Document:

Prepared by MERRILL CORPORATION

Exhibit 10.1  

 [New Century Letterhead]  

September 7, 2001 

VIA FEDERAL EXPRESS  

Ocwen Federal Bank FSB

The Forum, Suite 1002

1675 Palm Beach Lakes Blvd.

West Palm Beach, FL 33401

Attn: Art Castner

         Scott Conradson 

    Re:         "High
Risk" First Payment Default Category 

Ladies
and Gentlemen: 

    We
refer to the Residential Flow Interim Servicing Rights Purchase Agreement (the "Agreement") dated as of March 1, 2001 by and between Ocwen Federal Bank FSB and New Century Mortgage
Corporation, pursuant to which you service certain mortgage loans owned by us from time to time. Terms capitalized and used herein without being defined will have the meanings given to them in the
Agreement. 

    In
order to minimize first payment defaults on certain high-risk mortgage loans, you agree that, in addition to your servicing obligations pursuant to the Agreement, you will provide
the following additional services for certain high-risk loans with a status code of "1P" (the "High-Risk Loans") when such loans are boarded upon your servicing platform: 

    1.  You
will attempt to contact the borrower(s) or their designated contact person (the "right party contact") under such High-Risk Loans at least twice per week as
part of a separate Welcome call
campaign. During such call, you will update and verify all information with the right party contact, including, but not limited to, the date of first payment. 

    2.  If
you are unable to contact the right party contact, the High Risk Loan will be referred to us to verify the information. If we cannot provide any additional
information, the High Risk Loan will be forwarded to your Skiptrace department. 

    3.  If
a High-Risk Loan for which you have not been able to contact a right party contact becomes 5 days delinquent with respect to its first payment, you will order a
field chase through National Creditors or equivalent agency at a cost of $50 per field chase to be paid by us. In connection with such field chase, a minimum of three attempts will be made to contact
the right party contact, at least one of which shall occur after 6 p.m. If contact is made, field chase agents will have the customer call your office to set up payment arrangements. National
Creditors will also provide to you a weekly status report of all field chases in progress. You will provide us with notification of all High Risk Loans for which you are not able to contact for
verification of information. 

    4.  If
a High-Risk Loan becomes 5 days delinquent with respect to its first payment, you will send an Early Late letter to the borrower(s) reminding them that their
payment was due. This letter will also include your payment address and specify methods of payment. This Early Late letter will be sent to all such borrower(s) regardless of whether a right party
contact has been made. 

    5.  Based
on your current payment logic, you will accept first payments up to the date of demand on your system. You will continue to have your agents stress urgent
types of payments, such as quick collects, phone pays and overnights, when discussing payments with the borrower(s). 

    6.  You will provide a weekly report on all High-Risk Loans that are 15 or more days delinquent with respect to the first payment. With respect to each such High-Risk
Loan, this report will contain (i) the number of contacts with the borrower(s), (ii) the outcome of the last contact with the borrower(s) and (iii) the reason for the delinquency, if known. Also, this
report will contain a cure ratio on all High-Risk Loans greater than 30 days late with respect to the first payment. You will also make a representative available to us for a weekly meeting to discuss
any issues or concerns that arise from this report. 

    7.  In
consideration for the foregoing, we agree to pay an additional fee of $1 per High-Risk Loan per month for as long as such High-Risk Loan is being serviced in
accordance with this letter agreement. Once, the first payment with respect to any High-Risk Loan is received, such loan shall no longer be serviced in accordance with this letter agreement. 

    Please
indicate your agreement to the foregoing by acknowledging this letter in the space provided below. 

	 	 	Very Truly Yours,
	

 	
 	
NEW CENTURY MORTGAGE CORPORATION
	

 	
 	

By:	
 	

/s/ PATRICK FLANAGAN   

	 	 	Name:	 	Patrick Flanagan
	 	 	Title:	 	Executive Vice President

Acknowledged
and Agreed to this

  day of September, 2001 

	OCWEN FEDERAL BANK FSB	 	 
	

By:	
 	

/s/ SCOTT CONRADSON   
	
 	

 
	Name:	 	Scott Conradson	 	 
	Title:	 	Senior Vice PresidentPrepared by MERRILL CORPORATION

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Exhibit 10.2

Execution Copy  

  
 

    AMENDMENT NO. 6
  TO MASTER LOAN AND SECURITY AGREEMENT    
  

    This AMENDMENT NO. 6 is dated as of October 29, 2001 (this "Amendment"), and amends the Master Loan and Security Agreement, dated as of December 1, 2000, as
amended (the "Loan and Security Agreement"), and is between NC Capital Corporation and Morgan Stanley Dean Witter Mortgage Capital Inc. 

