EX-4.1 3 d582053_ex4-1.htm POOLING AND SERVICING AGREEMENT Unassociated Document
CITIGROUP MORTGAGE LOAN TRUST INC.
Depositor
 

AMERIQUEST MORTGAGE COMPANY
WELLS FARGO BANK, N.A.
OPTEUM FINANCIAL SERVICES, LLC
Servicers

 
WELLS FARGO BANK, N.A.
Master Servicer and Trust Administrator
 
and

 
U.S. BANK NATIONAL ASSOCIATION
Trustee
 
_________________________________________

POOLING AND SERVICING AGREEMENT
Dated as of October 1, 2006
 
_________________________________________
 
Asset-Backed Pass-Through Certificates
 
Series 2006-FX1
 







TABLE OF CONTENTS
 
ARTICLE I 
DEFINITIONS
 
SECTION 1.01
Defined Terms.
SECTION 1.02
Allocation of Certain Interest Shortfalls.
   
ARTICLE II 
CONVEYANCE OF MORTGAGE LOANS; ORIGINAL ISSUANCE OF CERTIFICATES
 
SECTION 2.01
Conveyance of Mortgage Loans.
SECTION 2.02
Acceptance of the Trust Fund by the Trustee.
SECTION 2.03
Repurchase or Substitution of Mortgage Loans by the Sponsor or the Depositor.
SECTION 2.04
[Reserved].
SECTION 2.05
Representations, Warranties and Covenants of the Servicers and the Master Servicer.
SECTION 2.06
Issuance of the Certificates.
SECTION 2.07
Conveyance of the REMIC Regular Interests; Acceptance of the Trust REMICs by the Trustee.
   
ARTICLE III 
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
 
SECTION 3.01
Servicer to Act as Servicer.
SECTION 3.02
Sub-Servicing Agreements Between the Servicer and Sub-Servicers.
SECTION 3.03
Successor Sub-Servicers.
SECTION 3.04
Liability of the Servicer.
SECTION 3.05
No Contractual Relationship Between Sub-Servicers and Trustee, Trust Administrator or Certificateholders.
SECTION 3.06
Assumption or Termination of Sub-Servicing Agreements by Master Servicer.
SECTION 3.07
Collection of Certain Mortgage Loan Payments.
SECTION 3.08
Sub-Servicing Accounts.
SECTION 3.09
Collection of Taxes and Similar Items; Servicing Accounts.
SECTION 3.10
Collection Account and Distribution Account.
SECTION 3.11
Withdrawals from the Collection Account.
SECTION 3.12
Investment of Funds in the Collection Account.
SECTION 3.13
[Reserved].
SECTION 3.14
Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage.
SECTION 3.15
Enforcement of Due-On-Sale Clauses; Assumption Agreements.
SECTION 3.16
Realization Upon Defaulted Mortgage Loans.
SECTION 3.17
Trustee to Cooperate; Release of Mortgage Files.
SECTION 3.18
Servicing Compensation.
SECTION 3.19
Reports; Collection Account Statements.
SECTION 3.20
Statement as to Compliance.
SECTION 3.21
Assessments of Compliance and Attestation Reports.
SECTION 3.22
Access to Certain Documentation.
SECTION 3.23
Title, Management and Disposition of REO Property.
SECTION 3.24
Obligations of the Servicer in Respect of Prepayment Interest Shortfalls.
SECTION 3.25
Obligations of the Servicer in Respect of Monthly Payments.
SECTION 3.26
Advance Facility.
SECTION 3.27
Late Remittance.
   
ARTICLE IIIA
ADMINISTRATION AND SERVICING OF THE MORTGAGE LOANS
 
SECTION 3A.01
Master Servicer to Act as Master Servicer
SECTION 3A.02
[Reserved].
SECTION 3A.03
Monitoring of Servicer.
SECTION 3A.04
Fidelity Bond.
SECTION 3A.05
Power to Act; Procedures.
SECTION 3A.06
Due on Sale Clauses; Assumption Agreements.
SECTION 3A.07
[Reserved].
SECTION 3A.08
Documents, Records and Funds in Possession of Master Servicer to be Held for Trustee.
SECTION 3A.09
Compensation for the Master Servicer.
SECTION 3A.10
Obligations of the Master Servicer in Respect of Prepayment Interest Shortfalls.
SECTION 3A.11
Distribution Account.
SECTION 3A.12
Permitted Withdrawals and Transfers from the Distribution Account.
   
ARTICLE IV 
PAYMENTS TO CERTIFICATEHOLDERS
 
SECTION 4.01
Distributions.
SECTION 4.02
Statements to Certificateholders.
SECTION 4.03
Remittance Reports; P&I Advances.
SECTION 4.04
Allocation of Extraordinary Trust Fund Expenses and Realized Losses.
SECTION 4.05
Compliance with Withholding Requirements.
SECTION 4.06
Net WAC Rate Carryover Reserve Account.
SECTION 4.07
Exchange Commission Filings; Additional Information.
SECTION 4.08
Early Termination of the Basis Risk Cap Agreements.
   
ARTICLE V 
THE CERTIFICATES
 
SECTION 5.01
The Certificates.
SECTION 5.02
Registration of Transfer and Exchange of Certificates.
SECTION 5.03
Mutilated, Destroyed, Lost or Stolen Certificates.
SECTION 5.04
Persons Deemed Owners.
SECTION 5.05
Certain Available Information.
   
ARTICLE VI 
THE DEPOSITOR, THE MASTER SERVICER AND THE SERVICERS
 
SECTION 6.01
Liability of the Depositor, the Master Servicer, and the Servicers.
SECTION 6.02
Merger or Consolidation of the Depositor, the Master Servicer or the Servicers.
SECTION 6.03
Limitation on Liability of the Depositor, the Master Servicer, the Servicers and Others.
SECTION 6.04
Limitation on Resignation of the Servicers; Assignment of Master Servicing.
SECTION 6.05
Successor Master Servicer.
SECTION 6.06
Rights of the Depositor in Respect of the Servicers.
SECTION 6.07
Duties of the Credit Risk Manager.
SECTION 6.08
Limitation Upon Liability of the Credit Risk Manager.
SECTION 6.09
Removal of the Credit Risk Manager.
   
ARTICLE VII 
DEFAULT
 
SECTION 7.01
Servicer Events of Default and Master Servicer Events of Termination.
SECTION 7.02
Master Servicer or Trustee to Act; Appointment of Successor Servicer.
SECTION 7.03
Trustee to Act; Appointment of Successor Master Servicer.
SECTION 7.04
Notification to Certificateholders.
SECTION 7.05
Waiver of Servicer Events of Default and Master Servicer Events of Termination.
   
ARTICLE VIII 
CONCERNING THE TRUSTEE aND THE TRUST ADMINISTRATOR
 
SECTION 8.01
Duties of Trustee and Trust Administrator.
SECTION 8.02
Certain Matters Affecting the Trustee and the Trust Administrator.
SECTION 8.03
Neither the Trustee nor Trust Administrator Liable for Certificates or Mortgage Loans.
SECTION 8.04
Trustee and Trust Administrator May Own Certificates.
SECTION 8.05
Trustee’s, Trust Administrator’s and Custodians’ Fees and Expenses.
SECTION 8.06
Eligibility Requirements for Trustee and Trust Administrator.
SECTION 8.07
Resignation and Removal of the Trustee and the Trust Administrator.
SECTION 8.08
Successor Trustee or Trust Administrator.
SECTION 8.09
Merger or Consolidation of Trustee or Trust Administrator.
SECTION 8.10
Appointment of Co-Trustee or Separate Trustee.
SECTION 8.11
[Reserved].
SECTION 8.12
Appointment of Office or Agency.
SECTION 8.13
Representations and Warranties.
SECTION 8.14
[Reserved].
SECTION 8.15
No Trustee or Trust Administrator Liability for Actions or Inactions of Custodians.
   
ARTICLE IX 
TERMINATION
 
SECTION 9.01
Termination Upon Repurchase or Liquidation of the Mortgage Loans.
SECTION 9.02
Additional Termination Requirements.
   
ARTICLE X 
REMIC PROVISIONS
 
SECTION 10.01
REMIC Administration.
SECTION 10.02
Prohibited Transactions and Activities.
SECTION 10.03
Servicer, Master Servicer, Trustee and Trust Administrator Indemnification.
   
ARTICLE XI 
MISCELLANEOUS PROVISIONS
 
SECTION 11.01
Amendment.
SECTION 11.02
Recordation of Agreement; Counterparts.
SECTION 11.03
Limitation on Rights of Certificateholders.
SECTION 11.04
Governing Law.
SECTION 11.05
Notices.
SECTION 11.06
Severability of Provisions.
SECTION 11.07
Notice to Rating Agencies.
SECTION 11.08
Article and Section References.
SECTION 11.09
Grant of Security Interest.
SECTION 11.10
[Reserved].
SECTION 11.11
Intention of the Parties and Interpretation.





 
Exhibits
 
 
Exhibit A-1
Form of Class A-1 Certificate
Exhibit A-2
Form of Class A-2 Certificate
Exhibit A-3
Form of Class A-3 Certificate
Exhibit A-4
Form of Class A-4 Certificate
Exhibit A-5
Form of Class A-5 Certificate
Exhibit A-6
Form of Class A-6 Certificate
Exhibit A-7
Form of Class A-7 Certificate
Exhibit A-8
Form of Class M-1 Certificate
Exhibit A-9
Form of Class M-2 Certificate
Exhibit A-10
Form of Class M-3 Certificate
Exhibit A-11
Form of Class M-4 Certificate
Exhibit A-12
Form of Class CE Certificate
Exhibit A-13
Form of Class P Certificate
Exhibit A-14
Form of Class R Certificate
Exhibit A-15
Form of Class R-X Certificate
Exhibit B
Form 10-D, Form 8-K and Form 10-K Reporting Responsibility
Exhibit C
Servicing Criteria to Be Addressed in Assessment of Compliance
Exhibit D
Form of Assignment Agreements
Exhibit E
Request for Release
Exhibit F-1
Form of Transferor Representation Letter and Form of Transferee Representation Letter in Connection with Transfer of the Class CE, Class P or Residual Certificates Pursuant to Rule 144A Under the 1933 Act
Exhibit F-2
Form of Transfer Affidavit and Agreement and Form of Transferor Affidavit in Connection with Transfer of Residual Certificates
Exhibit G
Form of Certification with respect to ERISA and the Code
Exhibit H-1
Form of Certification to be provided by the Master Servicer with Form 10-K
Exhibit H-2
Form of Certification to be provided by the Servicers to the Master Servicer
Exhibit I
Form of Basis Risk Cap Agreements
Exhibit J
Form of Report Pursuant to Section 4.07
Exhibit K
Additional Disclosure Notification
Exhibit L
Annual Statement of Compliance
Exhibit M-1
Form of Delinquency Report
Exhibit M-2
Monthly Remittance Advice
Exhibit M-3
Form of Realized Loss Report
   
Schedule 1
Mortgage Loan Schedule
Schedule 2
Prepayment Charge Schedule

 




This Pooling and Servicing Agreement, is dated and effective as of October 1, 2006, among CITIGROUP MORTGAGE LOAN TRUST INC., as Depositor, AMERIQUEST MORTGAGE COMPANY, WELLS FARGO BANK, N.A. and OPTEUM FINANCIAL SERVICES, LLC, as Servicers, WELLS FARGO BANK, N.A., as Master Servicer and as Trust Administrator, and U.S. BANK NATIONAL ASSOCIATION, as Trustee.
 
PRELIMINARY STATEMENT:
 
The Depositor intends to sell pass-through certificates to be issued hereunder in multiple classes, which in the aggregate will evidence the entire beneficial ownership interest in each REMIC (as defined herein) created hereunder. The Trust Fund will consist of a pool of assets comprised of the Mortgage Loans and certain other related assets subject to this Agreement.
 



REMIC I

As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the Mortgage Loans and certain other related assets (other than any Servicer Prepayment Charge Payment Amounts, the Net WAC Rate Carryover Reserve Account and the Basis Risk Cap Agreements) subject to this Agreement as a REMIC for federal income tax purposes, and such pool of assets will be designated as “REMIC I.” The Class R-I Interest will be the sole class of “residual interests” in REMIC I for purposes of the REMIC Provisions (as defined herein). The following table irrevocably sets forth the designation, the REMIC I Remittance Rate, the initial Uncertificated Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for each of the REMIC I Regular Interests (as defined herein). None of the REMIC I Regular Interests will be certificated.
 
Designation
REMIC I
Remittance Rate
Initial
Uncertificated Balance
Latest Possible
Maturity Date(1)
MT-AA
(2)
$
412,176,815.97
October 25, 2036
MT-A-1
(2)
$
1,517,870.00
October 25, 2036
MT-A-2
(2)
$
127,580.00
October 25, 2036
MT-A-3
(2)
$
963,990.00
October 25, 2036
MT-A-4
(2)
$
307,440.00
October 25, 2036
MT-A-5
(2)
$
495,550.00
October 25, 2036
MT-A-6
(2)
$
229,160.00
October 25, 2036
MT-A-7
(2)
$
150,000.00
October 25, 2036
MT-M-1
(2)
$
128,280.00
October 25, 2036
MT-M-2
(2)
$
100,940.00
October 25, 2036
MT-M-3
(2)
$
79,920.00
October 25, 2036
MT-M-4
(2)
$
21,030.00
October 25, 2036
MT-ZZ
(2)
$
4,290,011.75
October 25, 2036
MT-P
(2)
$
100.00
October 25, 2036
_______________
(1) For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations.
(2) Calculated in accordance with the definition of “REMIC I Remittance Rate” herein.



REMIC II

As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the REMIC I Regular Interests as a REMIC for federal income tax purposes, and such segregated pool of assets will be designated as “REMIC II.” The Class R-II Interest will evidence the sole class of “residual interests” in REMIC II for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes of Certificates and the Class CE Interest and the Class P Interest, which are uncertificated.
 
Designation
Pass-Through Rate
Initial Aggregate Certificate Principal Balance
Latest Possible
Maturity Date(1)
Class A-1
Variable(2)
$
151,787,000.00
October 25, 2036
Class A-2
Variable(2)
$
12,758,000.00
October 25, 2036
Class A-3
Variable(2)
$
96,399,000.00
October 25, 2036
Class A-4
6.081% per annum(2)
$
30,744,000.00
October 25, 2036
Class A-5
6.255% per annum(2)
$
49,555,000.00
October 25, 2036
Class A-6
5.845% per annum(2)
$
22,916,000.00
October 25, 2036
Class A-7
5.775% per annum(2)
$
15,000,000.00
October 25, 2036
Class M-1
6.088% per annum(2)
$
12,828,000.00
October 25, 2036
Class M-2
6.336% per annum(2)
$
10,094,000.00
October 25, 2036
Class M-3
6.500% per annum(2)
$
7,992,000.00
October 25, 2036
Class M-4
6.500% per annum(2)
$
2,103,000.00
October 25, 2036
Class CE Interest
Variable(3)
$
8,412,587.72
October 25, 2036
Class P Interest
N/A(4)
$
100.00
October 25, 2036
_______________
(1) For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations.
(2) Calculated in accordance with the definition of “Pass-Through Rate” herein.
(3) The Class CE Interest will accrue interest at their variable Pass-Through Rate on the Notional Amount of the Class CE Interest outstanding from time to time which shall equal the aggregate Uncertificated Balance of the REMIC I Regular Interests (other than REMIC I Regular Interest I-LTP). The Class CE Interest will not accrue interest on their Certificate Principal Balance.
(4) The Class P Interest will not accrue interest.



REMIC III

As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the Class CE Interest as a REMIC for federal income tax purposes, and such pool of assets will be designated as “REMIC III.” The Class R-III Interest will evidence the sole class of “residual interests” in REMIC III for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Class of Certificates.
 

Designation
Pass-Through Rate
Initial Aggregate Certificate Principal Balance
Latest Possible
Maturity Date(1)
Class CE Certificates
Variable(2)
$ 8,412,587.72
October 25, 2036
_______________
(1) For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations.
(2) The Class CE Certificates will receive 100% of amounts received in respect of the Class CE Interest.



REMIC IV

As provided herein, the Trustee will elect to treat the segregated pool of assets consisting of the Class P Interest as a REMIC for federal income tax purposes, and such pool of assets will be designated as “REMIC IV.” The Class R-IV Interest will evidence the sole class of “residual interests” in REMIC IV for purposes of the REMIC Provisions under federal income tax law. The following table irrevocably sets forth the designation, the Pass-Through Rate, the initial aggregate Certificate Principal Balance and, for purposes of satisfying Treasury regulation Section 1.860G-1(a)(4)(iii), the “latest possible maturity date” for the indicated Classes of Certificates.
 

Designation
Pass-Through Rate
Initial Aggregate Certificate Principal Balance
Latest Possible
Maturity Date(1)
Class P Certificates
Variable(2)
$100.00
October 25, 2036
_______________
(1) For purposes of Section 1.860G-1(a)(4)(iii) of the Treasury regulations.
(2) The Class P Certificates will receive 100% of amounts received in respect of the Class P Interest.
 
As of the Cut-off Date, the Mortgage Loans had an aggregate Stated Principal Balance equal to $420,588,687.72.
 
In consideration of the mutual agreements herein contained, the Depositor, the Servicers, the Master Servicer, the Trust Administrator and the Trustee agree as follows:
 
 

ARTICLE I
 
DEFINITIONS
 
SECTION 1.01  
Defined Terms.
 
Whenever used in this Agreement, including, without limitation, in the Preliminary Statement hereto, the following words and phrases, unless the context otherwise requires, shall have the meanings specified in this Article. Unless otherwise specified, all calculations described herein shall be made on the basis of a 360-day year consisting of twelve 30-day months.
 
“10-K Filing Deadline”: The meaning set forth in Section 4.07(a)(iv).
 
“Accepted Master Servicing Practices”: With respect to any Mortgage Loan, as applicable, either (x) those customary mortgage loan master servicing practices of prudent mortgage servicing institutions that master service mortgage loans of the same type and quality as such Mortgage Loan in the jurisdiction where the related Mortgaged Property is located, to the extent applicable to the Master Servicer (except in its capacity as successor to the Servicer), or (y) as provided in Section 3A.01 hereof, but in no event below the standard set forth in clause (x).
 
“Additional Disclosure”: The meaning set forth in Section 4.07(a)(v).
 
“Additional Form 10-D Disclosure”: The meaning set forth in Section 4.07(a)(i).
 
“Additional Form 10-K Disclosure”: The meaning set forth in Section 4.07(a)(iv).
 
“Advance Facility”: As defined in Section 3.26 hereof.
 
“Affiliate”: With respect to any specified Person, any other 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.
 
“Agreement”: This Pooling and Servicing Agreement and all amendments hereof and supplements hereto.
 
“Allocated Realized Loss Amount”: With respect to any Distribution Date and any Class of Mezzanine Certificates, (x) the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from any previous Distribution Date minus (y) the amount of the increase in the Certificate Principal Balance of such Class due to the receipt of Subsequent Recoveries as provided in Section 4.01.
 
“Ameriquest”: Ameriquest Mortgage Company.
 
“Ameriquest Mortgage Loans”: The Mortgage Loans serviced by Ameriquest.
 
“Assessment of Compliance”: As defined in Section 3.21.
 
“Assignment”: An assignment of Mortgage, notice of transfer or equivalent instrument, in recordable form (excepting therefrom, if applicable, recording information which has not been returned by the applicable recording office), which is sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the record of sale of the Mortgage.
 
“Assignment Agreement”: Each of the agreements among the Depositor, the Sponsor and the related Originator regarding the transfer of the Mortgage Loans by the Sponsor to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.
 
“Attestation Report”: As defined in Section 3.21.
 
“Available Distribution Amount”: With respect to any Distribution Date, an amount equal to the excess of (i) the sum of (a) the aggregate of the Monthly Payments due during the Due Period relating to such Distribution Date and received by each Servicer (or by a Sub-Servicer on their behalf) on or prior to the related Determination Date, after deduction of the Servicing Fee, the Credit Risk Manager Fee and the Master Servicing Fee for such Distribution Date, (b) Liquidation Proceeds, Insurance Proceeds, Principal Prepayments, proceeds from repurchases of and substitutions for Mortgage Loans, Subsequent Recoveries and other unscheduled payments of principal and interest in respect of the Mortgage Loans or REO Properties received by each Servicer during the related Prepayment Period (exclusive of any Prepayment Interest Excess), (c) the aggregate of any amounts on deposit in the Distribution Account representing Compensating Interest Payments paid by each Servicer or the Master Servicer in respect of Prepayment Interest Shortfalls relating to Principal Prepayments that occurred during the related Prepayment Period, (d) the aggregate of any P&I Advances made by each Servicer or the Master Servicer for such Distribution Date and (e) Prepayment Charges received and Servicer Prepayment Charge Payment Amounts paid in respect of Mortgage Loans with respect to which a Principal Prepayment occurred during the related Prepayment Period and any amounts received from the Sponsor as contemplated in Section 2.03(b) in respect of any Principal Prepayment that occurred during or prior to the related Prepayment Period over (ii) the sum of (a) amounts reimbursable or payable to the Servicers pursuant to Section 3.11(a) or to the Master Servicer pursuant to Section 3A.21, (b) to the to each Servicer, the Master Servicer, the Trustee, the Trust Administrator or a Custodian pursuant to Section 6.03 or Section 8.05 or otherwise payable in respect of Extraordinary Trust Fund Expenses, (c) amounts in respect of the items set forth in clauses (i)(a) through (i)(d) above deposited in the Collection Account or the Distribution Account in respect of the items set forth in clauses (i)(a) through (i)(d) above in error, (d) without duplication, any amounts in respect of the items set forth in clauses (i)(a) and (i)(b) permitted hereunder to be retained by the Servicers or to be withdrawn by the Servicers from the related Distribution Account pursuant to Section 3.18. Notwithstanding any of the foregoing, with respect to any items that are a part of the Available Distribution Amount as defined above and that are required to be remitted by the Servicers to the Master Servicer, the Available Distribution Amount shall not be deemed to include any portion of such items that are not actually remitted by the Servicer to the Master Servicer.
 
“Back-Up Certification”: The meaning set forth in Section 4.07(a)(iv).
 
“Balloon Mortgage Loan”: A Mortgage Loan that provides for the payment of the unamortized Stated Principal Balance of such Mortgage Loan in a single payment at the maturity of such fixed-rate Mortgage Loan that is substantially greater than the preceding monthly payment.
 
“Balloon Payment”: A payment of the unamortized Stated Principal Balance of a Mortgage Loan in a single payment at the maturity of such Mortgage Loan that is substantially greater than the preceding Monthly Payment.
 
“Bankruptcy Code”: The Bankruptcy Reform Act of 1978 (Title 11 of the United States Code), as amended.
 
“Bankruptcy Loss”: With respect to any Mortgage Loan, a Realized Loss resulting from a Deficient Valuation or Debt Service Reduction.
 
“Base Rate”: With respect to the Floating Rate Certificates and any Distribution Date, the sum of One-Month LIBOR plus the related Certificate Margin set forth below:

 
Certificate Margin
Class
(1)
(2)
A-1
0.100%
0.200%
A-2
0.200%
0.400%
A-3
0.300%
0.600%
__________
(1) For the Interest Accrual Period for each Distribution Date through and including the first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans remaining in the Mortgage Pool is reduced to less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
(2) For each interest Accrual Period thereafter.

With respect to the Fixed Rate Certificates and any Distribution Date, the rate per annum set forth below:
 
 
Fixed Rate
Class
(1)
(2)
A-4
6.081% per annum
7.581% per annum
A-5
6.255% per annum
7.755% per annum
A-6
5.845% per annum
7.345% per annum
A-7
5.775% per annum
7.275% per annum
M-1
6.088% per annum
6.588% per annum
M-2
6.336% per annum
6.836% per annum
M-3
6.500% per annum
7.000% per annum
M-4
6.500% per annum
7.000% per annum
__________
(1) For the Interest Accrual Period for each Distribution Date through and including the first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans remaining in the Mortgage Pool is reduced to less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
(2) For each interest Accrual Period thereafter.

 
“Basis Risk Cap Agreements”: The Class A-1 Basis Risk Cap Agreement, Class A-2 Basis Risk Cap Agreement and Class A-3 Basis Risk Cap Agreement.
 
“Basis Risk Cap Provider”: Bear Stearns Financial Products Inc.
 
“Book-Entry Certificate”: Any Certificate registered in the name of the Depository or its nominee. Initially, the Book-Entry Certificates will be the Class A Certificates and the Mezzanine Certificates.
 
“Book-Entry Custodian”: The custodian appointed pursuant to Section 5.01.
 
“Business Day”: Any day other than a Saturday, a Sunday or a day on which banking or savings and loan institutions in the State of New York, the State of Texas, the State of Missouri, the State of Iowa, the State of Maryland, the State of California, the State of Arizona, or in the city in which the Corporate Trust Office of the Trustee or the Corporate Trust Office of the Trust Administrator is located, are authorized or obligated by law or executive order to be closed.
 
“Cash-out Refinancing”: A Refinanced Mortgage Loan the proceeds of which were in excess of the principal balance of any existing first mortgage on the related Mortgaged Property and related closing costs, and were used to pay any such existing first mortgage, related closing costs and subordinate mortgages on the related Mortgaged Property.
 
“Certificate”: Any one of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, issued under this Agreement.
 
“Certificate Factor”: With respect to any Class of Certificates as of any Distribution Date, a fraction, expressed as a decimal carried to six places, the numerator of which is the aggregate Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates on such Distribution Date (after giving effect to any distributions of principal and allocations of Realized Losses and Extraordinary Trust Fund Expenses in reduction of the Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates to be made on such Distribution Date), and the denominator of which is the initial aggregate Certificate Principal Balance (or the Notional Amount, in the case of the Class CE Certificates) of such Class of Certificates as of the Closing Date.
 
“Certificateholder” or “Holder”: The Person in whose name a Certificate is registered in the Certificate Register, except that a Disqualified Organization or a Non-United States Person shall not be a Holder of a Residual Certificate for any purposes hereof and, solely for the purposes of giving any consent pursuant to this Agreement, any Certificate registered in the name of the Depositor, a Servicer or the Master Servicer any Affiliate thereof shall be deemed not to be outstanding and the Voting Rights to which it is entitled shall not be taken into account in determining whether the requisite percentage of Voting Rights necessary to effect any such consent has been obtained, except as otherwise provided in Section 11.01. The Trustee and the Trust Administrator may conclusively rely upon a certificate of the Depositor, a Servicer or the Master Servicer in determining whether a Certificate is held by an Affiliate thereof. All references herein to “Holders” or “Certificateholders” shall reflect the rights of Certificate Owners as they may indirectly exercise such rights through the Depository and participating members thereof, except as otherwise specified herein; provided, however, that the Trustee and the Trust Administrator shall be required to recognize as a “Holder” or “Certificateholder” only the Person in whose name a Certificate is registered in the Certificate Register.
 
“Certificate Owner”: With respect to a Book-Entry Certificate, the Person who is the beneficial owner of such Certificate as reflected on the books of the Depository or on the books of a Depository Participant or on the books of an indirect participating brokerage firm for which a Depository Participant acts as agent.
 
“Certificate Principal Balance”: With respect to each Fixed Rate Certificate, Floating Rate Certificate or Class P Certificate as of any date of determination, the Certificate Principal Balance of such Certificate on the Distribution Date immediately prior to such date of determination plus any Subsequent Recoveries added to the Certificate Principal Balance of such Certificate pursuant to Section 4.01, minus all distributions allocable to principal made thereon and, in the case of the Mezzanine Certificates, Realized Losses allocated thereto on such immediately prior Distribution Date (or, in the case of any date of determination up to and including the first Distribution Date, the initial Certificate Principal Balance of such Certificate, as stated on the face thereof). With respect to the Class CE Certificates as of any date of determination, an amount equal to the Percentage Interest evidenced by such Certificate times the excess, if any, of (A) the then aggregate Uncertificated Balance of the REMIC I Regular Interests over (B) the then aggregate Certificate Principal Balance of the Fixed Rate Certificates, the Floating Rate Certificates and the Class P Certificates then outstanding.
 
“Certificate Register” and “Certificate Registrar”: The register maintained pursuant to Section 5.02. Wells Fargo Bank, N.A. will act as Certificate Registrar, for so long as it is Trust Administrator under this Agreement.
 
“Certification Parties”: The meaning set forth in Section 4.07(a)(iv).
 
“Certifying Person”: The meaning set forth in Section 4.07(a)(iv).
 
“Citibank”: Citibank, N.A.
 
“Class”: Collectively, all of the Certificates bearing the same class designation.
 
“Class A-1 Basis Risk Cap Agreement”: The Class A-1 Basis Risk Cap Agreement between the Trust Administrator on behalf of the Trust and the Basis Risk Cap Provider, a form of which is attached hereto as Exhibit I.
 
“Class A-1 Certificates”: Any one of the Class A-1 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-1 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A-2 Basis Risk Cap Agreement”: The Class A-2 Basis Risk Cap Agreement between the Trust Administrator on behalf of the Trust and the Basis Risk Cap Provider, a form of which is attached hereto as Exhibit I.
 
“Class A-2 Certificates”: Any one of the Class A-2 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-2 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A-3 Basis Risk Cap Agreement”: The Class A-3 Basis Risk Cap Agreement between the Trust Administrator on behalf of the Trust and the Basis Risk Cap Provider, a form of which is attached hereto as Exhibit I.
 
“Class A-3 Certificates”: Any one of the Class A-3 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-3 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A-4 Certificates”: Any one of the Class A-4 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-4 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A-5 Certificates”: Any one of the Class A-5 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-5 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A-6 Certificates”: Any one of the Class A-6 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-6 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A-7 Certificates”: Any one of the Class A-7 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-7 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class A Certificates”: Collectively, the Class A-1 Certificates, the Class A-2 Certificates, the Class A-3 Certificates, the Class A-4 Certificates, the Class A-5 Certificates, the Class A-6 Certificates and the Class A-7 Certificates.
 
“Class CE Certificate”: Any one of the Class CE Certificates executed, authenticated and delivered by the Trustee, substantially in the form annexed hereto as Exhibit A-12 and evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.
 
“Class CE Interest”: An uncertificated interest in the Trust Fund held by the Trust Administrator on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class M-1 Certificate”: Any one of the Class M-1 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-8 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class M-1 Principal Distribution Amount”: With respect to any Distribution Date, the excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date) and (ii) the Certificate Principal Balance of the Class M-1 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 86.40% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over 0.35% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
“Class M-2 Certificate”: Any one of the Class M-2 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-9 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class M-2 Principal Distribution Amount”: With respect to any Distribution Date, the excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date) and (iii) the Certificate Principal Balance of the Class M-2 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 91.20% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over 0.35% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
“Class M-3 Certificate”: Any one of the Class M-3 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-10 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class M-3 Principal Distribution Amount”: With respect to any Distribution Date, the excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date) and (iv) the Certificate Principal Balance of the Class M-3 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 95.00% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over 0.35% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
“Class M-4 Certificate”: Any one of the Class M-4 Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-11 and evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class M-4 Principal Distribution Amount”: With respect to any Distribution Date, the excess of (x) the sum of (i) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Senior Principal Distribution Amount on such Distribution Date), (ii) the Certificate Principal Balance of the Class M-1 Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Class M-1 Principal Distribution Amount on such Distribution Date), (iii) the Certificate Principal Balance of the Class M-2 Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Class M-2 Principal Distribution Amount on such Distribution Date), (iv) the Certificate Principal Balance of the Class M-3 Certificates immediately prior to such Distribution Date (after taking into account the distribution of the Class M-3 Principal Distribution Amount on such Distribution Date) and (v) the Certificate Principal Balance of the Class M-4 Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 96.00% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over 0.35% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
“Class P Certificate”: Any one of the Class P Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-13 and evidencing a Regular Interest in REMIC IV for purposes of the REMIC Provisions.
 
“Class P Interest”: An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC II for purposes of the REMIC Provisions.
 
“Class R Certificate”: Any one of the Class R Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-14 and evidencing the ownership of the Class R-I Interest and the Class R-II Interest.
 
“Class R-X Certificate”: Any one of the Class R-X Certificates executed, authenticated and delivered by the Trust Administrator, substantially in the form annexed hereto as Exhibit A-15 and evidencing the ownership of the Class R-III Interest and the Class R-IV Interest.
 
“Class R-I Interest”: The uncertificated Residual Interest in REMIC I.
 
“Class R-II Interest”: The uncertificated Residual Interest in REMIC II.
 
“Class R-III Interest”: The uncertificated Residual Interest in REMIC III.
 
“Class R-IV Interest”: The uncertificated Residual Interest in REMIC IV.
 
“Closing Date”: October 31, 2006.
 
“Code”: The Internal Revenue Code of 1986, as amended.
 
“Collection Account”: The account or accounts created and maintained, or caused to be created and maintained, by each Servicer pursuant to Section 3.10(a), which shall be titled (i) “Ameriquest Mortgage Company, as a Servicer for U.S. Bank National Association, as Trustee, in trust for the registered holders of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, Mortgage Pass-Through Certificates”, (ii) “Cenlar FSB as subservicer for Opteum Financial Services, LLC, as a Servicer for U.S. Bank National Association, as Trustee, in trust for the registered holders of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, Mortgage Pass-Through Certificates” and (iii) “Wells Fargo Bank, N.A., as a Servicer for U.S. Bank National Association, as Trustee, in trust for the registered holders of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, Mortgage Pass-Through Certificates.” Each Collection Account must be an Eligible Account.
 
“Commission”: The Securities and Exchange Commission.
 
“Compensating Interest Payment”: With respect to any Distribution Date and the Mortgage Loans for which a Principal Prepayment in full or in part was received during the related Prepayment Period, an amount equal to the lesser of (A) the aggregate of the Prepayment Interest Shortfalls for the related Distribution Date and (B) the aggregate Servicing Fee to be paid to or retained by the related Servicer for such Distribution Date.
 
“Corresponding Certificate”: With respect to each REMIC I Regular Interest, the Class of Regular Certificates listed below:
 
REMIC I Regular Interest
Class
I-LTA1
Class A-1
I-LTA2
Class A-2
I-LTA3
Class A-3
I-LTA4
Class A-4
I-LTA5
Class A-5
I-LTA6
Class A-6
I-LTA7
Class A-7
I-LTM1
Class M-1
I-LTM2
Class M-2
I-LTM3
Class M-3
I-LTM4
Class M-4
I-LTP
Class P
 
“Corporate Trust Office”: The principal corporate trust office of the Trustee or the Trust Administrator at which at any particular time its corporate trust business in connection with this Agreement shall be administered, which office, with respect to the Trust Administrator, (A) for Certificate transfer and surrender purposes, Well Fargo Bank, N.A., Sixth Street and Marquette Avenue, Minneapolis, Minnesota 55479, Attention: Corporate Trust Services - CMLTI 2006-FX1 and (B) for all other purposes, Wells Fargo Bank, N.A. 9062 Old Annapolis Road, Columbia, Maryland 21045 Attention: Corporate Trust Services---CMLTI 2006-FX1, or such other address as the Trust Administrator may designate from time to time by notice to the Certificateholders, the Depositor, each Servicer and the Trustee and, with respect to the Trustee, at the date of the execution of this instrument is located at One Federal Street, Boston, Massachusetts 02110, Attention: Structured Finance/CMLTI 2006-FX1, or such other address as the Trustee may designate from time to time by notice to the Certificateholders, the Depositor, each Servicer and the Trust Administrator.
 
“Credit Risk Manager”: Clayton Fixed Income Services Inc., formerly known as The Murrayhill Company, a Colorado corporation, and its successors and assigns.
 
“Credit Risk Management Agreement”: The respective agreements between the Credit Risk Manager and a Servicer and/or Master Servicer regarding the loss mitigation and advisory services to be provided by the Credit Risk Manager.
 
“Credit Risk Manager Fee”: With respect to any Distribution Date, an amount equal to the Credit Risk Manager Fee Rate accrued for one month on the aggregate Stated Principal Balance of the Mortgage Loans as of the first day of the related Due Period.
 
“Credit Risk Manager Fee Rate”: 0.01% per annum.
 
“Custodian”: A document custodian appointed by the Trustee to perform (or in the case of the related initial Custodian otherwise engaged to perform) custodial duties with respect to the Mortgage Files. The initial Custodian is Citibank, N.A. A Custodian may be the Trustee, any Affiliate of the Trustee or an independent entity.
 
“Custodial Agreement”: An agreement pursuant to which a Custodian performs custodial duties with respect to the Mortgage Files. With respect to the related initial Custodian, the applicable agreement pursuant to which the related initial Custodian performs its custodial duties with respect to the Mortgage Files.
 
“Cut-off Date”: With respect to each Original Mortgage Loan, October 1, 2006. With respect to all Qualified Substitute Mortgage Loans, their respective dates of substitution. References herein to the “Cut-off Date,” when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.
 
“DBRS”: Dominion Bond Ratings Service, or its successor in interest.
 
“Debt Service Reduction”: With respect to any Mortgage Loan, a reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction resulting from a Deficient Valuation.
 
“Deficient Valuation”: With respect to any Mortgage Loan, a valuation of the related Mortgaged Property by a court of competent jurisdiction in an amount less than the then outstanding Stated Principal Balance of the Mortgage Loan, which valuation results from a proceeding initiated under the Bankruptcy Code.
 
“Definitive Certificates”: As defined in Section 5.01(b).
 
“Deleted Mortgage Loan”: A Mortgage Loan replaced or to be replaced by a Qualified Substitute Mortgage Loan.
 
“Delinquency Percentage”: As of the last day of the related Due Period, the percentage equivalent of a fraction, the numerator of which is the aggregate Stated Principal Balance of the Mortgage Loans that, as of the last day of the previous calendar month, are 60 or more days delinquent, are in foreclosure, have been converted to REO Properties or in bankruptcy (and delinquent 60 days or more), and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties as of the last day of the previous calendar month.
 
“Depositor”: Citigroup Mortgage Loan Trust Inc., a Delaware corporation, or its successor in interest.
 
“Depository”: The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository, for purposes of registering those Certificates that are to be Book-Entry Certificates, is CEDE & Co. The Depository shall at all times be a “clearing corporation” as defined in Section 8-102(3) of the Uniform Commercial Code of the State of New York and a “clearing agency” registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.
 
“Depository Institution”: Any depository institution or trust company, including the Trustee and the Trust Administrator, that (a) is incorporated under the laws of the United States of America or any State thereof, (b) is subject to supervision and examination by federal or state banking authorities and (c) has, or is a subsidiary of a holding company that has, an outstanding unsecured commercial paper or other short-term unsecured debt obligations that are rated in the highest rating category (P-1 by Moody’s, F-1 by Fitch and A-1 by S&P) by the Rating Agencies (or a comparable rating if S&P, Moody’s and Fitch are not the Rating Agencies).
 
“Depository Participant”: A broker, dealer, bank or other financial institution or other Person for whom from time to time a Depository effects book-entry transfers and pledges of securities deposited with the Depository.
 
“Determination Date”: With respect to each Distribution Date, the Business Day immediately preceeding the related Servicer Remittance Date.
 
“Directly Operate”: With respect to any REO Property, the furnishing or rendering of services to the tenants thereof, the management or operation of such REO Property, the holding of such REO Property primarily for sale to customers, the performance of any construction work thereon or any use of such REO Property in a trade or business conducted by REMIC I, other than through an Independent Contractor; provided, however, that the Trustee (or a Servicer or the Master Servicer on behalf of the Trustee) shall not be considered to Directly Operate an REO Property solely because the Trustee (or a Servicer or the Master Servicer on behalf of the Trustee) establishes rental terms, chooses tenants, enters into or renews leases, deals with taxes and insurance, or makes decisions as to repairs or capital expenditures with respect to such REO Property.
 
“Disqualified Organization”: Any of the following: (i) the United States, any State or political subdivision thereof, any possession of the United States, or any agency or instrumentality of any of the foregoing (other than an instrumentality which is a corporation if all of its activities are subject to tax and, except for Freddie Mac, a majority of its board of directors is not selected by such governmental unit), (ii) any foreign government, any international organization, or any agency or instrumentality of any of the foregoing, (iii) any organization (other than certain farmers’ cooperatives described in Section 521 of the Code) which is exempt from the tax imposed by Chapter 1 of the Code (including the tax imposed by Section 511 of the Code on unrelated business taxable income), (iv) rural electric and telephone cooperatives described in Section 1381(a)(2)(C) of the Code, (v) an “electing large partnership” within the meaning of Section 775 of the Code and (vi) any other Person so designated by the Trustee or Trust Administrator based upon an Opinion of Counsel that the holding of an Ownership Interest in a Residual Certificate by such Person may cause any REMIC or any Person having an Ownership Interest in any Class of Certificates (other than such Person) to incur a liability for any federal tax imposed under the Code that would not otherwise be imposed but for the Transfer of an Ownership Interest in a Residual Certificate to such Person. The terms “United States,” “State” and “international organization” shall have the meanings set forth in Section 7701 of the Code or successor provisions.
 
“Distribution Account”: The trust account or accounts created and maintained by the Trust Administrator pursuant to Section 3A.11 which shall be entitled “Wells Fargo Bank, N.A., as Trust Administrator for U.S. Bank National Association as Trustee, in trust for the registered holders of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1.” The Distribution Account must be an Eligible Account.
 
“Distribution Date”: The 25th day of any month, or if such 25th day is not a Business Day, the Business Day immediately following such 25th day, commencing in November 2006.
 
“DOL”: The United States Department of Labor or any successor in interest.
 
“DOL Regulations”: The regulations promulgated by the DOL at 29 C.F.R.ss.2510.3-101.
 
“Due Date”: With respect to each Distribution Date, the first day of the calendar month in which such Distribution Date occurs, which is 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 any Distribution Date, the period commencing on the second day of the calendar month preceding the calendar month in which such Distribution Date occurs and ending on the related Due Date.
 
“Eligible Account”: Any of (i) an account or accounts maintained with a Depository Institution, (ii) an account or accounts the deposits in which are fully insured by the FDIC, (iii) a trust account or accounts maintained with the corporate trust department of a federal or state chartered depository institution or trust company acting in its fiduciary capacity or (iv) an account otherwise acceptable to each Rating Agency without reduction or withdrawal of their then current ratings of the Certificates as evidenced by a letter from each Rating Agency to the Trustee and Trust Administrator. Eligible Accounts may bear interest.
 
“ERISA”: The Employee Retirement Income Security Act of 1974, as amended.
 
“Estate in Real Property”: A fee simple estate in a parcel of land.
 
“Excess Overcollateralized Amount”: With respect to the Class A Certificates and the Mezzanine Certificates and any Distribution Date, the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed) over (ii) the Overcollateralization Target Amount for such Distribution Date.
 
“Exchange Act”: The Securities Exchange Act of 1934, as amended.
 
“Expense Adjusted Mortgage Rate”: With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the sum of the (i) the Master Servicing Fee Rate (ii) the Servicing Fee Rate and (iii) the Credit Risk Manager Fee Rate.
 
“Extraordinary Trust Fund Expenses”: Any amounts reimbursable to each Servicer or the Depositor pursuant to Section 6.03, any amounts reimbursable to the Master Servicer pursuant to Section 3A.03 or Section 6.03, to the Trustee pursuant to Section 3.06 or Section 7.02, any amounts payable from the Distribution Account in respect of taxes pursuant to Section 10.01(g)(iii), any amounts reimbursable to the Trustee, the Trust Administrator or a Custodian from the Trust Fund pursuant to Section 2.01, Section 8.05 or 10.01(c) and any other costs, expenses, liabilities and losses borne by the Trust Fund for which the Trust Fund has not and, in the reasonable good faith judgment of the Trust Administrator, shall not, obtain reimbursement or indemnification from any other Person.
 
“Fannie Mae”: Fannie Mae, formally known as the Federal National Mortgage Association, or any successor thereto.
 
“FDIC”: Federal Deposit Insurance Corporation or any successor thereto.
 
“Final Recovery Determination”: With respect to any defaulted Mortgage Loan or any REO Property (other than a Mortgage Loan or REO Property purchased by the related Originator, the Sponsor, the Depositor or a Servicer pursuant to or as contemplated by Section 2.03 or Section 9.01), a determination made by the related Servicer that all Liquidation Proceeds have been recovered. Each Servicer shall maintain records of each Final Recovery Determination made thereby.
 
“Fitch”: Fitch Ratings, or its successor in interest.
 
“Fixed Rate Certificates”: The Class A-4 Certificates, the Class A-5 Certificates, the Class A-6 Certificates, the Class A-7 Certificates and the Mezzanine Certificates.
 
“Floating Rate Certificates”: The Class A-1 Certificates, the Class A-2 Certificates and the Class A-3 Certificates.
 
“Form 8-K Disclosure Information”: The meaning set forth in Section 4.07(a)(iii).
 
“Freddie Mac”: Freddie Mac, formally known as the Federal Home Loan Mortgage Corporation, or any successor thereto. 
 
“Highest Priority”: As of any date of determination, the Class of Mezzanine Certificates then outstanding with a Certificate Principal Balance greater than zero, with the highest priority for payments pursuant to Section 4.01, in the following order: Class M-1, Class M-2, Class M-3, Class M-4.
 
“Indenture”: An indenture relating to the issuance of notes secured by the Class CE Certificates, the Class P Certificates and/or the Residual Certificates (or any portion thereof).
 
“Independent”: When used with respect to any specified Person, any such Person who (a) is in fact independent of the Depositor, the Servicers, the Master Servicer and their respective Affiliates, (b) does not have any direct financial interest in or any material indirect financial interest in the Depositor, the Servicers, the Master Servicer or any Affiliate thereof, and (c) is not connected with the Depositor, the Servicers, the Master Servicer or any Affiliate thereof as an officer, employee, promoter, underwriter, trustee, partner, director or Person performing similar functions; provided, however, that a Person shall not fail to be Independent of the Depositor, the Servicers, the Master Servicer or any Affiliate thereof merely because such Person is the beneficial owner of 1% or less of any class of securities issued by the Depositor or the Servicers or any Affiliate thereof, as the case may be.
 
“Independent Contractor”: Either (i) any Person (other than a Servicer or the Master Servicer) that would be an “independent contractor” with respect to any REMIC within the meaning of Section 856(d)(3) of the Code if any REMIC were a real estate investment trust (except that the ownership tests set forth in that section shall be considered to be met by any Person that owns, directly or indirectly, 35% or more of any Class of Certificates), so long as any REMIC does not receive or derive any income from such Person and provided that the relationship between such Person and any REMIC is at arm’s length, all within the meaning of Treasury Regulation Section 1.856-4(b)(5), or (ii) any other Person (including a Servicer or the Master Servicer) if the Trust Administrator has received an Opinion of Counsel for the benefit of the Trustee and the Trust Administrator to the effect that the taking of any action in respect of any REO Property by such Person, subject to any conditions therein specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property to cease to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code (determined without regard to the exception applicable for purposes of Section 860D(a) of the Code), or cause any income realized in respect of such REO Property to fail to qualify as Rents from Real Property.
 
“Insurance Proceeds”: Proceeds of any title policy, hazard policy or other insurance policy covering a Mortgage Loan, to the extent such proceeds are not to be applied to the restoration of the related Mortgaged Property or released to the Mortgagor in accordance with the procedures that the related Servicer would follow in servicing mortgage loans held for its own account, subject to the terms and conditions of the related Mortgage Note and Mortgage.
 
“Interest Accrual Period”: With respect to any Distribution Date and the Floating Rate Certificates, the period commencing on the Distribution Date of the month immediately preceding the month in which such Distribution Date occurs (or, in the case of the first Distribution Date, commencing on the Closing Date) and ending on the day preceding such Distribution Date. With respect to any Distribution Date and the Fixed Rate Certificates, the Class CE Certificates and the REMIC Regular Interests, the one-month period ending on the last day of the calendar month preceding the month in which such Distribution Date occurs.
 
“Interest Carry Forward Amount”: With respect to any Distribution Date and the Class A Certificates or the Mezzanine Certificates, the sum of (i) the amount, if any, by which (a) the Interest Distribution Amount for such Class of Certificates as of the immediately preceding Distribution Date exceeded (b) the actual amount distributed on such Class of Certificates in respect of interest on such immediately preceding Distribution Date, (ii) the amount of any Interest Carry Forward Amount for such Class of Certificates remaining unpaid from the previous Distribution Date and (iii) accrued interest on the sum of (i) and (ii) above calculated at the related Pass-Through Rate for the most recently ended Interest Accrual Period.
 
“Interest Determination Date”: With respect to the Floating Rate Certificates and for purposes of the definition of Marker Rate and Maximum I-LTZZ Uncertificated Interest Deferral Amount, REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2 and REMIC I Regular Interest I-LTA3, and any Interest Accrual Period therefor, the second London Business Day preceding the commencement of such Interest Accrual Period.
 
“Interest Distribution Amount”: With respect to any Floating Rate Certificate, Fixed Rate Certificate, the Class CE Certificates and each Distribution Date, interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Certificate for such Distribution Date on the Certificate Principal Balance, in the case of the Floating Rate Certificates and the Fixed Rate Certificates, or on the Notional Amount, in the case of the Class CE Certificates, of such Certificate immediately prior to such Distribution Date. The Class P Certificates are not entitled to distributions in respect of interest and, accordingly, shall not accrue interest. All distributions of interest on the Floating Rate Certificates shall be calculated on the basis of a 360-day year and the actual number of days in the applicable Interest Accrual Period. All distributions of interest on the Fixed Rate Certificates and the Class CE Certificates shall be based on a 360-day year consisting of twelve 30-day months. The Interest Distribution Amount with respect to each Distribution Date, as to any Floating Rate Certificate, Fixed Rate Certificate or the Class CE Certificates, shall be reduced by an amount equal to the portion allocable to such Certificate pursuant to Section 1.02 hereof of the sum of (a) the aggregate Prepayment Interest Shortfall, if any, for such Distribution Date to the extent not covered by payments pursuant to Section 3.24 and (b) the aggregate amount of any Relief Act Interest Shortfall, if any, for such Distribution Date.
 
“Interest Remittance Amount”: For any Distribution Date, that portion of the Available Distribution Amount for the related Distribution Date that represents interest received or advanced on the Mortgage Loans and Compensating Interest Payments on the Mortgage Loans (net of Master Servicing Fees, Servicing Fees and Credit Risk Manager Fees).
 
“Late Collections”: With respect to any Mortgage Loan, all amounts received subsequent to the Determination Date immediately following any Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds, Subsequent Recoveries or otherwise, which represent late payments or collections of principal and/or interest due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) but delinquent for such Due Period and not previously recovered.
 
“Liquidation Event”: With respect to any Mortgage Loan, any of the following events: (i) such Mortgage Loan is paid in full; (ii) a Final Recovery Determination is made as to such Mortgage Loan; or (iii) such Mortgage Loan is removed from any REMIC by reason of its being purchased, sold or replaced pursuant to or as contemplated by Section 2.03 or Section 9.01. With respect to any REO Property, either of the following events: (i) a Final Recovery Determination is made as to such REO Property; or (ii) such REO Property is removed from REMIC I by reason of its being purchased pursuant to Section 9.01.
 
“Liquidation Proceeds”: The amount (including any Insurance Proceeds or amounts received in respect of the rental of any REO Property prior to REO Disposition) received by the related Servicer in connection with (i) the taking of all or a part of a Mortgaged Property by exercise of the power of eminent domain or condemnation, (ii) the liquidation of a defaulted Mortgage Loan through a trustee’s sale, foreclosure sale or otherwise, or (iii) the repurchase, substitution or sale of a Mortgage Loan or an REO Property pursuant to or as contemplated by Section 2.03, Section 3.23 or Section 9.01.
 
“Loan-to-Value Ratio”: As of any date of determination, the fraction, expressed as a percentage, the numerator of which is the principal balance of the related Mortgage Loan at such date and the denominator of which is the Value of the related Mortgaged Property.
 
“Lockout Certificate Percentage”: With respect to each Distribution Date and the NAS Certificates, an amount calculated for each Distribution Date to be the percentage equal to the aggregate Certificate Principal Balance of the NAS Certificates immediately prior to such Distribution Date divided by the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date.
 
“Lockout Distribution Percentage”: With respect to the NAS Certificates and any Distribution Date, the indicated percentage of the Lockout Certificate Percentage for such Distribution Date:
 
Period
Lockout Distribution Percentage
1 to 36
0%
37 to 60
45%
61 to 72
80%
73 to 84
100%
85 and thereafter
300%

 
“London Business Day”: Any day on which banks in the City of London and New York are open and conducting transactions in United States dollars.
 
“Marker Rate”: With respect to the Class CE Interest and any Distribution Date, a per annum rate equal to two (2) times the weighted average of the REMIC I Remittance Rate for REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3 REMIC I Regular Interest I-LTM4, and REMIC I Regular Interest I-LTZZ, with the rate on each such REMIC I Regular Interest (other than REMIC I Regular Interest I-LTZZ) subject to a cap equal to the lesser of (i) the Pass-Through Rate for the related Corresponding Certificate (without regard to the Net Wac Pass-Through Rate) and (ii) the Net WAC Pass-Through Rate for the related Corresponding Certificate for the purpose of this calculation for such Distribution Date and with the rate on REMIC I Regular Interest I-LTZZ subject to a cap of zero for the purpose of this calculation; provided, however, such cap with respect to REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2 and REMIC I Regular Interest I-LTA3 shall be multiplied by a fraction, the numerator of which is the actual number of days elapsed in the related Interest Accrual Period and the denominator of which is 30.
 
“Master Agreement”: Any of the Master Mortgage Loan Purchase and Interim Servicing Agreements between the related Originator and the Sponsor.
 
“Master Servicer”: As of the Closing Date, Wells Fargo Bank, N.A. and thereafter, its respective successors in interest who meet the qualifications of the Master Servicer under this Agreement or any successor appointed hereunder. The Master Servicer and the Trust Administrator shall at all times be the same Person.
 
“Master Servicer Event of Default”: One or more of the events described in Section 7.01(b).
 
“Master Servicing Compensation”: The meaning specified in Section 3A.09.
 
“Master Servicing Fee”: With respect to each Mortgage Loan, the amount of the annual fee paid to the Master Servicer, which shall, for a period of one full month, be equal to one-twelfth of the product of (a) the Master Servicing Fee Rate (without regard to the words “per annum”) and (b) the Stated Principal Balance of such Mortgage Loan as of the first day of the related Due Period. Such fee shall be payable monthly, computed on the basis of the same principal amount and period respecting which any related interest payment on a Mortgage Loan is received.
 
“Master Servicing Fee Rate”: With respect to each Mortgage Loan, the rate of 0.0075% per annum.
 
“Master Servicing Transfer Costs”: Shall mean all reasonable out-of-pocket costs and expenses incurred by the Trustee in connection with the transfer of master servicing from a predecessor master servicer, including, without limitation, any reasonable costs or expenses associated with the complete transfer of all servicing data and master servicing data and the completion, correction or manipulation of such servicing data as may be required by the Trustee to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee to master service the Mortgage Loans properly and effectively.
 
“Maximum I-LTZZ Uncertificated Interest Deferral Amount”: With respect to any Distribution Date, the excess of (i) accrued interest at the REMIC I Remittance Rate applicable to REMIC I Regular Interest I-LTZZ for such Distribution Date on a balance equal to the Uncertificated Balance of REMIC I Regular Interest I-LTZZ minus the REMIC I Overcollateralized Amount, in each case for such Distribution Date, over (ii) Uncertificated Interest on REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3 and REMIC I Regular Interest I-LTM4 for such Distribution Date, with the rate on each such REMIC I Regular Interest subject to a cap equal to the lesser of (i) the Pass-Through Rate for the related Corresponding Certificate (without regard to the Net Wac Pass-Through Rate) and (ii) the Net WAC Pass-Through Rate for the related Corresponding Certificate for the purpose of this calculation for such Distribution Date and with the rate on REMIC I Regular Interest I-LTZZ subject to a cap of zero for the purpose of this calculation; provided, however, such cap with respect to REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2 and REMIC I Regular Interest I-LTA3 shall be multiplied by a fraction, the numerator of which is the actual number of days elapsed in the related Interest Accrual Period and the denominator of which is 30.
 
“MERS”: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.
 
“MERS System”: The system of recording transfers of Mortgages electronically maintained by MERS.
 
“Mezzanine Certificates”: Collectively, the Class M-1 Certificates, the Class M-2 Certificates, the Class M-3 Certificates and the Class M-4 Certificates.
 
“MIN”: The Mortgage Identification Number for Mortgage Loans registered with MERS on the MERS System.
 
“MOM Loan”: With respect to any Mortgage Loans registered with MERS on the MERS® System, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.
 
“Monthly Payment”: With respect to any Mortgage Loan, the scheduled monthly payment of principal and/or interest on such Mortgage Loan which is payable by the related Mortgagor from time to time under the related Mortgage Note, determined: (a) after giving effect to (i) any Deficient Valuation and/or Debt Service Reduction with respect to such Mortgage Loan and (ii) any reduction in the amount of interest collectible from the related Mortgagor pursuant to the Relief Act; (b) without giving effect to any extension granted or agreed to by the Servicer pursuant to Section 3.07; and (c) on the assumption that all other amounts, if any, due under such Mortgage Loan are paid when due.
 
“Monthly Statement”: The statement prepared by the Trust Administrator pursuant to Section 4.02.
 
“Moody’s”: Moody’s Investors Service, Inc., or its successor in interest.
 
“Mortgage”: The mortgage, deed of trust or other instrument creating a first lien on, or first priority security interest in, a Mortgaged Property securing a Mortgage Note.
 
“Mortgage File”: The mortgage documents listed in Section 2.01 pertaining to a particular Mortgage Loan and any additional documents required to be added to the Mortgage File pursuant to this Agreement.
 
“Mortgage Loan”: Each mortgage loan transferred and assigned to the Trustee pursuant to Section 2.01 or Section 2.03(d) of this Agreement, as from time to time held as a part of REMIC I, the Mortgage Loans so held being identified in the Mortgage Loan Schedule.
 
“Mortgage Loan Remittance Rate”: With respect to any Mortgage Loan or REO Property, as of any date of determination, the then applicable Mortgage Rate in respect thereof net of the Servicing Fee Rate.
 
“Mortgage Loan Schedule”: As of any date, the list of Mortgage Loans included in REMIC I on such date. The Mortgage Loan Schedule shall set forth the following information with respect to each Mortgage Loan:
 
(i)  the Mortgage Loan identifying number;
 
(ii)  a code indicating whether the Mortgaged Property is owner-occupied;
 
(iii)  that state and zip code of the Mortgaged Property
 
(iv)  the type of Residential Dwelling constituting the Mortgaged Property;
 
(v)  the original months to maturity;
 
(vi)  the stated remaining months to maturity from the Cut-off Date base on the original amortization schedule of the mortgage;
 
(vii)  the Loan-to-Value Ratio at origination;
 
(viii)  the Mortgage Rate in effect immediately following the Cut-off Date;
 
(ix)  the date on which the first Monthly Payment was due on the Mortgage Loan;
 
(x)  the stated maturity date;
 
(xi)  the amount of the Monthly Payment at origination;
 
(xii)  the amount of the Monthly Payment as of the Cut-off Date;
 
(xiii)  the last Due Date on which a Monthly Payment was actually applied to the unpaid Stated Principal Balance;
 
(xiv)  the original principal amount of the Mortgage Loan;
 
(xv)  the Scheduled Principal Balance of the Mortgage Loan as of the close of business on the Cut-off Date;
 
(xvi)  a code indicating the purpose of the Mortgage Loan (i.e., purchase financing, Rate/Term Refinancing, Cash-Out Refinancing);
 
(xvii)  a code indicating the documentation style (i.e., full, alternative or reduced);
 
(xviii)  the Value of the Mortgaged Property;
 
(xix)  the sale price of the Mortgaged Property, if applicable;
 
(xx)  the actual unpaid principal balance of the Mortgage Loan as of the Cut-off Date;
 
(xxi)  the Servicing Fee Rate;
 
(xxii)  the credit score (“FICO”) of such Mortgage Loan;
 
(xxiii)  the total amount of points and fees charged such Mortgage Loan;
 
(xxiv)  the term of the Prepayment Charge , if any; and
 
(xxv)  the percentage of the principal balance covered by lender paid mortgage insurance, if any.
 
The Mortgage Loan Schedule shall set forth the following information with respect to the Mortgage Loans as of the Cut-off Date: (1) the number of Mortgage Loans; (2) the current principal balance of the Mortgage Loans; (3) the weighted average Mortgage Rate of the Mortgage Loans; (4) the weighted average maturity of the Mortgage Loans; (5) the Scheduled Principal Balance of the Mortgage Loans as of the close of business on the Cut-off Date (not taking into account any Principal Prepayments received on the Cut-off Date); and (6) the amount of the Monthly Payment as of the Cut-off Date. The Mortgage Loan Schedule shall be amended from time to time by the Depositor in accordance with the provisions of this Agreement. With respect to any Qualified Substitute Mortgage Loan, Cut-off Date shall refer to the related Cut-off Date for such Mortgage Loan, determined in accordance with the definition of Cut-off Date herein.
 
“Mortgage Note”: The original executed note or other evidence of the indebtedness of a Mortgagor under a Mortgage Loan.
 
“Mortgage Pool”: The pool of Mortgage Loans, identified on Schedule 1 from time to time, and any REO Properties acquired in respect thereof.
 
“Mortgage Rate”: With respect to each Mortgage Loan, the annual rate at which interest accrues on such Mortgage Loan from time to time in accordance with the provisions of the related Mortgage Note, without regard to any reduction thereof as a result of a Debt Service Reduction or operation of the Relief Act shall remain constant at the rate set forth in the Mortgage Loan Schedule as the Mortgage Rate in effect immediately following the Cut-off Date. With respect to each Mortgage Loan that becomes an REO Property, as of any date of determination, the annual rate determined in accordance with the immediately preceding sentence as of the date such Mortgage Loan became an REO Property.
 
“Mortgaged Property”: The underlying property securing a Mortgage Loan, including any REO Property, consisting of an Estate in Real Property improved by a Residential Dwelling.
 
“Mortgagor”: The obligor on a Mortgage Note.
 
“NAS Certificates”: The Class A-6 Certificates and the Class A-7 Certificates.
 
“Net Monthly Excess Cashflow”: With respect to any Distribution Date, the sum of (i) any Overcollateralization Reduction Amount and (ii) the excess of (x) the Available Distribution Amount for such Distribution Date over (y) the sum for such Distribution Date of (A) the Senior Interest Distribution Amounts distributable to the holders of the Class A Certificates and the Interest Distribution Amounts distributable to the holders of the Mezzanine Certificates and (B) the Principal Remittance Amount.
 
“Net WAC Pass-Through Rate”: With respect to any Distribution Date and the Fixed Rate Certificates and the Floating Rate Certificates, a per annum rate equal to the weighted average of the Expense Adjusted Mortgage Rates of the Mortgage Loans, weighted on the basis of the outstanding Stated Principal Balances of the Mortgage Loans as of the first day of the Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period including such first day of the related Due Period) multiplied, in the case of the Floating Rate Certificates, by a fraction, the numerator of which is 30 and the denominator of which is the actual number of days elapsed in the related Interest Accrual Period. For federal income tax purposes, such rate shall be expressed as the weighted average of the REMIC I Remittance Rate on the REMIC I Regular Interests, weighted on the basis of the Uncertificated Balance of each such REMIC I Regular Interest.
 
“Net WAC Rate Carryover Reserve Account”: The Net WAC Rate Carryover Reserve Account established and maintained pursuant to Section 4.06.
 
“Net WAC Rate Carryover Amount”: With respect to any Distribution Date and any Class of Floating Rate Certificates and Fixed Rate Certificates, the sum of (A) the positive excess, if any, of (i) the amount of interest that would have accrued on such Class of Certificates for such Distribution Date if the Pass-Through Rate for such Class of Certificates for such Distribution Date were calculated at the related Base Rate over (ii) the amount of interest accrued on such Class of Certificates at the Net WAC Pass-Through Rate for such Distribution Date and (B) the related Net WAC Rate Carryover Amount for the previous Distribution Date not previously distributed together with interest accrued on such unpaid amount for the most recently ended Interest Accrual Period at the related Base Rate for such Class of Certificates and such Distribution Date.
 
“New Lease”: Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.
 
“Nonrecoverable Advance”: Any P&I Advance or Servicing Advance previously made or proposed to be made in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the related Servicer or the Master Servicer, as applicable, will not or, in the case of a proposed P&I Advance or Servicing Advance, would not, be ultimately recoverable from related late payments, Insurance Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein.
 
“Non-United States Person”: Any Person other than a United States Person.
 
“Notional Amount”: With respect to the Class CE Interest and any Distribution Date, the aggregate Uncertificated Balance of the REMIC I Regular Interests (other than REMIC I Regular Interest I-LTP, for such Distribution Date.
 
“Officers’ Certificate”: A certificate signed by the Chairman of the Board, the Vice Chairman of the Board, the President or a vice president (however denominated), and by the Treasurer, the Secretary, or one of the assistant treasurers or assistant secretaries of a Servicer, the Master Servicer, the Sponsor or the Depositor, as applicable.
 
“One-Month LIBOR”: For purposes of the Floating Rate Certificates, the Marker Rate and Maximum I-LTZZ Uncertificated Interest Deferral Amount, REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2 and REMIC I Regular Interest I-LTA3, and any Interest Accrual Period therefor, the rate determined by the Trust Administrator on the related Interest Determination Date on the basis of the offered rate for one-month U.S. dollar deposits, as such rate appears on Telerate Page 3750, Bloomberg Page BBAM or another page of these or any other financial reporting service in general use in the financial services industry, as of 11:00 a.m. (London time) on such Interest Determination Date; provided that if such rate does not appear on Telerate Page 3750, the rate for such date will be determined on the basis of the offered rates of the Reference Banks for one-month U.S. dollar deposits, as of 11:00 a.m. (London time) on such Interest Determination Date. In such event, the Trust Administrator will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If on such Interest Determination Date, two or more Reference Banks provide such offered quotations, One-Month LIBOR for the related Interest Accrual Period shall be the arithmetic mean of such offered quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If on such Interest Determination Date, fewer than two Reference Banks provide such offered quotations, One-Month LIBOR for the related Interest Accrual Period shall be the higher of (i) LIBOR as determined on the previous Interest Determination Date and (ii) the Reserve Interest Rate. Notwithstanding the foregoing, if, under the priorities described above, LIBOR for an Interest Determination Date would be based on LIBOR for the previous Interest Determination Date for the third consecutive Interest Determination Date, the Trust Administrator, after consultation with the Depositor, shall select an alternative comparable index (over which the Trust Administrator has no control), used for determining one-month Eurodollar lending rates that is calculated and published (or otherwise made available) by an independent party.
 
“Opinion of Counsel”: A written opinion of counsel, who may, without limitation, be salaried counsel for the Depositor, a Servicer, the Master Servicer or the Trust Administrator acceptable to the Trustee, if such opinion is delivered to the Trustee, or reasonably acceptable to the Trust Administrator, if such opinion is delivered to the Trust Administrator, except that any opinion of counsel relating to (a) the qualification of any Trust REMIC as a REMIC or (b) compliance with the REMIC Provisions must be an opinion of Independent counsel.
 
“Opteum”: Opteum Financial Serivces, LLC.
 
“Opteum Mortgage Loans”: The Mortgage Loans serviced by Opteum.
 
“Optional Termination Date”: The Determination Date on which the aggregate Stated Principal Balance of the Mortgage Loans and each REO Property remaining in the Trust Fund is less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
“Original Mortgage Loan”: Any Mortgage Loans included in the Trust Fund as of the Closing Date.
 
“Originator”: Each of Ameriquest Mortgage Company, Opteum Financial Services, Inc. and MortgageIT, Inc.
 
“Overcollateralization Deficiency Amount”: With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Target Amount applicable to such Distribution Date over (b) the Overcollateralized Amount applicable to such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed).
 
“Overcollateralization Increase Amount”: With respect to any Distribution Date, the lesser of (a) the Net Monthly Excess Cashflow for such Distribution Date and (b) the Overcollateralization Deficiency Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed).
 
“Overcollateralization Reduction Amount”: With respect to any Distribution Date, an amount equal to the lesser of (a) the Principal Remittance Amount for such Distribution Date and (b) the Excess Overcollateralized Amount.
 
“Overcollateralization Target Amount”: With respect to any Distribution Date, (i) prior to the Stepdown Date, an amount equal to 2.00% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (ii) on or after the Stepdown Date provided a Trigger Event is not in effect, the greater of (x) 4.00% of the then current aggregate outstanding Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period and (y) 0.35% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, or (iii) on or after the Stepdown Date and if a Trigger Event is in effect, the Overcollateralization Target Amount for the immediately preceding Distribution Date. Notwithstanding the foregoing, on and after any Distribution Date following the reduction of the aggregate Certificate Principal Balance of the Floating Rate Certificates and the Fixed Rate Certificates to zero, the Overcollateralization Target Amount shall be zero.
 
“Overcollateralized Amount”: With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over (b) the sum of the aggregate Certificate Principal Balance of the Floating Rate Certificates, the Fixed Rate Certificates and the Class P Certificates after giving effect to distributions to be made on such Distribution Date.
 
“Ownership Interest”: As to any Certificate, any ownership or security interest in such Certificate, including any interest in such Certificate as the Holder thereof and any other interest therein, whether direct or indirect, legal or beneficial, as owner or as pledgee.
 
“Pass-Through Rate”: With respect to the Floating Rate Certificates and the Fixed Rate Certificates and any Distribution Date, will be the lesser of (x) the related Base Rate for such Distribution Date and (y) the Net WAC Pass-Through Rate for such Distribution Date.
 
With respect to the Class CE Interest and any Distribution Date, a per annum rate equal to the percentage equivalent of a fraction, the numerator of which is (x) the sum of (i) 100% of the interest on REMIC I Regular Interest I-LTP and (ii) interest on the Uncertificated Principal Balance of each REMIC I Regular Interest listed in clause (y) below at a rate equal to the related REMIC I Remittance Rate minus the Marker Rate and the denominator of which is (y) the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4 and REMIC I Regular Interest I-LTZZ.
 
With respect to the Class CE Certificates, 100% of the interest distributable to the Class CE Interest, expressed as a per annum rate.
 
“Percentage Interest”: With respect to any Class of Certificates (other than the Residual Certificates), the portion of the respective Class evidenced by such Certificate, expressed as a percentage, the numerator of which is the initial Certificate Principal Balance or Notional Amount represented by such Certificate, and the denominator of which is the initial aggregate Certificate Principal Balance or Notional Amount of all of the Certificates of such Class. The Class A Certificates and the Mezzanine Certificates are issuable only in minimum Percentage Interests corresponding to minimum initial Certificate Principal Balances of $25,000 and integral multiples of $1.00 in excess thereof. The Class P Certificates are issuable only in Percentage Interests corresponding to initial Certificate Principal Balances of $20 and integral multiples thereof. The Class CE Certificates are issuable only in minimum Percentage Interests corresponding to minimum initial Certificate Principal Balances of $100,000 and integral multiples of $1.00 in excess thereof; provided, however, that a single Certificate of each such Class of Certificates may be issued having a Percentage Interest corresponding to the remainder of the aggregate initial Certificate Principal Balance or Notional Amount of such Class or to an otherwise authorized denomination for such Class plus such remainder. With respect to any Residual Certificate, the undivided percentage ownership in such Class evidenced by such Certificate, as set forth on the face of such Certificate. The Residual Certificates are issuable in Percentage Interests of 20% and multiples thereof.
 
“Permitted Investments”: Any one or more of the following obligations or securities acquired at a purchase price of not greater than par, regardless of whether issued or managed by the Depositor, a Servicer, the Master Servicer, the Trustee, the Trust Administrator or any of their respective Affiliates:
 
(i)  direct obligations of, or obligations fully guaranteed as to timely payment of principal and interest by, the United States or any agency or instrumentality thereof, provided such obligations are backed by the full faith and credit of the United States;
 
(ii)  demand and time deposits in, certificates of deposit of, or bankers’ acceptances (which shall each have an original maturity of not more than 90 days and, in the case of bankers’ acceptances, shall in no event have an original maturity of more than 365 days or a remaining maturity of more than 30 days) denominated in United States dollars and issued by, any Depository Institution;
 
(iii)  repurchase obligations with respect to any security described in clause (i) above entered into with a Depository Institution (acting as principal);
 
(iv)  securities bearing interest or sold at a discount that are issued by any corporation incorporated under the laws of the United States of America or any state thereof and that are rated by the Rating Agencies in its highest long-term unsecured rating category at the time of such investment or contractual commitment providing for such investment;
 
(v)  commercial paper (including both non-interest-bearing discount obligations and interest-bearing obligations payable on demand or on a specified date not more than 30 days after the date of acquisition thereof) that is rated by the Rating Agencies that rate such securities in its highest short-term unsecured debt rating available at the time of such investment;
 
(vi)  units of money market funds, including those managed or advised by the Trustee, the Trust Administrator or an Affiliate of either of them, that have been rated “AAA” by S&P, “Aaa” by Moody’s and “AAA” by Fitch (if so rated); and
 
(vii)  if previously confirmed in writing to the Servicers, the Trustee and the Trust Administrator, any other demand, money market or time deposit, or any other obligation, security or investment, as may be acceptable to the Rating Agencies as a permitted investment of funds backing securities having ratings equivalent to its highest initial rating of the Class A Certificates;
 
provided, however, that no instrument described hereunder shall evidence either the right to receive (a) only interest with respect to the obligations underlying such instrument or (b) both principal and interest payments derived from obligations underlying such instrument and the interest and principal payments with respect to such instrument provide a yield to maturity at par greater than 120% of the yield to maturity at par of the underlying obligations.
 
“Permitted Transferee”: Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.
 
“Person”: Any individual, corporation, partnership, limited liability company, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.
 
“P&I Advance”: As to any Mortgage Loan or REO Property, any advance made by a Servicer in respect of any Distribution Date pursuant to Section 4.03 or by the Master Servicer (in its capacity as a successor Servicer) or any other successor Servicer pursuant to Section 4.03.
 
“Plan”: Any employee benefit plan or certain other retirement plans and arrangements, including individual retirement accounts and annuities, Keogh plans and bank collective investment funds and insurance company general or separate accounts in which such plans, accounts or arrangements are invested, that are subject to ERISA or Section 4975 of the Code.
 
“Prepayment Assumption”: As defined in the Prospectus Supplement.
 
“Prepayment Charge”: With respect to any Prepayment Period, any prepayment premium, fee or charge payable by a Mortgagor in connection with any voluntary Principal Prepayment on a Mortgage Loan (and in the case of the Ameriquest Mortgage Loans, in connection with any Principal Prepayment in full on such a Mortgage Loan) pursuant to the terms of the related Mortgage Note (other than any Servicer Prepayment Charge Payment Amount).
 
“Prepayment Charge Schedule”: As of any date, the list of Prepayment Charges included in the Trust Fund on such date (provided by the Depositor), attached hereto as Schedule 2 (including the prepayment charge summary attached thereto). The Prepayment Charge Schedule shall set forth the following information with respect to each Prepayment Charge:
 
(i)  the Mortgage Loan identifying number;
 
(ii)  a code indicating the type of Prepayment Charge;
 
(iii)  the date on which the first Monthly Payment was due on the related Mortgage Loan;
 
(iv)  the term of the related Prepayment Charge;
 
(v)  the original Stated Principal Balance of the related Mortgage Loan; and
 
(vi)  the Stated Principal Balance of the related Mortgage Loan as of the Cut-off Date.
 
“Prepayment Interest Excess”: With respect to any Distribution Date, for each Mortgage Loan that was the subject of a Principal Prepayment in full during the portion of the related Prepayment Period commencing on the first day of the calendar month in which the Distribution Date occurs and ending at the end of the related Prepayment Period, an amount equal to interest (to the extent received) at the applicable Mortgage Rate on the amount of such Principal Prepayment for the number of days commencing on the first day of the calendar month in which such Distribution Date occurs and ending on the last date through which interest is collected from the related Mortgagor. The Servicer may withdraw such Prepayment Interest Excess from the Collection Account.
 
“Prepayment Interest Shortfall”: With respect to any Distribution Date, for each Mortgage Loan that was during the related Prepayment Period the subject of a voluntary Principal Prepayment occurring between the first day of the related Prepayment Period and the last day of the calendar month preceding the calendar month in which such Distribution Date occurs, an amount equal to interest at the applicable Mortgage Loan Remittance Rate on the amount of such Principal Prepayment for the number of days commencing on the date on which the prepayment is applied and ending on the last day of the calendar month preceding the calendar month in which such Distribution Date occurs. The obligations of each Servicer in respect of any Prepayment Interest Shortfall are set forth in Section 3.24.
 
“Prepayment Period”: With respect to the Ameriquest Mortgage Loans, the Prepayment Period for any Distribution Date with respect to voluntary Principal Prepayments in full and Principal Prepayments in part, the period commencing on the 11th day of the month preceding the month in which such Distribution Date occurs (or in the case of the first Distribution Date, commencing on October 1, 2006) and ending on the 10th day of the calendar month in which such Distribution Date occurs. With respect to the Wells Fargo Mortgage Loans, the Prepayment Period for any Distribution Date with respect to (i) voluntary Principal Prepayments in full, the period commencing on the 14th day of the month preceding the month in which such Distribution Date occurs (or in the case of the first Distribution Date, commencing on October 1, 2006) and ending on the 13th day of the calendar month in which such Distribution Date occurs and (ii) Principal Prepayments in part, the calendar month preceding the month in which such Distribution Date occurs. With respect to the Opteum Mortgage Loans, the Prepayment Period for any Distribution Date with respect to (i) voluntary Principal Prepayments in full, the period commencing on the 16th day of the month preceding the month in which such Distribution Date occurs (or in the case of the first Distribution Date, commencing on October 1, 2006) and ending on the 15th day of the calendar month in which such Distribution Date occurs and (ii) Principal Prepayments in part, the calendar month preceding the month in which such Distribution Date occurs.
 
“Prime Rate”: The lesser of (i) the per annum rate of interest, publicly announced from time to time by Chase Manhattan Bank at its principal office in the City of New York, as its prime or base lending rate (any change in such rate of interest to be effective on the date such change is announced by Chase Manhattan Bank) and (ii) the maximum rate permissible under applicable usury or similar laws limiting interest rates.
 
“Principal Distribution Amount”: With respect to any Distribution Date, the sum of (i) the principal portion of each Monthly Payment due on the Mortgage Loans during the related Due Period, whether or not received on or prior to the related Determination Date; (ii) the Stated Principal Balance of any Mortgage Loan that was purchased during the related Prepayment Period pursuant to or as contemplated by Section 2.03 or Section 9.01 and the amount of any shortfall deposited in the Collection Account in connection with the substitution of a Deleted Mortgage Loan pursuant to Section 2.03 during the related Prepayment Period; (iii) the principal portion of all other unscheduled collections (including, without limitation, Principal Prepayments, Insurance Proceeds, Liquidation Proceeds, Subsequent Recoveries and REO Principal Amortization) received on the Mortgage Loans during the related Prepayment Period, net of any portion thereof that represents a recovery of principal for which an Advance was made by the Servicer pursuant to Section 4.03 in respect of a preceding Distribution Date and (iv) any Overcollateralization Increase Amount for such Distribution Date minus (v) any Overcollateralization Reduction Amount for such Distribution Date. In no event will the Principal Distribution Amount with respect to any Distribution Date be (x) less than zero or (y) greater than the then outstanding aggregate Certificate Principal Balance of the Floating Rate Certificates and the Fixed Rate Certificates.
 
“Principal Prepayment”: Any payment of principal made by the Mortgagor on a Mortgage Loan which is received in advance of its scheduled Due Date and which is not accompanied by an amount of interest representing the full amount of scheduled interest due on any Due Date in any month or months subsequent to the month of prepayment.
 
“Principal Remittance Amount”: With respect to any Distribution Date, that portion of the Available Distribution Amount equal to the sum of the amounts set forth in (i) through (iii) of the Principal Distribution Amount.
 
“Prospectus Supplement”: The Prospectus Supplement, dated October 26, 2006, relating to the public offering of the Fixed Rate Certificates and Floating Rate Certificates.
 
“Purchase Price”: With respect to any Mortgage Loan or REO Property to be purchased by the Sponsor pursuant to or as contemplated by Section 2.03 or Section 9.01, and as confirmed by an Officers’ Certificate from the party purchasing the Mortgage Loan to the Trustee and the Trust Administrator, an amount equal to the sum of: (i) 100% of the Stated Principal Balance thereof as of the date of purchase (or such other price as provided in Section 9.01), (ii) in the case of (x) a Mortgage Loan, accrued interest on such Stated Principal Balance at the applicable Mortgage Loan Remittance Rate in effect from time to time from the Due Date as to which interest was last covered by a payment by the Mortgagor or an advance by a Servicer, which payment or advance had as of the date of purchase been distributed pursuant to Section 4.01, through the end of the calendar month in which the purchase is to be effected, and (y) an REO Property, the sum of (1) accrued interest on such Stated Principal Balance at the applicable Mortgage Loan Remittance Rate in effect from time to time from the Due Date as to which interest was last covered by a payment by the Mortgagor or an advance by the Servicer through the end of the calendar month immediately preceding the calendar month in which such REO Property was acquired, plus (2) REO Imputed Interest for such REO Property for each calendar month commencing with the calendar month in which such REO Property was acquired and ending with the calendar month in which such purchase is to be effected, minus the total of all net rental income, Insurance Proceeds, Liquidation Proceeds and P&I Advances that as of the date of purchase had been distributed as or to cover REO Imputed Interest pursuant to Section 4.01; (iii) any unreimbursed Servicing Advances and P&I Advances and any unpaid Servicing Fees and Master Servicing Fees allocable to such Mortgage Loan or REO Property; (iv) any amounts previously withdrawn from the Collection Account in respect of such Mortgage Loan or REO Property pursuant to Sections 3.11(a)(ix) and Section 3.16(b); and (v) in the case of a Mortgage Loan required to be purchased pursuant to Section 2.03, expenses incurred or to be incurred by the Servicers, the Master Servicer, the Trust Administrator or the Trustee in respect of the breach or defect giving rise to the purchase obligation including any costs and damages incurred by the Trust Fund in connection with any violation of any predatory or abusive lending law with respect to the related Mortgage Loan. With respect to any Mortgage Loan or REO Property to be purchased by the related Originator or the Sponsor pursuant to or as contemplated by Section 2.03 or Section 9.01, and as confirmed by an Officers’ Certificate from the related Originator to the Trustee and the Trust Administrator, an amount equal to the amount set forth pursuant to the terms of the related Master Agreement.
 
“Qualified Insurer”: Any insurer which meets the requirements of Fannie Mae and Freddie Mac.
 
“Qualified Substitute Mortgage Loan”: A mortgage loan substituted for a Deleted Mortgage Loan by the Sponsor pursuant to the terms of this Agreement which must, on the date of such substitution, (i) have an outstanding principal balance, after application of all scheduled payments of principal and interest due during or prior to the month of substitution, not in excess of the Scheduled Principal Balance of the Deleted Mortgage Loan as of the Due Date in the calendar month during which the substitution occurs, (ii) have a Mortgage Rate not less than (and not more than one percentage point in excess of) the Mortgage Rate of the Deleted Mortgage Loan, (iii) be covered under a Primary Mortgage Insurance Policy if such Qualified Substitute Mortgage Loan has a Loan-to-Value Ratio in excess of 80% and the Deleted Mortgage Loan was covered by a Primary Mortgage Insurance Policy, (iv) have a remaining term to maturity not greater than (and not more than one year less than) that of the Deleted Mortgage Loan, (v) have the same Due Date as the Due Date on the Deleted Mortgage Loan, (x) have a Loan-to-Value Ratio as of the date of substitution equal to or lower than the Loan-to-Value Ratio of the Deleted Mortgage Loan as of such date, and (vi) conform to each representation and warranty set forth in the related Assignment Agreement applicable to the Deleted Mortgage Loan. In the event that one or more mortgage loans are substituted for one or more Deleted Mortgage Loans, the amounts described in clause (i) hereof shall be determined on the basis of aggregate principal balances, the Mortgage Rates described in clause (ii) hereof shall be determined on the basis of weighted average Mortgage Rates, the terms described in clause (viii) shall be determined on the basis of weighted average remaining terms to maturity, the Loan-to-Value Ratios described in clause (iv) hereof shall be satisfied as to each such mortgage loan and, except to the extent otherwise provided in this sentence, the representations and warranties described in clause (vi) hereof must be satisfied as to each Qualified Substitute Mortgage Loan or in the aggregate, as the case may be. With respect to each Originator, a mortgage loan substituted for a Deleted Mortgage Loan pursuant to the terms of the related Master Agreement which must, on the date of such substitution conform to the terms set forth in the related Master Agreement.
 
“Rate/Term Refinancing”: A Refinanced Mortgage Loan, the proceeds of which are not in excess of the existing first mortgage loan on the related Mortgaged Property and related closing costs, and were used exclusively to satisfy the then existing first mortgage loan of the Mortgagor on the related Mortgaged Property and to pay related closing costs.
 
“Rating Agencies”: S&P, Moody’s and DBRS or their successors. If such agencies or their successors are no longer in existence, the “Rating Agencies” shall be such nationally recognized statistical rating agencies, or other comparable Persons, designated by the Depositor, written notice of which designation shall be given to the Trustee, the Trust Administrator and the Master Servicer.
 
“Realized Loss”: With respect to each Mortgage Loan as to which a Final Recovery Determination has been made, an amount (not less than zero) equal to (i) the unpaid principal balance of such Mortgage Loan as of the commencement of the calendar month in which the Final Recovery Determination was made, plus (ii) accrued interest from the Due Date as to which interest was last paid by the Mortgagor through the end of the calendar month in which such Final Recovery Determination was made, calculated in the case of each calendar month during such period (A) at an annual rate equal to the annual rate at which interest was then accruing on such Mortgage Loan and (B) on a principal amount equal to the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date during such calendar month, plus (iii) any amounts previously withdrawn from the Collection Account in respect of such Mortgage Loan pursuant to Section 3.11(a)(ix) and Section 3.16(b), minus (iv) the proceeds, if any, received in respect of such Mortgage Loan prior to the date such Final Recovery Determination was made, net of amounts that are payable therefrom to the related Servicer with respect to such Mortgage Loan pursuant to Section 3.11(a)(iii).
 
With respect to any REO Property as to which a Final Recovery Determination has been made an amount (not less than zero) equal to (i) the unpaid principal balance of the related Mortgage Loan as of the date of acquisition of such REO Property on behalf of any REMIC, plus (ii) accrued interest from the Due Date as to which interest was last paid by the Mortgagor in respect of the related Mortgage Loan through the end of the calendar month immediately preceding the calendar month in which such REO Property was acquired, calculated in the case of each calendar month during such period (A) at an annual rate equal to the annual rate at which interest was then accruing on the related Mortgage Loan and (B) on a principal amount equal to the Stated Principal Balance of the related Mortgage Loan as of the close of business on the Distribution Date during such calendar month, plus (iii) REO Imputed Interest for such REO Property for each calendar month commencing with the calendar month in which such REO Property was acquired and ending with the calendar month that occurs during the Prepayment Period in which such Final Recovery Determination was made, plus (iv) any amounts previously withdrawn from the Collection Account in respect of the related Mortgage Loan pursuant to Section 3.11(a)(ix) and Section 3.16(b), minus (v) the aggregate of all Servicing Advances made by the related Servicer in respect of such REO Property or the related Mortgage Loan (without duplication of amounts netted out of the rental income, Insurance Proceeds and Liquidation Proceeds described in clause (vi) below) and any unpaid Servicing Fees for which the related Servicer has been or, in connection with such Final Recovery Determination, will be reimbursed pursuant to Section 3.11(a)(iii) or Section 3.23 out of rental income, Insurance Proceeds and Liquidation Proceeds received in respect of such REO Property, minus (vi) the total of all net rental income, Insurance Proceeds and Liquidation Proceeds received in respect of such REO Property that has been, or in connection with such Final Recovery Determination, will be transferred to the Distribution Account pursuant to Section 3.23.
 
With respect to each Mortgage Loan which has become the subject of a Deficient Valuation, the difference between the principal balance of the Mortgage Loan outstanding immediately prior to such Deficient Valuation and the principal balance of the Mortgage Loan as reduced by the Deficient Valuation.
 
With respect to each Mortgage Loan which has become the subject of a Debt Service Reduction, the portion, if any, of the reduction in each affected Monthly Payment attributable to a reduction in the Mortgage Rate imposed by a court of competent jurisdiction. Each such Realized Loss shall be deemed to have been incurred on the Due Date for each affected Monthly Payment.
 
“Record Date”: With respect to each Distribution Date and any Floating Rate Certificate so long as such Floating Rate Certificate is a Book-Entry Certificate, the Business Day immediately preceding such Distribution Date. With respect to each Distribution Date and any Fixed Rate Certificate and any other Certificates, including any Definitive Certificates, the last Business Day of the month immediately preceding the month in which such Distribution Date occurs.
 
“Refinanced Mortgage Loan”: A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.
 
“Regular Certificate”: Any Class A Certificate, Mezzanine Certificate, Class CE Certificate or Class P Certificate.
 
“Regular Interest”: A “regular interest” in a REMIC within the meaning of Section 860G(a)(1) of the Code.
 
“Regulation AB”: Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100 - 229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.
 
“Relevant Servicing Criteria”: The Servicing Criteria applicable to the various parties, as set forth on Exhibit C attached hereto. For clarification purposes, multiple parties can have responsibility for the same Relevant Servicing Criteria.
 
“Relief Act”: The Servicemembers Civil Relief Act, or any state law providing for similar relief.
 
“Relief Act Interest Shortfall”: With respect to any Distribution Date and any Mortgage Loan, any reduction in the amount of interest collectible on such Mortgage Loan for the most recently ended calendar month as a result of the application of the Relief Act.
 
“REMIC”: A “real estate mortgage investment conduit” within the meaning of Section 860D of the Code.
 
“REMIC I”: The segregated pool of assets subject hereto, constituting the primary trust created hereby and to be administered hereunder, with respect to which a REMIC election is to be made, consisting of: (i) such Mortgage Loans and Prepayment Charges related thereto as from time to time are subject to this Agreement, together with the Mortgage Files relating thereto, and together with all collections thereon and proceeds thereof; (ii) any REO Property, together with all collections thereon and proceeds thereof; (iii) the Trustee’s rights with respect to the Mortgage Loans under all insurance policies required to be maintained pursuant to this Agreement and any proceeds thereof; (iv) the Depositor’s rights under the Assignment Agreements (including any security interest created thereby); and (v) the Collection Account (other than any amounts representing the Servicer Prepayment Charge Payment Amount), the Distribution Account (other than any amounts representing the Servicer Prepayment Charge Payment Amount) and any REO Account, and such assets that are deposited therein from time to time and any investments thereof, together with any and all income, proceeds and payments with respect thereto. Notwithstanding the foregoing, however, REMIC I specifically excludes all payments and other collections of principal and interest due on the Mortgage Loans on or before the Cut-off Date, all Prepayment Charges payable in connection with Principal Prepayments on the Mortgage Loans made before the Cut-off Date, the Net WAC Rate Carryover Reserve Account, the Basis Risk Cap Agreements and Servicer Prepayment Charge Payment Amounts.
 
