Seller with a Reconstitution; Regulation AB Compliance.

 

The Seller acknowledges and the Purchaser agrees that with respect to some or all of the Mortgage Loans, the Purchaser may effect either:

 

(1)           one or more Whole Loan Transfers; and

 

(2)           one or more Securitization Transactions (as defined in the Addendum I attached hereto).

 

The Seller shall cooperate with the Purchaser in connection with any Whole Loan Transfer or Securitization Transaction contemplated by the Purchaser hereunder.  In connection therewith, the Seller shall take all reasonable steps to assist the Purchaser, which steps may include, but not be limited to, (a) providing any information relating to the Mortgage Loans, the Seller or the Servicer reasonably necessary to assist in the preparation of any disclosure documents, (b) providing information relating to delinquencies and defaults with respect to the Servicer’s servicing portfolio (or such portion thereof as is similar to the Mortgage Loans), (c) providing any Sarbanes-Oxley certification or other certification as may be required under applicable law and (d) taking any action reasonably required by a Rating Agency that is rating such transaction.

 

The Purchaser shall deliver any Reconstitution Agreement or other document related to such Whole Loan Transfer or Securitization Transaction to the Seller at least fifteen (15) days prior to such transfer and the Seller shall execute any Reconstitution Agreement which contains servicing provisions substantially similar to those herein and/or customary in Whole Loan Transfers or Securitization Transactions, or otherwise reasonably acceptable to the Purchaser and the Seller and which restates the representations and warranties contained in Subsection 7.01 as of the related Closing Date and Subsection 7.02 herein as of the Reconstitution Date.  Each of the Seller, the Servicer and the Purchaser shall be given the opportunity to review and reasonably negotiate in good faith the content of such other documents not specifically referenced or provided for herein.

 

  

61

  

 

Any prospective assignees of the Purchaser who have entered into a commitment to purchase any of the Mortgage Loans in a Whole Loan Transfer or in connection with a Securitization Transaction may review the Seller’s servicing and origination operations, upon reasonable prior notice to the Seller, and the Seller shall cooperate with such review and underwriting to the extent such prospective assignees request information or documents that are available and can be produced without unreasonable expense or effort.  Subject to any applicable laws, the Seller shall make the Mortgage Files related to the Mortgage Loans held by the Seller available at the Seller’s principal operations center for review by any such prospective assignees during normal business hours upon reasonable prior notice to the Seller (in no event fewer than five (5) Business Days’ prior notice).  The Seller may, in its sole discretion, require that such prospective assignees sign a confidentiality agreement with respect to such information disclosed to the prospective assignee which is not available to the public at large and a release agreement with respect to its activities on the Seller’s premises.

 

In connection with a Securitization Transaction, the Purchaser may be required to engage a master servicer or trustee to determine the allocation of payments to and make remittances to the certificateholders, at the Purchaser’s sole cost and expense.  In the event that a master servicer or trustee is requested by the Purchaser to determine the allocation of payments and to make remittances to the certificateholders, the Servicer agrees to service the Mortgage Loans in accordance with the reasonable and customary requirements of such Securitization Transaction, which may include the Servicer’s acting as a subservicer in a master servicing arrangement.  Without limiting the foregoing, in connection with each Securitization Transaction, Purchaser shall pay Servicer a fee in the amount of $2,500.00, and, to the extent the Servicer deems it necessary to retain outside counsel, reimburse Servicer for all reasonable legal fees and expenses (in an amount not to exceed $10,000 per Securitization Transaction, provided that there are not extraordinary circumstances in the Securitization Transaction that would warrant increased expenses) incurred by the Servicer.  In addition, any opinion of outside counsel that the Seller or the Servicer agrees to provide shall be provided at Purchaser’s expense.

 

In order to facilitate compliance with Regulation AB promulgated under the Securities Act, the Seller, the Servicer and the Purchaser agree to comply with the provisions of the Regulation AB Compliance Addendum attached hereto as Addendum I in connection with a Securitization Transaction.

 

All Mortgage Loans not sold or transferred pursuant to a Whole Loan Transfer or Securitization Transaction shall be subject to this Agreement and shall continue to be serviced in accordance with the terms of this Agreement and with respect thereto this Agreement shall remain in full force and effect.  It is understood and agreed by the Purchaser and the Servicer that the right to effectuate such Whole Loan Transfer or Securitization Transaction as contemplated by this Section 32 is limited to the Purchaser.

 

  

62

  

 

IN WITNESS WHEREOF, the parties have caused their names to be signed hereto by their respective officers thereunto duly authorized on the date first above written.

 

	  	
DLJ MORTGAGE CAPITAL, INC.,

	  	
as Purchaser

	  	  
	  	
By:

	/s/ Kevin Steele
	  	
Name:  

	Kevin Steele  
	  	
Title:

	Vice President
	  	  	  
	  	
FIRST REPUBLIC BANK,

	  	
as Seller and as Servicer

	  	  	  
	  	
By:

	/s/ Jason Bender
	  	
Name:

	Jason Bender
	  	
Title:

	Senior Vice President

[Flow Mortgage Loan Sale and Servicing Agreement, dated April 8, 2011]

 

  

  

  

EXHIBIT 1

 

MORTGAGE LOAN DOCUMENTS

 

With respect to each Mortgage Loan, the Mortgage Loan Documents shall consist of the following:

 

(a)           the original Mortgage Note bearing all intervening endorsements, endorsed in blank and signed in the name of the Seller by an officer thereof or, if the original Mortgage Note has been lost or destroyed, a lost note affidavit;

 

(b)           the original Assignment of Mortgage with assignee’s name left blank;

 

(c)           the original of any guarantee executed in connection with the Mortgage Note;

 

(d)           the original Mortgage with evidence of recording thereon, or if any such mortgage has not been returned from the applicable recording office or has been lost, or if such public recording office retains the original recorded mortgage, a photocopy of such mortgage certified by the Seller to be a true and complete copy of the original recorded mortgage;

 

(e)           the originals of all assumption, modification, consolidation or extension agreements, if any, with evidence of recording thereon;

 

(f)           the originals of all intervening assignments of mortgage with evidence of recording thereon, or if any such intervening assignment of mortgage has not been returned from the applicable recording office or has been lost or if such public recording office retains the original recorded assignments of mortgage, a photocopy of such intervening assignment of mortgage, certified by the Seller to be a true and complete copy of the original recorded intervening assignment of mortgage;

 

(g)           the mortgagee title insurance policy including an Environmental Protection Agency Endorsement and, with respect to any Adjustable Rate Mortgage Loan, an adjustable-rate endorsement, as received from the title company;

 

(h)           the original of any security agreement, chattel mortgage or equivalent document executed in connection with the Mortgage; and

 

(i)           a copy of any applicable power of attorney.

 

With respect to each Mortgage Loan that is secured by a first lien on and a perfected security interest in Co-op Shares and the related Proprietary Lease (as such terms are defined below) granting exclusive rights to occupy the related co-op unit in the building owned by the related co-op corporation, in lieu of delivering the documents listed above the Seller shall deliver the following documents to the Purchaser or its designee:

 

(i)           the original Mortgage Note together with any applicable riders, endorsed in blank, with all prior and intervening endorsements as may be necessary to show a complete chain of endorsements;

  

1-1

  

 

(ii)           the original security agreement;

 

(iii)           the original lease on a co-op unit evidencing the possessory interest of the owner of the Co-op Shares in such co-op unit (the “Proprietary Lease”) and an original assignment of the Proprietary Lease in blank;

 

(iv)           the original recognition agreement;

 

(v)           the original stock certificate representing the shares of stock issued by a co-op corporation and allocated to a co-op unit (the “Co-op Shares”) and original stock power in blank;

 

(vi)           the original UCC-1 financing statement with evidence of filing to the extent required under applicable law; and

 

(vii)           the original UCC-3 assignment in blank to the extent required under applicable law.

 

  

2

  

EXHIBIT 2

 

CONTENTS OF EACH MORTGAGE FILE

 

With respect to each Mortgage Loan, the Mortgage File shall include each of the following items, unless otherwise disclosed to the Purchaser on the data tape, copies of which shall be delivered to the Purchaser in diskette form, with a copy retained by the Servicer as necessary:

 

(a)           Copies of the Mortgage Loan Documents as listed in Exhibit 1.

 

(b)           Residential loan application.

 

(c)           Mortgage Loan closing statement.

 

(d)           Verification of employment and income, including the executed 4506T if required.

 

(e)           Verification of acceptable evidence of source and amount of down payment.

 

(f)           Credit report on Mortgagor, in a form acceptable to either Fannie Mae or Freddie Mac.

 

(g)           Residential appraisal report.

 

(h)           Photograph of the Mortgaged Property.

 

(i)           Survey of the Mortgaged Property, unless a survey is not required by the title insurer.

 

(j)           Copy of each instrument necessary to complete identification of any exception set forth in the exception schedule in the title policy, i.e., map or plat, restrictions, easements, home owner association declarations, etc.

 

(k)           Copies of all required disclosure statements.

 

(l)           If applicable, termite report, structural engineer’s report, water potability and septic certification.

 

(m)           Sales contract, if applicable.

 

(n)           The Primary Mortgage Insurance policy or certificate of insurance or electronic notation of the existence of such policy, where required pursuant to the Agreement.

 

(o)           Evidence of electronic notation of the hazard insurance policy, and, if required by law, evidence of the flood insurance policy.

 

(p)           Any documentation provided by the Borrower or obtained by the Seller in connection with the granting of any underwriting exception.

 

  

2-1

  

 

(q)           All other documentation involved in the underwriting or origination of the related Mortgage Loan.