 
 

WITNESSETH:    
  

    WHEREAS, the parties hereto desire to make a certain amendment to the Loan and Security Agreement as hereinafter set forth; and 

    WHEREAS,
pursuant to Section 11.4 of the Loan and Security Agreement, the parties hereto are permitted to amend the Loan and Security Agreement: 

    NOW
THEREFORE, in consideration of the above recitals and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto
agree as follows: 

    SECTION
1.  Definitions.  Capitalized terms used herein but not defined shall have the meanings set forth
in the Loan and Security Agreement. 

    SECTION
2.  Amendment.  The Loan and Security Agreement is hereby amended as set forth below: 

The
definition of the term "Maximum Credit" is hereby amended in its entirety to read as follows: 

"Maximum Credit" shall mean $500,000,000 from the date hereof through and including November 1, 2001, and shall mean at all times thereafter,
$400,000,000, in each case as reduced in accordance with Section 2.1 hereof. 

    SECTION
3.  Survival.  Except as expressly amended hereby, the Loan and Security Agreement shall continue
in full force and effect in accordance with the provisions thereof and the Loan and Security Agreement is in all respects hereby ratified, confirmed and preserved. This Amendment and all its
provisions shall be deemed a part of the Loan and Security Agreement in the manner and to the extent herein provided. 

    SECTION
4.  Successors and Assigns.  This Amendment shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and permitted assigns. 

    SECTION
5.  Governing Law.  This Amendment shall be governed by New York law without reference to its
choice of law doctrine. 

    SECTION
6.  Counterparts.  This Amendment may be executed in any number of counterparts, all of which
taken together shall constitute one and the same instrument, and any of the parties hereto may execute this Amendment by signing any such counterpart. 

*
* * 

    IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 6 to be duly executed as of this 29th day of October 2001. 

	 	 	NC CAPITAL CORPORATION
	

 	
 	

By:	
 	

/s/ PATRICK FLANAGAN   

	 	 	Name:	 	Patrick Flanagan
	 	 	Title:	 	President
	

 	
 	
MORGAN STANLEY DEAN WITTER MORTGAGE CAPITAL INC.
	

 	
 	

By:	
 	

/s/ ANDREW B. NEWBERGER   

	 	 	Name:	 	Andrew B. Newberger
	 	 	Title:	 	Vice President

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AMENDMENT NO. 6 TO MASTER LOAN AND SECURITY AGREEMENT

WITNESSETH<Page>

                                                                   EXHIBIT 10.60

                               7TH WAVE CONSULTING
                               Heartsoft Agreement

May 17, 2001

Heartsoft
3101 North Hemlock Circle
Broken Arrow, OK  74012

This agreement is made as of this the 17th day of May 2001, by and between
7th Wave Consulting a California based company, having an address at 1047
Gull Avenue, Foster City, CA 94404, and Heartsoft, a Oklahoma corporation,
having an address at 3101 North Hemlock Circle, Broken Arrow, OK 74012.

This agreement will allow for compensation to 7th Wave Consulting for
referring Heartsoft's Internet Safari product to Mega Systems for distribution
into the US and/or International retail sales channel. The terms of this
agreement will be based on 7th Wave consulting introducing and presenting
Heartsoft's Internet Safari product to Mega Systems, working with Heartsoft
during the contract stage and advising Heartsoft on the opportunity.

In consideration for this service, 7th Wave Consulting shall be paid a
one-time fee of         for the introduction to an entity providing the service
of retail distribution. The one-time fee of         is due with-in 30 days of
signing the contract between Heartsoft and Mega Systems.