“REMIC I Interest Loss Allocation Amount”: With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.
 
“REMIC I Overcollateralized Amount”: With respect to any date of determination, (i) 1.00% of the aggregate Uncertificated Balance of the REMIC I Regular Interests (other than REMIC I Regular Interest I-LTP) minus (ii) the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3 and REMIC I Regular Interest I-LTM4, in each case as of such date of determination.
 
“REMIC I Principal Loss Allocation Amount”: With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4, and the denominator of which is the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7,REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4 and REMIC I Regular Interest I-LTZZ.
 
“REMIC I Regular Interest”: Any of the separate non-certificated beneficial ownership interests in REMIC I issued hereunder and designated as a “regular interest” in REMIC I. Each REMIC I Regular Interest shall accrue interest at the related REMIC I Remittance Rate in effect from time to time or shall otherwise be entitled to interest as set forth herein, and shall be entitled to distributions of principal, subject to the terms and conditions hereof, in an aggregate amount equal to its initial Uncertificated Balance as set forth in the Preliminary Statement hereto. The REMIC I Regular Interests are set forth in the Preliminary Statement hereto.
 
“REMIC I Remittance Rate”: With respect to REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4 and REMIC I Regular Interest I-LTZZ, the weighted average of the Expense Adjusted Mortgage Rates of the Mortgage Loans.
 
“REMIC I Required Overcollateralized Amount”: 1.00% of the Overcollateralization Target Amount.
 
“REMIC II”: The segregated pool of assets consisting of all of the REMIC I Regular Interests conveyed in trust to the Trustee, for the benefit of the Class A Certificates, the Mezzanine Certificates, the Class CE Interest, the Class P Interest and the Class R-II Interest and all amounts deposited therein, with respect to which a separate REMIC election is to be made.
 
“REMIC III”: The segregated pool of assets consisting of all of the Class CE Interest conveyed in trust to the Trustee, for the benefit of the Class CE Certificates, and the Class R-III Interest and all amounts deposited therein, with respect to which a separate REMIC election is to be made.
 
“REMIC IV”: The segregated pool of assets consisting of all of the Class P Interest conveyed in trust to the Trustee, for the benefit of the Class P Certificates, and the Class R-IV Interest and all amounts deposited therein, with respect to which a separate REMIC election is to be made.
 
“REMIC Provisions”: Provisions of the federal income tax law relating to real estate mortgage investment conduits, which appear at Section 860A through 860G of the Code, and related provisions, and proposed, temporary and final regulations and published rulings, notices and announcements promulgated thereunder, as the foregoing may be in effect from time to time.
 
“REMIC Regular Interests”: The REMIC I Regular Interests, the Class CE Interest and the Class P Interest.
 
“Remittance Report”: A report in form and substance acceptable to the Trust Administrator and each related Servicer in an electronic data file or tape prepared by each Servicer pursuant to Section 4.03 with such additions, deletions and modifications as agreed to by the Trust Administrator and the related Servicer.
 
“Rents from Real Property”: With respect to any REO Property, gross income of the character described in Section 856(d) of the Code as being included in the term “rents from real property.”
 
“REO Account”: The account or accounts maintained by each Servicer in respect of an REO Property pursuant to Section 3.23.
 
“REO Disposition”: The sale or other disposition of an REO Property on behalf of any Trust REMIC.
 
“REO Imputed Interest”: As to any REO Property, for any calendar month during which such REO Property was at any time part of REMIC I, one month’s interest at the applicable Mortgage Loan Remittance Rate on the Stated Principal Balance of such REO Property (or, in the case of the first such calendar month, of the related Mortgage Loan if appropriate) as of the close of business on the Distribution Date in such calendar month.
 
“REO Property”: A Mortgaged Property acquired by a Servicer on behalf of the Trust Fund through foreclosure or deed-in-lieu of foreclosure, as described in Section 3.23.
 
“Request for Release”: A release signed by a Servicing Officer, in the form of Exhibit E attached hereto.
 
“Residential Dwelling”: Any one of the following: (i) an attached or detached one- family dwelling, (ii) a detached two- to four-family dwelling, (iii) a one-family dwelling unit in a Fannie Mae eligible condominium project, or (iv) a detached one-family dwelling in a planned unit development, none of which is a co-operative, mobile or manufactured home (as defined in 42 United States Code, Section 5402(6)).
 
“Residual Certificates”: The Class R Certificates and the Class R-X Certificates.
 
“Residual Interest”: The sole class of “residual interests” in a REMIC within the meaning of Section 860G(a)(2) of the Code.
 
“Responsible Officer”: When used with respect to the Trust Administrator, the President, any vice president, any assistant vice president, the Secretary, any assistant secretary, the Treasurer, any assistant treasurer, any trust officer or assistant trust officer, the Controller and any assistant controller or any other officer thereof customarily performing functions similar to those performed by any of the above designated officers and, with respect to a particular matter relating to this Agreement, to whom such matter is referred because of such officer’s knowledge of and familiarity with the particular subject. When used with respect to the Trustee, any officer of the Trustee with direct responsibility for the administration of this Agreement and, with respect to a particular matter relating to this Agreement, to whom such matter is referred because of such officer’s knowledge of and familiarity with the particular subject.
 
“Reportable Event”: The meaning set forth in Section 4.07(a)(iii).
 
“Sarbanes-Oxley Act”: The Sarbanes-Oxley Act of 2002 and the rules and regulations of the Commission promulgated thereunder (including any interpretations thereof by the Commission’s staff).
 
“Sarbanes-Oxley Certification”: The meaning set forth in Section 4.07(a)(iv).
 
“Securities Act”: The Securities Act of 1933, as amended, and the rules and regulations thereunder.
 
“S&P” Standard & Poor’s Ratings Services, a division of the McGraw-Hill Companies, Inc., or its successors in interest.
 
“Scheduled Principal Balance”: With respect to any Mortgage Loan: (a) as of the Cut-off Date, the outstanding principal balance of such Mortgage Loan as of such date, net of the principal portion of all unpaid Monthly Payments, if any, due on or before such date; (b) as of any Due Date subsequent to the Cut-off Date up to and including the Due Date in the calendar month in which a Liquidation Event occurs with respect to such Mortgage Loan, the Scheduled Principal Balance of such Mortgage Loan as of the Cut-off Date, minus the sum of (i) the principal portion of each Monthly Payment due on or before such Due Date but subsequent to the Cut-off Date, whether or not received, (ii) all Principal Prepayments received before such Due Date but after the Cut-off Date, (iii) the principal portion of all Liquidation Proceeds and Insurance Proceeds received before such Due Date but after the Cut-off Date, net of any portion thereof that represents principal due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) on a Due Date occurring on or before the date on which such proceeds were received and (iv) any Realized Loss incurred with respect thereto as a result of a Deficient Valuation occurring before such Due Date, but only to the extent such Realized Loss represents a reduction in the portion of principal of such Mortgage Loan not yet due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) as of the date of such Deficient Valuation; and (c) as of any Due Date subsequent to the occurrence of a Liquidation Event with respect to such Mortgage Loan, zero. With respect to any REO Property: (a) as of any Due Date subsequent to the date of its acquisition on behalf of the Trust Fund up to and including the Due Date in the calendar month in which a Liquidation Event occurs with respect to such REO Property, an amount (not less than zero) equal to the Scheduled Principal Balance of the related Mortgage Loan as of the Due Date in the calendar month in which such REO Property was acquired minus the principal portion of each Monthly Payment that would have become due on such related Mortgage Loan after such REO Property was acquired if such Mortgage Loan had not been converted to an REO Property; and (b) as of any Due Date subsequent to the occurrence of a Liquidation Event with respect to such REO Property, zero.
 
“Senior Enhancement Percentage”: With respect to any Distribution Date, is the percentage obtained by dividing (x) the aggregate Certificate Principal Balance of the Mezzanine Certificates and the Class CE Certificates, calculated after taking into account distribution of the Principal Distribution Amount to Holders of the Certificates then entitled to distributions thereof on the related Distribution Date by (y) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period).
 
“Senior Interest Distribution Amount”: With respect to any Distribution Date, the Senior Interest Distribution Amount for each Class of Class A Certificates is equal to the sum of the Interest Distribution Amount for that Class for that Distribution Date and the Interest Carry Forward Amount, if any, for that Class for that Distribution Date.
 
“Senior Principal Distribution Amount”: With respect to any Distribution Date, the excess of (x) the aggregate Certificate Principal Balance of the Class A Certificates immediately prior to such Distribution Date over (y) the lesser of (A) the product of (i) 80.30% and (ii) the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) and (B) the excess, if any, of the aggregate Stated Principal Balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period) over 0.35% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
“Servicer”: Each of Ameriquest Mortgage Company, with respect to the Ameriquest Mortgage Loans, Opteum, with respect to the Opteum Mortgage Loans, and Wells Fargo, with respect to the Wells Fargo Mortgage Loans, or any successor Servicer appointed as herein provided, each in its capacity as a Servicer hereunder.
 
“Servicer Event of Default”: One or more of the events described in Section 7.01(a).
 
“Servicer Prepayment Charge Payment Amount”: The amounts payable by the related Servicer in respect of any waived Prepayment Charges pursuant to Section 3.01.
 
“Servicer Remittance Date: With respect to Ameriquest and any Distribution Date, the 24th day of the calendar month in which such Distribution Date occurs or, if such 24th day is not a Business Day, the immediately preceding Business Day. With respect to Wells Fargo, as Servicer, and any Distribution Date, the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the immediately succeeding Business Day. With respect to Opteum, and any Distribution Date, the 21st day of the calendar month in which such Distribution Date occurs or, if such 21st day is not a Business Day, the immediately succeeding Business Day.
 
“Servicing Account”: The account or accounts created and maintained pursuant to Section 3.09.
 
“Servicing Advances”: The reasonable “out-of-pocket” costs and expenses incurred by a Servicer in connection with a default, delinquency or other unanticipated event by a Servicer in the performance of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration, inspection and protection of a Mortgaged Property, (ii) any enforcement, administration or judicial proceedings, including foreclosures, in respect of a particular Mortgage Loan, including any expenses incurred in relation to any such proceedings that result from the Mortgage Loan being registered on the MERS System, (iii) the management (including reasonable fees in connection therewith) and liquidation of any REO Property, (iv) taxes, assessments, water rates, sewer rents and other charges which are or may become a lien upon the Mortgage Property and (v) the performance of its obligations under Section 3.01, Section 3.09, Section 3.13, Section 3.14, Section 3.16 and Section 3.23. Servicing Advances shall also include any reasonable “out-of-pocket” costs and expenses (including legal fees) incurred by a Servicer in connection with executing and recording instruments of satisfaction, deeds of reconveyance or Assignments of Mortgage in connection with any foreclosure in respect of any Mortgage Loan to the extent not recovered from the related Mortgagor or otherwise payable under this Agreement. A Servicer shall not be required to make any Servicing Advance in respect of a Mortgage Loan or REO Property that, in the good faith business judgment of the related Servicer would not be ultimately recoverable from related Insurance Proceeds or Liquidation Proceeds on such Mortgage Loan or REO Property as provided herein. No Servicer shall be required to make any Servicing Advance that would be a Nonrecoverable Advance.
 
“Servicing Criteria” means the criteria set forth in paragraph (d) of Item 1122 of Regulation AB, as such may be amended from time to time.
 
“Servicing Fee”: With respect to each Mortgage Loan, the amount of the annual fee paid to the related Servicer, which shall, for a period of one full month (or in the event of any payment of interest which accompanies a Principal Prepayment in full made by the Mortgagor during such calendar month, interest for the number of days covered by such payment of interest), be equal to one-twelfth of the product of (a) the Servicing Fee Rate (without regard to the words "per annum") and (b) the outstanding principal balance of such Mortgage Loan. Such fee shall be payable monthly, computed on the basis of the same principal amount and period respecting which any related interest payment on a Mortgage Loan is received. The obligation for payment of the Servicing Fee is limited to, and the Servicing Fee is payable solely from, the interest portion (including recoveries with respect to interest from Liquidation Proceeds) of such Monthly Payment collected by the related Servicer, or as otherwise provided under Section 3.11.
 
“Servicing Fee Rate”: With respect to the Mortgage Loans serviced by Ameriquest, 0.50% per annum. With respect to the Mortgage Loans serviced by Opteum and Wells Fargo, 0.25% per annum.
 
“Servicing Function Participant” means any Sub-Servicer or Subcontractor, participating in the servicing function within the meaning of Item 1122 of Regulation AB, of the Servicer, the Master Servicer, the Custodian or the Trust Administrator, respectively. For the avoidance of doubt, the Custodian shall be considered a Servicing Function Participant without regard to the threshold percentage set forth in instruction 2 of Item 1122 of Regulation AB, provided, however, the parties hereto agree that duties and obligations of Deutsche Bank National Trust Company, in its capacity as a Servicing Function Participant, shall be solely governed pursuant to the terms of the Custodial Agreement.
 
“Servicing Officer”: Any employee of a Servicer involved in, or responsible for, the administration and servicing of the Mortgage Loans, whose name appear on a list of Servicing Officers furnished by each Servicer to the Master Servicer, the Trust Administrator, the Trustee and the Depositor, upon request, as such list may from time to time be amended. With respect to the Master Servicer, any officer of the Master Servicer involved in or responsible for, the administration and master servicing of the Mortgage Loans whose name appears on a list of master Servicing Officers furnished by the Master Servicer to the Trustee, the Trust Administrator and the Depositor upon request, as such list may from time to time be amended.
 
“Servicing Transfer Costs”: Shall mean all reasonable out-of-pocket costs and expenses incurred by the Trustee or the Master Servicer in connection with the transfer of servicing from a predecessor servicer, including, without limitation, any reasonable costs or expenses associated with the complete transfer of all servicing data and the completion, correction or manipulation of such servicing data as may be required by the Trustee, the Master Servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee or the Master Servicer to service the Mortgage Loans properly and effectively.
 
“Significance Percentage”: With respect to the Basis Risk Cap Agreeements, the percentage equivalent of a fraction, the numerator of which is (I) the present value (such calculation of present value using the two-year swaps rate made available at Bloomberg Financial Markets, L.P.) of the aggregate amount payable under the Basis Risk Cap Agreeements (assuming that one-month LIBOR for each remaining Calculation Period (as defined in the Basis Risk Cap Agreements) beginning with the Calculation Period immediately following the related Distribution Date is equal to the sum of (a) the one-month LIBOR rate for each remaining Calculation Period made available at Bloomberg Financial Markets, L.P. by taking the following steps: (1) typing in the following keystrokes: fwcv <go>, us <go>, 3 <go>; (2) the Forwards shall be set to “1-Mo”; (3) the Intervals shall be set to “1-Mo”; and (4) the Points shall be set to equal the remaining term of the Basis Risk Cap Agreeements in months and the Trust Administrator shall click <go> (provided that the Depositor shall notify the Trust Administrator in writing of any changes to such keystrokes), (b) the percentage equivalent of a fraction, the numerator of which is 2.00% and the denominator of which is the initial number of Distribution Dates on which the Trust Administrator is entitled to receive payments under the Basis Risk Cap Agreements (the “Add-On Amount”) and (c) the Add-On Amount for each previous period) and the denominator of which is (II) the aggregate Certificate Principal Balance of the Floating Rate Certificates and the Fixed Rate Certificates on such Distribution Date (after giving effect to all distributions on such Distribution Date).
 
“Single Certificate”: With respect to any Class of Certificates (other than the Residual Certificates), a hypothetical Certificate of such Class evidencing a Percentage Interest for such Class corresponding to an initial Certificate Principal Balance or Notional Amount of $1,000. With respect to the Class P and the Residual Certificates, a hypothetical Certificate of such Class evidencing a 20% Percentage Interest in such Class.
 
“Sponsor”: Citigroup Global Markets Realty Corp. or its successor in interest.
 
“Startup Day”: With respect to any Trust REMIC, the day designated as such pursuant to Section 10.01(b) hereof.
 
“Stated Principal Balance”: With respect to any Mortgage Loan: (a) as of any date of determination up to but not including the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such Mortgage Loan would be distributed, the Scheduled Principal Balance of such Mortgage Loan as of the Cut-off Date, as shown in the Mortgage Loan Schedule, minus the sum of (i) the principal portion of each Monthly Payment due on a Due Date subsequent to the Cut-off Date, to the extent received from the Mortgagor or advanced by the related Servicer and distributed pursuant to Section 4.01 on or before such date of determination, (ii) all Principal Prepayments received after the Cut-off Date, to the extent distributed pursuant to Section 4.01 on or before such date of determination, (iii) all Liquidation Proceeds and Insurance Proceeds applied by the related Servicer as recoveries of principal in accordance with the provisions of Section 3.16, to the extent distributed pursuant to Section 4.01 on or before such date of determination, and (iv) any Realized Loss incurred with respect thereto as a result of a Deficient Valuation made during or prior to the Prepayment Period for the most recent Distribution Date coinciding with or preceding such date of determination; and (b) as of any date of determination coinciding with or subsequent to the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such Mortgage Loan would be distributed, zero. With respect to any REO Property: (a) as of any date of determination up to but not including the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such REO Property would be distributed, an amount (not less than zero) equal to the Stated Principal Balance of the related Mortgage Loan as of the date on which such REO Property was acquired on behalf of the Trust Fund, minus, the principal portion of Monthly Payments that would have become due on such related Mortgage Loan after such REO Property was acquired if such Mortgage Loan had not been converted to an REO Property, to the extent advanced by the Servicer and distributed pursuant to Section 4.01 on or before such date of determination; and (b) as of any date of determination coinciding with or subsequent to the Distribution Date on which the proceeds, if any, of a Liquidation Event with respect to such REO Property would be distributed, zero.
 
“Stayed Funds”: If a Servicer is the subject of a proceeding under the federal Bankruptcy Code and the making of any payment required to be made under the terms of the Certificates and this Agreement is prohibited by Section 362 of the federal Bankruptcy Code, funds which are in the custody of the related Servicer, a trustee in bankruptcy or a federal bankruptcy court and should have been the subject of such Remittance absent such prohibition.
 
“Stepdown Date”: The earlier to occur of (i) the first Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates has been reduced to zero and (ii) the later to occur of (a) the Distribution Date occurring in November 2009 and (b) the first Distribution Date on which the Senior Enhancement Percentage (calculated for this purpose only after taking into account distributions of principal on the Mortgage Loans but prior to any distribution of the Principal Distribution Amount to the Certificates then entitled to distributions of principal on such Distribution Date) is equal to or greater than 19.70%.
 
“Subcontractor”: Any vendor, subcontractor or other Person that is not responsible for the overall servicing of Mortgage Loans but performs one or more discrete functions identified in Item 1122(d) of Regulation AB with respect to Mortgage Loans under the direction or authority of any Servicer (or a Sub-Servicer or any Servicer), the Master Servicer, the Custodian or the Trust Administrator.
 
“Sub-Servicer”: Any Person that services Mortgage Loans on behalf of the Servicers, and is responsible for the performance (whether directly or through sub-servicers or Subcontractors) of servicing functions required to be performed under this Agreement, any related Servicing Agreement or any sub-servicing agreement that are identified in Item 1122(d) of Reguation AB.
 
“Sub-Servicing Account”: An account established by a Sub-Servicer which meets the requirements set forth in Section 3.08 and is otherwise acceptable to the related Servicer.
 
“Sub-Servicing Agreement”: The written contract between the related Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.
 
“Subsequent Recoveries”: As of any Distribution Date, amounts received by the Trust Fund (net of any related expenses permitted to be reimbursed to the related Sub-Servicer, the related Servicer or the Master Servicer from such amounts under the related Sub-Servicing Agreement or hereunder) specifically related to a Mortgage Loan that was the subject of a liquidation or an REO Disposition prior to the related Prepayment Period that resulted in a Realized Loss.
 
“Substitution Shortfall Amount”: As defined in Section 2.03(d) hereof.
 
“Tax Returns”: The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed on behalf of any Trust REMIC due to its classification as a REMIC under the REMIC Provisions, together with any and all other information reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.
 
“Telerate Page 3750”: The display designated as page “3750” on the Dow Jones Telerate Capital Markets Report (or such other page as may replace page 3750 on that report for the purpose of displaying London interbank offered rates of major banks).
 
“Termination Price”: As defined in Section 9.01.
 
“Terminator”: As defined in Section 9.01.
 
“Transfer”: Any direct or indirect transfer, sale, pledge, hypothecation, or other form of assignment of any Ownership Interest in a Certificate.
 
“Transferee”: Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.
 
“Transferor”: Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.
 
“Trigger Event”: A Trigger Event is in effect on any Distribution Date on or after the Stepdown Date if:
 
(a) the Delinquency Percentage exceeds 35.53% of the Senior Enhancement Percentage for the prior Distribution Date; or
 
(b) the aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Due Period (reduced by the aggregate amount of Subsequent Recoveries received since the Cut-off Date through the last day of the related Due Period) divided by aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date exceeds the applicable percentages set forth below with respect to such Distribution Date (the “Realized Loss Percentage”):

Distribution Date Occurring In
Percentage
November 2008 through October 2009
0.35%
November 2009 through October 2010
0.85%
November 2010 through October 2011
1.50%
November 2011 through October 2012
2.15%
November 2012 through October 2013
2.50%
November 2013 and thereafter
2.55%

“Trust”: Citigroup Mortgage Loan Trust 2006-FX1.
 
“Trust Administrator”: Wells Fargo Bank, N.A., or its successor in interest, or any successor trust administrator appointed as herein provided.
 
“Trust Fund”: Collectively, all of the assets of each Trust REMIC, the Net WAC Rate Carryover Reserve Account, Servicer Prepayment Charge Payment Amounts, the Basis Risk Cap Agreements and the other assets conveyed by the Depositor to the Trustee pursuant to Section 2.01.
 
“Trust REMIC”: Any of REMIC I, REMIC II, REMIC III and REMIC IV.
 
“Trustee”: U.S. Bank National Association, or its successor in interest, or any successor trustee appointed as herein provided.
 
“Uncertificated Balance”: The amount of any REMIC Regular Interest outstanding as of any date of determination. As of the Closing Date, the Uncertificated Balance of each REMIC Regular Interest shall equal the amount set forth in the Preliminary Statement hereto as its initial Uncertificated Balance. On each Distribution Date, the Uncertificated Balance of each REMIC Regular Interest shall be reduced by all distributions of principal made on such REMIC Regular Interest on such Distribution Date pursuant to Section 4.01 and, if and to the extent necessary and appropriate, shall be further reduced on such Distribution Date by Realized Losses as provided in Section 4.04. The Uncertificated Balance of REMIC I Regular Interest I-LTZZ shall be increased by interest deferrals as provided in Section 4.01. With respect to the Class CE Interest as of any date of determination, an amount equal to the excess, if any, of (A) the then aggregate Uncertificated Principal Balance of the REMIC 1 Regular Interests over (B) the then aggregate Certificate Principal Balance of the Floating Rate Certificates, the Fixed Rate Certificates, and the Class P Certificates then outstanding. The Uncertificated Principal Balance of each REMIC Regular Interest that has an Uncertificated Principal Balance shall never be less than zero.
 
“Uncertificated Interest”: With respect to any REMIC Regular Interest for any Distribution Date, one month’s interest at the REMIC I Remittance Rate applicable to such REMIC Regular Interest for such Distribution Date, accrued on the Uncertificated Balance thereof immediately prior to such Distribution Date. Uncertificated Interest in respect of any REMIC Regular Interest shall accrue on the basis of a 360-day year consisting of twelve 30-day months. Uncertificated Interest with respect to each Distribution Date, as to any REMIC Regular Interest, shall be reduced by an amount equal to the sum of (a) the aggregate Prepayment Interest Shortfall, if any, for such Distribution Date to the extent not covered by payments pursuant to Section 3.24 and (b) the aggregate amount of any Relief Act Interest Shortfall, if any allocated, in each case, to such REMIC Regular Interest pursuant to Section 1.02. In addition, Uncertificated Interest with respect to each Distribution Date, as to any REMIC Regular Interest shall be reduced by Realized Losses, if any, allocated to such REMIC Regular Interest pursuant to Section 1.02 and Section 4.04.
 
“Uninsured Cause”: Any cause of damage to a Mortgaged Property such that the complete restoration of such property is not fully reimbursable by the hazard insurance policies required to be maintained pursuant to Section 3.14.
 
“United States Person”: A citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia (except, in the case of a partnership, to the extent provided in regulations); provided that, for purposes solely of the restrictions on the transfer of the Residual Certificates, no partnership or other entity treated as a partnership for United States federal income tax purposes shall be treated as a United States Person unless all persons that own an interest in such partnership either directly or through any entity that is not a corporation for United States federal income tax purposes are required by the applicable operative agreement to be United States Persons, or an estate whose income is subject to United States federal income tax regardless of its source, or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Persons have the authority to control all substantial decisions of the trust. To the extent prescribed in regulations by the Secretary of the Treasury, which have not yet been issued, a trust which was in existence on August 20, 1996 (other than a trust treated as owned by the grantor under subpart E of part I of subchapter J of chapter 1 of the Code), and which was treated as a United States person on August 20, 1996 may elect to continue to be treated as a United States person notwithstanding the previous sentence. The term “United States” shall have the meaning set forth in Section 7701 of the Code.
 
“Value”: With respect to any Mortgaged Property, the lesser of (i) the value thereof as determined by an appraisal made for the related Originator of the Mortgage Loan 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, in the case of a Refinanced Mortgage Loan, such value of the Mortgaged Property is based solely upon the value determined by an appraisal made for the related Originator of such Refinanced Mortgage Loan at the time of origination of such Refinanced Mortgage Loan by an appraiser.
 
“Voting Rights”: The portion of the voting rights of all of the Certificates which is allocated to any Certificate. With respect to any date of determination, 98% of all Voting Rights will be allocated among the holders of the Class A Certificates, the Mezzanine Certificates and the Class CE Certificates in proportion to the then outstanding Certificate Principal Balances of their respective Certificates, 1% of all Voting Rights will be allocated to the holders of the Class P Certificates and 1% of all Voting Rights will be allocated among the holders of the Residual Certificates. The Voting Rights allocated to each Class of Certificate shall be allocated among Holders of each such Class in accordance with their respective Percentage Interests as of the most recent Record Date.
 
“Wells Fargo”: Wells Fargo Bank, N.A.
 
“Wells Fargo Mortgage Loans”: The Mortgage Loans serviced by Wells Fargo.
 
SECTION 1.02  
Allocation of Certain Interest Shortfalls.
 
For purposes of calculating the Interest Distribution Amount for the Floating Rate Certificates, the Fixed Rate Certificates and the Class CE Certificates for any Distribution Date, the aggregate amount of any Prepayment Interest Shortfalls (to the extent not covered by payments by the Servicers pursuant to Section 3.24 or the Master Servicer pursuant to Section 3A.10) and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated first, to the Class CE Certificates based on, and to the extent of, one month’s interest at the then applicable Pass-Through Rate on the Notional Amount of the Class CE Certificates and, thereafter, among the Floating Rate Certificates and the Fixed Rate Certificates on a pro rata basis based on, and to the extent of, one month’s interest at the then applicable respective Pass-Through Rate on the respective Certificate Principal Balance of each such Certificate immediately prior to such Distribution Date.
 
For purposes of calculating the amount of Uncertificated Interest for the REMIC I Regular Interests for any Distribution Date the aggregate amount of any Prepayment Interest Shortfalls (to the extent not covered by payments by the Servicer pursuant to Section 3.24 or the Master Servicer pursuant to Section 3A.10) and any Relief Act Interest Shortfalls incurred in respect of the Mortgage Loans for any Distribution Date shall be allocated among REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4 and REMIC I Regular Interest I-LTZZ pro rata based on, and to the extent of, one month’s interest at the then applicable respective REMIC I Remittance Rate on the respective Uncertificated Balance of each such REMIC I Regular Interest.
 
 
ARTICLE II
 
 
CONVEYANCE OF MORTGAGE LOANS;
ORIGINAL ISSUANCE OF CERTIFICATES
 
SECTION 2.01  
Conveyance of Mortgage Loans.
 
The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey to the Trustee without recourse for the benefit of the Certificateholders all the right, title and interest of the Depositor, including any security interest therein for the benefit of the Depositor, in and to the Mortgage Loans identified on the Mortgage Loan Schedule, the rights of the Depositor under the Assignment Agreements, payments made to the Trust Administrator under the Basis Risk Cap Agreements and all other assets included or to be included in REMIC I. Such assignment includes all interest and principal received by the Depositor or the related Servicer on or with respect to the Mortgage Loans (other than payments of principal and interest due on such Mortgage Loans on or before the Cut-off Date). The Depositor herewith delivers to the Trustee executed copies of the Assignment Agreements and the Trustee acknowledges receipt of the same on behalf of the Certificateholders.
 
In connection with such transfer and assignment, the Depositor does hereby deliver to, and deposit with, the Trustee or a Custodian on its behalf, the following documents or instruments (a “Mortgage File”) with respect to each Mortgage Loan so transferred and assigned:
 
(i)  The Mortgage Note, endorsed by manual or facsimile signature without recourse by the related Originator or an Affiliate of the related Originator in blank or to the Trustee showing a complete chain of endorsements from the named payee to the Trustee or from the named payee to the Affiliate of the related Originator and from such Affiliate to the Trustee;
 
(ii)  The original recorded Mortgage, noting the presence of the MIN of the Mortgage Loan, if applicable, and language indicating that the Mortgage Loan is a MOM Loan if the Mortgage Loan is a MOM Loan, with evidence of recording thereon or a copy of the Mortgage certified by the public recording office in those jurisdictions where the public recording office retains the original;
 
(iii)  Unless the Mortgage Loan is registered on the MERS® System, an assignment from the related Originator or an Affiliate of the related Originator to the Trustee in blank or in recordable form of the Mortgage which may be included, where permitted by local law, in a blanket assignment or assignments of the Mortgage to the Trustee, including any intervening assignments and showing a complete chain of title from the original mortgagee named under the Mortgage to the Person assigning the Mortgage Loan to the Trustee (or to MERS, noting the presence of the MIN, if the Mortgage Loan is registered on the MERS® System);
 
(iv)  Any original assumption, modification, buydown or conversion-to- fixed-interest-rate agreement applicable to the Mortgage Loan; and
 
(v)  The original or a copy of the title insurance policy (which may be a certificate or a short form policy relating to a master policy of title insurance) pertaining to the Mortgaged Property, or in the event such original title policy is unavailable, a copy of the preliminary title report and the lender’s recording instructions, with the original to be delivered within 180 days of the Closing Date or an attorney’s opinion of title in jurisdictions where such is the customary evidence of title; or in the event such original or copy of the title insurance policy is unavailable, a written commitment or uniform binder or preliminary report of title issued by the title insurance or escrow company.
 
In instances where an original recorded Mortgage cannot be delivered by the Depositor to the Trustee (or a Custodian on behalf of the Trustee) prior to or concurrently with the execution and delivery of this Agreement, due to a delay in connection with the recording of such Mortgage, the Depositor may, (a) in lieu of delivering such original recorded Mortgage referred to in clause (ii) above, deliver to the Trustee (or a Custodian on behalf of the Trustee) a copy thereof, provided that the Depositor certifies that the original Mortgage has been delivered to a title insurance company for recordation after receipt of its policy of title insurance or binder therefor (which may be a certificate relating to a master policy of title insurance), and (b) in lieu of delivering the completed assignment in recordable form referred to in clause (iii) above to the Trustee (or a Custodian on behalf of the Trustee), deliver such assignment to the Trustee (or a Custodian on behalf of the Trustee) completed except for recording information. In all such instances, the Depositor will deliver the original recorded Mortgage and completed assignment (if applicable) to the Trustee (or a Custodian on behalf of the Trustee) promptly upon receipt of such Mortgage. In instances where an original recorded Mortgage has been lost or misplaced, the Depositor or the related title insurance company may deliver, in lieu of such Mortgage, a copy of such Mortgage bearing recordation information and certified as true and correct by the office in which recordation thereof was made. In instances where the original or a copy of the title insurance policy referred to in clause (v) above (which may be a certificate relating to a master policy of title insurance) pertaining to the Mortgaged Property relating to a Mortgage Loan cannot be delivered by the Depositor to the Trustee (or a Custodian on behalf of the Trustee) prior to or concurrently with the execution and delivery of this Agreement because such policy is not yet available, the Depositor may, in lieu of delivering the original or a copy of such title insurance referred to in clause (v) above, deliver to the Trustee (or a Custodian on behalf of the Trustee) a binder with respect to such policy (which may be a certificate relating to a master policy of title insurance) and deliver the original or a copy of such policy (which may be a certificate relating to a master policy of title insurance) to the Trustee (or a Custodian on behalf of the Trustee) within 180 days of the Closing Date. In instances where an original assumption, modification, buydown or conversion-to-fixed- interest-rate agreement cannot be delivered by the Depositor to the Trustee (or a Custodian on behalf of the Trustee) prior to or concurrently with the execution and delivery of this Agreement, the Depositor may, in lieu of delivering the original of such agreement referred to in clause (iv) above, deliver a certified copy thereof.
 
To the extent not already recorded, except with respect to any Mortgage Loan for which MERS is identified on the Mortgage or on a properly recorded assignment of the Mortgage as the mortgagee of record, the related Servicer, at the expense of the Sponsor shall promptly (and in no event later than five Business Days following the later of the Closing Date and the date of receipt by the related Servicer of the recording information for a Mortgage) submit or cause to be submitted for recording, at no expense to any Trust REMIC, in the appropriate public office for real property records, each Assignment delivered to it pursuant to (iii) above. In the event that any such Assignment is lost or returned unrecorded because of a defect therein, the related Servicer, at the expense of the Sponsor, shall promptly prepare or cause to be prepared a substitute Assignment or cure or cause to be cured such defect, as the case may be, and thereafter cause each such Assignment to be duly recorded. Notwithstanding the foregoing, but without limiting the requirement that such Assignments be in recordable form, neither the related Servicer nor the Trustee shall be required to submit or cause to be submitted for recording any Assignment delivered to it or a Custodian pursuant to (iii) above if such recordation shall not, as of the Closing Date, be required by the Rating Agencies, as a condition to their assignment on the Closing Date of their initial ratings to the Certificates, as evidenced by the delivery by the Rating Agencies of their ratings letters on the Closing Date; provided, however, notwithstanding the foregoing, the related Servicer shall submit each Assignment for recording, at no expense to the Trust Fund or the related Servicer, upon the earliest to occur of: (A) reasonable direction by Holders of Certificates entitled to at least 25% of the Voting Rights, (B) the occurrence of a Servicer Event of Default, (C) the occurrence of a bankruptcy, insolvency or foreclosure relating to the Sponsor, (D) the occurrence of a servicing transfer as described in Section 7.02 of this Agreement and (E) with respect to any one Assignment the occurrence of a foreclosure relating to the Mortgagor under the related Mortgage. Notwithstanding the foregoing, if the Sponsor fails to pay the cost of recording the Assignments, such expense will be paid by the related Servicer and such Servicer shall be reimbursed for such expenses by the Trust as Servicing Advances.
 
In connection with the assignment of any Mortgage Loan registered on the MERS System, the Depositor further agrees that it will cause, within 30 Business Days after the Closing Date, the MERS System to indicate that such Mortgage Loans have been assigned by the Depositor to the Trustee in accordance with this Agreement for the benefit of the Certificateholders by including in such computer files (a) the code in the field which identifies the specific Trustee and (b) the code in the field “Pool Field” which identifies the series of the Certificates issued in connection with such Mortgage Loans. The Depositor further agrees that it will not, and will not permit the related Servicer to, and the related Servicer agrees that it will not and will not permit a Sub-Servicer to, alter the codes referenced in this paragraph with respect to any Mortgage Loan during the term of this Agreement unless and until such Mortgage Loan is repurchased in accordance with the terms of this Agreement.
 
With respect to a maximum of approximately 5.00% of the Original Mortgage Loans, by outstanding principal balance of the Original Mortgage Loans as of the Cut-off Date, if any original Mortgage Note referred to in (i) above cannot be located, the obligations of the Depositor to deliver such documents shall be deemed to be satisfied upon delivery to the Trustee (or a Custodian on behalf of the Trustee) of a photocopy of such Mortgage Note, if available, with a lost note affidavit. If any of the original Mortgage Notes for which a lost note affidavit was delivered to the Trustee (or a Custodian on behalf of the Trustee) is subsequently located, such original Mortgage Note shall be delivered to the Trustee (or a Custodian on behalf of the Trustee) within three Business Days.
 
The Depositor shall deliver or cause to be delivered to the Trustee (or a Custodian on behalf of the Trustee) promptly upon receipt thereof any other original documents constituting a part of a Mortgage File received with respect to any Mortgage Loan, including, but not limited to, any original documents evidencing an assumption, modification, consolidation or extension of any Mortgage Loan.
 
All original documents relating to the Mortgage Loans that are not delivered to the Trustee (or a Custodian on behalf of the Trustee) are and shall be held by or on behalf of the Sponsor, the Depositor or the related Servicer, as the case may be, in trust for the benefit of the Trustee on behalf of the Certificateholders. In the event that any such original document is required pursuant to the terms of this Section to be a part of a Mortgage File, such document shall be delivered promptly to the Trustee (or a Custodian on behalf of the Trustee). Any such original document delivered to or held by the Depositor that is not required pursuant to the terms of this Section to be a part of a Mortgage File, shall be delivered promptly to the related Servicer.
 
Wherever it is provided in this Section 2.01 that any document, evidence or information relating to a Mortgage Loan be delivered or supplied to the Trustee, the Depositor shall do so by delivery thereof to the Trustee or a Custodian on behalf of the Trustee.
 
The Depositor and the Trustee hereto understand and agree that it is not intended that any Mortgage Loan be included in the Trust that is a high-cost home loan as defined by the Homeownership and Equity Protection Act of 1994 or any other applicable predatory or abusive lending laws.
 
The Depositor hereby directs the Trust Administrator to execute, deliver and perform its obligations under the Basis Risk Cap Agreements. The Depositor, the Servicer and the Holders of the Floating Rate Certificates by their acceptance of such Certificates acknowledge and agree that the Trust Administrator shall execute, deliver and perform its obligations under the Basis Risk Cap Agreements and shall do so solely in its capacity as Trust Administrator, and not in its individual capacity. Every provision of this Agreement relating to the conduct or affecting the liability of or affording protection to the Trust Administrator shall apply to the Trust Administrator’s execution of the Basis Risk Cap Agreements, and the performance of its duties and satisfaction of its obligations thereunder.
 
SECTION 2.02  
Acceptance of the Trust Fund by the Trustee.
 
Subject to the provisions of Section 2.01 and subject to any exceptions noted on an exception report delivered by or on behalf of the Trustee, the Trustee acknowledges receipt of the documents referred to in Section 2.01 (other than such documents described in Section 2.01(iv)) above and all other assets included in the definition of “Trust Fund” and declares that it holds and will hold such documents and the other documents delivered to it constituting the Mortgage File, and that it holds or will hold all such assets and such other assets included in the definition of “Trust Fund” in trust for the exclusive use and benefit of all present and future Certificateholders.
 
The Trustee, by execution and delivery hereof, acknowledges receipt, subject to the review described in the succeeding sentence, of the documents and other property referred to in Section 2.01 and declares that the Trustee (or a Custodian on behalf of the Trustee) holds and will hold such documents and other property, including property yet to be received in the Trust Fund, in trust, upon the trusts herein set forth, for the benefit of all present and future Certificateholders. The Trustee or the related Custodian on its behalf shall, for the benefit of the Trustee and the Certificateholders, review each Mortgage File within 90 days after execution and delivery of this Agreement, to ascertain that all required documents have been executed, received and recorded, if applicable, and that such documents relate to the Mortgage Loans. If in the course of such review the Trustee or the related Custodian on its behalf finds a document or documents constituting a part of a Mortgage File to be defective in any material respect, the Trustee or the related Custodian on its behalf shall promptly so notify the Depositor, the Trust Administrator, the Sponsor, the related Servicer and, if such notice is from the related Custodian on the Trustee’s behalf, the Trustee. In addition, upon the discovery by the Depositor, the related Servicer, the Trust Administrator or the Trustee of a breach of any of the representations and warranties made by the related Originator or the Sponsor in the related Assignment Agreement in respect of any Mortgage Loan which materially adversely affects such Mortgage Loan or the interests of the related Certificateholders in such Mortgage Loan, the party discovering such breach shall give prompt written notice to the other parties.
 
The Depositor and the Trustee intend that the assignment and transfer herein contemplated constitute a sale of the Mortgage Loans, the related Mortgage Notes and the related documents, conveying good title thereto free and clear of any liens and encumbrances, from the Depositor to the Trustee in trust for the benefit of the Certificateholders and that such property not be part of the Depositor’s estate or property of the Depositor in the event of any insolvency by the Depositor. In the event that such conveyance is deemed to be, or to be made as security for, a loan, the parties intend that the Depositor shall be deemed to have granted and does hereby grant to the Trustee a first priority perfected security interest in all of the Depositor’s right, title and interest in and to the Mortgage Loans, the related Mortgage Notes and the related documents, and that this Agreement shall constitute a security agreement under applicable law.
 
The Trustee may, concurrently with the execution and delivery hereof or at any time thereafter, enter into a custodial agreement with a Custodian pursuant to which the Trustee appoints a Custodian to hold the Mortgage Files on behalf of the Trustee for the benefit of the Trustee and all present and future Certificateholders, which may provide that the related Custodian shall, on behalf of the Trustee, conduct the review of each Mortgage File required under the first paragraph of this Section 2.02. Initially, Citibank, N.A. is appointed as Custodian with respect to the related Mortgage Files of all the related Mortgage Loans and, notwithstanding anything to the contrary herein, it is understood that such initial Custodian shall be responsible for the review contemplated in the second paragraph of this Section 2.02 and for all other functions relating to the receipt, review, reporting and certification provided for herein with respect to the Mortgage Files (other than ownership thereof for the benefit of the Certificateholders and related duties and obligations set forth herein).
 
SECTION 2.03  
Repurchase or Substitution of Mortgage Loans by the Sponsor or the Depositor.
 
(a)  Upon discovery or receipt of notice by the Depositor, a Servicer, the Master Servicer, the Trust Administrator or the Trustee of any materially defective document in, or that a document is missing from, a Mortgage File or of the breach by the Originator or the Sponsor of any representation, warranty or covenant under an Assignment Agreement in respect of any Mortgage Loan which materially adversely affects the value of such Mortgage Loan or the interest therein of the Certificateholders, the party so discovering or receiving notice shall promptly notify the other parties to this Agreement, and the Trustee thereupon shall promptly notify the related Originator and the Sponsor of such defect, missing document or breach and request that the related Originator or the Sponsor deliver such missing document or cure such defect or that the related Originator or the Sponsor, as applicable, cure such breach within 90 days from the date the related Originator or the Sponsor, as applicable, was notified of such missing document, defect or breach, and if the related Originator or Sponsor, as applicable, does not deliver such missing document or cure such defect or breach in all material respects during such period, the Trustee shall enforce the obligations of the related Originator or Sponsor, as applicable, under the related Assignment Agreement (i) to repurchase such Mortgage Loan from REMIC I at the Purchase Price within 90 days after the date on which the Sponsor was notified (subject to Section 2.03(e)) of such missing document, defect or breach, and (ii) to indemnify the Trust Fund in respect of such missing document, defect or breach, in the case of each of (i) and (ii), if and to the extent that the related Originator or Sponsor, as applicable, is obligated to do so under the related Assignment Agreement. The Purchase Price for the repurchased Mortgage Loan and any indemnification shall be remitted by the related Originator or the Sponsor, as applicable, to the related Servicer for deposit into the related Collection Account, and the related Servicer shall give written notice to the Trustee and the Custodian that such deposit has taken place and the Trustee shall release (or cause the Custodian to release on its behalf) to the related Originator or the Sponsor, as applicable, the related Mortgage File, and the Trustee shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as the related Originator or the Sponsor, as applicable, shall furnish to it and as shall be necessary to vest in the related Originator or the Sponsor, as applicable, any Mortgage Loan released pursuant hereto, and the Trustee and the Trust Administrator shall have no further responsibility with regard to such Mortgage File. In furtherance of the foregoing, if the related Originator or the Sponsor, as applicable, is not a member of MERS and repurchases a Mortgage Loan which is registered on the MERS System, the related Originator or the Sponsor, as applicable, pursuant to the related Assignment Agreement, at its own expense and without any right of reimbursement, shall cause MERS to execute and deliver an assignment of the Mortgage in recordable form to transfer the Mortgage from MERS to the related Originator or the Sponsor, as applicable, and shall cause such Mortgage to be removed from registration on the MERS System in accordance with MERS rules and regulations. In lieu of repurchasing any such Mortgage Loan as provided above, if so provided in the related Assignment Agreement, the related Originator or the Sponsor, as applicable, may cause such Mortgage Loan to be removed from REMIC I (in which case it shall become a Deleted Mortgage Loan) and substitute one or more Qualified Substitute Mortgage Loans in the manner and subject to the limitations set forth in Section 2.03(d). It is understood and agreed that the obligation of the related Originator or the Sponsor, as applicable, to cure or to repurchase (or to substitute for) any Mortgage Loan as to which a document is missing, a material defect in a constituent document exists or as to which such a breach has occurred and is continuing, and if and to the extent provided in the related Assignment Agreement to perform any applicable indemnification obligations with respect to any such omission, defect or breach, as provided in such Assignment Agreement, shall constitute the only remedies respecting such omission, defect or breach available to the Trustee or the Trust Administrator on behalf of the Certificateholders.
 
(b)  Notwithstanding anything to the contrary in this Section 2.03, with respect to any breach by the related Originator or the Sponsor, as applicable, of any representation and warranty which breach materially and adversely affects the value of any Prepayment Charge or the interests of the Certificateholders therein, the Trustee shall enforce the obligation of the related Originator or the Sponsor, as applicable, to remedy such breach as provided in the related Assignment Agreement as follows: upon any Principal Prepayment with respect to the affected Mortgage Loan, the related Originator or the Sponsor, as applicable, shall pay or cause to be paid to the Purchaser the excess, if any, of (x) the amount of such Prepayment Charge calculated as set forth in the Mortgage Loan Schedule and (y) the amount collected from the Mortgagor in respect of such Prepayment Charge.
 
(c)  Within 90 days of the earlier of discovery by the related Servicer or any other party hereto or receipt of notice by the Depositor of the breach of any representation, warranty or covenant of the related Servicer set forth in Section 2.05 which materially and adversely affects the interests of the Certificateholders in any Mortgage Loan, the related Servicer shall cure such breach in all material respects.
 
(d)  Any substitution of Qualified Substitute Mortgage Loans for Deleted Mortgage Loans made pursuant to Section 2.03(a) must be effected prior to the date which is two years after the Startup Day for REMIC I.
 
As to any Deleted Mortgage Loan for which the related Originator or the Sponsor, as applicable, substitutes a Qualified Substitute Mortgage Loan or Loans, such substitution shall be effected by the related Originator or the Sponsor, as applicable, delivering to the Trustee (or to the related Custodian on behalf of the Trustee, as applicable), for such Qualified Substitute Mortgage Loan or Loans, the Mortgage Note, the Mortgage, the Assignment in blank or to the Trustee, and such other documents and agreements, with all necessary endorsements thereon, as are required by Section 2.01, together with an Officers’ Certificate providing that each such Qualified Substitute Mortgage Loan satisfies the definition thereof and specifying the Substitution Shortfall Amount (as described below), if any, in connection with such substitution. The Custodian on its behalf and on behalf of the Trustee shall, for the benefit of the Certificateholders, review each Mortgage File within 90 days after execution and delivery of this Agreement, to ascertain that all required documents have been executed, received and recorded, if applicable, and that such documents relate to the Mortgage Loans. If in the course of such review the Trustee or the Custodian on its behalf finds a document or documents constituting a part of a Mortgage File to be defective in any material respect, the Trustee or the Custodian on its behalf shall promptly so notify the Depositor, the Trust Administrator, the Master Servicer, the related Originator, the Sponsor and the related Servicer. Monthly Payments due with respect to Qualified Substitute Mortgage Loans in the month of substitution are not part of the Trust Fund and will be retained by the related Originator or the Sponsor, as applicable. For the month of substitution, distributions to Certificateholders will reflect the Monthly Payment due on such Deleted Mortgage Loan on or before the Due Date in the month of substitution, and the related Originator or the Sponsor, as applicable, shall thereafter be entitled to retain all amounts subsequently received in respect of such Deleted Mortgage Loan. The Depositor shall give or cause to be given written notice to the Trustee and the Certificateholders that such substitution has taken place, and the Depositor shall amend or cause the related Custodian to amend the Mortgage Loan Schedule to reflect the removal of such Deleted Mortgage Loan from the terms of this Agreement and the substitution of the Qualified Substitute Mortgage Loan or Loans and, upon receipt thereof, shall deliver a copy of such amended Mortgage Loan Schedule to the related Servicer. Upon such substitution, such Qualified Substitute Mortgage Loan or Loans shall constitute part of the Mortgage Pool and shall be subject in all respects to the terms of this Agreement and the related Assignment Agreement (including all applicable representations and warranties thereof included in such Assignment Agreement), in each case as of the date of substitution.
 
For any month in which the related Originator or the Sponsor, as applicable, substitutes one or more Qualified Substitute Mortgage Loans for one or more Deleted Mortgage Loans, the related Servicer will determine the amount (the “Substitution Shortfall Amount”), if any, by which the aggregate Purchase Price of all such Deleted Mortgage Loans exceeds the aggregate of, as to each such Qualified Substitute Mortgage Loan, the Scheduled Principal Balance thereof as of the date of substitution, together with one month’s interest on such Scheduled Principal Balance at the applicable Mortgage Loan Remittance Rate. On the date of such substitution, the Trustee will monitor the obligation of the related Originator or the Sponsor, as applicable, to deliver or cause to be delivered, and shall request that such delivery be to the related Servicer for deposit in the related Collection Account, an amount equal to the Substitution Shortfall Amount, if any, and the Trustee (or the related Custodian on behalf of the Trustee, as applicable), upon receipt of the related Qualified Substitute Mortgage Loan or Loans and written notice given by the related Servicer of such deposit, shall release to the related Originator or the Sponsor, as applicable, the related Mortgage File or Files and the Trustee shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as the related Originator or the Sponsor, as applicable, shall deliver to it and as shall be necessary to vest therein any Deleted Mortgage Loan released pursuant hereto.
 
In addition, the related Originator or the Sponsor, as applicable, shall obtain at its own expense and deliver to the Trustee and the Trust Administrator an Opinion of Counsel to the effect that such substitution will not cause (a) any federal tax to be imposed on any Trust REMIC, including without limitation, any federal tax imposed on “prohibited transactions” under Section 860F(a)(1) of the Code or on “contributions after the startup date” under Section 860G(d)(1) of the Code, or (b) any Trust REMIC to fail to qualify as a REMIC at any time that any Certificate is outstanding. If such Opinion of Counsel cannot be delivered, then such substitution may only be effected at such time as the required Opinion of Counsel can be given.
 
(e)  Upon discovery by the Depositor, a Servicer, the Master Servicer, the Trust Administrator or the Trustee that any Mortgage Loan does not constitute a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code, the party discovering such fact shall within two Business Days give written notice thereof to the other parties to this Agreement, and the Trustee shall give written notice thereof to the Sponsor. In connection therewith, the related Originator or the Sponsor, as applicable, pursuant to the related Assignment Agreement, or the Depositor pursuant to this Agreement shall repurchase or, subject to the limitations set forth in Section 2.03(d), substitute one or more Qualified Substitute Mortgage Loans for the affected Mortgage Loan within 90 days of the earlier of discovery or receipt of such notice with respect to such affected Mortgage Loan. Such repurchase or substitution shall be made by (i) the related Originator or the Sponsor, as applicable, if the affected Mortgage Loan’s status as a non-qualified mortgage is or results from a breach of any representation, warranty or covenant made by the related Originator or the Sponsor, as applicable, under the related Assignment Agreement or (iii) the Depositor, if the affected Mortgage Loan’s status as a non-qualified mortgage is a breach of no representation or warranty. Any such repurchase or substitution shall be made in the same manner as set forth in Sections 2.03(a). The Trustee shall reconvey to the Depositor, the related Originator or the Sponsor, as the case may be, the Mortgage Loan to be released pursuant hereto in the same manner, and on the same terms and conditions, as it would a Mortgage Loan repurchased by the related Originator or the Sponsor for breach of a representation or warranty.
 
SECTION 2.04  
[Reserved].
 
SECTION 2.05  
Representations, Warranties and Covenants of the Servicers and the Master Servicer.
 
(a)  Ameriquest hereby represents, warrants and covenants to the Trust Administrator, the Master Servicer and the Trustee, for the benefit of each of the Trustee, the Trust Administrator, the Certificateholders and to the Depositor that as of the Closing Date or as of such date specifically provided herein:
 
(i)  Such Servicer is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and is duly authorized and qualified to transact any and all business contemplated by this Agreement to be conducted by such Servicer in any state in which a Mortgaged Property is located or is otherwise not required under applicable law to effect such qualification and, in any event, is in compliance with the doing business laws of any such State, to the extent necessary to ensure its ability to enforce each Mortgage Loan and to service the Mortgage Loans in accordance with the terms of this Agreement;
 
(ii) Such Servicer has the full corporate power and authority to service each Mortgage Loan, and to execute, deliver and perform, and to enter into and consummate the transactions contemplated by this Agreement and has duly authorized by all necessary corporate action on the part of such Servicer the execution, delivery and performance of this Agreement; and this Agreement, assuming the due authorization, execution and delivery thereof by the Depositor, the Master Servicer, the Trust Administrator and the Trustee, constitutes a legal, valid and binding obligation of such Servicer, enforceable against such Servicer in accordance with its terms, except to the extent that (a) the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, receivership and other similar laws relating to creditors’ rights generally and (b) the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought;
 
(iii) The execution and delivery of this Agreement by such Servicer, the servicing of the Mortgage Loans by such Servicer hereunder, the consummation of any other of the transactions herein contemplated, and the fulfillment of or compliance with the terms hereof are in the ordinary course of business of such Servicer and will not (A) result in a breach of any term or provision of the charter or by-laws of such Servicer or (B) conflict with, result in a breach, violation or acceleration of, or result in a default under, the terms of any other material agreement or instrument to which such Servicer is a party or by which it may be bound, or any statute, order or regulation applicable to such Servicer of any court, regulatory body, administrative agency or governmental body having jurisdiction over such Servicer; and such Servicer is not a party to, bound by, or in breach or violation of any indenture or other agreement or instrument, or subject to or in violation of any statute, order or regulation of any court, regulatory body, administrative agency or governmental body having jurisdiction over it, which materially and adversely affects or, to such Servicer’s knowledge, would in the future materially and adversely affect, (x) the ability of such Servicer to perform its obligations under this Agreement or (y) the business, operations, financial condition, properties or assets of such Servicer taken as a whole;
 
(iv) Such Servicer is an approved seller/servicer for Fannie Mae or Freddie Mac in good standing and is a HUD approved mortgagee pursuant to Section 203 and Section 211 of the National Housing Act;
 
(v) Except as disclosed in the Prospectus Supplement, no litigation is pending against such Servicer that would materially and adversely affect the execution, delivery or enforceability of this Agreement or the ability of such Servicer to service the Mortgage Loans or to perform any of its other obligations hereunder in accordance with the terms hereof;
 
(vi) No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by such Servicer of, or compliance by such Servicer with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date;
 
(vii) The information set forth in the “monthly tape” provided to the Trustee or any of its affiliates is true and correct in all material respects;
 
(viii) With respect to each Mortgage Loan, the Assignment is in recordable form (except that the name of the assignee and the recording information with respect to such Mortgage Loan is blank) and each Mortgage Loan was originated in the name of such Servicer or an affiliate thereof; and
 
(ix) Such Servicer has fully furnished and shall continue to fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company or their successors on a monthly basis.
 
It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.05(a) shall survive delivery of the Mortgage Files to the Trustee or to the related Custodian on its behalf and shall inure to the benefit of the Trustee, the Trust Administrator, the Depositor and the Certificateholders. Upon discovery by any of the Depositor, the Servicers, the Master Servicer, the Trust Administrator or the Trustee of a breach of any of the foregoing representations, warranties and covenants which materially and adversely affects the value of any Mortgage Loan or the interests therein of the Certificateholders, the party discovering such breach shall give prompt written notice (but in no event later than two Business Days following such discovery) to the Trustee and the Trust Administrator. Subject to Section 7.01, the obligation of related Servicer set forth in Section 2.03(c) to cure breaches shall constitute the sole remedies against the related Servicer available to the Certificateholders, the Depositor, the Trust Administrator, the Master Servicer or the Trustee on behalf of the Certificateholders respecting a breach of the representations, warranties and covenants contained in this Section 2.05.
 
(b)  Wells Fargo, as Servicer, hereby represents, warrants and covenants to the Trust Administrator and the Trustee, for the benefit of each of the Trustee, the Trust Administrator, the Master Servicer, the Certificateholders and to the Depositor that as of the Closing Date or as of such date specifically provided herein:
 
(i)  Such Servicer is a national banking association or corporation, as applicable, duly formed, validly existing and in good standing under the laws of the United States of America or the state of its incorporation, as applicable, and is duly authorized and qualified to transact any and all business contemplated by this Agreement to be conducted by such Servicer;
 
(ii)  Such Servicer has the full power and authority to conduct its business as presently conducted by it and to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. Such Servicer has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming the due authorization, execution and delivery thereof by the Trustee, the Depositor and the Trust Administrator, constitutes a legal, valid and binding obligation of such Servicer, enforceable against such Servicer in accordance with its terms except to the extent that (a) the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, receivership and other similar laws relating to creditors’ rights generally and (b) the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought;
 
(iii)  The execution and delivery of this Agreement by such Servicer, the servicing of the Mortgage Loans by such Servicer hereunder, the consummation by such Servicer of any other of the transactions herein contemplated, and the fulfillment of or compliance with the terms hereof are in the ordinary course of business of such Servicer and will not (A) result in a breach of any term or provision of the charter or by-laws of such Servicer or (B) conflict with, result in a breach, violation or acceleration of, or result in a default under, the terms of any other material agreement or instrument to which such Servicer is a party or by which it may be bound, or any statute, order or regulation applicable to such Servicer of any court, regulatory body, administrative agency or governmental body having jurisdiction over such Servicer; and such Servicer is not a party to, bound by, or in breach or violation of any indenture or other agreement or instrument, or subject to or in violation of any statute, order or regulation of any court, regulatory body, administrative agency or governmental body having jurisdiction over it, which materially and adversely affects or, to such Servicer's knowledge, would in the future materially and adversely affect, (x) the ability of such Servicer to perform its obligations under this Agreement or (y) the business, operations, financial condition, properties or assets of such Servicer taken as a whole;
 
(iv)  Such Servicer is an approved seller/servicer for Fannie Mae or Freddie Mac in good standing;
 
(v)  Such Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant made by it and contained in this Agreement;
 
(vi)  No litigation is pending against such Servicer that would materially and adversely affect the execution, delivery or enforceability of this Agreement or the ability of such Servicer to service the Mortgage Loans or to perform any of its other obligations hereunder in accordance with the terms hereof;
 
(vii)  There are no actions or proceedings against, or investigations known to it of, such Servicer before any court, administrative or other tribunal (A) that might prohibit its entering into this Agreement, (B) seeking to prevent the consummation of the transactions contemplated by this Agreement or (C) that might prohibit or materially and adversely affect the performance by such Servicer of its obligations under, or the validity or enforceability of, this Agreement;
 
(viii)  No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by such Servicer of, or compliance by such Servicer with, this Agreement or the consummation by it of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date;
 
(ix)  Such Servicer is a member of MERS in good standing, and will comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS.
 
It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.05(b) shall survive delivery of the Mortgage Files to the Trustee or to the related Custodian on its behalf and shall inure to the benefit of the Trustee, the Trust Administrator, the Depositor and the Certificateholders. Upon discovery by any of the Depositor, the Servicers, the Master Servicer, the Trust Administrator or the Trustee of a breach of any of the foregoing representations, warranties and covenants which materially and adversely affects the value of any Mortgage Loan or the interests therein of the Certificateholders, the party discovering such breach shall give prompt written notice (but in no event later than two Business Days following such discovery) to the Trustee and the Trust Administrator. Subject to Section 7.01, the obligation of related Servicer set forth in Section 2.03(c) to cure breaches shall constitute the sole remedies against the related Servicer available to the Certificateholders, the Depositor, the Trust Administrator, the Master Servicer or the Trustee on behalf of the Certificateholders respecting a breach of the representations, warranties and covenants contained in this Section 2.05.
 
(c)  Opteum hereby represents, warrants and covenants to the Trust Administrator, the Master Servicer and the Trustee, for the benefit of each of the Trustee, the Trust Administrator, the Certificateholders and to the Depositor that as of the Closing Date or as of such date specifically provided herein:
 
(i)  Such Servicer is a limited liability corporation duly organized, validly existing and in good standing under the laws of the State of [_______] and is duly authorized and qualified to transact any and all business contemplated by this Agreement to be conducted by such Servicer in any state in which a Mortgaged Property is located or is otherwise not required under applicable law to effect such qualification and, in any event, is in compliance with the doing business laws of any such State, to the extent necessary to ensure its ability to enforce each Mortgage Loan and to service the Mortgage Loans in accordance with the terms of this Agreement;
 
(ii) Such Servicer has the full corporate power and authority to service each Mortgage Loan, and to execute, deliver and perform, and to enter into and consummate the transactions contemplated by this Agreement and has duly authorized by all necessary corporate action on the part of such Servicer the execution, delivery and performance of this Agreement; and this Agreement, assuming the due authorization, execution and delivery thereof by the Depositor, the Master Servicer, the Trust Administrator and the Trustee, constitutes a legal, valid and binding obligation of such Servicer, enforceable against such Servicer in accordance with its terms, except to the extent that (a) the enforceability thereof may be limited by bankruptcy, insolvency, moratorium, receivership and other similar laws relating to creditors’ rights generally and (b) the remedy of specific performance and injunctive and other forms of equitable relief may be subject to the equitable defenses and to the discretion of the court before which any proceeding therefor may be brought;
 
(iii) The execution and delivery of this Agreement by such Servicer, the servicing of the Mortgage Loans by such Servicer hereunder, the consummation of any other of the transactions herein contemplated, and the fulfillment of or compliance with the terms hereof are in the ordinary course of business of such Servicer and will not (A) result in a breach of any term or provision of the charter or by-laws of such Servicer or (B) conflict with, result in a breach, violation or acceleration of, or result in a default under, the terms of any other material agreement or instrument to which such Servicer is a party or by which it may be bound, or any statute, order or regulation applicable to such Servicer of any court, regulatory body, administrative agency or governmental body having jurisdiction over such Servicer; and such Servicer is not a party to, bound by, or in breach or violation of any indenture or other agreement or instrument, or subject to or in violation of any statute, order or regulation of any court, regulatory body, administrative agency or governmental body having jurisdiction over it, which materially and adversely affects or, to such Servicer’s knowledge, would in the future materially and adversely affect, (x) the ability of such Servicer to perform its obligations under this Agreement or (y) the business, operations, financial condition, properties or assets of such Servicer taken as a whole;
 
(iv) Such Servicer is an approved seller/servicer for Fannie Mae or Freddie Mac in good standing and is a HUD approved mortgagee pursuant to Section 203 and Section 211 of the National Housing Act;
 
(v) Except as disclosed in the Prospectus Supplement, no litigation is pending against such Servicer that would materially and adversely affect the execution, delivery or enforceability of this Agreement or the ability of such Servicer to service the Mortgage Loans or to perform any of its other obligations hereunder in accordance with the terms hereof;
 
(vi) No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by such Servicer of, or compliance by such Servicer with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date;
 
(vii) The information set forth in the “monthly tape” provided to the Trustee or any of its affiliates is true and correct in all material respects;
 
(viii) With respect to each Mortgage Loan, the Assignment is in recordable form (except that the name of the assignee and the recording information with respect to such Mortgage Loan is blank) and each Mortgage Loan was originated in the name of such Servicer or an affiliate thereof; and
 
(ix) Such Servicer has fully furnished and shall continue to fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company or their successors on a monthly basis.
 
It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.05(c) shall survive delivery of the Mortgage Files to the Trustee or to the related Custodian on its behalf and shall inure to the benefit of the Trustee, the Trust Administrator, the Depositor and the Certificateholders. Upon discovery by any of the Depositor, the Servicers, the Master Servicer, the Trust Administrator or the Trustee of a breach of any of the foregoing representations, warranties and covenants which materially and adversely affects the value of any Mortgage Loan or the interests therein of the Certificateholders, the party discovering such breach shall give prompt written notice (but in no event later than two Business Days following such discovery) to the Trustee and the Trust Administrator. Subject to Section 7.01, the obligation of related Servicer set forth in Section 2.03(c) to cure breaches shall constitute the sole remedies against the related Servicer available to the Certificateholders, the Depositor, the Trust Administrator, the Master Servicer or the Trustee on behalf of the Certificateholders respecting a breach of the representations, warranties and covenants contained in this Section 2.05.
 
(d)  The Master Servicer hereby represents, warrants and covenants to the Trust Administrator and the Trustee, for the benefit of each of the Trustee, the Trust Administrator, the Certificateholders and to the Depositor that as of the Closing Date or as of such date specifically provided herein:
 
(i)  The Master Servicer is a national banking association duly formed, validly existing and in good standing under the laws of the United States of America and is duly authorized and qualified to transact any and all business contemplated by this Agreement to be conducted by the Master Servicer;
 
(ii)  The Master Servicer has the full power and authority to conduct its business as presently conducted by it and to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. The Master Servicer has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming due authorization, execution and delivery by the Depositor and the Trustee, constitutes a legal, valid and binding obligation of the Master Servicer, enforceable against it in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity;
 
(iii)  The execution and delivery of this Agreement by the Master Servicer, the consummation by the Master Servicer of any other of the transactions herein contemplated, and the fulfillment of or compliance with the terms hereof are in the ordinary course of business of the Master Servicer and will not (A) result in a breach of any term or provision of charter and by-laws of the Master Servicer or (B) conflict with, result in a breach, violation or acceleration of, or result in a default under, the terms of any other material agreement or instrument to which the Master Servicer is a party or by which it may be bound, or any statute, order or regulation applicable to the Master Servicer of any court, regulatory body, administrative agency or governmental body having jurisdiction over the Master Servicer; and the Master Servicer is not a party to, bound by, or in breach or violation of any indenture or other agreement or instrument, or subject to or in violation of any statute, order or regulation of any court, regulatory body, administrative agency or governmental body having jurisdiction over it, which materially and adversely affects or, to the Master Servicer’s knowledge, would in the future materially and adversely affect, the ability of the Master Servicer to perform its obligations under this Agreement;
 
(iv)  The Master Servicer or an Affiliate thereof is an approved seller/servicer for Fannie Mae or Freddie Mac in good standing and is a HUD approved mortgagee pursuant to Section 203 of the National Housing Act;
 
(v)  The Master Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant made by it and contained in this Agreement;
 
(vi)  No litigation is pending against the Master Servicer that would materially and adversely affect the execution, delivery or enforceability of this Agreement or the ability of the Master Servicer to perform any of its other obligations hereunder in accordance with the terms hereof,
 
(vii)  There are no actions or proceedings against, or investigations known to it of, the Master Servicer before any court, administrative or other tribunal (A) that might prohibit its entering into this Agreement, (B) seeking to prevent the consummation of the transactions contemplated by this Agreement or (C) that might prohibit or materially and adversely affect the performance by the Master Servicer of its obligations under, or validity or enforceability of, this Agreement; and
 
(viii)  No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Master Servicer of, or compliance by the Master Servicer with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date.
 
It is understood and agreed that the representations, warranties and covenants set forth in this Section 2.05(d) shall survive delivery of the Mortgage Files to the Trustee or to the related Custodian on its behalf and shall inure to the benefit of the Trustee, the Trust Administrator, the Depositor and the Certificateholders. Upon discovery by any of the Depositor, the Servicers, the Master Servicer, the Trust Administrator or the Trustee of a breach of any of the foregoing representations, warranties and covenants which materially and adversely affects the value of any Mortgage Loan or the interests therein of the Certificateholders, the party discovering such breach shall give prompt written notice (but in no event later than two Business Days following such discovery) to the Trustee and the Trust Administrator. Subject to Section 7.01, the obligation of the Master Servicer set forth in Section 2.03(c) to cure breaches shall constitute the sole remedies against the Master Servicer available to the Certificateholders, the Depositor, the Trust Administrator or the Trustee on behalf of the Certificateholders respecting a breach of the representations, warranties and covenants contained in this Section 2.05.
 
SECTION 2.06  
Issuance of the Certificates.
 
The Trustee acknowledges the assignment to it of the Mortgage Loans and the delivery to it or to the related Custodian on its behalf of the Mortgage Files, subject to the provisions of Section 2.01 and Section 2.02, together with the assignment to it of all other assets included in REMIC I delivered on the date hereof, receipt of which is hereby acknowledged. Concurrently with such assignment and delivery of such assets delivered on the date hereof and in exchange therefor, the Trust Administrator, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered, to or upon the order of the Depositor, the Certificates in authorized denominations. The interests evidenced by the Certificates (other than the Class CE Certificates, the Class P Certificates and the Class R-X Certificates), the Class CE Interest and the Class P Interest constitute the entire beneficial ownership interest in REMIC II.
 
SECTION 2.07  
Conveyance of the REMIC Regular Interests; Acceptance of the Trust REMICs by the Trustee.
 
(a)  The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the assets described in the definition of REMIC I for the benefit of the holders of the REMIC I Regular Interests (which are uncertificated) and the Class R Certificates (in respect of the Class R-I Interest). The Trustee (or the related Custodian on its behalf, as applicable) acknowledges receipt of the assets described in the definition of REMIC I and declares that it holds and will hold the same in trust for the exclusive use and benefit of the holders of the REMIC I Regular Interests and the Class R Certificates (in respect of the Class R-I Interest). The interests evidenced by the Class R-I Interest, together with the REMIC I Regular Interests, constitute the entire beneficial ownership interest in REMIC I.
 
(b)  The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the REMIC I Regular Interests (which are uncertificated) for the benefit of the Holders of the Regular Certificates (other than the Class CE Certificates and the Class P Certificates), the Class CE Interest, the Class P Interest and the Class R Certificates (in respect of the Class R-II Interest). The Trustee acknowledges receipt of the REMIC I Regular Interests and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Regular Certificates (other than the Class CE Certificates and the Class P Certificates), the Class CE Interest, the Class P Interest and the Class R Certificates (in respect of the Class R-II Interest). The interests evidenced by the Class R-II Interest, together with the Regular Certificates, the Class CE Interest and the Class P Interest, constitute the entire beneficial ownership interest in REMIC II.
 
(c)  The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the Class CE Interest (which is uncertificated) for the benefit of the Holders of the Class CE Certificates and the Class R-X Certificates (in respect of the Class R-III Interest). The Trustee acknowledges receipt of the Class CE Interest and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Class CE Certificates and the Class R-X Certificates (in respect of the Class R-III Interest). The interests evidenced by the Class R-III Interest, together with the Class CE Certificates, constitute the entire beneficial ownership interest in REMIC III.
 
(d)  The Depositor, concurrently with the execution and delivery hereof, does hereby transfer, assign, set over and otherwise convey in trust to the Trustee without recourse all the right, title and interest of the Depositor in and to the Class P Interest (which is uncertificated) for the benefit of the Holders of the Class P Certificates and the Class R-X Certificates (in respect of the Class R-IV Interest). The Trustee acknowledges receipt of the Class P Interest and declares that it holds and will hold the same in trust for the exclusive use and benefit of the Holders of the Class P Certificates and the Class R-X Certificates (in respect of the Class R-IV Interest). The interests evidenced by the Class R-IV Interest, together with the Class P Certificates, constitute the entire beneficial ownership interest in REMIC IV.
 
(e)  Concurrently with (i) the assignment and delivery to the Trustee of REMIC I and the acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and subsection (a) hereof, (ii) the assignment and delivery to the Trustee of REMIC II (including the Residual Interest therein represented by the Class R-II Interest) and the acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and subsection (b) hereof, (iii) the assignment and delivery to the Trustee of REMIC III (including the Residual Interest therein represented by the Class R-III Interest) and the acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and subsection (c) hereof and (iv) the assignment and delivery to the Trustee of REMIC IV (including the Residual Interest therein represented by the Class IV Interest) and the acceptance by the Trustee thereof, pursuant to Section 2.01, Section 2.02 and subsection (d) hereof, the Trust Administrator on behalf of the Trustee, pursuant to the written request of the Depositor executed by an officer of the Depositor, has executed, authenticated and delivered to or upon the order of the Depositor, (A) the Class R Certificates in authorized denominations evidencing the Class R-I Interest and the Class R-II Interest and (B) the Class R-X Certificates in authorized denominations evidencing the Class R-III Interest and the Class R-IV Interest.
 
 
ARTICLE III
 
ADMINISTRATION AND SERVICING
OF THE MORTGAGE LOANS
 
SECTION 3.01  
Servicer to Act as Servicer.
 
Unless otherwise specified, all references to actions to be taken by “the Servicer” under this Article III or any other provision of this Agreement with respect to a Mortgage Loan or Mortgage Loans or with respect to an REO Property or REO Properties shall be to actions to be taken or previously taken by the related Servicer with respect to a Mortgage Loan or Mortgage Loans serviced thereby or with respect to an REO Property or REO Properties administered thereby. Furthermore, unless otherwise specified, all references to actions to be taken or previously taken by “the Servicer” under this Article III or any other provision of this Agreement with respect to “the Collection Account” or “the Servicing Account” shall be to actions to be taken or previously taken by each Servicer with respect to the Collection Account or an escrow account to be established and maintained thereby. Consistent with the foregoing, but only insofar as the context so permits, this Article III is to be read with respect to each Servicer as if such Servicer alone was servicing and administering its respective Mortgage Loans hereunder.
 
The Servicer shall service and administer its respective Mortgage Loans on behalf of the Trust Fund and in the best interests of and for the benefit of the Certificateholders (as determined by the Servicer in its reasonable judgment) in accordance with the terms of this Agreement and the respective Mortgage Loans and, to the extent consistent with such terms, in the same manner in which it services and administers similar mortgage loans for similar investors, giving due consideration to customary and usual standards of practice of prudent mortgage lenders and loan servicers administering similar mortgage loans but without regard to:
 
(i)  any relationship that the Servicer, any Sub-Servicer or any Affiliate of a Servicer or any Sub-Servicer may have with the related Mortgagor;
 
(ii)  the ownership of any Certificate by a Servicer or any Affiliate of a Servicer;
 
(iii)  the Servicer’s obligation to make P&I Advances or Servicing Advances; or
 
(iv)  the Servicer’s or any Sub-Servicer’s right to receive compensation for its services hereunder or with respect to any particular transaction.
 
To the extent consistent with the foregoing, each Servicer (a) shall seek the timely and complete recovery of principal and interest on the Mortgage Notes and (b) shall waive (or permit a Sub-Servicer to waive) a Prepayment Charge only under the following circumstances: (i) (a) such waiver is standard and customary in servicing similar Mortgage Loans and such waiver relates to a default or a reasonably foreseeable default and would, in the reasonable judgment of the Servicer, maximize recovery of total proceeds taking into account the value of such Prepayment Charge and the related Mortgage Loan or (b) the enforceability thereof shall have been limited by bankruptcy, insolvency, moratorium, receivership and other similar laws relating to creditors’ rights generally or the collectability thereof shall have been limited due to acceleration in connection with a foreclosure or other involuntary payment, (ii) the collection of such Prepayment Charge would be in violation of applicable laws, (iii) the amount of the Prepayment Charge set forth on the Prepayment Charge Schedule is not consistent with the related Mortgage Note or is otherwise unenforceable, (iv) the Servicer has not received information and documentation sufficient to confirm the existence or amount of such Prepayment Charge or (v) the collection of such Prepayment Charge would be considered “predatory” pursuant to written guidance published or issued by any applicable federal, state or local regulatory authority acting in its official capacity and having jurisdiction over such matters. If a Prepayment Charge is waived as permitted by meeting the standard described in clauses (b) (ii), (iii), (iv) or (v) above and a representation or warranty regarding such Prepayment Charge has been breached, then, the Trustee shall make commercially reasonable efforts to attempt to enforce the obligations of the related Originator under the related Master Agreement to pay the amount of such waived Prepayment Charge, for the benefit of the Holders of the Class P Certificates; provided, however, that the Trustee shall not be under any obligation to take any action pursuant to this paragraph unless directed by the Depositor and provided, further, the Depositor hereby agrees to assist the Trustee in enforcing any obligations of any Originator to repurchase or substitute for a Mortgage Loan which has breached a representation or warranty under the related Assignment Agreement. If such Originator fails to pay the amount of such waived Prepayment Charge in accordance with its obligations under the related Master Agreement, the Trustee, the Servicer and the Depositor shall consult on further actions to be taken against such Originator. Notwithstanding the foregoing, to the extent that the Trustee and the related Originator are the same entity, the Trustee shall enforce the obligations of the related Originator under the related Master Agreement pursuant to the terms of this paragraph. If a Prepayment Charge is waived other than in accordance with (i) through (v) above, the Servicer shall pay the amount of such waived Prepayment Charge to the Trust Administrator for deposit in the Distribution Account for the benefit of the Holders of the Class P Certificates (the “Servicer Prepayment Charge Payment Amount”).
 
Subject only to the above-described servicing standards and the terms of this Agreement and of the respective Mortgage Loans, the Servicer shall have full power and authority, acting alone or through Sub-Servicers as provided in Section 3.02, to do or cause to be done any and all things in connection with such servicing and administration which it may deem necessary or desirable. Without limiting the generality of the foregoing, the Servicer in its own name or in the name of a Sub-Servicer is hereby authorized and empowered by the Trustee when the Servicer believes it appropriate in its best judgment in accordance with the servicing standards set forth above, to execute and deliver, on behalf of the Certificateholders and the Trustee, and upon notice to the Trustee, any and all instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Mortgage Loans and 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 Trustee and Certificateholders. The Servicer shall service and administer the Mortgage Loans in accordance with applicable state and federal law and shall provide to the Mortgagors any reports required to be provided to them thereby. The Servicer shall also comply in the performance of this Agreement with all reasonable rules and requirements of any standard hazard insurance policy. Subject to Section 3.17, the Trustee shall execute, at the written request of the Servicer, and furnish to the Servicer and any Sub-Servicer such documents as are necessary or appropriate to enable the Servicer or any Sub-Servicer to carry out their servicing and administrative duties hereunder, and the Trustee hereby grants to the Servicer a power of attorney to carry out such duties. The Trustee shall not be liable for the actions of the Servicer or any Sub-Servicers under such powers of attorney.
 
In accordance with the standards of the preceding paragraph, the Servicer shall advance or cause to be advanced funds as necessary for the purpose of effecting the timely payment of taxes and assessments on the Mortgaged Properties, which advances shall be Servicing Advances reimbursable in the first instance from related collections from the Mortgagors pursuant to Section 3.09, and further as provided in Section 3.11. Any cost incurred by the Servicer or by Sub-Servicers in effecting the timely payment of taxes and assessments on a Mortgaged Property shall not, for the purpose of calculating distributions to Certificateholders, be added to the unpaid principal balance of the related Mortgage Loan, notwithstanding that the terms of such Mortgage Loan so permit provided, however, that (subject to Section 3.07) the Servicer may capitalize the amount of any Servicing Advances incurred pursuant to this Section 3.01 in connection with the modification of a Mortgage Loan.
 
The Servicer further is authorized and empowered by the Trustee, on behalf of the Certificateholders and the Trustee, in its own name or in the name of the Sub-Servicer, when the Servicer or the Sub-Servicer, as the case may be, believes it is appropriate in its best judgment to register any Mortgage Loan on the MERS System, or cause the removal from the registration of any Mortgage Loan on the MERS System, to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them, any and all instruments of assignment and other comparable instruments with respect to such assignment or re-recording of a Mortgage in the name of MERS, solely as nominee for the Trustee and its successors and assigns. Any reasonable expenses (i) incurred as a result of MERS discontinuing or becoming unable to continue operations in connection with the MERS System or (ii) if the affected Mortgage Loan is in default or, in the judgment of the Servicer, such default is reasonably foreseeable, incurred in connection with the actions described in the preceding sentence, shall be subject to withdrawal by the Servicer from the Collection Account.
 
Notwithstanding anything in this Agreement to the contrary, the Servicer may not make any future advances with respect to a Mortgage Loan (except as provided in Section 4.03) and the Servicer shall not (i) permit any modification with respect to any Mortgage Loan (except with respect to a Mortgage Loan that is in default or, in the judgment of the Servicer, such default is reasonably foreseeable) that would change the Mortgage Rate, reduce or increase the principal balance (except for reductions resulting from actual payments of principal) or change the final maturity date on such Mortgage Loan or (ii) permit any modification, waiver or amendment of any term of any Mortgage Loan that would both (A) effect an exchange or reissuance of such Mortgage Loan under Section 1001 of the Code (or final, temporary or proposed Treasury regulations promulgated thereunder) and (B) cause any Trust REMIC to fail to qualify as a REMIC under the Code or the imposition of any tax on “prohibited transactions” or “contributions after the startup date” under the REMIC Provisions.
 
The Servicer may delegate its responsibilities under this Agreement; provided, however, that no such delegation shall release the Servicer from the responsibilities or liabilities arising under this Agreement.
 
The Servicer (or a Sub-Servicer servicing the Mortgage Loans on its behalf) has fully furnished and will continue to fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company or their successors on a monthly basis.
 
SECTION 3.02  
Sub-Servicing Agreements Between the Servicer and Sub-Servicers.
 
(a)  The Servicer may enter into Sub-Servicing Agreements (provided that such agreements would not result in a withdrawal or a downgrading by the Rating Agencies of the rating on any Class of Certificates) with Sub-Servicers, for the servicing and administration of the Mortgage Loans; provided, however, such sub-servicing arrangement and the terms of the related Sub-Servicing Agreement must provide for the servicing of Mortgage Loans in a manner consistent with the servicing arrangement contemplated hereunder.
 
(b)  Each Sub-Servicer shall be (i) authorized to transact business in the state or states in which the related Mortgaged Properties it is to service are situated, if and to the extent required by applicable law to enable the Sub-Servicer to perform its obligations hereunder and under the Sub-Servicing Agreement and (ii) a Freddie Mac or Fannie Mae approved mortgage servicer. Each Sub-Servicing Agreement must impose on the Sub-Servicer requirements conforming to the provisions set forth in Section 3.08, 3.20, 3.21 and 4.07 and provide for servicing of the Mortgage Loans consistent with the terms of this Agreement. The Servicer will examine each Sub-Servicing Agreement and will be familiar with the terms thereof. The terms of any Sub-Servicing Agreement will not be inconsistent with any of the provisions of this Agreement. The Servicer and the Sub-Servicers may enter into and make amendments to the Sub-Servicing Agreements or enter into different forms of Sub-Servicing Agreements; provided, however, that any such amendments or different forms shall be consistent with and not violate the provisions of this Agreement, and that no such amendment or different form shall be made or entered into which could be reasonably expected to be materially adverse to the interests of the Certificateholders, without the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any variation without the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights from the provisions set forth in Section 3.08 relating to insurance or priority requirements of Sub-Servicing Accounts, or credits and charges to the Sub- Servicing Accounts or the timing and amount of remittances by the Sub-Servicers to the Servicer, are conclusively deemed to be inconsistent with this Agreement and therefore prohibited. The Servicer shall deliver to the Trustee, the Trust Administrator and the Master Servicer copies of all Sub-Servicing Agreements, and any amendments or modifications thereof, promptly upon the Servicer’s execution and delivery of such instruments.
 
(c)  As part of its servicing activities hereunder, the Servicer (except as otherwise provided in the last sentence of this paragraph), for the benefit of the Trustee and the Certificateholders, shall enforce the obligations of each Sub-Servicer under the related Sub-Servicing Agreement, including, without limitation, any obligation to make advances in respect of delinquent payments as required by a Sub-Servicing Agreement. Such enforcement, including, without limitation, the legal prosecution of claims, termination of Sub-Servicing Agreements, and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Servicer, in its good faith business judgment, would require were it the owner of the related Mortgage Loans. The Servicer shall pay the costs of such enforcement at its own expense, and shall be reimbursed therefor only (i) from a general recovery resulting from such enforcement, to the extent, if any, that such recovery exceeds all amounts due in respect of the related Mortgage Loans, or (ii) from a specific recovery of costs, expenses or attorneys’ fees against the party against whom such enforcement is directed.
 
SECTION 3.03  
Successor Sub-Servicers.
 
The Servicer shall be entitled to terminate any Sub-Servicing Agreement and the rights and obligations of any Sub-Servicer pursuant to any Sub-Servicing Agreement in accordance with the terms and conditions of such Sub-Servicing Agreement. In the event of termination of any Sub-Servicer, all servicing obligations of such Sub-Servicer shall be assumed simultaneously by the Servicer without any act or deed on the part of such Sub-Servicer or the Servicer, and the Servicer either shall service directly the related Mortgage Loans or shall enter into a Sub-Servicing Agreement with a successor Sub-Servicer which qualifies under Section 3.02.
 
Any Sub-Servicing Agreement shall include the provision that such agreement may be immediately terminated by the Master Servicer (if the Master Servicer is acting as Servicer) without fee, in accordance with the terms of this Agreement, in the event that the Servicer (or the Master Servicer, if it is then acting as Servicer) shall, for any reason, no longer be the Servicer (including termination due to a Servicer Event of Default).
 
SECTION 3.04  
Liability of the Servicer.
 
Each Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the related Servicer herein.
 
Notwithstanding any Sub-Servicing Agreement, any of the provisions of this Agreement relating to agreements or arrangements between the Servicer and a Sub-Servicer or reference to actions taken through a Sub-Servicer or otherwise, the Servicer shall remain obligated and primarily liable to the Trustee and the Certificateholders for the servicing and administering of the Mortgage Loans in accordance with the provisions of Section 3.01 without diminution of such obligation or liability by virtue of such Sub-Servicing Agreements or arrangements or by virtue of indemnification from the Sub-Servicer and to the same extent and under the same terms and conditions as if the Servicer alone were servicing and administering the Mortgage Loans. The Servicer shall be entitled to enter into any agreement with a Sub- Servicer for indemnification of the Servicer by such Sub-Servicer and nothing contained in this Agreement shall be deemed to limit or modify such indemnification.
 
SECTION 3.05  
No Contractual Relationship Between Sub-Servicers and Trustee, Trust Administrator or Certificateholders.
 
Any Sub-Servicing Agreement that may be entered into and any transactions or services relating to the Mortgage Loans involving a Sub-Servicer in its capacity as such shall be deemed to be between the Sub-Servicer and the Servicer alone, and the Trustee, the Master Servicer, the Trust Administrator and the Certificateholders shall not be deemed parties thereto and shall have no claims, rights, obligations, duties or liabilities with respect to the Sub-Servicer except as set forth in Section 3.06. The Servicer shall be solely liable for all fees owed by it to any Sub-Servicer, irrespective of whether the Servicer’s compensation pursuant to this Agreement is sufficient to pay such fees.
 
SECTION 3.06  
Assumption or Termination of Sub-Servicing Agreements by Master Servicer.
 
In the event the Servicer shall for any reason no longer be the servicer (including by reason of the occurrence of a Servicer Event of Default), the Master Servicer (or, if the Master Servicer is the Servicer, the Trustee (or the successor servicer appointed pursuant to Section 7.02) shall thereupon assume all of the rights and obligations of the Servicer under each Sub-Servicing Agreement that the Servicer may have entered into, unless the Master Servicer or the Trustee, as applicable, elects to terminate any Sub-Servicing Agreement in accordance with its terms as provided in Section 3.03. Upon such assumption, the Master Servicer, or the Trustee, as applicable or the successor servicer for the the Master Servicer appointed pursuant to Section 7.02 shall be deemed, subject to Section 3.03, to have assumed all of the Servicer’s interest therein and to have replaced the Servicer as a party to each Sub-Servicing Agreement to the same extent as if each Sub-Servicing Agreement had been assigned to the assuming party, except that (i) the Servicer shall not thereby be relieved of any liability or obligations under any Sub-Servicing Agreement and (ii) none of the Trust Administrator, its designee or any successor Servicer shall be deemed to have assumed any liability or obligation of the Servicer that arose before it ceased to be the Servicer.
 
The Servicer at its expense shall, upon request of the Master Servicer or the Trustee, as applicable, deliver to the assuming party all documents and records relating to each Sub-Servicing Agreement and the Mortgage Loans then being serviced and an accounting of amounts collected and held by or on behalf of it, and otherwise use its best efforts to effect the orderly and efficient transfer of the Sub- Servicing Agreements to the assuming party.
 
SECTION 3.07  
Collection of Certain Mortgage Loan Payments.
 
The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Mortgage Loans, and shall, to the extent such procedures shall be consistent with this Agreement and the terms and provisions of any applicable insurance policies, follow such collection procedures as it would follow with respect to mortgage loans comparable to the Mortgage Loans and held for its own account. Consistent with the foregoing and the servicing standards set forth in Section 3.01 the Servicer may in its discretion (i) waive any late payment charge or, if applicable, penalty interest, (ii) waive any provision of any Mortgage Loan requiring the related Mortgagor to submit to mandatory arbitration with respect to disputes arising thereunder or (iii) extend the due dates for Monthly Payments due on a Mortgage Note for a period of not greater than 180 days; provided that any extension pursuant to clause (iii) above shall not affect the amortization schedule of any Mortgage Loan for purposes of any computation hereunder, except as provided below. In the event of any such arrangement pursuant to clause (iii) above, the Servicer shall make timely advances on such Mortgage Loan during such extension pursuant to Section 4.03 and in accordance with the amortization schedule of such Mortgage Loan without modification thereof by reason of such arrangements. Notwithstanding the foregoing, in the event that any Mortgage Loan is in default or, in the judgment of the Servicer, such default is reasonably foreseeable, the Servicer, consistent with the standards set forth in Section 3.01 may waive, modify or vary any term of such Mortgage Loan (including, but not limited to, modifications that change the Mortgage Rate, forgive the payment of principal or interest or extend the final maturity date of such Mortgage Loan), accept payment from the related Mortgagor of an amount less than the Stated Principal Balance in final satisfaction of such Mortgage Loan (such payment, a “Short Pay-off”) or consent to the postponement of strict compliance with any such term or otherwise grant indulgence to any Mortgagor, if in the Servicer’s determination such waiver, modification, postponement or indulgence is not materially adverse to the interests of the Certificateholders (taking into account any estimated Realized Loss that might result absent such action); provided, however, Wells Fargo, as Servicer shall not modify any Mortgage Loan in a manner that would capitalize the amount of any unpaid Monthly Payments or tax or insurance payments advanced by Wells Fargo, as Servicer on the Mortgagor’s behalf unless the related Mortgagor shall have remitted an amount equal to a full Monthly Payment (or, in the case of any Mortgage Loan subject to a forbearance plan or bankruptcy plan, a full modified monthly payment under such plan) in each of the three calendar months immediately preceding the month of such modification.
 
SECTION 3.08  
Sub-Servicing Accounts.
 