  

2-2

  

EXHIBIT 3

 

UNDERWRITING GUIDELINES

 

ON FILE WITH PURCHASER

 

  

3-1

  

EXHIBIT 4

FORM OF ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

 

THIS ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT (this “Assignment Agreement”), dated of _________ __, [2011], is entered into among [_________________], a ___________________ (the “Assignee”), DLJ Mortgage Capital, Inc., a Delaware corporation (the “Assignor”), First Republic Bank (the “Seller” and the “Servicer”).

 

RECITALS

 

WHEREAS the Assignor, the Seller and the Servicer have entered into a certain Flow Mortgage Loan Sale and Servicing Agreement, dated as of April 8, 2011 (as amended or modified to the date hereof, the “Purchase Agreement”), pursuant to which the Assignor has acquired from the Seller certain Mortgage Loans and Servicer services such Mortgage Loans; and

 

WHEREAS the Assignor has agreed to sell, assign and transfer to the Assignee all of its right, title and interest in [certain] [all] of the Mortgage Loans which are subject to the provisions of the Purchase Agreement and are listed on the mortgage loan schedule attached as Exhibit A hereto (the “Specified Mortgage Loans”) and its rights under the Purchase Agreement with respect to the Specified Mortgage Loans, and the Servicer has agreed to service such Specified Mortgage Loans.

 

NOW, THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties agree as follows:

 

	
1. 

	
Assignment and Assumption

 

(a)           Effective on and as of the date hereof, the Assignor hereby grants, transfers and assigns to Assignee all of the right, title and interest of Assignor, as Purchaser, in, to and under (i) the  Specified Mortgage Loans; and (ii) the Purchase Agreement,, but only to the extent of the Specified Mortgage Loans.  For purposes of this Assignment Agreement, the term “Purchase Agreement” includes any separate bill of sale, assignment and conveyance or other instrument pursuant to which Seller and Assignor effectuated the purchase and sale of any Mortgage Loan following the execution and delivery of the Purchase Agreement.  The Assignor specifically reserves and does not assign to the Assignee hereunder any and all right, title and interest in, to and under any all obligations of the Assignor with respect to any mortgage loans subject to the Purchase Agreement which are not the Specified Mortgage Loans set forth on Exhibit A attached hereto and are not the subject of this Assignment Agreement.

 

(b)           Each of the Seller and the Assignor represent and warrant to the Assignee that (i) the Purchase Agreement, as amended or supplemented is in full force and effect as of the date hereof, (ii) the provisions thereof have not been waived in any respect, nor have any notices of termination been given thereunder, (iii) the Purchase Agreement contains all of the terms and conditions governing the sale of the Specified Mortgage Loans by Seller to Assignor and the purchase of the Specified Mortgage Loans by Assignor from Seller; provided, however, that the date of purchase and sale, the amount of payment for the Specified Mortgage Loans and other terms may be set out in a Purchase Price and Terms Letter, as defined in the Purchase Agreement, and (iv) Seller sold, conveyed and transferred each Specified Mortgage Loan to Assignor pursuant to the Purchase Agreement.

  

4-2

  

 

(c)           The Assignee agrees to be bound, as Purchaser, by all of the terms, covenants and conditions of the Purchase Agreement and the Specified Mortgage Loans, and from and after the date hereof, the Assignee assumes for the benefit of each of the Seller and the Assignor all of the Assignor’s obligations as Purchaser thereunder with respect to the Specified Mortgage Loans.

 

	
2. 

	
Recognition of Assignee

 

From and after the date hereof, the Seller and the Servicer shall recognize the Assignee as the owner of, and holder of the rights and benefits of the Purchaser with respect to, the Specified Mortgage Loans, and Servicer shall service the Specified Mortgage Loans for the benefit of the Assignee pursuant to the Purchase Agreement, as modified hereby or as may be amended from time to time, as if the Assignee and the Seller and Servicer had entered into a separate agreement for the purchase and servicing of the Specified Mortgage Loans in the form of the Purchase Agreement, the terms of which are incorporated herein by reference.  It is the intention of the Seller, the Servicer, the Assignee and the Assignor that this Assignment Agreement will be a separate and distinct agreement, and the entire agreement among the parties hereto to the extent of the Specified Mortgage Loans shall be binding upon and inure to the benefit of the respective successors and assigns of the parties hereto.

 

	
3. 

	
Assignor Representations and Warranties

 

The Assignor represents and warrants to, and covenants with, the Assignee and the Seller as of the date hereof that:

 

(a)           The Assignor is not in default under the Purchase Agreement;

 

(b)           The Assignor is the lawful owner of the Specified Mortgage Loans with the full right to transfer the Specified Mortgage Loans and any and all of its interests, rights and obligations under the Purchase Agreement, free from any and all claims and encumbrances arising out of the Assignor’s ownership thereof, and the Specified Mortgage Loans, as well as the Purchase Agreement, upon the transfer thereof to the Assignee as contemplated herein, shall be free and clear of all such liens, claims and encumbrances or any lien claim or encumbrance arising out of the ownership of the Specified Mortgage Loans by any person at any time after Assignor first acquired any Specified Mortgage Loan from the Seller;

  

4-3

  

 

(c)           Neither the Assignor nor anyone acting on its behalf has offered, transferred, pledged, sold or otherwise disposed of the Specified Mortgage Loans, any interest in the Specified Mortgage Loans or any other similar security to, or solicited any offer to buy or accept a transfer, pledge or other disposition of the Specified Mortgage Loans, any interest in the Specified Mortgage Loans or any other similar security from, or otherwise approached or negotiated with respect to the Specified Mortgage Loans, any interest in the Specified Mortgage Loans or any other similar security with, any person in any manner, or made any general solicitation by means of general advertising or in any other manner, or taken any other action which would constitute a distribution of the Specified Mortgage Loans under the Securities Act of 1933, as amended (the “Securities Act”) or which would render the disposition of the Specified Mortgage Loans a violation of Section 5 of the Securities Act or require registration pursuant thereto;

 

(d)           The Assignor has not received notice of, and has no knowledge of, any offsets, counterclaims or other defenses available to the Seller with respect to the Purchase Agreement or the Specified Mortgage Loans;

 

(e)           The Assignor has not waived or agreed to any waiver under, or agreed to any amendment or other modification of, the Purchase Agreement or the Specified Mortgage Loans. The Assignor has no knowledge of, and has not received notice of, any waivers under or amendments or other modifications of, or assignments of rights or obligations under or defaults under, the Purchase Agreement, or the Specified Mortgage Loans;

 

(f)           The Assignor is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite corporate power and authority to sell, transfer and assign the Specified Mortgage Loans;

 

(g)           The Assignor has full corporate power and authority to execute, deliver and perform under this Assignment Agreement, and to consummate the transactions set forth herein. The consummation of the transactions contemplated by this Assignment Agreement is in the ordinary course of the Assignor’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Assignor’s charter or by-laws, or any legal restriction, or any material agreement or instrument to which the Assignor is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Assignor or its property is subject. The execution, delivery and performance by the Assignor of this Assignment Agreement, and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action of the Assignor. This Assignment Agreement has been duly executed and delivered by the Assignor and constitutes the valid and legally binding obligation of the Assignor enforceable against the Assignor in accordance with its respective terms except as enforceability thereof may be limited by bankruptcy, insolvency, or reorganization or other similar laws now or hereinafter in effect relating to creditor’s rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or in law;

 

(h)           No material consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Assignor in connection with the execution, delivery or performance by the Assignor of this Assignment Agreement, or the consummation by it of the transactions contemplated hereby; and

  

4-4

  

 

(i)           The Assignor has paid the purchase price for the Specified Mortgage Loans and has satisfied any conditions to closing required of it under the terms of the Purchase Agreement.

 

	
4. 

	
Assignee Representations and Warranties

 

The Assignee represents and warrants to, and covenants with, the Assignor and the Seller as of the date hereof that:

 

(a)           The Assignee is a corporation duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation, and has all requisite corporate power and authority to acquire, own and purchase the Specified Mortgage Loans;

 

(b)           The Assignee has full corporate power and authority to execute, deliver and perform under this Assignment Agreement, and to consummate the transactions set forth herein. The consummation of the transactions contemplated by this Assignment Agreement is in the ordinary course of the Assignee’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Assignee’s charter or by-laws, or any legal restriction, or any material agreement or instrument to which the Assignee is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Assignee or its property is subject. The execution, delivery and performance by the Assignee of this Assignment Agreement, and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action of the Assignee. This Assignment Agreement has been duly executed and delivered by the Assignee and constitutes the valid and legally binding obligation of the Assignee enforceable against the Assignee in accordance with its respective terms except as enforceability thereof may be limited by bankruptcy, insolvency, or reorganization or other similar laws now or hereinafter in effect relating to creditor’s rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or in law; and

 

(c)           No material consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Assignee in connection with the execution, delivery or performance by the Assignee of this Assignment Agreement, or the consummation by it of the transactions contemplated hereby.

 

	
5. 

	
Seller Representations and Warranties

 

The Seller represents and warrants to, and covenants with, the Assignor and the Assignee as of the date hereof that:

 

(a)           The Seller is not a natural person or a general partnership and is duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation, and has all requisite power and authority to service the Specified Mortgage Loans;

  

4-5

  

 

(b)           The Seller has full power and authority to execute, deliver and perform under this Assignment Agreement, and to consummate the transactions set forth herein. The consummation of the transactions contemplated by this Assignment Agreement is in the ordinary course of the Seller’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Seller’s charter or by-laws, or any legal restriction, or any material agreement or instrument to which the Seller is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Seller or its property is subject. The execution, delivery and performance by the Seller of this Assignment Agreement, and the consummation by it of the transactions contemplated hereby, have been duly authorized by all necessary corporate action of the Seller. This Assignment Agreement has been duly executed and delivered by the Seller and, upon the due authorization, execution and delivery by the Assignor and Assignee, will constitute the valid and legally binding obligation of the Seller enforceable against the Seller in accordance with its respective terms except as enforceability thereof may be limited by bankruptcy, insolvency, or reorganization or other similar laws now or hereinafter in effect relating to creditors’ rights generally and by general principles of equity, regardless of whether such enforceability is considered in a proceeding in equity or in law;

 

(c)           The Seller has no knowledge of any offsets, counterclaims or other defenses available to the Seller with respect to the Purchase Agreement or the Specified Mortgage Loans;

 

(d)           No material consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Seller in connection with the execution, delivery or performance by the Seller of this Assignment Agreement, or the consummation by it of the transactions contemplated hereby; and

 

(e)           The Seller is not in default under the Purchase Agreement.