Accepted by / Date: /s/ Benjamin P. Shell 5/21/01
                    -----------------------------

Accepted by / Date:  /s/ Jerry Rosenbusch 5/21/01
                     ----------------------------<Page>

                                                                   EXHIBIT 10.61

                              CONSULTING AGREEMENT

         THIS AGREEMENT is dated the 1st day of June, 2001, between INTERCAP
FUNDING LTD., 649 Arlington Avenue, Westfield, New Jersey 07090 (the
"Consultant"); and HEARTSOFT, INC., 3101 North Hemlock Circle, Broken Arrow,
Oklahoma 74012 (the "Company").

         WHEREAS, pursuant to that certain Non Circumvention and Consulting
Agreement by and between the Company and Consultant dated February 1, 1999
(the "Non Circumvention and Consulting Agreement"), the Company retained the
Consultant to provide certain consulting services on a best efforts basis;

         WHEREAS, the Company wishes to continue to retain the Consultant to
provide certain consulting services on a best efforts basis and both parties
desire to replace the Non Circumvention and Consulting Agreement with this
Agreement; and

         WHEREAS, the Company wishes to retain the Consultant to provide the
services as hereinafter more specifically described and the Consultant has
agreed to be so retained to provide such services on a best efforts basis
during the term of this Agreement.

         NOW, THEREFORE, in consideration of the covenants and agreements
hereinafter expressed, the parties agree as follows:

         Section 1. TERM OF AGREEMENT. This Agreement shall begin on June 1,
2001, and remain in effect for one hundred and eighty (180) days and shall be
considered renewed on the first day of each month thereafter by mutual consent
for nine (9) months, unless terminated in writing by either party thirty (30)
days prior to the next renewal date.

         Section 2. CANCELLATION OF NON CIRCUMVENTION AND CONSULTING
AGREEMENT. This Agreement replaces the Non Circumvention and Consulting
Agreement. The Non Circumvention and Consulting Agreement is hereby cancelled
by mutual consent of both parties and, as of the date hereof, will no longer
be of any force or effect.

         Section 3. SURRENDER OF RIGHTS TO WARRANTS. As partial consideration
for entering into this Agreement, the Consultant agrees to surrender any and
all rights the Consultant has or might have to any warrants to purchase shares
of common stock of the Company to which the Consultant is or might be entitled
pursuant to the Non Circumvention and Consulting Agreement.

         Section 4. COMPANY OBLIGATIONS. The Company shall provide the
Consultant with all applicable Company documentation reasonably necessary for
the Consultant to carry out his obligation as further described in Section 5
of this Agreement. The Company is obligated to pay the agreed upon
remuneration as referred to in Section 6 below, and to take all steps

<Page>

necessary to assure that the Consultant and the Company comply with all
applicable country, federal and/or state laws. The Company will not withhold
any monies for any country, federal, state or local taxing authorities from
fees/commissions earned by the Consultant pursuant to this Agreement. When
applicable, the Company shall prepare and file a Form 1099 with the Internal
Revenue Service (IRS), reporting compensation paid to the Consultant.

         Section 5. CONSULTANT OBLIGATIONS. The Company hereby retains the
Consultant to provide the following services on a best efforts basis:

         (A)      Provide liaison with the investment and banking community;

         (B)      Assist in the targeting of potential investors, mergers,
acquisitions and marketing;

         (C)      Assist with negotiations and structuring potential business
opportunities and acquisitions;

         (D)      Assist in promotion and advertisement;

         (E)      Act as liaison to negotiations when called upon; and

         (F)      Introduce certain persons and organizations ("Introduced
Parties") with the hope and intent that the introduced parties may invest in,
enter into a licensing agreement with or otherwise finance the development of
the Company or any of its affiliates (as defined below - an "Investment").

         (G)      Assist Company in achieving all Company objectives and
financial goals.

         Section 6. REMUNERATION. In the event that during the term of this
Agreement, the Company or any of its affiliates receives an Investment from
any of the Introduced Parties, the Company shall pay to the Consultant,
immediately upon the closing of such Investment, without deduction for any
amounts which may be owed to other parties in connection with such
Investments, a finder's fee in cash equal to 66 percent of all amounts of
any cash or the fair market value of any other consideration received by the
Company, or any of its affiliates, from any of the Introduced Parties during
the term of the Agreement.