In those cases where a Sub-Servicer is servicing a Mortgage Loan pursuant to a Sub-Servicing Agreement, the Sub-Servicer will be required to establish and maintain one or more accounts (collectively, the “Sub-Servicing Account”). The Sub-Servicing Account shall be an Eligible Account and shall comply with all requirements of this Agreement relating to the Collection Account. The Sub-Servicer shall deposit in the Sub-Servicing Account, in no event more than two Business Days after the Sub-Servicer’s receipt thereof, all proceeds of Mortgage Loans received by the Sub-Servicer less its servicing compensation to the extent permitted by the Sub-Servicing Agreement. The Sub-Servicer shall thereafter remit such proceeds to the Servicer for deposit in the Collection Account not later than two Business Days after the deposit of such amounts in the Sub-Servicing Account. For purposes of this Agreement, the Servicer shall be deemed to have received payments on the Mortgage Loans when the Sub-Servicer receives such payments.
 
SECTION 3.09  
Collection of Taxes and Similar Items; Servicing Accounts.
 
To the extent the terms of a Mortgage provide for Escrow Payments, the Servicer shall establish and maintain one or more accounts (the “Servicing Accounts”), into which all collections from the Mortgagors (or related advances from Sub-Servicers) for the payment of taxes, fire, flood, and hazard insurance premiums, hazard insurance proceeds (to the extent such amounts are to be applied to the restoration or repair of the property) and comparable items for the account of the Mortgagors (“Escrow Payments”) shall be deposited and retained. Servicing Accounts shall be Eligible Accounts. The Servicer shall deposit in the Servicing Accounts on a daily basis and in no event later than the second Business Day after receipt, and retain therein, all Escrow Payments collected on account of the Mortgage Loans, for the purpose of effecting the timely payment of any such items as required under the terms of this Agreement. Withdrawals of amounts from a Servicing Account may be made only to (i) effect timely payment of taxes, fire, flood, and hazard insurance premiums, and comparable items; (ii) reimburse the Servicer out of related collections for any advances made pursuant to Section 3.01 (with respect to taxes and assessments) and Section 3.14 (with respect to fire, flood and hazard insurance); (iii) refund to Mortgagors any sums as may be determined to be overages; (iv) pay interest, if required and as described below, to Mortgagors on balances in the Servicing Account; or (v) clear and terminate the Servicing Account at the termination of the Servicer’s obligations and responsibilities in respect of the Mortgage Loans under this Agreement in accordance with Article IX. As part of its servicing duties, the Servicer shall pay to the Mortgagors interest on funds in Servicing Accounts, to the extent required by law and, to the extent that interest earned on funds in the Servicing Accounts is insufficient, to pay such interest from its or their own funds, without any reimbursement therefor. Notwithstanding the foregoing, the Servicer shall not be obligated to collect Escrow Payments if the related Mortgage Loan does not require such payments but the Servicer shall nevertheless be obligated to make Servicing Advances as provided in Section 3.01. In the event the Servicer shall deposit in the Servicing Accounts any amount not required to be deposited therein, it may at any time withdraw such amount from the Servicing Accounts, any provision to the contrary notwithstanding.
 
To the extent that a Mortgage does not provide for Escrow Payments, the Servicer (i) shall determine whether any such payments are made by the Mortgagor in a manner and at a time that is necessary to avoid the loss of the Mortgaged Property due to a tax sale or the foreclosure as a result of a tax lien and (ii) shall ensure that all insurance required to be maintained on the Mortgaged Property pursuant to this Agreement is maintained. If any such payment has not been made and the Servicer receives notice of a tax lien with respect to the Mortgage Loan being imposed, the Servicer will, to the extent required to avoid loss of the Mortgaged Property, advance or cause to be advanced funds necessary to discharge such lien on the Mortgaged Property. The Servicer assumes full responsibility for the payment of all such bills and shall effect payments of all such bills irrespective of the Mortgagor’s faithful performance in the payment of same or the making of the Escrow Payments and shall make Servicing Advances from its own funds to effect such payments.
 
SECTION 3.10  
Collection Account and Distribution Account.
 
(a)  On behalf of the Trust Fund, the Servicer shall establish and maintain one or more separate, segregated trust accounts (such account or accounts, the “Collection Account”), held in trust for the benefit of the Trust Administrator, the Trustee and the Certificateholders. On behalf of the Trust Fund, the Servicer shall deposit or cause to be deposited in the clearing account (which account must be an Eligible Account) in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than two Business Days after the Servicer’s receipt thereof, and shall thereafter deposit in the Collection Account, in no event more than one Business Day after the deposit of such funds into the clearing account, as and when received or as otherwise required hereunder, the following payments and collections received or made by it from and after the Cut-off Date (other than in respect of principal or interest on the related Mortgage Loans due on or before the Cut-off Date), or payments (other than Principal Prepayments) received by it on or prior to the Cut-off Date but allocable to a Due Period subsequent thereto:
 
(i)  all payments on account of principal, including Principal Prepayments (but not Prepayment Charges), on the Mortgage Loans;
 
(ii)  all payments on account of interest (net of the related Servicing Fee and any Prepayment Interest Excess) on each Mortgage Loan;
 
(iii)  all Insurance Proceeds, Subsequent Recoveries and Liquidation Proceeds (other than (a) proceeds to be held in an escrow account and applied to the restoration or repair of the Mortgaged Property or released to the Mortgagor in accordance with the terms of this Agreement or (b) proceeds collected in respect of any particular REO Property and amounts paid by the Servicer in connection with a purchase of Mortgage Loans and REO Properties pursuant to Section 9.01);
 
(iv)  any amounts required to be deposited pursuant to Section 3.12 in connection with any losses realized on Permitted Investments with respect to funds held in the Collection Account;
 
(v)  any amounts required to be deposited by the Servicer pursuant to the second paragraph of Section 3.14(a) in respect of any blanket policy deductibles;
 
(vi)  all proceeds of any Mortgage Loan repurchased or purchased in accordance with Section 2.03 or Section 9.01;
 
(vii)  all amounts required to be deposited in connection with shortfalls in principal amount of Qualified Substitute Mortgage Loans pursuant to Section 2.03; and
 
(viii)  all Prepayment Charges collected by the Servicer and any Servicer Prepayment Charge Payment Amounts in connection with the Principal Prepayment of any of the Mortgage Loans.
 
For purposes of the immediately preceding sentence, the Cut-off Date with respect to any Qualified Substitute Mortgage Loan shall be deemed to be the date of substitution.
 
The foregoing requirements for deposit in the Collection Accounts 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 Interest Excess or assumption fees (other than Prepayment Charges) need not be deposited by the Servicer in the Collection Account. In the event the Servicer shall deposit in the Collection Account any amount not required to be deposited therein, it may at any time withdraw such amount from the Collection Account, any provision herein to the contrary notwithstanding.
 
(b)  On behalf of the Trust Fund, the Trust Administrator, as agent for the Trustee, shall establish and maintain one or more separate, segregated trust accounts (such account or accounts, the “Distribution Account”), held in trust for the benefit of the Certificateholders. On behalf of the Trust Fund, the Servicers shall deliver to the Trust Administrator in immediately available funds for deposit in the Distribution Account on or before 2:00 p.m. (or, in the case of Wells Fargo, as Servicer, by 4:00 p.m. and in the case of Ameriquest by 3:00 p.m.) New York time on the Servicer Remittance Date, that portion of the Available Distribution Amount (calculated without regard to the subtraction therefrom of the Credit Risk Manager Fee) for the related Distribution Date then on deposit in the Collection Account, the amount of all Prepayment Charges collected during the applicable Prepayment Period by the Servicer and Servicer Prepayment Charge Payment Amounts in connection with the Principal Prepayment of any of the Mortgage Loans then on deposit in the Collection Account.
 
(c)  Funds in the Collection Account and the Distribution Account may be invested in Permitted Investments in accordance with the provisions set forth in Section 3.12. The Servicer shall give notice to the Trust Administrator (who shall give notice to the Trustee, the Depositor, the Master Servicer) of the location of the Collection Account maintained by it when established and prior to any change thereof. The Trust Administrator shall give notice to the Servicer, the Trustee and the Depositor of the location of the Distribution Account when established and prior to any change thereof.
 
(d)  Funds held in the Collection Account at any time may be delivered by the Servicer to the Trust Administrator for deposit in an account (which may be the Distribution Account and must satisfy the standards for the Distribution Account as set forth in the definition thereof) and for all purposes of this Agreement shall be deemed to be a part of the Collection Account; provided, however, that the Trust Administrator shall have the sole authority to withdraw any funds held pursuant to this subsection (d). In the event the Servicer shall deliver to the Trust Administrator for deposit in the Distribution Account any amount not required to be deposited therein, it may at any time request that the Trust Administrator withdraw such amount from the Distribution Account and remit to it any such amount, any provision herein to the contrary notwithstanding. In addition, the Servicer shall deliver to the Trust Administrator from time to time for deposit, and upon written notification from the Servicer, the Trust Administrator shall so deposit, in the Distribution Account:
 
(i)  any P&I Advances, as required pursuant to Section 4.03;
 
(ii)  any amounts required to be deposited pursuant to Section 3.23(d) or (f) in connection with any REO Property;
 
(iii)  any amounts to be paid by the Servicer in connection with a purchase of Mortgage Loans and REO Properties pursuant to Section 9.01;
 
(iv)  any amounts required to be deposited pursuant to Section 3.24 in connection with any Prepayment Interest Shortfalls; and
 
(v)  any Stayed Funds, as soon as permitted by the federal bankruptcy court having jurisdiction in such matters.
 
(e)  Promptly upon receipt of any Stayed Funds, whether from the Servicer, a trustee in bankruptcy, or federal bankruptcy court or other source, the Trust Administrator shall deposit such funds in the Distribution Account, subject to withdrawal thereof as permitted hereunder.
 
(f)  The Servicer shall deposit in the Collection Account any amounts required to be deposited pursuant to Section 3.12(b) in connection with losses realized on Permitted Investments with respect to funds held in the Collection Account.
 
SECTION 3.11  
Withdrawals from the Collection Account.
 
The Servicer shall, from time to time, make withdrawals from the Collection Account for any of the following purposes or as described in Section 4.03:
 
(i)  to remit to the Trust Administrator for deposit in the Distribution Account the amounts required to be so remitted pursuant to Section 3.10(b) or permitted to be so remitted pursuant to the first sentence of Section 3.10(d);
 
(ii)  subject to Section 3.16(d), to reimburse the Servicer for P&I Advances, but only to the extent of amounts received which represent Late Collections (net of the related Servicing Fees) of Monthly Payments on Mortgage Loans with respect to which such P&I Advances were made in accordance with the provisions of Section 4.03;
 
(iii)  subject to Section 3.16(d), to pay the Servicer or any Sub-Servicer (A) any unpaid Servicing Fees, (B) any unreimbursed Servicing Advances with respect to each Mortgage Loan, but only to the extent of any Liquidation Proceeds, Insurance Proceeds or other amounts as may be collected by the Servicer from a Mortgagor, or otherwise received with respect to such Mortgage Loan and (C) without limiting any right of withdrawal set forth in clause (vi) below, any Servicing Advances made with respect to a Mortgage Loan that, following the final liquidation of a Mortgage Loan are Nonrecoverable Advances, but only to the extent that Late Collections, Liquidation Proceeds and Insurance Proceeds received with respect to such Mortgage Loan are insufficient to reimburse the Servicer or any Sub-Servicer for such Servicing Advances;
 
(iv)  to pay to the Servicer as servicing compensation (in addition to the Servicing Fee) on the Servicer Remittance Date any interest or investment income earned on funds deposited in the Collection Account;
 
(v)  to pay to the Servicer, the Depositor or the Sponsor, as the case may be, with respect to each Mortgage Loan that has previously been purchased or replaced pursuant to Section 2.03 all amounts received thereon subsequent to the date of purchase or substitution, as the case may be;
 
(vi)  to reimburse the Servicer for any P&I Advance or Servicing Advance previously made which the Servicer has determined to be a Nonrecoverable Advance in accordance with the provisions of Section 4.03;
 
(vii)  to reimburse the Servicer, the Master Servicer or the Depositor for expenses incurred by or reimbursable to the Servicer, the Master Servicer or the Depositor, as the case may be, pursuant to Section 6.03;
 
(viii)  to reimburse the Servicer, the Trust Administrator, the Master Servicer or the Trustee, as the case may be, for expenses reasonably incurred in respect of the breach or defect giving rise to the purchase obligation under Section 2.03 or Section 2.04 of this Agreement that were included in the Purchase Price of the Mortgage Loan, including any expenses arising out of the enforcement of the purchase obligation;
 
(ix)  to pay itself any Prepayment Interest Excess (to the extent not otherwise retained);
 
(x)  to pay, or to reimburse the Servicer for advances in respect of expenses incurred in connection with any Mortgage Loan pursuant to Section 3.16(b);
 
(xi)  to clear and terminate the Collection Account pursuant to Section 9.01; and
 
(xii)  to withdraw any amounts deposited in the Collection Account in error.
 
The Servicer shall keep and maintain separate accounting, on a Mortgage Loan by Mortgage Loan basis, for the purpose of justifying any withdrawal from the Collection Account, to the extent held by or on behalf of it, pursuant to subclauses (ii), (iii), (iv), (v), (vi), (viii) and (ix) above. The Servicer shall provide written notification to the Trustee and the Trust Administrator, on or prior to the next succeeding Servicer Remittance Date, upon making any withdrawals from the Collection Account pursuant to subclause (vii) above.
 
SECTION 3.12  
Investment of Funds in the Collection Account.
 
(a)  The Servicer may direct any depository institution maintaining the Collection Account (for purposes of this Section 3.12, an “Investment Account”), to hold the funds in such Investment Account uninvested or to invest the funds in such Investment Account in one or more Permitted Investments specified in such instruction bearing interest or sold at a discount, and maturing, unless payable on demand, (i) no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the Trust Administrator is the obligor thereon, and (ii) no later than the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the Trust Administrator is the obligor thereon. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in an Investment Account shall be made in the name of the Trust Administrator (in its capacity as such) or in the name of a nominee of the Trust Administrator. The Trust Administrator shall be entitled to sole possession (except with respect to investment direction of funds held in the Collection Account and any income and gain realized thereon) over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Trust Administrator or its agent, together with any document of transfer necessary to transfer title to such investment to the Trust Administrator or its nominee. In the event amounts on deposit in an Investment Account are at any time invested in a Permitted Investment payable on demand, the Trust Administrator shall:
 
(x) consistent with any notice required to be given thereunder, demand that payment thereon be made on the last day such Permitted Investment may otherwise mature hereunder in an amount equal to the lesser of (1) all amounts then payable thereunder and (2) the amount required to be withdrawn on such date; and
 
(y) demand payment of all amounts due thereunder promptly upon determination by a Responsible Officer of the Trust Administrator that such Permitted Investment would not constitute a Permitted Investment in respect of funds thereafter on deposit in the Investment Account.
 
(b)  All income and gain realized from the investment of funds deposited in the Collection Account held by or on behalf of the Servicer, shall be for the benefit of the Servicer and shall be subject to its withdrawal in accordance with Section 3.11. The Servicer shall deposit in the Collection Account the amount of any loss of principal incurred in respect of any such Permitted Investment made with funds in such accounts immediately upon realization of such loss.
 
(c)  Except as otherwise expressly provided in this Agreement, if any default occurs in the making of a payment due under any Permitted Investment, or if a default occurs in any other performance required under any Permitted Investment, the Trust Administrator may and, subject to Section 8.01 and Section 8.02(a)(v), upon the request of the Holders of Certificates representing more than 50% of the Voting Rights allocated to any Class of Certificates, shall take such action as may be appropriate to enforce such payment or performance, including the institution and prosecution of appropriate proceedings.
 
SECTION 3.13  
[Reserved].
 
SECTION 3.14  
Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage.
 
(a)  The terms of each Mortgage Note require the related Mortgagor to maintain fire, flood and hazard insurance policies. To the extent such policies are not maintained, the Servicer shall cause to be maintained for each Mortgaged Property fire and hazard insurance with extended coverage as is customary in the area where the Mortgaged Property is located in an amount which is at least equal to the least of (i) the current principal balance of such Mortgage Loan, (ii) the amount necessary to fully compensate for any damage or loss to the improvements which are a part of such property on a replacement cost basis and (iii) in the case of Ameriquest and Opteum, the maximum insurable value of the improvements which are a part of such Mortgaged Property, in each case in an amount not less than such amount as is necessary to avoid the application of any coinsurance clause contained in the related hazard insurance policy. The Servicer shall also cause to be maintained fire and hazard insurance on each REO Property with extended coverage as is customary in the area where the Mortgaged Property is located in an amount which is at least equal to the lesser of (i) the maximum insurable value of the improvements which are a part of such property and (ii) the outstanding principal balance of the related Mortgage Loan at the time it became an REO Property. The Servicer will comply in the performance of this Agreement with all reasonable rules and requirements of each insurer under any such hazard policies. Any amounts to be collected by the Servicer under any such policies (other than amounts to be applied to the restoration or repair of the property subject to the related Mortgage or amounts to be released to the Mortgagor in accordance with the procedures that the Servicer would follow in servicing loans held for its own account, subject to the terms and conditions of the related Mortgage and Mortgage Note) shall be deposited in the Collection Account, subject to withdrawal pursuant to Section 3.11, if received in respect of a Mortgage Loan, or in the REO Account, subject to withdrawal pursuant to Section 3.23, if received in respect of an REO Property. Any cost incurred by the Servicer in maintaining any such insurance shall not, for the purpose of calculating distributions to Certificateholders, be added to the unpaid principal balance of the related Mortgage Loan, notwithstanding that the terms of such Mortgage Loan so permit; provided, however, that the Servicer may capitalize the amount of any Servicing Advances incurred pursuant to this Section 3.14 in connection with the modification of a Mortgage Loan. It is understood and agreed that no earthquake or other additional insurance is to be required of any Mortgagor other than pursuant to such applicable laws and regulations as shall at any time be in force and as shall require such additional insurance. If the Mortgaged Property or REO Property is at any time in an area identified in the Federal Register by the Federal Emergency Management Agency as having special flood hazards, the Servicer will cause to be maintained a flood insurance policy in respect thereof. With respect to Ameriquest and Opteum, such flood insurance shall be in an amount equal to the least of (i) the unpaid principal balance of the related Mortgage Loan, (ii) the maximum amount of such insurance available for the related Mortgaged Property under the national flood insurance program (assuming that the area in which such Mortgaged Property is located is participating in such program) and (iii) the maximum insurable value of the improvements which are a part of such Mortgaged Property. With respect to Wells Fargo, as Servicer, such flood insurance shall be in an amount equal to the lesser of (i) the unpaid principal balance of the related Mortgage Loan and (ii) the maximum amount of such insurance available for the related Mortgaged Property under the national flood insurance program (assuming that the area in which such Mortgaged Property is located is participating in such program); provided, that, such flood insurance must also be equal to the replacement value or the maximum payable amount under the Flood Disaster Protection Act (FDPA).
 
In the event that the Servicer shall obtain and maintain a blanket policy with an insurer having a General Policy Rating of B:VI or better in Best’s Key Rating Guide insuring against hazard losses on all of the Mortgage Loans, it shall conclusively be deemed to have satisfied its obligations as set forth in the first two sentences of this Section 3.14, it being understood and agreed that such policy may contain a deductible clause, in which case the Servicer shall, in the event that there shall not have been maintained on the related Mortgaged Property or REO Property a policy complying with the first two sentences of this Section 3.14, and there shall have been one or more losses which would have been covered by such policy, deposit to the Collection Account from its own funds the amount not otherwise payable under the blanket policy because of such deductible clause. In connection with its activities as administrator and servicer of the Mortgage Loans, the Servicer agrees to prepare and present, on behalf of itself, the Trustee, the Trust Fund and the Certificateholders, claims under any such blanket policy in a timely fashion in accordance with the terms of such policy.
 
(b)  The Servicer shall keep in force during the term of this Agreement a policy or policies of insurance covering errors and omissions for failure in the performance of its respective obligations under this Agreement, which policy or policies shall be in such form and amount that would meet the requirements of Fannie Mae or Freddie Mac if it were the purchaser of the Mortgage Loans, unless the Servicer, has obtained a waiver of such requirements from Fannie Mae or Freddie Mac. The Servicer shall each also maintain a fidelity bond in the form and amount that would meet the requirements of Fannie Mae or Freddie Mac, unless the Servicer, has obtained a waiver of such requirements from Fannie Mae or Freddie Mac. The Servicer shall be deemed to have complied with this provision if an Affiliate of the Servicer, has such errors and omissions and fidelity bond coverage and, by the terms of such insurance policy or fidelity bond, the coverage afforded thereunder extends to the Servicer. Any such errors and omissions policy and fidelity bond shall by its terms not be cancelable without thirty days’ prior written notice to the Trustee and the Trust Administrator.
 
The Servicer shall provide to the Master Servicer, upon request in the case of Wells Fargo, as Servicer, evidence (in the form of an incumbency certificate) of the authorization of the person signing any certification, statement, copy or other evidence of any fidelity bond or errors and omissions policy maintained pursuant to this Section 3.14.
 
SECTION 3.15  
Enforcement of Due-On-Sale Clauses; Assumption Agreements.
 
The Servicer will, to the extent it has knowledge of any conveyance or prospective conveyance of any Mortgaged Property by any Mortgagor (whether by absolute conveyance or by contract of sale, and whether or not the Mortgagor remains or is to remain liable under the Mortgage Note and/or the Mortgage), exercise its rights to accelerate the maturity of such Mortgage Loan under the “due-on-sale” clause, if any, applicable thereto; provided, however, that the Servicer shall not exercise any such rights if prohibited by law from doing so. If the Servicer reasonably believes it is unable under applicable law to enforce such “due-on-sale” clause, or if any of the other conditions set forth in the proviso to the preceding sentence apply, the Servicer will enter into an assumption and modification agreement from or with the person to whom such property has been conveyed or is proposed to be conveyed, pursuant to which such person becomes liable under the Mortgage Note and, to the extent permitted by applicable state law, the Mortgagor remains liable thereon. The Servicer is also authorized to enter into a substitution of liability agreement with such person, pursuant to which the original Mortgagor is released from liability and such person is substituted as the Mortgagor and becomes liable under the Mortgage Note, provided that no such substitution shall be effective unless such person satisfies the then current underwriting criteria of the Servicer for mortgage loans similar to the Mortgage Loans. In connection with any assumption or substitution, the Servicer shall apply such underwriting standards and follow such practices and procedures as shall be normal and usual in its general mortgage servicing activities and as it applies to other mortgage loans owned solely by it. The Servicer shall not take or enter into any assumption and modification agreement, however, unless (to the extent practicable in the circumstances) it shall have received confirmation, in writing, of the continued effectiveness of any applicable hazard insurance policy. Any fee collected by the Servicer in respect of an assumption or substitution of liability agreement will be retained by the Servicer as additional servicing compensation. In connection with any such assumption, no material term of the Mortgage Note (including but not limited to the related Mortgage Rate and the amount of the Monthly Payment) may be amended or modified, except as otherwise required pursuant to the terms thereof. The Servicer shall notify the Trustee, the Master Servicer and the Trust Administrator that any such substitution or assumption agreement has been completed by forwarding to the Custodian on behalf of the Trustee the executed original of such substitution or assumption agreement, which document shall be added to the related Mortgage File and shall, for all purposes, be considered a part of such Mortgage File to the same extent as all other documents and instruments constituting a part thereof.
 
Notwithstanding the foregoing paragraph or any other provision of this Agreement, the Servicer shall not be deemed to be in default, breach or any other violation of its obligations hereunder by reason of any assumption of a Mortgage Loan by operation of law or by the terms of the Mortgage Note or any assumption which the Servicer may be restricted by law from preventing, for any reason whatsoever. For purposes of this Section 3.15, the term “assumption” is deemed to also include a sale (of the Mortgaged Property) subject to the Mortgage that is not accompanied by an assumption or substitution of liability agreement.
 
SECTION 3.16  
Realization Upon Defaulted Mortgage Loans.
 
(a)  The Servicer shall, consistent with the servicing standard set forth in Section 3.01, foreclose upon or otherwise comparably convert the ownership of properties securing such of the Mortgage Loans as come into and continue in default and as to which no satisfactory arrangements can be made for collection of delinquent payments pursuant to Section 3.07. The Servicer shall be responsible for all costs and expenses incurred by it in any such proceedings; provided, however, that such costs and expenses will be recoverable as Servicing Advances by the Servicer as contemplated in Section 3.11 and Section 3.23. The foregoing is subject to the provision that, in any case in which Mortgaged Property shall have suffered damage from an Uninsured Cause, the Servicer shall not be required to expend its own funds toward the restoration of such property unless it shall determine in its discretion that such restoration will increase the proceeds of liquidation of the related Mortgage Loan after reimbursement to itself for such expenses.
 
(b)  Notwithstanding the foregoing provisions of this Section 3.16 or any other provision of this Agreement, with respect to any Mortgage Loan as to which the Servicer has received actual notice of, or has actual knowledge of, the presence of any toxic or hazardous substance on the related Mortgaged Property, the Servicer shall not, on behalf of the Trustee, either (i) obtain title to such Mortgaged Property as a result of or in lieu of foreclosure or otherwise, or (ii) otherwise acquire possession of, or take any other action with respect to, such Mortgaged Property, if, as a result of any such action, the Trustee, the Trust Fund, the Trust Administrator, the Servicer or the Certificateholders would be considered to hold title to, to be a “mortgagee-in-possession” of, or to be an “owner” or “operator” of such Mortgaged Property within the meaning of the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended from time to time, or any comparable law, unless the Servicer has also previously determined, based on its reasonable judgment and a report prepared by a Person who regularly conducts environmental audits using customary industry standards, that:
 
(1) such Mortgaged Property is in compliance with applicable environmental laws or, if not, that it would be in the best economic interest of the Trust Fund to take such actions as are necessary to bring the Mortgaged Property into compliance therewith; and
 
(2) there are no circumstances present at such Mortgaged Property relating to the use, management or disposal of any hazardous substances, hazardous materials, hazardous wastes, or petroleum-based materials for which investigation, testing, monitoring, containment, clean-up or remediation could be required under any federal, state or local law or regulation, or that if any such materials are present for which such action could be required, that it would be in the best economic interest of the Trust Fund to take such actions with respect to the affected Mortgaged Property.
 
The cost of the environmental audit report contemplated by this Section 3.16 shall be advanced by the Servicer, subject to the Servicer’s right to be reimbursed therefor from the Collection Account as provided in Section 3.11(a)(ix), such right of reimbursement being prior to the rights of Certificateholders to receive any amount in the Collection Account received in respect of the affected Mortgage Loan or other Mortgage Loans.
 
If the Servicer determines, as described above, that it is in the best economic interest of the Trust Fund to take such actions as are necessary to bring any such Mortgaged Property into compliance with applicable environmental laws, or to take such action with respect to the containment, clean-up or remediation of hazardous substances, hazardous materials, hazardous wastes or petroleum-based materials affecting any such Mortgaged Property, then the Servicer shall take such action as it deems to be in the best economic interest of the Trust Fund. The cost of any such compliance, containment, cleanup or remediation shall be advanced by the Servicer, subject to the Servicer’s right to be reimbursed therefor from the Collection Account as provided in Section 3.11(a)(ix), such right of reimbursement being prior to the rights of Certificateholders to receive any amount in the Collection Account received in respect of the affected Mortgage Loan or other Mortgage Loans.
 
(c)   The Servicer shall have the right to purchase from REMIC I any defaulted Mortgage Loan that is 90 days or more delinquent, which the Servicer determines in good faith will otherwise become subject to foreclosure proceedings (evidence of such determination to be delivered in writing to the Trustee and the Trust Administrator, in form and substance satisfactory to the Trustee and the Trust Administrator prior to purchase), at a price equal to the Purchase Price. The Purchase Price for any Mortgage Loan purchased hereunder shall be deposited in the Collection Account, and the Trustee, upon receipt of written certification from the Servicer of such deposit, shall release or cause to be released to the Servicer the related Mortgage File and the Trustee, upon receipt of written certification from the Servicer of such deposit, shall execute and deliver such instruments of transfer or assignment, in each case without recourse, as the Servicer shall furnish and as shall be necessary to vest in the Servicer title to any Mortgage Loan released pursuant hereto.
 
(d)  Proceeds received in connection with any Final Recovery Determination, as well as any recovery resulting from a partial collection of Insurance Proceeds or Liquidation Proceeds, in respect of any Mortgage Loan, will be applied in the following order of priority: first, to reimburse the Servicer or any Sub-Servicer for any related unreimbursed Servicing Advances and P&I Advances, pursuant to Section 3.11(a)(ii) or (a)(iii)(B); second, to accrued and unpaid interest on the Mortgage Loan, to the date of the Final Recovery Determination, or to the Due Date prior to the Distribution Date on which such amounts are to be distributed if not in connection with a Final Recovery Determination; and third, as a recovery of principal of the Mortgage Loan. If the amount of the recovery so allocated to interest is less than the full amount of accrued and unpaid interest due on such Mortgage Loan, the amount of such recovery will be allocated by the Servicer as follows: first, to unpaid Servicing Fees; and second, to the balance of the interest then due and owing. The portion of the recovery so allocated to unpaid Servicing Fees shall be reimbursed to the Servicer or any Sub-Servicer pursuant to Section 3.11(a)(iii)(A).
 
SECTION 3.17  
Trustee to Cooperate; Release of Mortgage Files.
 
(a)  Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full shall be escrowed in a manner customary for such purposes, the Servicer will immediately notify the related Custodian, on behalf of the Trustee, by a Request for Release in the form of Exhibit E (which certification shall include a statement to the effect that all amounts received or to be received in connection with such payment which are required to be deposited in the Collection Account pursuant to Section 3.10 have been or will be so deposited) of a Servicing Officer and shall request that the related Custodian, on behalf of the Trustee, deliver to it the Mortgage File. Upon receipt of such certification and request, the related Custodian, on behalf of the Trustee, shall promptly release the related Mortgage File to the Servicer, and the Servicer is authorized to cause the removal from the registration on the MERS® System of any such Mortgage, if applicable, and to execute and deliver, on behalf of the Trustee and the Certificateholders or any of them, any and all instruments of satisfaction or cancellation or of partial or full release. No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Collection Account or the Distribution Account.
 
The Trustee (or a Custodian on its behalf) shall, at the written request and expense of any Certificateholder, provide a written report to such Certificateholder of all Mortgage Files released to the Servicer for servicing purposes.
 
(b)  From time to time and as appropriate for the servicing or foreclosure of any Mortgage Loan, including, for this purpose, collection under any insurance policy relating to the Mortgage Loans, the related Custodian, on behalf of the Trustee, shall, upon request of the Servicer and delivery to the related Custodian and the Trustee of a Request for Release in the form of Exhibit E, release the related Mortgage File to the Servicer, and the related Custodian, on behalf of the Trustee, shall, at the direction of the Servicer, execute such documents as shall be necessary to the prosecution of any such proceedings. Such Request for Release shall obligate the Servicer to return each and every document previously requested from the Mortgage File to the related Custodian when the need therefor by the Servicer no longer exists, unless the Mortgage Loan has been liquidated and the Liquidation Proceeds relating to the Mortgage Loan have been deposited in the Collection Account or the Mortgage File or such document has been delivered to an attorney, or to a public trustee or other public official as required by law, for purposes of initiating or pursuing legal action or other proceedings for the foreclosure of the Mortgaged Property either judicially or non-judicially, and the Servicer has delivered to the related Custodian, on behalf of the Trustee, a certificate of a Servicing Officer certifying as to the name and address of the Person to which such Mortgage File or such document was delivered and the purpose or purposes of such delivery. Upon receipt of a certificate of a Servicing Officer stating that such Mortgage Loan was liquidated and that all amounts received or to be received in connection with such liquidation that are required to be deposited into the Collection Account have been so deposited, or that such Mortgage Loan has become an REO Property, a copy of the Request for Release shall be released by the related Custodian, on behalf of the Trustee, to the Servicer.
 
(c)  Upon written certification of a Servicing Officer, the Trustee shall execute and deliver to the Servicer any court pleadings, requests for trustee’s sale or other documents reasonably necessary to the foreclosure or trustee’s sale in respect of a Mortgaged Property or to any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Mortgage or to obtain a deficiency judgment, or to enforce any other remedies or rights provided by the Mortgage Note or Mortgage or otherwise available at law or in equity. Each such certification shall include a request that such pleadings or documents be executed by the Trustee and a statement as to the reason such documents or pleadings are required and that the execution and delivery thereof by the Trustee will not invalidate or otherwise affect the lien of the Mortgage, except for the termination of such a lien upon completion of the foreclosure or trustee’s sale.
 
SECTION 3.18  
Servicing Compensation.
 
As compensation for the activities of the Servicer hereunder, the Servicer shall be entitled to the Servicing Fee with respect to each Mortgage Loan payable solely from payments of interest in respect of such Mortgage Loan, subject to Section 3.24. In addition, the Servicer shall be entitled to recover unpaid Servicing Fees out of Insurance Proceeds, Subsequent Recoveries or Liquidation Proceeds to the extent permitted by Section 3.11(a)(iii)(A) and out of amounts derived from the operation and sale of an REO Property to the extent permitted by Section 3.23. The right to receive the Servicing Fee may not be transferred in whole or in part except in connection with the transfer of all of the Servicer’s responsibilities and obligations under this Agreement.
 
Additional servicing compensation in the form of assumption fees, late payment charges and other similar fees and charges (other than Prepayment Charges) shall be retained by the Servicer (subject to Section 3.24) only to the extent such fees or charges are received by the Servicer. The Servicer shall also be entitled pursuant to Section 3.11(a)(iv) to withdraw from the Collection Account, and pursuant to Section 3.23(b) to withdraw from any REO Account, as additional servicing compensation, interest or other income earned on deposits therein, subject to Section 3.12 and Section 3.24. The Servicer shall be required to pay all expenses incurred by it in connection with its servicing activities hereunder (including premiums for the insurance required by Section 3.14, to the extent such premiums are not paid by the related Mortgagors or by a Sub-Servicer, servicing compensation of each Sub-Servicer, and to the extent provided herein in Section 8.05, the fees and expenses of the Trustee and the Trust Administrator) and shall not be entitled to reimbursement therefor except as specifically provided herein.
 
SECTION 3.19  
Reports; Collection Account Statements.
 
Upon reasonable request by the Master Servicer or the Trust Administrator (such request to be made on the related Distribution Date), the Servicer shall forward to the Master Servicer and the Trust Administrator no later than ten days after such request, a statement prepared by the Servicer setting forth the status of the Collection Account as of the close of business on the last day of the calendar month relating to such Distribution Date and showing, for the period covered by such statement, the aggregate amount of deposits into and withdrawals from the Collection Account of each category of deposit specified in Section 3.10(a) and each category of withdrawal specified in Section 3.11. Such statement may be (i) in a form of the then current Fannie Mae Monthly Accounting Report for its Guaranteed Mortgage Pass Through Program with appropriate additions and changes, or (ii) in a format as mutually agreed to among the Servicer, the Master Servicer and the Trust Administrator, and shall also include information as to the aggregate of the outstanding principal balances of all of the Mortgage Loans as of the last day of the calendar month immediately preceding such Distribution Date. Copies of such statement shall be provided by the Trust Administrator to any Certificateholder and to any Person identified to the Trust Administrator as a prospective transferee of a Certificate, upon the request and at the expense of the requesting party, provided such statement is delivered by the Servicer to the Trust Administrator.
 
SECTION 3.20  
Statement as to Compliance.
 
Opteum and Wells Fargo, as Servicer, shall deliver (and each of Opteum and Wells Fargo, as Servicer shall cause any Servicing Function Participant engaged by it to deliver) to the Trust Administrator, on or before March 1st of each calendar year beginning in 2007; and the Master Servicer and Trust Administrator shall deliver (or otherwise make available) to the Depositor on or before March 15th of each calendar year beginning in 2007, Ameriquest shall deliver to the Trust Administrator, on or before March 15th of each calendar year beginning in 2007, an Officers’ Certificate (an “Annual Statement of Compliance”) stating, as to each signatory thereof, that (i) a review of such party’s activities during the preceding calendar year or portion thereof and of such party’s performance under this Agreement, or such other applicable agreement in the case of a Servicing Function Participant has been made under such officers’ supervision and (ii) to the best of such officers’ knowledge, based on such review, such party has fulfilled all of its obligations under this Agreement, or such other applicable agreement in the case of a Servicing Function Participant, in all material respects throughout such year or portion thereof, or, if there has been a failure to fulfill any such obligation in any material respect, specifying each such failure known to such officer and the nature and status of cure provisions thereof. The Servicer shall deliver, or cause any entity determined by the Servicer to be a Sub-Servicer to deliver, a similar Annual Statement of Compliance by any Sub-Servicer to which the Servicer has delegated any servicing responsibilities with respect to the Mortgage Loans, to the Trust Administrator as described above as and when required with respect to the Servicer.
 
The Master Servicer shall include all annual statements of compliance received by it from each Servicer with its own annual statement of compliance to be submitted to the Trust Administrator pursuant to this Section.
 
In the event the Servicer, the Master Servicer, the Trust Administrator or any Servicing Function Participant engaged by any such party is terminated or resigned pursuant to the terms of the Agreement, or any applicable agreement in the case of a Servicing Function Participant, as the case may be, such party shall provide an Officer’s Certificate pursuant to this Section 3.20 or the relevant section of such other applicable agreement, as the case may be, nothwithstanding any such termination, assignment or resignation.
 
If Opteum or Wells Fargo, as Servicer does not deliver the Annual Statement of Compliance by March 1st of any year, either the Trust Administrator or the Depositor shall provide the related Servicer with written notice, which may be electronic and confirmed by email, of its failure to deliver such Annual Statement of Compliance and such Servicer shall have 10 calendar days from the date its receipt of such written notice to cure such failure to deliver.
 
Failure of the Servicer to timely comply with this Section 3.20, shall be deemed a Servicer Event of Default, and upon the receipt of written notice from the Trust Administrator of such Servicer Event of Default, the Trustee or the Master Servicer, as applicable, may at the direction of the Depositor, in addition to whatever rights the Trustee or the Master Servicer, as applicable, may have under this Agreement and at law or in equity or to damages, including injunctive relief and specific performance, upon notice immediately terminate all the rights and obligations of the Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof without compensating the Servicer for the same; provided that to the extent that any provision of this Agreement expressly provides for the survival of certain rights or obligations following termination of the Servicer, such provision shall be given effect. This paragraph shall supercede any other provision in this Agreement or any other agreement to the contrary.
 
Each of the Servicers, the Master Servicer and the Trust Administrator shall indemnify and hold harmless the Depositor, the Master Servicer, the Trust Administrator and their officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses that such Person may sustain based solely and directly upon a breach of the Servicer’s obligations under this Section 3.20. Such indemnification shall not cover any damages that are indirect, consequential, punitive or special in nature.
 
SECTION 3.21  
Assessments of Compliance and Attestation Reports.
 
(a)  By March 15th of each calendar year, commencing in March 2007, the Servicer, the Master Servicer, the Trust Administrator and the Custodian (if a party to this Agreement), each at its own expense, shall furnish or otherwise make available, and each such party shall cause any Servicing Function Participant engaged by it to furnish, each at its own expense, to the Trust Administrator (and the Trust Administrator shall furnish or otherwise make available to the Depositor), a report on an assessment of compliance with the Relevant Servicing Criteria that contains (A) a statement by such party of its responsibility for assessing compliance with the Relevant Servicing Criteria, (B) a statement that such party used the Relevant Servicing Criteria to assess compliance with the Relevant Servicing Criteria, (C) such party’s assessment of compliance with the Relevant Servicing Criteria as of and for the fiscal year covered by the Form 10-K required to be filed pursuant to Section 4.06, including, if there has been any material instance of noncompliance with the Relevant Servicing Criteria, a discussion of each such failure and the nature and status thereof, and (D) a statement that a registered public accounting firm has issued an attestation report on such party’s assessment of compliance with the Relevant Servicing Criteria as of and for such period (the “Attestation Report”).
 

Promptly after receipt of each such report on assessment of compliance, (i) the Depositor shall review each such report and, if applicable, consult with the Servicer, the Master Servicer, the Trust Administrator, and any Servicing Function Participant engaged by such parties, as to the nature of any material instance of noncompliance with the Relevant Servicing Criteria by each such party, and (ii) the Trust Administrator shall confirm that the assessments, taken as a whole, address all of the Servicing Criteria and taken individually address the Relevant Servicing Criteria for each party as set forth on Exhibit C and notify the Depositor of any exceptions.
 
The Master Servicer shall include all annual reports on assessment of compliance received by it from the Servicers with its own assessment of compliance to be submitted to the Trust Administrator pursuant to this Section.
 
In the event the Servicer, the Master Servicer, the Trust Administrator, the Custodian, or any Servicing Function Participant engaged by any such party is terminated, assigns its rights and obligations under, or resigns pursuant to, the terms of this Agreement, such party shall provide a report on assessment of compliance pursuant to this Section 3.21, notwithstanding any such termination, assignment or resignation.
 
(b) By March 15th of each year, commencing in March 2007, the Servicer, the Master Servicer, the Trust Administrator and the Custodian (if a party to this Agreement), each at its own expense, shall cause, and each such party shall cause any Servicing Function Participant engaged by it to cause, each at its own expense, a registered public accounting firm (which may also render other services to the Servicer, the Master Servicer, the Trust Administrator, the Custodian, or such other Servicing Function Participants, as the case may be) and that is a member of the American Institute of Certified Public Accountants to furnish an attestation report to the Trust Administrator and the Depositor, to the effect that (i) it has obtained a representation regarding certain matters from the management of such party, which includes an assertion that such party has complied with the Relevant Servicing Criteria, and (ii) on the basis of an examination conducted by such firm in accordance with standards for attestation engagements issued or adopted by the Public Company Accounting Oversight Board, it is expressing an opinion as to whether such party’s compliance with the Relevant Servicing Criteria was fairly stated in all material respects, or it cannot express an overall opinion regarding such party’s assessment of compliance with the Relevant Servicing Criteria. In the event that an overall opinion cannot be expressed, such registered public accounting firm shall state in such report why it was unable to express such an opinion. Such report must be available for general use and not contain restricted use language.
 
Promptly after receipt of each such assessment of compliance and attestation report, the Trust Administrator shall confirm that each assessment submitted pursuant to Section 3.21(a) is coupled with an attestation meeting the requirements of this Section and notify the Depositor of any exceptions.
 
The Master Servicer shall include each such attestation furnished to it by the Servicers with its own attestation to be submitted to the Trust Administrator pursuant to this Section.
 
In the event the Servicer, the Master Servicer, the Trust Administrator, the Custodian, or any Servicing Function Participant engaged by any such party, is terminated, assigns its rights and duties under, or resigns pursuant to the terms of, this Agreement, or any applicable custodial agreement, Servicing Agreement or sub-servicing agreement, as the case may be, such party shall cause a registered public accounting firm to provide an attestation pursuant to this Section 3.21(b), notwithstanding any such termination, assignment or resignation.
 
(c) Failure of the Servicer to timely comply with this Section 3.21 shall be deemed a Servicer Event of Default, and upon written receipt of notice (which notice may be delivered electronically) from the Trust Administrator of such Servicer Event of Default, the Trustee or the Master Servicer, as applicable, at the direction of the Depositor may, in addition to whatever rights the Trustee or the Master Servicer, as applicable, may have under this Agreement and at law or in equity, including injunctive relief and specific performance, upon notice immediately terminate (as provided in Section 7.01(a)) all the rights and obligations of the Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof without compensating the Servicer for the same; provided, however, the Depositor shall not be entitled to instruct the Trustee to terminate the rights and obligations of the Servicer pursuant to the above if a failure of the Servicer to identify a subcontractor “participating in the servicing function” within the meaning of Item 1122 of Regulation AB was attributable solely to the role or functions of such subcontractor with respect to mortgage loans other than the Mortgage Loans. (other than the Servicer’s rights to reimbursement of unreimbursed P&I Advances and Servicing Advances and accrued and unpaid Servicing Fees in the manner provided in this Agreement). This paragraph shall supersede any other provision in this Agreement or any other agreement to the contrary.
 
Each of the Servicer, the Master Servicer and the Trust Administrator shall indemnify and hold harmless the Custodian, the Depositor, the Master Servicer and the Trust Administrator and its respective officers, directors and Affiliates from and against any actual losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses that such Person may sustain based solely and directly upon a breach of the obligations of such Indemnifying Party under this Section 3.21.
 
If the indemnifications provided for herein are unavailable or insufficient to hold harmless any indemnified party, then the indemnifying party 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 indemnifying party on the other. This indemnification shall survive the termination of this Agreement or the termination of the indemnifying party.
 
SECTION 3.22  
Access to Certain Documentation.
 
The Servicer shall provide to the Depositor, the Master Servicer, the Trust Administrator and the Trustee access to the documentation regarding the Mortgage Loans required by applicable laws and regulations. Such access shall be afforded without charge, but only upon reasonable request and during normal business hours at the offices of the Servicer designated by it. In addition, access to the documentation regarding the Mortgage Loans required by applicable laws and regulations will be provided to the Trustee, the Master Servicer or the Trust Administrator on behalf of, and for purposes of providing such documentation to, any Person identified as a Certificateholder or any federal or state banking or insurance regulatory authority that may exercise authority over any Certificateholder or a prospective transferee of a Certificate or a subject to the execution of a confidentiality agreement in form and substance satisfactory to the Servicer, upon reasonable request during normal business hours at the offices of the Servicer designated by it at the expense of the Trustee, the Master Servicer or Trust Administrator. Nothing in this Section 3.22 shall derogate from the obligation of any such party to observe any applicable law prohibiting disclosure of information regarding the Mortgagors and the failure of any such party to provide access as provided in this Section as a result of such obligation shall not constitute a breach of this Section 3.22. In each case, access to any documentation regarding the Mortgage Loans may be conditioned upon the requesting party’s acknowledgment in writing of a confidentiality agreement regarding any information that is required to remain confidential under the Gramm-Leach-Bliley Act of 1999.
 
SECTION 3.23  
Title, Management and Disposition of REO Property.
 
(a)  The deed or certificate of sale of any REO Property shall be taken in the name of the Trustee, or its nominee, in trust for the benefit of the Certificateholders. The Servicer, on behalf of the Trust Fund, shall either sell any REO Property before the close of the third taxable year following the year the Trust Fund acquires ownership of such REO Property for purposes of Section 860G(a)(8) of the Code or request from the Internal Revenue Service, no later than 60 days before the day on which the above three-year grace period would otherwise expire, an extension of the above three-year grace period, unless the Servicer shall have delivered to the Trustee, the Master Servicer, the Trust Administrator and the Depositor an Opinion of Counsel, addressed to the Trustee, the Trust Administrator and the Depositor, to the effect that the holding by the Trust Fund of such REO Property subsequent to the close of the third taxable year after its acquisition will not result in the imposition on the Trust Fund of taxes on “prohibited transactions” thereof, as defined in Section 860F of the Code, or cause any Trust REMIC to fail to qualify as a REMIC under Federal law at any time that any Certificates are outstanding. The Servicer shall manage, conserve, protect and operate each REO Property for the Certificateholders solely for the purpose of its prompt disposition and sale in a manner which does not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code or result in the receipt by any Trust 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.
 
(b)  The Servicer shall segregate and hold all funds collected and received in connection with the operation of any REO Property separate and apart from its own funds and general assets and shall establish and maintain with respect to REO Properties an account held in trust for the Trustee for the benefit of the Certificateholders (the “REO Account”), which shall be an Eligible Account. The Servicer shall be permitted to allow the Collection Account to serve as the REO Account, subject to separate ledgers for each REO Property. The Servicer shall be entitled to retain or withdraw any interest income paid on funds deposited in the REO Account.
 
(c)  The Servicer shall have full power and authority, subject only to the specific requirements and prohibitions of this Agreement, to do any and all things in connection with any REO Property as are consistent with the manner in which the Servicer manages and operates similar property owned by the Servicer or any of its Affiliates, all on such terms and for such period as the Servicer deems to be in the best interests of Certificateholders. In connection therewith, the Servicer shall deposit, or cause to be deposited in the clearing account (which account must be an Eligible Account) in which it customarily deposits payments and collections on mortgage loans in connection with its mortgage loan servicing activities on a daily basis, and in no event more than two Business Days after the Servicer’s receipt thereof, and shall thereafter deposit in the REO Account, in no event more than one Business Day after the deposit of such funds into the clearing account, all revenues received by it with respect to an REO Property and shall withdraw therefrom funds necessary for the proper operation, management and maintenance of such REO Property including, without limitation:
 
(i)  all insurance premiums due and payable in respect of such REO Property;
 
(ii)  all real estate taxes and assessments in respect of such REO Property that may result in the imposition of a lien thereon; and
 
(iii)  all costs and expenses necessary to maintain such REO Property.
 
To the extent that amounts on deposit in the REO Account with respect to an REO Property are insufficient for the purposes set forth in clauses (i) through (iii) above with respect to such REO Property, the Servicer shall advance from its own funds such amount as is necessary for such purposes if, but only if, the Servicer would make such advances if the Servicer owned the REO Property and if in the Servicer’s judgment, the payment of such amounts will be recoverable from the rental or sale of the REO Property.
 
Notwithstanding the foregoing, none of the Servicer, the Trust Administrator or the Trustee shall:
 
(i)  authorize the Trust Fund to enter into, renew or extend any New Lease with respect to any REO Property, if the New Lease by its terms will give rise to any income that does not constitute Rents from Real Property;
 
(ii)  authorize any amount to be received or accrued under any New Lease other than amounts that will constitute Rents from Real Property;
 
(iii)  authorize any construction on any REO Property, other than the completion of a building or other improvement thereon, and then only if more than ten percent of the construction of such building or other improvement was completed before default on the related Mortgage Loan became imminent, all within the meaning of Section 856(e)(4)(B) of the Code; or
 
(iv)  authorize any Person to Directly Operate any REO Property on any date more than 90 days after its date of acquisition by the Trust Fund;
 
unless, in any such case, the Servicer has obtained an Opinion of Counsel, provided to the Trust Administrator, the Master Servicer and the Trustee, to the effect that such action will not cause such REO Property to fail to qualify as “foreclosure property” within the meaning of Section 860G(a)(8) of the Code at any time that it is held by the Trust Fund, in which case the Servicer may take such actions as are specified in such Opinion of Counsel.
 
The Servicer may contract with any Independent Contractor for the operation and management of any REO Property, provided that:
 
(i)  the terms and conditions of any such contract shall not be inconsistent herewith;
 
(ii)  any such contract shall require, or shall be administered to require, that the Independent Contractor pay all costs and expenses incurred in connection with the operation and management of such REO Property, including those listed above and remit all related revenues (net of such costs and expenses) to the Servicer as soon as practicable, but in no event later than thirty days following the receipt thereof by such Independent Contractor;
 
(iii)  none of the provisions of this Section 3.23(c) relating to any such contract or to actions taken through any such Independent Contractor shall be deemed to relieve the Servicer of any of its duties and obligations to the Trustee on behalf of the Certificateholders with respect to the operation and management of any such REO Property; and
 
(iv)  the Servicer shall be obligated with respect thereto to the same extent as if it alone were performing all duties and obligations in connection with the operation and management of such REO Property.
 
The Servicer shall be entitled to enter into any agreement with any Independent Contractor performing services for it related to its duties and obligations hereunder for indemnification of the Servicer by such Independent Contractor, and nothing in this Agreement shall be deemed to limit or modify such indemnification. The Servicer shall be solely liable for all fees owed by it to any such Independent Contractor, irrespective of whether the Servicer’s compensation pursuant to Section 3.18 is sufficient to pay such fees.
 
(d)  In addition to the withdrawals permitted under Section 3.23(c), the Servicer may from time to time make withdrawals from the REO Account for any REO Property: (i) to pay itself or any Sub-Servicer unpaid Servicing Fees in respect of the related Mortgage Loan; and (ii) to reimburse itself or any Sub-Servicer for unreimbursed Servicing Advances and P&I Advances made in respect of such REO Property or the related Mortgage Loan. Any income from the related REO Property received during any calendar months prior to a Final Recovery Determination, net of any withdrawals made pursuant to Section 3.23(c) or this Section 3.23(d), shall be withdrawn by the Servicer from each REO Account maintained by it and remitted to the Trust Administrator for deposit into the Distribution Account in accordance with Section 3.10(d)(ii) on the Servicer Remittance Date relating to a Final Recovery Determination with respect to such Mortgage Loan, for distribution on the related Distribution Date in accordance with Section 4.01.
 
(e)  Subject to the time constraints set forth in Section 3.23(a), and further subject to obtaining the approval of the insurer under any related Primary Mortgage Insurance Policy (if and to the extent that such approvals are necessary to make claims under such policies in respect of the affected REO Property), each REO Disposition shall be carried out by the Servicer at such price and upon such terms and conditions as the Servicer shall deem necessary or advisable, as shall be normal and usual in its general servicing activities for similar properties.
 
(f)  The proceeds from the REO Disposition, net of any amount required by law to be remitted to the Mortgagor under the related Mortgage Loan and net of any payment or reimbursement to the Servicer or any Sub-Servicer as provided above, shall be remitted to the Trust Administrator for deposit in the Distribution Account in accordance with Section 3.10(d)(ii) on the Servicer Remittance Date in the month following the receipt thereof for distribution on the related Distribution Date in accordance with Section 4.01. Any REO Disposition shall be for cash only (unless changes in the REMIC Provisions made subsequent to the Startup Day allow a sale for other consideration).
 
(g)  The Servicer shall file information returns with respect to the receipt of mortgage interest received in a trade or business, reports of foreclosures and abandonments of any Mortgaged Property and cancellation of indebtedness income with respect to any Mortgaged Property as required by Sections 6050H, 6050J and 6050P of the Code, respectively. Such reports shall be in form and substance sufficient to meet the reporting requirements imposed by such Sections 6050H, 6050J and 6050P of the Code.
 
SECTION 3.24  
Obligations of the Servicer in Respect of Prepayment Interest Shortfalls.
 
The Servicers shall deliver to the Trust Administrator for deposit into the Distribution Account on or before 2:00 p.m. (or, in the case of Wells Fargo, as Servicer, by 4:00 p.m. and in the case of Ameriquest by 3:00 p.m.) New York time on the Servicer Remittance Date from its own funds (or from a Sub-Servicer’s own funds received by the Servicer in respect of Compensating Interest) an amount equal to the lesser of (i) the aggregate of the Prepayment Interest Shortfalls for the related Distribution Date resulting from full or partial Principal Prepayments during the related Prepayment Period and (ii) the applicable Compensating Interest Payment.
 
SECTION 3.25  
Obligations of the Servicer in Respect of Monthly Payments.
 
In the event that a shortfall in any collection on or liability with respect to any Mortgage Loan results from or is attributable to adjustments to Mortgage Rates, Monthly Payments or Stated Principal Balances that were made by the Servicer in a manner not consistent with the terms of the related Mortgage Note and this Agreement, the Servicer, upon discovery or receipt of notice thereof, immediately shall deliver to the Trust Administrator for deposit in the Distribution Account from its own funds the amount of any such shortfall and shall indemnify and hold harmless the Trust Fund, the Trustee, the Trust Administrator, the Depositor and any successor servicer in respect of any such liability. Such indemnities shall survive the termination or discharge of this Agreement. If amounts paid by the Servicer with respect to any Mortgage Loan pursuant to this Section 3.25 are subsequently recovered from the related Mortgagor, the Servicer shall be permitted to reimburse itself for such amounts paid by it pursuant to this Section 3.25 from such recoveries.
 
SECTION 3.26  
Advance Facility.
 
(a)  The Servicer and/or the Trustee on behalf of the Trust Fund is hereby authorized to enter into a facility (an “Advance Facility”) with any Person (an “Advancing Person”) (1) under which the Servicer sells, assigns or pledges to the Advancing Person the Servicer’s rights under this Agreement to be reimbursed for any P&I Advances and/or Servicing Advances or (2) which provides that the Advancing Person may fund P&I Advances and/or Servicing Advances to the Trust Fund under this Agreement, although no such facility shall reduce or otherwise affect the Servicer’s obligation to fund such P&I Advances and/or Servicing Advances. If the Servicer enters into such an Advance Facility pursuant to this Section 3.26, upon reasonable request of the Advancing Person, the Trust Administrator shall execute a letter of acknowledgment, confirming its receipt of notice of the existence of such Advance Facility. To the extent that an Advancing Person funds any P&I Advance or any Servicing Advance or is assigned the right to be reimbursed for any P&I Advance or Servicing Advance and provides the Trust Administrator with notice acknowledged by the Servicer that such Advancing Person is entitled to reimbursement directly from the Trust Administrator (from amounts on deposit in the Distribution Account) pursuant to the terms of the Advance Facility, such Advancing Person shall be entitled to receive reimbursement pursuant to this Agreement for such amount to the extent provided in Section 3.26(b). Such notice from the Advancing Person must specify the amount of the reimbursement, the Section of this Agreement that permits the applicable Advance or Servicing Advance to be reimbursed and the section(s) of the Advance Facility that entitle the Advancing Person to request reimbursement from the Trust Administrator, rather than the Servicer, and include the Servicer’s acknowledgment thereto or proof of an event of default under the Advance Facility. The Trust Administrator shall have no duty or liability with respect to any calculation of any reimbursement to be paid to an Advancing Person and shall be entitled to rely without independent investigation on the Advancing Person’s notice provided pursuant to this Section 3.26. An Advancing Person whose obligations hereunder are limited to the funding of P&I Advances and/or Servicing Advances shall not be required to meet the qualifications of a Servicer or a Sub-Servicer pursuant to Section 3.02 hereof and shall not be deemed to be a Sub-Servicer under this Agreement.
 
(b)  If, pursuant to the terms of the Advance Facility, an Advancing Person is entitled to reimbursement directly from the Trust Administrator (from amounts on deposit in the Distribution Account), then the Servicer shall not reimburse itself therefor under Section 3.11(a)(ii), Section 3.11(a)(iii) or Section 3.11(a)(vi) prior to the remittance to the Trust Fund, but instead the Servicer shall include such amounts in the applicable remittance to the Trust Administrator made pursuant to Section 3.10 to the extent of amounts on deposit in the Collection Account on the related Servicer Remittance Date. The Trust Administrator is hereby authorized to pay to the Advancing Person reimbursements for Advances and Servicing Advances from the Distribution Account, to the extent permitted under the terms of the Advance Facility, to the same extent the Servicer would have been permitted to reimburse itself for such Advances and/or Servicing Advances in accordance with Section 3.11(a)(ii), Section 3.11(a)(iii) or Section 3.11(a)(vi), as the case may be, had the Servicer itself funded such Advance or Servicing Advance. The Trust Administrator is hereby authorized to pay directly to the Advancing Person such portion of the Servicing Fee as the parties to any Advance Facility agree to in writing delivered to the Trust Administrator. An Advance Facility may provide that the Servicer will otherwise cause the remittance of P&I Advance and/or Servicing Advance reimbursement amounts to the Advancing Person, in which case the foregoing sentences in this Section 3.26(b) shall not apply.
 
(c)  All P&I Advances and Servicing Advances made pursuant to the terms of this Agreement shall be deemed made and shall be reimbursed on a “first in first out” (FIFO) basis.
 
(d)  None of the Trust Fund, any party to this Agreement or any other Person shall have any right or claim (including without limitation any right of offset or recoupment) to any amounts allocable under this Agreement to the reimbursement of P&I Advances or Servicing Advances that have been assigned, conveyed or pledged to an Advancing Person, or that relate to P&I Advances or Servicing Advances that were funded by an Advancing Person.
 
(e)  Any amendment to this Section 3.26 or to any other provision of this Agreement that may be necessary or appropriate to effect the terms of an Advance Facility as described generally in this Section 3.26, including amendments to add provisions relating to a successor master servicer, may be entered into by the parties to this Agreement without the consent of any Certificateholder but with written confirmation from each Rating Agency that the amendment shall not result in the reduction or withdrawal of the then-current ratings of any outstanding Class of Certificates or any other notes secured by collateral which includes all or a portion of the Class CE Certificates, the Class P Certificates and/or the Residual Certificates, notwithstanding anything to the contrary in this Agreement.
 
(f)  Neither the Trust Administrator nor the Master Servicer shall have any responsibility to track or monitor the administration of the Advance Facility between the Servicers and the Advancing Person.
 
SECTION 3.27  
Late Remittance.
 
With respect to any remittance received by the Master Servicer after the day on which such payment was due, Opteum and Wells Fargo shall pay to the Master Servicer interest on any such late payment at an annual rate equal to the Prime Rate, adjusted as of the date of each change, plus three percentage points, and Ameriquest shall pay to the Master Servicer interest on any such late payment at an annual rate equal to LIBOR plus fifty basis points, but in no event greater than the maximum amount permitted by applicable law. Such interest shall be deposited in the Distribution Account by the Servicer on the date such late payment is made and shall cover the period commencing with the day such payment was due and ending with the Business Day on which such payment is made, both inclusive. Such interest shall be remitted along with the distribution payable on the next succeeding Servicer Remittance Date. The payment by the Servicer of any such interest shall not be deemed an extension of time for payment or a waiver of any Servicer Event of Default.
 




 
ARTICLE IIIA
 
ADMINISTRATION AND SERVICING
OF THE MORTGAGE LOANS
 
SECTION 3A.01  
Master Servicer to Act as Master Servicer
 
The Master Servicer shall supervise, monitor and oversee the obligations of the Servicers (except with regards to defaulted Mortgage Loans and REO Properties that are serviced by Ameriquest) to service and administer the Mortgage Loans in accordance with the terms of this Agreement and shall have full power and authority to do any and all things which it may deem necessary or desirable in connection with such master servicing and administration. In performing its obligations hereunder, the Master Servicer shall act in a manner consistent with Accepted Master Servicing Practices. Furthermore, the Master Servicer shall oversee and consult with each Servicer as reasonably necessary from time-to-time to carry out the Master Servicer’s obligations hereunder, shall receive, review and evaluate all reports, information and other data provided to the Master Servicer by the related Servicer and shall cause the related Servicer to perform and observe the covenants, obligations and conditions to be performed or observed by the Servicers under this Agreement. The Master Servicer shall independently monitor each Servicer’s servicing activities with respect to each Mortgage Loan, reconcile the results of such monitoring with such information provided in the previous sentence on a monthly basis and coordinate corrective adjustments to each Servicer’s and Master Servicer’s records, and based on such reconciled and corrected information, the Master Servicer shall provide such information to the Trust Administrator as shall be necessary in order for it to prepare the statements specified in Section 4.02, and prepare any other information and statements required to be forwarded by the Master Servicer hereunder. The Master Servicer shall reconcile the results of its Mortgage Loan monitoring with the actual remittances of the related Servicer to the related Collection Account pursuant to Section 3.10.
 
The Trustee shall furnish the related Servicer and the Master Servicer with any powers of attorney and other documents in form as provided to it necessary or appropriate to enable the related Servicer and the Master Servicer to service and administer the Mortgage Loans and REO Properties.
 
The Trustee and the Trust Administrator shall provide access to the records and documentation in possession of the Trustee or the Trust Administrator, as applicable, regarding the Mortgage Loans and REO Properties and the servicing thereof to the Certificateholders, the FDIC, and the supervisory agents and examiners of the FDIC, such access being afforded only upon reasonable prior written request and during normal business hours at the office of the Trustee or the Trust Administrator, as applicable; provided, however, that, unless otherwise required by law, neither the Trustee nor the Trust Administrator shall be required to provide access to such records and documentation if the provision thereof would violate the legal right to privacy of any Mortgagor. The Trustee and the Trust Administrator shall allow representatives of the above entities to photocopy any of the records and documentation and shall provide equipment for that purpose at a charge that covers the Trustee’s or Trust Administrator’s, as applicable, actual costs.
 
The Trustee shall execute and deliver to the related Servicer and the Master Servicer any court pleadings, requests for trustee’s sale or other documents necessary or desirable to (i) the foreclosure or trustee’s sale with respect to a Mortgaged Property; (ii) any legal action brought to obtain judgment against any Mortgagor on the Mortgage Note or Security Instrument; (iii) obtain a deficiency judgment against the Mortgagor; or (iv) enforce any other rights or remedies provided by the Mortgage Note or Mortgage or otherwise available at law or equity.
 
SECTION 3A.02  
[Reserved].
 
SECTION 3A.03  
Monitoring of each Servicer.
 
  The Master Servicer shall be responsible for reporting to the Trustee, the Trust Administrator and the Depositor the non-compliance by the related Servicer with its duties under this Agreement. In the review of the related Servicer’s activities, the Master Servicer may rely upon an Officers’ Certificate of the related Servicer (or similar document signed by a Servicing Officer of the related Servicer) with regard to the related Servicer’s compliance with the terms of this Agreement. In the event that the Master Servicer, in its good faith judgment, determines that the related Servicer should be terminated due to the occurrence of a Servicer Event of Default, or that a notice should be sent pursuant to the terms hereof with respect to the occurrence of an event that, unless cured, would become a Servicer Event of Default, the Master Servicer shall notify the Depositor, the Trust Administrator and the Trustee thereof and the Master Servicer shall issue such notice or take such other action as it deems appropriate.
 
  The Master Servicer (or if the Master Servicer is the Servicer, the Trustee), for the benefit of the Certificateholders, shall enforce the obligations of the Servicers under this Agreement, and shall, in the event that it receives notice and confirms that a Servicer has failed to perform its obligations in accordance with this Agreement, subject to the preceding paragraph, terminate the rights and obligations of the related Servicer hereunder and in accordance with the provisions of Article VII of this Agreement and act as Servicer of the Mortgage Loans or appoint a successor servicer; provided, however, it is understood and acknowledged by the parties hereto that there will be a period of transition (not to exceed 90 days) before the actual servicing functions can be fully transferred to such successor servicer. Such enforcement, including, without limitation, the legal prosecution of claims and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Master Servicer or Trustee, as applicable, in its good faith business judgment, would require were it the owner of the Mortgage Loans. The Master Servicer or the Trustee, as applicable, shall pay the costs of such enforcement at its own expense, provided that the Master Servicer or the Trustee, as applicable, shall not be required to prosecute or defend any legal action except to the extent that the Master Servicer or the Trustee, as applicable, shall have received reasonable indemnity for its costs and expenses in pursuing such action.
 
  To the extent that the costs and expenses of the Master Servicer or Trustee, as applicable, related to any termination of a Servicer, appointment of a successor servicer or the transfer and assumption of servicing by the Master Servicer or the Trustee, as applicable, with respect to this Agreement (including, without limitation, (i) all legal costs and expenses and all due diligence costs and expenses associated with an evaluation of the potential termination of the related Servicer as a result of a Servicer Event of Default and (ii) all costs and expenses associated with the complete transfer of servicing, including all servicing files and all servicing data and the completion, correction or manipulation of such servicing data as may be required by the successor servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the successor servicer to service the Mortgage Loans in accordance with this Agreement) are not fully and timely reimbursed by the terminated Servicer, the Master Servicer or the Trustee, as applicable, shall be entitled to reimbursement of such costs and expenses from the Distribution Account.
 
  The Master Servicer (or if the Master Servicer is the Servicer, the Trustee) shall, upon receipt from the related Servicer, the Master Servicer or the Trust Administrator, of notice of any failure of the related Servicer to comply with the remittance requirements and other obligations set forth in this Agreement, enforce such obligations.
 
  If the Master Servicer or the Trustee, as applicable, acts as Servicer, it will not assume liability for the representations and warranties of the related Servicer that it replaces.
 
SECTION 3A.04  
Fidelity Bond.
 
The Master Servicer, at its expense, shall maintain in effect a blanket fidelity bond and an errors and omissions insurance policy, affording coverage with respect to all directors, officers, employees and other Persons acting on such Master Servicer’s behalf, and covering errors and omissions in the performance of the Master Servicer’s obligations hereunder. The errors and omissions insurance policy and the fidelity bond shall be in such form and amount generally acceptable for entities serving as master servicer.
 
SECTION 3A.05  
Power to Act; Procedures.
 
The Master Servicer shall master service the Mortgage Loans and shall have full power and authority, subject to the REMIC Provisions and the provisions of Article X hereof, to do any and all things that it may deem necessary or desirable in connection with the master servicing and administration of the Mortgage Loans, including but not limited to the power and authority (i) to execute and deliver, on behalf of the Certificateholders and the Trustee, customary consents or waivers and other instruments and documents, (ii) to consent to transfers of any Mortgaged Property and assumptions of the Mortgage Notes and related Mortgages, (iii) to collect any Insurance Proceeds and Liquidation Proceeds, and (iv) to effectuate foreclosure or other conversion of the ownership of the Mortgaged Property securing any Mortgage Loan, in each case, in accordance with the provisions of this Agreement; provided, however, that the Master Servicer shall not (and, consistent with its responsibilities under Article X, shall not permit any Servicer to) knowingly or intentionally take any action, or fail to take (or fail to cause to be taken) any action reasonably within its control and the scope of duties more specifically set forth herein, that, under the REMIC Provisions, if taken or not taken, as the case may be, would cause the Trust REMIC to fail to qualify as a REMIC or result in the imposition of a tax upon the Trust Fund (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section 860G(d) of the Code) unless the Master Servicer has received an Opinion of Counsel (but not at the expense of the Master Servicer) to the effect that the contemplated action would not cause any REMIC to fail to qualify as a REMIC or result in the imposition of a tax upon any REMIC. The Trustee shall furnish the Master Servicer or the related Servicer, upon written request from a Servicing Officer, with any powers of attorney empowering the Master Servicer or the related Servicer to execute and deliver instruments of satisfaction or cancellation, or of partial or full release or discharge, and to foreclose upon or otherwise liquidate Mortgaged Property, and to appeal, prosecute or defend in any court action relating to the Mortgage Loans or the Mortgaged Property, in accordance with this Agreement, and the Trustee shall execute and deliver such other documents, as the Master Servicer may request, to enable the Master Servicer to master service and administer the Mortgage Loans and carry out its duties hereunder, in each case in accordance with Accepted Master Servicing Practices (and the Trustee shall have no liability for misuse of any such powers of attorney by the Master Servicer or the related Servicer). If the Master Servicer or the Trustee has been advised that it is likely that the laws of the state in which action is to be taken prohibit such action if taken in the name of the Trustee or that the Trustee would be adversely affected under the “doing business” or tax laws of such state if such action is taken in its name, the Master Servicer shall join with the Trustee in the appointment of a co-trustee pursuant to Section 8.10 hereof. In the performance of its duties hereunder, the Master Servicer shall be an independent contractor and shall not, except in those instances where it is taking action in the name of the Trustee, be deemed to be the agent of the Trustee.
 
SECTION 3A.06  
Due on Sale Clauses; Assumption Agreements.
 
To the extent Mortgage Loans contain enforceable due-on-sale clauses, the Master Servicer shall cause the Servicers to enforce such clauses in accordance with Section 3.15 of this Agreement. If applicable law prohibits the enforcement of a due-on-sale clause or such clause is otherwise not enforced in accordance with this Agreement, and, as a consequence, a Mortgage Loan is assumed, the original Mortgagor may be released from liability in accordance with this Agreement.
 
SECTION 3A.07  
[Reserved].
 
SECTION 3A.08  
Documents, Records and Funds in Possession of Master Servicer to be Held for Trustee.
 
  The Master Servicer and the Servicers shall transmit to the Trustee (or the Custodian on behalf of the Trustee) such documents and instruments coming into the possession of the Master Servicer or the Servicers from time to time as are required by the terms hereof to be delivered to the Trustee, the Trust Administrator or the Custodian. Any funds received by the Master Servicer or by the Servicers in respect of any Mortgage Loan or which otherwise are collected by the Master Servicer or by the Servicers as Liquidation Proceeds or Insurance Proceeds in respect of any Mortgage Loan shall be held for the benefit of the Trustee and the Certificateholders subject to the Master Servicer’s right to retain its Master Servicing Fee or withdraw from the Distribution Account the Master Servicing Compensation and other amounts provided in this Agreement, and to the right of the related Servicer to retain its Servicing Fee and other amounts as provided in this Agreement. The Master Servicer shall, and subject to Section 3.22 shall cause the related Servicer to, provide access to information and documentation regarding the Mortgage Loans to the Trust Administrator, its agents and accountants at any time upon reasonable request and during normal business hours, and to Certificateholders that are savings and loan associations, banks or insurance companies, the Office of Thrift Supervision, the FDIC and the supervisory agents and examiners of such Office and Corporation or examiners of any other federal or state banking or insurance regulatory authority if so required by applicable regulations of the Office of Thrift Supervision or other regulatory authority, such access to be afforded without charge but only upon reasonable request in writing and during normal business hours at the offices of the Master Servicer designated by it. In fulfilling such a request the Master Servicer shall not be responsible for determining the sufficiency of such information.
 
  All Mortgage Files and funds collected or held by, or under the control of, the Master Servicer or the Servicers, in respect of any Mortgage Loans, whether from the collection of principal and interest payments or from Liquidation Proceeds or Insurance Proceeds, shall be held by the related Servicer or the Master Servicer, as applicable, for and on behalf of the Trustee and the Certificateholders and shall be and remain the sole and exclusive property of the Trustee; provided, however, that the Master Servicer and the related Servicer shall be entitled to setoff against, and deduct from, any such funds any amounts that are properly due and payable to the Master Servicer or the related Servicer under this Agreement.
 
SECTION 3A.09  
Compensation for the Master Servicer.
 
The Master Servicer shall be entitled to the Master Servicing Fee with respect to each Mortgage Loan. The Master Servicer will also be entitled to all income and gain realized from any investment of funds in the Distribution Account, pursuant to Section 3A.11 and Section 3A.12, for the performance of its activities hereunder (the “Master Servicing Compensation”). Servicing compensation in the form of assumption fees, if any, late payment charges, as collected, if any, or otherwise shall be retained by each Servicer in accordance with Section 3.18. The Master Servicer shall be required to pay all expenses incurred by it in connection with the performance of its duties hereunder and shall not be entitled to reimbursement therefor except as provided in this Agreement.
 
SECTION 3A.10  
Obligations of the Master Servicer in Respect of Prepayment Interest Shortfalls.
 
In the event of a Prepayment Interest Shortfall, the Master Servicer shall remit to the Trust Administrator, from its own funds and without right of reimbursement (except as described below), not later than the related Distribution Date, Compensating Interest in an amount equal to the lesser of (i) the aggregate amounts in respect of Compensating Interest required to be paid by the related Servicer pursuant to Section 3.24 with respect to Prepayment Interest Shortfalls attributable to Principal Prepayments in full on the Mortgage Loans for the related Distribution Date and not so paid by the related Servicer and (ii) the aggregate compensation payable to the Master Servicer for the related collection period under this Agreement. In the event the Master Servicer pays any amount in respect of such Compensating Interest prior to the time it shall have succeeded as successor servicer, the Master Servicer shall be subrogated to the Trust Fund’s right to receive such amount from the related Servicer. In the event the Trust Fund receives from the related Servicer all or any portion of amounts in respect of Compensating Interest required to be paid by the related Servicer pursuant to Section 3.24, not so paid by the related Servicer when required, and paid by the Master Servicer pursuant to this Section 3A.10, then the Master Servicer may reimburse itself for the amount of Compensating Interest paid by the Master Servicer from such receipts by the Trust Fund.
 
SECTION 3A.11  
Distribution Account. 
 
  On behalf of the Trust Fund, the Trust Administrator shall establish and maintain one or more accounts (such account or accounts, the “Distribution Account”), held in trust for the benefit of the Trustee and the Certificateholders. The Distribution Account shall be an Eligible Account. The Master Servicer will deposit in the Distribution Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts:
 
(1) Any amounts remitted to the Master Servicer by the Servicers from the related Collection Account;
 
(2) Any Advances received from the Servicers or made by the Master Servicer or (if the Master Servicer is the Servicer) the Trustee (in each case in its capacity as successor servicer), and any payments of Compensating Interest received from the Servicers or made by the Master Servicer (unless, in the case of the Master Servicer, such amounts are deposited by the Master Servicer directly into the Distribution Account);
 
(3) Any Insurance Proceeds or Net Liquidation Proceeds received by or on behalf of the Master Servicer or which were not deposited in the related Collection Account;
 
(4)  Any amounts required to be deposited with respect to losses on investments of deposits in the Distribution Account; and
 
(5) Any other amounts received by or on behalf of the Master Servicer and required to be deposited in the Distribution Account pursuant to this Agreement.
 
  All amounts deposited to the Distribution Account shall be held by the Master Servicer in the name of the Trustee in trust for the benefit of the Certificateholders in accordance with the terms and provisions of this Agreement. The requirements for crediting the Distribution Account shall be exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments in the nature of (A) the Master Servicing Fee, (B) late payment charges or assumption, tax service, statement account or payoff, substitution, satisfaction, release and other like fees and charges and (C) the items enumerated in Section 3A.12(a) (with respect the clearing and termination of the Distribution Account and with respect to amounts deposited in error), in Section 3A.12(b) or in clauses (i), (ii), (iii) and (iv), (v) of Section 3A.12(c), need not be credited by the Master Servicer to the Distribution Account. In the event that the Master Servicer shall deposit or cause to be deposited to the Distribution Account any amount not required to be credited thereto, the Trustee or the Trust Administrator, upon receipt of a written request therefor signed by a Servicing Officer of the Master Servicer, shall promptly transfer such amount to the Master Servicer, any provision herein to the contrary notwithstanding.
 
  The Trust Administrator may direct any depository institution maintaining the Distribution Account to invest the funds on deposit in such account or to hold such funds uninvested. All investments pursuant to this Section 3A.11 shall be in one or more Permitted Investments bearing interest or sold at a discount, and maturing, unless payable on demand, (i) no later than the Business Day immediately preceding the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if a Person other than the Trust Administrator is the obligor thereon or if such investment is managed or advised by a Person other than the Trust Administrator or an Affiliate of the Trust Administrator, and (ii) no later than the date on which such funds are required to be withdrawn from such account pursuant to this Agreement, if the Trust Administrator is the obligor thereon or if such investment is managed or advised by the Trust Administrator or any Affiliate. All such Permitted Investments shall be held to maturity, unless payable on demand. Any investment of funds in the Distribution Account shall be made in the name of the Trustee, or in the name of a nominee of the Trust Administrator. The Trust Administrator shall be entitled to sole possession over each such investment, and any certificate or other instrument evidencing any such investment shall be delivered directly to the Trust Administrator or its agent, together with any document of transfer necessary to transfer title to such investment to the Trust Administrator or its nominee. In the event amounts on deposit in the Distribution Account are at any time invested in a Permitted Investment payable on demand, the Trust Administrator shall:
 
(x) consistent with any notice required to be given thereunder, demand that payment thereon be made on the last day such Permitted Investment may otherwise mature hereunder in an amount equal to the lesser of (1) all amounts then payable thereunder and (2) the amount required to be withdrawn on such date; and
 
(y) demand payment of all amounts due thereunder promptly upon determination by a Responsible Officer of the Trust Administrator that such Permitted Investment would not constitute a Permitted Investment in respect of funds thereafter on deposit in the Distribution Account.
 
  All income and gain realized from the investment of funds deposited in the Distribution Account shall be for the benefit of the Master Servicer. The Trust Administrator shall deposit in the Distribution Account the amount of any loss of principal incurred in respect of any such Permitted Investment made with funds in such Account immediately upon realization of such loss.
 
SECTION 3A.12  
Permitted Withdrawals and Transfers from the Distribution Account.
 
  The Trust Administrator will, from time to time on demand of the Master Servicer, the Servicers or the Trustee, make or cause to be made such withdrawals or transfers from the Distribution Account pursuant to this Agreement. The Trust Administrator may clear and terminate the Distribution Account pursuant to Section 9.01 and remove amounts from time to time deposited in error.
 
  On an ongoing basis, the Trust Administrator shall withdraw funds from the Distribution Account to pay (i) any Extraordinary Trust Fund Expenses including but not limited to amounts payable to the related Servicer or the Depositor pursuant to Section 6.03(b), to the Trustee pursuant to Section 3.06, Section 7.02 or Section 8.05 or to the Master Servicer pursuant to Section 6.03(c), and (ii) any amounts expressly payable to the Master Servicer as set forth in Section 3A.09.
 
  The Trust Administrator may withdraw from the Distribution Account any of the following amounts (in the case of any such amount payable or reimbursable to the related Servicer, only to the extent the related Servicer shall not have paid or reimbursed itself such amount prior to making any remittance to the Master Servicer pursuant to the terms of this Agreement):
 
(i) (a) to pay to the Master Servicer any unpaid Master Servicing Fees and (b) to reimburse the Master Servicer or (if the Master Servicer is the Servicer) the Trustee (to the extent either of them is obligated to do so as successor Servicer) for any Advance of its own funds, the right of the Master Servicer or the Trustee, as applicable, to reimbursement pursuant to this subclause (i) being limited to amounts received on a particular Mortgage Loan (including, for this purpose, the Purchase Price therefor, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries) which represent late payments or recoveries of the principal of or interest on such Mortgage Loan respecting which such Advance was made;
 
(ii) to reimburse the Master Servicer from Insurance Proceeds, Liquidation Proceeds or Subsequent Recoveries relating to a particular Mortgage Loan for amounts expended by the Master Servicer in good faith in connection with the restoration of the related Mortgaged Property which was damaged by an Uninsured Cause or in connection with the liquidation of such Mortgage Loan;
 
(iii) to reimburse the Master Servicer from Insurance Proceeds relating to a particular Mortgage Loan for insured expenses incurred with respect to such Mortgage Loan and to reimburse the Master Servicer from Liquidation Proceeds and Subsequent Recoveries from a particular Mortgage Loan for Liquidation Expenses incurred with respect to such Mortgage Loan;
 
(iv) to reimburse the Master Servicer for advances of funds (other than Advances) made with respect to the Mortgage Loans, and the right to reimbursement pursuant to this subclause being limited to amounts received on the related Mortgage Loan (including, for this purpose, the Purchase Price therefor, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries) which represent late recoveries of the payments for which such advances were made;
 
(v) to reimburse the Master Servicer (or if the Master Servicer is the Servicer) the Trustee (to the extent either of them is obligated to do so as successor Servicer) for any Advance or Servicing Advance, after a Realized Loss has been allocated with respect to the related Mortgage Loan if the Advance or Servicing Advance has not been reimbursed pursuant to clauses (i) through (iv);
 
(vi) to make distributions in accordance with Section 4.01;
 
(vii) to pay compensation to the Trust Administrator on each Distribution Date;
 
(viii) to pay any amounts in respect of taxes pursuant to Section 10.01(g);
 
(ix) without duplication of the amount set forth in clause (iii) above, to pay any Extraordinary Trust Fund Expenses to the extent not paid by the Master Servicer from the Distribution Account;
 
(x) without duplication of any of the foregoing, to reimburse or pay the related Servicer any such amounts as are due thereto under this Agreement and have not been retained by or paid to the related Servicer, to the extent provided in this Agreement and to refund to the related Servicer any amount remitted by the related Servicer to the Master Servicer in error;
 
(xi) to pay to the Master Servicer, any interest or investment income earned on funds deposited in the Distribution Account;
 
(xii) to pay the Credit Risk Manager the Credit Risk Manager Fee;
 
(xiii) to withdraw any amount deposited in the Distribution Account in error; and
 
(xiv) to clear and terminate the Distribution Account pursuant to Section 9.01.
 
The Master Servicer shall keep and maintain separate accounting, on a Mortgage Loan by Mortgage Loan basis, for the purpose of accounting for any reimbursement from the Distribution Account pursuant to clauses (i) through (v) above or with respect to any such amounts which would have been covered by such clauses had the amounts not been retained by the Master Servicer without being deposited in the Distribution Account.
 
  On or before the Business Day prior to each Distribution Date, the Master Servicer or (if the Master Servicer is the Servicer) the Trustee (to the extent either of them is obligated to do so as successor Servicer) shall remit to the Trust Administrator for deposit in the Distribution Account any Advances required to be made and the Master Servicer shall deposit in the Distribution Account any Compensating Interest required to be paid, in either such case by the Master Servicer or the Trustee, as applicable, with respect to the Mortgage Loans.
 

 
ARTICLE IV
 
PAYMENTS TO CERTIFICATEHOLDERS
 
SECTION 4.01  
Distributions.
 
(a)  (1)On each Distribution Date, the Trust Administrator shall, first, withdraw from the Distribution Account an amount equal to the Credit Risk Manager Fee for such Distribution Date and shall pay such amount to the Credit Risk Manager and, second, withdraw from the Distribution Account an amount equal to the Available Distribution Amount for such Distribution Date and shall distribute the following amounts, in the following order of priority:
 
On each Distribution Date, the Interest Remittance Amount shall be distributed to the Certificateholders in the following order of priority:
 
(i)  concurrently, to the Holders of the Class A Certificates, on a pro rata basis based on the entitlement of each such Class, the Senior Interest Distribution Amount allocable to the Class A Certificates; and
 
(ii)  sequentially, to the Holders of the Class M-1, Class M-2, Class M-3 and Class M-4 Certificates, in that order, in an amount equal to the Interest Distribution Amount for each such Class.
 
(2)(I) On each Distribution Date (a) prior to the Stepdown Date or (b) on which a Trigger Event is in effect, the Principal Distribution Amount shall be distributed in the following order of priority:
 
(i)  to the Holders of the Class A Certificates (allocated among the Class A Certificates in the priority described below), until the Certificate Principal Balances of such Classes have been reduced to zero; and
 
(ii)  sequentially, to the Holders of the Class M-1, Class M-2, Class M-3 and Class M-4 Certificates, in that order, until the Certificate Principal Balances of such Classes have been reduced to zero.
 
(II) On each Distribution Date (a) on or after the Stepdown Date and (b) on which a Trigger Event is not in effect, the Principal Distribution Amount shall be distributed in the following order of priority:
 
(i)  to the Holders of the Class A Certificates (allocated among the Class A Certificates in the priority described below), the Senior Principal Distribution Amount, until the Certificate Principal Balances of such Classes have been reduced to zero;
 
(ii)  to the Holders of the Class M-1 Certificates, the Class M-1 Principal Distribution Amount, until the Certificate Principal Balance thereof has been reduced to zero;
 
(iii)  to the Holders of the Class M-2 Certificates, the Class M-2 Principal Distribution Amount, until the Certificate Principal Balance thereof has been reduced to zero;
 
(iv)  to the Holders of the Class M-3 Certificates, the Class M-3 Principal Distribution Amount, until the Certificate Principal Balance thereof has been reduced to zero; and
 
(v)  to the Holders of the Class M-4 Certificates, the Class M-4 Principal Distribution Amount, until the Certificate Principal Balance thereof has been reduced to zero.
 
With respect to the Class A Certificates, all principal distributions will be distributed sequentially, first, to the Holders of the NAS Certificates (on a pro rata basis based on the Certificate Principal Balance of each such class), the Lockout Distribution Percentage of such principal distributions, until the Certificate Principal Balances of the NAS Certificates have been reduced to zero; second, to the Class A-1 Certificates, until the Certificate Principal Balance of the Class A-1 Certificates has been reduced to zero; third, to the Class A-2 Certificates, until the Certificate Principal Balance of the Class A-2 Certificates has been reduced to zero; fourth, to the Class A-3 Certificates, until the Certificate Principal Balance of the Class A-3 Certificates has been reduced to zero; fifth, to the Class A-4 Certificates, until the Certificate Principal Balance of the Class A-4 Certificates has been reduced to zero; sixth, to the Class A-5 Certificates, until the aggregate Certificate Principal Balance of the Class A-5 Certificates has been reduced to zero and seventh, to the NAS Certificates (on a pro rata basis based on the Certificate Principal Balance of each such Class), until the Certificate Principal Balances of the NAS Certificates have been reduced to zero, provided, however, on any Distribution Date on which the aggregate Certificate Principal Balance of the Subordinate Certificates has been reduced to zero, principal distributions will be distributed concurrently, to the Class A Certificates, on a pro rata basis, based on the Certificate Principal Balance of each such Class, until their respective Certificate Principal Balances have been reduced to zero.
 
(3) On each Distribution Date, the Net Monthly Excess Cashflow shall be distributed by the Trust Administrator as follows:
 
(i)  to the Holders of the Class or Classes of Certificates then entitled to receive distributions in respect of principal, as part of the Principal Distribution Amount in an amount equal to the Overcollateralization Increase Amount for the Certificates, distributable as part of the Principal Distribution Amount;
 
(ii)  sequentially, to the Holders of the Class M-1, Class M-2, Class M-3 and Class M-4 Certificates, in that order, in each case, in an amount equal to the Interest Carry Forward Amount allocable to such Class of Certificates;
 
(iii)  sequentially to the Holders of the Class M-1, Class M-2, Class M-3 and Class M-4 Certificates, in that order, in each case up to the related Allocated Realized Loss Amount related to each such Class of Certificates for such Distribution Date;
 
(iv)  to the Net WAC Rate Carryover Reserve Account, any Net WAC Rate Carryover Amounts for the Floating Rate Certificates and the Fixed Rate Certificates, after taking into account amounts, if any, received under the Basis Risk Cap Agreements for such Distribution Date;
 
(v)  to reimburse the related Servicer for the amount of any P&I Advances or Servicing Advances added to the unpaid principal balance of a Mortgage Loan pursuant to a capitalization modification permitted in accordance with the proviso in the last sentence of Section 3.07 (it being understood that with respect to any P&I Advances or Servicing Advances outstanding on any modified Mortgage Loan that was modified pursuant to any modification of a kind not contemplated and permitted by such proviso, then such advances shall only be reimbursable as provided in clauses (ii), (iii) and (vi) of Section 3.11(a));
 
(vi)  to the Holders of the Class CE Certificates, (a) the Interest Distribution Amount and any Overcollateralization Reduction Amount for such Distribution Date and (b) on any Distribution Date on which the aggregate Certificate Principal Balance of the Floating Rate Certificates and the Fixed Rate Certificates have been reduced to zero, any remaining amounts in reduction of the Certificate Principal Balance of the Class CE Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and
 
(vii)  to the Holders of the Class R Certificates, any remaining amounts; provided that if such Distribution Date is the Distribution Date immediately following the expiration of the latest Prepayment Charge term on a Mortgage Loan as identified on the Mortgage Loan Schedule or any Distribution Date thereafter, then any such remaining amounts will be distributed first, to the Holders of the Class P Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and second, to the Holders of the Class R Certificates.
 
(4) On each Distribution Date, after making the distributions of the Available Distribution Amount as set forth above, the Trust Administrator will withdraw from the Net WAC Rate Carryover Reserve Account, to the extent of amounts remaining on deposit therein, the amount of any Net WAC Rate Carryover Amount for such Distribution Date and distribute such amount in the following order of priority:
 
(i)  to the Holders of the Class A-1 Certificates, any amounts received under the Class A-1 Basis Risk Cap Agreement, up to an amount equal to the Net WAC Carryover Amount for such Class; 
 
(ii)  to the Holders of the Class A-2 Certificates, any amounts received under the Class A-2 Basis Risk Cap Agreement, up to an amount equal to the Net WAC Carryover Amount for such Class;
 
(iii)  to the Holders of the Class A-3 Certificates, any amounts received under the Class A-3 Basis Risk Cap Agreement, up to an amount equal to the Net WAC Carryover Amount for such class;
 
(iv)  concurrently, to the Class A Certificates, any remaining Net WAC Rate Carryover Amounts first, on a pro rata basis based on the Certificate Principal Balance for each such Class prior to any distributions of principal on such Distribution Date and then on a pro rata basis based on any remaining Net WAC Rate Carryover Amount for each such Class; and
 
(v)  sequentially, to the Class M-1, Class M-2, Class M-3 and Class M-4 Certificates, in that order, the related Net WAC Rate Carryover Amount.
 