 

	
6. 

	
Restated Seller Representations and Warranties

 

The Seller hereby restates to Assignee (a) the representations and warranties set forth in Subsection 7.01 of the Purchase Agreement as of the related Closing Date and (b) the representations and warranties set forth in Subsection 7.02 of the Purchase Agreement as of the date hereof, as if such representations and warranties were set forth herein in full.  For purposes of making the representations and warranties contemplated in the foregoing sentence, each reference in Sections 7.01 and 7.02 of the Purchase Agreement to the “Mortgage Loan Schedule” shall be deemed to be a reference to Exhibit A hereto and any other schedules of the Specified Mortgage Loans, provided in writing or electronically, providing any data with respect to the Specified Mortgage Loans of the type described in the definition of “Mortgage Loan Schedule” provided in the Purchase Agreement (other than any schedules that were updated by the Assignor prior to the date of this Assignment Agreement).

In the event of a breach of any representations and warranties referred to in clauses (a) or (b) above as of the related Closing Date or the date hereof, as the case may be, Assignee shall be entitled to all the remedies under the Purchase Agreement.

 

  

4-6

  

 

In connection with any repurchase of a Specified Mortgage Loan, the Assignee shall reassign the provisions of the Purchase Agreement to the Seller with respect to such Specified Mortgage Loan, and provide for the prompt delivery of the related custodial file to the Seller or its designee, as applicable.

 

	
7. 

	
Continuing Effect

 

Except as contemplated hereby, the Purchase Agreement shall remain in full force and effect in accordance with its terms.  This Assignment Agreement constitutes a Reconstitution Agreement as contemplated under Subsections 29 and 32 of the Purchase Agreement and the Reconstitution Date shall be the date hereof with respect to the Specified Mortgage Loans.

 

	
8. 

	
Governing Law

 

This Assignment Agreement shall be construed in accordance with the substantive laws of the State of New York (without regard to conflict of laws principles) and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws, except to the extent preempted by federal law.

 

	
9. 

	
Notices

 

Any notices or other communications permitted or required under this Assignment Agreement to be made to the Assignee shall be made in accordance with the terms of the Purchase Agreement and shall be sent to the Assignee as follows: [_____________________], or to such other address as may hereafter be furnished by the Assignee to the parties in accordance with the provisions of the Purchase Agreement.

 

	
10. 

	
Counterparts

 

This Assignment Agreement may be executed in counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same instrument.

 

	
11. 

	
Definitions

 

Any capitalized term used but not defined in this Assignment Agreement has the same meaning as in the Purchase Agreement.

  

4-7

  

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

 

	  	
ASSIGNOR:

	 	 
	  	
DLJ MORTGAGE CAPITAL, INC.

	  	  	  
	  	
By:

	  
	  	
Name:

	  
	  	
Title:

	  
	  	  	  
	  	
SELLER AND SERVICER:

	 	 
	  	
FIRST REPUBLIC BANK

	  	  	  
	  	
By:

	  
	  	
Name:

	  
	  	
Title:

	  
	  	  	  
	  	
ASSIGNEE:

	  	  
	  	
[__________]

	  	  	  
	  	
By:

	  
	  	
Name:  

	  
	  	
Title:

	  

 

  

4-8

  

EXHIBIT 5

 

FORM OF MONTHLY REMITTANCE REPORT

 

Servicer shall provide or cause to be provided the following information to Purchaser:

 

Investor Code

First Republic Loan Number

Investor Loan Number

Last Paid Installment

Scheduled Payment

Scheduled Interest Rate

Servicing Fee

Beginning Scheduled Balance

Unpaid Principal Balance

Ending Scheduled Balance

Scheduled Principal

Unscheduled Principal

Interest on Curtailment

Total Principal

Scheduled Interest

Total Remittance

Payoff Date

Payoff Amount

Soldier and Sailor (S&S) Flag

S&S subsidy amount

S&S order end date

Prepayment Penalty Amount

Prepayment Amount Waived

Action Code

Investor Id

Category Code

Deal Name

Reason for Default

Breach Letter Date

Mortgagor First Name

Mortgagor Last Name

Property Street Address

City Name

Property Alpha State Code

Property ZIP Code

Next Payment Due Date

MI Company

MI Coverage %

Bankruptcy Status Code

Bankruptcy Filing Date

Bankruptcy Chapter Type

  

5-1

  

Bankruptcy Case Number

Bankruptcy Post Petition Due Date

Bankruptcy Discharge Date

Bankruptcy Dismissal Date

Loss Mitigation Status Code (To include Short sale and loan modification)

Loss Mit Approval Date

Loss Mit Type

Modified Rate

Modified First payment date

Balloon (Y) (N)

Balloon Amount

Amortization Term

Capitalized Amount

Principal Forbearance

Principal Write down Amount

Short Sale (Y) (N)

Short Sale Sales Price

Short Sale Completed Date

Foreclosure Status Code

Foreclosure Attorney Referral Date

First Legal Date

Foreclosure Property Value

Foreclosure Property Value Type

Foreclosure Property Value Date

Scheduled Foreclosure Date

Foreclosure Sale Date

Foreclosure Sale Amount

REO Status Code

Expenses to Date

REO Eviction Start Date

REO Eviction Completed Date

REO Original Listing Price Amount

REO Current Listing Price Amount

REO Listing Start Date

REO Accepted Offer Amount

REO Accepted Offer Date

REO Completed Date

Occupancy Current Status Code

Property Condition

Property Inspection Date

Appraisal Date

Current Property Value

Repaired Property Value

Original Mortgage Amount

  

5-2

  

EXHIBIT 6

 

FORM OF PURCHASE PRICE AND TERMS LETTER

 

CLOSING DATE:

 

This Purchase Price and Terms Letter (this “PPTL”), dated as of _______ (the “Closing Date”), confirms the sale by First Republic Bank (the “Seller”) to DLJ Mortgage Capital, Inc. (the “Purchaser”), and the purchase by the Purchaser from the Seller, of the first lien residential mortgage loans on a servicing retained basis described on the Mortgage Loan Schedule attached as Schedule I hereto (the “Mortgage Loans”), pursuant to the terms of the Flow Mortgage Loan Sale and Servicing Agreement (the “Flow Sale and Servicing Agreement”), dated as of April 8, 2011, by and between the Purchaser and the Seller.  Capitalized terms that are used herein but are not defined herein shall have the respective meanings set forth in the Flow Sale and Servicing Agreement.

 

For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Seller does hereby bargain, sell, convey, assign and transfer to Purchaser without recourse, except as provided in the Flow Sale and Servicing Agreement, and on a servicing retained basis, all right, title and interest of the Seller in and to each of the Mortgage Loans, together with all documents maintained as part of the related Mortgage Files, all Mortgaged Properties which secure any Mortgage Loan but are acquired by foreclosure, deed in lieu of foreclosure after the Cut-off Date or otherwise, all payments of principal and interest received on the Mortgage Loans after the Cut-off Date, all other unscheduled collections collected in respect of the Mortgage Loans after the Cut-off Date, and all proceeds of the foregoing, subject, however, to the rights of the Seller under the Flow Sale and Servicing Agreement.

 

The Seller has delivered to the Purchaser or its designee prior to the date hereof the documents with respect to each Mortgage Loan required to be delivered under the Flow Sale and Servicing Agreement.

 

For purposes of the Mortgage Loans sold pursuant to this PPTL, certain terms shall be as set forth below:

 

	
Stated Principal Balance:

	
$

	  	  
	
Closing Date:

	  
	  	  
	
Transfer Date:

	  
	  	  
	
Cut-off Date:

	  
	  	  
	
Purchase Price Percentage:

	
%

	  	  
	
Servicing Fee Rate:

	
%

 

  

6-1

  

 

In WITNESS WHEREOF, the parties hereto, by the hands of their duly authorized officers, execute this PPTL as of the Closing Date referred to above.

	
DLJ MORTGAGE CAPITAL, INC.

	  	
FIRST REPUBLIC BANK as

	
as Purchaser

	  	
Seller

	  	  	  
	
By:

	  	  	
By:

	  
	  	  	  	  	  
	
Name:

	  	  	
Name:

	  
	  	  	  	  	  
	
Its:

	  	  	
Its:

	  

 

  

6-2

  

EXHIBIT 7

 

RESERVED

 

  

7-1

  

 

EXHIBIT 8

 

FORM OF NOTICE OF SALE OF OWNERSHIP OF MORTGAGE LOAN

 

<<<insert date letter is sent>>>

 

Dear <<<insert client name>>>

 

	
Re: 

	
Loan # <<<insert loan number>>>

 

We are writing you to share some information about the mortgage you originally secured from First Republic Bank.  You may know that banks often transfer or sell their loans as a means of overall balance sheet management. In line with these accounting practices, your mortgage was transferred to <<<insert investor name>>> on <<<insert transfer date>>>.  <<<insert investor name>>> is located at <<<insert investor address>>> and the telephone number is <<<insert investor telephone number>>>. This letter is being sent to you simply as a legal notice of change. This transfer does not in any way alter your direct relationship with First Republic, as the servicer of your loan, and the transfer of ownership of your mortgage loan to <<<insert investor name>>> has not been publicly recorded.