         Section 7. AFFILIATE. For the purpose of this Agreement, the term
Affiliate shall mean, with respect to any entity, any other entity that
controls, is controlled by, or is under common control with such entity, where
the term "control" means direct or indirect possession of at least twenty
percent (20%) of the voting securities or comparable equity interest by or in
such entity. Affiliate shall also include any joint venture, partnership or
other similar entity, not included in the foregoing, to which or any of its
affiliates, is a party and which receives an Investment from any of the
Introduced Parties.

                                        2
<Page>

         Section 8. CONFIDENTIALITY OF PROPRIETARY INFORMATION. The Consultant
agrees, during or after the term of this Agreement, not to reveal confidential
information or trade secrets to any person, firm, corporation or entity.

         Section 9. REIMBURSEMENT OF EXPENSES. The Consultant may incur
reasonable expenses in furthering the Company's business, including expenses
for entertainment, travel and similar items. The Company shall reimburse the
Consultant for all business expenses that have been approved after the
Consultant presents an itemized account of expenditures and supporting
original receipts.

         Section 10. DEATH BENEFIT. Should the Consultant die during the terms
of this Agreement, the Company shall pay to the Consultant's estate any
fees/commissions due and all commissions earned on existing business
introduced to the Company by the Consultant prior to death in accordance with
this Agreement.

         Section 11. ASSISTANCE IN LITIGATION. The Consultant shall upon
reasonable notice furnish such information and proper assistance to the
Company as it may reasonably require in connection with any litigation in
which it is, or may become, a party either during or after being engaged with
the Company.

         Section 12. CONTROLLING LAW. This Agreement shall be controlled,
construed and enforced in accordance with the laws of the state of New Jersey.

         Section 13. EFFECT OF PRIOR AGREEMENTS. This Agreement supercedes any
prior agreement between the Company or any predecessor of the Company and the
Consultant, except that this Agreement shall not affect or operate to reduce
any benefit or compensation inuring to the Consultant of a kind elsewhere
provided and not expressly provided in this Agreement.

         Section 14. SETTLEMENT BY ARBITRATION. Any claim or controversy that
arises out of or relates to this Agreement, or the breach of it, shall be
settled by arbitration in accordance with the rules of the American
Arbitration Association. Judgment upon the award rendered may be entered in
any court with jurisdiction.

         Section 15. SEVERABILITY. If any term, covenant, condition or
provision of this Agreement is held by a court of competent jurisdiction to be
invalid, void or unenforceable, the remainder of the provisions shall remain
in full force and effect and shall in no way be affected, impaired or
invalidated.

         Section 16. CAPTIONS. Captions of this Agreement are for convenience
and reference only, and the words contained therein shall in no way be held to
explain, modify, amplify or aid in the interpretation, construction or meaning
of the provisions of this Agreement.

         Section 17. ASSUMPTION OF AGREEMENT BY SUCCESSORS AND ASSIGNEES. This
Agreement shall not be assigned by either party without the written consent of
the other party, which consent shall not be unreasonably withheld.
Notwithstanding the foregoing, the

                                        3
<Page>

Company and the Consultant rights and obligations under this Agreement will
inure to the benefit and be binding upon their successors and assignees.

         Section 18. ORAL MODIFICATIONS NOT BINDING. This instrument is the
entire agreement of the Company and the Consultant. Oral changes shall have no
effect. It may be altered only by a written agreement signed by the party
against whom enforcement of any waiver, change, modification, extension or
discharge is sought.

         Section 19. TIME IS OF AN ESSENCE. Time is of the essence of this
Agreement and each covenant and term a condition herein.

         Section 20. INTEGRATION. This Agreement and any attached exhibits
contain the entire agreement between parties. Any amendments to this Agreement
shall be made in writing and executed by both parties.

         IN WITNESS WEHREOF, the Company has caused this Agreement to be
executed in its corporate name by one of its corporate officers, and the
Consultant has set its hand to this Agreement as of the day and year written
below.

         IN WITNESS WHEREOF the parties have hereunto executed this Agreement
as of the day and year above written.

ACCEPTED ON BEHALF OF:  INTERCAP FUNDING LTD.

Per: /s/ Hugh P. Duddy                          DATE 06/01/01
     ----------------------------------              --------
         Hugh P. Duddy

ACCEPTED ON BEHALF OF:  HEARTSOFT, INC.

Per: /s/ Benjamin Shell                         DATE 06/01/01
     ----------------------------------              --------
         Benjamin Shell, Chairman, CEO

                                        4

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