(5) On each Distribution Date, the following amounts, in the following order of priority, shall be distributed by REMIC I to REMIC II on account of the REMIC I Regular Interests or withdrawn from the Distribution Account and distributed to the holders of the Class R-I Interest, as the case may be:
 
(i)  to Holders of REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4, REMIC I Regular Interest I-LTZZ and REMIC I Regular Interest I-LTP, in an amount equal to (A) the Uncertificated Interest for such Distribution Date, plus (B) any amounts in respect thereof remaining unpaid from previous Distribution Dates. Amounts payable as Uncertificated Interest in respect of REMIC I Regular Interest I-LTZZ shall be reduced when the sum of the REMIC I Overcollateralized Amount is less than the REMIC I Required Overcollateralized Amount, by the lesser of (x) the amount of such difference and (y) the Maximum I-LTZZ Uncertificated Interest Deferral Amount and such amounts will be payable to the Holders of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3 and REMIC I Regular Interest I-LTM4, in the same proportion as the Overcollateralization Increase Amount is allocated to the Corresponding Certificates and the Uncertificated Balance of REMIC I Regular Interest I-LTZZ shall be increased by such amount;
 
(ii)  to the Holders of REMIC I Regular Interests, in an amount equal to the remainder of the Available Distribution Amount for such Distribution Date after the distributions made pursuant to clause (i) above, allocated as follows:
 
(a) 98.00% of such remainder to the Holders of REMIC I Regular Interest I-LTAA, until the Uncertificated Balance of such REMIC I Regular Interest is reduced to zero;
 
(b) 2.00% of such remainder first, to the Holders of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTA5, REMIC I Regular Interest I-LTA6, REMIC I Regular Interest I-LTA7, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3 and REMIC I Regular Interest I-LTM4, and in the same proportion as principal payments are allocated to the Corresponding Certificates, until the Uncertificated Balances of such REMIC I Regular Interests are reduced to zero and second, to the Holders of REMIC I Regular Interest I-LTZZ, until the Uncertificated Balance of such REMIC I Regular Interest is reduced to zero;
 
(c) to the Holders of REMIC I Regular Interest I-LTP, on the Distribution Date immediately following the expiration of the latest Prepayment Charge as identified on the Prepayment Charge Schedule or any Distribution Date thereafter until $100 has been distributed pursuant to this clause;
 
(iii)  any remaining amount to the Holders of the Class R Certificates (as Holder of the Class R-I Interest).
 
(b)  On each Distribution Date, the Trust Administrator shall withdraw any amounts then on deposit in the Distribution Account that represent Prepayment Charges collected by the Servicers or any Sub-Servicer and remitted to the Master Servicer in connection with the Principal Prepayment of any of the Mortgage Loans or any Servicer Prepayment Charge Payment Amount and shall distribute such amounts to the Holders of the Class P Certificates. Such distributions shall not be applied to reduce the Certificate Principal Balance of the Class P Certificates.
 
Following the foregoing distributions, an amount equal to the amount of Subsequent Recoveries shall be applied to increase the Certificate Principal Balance of the Class of Certificates with the Highest Priority up to the extent of such Realized Losses previously allocated to that Class of Certificates pursuant to Section 4.04. An amount equal to the amount of any remaining Subsequent Recoveries shall be applied to increase the Certificate Principal Balance of the Class of Certificates with the next Highest Priority, up to the amount of such Realized Losses previously allocated to that Class of Certificates pursuant to Section 4.04. Holders of such Certificates will not be entitled to any distribution in respect of interest on the amount of such increases for any Interest Accrual Period preceding the Distribution Date on which such increase occurs. Any such increases shall be applied to the Certificate Principal Balance of each Certificate of such Class in accordance with its respective Percentage Interest.
 
(c)  All distributions made with respect to each Class of Certificates on each Distribution Date shall be allocated pro rata among the outstanding Certificates in such Class based on their respective Percentage Interests. Distributions in respect of each Class of Certificates on each Distribution Date will be made to the Holders of the respective Class of record on the related Record Date (except as otherwise provided in Section 4.01(e) or Section 9.01 respecting the final distribution on such Class), based on the aggregate Percentage Interest represented by their respective Certificates, and shall be made by wire transfer of immediately available funds to the account of any such Holder at a bank or other entity having appropriate facilities therefor, if such Holder shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date and with respect to any Class of Certificates other than the Residual Certificates is the registered owner of Certificates having an initial aggregate Certificate Principal Balance that is in excess of the lesser of (i) $5,000,000 or (ii) two-thirds of the initial Certificate Principal Balance of such Class of Certificates, or otherwise by check mailed by first class mail to the address of such Holder appearing in the Certificate Register. The final distribution on each Certificate will be made in like manner, but only upon presentment and surrender of such Certificate at the Corporate Trust Office of the Trust Administrator or such other location specified in the notice to Certificateholders of such final distribution.
 
Each distribution with respect to a Book-Entry Certificate shall be paid to the Depository, as Holder thereof, and the Depository shall be responsible for crediting the amount of such distribution to the accounts of its Depository Participants in accordance with its normal procedures. Each Depository Participant shall be responsible for disbursing such distribution to the Certificate Owners that it represents and to each indirect participating brokerage firm (a “brokerage firm” or “indirect participating firm”) for which it acts as agent. Each brokerage firm shall be responsible for disbursing funds to the Certificate Owners that it represents. None of the Trustee, the Master Servicer, the Trust Administrator, the Depositor or the related Servicer shall have any responsibility therefor except as otherwise provided by this Agreement or applicable law.
 
(d)  The rights of the Certificateholders to receive distributions in respect of the Certificates, and all interests of the Certificateholders in such distributions, shall be as set forth in this Agreement. None of the Holders of any Class of Certificates, the Depositor, the Trustee, the Master Servicer, the Trust Administrator or the related Servicer shall in any way be responsible or liable to the Holders of any other Class of Certificates in respect of amounts properly previously distributed on the Certificates.
 
(e)  Except as otherwise provided in Section 9.01, whenever the Trust Administrator expects that the final distribution with respect to any Class of Certificates will be made on the next Distribution Date, the Trust Administrator shall, no later than five days after the latest related Determination Date, mail on such date to each Holder of such Class of Certificates a notice to the effect that:
 
(i)  the Trust Administrator expects that the final distribution with respect to such Class of Certificates will be made on such Distribution Date, but only upon presentation and surrender of such Certificates at the office of the Trust Administrator therein specified, and
 
(ii)  no interest shall accrue on such Certificates from and after the end of the related Interest Accrual Period.
 
(iii)  Any funds not distributed to any Holder or Holders of Certificates of such Class on such Distribution Date because of the failure of such Holder or Holders to tender their Certificates shall, on such date, be set aside and held in trust by the Trust Administrator and credited to the account of the appropriate non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to this Section 4.01(e) shall not have been surrendered for cancellation within six months after the time specified in such notice, the Trust Administrator shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order to receive the final distribution with respect thereto. If within one year after the second notice all such Certificates shall not have been surrendered for cancellation, the Trust Administrator shall, directly or through an agent, mail a final notice to remaining non-tendering Certificateholders concerning surrender of their Certificates and shall continue to hold any remaining funds for the benefit of non-tendering Certificateholders. The costs and expenses of maintaining the funds in trust and of contacting such Certificateholders shall be paid out of the assets remaining in such trust fund. If within one year after the final notice any such Certificates shall not have been surrendered for cancellation, the Trust Administrator shall pay to Citigroup Global Markets Inc. all such amounts, and all rights of non-tendering Certificateholders in or to such amounts shall thereupon cease. No interest shall accrue or be payable to any Certificateholder on any amount held in trust by the Trust Administrator as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance with this Section 4.01(e). Any such amounts held in trust by the Trust Administrator shall be held in an Eligible Account and the Trust Administrator may direct any depository institution maintaining such account to invest the funds in one or more Permitted Investments. All income and gain realized from the investment of funds deposited in such accounts held in trust by the Trust Administrator shall be for the benefit of the Trust Administrator; provided, however that the Trust Administrator shall deposit in such account the amount of any loss of principal incurred in respect of any such Permitted Investment made with funds in such accounts immediately upon the realization of such loss.
 
(f)  Notwithstanding anything to the contrary herein, (i) in no event shall the Certificate Principal Balance of a Class A Certificate or a Mezzanine Certificate be reduced more than once in respect of any particular amount allocated to such Certificate in respect of Realized Losses pursuant to Section 4.04 and (ii) in no event shall the Uncertificated Balance of a REMIC Regular Interest be reduced more than once in respect of any particular amount both (a) allocated to such REMIC Regular Interest in respect of Realized Losses pursuant to Section 4.04 and (b) distributed on such REMIC Regular Interest in reduction of the Uncertificated Balance thereof pursuant to this Section 4.01.
 
SECTION 4.02  
Statements to Certificateholders.
 
On each Distribution Date, based (in part), as applicable, on information provided to the Trust Administrator by the Master Servicer (which in turn shall be based (in part), as applicable, on information provided to the Master Servicer by the Servicers), the Trust Administrator shall prepare and make available on its website to each Holder of the Regular Certificates a statement as to the distributions made on such Distribution Date setting forth:
 
(i)  the amount of the distribution made on such Distribution Date to the Holders of Certificates of each such Class allocable to principal and the amount of the distribution made on such Distribution Date to the Holders of the Class P Certificates allocable to Prepayment Charges;
 
(ii)  the amount of the distribution made on such Distribution Date to the Holders of Certificates of each such Class allocable to interest;
 
(iii)  the aggregate amount of P&I Advances for such Distribution Date;
 
(iv)  the fees and expenses of the trust accrued and paid on such Distribution Date and to whom such fees and expenses were paid;
 
(v)  the aggregate Stated Principal Balance of the Mortgage Loans and any REO Properties for such Distribution Date;
 
(vi)  the number, aggregate principal balance, weighted average remaining term to maturity and weighted average Mortgage Rate of the Mortgage Loans as of the related Due Date;
 
(vii)  the number and aggregate unpaid principal balance of Mortgage Loans that are (a) delinquent 30 to 59 days, (b) delinquent 60 to 89 days, (c) delinquent 90 or more days in each case, as of the last day of the preceding calendar month, (d) as to which foreclosure proceedings have been commenced and (e) with respect to which the related Mortgagor has filed for protection under applicable bankruptcy laws, with respect to whom bankruptcy proceedings are pending or with respect to whom bankruptcy protection is in force;
 
(viii)  the Delinquency Percentage and the Realized Loss Percentage;
 
(ix)  the Stated Principal Balance of any REO Property as of the close of business on the last Business Day of the calendar month preceding the Distribution Date;
 
(x)  the aggregate amount of Principal Prepayments made during the related Prepayment Period;
 
(xi)  the aggregate amount of Realized Losses incurred during the related Prepayment Period (or, in the case of Bankruptcy Losses allocable to interest, during the related Due Period), separately identifying whether such Realized Losses constituted Bankruptcy Losses;
 
(xii)  the aggregate amount of Extraordinary Trust Fund Expenses withdrawn from the Collection Account or the Distribution Account for such Distribution Date;
 
(xiii)  the aggregate Certificate Principal Balance of each such Class of Certificates, after giving effect to the distributions, and allocations of Realized Losses and Extraordinary Trust Fund Expenses, made on such Distribution Date, separately identifying any reduction thereof due to allocations of Realized Losses and Extraordinary Trust Fund Expenses;
 
(xiv)  the Certificate Factor for each such Class of Certificates applicable to such Distribution Date;
 
(xv)  the Interest Distribution Amount in respect of each such Class of Certificates for such Distribution Date (separately identifying any reductions in the case of Subordinate Certificates resulting from the allocation of Realized Losses allocable to interest and Extraordinary Trust Fund Expenses on such Distribution Date) and the respective portions thereof, if any, remaining unpaid following the distributions made in respect of such Certificates on such Distribution Date;
 
(xvi)  the aggregate amount of any Prepayment Interest Shortfalls for such Distribution Date, to the extent not covered by payments by the Servicers pursuant to Section 3.24 or the Master Servicer pursuant to Section 3A.10;
 
(xvii)  the aggregate amount of Relief Act Interest Shortfalls for such Distribution Date;
 
(xviii)  the Net Monthly Excess Cashflow, the Overcollateralization Target Amount, the Overcollateralized Amount, the Overcollateralization Reduction Amount, the Overcollateralization Increase Amount and the Credit Enhancement Percentage;
 
(xix)  with respect to Mortgage Loans as to which a Final Liquidation has occurred, the number of Mortgage Loans, the unpaid principal balance of such Mortgage Loans as of the date of such Final Liquidation and the amount of proceeds (including Liquidation Proceeds and Insurance Proceeds) collected in respect of such Mortgage Loans;
 
(xx)  any Allocated Realized Loss Amount with respect to each Class of Certificates for such Distribution Date;
 
(xxi)  the amounts deposited into the Net WAC Rate Carryover Reserve Account for such Distribution Date, the amounts withdrawn from such account and distributed to each Class of Certificates, and the amounts remaining on deposit in such account after all deposits into and withdrawals from such account on such Distribution Date;
 
(xxii)  the Net WAC Rate Carryover Amounts for each Class of Certificates, if any, for such Distribution Date and the amounts remaining unpaid after reimbursements therefor on such Distribution Date;
 
(xxiii)  whether a Stepdown Date or Trigger Event is in effect;
 
(xxiv)  the total cashflows received and the general sources thereof;
 
(xxv)  if applicable, unless otherwise set forth in the Form 10-D relating to such Distribution Date, material modifications, extensions or waivers to mortgage loan terms, fees, penalties or payments during the preceding calendar month or that have become material over time;
 
(xxvi)   the applicable Record Dates, Interest Accrual Periods and Determination Dates for calculating distributions for such Distribution Date;
 
(xxvii)  payments, if any, made under the Basis Risk Cap Agreements and the amount distributed to the Floating Rate Certificates from payments made under the Basis Risk Agreeements; and
 
(xxviii)  the Significance Percentage for such Distribution Date.
 
In the case of information furnished pursuant to subclauses (i) through (iii) above, the amounts shall be expressed as a dollar amount per Single Certificate of the relevant Class.
 
The Trust Administrator will make such statement (and, at its option, any additional files containing the same information in an alternative format) available each month to Certificateholders, the Master Servicer, the Servicer, the Depositor, the Credit Risk Manager and the Rating Agencies via the Trust Administrator’s internet website. The Trust Administrator’s internet website shall initially be located at “www.ctslink.com”. Assistance in using the website can be obtained by calling the Trust Administrator’s customer service desk at (301) 815-6600. Parties that are unable to use the above distribution options are entitled to have a paper copy mailed to them via first class mail by calling the customer service desk and indicating such. The Trust Administrator shall have the right to change the way such statements are distributed in order to make such distribution more convenient and/or more accessible to the above parties and the Trust Administrator shall provide timely and adequate notification to all above parties regarding any such changes. As a condition to access the Trust Administrator’s internet website, the Trust Administrator may require registration and the acceptance of a disclaimer. The Trust Administrator will not be liable for the dissemination of information in accordance with this Agreement. The Trust Administrator shall also be entitled to rely on but shall not be responsible for the content or accuracy of any information provided by third parties for purposes of preparing the distribution date statement and may affix thereto any disclaimer it deems appropriate in its reasonable discretion (without suggesting liability on the part of any other party thereto).
 
For all purposes of this Agreement, with respect to any Mortgage Loan, delinquencies shall be determined by the Trust Administrator from information provided by the Servicer and reported by the Trust Administrator based on the OTS methodology for determining delinquencies on mortgage loans similar to the Mortgage Loans. By way of example, a Mortgage Loan would be delinquent with respect to a Monthly Payment due on a Due Date if such Monthly Payment is not made by the close of business on the Mortgage Loan's next succeeding Due Date, and a Mortgage Loan would be more than 30-days Delinquent with respect to such Monthly Payment if such Monthly Payment were not made by the close of business on the Mortgage Loan’s second succeeding Due Date. Each Servicer, other than Wells Fargo, hereby represents and warrants to the Depositor that such Servicer is not subject to any delinquency recognition policy established by the primary safety and soundness regulator, if any, of such Servicer, that is more restrictive than the foregoing delinquency recognition policy. Wells Fargo hereby represents and warrants to the Depositor that Wells Fargo is not subject to any delinquency recognition policy established by its safety and soundness regulators.
 
Within a reasonable period of time after the end of each calendar year, the Trust Administrator shall, upon written request, forward to each Person (with a copy to the Trustee) who at any time during the calendar year was a Holder of a Regular Certificate a statement containing the information set forth in subclauses (i) through (iii) above, aggregated for such calendar year or applicable portion thereof during which such person was a Certificateholder. Such obligation of the Trust Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trust Administrator pursuant to any requirements of the Code as from time to time are in force.
 
On each Distribution Date, the Trust Administrator shall make available to the Depositor, each Holder of a Residual Certificate, the Trustee, the Servicers and the Credit Risk Manager, a copy of the reports forwarded to the Regular Certificateholders on such Distribution Date and a statement setting forth the amounts, if any, actually distributed with respect to the Residual Certificates, respectively, on such Distribution Date.
 
Within a reasonable period of time after the end of each calendar year, the Trust Administrator shall forward to each Person (with a copy to the Trustee) who at any time during the calendar year was a Holder of a Residual Certificate a statement setting forth the amount, if any, actually distributed with respect to the Residual Certificates, as appropriate, aggregated for such calendar year or applicable portion thereof during which such Person was a Certificateholder. Such obligation of the Trust Administrator shall be deemed to have been satisfied to the extent that substantially comparable information shall be provided by the Trust Administrator to such Holders pursuant to the rules and regulations of the Code as are in force from time to time.
 
Upon request, the Trust Administrator shall forward to each Certificateholder, during the term of this Agreement, such periodic, special, or other reports or information, whether or not provided for herein, as shall be reasonable with respect to the Certificateholder, or otherwise with respect to the purposes of this Agreement, all such reports or information to be provided at the expense of the Certificateholder in accordance with such reasonable and explicit instructions and directions as the Certificateholder may provide. For purposes of this Section 4.02, the Trust Administrator’s duties are limited to the extent that the Master Servicer receives timely reports as required from the Servicers.
 
On each Distribution Date, the Trust Administrator shall provide Bloomberg Financial Markets, L.P. (“Bloomberg”) on its website (1) CUSIP level factors for each class of Certificates as of such Distribution Date and (2) the number and aggregate unpaid principal balance of Mortgage Loans that are (a) delinquent 30 to 59 days, (b) delinquent 60 to 89 days, (c) delinquent 90 or more days in each case, as of the last day of the preceding calendar month, (d) as to which foreclosure proceedings have been commenced and (e) with respect to which the related Mortgagor has filed for protection under applicable bankruptcy laws, with respect to whom bankruptcy proceedings are pending or with respect to whom bankruptcy protection is in force, in each case using a format and media mutually acceptable to the Trust Administrator and Bloomberg.
 
For each Distribution Date, the Trust Administrator shall calculate the Significance Percentage of the Basis Risk Cap Agreements. If on any Distribution Date through and including the Distribution Date in December 2006, the Significance Percentage is equal to or greater than 10%, the Trust Administrator shall promptly notify the Depositor and the Trust Administrator shall file, by Form 10-D no later than fifteen days following the related Distribution Date, the financial statements of the Cap Provider as required by Item 1115 of Regulation AB.
 
SECTION 4.03  
Remittance Reports; P&I Advances.
 
(a)  No later than the 10th day of each calendar month (or, in the case of Ameriquest, the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately preceeding), the Servicers shall deliver to the Trust Administrator, in a mutually agreed upon electronic format or by such other means as the related Servicer and the Trust Administrator containing such information regarding the Mortgage Loans as is needed by the Trust Administrator to perform its duties as set forth in Section 4.01 and 4.02 hereof. Such Remittance Report will also include a delinquency report substantially in the form set forth in Exhibit M-1, the monthly remittance advice substantially in the form set forth in Exhibit M-2, and a realized loss report substantially in the form set forth in Exhibit M-3 (or in each case, such other format as mutually agreed to between the Servicers and the Trust Administrator); provided however, Ameriquest will not be obligated to deliver to the Trust Administrator the information in Exhibit M-3 with respect to the Mortgage Loans it services. No later than three Business Days after the 15th day of each calendar month, the Servicers shall furnish to the Trust Administrator a monthly report containing such information regarding prepayments in full on Mortgage Loans during the applicable Prepayment Period in a format as mutually agreed to between the related Servicer and the Trust Administrator. Neither the Trustee nor the Trust Administrator shall be responsible to recompute, recalculate or verify any information provided to it by the Servicers.
 
(b)  With respect to any Mortgage Loan on which a Monthly Payment was due during the related Due Period and delinquent on the related Determination Date, the amount of the Servicer's P&I Advance will be equal to the amount of the Monthly Payment (net of the related Servicing Fee) that is delinquent as of the close of business on the related Determination Date. With respect to each REO Property, which REO Property was acquired during or prior to the related Prepayment Period and as to which such REO Property an REO Disposition did not occur during the related Prepayment Period, an amount equal to the excess, if any, of the Monthly Payment (net of the related Servicing Fee) that would have been due on the related Due Date in respect of the related Mortgage Loan, over the net income from such REO Property deposited in the Collection Account pursuant to Section 3.23 for distribution on such Distribution Date.
 
By 2:00 p.m. (or, in the case of Wells Fargo, as Servicer, by 4:00 p.m. and in the case of Ameriquest by 3:00 p.m.) New York time on the Servicer Remittance Date, each Servicer shall remit in immediately available funds to the Trust Administrator for deposit in the Distribution Account an amount equal to the aggregate amount of P&I Advances, if any, to be made in respect of the Mortgage Loans for the related Distribution Date either (i) from its own funds or (ii) from the related Collection Account, to the extent of funds held therein for future distribution (in which case it will cause to be made an appropriate entry in the records of the Collection Account that amounts held for future distribution have been, as permitted by this Section 4.03, used by the related Servicer in discharge of any such P&I Advance) or (iii) in the form of any combination of (i) and (ii) aggregating the total amount of P&I Advances to be made by the related Servicer with respect to the Mortgage Loans. Any amounts held for future distribution used by a Servicer to make a P&I Advance as permitted in the preceding sentence shall be appropriately reflected in the related Servicer’s records and replaced by the related Servicer by deposit in the Collection Account on or before any future Servicer Remittance Date to the extent that the Available Distribution Amount for the related Distribution Date (determined without regard to P&I Advances to be made on the Servicer Remittance Date) shall be less than the total amount that would be distributed to the Certificateholders pursuant to Section 4.01 on such Distribution Date if such amounts held for future distributions had not been so used to make P&I Advances. The Trust Administrator will provide notice to the related Servicer no later than the close of business on the Business Day prior to the Distribution Date via email to the appropriate investor reporting contact of the Servicer (as well as the manager of the Servicer’s investor reporting group) in the event that the amount remitted by the related Servicer to the Trust Administrator on such date is less than the P&I Advances required to be made by the Servicer for the related Distribution Date.
 
(c)  The obligation of each Servicer to make such P&I Advances is mandatory, notwithstanding any other provision of this Agreement but subject to (d) below, and, with respect to any Mortgage Loan or REO Property, shall continue until a Final Recovery Determination in connection therewith or the removal thereof from the Trust Fund pursuant to any applicable provision of this Agreement, except as otherwise provided in this Section.
 
(d)  Notwithstanding anything herein to the contrary, no P&I Advance or Servicing Advance shall be required to be made hereunder by a Servicer if such P&I Advance or Servicing Advance would, if made, constitute a Nonrecoverable P&I Advance or Nonrecoverable Servicing Advance, respectively. The determination by a Servicer that it has made a Nonrecoverable P&I Advance or a Nonrecoverable Servicing Advance or that any proposed P&I Advance or Servicing Advance, if made, would constitute a Nonrecoverable P&I Advance or Nonrecoverable Servicing Advance, respectively, shall be evidenced by a certification of a Servicing Officer delivered to the Trust Administrator (whereupon, upon receipt of such certification, the Trust Administrator shall forward a copy of such certification to the Depositor, the Trustee and the Credit Risk Manager). Notwithstanding the foregoing, if following the application of Liquidation Proceeds on any Mortgage Loan that was the subject of a Final Recovery Determination, any Servicing Advance with respect to such Mortgage Loan shall remain unreimbursed to a Servicer, then without limiting the provisions of Section 3.11(a), a certification of a Servicing Officer regarding such Nonrecoverable Servicing Advance shall not be required to be delivered by the related Servicer to the Trust Administrator.
 
(e)  In the event any Servicer fails to make any P&I Advance or Servicing Advance required to be made by it pursuant to this Section 4.03 and such failure is not remedied within the applicable cure period pursuant to Section 7.01(a)(vii), then, pursuant to Section 7.01(a), such Servicer will be terminated, and, in accordance with Sections 7.01(a) and 7.02, the Master Servicer or (if the Master Servicer is such Servicer) the Trustee (in its respective capacity as successor servicer) or another successor servicer shall be required to make such P&I Advance or Servicing Advance on the Distribution Date with respect to which the Servicer was required to make such P&I Advance or Servicing Advance, subject to the Master Servicer’s or the Trustee’s (or other successor servicer’s) determination of recoverability. None of the Master Servicer, such Servicer or the Trustee (or other successor servicer) shall be required to make any P&I Advance or Servicing Advance to cover any Relief Act Interest Shortfall on any Mortgage Loan. If the Master Servicer (or other successor servicer) is required to make any P&I Advance or Servicing Advance, such P&I Advance or Servicing Advance may be made by it in the manner set forth above.
 
SECTION 4.04  
Allocation of Extraordinary Trust Fund Expenses and Realized Losses.
 
(a)  Prior to each Distribution Date, each Servicer shall determine as to each Mortgage Loan and REO Property: (i) the total amount of Realized Losses, if any, incurred in connection with any Final Recovery Determinations made during the related Prepayment Period; (ii) whether and the extent to which such Realized Losses constituted Bankruptcy Losses; and (iii) the respective portions of such Realized Losses allocable to interest and allocable to principal. Prior to each Distribution Date, each Servicer shall also determine as to each Mortgage Loan: (A) the total amount of Realized Losses, if any, incurred in connection with any Deficient Valuations made during the related Prepayment Period; and (B) the total amount of Realized Losses, if any, incurred in connection with Debt Service Reductions in respect of Monthly Payments due during the related Due Period. The information described in the two preceding sentences that is to be supplied by each Servicer shall be either included in the related Remittance Report (in form and format reasonably required and mutually agreed upon by Servicers and the Master Servicer) or evidenced by an Officers’ Certificate delivered to the Trust Administrator and the Trustee by the related Servicer prior to the Determination Date immediately following the end of (x) in the case of Bankruptcy Losses allocable to interest, the Due Period during which any such Realized Loss was incurred, and (y) in the case of all other Realized Losses, the Prepayment Period during which any such Realized Loss was incurred.
 
(b)  All Realized Losses on the Mortgage Loans shall be allocated by the Trust Administrator on each Distribution Date as follows: first, to the Interest Distribution Amount for the Class CE Certificates for the related Interest Accrual Period; second, to the Class CE Certificates, until the Certificate Principal Balance thereof has been reduced to zero; third, to the Class M-4 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fourth, to the Class M-3 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; fifth, to the Class M-2 Certificates, until the Certificate Principal Balance thereof has been reduced to zero; and sixth, to the Class M-1 Certificates, until the Certificate Principal Balance thereof has been reduced to zero.
 
All Realized Losses to be allocated to the Certificate Principal Balances of all Classes on any Distribution Date shall be so allocated after the actual distributions to be made on such date as provided above. All references above to the Certificate Principal Balance of any Class of Certificates shall be to the Certificate Principal Balance of such Class immediately prior to the relevant Distribution Date, before reduction thereof by any Realized Losses, in each case to be allocated to such Class of Certificates, on such Distribution Date.
 
Any allocation of Realized Losses to a Mezzanine Certificate on any Distribution Date shall be made by reducing the Certificate Principal Balance thereof by the amount so allocated and any allocation of Realized Losses to a Class CE Certificates shall be made by reducing the amount otherwise payable in respect thereof pursuant to Section 4.01(a)(3). No allocations of any Realized Losses shall be made to the Certificate Principal Balances of the Class A Certificates or the Class P Certificates.
 
(c)  All Realized Losses on the Mortgage Loans shall be allocated by the Trust Administrator on each Distribution Date to the following REMIC I Regular Interests in the specified percentages, as follows: first, to the Uncertificated Balances of REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTM4 and REMIC I Regular Interest I-LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Balance of REMIC I Regular Interest I-LTM4 has been reduced to zero; second, to the Uncertificated Balances of REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTM3 and REMIC I Regular Interest I-LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Balance of REMIC I Regular Interest I-LTM3 has been reduced to zero; third, to the Uncertificated Balances of REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTM2 and REMIC I Regular Interest I-LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Balance of REMIC I Regular Interest I-LTM2 has been reduced to zero and fourth, to the Uncertificated Balances of REMIC I Regular Interest I-LTAA, REMIC I Regular Interest I-LTM1 and REMIC I Regular Interest I-LTZZ, 98%, 1% and 1%, respectively, until the Uncertificated Balance of REMIC I Regular Interest I-LTM1 has been reduced to zero.
 
SECTION 4.05  
Compliance with Withholding Requirements.
 
Notwithstanding any other provision of this Agreement, the Trust Administrator shall comply with all federal withholding requirements respecting payments to Certificateholders of interest or original issue discount that the Trust Administrator reasonably believes are applicable under the Code. The consent of Certificateholders shall not be required for such withholding. In the event the Trust Administrator does withhold any amount from interest or original issue discount payments or advances thereof to any Certificateholder pursuant to federal withholding requirements, the Trust Administrator shall indicate the amount withheld to such Certificateholders.
 
SECTION 4.06  
Net WAC Rate Carryover Reserve Account.
 
(a)  No later than the Closing Date, the Trust Administrator shall establish and maintain a separate, segregated trust account titled, “Net WAC Rate Carryover Reserve Account, Wells Fargo Bank, N.A., as Trust Administrator, in trust for the registered holders of Citigroup Mortgage Loan Trust, Asset-Backed Pass-Through Certificates, Series 2006-FX1.”
 
(b)  On each Distribution Date, the Trust Administrator has been directed by the Class CE Certificateholders to, and therefore shall, deposit into the Net WAC Rate Carryover Reserve Account, any Net WAC Rate Carryover Amounts for such Distribution Date, rather than distributing such amounts to the Class CE Certificateholders. In addition, any payments received by the Trust Administrator under the Basis Risk Cap Agreements on each Distribution Date will be deposited into the Net WAC Rate Carryover Reserve Account. On each such Distribution Date, the Trust Administrator shall hold all such amounts for the benefit of the Holders of the Floating Rate Certificates and the Fixed Rate Certificates, and shall distribute the aggregate Net WAC Rate Carryover Amount, if any, for such Distribution Date from the Net WAC Rate Carryover Reserve Account to the Holders of the Floating Rate Certificates and the Fixed Rate Certificates in the amounts and priorities set forth in Section 4.01(g).
 
On each Distribution Date, after the payment of any Net WAC Rate Carryover Amounts on the Floating Rate Certificates and the Fixed Rate Certificates, any amounts remaining in the Net WAC Rate Carryover Reserve Account (solely to the extent of payments received by the Trust Administrator under the Basis Risk Cap Agreements), shall be payable to the Trust Administrator as additional compensation to it, subject to the immediately following paragraph. For so long as any Floating Rate Certificates are beneficially owned by the Depositor or any of its Affiliates, the Depositor shall refund or cause such Affiliate to refund any amounts paid to it under the Basis Risk Cap Agreements to the Trust Administrator who shall, pursuant to the terms of the Basis Risk Cap Agreements, return such amount to the counterparty thereunder.
 
(c)  It is the intention of the parties hereto that, for federal and state income and state and local franchise tax purposes, the Net WAC Rate Carryover Reserve Account be disregarded as an entity separate from the Holder of the Class CE Certificates unless and until the date when either (a) there is more than one Class CE Certificateholder or (b) any Class of Certificates in addition to the Class CE Certificates is recharacterized as an equity interest in the Net WAC Rate Carryover Reserve Account for federal income tax purposes, in which case it is the intention of the parties hereto that, for federal and state income and state and local franchise tax purposes, the Net WAC Rate Carryover Reserve Account be treated as a partnership. All amounts deposited into the Net WAC Rate Carryover Reserve Account (other than amounts received under the Basis Risk Cap Agreements) shall be treated as amounts distributed by REMIC II to the Holder of the Class CE Interest and by REMIC III to the Holder of the Class CE Certificates. The Net WAC Rate Carryover Reserve Account will be an “outside reserve fund” within the meaning of Treasury Regulation Section 1.860G-2(h). Upon the termination of the Trust Fund, or the payment in full of the Floating Rate Certificates and Fixed Rate Certificates, all amounts remaining on deposit in the Net WAC Rate Carryover Reserve Account shall be released by the Trust Fund and distributed to the Class CE Certificateholders or their designees. The Net WAC Rate Carryover Reserve Account shall be part of the Trust Fund but not part of any Trust REMIC and any payments to the Holders of the Floating Rate Certificates and the Fixed Rate Certificates of Net WAC Rate Carryover Amounts will not be payments with respect to a “regular interest” in a REMIC within the meaning of Code Section 860(G)(a)(1).
 
(d)  By accepting a Class CE Certificate, each Class CE Certificateholder hereby agrees to direct the Trust Administrator, and the Trust Administrator is hereby is directed, to deposit into the Net WAC Rate Carryover Reserve Account the amounts described above on each Distribution Date rather than distributing such amounts to the Class CE Certificateholders. By accepting a Class CE Certificate, each Class CE Certificateholder further agrees that such direction is given for good and valuable consideration, the receipt and sufficiency of which is acknowledged by such acceptance.
 
(e)  All amounts on deposit in the Net WAC Rate Carryover Reserve Account shall remain uninvested.
 
(f)  For federal tax return and information reporting, the value of the right of the holder of the Class A-1 Certificates to receive payments from the Net WAC Reserve Fund shall be $25,000, the value of the right of the holder of the Class A-2 Certificates to receive payments from the Net WAC Reserve Fund shall be $18,000, the value of the right of the holder of the Class A-3 Certificates to receive payments from the Net WAC Reserve Fund shall be $204,000 and the amount allocated to the right of the holders of the Fixed Rate Certificates (other than the Class A-1 Certificates, the Class A-2 Certificates and the Class A-3 Certificates) to receive payments from the Net WAC Reserve Fund in respect of any Net WAC Rate Carryover Amount shall be zero.
 
SECTION 4.07  
Exchange Commission Filings; Additional Information.
 
(a)  (i) Within 15 days after each Distribution Date (subject to permitted extensions under the Exchange Act), the Trust Administrator shall, in accordance with industry standards, prepare and file with the Commission via the Electronic Data Gathering and Retrieval System (“EDGAR”), a distribution report on Form 10-D, signed by the Master Servicer, with a copy of the Monthly Statement to be furnished by the Trust Administrator to the Certificateholders for such Distribution Date attached thereto. Any disclosure in addition to the Monthly Statement that is required to be included on Form 10-D (“Additional Form 10-D Disclosure”) shall be reported by the parties set forth on Exhibit B to the Depositor and the Trust Administrator and directed and approved by the Depositor pursuant to the following paragraph, and the Trust Administrator will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-D Disclosure, except as set forth in the next paragraph.
 
(ii) As set forth on Exhibit B hereto, within 5 calendar days after the related Distribution Date, (i) the parties described on Exhibit B shall be required to provide to the Trust Administrator and to the Depositor, to the extent known by a Responsible Officer thereof, in EDGAR-compatible format, or in such other format as otherwise agreed upon by the Trust Administrator and such party, the form and substance of any Additional Form 10-D Disclosure, if applicable, together with an Additional Disclosure Notification in the form of Exhibit K hereto and (ii) the Depositor will approve, as to form and substance, or disapprove, as the case may be, the inclusion of the Additional Form 10-D Disclosure on Form 10-D. The Trust Administrator has no duty under this Agreement to monitor or enforce the performance by the other parties listed on Exhibit B of their duties under this paragraph or proactively solicit or procure from such other parties any Additional Form 10-D Disclosure information. The Depositor will be responsible for any reasonable fees and expenses assessed or incurred by the Trust Administrator in connection with including any Additional Form 10-D Disclosure on Form 10-D pursuant to this paragraph.
 
Form 10-D requires the registrant to indicate (by checking “yes” or “no”) that it “(1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.” The Depositor hereby represents to the Trust Administrator that the Depositor has filed all such required reports during the preceding 12 months and that it has been subject to such filing requirement for the past 90 days. The Depositor shall notify the Trust Administrator in writing, no later than the fifth calendar day after the related Distribution Date with respect to the filing of a report on Form 10-D, if the answer to either question should be “no.” The Trust Administrator shall be entitled to rely on such representations in preparing, executing and/or filing any such report.
 
After preparing the Form 10-D, the Trust Administrator shall forward electronically a copy of the Form 10-D to the Depositor (provided that such Form 10-D includes any Additional Form 10-D Disclosure). Within two Business Days after receipt of such copy, but no later than the 12th calendar day after the Distribution Date, the Depositor shall notify the Trust Administrator in writing (which may be furnished electronically) of any changes to or approval of such Form 10-D. In the absence of receipt of any written changes or approval, the Trust Administrator shall be entitled to assume that such Form 10-D is in final form and the Trust Administrator may proceed with the process for execution and filing of the Form 10-D. A duly authorized representative of the Master Servicer shall sign each Form 10-D. If a Form 10-D cannot be filed on time or if a previously filed Form 10-D needs to be amended, the Trust Administrator will follow the procedures set forth in Section 4.09(a)(vi). Promptly (but no later than one Business Day) after filing with the Commission, the Trust Administrator will make available on its internet website a final executed copy of each Form 10-D filed by the Trust Administrator. Each party to this Agreement acknowledges that the performance by each of the Master Servicer and the Trust Administrator of its duties under this Section 4.09(a)(ii) related to the timely preparation, execution and filing of Form 10-D is contingent upon such parties strictly observing all applicable deadlines in the performance of their duties under this Section 4.09(a)(ii). The Depositor acknowledges that the performance by each of the Master Servicer and the Trust Administrator of its respective duties under this Section 4.09(a)(ii) related to the preparation and execution of Form 10-D is also contingent upon the Servicer, the Custodian and any Servicing Function Participant strictly observing deadlines no later than those set forth in this paragraph that are applicable to the parties to this Agreement in the delivery to the Trust Administrator of any necessary Additional Form 10-D Disclosure. Neither the Master Servicer nor the Trust Administrator shall have any liability for any loss, expense, damage or claim arising out of or with respect to any failure to properly prepare or execute and/or timely file such Form 10-D, where such failure results from the Trust Administrator’s inability or failure to obtain or receive, on a timely basis, any information from any other party hereto or any Servicing Function Participant needed to prepare, arrange for execution or file such Form 10-D, not resulting from its own negligence, bad faith or willful misconduct. Notwithstanding anything contained herein, the Trust Administrator shall promptly notify the Depositor if a Form 10-D cannot be timely filed prior to the related filing deadline.
 
(iii) Within four (4) Business Days after the occurrence of an event requiring disclosure on Form 8-K (each such event, a “Reportable Event”), and if requested by the Depositor, the Trust Administrator shall prepare and file on behalf of the Trust a Form 8-K, as required by the Exchange Act, provided that the Depositor shall file the initial Form 8-K in connection with the issuance of the Certificates. Any disclosure or information related to a Reportable Event or that is otherwise required to be included on Form 8-K (other than the initial Form 8-K) (“Form 8-K Disclosure Information”) shall be reported by the parties set forth on Exhibit B and, pursuant to the following paragraph, directed and approved by the Depositor, and the Trust Administrator will have no duty or liability for any failure hereunder to determine or prepare any Form 8-K Disclosure Information or Form 8-K, except as set forth in the next paragraph.
 
As set forth on Exhibit B hereto, for so long as the Trust is subject to the Exchange Act reporting requirements, no later than close of business (New York City time) on the 2nd Business Day after the occurrence of a Reportable Event (i) the parties set forth on Exhibit B shall be required pursuant to Section 4.09(a)(v) below to provide to the Trust Administrator and the Depositor, to the extent known by a Responsible Officer thereof, in EDGAR-compatible format, or in such other format as otherwise agreed upon by the Trust Administrator, the Depositor and such party, the form and substance of any Form 8-K Disclosure Information, if applicable, together with an Additional Disclosure Notification and (ii) the Depositor will approve, as to form and substance, or disapprove, as the case may be, the inclusion of the Form 8-K Disclosure Information on Form 8-K. The Depositor will be responsible for any reasonable fees and expenses assessed or incurred by the Trust Administrator in connection with including any Form 8-K Disclosure Information on Form 8-K pursuant to this Section.
 
After preparing the Form 8-K, the Trust Administrator shall forward electronically a copy of the Form 8-K to the Depositor. Promptly, but no later than the close of business on the third Business Day after the Reportable Event, the Depositor shall notify the Trust Administrator in writing (which may be furnished electronically) of any changes to or approval of such Form 8-K. In the absence of receipt of any written changes or approval, the Trust Administrator shall be entitled to assume that such Form 8-K is in final form and the Trust Administrator may proceed with the process for execution and filing of the Form 8-K. A duly authorized representative of the Master Servicer shall sign each Form 8-K. If a Form 8-K cannot be filed on time or if a previously filed Form 8-K needs to be amended, the Trust Administrator will follow the procedures set forth in Section 4.09(a)(vi). Promptly (but no later than one Business Day) after filing with the Commission, the Trust Administrator will make available on its internet website a final executed copy of each Form 8-K filed by the Trust Administrator. The parties to this Agreement acknowledge that the performance by each of the Master Servicer and the Trust Administrator of its duties under this Section 4.09(a)(iii) related to the timely preparation, execution and filing of Form 8-K is contingent upon such parties strictly observing all applicable deadlines in the performance of their duties under this Section 4.09(a)(iii). The Depositor acknowledges that the performance by each of the Master Servicer and the Trust Administrator of its duties under this Section 4.09(a)(iii) related to the preparation, execution and filing of Form 8-K is also contingent upon each Servicer, the Custodian and any Servicing Function Participant strictly observing deadlines no later than those set forth in this paragraph or in the Custodial Agreement, that are applicable to the parties to this Agreement or in the Custodial Agreement in the delivery to the Trust Administrator of any necessary Form 8-K Disclosure Information. Neither the Master Servicer nor the Trust Administrator shall have any liability for any loss, expense, damage or claim arising out of or with respect to any failure to properly prepare, execute or timely file such Form 8-K, where such failure results from the Trust Administrator’s inability or failure to obtain or receive, on a timely basis, any information from any Servicer, the Custodian or any Servicing Function Participant (other than any Servicing Function Participant engaged by the Master Servicer or Trust Administrator) needed to prepare, arrange for execution or file such Form 8-K, not resulting from its own negligence, bad faith or willful misconduct. Notwithstanding anything contained herein, the Trust Administrator shall promptly notify the Depositor if a Form 8-K cannot be timely filed prior to the related filing deadline.
 
(iv)  On or prior to the 90th day after the end of each fiscal year of the Trust or such earlier date as may be required by the Exchange Act (the “10-K Filing Deadline”) (it being understood that the fiscal year for the Trust ends on December 31st of each year), commencing in March 2007, the Trust Administrator shall prepare and file on behalf of the Trust a Form 10-K, in form and substance as required by the Exchange Act. Each such Form 10-K shall include the following items, in each case to the extent they have been delivered to the Trust Administrator within the applicable time frames set forth in this Agreement:
 
(a) an annual compliance statement for each Servicer, the Master Servicer, the Trust Administrator and any Servicing Function Participant engaged by such parties (each, a “Reporting Servicer”) as described under Section 3.20 of this Agreement, provided, however, that the Trust Administrator, at its discretion, may omit from the Form 10-K any annual compliance statement that is not required to be filed with such Form 10-K pursuant to Regulation AB;
 
(b) (A) the annual reports on assessment of compliance with Servicing Criteria for each Reporting Servicer, as described under Section 3.21 of this Agreement and (B) if each Reporting Servicer’s report on assessment of compliance with Servicing Criteria identifies any material instance of noncompliance, disclosure identifying such instance of noncompliance, or if each Reporting Servicer’s report on assessment of compliance with Servicing Criteria is not included as an exhibit to such Form 10-K, disclosure that such report is not included and an explanation why such report is not included, provided, however, that the Trust Administrator, at its discretion, may omit from the Form 10-K any assessment of compliance or attestation report described in clause (c) below that is not required to be filed with such Form 10-K pursuant to Regulation AB;
 
(c) (A) the registered public accounting firm attestation report for each Reporting Servicer, as described under Section 3.21 of this Agreement and (B) if any registered public accounting firm attestation report identifies any material instance of noncompliance, disclosure identifying such instance of noncompliance, or if any such registered public accounting firm attestation report is not included as an exhibit to such Form 10-K, disclosure that such report is not included and an explanation why such report is not included; and
 
(d) a Sarbanes-Oxley Certification as described in this Section 4.09(a)(iv).
 
Any disclosure or information in addition to (a) through (d) above that is required to be included on Form 10-K (“Additional Form 10-K Disclosure”) shall be reported by the parties set forth on Exhibit B to the Depositor and the Trust Administrator and directed and approved by the Depositor pursuant to the following paragraph, and the Trust Administrator will have no duty or liability for any failure hereunder to determine or prepare any Additional Form 10-K Disclosure, except as set forth in the next paragraph.
 
As set forth on Exhibit B hereto, no later than March 15th (with no cure period) of each year that the Trust is subject to the Exchange Act reporting requirements, commencing in 2007, (i) the parties described on Exhibit B shall be required to provide to the Trust Administrator and to the Depositor, to the extent known by a Responsible Officer thereof, in EDGAR-compatible format, or in such other format as otherwise agreed upon by the Trust Administrator and such party, the form and substance of any Additional Form 10-K Disclosure, if applicable, together with an Additional Disclosure Notification, and (ii) the Depositor will approve, as to form and substance, or disapprove, as the case may be, the inclusion of the Additional Form 10-K Disclosure on Form 10-K. The Trust Administrator has no duty under this Agreement to monitor or enforce the performance by the other parties listed on Exhibit B of their duties under this paragraph or proactively solicit or procure from such other parties any Additional Form 10-K Disclosure information. The Depositor will be responsible for any reasonable fees and expenses assessed or incurred by the Trust Administrator in connection with including any Additional Form 10-K Disclosure on Form 10-K pursuant to this paragraph.
 
Form 10-K requires the registrant to indicate (by checking “yes” or “no”) that it “(1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.” The Depositor hereby represents to the Trust Administrator that the Depositor has filed all such required reports during the preceding 12 months and that it has been subject to such filing requirement for the past 90 days. The Depositor shall notify the Trust Administrator in writing, no later than March 15th with respect to the filing of a report on Form 10-K, if the answer to either question should be “no.” The Trust Administrator shall be entitled to rely on such representations in preparing, executing and/or filing any such report.
 
After preparing the Form 10-K, the Trust Administrator shall forward electronically a copy of the Form 10-K to the Depositor. Within three Business Days after receipt of such copy, but no later than March 25th, the Depositor shall notify the Trust Administrator in writing (which may be furnished electronically) of any changes to or approval of such Form 10-K. In the absence of receipt of any written changes or approval, the Trust Administrator shall be entitled to assume that such Form 10-K is in final form, and the Trust Administrator may proceed with the process for execution and filing of the Form 10-K. A senior officer of the Depositor in charge of the securitization shall sign the Form 10-K. If a Form 10-K cannot be filed on time or if a previously filed Form 10-K needs to be amended, the Trust Administrator will follow the procedures set forth in Section 4.09(a)(vi). Promptly (but no later than one Business Day) after filing with the Commission, the Trust Administrator will make available on its internet website a final executed copy of each Form 10-K filed by the Trust Administrator. Notwithstanding the foregoing, if by the second Business Day prior to the 10-K Filing Deadline, the Trust Administrator determines that it will be unable to file the Form 10-K by the 10-K Filing Deadline, the Trust Administrator will deliver the Form 10-K and each of the items set forth in (iv)(a) through (d) above to the Depositor for filing. The Trust Administrator will then be relieved of any of its obligations to prepare and file such Form 10-K and the Trust Administrator shall not be liable if such Form 10-K is not filed by the 10-K Filing Deadline. The parties to this Agreement acknowledge that the performance by each of the Master Servicer and the Trust Administrator of its duties under this Section 4.09(a)(iv) related to the timely preparation, execution and filing of Form 10-K is contingent upon such parties strictly observing all applicable deadlines in the performance of their duties under this Section 4.09(a)(iv), Section 3.20 and Section 3.21. The Depositor acknowledges that the performance by each of the Master Servicer and the Trust Administrator of its duties under this Section 4.09(a)(iv) related to the timely preparation and execution of Form 10-K is also contingent upon each Servicer, the Custodian (if a party to this Agreement) and any Servicing Function Participant strictly observing deadlines no later than those set forth in this paragraph that are applicable to the parties to this Agreement in the delivery to the Trust Administrator of any necessary Additional Form 10-K Disclosure, any annual statement of compliance and any assessment of compliance and attestation pursuant to this Agreement, the Custodial Agreement or any other applicable agreement. Neither the Master Servicer nor the Trust Administrator shall have any liability for any loss, expense, damage or claim arising out of or with respect to any failure to properly prepare, execute and/or timely file such Form 10-K, where such failure results from the Trust Administrator’s inability or failure to obtain or receive, on a timely basis, any information from the Servicer, the Custodian or any Servicing Function Participant needed to prepare, arrange for execution or file such Form 10-K, not resulting from its own negligence, bad faith or willful misconduct. Notwithstanding anything contained herein, the Trust Administrator shall promptly notify the Depositor if a Form 10-K cannot be timely filed prior to the related filing deadline.
 
Each Form 10-K shall include a Sarbanes-Oxley Certification, exactly as set forth in Exhibit H-1 attached hereto, required to be included therewith pursuant to the Sarbanes-Oxley Act. Each Servicer, the Master Servicer and the Trust Administrator shall provide, and each such party shall cause any Servicing Function Participant engaged by it to provide, to the Person who signs the Sarbanes-Oxley Certification (the “Certifying Person”), by March 15th (with no cure period) of each year in which the Trust is subject to the reporting requirements of the Exchange Act and otherwise within a reasonable period of time upon request, a certification (each, a “Back-Up Certification”), in the form attached hereto as Exhibit H-2, upon which the Certifying Person, the entity for which the Certifying Person acts as an officer, and such entity’s officers, directors and Affiliates (collectively with the Certifying Person, “Certification Parties”) can reasonably rely. The senior officer of the Depositor in charge of the securitization shall serve as the Certifying Person on behalf of the Trust. Such officer of the Certifying Person can be contacted by e-mail at cts.sec.notifications@wellsfargo.com or by facsimile at 410-715-2380. In the event any such party or any Servicing Function Participant engaged by such party is terminated or resigns pursuant to the terms of this Agreement, or any applicable sub-servicing agreement, as the case may be, such party shall provide a Back-Up Certification to the Certifying Person pursuant to this Section 4.09 (a)(iv) with respect to the period of time it was subject to this Agreement or any applicable sub-servicing agreement, as the case may be. Notwithstanding the foregoing, (i) the Master Servicer and the Trust Administrator shall not be required to deliver a Back-Up Certification to each other if both are the same Person and the Master Servicer is the Certifying Person and (ii) the Master Servicer shall not be obligated to sign the Sarbanes-Oxley Certification in the event that it does not receive any Back-Up Certification required to be furnished to it pursuant to this section or any Servicing Agreement.
 
(v) With respect to any Additional Form 10-D Disclosure, Additional Form 10-K Disclosure or any Form 8-K Disclosure Information (collectively, the “Additional Disclosure”) relating to the Trust Fund, the Trust Administrator’s obligation to include such Additional Information in the applicable Exchange Act report is subject to its receipt of such information from the entity that is indicated in Exhibit B as the responsible party for providing such information, if other than the Trust Administrator, as and when required as described in Section 4.09(a)(ii) through (iv) above. Each of the Master Servicer, such Servicer and the Depositor hereby agree to notify and to provide, to the extent known, to the Trust Administrator and the Depositor, all Additional Disclosure relating to the Trust Fund, with respect to which such party is the responsible party for providing that information, as indicated in Exhibit B hereof. Each Servicer shall be responsible for determining the pool concentration applicable to any Sub-Servicer or Originator at any time, for purposes of disclosure as required by Items 1108 and 1110 of Regulation AB.
 
(vi) On or prior to January 30 of the first year in which the Trust Administrator is able to do so under applicable law, the Trust Administrator shall prepare and file a Form 15 Suspension Notification relating to the automatic suspension of reporting in respect of the Trust under the Exchange Act.
 
In the event that the Trust Administrator is unable to timely file with the Commission all or any required portion of any Form 8-K, Form 10-D or Form 10-K required to be filed pursuant to this Agreement because required disclosure information was either not delivered to it or was delivered to it after the delivery deadlines set forth in this Agreement or for any other reason, the Trust Administrator will promptly electronically notify the Depositor. In the case of Form 10-D and Form 10-K, the parties to this Agreement will cooperate to prepare and file a Form 12b-25 and a Form 10-D/A and Form 10-K/A as applicable, pursuant to Rule 12b-25 of the Exchange Act. In the case of Form 8-K, the Trust Administrator will, upon receipt of all required Form 8-K Disclosure Information and upon the approval and direction of the Depositor, include such disclosure information on the next Form 10-D. In the event that any previously filed Form 8-K, Form 10-D or Form 10-K needs to be amended in connection with any Additional Form 10-D Disclosure (other than, in the case of Form 10-D, for the purpose of restating any Monthly Statement), Additional Form 10-K Disclosure or Form 8-K Disclosure Information, the Trust Administrator will electronically notify the Depositor and such other parties to the transaction as are affected by such amendment, and such parties will cooperate to prepare any necessary Form 8-K/A, Form 10-D/A or Form 10-K/A. Any Form 15, Form 12b-25 (filed not in relation to Form 10-K or any amendment to Form 10-K) or any amendment to Form 8-K or Form 10-D shall be signed by a duly authorized representative, or senior officer in charge of master servicing, as applicable, of the Master Servicer. Any amendment to Form 10-K or Form 12b-25 filed in relation to Form 10-K or amendment to Form 10-K shall be signed by a duly authorized representative, or senior officer of the Depositor in charge of the securitization. The parties to this Agreement acknowledge that the performance by each of the Master Servicer and the Trust Administrator of its duties under this Section 4.09(a)(vi) related to the timely preparation, execution and filing of Form 15, a Form 12b-25 or any amendment to Form 8-K, Form 10-D or Form 10-K is contingent upon each such party performing its duties under this Section. Neither the Master Servicer nor the Trust Administrator shall have any liability for any loss, expense, damage or claim arising out of or with respect to any failure to properly prepare, execute and/or timely file any such Form 15, Form 12b-25 or any amendments to Form 8-K, Form 10-D or Form 10-K, where such failure results from the Trust Administrator’s inability or failure to obtain or receive, on a timely basis, any information from the Servicer, the Custodian or any Servicing Function Participant needed to prepare, arrange for execution or file such Form 15, Form 12b-25 or any amendments to Form 8-K, Form 10-D or Form 10-K, not resulting from its own negligence, bad faith or willful misconduct.
 
The Depositor agrees to promptly furnish to the Trust Administrator, from time to time upon request, such further information, reports and financial statements within its control related to this Agreement, and the Mortgage Loans as the Trust Administrator reasonably deems appropriate to prepare and file all necessary reports with the Commission. The Trust Administrator shall have no responsibility to file any items other than those specified in this Section 4.09; provided, however, the Trust Administrator will cooperate with the Depositor in connection with any additional filings with respect to the Trust Fund as the Depositor deems necessary under the Exchange Act. Fees and expenses incurred by the Trust Administrator in connection with this Section 4.09 shall not be reimbursable from the Trust Fund.
 
(b)  The Trust Administrator shall indemnify and hold harmless the Depositor, each Servicer and its officers, directors and affiliates from and against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon (i) a breach of the Trust Administrator’s obligations under this Section 4.09 or the Trust Administrator’s negligence, bad faith or willful misconduct in connection therewith or (ii) any material misstatement or omission in the Annual Statement of Compliance and the Assessment of Compliance delivered by the Trust Administrator pursuant to Section 3.20 and Section 3.21.
 
The Depositor shall indemnify and hold harmless the Trust Administrator, the Master Servicer, each Servicer and their respective officers, directors and affiliates from and against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon a breach of the obligations of the Depositor under this Section 4.09 or the Depositor’s negligence, bad faith or willful misconduct in connection therewith.
 
The Master Servicer shall indemnify and hold harmless the Trust Administrator, the Depositor, each Servicer and their respective officers, directors and affiliates from and against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon (i) a breach of the obligations of the Master Servicer under this Section 4.07 or the Master Servicer’s negligence, bad faith or willful misconduct in connection therewith or (ii) any material misstatement or omission in the Statement as to Compliance delivered by the Master Servicer pursuant to Section 3.20 or the Assessment of Compliance delivered by the Master Servicer pursuant to Section 3.21.
 
The Servicers shall indemnify and hold harmless the Master Servicer, Trust Administrator and the Depositor and their respective officers, directors and affiliates from and against any losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments and other costs and expenses arising out of or based upon (i) a breach of the obligations of the Servicer under this Section 4.09 and (ii) any material misstatement or omission in the Annual Statement of Compliance delivered by the Servicer pursuant to Section 3.20 or the Assessment of Compliance delivered by the Servicer pursuant to Section 3.21.
 
Notwithstanding the provisions set forth in this Agreement, no Servicer shall be obligated to provide any indemnification or reimbursement hereunder to any other party for any losses, damages, penalties, fines, forfeitures, legal fees and expenses and related costs, judgments, and any other costs, fees and expenses that any of them may sustain which are indirect, consequential, punitive or special in nature.
 
If the indemnification provided for herein is unavailable or insufficient to hold harmless the Depositor, the Master Servicer or the Trust Administrator, as applicable, then the defaulting party, in connection with a breach of its respective obligations under this Section 4.09 or its respective negligence, bad faith or willful misconduct in connection therewith, agrees that it shall contribute to the amount paid or payable by the other parties as a result of the losses, claims, damages or liabilities of the other party in such proportion as is appropriate to reflect the relative fault and the relative benefit of the respective parties.
 
(c)  Nothing shall be construed from the foregoing subsections (a) and (b) to require the Trust Administrator or any officer, director or Affiliate thereof to sign any Form 10-K or any certification contained therein. Furthermore, the inability of the Trust Administrator to file a Form 10-K as a result of the lack of required information as set forth in Section 4.09(a) or required signatures on such Form 10-K or any certification contained therein shall not be regarded as a breach by the Trust Administrator of any obligation under this Agreement.
 
(d)  Notwithstanding the provisions of Section 11.01, this Section 4.09 may be amended without the consent of the Certificateholders.
 
SECTION 4.08  
Early Termination of the Basis Risk Cap Agreements.
 
Upon an early termination of any of the Basis Risk Cap Agreements other than in connection with the optional termination of the Trust pursuant to Section 9.01, the Depositor hereby directs the Trust Administrator to use reasonable efforts to appoint a successor basis risk cap provider. The Trust Administrator will apply any termination payment received under such Basis Risk Cap Agreement received from the original Basis Risk Cap Provider in connection with such early termination of such Basis Risk Cap Agreement to the upfront payment required to appoint a successor basis risk cap provider. If the Trust Administrator is unable to appoint a successor basis risk cap provider within 30 days of the termination payment received under the related Basis Risk Cap Agreement, then the Trust Administrator will establish, and will deposit any termination payment received under such Basis Risk Cap Agreement from the original Basis Risk Cap Provider into, a separate, non-interest bearing reserve account (a “Basis Risk Cap Termination Reserve Account”) and will, on each subsequent Distribution Date, withdraw from the amount then remaining on deposit in the Basis Risk Cap Termination Reserve Account an amount equal to the payment, if any, that would have been paid to the Trust Administrator by the original Basis Risk Cap Provider calculated in accordance with the terms of the original Basis Risk Cap Agreement, and distribute such amount in accordance with Section 4.06.
 
Upon an early termination of any of the Basis Risk Cap Agreements in connection with the optional termination of the trust, if the Trust Administrator receives a termination payment under any of the Basis Risk Cap Agreements from the Basis Risk Cap Provider, such termination payment shall be distributed in accordance with the terms of Section 4.06.
 

 
ARTICLE V
 
THE CERTIFICATES
 
SECTION 5.01  
The Certificates.
 
(a)  The Certificates in the aggregate will represent the entire beneficial ownership interest in the Mortgage Loans and all other assets included in the Trust Fund. At the Closing Date, the aggregate Certificate Principal Balance of the Certificates will equal the aggregate Stated Principal Balance of the Mortgage Loans.
 
The Certificates will be substantially in the forms annexed hereto as Exhibits A-1 through A-19. The Certificates of each Class will be issuable in registered form only, in denominations of authorized Percentage Interests as described in the definition thereof. Each Certificate will share ratably in all rights of the related Class.
 
Upon original issue, the Certificates shall be executed, authenticated and delivered by the Trust Administrator to or upon the order of the Depositor. The Certificates shall be executed and attested by manual or facsimile signature on behalf of the Trust Administrator by an authorized signatory. Certificates bearing the manual or facsimile signatures of individuals who were at any time the proper officers of the Trust Administrator shall bind the Trust Administrator, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the execution, authentication and delivery of such Certificates or did not hold such offices at the date of such Certificates. No Certificate shall be entitled to any benefit under this Agreement or be valid for any purpose, unless there appears on such Certificate a certificate of authentication substantially in the form provided herein executed by the Trust Administrator by manual signature, and such certificate of authentication shall be conclusive evidence, and the only evidence, that such Certificate has been duly authenticated and delivered hereunder. All Certificates shall be dated the date of their authentication.
 
(b)  The Book-Entry Certificates shall initially be issued as one or more Certificates held by Book-Entry Custodian or, if appointed to hold such Certificates as provided below, the Depository and registered in the name of the Depository or its nominee and, except as provided below, registration of such Certificates may not be transferred by the Trust Administrator except to another Depository that agrees to hold such Certificates for the respective Certificate Owners with Ownership Interests therein. The Certificate Owners shall hold their respective Ownership Interests in and to such Certificates through the book-entry facilities of the Depository and, except as provided below, shall not be entitled to definitive, fully registered Certificates (“Definitive Certificates”) in respect of such Ownership Interests. All transfers by Certificate Owners of their respective Ownership Interests in the Book-Entry Certificates shall be made in accordance with the procedures established by the Depository Participant or brokerage firm representing such Certificate Owner. Each Depository Participant shall only transfer the Ownership Interests in the Book-Entry Certificates of Certificate Owners it represents or of brokerage firms for which it acts as agent in accordance with the Depository’s normal procedures. The Trust Administrator is hereby initially appointed as the Book-Entry Custodian and hereby agrees to act as such in accordance herewith and in accordance with the agreement that it has with the Depository authorizing it to act as such. The Book-Entry Custodian may, and if it is no longer qualified to act as such, the Book-Entry Custodian shall, appoint, by a written instrument delivered to the Depositor, the Servicers, the Master Servicer and the Trust Administrator, any other transfer agent (including the Depository or any successor Depository) to act as Book-Entry Custodian under such conditions as the predecessor Book-Entry Custodian and the Depository or any successor Depository may prescribe, provided that the predecessor Book-Entry Custodian shall not be relieved of any of its duties or responsibilities by reason of any such appointment of other than the Depository. If the Trust Administrator resigns or is removed in accordance with the terms hereof, the successor trust administrator or, if it so elects, the Depository shall immediately succeed to its predecessor’s duties as Book-Entry Custodian. The Depositor shall have the right to inspect, and to obtain copies of, any Certificates held as Book-Entry Certificates by the Book-Entry Custodian.
 
The Trustee, the Trust Administrator, the Master Servicer, the Servicers and the Depositor may for all purposes (including the making of payments due on the Book-Entry Certificates) deal with the Depository as the authorized representative of the Certificate Owners with respect to the Book-Entry Certificates for the purposes of exercising the rights of Certificateholders hereunder. The rights of Certificate Owners with respect to the Book-Entry Certificates shall be limited to those established by law and agreements between such Certificate Owners and the Depository Participants and brokerage firms representing such Certificate Owners. Multiple requests and directions from, and votes of, the Depository as Holder of the Book-Entry Certificates with respect to any particular matter shall not be deemed inconsistent if they are made with respect to different Certificate Owners. The Trust Administrator may establish a reasonable record date in connection with solicitations of consents from or voting by Certificateholders and shall give notice to the Depository of such record date.
 
If (i)(A) the Depositor advises the Trust Administrator in writing that the Depository is no longer willing or able to properly discharge its responsibilities as Depository, and (B) the Depositor is unable to locate a qualified successor or (ii) after the occurrence of a Servicer Event of Default or Master Servicer Event of Default, Certificate Owners representing in the aggregate not less than 51% of the Ownership Interests of the Book-Entry Certificates advise the Trust Administrator through the Depository, in writing, that the continuation of a book-entry system through the Depository is no longer in the best interests of the Certificate Owners, the Trust Administrator shall notify all Certificate Owners, through the Depository, of the occurrence of any such event and of the availability of Definitive Certificates to Certificate Owners requesting the same. Upon surrender to the Trust Administrator of the Book-Entry Certificates by the Book-Entry Custodian or the Depository, as applicable, accompanied by registration instructions from the Depository for registration of transfer, the Trust Administrator shall issue the Definitive Certificates. Such Definitive Certificates will be issued in minimum denominations of $25,000, except that any beneficial ownership that was represented by a Book-Entry Certificate in an amount less than $25,000 immediately prior to the issuance of a Definitive Certificate shall be issued in a minimum denomination equal to the amount represented by such Book-Entry Certificate. None of the Depositor, the Servicers, the Master Servicer, the Trust Administrator or the Trustee shall be liable for any delay in the delivery of such instructions and may conclusively rely on, and shall be protected in relying on, such instructions. Upon the issuance of Definitive Certificates all references herein to obligations imposed upon or to be performed by the Depository shall be deemed to be imposed upon and performed by the Trust Administrator, to the extent applicable with respect to such Definitive Certificates, and the Trust Administrator shall recognize the Holders of the Definitive Certificates as Certificateholders hereunder.
 
SECTION 5.02  
Registration of Transfer and Exchange of Certificates.
 
(a)  The Trust Administrator shall cause to be kept at one of the offices or agencies to be appointed by the Trust Administrator in accordance with the provisions of Section 8.12 a Certificate Register for the Certificates in which, subject to such reasonable regulations as it may prescribe, the Trust Administrator shall provide for the registration of Certificates and of transfers and exchanges of Certificates as herein provided.
 
(b)  No transfer of any Class CE, Class P or Residual Certificate shall be made unless that transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “1933 Act”), and effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification. In the event that such a transfer of a Class CE, Class P or Residual Certificate is to be made without registration or qualification (other than in connection with (i) the initial transfer of any such Certificate by the Depositor to an Affiliate of the Depositor or, in the case of the Residual Certificates, the first transfer by an Affiliate of the Depositor, (ii) the transfer of any such Class CE, Class P or Residual Certificate to the issuer under the Indenture or the indenture trustee or indenture trustee administrator under the Indenture or (iii) a transfer of any such Class CE, Class P or Residual Certificate from the issuer under the Indenture or the indenture trustee or indenture trustee administrator under the Indenture to the Depositor or an Affiliate of the Depositor), the Trust Administrator shall require receipt of: (i) if such transfer is purportedly being made in reliance upon Rule 144A under the 1933 Act, written certifications from the Certificateholder desiring to effect the transfer and from such Certificateholder’s prospective transferee, substantially in the forms attached hereto as Exhibit F-1; and (ii) in all other cases, an Opinion of Counsel satisfactory to it that such transfer may be made without such registration (which Opinion of Counsel shall not be an expense of the Trust Fund or of the Depositor, the Trustee, the Master Servicer, the Trust Administrator, the Servicers, in its capacity as such, or any Sub-Servicer), together with copies of the written certification(s) of the Certificateholder desiring to effect the transfer and/or such Certificateholder’s prospective transferee upon which such Opinion of Counsel is based, if any. None of the Depositor, the Master Servicer, the Trust Administrator or the Trustee is obligated to register or qualify any such Certificates under the 1933 Act or any other securities laws or to take any action not otherwise required under this Agreement to permit the transfer of such Certificates without registration or qualification. Any Certificateholder desiring to effect the transfer of any such Certificate shall, and does hereby agree to, indemnify the Trustee, the Master Servicer, the Trust Administrator, the Depositor and the Servicers against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
Notwithstanding the foregoing, in the event of any such transfer of any Ownership Interest in any Class CE, Class P or Residual Certificate that is a Book-Entry Certificate, except with respect to the initial transfer of any such Ownership Interest by the Depositor, such transfer shall be required to be made in reliance upon Rule 144A under the 1933 Act, and the transferee will be deemed to have made each of the transferee representations and warranties set forth Exhibit F-1 hereto in respect of such interest as if it was evidenced by a Definitive Certificate. The Certificate Owner of any such Ownership Interest in any such Book-Entry Certificate desiring to effect such transfer shall, and does hereby agree to, indemnify the Trust Administrator and the Depositor against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
Notwithstanding the foregoing, no certification or Opinion of Counsel described in this Section 5.02(b) will be required in connection with the transfer, on the Closing Date, of any Residual Certificate by the Depositor to an “accredited investor” within the meaning of Rule 501(d) of the 1933 Act.
 
No transfer of a Class CE Certificate, Class P Certificate or Residual Certificate or any interest therein shall be made to any Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person acquiring such Certificates with “Plan Assets” of a Plan within the meaning of the Department of Labor regulation promulgated at 29 C.F.R.§ 2510.3-101, as modified by Section 3(42) of ERISA, (“Plan Assets”), as certified by such transferee in the form of Exhibit G, unless, (i) the Trust Administrator is provided with an Opinion of Counsel on which the Trust Administrator, the Master Servicer, the Depositor, the Trustee and the Servicers may rely, to the effect that the purchase of such Certificates is permissible under ERISA and the Code, will not constitute or result in any non-exempt prohibited transaction under ERISA or Section 4975 of the Code and will not subject the Depositor, the Servicers, the Trustee, the Master Servicer, the Trust Administrator or the Trust Fund to any obligation or liability (including obligations or liabilities under ERISA or Section 4975 of the Code) in addition to those undertaken in this Agreement, which Opinion of Counsel shall not be an expense of the Depositor, the Servicers, the Master Servicer, the Trustee, the Trust Administrator or the Trust Fund. Neither a certification nor an Opinion of Counsel will be required in connection with (i) the initial transfer of any such Certificate by the Depositor to an Affiliate of the Depositor or, in the case of the Residual Certificates, the first transfer by an Affiliate of the Depositor, (ii) the transfer of any such Class CE, Class P or Residual Certificate to the issuer under the Indenture or the indenture trustee under the Indenture or (iii) a transfer of any such Class CE, Class P or Residual Certificate from the issuer under the Indenture or the indenture trustee under the Indenture to the Depositor or an Affiliate of the Depositor (in which case, the Depositor or any Affiliate thereof shall have deemed to have represented that such Affiliate is not a Plan or a Person investing Plan Assets) and the Trust Administrator shall be entitled to conclusively rely upon a representation (which, upon the request of the Trust Administrator, shall be a written representation) from the Depositor of the status of such transferee as an affiliate of the Depositor.
 
Each beneficial owner of a Mezzanine Certificate or any interest therein shall be deemed to have represented, by virtue of its acquisition or holding of that certificate or interest therein, that either (i) it is not a Plan investor, (ii) for Mezzanine Certificates, it has acquired and is holding such Mezzanine Certificate in reliance on Prohibited Transaction Exemption (“PTE”) 91-23, as amended by PTE 97-34, PTE 2000-58 and PTE 2002-41 (the “Underwriters’ Exemption”), and that it understands that there are certain conditions to the availability of the Underwriters’ Exemption, including that such Mezzanine Certificate must be rated, at the time of purchase, not lower than “BBB-” (or its equivalent) by S&P, Moody’s or Fitch and the Certificates are so rated or (iii) (1) it is an insurance company, (2) the source of funds used to acquire or hold the Certificate or interest therein is an “insurance company general account,” as such term is defined in PTCE 95-60, and (3) the conditions in Sections I and III of PTCE 95-60 have been satisfied.
 
If any Class CE Certificate, Class P Certificate, Residual Certificate or Mezzanine Certificate or any interest therein is acquired or held in violation of the provisions of the preceding two paragraphs, the next preceding permitted beneficial owner will be treated as the beneficial owner of that Certificate retroactive to the date of transfer to the purported beneficial owner. Any purported beneficial owner whose acquisition or holding of any such Certificate or interest therein was effected in violation of the provisions of the preceding two paragraphs shall indemnify and hold harmless the Depositor, the Servicers, the Trustee, the Master Servicer, the Trust Administrator and the Trust Fund from and against any and all liabilities, claims, costs or expenses incurred by those parties as a result of that acquisition or holding.
 
(c)  (i) Each Person who has or who acquires any Ownership Interest in a Residual Certificate shall be deemed by the acceptance or acquisition of such Ownership Interest to have agreed to be bound by the following provisions and to have irrevocably authorized the Trust Administrator or its designee under clause (iii)(A) below to deliver payments to a Person other than such Person and to negotiate the terms of any mandatory sale under clause (iii)(B) below and to execute all instruments of Transfer and to do all other things necessary in connection with any such sale. The rights of each Person acquiring any Ownership Interest in a Residual Certificate are expressly subject to the following provisions:
 
(A)  Each Person holding or acquiring any Ownership Interest in a Residual Certificate shall be a Permitted Transferee and shall promptly notify the Trust Administrator of any change or impending change in its status as a Permitted Transferee.
 
(B)  In connection with any proposed Transfer of any Ownership Interest in a Residual Certificate, the Trust Administrator shall require delivery to it and shall not register the Transfer of any Residual Certificate until its receipt of an affidavit and agreement (a “Transfer Affidavit and Agreement”), in the form attached hereto as Exhibit F-2, from the proposed Transferee, in form and substance satisfactory to the Trust Administrator, representing and warranting, among other things, that such Transferee is a Permitted Transferee, that it is not acquiring its Ownership Interest in the Residual Certificate that is the subject of the proposed Transfer as a nominee, trustee or agent for any Person that is not a Permitted Transferee, that for so long as it retains its Ownership Interest in a Residual Certificate, it will endeavor to remain a Permitted Transferee, and that it has reviewed the provisions of this Section 5.02(d) and agrees to be bound by them.
 
(C)  Notwithstanding the delivery of a Transfer Affidavit and Agreement by a proposed Transferee under clause (B) above, if a Responsible Officer of the Trust Administrator who is assigned to this transaction has actual knowledge that the proposed Transferee is not a Permitted Transferee, no Transfer of an Ownership Interest in a Residual Certificate to such proposed Transferee shall be effected.
 
(D)  Each Person holding or acquiring any Ownership Interest in a Residual Certificate shall agree (x) to require a Transfer Affidavit and Agreement from any other Person to whom such Person attempts to transfer its Ownership Interest in a Residual Certificate and (y) not to transfer its Ownership Interest unless it provides a transferor affidavit (a “Transferor Affidavit”), in the form attached hereto as Exhibit F-2, to the Trust Administrator stating that, among other things, it has no actual knowledge that such other Person is not a Permitted Transferee.
 
(E)  Each Person holding or acquiring an Ownership Interest in a Residual Certificate, by purchasing an Ownership Interest in such Certificate, agrees to give the Trust Administrator written notice that it is a “pass-through interest holder” within the meaning of temporary Treasury regulation Section 1.67- 3T(a)(2)(i)(A) immediately upon acquiring an Ownership Interest in a Residual Certificate, if it is, or is holding an Ownership Interest in a Residual Certificate on behalf of, a “pass-through interest holder.”
 
(ii)  The Trust Administrator will register the Transfer of any Residual Certificate only if it shall have received the Transfer Affidavit and Agreement and all of such other documents as shall have been reasonably required by the Trust Administrator as a condition to such registration. In addition, no Transfer of a Residual Certificate shall be made unless the Trust Administrator shall have received a representation letter from the Transferee of such Certificate to the effect that such Transferee is a Permitted Transferee.
 
(iii)  (A) If any purported Transferee shall become a Holder of a Residual Certificate in violation of the provisions of this Section 5.02(d), then the last preceding Permitted Transferee shall be restored, to the extent permitted by law, to all rights as Holder thereof retroactive to the date of registration of such Transfer of such Residual Certificate. The Trust Administrator shall be under no liability to any Person for any registration of Transfer of a Residual Certificate that is in fact not permitted by this Section 5.02(d) or for making any payments due on such Certificate to the Holder thereof or for taking any other action with respect to such Holder under the provisions of this Agreement.
 
(B)  If any purported Transferee shall become a Holder of a Residual Certificate in violation of the restrictions in this Section 5.02(d) and to the extent that the retroactive restoration of the rights of the Holder of such Residual Certificate as described in clause (iii)(A) above shall be invalid, illegal or unenforceable, then the Trust Administrator shall have the right, without notice to the Holder or any prior Holder of such Residual Certificate, to sell such Residual Certificate to a purchaser selected by the Trust Administrator on such terms as the Trust Administrator may choose. Such purported Transferee shall promptly endorse and deliver each Residual Certificate in accordance with the instructions of the Trust Administrator. Such purchaser may be the Trust Administrator itself or any Affiliate of the Trust Administrator. The proceeds of such sale, net of the commissions (which may include commissions payable to the Trust Administrator or its Affiliates), expenses and taxes due, if any, will be remitted by the Trust Administrator to such purported Transferee. The terms and conditions of any sale under this clause (iii)(B) shall be determined in the sole discretion of the Trust Administrator, and the Trust Administrator shall not be liable to any Person having an Ownership Interest in a Residual Certificate as a result of its exercise of such discretion.
 
(iv)  The Trust Administrator shall make available to the Internal Revenue Service and those Persons specified by the REMIC Provisions all information necessary to compute any tax imposed (A) as a result of the Transfer of an Ownership Interest in a Residual Certificate to any Person who is a Disqualified Organization, including the information described in Treasury regulations sections 1.860D-1(b)(5) and 1.860E-2(a)(5) with respect to the “excess inclusions” of such Residual Certificate and (B) as a result of any regulated investment company, real estate investment trust, common trust fund, partnership, trust, estate or organization described in Section 1381 of the Code that holds an Ownership Interest in a Residual Certificate having as among its record holders at any time any Person which is a Disqualified Organization. Reasonable compensation for providing such information may be accepted by the Trust Administrator.
 
(v)  The provisions of this Section 5.02(d) set forth prior to this subsection (v) may be modified, added to or eliminated, provided that there shall have been delivered to the Trust Administrator at the expense of the party seeking to modify, add to or eliminate any such provision the following:
 
(A)  written notification from the Rating Agencies to the effect that the modification, addition to or elimination of such provisions will not cause the Rating Agencies to downgrade its then-current ratings of any Class of Certificates; and
 
(B)  an Opinion of Counsel, in form and substance satisfactory to the Trust Administrator, to the effect that such modification of, addition to or elimination of such provisions will not cause any Trust REMIC to cease to qualify as a REMIC and will not cause (x) any Trust REMIC to be subject to an entity-level tax caused by the Transfer of any Residual Certificate to a Person that is not a Permitted Transferee or (y) a Person other than the prospective transferee to be subject to a REMIC-tax caused by the Transfer of a Residual Certificate to a Person that is not a Permitted Transferee.
 
(d)  Subject to the preceding subsections, upon surrender for registration of transfer of any Certificate at any office or agency of the Trust Administrator maintained for such purpose pursuant to Section 8.12, the Trust Administrator shall execute, authenticate and deliver, in the name of the designated Transferee or Transferees, one or more new Certificates of the same Class of a like aggregate Percentage Interest.
 
(e)  At the option of the Holder thereof, any Certificate may be exchanged for other Certificates of the same Class with authorized denominations and a like aggregate Percentage Interest, upon surrender of such Certificate to be exchanged at any office or agency of the Trust Administrator maintained for such purpose pursuant to Section 8.12. Whenever any Certificates are so surrendered for exchange, the Trust Administrator shall execute, authenticate and deliver, the Certificates which the Certificateholder making the exchange is entitled to receive. Every Certificate presented or surrendered for transfer or exchange shall (if so required by the Trust Administrator) be duly endorsed by, or be accompanied by a written instrument of transfer in the form satisfactory to the Trust Administrator duly executed by, the Holder thereof or his attorney duly authorized in writing. In addition, (i) with respect to each Class R Certificate, the Holder thereof may exchange, in the manner described above, such Class R Certificate for two separate Certificates, each representing such Holder’s respective Percentage Interest in the Class R-I Interest and the Class R-II Interest that was evidenced by the Class R Certificate being exchanged and (ii) with respect to each Class R-X Certificate, the Holder thereof may exchange, in the manner described above, such Class R-X Certificate for two separate Certificates, each representing such Holder’s respective Percentage Interest in the Class R-III Interest and the Class R-IV Interest, respectively, in each case that was evidenced by the Class R-X Certificate being exchanged.
 
(f)  No service charge to the Certificateholders shall be made for any transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
(g)  All Certificates surrendered for transfer and exchange shall be canceled and destroyed by the Trust Administrator in accordance with its customary procedures.
 
SECTION 5.03  
Mutilated, Destroyed, Lost or Stolen Certificates.
 
If (i) any mutilated Certificate is surrendered to the Trust Administrator, or the Trust Administrator receive evidence to its satisfaction of the destruction, loss or theft of any Certificate, and (ii) there is delivered to the Trustee and the Trust Administrator such security or indemnity as may be required by them to save each of them harmless, then, in the absence of actual knowledge by the Trust Administrator that such Certificate has been acquired by a bona fide purchaser, the Trust Administrator shall execute, authenticate and deliver, in exchange for or in lieu of any such mutilated, destroyed, lost or stolen Certificate, a new Certificate of the same Class and of like denomination and Percentage Interest. Upon the issuance of any new Certificate under this Section, the Trust Administrator may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trust Administrator) connected therewith. Any replacement Certificate issued pursuant to this Section shall constitute complete and indefeasible evidence of ownership in the applicable REMIC created hereunder, as if originally issued, whether or not the lost, stolen or destroyed Certificate shall be found at any time.
 
SECTION 5.04  
Persons Deemed Owners.
 
The Depositor, the Master Servicer, the Servicers, the Trustee, the Trust Administrator and any agent of any of them may treat the Person in whose name any Certificate is registered as the owner of such Certificate for the purpose of receiving distributions pursuant to Section 4.01 and for all other purposes whatsoever, and none of the Depositor, the Master Servicer, the Servicers, the Trustee, the Trust Administrator or any agent of any of them shall be affected by notice to the contrary.
 
SECTION 5.05  
Certain Available Information.
 
The Trust Administrator shall maintain at its Corporate Trust Office and shall make available free of charge during normal business hours for review by any Holder of a Certificate or any Person identified to the Trust Administrator as a prospective transferee of a Certificate, originals or copies of the following items: (A) this Agreement and any amendments hereof entered into pursuant to Section 11.01, (B) all Monthly Statements required to be delivered to Certificateholders of the relevant Class pursuant to Section 4.02 since the Closing Date, and all other notices, reports, statements and written communications delivered to the Certificateholders of the relevant Class pursuant to this Agreement since the Closing Date, (C) all certifications delivered by a Responsible Officer of the Trust Administrator since the Closing Date pursuant to Section 10.01(h), (D) any and all Officers’ Certificates delivered to the Trust Administrator by each Servicer since the Closing Date to evidence such Servicer’s determination that any P&I Advance or Servicing Advance was, or if made, would be a Nonrecoverable Advance and (E) any and all Officers’ Certificates delivered to the Trust Administrator by each Servicer since the Closing Date pursuant to Section 4.04(a). Copies and mailing of any and all of the foregoing items will be available from the Trust Administrator upon request at the expense of the person requesting the same.
 
ARTICLE VI
 
THE DEPOSITOR, THE MASTER SERVICER AND THE SERVICERS
 
SECTION 6.01  
Liability of the Depositor, the Master Servicer, and the Servicers.
 
Each Servicer and the Master Servicer shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by each Servicer and the Master Servicer, as applicable, herein. The Depositor shall be liable in accordance herewith only to the extent of the obligations specifically imposed by this Agreement and undertaken hereunder by the Depositor herein.
 
SECTION 6.02  
Merger or Consolidation of the Depositor, the Master Servicer or the Servicers.
 
Subject to the following paragraph, the Depositor will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation. Subject to the following paragraph, each Servicer and the Master Servicer, will keep in full effect its existence, rights and franchises as a corporation under the laws of the jurisdiction of its incorporation and its qualification as an approved conventional seller/servicer for Fannie Mae or Freddie Mac in good standing. The Depositor, the Master Servicer and the Servicers each will obtain and preserve its qualification to do business as a foreign corporation in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement, the Certificates or any of the Mortgage Loans and to perform its respective duties under this Agreement.
 
The Depositor, the Master Servicer, or the Servicers may be merged or consolidated with or into any Person, or transfer all or substantially all of its assets to any Person, in which case any Person resulting from any merger or consolidation to which the Depositor, the Master Servicer or the Servicers shall be a party, or any Person succeeding to the business of the Depositor, the Master Servicer or the Servicers, shall be the successor of the Depositor, the Master Servicer or the Servicers, as the case may be, hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding; provided, however, that the successor or surviving Person to the Servicers shall be qualified to service mortgage loans on behalf of Fannie Mae or Freddie Mac; and provided further that the Rating Agencies’ ratings of the Class A Certificates and the Mezzanine Certificates in effect immediately prior to such merger or consolidation will not be qualified, reduced or withdrawn as a result thereof (as evidenced by a letter to such effect from the Rating Agencies).
 
SECTION 6.03  
Limitation on Liability of the Depositor, the Master Servicer, the Servicers and Others.
 
None of the Depositor, the Master Servicer, the Trust Administrator, the Servicers (and any Sub-Servicer) or any of the directors, officers, employees or agents of the Depositor, the Master Servicer, the Trust Administrator or the Servicers (and any Sub-Servicer) shall be under any liability to the Trust Fund or the Certificateholders for any action taken or for refraining from the taking of any action in good faith pursuant to this Agreement or the related Sub-Servicing Agreement, as applicable, or for errors in judgment; provided, however, that this provision shall not protect the Depositor, the Master Servicer, the Trust Administrator, the Servicers (and any Sub-Servicer) or any such person against any breach of warranties, representations or covenants made herein, or against any specific liability imposed on the related Servicer (and any Sub-Servicer) pursuant hereto or the related Sub-Servicing Agreement, as applicable, or against any liability which would otherwise be imposed by reason of willful misfeasance, bad faith or negligence in the performance of duties or by reason of reckless disregard of obligations and duties hereunder or the related Sub-Servicing Agreement, as applicable. The Depositor, the Master Servicer, the Trust Administrator, the Servicers (and any Sub-Servicer) and any director, officer, employee or agent of the Depositor the Master Servicer, the Trust Administrator or the Servicers may rely in good faith on any document of any kind which, prima facie, is properly executed and submitted by any Person respecting any matters arising hereunder or the related Sub-Servicing Agreement, as applicable. The Depositor, the Master Servicer, the Trust Administrator, the Servicers (and any Sub-Servicer) and any director, officer, employee or agent of the Depositor or the Servicers (and any Sub-Servicer) shall be indemnified and held harmless by the Trust Fund against (i) any loss, liability or expense incurred in connection with any legal action relating to this Agreement or the Certificates (except as any such loss, liability or expense shall be otherwise reimbursable pursuant to this Agreement) or any loss, liability or expense incurred by reason of willful misfeasance, bad faith or negligence in the performance of duties hereunder or the related Sub-Servicing Agreement, as applicable, or by reason of reckless disregard of obligations and duties hereunder or the related Sub-Servicing Agreement, as applicable, and (ii) any breach of a representation or warranty regarding the Mortgage Loans. None of the Depositor, the Master Servicer, the Trust Administrator or the Servicers (and any Sub-Servicer) shall be under any obligation to appear in, prosecute or defend any legal action unless such action is related to its respective duties under this Agreement or the related Sub-Servicing Agreement, as applicable, and, in its opinion, does not involve it in any expense or liability; provided, however, that each of the Depositor, the Master Servicer, the Trust Administrator, and the Servicers (and any Sub-Servicer) may in its discretion undertake any such action which it may deem necessary or desirable with respect to this Agreement or the related Sub-Servicing Agreement, as applicable, and the rights and duties of the parties hereto or to the related Sub-Servicing Agreement, as applicable, and the interests of the Certificateholders hereunder. In such event, unless the Depositor the Master Servicer, the Trust Administrator or the Servicers (and any Sub-Servicer) acts without the consent of Holders of Certificates entitled to at least 51% of the Voting Rights (which consent shall not be necessary in the case of litigation or other legal action by either to enforce their respective rights or defend themselves hereunder or the related Sub-Servicing Agreement, as applicable), the legal expenses and costs of such action and any liability resulting therefrom (except any loss, liability or expense incurred by reason of willful misfeasance, bad faith or negligence in the performance of duties hereunder or by reason of reckless disregard of obligations and duties hereunder or the related Sub-Servicing Agreement, as applicable) shall be expenses, costs and liabilities of the Trust Fund, and the Depositor (subject to the limitations set forth above) the Master Servicer, the Trust Administrator and the related Servicer (and any Sub-Servicer) shall be entitled to be reimbursed therefor from the related Collection Account or Distribution Account, as applicable, as and to the extent provided in Section 3.11 or Section 3A.12 or from the corresponding custodial account established under the related Sub-Servicing Agreement, any such right of reimbursement being prior to the rights of the Certificateholders to receive any amount in the related Collection Account or Distribution Account. The Master Servicer’s, the Trust Administrator’s or Servicer’s right to indemnity or reimbursement pursuant to this Section shall survive any termination of this Agreement, any resignation or termination of the Master Servicer, the Trust Administrator or the Servicer pursuant to Section 6.04 or 7.01 with respect to any losses, expenses, costs or liabilities arising prior to such resignation or termination (or arising from events that occurred prior to such resignation or termination).

SECTION 6.04  
Limitation on Resignation of the Servicers; Assignment of Master Servicing.
 