 

<<<insert investor name>>> does not service your loan.  First Republic will continue to service your loan as it always has, and all existing loan terms and conditions will remain in place.  All loan payments should still be sent to First Republic. Any loan payments sent to <<<insert investor name>>> could result in late payments on your account, for which you would be responsible.

 

The transfer of the lien associated with your loan is currently recorded, or in the future may be recorded, in the public records of the local County Recorder's office for the county where your property is located.

 

Your points of contact at First Republic remain the same, and you can continue to call your banker about this loan or simply contact First Republic Loan Servicing at 800-888-6994.  First Republic has the continued responsibility of addressing your questions and loan issues.

 

In the unlikely event that you find it necessary to contact <<<insert investor name>>>, please write to us, the servicer of your loan, at First Republic Bank, 111 Pine Street, San Francisco, CA 94111 or call 800-888-6994.

 

Sincerely,

Loan Servicing

First Republic Bank

  

8-1

  

EXHIBIT 9

 

MORTGAGE LOAN SCHEDULE

 

	
  

	
1.

	
the Seller’s Mortgage Loan identifying number;

 

	
  

	
2.

	
the borrower’s first and last names;

 

	
  

	
3.

	
the co-borrower’s first and last names;

 

	
  

	
4.

	
the street address of the Mortgaged Property including the state and zip code;

 

	
  

	
5.

	
a code indicating whether the Mortgaged Property is owner-occupied;

 

	
  

	
6.

	
the type of residential property and number of units (if more than one) constituting the Mortgaged Property;

 

	
  

	
7.

	
the original months to maturity or the remaining months to maturity from the Cut-off Date, in any case based on the original amortization schedule and, if different, the maturity expressed in the same manner but based on the actual amortization schedule;

 

	
  

	
8.

	
the Loan-to-Value Ratio at origination and as of the Cut-off Date;

 

	
  

	
9.

	
the debt-to-income ratio at origination and as of the Cut-off Date

 

	
  

	
10.

	
the Mortgage Interest Rate at origination and as of the Cut-off Date;

 

	
  

	
11.

	
the Mortgage Loan origination date and the Mortgage Note date (if different);

 

	
  

	
12.

	
the paid through date;

 

	
  

	
13.

	
the stated maturity date of the Mortgage Loan;

 

	
  

	
14.

	
the amount of the Monthly Payment as of the Cut-off Date;

 

	
  

	
15.

	
the original principal amount of the Mortgage Loan and the principal balance of the related  First Lien, if applicable, as of the date of origination;

 

	
  

	
16.

	
the Stated Principal Balance of the Mortgage Loan and the principal balance of the related First Lien, if applicable, as of the Cut-off Date;

 

	
  

	
17.

	
a code or codes indicating the purpose of the Mortgage Loan (i.e., purchase, rate and term refinance, equity take-out refinance);

 

	
  

	
18.

	
a code indicating the documentation style (i.e. full, alternative or reduced);

 

	
  

	
19.

	
the number of times during the twelve (12) month period preceding the Closing Date that any Monthly Payment has been received thirty (30) or more days after its Due Date;

 

  

9-2

  

 

	
  

	
20.

	
the date on which the first payment is due;

 

	
  

	
21.

	
a code indicating whether or not the Mortgage Loan is insured as to payment defaults by a Primary Mortgage Insurance Policy; and, in the case of any Mortgage Loan which is insured as to payment defaults by a Primary Mortgage Insurance Policy, the name of the provider of such Primary Mortgage Insurance Policy;

 

	
  

	
22.

	
a code indicating whether or not the Mortgage Loan is insured as to payment defaults by a LPMI Policy and, in the case of any Mortgage Loan which is insured as to payment defaults by a LPMI Policy, a percentage representing the amount of the related insurance premium;

 

	
  

	
23.

	
a code indicating whether or not the Mortgage Loan is the subject of a Prepayment Penalty as well as the terms of the Prepayment Penalty;

 

	
  

	
24.

	
the Primary Mortgage Insurance Policy certificate number, if applicable;

 

	
  

	
25.

	
the Primary Mortgage Insurance Policy coverage percentage, if applicable;

 

	
  

	
26.

	
a code indicating the Credit Score of the Mortgagor at the time of origination of the Mortgage Loan;

 

	
  

	
27.

	
a code indicating specific loan/underwriting  program of each Mortgage Loan as assigned by the Seller pursuant to the Underwriting Standards;

 

	
  

	
28.

	
the loan type (i.e.  fixed, adjustable; 2/28, 3/27, 5/25, etc.);

 

	
  

	
29.

	
with respect to each Adjustable Rate Mortgage Loan, the first Adjustment Date and the Adjustment Date frequency;

 

	
  

	
30.

	
with respect to each Adjustable Rate Mortgage Loan, the Gross Margin;

 

	
  

	
31.

	
with respect to each Adjustable Rate Mortgage Loan, the Maximum Mortgage Interest Rate under the terms of the Mortgage Note;

 

	
  

	
32.

	
with respect to each Adjustable Rate Mortgage Loan, the Minimum Mortgage Interest Rate under the terms of the Mortgage Note;

 

	
  

	
33.

	
with respect to each Adjustable Rate Mortgage Loan, the Periodic Rate Cap;

 

	
  

	
34.

	
with respect to each Adjustable Rate Mortgage Loan, the first Adjustment Date immediately following the related Cut-off Date;

 

	
  

	
35.

	
with respect to each Adjustable Rate Mortgage Loan, the Index;

 

	
  

	
36.

	
a code indicating the lien status of the Mortgage Loan (e.g. whether the Mortgage Loan is a first or a second lien Mortgage Loan);

 

	
  

	
37.

	
a code indicating whether the Mortgage Loan is a MERS Mortgage Loan;

 

  

6-3

  

 

	
  

	
38.

	
a code indicating whether the Mortgage Loan is an Interest Only Mortgage Loan;

 

	
  

	
39.

	
with respect to each Interest Only Mortgage Loan, the duration of the related interest only period;

 

	
  

	
40.

	
the original appraisal value and date of appraisal;

 

	
  

	
41.

	
the servicing fee rate;

 

	
  

	
42.

	
borrower liquidity as of the origination date and as of the Cut-off Date;

 

	
  

	
43.

	
borrower net worth as of the origination date and as of the Cut-off Date.

 

  

6-4

  

 

ADDENDUM I

 

REGULATION AB COMPLIANCE ADDENDUM

TO FLOW SALE AND SERVICING AGREEMENT

 

(Servicing-retained)

 

SECTION 1.  DEFINED TERMS

 

Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Agreement.  The following terms shall have the meanings set forth below, unless the context clearly indicates otherwise:

 

Applicable Servicing Criteria:  The “servicing criteria” set forth in Item 1122(d) of Regulation AB for which the Company is responsible in its capacity as Servicer as identified on Exhibit B hereto, provided that such Exhibit B may be amended from time to time to reflect changes in Regulation AB.

 

Commission:  The United States Securities and Exchange Commission.

 

Company:  First Republic Bank, or its successor in interest or assign.

 

Company Information:  As defined in Section 2.07(a).

 

Depositor:  The depositor, as such term is defined in Regulation AB, with respect to any Securitization Transaction.

 

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

 

Master Servicer:  With respect to any Securitization Transaction, the “master servicer,” if any, identified in the related transaction documents.

 

Qualified Correspondent:  Any Person from which the Company purchased Mortgage Loans, provided that this term shall not include the Purchaser or an affiliate of the Purchaser and provided further that the following conditions are satisfied:  (i) such Mortgage Loans were originated pursuant to an agreement between the Company and such Person that contemplated that such Person would underwrite mortgage loans from time to time, for sale to the Company, in accordance with the Underwriting Guidelines (“Designated Guidelines”) or guidelines that do not vary materially from such Designated Guidelines; (ii) such Mortgage Loans were in fact underwritten as described in clause (i) above and were acquired by the Company within 180 days after origination; (iii) either (x) the Designated Guidelines were, at the time such Mortgage Loans were originated, used by the Company in origination of mortgage loans of the same type as the Mortgage Loans for the Company’s own account or (y) the Designated Guidelines were, at the time such Mortgage Loans were underwritten, designated by the Company on a consistent basis for use by lenders in originating mortgage loans to be purchased by the Company; and (iv) the Company employed, at the time such Mortgage Loans were acquired by the Company, pre-purchase or post-purchase quality assurance procedures (which may involve, among other things, review of a sample of mortgage loans purchased during a particular time period or through particular channels) designed to ensure that Persons from which it purchased mortgage loans properly applied the underwriting criteria designated by the Company.

  

9-5

  

 

Reconstitution Agreement:  The agreement or agreements entered into by the Company and the Purchaser and/or certain third parties on the Reconstitution Date or Dates with respect to any or all of the Mortgage Loans serviced hereunder, in connection with a Whole Loan Transfer or Securitization Transaction.

 

Regulation AB:  Subpart 229.1100 — Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,505, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

 

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

 

Securitization Transaction:  Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly by the Purchaser to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.

 

Servicer:  As defined in Section 2.03(c).

 

Sponsor:  With respect to any Securitization Transaction, the Person identified in writing to the Company by the Purchaser as sponsor for such Securitization Transaction.

 

Static Pool Information:  Static pool information as described in Item 1l05(a)(l)-(3) and 1105(c) of Regulation AB.

 

Subcontractor:  Any vendor, subcontractor or other Person that is not responsible for the overall servicing (as “servicing” is commonly understood by participants in the mortgage-backed securities market) of Mortgage Loans but performs one or more discrete functions identified in Item l122(d) of Regulation AB with respect to Mortgage Loans under the direction or authority of the Company or a Subservicer, provided that this term shall not include the Purchaser, an affiliate of the Purchaser or originators of Mortgage Loans acquired by the Company from the Purchaser or an affiliate of the Purchaser.