(a)  Each Servicer shall not resign from the obligations and duties hereby imposed on it except (i) upon determination that its duties hereunder are no longer permissible under applicable law or (ii) with the written consent of the Trustee and the Trust Administrator, which consent may not be unreasonably withheld, with written confirmation from the Rating Agencies (which confirmation shall be furnished to the Depositor, the Master Servicer, the Trustee and the Trust Administrator) that such resignation will not cause the Rating Agencies to reduce the then current rating of the Class A Certificates and provided that a qualified successor has agreed to assume the duties and obligations of the related Servicer hereunder. Any such determination pursuant to clause (i) of the preceding sentence permitting the resignation of the related Servicer shall be evidenced by an Opinion of Counsel to such effect obtained at the expense of the related Servicer and delivered to the Trustee, the Master Servicer, and the Trust Administrator. No resignation of the related Servicer shall become effective until the Master Servicer or the Trustee, as applicable, in accordance with Section 7.02 hereof, or a successor servicer shall have assumed the related Servicer’s responsibilities, duties, liabilities (other than those liabilities arising prior to the appointment of such successor) and obligations under this Agreement.
 
Except as expressly provided herein, the related Servicer shall not assign or transfer any of its rights, benefits or privileges hereunder to any other Person, nor delegate to or subcontract with, nor authorize or appoint any other Person to perform any of the duties, covenants or obligations to be performed by the related Servicer hereunder. If, pursuant to any provision hereof, the duties of the related Servicer are transferred to a successor servicer, the entire amount of the Servicing Fee and other compensation payable to the related Servicer pursuant hereto shall thereafter be payable to such successor servicer.
 
(b)  The Master Servicer may sell, assign or delegate its rights, duties and obligations as Master Servicer under this Agreement in their entirety; provided, however, that: (i) the purchaser or transferee accepting such sale, assignment and delegation (a) shall be a Person qualified to service mortgage loans for Fannie Mae or Freddie Mac; (b) shall have a net worth of not less than $50,000,000 (unless otherwise approved by each Rating Agency pursuant to clause (ii) below); and (c) shall execute and deliver to the Trustee an agreement, in form and substance reasonably satisfactory to the Trustee, which contains an assumption by such Person of the due and punctual performance and observance of each covenant and condition to be performed or observed by it as master servicer under this Agreement from and after the effective date of such assumption agreement; (ii) each Rating Agency shall be given prior written notice of the identity of the proposed successor to the Master Servicer and shall confirm in writing to the Master Servicer and the Trustee that any such sale, assignment or delegation would not result in a withdrawal or a downgrading of the rating on any Class of Certificates in effect immediately prior to such sale, assignment or delegation; and (iii) the Master Servicer shall deliver to the Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that all conditions precedent to such action under this Agreement have been fulfilled and such action is permitted by and complies with the terms of this Agreement. No such sale, assignment or delegation shall affect any liability of the Master Servicer arising prior to the effective date thereof.
 
SECTION 6.05  
Successor Master Servicer.
 
In connection with the appointment of any successor Master Servicer or the assumption of the duties of the Master Servicer, the Depositor or the Trustee may make such arrangements for the compensation of such successor Master Servicer out of payments on the Mortgage Loans as the Depositor or the Trustee and such successor Master Servicer shall agree. If the successor Master Servicer does not agree that such market value is a fair price, such successor Master Servicer shall obtain two quotations of market value from third parties actively engaged in the master servicing of single-family mortgage loans. Notwithstanding the foregoing, the compensation payable to a successor Master Servicer may not exceed the compensation which the Master Servicer would have been entitled to retain if the Master Servicer had continued to act as Master Servicer hereunder.
 
SECTION 6.06  
Rights of the Depositor in Respect of the Servicers.
 
Each Servicer shall afford (and any Sub-Servicing Agreement shall provide that each Sub-Servicer shall afford) the Depositor, the Master Servicer, the Trustee and the Trust Administrator, upon reasonable notice, during normal business hours, access to all records maintained by such Servicer (and any such Sub-Servicer) in respect of such Servicer’s rights and obligations hereunder and access to officers of such Servicer (and those of any such Sub-Servicer) responsible for such obligations. Upon request, each Servicer shall furnish to the Depositor, the Master Servicer, the Trustee and the Trust Administrator its (and any such Sub-Servicer’s) most recent financial statements of the parent company of such Servicer and such other information relating to such Servicer’s capacity to perform its obligations under this Agreement that it possesses. To the extent such information is not otherwise available to the public, the Depositor, the Master Servicer, the Trustee and the Trust Administrator shall not disseminate any information obtained pursuant to the preceding two sentences without the related Servicer’s written consent, except as required pursuant to this Agreement or to the extent that it is appropriate to do so (i) in working with legal counsel, auditors, taxing authorities or other governmental agencies, rating agencies or reinsurers or (ii) pursuant to any law, rule, regulation, order, judgment, writ, injunction or decree of any court or governmental authority having jurisdiction over the Depositor, the Master Servicer, the Trustee, the Trust Administrator or the Trust Fund, and in either case, the Depositor, the Master Servicer, the Trustee or the Trust Administrator, as the case may be, shall use its best efforts to assure the confidentiality of any such disseminated non-public information. The Depositor may, but is not obligated to, enforce the obligations of a Servicer under this Agreement and may, but is not obligated to, perform, or cause a designee to perform, any defaulted obligation of a Servicer under this Agreement or exercise the rights of any Servicer under this Agreement; provided that a Servicer shall not be relieved of any of its obligations under this Agreement by virtue of such performance by the Depositor or its designee. The Depositor shall not have any responsibility or liability for any action or failure to act by a Servicer and is not obligated to supervise the performance of a Servicer under this Agreement or otherwise.
 
SECTION 6.07  
Duties of the Credit Risk Manager.
 
For and on behalf of the Trust, the Credit Risk Manager will provide reports and recommendations concerning certain delinquent and defaulted Mortgage Loans, and as to the collection of any Prepayment Charges with respect to the Mortgage Loans. Such reports and recommendations will be based upon information provided to the Credit Risk Manager pursuant to the respective Credit Risk Management Agreement, and the Credit Risk Manager shall look solely to the Servicers and/or the Master Servicer for all information and data (including loss and delinquency information and data) relating to the servicing of the related Mortgage Loans. Upon any termination of the Credit Risk Manager or the appointment of a successor Credit Risk Manager, the Depositor shall give written notice thereof to the Servicers, the Master Servicer, the Trustee, the Trust Administrator and each Rating Agency. Notwithstanding the foregoing, the termination of the Credit Risk Manager pursuant to this Section shall not become effective until the appointment of a successor Credit Risk Manager.
 
SECTION 6.08  
Limitation Upon Liability of the Credit Risk Manager.
 
Neither the Credit Risk Manager, nor any of its directors, officers, employees, or agents shall be under any liability to the Trustee, the Certificateholders, the Master Servicer, the Trust Administrator, the Servicers or the Depositor for any action taken or for refraining from the taking of any action made in good faith pursuant to this Agreement, in reliance upon information provided by the related Servicer or the Master Servicer under the related Credit Risk Management Agreement, or for errors in judgment; provided, however, that this provision shall not protect the Credit Risk Manager or any such person against liability that would otherwise be imposed by reason of willful malfeasance or bad faith in its performance of its duties. The Credit Risk Manager and any director, officer, employee, or agent of the Credit Risk Manager may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder, and may rely in good faith upon the accuracy of information furnished by the related Servicer or the Master Servicer pursuant to the applicable Credit Risk Management Agreement in the performance of its duties thereunder and hereunder.
 
SECTION 6.09  
Removal of the Credit Risk Manager.
 
The Credit Risk Manager may be removed as Credit Risk Manager by Certificateholders holding not less than 66 2/3% of the Voting Rights in the Trust Fund, in the exercise of its or their sole discretion. The Certificateholders shall provide written notice of the Credit Risk Manager’s removal to the Trust Administrator. Upon receipt of such notice, the Trust Administrator shall provide written notice to the Credit Risk Manager of its removal, which shall be effective upon receipt of such notice by the Credit Risk Manager.
 
ARTICLE VII
 
DEFAULT
 
SECTION 7.01  
Servicer Events of Default and Master Servicer Events of Termination.
 
Unless otherwise specified, all references to “the Servicer” in this Article VII shall be to events or actions as they relate to a specific Servicer.
 
(a)  “Servicer Event of Default,” wherever used herein, means any one of the following events:
 
(i)  any failure by the Servicer to remit to the Trust Administrator for distribution to the Certificateholders any payment (other than a P&I Advance required to be made from its own funds on any Servicer Remittance Date pursuant to Section 4.03) required to be made under the terms of the Certificates and this Agreement which continues unremedied for a period of one Business Day (in the case of Ameriquest and Opteum) or two Business Days (in the case of Wells Fargo, as Servicer) after the date upon which written notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Depositor, the Trust Administrator or the Trustee (in which case notice shall be provided by telecopy), or to the Servicer, the Depositor, the Trust Administrator and the Trustee by the Holders of Certificates entitled to at least 25% of the Voting Rights; or
 
(ii)  any failure on the part of the Servicer duly to observe or perform in any material respect any other of the covenants or agreements on the part of the Servicer contained in this Agreement (other than the agreements of the Servicer contained in Section 3.20 and Section 3.21) (or, if the Servicer is an Originator, the failure of the Originator to repurchase a Mortgage Loan as to which a breach has been established that requires a repurchase pursuant to the terms of related Master Agreement), or the breach by the Servicer of any representation and warranty contained in Section 2.05 (other than representation 2.05(b)(ix)), which continues unremedied for a period of 45 days (or if such failure or breach cannot be remedied within 45 days, then such remedy shall have been commenced within 45 days and diligently pursued thereafter; provided, however, that in no event shall such failure or breach be allowed to exist for a period of greater than 60 days) after the earlier of (i) the date on which written notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Depositor, the Trust Administrator or the Trustee, or to the Servicer, the Depositor, the Trust Administrator and the Trustee by the Holders of Certificates entitled to at least 25% of the Voting Rights and (ii) actual knowledge of such failure by a Servicing Officer; or
 
(iii)  a decree or order of a court or agency or supervisory authority having jurisdiction in the premises in an involuntary case under any present or future federal or state bankruptcy, insolvency or similar law or the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceeding, or for the winding-up or liquidation of its affairs, shall have been entered against the Servicer and if such proceeding is being contested by the Servicer in good faith such decree or order shall have remained in force undischarged or unstayed for a period of 60 consecutive days or results in the entry of an order for relief or any such adjudication or appointment; or
 
(iv)  the Servicer shall consent to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings of or relating to the Servicer or of or relating to all or substantially all of its property; or
 
(v)  the Servicer shall admit in writing its inability to pay its debts generally as they become due, file a petition to take advantage of any applicable insolvency or reorganization statute, make an assignment for the benefit of its creditors, or voluntarily suspend payment of its obligations;
 
(vi)  any failure on the part of the Servicer duly to observe or perform in any material respect any other of the covenants or agreements on the part of the Servicer contained in this Agreements or timely comply with is obligations pursuant to Section 3.20, Section 3.21 or Section 4.07 hereof; provided however, that the obligations of Ameriquest to deliver an Annual Statement of Compliance pursuant to Section 3.20 and an Assessment of Compliance and Attestation Report pursuant to Section 3.21 shall be subject to a cure period of 5 Business Days; or
 
(vii)  any failure of the Servicer to make any P&I Advance on any Servicer Remittance Date required to be made from its own funds pursuant to Section 4.03 which continues unremedied until 5:00 p.m. New York time on first Business Day after the date upon which written notice of such failure, requiring the same to be remedied, shall have been given to the Servicer by the Trust Administrator or the Trustee (in which case notice shall be provided by telecopy).
 
If a Servicer Event of Default described in clauses (i) through (vii) of this Section shall occur and be continuing, then, and in each and every such case, so long as such Servicer Event of Default shall not have been remedied, the Depositor, the Master Servicer, the Trust Administrator or the Trustee may, and at the written direction of the Holders of Certificates entitled to at least 51% of Voting Rights, and the Trustee or the Master Servicer shall, by notice in writing to the Servicer (and to the Depositor and the Trust Administrator if given by the Trustee or to the Trustee and the Trust Administrator if given by the Depositor), terminate all of the rights and obligations of the Servicer in its capacity as a Servicer under this Agreement, to the extent permitted by law, and in and to the Mortgage Loans and the proceeds thereof. If a Servicer Event of Default described in clause (vii) hereof shall occur and shall not have been remedied during the applicable time period set forth in clause (vii\) above, the Trust Administrator shall, by notice in writing to the Servicer, the Master Servicer and the Depositor, terminate all of the rights and obligations of the Servicer in its capacity as a Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof. On or after the receipt by the Servicer of such written notice, all authority and power of the Servicer under this Agreement, whether with respect to the Certificates (other than as a Holder of any Certificate) or the Mortgage Loans or otherwise, shall pass to and be vested in the Master Servicer or (if the Master Servicer is the Servicer) the Trustee pursuant to and under this Section and, without limitation, the Master Servicer or the Trustee, as applicable, is hereby authorized and empowered, as attorney-in-fact or otherwise, to execute and deliver on behalf of and at the expense of the Servicer, any and all documents and other instruments and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and related documents, or otherwise. The Servicer agrees, at its sole cost and expense, promptly (and in any event no later than ten Business Days subsequent to such notice) to provide the Master Servicer or the Trustee, as applicable, with all documents and records requested by it to enable it to assume the Servicer’s functions under this Agreement, and to cooperate with the Master Servicer or the Trustee, as applicable, in effecting the termination of the Servicer’s responsibilities and rights under this Agreement, including, without limitation, the transfer within one Business Day to the Master Servicer or the Trustee, as applicable, for administration by it of all cash amounts which at the time shall be or should have been credited by the Servicer to the Collection Account held by or on behalf of the Servicer, the Distribution Account or any REO Account or Servicing Account held by or on behalf of the Servicer or thereafter be received with respect to the Mortgage Loans or any REO Property serviced by the Servicer (provided, however, that the Servicer shall continue to be entitled to receive all amounts accrued or owing to it under this Agreement on or prior to the date of such termination, whether in respect of P&I Advances or otherwise, and shall continue to be entitled to the benefits of Section 6.03, notwithstanding any such termination, with respect to events occurring prior to such termination). For purposes of this Section 7.01, the Trustee and the Trust Administrator shall not be deemed to have knowledge of a Servicer Event of Default unless a Responsible Officer of the Trustee or the Trust Administrator, as the case may be, assigned to and working in the Trustee’s or the Trust Administrator’s Corporate Trust Office, as applicable, has actual knowledge thereof or unless written notice of any event which is in fact such a Servicer Event of Default is received by the Trustee or the Trust Administrator, as applicable, and such notice references the Certificates, the Trust Fund or this Agreement.
 
(b)  “Master Servicer Event of Default,” wherever used herein, means any one of the following events:
 
(i)  the Master Servicer fails to cause to be deposited in the Distribution Account any amount so required to be deposited pursuant to this Agreement (other than an Advance), and such failure continues unremedied for a period of three Business Days after the date upon which written notice of such failure, requiring the same to be remedied, shall have been given to the Master Servicer; or
 
(ii)  the Master Servicer fails to observe or perform in any material respect any other material covenants and agreements set forth in this Agreement to be performed by it, which covenants and agreements materially affect the rights of Certificateholders, and such failure continues unremedied for a period of 60 days after the date on which written notice of such failure, properly requiring the same to be remedied, shall have been given to the Master Servicer by the Trustee or to the Master Servicer and the Trustee by the Holders of Certificates evidencing not less than 25% of the Voting Rights; or
 
(iii)  there is entered against the Master Servicer a decree or order by a court or agency or supervisory authority having jurisdiction in the premises for the appointment of a conservator, receiver or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings, or for the winding up or liquidation of its affairs, and the continuance of any such decree or order is unstayed and in effect for a period of 60 consecutive days, or an involuntary case is commenced against the Master Servicer under any applicable insolvency or reorganization statute and the petition is not dismissed within 60 days after the commencement of the case; or
 
(iv)  the Master Servicer consents to the appointment of a conservator or receiver or liquidator in any insolvency, readjustment of debt, marshaling of assets and liabilities or similar proceedings of or relating to the Master Servicer or substantially all of its property; or the Master Servicer admits in writing its inability to pay its debts generally as they become due, files a petition to take advantage of any applicable insolvency or reorganization statute, makes an assignment for the benefit of its creditors, or voluntarily suspends payment of its obligations; or
 
(v)  the Master Servicer assigns or delegates its duties or rights under this Agreement in contravention of the provisions permitting such assignment or delegation under Section 6.05; or
 
(vi)  any failure of the Master Servicer to make any Advance (other than a Nonrecoverable Advance) required to be made from its own funds pursuant to Section 4.03 by 5:00 p.m. New York time on the Business Day prior to the applicable Distribution Date.
 
In each and every such case, so long as such Master Servicer Event of Default with respect to the Master Servicer shall not have been remedied, either the Trustee, the NIMS Insurer or the Holders of Certificates evidencing not less than 51% of the Voting Rights, by notice in writing to the Depositor, the Master Servicer (and to the Trustee if given by such Certificateholders), with a copy to the Rating Agencies, may terminate all of the rights and obligations (but not the liabilities) of the Master Servicer under this Agreement and in and to the Mortgage Loans and/or the REO Property master serviced by the Master Servicer and the proceeds thereof. Upon the receipt by the Master Servicer of the written notice, all authority and power of the Master Servicer under this Agreement, whether with respect to the Certificates, the Mortgage Loans, REO Property or under any other related agreements (but only to the extent that such other agreements relate to the Mortgage Loans or related REO Property) shall, subject to Section 7.04, automatically and without further action pass to and be vested in the Trustee pursuant to this Section 7.01(b); and, without limitation, the Trustee is hereby authorized and empowered to execute and deliver, on behalf of the Master Servicer as attorney-in-fact or otherwise, any and all documents and other instruments and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and related documents, or otherwise. The Master Servicer agrees to cooperate with the Trustee in effecting the termination of the Master Servicer’s rights and obligations hereunder, including, without limitation, the transfer to the Trustee of (i) the property and amounts which are then or should be part of the Trust Fund or which thereafter become part of the Trust Fund; and (ii) originals or copies of all documents of the Master Servicer reasonably requested by the Trustee to enable it to assume the Master Servicer’s duties thereunder. In addition to any other amounts which are then, or, notwithstanding the termination of its activities under this Agreement, may become payable to the Master Servicer under this Agreement, the Master Servicer shall be entitled to receive, out of any amount received on account of a Mortgage Loan or related REO Property, that portion of such payments which it would have received as reimbursement under this Agreement if notice of termination had not been given. The termination of the rights and obligations of the Master Servicer shall not affect any obligations incurred by the Master Servicer prior to such termination.
 
Notwithstanding the foregoing, if a Master Servicer Event of Default described in clause (vi) of this Section 7.01(b) shall occur, the Trustee shall, by notice in writing to the Master Servicer, which may be delivered by telecopy, immediately terminate all of the rights and obligations of the Master Servicer thereafter arising under this Agreement, but without prejudice to any rights it may have as a Certificateholder or to reimbursement of Advances and other advances of its own funds, and the Trustee shall act as provided in Section 7.04 to carry out the duties of the Master Servicer, including the obligation to make any Advance the nonpayment of which was a Master Servicer Event of Default described in clause (vi) of this Section 7.01(b). Any such action taken by the Trustee must be prior to the distribution on the relevant Distribution Date.
 
SECTION 7.02  
Master Servicer or Trustee to Act; Appointment of Successor Servicer.
 
(a)  On and after the time the Servicer receives a notice of termination, the Master Servicer or (if the Master Servicer is the Servicer) the Trustee shall be the successor in all respects to the Servicer in its capacity as Servicer under this Agreement, the Servicer shall not have the right to withdraw any funds from the Collection Account without the consent of the Master Servicer or the Trustee, as applicable, and the transactions set forth or provided for herein and shall be subject to all the responsibilities, duties and liabilities relating thereto and arising thereafter placed on the Servicer (except for any representations or warranties of the Servicer under this Agreement, the responsibilities, duties and liabilities contained in Section 2.03(c) and its obligation to deposit amounts in respect of losses pursuant to Section 3.12) by the terms and provisions hereof including, without limitation, the Servicer’s obligations to make P&I Advances pursuant to Section 4.03; provided, however, that if the Master Servicer or the Trustee, as applicable, is prohibited by law or regulation from obligating itself to make advances regarding delinquent mortgage loans, then the Master Servicer or the Trustee, as applicable, shall not be obligated to make P&I Advances pursuant to Section 4.03; and provided further, that any failure to perform such duties or responsibilities caused by the Servicer’s failure to provide information required by Section 7.01 shall not be considered a default by the Master Servicer or the Trustee, as applicable, as successor to the Servicer hereunder. It is understood and acknowledged by the parties hereto that there will be a period of transition (not to exceed 90 days) before the transition of servicing obligations is fully effective. As compensation therefor, the Master Servicer or the Trustee, as applicable, shall be entitled to the Servicing Fees and all funds relating to the Mortgage Loans to which the Servicer would have been entitled if it had continued to act hereunder (other than amounts which were due or would become due to the Servicer prior to its termination or resignation). Notwithstanding the above, the Master Servicer or the Trustee, as applicable, may, if it shall be unwilling to so act, or shall, if it is unable to so act or if it is prohibited by law from making advances regarding delinquent mortgage loans, or if the Holders of Certificates entitled to at least 51% of the Voting Rights so request in writing to the Master Servicer or the Trustee, as applicable, promptly appoint or petition a court of competent jurisdiction to appoint, an established mortgage loan servicing institution acceptable to the Rating Agencies and having a net worth of not less than $15,000,000 as the successor to the Servicer under this Agreement in the assumption of all or any part of the responsibilities, duties or liabilities of the Servicer under this Agreement. No appointment of a successor Servicer under this Agreement shall be effective until the assumption by the successor of all of the Servicer’s responsibilities, duties and liabilities hereunder. In connection with such appointment and assumption described herein, the Master Servicer or the Trustee, as applicable, may make such arrangements for the compensation of such successor out of payments on Mortgage Loans as it and such successor shall agree; provided, however, that no such compensation shall be in excess of that permitted the Servicer as such hereunder. The Depositor, the Master Servicer, the Trustee and such successor shall take such action, consistent with this Agreement, as shall be necessary to effectuate any such succession. Pending appointment of a successor to the Servicer under this Agreement, the Master Servicer or the Trustee, as applicable, shall act in such capacity as hereinabove provided.
 
(b)  In connection with the termination or resignation of the Servicer hereunder, either (i) the successor servicer, including the Master Servicer or the Trustee, as applicable, if the Master Servicer or the Trustee, as applicable, is acting as successor servicer, shall represent and warrant that it is a member of MERS in good standing and shall agree to comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS, in which case the predecessor servicer shall cooperate with the successor servicer in causing MERS to revise its records to reflect the transfer of servicing to the successor servicer as necessary under MERS’ rules and regulations, or (ii) the predecessor servicer shall cooperate with the successor servicer in causing MERS to execute and deliver an assignment of Mortgage in recordable form to transfer the Mortgage from MERS to the Master Servicer or the Trustee, as applicable, and to execute and deliver such other notices, documents and other instruments as may be necessary or desirable to effect a transfer of such Mortgage Loan or servicing of such Mortgage Loan on the MERS® System to the successor servicer. The predecessor servicer shall file or cause to be filed any such assignment in the appropriate recording office. The predecessor servicer shall bear any and all fees of MERS, costs of preparing any assignments of Mortgage, and fees and costs of filing any assignments of Mortgage that may be required under this Section 7.02(b).
 
SECTION 7.03  
Trustee to Act; Appointment of Successor Master Servicer.
 
(a)  Upon the receipt by the Master Servicer of a notice of termination pursuant to Section 7.01(b) or an Opinion of Counsel rendered by Independent counsel pursuant to Section 6.05(b) to the effect that the Master Servicer is legally unable to act or to delegate its duties to a Person which is legally able to act, the Trustee shall automatically become the successor in all respects to the Master Servicer in its capacity under this Agreement and the transactions set forth or provided for herein and shall thereafter be subject to all the responsibilities, duties, liabilities and limitations on liabilities relating thereto placed on the Master Servicer by the terms and provisions hereof; provided, however, that the Trustee (i) shall have no obligation whatsoever with respect to any liability (other than Advances deemed recoverable and not previously made) incurred by the Master Servicer at or prior to the time of termination and (ii) shall not be obligated to perform any obligation of the Master Servicer under Section 3.20 or 3.21 with respect to any period of time during which the Trustee was not the Master Servicer. As compensation therefor, but subject to Section 6.05, the Trustee shall be entitled to compensation which the Master Servicer would have been entitled to retain if the Master Servicer had continued to act hereunder, except for those amounts due the Master Servicer as reimbursement permitted under this Agreement for advances previously made or expenses previously incurred. Notwithstanding the above, the Trustee may, if it shall be unwilling so to act, or shall, if it is legally unable so to act, appoint or petition a court of competent jurisdiction to appoint, any established housing and home finance institution which is a Fannie Mae- or Freddie Mac-approved servicer and with respect to a successor to the Master Servicer only, having a net worth of not less than $50,000,000, as the successor to the Master Servicer hereunder in the assumption of all or any part of the responsibilities, duties or liabilities of the Master Servicer hereunder; provided, that the Trustee shall obtain a letter or other evidence each Rating Agency that the ratings, if any, on each of the Certificates will not be lowered as a result of the selection of the successor to the Master Servicer. Pending appointment of a successor to the Master Servicer hereunder, the Trustee shall act in such capacity as hereinabove provided. In connection with such appointment and assumption, the Trustee may make such arrangements for the compensation of such successor out of payments on the Mortgage Loans as it and such successor shall agree; provided, however, that the provisions of Section 6.05 shall apply, the compensation shall not be in excess of that which the Master Servicer would have been entitled to if the Master Servicer had continued to act hereunder, and that such successor shall undertake and assume the obligations of the Trustee to pay compensation to any third Person acting as an agent or independent contractor in the performance of master servicing responsibilities hereunder. The Trustee and such successor shall take such action, consistent with this Agreement, as shall be necessary to effectuate any such succession.
 
If the Master Servicer and the Trust Administrator are the same entity, then at any time the Master Servicer resigns or is removed as Master Servicer, the Trust Administrator shall also be removed hereunder. All reasonable Master Servicing Transfer Costs shall be paid by the predecessor Master Servicer upon presentation of reasonable documentation of such costs, and if such predecessor Master Servicer defaults in its obligation to pay such costs, such costs shall be paid by the successor Master Servicer or the Trustee (in which case the successor Master Servicer or the Trustee, as applicable, shall be entitled to reimbursement therefor from the assets of the Trust Fund).
 
(b)  If the Trustee shall succeed to any duties of the Master Servicer respecting the Mortgage Loans as provided herein, it shall do so in a separate capacity and not in its capacity as Trustee and, accordingly, the provisions of Article VIII shall be inapplicable to the Trustee in its duties as the successor to the Master Servicer in the master servicing of the Mortgage Loans (although such provisions shall continue to apply to the Trustee in its capacity as Trustee); the provisions of Article VI, however, shall apply to it in its capacity as successor Master Servicer.
 
SECTION 7.04  
Notification to Certificateholders.
 
(a)  Upon any termination of a Servicer or the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to a Servicer or Master Servicer pursuant to Section 7.02 and 7.03 above, the Trust Administrator, or in the event of the termination of the Master Servicer, the Trustee (or such other successor Trust Administrator) shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
 
(b)  Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Servicer Event of Default or a Master Servicer Event of Default or five days after a Responsible Officer of the Trust Administrator becomes aware of the occurrence of such an event, the Trust Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Servicer Event of Default or Master Servicer Event of Default shall have been cured or waived.
 
SECTION 7.05  
Waiver of Servicer Events of Default and Master Servicer Events of Termination.
 
Subject to Section 11.09(d), the Holders representing at least 66% of the Voting Rights evidenced by all Classes of Certificates affected by any default or Servicer Event of Default or Master Servicer Event of Default hereunder may waive such default or Servicer Event of Default; provided, however, that a default or Servicer Event of Default or Master Servicer Event of Default under clause (i) or (vi) of Section 7.01 may be waived only by all of the Holders of the Regular Certificates. Upon any such waiver of a default or Servicer Event of Default or Master Servicer Event of Default, such default or Servicer Event of Default or Master Servicer Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Servicer Event of Default or Master Servicer Event of Default or impair any right consequent thereon except to the extent expressly so waived.
 
ARTICLE VIII
 
CONCERNING THE TRUSTEE AND THE TRUST ADMINISTRATOR
 
SECTION 8.01  
Duties of Trustee and Trust Administrator.
 
The Trustee, prior to the occurrence of a Servicer Event of Default or Master Servicer Event of Default and after the curing of all Servicer Events of Default or Master Servicer Events of Default which may have occurred, undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. The Trust Administrator undertakes to perform such duties and only such duties as are specifically set forth in this Agreement. If a Servicer Event of Default or Master Servicer Event of Default, has occurred (which has not been cured) of which a Responsible Officer has knowledge, the Trustee shall exercise such of the rights and powers vested in it by this Agreement, and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. Any permissive right of the Trustee enumerated in this Agreement shall not be construed as a duty.
 
Each of the Trustee and the Trust Administrator, upon receipt of all resolutions, certificates, statements, opinions, reports, documents, orders or other instruments furnished to it, which are specifically required to be furnished pursuant to any provision of this Agreement, shall examine them to determine whether they conform to the requirements of this Agreement; provided, however, that neither the Trustee nor the Trust Administrator will be responsible for the accuracy or content of any such resolutions, certificates, statements, opinions, reports, documents or other instruments. If any such instrument is found not to conform to the requirements of this Agreement in a material manner, it shall take such action as it deems appropriate to have the instrument corrected, and if the instrument is not corrected to its satisfaction, it will provide notice thereof to the Certificateholders.
 
No provision of this Agreement shall be construed to relieve the Trustee or the Trust Administrator from liability for its own negligent action, its own negligent failure to act or its own misconduct; provided, however, that:
 
(i)  Prior to the occurrence of a Servicer Event of Default or Master Servicer Event of Default, and after the curing of all such Servicer Events of Default or Master Servicer Events of Default which may have occurred, the duties and obligations of each of the Trustee shall be determined solely by the express provisions of this Agreement, the Trustee shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trustee, in the absence of bad faith on the part of the Trustee, the Trustee, may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trustee, that conform to the requirements of this Agreement. The Trust Administrator shall not be liable except for the performance of such duties and obligations as are specifically set forth in this Agreement, no implied covenants or obligations shall be read into this Agreement against the Trust Administrator, in the absence of bad faith on the part of the Trust Administrator, the Trust Administrator, may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon any certificates or opinions furnished to the Trust Administrator, that conform to the requirements of this Agreement;
 
(ii)  Neither the Trustee nor the Trust Administrator shall be personally liable for any error of judgment made in good faith by a Responsible Officer or Responsible Officers of it unless it shall be proved that it was negligent in ascertaining the pertinent facts;
 
(iii)  Neither the Trustee nor the Trust Administrator shall be personally liable with respect to any action taken, suffered or omitted to be taken by it in good faith in accordance with the direction of the Holders of Certificates entitled to at least 25% of the Voting Rights relating to the time, method and place of conducting any proceeding for any remedy available to the it or exercising or omitting to exercise any trust or power conferred upon it, under this Agreement; and
 
(iv)  Neither the Trustee nor the Trust Administrator shall be required to take notice or be deemed to have notice or knowledge of any default, Servicer Event of Default or Master Servicer Event of Default unless a Responsible Officer of the Trustee or the Trust Administrator, as the case may be, shall have received written notice thereof or a Responsible Officer shall have actual knowledge thereof. In the absence of receipt of such notice or actual knowledge, the Trustee or Trust Administrator, as applicable, may conclusively assume there is no default.
 
Neither the Trustee nor the Trust Administrator shall be required to expend or risk its own funds or otherwise incur financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, in each case not including expenses, disbursements and advances incurred or made by the Trustee or the Trust Administrator, as applicable, including the compensation and the expenses and disbursements of its agents and counsel, in the ordinary course of the Trustee’s or the Trust Administrator’s, as the case may be, performance in accordance with the provisions of this Agreement, if there is reasonable ground for believing that the repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. With respect to the Trustee and the Trust Administrator, none of the provisions contained in this Agreement shall in any event require the Trustee or the Trust Administrator, as the case may be, to perform, or be responsible for the manner of performance of, any of the obligations of the Master Servicer under this Agreement, except during such time, if any, as the Trustee or the Trust Administrator, as applicable, shall be the successor to, and be vested with the rights, duties, powers and privileges of, the Master Servicer in accordance with the terms of this Agreement.
 
SECTION 8.02  
Certain Matters Affecting the Trustee and the Trust Administrator.
 
(a)  Except as otherwise provided in Section 8.01:
 
(i)  Each of the Trustee and the Trust Administrator and any director, officer, employee or agent of the Trustee or the Trust Administrator, as the case may be, may request and conclusively rely upon and shall be fully protected in acting or refraining from acting upon any resolution, Officers’ Certificate, certificate of auditors or any other certificate, statement, instrument, opinion, report, notice, request, consent, order, appraisal, bond or other paper or document reasonably believed by it to be genuine and to have been signed or presented by the proper party or parties;
 
(ii)  Each of the Trustee and the Trust Administrator, as the case may be, may consult with counsel of its selection and any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken or suffered or omitted by it hereunder in good faith and in accordance with such Opinion of Counsel;
 
(iii)  Neither the Trustee nor the Trust Administrator shall be under any obligation to exercise any of the trusts or powers vested in it by this Agreement or to institute, conduct or defend any litigation hereunder or in relation hereto at the request, order or direction of any of the Certificateholders, pursuant to the provisions of this Agreement, unless such Certificateholders shall have offered to the Trustee or the Trust Administrator, as applicable, security or indemnity satisfactory to it against the costs, expenses and liabilities which may be incurred therein or thereby; the right of the Trustee or the Trust Administrator to perform any discretionary act enumerated in this Agreement shall not be construed as a duty, and neither the Trustee nor the Trust Administrator shall be answerable for other than its negligence or willful misconduct in the performance of any such act; nothing contained herein shall, however, relieve the Trustee of the obligation, upon the occurrence of a Master Servicer Event of Default (which has not been cured or waived), to exercise such of the rights and powers vested in it by this Agreement, and to use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs;
 
(iv)  Neither the Trustee nor the Trust Administrator shall be personally liable for any action taken, suffered or omitted by it in good faith and believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Agreement;
 
(v)  Prior to the occurrence of a Servicer Event of Default or Master Servicer Event of Default hereunder, and after the curing of all Servicer Events of Default or Master Servicer Events of Default which may have occurred, neither the Trustee nor the Trust Administrator shall be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond or other paper or document, unless requested in writing to do so by the Holders of Certificates entitled to at least 25% of the Voting Rights; provided, however, that if the payment within a reasonable time to the Trustee or the Trust Administrator, as applicable, of the costs, expenses or liabilities likely to be incurred by it in the making of such investigation is, in the opinion of the Trustee or the Trust Administrator, as applicable, not reasonably assured to the Trustee or the Trust Administrator, as applicable, by such Certificateholders, the Trustee or the Trust Administrator, as applicable, may require indemnity satisfactory to it against such cost, expense, or liability from such Certificateholders as a condition to taking any such action;
 
(vi)  Each of the Trustee and the Trust Administrator may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys and neither the Trustee nor the Trust Administrator shall be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care;
 
(vii)  Neither the Trustee nor the Trust Administrator shall be personally liable for any loss resulting from the investment of funds held in the Collection Account at the direction of the related Servicer pursuant to Section 3.12; and
 
(viii)  Any request or direction of the Depositor, the Servicers or the Certificateholders mentioned herein shall be sufficiently evidenced in writing.
 
(b)  All rights of action under this Agreement or under any of the Certificates, enforceable by the Trustee or the Trust Administrator, may be enforced by it without the possession of any of the Certificates, or the production thereof at the trial or other proceeding relating thereto, and any such suit, action or proceeding instituted by the Trustee or the Trust Administrator shall be brought in its name for the benefit of all the Holders of such Certificates, subject to the provisions of this Agreement.
 
SECTION 8.03  
Neither the Trustee nor Trust Administrator Liable for Certificates or Mortgage Loans.
 
The recitals contained herein and in the Certificates (other than the signature of the Trust Administrator, on behalf of the Trustee, the authentication of the Trust Administrator on the Certificates, the acknowledgments of the Trustee and the Trust Administrator contained in Article II and the representations and warranties of the Trustee and the Trust Administrator in Section 8.12) shall be taken as the statements of the Depositor and neither the Trustee nor the Trust Administrator assumes any responsibility for their correctness. Neither the Trustee nor the Trust Administrator makes any representations or warranties as to the validity or sufficiency of this Agreement (other than as specifically set forth in Section 8.12) or of the Certificates (other than the signature of the Trust Administrator and authentication of the Trust Administrator on the Certificates) or of any Mortgage Loan or related document or of MERS or the MERS System. Neither the Trustee nor the Trust Administrator shall be accountable for the use or application by the Depositor of any of the Certificates or of the proceeds of such Certificates, or for the use or application of any funds paid to the Depositor, the Master Servicer or the Servicers in respect of the Mortgage Loans or deposited in or withdrawn from the Collection Account by the related Servicer or the Distribution Account by the Master Servicer.
 
SECTION 8.04  
Trustee and Trust Administrator May Own Certificates.
 
Each of the Trustee and the Trust Administrator in its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not the Trustee or the Trust Administrator, as applicable.
 
SECTION 8.05  
Trustee’s, Trust Administrator’s and Custodians’ Fees and Expenses.
 
(a)  The Trust Administrator shall be entitled to compensation as separately agreed with the Master Servicer. The Trustee’s fees will be paid by the Trust Administrator pursuant to a separate agreement between the Trustee and the Trust Administrator, and such compensation will not be an expense of the Trust. Each of the Trustee, the Trust Administrator, a Custodian and any director, officer, employee or agent of any of them, as applicable, shall be indemnified by the Trust Fund and held harmless against any loss, liability or expense (not including expenses, disbursements and advances incurred or made by the Trustee, the Trust Administrator or a Custodian, as applicable, including the compensation and the expenses and disbursements of its agents and counsel, in the ordinary course of the Trustee’s, the Trust Administrator’s or a Custodian’s, as the case may be, performance in accordance with the provisions of this Agreement) incurred by the Trustee, the Trust Administrator or a Custodian, as applicable, in connection with any claim or legal action or any pending or threatened claim or legal action arising out of or in connection with the acceptance or administration of its obligations and duties under this Agreement (or, in the case of a Custodian, under the applicable Custodial Agreement), other than any loss, liability or expense (i) resulting from any breach of any Servicer’s or the Master Servicer’s obligations in connection with this Agreement for which the Servicers shall indemnify the Trustee and the Trust Administrator pursuant to Section 8.05(b) and Section 10.03 (and in the case of the Trustee, resulting from any breach of the Trust Administrator’s obligations in connection with this Agreement for which the Trust Administrator shall indemnify the Trustee pursuant to Section 10.03(a) and in the case of the Trust Administrator, resulting from any breach of the Trustee’s obligations in connection with this Agreement for which the Trustee shall indemnify the Trust Administrator pursuant to Section 10.03(c)), (ii) that constitutes a specific liability of the Trustee or the Trust Administrator, as applicable, pursuant to Section 10.01(g) or (iii) any loss, liability or expense incurred by reason of willful misfeasance, bad faith or negligence in the performance of its duties hereunder or by reason of the Trustee’s or the Trust Administrator’s, as applicable, reckless disregard of obligations and duties hereunder (or, in the case of a Custodian, under the applicable Custodial Agreement) or as a result of a breach of the Trustee’s or the Trust Administrator’s, as applicable, obligations under Article X hereof (or, in the case of a Custodian, as a result of a breach of such Custodian’s obligations under the related Custodial Agreement). Any amounts payable to the Trustee, the Trust Administrator, a Custodian, or any director, officer, employee or agent of any of them in respect of the indemnification provided by this paragraph (a), or pursuant to any other right of reimbursement from the Trust Fund that the Trustee, the Trust Administrator, a Custodian or any director, officer, employee or agent of any of them may have hereunder in its capacity as such, may be withdrawn by the Trust Administrator for payment to the applicable indemnified Person from the Distribution Account at any time. The foregoing indemnity shall survive the resignation or removal of the Trustee or the Trust Administrator.
 
(b)  Each Servicer agrees to indemnify the Trustee, the Trust Administrator and any Custodian from, and hold each harmless against, any loss, liability or expense resulting from a breach of the Servicer’s obligations and duties under this Agreement. Such indemnity shall survive the termination or discharge of this Agreement and the resignation or removal of the Trustee, the Trust Administrator or such Custodian, as the case may be. Any payment hereunder made by each Servicer to the Trustee, the Trust Administrator or such Custodian shall be from the Servicer’s own funds, without reimbursement from the Trust Fund therefor.
 
SECTION 8.06  
Eligibility Requirements for Trustee and Trust Administrator.
 
Each of the Trustee and the Trust Administrator hereunder shall at all times be a corporation or an association organized and doing business under the laws of any state or the United States of America, authorized under such laws to exercise corporate trust powers, having a combined capital and surplus of at least $50,000,000 and subject to supervision or examination by federal or state authority. In case at any time the Trustee or the Trust Administrator shall cease to be eligible in accordance with the provisions of this Section, the Trustee or the Trust Administrator, as the case may be, shall resign immediately in the manner and with the effect specified in Section 8.07.
 
SECTION 8.07  
Resignation and Removal of the Trustee and the Trust Administrator.
 
Either of the Trustee or the Trust Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Depositor, the Master Servicer, the Servicers and the Certificateholders and, if the Trustee is resigning, to the Trust Administrator, or, if the Trust Administrator is resigning, to the Trustee. Upon receiving such notice of resignation, the Depositor shall promptly appoint a successor trustee or trust administrator (which may be the same Person in the event both the Trustee and the Trust Administrator resign or are removed) by written instrument, in duplicate, which instrument shall be delivered to the resigning Trustee or Trust Administrator, as applicable, and to the successor trustee or trust administrator, as applicable. A copy of such instrument shall be delivered to the Certificateholders, the Trustee or Trust Administrator, as applicable, and the Servicers by the Depositor. If no successor trustee or trust administrator shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or Trust Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or trust administrator, as applicable.
 
If the Trust Administrator and the Master Servicer are the same entity, then at any time the Trust Administrator resigns or is removed as Trust Administrator, the Master Servicer shall also be removed hereunder.
 
If at any time the Trustee or the Trust Administrator shall cease to be eligible in accordance with the provisions of Section 8.06 and shall fail to resign after written request therefor by the Depositor (or in the case of the Trust Administrator, the Trustee), or if at any time the Trustee or the Trust Administrator shall become incapable of acting, or shall be adjudged bankrupt or insolvent, or a receiver of the Trustee or the Trust Administrator or of its property shall be appointed, or any public officer shall take charge or control of the Trustee or the Trust Administrator or of its property or affairs for the purpose of rehabilitation, conservation or liquidation, then the Depositor or the Master Servicer (or in the case of the Trust Administrator, the Trustee) may remove the Trustee or the Trust Administrator, as applicable, and appoint a successor trustee or trust administrator (which may be the same Person in the event both the Trustee and the Trust Administrator resign or are removed) by written instrument, in duplicate, which instrument shall be delivered to the Trustee or Trust Administrator so removed and to the successor trustee or trust administrator. A copy of such instrument shall be delivered to the Certificateholders, the Trustee or the Trust Administrator, as applicable, and the Servicers by the Depositor.
 
The Holders of Certificates entitled to at least 51% of the Voting Rights may at any time remove the Trustee or the Trust Administrator and appoint a successor trustee or trust administrator by written instrument or instruments, in triplicate, signed by such Holders or their attorneys-in-fact duly authorized, one complete set of which instruments shall be delivered to the Depositor, one complete set to the Trustee or the Trust Administrator, as the case may be, so removed and one complete set to the successor so appointed. A copy of such instrument shall be delivered to the Certificateholders, the Master Servicer, the Servicers by the Depositor.
 
If no successor Trust Administrator shall have been appointed and shall have accepted appointment within 60 days after the Trust Administrator ceases to be the Trust Administrator pursuant to this Section 8.07, then the Trustee shall perform the duties of the Trust Administrator pursuant to this Agreement. The Trustee shall notify the Rating Agencies of any change of Trust Administrator.
 
Any resignation or removal of the Trustee or the Trust Administrator and appointment of a successor trustee or trust administrator, as the case may be, pursuant to any of the provisions of this Section shall not become effective until acceptance of appointment by the successor trustee or trust administrator as provided in Section 8.08. Notwithstanding the foregoing, in the event the Trust Administrator advises the Trustee that it is unable to continue to perform its obligations pursuant to the terms of this Agreement prior to the appointment of a successor, the Trustee shall be obligated to perform such obligations until a new trust administrator is appointed. Such performance shall be without prejudice to any claim by a party hereto or beneficiary hereof resulting from the Trust Administrator’s breach of its obligations hereunder. As compensation therefor, the Trustee shall be entitled to all fees the Trust Administrator would have been entitled to if it had continued to act hereunder.
 
Notwithstanding anything to the contrary contained herein, the Master Servicer and the Trust Administrator shall at all times be the same Person.
 
SECTION 8.08  
Successor Trustee or Trust Administrator.
 
Any successor trustee or trust administrator appointed as provided in Section 8.07 shall execute, acknowledge and deliver to the Depositor, the Master Servicer, the Trustee or the Trust Administrator, as applicable, and to its predecessor trustee or trust administrator an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor trustee or trust administrator shall become effective and such successor trustee or trust administrator, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder, with the like effect as if originally named as trustee or trust administrator herein. The predecessor trustee or trust administrator shall deliver to the successor trustee or trust administrator all Mortgage Files and related documents and statements, as well as all moneys, held by it hereunder and the Depositor and the predecessor trustee or trust administrator shall execute and deliver such instruments and do such other things as may reasonably be required for more fully and certainly vesting and confirming in the successor trustee or trust administrator all such rights, powers, duties and obligations.
 
No successor trustee or trust administrator shall accept appointment as provided in this Section unless at the time of such acceptance such successor trustee or trust administrator shall be eligible under the provisions of Section 8.06 and the appointment of such successor trustee or trust administrator shall not result in a downgrading of any Class of Certificates by the Rating Agencies, as evidenced by a letter from the Rating Agencies.
 
Upon acceptance of appointment by a successor trustee or trust administrator as provided in this Section, the Depositor shall mail notice of the succession of such trustee or trust administrator hereunder to all Holders of Certificates at their addresses as shown in the Certificate Register. If the Depositor fails to mail such notice within 10 days after acceptance of appointment by the successor trustee or trust administrator, the successor trustee or trust administrator shall cause such notice to be mailed at the expense of the Depositor.
 
SECTION 8.09  
Merger or Consolidation of Trustee or Trust Administrator.
 
Any corporation or association into which either the Trustee or the Trust Administrator may be merged or converted or with which it may be consolidated or any corporation or association resulting from any merger, conversion or consolidation to which the Trustee or the Trust Administrator, as the case may be, shall be a party, or any corporation or association succeeding to the business of the Trustee or the Trust Administrator, as applicable, shall be the successor of the Trustee or the Trust Administrator, as the case may be, hereunder, provided such corporation or association shall be eligible under the provisions of Section 8.06, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.
 
SECTION 8.10  
Appointment of Co-Trustee or Separate Trustee.
 
Notwithstanding any other provisions hereof, at any time, for the purpose of meeting any legal requirements of any jurisdiction in which any part of REMIC I or property securing the same may at the time be located, the Servicers and the Trustee acting jointly shall have the power and shall execute and deliver all instruments to appoint one or more Persons approved by the Trustee to act as co-trustee or co-trustees, jointly with the Trustee, or separate trustee or separate trustees, of all or any part of REMIC I, and to vest in such Person or Persons, in such capacity, such title to REMIC I, or any part thereof, and, subject to the other provisions of this Section 8.10, such powers, duties, obligations, rights and trusts as the Servicers and the Trustee may consider necessary or desirable. If such Servicer shall not have joined in such appointment within 15 days after the receipt by it of a request to do so, or in case a Servicer Event of Default shall have occurred and be continuing, the Trustee alone shall have the power to make such appointment. No co-trustee or separate trustee hereunder shall be required to meet the terms of eligibility as a successor trustee under Section 8.06 hereunder and no notice to Holders of Certificates of the appointment of co-trustee(s) or separate trustee(s) shall be required under Section 8.08 hereof.
 
In the case of any appointment of a co-trustee or separate trustee pursuant to this Section 8.10 all rights, powers, duties and obligations conferred or imposed upon the Trustee shall be conferred or imposed upon and exercised or performed by the Trustee and such separate trustee or co-trustee jointly, except to the extent that under any law of any jurisdiction in which any particular act or acts are to be performed by the Trustee (whether as Trustee hereunder or as successor to a defaulting Master Servicer hereunder), the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations (including the holding of title to REMIC I or any portion thereof in any such jurisdiction) shall be exercised and performed by such separate trustee or co-trustee at the direction of the Trustee.
 
Any notice, request or other writing given to the Trustee shall be deemed to have been given to each of the then separate trustees and co-trustees, as effectively as if given to each of them. Every instrument appointing any separate trustee or co-trustee shall refer to this Agreement and the conditions of this Article VIII. Each separate trustee and co-trustee, upon its acceptance of the trust conferred, shall be vested with the estates or property specified in its instrument of appointment, either jointly with the Trustee or separately, as may be provided therein, subject to all the provisions of this Agreement, specifically including every provision of this Agreement relating to the conduct of, affecting the liability of, or affording protection to, the Trustee. Every such instrument shall be filed with the Trustee.
 
Any separate trustee or co-trustee may, at any time, constitute the Trustee, its agent or attorney-in-fact, with full power and authority, to the extent not prohibited by law, to do any lawful act under or in respect of this Agreement on its behalf and in its name. If any separate trustee or co-trustee shall die, become incapable of acting, resign or be removed, all of its estates, properties, rights, remedies and trusts shall vest in and be exercised by the Trustee, to the extent permitted by law, without the appointment of a new or successor trustee.
 
SECTION 8.11  
[Reserved].
 
SECTION 8.12  
Appointment of Office or Agency.
 
The Trust Administrator will appoint an office or agency in the City of Minneapolis, Minnesota where the Certificates may be surrendered for registration of transfer or exchange, and presented for final distribution, and where notices and demands to or upon the Trust Administrator in respect of the Certificates and this Agreement may be served.
 
SECTION 8.13  
Representations and Warranties.
 
Each of the Trustee and the Trust Administrator hereby represents and warrants to the Servicers, the Depositor, the Master Servicer, the Trustee and the Trust Administrator, as applicable, as of the Closing Date, that:
 
(i)  It is a national banking association duly organized, validly existing and in good standing under the laws of the United States of America.
 
(ii)  The execution and delivery of this Agreement by it, and the performance and compliance with the terms of this Agreement by it, will not violate its articles of association or bylaws or constitute a default (or an event which, with notice or lapse of time, or both, would constitute a default) under, or result in the breach of, any material agreement or other instrument to which it is a party or which is applicable to it or any of its assets.
 
(iii)  It has the full power and authority to enter into and consummate all transactions contemplated by this Agreement, has duly authorized the execution, delivery and performance of this Agreement, and has duly executed and delivered this Agreement.
 
(iv)  This Agreement, assuming due authorization, execution and delivery by the other parties hereto, constitutes a valid, legal and binding obligation of it, enforceable against it in accordance with the terms hereof, subject to (A) applicable bankruptcy, insolvency, receivership, reorganization, moratorium and other laws affecting the enforcement of creditors’ rights generally, and (B) general principles of equity, regardless of whether such enforcement is considered in a proceeding in equity or at law.
 
(v)  It is not in violation of, and its execution and delivery of this Agreement and its performance and compliance with the terms of this Agreement will not constitute a violation of, any law, any order or decree of any court or arbiter, or any order, regulation or demand of any federal, state or local governmental or regulatory authority, which violation, in its good faith and reasonable judgment, is likely to affect materially and adversely either the ability of the it to perform its obligations under this Agreement or the financial condition of it.
 
(vi)  No litigation is pending or, to the best of its knowledge, threatened against it which would prohibit it from entering into this Agreement or, in its good faith reasonable judgment, is likely to materially and adversely affect either the ability of it to perform its obligations under this Agreement or the financial condition of it.
 
SECTION 8.14  
[Reserved].
 
SECTION 8.15  
No Trustee or Trust Administrator Liability for Actions or Inactions of Custodians.
 
Notwithstanding anything to the contrary herein, in no event shall the Trustee or the Trust Administrator be liable to any party hereto or to any third party for the performance of any custody-related functions with respect to which the applicable Custodian shall fail to take action on behalf of the Trustee or Trust Administrator, as the case may be, or, with respect to which the performance of custody-related functions pursuant to the terms of the custodial agreement with the applicable Custodian shall fail to satisfy all the related requirements under this Agreement.
 
ARTICLE IX
 
TERMINATION
 
SECTION 9.01  
Termination Upon Repurchase or Liquidation of the Mortgage Loans.
 
(a)  Subject to Section 9.02, the respective obligations and responsibilities under this Agreement of the Depositor, the Master Servicer, the Servicers, the Trustee and the Trust Administrator with respect to the Mortgage Loans (other than the obligations of the Servicers and the Master Servicer to the Trustee and the Trust Administrator pursuant to Section 8.05 and of the Servicers to provide for and the Trust Administrator to make payments in respect of the REMIC I Regular Interests and the Classes of Certificates as hereinafter set forth) the Trust Fund shall terminate upon payment to the Certificateholders and the deposit of all amounts held by or on behalf of the Trustee or the Trust Administrator and required hereunder to be so paid or deposited on the Distribution Date coinciding with or following the earlier to occur of (i) the purchase by the Terminator, as defined below, (on a servicing retained basis) of all Mortgage Loans and each related REO Property remaining in REMIC I and (ii) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan or related REO Property remaining in REMIC I; provided, however, that in no event shall the trust created hereby continue beyond the earlier of (a) the expiration of 21 years from the death of the last survivor of the descendants of Joseph P. Kennedy, the late ambassador of the United States to the Court of St. James, living on the date hereof and (b) the Latest Possible Maturity Date (as defined in the Preliminary Statement).
 
Subject to Section 3.10 hereof, the purchase by the Terminator of all Mortgage Loans and each REO Property remaining in REMIC I shall be at a price equal to the greater of (i) the Stated Principal Balance of the Mortgage Loans and the appraised value of any REO Properties (such appraisal to be conducted by an appraiser mutually agreed upon by the Servicers and the Trust Administrator) and (ii) the fair market value of the Mortgage Loans and the REO Properties (as determined by the Servicers, with the consent of the Trust Administrator as of the close of business on the third Business Day next preceding the date upon which notice of any such termination is furnished to the related Certificateholders pursuant to Section 9.01(c)), in each case plus accrued and unpaid interest thereon at the weighted average of the Mortgage Rates through the end of the Due Period preceding the final Distribution Date plus unreimbursed Servicing Advances allocable to such Mortgage Loans and REO Properties (the “Termination Price”); provided, however, such option may only be exercised if the Termination Price is sufficient to result in the payment of all interest accrued on, as well as amounts necessary to retire the principal balance of, each class of notes issued pursuant to the Indenture.
 
(b)  The Master Servicer, shall have the right (the party exercising such right, the “Terminator”), to purchase all of the Mortgage Loans and each REO Property remaining in REMIC I pursuant to clause (i) of the preceding paragraph no later than the Determination Date in the month immediately preceding the Distribution Date on which the Certificates will be retired; provided, however, that the Terminator may elect to purchase all of the Mortgage Loans and each REO Property remaining in REMIC I pursuant to clause (i) above only if the aggregate Stated Principal Balance of the Mortgage Loans and each REO Property remaining in the Trust Fund at the time of such election is reduced to less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date. By acceptance of a Residual Certificate, the Holders of the Residual Certificates agree, in connection with any termination hereunder, to assign and transfer any amounts in excess of par, and to the extent received in respect of such termination, to pay any such amounts to the Holders of the Class CE Certificates. In addition, to the extent that the Master Servicer has not exercised such opton within three months of its ability to do so, any of the Servicers may exercise such option.
 
(c)  Notice of the liquidation of any Certificates shall be given promptly by the Trust Administrator by letter to the related Certificateholders mailed (a) in the event such notice is given in connection with the purchase of the Mortgage Loans and each related REO Property remaining in REMIC I by the Terminator, not earlier than the 15th day and not later than the 25th day of the month next preceding the month of the final distribution on the related Certificates or (b) otherwise during the month of such final distribution on or before the Determination Date in such month, in each case specifying (i) the Distribution Date upon which REMIC I will terminate and final payment of the Certificates and will be made upon presentation and surrender of the Certificates at the office of the Trust Administrator therein designated, (ii) the amount of any such final payment, (iii) that no interest shall accrue in respect of the Certificates from and after the Interest Accrual Period relating to the final Distribution Date therefor and (iv) that the Record Date otherwise applicable to such Distribution Date is not applicable, payments being made only upon presentation and surrender of the Certificates at the office of the Trust Administrator. In the event such notice is given in connection with the purchase of all of the Mortgage Loans and each REO Property remaining in REMIC I by the Terminator, the Terminator shall deliver to the Trust Administrator for deposit in the Distribution Account not later than the last Business Day of the month next preceding the month in which such distribution will be made an amount in immediately available funds equal to the Termination Price. The Trust Administrator shall remit to the Servicers from such funds deposited in the Distribution Account (i) any amounts which the Servicer would be permitted to withdraw and retain from the Collection Account pursuant to Section 3.11 and (ii) any other amounts otherwise payable by the Trust Administrator to the Servicer from amounts on deposit in the Distribution Account pursuant to the terms of this Agreement, in each case prior to making any final distributions pursuant to Section 9.01(d) below. Upon certification to the Trust Administrator by a Servicing Officer of the making of such final deposit, the Trust Administrator shall promptly release or cause to be released to the related Terminator the Mortgage Files for the remaining Mortgage Loans and the Trustee shall execute all assignments, endorsements and other instruments delivered to it which are necessary to effectuate such transfer.
 
(d)  Upon receipt of notice by the Trust Administrator of the presentation of the Certificates by the Certificateholders on the related final Distribution Date to the Trust Administrator, the Trust Administrator shall distribute to each Certificateholder so presenting and surrendering its Certificates the amount otherwise distributable on such Distribution Date in accordance with Section 4.01 in respect of the Certificates so presented and surrendered. Any funds not distributed to any Holder or Holders of Certificates being retired on such Distribution Date because of the failure of such Holder or Holders to tender their Certificates shall, on such date, be set aside and held in trust by the Trust Administrator and credited to the account of the appropriate non-tendering Holder or Holders. If any Certificates as to which notice has been given pursuant to this Section 9.01 shall not have been surrendered for cancellation within six months after the time specified in such notice, the Trust Administrator shall mail a second notice to the remaining non-tendering Certificateholders to surrender their Certificates for cancellation in order to receive the final distribution with respect thereto. If within one year after the second notice all such Certificates shall not have been surrendered for cancellation, the Trust Administrator shall, directly or through an agent, mail a final notice to remaining related non-tendering Certificateholders concerning surrender of their Certificates. The costs and expenses of maintaining the funds in trust and of contacting such Certificateholders shall be paid out of the assets remaining in the trust funds. If within one year after the final notice any such Certificates shall not have been surrendered for cancellation, the Trust Administrator shall pay to Citigroup Global Markets Inc. all such amounts, and all rights of non-tendering Certificateholders in or to such amounts shall thereupon cease. No interest shall accrue or be payable to any Certificateholder on any amount held in trust by the Trust Administrator as a result of such Certificateholder’s failure to surrender its Certificate(s) for final payment thereof in accordance with this Section 9.01.
 
Immediately following the deposit of funds in trust hereunder in respect of each of the Certificates the Trust Fund shall terminate.
 
SECTION 9.02  
Additional Termination Requirements.
 
(a)  In the event that the Terminator purchases all the Mortgage Loans and each REO Property, REMIC I shall be terminated, in each case in accordance with the following additional requirements (or in connection with the final payment on or other liquidation of the last Mortgage Loan or REO Property remaining in REMIC I, the additional requirement specified in clause (i) below):
 
(i)  The Trust Administrator shall specify the first day in the 90-day liquidation period in a statement attached to REMIC I’s final Tax Return pursuant to Treasury regulation Section 1.860F-1, and such termination shall satisfy all requirements of a qualified liquidation under Section 860F of the Code and any regulations thereunder, as evidenced by an Opinion of Counsel obtained at the expense of the Servicers;
 
(ii)  During such 90-day liquidation period, and at or prior to the time of making of the final payment on the Certificates, the Trustee shall sell all of the assets of REMIC I to the Terminator for cash; and
 
(iii)  At the time of the making of the final payment on the related Certificates, the Trust Administrator shall distribute or credit, or cause to be distributed or credited, to the Holders of the Class R Certificates all cash on hand in REMIC I (other than cash retained to meet claims), and REMIC I shall terminate at that time.
 
(b)  At the expense of the Terminator (or in the event of termination under Section 9.01(a)(ii), at the expense of the Servicers), the Trust Administrator shall prepare or cause to be prepared the documentation required in connection with the adoption of a plan of liquidation of REMIC I pursuant to this Section 9.02.
 
(c)  By their acceptance of Certificates, the Holders thereof hereby agree to authorize the Trust Administrator to specify the 90-day liquidation period for REMIC I which authorization shall be binding upon all successor Certificateholders.
 
ARTICLE X
 
REMIC PROVISIONS
 
SECTION 10.01  
REMIC Administration.
 
(a)  The Trustee shall elect to treat each REMIC created hereunder as a REMIC under the Code and, if necessary, under applicable state law. Such election will be made by the Trustee on Form 1066 or other appropriate federal tax or information return or any appropriate state return for the taxable year ending on the last day of the calendar year in which the Certificates are issued. For the purposes of the REMIC election in respect of REMIC I, the REMIC I Regular Interests shall be designated as the Regular Interests in REMIC I and the Class R-I Interest shall be designated as the Residual Interest in REMIC I. The Floating Rate Certificates, the Fixed Rate Certificates, the Class CE Interest and the Class P Interest shall be designated as the Regular Interests in REMIC II and the Class R-II Interest shall be designated as the Residual Interest in REMIC II. The Class CE Certificates shall be designated as the Regular Interests in REMIC III and the Class R-III Interest shall be designated as the Residual Interest in REMIC III. The Class P Certificates shall be designated as the Regular Interests in REMIC IV and the Class R-IV Interest shall be designated as the Residual Interest in REMIC IV. Neither the Trustee nor the Trust Administrator shall permit the creation of any “interests” in any Trust REMIC (within the meaning of Section 860G of the Code) other than the REMIC Regular Interests and the interests represented by the Certificates.
 
(b)  The Closing Date is hereby designated as the “Startup Day” of each Trust REMIC created hereunder within the meaning of Section 860G(a)(9) of the Code.
 
(c)  The Trust Administrator shall pay any and all expenses relating to any tax audit of the Trust Fund (including, but not limited to, any professional fees or any administrative or judicial proceedings with respect to any Trust REMIC that involve the Internal Revenue Service or state tax authorities), and shall be entitled to reimbursement from the Trust therefor to the extent permitted under Section 8.05. The Trust Administrator, as agent for any Trust REMIC’s tax matters person, shall (i) act on behalf of the Trust Fund in relation to any tax matter or controversy involving any Trust REMIC and (ii) represent the Trust Fund in any administrative or judicial proceeding relating to an examination or audit by any governmental taxing authority with respect thereto. The holder of the largest Percentage Interest of the Residual Certificates shall be designated, in the manner provided under Treasury regulations section 1.860F-4(d) and Treasury regulations section 301.6231(a)(7)-1, as the tax matters person of the related REMIC created hereunder. By its acceptance thereof, the holder of the largest Percentage Interest of the Residual Certificates hereby agrees to irrevocably appoint the Trust Administrator or an Affiliate as its agent to perform all of the duties of the tax matters person for the Trust Fund.
 
(d)  The Trust Administrator shall prepare and the Trustee at the direction of the Trust Administrator shall sign and the Trust Administrator shall file all of the Tax Returns in respect of the REMIC created hereunder. The expenses of preparing and filing such returns shall be borne by the Trust Administrator without any right of reimbursement therefor. Each Servicer shall provide on a timely basis to the Trust Administrator or its designee such information with respect to the assets of the Trust Fund as is in its possession and reasonably required by the Trust Administrator to enable it to perform its obligations under this Article.
 
(e)  The Trust Administrator shall perform on behalf of any Trust REMIC all reporting and other tax compliance duties that are the responsibility of the REMIC under the Code, the REMIC Provisions or other compliance guidance issued by the Internal Revenue Service or any state or local taxing authority including the filing of Form 8811 with the Internal Revenue Service within 30 days following the Closing Date. Among its other duties, as required by the Code, the REMIC Provisions or other such compliance guidance, the Trust Administrator shall provide (i) to any Transferor of a Residual Certificate such information as is necessary for the application of any tax relating to the transfer of a Residual Certificate to any Person who is not a Permitted Transferee, (ii) to the Certificateholders such information or reports as are required by the Code or the REMIC Provisions including reports relating to interest, original issue discount and market discount or premium (using the Prepayment Assumption as required) and (iii) to the Internal Revenue Service the name, title, address and telephone number of the person who will serve as the representative of any Trust REMIC. Each Servicer shall provide on a timely basis to the Trust Administrator such information with respect to the assets of the Trust Fund, including, without limitation, the Mortgage Loans, as is in its possession and reasonably required by the Trust Administrator to enable it to perform its obligations under this subsection. In addition, the Depositor shall provide or cause to be provided to the Trust Administrator, within ten (10) days after the Closing Date, all information or data that the Trust Administrator reasonably determines to be relevant for tax purposes as to the valuations and issue prices of the Certificates, including, without limitation, the price, yield, Prepayment Assumption and projected cash flow of the Certificates.
 
(f)  The Trustee, the Master Servicer, the Trust Administrator, the Servicers and the Holders of Certificates shall take such action or cause the Trust REMIC to take such action as shall be necessary to create or maintain the status thereof as a REMIC under the REMIC Provisions. The Trustee, the Trust Administrator, the Master Servicer and the Servicers shall not take any action or cause the Trust Fund 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 each Trust REMIC as a REMIC or (ii) result in the imposition of a tax upon the Trust Fund (including but not limited to the tax on prohibited transactions as defined in Section 860F(a)(2) of the Code and the tax on contributions to a REMIC set forth in Section 860G(d) of the Code) (either such event, an “Adverse REMIC Event”) unless the Trustee has received an Opinion of Counsel, addressed to the Trustee and the Trust Administrator (at the expense of the party seeking to take such action but in no event at the expense of the Trustee or the Trust Administrator) to the effect that the contemplated action will not, with respect to any Trust REMIC, endanger such status or result in the imposition of such a tax, nor shall any Servicer take or fail to take any action (whether or not authorized hereunder) as to which the Trustee or the Trust Administrator has advised it in writing that it has received an Opinion of Counsel to the effect that an Adverse REMIC Event could occur with respect to such action; provided that a Servicer may conclusively rely on such Opinion of Counsel and shall incur no liability for its action or failure to act in accordance with such Opinion of Counsel. In addition, prior to taking any action with respect to any Trust REMIC or the respective assets of each, or causing any Trust REMIC to take any action, which is not contemplated under the terms of this Agreement, a Servicer will consult with the Trustee, the Master Servicer and the Trust Administrator or their designee, in writing, with respect to whether such action could cause an Adverse REMIC Event to occur with respect to any Trust REMIC and such Servicer shall not take any such action or cause any Trust REMIC to take any such action as to which the Trustee, the Master Servicer or the Trust Administrator has advised it in writing that an Adverse REMIC Event could occur; provided that such Servicer may conclusively rely on such writing and shall incur no liability for its action or failure to act in accordance with such writing. The Trust Administrator, the Master Servicer and the Trustee may consult with counsel to make such written advice, and the cost of same shall be borne by the party seeking to take the action not permitted by this Agreement, but in no event shall such cost be an expense of the Trustee, the Master Servicer or the Trust Administrator. At all times as may be required by the Code, the Trustee, the Trust Administrator and the Servicers will ensure that substantially all of the assets of REMIC I will consist of “qualified mortgages” as defined in Section 860G(a)(3) of the Code and “permitted investments” as defined in Section 860G(a)(5) of the Code, to the extent such obligations are within the Trustee’s, Trust Administrator’s or Servicer’s, as applicable, control and not otherwise inconsistent with the terms of this Agreement.
 
(g)  In the event that any tax is imposed on “prohibited transactions” of the REMIC created hereunder as defined in Section 860F(a)(2) of the Code, on the “net income from foreclosure property” of the REMIC as defined in Section 860G(c) of the Code, on any contributions to the REMIC after the Startup Day therefor pursuant to Section 860G(d) of the Code, or any other tax is imposed by the Code or any applicable provisions of state or local tax laws, such tax shall be charged (i) to the Trust Administrator pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Trust Administrator of any of its obligations under this Article X, (ii) to the Trustee pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Trustee of any of its obligations under this Article X, (iii) to the Master Servicer pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the Master Servicer of any of its obligations under Article III, Article IIIA or this Article X, (iv) to the related Servicer pursuant to Section 10.03 hereof, if such tax arises out of or results from a breach by the related Servicer of any of its obligations under Article III or this Article X, or otherwise (v) against amounts on deposit in the Distribution Account and shall be paid by withdrawal therefrom.
 
(h)  [Reserved].
 
(i)  The Trust Administrator shall, for federal income tax purposes, maintain books and records with respect to any Trust REMIC on a calendar year and on an accrual basis.
 
(j)  Following the Startup Day, the Servicers, the Master Servicer, the Trustee and the Trust Administrator shall not accept any contributions of assets to any Trust REMIC other than in connection with any Qualified Substitute Mortgage Loan delivered in accordance with Section 2.03 unless it shall have received an Opinion of Counsel to the effect that the inclusion of such assets in the Trust Fund will not cause the REMIC to fail to qualify as a REMIC at any time that any Certificates are outstanding or subject the REMIC to any tax under the REMIC Provisions or other applicable provisions of federal, state and local law or ordinances.
 
(k)  None of the Trustee, the Trust Administrator, the Master Servicer or the Servicers shall enter into any arrangement by which any Trust REMIC will receive a fee or other compensation for services nor permit either such REMIC to receive any income from assets other than “qualified mortgages” as defined in Section 860G(a)(3) of the Code or “permitted investments” as defined in Section 860G(a)(5) of the Code.
 
SECTION 10.02  
Prohibited Transactions and Activities.
 
None of the Depositor, the Master Servicer, the Servicers, the Trust Administrator or the Trustee shall sell, dispose of or substitute for any of the Mortgage Loans (except in connection with (i) the foreclosure of a Mortgage Loan, including but not limited to, the acquisition or sale of a Mortgaged Property acquired by deed in lieu of foreclosure, (ii) the bankruptcy of any Trust REMIC, (iii) the termination of any Trust REMIC pursuant to Article IX of this Agreement, (iv) a substitution pursuant to Article II of this Agreement or (v) a purchase of Mortgage Loans pursuant to Article II or III of this Agreement), nor acquire any assets for any Trust REMIC (other than REO Property acquired in respect of a defaulted Mortgage Loan), nor sell or dispose of any investments in the Collection Account or the Distribution Account for gain, nor accept any contributions to any Trust REMIC after the Closing Date (other than a Qualified Substitute Mortgage Loan delivered in accordance with Section 2.03), unless it has received an Opinion of Counsel, addressed to the Trustee and the Trust Administrator (at the expense of the party seeking to cause such sale, disposition, substitution, acquisition or contribution but in no event at the expense of the Trustee or the Trust Administrator) that such sale, disposition, substitution, acquisition or contribution will not (a) affect adversely the status of any Trust REMIC as a REMIC or (b) cause any Trust REMIC to be subject to a tax on “prohibited transactions” or “contributions” pursuant to the REMIC Provisions.
 
SECTION 10.03  
Servicer, Master Servicer, Trustee and Trust Administrator Indemnification.
 
(a)  The Trust Administrator agrees to indemnify the Trust Fund, the Depositor, the Master Servicer, the Servicers and the Trustee for any taxes and costs including, without limitation, any reasonable attorneys fees imposed on or incurred by the Trust Fund, the Depositor, the Master Servicer, the Servicers or the Trustee as a result of a breach of the Trust Administrator’s covenants set forth in this Article X.
 
(b)  Each Servicer agrees to indemnify the Trust Fund, the Depositor, the Master Servicer, the Trust Administrator and the Trustee for any taxes and costs including, without limitation, any reasonable attorneys’ fees imposed on or incurred by the Trust Fund, the Depositor, the Master Servicer, the Trust Administrator or the Trustee, as a result of a breach of the Servicer’s covenants set forth in Article III (other than Section 3.20 or Section 3.21) or this Article X.
 
(c)  The Trustee agrees to indemnify the Trust Fund, the Depositor, the Master Servicer, the Trust Administrator and the Servicers for any taxes and costs including, without limitation, any reasonable attorneys’ fees imposed on or incurred by the Trust Fund, the Depositor, the Master Servicer, the Trust Administrator or the Servicer, as a result of a breach of the Trustee’s covenants set forth in this Article X.
 
(d)  The Master Servicer agrees to indemnify the Trust Fund, the Depositor, the Servicers, the Trust Administrator and the Trustee for any taxes and costs including, without limitation, any reasonable attorneys’ fees imposed on or incurred by the Trust Fund, the Depositor, the Servicers, the Trust Administrator or the Trustee, as a result of a breach of the Master Servicer’s covenants set forth in Article III (other than Section 3.20 or Section 3.21) or this Article X.
 

 
ARTICLE XI
 
MISCELLANEOUS PROVISIONS
 
SECTION 11.01  
Amendment.
 
This Agreement may be amended from time to time by the Depositor, the Master Servicer, the Servicers, the Trustee and the Trust Administrator without the consent of any of the Certificateholders, (i) to cure any ambiguity or defect, (ii) to correct, modify or supplement any provisions herein (including to give effect to the expectations of Certificateholders) or (iii) to make any other provisions with respect to matters or questions arising under this Agreement which shall not be inconsistent with the provisions of this Agreement, provided that such action shall not, as evidenced by either (a) an Opinion of Counsel delivered to the Master Servicer, the Trustee and the Trust Administrator, adversely affect in any material respect the interests of any Certificateholder or (b) written notice to the Depositor, the Master Servicer, the Servicers, the Trustee and the Trust Administrator from the Rating Agencies that such action will not result in the reduction or withdrawal of the rating of any outstanding Class of Certificates with respect to which it is a Rating Agency). No amendment shall be deemed to adversely affect in any material respect the interests of any Certificateholder who shall have consented thereto, and no Opinion of Counsel or Rating Agency confirmation shall be required to address the effect of any such amendment on any such consenting Certificateholder.
 
This Agreement may also be amended from time to time by the Depositor, the Master Servicer, the Servicers, the Trustee and the Trust Administrator with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of the Holders of Certificates; provided, however, that no such amendment shall (i) reduce in any manner the amount of, or delay the timing of, payments received on Mortgage Loans which are required to be distributed on any Certificate without the consent of the Holder of such Certificate, (ii) adversely affect in any material respect the interests of the Holders of any Class of Certificates (as evidenced by either (i) an Opinion of Counsel delivered to the Master Servicer, the Trustee and Trust Administrator or (ii) written notice to the Depositor, the Master Servicer, the Servicers, the Trustee and the Trust Administrator from the Rating Agencies that such action will not result in the reduction or withdrawal of the rating of any outstanding Class of Certificates with respect to which it is a Rating Agency) in a manner, other than as described in (i), without the consent of the Holders of Certificates of such Class evidencing at least 66% of the Voting Rights allocated to such Class, or (iii) modify the consents required by the immediately preceding clauses (i) and (ii) without the consent of the Holders of all Certificates then outstanding. Notwithstanding any other provision of this Agreement, for purposes of the giving or withholding of consents pursuant to this Section 11.01, Certificates registered in the name of the Depositor, the Master Servicer or the Servicers or any Affiliate thereof shall be entitled to Voting Rights with respect to matters affecting such Certificates.
 
Notwithstanding any contrary provision of this Agreement, neither the Trustee nor the Trust Administrator shall consent to any amendment to this Agreement unless it shall have first received an Opinion of Counsel to the effect that such amendment will not result in the imposition of any tax on any Trust REMIC pursuant to the REMIC Provisions or cause any Trust REMIC to fail to qualify as a REMIC at any time that any Certificates are outstanding.
 
Prior to executing any amendment pursuant to this Section, the Master Servicer, the Trustee and the Trust Administrator shall be entitled to receive an Opinion of Counsel (provided by the Person requesting such amendment) to the effect that such amendment is authorized or permitted by this Agreement.
 
Promptly after the execution of any such amendment the Trust Administrator shall furnish a copy of such amendment to each Certificateholder.
 
It shall not be necessary for the consent of Certificateholders under this Section 11.01 to approve the particular form of any proposed amendment, but it shall be sufficient if such consent shall approve the substance thereof. The manner of obtaining such consents and of evidencing the authorization of the execution thereof by Certificateholders shall be subject to such reasonable regulations as the Trust Administrator may prescribe.
 
The cost of any Opinion of Counsel to be delivered pursuant to this Section 11.01 shall be borne by the Person seeking the related amendment, but in no event shall such Opinion of Counsel be an expense of the Trustee or the Trust Administrator.
 
Notwithstanding the foregoing, each of the Trustee and Trust Administrator may, but shall not be obligated to enter into any amendment pursuant to this Section that affects its rights, duties and immunities under this Agreement or otherwise.
 
SECTION 11.02  
Recordation of Agreement; Counterparts.
 
To the extent permitted by applicable law, this Agreement is subject to recordation in all appropriate public offices for real property records in all the counties or other comparable jurisdictions in which any or all of the properties subject to the Mortgages are situated, and in any other appropriate public recording office or elsewhere, such recordation to be effected by the Servicers at the expense of the Certificateholders, but only upon direction of Certificateholders accompanied by an Opinion of Counsel to the effect that such recordation materially and beneficially affects the interests of the Certificateholders.
 
For the purpose of facilitating the recordation of this Agreement as herein provided and for other purposes, this Agreement may be executed simultaneously in any number of counterparts, each of which counterparts shall be deemed to be an original, and such counterparts shall constitute but one and the same instrument.
 
SECTION 11.03  
Limitation on Rights of Certificateholders.
 
The death or incapacity of any Certificateholder shall not operate to terminate this Agreement or the Trust Fund, nor entitle such Certificateholder’s legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust Fund, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.
 
No Certificateholder shall have any right to vote (except as expressly provided for herein) or in any manner otherwise control the operation and management of the Trust Fund, or the obligations of the parties hereto, nor shall anything herein set forth, or contained in the terms of any of the Certificates, be construed so as to constitute the Certificateholders from time to time as partners or members of an association; nor shall any Certificateholder be under any liability to any third person by reason of any action taken by the parties to this Agreement pursuant to any provision hereof.
 
No Certificateholder shall have any right by virtue of any provision of this Agreement to institute any suit, action or proceeding in equity or at law upon or under or with respect to this Agreement, unless (i) such Holder previously shall have given to the Trustee and Trust Administrator a written notice of default and of the continuance thereof, as hereinbefore provided, and (ii) the Holders of Certificates entitled to at least 25% of the Voting Rights shall have made written request upon the Trustee and the Trust Administrator to institute such action, suit or proceeding in its own name as Trustee or Trust Administrator hereunder and shall have offered to the Trustee or the Trust Administrator, as applicable, such indemnity satisfactory to it against the costs, expenses and liabilities to be incurred therein or thereby, and the Trustee or the Trust Administrator, for 15 days after its receipt of such notice, request and offer of indemnity, shall have neglected or refused to institute any such action, suit or proceeding. It is understood and intended, and expressly covenanted by each Certificateholder with every other Certificateholder, the Trustee and the Trust Administrator, that no one or more Holders of Certificates shall have any right in any manner whatsoever by virtue of any provision of this Agreement to affect, disturb or prejudice the rights of the Holders of any other of such Certificates, or to obtain or seek to obtain priority over or preference to any other such Holder, or to enforce any right under this Agreement, except in the manner herein provided and for the equal, ratable and common benefit of all Certificateholders. For the protection and enforcement of the provisions of this Section, each and every Certificateholder, the Trustee and the Trust Administrator shall be entitled to such relief as can be given either at law or in equity.
 
SECTION 11.04  
Governing Law.
 
This Agreement shall be construed in accordance with the laws of the State of New York and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.
 
SECTION 11.05  
Notices.
 
All directions, demands and notices hereunder shall be sent (i) via facsimile (with confirmation of receipt) or (ii) in writing and shall be deemed to have been duly given when received if personally delivered at or mailed by first class mail, postage prepaid, or by express delivery service or delivered in any other manner specified herein, to (a) in the case of the Depositor, 390 Greenwich Street, New York, New York 10013, Attention: Mortgage Finance Group (telecopy number (212) 723-8604), or such other address or telecopy number as may hereafter be furnished to the Master Servicer, the Servicers, the Trust Administrator and the Trustee in writing by the Depositor, (b) in the case of Ameriquest, 1100 Town & Country Road, 11th Floor, Orange, California 92868, Attention: General Counsel (telecopy number: (714) 564-9639), or such other address or telecopy number as may hereafter be furnished to the Master Servicer, the Trustee, the Trust Administrator and the Depositor in writing by Ameriquest, (c) in the case of Wells Fargo, as Servicer, 1 Home Campus, Des Moines, IA 50328-0001, Attention: John B. Brown, MAC X 2302-033, (telecopy number: (515) 324-3118), with a copy to General Counsel, 1 Home Campus, Des Moines, IA 50328-0001, MAC X 2401-06T, (telecopy number: (515) 213-5192), or such other address or telecopy number as may hereafter be furnished to the Master Servicer, the Trustee, the Trust Administrator and the Depositor in writing by Wells Fargo, as Servicer (d) in the case of Opteum, Opteum Financial Services, LLC W115 Century Road Paramus, NJ 07652 Attention: Legal or such other address or telecopy number as may hereafter be furnished to the Master Servicer, the Trustee, the Trust Administrator and the Depositor in writing by Opteum, (e) in the case of the Master Servicer or the Trust Administrator, Wells Fargo Bank, N.A., P.O. Box 98, Columbia, Maryland 21046, Attention: Client Manager - CMLTI 2006-FX1 (telecopy (410) 715-2380), with a copy to Wells Fargo Bank, N.A., 9062 Old Annapolis Road, Columbia, Maryland, 21045, Attention: Client Manager (telecopy number (410) 715-2380), with a copy to Well Fargo Bank, N.A., Sixth Street and Marquette Avenue, Minneapolis, Minnesota 554479, Attention: Client Manager - CMLTI 2006-FX1 or such other address or telecopy number as may hereafter be furnished to the Trustee, the Servicers and the Depositor in writing by the Trust Administrator or Master Servicer and (f) in the case of the Trustee, U.S. Bank National Association, One Federal Street, 3rd Floor, Boston, Massachusetts 02110, Attention: Structured Finance/CMLTI 2006-FX1 (telecopy number (617) 603-6637), or such other address or telecopy number as may hereafter be furnished to the Master Servicer, the Servicers, the Trust Administrator and the Depositor in writing by the Trustee. Any notice required or permitted to be given to a Certificateholder shall be given by first class mail, postage prepaid, at the address of such Holder as shown in the Certificate Register. Any notice so mailed within the time prescribed in this Agreement shall be conclusively presumed to have been duly given when mailed, whether or not the Certificateholder receives such notice. A copy of any notice required to be telecopied hereunder also shall be mailed to the appropriate party in the manner set forth above.
 
SECTION 11.06  
Severability of Provisions.
 
If any one or more of the covenants, agreements, provisions or terms of this Agreement shall be for any reason whatsoever held invalid, then such covenants, agreements, provisions or terms shall be deemed severable from the remaining covenants, agreements, provisions or terms of this Agreement and shall in no way affect the validity or enforceability of the other provisions of this Agreement or of the Certificates or the rights of the Holders thereof.
 
SECTION 11.07  
Notice to Rating Agencies.
 
The Trust Administrator shall use its best efforts promptly to provide notice to the Rating Agencies, and the Servicers shall use its best efforts promptly to provide notice to the Trust Administrator, with respect to each of the following of which the Trust Administrator or the Servicers, as applicable, has actual knowledge:
 
1. Any material change or amendment to this Agreement;
 
2. The occurrence of any Servicer Event of Default or Master Servicer Event of Default that has not been cured or waived;
 
3. The resignation or termination of any Servicer, the Master Servicer, the Trust Administrator or the Trustee;
 
4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03;
 
5. The final payment to the Holders of any Class of Certificates;
 
6. Any change in the location of the Collection Account or the Distribution Account;
 
7. Any event that would result in the inability of the Master Servicer, were it to succeed as Servicer, to make advances regarding delinquent Mortgage Loans; and
 
8. The filing of any claim under the Servicer’s blanket bond and errors and omissions insurance policy required by Section 3.14 or the cancellation or material modification of coverage under any such instrument.
 
In addition, the Trust Administrator shall make available to the Rating Agencies copies of each report to Certificateholders described in Section 4.02 and the Master Servicer, as required pursuant to Section 3.20 and Section 3.21, shall promptly make available to the Rating Agencies copies of the following:
 
1. Each annual statement as to compliance described in Section 3.20; and
 
2. Each annual independent public accountants’ servicing report described in Section 3.21.
 
Any such notice pursuant to this Section 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered at or mailed by first class mail, postage prepaid, or by express delivery service to DBRS, 55 Broadway, New York, New York 10006, to Standard & Poor’s Ratings Services, a division of the McGraw-Hill Companies, Inc., 55 Water Street, New York, New York 10041, and to Moody’s at 99 Church Street, New York, New York 10007, or such other addresses as the Rating Agencies may designate in writing to the parties hereto.
 
SECTION 11.08  
Article and Section References.
 
All article and section references used in this Agreement, unless otherwise provided, are to articles and sections in this Agreement.
 
SECTION 11.09  
Grant of Security Interest.
 
It is the express intent of the parties hereto that the conveyance of the Mortgage Loans by the Depositor to the Trustee be, and be construed as, a sale of the Mortgage Loans by the Depositor and not a pledge of the Mortgage Loans by the Depositor to secure a debt or other obligation of the Depositor. However, in the event that, notwithstanding the aforementioned intent of the parties, the Mortgage Loans are held to be property of the Depositor, then, (a) it is the express intent of the parties that such conveyance be deemed a pledge of the Mortgage Loans by the Depositor to the Trustee to secure a debt or other obligation of the Depositor and (b)(1) this Agreement shall also be deemed to be a security agreement within the meaning of Articles 8 and 9 of the Uniform Commercial Code as in effect from time to time in the State of New York; (2) the conveyance provided for in Section 2.01 hereof shall be deemed to be a grant by the Depositor to the Trustee of a security interest in all of the Depositor’s right, title and interest in and to the Mortgage Loans and all amounts payable to the holders of the Mortgage Loans in accordance with the terms thereof and all proceeds of the conversion, voluntary or involuntary, of the foregoing into cash, instruments, securities or other property, including without limitation all amounts, other than investment earnings, from time to time held or invested in the Collection Account and the Distribution Account, whether in the form of cash, instruments, securities or other property; (3) the obligations secured by such security agreement shall be deemed to be all of the Depositor’s obligations under this Agreement, including the obligation to provide to the Certificateholders the benefits of this Agreement relating to the Mortgage Loans and the Trust Fund; and (4) notifications to persons holding such property, and acknowledgments, receipts or confirmations from persons holding such property, shall be deemed notifications to, or acknowledgments, receipts or confirmations from, financial intermediaries, bailees or agents (as applicable) of the Trustee for the purpose of perfecting such security interest under applicable law. Accordingly, the Depositor hereby grants to the Trustee a security interest in the Mortgage Loans and all other property described in clause (2) of the preceding sentence, for the purpose of securing to the Trustee the performance by the Depositor of the obligations described in clause (3) of the preceding sentence. Notwithstanding the foregoing, the parties hereto intend the conveyance pursuant to Section 2.01 to be a true, absolute and unconditional sale of the Mortgage Loans and assets constituting the Trust Fund by the Depositor to the Trustee.
 
SECTION 11.10  
[Reserved].
 
SECTION 11.11  
Intention of the Parties and Interpretation.
 
Each of the parties acknowledges and agrees that the purpose of Sections 3.20, 3.21 and  4.07 of this Agreement is to facilitate compliance by the Depositor with the provisions of Regulation AB promulgated by the Commission under the 1934 Act (17 C.F.R. §§ 229.1100 - 229.1123), as such may be amended from time to time and subject to clarification and interpretive advice as may be issued by the staff of the Commission from time to time. Therefore, each of the parties agrees that (a) the obligations of the parties hereunder shall be interpreted in such a manner as to accomplish that purpose, (b) the parties’ obligations hereunder will be supplemented and modified as necessary to be consistent with any such amendments, interpretive advice or guidance, convention or consensus among active participants in the asset-backed securities markets, opinion of counsel, or otherwise in respect of the requirements of Regulation AB, (c) the parties shall comply with requests made by the Depositor or the Trust Administrator for delivery of additional or different information, to the extent that such information is available or reasonably attainable, as the Depositor or the Trust Administrator may determine in good faith is necessary to comply with the provisions of Regulation AB, and (d) no amendment of this Agreement shall be required to effect any such changes in the parties’ obligations as are necessary to accommodate evolving interpretations of the provisions of Regulation AB; provided, however, that any such changes shall require the consent of each of the parties hereto.
 

 

 







IN WITNESS WHEREOF, the Depositor, each Servicer, the Master Servicer, the Trust Administrator and the Trustee have caused their names to be signed hereto by their respective officers thereunto duly authorized, in each case as of the day and year first above written.
 
CITIGROUP MORTGAGE LOAN TRUST INC.,
as Depositor
   
By:
/s/ Matthew Bollo
Name:
Matthew Bollo
Title:
Vice President
   
   
AMERIQUEST MORTGAGE COMPANY,
as Servicer
   
By:
/s/ John. P. Grazer
Name:
John. P. Grazer
Title:
EVP
 
 
WELLS FARGO BANK, N.A.,
as Servicer
   
By:
/s/ Laurie McGoogan
Name:
Laurie McGoogan
Title:
Vice President
   
 
OPTEUM FINANCIAL SERVICES, LLC,
as Servicer
   
By:
/s/ Jeffrey Pancer
Name:
Jeffrey Pancer
Title:
Senior Vice President/Capital Markets Mgr.
 
 
WELLS FARGO BANK, N.A.,
as Trust Administrator and Master Servicer
   
By:
/s/ Martin Reed
Name:
Martin Reed
Title:
Vice President
   
   
U.S. BANK NATIONAL ASSOCIATION, not in its individual capacity but solely as Trustee
   
By:
/s/ Maryellen Hunter
Name:
Maryellen Hunter
Title:
Assistant Vice President
 
 



For purposes of Sections 6.07, 6.08 and 6.09:
 
CLAYTON FIXED INCOME SERVICES INC.
   