 

Subservicer:  Any Person that services Mortgage Loans on behalf of the Company or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions identified in Item 1122(d) of Regulation AB that are required to be performed by the Company under this Agreement or any Reconstitution Agreement, provided that this term shall not include the Purchaser, an affiliate of the Purchaser or originators of Mortgage Loans acquired by the Company from the Purchaser or an affiliate of the Purchaser.

  

9-6

  

 

Third-Party Originator:  Each Person, other than a Qualified Correspondent, that originated Mortgage Loans acquired by the Company, provided that this term shall not include originators of Mortgage Loans acquired by the Company from the Purchaser or an affiliate of the Purchaser.

 

Whole Loan Transfer:  Any sale or transfer of some or all of the Mortgage Loans (including an Agency Transfer), other than a Securitization Transaction.

 

SECTION 2.   COMPLIANCE WITH REGULATION AB

 

Subsection 2.01    Intent of the Parties; Reasonableness.

 

The Purchaser and the Company acknowledge and agree that the purpose of this Regulation AB Addendum is to facilitate compliance by the Purchaser and any Depositor with the provisions of Regulation AB and related rules and regulations of the Commission and that the provisions of this Regulation AB Addendum shall be applicable to all Mortgage Loans included in a Securitization Transaction closing on or after January 1, 2006, regardless whether the Mortgage Loans were purchased by the Purchaser from the Company prior to the date hereof.  Although Regulation AB is applicable by its terms only to offerings of asset-backed securities that are registered under the Securities Act, the Company acknowledges that investors in privately offered securities may require that the Purchaser or any Depositor provide comparable disclosure in unregistered offerings.  References in this Regulation AB Addendum to compliance with Regulation AB include provision of comparable disclosure in private offerings and any rights and obligations of the Purchaser and the Company in this Regulation AB Addendum shall apply to private offerings.

 

Neither the Purchaser nor any Depositor shall exercise its right to request delivery of information or other performance under these provisions other than in good faith, or for purposes other than compliance with the Securities Act, the Exchange Act and the rules and regulations of the Commission thereunder (or the provision in a private offering of disclosure comparable to that required under the Securities Act).  The Company acknowledges that interpretations of the requirements of Regulation AB may change over time, whether due to interpretive guidance provided by the Commission or its staff, consensus among participants in the asset-backed securities markets, advice of counsel, or otherwise, and agrees to comply with reasonable requests made by the Purchaser, any Master Servicer or any Depositor in good faith for delivery of information under these provisions on the basis of evolving interpretations of Regulation AB.  In connection with any Securitization Transaction, the Company shall cooperate fully with the Purchaser and any Master Servicer to deliver to the Purchaser (including any of its assignees or designees) and one of any Master Servicer or any Depositor (as requested), any and all statements, reports, certifications, records and any other information necessary in the good faith determination of the Purchaser or any Depositor to permit the Purchaser, such Master Servicer or such Depositor to comply with the provisions of Regulation AB, together with such disclosures relating to the Company, any Subservicer, any Third-Party Originator and the Mortgage Loans, or the servicing of the Mortgage Loans, reasonably believed by the Purchaser, the Master Servicer or any Depositor to be necessary in order to effect such compliance. The Purchaser agrees to provide the Company with reasonable prior notice of requests for information.

  

9-7

  

 

The Purchaser and the Company also acknowledge and agree that Section 2.02(a)(i)-(v), Section 2.03(c), (e) and (f), Section 2.04, Section 2.05 and Section 2.06 of this Regulation AB Addendum shall only be applicable with respect to any Mortgage Loan if the Company (or Subservicer, if any) services such Mortgage Loan for a period following the closing date of a related Securitization Transaction.

 

For purposes of this Regulation AB Addendum, the term “Purchaser” shall refer to DLJ Mortgage Capital, Inc. and its successors in interest and assigns.  In addition, any notice or request that must be “in writing”  or “written” may be made by electronic mail at such addresses as provided for notice under the Agreement.

 

Subsection 2.02       Additional Representations and Warranties of the Company.

 

(a)           The Company shall be deemed to represent to the Purchaser, to any Master Servicer and to any Depositor, as of the date on which information is first provided to the Purchaser, any Master Servicer or any Depositor under Section 2.03 that, except as disclosed in writing to the Purchaser, such Master Servicer or such Depositor prior to such date: (i) the Company is not aware and has not received notice that any default, early amortization or other performance triggering event with respect to the Company has occurred as to any other securitization due to any act or failure to act of the Company; (ii) the Company has not been terminated as servicer in a residential mortgage loan securitization, either due to a servicing default or to application of a servicing performance test or trigger; (iii) no material noncompliance with the Servicing Criteria with respect to other securitizations of residential mortgage loans involving the Company as servicer has been disclosed or reported by the Company; (iv) no material changes to the Company’s policies or procedures with respect to the servicing function it will perform under this Agreement and any Reconstitution Agreement for mortgage loans of a type similar to the Mortgage Loans have occurred during the three-year period immediately preceding the related Securitization Transaction; (v) there are no aspects of the Company’s financial condition that are reasonably expected to have a material adverse effect on the performance by the Company of its servicing obligations under this Agreement or any Reconstitution Agreement; (vi) there are no material legal or governmental proceedings pending (or known to be contemplated) against the Company, any Subservicer or any Third-Party Originator; and (vii) there are no affiliations, relationships or transactions relating to the Company, any Subservicer or any Third-Party Originator with respect to any Securitization Transaction and any party thereto identified in writing to the Company by the related Depositor of a type described in Item 1119 of Regulation AB.

 

(b)           If so requested in writing by the Purchaser, any Master Servicer or any Depositor on any date following the date on which information is first provided to the Purchaser, any Master Servicer or any Depositor under Section 2.03, the Company shall use its best efforts to confirm in writing within five (5) Business Days, but in no event later than ten (10) Business Days, following such request the accuracy of the representations and warranties set forth in paragraph (a) of this Section or, if any such representation and warranty is not accurate as of the date of such request, provide within five (5) Business Days, but in no event later than ten (10) Business Days, reasonably adequate disclosure of the pertinent facts, in writing, to the requesting party.

  

9-8

  

 

Subsection 2.03        Information to Be Provided by the Company.

 

In connection with any Securitization Transaction, the Company shall use its best efforts to (i) within five (5) Business Days, but in no event later than ten (10) Business Days, following written request by the Purchaser or any Depositor, provide to the Purchaser and such Depositor (or, as applicable, cause each Third-Party Originator and each Subservicer to provide), in writing and in form and substance reasonably satisfactory to the Purchaser and such Depositor, the information and materials specified in paragraphs (a), (b), (c) and (f) of this Section, and (ii) as promptly as practicable following notice to or discovery by the Company, provide to the Purchaser and any Depositor (in writing and in form and substance reasonably satisfactory to the Purchaser and such Depositor) the information specified in paragraph (d) of this Section.

 

(a)           If so requested in writing by the Purchaser or any Depositor, the Company shall provide such information regarding (i) the Company, as originator of the Mortgage Loans (including as an acquirer of Mortgage Loans from a Qualified Correspondent), or (ii) each Third-Party Originator, and (iii) as applicable, each Subservicer, as is requested for the purpose of compliance with Items 1103(a)(l), 1105, 1110, 1117 and 1119 of Regulation AB.  Such information shall include, at a minimum:

 

(A)          the originator’s form of organization;

 

(B)           a description of the originator’s origination program and how long the originator has been engaged in originating residential mortgage loans, which description shall include a discussion of the originator’s experience in originating mortgage loans of a similar type as the Mortgage Loans; information regarding the size and composition of the originator’s origination portfolio; and information that may be material, in the good faith judgment of the Purchaser or any Depositor, to an analysis of the performance of the Mortgage Loans, including the originators’ credit-granting or underwriting criteria for mortgage loans of similar type(s) as the Mortgage Loans and such other information as the Purchaser or any Depositor may reasonably request for the purpose of compliance with Item 1110(b)(2) of Regulation AB;

 

(C)           a description of any legal or governmental proceedings pending (or known to be contemplated) against the Company, each Third-Party Originator and each Subservicer that would be material to securityholders; and

 

(D)           a description of any affiliation or relationship between the Company, each Third-Party Originator, each Subservicer and any of the following parties to a Securitization Transaction, as such parties are identified to the Company by the Purchaser or any Depositor in writing in advance of such Securitization Transaction:

 

(1)           the sponsor;

 

(2)           the depositor;

 

(3)           the issuing entity;

 

(4)           any servicer;

 

(5)           any trustee;

 

(6)           any originator;

  

9-9

  

 

(7)           any significant obligor;

 

(8)           any enhancement or support provider; and

 

(9)           any other material transaction party.

 

(b)           If so requested in writing by the Purchaser or any Depositor, the Company shall provide (or, as applicable, cause each Third-Party Originator to provide) Static Pool Information solely with respect to securitized pools of mortgage loans (of a similar type as the Mortgage Loans, as reasonably identified by the Purchaser as provided below) that were originated by the Seller or a Third Party Originator and included in securitizations that closed during the five (5) years preceding the closing date of the related Securitization Transaction and for which Seller or a third party was the depositor.  Such Static Pool Information shall be prepared by the Company (or Third-Party Originator) on the basis of its reasonable, good faith interpretation of the requirements of Item 1105(a)(1)-(3) of Regulation AB.  To the extent that there is reasonably available to the Company (or Third-Party Originator) Static Pool Information with respect to more than one mortgage loan type, the Purchaser or any Depositor shall be entitled to specify whether some or all of such information shall be provided pursuant to this paragraph.  The content of such Static Pool Information may be in the form customarily provided by the Company, and need not be customized for the Purchaser or any Depositor.  Such Static Pool Information for each prior securitized pool shall be presented in increments no less frequently than quarterly over the life of the mortgage loans included in such prior securitized pool.  The most recent periodic increment must be as of a date no later than 135 days prior to the date of the prospectus or other offering document in which the Static Pool Information is to be included or incorporated by reference.  The Static Pool Information shall be provided in an electronic format that provides a permanent record of the information provided, such as a portable document format (pdf) file, or other such electronic format reasonably required by the Purchaser or the Depositor, as applicable.

 

Promptly following notice or discovery of a material error in Static Pool Information provided pursuant to the immediately preceding paragraph (including an omission to include therein information required to be provided pursuant to such paragraph) during the applicable offering period for the securities, the Company shall provide corrected Static Pool Information to the Purchaser or any Depositor, as applicable, in the same format in which Static Pool Information was previously provided to such party by the Company.

 

If so requested in writing by the Purchaser or any Depositor, the Company shall provide (or, as applicable, cause each Third-Party Originator to provide), at the expense of the requesting party (to the extent of any additional incremental expense associated with delivery pursuant to this Regulation AB Addendum), such statements and agreed-upon procedures letters of certified public accountants reasonably acceptable to the Purchaser or Depositor, as applicable, pertaining to Static Pool Information relating to securitizations closed on or after January 1, 2006, as the Purchaser or such Depositor shall reasonably request.  Such statements and letters shall be addressed to and be for the benefit of such parties as the Purchaser or such Depositor shall designate, which may include, by way of example, any Sponsor, any Depositor and any broker dealer acting as underwriter, placement agent or initial purchaser with respect to a Securitization Transaction.  Any such statement or letter may take the form of a standard, generally applicable document accompanied by a reliance letter authorizing reliance by the addressees designated by the Purchaser or such Depositor.

  

9-10

  

 

(c)           If so requested in writing by the Purchaser or any Depositor, the Company shall provide such information regarding the Company, as servicer of the Mortgage Loans, and each Subservicer (each of the Company and each Subservicer, for purposes of this paragraph, a “Servicer”), as is requested for the purpose of compliance with Item 1108, 1111, 1117 and 1119 of Regulation AB.  Such information shall include, at a minimum:

 

(A)           the Servicer’s form of organization;

 

(B)           a description of how long the Servicer has been servicing residential mortgage loans; a general discussion of the Servicer’s experience in servicing assets of any type as well as a more detailed discussion of the Servicer’s experience in, and procedures for, the servicing function it will perform under the Agreement and any Reconstitution Agreements; information regarding the size, composition and growth of the Servicer’s portfolio of residential mortgage loans of a type similar to the Mortgage Loans and information on factors related to the Servicer that may be material, in the good faith judgment of the Purchaser or any Depositor, to any analysis of the servicing of the Mortgage Loans or the related asset-backed securities, as applicable, including, without limitation:

 

(1)           whether any prior securitizations of mortgage loans of a type similar to the Mortgage Loans involving the Servicer have defaulted or experienced an early amortization or other performance triggering event because of servicing by the Servicer during the three-year period immediately preceding the related Securitization Transaction;

 

(2)           the extent of outsourcing the Servicer utilizes;

 

(3)           whether there has been previous disclosure of material noncompliance with the applicable servicing criteria with respect to other securitizations of residential mortgage loans involving the Servicer as a servicer during the three-year period immediately preceding the related Securitization Transaction;

 

(4)           whether the Servicer has been terminated as servicer in a residential mortgage loan securitization, either due to a servicing default or to application of a servicing performance test or trigger; and

 

(5)           such other information as the Purchaser or any Depositor may reasonably request for the purpose of compliance with Item 1108(b)(2) of Regulation AB;

 

(C)           a description of any material changes during the three-year period immediately preceding the related Securitization Transaction to the Servicer’s policies or procedures with respect to the servicing function it will perform under the Agreement and any Reconstitution Agreements for mortgage loans of a type similar to the Mortgage Loans;

 

(D)           information regarding the Servicer’s financial condition, to the extent that there is a material risk that an adverse financial event or circumstance involving the Servicer could have a material adverse effect on the performance by the Company of its servicing obligations under the Agreement or any Reconstitution Agreement;

  

9-11

  

 

(E)           information regarding advances made by the Servicer on the Mortgage Loans and the Servicer’s overall servicing portfolio of residential mortgage loans for the three-year period immediately preceding the related Securitization Transaction, which may be limited to a statement by an authorized officer of the Servicer to the effect that the Servicer has made all advances required to be made on residential mortgage loans serviced by it during such period, or, if such statement would not be accurate, information regarding the percentage and type of advances not made as required, and the reasons for such failure to advance;

 

(F)           a description of the Servicer’s processes and procedures designed to address any special or unique factors involved in servicing loans of a similar type as the Mortgage Loans;

 

(G)           a description of the Servicer’s processes for handling delinquencies, losses, bankruptcies and recoveries, such as through liquidation of mortgaged properties, sale of defaulted mortgage loans or workouts; and

 

(H)           information as to how the Servicer defines or determines delinquencies and charge-offs, including the effect of any grace period, re-aging, restructuring, partial payments considered current or other practices with respect to delinquency and loss experience.

 

(I)           a description of any legal or governmental proceedings pending (or known to be contemplated) against the Servicer that would be material to securityholders; and

 

(J)           a description of any affiliation or relationship between the Servicer and any of the following parties to a Securitization Transaction, as such parties are identified to the Servicer by the Purchaser or any Depositor in writing in advance of a Securitization Transaction.

 

(1)           the sponsor;

 

(2)           the depositor;

 

(3)           the issuing entity;

 

(4)           any servicer;

 

(5)           any trustee;

 

(6)           any originator;

 

(7)           any significant obligor;

 

(8)           any enhancement or support provider; and

 

(9)           any other material transaction party.

 

  

9-12

  

 

(d)           For the purpose of satisfying its reporting obligation under the Exchange Act with respect to any class of asset-backed securities, for so long as the Depositor is required to file reports under the Exchange Act with respect to a Securitization Transaction, the Company shall (or shall cause each Subservicer and Third-Party Originator to) (i) provide prompt notice to the Purchaser, any Master Servicer and any Depositor in writing of (A) any litigation or governmental proceedings pending against the Company, any Subservicer or any Third-Party Originator that would be material to securityholders and (B) any affiliations or relationships that develop following the closing date of a Securitization Transaction between the Company, any Subservicer or any Third-Party Originator and any of the parties specified in clause (D) of paragraph (a) of this Section (and any other parties identified in writing by the requesting party) with respect to such Securitization Transaction, but only to the extent that such affiliations or relationships do not include the Purchaser, Depositor or any of their respective affiliates as a party, (C) any Event of Default of which it is aware or has received notice under the terms of the Agreement or any Reconstitution Agreement, (D) any merger or consolidation where the Company is not the surviving entity or sale of substantially all of the assets of the Company, and (E) the Company’s entry into an agreement with a Subservicer to perform or assist in the performance of any of the Company’s obligations under the Agreement or any Reconstitution Agreement and (ii) provide to the Purchaser and any Depositor a description of such proceedings, affiliations or relationships.

 

(e)           As a condition to the succession to the Company or any Subservicer as servicer or subservicer under the Agreement or any Reconstitution Agreement by any Person (i) into which the Company or such Subservicer may be merged or consolidated, or (ii) which may be appointed as a successor to the Company or any Subservicer, the Company shall provide to the Purchaser, any Master Servicer and any Depositor, at least 15 calendar days prior to the effective date of such succession or appointment, (x) written notice to the Purchaser and any Depositor of such succession or appointment and (y) in writing and in form and substance reasonably satisfactory to the Purchaser and such Depositor, all information reasonably requested in writing by the Purchaser or any Depositor in order to comply with its reporting obligation under Item 6.02 of Form 8-K with respect to any class of asset-backed securities.

 

(f)           In addition to such information as the Company, as servicer, is obligated to provide pursuant to other provisions of the Agreement, not later than ten (10) days prior to the deadline for the filing of any distribution report on Form 10-D in respect of any Securitization Transaction that includes any of the Mortgage Loans serviced by the Company or any Subservicer, the Company or such Subservicer, as applicable, shall, to the extent the Company or such Subservicer has knowledge, provide to the party responsible for filing such report (including, if applicable, the Master Servicer) notice of the occurrence of any of the following events along with all information, data and materials related thereto and reasonably available to it as may be required to be included in the related distribution report on Form 10-D (as specified in the provisions of Regulation AB referenced below):

 

(i)           any modifications, extensions or waivers of pool asset terms, fees, penalties or payments during the distribution period or that have cumulatively become material over time (Item 1121(a)(11) of Regulation AB) that would be material to the securityholders;

 

(ii)           breaches of pool asset representations or warranties or transaction covenants (Item 1121(a)(12) of Regulation AB) that would be material to the securityholders; and

 

(iii)           information regarding new asset-backed securities issuances backed by the same pool assets, any pool asset changes (such as additions, substitutions or repurchases), and any changes in origination, underwriting or other criteria for acquisition or selection of pool assets (Item 1121(a)(14) of Regulation AB) that would be material to the securityholders.

  

9-13

  

 

(g)           The Company shall provide to the Purchaser, any Master Servicer and any Depositor, upon written request, evidence of the authorization of the person signing any certification or statement, copies or other evidence of Fidelity Bond Insurance and Errors and Omissions Insurance policies, and, to the extent material to securityholders, such other information related to the Company or any Subservicer of the Company’s or such Subservicer’s performance hereunder.

 

Subsection 2.04       Servicer Compliance Statement.