By:
/s/ Kevin J. Kanouff
Name:
Kevin J. Kanouff
Title:
President and General Counsel
 

 


)
 
 
)
ss.:
COUNTY OF___________
)
 

 
On the ___ day of October 2006, before me, a notary public in and for said State, personally appeared ____________, known to me to be a __________ of Citigroup Mortgage Loan Trust Inc., one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
   
 
Notary Public
[Notarial Seal]
 




 
STATE OF
)
 
 
)
ss.:
COUNTY OF___________
)
 

 
On the ___ day of October 2006, before me, a notary public in and for said State, personally appeared ____________, known to me to be a ______________ of Ameriquest Mortgage Company, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
   
 
Notary Public
[Notarial Seal]
 

 




 
STATE OF
)
 
 
)
ss.:
COUNTY OF___________
)
 

 
On the ___ day of October 2006, before me, a notary public in and for said State, personally appeared __________, known to me to be a ______________of Wells Fargo Bank, N.A., one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
   
 
Notary Public
[Notarial Seal]
 

 



STATE OF
)
 
 
)
ss.:
COUNTY OF___________
)
 

 
On the ___ day of October 2006, before me, a notary public in and for said State, personally appeared ___________, known to me to be a ________________ of Opteum Financial Services, LLC, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
   
 
Notary Public
[Notarial Seal]
 




STATE OF
)
 
 
)
ss.:
COUNTY OF___________
)
 

 
On the ___ day of October 2006, before me, a notary public in and for said State, personally appeared ___________, known to me to be a _________________of Wells Fargo Bank, N.A., one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
   
 
Notary Public
[Notarial Seal]
 




STATE OF MASSACHUSETTS
)
 
 
)
ss.:
COUNTY OF SUFFOLK
)
 

 
On the ___ day of October 2006, before me, a notary public in and for said State, personally appeared ________________, known to me to be a ______________of U.S. Bank National Association, one of the entities that executed the within instrument, and also known to me to be the person who executed it on behalf of said entity, and acknowledged to me that such entity executed the within instrument.
 
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written.
 
   
 
Notary Public
[Notarial Seal]
 


 

EXHIBIT A-1
 
FORM OF CLASS A-1 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-1 Certificates as of the Issue Date: $151,787,000.00
Pass-Through Rate: Variable
Denomination: $151,787,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
No. 1
Trust Administrator: Wells Fargo Bank, N.A
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP:17309Y AA 5
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-1 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-1 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-1 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate shall be made unless the transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “1933 Act”), and an effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification. In the event that such a transfer of this Certificate is to be made without registration or qualification, the Trust Administrator shall require receipt of written certifications from the Holder of the Certificate desiring to effect the transfer, and from such Holder’s prospective transferee, substantially in the forms attached to the Agreement as Exhibit F-1. None of the Depositor or the Trust Administrator is obligated to register or qualify the Class of Certificates specified on the face hereof under the 1933 Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of such Certificates without registration or qualification. Any Holder desiring to effect a transfer of this Certificate shall be required to indemnify the Trustee, the Trust Administrator, the Depositor, the Servicers and any Sub-Servicers against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006

Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer




CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory




ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.


 


EXHIBIT A-2
 
FORM OF CLASS A-2 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 

Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-2 Certificates as of the Issue Date: $12,758,000.00
Pass-Through Rate: Variable
Denomination: : $12,758,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
No. 1
Trust Administrator: Wells Fargo Bank, N.A.
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AB 3
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 
ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-2 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-2 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-2 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

 



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

 
Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.

 


EXHIBIT A-3
 
FORM OF CLASS A-3 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 

Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-3 Certificates as of the Issue Date: $96,399,000.00
Pass-Through Rate: Variable
Denomination: $96,399,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
No. 1
Trust Administrator: Wells Fargo Bank, N.A.
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AC 1
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 




 
ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-3 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-3 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-3 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.


EXHIBIT A-4
 
FORM OF CLASS A-4 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-4 Certificates as of the Issue Date: $30,744,000.00
Pass-Through Rate: 6.081%
Denomination: $30,744,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
No. 1
CUSIP: 17309Y AD 9
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-4 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-4 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-4 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.






EXHIBIT A-5
 
FORM OF CLASS A-5 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-5 Certificates as of the Issue Date: $49,555,000.00
Pass-Through Rate: 6.255%
Denomination: $49,555,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AE 7
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-5 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-5 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-5 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.






EXHIBIT A-6
 
FORM OF CLASS A-6 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
.
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-6 Certificates as of the Issue Date: $22,916,000.00
Pass-Through Rate: 5.845%
Denomination: $22,916,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AF 4
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-6 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-6 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-6 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.




EXHIBIT A-7
 
FORM OF CLASS A-7 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class A-7 Certificates as of the Issue Date: $15,000,000.00
Pass-Through Rate: 5.775%
Denomination: $15,000,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AG 2
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class A-7 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class A-7 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class A-7 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.






EXHIBIT A-8
 
FORM OF CLASS M-1 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class M-1 Certificates as of the Issue Date: $12,828,000.00
Pass-Through Rate: 6.088%
Denomination: : $12,828,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AH 0
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 
ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class M-1 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class M-1 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class M-1 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate to a Plan subject to ERISA or section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person using "Plan Assets" to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.

Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.



EXHIBIT A-9
 
FORM OF CLASS M-2 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES AND THE CLASS M-1 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class M-2 Certificates as of the Issue Date: $10,094,000.00
Pass-Through Rate: 6.336%
Denomination: $10,094,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AJ 6
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class M-2 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class M-2 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class M-2 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate to a Plan subject to ERISA or section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person using "Plan Assets" to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.



EXHIBIT A-10
 
FORM OF CLASS M-3 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES AND THE CLASS M-2 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class M-3 Certificates as of the Issue Date: $7,992,000.00
Pass-Through Rate: 6.500%
Denomination: $7,992,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AK 3
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class M-3 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class M-3 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class M-3 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate to a Plan subject to ERISA or section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person using "Plan Assets" to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.

Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.



EXHIBIT A-11
 
FORM OF CLASS M-4 CERTIFICATE
 
UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE TRUST ADMINISTRATOR OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES, THE CLASS M-1 CERTIFICATES, THE CLASS M-2 CERTIFICATES AND THE CLASS M-3 CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
Series 2006-FX1
Aggregate Certificate Principal Balance of the Class M-4 Certificates as of the Issue Date: $2,103,000.00
Pass-Through Rate: 6.500%
Denomination: : $2,103,000.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
CUSIP: 17309Y AL 1
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Cede & Co. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class M-4 Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class M-4 Certificates in the REMIC created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class M-4 Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders, under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder's attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate to a Plan subject to ERISA or section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person using "Plan Assets" to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from the REMIC all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
 
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.



EXHIBIT A-12
 
FORM OF CLASS CE CERTIFICATE
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE IS SUBORDINATE TO THE CLASS A CERTIFICATES AND THE MEZZANINE CERTIFICATES TO THE EXTENT DESCRIBED IN THE POOLING AND SERVICING AGREEMENT REFERRED TO HEREIN.
 
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS THAT ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
Series: 2006-FX1
Aggregate Certificate Principal Balance of the Class CE Certificates as of the Issue Date: $8,412,587.72
Pass-Through Rate: Variable
Denomination: $8,412,587.72
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
First Distribution Date: November 27, 2006
Master Servicer: Wells Fargo Bank, N.A.
 
Trust Administrator: Wells Fargo Bank, N.A.
No. 1
Trustee: U.S. Bank National Association
Aggregate Notional Amount of the Class
CE Certificates as of the Issue Date: $420,588,587.72
 
Issue Date: October 31, 2006

THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE OR NOTIONAL AMOUNT HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE INITIAL CERTIFICATE PRINCIPAL BALANCE OR NOTIONAL AMOUNT, AS THE CASE MAY BE, OF THIS CERTIFICATE.



ASSET BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a portion of a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Citigroup Global Markets Realty Corp. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class CE Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class CE Certificates in REMIC II created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class CE Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate shall be made unless the transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “1933 Act”), and an effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification. In the event that such a transfer of this Certificate is to be made without registration or qualification, the Trust Administrator shall require receipt of (i) if such transfer is purportedly being made in reliance upon Rule 144A under the 1933 Act, written certifications from the Holder of the Certificate desiring to effect the transfer, and from such Holder’s prospective transferee, substantially in the forms attached to the Agreement as Exhibit F-1, and (ii) in all other cases, an Opinion of Counsel satisfactory to it that such transfer may be made without such registration or qualification (which Opinion of Counsel shall not be an expense of the Trust Fund or of the Depositor, the Trustee or the Master Servicer, the Trust Administrator or the Servicers in their respective capacities as such), together with copies of the written certification(s) of the Holder of the Certificate desiring to effect the transfer and/or such Holder’s prospective transferee upon which such Opinion of Counsel is based. None of the Depositor or the Trust Administrator is obligated to register or qualify the Class of Certificates specified on the face hereof under the 1933 Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of such Certificates without registration or qualification. Any Holder desiring to effect a transfer of this Certificate shall be required to indemnify the Trustee, the Trust Administrator, the Depositor, the Master Servicer, the Servicers and any Sub-Servicers against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person using “Plan Assets” to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in REMIC I and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from REMIC I of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from REMIC I all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.
 


 

EXHIBIT A-13
 
FORM OF CLASS P CERTIFICATE
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “REGULAR INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT,” AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986 (THE “CODE”).
 
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS THAT ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED, OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
 
Series: 2006-FX1
Aggregate Certificate Principal Balance of the Class P Certificates as of the Issue Date: $100.00
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
Denomination: $100.00
First Distribution Date: November 27, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
 
Master Servicer: Wells Fargo Bank, N.A.
No. 1
Trust Administrator: Wells Fargo Bank, N.A.
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006

DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.



ASSET BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate and adjustable-rate, first lien and second lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Citigroup Global Markets Realty Corp. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class P Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class P Certificates in REMIC II created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Trust Administrator, the Servicers and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class P Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing the Percentage Interest specified above in the Class of Certificates to which the Certificate belongs.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
No transfer of this Certificate shall be made unless the transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “1933 Act”), and an effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification. In the event that such a transfer of this Certificate is to be made without registration or qualification, the Trust Administrator shall require receipt of (i) if such transfer is purportedly being made in reliance upon Rule 144A under the 1933 Act, written certifications from the Holder of the Certificate desiring to effect the transfer, and from such Holder’s prospective transferee, substantially in the forms attached to the Agreement as Exhibit F-1, and (ii) in all other cases, an Opinion of Counsel satisfactory to it that such transfer may be made without such registration or qualification (which Opinion of Counsel shall not be an expense of the Trust Fund or of the Depositor, the Trustee or the Master Servicer, the Trust Administrator or the Servicers in their respective capacities as such), together with copies of the written certification(s) of the Holder of the Certificate desiring to effect the transfer and/or such Holder’s prospective transferee upon which such Opinion of Counsel is based. None of the Depositor or the Trust Administrator is obligated to register or qualify the Class of Certificates specified on the face hereof under the 1933 Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of such Certificates without registration or qualification. Any Holder desiring to effect a transfer of this Certificate shall be required to indemnify the Trustee, the Trust Administrator, the Depositor, the Master Servicer, the Servicers and any Sub-Servicers against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any Person using “Plan Assets” to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in REMIC I and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from REMIC I of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from REMIC I all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
 
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.



EXHIBIT A-14
 
FORM OF CLASS R CERTIFICATE
 
THIS CERTIFICATE MAY NOT BE TRANSFERRED TO A NON-UNITED STATES PERSON.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” (“REMIC”), AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).
 
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
 
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS THAT ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES (I) AN AFFIDAVIT TO THE TRUST ADMINISTRATOR THAT (A) SUCH TRANSFEREE IS NOT (1) THE UNITED STATES OR ANY POSSESSION THEREOF, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (2) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) THAT IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (3) ANY ORGANIZATION DESCRIBED IN SECTION 1381(A)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (1), (2) OR (3) SHALL HEREINAFTER BE REFERRED TO AS A “DISQUALIFIED ORGANIZATION”) OR (4) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (B) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX, AND (II) SUCH TRANSFEREE SATISFIES CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE HEREOF SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH AND THE PROVISIONS OF SECTION 5.02(D) OF THE AGREEMENT REFERRED TO HEREIN. ANY PERSON THAT IS A DISQUALIFIED ORGANIZATION IS PROHIBITED FROM ACQUIRING BENEFICIAL OWNERSHIP OF THIS CERTIFICATE.
 
Series 2006-FX1
Aggregate Percentage Interest of the Class R Certificates as of the Issue Date: 100%
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
 
First Distribution Date: November 27, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
 
Master Servicer: Wells Fargo Bank, N.A.
No. 1
Trust Administrator: Wells Fargo Bank, N.A.
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a portion of a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate, first lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Citigroup Global Markets Inc. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class R Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class R Certificates created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class R Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing a Percentage Interest in the Class of Certificates equal to the denomination specified on the face hereof divided by the aggregate Certificate Principal Balance of the Class of Certificates specified on the face hereof.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator, the Trustee, and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
Any resale, transfer or other disposition of this certificate may be made only in accordance with the provisions of section 5.02 of the agreement referred to herein.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
No transfer of this Certificate shall be made unless the transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “1933 Act”), and an effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification. In the event that such a transfer of this Certificate is to be made without registration or qualification, the Trust Administrator shall require receipt of (i) if such transfer is purportedly being made in reliance upon Rule 144A under the 1933 Act, written certifications from the Holder of the Certificate desiring to effect the transfer, and from such Holder’s prospective transferee, substantially in the forms attached to the Agreement as Exhibit F-1, and (ii) in all other cases, an Opinion of Counsel satisfactory to it that such transfer may be made without such registration or qualification (which Opinion of Counsel shall not be an expense of the Trust Fund or of the Depositor, the Trustee, the Trust Administrator, the Master Servicer or the Servicers in their respective capacities as such), together with copies of the written certification(s) of the Holder of the Certificate desiring to effect the transfer and/or such Holder’s prospective transferee upon which such Opinion of Counsel is based. None of the Depositor or the Trust Administrator is obligated to register or qualify the Class of Certificates specified on the face hereof under the 1933 Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of such Certificates without registration or qualification. Any Holder desiring to effect a transfer of this Certificate shall be required to indemnify the Trustee, the Trust Administrator, the Depositor, the Master Servicer, the Servicers and any Sub-Servicers against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
Prior to registration of any transfer, sale or other disposition of this Certificate, the proposed transferee shall provide to the Trust Administrator (i) an affidavit to the effect that such transferee is any Person other than a Disqualified Organization or the agent (including a broker, nominee or middleman) of a Disqualified Organization, and (ii) a certificate that acknowledges that (A) the Class R Certificates have been designated as a residual interest in REMIC I and REMIC II, (B) it will include in its income a pro rata share of the net income of the Trust Fund and that such income may be an “excess inclusion,” as defined in the Code, that, with certain exceptions, cannot be offset by other losses or benefits from any tax exemption, and (C) it expects to have the financial means to satisfy all of its tax obligations including those relating to holding the Class R Certificates. Notwithstanding the registration in the Certificate Register of any transfer, sale or other disposition of this Certificate to a Disqualified Organization or an agent (including a broker, nominee or middleman) of a Disqualified Organization, such registration shall be deemed to be of no legal force or effect whatsoever and such Person shall not be deemed to be a Certificateholder for any purpose, including, but not limited to, the receipt of distributions in respect of this Certificate.
 
The Holder of this Certificate, by its acceptance hereof, shall be deemed to have consented to the provisions of Section 5.02 of the Agreement and to any amendment of the Agreement deemed necessary by counsel of the Depositor to ensure that the transfer of this Certificate to any Person other than a Permitted Transferee or any other Person will not cause the Trust Fund to cease to qualify as a REMIC or cause the imposition of a tax upon REMIC I or REMIC II.
 
No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from REMIC I all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 

 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.
 


 

EXHIBIT A-15
 
FORM OF CLASS R-X CERTIFICATE
 
THIS CERTIFICATE MAY NOT BE TRANSFERRED TO A NON-UNITED STATES PERSON.
 
SOLELY FOR U.S. FEDERAL INCOME TAX PURPOSES, THIS CERTIFICATE IS A “RESIDUAL INTEREST” IN A “REAL ESTATE MORTGAGE INVESTMENT CONDUIT” (“REMIC”), AS THOSE TERMS ARE DEFINED, RESPECTIVELY, IN SECTIONS 860G AND 860D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”).
 
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
 
THIS CERTIFICATE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE RESOLD OR TRANSFERRED UNLESS IT IS REGISTERED PURSUANT TO SUCH ACT AND LAWS OR IS SOLD OR TRANSFERRED IN TRANSACTIONS THAT ARE EXEMPT FROM REGISTRATION UNDER SUCH ACT AND UNDER APPLICABLE STATE LAW AND IS TRANSFERRED IN ACCORDANCE WITH THE PROVISIONS OF SECTION 5.02 OF THE AGREEMENT REFERRED TO HEREIN.
 
NO TRANSFER OF THIS CERTIFICATE TO AN EMPLOYEE BENEFIT PLAN OR OTHER RETIREMENT ARRANGEMENT (EACH A “PLAN”) SUBJECT TO THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OR THE CODE WILL BE REGISTERED EXCEPT IN COMPLIANCE WITH THE PROCEDURES DESCRIBED HEREIN.
 
ANY RESALE, TRANSFER OR OTHER DISPOSITION OF THIS CERTIFICATE MAY BE MADE ONLY IF THE PROPOSED TRANSFEREE PROVIDES (I) AN AFFIDAVIT TO THE TRUST ADMINISTRATOR THAT (A) SUCH TRANSFEREE IS NOT (1) THE UNITED STATES OR ANY POSSESSION THEREOF, ANY STATE OR POLITICAL SUBDIVISION THEREOF, ANY FOREIGN GOVERNMENT, ANY INTERNATIONAL ORGANIZATION, OR ANY AGENCY OR INSTRUMENTALITY OF ANY OF THE FOREGOING, (2) ANY ORGANIZATION (OTHER THAN A COOPERATIVE DESCRIBED IN SECTION 521 OF THE CODE) THAT IS EXEMPT FROM THE TAX IMPOSED BY CHAPTER 1 OF THE CODE UNLESS SUCH ORGANIZATION IS SUBJECT TO THE TAX IMPOSED BY SECTION 511 OF THE CODE, (3) ANY ORGANIZATION DESCRIBED IN SECTION 1381(A)(2)(C) OF THE CODE (ANY SUCH PERSON DESCRIBED IN THE FOREGOING CLAUSES (1), (2) OR (3) SHALL HEREINAFTER BE REFERRED TO AS A “DISQUALIFIED ORGANIZATION”) OR (4) AN AGENT OF A DISQUALIFIED ORGANIZATION AND (B) NO PURPOSE OF SUCH TRANSFER IS TO IMPEDE THE ASSESSMENT OR COLLECTION OF TAX, AND (II) SUCH TRANSFEREE SATISFIES CERTAIN ADDITIONAL CONDITIONS RELATING TO THE FINANCIAL CONDITION OF THE PROPOSED TRANSFEREE. NOTWITHSTANDING THE REGISTRATION IN THE CERTIFICATE REGISTER OF ANY TRANSFER, SALE OR OTHER DISPOSITION OF THIS CERTIFICATE TO A DISQUALIFIED ORGANIZATION OR AN AGENT OF A DISQUALIFIED ORGANIZATION, SUCH REGISTRATION SHALL BE DEEMED TO BE OF NO LEGAL FORCE OR EFFECT WHATSOEVER AND SUCH PERSON SHALL NOT BE DEEMED TO BE A CERTIFICATEHOLDER FOR ANY PURPOSE HEREUNDER, INCLUDING, BUT NOT LIMITED TO, THE RECEIPT OF DISTRIBUTIONS ON THIS CERTIFICATE. EACH HOLDER OF THIS CERTIFICATE BY ACCEPTANCE HEREOF SHALL BE DEEMED TO HAVE CONSENTED TO THE PROVISIONS OF THIS PARAGRAPH AND THE PROVISIONS OF SECTION 5.02(D) OF THE AGREEMENT REFERRED TO HEREIN. ANY PERSON THAT IS A DISQUALIFIED ORGANIZATION IS PROHIBITED FROM ACQUIRING BENEFICIAL OWNERSHIP OF THIS CERTIFICATE.
 
Series 2006-FX1
Aggregate Percentage Interest of the Class R-X Certificates as of the Issue Date: 100%
Cut-off Date and date of Pooling and Servicing Agreement: October 1, 2006
 
First Distribution Date: November 27, 2006
Servicers: Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC
 
Master Servicer: Wells Fargo Bank, N.A.
No. 1
Trust Administrator: Wells Fargo Bank, N.A.
 
Trustee: U.S. Bank National Association
 
Issue Date: October 31, 2006
 
DISTRIBUTIONS IN REDUCTION OF THE CERTIFICATE PRINCIPAL BALANCE OF THIS CERTIFICATE MAY BE MADE MONTHLY AS SET FORTH HEREIN. ACCORDINGLY, THE OUTSTANDING CERTIFICATE PRINCIPAL BALANCE HEREOF AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ABOVE AS THE DENOMINATION OF THIS CERTIFICATE.
 



ASSET-BACKED PASS-THROUGH CERTIFICATE
 
evidencing a beneficial ownership interest in a portion of a Trust Fund (the “Trust Fund”) consisting primarily of a pool of conventional one- to four-family, fixed-rate, first lien mortgage loans (the “Mortgage Loans”) formed and sold by
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
THIS CERTIFICATE DOES NOT REPRESENT AN OBLIGATION OF OR INTEREST IN CITIGROUP MORTGAGE LOAN TRUST INC., THE MASTER SERVICER, THE TRUST ADMINISTRATOR, THE TRUSTEE OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THIS CERTIFICATE NOR THE UNDERLYING MORTGAGE LOANS ARE GUARANTEED BY ANY AGENCY OR INSTRUMENTALITY OF THE UNITED STATES.
 
This certifies that Citigroup Global Markets Inc. is the registered owner of a Percentage Interest (obtained by dividing the denomination of this Certificate by the aggregate Certificate Principal Balance of the Class R-X Certificates as of the Issue Date) in that certain beneficial ownership interest evidenced by all the Class R-X Certificates created pursuant to a Pooling and Servicing Agreement, dated as specified above (the “Agreement”), among Citigroup Mortgage Loan Trust Inc. (hereinafter called the “Depositor,” which term includes any successor entity under the Agreement), the Master Servicer, the Servicers, the Trust Administrator and the Trustee, a summary of certain of the pertinent provisions of which is set forth hereafter. To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound.
 
Pursuant to the terms of the Agreement, distributions will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (a “Distribution Date”), commencing on the First Distribution Date specified above, to the Person in whose name this Certificate is registered on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and the amount required to be distributed to the Holders of Class R-X Certificates on such Distribution Date pursuant to the Agreement.
 
All distributions to the Holder of this Certificate under the Agreement will be made or caused to be made by the Trust Administrator by wire transfer in immediately available funds to the account of the Person entitled thereto if such Person shall have so notified the Trust Administrator in writing at least five Business Days prior to the Record Date immediately prior to such Distribution Date or otherwise by check mailed by first class mail to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register. Notwithstanding the above, the final distribution on this Certificate will be made after due notice by the Trust Administrator of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency appointed by the Trust Administrator for that purpose as provided in the Agreement.
 
This Certificate is one of a duly authorized issue of Certificates designated as Asset-Backed Pass-Through Certificates of the Series specified on the face hereof (herein called the “Certificates”) and representing a Percentage Interest in the Class of Certificates equal to the denomination specified on the face hereof divided by the aggregate Certificate Principal Balance of the Class of Certificates specified on the face hereof.
 
The Certificates are limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth herein and in the Agreement. As provided in the Agreement, withdrawals from the Collection Account and the Distribution Account may be made from time to time for purposes other than distributions to Certificateholders, such purposes including reimbursement of advances made, or certain expenses incurred, with respect to the Mortgage Loans.
 
The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Master Servicer, the Servicers, the Trust Administrator, the Trustee, and the rights of the Certificateholders under the Agreement at any time by the Depositor, the Master Servicer, the Servicers, the Trust Administrator and the Trustee with the consent of the Holders of Certificates entitled to at least 66% of the Voting Rights. Any such consent by the Holder of this Certificate shall be conclusive and binding on such Holder and upon all future Holders of this Certificate and of any Certificate issued upon the transfer hereof or in exchange herefor or in lieu hereof whether or not notation of such consent is made upon this Certificate. The Agreement also permits the amendment thereof, in certain limited circumstances, without the consent of the Holders of any of the Certificates.
 
Any resale, transfer or other disposition of this certificate may be made only in accordance with the provisions of section 5.02 of the agreement referred to herein.
 
As provided in the Agreement and subject to certain limitations therein set forth, the transfer of this Certificate is registrable in the Certificate Register upon surrender of this Certificate for registration of transfer at the offices or agencies appointed by the Trust Administrator as provided in the Agreement, duly endorsed by, or accompanied by an assignment in the form below or other written instrument of transfer in form satisfactory to the Trust Administrator duly executed by, the Holder hereof or such Holder’s attorney duly authorized in writing, and thereupon one or more new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest will be issued to the designated transferee or transferees.
 
The Certificates are issuable in fully registered form only without coupons in Classes and denominations representing Percentage Interests specified in the Agreement. As provided in the Agreement and subject to certain limitations therein set forth, the Certificates are exchangeable for new Certificates of the same Class in authorized denominations evidencing the same aggregate Percentage Interest, as requested by the Holder surrendering the same. No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
No transfer of this Certificate shall be made unless the transfer is made pursuant to an effective registration statement under the Securities Act of 1933, as amended (the “1933 Act”), and an effective registration or qualification under applicable state securities laws, or is made in a transaction that does not require such registration or qualification. In the event that such a transfer of this Certificate is to be made without registration or qualification, the Trust Administrator shall require receipt of (i) if such transfer is purportedly being made in reliance upon Rule 144A under the 1933 Act, written certifications from the Holder of the Certificate desiring to effect the transfer, and from such Holder’s prospective transferee, substantially in the forms attached to the Agreement as Exhibit F-1, and (ii) in all other cases, an Opinion of Counsel satisfactory to it that such transfer may be made without such registration or qualification (which Opinion of Counsel shall not be an expense of the Trust Fund or of the Depositor, the Trustee, the Trust Administrator, the Master Servicer or the Servicers in their respective capacities as such), together with copies of the written certification(s) of the Holder of the Certificate desiring to effect the transfer and/or such Holder’s prospective transferee upon which such Opinion of Counsel is based. None of the Depositor or the Trust Administrator is obligated to register or qualify the Class of Certificates specified on the face hereof under the 1933 Act or any other securities law or to take any action not otherwise required under the Agreement to permit the transfer of such Certificates without registration or qualification. Any Holder desiring to effect a transfer of this Certificate shall be required to indemnify the Trustee, the Trust Administrator, the Depositor, the Master Servicer, the Servicers and any Sub-Servicers against any liability that may result if the transfer is not so exempt or is not made in accordance with such federal and state laws.
 
No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on behalf of any such Plan or any person using Plan Assets to acquire this Certificate shall be made except in accordance with Section 5.02(b) of the Agreement.
 
Prior to registration of any transfer, sale or other disposition of this Certificate, the proposed transferee shall provide to the Trust Administrator (i) an affidavit to the effect that such transferee is any Person other than a Disqualified Organization or the agent (including a broker, nominee or middleman) of a Disqualified Organization, and (ii) a certificate that acknowledges that (A) the Class R-X Certificates have been designated as a residual interest in REMIC I and REMIC II, (B) it will include in its income a pro rata share of the net income of the Trust Fund and that such income may be an “excess inclusion,” as defined in the Code, that, with certain exceptions, cannot be offset by other losses or benefits from any tax exemption, and (C) it expects to have the financial means to satisfy all of its tax obligations including those relating to holding the Class R-X Certificates. Notwithstanding the registration in the Certificate Register of any transfer, sale or other disposition of this Certificate to a Disqualified Organization or an agent (including a broker, nominee or middleman) of a Disqualified Organization, such registration shall be deemed to be of no legal force or effect whatsoever and such Person shall not be deemed to be a Certificateholder for any purpose, including, but not limited to, the receipt of distributions in respect of this Certificate.
 
The Holder of this Certificate, by its acceptance hereof, shall be deemed to have consented to the provisions of Section 5.02 of the Agreement and to any amendment of the Agreement deemed necessary by counsel of the Depositor to ensure that the transfer of this Certificate to any Person other than a Permitted Transferee or any other Person will not cause the Trust Fund to cease to qualify as a REMIC or cause the imposition of a tax upon REMIC I or REMIC II.
 
No service charge will be made for any such registration of transfer or exchange of Certificates, but the Trust Administrator may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any transfer or exchange of Certificates.
 
The Depositor, the Master Servicer, the Trust Administrator, the Trustee and any agent of the Depositor, the Master Servicer, the Trust Administrator or the Trustee may treat the Person in whose name this Certificate is registered as the owner hereof for all purposes, and none of the Depositor, the Master Servicer, the Trust Administrator, the Trustee nor any such agent shall be affected by notice to the contrary.
 
The obligations created by the Agreement and the Trust Fund created thereby shall terminate upon payment to the Certificateholders of all amounts held by the Trust Administrator and required to be paid to them pursuant to the Agreement following the earlier of (i) the final payment or other liquidation (or any advance with respect thereto) of the last Mortgage Loan and REO Property remaining in the REMIC and (ii) the purchase by the party designated in the Agreement at a price determined as provided in the Agreement from the REMIC of all the Mortgage Loans and all property acquired in respect of such Mortgage Loans. The Agreement permits, but does not require, the party designated in the Agreement to purchase from REMIC I all the Mortgage Loans and all property acquired in respect of any Mortgage Loan at a price determined as provided in the Agreement. The exercise of such right will effect early retirement of the Certificates; however, such right to purchase is subject to the aggregate Stated Principal Balance of the Mortgage Loans at the time of purchase being less than 10% of the aggregate principal balance of the Mortgage Loans as of the Cut-off Date.
 
The recitals contained herein shall be taken as statements of the Depositor, and the Trust Administrator assumes no responsibility for their correctness.
 
Unless the certificate of authentication hereon has been executed by the Trust Administrator, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.
 



IN WITNESS WHEREOF, the Trust Administrator has caused this Certificate to be duly executed.

Dated: October ___, 2006


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Officer



CERTIFICATE OF AUTHENTICATION

This is one of the Certificates referred to in the within-mentioned Agreement.


Wells Fargo Bank, N.A., as Trust Administrator
   
By:
 
 
Authorized Signatory





ABBREVIATIONS
 
The following abbreviations, when used in the inscription on the face of this instrument, shall be construed as though they were written out in full according to applicable laws or regulations:
 
TEN COM - as tenants in common
UNIF GIFT MIN ACT - Custodian
   
TEN ENT - as tenants by the entireties
(Cust) (Minor) under
Uniform Gifts to Minors Act
   
JT TEN - as joint tenants with right
if survivorship and not as
tenants in common
_______________
(State)

Additional abbreviations may also be used though not in the above list.
 

 
ASSIGNMENT
 
FOR VALUE RECEIVED, the undersigned hereby sell(s), assign(s) and transfer(s) unto
 
 
(Please print or typewrite name, address including postal zip code, and Taxpayer Identification Number of assignee) a Percentage Interest equal to ____% evidenced by the within Asset-Backed Pass-Through Certificates and hereby authorize(s) the registration of transfer of such interest to assignee on the Certificate Register of the Trust Fund.
I (we) further direct the Trust Administrator to issue a new Certificate of a like Percentage Interest and Class to the above named assignee and deliver such Certificate to the following address:
 
 
 
.

Dated:
 
 
Signature by or on behalf of assignor
   
   
   
 
Signature Guaranteed




DISTRIBUTION INSTRUCTIONS
 
The assignee should include the following for purposes of distribution:
 
Distributions shall be made, by wire transfer or otherwise, in immediately available funds to ___________________________________________________________________________ _______________________________________________________________ for the account of _______________________________, account number ______________________________, or, if mailed by check, to
 
.
Applicable statements should be mailed to___________________________________________
 
.
This information is provided by ___________________________________________, the assignee named above, or ________________________________________, as its agent.
 


 


EXHIBIT B
 
FORM 10-D, FORM 8-K AND FORM 10-K
REPORTING RESPONSIBILITY

As to each item described below, the entity indicated as the Responsible Party shall be primarily responsible for reporting the information to the Trust Administrator pursuant to Section 4.07(a). If the Trust Administrator is indicated below as to any item, then the Trust Administrator is primarily responsible for obtaining that information.

Under Item 1 of Form 10-D: a) items marked “4.02 statement” are required to be included in the Monthly Statement under Section 4.02, provided by the Trust Administrator based on information received from the Servicers; and b) items marked “Form 10-D report” are required to be in the Form 10-D report but not the 4.02 statement, provided by the party indicated. Information under all other Items of Form 10-D is to be included in the Form 10-D report.


Form
Item
Description
Responsible Party
10-D
Must be filed within 15 days of the Distribution Date.
1
Distribution and Pool Performance Information
 
Item 1121(a) - Distribution and Pool Performance Information
 
(1) Any applicable record dates, accrual dates, determination dates for calculating distributions and actual distribution dates for the distribution period.
4.02 statement
(2) Cash flows received and the sources thereof for distributions, fees and expenses.
4.02 statement
(3) Calculated amounts and distribution of the flow of funds for the period itemized by type and priority of payment, including:
4.02 statement
(i) Fees or expenses accrued and paid, with an identification of the general purpose of such fees and the party receiving such fees or expenses.
4.02 statement
(ii) Payments accrued or paid with respect to enhancement or other support identified in Item 1114 of Regulation AB (such as insurance premiums or other enhancement maintenance fees), with an identification of the general purpose of such payments and the party receiving such payments.
4.02 statement
(iii) Principal, interest and other distributions accrued and paid on the asset-backed securities by type and by class or series and any principal or interest shortfalls or carryovers.
4.02 statement
(iv) The amount of excess cash flow or excess spread and the disposition of excess cash flow.
4.02 statement
(4) Beginning and ending principal balances of the asset-backed securities.
4.02 statement
(5) Interest rates applicable to the pool assets and the asset-backed securities, as applicable. Consider providing interest rate information for pool assets in appropriate distributional groups or incremental ranges.
4.02 statement
(6) Beginning and ending balances of transaction accounts, such as reserve accounts, and material account activity during the period.
4.02 statement
(7) Any amounts drawn on any credit enhancement or other support identified in Item 1114 of Regulation AB, as applicable, and the amount of coverage remaining under any such enhancement, if known and applicable.
4.02 statement
(8) Number and amount of pool assets at the beginning and ending of each period, and updated pool composition information, such as weighted average coupon, weighted average remaining term, pool factors and prepayment amounts.
4.02 statement
 
Updated pool composition information fields to be as specified by Depositor from time to time
(9) Delinquency and loss information for the period.
 
In addition, describe any material changes to the information specified in Item 1100(b)(5) of Regulation AB regarding the pool assets.
4.02 statement.
 
 
Form 10-D report: Depositor
(10) Information on the amount, terms and general purpose of any advances made or reimbursed during the period, including the general use of funds advanced and the general source of funds for reimbursements.
4.02 statement
(11) Any material modifications, extensions or waivers to pool asset terms, fees, penalties or payments during the distribution period or that have cumulatively become material over time.
4.02 statement
(12) Material breaches of pool asset representations or warranties or transaction covenants.
Form 10-D report:
Trust Administrator, Depositor
(13) Information on ratio, coverage or other tests used for determining any early amortization, liquidation or other performance trigger and whether the trigger was met.
4.02 statement
(14) Information regarding any new issuance of asset-backed securities backed by the same asset pool,
[information regarding] any pool asset changes (other than in connection with a pool asset converting into cash in accordance with its terms), such as additions or removals in connection with a prefunding or revolving period and pool asset substitutions and repurchases (and purchase rates, if applicable), and cash flows available for future purchases, such as the balances of any prefunding or revolving accounts, if applicable.
Disclose any material changes in the solicitation, credit-granting, underwriting, origination, acquisition or pool selection criteria or procedures, as applicable, used to originate, acquire or select the new pool assets.
Form 10-D report: Depositor
 
Form 10-D report: Depositor
 
 
 
 
Form 10-D report: Depositor
Item 1121(b) - Pre-Funding or Revolving Period Information
Updated pool information as required under Item 1121(b).
Depositor
2
Legal Proceedings
 
Item 1117 - Legal proceedings pending against the following entities, or their respective property, that is material to Certificateholders, including proceedings known to be contemplated by governmental authorities:
Seller
Depositor
Trustee
Issuing entity
Master Servicer
Originator
Custodian
Servicers
(i) All parties to the Pooling and Servicing Agreement (as to themselves), (ii) the Trustee, Master Servicer and Depositor as to the Issuing entity and (iii) the Depositor as to the Sponsor, any 1110(b) originator and any 1100(d)(i) party
3
Sales of Securities and Use of Proceeds
 
Information from Item 2(a) of Part II of Form 10-Q:
 
With respect to any sale of securities by the sponsor, depositor or issuing entity, that are backed by the same asset pool or are otherwise issued by the issuing entity, whether or not registered, provide the sales and use of proceeds information in Item 701 of Regulation S-K. Pricing information can be omitted if securities were not registered.
 
 
 
Depositor
4
Defaults Upon Senior Securities
 
Information from Item 3 of Part II of Form 10-Q:
 
Report the occurrence of any Event of Default (after expiration of any grace period and provision of any required notice)
 
 
 
Trust Administrator
5
Submission of Matters to a Vote of Security Holders
 
Information from Item 4 of Part II of Form 10-Q
Trustee, Trust Administrator
6
Significant Obligors of Pool Assets
 
Item 1112(b) - Significant Obligor Financial Information*
Depositor
*This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Item.
 
7
Significant Enhancement Provider Information
 
Item 1114(b)(2) - Credit Enhancement Provider Financial Information*
Determining applicable disclosure threshold
Requesting required financial information or effecting incorporation by reference
 
Trust Administrator Depositor
Item 1115(b) - Derivative Counterparty Financial Information*
Determining current maximum probable exposure
Determining current significance percentage
Requesting required financial information or effecting incorporation by reference
 
Depositor
Trust Administrator
Depositor
*This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Items.
 
8
Other Information
 
Disclose any information required to be reported on Form 8-K during the period covered by the Form 10-D but not reported
The Responsible Party for the applicable Form 8-K item as indicated below
9
Exhibits
 
Distribution report
Trust Administrator
Exhibits required by Item 601 of Regulation S-K, such as material agreements
Depositor
8-K
Must be filed within four business days of an event reportable on Form 8-K.
1.01
Entry into a Material Definitive Agreement
 
Disclosure is required regarding entry into or amendment of any definitive agreement that is material to the securitization, even if depositor is not a party.
Examples: servicing agreement, custodial agreement.
Note: disclosure not required as to definitive agreements that are fully disclosed in the prospectus
Depositor, Servicers, Master Servicer, Custodian, Trust Administrator
1.02
Termination of a Material Definitive Agreement
 
Disclosure is required regarding termination of any definitive agreement that is material to the securitization (other than expiration in accordance with its terms), even if depositor is not a party.
Examples: servicing agreement, custodial agreement.
Depositor, Servicers, Master Servicer, Custodian, Trust Administrator
1.03
Bankruptcy or Receivership
 
Disclosure is required regarding the bankruptcy or receivership, if known to the Master Servicer, with respect to any of the following:
Sponsor (Seller), Depositor, Master Servicer, Trustee, Cap Provicer, Custodian
Depositor, Servicers, Master Servicer, Custodian, Trust Administrator, Trustee (as to itself)
2.04
Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
 
Includes an early amortization, performance trigger or other event, including event of default, that would materially alter the payment priority/distribution of cash flows/amortization schedule.
Disclosure will be made of events other than waterfall triggers which are disclosed in the 4.02 statement
Depositor/ Trust Administrator
3.03
Material Modification to Rights of Security Holders
 
Disclosure is required of any material modification to documents defining the rights of Certificateholders, including the Pooling and Servicing Agreement
Trust Administrator
5.03
Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
 
Disclosure is required of any amendment “to the governing documents of the issuing entity”
Depositor
5.06
Change in Shell Company Status
 
[Not applicable to ABS issuers]
Depositor
6.01
ABS Informational and Computational Material
 
[Not included in reports to be filed under Section 4.07]
Depositor
6.02
Change of Master Servicer or Trustee
 
Requires disclosure of any removal, replacement, substitution or addition of any master servicer, affiliated servicer, other servicer servicing 10% or more of pool assets at time of report, other material servicers, certificate administrator or trustee. Reg AB disclosure about any new servicer or trustee is also required.
Depositor
6.03
Change in Credit Enhancement or Other External Support
 
Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives.
Requesting Regulation AB disclosure about any new enhancement or effecting incorporation by reference
Trust Administrator
 
 
 
Depositor
6.04
Failure to Make a Required Distribution
Trust Administrator
6.05
Securities Act Updating Disclosure
 
If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus, provide updated Regulation AB disclosure about the actual asset pool.
Depositor
If there are any new servicers or originators required to be disclosed under Regulation AB as a result of the foregoing, provide the information called for in Items 1108 and 1110 respectively.
Depositor
7.01
Regulation FD Disclosure
Depositor
8.01
Other Events
 
Any event, with respect to which information is not otherwise called for in Form 8-K, that the registrant deems of importance to security holders.
Depositor
9.01
Financial Statements and Exhibits
The Responsible Party applicable to reportable event, other than the Trustee
10-K
Must be filed within 90 days of the fiscal year end for the registrant.
9B
Other Information
 
Disclose any information required to be reported on Form 8-K during the fourth quarter covered by the Form 10-K but not reported
The Responsible Party for the applicable Form 8-K item as indicated above
15
Exhibits and Financial Statement Schedules
 
Item 1112(b) - Significant Obligor Financial Information
N/A
Item 1114(b)(2) - Credit Enhancement Provider Financial Information
Determining applicable disclosure threshold
Requesting required financial information or effecting incorporation by reference
 
 
Trust Administrator Depositor
Item 1115(b) - Derivative Counterparty Financial Information
Determining current maximum probable exposure
Determining current significance percentage
Requesting required financial information or effecting incorporation by reference
Depositor
Trust Administrator
 
Item 1117 - Legal proceedings pending against the following entities, or their respective property, that is material to Certificateholders, including proceedings known to be contemplated by governmental authorities:
Seller
Depositor
Trustee
Issuing entity
Master Servicer
Originator
Custodian
Servicers
Seller
Depositor
Trustee
Master Servicer
Custodian
Servicers
Item 1119 - Affiliations and relationships between the following entities, or their respective affiliates, that are material to Certificateholders:
Seller
Depositor
Trustee
Issuing entity
Master Servicer
Servicers
Originator
Custodian
Credit Enhancer/Support Provider, if any
Significant Obligor, if any
(i) All parties to the Pooling and Servicing Agreement (as to themselves), (ii) the Depositor as to the Sponsor, Originator, Significant Obligor, Credit Enhancer/Support Provider and (iii) the Depositor as to the Issuing entity
 
Item 1122 - Assessment of Compliance with Servicing Criteria
Master Servicer
Trust Administrator
Custodian
Servicers
Item 1123 -Servicer Compliance Statement
Master Servicer
Trust Administrator
Servicers

 


 

EXHIBIT C
 
SERVICING CRITERIA TO BE ADDRESSED
IN ASSESSMENT OF COMPLIANCE

Definitions
Primary Servicers - transaction party having borrower contact
Master Servicer - aggregator of pool assets
Trust Administrator - waterfall calculator (may be the Trustee, or may be the Master Servicers)
Back-up Servicers - named in the transaction (in the event a Back up Servicers becomes the Primary Servicers, follow Primary Servicers obligations)
Custodian - safe keeper of pool assets
Paying Agent - distributor of funds to ultimate investor (Trust Administrator performs this function)
Trustee - fiduciary of the transaction

Note: The definitions above describe the essential function that the party performs, rather than the party’s title. So, for example, in a particular transaction, the trustee may perform the “paying agent” and “trust administrator” functions, while in another transaction, the trust administrator may perform these functions.

Where there are multiple checks for criteria the attesting party will identify in their management assertion that they are attesting only to the portion of the distribution chain they are responsible for in the related transaction agreements.

Key:
X - obligation


Reg AB Reference
Servicing Criteria
Primary Servicers
Wells Fargo Bank, N.A. as Master Servicer and Trust Administrator
 
General Servicing Considerations
   
1122(d)(1)(i)
Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements.
X
X
1122(d)(1)(ii)
If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities.
X
X
1122(d)(1)(iii)
Any requirements in the transaction agreements to maintain a back-up Servicers for the Pool Assets are maintained.
   
1122(d)(1)(iv)
A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements.
X
X
 
Cash Collection and Administration
   
1122(d)(2)(i)
Payments on pool assets are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements.
X
X
1122(d)(2)(ii)
Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.
X
X
1122(d)(2)(iii)
Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements.
X
X
1122(d)(2)(iv)
The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of over collateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements.
X
X
1122(d)(2)(v)
Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. * 
X
X
1122(d)(2)(vi)
Unissued checks are safeguarded so as to prevent unauthorized access.
X
X
1122(d)(2)(vii)
Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such other number of days specified in the transaction agreements.
X
X
 
Investor Remittances and Reporting
   
1122(d)(3)(i)
Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of Pool Assets serviced by the Servicers.
X
X
1122(d)(3)(ii)
Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements.
X
X
1122(d)(3)(iii)
Disbursements made to an investor are posted within two business days to the Servicers’s investor records, or such other number of days specified in the transaction agreements.
X
X
1122(d)(3)(iv)
Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.
X
X
 
Pool Asset Administration
   
1122(d)(4)(i)
Collateral or security on pool assets is maintained as required by the transaction agreements or related pool asset documents.
X
 
1122(d)(4)(ii)
Pool assets and related documents are safeguarded as required by the transaction agreements
X
 
1122(d)(4)(iii)
Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements.
X
 
1122(d)(4)(iv)
Payments on pool assets, including any payoffs, made in accordance with the related pool asset documents are posted to the Servicers’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related pool asset documents.
X
 
1122(d)(4)(v)
The Servicers’s records regarding the pool assets agree with the Servicers’s records with respect to an obligor’s unpaid principal balance.
X
 
1122(d)(4)(vi)
Changes with respect to the terms or status of an obligor's pool assets (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents.
X
 
1122(d)(4)(vii)
Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements.
X
 
1122(d)(4)(viii)
Records documenting collection efforts are maintained during the period a pool asset is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent pool assets including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment).
X
 
1122(d)(4)(ix)
Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents.
X
 
1122(d)(4)(x)
Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s pool asset documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related pool assets, or such other number of days specified in the transaction agreements.
X
 
1122(d)(4)(xi)
Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the Servicers 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 Servicers’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 Servicers, or such other number of days specified in the transaction agreements.
X
 
1122(d)(4)(xiv)
Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.
X
X
1122(d)(4)(xv)
Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements.
 
X




* Subject to clarification from the SEC.
 
 
 
 


 
EXHIBIT D
 
FORM OF ASSIGNMENT AND RECOGNITION AGREEMENTS
 

ASSIGNMENT AND RECOGNITION AGREEMENT
 
THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated October 31, 2006, (“Agreement”) among Citigroup Global Markets Realty Corp. (“Assignor”), Citigroup Mortgage Loan Trust Inc. (“Assignee”) and Ameriquest Mortgage Company (the “Company”):
 
For and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration the receipt and sufficiency of which hereby are acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:
 
Assignment and Conveyance

1.  The Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee (x) all of the right, title and interest of the Assignor, as purchaser, in, to and under (a) those certain Mortgage Loans listed as being originated by the Company on the schedule (the “Mortgage Loan Schedule”) attached hereto as Exhibit A (the “Mortgage Loans”) and (b) except as described below, that certain Mortgage Loan Purchase and Servicing Agreement dated as of May 1, 2006, as amended (the “Purchase Agreement”), between the Assignor, as purchaser (the “Purchaser”), and the Company, as seller, solely insofar as the Purchase Agreement relates to the Mortgage Loans and (y) other than as provided below with respect to the enforcement of representations and warranties, none of the obligations of the Assignor under the Purchase Agreement.
 
The Assignor specifically reserves and does not assign to the Assignee hereunder any and all right, title and interest in, to and under and any obligations of the Assignor with respect to any mortgage loans subject to the Purchase Agreement which are not the Mortgage Loans set forth on the Mortgage Loan Schedule and are not the subject of this Agreement.

Recognition of the Company

2.  From and after the date hereof, the Company shall and does hereby recognize that the Assignee will transfer the Mortgage Loans and assign its rights under the Purchase Agreement (solely to the extent set forth herein) and this Agreement to the trust created pursuant to a Pooling and Servicing Agreement, dated as of October 1, 2006 (the “Pooling Agreement”), among the Assignee, Ameriquest Mortgage Company, Wells Fargo Bank, N.A. and Opteum Financial Services LLC as servicers (including their successors in interest and any successor servicer under the Pooling Agreement, the “Servicers”), Wells Fargo Bank, N.A. as trust administrator (including its successors in interest and any successor servicer under the Pooling Agreement, the “Trust Administrator”) and master servicer (including its successors in interest and any successor servicer under the Pooling Agreement, the “Master Servicer”) and U.S. Bank National Association, as trustee (including its successors in interest and any successor trustee under the Pooling Agreement, the “Trustee”). The Company hereby acknowledges and agrees that from and after the date hereof (i) the Trust will be the owner of the Mortgage Loans, (ii) the Company shall look solely to the Trust for performance of any obligations of the Assignor insofar as they relate to the enforcement of the representations, warranties and covenants with respect to the Mortgage Loans, (iii) the Trust (including the Trustee, the Trust Administrator and the Servicers acting on the Trust’s behalf) shall have all the rights and remedies available to the Assignor, insofar as they relate to the Mortgage Loans, under the Purchase Agreement, including, without limitation, the enforcement of the document delivery requirements and remedies with respect to breaches of representations and warranties set forth in the Purchase Agreement, and shall be entitled to enforce all of the obligations of the Company thereunder insofar as they relate to the Mortgage Loans, and (iv) all references to the Purchaser (insofar as they relate to the rights, title and interest and, with respect to obligations of the Purchaser, only insofar as they relate to the enforcement of the representations, warranties and covenants of the Company) or the Custodian under the Purchase Agreement insofar as they relate to the Mortgage Loans, shall be deemed to refer to the Trust (including the Trustee, the Trust Administrator and the Servicers acting on the Trust’s behalf). Neither the Company nor the Assignor shall amend or agree to amend, modify, waiver, or otherwise alter any of the terms or provisions of the Purchase Agreement which amendment, modification, waiver or other alteration would in any way affect the Mortgage Loans or the Company’s performance under the Purchase Agreement with respect to the Mortgage Loans without the prior written consent of the Trustee.
 
Representations and Warranties of the Company

3.  The Company warrants and represents to the Assignor, the Assignee and the Trust as of the date hereof that:
 
(a)  The Company is duly organized, validly existing and in good standing as a corporation under the laws of the State of Delaware;
 
(b)  The Company has the full power and authority to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. The Company has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming due authorization, execution and delivery by the Assignor or Assignee constitutes a legal, valid and binding obligation of the Company, enforceable against it in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or reorganization;
 
(c)  The execution and delivery of this Agreement by the Company and the performance of and compliance with the terms of this Agreement will not violate the Company’s articles of incorporation or by-laws or constitute a default under or result in a breach or acceleration of, any material contract, agreement or other instrument to which the Company is a party or which may be applicable to the Company or its assets;
 
(d)  The Company is not in violation of, and the execution and delivery of this Agreement by the Company and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order or regulation of any federal, state, municipal or governmental agency having jurisdiction over the Company or its assets, which violation might have consequences that would materially and adversely affect the condition (financial or otherwise) or the operation of the Company or its assets or might have consequences that would materially and adversely affect the performance of its obligations and duties hereunder;
 
(e)  The Company does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;
 
(f)  There are no actions or proceedings against, investigations known to it of, the Company before any court, administrative or other tribunal (A) that might prohibit its entering into this Agreement or (B) that might prohibit or materially and adversely affect the performance by the Company of its obligations under, or validity or enforceability of, this Agreement or the Mortgage Loans; and
 
(g)  No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Company of, or compliance by the Company with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained.
 
4.  Pursuant to Section 11 of the Purchase Agreement, the Company hereby represents and warrants, for the benefit of the Assignor, the Assignee and the Trust, that the representations and warranties set forth in Sections 7.01 and 7.03 of the Purchase Agreement, which are attached hereto at Exhibit B, are true and correct as of the date hereof as if such representations and warranties were made on the date hereof or such earlier date as specified in any such representation and warranty.
 
In the event the Mortgagor fails to make the monthly payment, which is due as of the Cut-Off-Date as defined in the Purchase Agreement, or, if no payment is due on the Cut-Off-Date as defined in the Purchase Agreement, the first monthly payment due after the Cut-Off-Date as defined in the Purchase Agreement, before the next payment due date, i.e. the Mortgage Loan becomes one month delinquent on the first payment due to the Assignor, the Company shall repurchase the Mortgage Loan within ten (10) Business Days following receipt of notice from the Assignor or the Trustee at a price equal to the product of (x) the Purchase Price Percentage, as defined in the Purchase Agreement, as stated in the related Term Sheet (subject to adjustment as provided therein) related to such Mortgage Loan and (y) the then outstanding principal balance of the Mortgage Loan to be repurchased plus accrued and unpaid interest thereon from the date to which interest was last paid through the day prior to the repurchase date at the Mortgage Interest Rate as defined in the Purchase Agreement provided that Assignor shall give the Company notice of the repurchase requirement within ninety (90) days of the Mortgage Loan becoming one month delinquent or the Company shall have no obligation to repurchase the Mortgage Loan; provided, however, that any amounts paid by the Company under this Section 4 in excess of clause (y) shall be retained by the Assignor. 
 
5.  The Assignor hereby makes the following representations and warranties as of the date hereof:
 
(a) Each Mortgage Loan at the time it was made complied in all material respects with applicable local, state, and federal laws, including, but not limited to, all applicable predatory and abusive lending laws;
 
(b) None of the Mortgage Loans are High Cost as defined by any applicable predatory and abusive lending laws;
 
(c) No Mortgage Loan is a high cost loan or a covered loan, as applicable (as such terms are defined in the then current Standard & Poor’s LEVELS Version 5.7 Glossary Revised, Appendix E); and
 
(d) No Mortgage Loan originated on or after Oct. 1, 2002 through Mar. 6, 2003 is governed by the Georgia Fair Lending Act.
 
Remedies for Breach of Representations and Warranties

6.  The Company hereby acknowledges and agrees that the remedies available to the Assignor, the Assignee and the Trust (including the Trustee, the Trust Administrator and the Servicers acting on the Trust’s behalf) in connection with any breach of the representations and warranties made by the Company set forth in Sections 3 and 4 hereof shall be as set forth in Subsection 7.03 of the Purchase Agreement as if they were set forth herein (including without limitation the repurchase and indemnity obligations set forth therein); provided, however, with respect to any representation of the Company which materially and adversely affects the interests of any Prepayment Charge, the Company shall pay the amount of the scheduled Prepayment Charge by remitting such amount to the Servicers for deposit into the Collection Account in respect of such Prepayment Charge. In addition, the Company hereby acknowledges and agrees that any breach of the representations set forth in Section 7.03(a) 46, 54, 57, 65, 66, 67, 68, 70, 71, 72 and 74 of the Purchase Agreement shall be deemed to materially and adversely affect the value of the related mortgage loans or the interests of the Trust in the related mortgage loans.
 
The Assignor hereby acknowledges and agrees that the remedies available to the Assignee and the Trust (including the Trustee, the Trust Administrator and the Servicers acting on the Trust’s behalf) in connection with any breach of the representations and warranties made by the Assignor set forth in Section 5 hereof shall be as set forth in Section 2.03 of the Pooling Agreement as if they were set forth herein. In addition, the Assignor hereby acknowledges and agrees that any breach of the representations set forth in Section 5 (a), (d), (e), (f) and (g) hereof shall be deemed to materially and adversely affect the value of the related mortgage loans or the interests of the Trust in the related mortgage loans.
 
Notwithstanding the foregoing, the Assignor may, at its option, satisfy any obligation of the Company with respect to any breach of representation and warranty made by the Company regarding the Mortgage Loans.
 
Miscellaneous

7.  This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflicts of law principles, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.
 
8.  No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced, with the prior written consent of the Trustee.
 
9.  This Agreement shall inure to the benefit of (i) the successors and assigns of the parties hereto and (ii) the Trust (including the Trustee, the Trust Administrator and the Servicers acting on the Trust’s behalf). Any entity into which Assignor, Assignee or Company may be merged or consolidated shall, without the requirement for any further writing, be deemed Assignor, Assignee or Company, respectively, hereunder.
 
10.  Each of this Agreement and the Purchase Agreement shall survive the conveyance of the Mortgage Loans and the assignment of the Purchase Agreement (to the extent assigned hereunder) by Assignor to Assignee and by Assignee to the Trust and nothing contained herein shall supersede or amend the terms of the Purchase Agreement.
 
11.  This Agreement may be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original and all such counterparts shall constitute one and the same instrument.
 
12.  In the event that any provision of this Agreement conflicts with any provision of the Purchase Agreement with respect to the Mortgage Loans, the terms of this Agreement shall control.
 
13.  Capitalized terms used in this Agreement (including the exhibits hereto) but not defined in this Agreement shall have the meanings given to such terms in the Purchase Agreement.
 
 



 
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the date first above written.
 
     
  CITIGROUP GLOBAL MARKETS REALTY CORP.
 
 
 
 
 
 
  By:  
  Name: 
  Title:
 

 
     
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
 
 
 
 
 
  By:  
  Name: 
  Title:
 

 
     
  AMERIQUEST MORTGAGE COMPANY
 
 
 
 
 
 
  By:  
  Name: 
  Title:
 

 



EXHIBIT A

Mortgage Loan Schedule



EXHIBIT B

Representations and Warranties


Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Purchase Agreement.

7.01         Representations and Warranties Respecting the Purchaser.
 
Representations and Warranties Respecting the Company. The Company represents, warrants and covenants to the Purchaser as of the date hereof, each Closing Date, or as of such other date specifically provided herein or in the applicable Assignment and Conveyance:
 
1.  The Company is duly organized, validly existing and in good standing as a corporation under the laws of the State of Delaware and is and will remain in compliance with the laws of each state in which any Mortgaged Property is located to the extent necessary to ensure the enforceability of each Mortgage Loan in accordance with the terms of this Agreement;
 
2.  The Company has the full power and authority to hold each Mortgage Loan, to sell each Mortgage Loan, and to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. The Company has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming due authorization, execution and delivery by the Purchaser and the Servicer, constitutes a legal, valid and binding obligation of the Company, enforceable against it in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency or reorganization;
 
3.  The execution and delivery of this Agreement by the Company and the performance of and compliance with the terms of this Agreement will not violate the Company’s articles of incorporation or by-laws or constitute a default under or result in a breach or acceleration of, any material contract, agreement or other instrument to which the Company is a party or which may be applicable to the Company or its assets;
 
4.  The Company is not in violation of, and the execution and delivery of this Agreement by the Company and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order or regulation of any federal, state, municipal or governmental agency having jurisdiction over the Company or its assets, which violation might have consequences that would materially and adversely affect the condition (financial or otherwise) or the operation of the Company or its assets or might have consequences that would materially and adversely affect the performance of its obligations and duties hereunder;
 
5.  The Company does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;
 
6.  There are no actions or proceedings against, investigations known to it of, the Company before any court, administrative or other tribunal (A) that might prohibit its entering into this Agreement, (B) seeking to prevent the sale of the Mortgage Loans or the consummation of the transactions contemplated by this Agreement or (C) that might prohibit or materially and adversely affect the performance by the Company of its obligations under, or validity or enforceability of, this Agreement or the Mortgage Loans;
 
7.  No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Company of, or compliance by the Company with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained;
 
8.  The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of the Company, and the transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Company pursuant to this Agreement are not subject to the bulk transfer or any similar statutory provisions;
 
9.  The Company has been advised by its independent certified public accountants that under generally accepted accounting principles the transfer of the Mortgage Loans may be treated as a sale on the books and records of the Company and the Company has determined that the disposition of the Mortgage Loans pursuant to the Agreement will be afforded sale treatment for tax and accounting purposes;
 
10.  With respect to each Mortgage Loan, the Company is in possession of a complete Mortgage File in compliance with Exhibit 5, except for such documents as have been delivered to the Custodian;
 
11.  Neither this Agreement nor any written statement report or other document prepared and furnished or to be prepared and furnished by the Company pursuant to this Agreement or in connection with the transaction contemplated hereby contains any untrue statement of material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading in light of the circumstances in which they were made;
 
12.  The Company is an approved seller/servicer for FNMA and FHLMC in good standing and is a HUD approved mortgagee pursuant to Section 203 of the National Housing Act. No event has occurred, including but not limited to a change in insurance coverage, which would make the Company unable to comply with FNMA, FHLMC or HUD eligibility requirements or which would require notification to FNMA, FHLMC or HUD; and
 
13.  The Company is solvent and the sale of the Mortgage Loans will not cause the Company to become insolvent. The sale of the Mortgage Loans is not undertaken with the intent to hinder, delay or defraud any of the Company’s creditors.
 
7.03.        Representations and Warranties Regarding Individual Mortgage Loans.

The Company hereby represent and warrant to the Purchaser that, as to each Mortgage Loan, as of the related Closing Date, or as of such date specifically provided herein:
 
1.  The information set forth in the Mortgage Loan Schedule is complete, true and correct as of the related Cut-off Date;
 
2.  As of the Closing Date, the Mortgage Loan is in compliance with all requirements set forth in the Term Sheet;
 
3.  As of the related Closing Date, the Company has not advanced funds, or induced, solicited or knowingly received any advance of funds from a party other than the owner of the related Mortgaged Property, directly, for the payment of any amount required by the Mortgage Note or Mortgage, and no Mortgage Loan has been delinquent for more than thirty (30) days in the prior twelve (12) months;
 
4.  As of the related Closing Date, there are no delinquent taxes or insurance premiums affecting the related Mortgaged Property;
 
5.  As of the related Closing Date, the terms of the Mortgage Note and the Mortgage have not been impaired, waived, altered or modified in any respect, except by written instruments, recorded in the applicable public recording office if necessary to maintain the lien priority of the Mortgage, and which have been delivered to the Custodian; the substance of any such waiver, alteration or modification has been approved by the title insurer, to the extent required by the related policy, and is reflected on the Mortgage Loan Schedule. No instrument of waiver, alteration or modification has been executed, and no Mortgagor has been released, in whole or in part, except in connection with an assumption agreement approved by the title insurer, to the extent required by the policy, and which assumption agreement has been delivered to the Custodian and the terms of which are reflected in the Mortgage Loan Schedule;
 
6.  The Mortgage Note and the Mortgage are not subject to any valid right of rescission, set-off, counterclaim or defense, including the defense of usury, nor will the operation of any of the terms of the Mortgage Note and the Mortgage, or the exercise of any right thereunder, render the Mortgage unenforceable, in whole or in part, or subject to any such valid right of rescission, set-off, counterclaim or defense, including the defense of usury and no such valid right of rescission, set-off, counterclaim or defense has been asserted with respect thereto;
 
7.  As of the related Closing Date, all buildings upon the Mortgaged Property are insured by a generally acceptable insurer against loss by fire, hazards of extended coverage and such other hazards as are customary in the area where the Mortgaged Property is located, pursuant to insurance policies conforming to the requirements of the Servicing Addendum. All such insurance policies contain a standard mortgagee clause naming the originator, its successors and assigns as mortgagee and all premiums thereon are paid current. If upon origination of the Mortgage Loan, the Mortgaged Property was in an area identified on a Flood Hazard Map or Flood Insurance Rate Map issued by the Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of Fannie Mae and Freddie Mac. Except as may otherwise be limited by applicable law, the Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor’s cost and expense, and on the Mortgagor’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at Mortgagor’s cost and expense and to seek reimbursement therefor from the Mortgagor;
 
8.  Any and all requirements of any federal, state or local law including, without limitation, usury, truth in lending, real estate settlement procedures, consumer credit protection, equal credit opportunity, disclosure laws and/or all predatory and abusive lending laws applicable to the origination and servicing of the Mortgage Loan have been complied with. Any and all disclosure statements required to be made by the Mortgagor relating to such requirements are and will remain in the Mortgage File;
 
9.  As of the related Closing Date, the Mortgage has not been satisfied, canceled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such satisfaction, cancellation, subordination, rescission or release;
 
10.  The Mortgage creates a valid first or second lien, as applicable, in the related Mortgaged Property as reflected on the Mortgage Loan Schedule;
 
11.  The related Mortgage is a valid, existing and enforceable (A) first lien and first priority security interest with respect to each Mortgage Loan which is indicated by the Seller to be a First Lien (as reflected on the Mortgage Loan Schedule), or (B) second lien and second priority security interest with respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien (as reflected on the Mortgage Loan Schedule), in either case on the related Mortgaged Property, including all improvements on the related Mortgaged Property subject only to (i) the lien of current real property taxes and assessments not yet due and payable, (ii) covenants, conditions and restrictions, rights of way, easements, mineral right reservations and other matters of the public record as of the date of recording of such Mortgage being acceptable to mortgage lending institutions generally and specifically referred to in the lender’s title insurance policy delivered to the originator of the related Mortgage Loan and which do not adversely affect the Appraised Value of the related Mortgaged Property, (iii) other matters to which like properties are commonly subject which do not materially interfere with the benefits of the security intended to be provided by the related Mortgage or the use, enjoyment, value (as determined by Appraised Value) or marketability of the related Mortgaged Property and (iv) (d) with respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien Mortgage Loan (as reflected on the Mortgage Loan Schedule) a First Lien on the Mortgaged Property. 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 (A) first lien and first priority security interest with respect to each Mortgage Loan which is indicated by the Seller to be a First Lien (as reflected on the Mortgage Loan Schedule) or (B) second lien and second priority security interest with respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien Mortgage Loan (as reflected on the Mortgage Loan Schedule), in either case, on the property described therein, and the Company has the full right to sell and assign the same to the Purchaser;
 
12.  The Mortgage Note and the related Mortgage are genuine and each is the legal, valid and binding obligation of the maker thereof, enforceable in accordance with its terms;
 
13.  All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person, at least one Mortgagor is a party to the Mortgage Note, and the Mortgage is in an individual capacity;
 
14.  Excluding any Mortgage Loan subject to an escrow holdback, the proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not currently entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;
 
15.  As of the related Closing Date and immediately prior to the sale of the Mortgage Loan hereunder, the Company is the sole legal, beneficial and equitable owner of the Mortgage Note and the Mortgage and has full right to transfer and sell the Mortgage Loan to the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge, claim or security interest excepting therefrom warehouse lending arrangements security interests which will be released concurrent with the closing of the sale to the Purchaser;
 
16.  As of the related Closing Date, all parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) in compliance with any and all applicable “doing business” and licensing requirements of the laws of the state wherein the Mortgaged Property is located;
 
17.  The Mortgage Loan is covered by an ALTA lender’s title insurance policy and, in the case of an Adjustable Rate Mortgage Loan, with an adjustable rate mortgage endorsement, such endorsement substantially in the form of ALTA Form 6.0 or 6.1, issued by a title insurer and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring the Servicer, its successors and assigns as to the first priority lien of the Mortgage in the original principal amount of the Mortgage Loan and, with respect to an Adjustable Rate Mortgage Loan, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment in the Mortgage Interest Rate and Monthly Payment. Additionally, such lender’s title insurance policy affirmatively insures ingress and egress to and from the Mortgaged Property, and against encroachments by or upon the Mortgaged Property or any interest therein. The Originator and its successors and assigns is the sole insured of such lender’s title insurance policy, and such lender’s title insurance policy is in full force and effect and will be in full force and effect upon the consummation of the transactions contemplated by this Agreement. Such lender’s title insurance policy does not require the consent of or notification to the related insurer for assignment to the Purchaser.
 
18.  As of the related Closing Date, no claims have been made under such lender’s title insurance policy, and no prior holder of the related Mortgage, including the Company, has done, by act or omission, anything which would impair the coverage of such lender’s title insurance policy;
 
19.  As of the related Closing Date, there is no default, breach, violation or event of acceleration existing under the Mortgage or the Mortgage Note and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration; and as of such Closing Date, the Company or the Servicer has not waived any default, breach, violation or event of acceleration, except as otherwise provided in this Agreement. With respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien Mortgage Loan (as reflected on the Mortgage Loan Schedule) as of the origination date of such Second Lien Mortgage Loan (i) the First Lien is in full force and effect, (ii) there is no default, breach, violation or event of acceleration existing under such First Lien mortgage or the related mortgage note, (iii) no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration thereunder, and either (A) the First Lien mortgage contains a provision which allows or (B) applicable law requires, the mortgagee under the Second Lien Mortgage Loan to receive notice of, and affords such mortgagee an opportunity to cure any default by payment in full or otherwise under the First Lien mortgage. For purposes of the foregoing, a delinquent payment of less than thirty (30) days on a Mortgage Loan in and of itself does not constitute a default, breach, violation or event of acceleration with respect to such Mortgage Loan.
 
20.  As of the related Closing Date, there are no mechanics’ or similar liens or claims which have been filed for work, labor or material (and no rights are outstanding that under law could give rise to such lien) affecting the related Mortgaged Property which are or may be liens prior to, or equal or coordinate with, the lien of the related Mortgage;
 
21.  All improvements which were considered in determining the Appraised Value of the related Mortgaged Property lay wholly within the boundaries and building restriction lines of the Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property. Each appraisal has been performed in accordance with the provisions of the Financial Institutions Reform, Recovery and Enforcement Act of 1989;
 
22.  The Mortgage Loan was (i) originated by or in conjunction with a mortgagee approved by the Secretary of Housing and Urban Development pursuant to Sections 203 and 211 of the National Housing Act, a savings and loan association, a savings bank, a commercial bank, mortgage banker, credit union, insurance company or similar banking institution which is supervised and examined by a federal or state authority or (ii) acquired by the Company or its affiliates directly through loan brokers or correspondents such that (a) the Mortgage Loan was originated in conformity with the Underwriting Guidelines and (b) the Company or its affiliates approved the Mortgage Loan prior to funding;
 
23.  Other than with respect to Mortgage Loans which permit the payment of interest only, principal payments on the Mortgage Loan are scheduled to commence no more than sixty days after the proceeds of the Mortgage Loan are disbursed. The Mortgage Loan bears interest at the Mortgage Interest Rate. The Mortgage Note is payable on the first day of each month in Monthly Payments. Interest on the Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months. The Mortgage Note does not permit negative amortization;
 
24.  The origination and collection practices used by the Company and the Servicer, as applicable, with respect to each Mortgage Note and Mortgage have been in all respects legal, proper, reasonable and customary in the mortgage origination and servicing industry. The Mortgage Loan has been serviced by the Servicer and any predecessor servicer in accordance with the terms of the Mortgage Note and applicable law. With respect to escrow deposits and Escrow Payments (other than with respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien Mortgage Loan and for which the mortgagee under the First Lien is collecting Escrow Payments (as reflected on the Mortgage Loan Schedule)), if any, all such payments (so long as the Company is acting as Servicer) are in the possession of, or under the control with, the Servicer, and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. No escrow deposits or Escrow Payments or other charges or payments due the Servicer have been capitalized under any Mortgage or the related Mortgage Note;
 
25.  As of the related Closing Date, the Mortgaged Property is free of material damage and waste and there is no proceeding pending for the total or partial condemnation thereof;
 
26.  The Mortgage and related Mortgage Note contain customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the Mortgaged Property of the benefits of the security provided thereby, including, (i) in the case of a Mortgage designated as a deed of trust, by trustee’s sale, and (ii) otherwise by judicial foreclosure. As of the related Closing Date, since the date of origination of the Mortgage Loan, the Mortgaged Property has not been subject to any bankruptcy proceeding or foreclosure proceeding and the Mortgagor has not filed for protection under applicable bankruptcy laws. There is no homestead or other exemption available to the Mortgagor, which would materially interfere with the right to sell the Mortgaged Property at a trustee’s sale or the right to foreclose the Mortgage. As of the related Closing Date, the Mortgagor has not notified the Servicer or the Company and the Company or the Servicer has no knowledge of any relief requested or allowed to the Mortgagor under the Servicemembers Civil Relief Act formerly known as the Soldiers and Sailors Civil Relief Act of 1940;
 
27.  The related Mortgaged Property is not a leasehold estate or, if such Mortgaged Property is a leasehold estate, the remaining term of such lease is at least five (5) years greater than the remaining term of the related Mortgage Note;
 
28.  The Mortgage Note is not and has not been secured by any collateral except the lien of the corresponding Mortgage on the Mortgaged Property and the security interest of any applicable security agreement or chattel mortgage referred to above;
 
29.  The Mortgage File contains an appraisal or insured AVM of the related Mortgaged Property made prior to the approval of the Mortgage Loan. In the case of an appraisal it was made by a staff or third party qualified appraiser who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the Mortgage Loan, for whom no conflict of interest is present and who met the minimum qualifications of USPAP;
 
30.  In the event the Mortgage constitutes a deed of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves and is named in the Mortgage, and no fees or expenses are or will become payable by the Purchaser to the trustee under the deed of trust, except in connection with a trustee’s sale after default by the Mortgagor;
 
31.  No Mortgage Loan contains provisions pursuant to which Monthly Payments are (i) paid or partially paid with funds deposited in any separate account established by the Company, the Mortgagor, or anyone on behalf of the Mortgagor, (ii) paid by any source other than the Mortgagor or (iii) contains any other similar provisions which may constitute a “buydown” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;
 
32.  The Mortgagor has received all disclosure materials required by applicable law with respect to the making of a Refinanced Mortgage Loan, and evidence of such receipt is and will remain in the Mortgage File;
 
33.  The Mortgage Note, the Mortgage, the Assignment of Mortgage and any other documents required to be delivered with respect to each Mortgage Loan pursuant to the Custodial Agreement, have been delivered to the Custodian all in compliance with the specific requirements of the Custodial Agreement;
 
34.  As of the related Closing Date, the Mortgaged Property is lawfully occupied under applicable law and if it is the borrower’s primary residence is not vacant within ninety (90) days of the related Closing Date (with notice from and proof of such vacancy by the Purchaser); all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy, have been made or obtained from the appropriate authorities;
 
35.  The Assignment of Mortgage, is in recordable form and (other than with respect to the blank assignee and the lack of mortgage recordation information) is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. When endorsed as provided for in this Agreement, the Mortgage Notes will be duly endorsed under applicable law;
 
36.  Any principal advances made to the Mortgagor prior to the related Cut-off Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term. So long as the Company is acting as Servicer, the lien of the Mortgage securing the consolidated principal amount is expressly insured as having (A) first lien priority with respect to each Mortgage Loan which is indicated by the Seller to be a First Lien (as reflected on the Mortgage Loan Schedule), or (B) second lien priority with respect to each Mortgage Loan which is indicated by the Seller to be a Second Lien Mortgage Loan (as reflected on the Mortgage Loan Schedule), in either case, by a title insurance policy, an endorsement to the policy insuring the mortgagee’s consolidated interest or by other title evidence acceptable to Fannie Mae and Freddie Mac. So long as the Company is acting as Servicer, the consolidated principal amount does not exceed the original principal amount of the Mortgage Loan;
 
37.  No Mortgage Loan has a balloon payment feature;
 
38.  If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project is not ineligible under Fannie Mae’s eligibility requirements;
 
39.  No statement, report or other document constituting a part of the Mortgage Loan Documents contains any material untrue statement of fact or omits to state a fact necessary to make the statements contained therein not misleading which would, either individually or in the aggregate, have a material adverse effect on the value of the Mortgage Loans;
 
40.  Each Mortgage Loan constitutes a “qualified mortgage” within the meaning of Section 860G(a)(3) of the Code;
 
41.  As of the related Closing Date, no Mortgage Loan has an LTV of more than 100%;
 
42.  No Mortgage Loan is a “high cost” mortgage loan, as defined under any applicable state, local or federal predatory and abusive lending laws, including, but not limited to, the Georgia Fair Lending Act and Section 6 L of the New York State Banking Law;
 
43.  With respect to any Mortgage Loan which is a Texas Home Equity Loan, any and all requirements of Section 50, Article XVI of the Texas Constitution applicable to Texas Home Equity Loans which were in effect at the time of the origination of the Mortgage Loan have been complied with. Specifically, without limiting the generality of the foregoing: (i) all fees paid by the owner of the Mortgaged Property or such owner’s spouse, to any person, that were necessary to originate, evaluate, maintain, record, insure or service the Mortgage Loan are reflected in the closing statement for such Mortgage Loan; (ii) the Mortgage Loan was closed only at the office of the mortgage lender, an attorney at law, or a title company; (iii) the mortgagee has not been found by a federal regulatory agency to have engaged in the practice of refusing to make loans because the applicants for the loans reside or the property proposed to secure the loans is located in a certain area; (iv) the owner of the Mortgaged Property was not required to apply the proceeds of the Mortgage Loan to repay another debt except debt secured by the Mortgaged Property or debt to a lender other than the mortgagee; (v) the owner of the Mortgaged Property did not sign any documents or instruments relating to the Loan in which blanks were left to be filled in; and (vii) if discussions between the mortgagee and the Mortgagor were conducted primarily in a language other than English, the mortgagee provided to the owner of the Mortgaged Property, prior to closing, a copy of the notice required by Section 50(g), Article XVI of the Texas Constitution translated into the written language in which the discussions were conducted;
 
44.  All notices, acknowledgments and disclosure statements required by Section 50, Article XVI of the Texas Constitution applicable to Texas Home Equity Loans are contained in the Mortgage File for each such Mortgage Loan;
 
45.  All cash-out Mortgage Loans secured by real property in the state of Texas shall be made in accordance with Texas law;
 
46.  The Mortgage Loans are not subject to the requirement of the Home Ownership and Equity Protection Act of 1994 (“HOEPA”) and no Mortgage Loan is subject to, or in violation of, any applicable state or local law, ordinance or regulation similar to HOEPA and (2) (i) no Mortgage Loan is a “high cost” loan as defined by HOEPA or any other applicable predatory or abusive lending laws and (ii) no Mortgage Loan is a “high cost home”, “covered” (excluding home loans defined as “covered home loans” pursuant to clause (1) of the definition of that term in the New Jersey Home Ownership Security Act of 2002 that were originated between November 26, 2003 and July 7, 2004), “high risk home” or “predatory” loan under any other applicable state, federal or local law (or similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for resident mortgage loans having high interest rates, points and/or fees);
 
47.  No Mortgage Loan is a “covered home loan” pursuant to the New Jersey Home Ownership Security Act of 2002;
 
48.  With respect to each Mortgage Loan subject to a Prepayment Charge, such Prepayment Charge, at the time of the origination of the related Mortgage Loan, is enforceable and in compliance with all applicable local, state and federal law;
 
49.  [Reserved];
 
50.  As of the related Closing Date, the Mortgaged Property is being primarily used as a Residential Dwelling for residential purposes;
 
51.  The Company has obtained a life of loan, transferable real estate tax service contract on each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;
 
52.  The Company has obtained a life of loan, transferable flood certification contract for each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser;
 
53.  The Mortgage Loans conform in all material respects to the Underwriting Guidelines;
 
54.  No Mortgage Loan originated on or after October 1, 2002 and before March 7, 2003 is secured by a Mortgaged Property located in the State of Georgia; No Mortgage Loan that was originated on or after March 7, 2003, is a “high-cost home loan” as defined under the Georgia Fair Lending Act;
 
55.  No proceeds from any Mortgage Loan were used to finance single-premium credit insurance policies;
 
56.  No subprime Mortgage Loan originated on or after October 1, 2002 will impose a Prepayment Charge for a term in excess of three years; No Mortgage Loan originated prior to such date nor any non-subprime Mortgage Loan will impose prepayment charges in excess of five years;
 
57.  In connection with any Mortgage Loan, the Servicer has fully furnished, and will fully furnish in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (i.e., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company, on a monthly basis;
 
58.  No Mortgage Loan is a “high cost”, “covered” or similarly classified loans as defined by the applicable federal, state or local predatory and abusive lending laws nor is any loan a High Cost Loan or Covered Loan, as applicable (as such terms are defined in the then current Standard & Poor’s LEVELS Glossary Revised, which is now Version 5.6(d) Revised, Appendix E);
 
59.  No fraud was committed in connection with the origination of any Mortgage Loan; provided, however, the Company does not represent or warrant the accuracy of the qualifying income stated (provided that such stated income is not grossly unreasonable when considering all relevant factors relating to such Mortgagor, including without limitation, geographic area, unique expertise, years in the field of employment, etc) by the related Mortgagor(s) in connection with a Mortgage Loan that does not require income verification as defined in the Underwriting Guidelines;
 
60.  The Mortgaged Property is in material compliance with all applicable environmental laws, and is free from any and all toxic or hazardous substances, other than those commonly used for homeowner repair and maintenance and/or household purposes, and there exists no pending action or proceeding directly involving the Mortgaged Property in which compliance with any environmental law, rule or regulation is an issue;
 
61.  The Mortgage Loan was not prepaid in full prior to the related Closing Date and the Company has not received written notification from the Mortgagor that a prepayment in full will be made following the Closing Date;
 
62.  The Company has materially complied with all applicable anti-money laundering laws and regulations, including without limitation the USA Patriot Act of 2001;
 
63.  With respect to any Mortgage Loan or the underlying security related thereto, neither the related Mortgage nor the related Mortgage Note requires the Mortgagor to submit to arbitration to resolve any dispute arising out of or relating in any way thereto; and
 
64.  No Mortgage Loan secured by a Mortgaged Property located in the State of Illinois is in violation of the provisions of the Illinois Interest Act, including Section 4.1a which provides that no Mortgage Loan with a Mortgage Interest Rate in excess of 8.0% per annum has lender-imposed fees (or other charges) in excess of 3.0% of the original principal balance of the related Mortgage Loan.
 
65.  With respect to any Mortgage Loan that contains a provision permitting imposition of a premium upon a prepayment prior to maturity: (a) prior to the mortgage loan’s origination, the borrower agreed to such premium in exchange for a monetary benefit, including but not limited to a rate or fee reduction; (b) the originator had a written policy of offering the borrower the option of obtaining a mortgage loan that did not require payment of such a premium unless the mortgage loan that did not require payment of such a premium would be a mortgage loan that is a HOEPA loan or a high-cost home loan under any applicable state or local law and prohibited by the originator’s underwriting guidelines; (c) the prepayment premium is adequately disclosed to the borrower pursuant to applicable state and federal law; (d) no subprime loan originated on or after October 1, 2002 will impose a prepayment premium for a term in excess of three years, and any loans originated prior to such date and any non-subprime loans will not impose prepayment penalties in excess of five years; in each case unless the loan was modified to reduce the prepayment period to no more than three years from the date of the note and the borrower was notified in writing of such reduction in prepayment period; and (e) notwithstanding any state or federal law to the contrary, the servicer shall not impose such prepayment premium in any instance when the mortgage loan is accelerated or paid off in connection with the workout of a delinquent mortgage or due to the borrower’s default.
 
66.  No Mortgage Loan mortgagor was encouraged or required to select a mortgage loan product offered by the originator which is a higher cost product designed for a less creditworthy mortgagor, unless at the time of the Mortgage Loan’s origination, such mortgagor did not qualify taking into account credit history and debt-to income ratios for a lower-cost credit product then offered by the originator. A borrower who is able to qualify for one of the originator’s standard products should be directed towards or offered the originator’s standard mortgage line.
 
67.  With respect to any Mortgage Loan, the methodology used in underwriting the extension of credit for each mortgage loan did not rely on the extent of the borrower’s equity in the collateral as the principal determining factor in approving such extension of credit. The methodology employed objective criteria that related such facts as, without limitation, the borrower’s credit history, income, assets or liabilities, to the proposed mortgage payment and, based on such methodology, the originator made a reasonable determination that at the time of origination the borrower had the ability to make timely payments on the mortgage loan.
 
68.  With respect to any Mortgage Loan, no borrower was charged “point and fees” in an amount greater than (a) $1000 or (b) 5% of the principal amount of such mortgage loan, whichever is greater. For purposes of this representation, “points and fees” (x) include origination, underwriting, broker and finder’s fees and charges that the lender imposed as a condition of making the mortgage loan, whether they are paid to the lender or a third party; and (y) exclude bona fide discount points, fees paid for actual services rendered in connection with the origination of the mortgage (such as attorneys’ fees, notaries fees and fees paid for property appraisals, credit reports, surveys, title examinations and extracts, flood and tax certifications, and home inspections); the cost of mortgage insurance or credit-risk price adjustments; the costs of title, hazard, and flood insurance policies; state and local transfer taxes or fees; escrow deposits for the future payment of taxes and insurance premiums; and other miscellaneous fees and charges that, in total, do not exceed 0.25 percent of the loan amount.
 
69.  [Reserved].
 
70.  With respect to each Mortgage Loan, no borrower obtained a prepaid single-premium credit-life, credit disability, credit unemployment or credit property insurance policy in connection with the origination of the mortgage loan.
 
71.  The Seller or one of its affiliates as servicer for each Mortgage Loan, has fully furnished and will fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company or their successors (the “Credit Repositories”) on a monthly basis.
 
72.  With respect to any Mortgage Loan originated on or after August 1, 2004, neither the related Mortgage nor the related Mortgage Note requires the borrower to submit to arbitration to resolve any dispute arising out of or relating in any way to the mortgage loan transaction.
 
73.  No Mortgage Loan secured by a Mortgaged Property located in the Commonwealth of Massachusetts was made to pay off or refinance an existing loan or other debt of the related borrower (as the term “borrower” is defined in the regulations promulgated by the Massachusetts Secretary of State in connection with Massachusetts House Bill 4880 (2004)) unless either (1) (a) the related Mortgage Interest Rate (that would be effective once the introductory rate expires, with respect to Adjustable Rate Mortgage Loans) did or would not exceed by more than 2.25% the yield on United States Treasury securities having comparable periods of maturity to the maturity of the related Mortgage Loan as of the fifteenth day of the month immediately preceding the month in which the application for the extension of credit was received by the related lender or (b) the Mortgage Loan is an “open-end home loan” (as such term is used in the Massachusetts House Bill 4880 (2004)) and the related Mortgage Note provides that the related Mortgage Interest Rate may not exceed at any time the Prime rate index as published in The Wall Street Journal plus a margin of one percent, or (2) such Mortgage Loan is in the "borrower's interest," as documented by a "borrower's interest worksheet" for the particular Mortgage Loan, which worksheet incorporates the factors set forth in Massachusetts House Bill 4880 (2004) and the regulations promulgated thereunder for determining "borrower's interest," and otherwise complies in all material respects with the laws of the Commonwealth of Massachusetts.
 
74.  No Mortgage Loan is secured by manufactured housing.
 
75.  With respect to each Mortgage Loan which is a Second Lien, (i) the related First Lien does not provide for negative amortization, (ii) either no consent for the Mortgage Loan is required by the holder of the First Lien or such consent has been obtained and is contained in the Mortgage File and (iii) such Second Lien is on a Residential Dwelling that is (or will be) the principal residence of the Mortgagor upon origination of the Second Lien.
 

 

THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated October 31, 2006, (“Agreement”) among Citigroup Global Markets Realty Corp. (“Assignor”), Citigroup Mortgage Loan Trust Inc. (“Assignee”) and Opteum Financial Services, LLC (the “Company”):
 
For and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration the receipt and sufficiency of which hereby are acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:
 
Assignment and Conveyance
 
1.  The Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee (x) all of the right, title and interest of the Assignor, as purchaser, in, to and under (a) those certain Mortgage Loans listed as being originated by the Company on the schedule (the “Mortgage Loan Schedule”) attached hereto as Exhibit A (the “Mortgage Loans”) and (b) except as described below, that certain Master Mortgage Loan Purchase and Interim Servicing Agreement dated as of August 1, 2006, as amended (the “Purchase Agreement”), between the Assignor, as purchaser (the “Purchaser”), and the Company, as seller, solely insofar as the Purchase Agreement relates to the Mortgage Loans and (y) other than as provided below with respect to the enforcement of representations and warranties, none of the obligations of the Assignor under the Purchase Agreement.
 
The Assignor specifically reserves and does not assign to the Assignee hereunder any and all right, title and interest in, to and under and any obligations of the Assignor with respect to the servicing rights or any mortgage loans subject to the Purchase Agreement which are not the Mortgage Loans set forth on the Mortgage Loan Schedule and are not the subject of this Agreement.
 
The Assignor and the Assignee each hereby retain the right to enforce the representations and warranties set forth in Subsection 7.01 and Subsection 7.02 with respect to the Company and the Mortgage Loans against the Company; provided, however, that in no event shall the Company be required to pay the Repurchase Price with respect to any Mortgage Loan more than once in connection with the repurchase of a Mortgage Loan pursuant to Subsection 7.03, 7.04 or 7.05 of the Purchase Agreement. In addition, the right to require the Company to repurchase a Mortgage Loan shall be exercised solely the Assignee, its successors and assigns.
 
Recognition of the Company
 
2.  From and after the date hereof, the Company shall and does hereby recognize that the Assignee will transfer the Mortgage Loans and assign its rights under the Purchase Agreement (solely to the extent set forth herein) and this Agreement to Citigroup Mortgage Loan Trust 2006-FX1 (the “Trust”) created pursuant to a Pooling and Servicing Agreement, dated as of October 1, 2006 (the “Pooling Agreement”), among the Assignee, the Assignor, U.S. Bank National Association, as trustee (including its successors in interest and any successor trustees under the Pooling Agreement, the “Trustee”), Ameriquest Mortgage Company, Wells Fargo Bank, N.A. and Opteum Financial Services, LLC, as servicers (including its successors in interest and any successor servicer under the Pooling Agreement, the “Servicers”) and Wells Fargo Bank, N.A. as trust administrator (including its successors in interest and any successor servicer under the Pooling Agreement, the “Trust Administrator”) and master servicer (including its successors in interest and any successor servicer under the Pooling Agreement, the “Master Servicer”). The Company hereby acknowledges and agrees that from and after the date hereof (i) the Trust will be the owner of the Mortgage Loans, (ii) the Company shall look solely to the Trust for performance of any obligations of the Assignor insofar as they relate to the enforcement of the representations, warranties and covenants with respect to the Mortgage Loans, (iii) the Trust (including the Trustee and the Servicers acting on the Trust’s behalf) shall have all the rights and remedies available to the Assignor, insofar as they relate to the Mortgage Loans, under the Purchase Agreement, including, without limitation, the enforcement of the document delivery requirements and remedies with respect to breaches of representations and warranties set forth in the Purchase Agreement, and shall be entitled to enforce all of the obligations of the Company thereunder insofar as they relate to the Mortgage Loans, and (iv) all references to the Purchaser (insofar as they relate to the rights, title and interest and, with respect to obligations of the Purchaser, only insofar as they relate to the enforcement of the representations, warranties and covenants of the Company under the Purchase Agreement insofar as they relate to the Mortgage Loans, shall be deemed to refer to the Trust (including the Trustee and the Servicers acting on the Trust’s behalf). Neither the Company nor the Assignor shall amend or agree to amend, modify, waiver, or otherwise alter any of the terms or provisions of the Purchase Agreement which amendment, modification, waiver or other alteration would in any way affect the Mortgage Loans or the Company’s performance under the Purchase Agreement with respect to the Mortgage Loans without the prior written consent of the Trustee.
 