 

On or before March 5th of each calendar year when the Depositor is required to file reports under the Exchange Act with respect to the related Securitization Transaction, commencing in 2011, the Company shall deliver to the Purchaser and any Master Servicer, or any Depositor if a Master Servicer has not been identified for the related Securitization Transaction, a statement of compliance addressed to such parties and signed by an authorized officer of the Company, to the effect that (i) a review of the Company’s activities during the immediately preceding calendar year (or applicable portion thereof) and of its performance under the Agreement and any applicable Reconstitution Agreement during such period has been made under such officer’s supervision, and (ii) to the best of such officers’ knowledge, based on such review, the Company has fulfilled all of its obligations under the Agreement and any applicable Reconstitution Agreement in all material respects throughout such calendar year (or applicable portion thereof) or, if there has been a failure to fulfill any such obligation in any material respect, specifically identifying each such failure known to such officer and the nature and the status thereof.

 

Subsection 2.05       Report on Assessment of Compliance and Attestation.

 

(a)           On or before March 5th of each calendar year when the Depositor is required to file reports under the Exchange Act with respect to the related Securitization Transaction, commencing in 2011, the Company shall:

 

(i)           deliver to the Purchaser and any Master Servicer, or any Depositor if a Master Servicer has not been identified for the related Securitization Transaction, a report (in form and substance reasonably satisfactory to such parties) regarding the Company’s assessment of compliance with the Servicing Criteria during the immediately preceding calendar year, as required under Rules 13a-18 and 15d-18 of the Exchange Act and Item 1122 of Regulation AB.  Such report shall be addressed to such parties and signed by an authorized officer of the Company, and shall address each of the “Applicable Servicing Criteria,” applying such Applicable Servicing Criteria in a manner such that “investor” shall mean any Master Servicer or Trustee on behalf of the trust;

 

(ii)           deliver to the Purchaser and any Master Servicer, or any Depositor if a Master Servicer has not been identified for the related Securitization Transaction, a report of a registered public accounting firm reasonably acceptable to such parties that attests to, and reports on, the assessment of compliance made by the Company and delivered pursuant to the preceding paragraph.  Such attestation shall be in accordance with Rules 1-02(a)(3) and 2-02(g) of Regulation S-X under the Securities Act and the Exchange Act;

  

9-14

  

 

(iii)           cause each Subservicer, and each Subcontractor determined by the Company pursuant to Section 2.06(b) to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB, to deliver to the Purchaser and any Master Servicer, or any Depositor if a Master Servicer has not been identified for the related Securitization Transaction, an assessment of compliance and accountants’ attestation as and when provided in paragraphs (a) and (b) of this Section; and

 

(iv)           deliver, and cause each Subservicer, and each Subcontractor determined by the Company pursuant to Section 2.06(b) to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB, to deliver, to the Purchaser and any Master Servicer, or any Depositor if a Master Servicer has not been identified for the related Securitization Transaction, and any other Person that will be responsible for signing the certification (a “Sarbanes Certification”) required by Rules 13a-14(d) and 15d-14(d) under the Exchange Act (pursuant to Section 302 of the Sarbanes-Oxley Act of 2002) on behalf of an asset-backed issuer with respect to a Securitization Transaction a certification, signed by the appropriate officer of the Company, in the form attached hereto as Exhibit A.

 

The Company acknowledges that the parties identified in clause (a)(iv) above may rely on the certification provided by the Company pursuant to such clause in signing a Sarbanes Certification and filing such with the Commission.  Neither the Purchaser nor any Depositor will request delivery of a certification under clause (a)(iv) above unless a Depositor is required under the Exchange Act to file an annual report on Form 10-K with respect to an issuing entity whose asset pool includes Mortgage Loans.

 

(b)           Each assessment of compliance provided by a Subservicer pursuant to Section 2.05(a)(iii) shall address each of the Applicable Servicing Criteria for which such Subservicer is responsible for the period from and after the date of appointment of the Subservicer.  An assessment of compliance provided by a Subcontractor pursuant to Section 2.05(a)(iii) need not address any elements of the Servicing Criteria other than those specified by the Company pursuant to Section 2.06.

 

Subsection 2.06        Use of Subservicers and Subcontractors.

 

The Company shall not hire or otherwise utilize the services of any Subservicer to fulfill any of the obligations of the Company as servicer under the Agreement or any Reconstitution Agreement unless the Company complies with the provisions of paragraph (a) of this Section.  The Company shall not hire or otherwise utilize the services of any Subcontractor, and shall not authorize any Subservicer to hire or otherwise utilize the services of any Subcontractor, to fulfill any of the obligations of the Company as servicer under the Agreement or any Reconstitution Agreement unless the Company complies with the provisions of paragraph (b) of this Section.

 

(a)           It shall not be necessary for the Company to seek the consent of the Purchaser, any Master Servicer or any Depositor to the utilization of any Subservicer.  The Company shall cause any Subservicer used by the Company (or by any Subservicer) for the benefit of the Purchaser and any Depositor to comply with the provisions of this Section and with Sections 2.02, 2.03(c), (e), (f) and (g), 2.04, 2.05 and 2.07 of this Regulation AB Addendum to the same extent as if such Subservicer were the Company, and to provide the information required with respect to such Subservicer under Section 2.03(d) of this Regulation AB Addendum.  The Company shall be responsible for obtaining from each Subservicer and delivering to the Purchaser and any Depositor any servicer compliance statement required to be delivered by such Subservicer under Section 2.04, any assessment of compliance and attestation required to be delivered by such Subservicer under Section 2.05 and any certification required to be delivered to the Person that will be responsible for signing the Sarbanes Certification under Section 2.05 as and when required to be delivered.

  

9-15

  

 

(b)           It shall not be necessary for the Company to seek the consent of the Purchaser, any Master Servicer or any Depositor to the utilization of any Subcontractor.  The Company shall promptly upon written request provide to the Purchaser and any Master Servicer, or any Depositor (or any designee of the Depositor, such as an administrator) if a Master Servicer has not been identified for the related Securitization Transaction, a written description (in form and substance reasonably satisfactory to such parties) of the role and function of each Subcontractor utilized by the Company or any Subservicer, specifying (i) the identity of each such Subcontractor, (ii) which (if any) of such Subcontractors are “participating in the servicing function” within the meaning of Item 1122 of Regulation AB and (iii) which elements of the Servicing Criteria will be addressed in assessments of compliance provided by each Subcontractor identified pursuant to clause (ii) of this paragraph.

 

(c)           As a condition to the utilization of any Subcontractor determined to be “participating in the servicing function” within the meaning of Item 1122 of Regulation AB, the Company shall cause any such Subcontractor used by the Company (or by any Subservicer) for the benefit of the Purchaser and any Depositor to comply with the provisions of Sections 2.05 and 2.07 of this Regulation AB Addendum to the same extent as if such Subcontractor were the Company.  The Company shall be responsible for obtaining from each Subcontractor and delivering to the Purchaser and any Depositor any assessment of compliance and attestation required to be delivered by such Subcontractor under Section 2.05, in each case as and when required to be delivered.

 

Subsection 2.07       Indemnification; Remedies.

 

(a)           The Company shall indemnify the Purchaser, each affiliate of the Purchaser, and each of the following parties participating in a Securitization Transaction: each Sponsor; each issuing entity; each Person (including, but not limited to, any Master Servicer if applicable) responsible for the preparation, execution or filing of any report required to be filed with the Commission with respect to such Securitization Transaction, or for execution of a certification pursuant to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange Act with respect to such Securitization Transaction; each broker dealer acting as underwriter, placement agent or initial purchaser, each Person who controls any of such parties or the Depositor (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act); and the respective present and former directors, officers, employees, agents and affiliates of each of the foregoing and of the Depositor (each, an “Indemnified Party”), and shall hold each of them harmless from and against any claims, losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments, and any other costs, fees and expenses that any of them may sustain arising out of or based upon:

  

9-16

  

 

(i)           (A)  any untrue statement of a material fact contained or alleged to be contained in any information, report, certification, accountants’ letter or other material provided in written or electronic format under this Article II by or on behalf of the Company, or provided under this Section II by or on behalf of any Subservicer, Subcontractor or Third-Party Originator (collectively, the “Company Information”), or (B) the omission or alleged omission to state in the Company Information a material fact required to be stated in the Company Information or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, by way of clarification, that clause (B) of this paragraph shall be construed solely by reference to the Company Information and not to any other information communicated in connection with a sale or purchase of securities, without regard to whether the Company Information or any portion thereof is presented together with or separately from such other information;

 

(ii)           any breach by the Company of its obligations under this Section II, including particularly any failure by the Company, any Subservicer, any Subcontractor or any Third-Party Originator to deliver any information, report, certification, accountants’ letter or other material when and as required under this Section II, including any failure by the Company to identify pursuant to Section 2.06(b) any Subcontractor “participating in the servicing function” within the meaning of Item 1122 of Regulation AB;

 

(iii)           any breach by the Company of a representation or warranty set forth in Section 2.02(a) or in a writing furnished pursuant to Section 2.02(b) and made as of a date prior to the closing date of the related Securitization Transaction, to the extent that such breach is not cured by such closing date, or any breach by the Company of a representation or warranty in a writing furnished pursuant to Section 2.02(b) to the extent made as of a date subsequent to such closing date, or

 

(iv)           the negligence, bad faith or willful misconduct of the Company in connection with its performance under this Article II.

 

If the indemnification provided for herein is unavailable or insufficient to hold harmless an Indemnified Party, then the Company agrees that it shall contribute to the amount paid or payable by such Indemnified Party as a result of any claims, losses, damages or liabilities incurred by such Indemnified Party in such proportion as is appropriate to reflect the relative fault of such Indemnified Party on the one hand and the Company on the other.

 

In the case of any failure of performance described in clause (a)(ii) of this Section 2.07, the Company shall promptly reimburse the Purchaser, any Depositor, as applicable, and each Person responsible for the preparation, execution or filing of any report required to be filed with the Commission with respect to such Securitization Transaction, or for execution of a certification pursuant to Rule 13a-14(d) or Rule 15d-14(d) under the Exchange Act with respect to such Securitization Transaction, for all costs reasonably incurred by each such party in order to obtain the information, report, certification, accountants’ letter or other material not delivered as required by the Company, any Subservicer, any Subcontractor or any Third-Party Originator.

 

This indemnification shall survive the termination of the Agreement or the termination of any party to the Agreement.

  

9-17

  

 

(b)           (i)  Any failure by the Company, any Subservicer, any Subcontractor or any Third-Party Originator to deliver any information, report, certification, accountants’ letter or other material when and as required under this Section II, to the extent that such failure continues unremedied for two (2) Business Days after the date on which such information, report, certification, accountants’ letter or other material was required to be delivered, or any breach by the Company of a representation or warranty set forth in Section 2.02(a) or in a writing furnished pursuant to Section 2.02(b) and made as of a date prior to the closing date of the related Securitization Transaction, to the extent that such breach is not cured by such closing date, or any breach by the Company of a representation or warranty in a writing furnished pursuant to Section 2.02(b) to the extent made as of a date subsequent to such closing date, shall, except as provided in clause (ii) of this paragraph, immediately and automatically, without notice or grace period, constitute an Event of Default with respect to the Company under the Agreement and any applicable Reconstitution Agreement, and shall entitle the Purchaser or Depositor, as applicable, in its sole discretion to terminate the rights and obligations of the Company as servicer under the Agreement and/or any applicable Reconstitution Agreement without payment (notwithstanding anything in the Agreement or any applicable Reconstitution Agreement to the contrary) of any compensation to the Company (and, if the Company is servicing any of the Mortgage Loans in a Securitization Transaction, appoint a successor servicer reasonably acceptable to any Master Servicer for such Securitization Transaction); provided that to the extent that any provision of the Agreement and/or any applicable Reconstitution Agreement expressly provides for the survival of certain rights or obligations following termination of the Company as servicer, such provision shall be given effect.

 

(ii)           Any failure by the Company, any Subservicer or any Subcontractor to deliver any information, report, certification or accountants’ letter when and as required under Section 2.04 or 2.05, including (except as provided below) any failure by the Company to identify pursuant to Section 2.06(b) any Subcontractor “participating in the servicing function” within the meaning of Item 1122 of Regulation AB, which continues unremedied for ten (10) calendar days after the date on which such information, report, certification or accountants’ letter was required to be delivered shall constitute an Event of Default with respect to the Company under the Agreement and any applicable Reconstitution Agreement, and shall entitle the Purchaser, any Master Servicer or any Depositor, as applicable, in its sole discretion to terminate the rights and obligations of the Company as servicer under the Agreement and/or any applicable Reconstitution Agreement without payment (notwithstanding anything in this Agreement to the contrary) of any compensation to the Company; provided that to the extent that any provision of the Agreement and/or any applicable Reconstitution Agreement expressly provides for the survival of certain rights or obligations following termination of the Company as servicer, such provision shall be given effect.

 

Neither the Purchaser nor any Depositor shall be entitled to terminate the rights and obligations of the Company pursuant to this subparagraph (b)(ii) if a failure of the Company to identify a Subcontractor “participating in the servicing function” within the meaning of Items 1122 of Regulation AB was attributable solely to the role or functions of such Subcontractor with respect to mortgage loans other than the Mortgage Loans.

 

(iii)           The Company shall promptly reimburse the Purchaser (or any designee of the Purchaser), any Master Servicer and any Depositor, as applicable, for all reasonable expenses incurred by the Purchaser (or such designee) or such Depositor, as such are incurred, in connection with the termination of the Company as servicer and the transfer of servicing of the Mortgage Loans to a successor servicer.  The provisions of this paragraph shall not limit whatever rights the Purchaser or any Depositor may have under other provisions of the Agreement and/or any applicable Reconstitution Agreement or otherwise, whether in equity or at law, such as an action for damages, specific performance or injunctive relief.

  

9-18

  

 

Subsection 2.08        Third-party Beneficiary.

 

For purposes of this Regulation AB Addendum and any related provisions thereto, each Master Servicer shall be considered a third-party beneficiary of the Agreement, entitled to all the rights and benefits hereof as if it were a direct party to the Agreement.

  

9-19

  

EXHIBIT A

 

FORM OF ANNUAL CERTIFICATION

 

Re:  The [  ] agreement dated as of [  ], 20[  ] (the “Agreement”), among

 

[IDENTIFY PARTIES]

 

I, ________________________________, the _____________________ of [ ] certify to [the Purchaser], [the Depositor], and the [Master Servicer] [Securities Administrator] [Trustee], and their officers, with the knowledge and intent that they will rely upon this certification, that:

 

(1)           I have reviewed the servicer compliance statement of the Company provided in accordance with Item 1123 of Regulation AB (the “Compliance Statement”), the report on assessment of the Company’s compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB and identified as the responsibility of the Company on Exhibit B to the Regulation AB Compliance Addendum to the Agreement (the “Servicing Criteria”), provided in accordance with Rules 13a-18 and 15d-18 under Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Item 1122 of Regulation AB (the “Servicing Assessment”), the registered public accounting firm’s attestation report provided in accordance with Rules 13a-18 and 15d-18 under the Exchange Act and Section 1122(b) of Regulation AB (the “Attestation Report”), and all servicing reports, officer’s certificates and other information relating to the servicing of the Mortgage Loans by the Company during 20[ ] that were delivered by the Company to the [Depositor] [Master Servicer] pursuant to the Agreement (collectively, the “Company Servicing Information”);

 

(2)           Based on my knowledge, the Company Servicing Information, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in the light of the circumstances under which such statements were made, not misleading with respect to the period of time covered by the Company Servicing Information;

 

(3)           Based on my knowledge, all of the Company Servicing Information required to be provided by the Company under the Agreement has been provided to the [Depositor] [Master Servicer];

 

(4)           I am responsible for reviewing the activities performed by the Company as servicer under the Agreement, and based on my knowledge and the compliance review conducted in preparing the Compliance Statement and except as disclosed in the Compliance Statement, the Servicing Assessment or the Attestation Report, the Company has fulfilled its obligations under the Agreement in all material respects; and

 

(5)           The Compliance Statement required to be delivered by the Company pursuant to the Agreement, and the Servicing Assessment and Attestation Report required to be provided by the Company and by any Subservicer or Subcontractor pursuant to the Agreement, have been provided to the [Depositor] [Master Servicer].  Any material instances of noncompliance described in such reports have been disclosed to the [Depositor] [Master Servicer].  Any material instance of noncompliance with the Servicing Criteria has been disclosed in such reports.

  

9-20

  

 

	 	
Date:

	 
	 	 	 
	  	
By:

	  
	  	
Name:  

	  
	  	
Title:

	  

 

  

9-21

  

EXHIBIT B

 

SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE

 

The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”;

	Servicing Criteria	  	
Applicable

Servicing

Criteria

	
Reference

	  	
Criteria

	  	  
	 	  	
General Servicing Considerations

	  	  
	
1122(d)(1)(i)

	  	
Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements.

	  	
x

	
1122(d)(1)(ii)

	  	
If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities.

	  	
x

	
1122(d)(1)(iii)

	  	
Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained.

	  	  
	
1122(d)(1)(iv)

	  	
A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements.

	  	
x

	  	  	
Cash Collection and Administration

	  	  
	
1122(d)(2)(i)

	  	
Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements.

	  	
x

	
1122(d)(2)(ii)

	  	
Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.

	  	
x

	
1122(d)(2)(iii)

	  	
Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements.

	  	
x

	
1122(d)(2)(iv)

	  	
The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements.

	  	
x

	
1122(d)(2)(v)

	  	
Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements.  For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act.

	  	
x

	
1122(d)(2)(vi)

	  	
Unissued checks are safeguarded so as to prevent unauthorized access.

	  	
x

 

  

9-22

  

	
1122(d)(2)(vii)

	  	
Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts.  These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items.  These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements.

	  	
x

	  	  	
Investor Remittances and Reporting

	  	  
	
1122(d)(3)(i)

	  	
Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements.  Specifically, such reports (A) are prepared in accordance with timeframes and other terms  set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer.

	  	
x

	
1122(d)(3)(ii)

	  	
Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements.

	  	
x

	
1122(d)(3)(iii)

	  	
Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements.

	  	
x

	
1122(d)(3)(iv)

	  	
Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.

	  	
x

	  	  	
Pool Asset Administration

	  	  
	
1122(d)(4)(i)

	  	
Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents.

	  	
x

	
1122(d)(4)(ii)

	  	
Mortgage loan and related documents are safeguarded as required by the transaction agreements.

	  	
x

	
1122(d)(4)(iii)

	  	
Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements.

	  	
x

	
1122(d)(4)(iv)

	  	
Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents.

	  	
x

	
1122(d)(4)(v)

	  	
The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance.

	  	
x

 

  

9-23

  

	
1122(d)(4)(vi)

	  	
Changes with respect to the terms or status of an obligor’s mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents.

	  	
x

	
1122(d)(4)(vii)

	  	
Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements.

	  	
x

	
1122(d)(4)(viii)

	  	
Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment).

	  	
x

	
1122(d)(4)(ix)

	  	
Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents.

	  	
x

	
1122(d)(4)(x)

	  	
Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the Mortgage Loans, or such other number of days specified in the transaction agreements.

	  	
x

	
1122(d)(4)(xi)

	  	
Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements.

	  	
X

	
1122(d)(4)(xii)

	  	
Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission.

	  	
x

	
1122(d)(4)(xiii)

	  	
Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements.

	  	
x

	
1122(d)(4)(xiv)

	  	
Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.

	  	
x

	
1122(d)(4)(xv)

	
  

	
Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements.

	
  

	  

 

  

9-24

  

	  	
[NAME OF SUBSERVICER]

	  	  
	  	
Date:

	  
	  	  	  
	  	
By:

	  
	  	
Name:  

	  
	  	
Title:

	  

 

  

9-25

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00194-of-00352.parquet"}]]