Representations and Warranties of the Company
 
3.  The Company warrants and represents to the Assignor, the Assignee and the Trust as of the date hereof that:
 
(a)  The Company is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation;
 
(b)  The Company has full power and authority to execute, deliver and perform its obligations under this Agreement and has full power and authority to perform its obligations under the Purchase Agreement. The execution by the Company of this Agreement is in the ordinary course of the Company’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Company’s charter or bylaws or any legal restriction, or any material agreement or instrument to which the Company is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Company or its property is subject. The execution, delivery and performance by the Company of this Agreement have been duly authorized by all necessary corporate action on part of the Company. This Agreement has been duly executed and delivered by the Company, and, upon the due authorization, execution and delivery by the Assignor and the Assignee, will constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law;
 
(c)  No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Company in connection with the execution, delivery or performance by the Company of this Agreement; and
 
(d)  There is no action, suit, proceeding or investigation pending or threatened against the Company, before any court, administrative agency or other tribunal, which would draw into question the validity of this Agreement or the Purchase Agreement, or which, either in any one instance or in the aggregate, would result in any material adverse change in the ability of the Company to perform its obligations under this Agreement or the Purchase Agreement, and the Company is solvent.
 
4.  Pursuant to Section 12 of the Purchase Agreement, the Company hereby represents and warrants, for the benefit of the Assignor, the Assignee and the Trust, that the representations and warranties set forth in Subsections 7.01 and 7.02 of the Purchase Agreement, are true and correct as of the date hereof as if such representations and warranties were made on the date hereof except that the representation and warranty set forth in Subsection 7.02(i) shall, for purposes of this Agreement, relate to the Mortgage Loan Schedule attached hereto.
 
In the event that any Mortgagor fails to make the first scheduled Monthly Payment due on a Mortgage Loan or due to the Assignor within the calendar month such payment is due, the Company shall repurchase such Mortgage Loan at the Repurchase Price (as defined in the Purchase Agreement) within five (5) Business Days following receipt of notice from the Assignor of such payment default.
 
5.   The Assignor hereby makes the following representations and warranties as of the date hereof:
 
(a)      Each Mortgage Loan at the time it was made complied in all material respects with applicable local, state, and federal laws, including, but not limited to, all applicable predatory and abusive lending laws;
 
(b)      None of the Mortgage Loans are High Cost as defined by any applicable predatory and abusive lending laws;
 
(c)      No Mortgage Loan is a high cost loan or a covered loan, as applicable (as such terms are defined in the then current Standard & Poor’s LEVELS Version 5.7 Glossary Revised, Appendix E); and
 
(d)      No Mortgage Loan originated on or after Oct. 1, 2002 through Mar. 6, 2003 is governed by the Georgia Fair Lending Act.
 
Remedies for Breach of Representations and Warranties
 
6.  The Company hereby acknowledges and agrees that the remedies available to the Assignor, the Assignee and the Trust (including the Trustee and the Servicer acting on the Trust’s behalf) in connection with any breach of the representations and warranties made by the Company set forth in Sections 3 and 4 hereof shall be as set forth in Subsection 7.03 of the Purchase Agreement as if they were set forth herein (including without limitation the repurchase and indemnity obligations set forth therein).
 
Miscellaneous
 
7.  This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflicts of law principles, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.
 
8.  No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced, with the prior written consent of the Trustee.
 
9.  This Agreement shall inure to the benefit of (i) the successors and assigns of the parties hereto and (ii) the Trust (including the Trustee and the Servicer acting on the Trust’s behalf). Any entity into which Assignor, Assignee or Company may be merged or consolidated shall, without the requirement for any further writing, be deemed Assignor, Assignee or Company, respectively, hereunder.
 
10.  Each of this Agreement and the Purchase Agreement shall survive the conveyance of the Mortgage Loans and the assignment of the Purchase Agreement (to the extent assigned hereunder) by Assignor to Assignee and by Assignee to the Trust and nothing contained herein shall supersede or amend the terms of the Purchase Agreement.
 
11.  This Agreement may be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original and all such counterparts shall constitute one and the same instrument.
 
12.  In the event that any provision of this Agreement conflicts with any provision of the Purchase Agreement with respect to the Mortgage Loans, the terms of this Agreement shall control.
 
13.  Capitalized terms used in this Agreement (including the exhibits hereto) but not defined in this Agreement shall have the meanings given to such terms in the Purchase Agreement.
 
[SIGNATURE PAGE FOLLOWS]

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the date first above written.
 
     
  CITIGROUP GLOBAL MARKETS REALTY CORP.
 
 
 
 
 
 
  By:  
  Name: 
  Title:
 

 
     
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
 
 
 
 
 
  By:  
  Name: 
  Title:
 

 
     
 
OPTEUM FINANCIAL SERVICES, LLC
 
 
 
 
 
 
  By:  
  Name: 
  Title:
 

 



EXHIBIT A

Mortgage Loan Schedule



SCHEDULE I

Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Purchase Agreement.

 
Sub-Section 7.01: Representations and Warranties Respecting the Seller.
 
The Seller represents, warrants and covenants to the Purchaser as of the Initial Closing Date and each subsequent Closing Date or as of such date specifically provided herein or in the applicable Assignment and Conveyance:
 
(1)  The Seller is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware;
 
(2)  The Seller has full corporate power to own its property, to carry on its business as presently conducted and to enter into and perform its obligations under this Agreement;
 
(3)  The execution and delivery by the Seller of this Agreement have been duly authorized by all necessary corporate action on the part of the Seller; and neither the execution and delivery of this Agreement, nor the consummation of the transactions herein contemplated hereby, nor compliance with the provisions hereof, will conflict with or result in a breach of, or constitute a default under, any of the provisions of any law, governmental rule, regulation, judgment, decree or order binding on the Seller or its properties or the certificate of incorporation or by-laws of the Seller, except those conflicts, breaches or defaults which would not reasonably be expected to have a material adverse effect on the Seller’s ability to enter into this Agreement and to consummate the transactions contemplated hereby;
 
(4)  The execution, delivery and performance by the Seller of this Agreement and the consummation of the transactions contemplated hereby do not require the consent or approval of, the giving of notice to, the registration with, or the taking of any other action in respect of, any state, federal or other governmental authority or agency, except those consents, approvals, notices, registrations or other actions as have already been obtained, given or made and, in connection with the recordation of the Mortgages, powers of attorney or assignments of Mortgages not yet completed;
 
(5)  This Agreement has been duly executed and delivered by the Seller and, assuming due authorization, execution and delivery by the Purchaser, constitutes a valid and binding obligation of the Seller enforceable against it in accordance with its terms (subject to applicable bankruptcy and insolvency laws and other similar laws affecting the enforcement of the rights of creditors generally);
 
(6)  To the best of the Seller’s knowledge, there are no actions, litigation, suits or proceedings pending or threatened against the Seller before or by any court, administrative agency, arbitrator or governmental body (i) with respect to any of the transactions contemplated by this Agreement or (ii) with respect to any other matter which in the judgment of the Seller if determined adversely to the Seller would reasonably be expected to materially and adversely affect the Seller’s ability to perform its obligations under this Agreement; and the Seller is not in default with respect to any order of any court, administrative agency, arbitrator or governmental body so as to materially and adversely affect the transactions contemplated by this Agreement;
 
(7)  The Seller’s chief executive office and principal place of business are located in the County of Bergen in the State of New Jersey;
 
(8)  The Seller is not in violation of, and the execution and delivery of this Agreement by the Seller and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order or regulation of any federal, state, municipal or governmental agency having jurisdiction over the Seller or its assets, which violation might have consequences that would materially and adversely affect the condition (financial or otherwise) or the operation of the Seller or its assets or might have consequences that would materially and adversely affect the performance of its obligations and duties hereunder;
 
(9)  The Seller is an approved seller/servicer for Fannie Mae and Freddie Mac in good standing and is a HUD approved mortgagee pursuant to Section 203 of the National Housing Act. No event has occurred, including but not limited to a change in insurance coverage, which would make the Seller unable to comply with Fannie Mae, Freddie Mac or HUD eligibility requirements or which would require notification to Fannie Mae, Freddie Mac or HUD;
 
(10)  Immediately prior to the payment of the Purchase Price for each Mortgage Loan, the Seller was the owner of record of the related Mortgage and the indebtedness evidenced by the related Mortgage Note and upon the payment of the Purchase Price by the Purchaser, in the event that the Seller retains record title, the Seller shall retain such record title to each Mortgage, each related Mortgage Note and the related Mortgage Files with respect thereto in trust for the Purchaser as the owner thereof and only for the purpose of servicing and supervising the servicing of each Mortgage Loan;
 
(11)  The transfer of the Mortgage Loans shall be treated as a sale on the books and records of Seller, and Seller has determined that, and will treat, the disposition of the Mortgage Loans pursuant to this Agreement for tax and accounting purposes as a sale. Seller shall maintain a complete set of books and records for each Mortgage Loan which shall be clearly marked to reflect the ownership of each Mortgage Loan by Purchaser;
 
(12)  Seller is solvent and will not be rendered insolvent by the consummation of the transactions contemplated hereby. The Seller is not transferring any Mortgage Loan with any intent to hinder, delay or defraud any of its creditors; and
 
(13)  The Seller is a member of MERS in good standing, and will comply in all material respects with the rules and procedures of MERS in connection with the servicing of the MERS Mortgage Loans for as long as such Mortgage Loans are registered with MERS.
 

Sub-Section 7.02: Representations and Warranties Regarding Individual Mortgage Loans.
 
The Seller hereby represents and warrants to the Purchaser that, as to each Mortgage Loan, as of the related Closing Date for such Mortgage Loan:
 
1.  As of the Closing Date, the information set forth in the Mortgage Loan Schedule hereto is true and correct in all material respects; provided however, that the Seller makes no representation with respect to any field in the Mortgage Loan Schedule regarding the occupancy of property other than to confirm that the stated occupancy was that made by the related Mortgagor in the related loan application;
 
2.  Immediately prior to the transfer to the Purchaser, the Seller was the sole owner of beneficial title and holder of, and had good title to, each Mortgage and Mortgage Note relating to the Mortgage Loans and is conveying the same free and clear of any and all liens, claims, encumbrances, participation interests, equities, pledges, charges or security interests of any nature and the Seller has full right and authority to sell or assign the same pursuant to this Agreement;
 
3.  No selection procedure reasonably believed by the Seller to be adverse to the interests of the Purchaser was utilized in selecting the Mortgage Loans;
 
4.  Each Mortgage Loan constitutes a “qualified mortgage” under Section 860G(a)(3)(A) of the Code and Treasury Regulation Section 1.860G-2(a)(1);
 
5.  As of the Cut-off Date, no Mortgage Loan is 30 or more days past due. The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds from a party other than the owner of the related Mortgaged Property, directly or indirectly, for the payment of any amount required by the Mortgage Note or Mortgage;
 
6.  There are no delinquent taxes or assessment liens against the related Mortgaged Property;
 
7.  No default, breach, violation or waiver exists under the mortgage documents, and no modifications to the mortgage documents have been made that have not been reflected in the Mortgage Loan Schedule;
 
8.  All buildings upon, or comprising part of, the Mortgaged Property are insured by an insurer acceptable to Fannie Mae and Freddie Mac against loss by fire, hazards of extended coverage and such other hazards as are customary in the area where the Mortgaged Property is located, and such insurer is licensed to do business in the state where the Mortgaged Property is located. All such insurance policies contain a standard mortgagee clause naming the originator, its successors and assigns as mortgagee and Seller has received no notice that all premiums thereon have not been paid. The amount of the Mortgage Loan covered by these insurance policies is in accordance with the standards of Fannie Mae or Freddie Mac. If upon origination of the Mortgage Loan, the Mortgaged Property was, or was subsequently deemed to be, in an area identified in the Federal Register by the Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available), which require under applicable law that a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration (or any successor thereto) be obtained, such flood insurance policy is in effect which policy is with a generally acceptable carrier in an amount representing coverage not less than the least of (A) the principal balance of the related Mortgage Loan, (B) the minimum amount required to compensate for damage or loss on a replacement cost basis, or (C) the maximum amount of insurance that is available under the Flood Disaster Protection Act of 1973. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at Mortgagor’s cost and expense and, on the Mortgagor’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at Mortgagor’s cost and expense and to obtain reimbursement therefor from the Mortgagor;
 
9.  All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or during the period in which they held and disposed of such interest, were) in compliance with any and all applicable “doing business” and licensing requirements of the state wherein the Mortgaged Property is located;
 
10.  As of the Closing Date, there is no mechanics’ lien or claim for work, labor or material affecting the Mortgaged Property except those which are insured against by the title insurance policy;
 
11.  As of the Closing Date, there is no valid offset, defense or counterclaim to any Mortgage Note or Mortgage, and, to the best of the Seller’s knowledge or the knowledge of the related servicer, no such offset, defense or counterclaim has been asserted with respect thereto;
 
12.  As of the Closing Date, the physical property subject to any Mortgage is free of material damage and is in good repair and, to the best of the Seller’s knowledge or the knowledge of the related servicer, there is no proceeding for the total or partial condemnation thereof;
 
13.  All improvements which were considered in determining the appraised value of the related Mortgaged Property lay wholly within the boundaries and building restriction lines of the Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property;
 
14.  At the time of origination, no improvement located on or being part of the Mortgaged Property was in violation of any applicable zoning and subdivision laws or ordinances;
 
15.  To the best of the Seller’s knowledge, all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy, have been made or obtained from the appropriate authorities;
 
16.  As of the origination date of each Mortgage Loan, the related Mortgaged Property is lawfully permitted to be occupied under applicable law;
 
17.  Each Mortgage Loan is and will be a mortgage loan arising out of the originator’s practice in accordance with the underwriting guidelines of the related originator. The Seller has no knowledge of any fact that should have led it to expect at the time of the initial creation of an interest in the Mortgage Loan that such Mortgage Loan would not be paid in full when due;
 
18.  Each original Mortgage has been recorded or is in the process of being recorded in the appropriate jurisdictions wherein such recordation is required to perfect the lien thereof for the benefit of the Purchaser;
 
19.  If an Assignment is included in the Mortgage File, such Assignment is in recordable form and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located;
 
20.  The related Mortgage File contains each of the documents and instruments specified;
 
21.  [Reserved];
 
22.  The Mortgage Note and the Mortgage have not been altered or modified in any material respect, except by a written instrument which has been recorded, and the substance of any such alteration or modification has been approved by the title insurer, to the extent required by the related policy. No instrument of alteration or modification has been executed by the Seller or any other person in the chain of title from the Seller, and no Mortgagor has been released, in whole or in part, except in connection with an assumption agreement approved by the title insurer;
 
23.  The Mortgage has not been satisfied, subordinated, rescinded or canceled, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such satisfaction, subordination, rescission, cancellation or release;
 
24.  A lender’s title policy or binder, or other assurance of title insurance customary in a form acceptable to Fannie Mae or Freddie Mac was issued at origination and each policy or binder is valid and remains in full force and effect;
 
25.  The Mortgaged Property consists of a contiguous parcel of real property with single-family residence erected thereon, or a two- to four- family dwelling, or an individual condominium unit, or an individual unit in a planned unit development or a de minimis planned unit development. To the best of the Seller’s knowledge, the Mortgaged Property does not consist of any of the following property types: (a) co-operative units, (b) mobile homes and (c) manufactured homes (as defined in the Fannie Mae Originator-Servicer’s Guide), except when the appraisal indicates that the home is of comparable construction to a stick or beam construction home, is readily marketable, has been permanently affixed to the site and is not in a mobile home “park.” The Mortgaged Property is either a fee simple estate or a residential lease. If any of the Mortgage Loans are secured by a leasehold interest, with respect to each leasehold interest: the use of leasehold estates for residential properties is an accepted practice in the area where the related Mortgaged Property is located; residential property in such area consisting of leasehold estates is readily marketable; the lease is recorded and no party is in any way in breach of any provision of such lease; the leasehold is in full force and effect and is not subject to any prior lien or encumbrance by which the leasehold could be terminated or subject to any charge or penalty; and the remaining term of the lease does not terminate less than ten years after the maturity date of such Mortgage Loan;
 
26.  The Mortgage File contains an appraisal of the related Mortgaged Property which satisfied the standards of Fannie Mae and Freddie Mac and was made and signed, prior to the approval of the Mortgage Loan application, by a qualified appraiser, duly appointed by the Seller, who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the Mortgage Loan and who met the minimum qualifications of Fannie Mae and Freddie Mac. Each appraisal of the Mortgage Loan was made in accordance with the relevant provisions of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989;
 
27.  In the event the Mortgage constitutes a deed of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves and is named in the Mortgage, and no fees or expenses are or will become payable by the Purchaser to the trustee under the deed of trust, except in connection with a trustee’s sale after default by the Mortgagor;
 
28.   None of the Mortgage Loans are “buydown” mortgage loans or graduated payment mortgage loans;
 
29.  The Mortgage is a legal, valid, existing and enforceable first lien on the Mortgaged Property, including all improvements on the Mortgaged Property, if any, subject only to (1) the lien of 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 being acceptable to mortgage lending institutions generally and specifically referred to in the lender’s title insurance policy delivered to the originator of the Mortgage Loan and which do not materially and adversely affect the Appraised Value of the Mortgaged Property and (3) other matters to which like properties are commonly subject which do not materially and adversely affect the benefits of the security intended to be provided by the Mortgage. The Seller has full right to sell and assign the Mortgage to the Purchaser;
 
30.  Each Mortgagor who is a party to the Mortgage Note is a natural person;
 
31.  All requirements of any federal, state or local law (including usury, truth in lending, real estate settlement procedures, consumer credit protection, equal credit opportunity, disclosure or recording, predatory and abusive lending laws) applicable to the acquisition, origination and servicing of such Mortgage Loan have been complied with in all material respects;
 
32.  None of the Mortgage Loans are (a) loans subject to 12 CFR Part 226.31, 12 CFR Part 226.32 or 12 CFR Part 226.34 of Regulation Z, the regulation implementing TILA, which implements the Home Ownership and Equity Protection Act of 1994, as amended (“HOEPA”), (b) loans subject to, or in violation of, any applicable state or local law, ordinance or regulation similar to HOEPA or (c) classified and/or defined as a “high cost home loan” under any federal, state or local law;
 
33.  None of the Mortgage Loans secured by Mortgaged Property in the States of Georgia, New York, Arkansas, Kentucky and Florida is a “high cost home loan” as defined in the Georgia Fair Lending Act, as amended (the “Georgia Act”), the Arkansas Home Loan Protection Act, as amended (the “Arkansas Act”), Kentucky Revised Statutes §360.100, as amended (the “Kentucky Act”), the Florida Home Loan Protection Act §494.007 (the “Florida Act”), and the New York Predatory Lending Law, codified as N.Y. Banking Law §6-I, N.Y. Gen. Bus. Law §771-a, and N.Y. Real Prop. Acts Law §1302 (together, the “New York Act”), respectively;
 
34.  None of the Mortgage Loans are subject to the New York Act; none of the Mortgage Loans secured by Mortgaged Property in the District of Columbia is a “covered loan” as defined in the District of Columbia Home Loan Protection Act §26-1151.01 (the “D.C. Act”); none of the Mortgage Loans secured by Mortgaged Property in Maine is a “high-rate, high-fee mortgage” as defined in Maine Consumer Credit Code — Truth In Lending §8-103 (the “Maine Act”); none of the Mortgage Loans secured by Mortgaged Property in Nevada is a “home loan” as defined in Nevada Revised Statutes title 52, as amended by Assembly Bill No. 284, 72nd Session (Nevada 2003) (the “Nevada Act”); and all the Mortgage Loans that are subject to the Georgia Act, the New York Act, the Arkansas Act, the Kentucky Act, the Florida Act, the D.C. Act, the Maine Act and the Nevada Act comply with the requirements of each such legislation;
 
35.  Each Prepayment Charge is enforceable and was originated in compliance with all applicable federal, state, and local laws;
 
36.  Each Mortgage Loan was originated by a savings and loan association, savings bank, commercial bank, credit union, insurance company, or similar institution which is supervised and examined by a federal or state authority, or by a mortgagee approved by the Secretary of Housing and Urban Development pursuant to sections 203 and 211 of the National Housing Act, all within the meaning of Section 3(a)(41) of the Securities Exchange Act of 1934, as amended.
 
37.  No Mortgage Loan is a High Cost Loan or Covered Loan, as applicable (as such terms are defined in the then current Standard & Poor’s LEVELS® Glossary, which is now Version 5.6(d) Revised, Appendix E, attached hereto as Exhibit 2) and no Mortgage Loan originated on or after October 1, 2002 through March 7, 2003 is governed by the “Georgia Fair Lending Act”;
 
38.  To the best of the Seller’s knowledge, there is no breach, default, violation or event of acceleration existing under the Mortgage or the Mortgage Note and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration;
 
39.  The related Mortgage Note and Mortgage are genuine and each is the legal, valid and binding obligation of the maker thereof, enforceable in accordance with its terms except as such enforcement may be limited by bankruptcy, insolvency, reorganization or other similar laws affecting the enforcement of creditors’ rights generally and by general equity principles (regardless of whether such enforcement is considered in a proceeding in equity or at law). To the best of Seller’s knowledge, all parties to the Mortgage Note and Mortgage had legal capacity to execute the Mortgage Note and Mortgage and each Mortgage Note and Mortgage have been duly and properly executed by such parties;
 
40.   The proceeds of each Mortgage Loan have been fully disbursed, and except with respect to any escrow holdbacks as approved by the related originator, 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 disbursement from any escrow funds therefore have been complied with;
 
41.  The related Mortgage contains customary and enforceable provisions which render the rights and remedies of the holder thereof adequate for the realization against the Mortgaged Property of the benefits of the security, including (1) in the case of Mortgage designated as a deed of trust, by trustee’s sale, and (2) otherwise by judicial foreclosure;
 
42.  The Mortgage contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Loan in the event that the Mortgaged Property is sold or transferred without the prior written consent of the mortgagee thereunder, except as may be limited by applicable law;
 
43.  With respect to each adjustable-rate Mortgage Loan, all adjustments to the Mortgage Rate and monthly payment have been done in accordance with the terms of the related Mortgage Note;
 
44.  The information set forth in the Mortgage Loan Schedule with respect to the Prepayment Charges is true and correct in all material respects; and
 
45.  No foreclosure proceedings are pending against the Mortgaged Property and the Mortgage Loan is not subject to any pending bankruptcy or insolvency proceeding, and to the best of the Seller’s knowledge or the knowledge of the related servicer, no material litigation or lawsuit relating to the Mortgage Loan is pending.
 

 

ASSIGNMENT AND RECOGNITION AGREEMENT
 
THIS ASSIGNMENT AND RECOGNITION AGREEMENT, dated October 31, 2006, (“Agreement”) among Citigroup Global Markets Realty Corp. (“Assignor”), Citigroup Mortgage Loan Trust Inc. (“Assignee”) and MortgageIT, Inc. (the “Company”):
 
For and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration the receipt and sufficiency of which hereby are acknowledged, and of the mutual covenants herein contained, the parties hereto hereby agree as follows:
 
Assignment and Conveyance
 
1.  The Assignor hereby conveys, sells, grants, transfers and assigns to the Assignee (x) all of the right, title and interest of the Assignor, as purchaser, in, to and under (a) those certain Mortgage Loans listed as being originated by the Company on the schedule (the “Mortgage Loan Schedule”) attached hereto as Exhibit A (the “Mortgage Loans”) other than the Servicing Rights appurtenant to the Mortgage Loans and (b) except as described below, that certain Master Mortgage Loan Purchase and Interim Servicing Agreement dated as of March 1, 2005, as amended (the “Purchase Agreement”), between the Assignor, as purchaser (the “Purchaser”), and the Company, as seller, solely insofar as the Purchase Agreement relates to the Mortgage Loans and (y) other than as provided below with respect to the enforcement of representations and warranties, none of the obligations of the Assignor under the Purchase Agreement.
 
The Assignor specifically reserves and does not assign to the Assignee hereunder any and all right, title and interest in, to and under and any obligations of the Assignor with respect to the Servicing Rights or any mortgage loans subject to the Purchase Agreement which are not the Mortgage Loans set forth on the Mortgage Loan Schedule and are not the subject of this Agreement.
 
The Assignor and the Assignee each hereby retain the right to enforce the representations and warranties set forth in Section 7.01 and Section 7.02 with respect to the Company and the Mortgage Loans against the Company; provided, however, that in no event shall the Company be required to pay the Repurchase Price with respect to any Mortgage Loan more than once in connection with the repurchase of a Mortgage Loan pursuant to Section 7.03 or 7.04 of the Purchase Agreement. In addition, the right to require the Company to repurchase a Mortgage Loan shall be exercised solely the Assignee, its successors and assigns.
 
Recognition of the Company
 
2.  From and after the date hereof, the Company shall and does hereby recognize that the Assignee will transfer the Mortgage Loans and assign its rights under the Purchase Agreement (solely to the extent set forth herein) and this Agreement to the trust created pursuant to a Pooling and Servicing Agreement, dated as of October 1, 2006 (the “Pooling Agreement”), among the Assignee, Ameriquest Mortgage Company, Wells Fargo Bank, N.A. and Opteum Financial Services, LLC (the “Servicers”), Wells Fargo Bank, N.A. (the “Trust Administrator” and the “Master Servicer”) and U.S. Bank, National Association, as trustee (including its successors in interest and any successor trustees under the Pooling Agreement, the “Trustee”). The Company hereby acknowledges and agrees that from and after the date hereof (i) the Trust will be the owner of the Mortgage Loans, (ii) the Company shall look solely to the Trust for performance of any obligations of the Assignor insofar as they relate to the enforcement of the representations, warranties and covenants with respect to the Mortgage Loans, (iii) the Trust (including the Trustee, the Trust Administrator and the Servicer acting on the Trust’s behalf) shall have all the rights and remedies available to the Assignor, insofar as they relate to the Mortgage Loans, under the Purchase Agreement, including, without limitation, the enforcement of the document delivery requirements and remedies with respect to breaches of representations and warranties set forth in the Purchase Agreement, and shall be entitled to enforce all of the obligations of the Company thereunder insofar as they relate to the Mortgage Loans, and (iv) all references to the Purchaser (insofar as they relate to the rights, title and interest and, with respect to obligations of the Purchaser, only insofar as they relate to the enforcement of the representations, warranties and covenants of the Company under the Purchase Agreement insofar as they relate to the Mortgage Loans, shall be deemed to refer to the Trust (including the Trustee, the Trust Administrator and the Servicer acting on the Trust’s behalf). Neither the Company nor the Assignor shall amend or agree to amend, modify, waiver, or otherwise alter any of the terms or provisions of the Purchase Agreement which amendment, modification, waiver or other alteration would in any way affect the Mortgage Loans or the Company’s performance under the Purchase Agreement with respect to the Mortgage Loans without the prior written consent of the Trustee.
 
Representations and Warranties of the Company
 
3.  The Company warrants and represents to the Assignor, the Assignee and the Trust as of the date hereof that:
 
(a)  The Company is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation;
 
(b)  The Company has full power and authority to execute, deliver and perform its obligations under this Agreement and has full power and authority to perform its obligations under the Purchase Agreement. The execution by the Company of this Agreement is in the ordinary course of the Company’s business and will not conflict with, or result in a breach of, any of the terms, conditions or provisions of the Company’s charter or bylaws or any legal restriction, or any material agreement or instrument to which the Company is now a party or by which it is bound, or result in the violation of any law, rule, regulation, order, judgment or decree to which the Company or its property is subject. The execution, delivery and performance by the Company of this Agreement have been duly authorized by all necessary corporate action on part of the Company. This Agreement has been duly executed and delivered by the Company, and, upon the due authorization, execution and delivery by the Assignor and the Assignee, will constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms except as enforceability may be limited by bankruptcy, reorganization, insolvency, moratorium or other similar laws now or hereafter in effect relating to creditors’ rights generally, and by general principles of equity regardless of whether enforceability is considered in a proceeding in equity or at law;
 
(c)  No consent, approval, order or authorization of, or declaration, filing or registration with, any governmental entity is required to be obtained or made by the Company in connection with the execution, delivery or performance by the Company of this Agreement;
 
(d)  Except as publicly disclosed in filings with the Securities and Exchange Commission by MortgageIT Holdings, Inc., the Company’s parent company, there is no action, suit, proceeding or investigation pending or, to its knowledge, threatened against the Company, before any court, administrative agency or other tribunal, which would draw into question the validity of this Agreement or the Purchase Agreement, or which, either in any one instance or in the aggregate, would result in any material adverse change in the ability of the Company to perform its obligations under this Agreement or the Purchase Agreement, and the Company is solvent;
 
(e)  (a) No Mortgage Loan is a “high cost home,” “covered” (excluding home loans defined as “covered home loans” in the New Jersey Home Ownership Security Act of 2002 that were originated between November 26, 2003 and July 7, 2004), “high risk home” or “predatory” loan under any other applicable state, federal or local law (or a similarly classified loan using different terminology under a law imposing heightened regulatory scrutiny or additional legal liability for residential mortgage loans having high interest rates, points and/or fees); and
 
(f)  The prepayment charges are enforceable and were originated in compliance with all applicable federal, state and local laws.
 
4.  Pursuant to Section 12 of the Purchase Agreement, the Company hereby represents and warrants, for the benefit of the Assignor, the Assignee and the Trust, that the representations and warranties set forth in Sections 7.01 and 7.02 of the Purchase Agreement (set forth on Schedule 1 hereto), are true and correct in all material respects as of the date hereof as if such representations and warranties were made on the date hereof except that (a) the representations and warranties set forth in such Subsections qualified by materiality shall be true and correct and (b) the representation and warranty set forth in Section 7.02(i) shall, for purposes of this Agreement, relate to the Mortgage Loan Schedule attached hereto.
 
In the event that (i) a Monthly Payment due prior to the related Cut-off Date (as defined in the Purchase Agreement) is not made within 30 days of the related Due Date or (ii) the first scheduled Monthly Payment due by the Mortgagor on a Mortgage Loan is due after the related Cut-off Date (as defined in the Purchase Agreement) and is not made within 30 days of such Due Date, the Company shall repurchase the affected Mortgage Loans at the Repurchase Price (as defined in the Purchase Agreement).
 
5.  The Assignor hereby makes the following representations and warranties as of the date hereof:
 
(a)     Each Mortgage Loan at the time it was made complied in all material respects with applicable local, state, and federal laws, including, but not limited to, all applicable predatory and abusive lending laws;
 
(b)     None of the Mortgage Loans are High Cost as defined by any applicable predatory and abusive lending laws;
 
(c)     No Mortgage Loan is a high cost loan or a covered loan, as applicable (as such terms are defined in the then current Standard & Poor’s LEVELS Version 5.7 Glossary Revised, Appendix E); and
 
(d)     No Mortgage Loan originated on or after Oct. 1, 2002 through Mar. 6, 2003 is governed by the Georgia Fair Lending Act
 
Remedies for Breach of Representations and Warranties
 
6.  The Company hereby acknowledges and agrees that the remedies available to the Assignor, the Assignee and the Trust (including the Trustee, the Trust Administrator and the Servicer acting on the Trust’s behalf) in connection with any breach of the representations and warranties made by the Company set forth in Sections 3 and 4 hereof shall be as set forth in Subsection 7.02 of the Purchase Agreement as if they were set forth herein (including without limitation the repurchase and indemnity obligations set forth therein). In addition, the Company hereby acknowledges and agrees that any breach of the representations set forth in Section 7.02 (xlvi), (xlix), (lvi), (lviii), (lxi), (lxviii), (lxvi) and (lxix) of the Purchase Agreement and Section 3(e) hereof shall be deemed to materially and adversely affect the value of the related mortgage loans or the interests of the Trust in the related mortgage loans.
 
The Assignor hereby acknowledges and agrees that the remedies available to the Assignee and the Trust (including the Trustee, the Trust Administrator and the Servicer acting on the Trust’s behalf) in connection with any breach of the representations and warranties made by the Assignor set forth in Section 5 hereof shall be as set forth in Section 2.03 of the Pooling Agreement as if they were set forth herein. In addition, the Assignor hereby acknowledges and agrees that any breach of the representations set forth in Section 5(d) hereof shall be deemed to materially and adversely affect the value of the related mortgage loans or the interests of the Trust in the related mortgage loans.
 
Miscellaneous
 
7.  This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflicts of law principles, and the obligations, rights and remedies of the parties hereunder shall be determined in accordance with such laws.
 
8.  No term or provision of this Agreement may be waived or modified unless such waiver or modification is in writing and signed by the party against whom such waiver or modification is sought to be enforced, with the prior written consent of the Trustee.
 
9.  This Agreement shall inure to the benefit of (i) the successors and assigns of the parties hereto and (ii) the Trust (including the Trustee, the Trust Administrator and the Servicer acting on the Trust’s behalf). Any entity into which Assignor, Assignee or Company may be merged or consolidated shall, without the requirement for any further writing, be deemed Assignor, Assignee or Company, respectively, hereunder.
 
10.  Each of this Agreement and the Purchase Agreement shall survive the conveyance of the Mortgage Loans and the assignment of the Purchase Agreement (to the extent assigned hereunder) by Assignor to Assignee and by Assignee to the Trust and nothing contained herein shall supersede or amend the terms of the Purchase Agreement.
 
11.  This Agreement may be executed simultaneously in any number of counterparts. Each counterpart shall be deemed to be an original and all such counterparts shall constitute one and the same instrument.
 
12.  In the event that any provision of this Agreement conflicts with any provision of the Purchase Agreement with respect to the Mortgage Loans, the terms of this Agreement shall control.
 
13.  As used herein, "Designated Area" means those zip codes listed on the attached Exhibit B.
 
14.  Capitalized terms used in this Agreement (including the exhibits hereto) but not defined in this Agreement shall have the meanings given to such terms in the Purchase Agreement.
 

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized officers as of the date first above written.
 
     
  CITIGROUP GLOBAL MARKETS REALTY CORP.
 
 
 
 
 
 
  By:  
  Name: 
  Title:  
 
     
 
CITIGROUP MORTGAGE LOAN TRUST INC.
 
 
 
 
 
 
  By:  
  Name: 
  Title:  
 
     
  MORTGAGEIT, INC.
 
 
 
 
 
 
  By:  
  Name: 
  Title:  



EXHIBIT A

Mortgage Loan Schedule



EXHIBIT B



Schedule 1

Representations and Warranties

Capitalized terms used herein but not defined in this Schedule 1 shall have the meanings given to such terms in the Purchase Agreement:

Subsection 7.01. Representations and Warranties Respecting the Seller.
 
The Seller represents, warrants and covenants to the Purchaser as of the initial Closing Date and each subsequent Closing Date or as of such date specifically provided herein or in the applicable Assignment and Conveyance:
 
(i)  The Seller is a corporation duly organized and validly existing under the laws of the State of New York. The Seller has all licenses necessary to carry out its business as now being conducted, and is licensed and qualified to transact business in and is in good standing under the laws of each state in which any Mortgaged Property is located or is otherwise exempt under applicable law from such licensing or qualification or is otherwise not required under applicable law to effect such licensing or qualification and no demand for such licensing or qualification has been made upon the Seller in any such state, and in any event the Seller is in compliance with the laws of any such state to the extent necessary to ensure the enforceability of each Mortgage Loan and the interim servicing of the Mortgage Loans in accordance with the terms of this Agreement. No licenses or approvals obtained by the Seller have been suspended or revoked by any court, administrative agency, arbitrator or governmental body and no proceedings are pending which might result in such suspension or revocation;
 
(ii)   The Seller has the full power and authority to hold each Mortgage Loan, to sell each Mortgage Loan, and to execute, deliver and perform, and to enter into and consummate, all transactions contemplated by this Agreement. The Seller has duly authorized the execution, delivery and performance of this Agreement, has duly executed and delivered this Agreement, and this Agreement, assuming due authorization, execution and delivery by the Purchaser, constitutes a legal, valid and binding obligation of the Seller, enforceable against it in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium or similar laws affecting the enforceability of creditors’ rights generally and by judicial discretion in applying principles of equity;
 
(iii)   The execution and delivery of this Agreement by the Seller and the performance of and compliance with the terms of this Agreement will not violate the Seller’s articles of incorporation or by-laws or constitute a default under or result in a breach or acceleration of, any material contract, agreement or other instrument to which the Seller is a party or which may be applicable to the Seller or its assets;
 
(iv)   The Seller is not in violation of, and the execution and delivery of this Agreement by the Seller and its performance and compliance with the terms of this Agreement will not constitute a violation with respect to, any order or decree of any court or any order or regulation of any federal, state, municipal or governmental agency having jurisdiction over the Seller or its assets, which violation would be reasonably likely to have consequences that would materially and adversely affect the condition (financial or otherwise) or the operation of the Seller or its assets or would be reasonably likely to have consequences that would materially and adversely affect the performance of its obligations and duties hereunder;
 
(v)   The Seller is an approved seller for FNMA and FHLMC in good standing and is a HUD approved mortgagee pursuant to Section 203 of the National Housing Act. No event has occurred, including but not limited to a change in insurance coverage, which would make the Seller unable to comply with FNMA, FHLMC or HUD eligibility requirements or which would require notification to FNMA, FHLMC or HUD;
 
(vi)   The Seller does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;
 
(vii)  The Mortgage Note, the Mortgage, the Assignment of Mortgage (other than with respect to any MOM Loan) and any other documents required to be delivered with respect to each Mortgage Loan pursuant to this Agreement, have been delivered to the Purchaser or its designee all 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 in compliance with Exhibit 5, except for such documents as have been delivered to the Purchaser or its designee;
 
(viii)  Immediately prior to the payment of the Purchase Price for each Mortgage Loan, the Seller was the owner of record of the related Mortgage and the indebtedness evidenced by the related Mortgage Note and upon the payment of the Purchase Price by the Purchaser, in the event that the Seller retains record title, the Seller shall retain such record title to each Mortgage, each related Mortgage Note and the related Mortgage Files with respect thereto in trust for the Purchaser as the owner thereof and only for the purpose of servicing and supervising the servicing of each Mortgage Loan;
 
(ix)   There are no actions or proceedings against, or investigations of, the Seller before any court, administrative or other tribunal (A) that are reasonably likely to prohibit its entering into this Agreement, (B) that are reasonably likely to prevent the sale of the Mortgage Loans or the consummation of the transactions contemplated by this Agreement or (C) that are reasonably likely to prohibit or materially and adversely affect the performance by the Seller of its obligations under, or the validity or enforceability of, this Agreement;
 
(x)  No consent, approval, authorization or order of any court or governmental agency or body is required for the execution, delivery and performance by the Seller of, or compliance by the Seller with, this Agreement or the consummation of the transactions contemplated by this Agreement, except for such consents, approvals, authorizations or orders, if any, that have been obtained prior to the Closing Date;
 
(xi)   The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of the Seller, and the transfer, assignment and conveyance of the Mortgage Notes and the Mortgages by the Seller pursuant to this Agreement are not subject to the bulk transfer or any similar statutory provisions;
 
(xii)  The transfer of the Mortgage Loans shall be treated as a sale on the books and records of the Seller, and the Seller has determined that, and will treat, the disposition of the Mortgage Loans pursuant to this Agreement for tax and accounting purposes as a sale. The Seller shall maintain a complete set of books for each Mortgage Loan that shall be clearly marked to reflect the ownership of each Mortgage Loan by the Purchaser;
 
(xiii)  The consideration received by the Seller upon the sale of the Mortgage Loans constitutes fair consideration and reasonably equivalent value for such Mortgage Loans;
 
(xiv)  The Seller is solvent and will not be rendered insolvent by the consummation of the transactions contemplated hereby. The Seller is not transferring any Mortgage Loan with any intent to hinder, delay or defraud any of its creditors;
 
(xv)  The information delivered by the Seller to the Purchaser with respect to the Seller’s loan loss, foreclosure and delinquency experience for the twelve (12) months immediately preceding the Initial Closing Date on mortgage loans underwritten to the same standards as the Mortgage Loans and covering mortgaged properties similar to the Mortgaged Properties, is true and correct in all material respects;
 
(xvi)  Neither this Agreement nor any written statement, report or other document prepared and furnished or to be prepared and furnished by the Seller pursuant to this Agreement or in connection with the transactions contemplated hereby contains any untrue statement of material fact or omits to state a material fact necessary to make the statements contained herein or therein not misleading; and
 
(xvii)  The Seller is a member of MERS in good standing, will comply in all material respects with the rules and procedures of MERS in connection with the servicing of the Mortgage Loans that are registered with MERS and is current in payment of all fees and assessments imposed by MERS.
 
Subsection 7.02. Representations and Warranties Regarding Individual Mortgage Loans.
 
The Seller hereby represents and warrants to the Purchaser that, as to each Mortgage Loan, as of the related Closing Date for such Mortgage Loan:
 
(i)  The information set forth in the related Mortgage Loan Schedule is complete, true and correct;
 
(ii)  The Mortgage Loan is in compliance with all requirements set forth in the related Confirmation, and the characteristics of the related Mortgage Loan Package as set forth in the related Confirmation are true and correct;
 
(iii)   All payments required to be made up to the close of business on the Closing Date for such Mortgage Loan under the terms of the Mortgage Note have been made. The Seller has not advanced funds, or induced, solicited or knowingly received any advance of funds from a party other than the owner of the related Mortgaged Property, directly or indirectly, for the payment of any amount required by the Mortgage Note or Mortgage; and there has been no delinquency, exclusive of any period of grace, in any payment by the Mortgagor thereunder since the origination of the Mortgage Loan;
 
(iv)   There are no delinquent taxes, ground rents, water charges, sewer rents, assessments, insurance premiums, leasehold payments, including assessments payable in future installments or other outstanding charges affecting the related Mortgaged Property;
 
(v)   The terms of the Mortgage Note and the Mortgage have not been impaired, waived, altered or modified in any respect, except by written instruments, recorded in the applicable public recording office or registered with the MERS System if necessary to maintain the lien priority of the Mortgage, and which have been delivered to the Purchaser or its designee; the substance of any such waiver, alteration or modification has been approved by the title insurer, to the extent required by the related policy, and is reflected on the related Mortgage Loan Schedule. No instrument of waiver, alteration or modification has been executed, and no Mortgagor has been released, in whole or in part, except in connection with an assumption agreement approved by the title insurer, to the extent required by the policy, and which assumption agreement has been delivered to the Purchaser or its designee and the terms of which are reflected in the related Mortgage Loan Schedule;
 
(vi)   The Mortgage Note and the Mortgage are not subject to any right of rescission, set-off, counterclaim or defense, including the defense of usury, nor will the operation of any of the terms of the Mortgage Note and the Mortgage, or the exercise of any right thereunder, render the Mortgage unenforceable, in whole or in part, or subject to any right of rescission, set-off, counterclaim or defense, including the defense of usury and no such right of rescission, set-off, counterclaim or defense has been asserted with respect thereto. Each Prepayment Charge or penalty with respect to any Mortgage Loan is permissible, enforceable and collectible under applicable federal, state and local law;
 
(vii)  All buildings upon the Mortgaged Property are insured by an insurer acceptable to FNMA and FHLMC against loss by fire, hazards of extended coverage and such other hazards as are customary in the area where the Mortgaged Property is located, pursuant to insurance policies conforming to the requirements of FNMA and FHLMC. All such insurance policies contain a standard mortgagee clause naming the Seller, its successors and assigns as mortgagee and all premiums thereon have been paid. If the Mortgaged Property is in an area identified on a Flood Hazard Map or Flood Insurance Rate Map issued by the Federal Emergency Management Agency as having special flood hazards (and such flood insurance has been made available) a flood insurance policy meeting the requirements of the current guidelines of the Federal Insurance Administration is in effect which policy conforms to the requirements of FNMA and FHLMC. The Mortgage obligates the Mortgagor thereunder to maintain all such insurance at the Mortgagor’s cost and expense, and on the Mortgagor’s failure to do so, authorizes the holder of the Mortgage to maintain such insurance at Mortgagor’s cost and expense and to seek reimbursement therefor from the Mortgagor;
 
(viii)  Any and all requirements of any federal, state or local law including, without limitation, usury, truth in lending, real estate settlement procedures, predatory and abusive lending, consumer credit protection, equal credit opportunity, fair housing or disclosure laws applicable to the origination and servicing of mortgage loans of a type similar to the Mortgage Loans have been complied with;
 
(ix)   The Mortgage has not been satisfied, cancelled, subordinated or rescinded, in whole or in part, and the Mortgaged Property has not been released from the lien of the Mortgage, in whole or in part, nor has any instrument been executed that would effect any such satisfaction, cancellation, subordination, rescission or release;
 
(x)  The Mortgage is a valid, existing and enforceable first or second (as indicated on the Mortgage Loan Schedule) lien on the Mortgaged Property, including all improvements on the Mortgaged Property subject only to (a) the lien of current real property taxes and assessments not yet due and payable, (b) covenants, conditions and restrictions, rights of way, easements and other matters of the public record as of the date of recording being acceptable to mortgage lending institutions generally and specifically referred to in the lender’s title insurance policy delivered to the originator of the Mortgage Loan and which do not adversely affect the Appraised Value of the Mortgaged Property, (c) to the extent the Mortgage Loan is a second lien Mortgage Loan, the related first lien on the Mortgaged Property; and (d) other matters to which like properties are commonly subject which do not materially interfere with the benefits of the security intended to be provided by the Mortgage or the use, enjoyment, value or marketability of the related Mortgaged Property. Any security agreement, chattel mortgage or equivalent document related to and delivered in connection with the Mortgage Loan establishes and creates a valid, existing and enforceable first or second (as indicated on the Mortgage Loan Schedule) lien and first or second (as indicated on the Mortgage Loan Schedule) priority security interest on the property described therein and the Seller has full right to sell and assign the same to the Purchaser. The Mortgaged Property was not, as of the date of origination of the Mortgage Loan, subject to a mortgage, deed of trust, deed to secure debt or other security instrument creating a lien subordinate to the lien of the Mortgage;
 
(xi)  The Mortgage Note and the related Mortgage are genuine and each is the legal, valid and binding obligation of the maker thereof, enforceable in accordance with its terms except as such enforcement may be limited by bankruptcy;
 
(xii)  All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;
 
(xiii)  The proceeds of the Mortgage Loan have been fully disbursed to or for the account of the Mortgagor and there is no obligation for the Mortgagee to advance additional funds thereunder and any and all requirements as to completion of any on-site or off-site improvement and as to disbursements of any escrow funds therefor have been complied with. All costs, fees and expenses incurred in making or closing the Mortgage Loan and the recording of the Mortgage have been paid, and the Mortgagor is not entitled to any refund of any amounts paid or due to the Mortgagee pursuant to the Mortgage Note or Mortgage;
 
(xiv)  The Seller is the sole legal, beneficial and equitable owner of the Mortgage Note and the Mortgage and has full right to transfer and sell the Mortgage Loan to the Purchaser free and clear of any encumbrance, equity, lien, pledge, charge, claim or security interest;
 
(xv)  All parties which have had any interest in the Mortgage Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were) in material compliance with any and all applicable “doing business” and licensing requirements of the laws of the state wherein the Mortgaged Property is located (or were otherwise exempt from such requirements under applicable law);
 
(xvi)  The Mortgage Loan is covered by an American Land Title Association (“ALTA”) lender’s title insurance policy (which, in the case of an Adjustable Rate Mortgage Loan has an adjustable rate mortgage endorsement in the form of ALTA 6.0 or 6.1) acceptable to FNMA and FHLMC, issued by a title insurer acceptable to FNMA and FHLMC and qualified to do business in the jurisdiction where the Mortgaged Property is located, insuring (subject to the exceptions contained in (x)(a) and (b) above) the Seller, its successors and assigns as to the first or second (as indicated on the Mortgage Loan Schedule) priority lien of the Mortgage in the original principal amount of the Mortgage Loan and, with respect to any Adjustable Rate Mortgage Loan, against any loss by reason of the invalidity or unenforceability of the lien resulting from the provisions of the Mortgage providing for adjustment in the Mortgage Interest Rate and Monthly Payment. Additionally, such lender’s title insurance policy affirmatively insures ingress and egress to and from the Mortgaged Property, and against encroachments by or upon the Mortgaged Property or any interest therein. The Seller is the sole insured of such lender’s title insurance policy, and such lender’s title insurance policy is in full force and effect and will be in full force and effect upon the consummation of the transactions contemplated by this Agreement. No claims have been made under such lender’s title insurance policy, and no prior holder of the related Mortgage, including the Seller, has done, by act or omission, anything which would impair the coverage of such lender’s title insurance policy;
 
(xvii)  There is no default, breach, violation or event of acceleration existing under the Mortgage or the Mortgage Note and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration, and the Seller has not waived any default, breach, violation or event of acceleration. With respect to each second lien mortgage loan (i) the first lien mortgage loan is in full force and effect, (ii) to the best of Seller’s knowledge, there is no default, breach, violation or event of acceleration existing under such first lien mortgage or the related mortgage note, (iii) no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event of acceleration thereunder, and either (A) the first lien mortgage contains a provision which allows or (B) applicable law requires, the mortgagee under the second lien Mortgage Loan to receive notice of, and affords such mortgagee an opportunity to cure any default by payment in full or otherwise under the first lien mortgage;
 
(xviii)  There are no mechanics’ or similar liens or claims which have been filed for work, labor or material (and no rights are outstanding that under law could give rise to such lien) affecting the related Mortgaged Property which are or may be liens prior to, or equal or coordinate with, the lien of the related Mortgage;
 
(xix)  All improvements which were considered in determining the Appraised Value of the related Mortgaged Property lay wholly within the boundaries and building restriction lines of the Mortgaged Property, and no improvements on adjoining properties encroach upon the Mortgaged Property;
 
(xx)  As of the origination of the Mortgage Loan, no improvement located on the Mortgaged Property was in violation of any applicable zoning or subdivision laws or ordinances;
 
(xxi)  The Mortgage Loan was originated by the Seller or by a savings and loan association, a savings bank, a commercial bank, credit union, insurance company or similar banking institution which is supervised and examined by a federal or state authority, or by a mortgagee approved as such by the Secretary of HUD pursuant to Section 203 and 211 of the National Housing Act;
 
(xxii)  Principal payments on the Mortgage Loan commenced no more than sixty days after the proceeds of the Mortgage Loan were disbursed. The Mortgage Loan bears interest at the Mortgage Interest Rate. With respect to each Mortgage Loan, the Mortgage Note is payable on the first day of each month in Monthly Payments, which, other than with respect to a Balloon Mortgage Loan, in the case of a Fixed Rate Mortgage Loans, are sufficient to fully amortize the original principal balance over the original term thereof and to pay interest at the related Mortgage Interest Rate, and, in the case of an Adjustable Rate Mortgage Loan, are changed on each Adjustment Date, and in any case, are sufficient to fully amortize the original principal balance over the original term thereof and to pay interest at the related Mortgage Interest Rate. The Index for each Adjustable Rate Mortgage Loan is as defined in the related Confirmation. With respect to each Balloon Mortgage Loan, the Mortgage Note requires a monthly payment which is sufficient to fully amortize the original principal balance over the original term thereof and to pay interest at the related Mortgage Interest Rate and requires a final Monthly Payment substantially greater than the preceding monthly payment which is sufficient to repay the remained unpaid principal balance of the Balloon Mortgage Loan as of the Due Date of such monthly payment. The Mortgage Note does not permit negative amortization. No Mortgage Loan is a Convertible Mortgage Loan;
 
(xxiii)  The origination and collection practices used by the Seller with respect to each Mortgage Note and Mortgage have been in all respects legal, proper, prudent and customary in the mortgage origination and servicing industry. The Mortgage Loan has been serviced by the Seller and any predecessor servicer in accordance with the terms of the Mortgage Note. With respect to escrow deposits and Escrow Payments, if any, all such payments are in the possession of, or under the control of, the Seller and there exist no deficiencies in connection therewith for which customary arrangements for repayment thereof have not been made. No escrow deposits or Escrow Payments or other charges or payments due the Seller have been capitalized under any Mortgage or the related Mortgage Note and no such escrow deposits or Escrow Payments are being held by the Seller for any work on a Mortgaged Property which has not been completed;
 
(xxiv)  The Mortgaged Property is in good repair and is free of material damage and waste and there is no proceeding pending for the total or partial condemnation thereof;
 
(xxv)  The Mortgage and related Mortgage Note contain customary and enforceable provisions such as to render the rights and remedies of the holder thereof adequate for the realization against the Mortgaged Property of the benefits of the security provided thereby, including, (a) in the case of a Mortgage designated as a deed of trust, by trustee’s sale, and (b) otherwise by judicial foreclosure. The Mortgaged Property has not been subject to any bankruptcy proceeding or foreclosure proceeding and the Mortgagor has not filed for protection under applicable bankruptcy laws. There is no homestead or other exemption available to the Mortgagor which would interfere with the right to sell the Mortgaged Property at a trustee’s sale or the right to foreclose the Mortgage. The Mortgagor has not notified the Seller and the Seller has no knowledge of any relief requested or allowed to the Mortgagor under the Servicemembers’ Civil Relief Act;
 
(xxvi)  The Mortgage Loan was underwritten in accordance with the underwriting standards of the Seller in effect at the time the Mortgage Loan was originated, which underwriting standards satisfy the standards of FNMA and FHLMC; and the Mortgage Note and Mortgage are on forms acceptable to FNMA and FHLMC;
 
(xxvii)  The Mortgage Note is not and has not been secured by any collateral except the lien of the corresponding Mortgage on the Mortgaged Property and the security interest of any applicable security agreement or chattel mortgage referred to in (x) above;
 
(xxviii)  The Mortgage File contains an appraisal of the related Mortgaged Property which satisfied the standards of FNMA and FHLMC, was on appraisal form 1004 or form 2055 with an interior inspection, and was made and signed, prior to the approval of the Mortgage Loan application, by a qualified appraiser, duly appointed by the Seller, who had no interest, direct or indirect in the Mortgaged Property or in any loan made on the security thereof, whose compensation is not affected by the approval or disapproval of the Mortgage Loan and who met the minimum qualifications of FNMA and FHLMC. Each appraisal of the Mortgage Loan was made in accordance with the relevant provisions of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989;
 
(xxix)  In the event the Mortgage constitutes a deed of trust, a trustee, duly qualified under applicable law to serve as such, has been properly designated and currently so serves and is named in the Mortgage, and no fees or expenses are or will become payable by the Purchaser to the trustee under the deed of trust, except in connection with a trustee’s sale after default by the Mortgagor;
 
(xxx)  No Mortgage Loan contains provisions pursuant to which Monthly Payments are (a) paid or partially paid with funds deposited in any separate account established by the Seller, the Mortgagor, or anyone on behalf of the Mortgagor, (b) paid by any source other than the Mortgagor or (c) contains any other similar provisions which may constitute a “buydown” provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;
 
(xxxi)  The Mortgagor has executed a statement to the effect that the Mortgagor has received all disclosure materials required by applicable law with respect to the making of fixed rate mortgage loans in the case of Fixed Rate Mortgage Loans, and adjustable rate mortgage loans in the case of Adjustable Rate Mortgage Loans and rescission materials with respect to Refinanced Mortgage Loans, and such statement is and will remain in the Mortgage File;
 
(xxxii)  No Mortgage Loan was made in connection with (a) the construction or rehabilitation of a Mortgaged Property or (b) facilitating the trade-in or exchange of a Mortgaged Property;
 
(xxxiii)  The Seller has no knowledge of any circumstances or condition with respect to the Mortgage, the Mortgaged Property, the Mortgagor or the Mortgagor’s credit standing that can reasonably be expected to cause the Mortgage Loan to be an unacceptable investment, cause the Mortgage Loan to become delinquent, or adversely affect the value of the Mortgage Loan;
 
(xxxiv)  No Mortgage Loan had an LTV or a CLTV at origination in excess of 100%. Each Mortgage Loan with an LTV or CLTV at origination in excess of 80% is and will be subject to a Primary Insurance Policy, issued by a Qualified Insurer, which insures that portion of the Mortgage Loan in excess of the portion of the Appraised Value of the Mortgaged Property required by FNMA. All provisions of such Primary Insurance Policy have been and are being complied with, such policy is in full force and effect, and all premiums due thereunder have been paid. Any Mortgage subject to any such Primary Insurance Policy obligates the Mortgagor thereunder to maintain such insurance and to pay all premiums and charges in connection therewith. The Mortgage Interest Rate for the Mortgage Loan does not include any such insurance premium;
 
(xxxv)  The Mortgaged Property is, to the best of the Seller’s knowledge, lawfully occupied under applicable law; all inspections, licenses and certificates required to be made or issued with respect to all occupied portions of the Mortgaged Property and, with respect to the use and occupancy of the same, including but not limited to certificates of occupancy, have been made or obtained from the appropriate authorities;
 
(xxxvi)  No error, omission, misrepresentation, negligence, fraud or similar occurrence with respect to a Mortgage Loan has taken place on the part of the Mortgagor, the Seller, or to the best of Seller’s knowledge, any appraiser, any builder or developer, or any other party involved in the origination of the Mortgage Loan or in the application of any insurance in relation to such Mortgage Loan;
 
(xxxvii)  For each Mortgage Loan that is not a MOM Loan, the Assignment of Mortgage is in recordable form except for the name of the assignee that is blank and is acceptable for recording under the laws of the jurisdiction in which the Mortgaged Property is located. The original Mortgage was or is being recorded and, unless the Mortgage Loan is subject to the MERS System, all subsequent assignments of the original Mortgage (other than the assignment to Purchaser) have been recorded in the appropriate jurisdiction wherein such recordation is necessary to perfect the lien thereof against creditors of Seller, or is in the process of being recorded.
 
(xxxviii)  Any principal advances made to the Mortgagor prior to the Cut-off Date have been consolidated with the outstanding principal amount secured by the Mortgage, and the secured principal amount, as consolidated, bears a single interest rate and single repayment term. The lien of the Mortgage securing the consolidated principal amount is expressly insured as having first or second lien priority by a title insurance policy or an endorsement to the policy insuring the mortgagee’s consolidated interest. The consolidated principal amount does not exceed the original principal amount of the Mortgage Loan;
 
(xxxix)  Unless otherwise set forth on the related Mortgage Loan Schedule, no Mortgage Loan has a balloon payment feature;
 
(xl)   If the Residential Dwelling on the Mortgaged Property is a condominium unit or a unit in a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project meets the eligibility requirements of FNMA and FHLMC;
 
(xli)  The source of the down payment with respect to each Mortgage Loan has been fully verified by the Seller;
 
(xlii)  Interest on each Mortgage Loan is calculated on the basis of a 360-day year consisting of twelve 30-day months;
 
(xliii)  The Mortgaged Property is in material compliance with all applicable environmental laws pertaining to environmental hazards including, without limitation, asbestos, and neither the Seller nor, to the Seller’s knowledge, the related Mortgagor, has received any notice of any violation or potential violation of such law;
 
(xliv)  Seller shall, at its own expense, cause each Mortgage Loan to be covered by a Tax Service Contract which is assignable to the Purchaser or its designee; provided however, that if the Seller fails to purchase such Tax Service Contract, the Seller shall be required to reimburse the Purchaser for all costs and expenses incurred by the Purchaser in connection with the purchase of any such Tax Service Contract;
 
(xlv)  Each Mortgage Loan is covered by a Flood Zone Service Contract which is assignable to the Purchaser or its designee or, for each Mortgage Loan not covered by such Flood Zone Service Contract, the Seller agrees to purchase such Flood Zone Service Contract;
 
(xlvi)  No Mortgage Loan is (a) subject to the provisions of the Homeownership and Equity Protection Act of 1994 as amended (“HOEPA”), (b) a “high cost” mortgage loan, “covered” mortgage loan, “high risk home” mortgage loan or “predatory” mortgage loan or any other comparable term, no matter how defined under any federal, state or local law, (c) subject to any comparable federal, state or local statutes or regulations, or any other statute or regulation providing for heightened regulatory scrutiny or assignee liability to holders of such mortgage loans, or (d) a High Cost Loan or Covered Loan, as applicable (as such terms are defined in the current Standard & Poor’s LEVELS® Glossary Revised, Appendix E);
 
(xlvii)  No predatory or deceptive lending practices, including but not limited to, the extension of credit to a mortgagor without regard for the mortgagor’s ability to repay the Mortgage Loan and the extension of credit to a mortgagor which has no apparent benefit to the mortgagor, were employed in connection with the origination of the Mortgage Loan. Each Mortgage Loan is in compliance with the anti-predatory lending eligibility for purchase requirements of the FNMA Guides;
 
(xlviii)  Not more than one percent (1%) of the Mortgage Loans purchased on the related Closing Date, measured by the aggregate Stated Principal Balance of such Mortgage Loans as of the related Cut-off Date, include a Mortgage Note for which a lost note affidavit with indemnification has been delivered;
 
(xlix)  No Mortgagor was required to purchase any single premium credit insurance policy (e.g., life, disability, accident, unemployment, or health insurance product) or debt cancellation agreement as a condition of obtaining the extension of credit. No Mortgagor obtained a prepaid single premium credit insurance policy (e.g., life, disability, accident, unemployment, mortgage, or health insurance) in connection with the origination of the Mortgage Loan. No proceeds from any Mortgage Loan were used to purchase single premium credit insurance policies or debt cancellation agreements as part of the origination of, or as a condition to closing, such Mortgage Loan;
 
(l)  The Mortgage Loans were not selected from the outstanding one to four-family mortgage loans in the Seller’s portfolio at the related Closing Date as to which the representations and warranties set forth in this Agreement could be made in a manner so as to affect adversely the interests of the Purchaser;
 
(li)   The Mortgage contains an enforceable provision for the acceleration of the payment of the unpaid principal balance of the Mortgage Loan in the event that the Mortgaged Property is sold or transferred without the prior written consent of the mortgagee thereunder;
 
(lii)   The Mortgage Loan complies with all applicable consumer credit statutes and regulations, including, without limitation, the respective Uniform Consumer Credit Code laws in effect in Colorado, Idaho, Indiana, Iowa, Kansas, Maine, Oklahoma, South Carolina, Utah and Wyoming (to the extent that the related Mortgaged Property is located in such state), has been originated by a properly licensed entity, and in all other respects, complies with all of the material requirements of any such applicable laws;
 
(liii)  The information set forth in the Prepayment Charge Schedule is complete, true and correct in all material respects and each Prepayment Charge is permissible, enforceable and collectable under applicable federal and state law;
 
(liv)  The Mortgage Loan was not prepaid in full prior to the Closing Date and the Seller has not received notification from a Mortgagor that a prepayment in full shall be made after the Closing Date;
 
(lv)  No Mortgage Loan is secured by cooperative housing, commercial property, mobile homes, manufactured housing or mixed use property;
 
(lvi)  Except as set forth on the related Mortgage Loan Schedule, none of the Mortgage Loans are subject to a Prepayment Charge. For any Mortgage Loan originated prior to October 1, 2002 that is subject to a Prepayment Charge, such Prepayment Charge does not extend beyond five years after the date of origination. For any Mortgage Loan originated on or following October 1, 2002 that is subject to a Prepayment Charge, such Prepayment Charge does not extend beyond three years after the date of origination. With respect to any Mortgage Loan that contains a provision permitting imposition of a Prepayment Charge upon a prepayment prior to maturity: (i) prior to the Mortgage Loan’s origination, the Mortgagor agreed to such Prepayment Charge in exchange for a monetary benefit, including but not limited to a rate or fee reduction, (ii) prior to the Mortgage Loan’s origination, the Mortgagor was offered the option of obtaining a Mortgage Loan that did not require payment of such a Prepayment Charge, (iii) the Prepayment Charge is disclosed to the Mortgagor in the loan documents pursuant to applicable state and federal law, (iv) for Mortgage Loans originated on or after September 1, 2004, the duration of the prepayment period shall not exceed three (3) years from the date of the Mortgage Note, unless the Mortgage Loan was modified to reduce the prepayment period to no more than three years from the date of the Mortgage Note and the Mortgagor was notified in writing of such reduction in prepayment period, and (v) notwithstanding any state or federal law to the contrary, the Seller shall not impose such Prepayment Charge in any instance when the mortgage debt is accelerated as the result of the Mortgagor’s default in making the loan payments;
 
(lvii)  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 the 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. No Mortgage Loan is subject to nullification pursuant to Executive Order 13224 (the “Executive Order”) or the regulations promulgated by the Office of Foreign Assets Control of the United States Department of the Treasury (the “OFAC Regulations”) or in violation of the Executive Order or the OFAC Regulations, and no Mortgagor is subject to the provisions of such Executive Order or the OFAC Regulations nor listed as a “blocked person” for purposes of the OFAC Regulations;
 
(lviii)  No Mortgage Loan is secured by real property or secured by a manufactured home located in the state of Georgia unless (x) such Mortgage Loan was originated prior to October 1, 2002 or after March 6, 2003, or (y) the property securing the Mortgage Loan is not, nor will be, occupied by the Mortgagor as the Mortgagor’s principal dwelling. No Mortgage Loan is a “High Cost Home Loan” as defined in the Georgia Fair Lending Act, as amended (the “Georgia Act”) or the New York Banking Law 6-1. Each Mortgage Loan that is a “Home Loan” under the Georgia Act complies with all applicable provisions of the Georgia Act. No Mortgage Loan secured by owner occupied real property or an owner occupied manufactured home located in the State of Georgia was originated (or modified) on or after October 1, 2002 through and including March 6, 2003;
 
(lix)  No Mortgagor was encouraged or required to select a Mortgage Loan product offered by the Mortgage Loan’s originator which is a higher cost product designed for less creditworthy borrowers, unless at the time of the Mortgage Loan’s origination, such Mortgagor did not qualify taking into account credit history and debt to income ratios for a lower cost credit product then offered by the Mortgage Loan’s originator or any affiliate of the Mortgage Loan’s originator. If, at the time of loan application, the Mortgagor may have qualified for a for a lower cost credit product then offered by any mortgage lending affiliate of the Mortgage Loan’s originator, the Mortgage Loan’s originator referred the Mortgagor’s application to such affiliate for underwriting consideration;
 
(lx)  The methodology used in underwriting the extension of credit for each Mortgage Loan employs objective mathematical principles which relate the Mortgagor’s income, assets and liabilities to the proposed payment and such underwriting methodology does not rely on the extent of the Mortgagor’s equity in the collateral as the principal determining factor in approving such credit extension. Such underwriting methodology confirmed that at the time of origination (application/approval) the Mortgagor had a reasonable ability to make timely payments on the Mortgage Loan;
 
(lxi)  With respect to each Mortgage Loan, the Seller has fully and accurately furnished complete information on the related borrower credit files to Equifax, Experian and Trans Union Credit Information Company, in accordance with the Fair Credit Reporting Act and its implementing regulations, on a monthly basis and the Seller for each Loan will furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information on its borrower credit files to Equifax, Experian, and Trans Union Credit Information Company, on a monthly basis;
 
(lxii)  All points and fees related to each Mortgage Loan were disclosed in writing to the related Borrower in accordance with applicable state and federal law and regulation. Except in the case of a Mortgage Loan in an original principal amount of less than $60,000 which would have resulted in an unprofitable origination, no related Borrower was charged “points and fees” (whether or not financed) in an amount greater than 5% of the principal amount of such loan, such 5% limitation is calculated in accordance with Fannie Mae’s anti-predatory lending requirements as set forth in the Fannie Mae Selling Guide;
 
(lxiii)  All fees and charges (including finance charges) and whether or not financed, assessed, collected or to be collected in connection with the origination and servicing of each Mortgage Loan has been disclosed in writing to the Mortgagor in accordance with applicable state and federal law and regulation;
 
(lxiv)  The Seller will transmit full-file credit reporting data for each Mortgage Loan pursuant to Fannie Mae Guide Announcement 95-19 and for each Mortgage Loan, Seller agrees it shall report one of the following statuses each month as follows: new origination, current, delinquent (30-, 60-, 90-days, etc.), foreclosed, or charged-off;
 
(lxv)  No Mortgage Loan is a “High Cost Home Loan” as defined in the Arkansas Home Loan Protection Act effective October 16, 2003 (Act 1340 or 2003);
 
(lxvi)  No Mortgage Loan is a “High Cost Home Loan” as defined in the Kentucky high-cost loan statute effective June 24, 2003 (Ky. Rev. Stat. Section 360.100);
 
(lxvii)  No Mortgage Loan secured by property located in the State of Nevada is a “home loan” as defined in the Nevada Assembly Bill No. 284;
 
(lxviii)  No Mortgage Loan is a “manufactured housing loan” or “home improvement home loan” pursuant to the New Jersey Home Ownership Act. No Mortgage Loan is a “High-Cost Home Loan” or a refinanced “Covered Home Loan,” in each case, as defined in the New Jersey Home Ownership Act effective November 27, 2003 (N.J.S.A. 46;10B-22 et seq.);
 
(lxix)  Each Mortgage Loan constitutes a “qualified mortgage” under Section 860G(a)(3)(A) of the Code and Treasury Regulation Section 1.860G-2(a)(1);
 
(lxx)  No Mortgage Loan is a subsection 10 mortgage under the Oklahoma Home Ownership and Equity protection Act;
 
(lxxi)  No Mortgage Loan is a “High-Cost Home Loan” as defined in the New Mexico Home Loan Protection Act effective January 1, 2004 (N.M. Stat. Ann. §§ 58-21A-1 et seq.);
 
(lxxii)  No Mortgage Loan is a “High-Risk Home Loan” as defined in the Illinois High-Risk Home Loan Act effective January 1, 2004 (815 Ill. Comp. Stat. 137/1 et seq.);
 
(lxxiii)  No Mortgage Loan originated in the City of Los Angeles is subject to the City of Los Angeles California Ordinance 175008 as a “home loan”;
 
(lxxiv)  No Mortgage Loan originated in the City of Oakland is subject to the City of Oakland, California Ordinance 12361 as a “home loan”;
 
(lxxv)  No Mortgage Loan is a “High-Cost Home Loan” as defined under the Maine House Bill 383 L.D. 494, effective as of September 13, 2003;
 
(lxxvi)  No Mortgage Loan is a “High-Cost Home Mortgage Loan” as defined in the Massachusetts Predatory Home Loan Practices Act, effective November 7, 2004 (Mass. Ann. Laws Ch. 183C);
 
(lxxvii)  With respect to any Mortgage Loan for which a mortgage loan application was submitted by the Mortgagor after April 1, 2004, no such Mortgage Loan secured by Mortgaged Property in the State of Illinois which has a Mortgage Interest Rate in excess of 8.0% per annum has lender-imposed fees (or other charges) in excess of 3.0% of the original principal balance of the Mortgage Loan;
 
(lxxviii)  With respect to each MOM Loan, a MIN has been assigned by MERS and such MIN is accurately provided on the Mortgage Loan Schedule. The related Assignment of Mortgage to MERS has been duly and properly recorded, or has been delivered for recording to the applicable recording office;
 
(lxxix)  With respect to each MERS Mortgage Loan, Seller has not received any notice of liens or legal actions with respect to such Mortgage Loan and no such notices have been electronically posted by MERS;
 
(lxxx)  No Mortgagor agreed to submit to arbitration to resolve any dispute arising out of or relating in any way to the Mortgage Loan transaction, and with respect to any Mortgage Loan originated on or after August 1, 2004, neither the Mortgage nor the Mortgage Note requires the Mortgagor to submit to arbitration to resolve any dispute arising out of or relating in any way to the origination of the Mortgage Loan;
 
(lxxxi)  No Loan is a “High Cost Home Loan” governed by the Indiana Home Loan Practices Act, Ind. Code Ann. §§ 24-9-1-1 et seq.;
 
(lxxxii)  With respect to each Mortgage Loan, (i) if the related first lien provides for negative amortization, the CLTV was calculated at the maximum principal balance of such first lien that could result upon application of such negative amortization feature, and (ii) either no consent for the Mortgage Loan is required by the holder of the first lien or such consent has been obtained and is contained in the Mortgage File;
 
(lxxxiii)  The Mortgagee has not made or caused to be made any payment in the nature of an “average” or “yield spread premium” to a mortgage broker or a like Person which has not been fully disclosed to the Mortgagor;
 
(lxxxiv)  No Mortgage Loan secured by a Mortgaged Property located in the Commonwealth of Massachusetts was made to pay off or refinance an existing loan or other debt of the related borrower (as the term “borrower” is defined in the regulations promulgated by the Massachusetts Secretary of State in connection with Massachusetts House Bill 4880 (2004)) unless (a) the related Mortgage Interest Rate (that would be effective once the introductory rate expires, with respect to Adjustable Rate Mortgage Loans) did or would not exceed by more than 2.25% the yield on United States Treasury securities having comparable periods of maturity to the maturity of the related Mortgage Loan as of the fifteenth day of the month immediately preceding the month in which the application for the extension of credit was received by the related lender or (b) the Mortgage Loan is an “open-end home loan” (as such term is used in the Massachusetts House Bill 4880 (2004)) and the related Mortgage Note provides that the related Mortgage Interest Rate may not exceed at any time the Prime rate index as published in The Wall Street Journal plus a margin of one percent;
 
(lxxxv)  With respect to each Mortgage Loan that is secured in whole or in part by the interest of the Mortgagor as a lessee under a ground lease of the related Mortgaged Property (a “Ground Lease”) and not by a fee interest in such Mortgaged Property:
 
(a)  The Mortgagor is the owner of a valid and subsisting interest as tenant under the Ground Lease;
 
(b)  The Ground Lease is in full force and effect, unmodified and not supplemented by any writing or otherwise;
 
(c)  The Mortgagor is not in default under any of the terms thereof and there are no circumstances which, with the passage of time or the giving of notice or both, would constitute an event of default thereunder;
 
(d)  The lessor under the Ground Lease is not in default under any of the terms or provisions thereof on the part of the lessor to be observed or performed;
 
(e)  The term of the Ground Lease exceeds the maturity date of the related Mortgage Loan by at least ten years;
 
(f)  The Ground Lease or a memorandum thereof has been recorded and by its terms permits the leasehold estate to be mortgaged. The Ground Lease grants any leasehold mortgagee standard protection necessary to protect the security of a leasehold mortgagee;
 
(g)  The Ground Lease does not contain any default provisions that could give rise to forfeiture or termination of the Ground Lease except for the non-payment of the Ground Lease rents;
 
(h)  The execution, delivery and performance of the Mortgage do not require the consent (other than those consents which have been obtained and are in full force and effect) under, and will not contravene any provision of or cause a default under, the Ground Lease;
 
(i)  The Ground Lease provides that the leasehold can be transferred, mortgaged and sublet an unlimited number of times either without restriction or on payment of a reasonable fee and delivery of reasonable documentation to the lessor;
 
(j)  The Mortgagor has not commenced any action or given or received any notice for the purpose of terminating the Ground Lease;
 
(k)  No lessor, as debtor in possession or by a trustee for such lessor has give any notice of, and the Mortgagor has not consented to, any attempt to transfer the related Mortgaged Property free and clear of such Ground Lease under section 363(f) of the Bankruptcy Code; and
 
(l)  No lessor is subject to any voluntary or involuntary bankruptcy, reorganization or insolvency proceeding and no Mortgaged Property is an asset in any voluntary or involuntary bankruptcy, reorganization or insolvency proceeding.
 
(lxxxvi)  No Mortgage Loan is a balloon mortgage loan that has an original stated maturity of less than seven (7) years;
 
(lxxxvii)  No Mortgage Loan is subject to mandatory arbitration except when the terms of the arbitration also contain a waiver provision that provides that in the event of a sale or transfer of the Mortgage Loan or interest in the Mortgage Loan to Fannie Mae, the terms of the arbitration are null and void. The Seller hereby covenants that the Seller or the servicer of the Mortgage Loan, as applicable, will notify the Mortgagor in writing within 60 days of the sale or transfer of the Mortgage Loan to Fannie Mae that the terms of the arbitration are null and void; and
 
(lxxxviii)  Each Mortgage Loan is eligible for sale in the secondary market or for inclusion in a Pass-Through Transfer without unreasonable credit enhancement.
 
 

 

EXHIBIT E
 
REQUEST FOR RELEASE
 
TO:         Citibank, N.A.
5280 Corporate Drive
MS 0052
Frederick, MD 21703

Re:
Pooling and Servicing Agreement dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc., as Depositor, Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC as Servicers, Wells Fargo Bank, N.A. as Master Servicer and as Trust Administrator and U.S. Bank National Association as Trustee
 
In connection with the administration of the Mortgage Loans held by you as Custodian for the Owner pursuant to the above-captioned Agreement, we request the release, and hereby acknowledge receipt, of the Trustee's Mortgage File for the Mortgage Loan described below, for the reason indicated.
 
Mortgage Loan Number:
Mortgagor Name, Address & Zip Code:
 
Reason for Requesting Documents (check one):
 
______________
1.
Mortgage Paid in Full
     
______________
2.
Foreclosure
     
______________
3.
Substitution
     
______________
4.
Other Liquidation (Repurchases, etc.)
     
______________
5.
Nonliquidation

 
Reason:______________________________________________
 
Address to which [Custodian][Trustee] should
Deliver the [Custodian's][Trustee’s] Mortgage File:
 
[____________]
[____________]
 

             
By:
 
               
Name:
               
Title:
                 
                 
Issuer:
     
                 
             
Address:
 
                 
                 
                 
                 
                 
Date:
     

 
Trustee
 
 
U.S. BANK NATIONAL ASSOCIATION
 
 
Please acknowledge the execution of the above request by your signature and date below:
 
 
   
Signature
 
Date
     
Documents returned to Trustee:
   
     
 
   
Trustee
 
Date



 


EXHIBIT F-1
 
FORM OF TRANSFEROR REPRESENTATION LETTER
 
[Date]

Well Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, Maryland 21045
Attn: Client Services Manager: CMLTI 2006-FX1

 
Re:
Citigroup Mortgage Loan Trust Inc., Asset-Backed Pass-Through Certificates,
Series 2006-FX1, Class , representing a % Class Percentage Interest
Ladies and Gentlemen:
 
In connection with the transfer by ________________ (the “Transferor”) to ________________ (the “Transferee”) of the captioned mortgage pass-through certificates (the “Certificates”), the Transferor hereby certifies as follows:
 
Neither the Transferor nor anyone acting on its behalf has (a) offered, pledged, sold, disposed of or otherwise transferred any Certificate, any interest in any Certificate or any other similar security to any person in any manner, (b) has solicited any offer to buy or to accept a pledge, disposition or other transfer of any Certificate, any interest in any Certificate or any other similar security from any person in any manner, (c) has otherwise approached or negotiated with respect to any Certificate, any interest in any Certificate or any other similar security with any person in any manner, (d) has made any general solicitation by means of general advertising or in any other manner, (e) has taken any other action, that (in the case of each of subclauses (a) through (e) above) would constitute a distribution of the Certificates under the Securities Act of 1933, as amended (the “1933 Act”), or would render the disposition of any Certificate a violation of Section 5 of the 1933 Act or any state securities law or would require registration or qualification pursuant thereto. The Transferor will not act, nor has it authorized or will it authorize any person to act, in any manner set forth in the foregoing sentence with respect to any Certificate. The Transferor will not sell or otherwise transfer any of the Certificates, except in compliance with the provisions of that certain Pooling and Servicing Agreement dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc., as Depositor, Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC as Servicers, Wells Fargo Bank, N.A. as Master Servicer and Trust Administrator and U.S. Bank National Association as Trustee (the “Pooling and Servicing Agreement”), pursuant to which Pooling and Servicing Agreement the Certificates were issued.
 



Capitalized terms used but not defined herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement.
 
             
Very truly yours,
                           
             
[Transferor]
                           
                           
                           
             
By:
 
               
Name:
               
Title:





FORM OF TRANSFEREE REPRESENTATION LETTER
 
[Date]
 
Well Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, Maryland 21045
Attn: Client Services Manager: CMLTI 2006-FX1

 
Re:
Citigroup Mortgage Loan Trust Inc., Asset-Backed Pass-Through Certificates, Class, Series 2006-FX1, representing a % Percentage Interest  
Ladies and Gentlemen:
 
In connection with the purchase from ______________________ (the “Transferor”) on the date hereof of the captioned trust certificates (the “Certificates”), _______________ (the “Transferee”) hereby certifies as follows:
 
1. The Transferee is a “qualified institutional buyer” as that term is defined in Rule 144A (“Rule 144A”) under the Securities Act of 1933 (the “1933 Act”) and has completed either of the forms of certification to that effect attached hereto as Annex 1 or Annex 2. The Transferee is aware that the sale to it is being made in reliance on Rule 144A. The Transferee is acquiring the Certificates for its own account or for the account of a qualified institutional buyer, and understands that such Certificate may be resold, pledged or transferred only (i) to a person reasonably believed to be a qualified institutional buyer that purchases for its own account or for the account of a qualified institutional buyer to whom notice is given that the resale, pledge or transfer is being made in reliance on Rule 144A, or (ii) pursuant to another exemption from registration under the 1933 Act.
 
2. The Transferee has been furnished with all information regarding (a) the Certificates and distributions thereon, (b) the nature, performance and servicing of the Mortgage Loans, (c) the Pooling and Servicing Agreement referred to below, and (d) any credit enhancement mechanism associated with the Certificates, that it has requested.
 
All capitalized terms used but not otherwise defined herein have the respective meanings assigned thereto in the Pooling and Servicing Agreement dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc., as Depositor, Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC as Servicers, Wells Fargo Bank, N.A. as Master Servicer and as Trust Administrator and U.S. Bank National Association as Trustee , pursuant to which the Certificates were issued.
 
             
[Transferee]
                           
                           
                           
             
By:
 
               
Name:
               
Title:



ANNEX 1 TO EXHIBIT F
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
 
[For Transferees Other Than Registered Investment Companies]
 
The undersigned hereby certifies as follows to [name of Transferor] (the “Transferor”) and Wells Fargo Bank, N.A., as Trust Administrator, with respect to the mortgage pass-through certificates (the “Certificates”) described in the Transferee Certificate to which this certification relates and to which this certification is an Annex:
 
 
1.
As indicated below, the undersigned is the President, Chief Financial Officer, Senior Vice President or other executive officer of the entity purchasing the Certificates (the “Transferee”).
     
 
2.
In connection with purchases by the Transferee, the Transferee is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933 (“Rule 144A”) because (i) the Transferee owned and/or invested on a discretionary basis $______________________1  in securities (except for the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A) and (ii) the Transferee satisfies the criteria in the category marked below.
     
 
___
CORPORATION, ETC. The Transferee is a corporation (other than a bank, savings and loan association or similar institution), Massachusetts or similar business trust, partnership, or any organization described in Section 501(c)(3) of the Internal Revenue Code of 1986.
     
 
___
BANK. The Transferee (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto.
     
 
___
SAVINGS AND LOAN. The Transferee (a) is a savings and loan association, building and loan association, cooperative bank, homestead association or similar institution, which is supervised and examined by a State or Federal authority having supervision over any such institutions or is a foreign savings and loan association or equivalent institution and (b) has an audited net worth of at least
     
 
___
BROKER-DEALER. The Transferee is a dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934.
     
 
___
INSURANCE COMPANY. The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a State, territory or the District of Columbia.
     
 
___
STATE OR LOCAL PLAN. The Transferee is a plan established and maintained by a State, its political subdivisions, or any agency or instrumentality of the State or its political subdivisions, for the benefit of its employees.
     
 
___
ERISA PLAN. The Transferee is an employee benefit plan within the meaning of Title I of the Employee Retirement Income Security Act of 1974, as amended.
     
 
___
INVESTMENT ADVISOR. The Transferee is an investment advisor registered under the Investment Advisers Act of 1940.
     
 
3.
The term “SECURITIES” as used herein DOES NOT INCLUDE (i) securities of issuers that are affiliated with the Transferee, (ii) securities that are part of an unsold allotment to or subscription by the Transferee, if the Transferee is a dealer, (iii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iv) bank deposit notes and certificates of deposit, (v) loan participations, (vi) repurchase agreements, (vii) securities owned but subject to a repurchase agreement and (viii) currency, interest rate and commodity swaps.
     
 
4.
For purposes of determining the aggregate amount of securities owned and/or invested on a discretionary basis by the Transferee, the Transferee used the cost of such securities to the Transferee and did not include any of the securities referred to in the preceding paragraph. Further, in determining such aggregate amount, the Transferee may have included securities owned by subsidiaries of the Transferee, but only if such subsidiaries are consolidated with the Transferee in its financial statements prepared in accordance with generally accepted accounting principles and if the investments of such subsidiaries are managed under the Transferee's direction. However, such securities were not included if the Transferee is a majority-owned, consolidated subsidiary of another enterprise and the Transferee is not itself a reporting company under the Securities Exchange Act of 1934.
     
 
5.
The Transferee acknowledges that it is familiar with Rule 144A and understands that the Transferor and other parties related to the Certificates are relying and will continue to rely on the statements made herein because one or more sales to the Transferee may be in reliance on Rule 144A.

___
Yes
___
No
Will the Transferee be purchasing the Certificates only for the Transferee's own account?

 
6.
If the answer to the foregoing question is “no”, the Transferee agrees that, in connection with any purchase of securities sold to the Transferee for the account of a third party (including any separate account) in reliance on Rule 144A, the Transferee will only purchase for the account of a third party that at the time is a “qualified institutional buyer” within the meaning of Rule 144A. In addition, the Transferee agrees that the Transferee will not purchase securities for a third party unless the Transferee has obtained a current representation letter from such third party or taken other appropriate steps contemplated by Rule 144A to conclude that such third party independently meets the definition of “qualified institutional buyer” set forth in Rule 144A.
     
 
7.
The Transferee will notify each of the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice is given, the Transferee's purchase of the Certificates will constitute a reaffirmation of this certification as of the date of such purchase. In addition, if the Transferee is a bank or savings and loan as provided above, the Transferee agrees that it will furnish to such parties updated annual financial statements promptly after they become available.
     
     

Dated:
                         
               
             
Print Name of Transferee
                           
                           
             
By:
 
               
Name:
               
Title:





1 Transferee must own and/or invest on a discretionary basis at least $100,000,000 in securities unless Transferee is a dealer, and, in that case, Transferee must own and/or invest on a discretionary basis at least $10,000,000 in securities. $25,000,000 as demonstrated in its latest annual financial statements, A COPY OF WHICH IS ATTACHED HERETO.




 
QUALIFIED INSTITUTIONAL BUYER STATUS UNDER SEC RULE 144A
 
[For Transferees That Are Registered Investment Companies]
 
The undersigned hereby certifies as follows to [name of Transferor] (the “Transferor”) and Wells Fargo Bank, N.A., as Trust Administrator, with respect to the mortgage pass- through certificates (the “Certificates”) described in the Transferee Certificate to which this certification relates and to which this certification is an Annex:
 
1.  As indicated below, the undersigned is the President, Chief Financial Officer or Senior Vice President of the entity purchasing the Certificates (the “Transferee”) or, if the Transferee is a “qualified institutional buyer” as that term is defined in Rule 144A under the Securities Act of 1933 (“Rule 144A”) because the Transferee is part of a Family of Investment Companies (as defined below), is such an officer of the investment adviser (the “Adviser”).
 
2.  In connection with purchases by the Transferee, the Transferee is a “qualified institutional buyer” as defined in Rule 144A because (i) the Transferee is an investment company registered under the Investment Company Act of 1940, and (ii) as marked below, the Transferee alone, or the Transferee's Family of Investment Companies, owned at least $100,000,000 in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year. For purposes of determining the amount of securities owned by the Transferee or the Transferee's Family of Investment Companies, the cost of such securities was used.
 
____ The Transferee owned $___________________ in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A).
 
____ The Transferee is part of a Family of Investment Companies which owned in the aggregate $______________ in securities (other than the excluded securities referred to below) as of the end of the Transferee's most recent fiscal year (such amount being calculated in accordance with Rule 144A).
 
3.  The term “FAMILY OF INVESTMENT COMPANIES” as used herein means two or more registered investment companies (or series thereof) that have the same investment adviser or investment advisers that are affiliated (by virtue of being majority owned subsidiaries of the same parent or because one investment adviser is a majority owned subsidiary of the other).
 
4.  The term “SECURITIES” as used herein does not include (i) securities of issuers that are affiliated with the Transferee or are part of the Transferee's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.
 
5.  The Transferee is familiar with Rule 144A and understands that the parties to which this certification is being made are relying and will continue to rely on the statements made herein because one or more sales to the Transferee will be in reliance on Rule 144A. In addition, the Transferee will only purchase for the Transferee's own account.
 
6.  The undersigned will notify the parties to which this certification is made of any changes in the information and conclusions herein. Until such notice, the Transferee's purchase of the Certificates will constitute a reaffirmation of this certification by the undersigned as of the date of such purchase.
 
             
Dated:
           
                           
               
             
Print Name of Transferee or Advisor
                           
             
By:
 
               
Name:
               
Title:
                 
                 
             
IF AN ADVISER:
                 
               
             
Print Name of Transferee






FORM OF TRANSFEREE REPRESENTATION LETTER
 
The undersigned hereby certifies on behalf of the purchaser named below (the “Purchaser”) as follows:
 
1.
I am an executive officer of the Purchaser.
   
2.
The Purchaser is a “qualified institutional buyer”, as defined in Rule 144A, (“Rule 144A”) under the Securities Act of 1933, as amended.
   
3.
As of the date specified below (which is not earlier than the last day of the Purchaser's most recent fiscal year), the amount of “securities”, computed for purposes of Rule 144A, owned and invested on a discretionary basis by the Purchaser was in excess of $100,000,000.

                           
                           
             
Name of Purchaser
                           
               
                           
                           
             
By:
 
               
Name:
               
Title:
                 
           
Date of this certificate:
             
           
Date of information provided in paragraph 3






EXHIBIT F-2
 

 
FORM OF RESIDUAL CERTIFICATE TRANSFER AFFIDAVIT
 
STATE OF
)
 
 
)
ss.:
COUNTY OF
)
 

 
The undersigned, being first duly sworn, deposes and says as follows:
 
1.  The undersigned is an officer of, the proposed Transferee of an Ownership Interest in a Residual Certificate (the “Certificate”) issued pursuant to the Pooling and Servicing Agreement dated as of October 1, 2006 (the “Agreement”), among Citigroup Mortgage Loan Trust Inc., as depositor (the “Depositor”), Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC as servicers, (the “Servicers”), Wells Fargo Bank, N.A. as master servicer (the “Master Servicer”) and as trust administrator (the “Trust Administrator”) and U.S. Bank National Association, as trustee (the “Trustee”). Capitalized terms used, but not defined herein or in Exhibit 1 hereto, shall have the meanings ascribed to such terms in the Agreement. The Transferee has authorized the undersigned to make this affidavit on behalf of the Transferee for the benefit of the Depositor and the Trustee.
 
2.  The Transferee is, as of the date hereof, and will be, as of the date of the Transfer, a Permitted Transferee. The Transferee is acquiring its Ownership Interest in the Certificate for its own account. The Transferee has no knowledge that any such affidavit is false.
 
3.  The Transferee has been advised of, and understands that (i) a tax will be imposed on Transfers of the Certificate to Persons that are not Permitted Transferees; (ii) such tax will be imposed on the transferor, or, if such Transfer is through an agent (which includes a broker, nominee or middleman) for a Person that is not a Permitted Transferee, on the agent; and (iii) the Person otherwise liable for the tax shall be relieved of liability for the tax if the subsequent Transferee furnished to such Person an affidavit that such subsequent Transferee is a Permitted Transferee and, at the time of Transfer, such Person does not have actual knowledge that the affidavit is false.
 
4.  The Transferee has been advised of, and understands that a tax will be imposed on a “pass-through entity” holding the Certificate if at any time during the taxable year of the pass-through entity a Person that is not a Permitted Transferee is the record holder of an interest in such entity. The Transferee understands that such tax will not be imposed for any period with respect to which the record holder furnishes to the pass-through entity an affidavit that such record holder is a Permitted Transferee and the pass-through entity does not have actual knowledge that such affidavit is false. (For this purpose, a “pass-through entity” includes a regulated investment company, a real estate investment trust or common trust fund, a partnership, trust or estate, and certain cooperatives and, except as may be provided in Treasury Regulations, persons holding interests in pass-through entities as a nominee for another Person.)
 
5.  The Transferee has reviewed the provisions of Section 5.02(d) of the Agreement and understands the legal consequences of the acquisition of an Ownership Interest in the Certificate including, without limitation, the restrictions on subsequent Transfers and the provisions regarding voiding the Transfer and mandatory sales. The Transferee expressly agrees to be bound by and to abide by the provisions of Section 5.02(d) of the Agreement and the restrictions noted on the face of the Certificate. The Transferee understands and agrees that any breach of any of the representations included herein shall render the Transfer to the Transferee contemplated hereby null and void.
 
6.  The Transferee agrees to require a Transfer Affidavit from any Person to whom the Transferee attempts to Transfer its Ownership Interest in the Certificate, and in connection with any Transfer by a Person for whom the Transferee is acting as nominee, trustee or agent, and the Transferee will not Transfer its Ownership Interest or cause any Ownership Interest to be Transferred to any Person that the Transferee knows is not a Permitted Transferee. In connection with any such Transfer by the Transferee, the Transferee agrees to deliver to the Trust Administrator a certificate substantially in the form set forth as Exhibit L to the Agreement (a “Transferor Certificate”) to the effect that such Transferee has no actual knowledge that the Person to which the Transfer is to be made is not a Permitted Transferee.
 
7.  The Transferee has historically paid its debts as they have come due, intends to pay its debts as they come due in the future, and understands that the taxes payable with respect to the Certificate may exceed the cash flow with respect thereto in some or all periods and intends to pay such taxes as they become due. The Transferee does not have the intention to impede the assessment or collection of any tax legally required to be paid with respect to the Certificate.
 
8.  The Transferee’s taxpayer identification number is ___________.
 
9.  The Transferee is a U.S. Person as defined in Code Section 7701(a)(30).
 
10.  The Transferee is aware that the Certificate may be a “noneconomic residual interest” within the meaning of proposed Treasury regulations promulgated pursuant to the Code and that the transferor of a noneconomic residual interest will remain liable for any taxes due with respect to the income on such residual interest, unless no significant purpose of the transfer was to impede the assessment or collection of tax.
 
11.  The Transferee will not cause income from the Certificate to be attributable to a foreign permanent establishment or fixed base, within the meaning of an applicable income tax treaty, of the Transferee or any other U.S. person.
 
12.  Check one of the following:
 
o  The present value of the anticipated tax liabilities associated with holding the Certificate, as applicable, does not exceed the sum of:
 
 
(i)
the present value of any consideration given to the Transferee to acquire such Certificate;
 
 
(ii)
the present value of the expected future distributions on such Certificate; and
 
 
(iii)
the present value of the anticipated tax savings associated with holding such Certificate as the related REMIC generates losses.
 
For purposes of this calculation, (i) the Transferee is assumed to pay tax at the highest rate currently specified in Section 11(b) of the Code (but the tax rate in Section 55(b)(1)(B) of the Code may be used in lieu of the highest rate specified in Section 11(b) of the Code if the Transferee has been subject to the alternative minimum tax under Section 55 of the Code in the preceding two years and will compute its taxable income in the current taxable year using the alternative minimum tax rate) and (ii) present values are computed using a discount rate equal to the short-term Federal rate prescribed by Section 1274(d) of the Code for the month of the transfer and the compounding period used by the Transferee.
 
o  The transfer of the Certificate complies with U.S. Treasury Regulations Sections 1.860E-1(c)(5) and (6) and, accordingly,
 
 
(i)
the Transferee is an “eligible corporation,” as defined in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), as to which income from the Certificate will only be taxed in the United States;
 
 
(ii)
at the time of the transfer, and at the close of the Transferee’s two fiscal years preceding the year of the transfer, the Transferee had gross assets for financial reporting purposes (excluding any obligation of a person related to the Transferee within the meaning of U.S. Treasury Regulations Section 1.860E-1(c)(6)(ii)) in excess of $100 million and net assets in excess of $10 million;
 
 
(iii)
the Transferee will transfer the Certificate only to another “eligible corporation,” as defined in U.S. Treasury Regulations Section 1.860E-1(c)(6)(i), in a transaction that satisfies the requirements of Sections 1.860E-1(c)(4)(i), (ii) and (iii) and Section 1.860E-1(c)(5) of the U.S. Treasury Regulations; and
 
 
(iv)
the Transferee determined the consideration paid to it to acquire the Certificate based on reasonable market assumptions (including, but not limited to, borrowing and investment rates, prepayment and loss assumptions, expense and reinvestment assumptions, tax rates and other factors specific to the Transferee) that it has determined in good faith.
 
o  None of the above.
 
13.  The Transferee is not an employee benefit plan that is subject to Title I of ERISA or a plan that is subject to Section 4975 of the Code or a plan subject to any Federal, state or local law that is substantially similar to Title I of ERISA or Section 4975 of the Code, and the Transferee is not acting on behalf of or investing plan assets of such a plan.



 
IN WITNESS WHEREOF, the Transferee has caused this instrument to be executed on its behalf, pursuant to authority of its Board of Directors, by its duly authorized officer and its corporate seal to be hereunto affixed, duly attested, this      day of                   , 20  .
 

             
[NAME OF TRANSFEREE]
                           
                           
             
By:
 
               
Name:
               
Title:
 

 
[Corporate Seal]
 
ATTEST:
 
[Assistant] Secretary
 
Personally appeared before me the above-named __________, known or proved to me to be the same person who executed the foregoing instrument and to be the ___________ of the Transferee, and acknowledged that he executed the same as his free act and deed and the free act and deed of the Transferee.
 
Subscribed and sworn before me this      day of          , 20  .
 

   
 
NOTARY PUBLIC
   
 
My Commission expires the __ day of _________, 20__




FORM OF TRANSFEROR AFFIDAVIT
 
STATE OF NEW YORK
)
 
 
)
 
COUNTY OF NEW YORK
)
 

 
__________________________, being duly sworn, deposes, represents and warrants as follows:
 
1.  I am a ____________________ of ____________________________ (the “Owner”), a corporation duly organized and existing under the laws of ______________, on behalf of whom I make this affidavit.
 
2.  The Owner is not transferring the Class R Certificates or Class R-X Certificates (the “Residual Certificates”) to impede the assessment or collection of any tax.
 
3.  The Owner has no actual knowledge that the Person that is the proposed transferee (the “Purchaser”) of the Residual Certificates: (i) has insufficient assets to pay any taxes owed by such proposed transferee as holder of the Residual Certificates; (ii) may become insolvent or subject to a bankruptcy proceeding for so long as the Residual Certificates remain outstanding and (iii) is not a Permitted Transferee.
 
4.  The Owner understands that the Purchaser has delivered to the Trust Administrator a transfer affidavit and agreement in the form attached to the Pooling and Servicing Agreement as Exhibit F-2. The Owner does not know or believe that any representation contained therein is false.
 
5.  At the time of transfer, the Owner has conducted a reasonable investigation of the financial condition of the Purchaser as contemplated by Treasury Regulations Section 1.860E-1(c)(4)(i) and, as a result of that investigation, the Owner has determined that the Purchaser has historically paid its debts as they became due and has found no significant evidence to indicate that the Purchaser will not continue to pay its debts as they become due in the future. The Owner understands that the transfer of a Residual Certificate may not be respected for United States income tax purposes (and the Owner may continue to be liable for United States income taxes associated therewith) unless the Owner has conducted such an investigation.
 
6.  Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Pooling and Servicing Agreement.
 



IN WITNESS WHEREOF, the Owner has caused this instrument to be executed on its behalf, pursuant to the authority of its Board of Directors, by its [Vice] President, attested by its [Assistant] Secretary, this ____ day of ___________, 20__.
 
             
[OWNER]
         
                           
                           
             
By:
 
               
Name:
               
Title:  [Vice] President

             
             
ATTEST
             
             
By:
 
 
Name:
 
Title:  [Assistant] Secretary

 
Personally appeared before me the above-named , known or proved to me to be the same person who executed the foregoing instrument and to be a [Vice] President of the Owner, and acknowledged to me that [he/she] executed the same as [his/her] free act and deed and the free act and deed of the Owner.
 
Subscribed and sworn before me this ____ day of __________, 20___.
 
   
 
Notary Public
   
   
 
County of _________________________
 
State of ___________________________
   
 
My Commission expires:


 

EXHIBIT G
 
FORM OF CERTIFICATION WITH RESPECT TO ERISA AND THE CODE
 
[Date]
 
Wells Fargo Bank, N.A.
9062 Old Annapolis Road
Columbia, Maryland 21045
Attn: Client Services Manager: CMLTI 2006-FX1
 
 
Re:
Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2006-FX1, Mortgage Class
 
Dear Sirs:
 
_______________________ (the “Transferee”) intends to acquire from _____________________ (the “Transferor”) $____________ Initial Certificate Principal Balance of Citigroup Mortgage Loan Trust, Series 2006-FX1, Mortgage Pass-Through Certificates, Class [CE] [P] [R] (the “Certificates”), issued pursuant to a Pooling and Servicing Agreement dated as of October 1, 2006 (the “Agreement”), among Citigroup Mortgage Loan Trust Inc., as depositor (the “Depositor”), Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC as servicers, (the “Servicers”), Wells Fargo Bank, N.A. as master servicer and trust administrator (the “Master Servicer” and the “Trust Administrator”) and U.S. Bank National Association, as trustee (the “Trustee”). Capitalized terms used herein and not otherwise defined shall have the meanings assigned thereto in the Pooling and Servicing Agreement. The Transferee hereby certifies, represents and warrants to, and covenants with the Depositor, the Trust Administrator, the Trustee, the Master Servicer and the Servicers that:
 
The Certificates (i) are not being acquired by, and will not be transferred to, any employee benefit plan within the meaning of section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), or other retirement arrangement, including individual retirement accounts and annuities, Keogh plans and bank collective investment funds and insurance company general or separate accounts in which such plans, accounts or arrangements are invested, that is subject to Section 406 of ERISA or Section 4975 of the Internal Revenue Code of 1986 (the “Code”) (any of the foregoing, a “Plan”), (ii) are not being acquired with “plan assets,” of a Plan within the meaning of the Department of Labor (“DOL”) regulation, 29 C.F.R. § 2510.3-101, as modified by Section 3(42) of ERISA, of a Plan, and (iii) will not be transferred to any entity that is deemed to be investing in plan assets of a Plan.
 




             
Very truly yours,
                           
               
                           
                           
             
By:
 
               
Name:
               
Title:




EXHIBIT H-1
 
FORM CERTIFICATION TO BE PROVIDED BY THE DEPOSITOR WITH FORM 10-K
 
Re:
Citigroup Mortgage Loan Trust, Series 2006-FX1
Asset Backed Pass-Through Certificates, Series 2006-FX1

 
I, [_____], certify that:
 
l. I have reviewed this annual report on Form 10-K, and all reports on Form 10-D required to be filed in respect of the period covered by this report on Form 10-K of Citigroup Mortgage Loan Trust, Asset-Backed Pass-Through Certificates, Series 2006-FX1 (the “Exchange Act periodic reports”);
 
2. Based on my knowledge, the Exchange Act periodic reports, taken as a whole, do not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
 
3. Based on my knowledge, all of the distribution, servicing and other information required to be provided under Form 10-D for the period covered by this report is included in the Exchange Act periodic reports;
 
4. Based on my knowledge and upon the annual compliance statement required in this report under Item 1123 of Regulation AB, and except as disclosed in the Exchange Act periodic reports, the Servicers has fulfilled each of its obligations under the servicing agreement; and
 
5. All of the reports on assessment of compliance with servicing criteria for asset-backed securities and their related attestation reports on assessment of compliance with servicing criteria for asset-backed securities required to be included in this report in accordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and 15d-18 have been included as an exhibit to this report, except as otherwise disclosed in this report. Any material instances of noncompliance described in such reports have been disclosed in this report on Form 10-K.
 
In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties: Wells Fargo Bank, N.A., Ameriquest Mortgage Company, Opteum Financial Services, LLC and Wells Fargo Bank, N.A. as master servicer and trust administrator.
 
Date: [__], 2006

 

             
CITIGROUP MORTGAGE LOAN TRUST INC.
                           
                           
             
By:
 
             
Name:
 
             
Title:
 
             
Date:
 




EXHIBIT H-2
 
FORM CERTIFICATION TO BE
 
PROVIDED TO DEPOSITOR BY THE TRUST ADMINISTRATOR, MASTER SERVICER AND SERVICERS
 
Re:
Citigroup Mortgage Loan Trust, Series 2006-FX1
Asset Backed Pass-Through Certificates, Series 2006-FX1

[Wells Fargo Bank, N.A.][Ameriquest Mortgage Company][Opteum Financial Services, LLC], as Servicer hereby certifies to the Master Servicer that:
 
   1. I have reviewed the servicer compliance statement of the Company provided in accordance with Item 1123 of Regulation AB (the “Compliance Statement”), the report on assessment of the Company’s compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided in accordance with Rules 13a-18 and 15d-18 under Securities Exchange Act of 1934, as amended (the “Exchange Act”) and Item 1122 of Regulation AB (the “Servicing Assessment”), the registered public accounting firm’s attestation report provided in accordance with Rules 13a-18 and 15d-18 under the Exchange Act and Section 1122(b) of Regulation AB (the “Attestation Report”), and all servicing reports, officer’s certificates and other information relating to the servicing of the Mortgage Loans by the Company during 200[ ] that were delivered by the Company to the Depositor 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;
 
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 this Agreement, and the Servicing Assessment and Attestation Report required to be provided by the Company and by any Subservicer and Subcontractor pursuant to the Agreement, have been provided to the Depositor. Any material instances of noncompliance described in such reports have been disclosed to the Depositor. Any material instance of noncompliance with the Servicing Criteria has been disclosed in such reports.
 
Capitalized terms used but not defined herein have the meanings ascribed to them in the Pooling and Servicing Agreement, dated October 1, 2006 (the “Pooling and Servicing Agreement”), among the Depositor as depositor, Wells Fargo Bank, N.A., Ameriquest Mortgage Company and Opteum Financial Services, LLC as servicers, Wells Fargo Bank, N.A. as master servicer and as trust administrator and U.S. Bank National Association as trustee.
 
[WELLS FARGO BANK, N.A.]
[Ameriquest Mortgage Company]
[Opteum Financial Services, LLC]
   
By:
 
Name:
 
Title:
 
Date:
 

 


 


EXHIBIT I

FORMS OF BASIS RISK CAP AGREEMENTS
 

BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009

DATE:
 
October 31, 2006
     
TO:
 
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
ATTENTION:
 
Client Services Manager - CMLTI 2006-FX1
TELEPHONE:
 
404-884-2000
FACSIMILE:
 
404- 705-2380
     
TO:
 
Citibank, N.A., New York
ATTENTION:
 
Phil Sears
TELEPHONE:
 
212-723-1145
FACSIMILE:
 
212-723-8604
     
FROM:
 
Derivatives Documentation
TELEPHONE:
 
212-272-2711
FACSIMILE:
 
212-272-9857
     
RE:
 
Novation Confirmation
     
REFERENCE NUMBER(S):
 
FXNCC8817
   
FXNCC8818
   
FXNCC8819
 
The purpose of this letter is to confirm the terms and conditions of the Novation Transactions entered into between the parties and effective from the Novation Date specified below. This Novation Confirmation constitutes a “Confirmation” as referred to in the New Agreement specified below.

1.    The definitions and provisions contained in the 2004 ISDA Novation Definitions (the “Definitions”) and the terms and provisions of the 2000 ISDA Definitions, as published by the International Swaps and Derivatives Association, Inc. and amended from time to time, are incorporated in this Novation Confirmation. In the event of any inconsistency between (i) the Definitions, (ii) the 2000 ISDA Definitions and/or (iii) a Novation Agreement and this Novation Confirmation, this Novation Confirmation will govern.

2.    The terms of the Novation Transactions to which this Novation Confirmation relates are as follows:

 
Novation Trade Date:
October 31, 2006
 
Novation Date:
October 31, 2006
 
Novated Amount:
For each Novation Transaction, as specified in the related Annex attached hereto.
 
Transferor:
Citibank, N.A., New York
 
Transferee:
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
 
Remaining Party:
Bear Stearns Financial Products Inc.
 
New Agreements (between Transferee and
Remaining Party):
Each Master Agreement as defined each New Confirmation
 
 

Reference Number: FXNCC8817, FXNCC8818, FXNCC8819 - Novation Confirmation  
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
October 31, 2006

 
3.  The terms of the Old Transactions to which this Novation Confirmation relates, for identification purposes, are as follows:

 
Trade Date of Old Transactions:
For each Novation Transaction, as specified in the Annex attached hereto.
 
Effective Date of Old Transactions:
For each Novation Transaction, as specified in the Annex attached hereto.
 
Termination Date of Old Transactions:
For each Novation Transaction, as specified in the Annex attached hereto.

4.  The terms of the New Transactions to which this Novation Confirmation relates shall be as specified in the New Confirmation attached hereto as Exhibit A, Exhibit B and Exhibit C.

 
Full First Calculation Period:
Applicable

5. Offices:
 
 
Transferor:
Not Applicable
 
Transferee:
Not Applicable
 
Remaining Party:
Not Applicable





The parties confirm their acceptance to be bound by this Novation Confirmation as of the Novation Date by executing a copy of this Novation Confirmation and returning a facsimile of the fully-executed Novation Confirmation to 212-272-9857. The Transferor, by its execution of a copy of this Novation Confirmation, agrees to the terms of the Novation Confirmation as it relates to the Old Transactions. The Transferee, by its execution of a copy of this Novation Confirmation, agrees to the terms of the Novation Confirmation as it relates to the New Transactions. For inquiries regarding U.S. Transactions, please contact Derivatives Documentation by telephone at 212-272-2711. For all other inquiries please contact Derivatives Documentation by telephone at 353-1-402-6223.

Bear Stearns Financial Products Inc.
 
 
 
By: _____________________________
Name:
Title:
Date
Citibank, N.A., New York
 
 
 
By: _____________________________
As authorized agent or officer for
Citibank, N.A.
Name:
Title:
Date
   
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
 
 
 
By: _____________________________
Name:
Title:
Date
 


am/lm



Annex

 
Old Transactions Reference No.
Trade Date
of Old Transactions
Effective Date
of Old Transactions
Termination Date of Old
Transactions
Novated Amount
         
FXNCC8817
October 26, 2006
October 31, 2006
July 25, 2010
USD 152,830,000
         
FXNCC8818
October 26, 2006
October 31, 2006
December 25, 2010
USD 12,848,000
         
FXNCC8819
October 26, 2006
October 31, 2006
November 25, 2013
USD 97,088,000
 
 

 

BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009

Exhibit A

DATE:
 
October 31, 2006
 
   
TO:
 
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
ATTENTION:
 
Client Services Manager - CMLTI 2006-FX1
TELEPHONE:
 
410-884-2000
FACSIMILE:
 
410-705-2380
     
FROM:
 
Derivatives Documentation
TELEPHONE:
 
212-272-2711
FACSIMILE: 
 
212-272-9857
     
SUBJECT:
 
Fixed Income Derivatives Confirmation and Agreement
     
REFERENCE NUMBER:
 
FXNCC8817

The purpose of this letter agreement ("Agreement") is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. ("BSFP") and Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1 ("Counterparty") under the Pooling and Servicing Agreement, dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc., as depositor, Ameriquest Mortgage Company, Wells Fargo Bank, N.A. and Opteum Financial Services, LLC, as servicers, Wells Fargo Bank, N.A., as master servicer and trust administrator and U.S. Bank National Association as trustee (the “Pooling and Servicing Agreement”). This letter agreement constitutes the sole and complete "Confirmation," as referred to in the "ISDA Form Master Agreement" (as defined below), as well as a “Schedule” as referred to in the ISDA Form Master Agreement.

1.               This Agreement is subject to the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement in lieu of negotiating a Schedule to the 1992 ISDA Master Agreement (Multicurrency—Cross Border) form (the "ISDA Form Master Agreement") but, rather, an ISDA Form Master Agreement shall be deemed to have been executed by you and us on the date we entered into the Transaction. In the event of any inconsistency between the provisions of this Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement shall prevail for purposes of the Transaction. Terms capitalized but not defined herein shall have the meanings attributed to them in the Pooling and Servicing Agreement.
 

Reference Number: FXNCC8817
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
October 31, 2006
 

2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
       
 
Type of Transaction:
Rate Cap
     
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period in Schedule I attached hereto.
     
 
Trade Date:
October 31, 2006
     
 
Effective Date:
October 31, 2006
     
 
Termination Date:
July 25, 2010, subject to adjustment in accordance with the Business Day Convention.
     
 
Fixed Amount (Premium):
Inapplicable. Premium has been paid under the Old Transaction.
       
 
Floating Amounts:
 
       
   
Floating Rate Payer:
BSFP
       
   
Cap Rate:
With respect to any Calculation Period, the rate set forth for such period in Schedule I attached hereto.
 
     
   
Floating Rate Payer
 
   
Period End Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing November 25, 2006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
   
 
 
   
Floating Rate Payer
 
   
Payment Dates:
Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date.
       
   
Floating Rate Option:
USD-LIBOR-BBA; provided, however, that all references in Sections 7.1(w)(xvii) and 7.1(w)(xx) of the Annex to the Definitions to “on the day that is two London Banking Days preceding that Reset Date” shall be deleted and replaced with “on the day that is two New York and London Banking Days preceding that Reset Date”.
       
   
Floating Amount:
To be determined in accordance with the following formula:
     
Greater of (i) 250 * (Floating Rate Option - Cap Rate) * Notional Amount * Floating Rate Day Count Fraction; and (ii) zero.
       
   
Designated Maturity:
One month
       
   
Floating Rate Day
 
   
Count Fraction:
Actual/360
       
   
Reset Dates:
The first day of each Calculation Period.
       
   
Compounding:
Inapplicable
       
 
Business Days:
New York
       
 
Business Day Convention:
Following
       
3.
Additional Provisions:
Each party hereto is hereby advised and acknowledges that the other party has engaged in (or refrained from engaging in) substantial financial transactions and has taken (or refrained from taking) other material actions in reliance upon the entry by the parties into the Transaction being entered into on the terms and conditions set forth herein and in the Confirmation relating to such Transaction, as applicable. This paragraph shall be deemed repeated on the trade date of each Transaction.
       
4.
Provisions Deemed Incorporated in a Schedule to the ISDA Form Master Agreement:

1)  The parties agree that subparagraph (ii) of Section 2(c) of the ISDA Form Master Agreement will apply to any Transaction.

2) Termination Provisions. For purposes of the ISDA Form Master Agreement:

(a) "Specified Entity" is not applicable to BSFP or Counterparty for any purpose.

(b) “Breach of Agreement” provision of Section 5(a)(ii) will not apply to BSFP or Counterparty.

(c)  “Credit Support Default” provisions of Section 5(a)(iii) will not apply to Counterparty and will not apply to BSFP unless BSFP has obtained a guarantee or other contingent agreement pursuant to paragraph 16 below.

(d) “Misrepresentation” provisions or Section 5(a)(iv) will not apply to BSFP or Counterparty.

(e) "Specified Transaction" is not applicable to BSFP or Counterparty for any purpose, and, accordingly, Section 5(a)(v) shall not apply to BSFP or Counterparty.

(f) The "Cross Default" provisions of Section 5(a)(vi) will not apply to BSFP or to Counterparty.

(g) The "Credit Event Upon Merger" provisions of Section 5(b)(iv) will not apply to BSFP or Counterparty.

(h)  The “Bankruptcy” provision of Section 5(a)(vii)(2) will not apply to Counterparty.

(i) The "Automatic Early Termination" provision of Section 6(a) will not apply to BSFP or to Counterparty.

(j) Payments on Early Termination. For the purpose of Section 6(e) of the ISDA Form Master Agreement:

(i) Market Quotation will apply.

(ii) The Second Method will apply.

(k) "Termination Currency" means United States Dollars.

3) Tax Representations.

(a) Payer Representations. For the purpose of Section 3(e) of the ISDA Form Master Agreement, each of BSFP and the Counterparty will make the following representations:
 
It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 2(e), 6(d)(ii) or 6(e) of the ISDA Form Master Agreement) to be made by it to the other party under this Agreement. In making this representation, it may rely on:

(i) the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement;

(ii) the satisfaction of the agreement contained in Sections 4(a)(i) or 4(a)(iii) of the ISDA Form Master Agreement and the accuracy and effectiveness of any document provided by the other party pursuant to Sections 4(a)(i) or 4(a)(iii) of the ISDA Form Master Agreement; and

(iii) the satisfaction of the agreement of the other party contained in Section 4(d) of the ISDA Form Master Agreement, provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) of the ISDA Form Master Agreement by reason of material prejudice to its legal or commercial position.

(b) Payee Representations. For the purpose of Section 3(f) of the ISDA Form Master Agreement, each of BSFP and the Counterparty make the following representations.
 
The following representation will apply to BSFP:

BSFP is a corporation organized under the laws of the State of Delaware and its U.S. taxpayer identification number is 13-3866307.

The following representation will apply to the Counterparty:
 
Wells Fargo Bank, N.A., is Trust Administrator pursuant to the Pooling and Servicing Agreement.
 
4)  Tax Event. The provisions of Section 2(d)(i)(4) of the ISDA Form Master Agreement shall not apply to Counterparty as X and the provisions of Section 2(d)(ii) of the ISDA Form Master Agreement shall not apply to Counterparty as Y, in each case such that Counterparty shall not be required to pay any additional amounts referred to therein.
5) Limitation on Events of Default. Notwithstanding the terms of Sections 5 and 6 of the ISDA Form Master Agreement, if at any time and so long as the Counterparty has satisfied in full all its payment obligations under Section 2(a)(i) of the ISDA Form Master Agreement and has at the time no future payment obligations, whether absolute or contingent, under such Section, then unless BSFP is required pursuant to appropriate proceedings to return to the Counterparty or otherwise returns to the Counterparty upon demand of the Counterparty any portion of any such payment, (a) the occurrence of an event described in Section 5(a) of the ISDA Form Master Agreement with respect to the Counterparty shall not constitute an Event of Default or Potential Event of Default with respect to the Counterparty as Defaulting Party and (b) BSFP shall be entitled to designate an Early Termination Date pursuant to Section 6 of the ISDA Form Master Agreement only as a result of the occurrence of a Termination Event set forth in either Section 5(b)(i) or 5(b)(ii) of the ISDA Form Master Agreement with respect to BSFP as the Affected Party, or Section 5(b)(iii) with respect to BSFP as the Burdened Party. Counterparty’s only obligation under Section 2(a)(i) of the ISDA Form Master Agreement is to pay the Fixed Amount on the Fixed Rate Payer Payment Date.
 
6) Documents to be Delivered. For the purpose of Section 4(a) of the ISDA Form Master Agreement:

(1) Tax forms, documents, or certificates to be delivered are:

Party required to deliver document
Form/Document/
Certificate
Date by which to
be delivered
     
BSFP and
the Counterparty
Any document required or reasonably requested to allow the other party to make payments under this Agreement without any deduction or withholding for or on the account of any Tax or with such deduction or withholding at a reduced rate
Promptly after the earlier of (i) reasonable demand by either party or (ii) learning that such form or document is required

 
(2) Other documents to be delivered are:

Party required to deliver document
Form/Document/
Certificate
Date by which to
be delivered
Covered by Section 3(d) Representation
       
BSFP and
the Counterparty
Any documents required by the receiving party to evidence the authority of the delivering party or its Credit Support Provider, if any, for it to execute and deliver this Agreement, any Confirmation , and any Credit Support Documents to which it is a party, and to evidence the authority of the delivering party or its Credit Support Provider to perform its obligations under this Agreement, such Confirmation and/or Credit Support Document, as the case may be
Upon the execution and delivery of this Agreement and such Confirmation
Yes
       
BSFP and
the Counterparty
A certificate of an authorized officer of the party, as to the incumbency and authority of the respective officers of the party signing this Agreement, any relevant Credit Support Document, or any Confirmation, as the case may be
Upon the execution and delivery of this Agreement and such Confirmation
Yes
       
Counterparty
An executed copy of the Pooling and Servicing Agreement
Within 30 days after the date of this Agreement.
No
       
BSFP
Legal opinion(s) with respect to such party and its Credit Support Provider, if any, for it reasonably satisfactory in form and substance to the other party relating to the enforceability of the party’s obligations under this Agreement.
Upon the execution and delivery of this Agreement and any Confirmation
No

7) Miscellaneous. Miscellaneous

(a)
Address for Notices: For the purposes of Section 12(a) of the ISDA Form Master Agreement:

Address for notices or communications to BSFP:

Address: 383 Madison Avenue, New York, New York 10179
Attention: DPC Manager
Facsimile: (212) 272-5823

with a copy to:

Address: One Metrotech Center North, Brooklyn, New York 11201
Attention: Derivative Operations - 7th Floor
Facsimile: (212) 272-1634

(For all purposes)

Address for notices or communications to the Counterparty:

Address:  Wells Fargo Bank, N.A.
  9062 Old Annapolis road
  Columbia, Maryland 21045
Attention: Client Services Manager - CMLTI 2006-FX1

(For all purposes)

(b)          Process Agent. For the purpose of Section 13(c) of the ISDA Form Master Agreement:

BSFP appoints as its
Process Agent:   Not Applicable

The Counterparty appoints as its
Process Agent:  Not Applicable

(c)          Offices. The provisions of Section 10(a) of the ISDA Form Master Agreement will not apply to this Agreement; neither BSFP nor the Counterparty have any Offices other than as set forth in the Notices Section and BSFP agrees that, for purposes of Section 6(b) of the ISDA Form Master Agreement, it shall not in future have any Office other than one in the United States.

(d)          Multibranch Party. For the purpose of Section 10(c) of the ISDA Form Master Agreement:

BSFP is not a Multibranch Party.

 
The Counterparty is not a Multibranch Party.

(e)          Calculation Agent. The Calculation Agent is BSFP.

(f)            Credit Support Document.
 
 
BSFP: Not applicable, except for any ISDA Credit Support Annex, guarantee or contingent agreement delivered pursuant to paragraph 16 below.

The Counterparty: Not Applicable

(g)
Credit Support Provider.

BSFP: Not Applicable for BSFP for so long as no Credit Support Document is delivered under paragraph 16 below, otherwise, the party that is the primary obligor under the Credit Support Document.

The Counterparty: Not Applicable

(h)          Governing Law. The parties to this Agreement hereby agree that the law of the State of New York shall govern their rights and duties in whole without regard to the conflict of law provisions thereof other than New York General Obligations Law Sections 5-1401 and 5-1402.

(i)           Severability. If any term, provision, covenant, or condition of this Agreement, or the application thereof to any party or circumstance, shall be held to be invalid or unenforceable (in whole or in part) for any reason, the remaining terms, provisions, covenants, and conditions hereof shall continue in full force and effect as if this Agreement had been executed with the invalid or unenforceable portion eliminated, so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter of this Agreement and the deletion of such portion of this Agreement will not substantially impair the respective benefits or expectations of the parties.

The parties shall endeavor to engage in good faith negotiations to replace any invalid or unenforceable term, provision, covenant or condition with a valid or enforceable term, provision, covenant or condition, the economic effect of which comes as close as possible to that of the invalid or unenforceable term, provision, covenant or condition.

(j)           Consent to Recording. Each party hereto consents to the monitoring or recording, at any time and from time to time, by the other party of any and all communications between officers or employees of the parties, waives any further notice of such monitoring or recording, and agrees to notify its officers and employees of such monitoring or recording.

(k)          Waiver of Jury Trial. Each party waives any right it may have to a trial by jury in respect of any Proceedings relating to this Agreement or any Credit Support Document.

8) "Affiliate". Each of BSFP and Counterparty shall be deemed to have no Affiliates for purposes of this Agreement, including for purposes of Section 6(b)(ii) of the ISDA Form Master Agreement.
 
9) Section 3 of the ISDA Form Master Agreement is hereby amended by adding at the end thereof the following subsection (g):

“(g)    Relationship Between Parties.

   
Each party represents to the other party on each date when it enters into a Transaction that:--

(1) Nonreliance. It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction.

(2) Evaluation and Understanding.

(i)   BSFP is acting for its own account and Wells Fargo Bank, N.A., is acting as Trust Administrator under the Pooling and Servicing Agreement, and not for its own account. Each Party has made its own independent decisions to enter into this Transaction and as to whether this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this Transaction; it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered investment advice or a recommendation to enter into this Transaction. It has not received from the other party any assurance or guarantee as to the expected results of this Transaction.

 
(ii)
It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of this Transaction. It is also capable of assuming, and assumes, the financial and other risks of this Transaction.

(iii) The other party is not acting as an agent or fiduciary or an advisor for it in respect of this Transaction.
 
(3) Purpose. It is an “eligible swap participant” as such term is defined in Section 35.1(b)(2) of the regulations (17 C.F.R 35) promulgated under, and an “eligible contract participant” as defined in Section 1(a)(12) of, the Commodity Exchange Act, as amended, and it is entering into the Transaction for the purposes of managing its borrowings or investments, hedging its underlying assets or liabilities or in connection with a line of business.”
 
10) Pooling and Servicing Agreement. BSFP hereby agrees that, notwithstanding any provision of this agreement to the contrary, Counterparty’s obligations to pay any amounts owing under this Agreement shall be subject to the Pooling and Servicing Agreement and BSFP’s right to receive payment of such amounts shall be subject to the Pooling and Servicing Agreement.

11) Trust Administrator Liability Limitations. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by Wells Fargo Bank N.A. (“Wells”), not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, (b) each of the representations, undertakings and agreements herein made on the part of the Counterparty is made and intended not as a personal representation, undertaking or agreement of Wells but is made and intended for the purpose of binding only the Counterparty, (c) nothing herein contained shall be construed as imposing any liability upon Wells, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto; provided that nothing in this paragraph shall relieve Wells from performing its duties and obligations under the Pooling and Servicing Agreement in accordance with the standard of care set forth therein, (d) under no circumstances shall Wells be personally liable for the payment of any indebtedness or expenses of the Counterparty or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Counterparty under this Agreement or any other related documents, other than due to its negligence or willful misconduct in performing the obligations of the Trust Administrator under the Pooling and Servicing Agreement, (e) any resignation or removal of Wells as Trust Administrator shall require the assignment of this agreement to the Trust Administrator’s replacement, and (f) Wells, as Trust Administrator, has been directed, pursuant to the Pooling and Servicing Agreement, to enter into this Agreement and to perform its obligations hereunder.

12) Proceedings.  BSFP shall not institute against or cause any other person to institute against, or join any other person in instituting against, the trust created pursuant to the Pooling and Servicing Agreement, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day (or, if longer, the applicable preference period) following indefeasible payment in full of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1 (the “Certificates”) and any notes backed by the Certificates (the “Notes”).

13) Set-off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

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

(a) If a Rating Agency Downgrade has occurred and BSFP has not, within the time period specified therein, complied with paragraph 16 below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.

(b) If, upon the occurrence of a Cap Disclosure Event (as defined in paragraph 17(ii) below) BSFP has not, within 10 calendar days after such Cap Disclosure Event complied with any of the provisions set forth in paragraph 17(iii) below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.

(c) An Additional Termination Event shall occur under the ISDA Form Master Agreement upon unrescindable notice that the Terminator will purchase all Mortgage Loans in accordance with Section 9.01 of the Pooling and Servicing Agreement. With respect to such Additional Termination Event, Counterparty shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction; provided, however, that notwithstanding Section 6(b)(iv) of the ISDA Form Master Agreement, only Counterparty may designate an Early Termination Date in respect of this Additional Termination Event.

15) Amendment to the ISDA Form Master Agreement. The “Failure to Pay or Deliver” provision in Section 5(a)(i) is hereby amended by deleting the word “third” in the third line thereof and inserting the word “second” in place thereof.
 
16) Ratings Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a “Ratings Event”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either
 
(i)  
assign this Transaction to an entity that satisfies (or whose credit support provider satisfies) the Required Ratings;
 
(ii)  
deliver collateral sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event, and an executed ISDA Credit Support Annex;
 
(iii)  
obtain a guaranty of an entity that satisfies the Required Rating to guaranty BSFP’s obligations under this Transaction; or
 
(iv)  
take any other action sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event;
 
provided that the failure by BSFP to take any action specified in (i)-(iv) above on or prior to the 30th calendar day after such Ratings Event shall constitute an Additional Termination Event under the ISDA Form Master Agreement with respect to which BSFP shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction.
 
(b) If BSFP fails to satisfy the Replacement Ratings (a “Replacement Event”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either:
 
(i)  
assign this Transaction to an entity that satisfies (or whose credit support provider satisfies) the Required Ratings;
 
(ii)  
obtain a guaranty of an entity that satisfies the Required Ratings to guaranty BSFP’s obligations under this Transaction; or
 
(iii)  
take any other action sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event;
 
provided that the failure by BSFP to take any action specified in (i)-(iii) above on or prior to the 10th Local Business Day after such Replacement Event shall constitute an Additional Termination Event under the ISDA Form Master Agreement with respect to which BSFP shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction.
 
As used herein,
 
DBRS” means Dominion Bond Rating Service, or any successor.
 
Moody’s” means Moody’s Investors Services, Inc.
 
Rating Agency” means, each of DBRS, S&P and Moody’s
 
“Rating Agency Condition” means with respect to any proposed act or omission to act hereunder, a condition that is satisfied if each Rating Agency then providing a rating of the Certificates and any Notes confirms in writing that the proposed action or inaction would not cause a downgrade or withdrawal of the then-current rating of any Certificates or Notes.
 
Replacement Ratings” means, with respect to any entity, the rating of the long-term senior unsecured and unsubordinated obligations of such entity is at least
 
“BBB-” by S&P or “A3” by Moody’s.
 
Required Ratings” means, with respect to any entity, the rating of the long-term senior unsecured and unsubordinated obligations of such entity is at least “AA-” by S&P and “Aa3” by Moody’s.
 
S&P” means Standard and Poor’s Ratings Services, Inc.

17) Compliance with Regulation AB.

(i) BSFP agrees and acknowledges that Citigroup Mortgage Loan Trust Inc. (“Depositor”) is required under Regulation AB under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (“Regulation AB”), to disclose certain financial information regarding BSFP or its group of affiliated entities, if applicable, depending on the aggregate “significance percentage” of this Agreement and any other derivative contracts between BSFP or its group of affiliated entities, if applicable, and Counterparty, as calculated from time to time in accordance with Item 1115 of Regulation AB.

(ii) It shall be a Cap disclosure event (“Cap Disclosure Event”) if, on any Business Day after the date hereof, Depositor or Sponsor requests from BSFP the applicable financial information described in Item 1115 of Regulation AB (such request to be based on a reasonable determination by Depositor or Trust Administrator, in good faith, that such information is required under Regulation AB) (the “Cap Financial Disclosure”).

(iii) Upon the occurrence of a Cap Disclosure Event, BSFP, at its own expense, shall (1) (a) either (i) provide to Depositor the current Cap Financial Disclosure in an EDGAR-compatible format (for example, such information may be provided in Microsoft Word® or Microsoft Excel® format but not in .pdf format) or (ii) provide written consent to Depositor  to incorporation by reference of such current Cap Financial Disclosure as are filed with the Securities and Exchange Commission in the reports of the Trust filed pursuant to the Exchange Act, (b) if applicable, cause its outside accounting firm to provide its consent to filing or incorporation by reference of such accounting firm’s report relating to their audits of such current Cap Financial Disclosure in the Exchange Act Reports of Depositor, and (c) provide to Depositor any updated Cap Financial Disclosure with respect to BSFP or any entity that consolidates BSFP within five days of the release of any such updated Cap Financial Disclosure; , (2) secure another entity to replace BSFP as party to this Agreement on terms substantially similar to this Agreement and subject to prior notification to the Rating Agencies, which entity (or a guarantor therefor) meets or exceeds the Approved Rating Thresholds and which satisfies the Rating Agency Condition and which entity is able to comply with the requirements of Item 1115 of Regulation AB or (3) obtain a guaranty of the BSFP’s obligations under this Agreement from an affiliate of the BSFP that is able to comply with the financial information disclosure requirements of Item 1115 of Regulation AB, such that disclosure provided in respect of the affiliate will satisfy any disclosure requirements applicable to the Cap Provider, and cause such affiliate to provide Cap Financial Disclosure. If permitted by Regulation AB, any required Cap Financial Disclosure may be provided by incorporation by reference from reports filed pursuant to the Exchange Act.

(iv) BSFP agrees that, in the event that BSFP provides Cap Financial Disclosure to the Depositor in accordance with clause (iii)(1) of paragraph 17 or causes its affiliate to provide Cap Financial Disclosure to the Depositor in accordance with clause (iii)(3) of paragraph 17, it will indemnify and hold harmless the Depositor, its respective directors or officers and any person controlling the Depositor, from and against any and all losses, claims, damages and liabilities caused by any untrue statement or alleged untrue statement of a material fact contained in such Cap Financial Disclosure or caused by any omission or alleged omission to state in such Cap Financial Disclosure a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

18) Third party Beneficiary.  Depositor shall be an express third party beneficiary of this Agreement as if a party hereto to the extent of Depositor’s rights explicitly specified herein.

19) Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of S&P, DBRS and Moody’s has been provided notice of the same and each of S&P, DBRS and Moody’s confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any Certificates or Notes.
 
   
NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN BSFP IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS AGREEMENT.

5.         Account Details and
Settlement Information:        Payments to BSFP:
   
Citibank, N.A., New York
ABA Number: 021-0000-89, for the account of
Bear, Stearns Securities Corp.
Account Number: 0925-3186, for further credit to
Bear Stearns Financial Products Inc.
Sub-account Number: 102-04654-1-3
Attention: Derivatives Department 
 
Payments to Counterparty:
Wells Fargo Bank, N.A.
San Francisco, California
ABA #121-000-248
Account #3970771416
Account Name: SAS Clearing
FFC #50962102 Basis Risk Cap Account
Attention: Client Services Manager - CMLTI 2006-FX1



SCHEDULE I
(all such dates subject to adjustment in accordance with the Business Day Convention)

 
From and including
 
To but excluding
Notional Amount
(USD)
Cap Rate
Effective Date
11/25/2006
611,320.00
8.802%
11/25/2006
12/25/2006
604,603.39
7.314%
12/25/2006
1/25/2007
596,213.47
7.079%
1/25/2007
2/25/2007
586,161.97
7.085%
2/25/2007
3/25/2007
574,458.45
7.863%
3/25/2007
4/25/2007
561,119.41
7.100%
4/25/2007
5/25/2007
546,167.22
7.349%
5/25/2007
6/25/2007
529,719.72
7.119%
6/25/2007
7/25/2007
512,842.92
7.371%
7/25/2007
8/25/2007
495,854.64
7.142%
8/25/2007
9/25/2007
479,041.90
7.153%
9/25/2007
10/25/2007
462,402.92
7.407%
10/25/2007
11/25/2007
445,935.93
7.177%
11/25/2007
12/25/2007
429,639.16
7.433%
12/25/2007
1/25/2008
413,510.87
7.203%
1/25/2008
2/25/2008
397,549.35
7.216%
2/25/2008
3/25/2008
381,752.89
7.735%
3/25/2008
4/25/2008
366,119.81
7.244%
4/25/2008
5/25/2008
350,648.43
7.503%
5/25/2008
6/25/2008
335,337.11
7.273%
6/25/2008
7/25/2008
320,184.21
7.534%
7/25/2008
8/25/2008
305,188.10
7.304%
8/25/2008
9/25/2008
290,347.19
7.320%
9/25/2008
10/25/2008
275,659.90
7.585%
10/25/2008
11/25/2008
261,124.64
7.354%
11/25/2008
12/25/2008
246,739.88
7.621%
12/25/2008
1/25/2009
232,504.06
7.390%
1/25/2009
2/25/2009
218,415.67
7.409%
2/25/2009
3/25/2009
204,473.20
8.235%
3/25/2009
4/25/2009
190,675.15
7.448%
4/25/2009
5/25/2009
177,020.06
7.722%
5/25/2009
6/25/2009
163,506.46
7.491%
6/25/2009
7/25/2009
150,132.90
7.767%
7/25/2009
8/25/2009
136,897.95
7.536%
8/25/2009
9/25/2009
123,800.20
7.560%
9/25/2009
10/25/2009
110,838.24
7.841%
10/25/2009
11/25/2009
  98,010.68
7.610%
11/25/2009
12/25/2009
  86,176.48
7.892%
12/25/2009
1/25/2010
  74,470.96
7.658%
1/25/2010
2/25/2010
  62,892.80
7.683%
2/25/2010
3/25/2010
  51,440.68
8.546%
3/25/2010
4/25/2010
  40,113.30
7.736%
4/25/2010
5/25/2010
  28,909.38
8.026%
5/25/2010
6/25/2010
  17,827.66
7.793%
6/25/2010
Termination Date
    6,866.87
8.087%
 
 

 

BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009

Exhibit B

DATE:
 
October 31, 2006
 
   
TO:
 
Wells Fargo Bank, N.A, not individually, but as solely Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
ATTENTION:
 
Client Services Manager - CMLTI 2006-FX1
TELEPHONE:
 
410-884-2000
FACSIMILE:
 
410-705-2380
     
FROM:
 
Derivatives Documentation
TELEPHONE:
 
212-272-2711
FACSIMILE: 
 
212-272-9857
     
SUBJECT:
 
Fixed Income Derivatives Confirmation and Agreement
     
REFERENCE NUMBER:
 
FXNCC8818
 
The purpose of this letter agreement ("Agreement") is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. ("BSFP") and Wells Fargo Bank, N.A. not individually, but solely Trust Administrator on behalf of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1 ("Counterparty") under the Pooling and Servicing Agreement, dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc., as depositor, Ameriquest Mortgage Company, Wells Fargo Bank, N.A. and Opteum Financial Services, LLC, as servicers, Wells Fargo Bank, N.A., as master servicer and trust administrator and U.S. Bank National Association as trustee (the “Pooling and Servicing Agreement”). This letter agreement constitutes the sole and complete "Confirmation," as referred to in the "ISDA Form Master Agreement" (as defined below), as well as a “Schedule” as referred to in the ISDA Form Master Agreement.

1.                This Agreement is subject to the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement in lieu of negotiating a Schedule to the 1992 ISDA Master Agreement (Multicurrency—Cross Border) form (the "ISDA Form Master Agreement") but, rather, an ISDA Form Master Agreement shall be deemed to have been executed by you and us on the date we entered into the Transaction. In the event of any inconsistency between the provisions of this Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement shall prevail for purposes of the Transaction. Terms capitalized but not defined herein shall have the meanings attributed to them in the Pooling and Servicing Agreement.
 

Reference Number: FXNCC8818
Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
October 31, 2006
 
2.
The terms of the particular Transaction to which this Confirmation relates are as follows:
       
 
Type of Transaction:
Rate Cap
       
 
Notional Amount:
With respect to any Calculation Period, the amount set forth for such period in Schedule I attached hereto.
       
 
Trade Date:
October 31, 2006
       
 
Effective Date:
October 31, 2006
       
 
Termination Date:
December 25, 2010, subject to adjustment in accordance with the Business Day Convention.
       
 
Fixed Amount (Premium):
Inapplicable. Premium has been paid under the Old Transaction.
       
 
Floating Amounts:
 
       
   
Floating Rate Payer:
BSFP
       
   
Cap Rate:
With respect to any Calculation Period, the rate set forth for such period in Schedule I attached hereto.
 
     
   
Floating Rate Payer
 
   
Period End Dates:
The 25th calendar day of each month during the Term of this Transaction, commencing November 25, 2006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
   
 
 
   
Floating Rate Payer
 
   
Payment Dates:
Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date.
       
   
Floating Rate Option:
USD-LIBOR-BBA; provided, however, that all references in Sections 7.1(w)(xvii) and 7.1(w)(xx) of the Annex to the Definitions to “on the day that is two London Banking Days preceding that Reset Date” shall be deleted and replaced with “on the day that is two New York and London Banking Days preceding that Reset Date”.
       
   
Floating Amount:
To be determined in accordance with the following formula:
     
Greater of (i) 250 * (Floating Rate Option - Cap Rate) * Notional Amount * Floating Rate Day Count Fraction; and (ii) zero.
       
   
Designated Maturity:
One month
       
   
Floating Rate Day
 
   
Count Fraction:
Actual/360
       
   
Reset Dates:
The first day of each Calculation Period.
       
   
Compounding:
Inapplicable
       
 
Business Days:
New York
       
 
Business Day Convention:
Following
       
3.
Additional Provisions:
Each party hereto is hereby advised and acknowledges that the other party has engaged in (or refrained from engaging in) substantial financial transactions and has taken (or refrained from taking) other material actions in reliance upon the entry by the parties into the Transaction being entered into on the terms and conditions set forth herein and in the Confirmation relating to such Transaction, as applicable. This paragraph shall be deemed repeated on the trade date of each Transaction.
       
4.
Provisions Deemed Incorporated in a Schedule to the ISDA Form Master Agreement:
 
1)  The parties agree that subparagraph (ii) of Section 2(c) of the ISDA Form Master Agreement will apply to any Transaction.

2) Termination Provisions. For purposes of the ISDA Form Master Agreement:

(a) "Specified Entity" is not applicable to BSFP or Counterparty for any purpose.

(b) “Breach of Agreement” provision of Section 5(a)(ii) will not apply to BSFP or Counterparty.

(c) “Credit Support Default” provisions of Section 5(a)(iii) will not apply to Counterparty and will not apply to BSFP unless BSFP has obtained a guarantee or other contingent agreement pursuant to paragraph 16 below.

(d) “Misrepresentation” provisions or Section 5(a)(iv) will not apply to BSFP or Counterparty.

(e) "Specified Transaction" is not applicable to BSFP or Counterparty for any purpose, and, accordingly, Section 5(a)(v) shall not apply to BSFP or Counterparty.

(f) The "Cross Default" provisions of Section 5(a)(vi) will not apply to BSFP or to Counterparty.

(g) The "Credit Event Upon Merger" provisions of Section 5(b)(iv) will not apply to BSFP or Counterparty.

(h)  The “Bankruptcy” provision of Section 5(a)(vii)(2) will not apply to Counterparty.

(i) The "Automatic Early Termination" provision of Section 6(a) will not apply to BSFP or to Counterparty.

(j) Payments on Early Termination. For the purpose of Section 6(e) of the ISDA Form Master Agreement:

(i) Market Quotation will apply.

(ii) The Second Method will apply.

(k) "Termination Currency" means United States Dollars.

3) Tax Representations.

(a) Payer Representations. For the purpose of Section 3(e) of the ISDA Form Master Agreement, each of BSFP and the Counterparty will make the following representations:
 
It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 2(e), 6(d)(ii) or 6(e) of the ISDA Form Master Agreement) to be made by it to the other party under this Agreement. In making this representation, it may rely on:

(i) the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement;

(ii) the satisfaction of the agreement contained in Sections 4(a)(i) or 4(a)(iii) of the ISDA Form Master Agreement and the accuracy and effectiveness of any document provided by the other party pursuant to Sections 4(a)(i) or 4(a)(iii) of the ISDA Form Master Agreement; and

(iii) the satisfaction of the agreement of the other party contained in Section 4(d) of the ISDA Form Master Agreement, provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) of the ISDA Form Master Agreement by reason of material prejudice to its legal or commercial position.

(b) Payee Representations. For the purpose of Section 3(f) of the ISDA Form Master Agreement, each of BSFP and the Counterparty make the following representations.
 
The following representation will apply to BSFP:

BSFP is a corporation organized under the laws of the State of Delaware and its U.S. taxpayer identification number is 13-3866307.

The following representation will apply to the Counterparty:
 
Wells Fargo Bank, N.A., is Trust Administrator pursuant to the Pooling and Servicing Agreement.
 
4)  Tax Event. The provisions of Section 2(d)(i)(4) of the ISDA Form Master Agreement shall not apply to Counterparty as X and the provisions of Section 2(d)(ii) of the ISDA Form Master Agreement shall not apply to Counterparty as Y, in each case such that Counterparty shall not be required to pay any additional amounts referred to therein.

5) Limitation on Events of Default. Notwithstanding the terms of Sections 5 and 6 of the ISDA Form Master Agreement, if at any time and so long as the Counterparty has satisfied in full all its payment obligations under Section 2(a)(i) of the ISDA Form Master Agreement and has at the time no future payment obligations, whether absolute or contingent, under such Section, then unless BSFP is required pursuant to appropriate proceedings to return to the Counterparty or otherwise returns to the Counterparty upon demand of the Counterparty any portion of any such payment, (a) the occurrence of an event described in Section 5(a) of the ISDA Form Master Agreement with respect to the Counterparty shall not constitute an Event of Default or Potential Event of Default with respect to the Counterparty as Defaulting Party and (b) BSFP shall be entitled to designate an Early Termination Date pursuant to Section 6 of the ISDA Form Master Agreement only as a result of the occurrence of a Termination Event set forth in either Section 5(b)(i) or 5(b)(ii) of the ISDA Form Master Agreement with respect to BSFP as the Affected Party, or Section 5(b)(iii) with respect to BSFP as the Burdened Party. Counterparty’s only obligation under Section 2(a)(i) of the ISDA Form Master Agreement is to pay the Fixed Amount on the Fixed Rate Payer Payment Date.
 
6) Documents to be Delivered. For the purpose of Section 4(a) of the ISDA Form Master Agreement:

(1) Tax forms, documents, or certificates to be delivered are:

Party required to deliver document
Form/Document/
Certificate
Date by which to
be delivered
     
BSFP and
the Counterparty
Any document required or reasonably requested to allow the other party to make payments under this Agreement without any deduction or withholding for or on the account of any Tax or with such deduction or withholding at a reduced rate
Promptly after the earlier of (i) reasonable demand by either party or (ii) learning that such form or document is required

 
(2) Other documents to be delivered are:

Party required to deliver document
Form/Document/
Certificate
Date by which to
be delivered
Covered by Section 3(d) Representation
       
BSFP and
the Counterparty
Any documents required by the receiving party to evidence the authority of the delivering party or its Credit Support Provider, if any, for it to execute and deliver this Agreement, any Confirmation , and any Credit Support Documents to which it is a party, and to evidence the authority of the delivering party or its Credit Support Provider to perform its obligations under this Agreement, such Confirmation and/or Credit Support Document, as the case may be
Upon the execution and delivery of this Agreement and such Confirmation
Yes
       
BSFP and
the Counterparty
A certificate of an authorized officer of the party, as to the incumbency and authority of the respective officers of the party signing this Agreement, any relevant Credit Support Document, or any Confirmation, as the case may be
Upon the execution and delivery of this Agreement and such Confirmation
Yes
       
Counterparty
An executed copy of the Pooling and Servicing Agreement
Within 30 days after the date of this Agreement.
No
       
BSFP
Legal opinion(s) with respect to such party and its Credit Support Provider, if any, for it reasonably satisfactory in form and substance to the other party relating to the enforceability of the party’s obligations under this Agreement.
Upon the execution and delivery of this Agreement and any Confirmation
No

7) Miscellaneous. Miscellaneous

(a)
Address for Notices: For the purposes of Section 12(a) of the ISDA Form Master Agreement:

Address for notices or communications to BSFP:

Address: 383 Madison Avenue, New York, New York 10179
Attention: DPC Manager
Facsimile: (212) 272-5823

with a copy to:

Address: One Metrotech Center North, Brooklyn, New York 11201
Attention: Derivative Operations - 7th Floor
Facsimile: (212) 272-1634

(For all purposes)

Address for notices or communications to the Counterparty:

Address:  Wells Fargo Bank, N.A.
  9062 Old Annapolis road
  Columbia, Maryland 21045
Attention:  Client Services Manager - CMLTI 2006-FX1

(For all purposes)

(b)           Process Agent. For the purpose of Section 13(c) of the ISDA Form Master Agreement:

BSFP appoints as its
Process Agent:   Not Applicable

The Counterparty appoints as its
Process Agent:  Not Applicable

(c)           Offices. The provisions of Section 10(a) of the ISDA Form Master Agreement will not apply to this Agreement; neither BSFP nor the Counterparty have any Offices other than as set forth in the Notices Section and BSFP agrees that, for purposes of Section 6(b) of the ISDA Form Master Agreement, it shall not in future have any Office other than one in the United States.

(d)           Multibranch Party. For the purpose of Section 10(c) of the ISDA Form Master Agreement:

BSFP is not a Multibranch Party.

 
The Counterparty is not a Multibranch Party.

(e)         Calculation Agent. The Calculation Agent is BSFP.

(f)            Credit Support Document.
 
 
BSFP: Not applicable, except for any ISDA Credit Support Annex, guarantee or contingent agreement delivered pursuant to paragraph 16 below.

The Counterparty: Not Applicable

(g)
Credit Support Provider.

BSFP: Not Applicable for BSFP for so long as no Credit Support Document is delivered under paragraph 16 below, otherwise, the party that is the primary obligor under the Credit Support Document.

The Counterparty: Not Applicable

(h)          Governing Law. The parties to this Agreement hereby agree that the law of the State of New York shall govern their rights and duties in whole without regard to the conflict of law provisions thereof other than New York General Obligations Law Sections 5-1401 and 5-1402.

(i)           Severability. If any term, provision, covenant, or condition of this Agreement, or the application thereof to any party or circumstance, shall be held to be invalid or unenforceable (in whole or in part) for any reason, the remaining terms, provisions, covenants, and conditions hereof shall continue in full force and effect as if this Agreement had been executed with the invalid or unenforceable portion eliminated, so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter of this Agreement and the deletion of such portion of this Agreement will not substantially impair the respective benefits or expectations of the parties.

The parties shall endeavor to engage in good faith negotiations to replace any invalid or unenforceable term, provision, covenant or condition with a valid or enforceable term, provision, covenant or condition, the economic effect of which comes as close as possible to that of the invalid or unenforceable term, provision, covenant or condition.

(j)           Consent to Recording. Each party hereto consents to the monitoring or recording, at any time and from time to time, by the other party of any and all communications between officers or employees of the parties, waives any further notice of such monitoring or recording, and agrees to notify its officers and employees of such monitoring or recording.

(k)          Waiver of Jury Trial. Each party waives any right it may have to a trial by jury in respect of any Proceedings relating to this Agreement or any Credit Support Document.

8) "Affiliate". Each of BSFP and Counterparty shall be deemed to have no Affiliates for purposes of this Agreement, including for purposes of Section 6(b)(ii) of the ISDA Form Master Agreement.
 
9) Section 3 of the ISDA Form Master Agreement is hereby amended by adding at the end thereof the following subsection (g):

“(g) Relationship Between Parties.

   
Each party represents to the other party on each date when it enters into a Transaction that:--

(1) Nonreliance. It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction.

(2) Evaluation and Understanding.

(i)    BSFP is acting for its own account and Wells Fargo Bank, N.A., is acting as Trust Administrator under the Pooling and Servicing Agreement, and not for its own account. Each Party has made its own independent decisions to enter into this Transaction and as to whether this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this Transaction; it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered investment advice or a recommendation to enter into this Transaction. It has not received from the other party any assurance or guarantee as to the expected results of this Transaction.

 
(ii)
It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of this Transaction. It is also capable of assuming, and assumes, the financial and other risks of this Transaction.

(iii)  The other party is not acting as an agent or fiduciary or an advisor for it in respect of this Transaction.
 
(3) Purpose. It is an “eligible swap participant” as such term is defined in Section 35.1(b)(2) of the regulations (17 C.F.R 35) promulgated under, and an “eligible contract participant” as defined in Section 1(a)(12) of, the Commodity Exchange Act, as amended, and it is entering into the Transaction for the purposes of managing its borrowings or investments, hedging its underlying assets or liabilities or in connection with a line of business.”
 
10) Pooling and Servicing Agreement. BSFP hereby agrees that, notwithstanding any provision of this agreement to the contrary, Counterparty’s obligations to pay any amounts owing under this Agreement shall be subject to the Pooling and Servicing Agreement and BSFP’s right to receive payment of such amounts shall be subject to the Pooling and Servicing Agreement.

11) Trust Administrator Liability Limitations. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by Wells Fargo Bank N.A. (“Wells”), not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, (b) each of the representations, undertakings and agreements herein made on the part of the Counterparty is made and intended not as a personal representation, undertaking or agreement of Wells but is made and intended for the purpose of binding only the Counterparty, (c) nothing herein contained shall be construed as imposing any liability upon Wells, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto; provided that nothing in this paragraph shall relieve Wells from performing its duties and obligations under the Pooling and Servicing Agreement in accordance with the standard of care set forth therein, (d) under no circumstances shall Wells be personally liable for the payment of any indebtedness or expenses of the Counterparty or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Counterparty under this Agreement or any other related documents, other than due to its negligence or willful misconduct in performing the obligations of the Trust Administrator under the Pooling and Servicing Agreement, (e) any resignation or removal of Wells as Trust Administrator shall require the assignment of this agreement to the Trust Administrator’s replacement, and (f) Wells, as Trust Administrator, has been directed, pursuant to the Pooling and Servicing Agreement, to enter into this Agreement and to perform its obligations hereunder.

12) Proceedings.  BSFP shall not institute against or cause any other person to institute against, or join any other person in instituting against, the trust created pursuant to the Pooling and Servicing Agreement, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day (or, if longer, the applicable preference period) following indefeasible payment in full of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1 (the “Certificates”) and any notes backed by the Certificates (the “Notes”).

13) Set-off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

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

(a) If a Rating Agency Downgrade has occurred and BSFP has not, within the time period specified therein, complied with paragraph 16 below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.

(b) If, upon the occurrence of a Cap Disclosure Event (as defined in paragraph 17(ii) below) BSFP has not, within 10 calendar days after such Cap Disclosure Event complied with any of the provisions set forth in paragraph 17(iii) below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.

(c) An Additional Termination Event shall occur under the ISDA Form Master Agreement upon unrescindable notice that the Terminator will purchase all Mortgage Loans in accordance with Section 9.01 of the Pooling and Servicing Agreement. With respect to such Additional Termination Event, Counterparty shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction; provided, however, that notwithstanding Section 6(b)(iv) of the ISDA Form Master Agreement, only Counterparty may designate an Early Termination Date in respect of this Additional Termination Event.

15) Amendment to the ISDA Form Master Agreement. The “Failure to Pay or Deliver” provision in Section 5(a)(i) is hereby amended by deleting the word “third” in the third line thereof and inserting the word “second” in place thereof.
 
16) Ratings Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a “Ratings Event”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either
 
(i)  
assign this Transaction to an entity that satisfies (or whose credit support provider satisfies) the Required Ratings;
 
(ii)  
deliver collateral sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event, and an executed ISDA Credit Support Annex;
 
(iii)  
obtain a guaranty of an entity that satisfies the Required Rating to guaranty BSFP’s obligations under this Transaction; or
 
(iv)  
take any other action sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event;
 
provided that the failure by BSFP to take any action specified in (i)-(iv) above on or prior to the 30th calendar day after such Ratings Event shall constitute an Additional Termination Event under the ISDA Form Master Agreement with respect to which BSFP shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction.
 
(b) If BSFP fails to satisfy the Replacement Ratings (a “Replacement Event”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either:
 
(i)  
assign this Transaction to an entity that satisfies (or whose credit support provider satisfies) the Required Ratings;
 
(ii)  
obtain a guaranty of an entity that satisfies the Required Ratings to guaranty BSFP’s obligations under this Transaction; or
 
(iii)  
take any other action sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event;
 
provided that the failure by BSFP to take any action specified in (i)-(iii) above on or prior to the 10th Local Business Days after such Replacement Event shall constitute an Additional Termination Event under the ISDA Form Master Agreement with respect to which BSFP shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction.
 
As used herein,
 
DBRS” means Dominion Bond Rating Service, or any successor.
 
Moody’s” means Moody’s Investors Services, Inc.
 
Rating Agency” means, each of DBRS, S&P and Moody’s
 
“Rating Agency Condition” means with respect to any proposed act or omission to act hereunder, a condition that is satisfied if each Rating Agency then providing a rating of the Certificates and any Notes confirms in writing that the proposed action or inaction would not cause a downgrade or withdrawal of the then-current rating of any Certificates or Notes.
 
Replacement Ratings” means, with respect to any entity, the rating of the long-term senior unsecured and unsubordinated obligations of such entity is at least
 
“BBB-” by S&P or “A3” by Moody’s.
 
Required Ratings” means, with respect to any entity, the rating of the long-term senior unsecured and unsubordinated obligations of such entity is at least “AA-” by S&P and “Aa3” by Moody’s.
 
S&P” means Standard and Poor’s Ratings Services, Inc.

17) Compliance with Regulation AB.

(i) BSFP agrees and acknowledges that Citigroup Mortgage Loan Trust Inc. (“Depositor”) is required under Regulation AB under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (“Regulation AB”), to disclose certain financial information regarding BSFP or its group of affiliated entities, if applicable, depending on the aggregate “significance percentage” of this Agreement and any other derivative contracts between BSFP or its group of affiliated entities, if applicable, and Counterparty, as calculated from time to time in accordance with Item 1115 of Regulation AB.

(ii) It shall be a Cap disclosure event (“Cap Disclosure Event”) if, on any Business Day after the date hereof, Depositor or Sponsor requests from BSFP the applicable financial information described in Item 1115 of Regulation AB (such request to be based on a reasonable determination by Depositor or Trust Administrator, in good faith, that such information is required under Regulation AB) (the “Cap Financial Disclosure”).

(iii) Upon the occurrence of a Cap Disclosure Event, BSFP, at its own expense, shall (1) (a) either (i) provide to Depositor the current Cap Financial Disclosure in an EDGAR-compatible format (for example, such information may be provided in Microsoft Word® or Microsoft Excel® format but not in .pdf format) or (ii) provide written consent to Depositor  to incorporation by reference of such current Cap Financial Disclosure as are filed with the Securities and Exchange Commission in the reports of the Trust filed pursuant to the Exchange Act, (b) if applicable, cause its outside accounting firm to provide its consent to filing or incorporation by reference of such accounting firm’s report relating to their audits of such current Cap Financial Disclosure in the Exchange Act Reports of Depositor, and (c) provide to Depositor any updated Cap Financial Disclosure with respect to BSFP or any entity that consolidates BSFP within five days of the release of any such updated Cap Financial Disclosure; , (2) secure another entity to replace BSFP as party to this Agreement on terms substantially similar to this Agreement and subject to prior notification to the Rating Agencies, which entity (or a guarantor therefor) meets or exceeds the Approved Rating Thresholds and which satisfies the Rating Agency Condition and which entity is able to comply with the requirements of Item 1115 of Regulation AB or (3) obtain a guaranty of the BSFP’s obligations under this Agreement from an affiliate of the BSFP that is able to comply with the financial information disclosure requirements of Item 1115 of Regulation AB, such that disclosure provided in respect of the affiliate will satisfy any disclosure requirements applicable to the Cap Provider, and cause such affiliate to provide Cap Financial Disclosure. If permitted by Regulation AB, any required Cap Financial Disclosure may be provided by incorporation by reference from reports filed pursuant to the Exchange Act.

(iv) BSFP agrees that, in the event that BSFP provides Cap Financial Disclosure to the Depositor in accordance with clause (iii)(1) of paragraph 17 or causes its affiliate to provide Cap Financial Disclosure to the Depositor in accordance with clause (iii)(3) of paragraph 17, it will indemnify and hold harmless the Depositor, its respective directors or officers and any person controlling the Depositor, from and against any and all losses, claims, damages and liabilities caused by any untrue statement or alleged untrue statement of a material fact contained in such Cap Financial Disclosure or caused by any omission or alleged omission to state in such Cap Financial Disclosure a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

18) Third party Beneficiary.  Depositor shall be an express third party beneficiary of this Agreement as if a party hereto to the extent of Depositor’s rights explicitly specified herein.

19) Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of S&P, DBRS and Moody’s has been provided notice of the same and each of S&P, DBRS and Moody’s confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any Certificates or Notes.
 
   
NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN BSFP IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS AGREEMENT.

5.        Account Details and
Settlement Information:        Payments to BSFP:
   
Citibank, N.A., New York
ABA Number: 021-0000-89, for the account of
Bear, Stearns Securities Corp.
Account Number: 0925-3186, for further credit to
Bear Stearns Financial Products Inc.
Sub-account Number: 102-04654-1-3
Attention: Derivatives Department 
 
Payments to Counterparty:
Wells Fargo Bank, N.A.
San Francisco, California
ABA #121-000-248
Account #3970771416
Account Name: SAS Clearing
FFC #50962102 Basis Risk Cap Account
Attention: Client Services Manager - CMLTI 2006-FX1
 



SCHEDULE I
(all such dates subject to adjustment in accordance with the Business Day Convention)

 
From and including
 
To but excluding
Notional Amount
(USD)
Cap Rate
Effective Date
11/25/2006
51,392.00
8.702%
11/25/2006
12/25/2006
51,392.00
7.214%
12/25/2006
1/25/2007
51,392.00
6.979%
1/25/2007
2/25/2007
51,392.00
6.985%
2/25/2007
3/25/2007
51,392.00
7.763%
3/25/2007
4/25/2007
51,392.00
7.000%
4/25/2007
5/25/2007
51,392.00
7.249%
5/25/2007
6/25/2007
51,392.00
7.019%
6/25/2007
7/25/2007
51,392.00
7.271%
7/25/2007
8/25/2007
51,392.00
7.042%
8/25/2007
9/25/2007
51,392.00
7.053%
9/25/2007
10/25/2007
51,392.00
7.307%
10/25/2007
11/25/2007
51,392.00
7.077%
11/25/2007
12/25/2007
51,392.00
7.333%
12/25/2007
1/25/2008
51,392.00
7.103%
1/25/2008
2/25/2008
51,392.00
7.116%
2/25/2008
3/25/2008
51,392.00
7.635%
3/25/2008
4/25/2008
51,392.00
7.144%
4/25/2008
5/25/2008
51,392.00
7.403%
5/25/2008
6/25/2008
51,392.00
7.173%
6/25/2008
7/25/2008
51,392.00
7.434%
7/25/2008
8/25/2008
51,392.00
7.204%
8/25/2008
9/25/2008
51,392.00
7.220%
9/25/2008
10/25/2008
51,392.00
7.485%
10/25/2008
11/25/2008
51,392.00
7.254%
11/25/2008
12/25/2008
51,392.00
7.521%
12/25/2008
1/25/2009
51,392.00
7.290%
1/25/2009
2/25/2009
51,392.00
7.309%
2/25/2009
3/25/2009
51,392.00
8.135%
3/25/2009
4/25/2009
51,392.00
7.348%
4/25/2009
5/25/2009
51,392.00
7.622%
5/25/2009
6/25/2009
51,392.00
7.391%
6/25/2009
7/25/2009
51,392.00
7.667%
7/25/2009
8/25/2009
51,392.00
7.436%
8/25/2009
9/25/2009
51,392.00
7.460%
9/25/2009
10/25/2009
51,392.00
7.741%
10/25/2009
11/25/2009
51,392.00
7.510%
11/25/2009
12/25/2009
51,392.00
7.792%
12/25/2009
1/25/2010
51,392.00
7.558%
1/25/2010
2/25/2010
51,392.00
7.583%
2/25/2010
3/25/2010
51,392.00
8.446%
3/25/2010
4/25/2010
51,392.00
7.636%
4/25/2010
5/25/2010
51,392.00
7.926%
5/25/2010
6/25/2010
51,392.00
7.693%
6/25/2010
7/25/2010
51,392.00
7.987%
7/25/2010
8/25/2010
47,417.76
7.754%
8/25/2010
9/25/2010
36,695.12
7.786%
9/25/2010
10/25/2010
26,089.71
8.087%
10/25/2010
11/25/2010
15,600.33
7.855%
11/25/2010
Termination Date
5,225.80
8.161%
 
 

 

BEAR STEARNS FINANCIAL PRODUCTS INC.
383 MADISON AVENUE
NEW YORK, NEW YORK 10179
212-272-4009

Exhibit C


DATE:                                   October 31, 2006
   
TO:
Wells Fargo Bank, N.A.,, not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1
ATTENTION:                                  Client Services Manager - CMLTI 2006-FX1  
TELEPHONE:                                410-884-2000   
FACSIMILE:                                   410-705-2380   
FROM:                                 Derivatives Documentation
TELEPHONE:                                212-272-2711
FACSIMILE:                                   212-272-9857

SUBJECT:                                       Fixed Income Derivatives Confirmation and Agreement

REFERENCE NUMBER:             FXNCC8819

The purpose of this letter agreement ("Agreement") is to confirm the terms and conditions of the Transaction entered into on the Trade Date specified below (the "Transaction") between Bear Stearns Financial Products Inc. ("BSFP") and Wells Fargo Bank, N.A., not individually, but solely as Trust Administrator on behalf of Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1 ("Counterparty") under the Pooling and Servicing Agreement, dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc., as depositor, Ameriquest Mortgage Company, Wells Fargo Bank, N.A. and Opteum Financial Services, LLC, as servicers, Wells Fargo Bank, N.A., as master servicer and trust administrator and U.S. Bank National Association as trustee (the “Pooling and Servicing Agreement”). This letter agreement constitutes the sole and complete "Confirmation," as referred to in the "ISDA Form Master Agreement" (as defined below), as well as a “Schedule” as referred to in the ISDA Form Master Agreement.

1. This Agreement is subject to the 2000 ISDA Definitions (the “Definitions”), as published by the International Swaps and Derivatives Association, Inc. (“ISDA”). You and we have agreed to enter into this Agreement in lieu of negotiating a Schedule to the 1992 ISDA Master Agreement (Multicurrency—Cross Border) form (the "ISDA Form Master Agreement") but, rather, an ISDA Form Master Agreement shall be deemed to have been executed by you and us on the date we entered into the Transaction. In the event of any inconsistency between the provisions of this Agreement and the Definitions or the ISDA Form Master Agreement, this Agreement shall prevail for purposes of the Transaction. Terms capitalized but not defined herein shall have the meanings attributed to them in the Pooling and Servicing Agreement.

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

Type of Transaction:                             Rate Cap

Notional Amount:                                 With respect to any Calculation Period, the amount set forth for such period in Schedule I attached hereto.

Trade Date:                                           October 31, 2006

Effective Date:                                     October 31, 2006

Termination Date:                                November 25, 2013, subject to adjustment in accordance with the Business Day Convention.

Fixed Amount (Premium):               Inapplicable. Premium has been paid under the Old Transaction.

Floating Amounts: 

Floating Rate Payer:                 BSFP

   
Cap Rate:
 
With respect to any Calculation Period, the rate set forth for such period in Schedule I attached hereto.
 
Floating Rate Payer
Period End Dates:                   The 25th calendar day of each month during the Term of this Transaction, commencing November 25, 2006, and ending on the Termination Date, subject to adjustment in accordance with the Business Day Convention.
   
 
 
 
Floating Rate Payer
Payment Dates:                         Early Payment shall be applicable. The Floating Rate Payer Payment Date shall be two Business Days prior to each Floating Rate Payer Period End Date.

   
Floating Rate Option:
USD-LIBOR-BBA; provided, however, that all references in Sections 7.1(w)(xvii) and 7.1(w)(xx) of the Annex to the Definitions to “on the day that is two London Banking Days preceding that Reset Date” shall be deleted and replaced with “on the day that is two New York and London Banking Days preceding that Reset Date”.
 
Floating Amount:                       To be determined in accordance with the following formula:
 
                                                            Greater of (i) 250 * (Floating Rate Option - Cap Rate) * Notional Amount * Floating Rate Day Count Fraction; and (ii) zero.

Designated Maturity:                One month

Floating Rate Day
Count Fraction:                          Actual/360

Reset Dates:                              The first day of each Calculation Period.

Compounding:                           Inapplicable

Business Days:                                     New York

Business Day Convention:                   Following

3.       Additional Provisions:                        Each party hereto is hereby advised and acknowledges that the other party has engaged in (or refrained from engaging in) substantial financial transactions and has taken (or refrained from taking) other material actions in reliance upon the entry by the parties into the Transaction being entered into on the terms and conditions set forth herein and in the Confirmation relating to such Transaction, as applicable. This paragraph shall be deemed repeated on the trade date of each Transaction.

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

1)   
The parties agree that subparagraph (ii) of Section 2(c) of the ISDA Form Master Agreement will apply to any Transaction.

2)  Termination Provisions. For purposes of the ISDA Form Master Agreement:

(a)  "Specified Entity" is not applicable to BSFP or Counterparty for any purpose.

(b)  “Breach of Agreement” provision of Section 5(a)(ii) will not apply to BSFP or Counterparty.

(c)  “Credit Support Default” provisions of Section 5(a)(iii) will not apply to Counterparty and will not apply to BSFP unless BSFP has obtained a guarantee or other contingent agreement pursuant to paragraph 16 below.

(d)  “Misrepresentation” provisions or Section 5(a)(iv) will not apply to BSFP or Counterparty.

(e)  "Specified Transaction" is not applicable to BSFP or Counterparty for any purpose, and, accordingly, Section 5(a)(v) shall not apply to BSFP or Counterparty.

(f)  The "Cross Default" provisions of Section 5(a)(vi) will not apply to BSFP or to Counterparty.

(g)  The "Credit Event Upon Merger" provisions of Section 5(b)(iv) will not apply to BSFP or Counterparty.

(h)   The “Bankruptcy” provision of Section 5(a)(vii)(2) will not apply to Counterparty.

(i)  The "Automatic Early Termination" provision of Section 6(a) will not apply to BSFP or to Counterparty.

(j)  Payments on Early Termination. For the purpose of Section 6(e) of the ISDA Form Master Agreement:

(i) Market Quotation will apply.

(ii) The Second Method will apply.

(k)  "Termination Currency" means United States Dollars.

3)  Tax Representations.

(a) Payer Representations. For the purpose of Section 3(e) of the ISDA Form Master Agreement, each of BSFP and the Counterparty will make the following representations:
 
It is not required by any applicable law, as modified by the practice of any relevant governmental revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for or on account of any Tax from any payment (other than interest under Section 2(e), 6(d)(ii) or 6(e) of the ISDA Form Master Agreement) to be made by it to the other party under this Agreement. In making this representation, it may rely on:

(i) the accuracy of any representations made by the other party pursuant to Section 3(f) of this Agreement;

(ii) the satisfaction of the agreement contained in Sections 4(a)(i) or 4(a)(iii) of the ISDA Form Master Agreement and the accuracy and effectiveness of any document provided by the other party pursuant to Sections 4(a)(i) or 4(a)(iii) of the ISDA Form Master Agreement; and

(iii) the satisfaction of the agreement of the other party contained in Section 4(d) of the ISDA Form Master Agreement, provided that it shall not be a breach of this representation where reliance is placed on clause (ii) and the other party does not deliver a form or document under Section 4(a)(iii) of the ISDA Form Master Agreement by reason of material prejudice to its legal or commercial position.

(b) Payee Representations. For the purpose of Section 3(f) of the ISDA Form Master Agreement, each of BSFP and the Counterparty make the following representations.
 
The following representation will apply to BSFP:

BSFP is a corporation organized under the laws of the State of Delaware and its U.S. taxpayer identification number is 13-3866307.

The following representation will apply to the Counterparty:
 
Wells Fargo Bank, N.A., is Trust Administrator pursuant to the Pooling and Servicing Agreement.
 
4)  Tax Event. The provisions of Section 2(d)(i)(4) of the ISDA Form Master Agreement shall not apply to Counterparty as X and the provisions of Section 2(d)(ii) of the ISDA Form Master Agreement shall not apply to Counterparty as Y, in each case such that Counterparty shall not be required to pay any additional amounts referred to therein.

5) Limitation on Events of Default. Notwithstanding the terms of Sections 5 and 6 of the ISDA Form Master Agreement, if at any time and so long as the Counterparty has satisfied in full all its payment obligations under Section 2(a)(i) of the ISDA Form Master Agreement and has at the time no future payment obligations, whether absolute or contingent, under such Section, then unless BSFP is required pursuant to appropriate proceedings to return to the Counterparty or otherwise returns to the Counterparty upon demand of the Counterparty any portion of any such payment, (a) the occurrence of an event described in Section 5(a) of the ISDA Form Master Agreement with respect to the Counterparty shall not constitute an Event of Default or Potential Event of Default with respect to the Counterparty as Defaulting Party and (b) BSFP shall be entitled to designate an Early Termination Date pursuant to Section 6 of the ISDA Form Master Agreement only as a result of the occurrence of a Termination Event set forth in either Section 5(b)(i) or 5(b)(ii) of the ISDA Form Master Agreement with respect to BSFP as the Affected Party, or Section 5(b)(iii) with respect to BSFP as the Burdened Party. Counterparty’s only obligation under Section 2(a)(i) of the ISDA Form Master Agreement is to pay the Fixed Amount on the Fixed Rate Payer Payment Date.

6) Documents to be Delivered. For the purpose of Section 4(a) of the ISDA Form Master Agreement:

(1) Tax forms, documents, or certificates to be delivered are:

Party required to deliver document
Form/Document/
Certificate
Date by which to
be delivered
BSFP and
the Counterparty
Any document required or reasonably requested to allow the other party to make payments under this Agreement without any deduction or withholding for or on the account of any Tax or with such deduction or withholding at a reduced rate
Promptly after the earlier of (i) reasonable demand by either party or (ii) learning that such form or document is required

 
(2) Other documents to be delivered are:

Party required to deliver document
Form/Document/
Certificate
Date by which to
be delivered
Covered by Section 3(d) Representation
BSFP and
the Counterparty
Any documents required by the receiving party to evidence the authority of the delivering party or its Credit Support Provider, if any, for it to execute and deliver this Agreement, any Confirmation , and any Credit Support Documents to which it is a party, and to evidence the authority of the delivering party or its Credit Support Provider to perform its obligations under this Agreement, such Confirmation and/or Credit Support Document, as the case may be
Upon the execution and delivery of this Agreement and such Confirmation
Yes
       
BSFP and
the Counterparty
A certificate of an authorized officer of the party, as to the incumbency and authority of the respective officers of the party signing this Agreement, any relevant Credit Support Document, or any Confirmation, as the case may be
Upon the execution and delivery of this Agreement and such Confirmation
Yes
       
Counterparty
An executed copy of the Pooling and Servicing Agreement
Within 30 days after the date of this Agreement.
No
       
BSFP
Legal opinion(s) with respect to such party and its Credit Support Provider, if any, for it reasonably satisfactory in form and substance to the other party relating to the enforceability of the party’s obligations under this Agreement.
Upon the execution and delivery of this Agreement and any Confirmation
No


7) Miscellaneous. Miscellaneous

(a)
Address for Notices: For the purposes of Section 12(a) of the ISDA Form Master Agreement:

Address for notices or communications to BSFP:

Address: 383 Madison Avenue, New York, New York 10179
Attention: DPC Manager
Facsimile: (212) 272-5823

with a copy to:

Address: One Metrotech Center North, Brooklyn, New York 11201
Attention: Derivative Operations - 7th Floor
Facsimile: (212) 272-1634

(For all purposes)

Address for notices or communications to the Counterparty:

Address:  Wells Fargo Bank, N.A.
  9062 Old Annapolis road
  Columbia, Maryland 21045
Attention:  Client Services Manager - CMLTI 2006-FX1

(For all purposes)

(b) Process Agent. For the purpose of Section 13(c) of the ISDA Form Master Agreement:

BSFP appoints as its
Process Agent:   Not Applicable

The Counterparty appoints as its
Process Agent:  Not Applicable

(c) Offices. The provisions of Section 10(a) of the ISDA Form Master Agreement will not apply to this Agreement; neither BSFP nor the Counterparty have any Offices other than as set forth in the Notices Section and BSFP agrees that, for purposes of Section 6(b) of the ISDA Form Master Agreement, it shall not in future have any Office other than one in the United States.

(d) Multibranch Party. For the purpose of Section 10(c) of the ISDA Form Master Agreement:

BSFP is not a Multibranch Party.

 
The Counterparty is not a Multibranch Party.

(e)         
Calculation Agent. The Calculation Agent is BSFP.

(f) Credit Support Document.
 
 
BSFP: Not applicable, except for any ISDA Credit Support Annex, guarantee or contingent agreement delivered pursuant to paragraph 16 below.

The Counterparty: Not Applicable

(g)
Credit Support Provider.

BSFP: Not Applicable for BSFP for so long as no Credit Support Document is delivered under paragraph 16 below, otherwise, the party that is the primary obligor under the Credit Support Document.

The Counterparty: Not Applicable

(h) Governing Law. The parties to this Agreement hereby agree that the law of the State of New York shall govern their rights and duties in whole without regard to the conflict of law provisions thereof other than New York General Obligations Law Sections 5-1401 and 5-1402.

(i) Severability. If any term, provision, covenant, or condition of this Agreement, or the application thereof to any party or circumstance, shall be held to be invalid or unenforceable (in whole or in part) for any reason, the remaining terms, provisions, covenants, and conditions hereof shall continue in full force and effect as if this Agreement had been executed with the invalid or unenforceable portion eliminated, so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter of this Agreement and the deletion of such portion of this Agreement will not substantially impair the respective benefits or expectations of the parties.

The parties shall endeavor to engage in good faith negotiations to replace any invalid or unenforceable term, provision, covenant or condition with a valid or enforceable term, provision, covenant or condition, the economic effect of which comes as close as possible to that of the invalid or unenforceable term, provision, covenant or condition.

(j) Consent to Recording. Each party hereto consents to the monitoring or recording, at any time and from time to time, by the other party of any and all communications between officers or employees of the parties, waives any further notice of such monitoring or recording, and agrees to notify its officers and employees of such monitoring or recording.

(k) Waiver of Jury Trial. Each party waives any right it may have to a trial by jury in respect of any Proceedings relating to this Agreement or any Credit Support Document.

8) "Affiliate". Each of BSFP and Counterparty shall be deemed to have no Affiliates for purposes of this Agreement, including for purposes of Section 6(b)(ii) of the ISDA Form Master Agreement.
 
9) Section 3 of the ISDA Form Master Agreement is hereby amended by adding at the end thereof the following subsection (g):

“(g) Relationship Between Parties.

   
Each party represents to the other party on each date when it enters into a Transaction that:--

(1) Nonreliance. It is not relying on any statement or representation of the other party regarding the Transaction (whether written or oral), other than the representations expressly made in this Agreement or the Confirmation in respect of that Transaction.

(2) Evaluation and Understanding.

(i) BSFP is acting for its own account and Wells Fargo Bank, N.A.,, N.A., is acting as Trust Administrator under the Pooling and Servicing Agreement, and not for its own account. Each Party has made its own independent decisions to enter into this Transaction and as to whether this Transaction is appropriate or proper for it based upon its own judgment and upon advice from such advisors as it has deemed necessary. It is not relying on any communication (written or oral) of the other party as investment advice or as a recommendation to enter into this Transaction; it being understood that information and explanations related to the terms and conditions of this Transaction shall not be considered investment advice or a recommendation to enter into this Transaction. It has not received from the other party any assurance or guarantee as to the expected results of this Transaction.

 
(ii)
It is capable of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of this Transaction. It is also capable of assuming, and assumes, the financial and other risks of this Transaction.

(iii) The other party is not acting as an agent or fiduciary or an advisor for it in respect of this Transaction.
 
(3) Purpose. It is an “eligible swap participant” as such term is defined in Section 35.1(b)(2) of the regulations (17 C.F.R 35) promulgated under, and an “eligible contract participant” as defined in Section 1(a)(12) of, the Commodity Exchange Act, as amended, and it is entering into the Transaction for the purposes of managing its borrowings or investments, hedging its underlying assets or liabilities or in connection with a line of business.”
 
10) Pooling and Servicing Agreement. BSFP hereby agrees that, notwithstanding any provision of this agreement to the contrary, Counterparty’s obligations to pay any amounts owing under this Agreement shall be subject to the Pooling and Servicing Agreement and BSFP’s right to receive payment of such amounts shall be subject to the Pooling and Servicing Agreement.

11) Trust Administrator Liability Limitations. It is expressly understood and agreed by the parties hereto that (a) this Agreement is executed and delivered by Wells Fargo Bank, N.A., (“Wells”), not individually, but solely as Trust Administrator on behalf of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1, (b) each of the representations, undertakings and agreements herein made on the part of the Counterparty is made and intended not as a personal representation, undertaking or agreement of Wells but is made and intended for the purpose of binding only the Counterparty, (c) nothing herein contained shall be construed as imposing any liability upon Wells, individually or personally, to perform any covenant either expressed or implied contained herein, all such liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto; provided that nothing in this paragraph shall relieve Wells from performing its duties and obligations under the Pooling and Servicing Agreement in accordance with the standard of care set forth therein, (d) under no circumstances shall Wells be personally liable for the payment of any indebtedness or expenses of the Counterparty or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Counterparty under this Agreement or any other related documents, other than due to its negligence or willful misconduct in performing the obligations of the Trust Administrator under the Pooling and Servicing Agreement, (e) any resignation or removal of Wells as Trust Administrator shall require the assignment of this agreement to the Trust Administrator’s replacement, and (f) Wells, as Trust Administrator, has been directed, pursuant to the Pooling and Servicing Agreement, to enter into this Agreement and to perform its obligations hereunder.

12) Proceedings.  BSFP shall not institute against or cause any other person to institute against, or join any other person in instituting against, the trust created pursuant to the Pooling and Servicing Agreement, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any federal or state bankruptcy, dissolution or similar law, for a period of one year and one day (or, if longer, the applicable preference period) following indefeasible payment in full of the Citigroup Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates, Series 2006-FX1 (the “Certificates”) and any notes backed by the Certificates (the “Notes”).

13) Set-off. Notwithstanding any provision of this Agreement or any other existing or future agreement, each party irrevocably waives any and all rights it may have to set off, net, recoup or otherwise withhold or suspend or condition payment or performance of any obligation between it and the other party hereunder against any obligation between it and the other party under any other agreements. The provisions for Set-off set forth in Section 6(e) of the ISDA Form Master Agreement shall not apply for purposes of this Transaction.

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

(a) If a Rating Agency Downgrade has occurred and BSFP has not, within the time period specified therein, complied with paragraph 16 below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.

(b) If, upon the occurrence of a Cap Disclosure Event (as defined in paragraph 17(ii) below) BSFP has not, within 10 calendar days after such Cap Disclosure Event complied with any of the provisions set forth in paragraph 17(iii) below, then an Additional Termination Event shall have occurred with respect to BSFP and BSFP shall be the sole Affected Party with respect to such Additional Termination Event.

(c) An Additional Termination Event shall occur under the ISDA Form Master Agreement upon unrescindable notice that the Terminator will purchase all Mortgage Loans in accordance with Section 9.01 of the Pooling and Servicing Agreement. With respect to such Additional Termination Event, Counterparty shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction; provided, however, that notwithstanding Section 6(b)(iv) of the ISDA Form Master Agreement, only Counterparty may designate an Early Termination Date in respect of this Additional Termination Event.

15) Amendment to the ISDA Form Master Agreement. The “Failure to Pay or Deliver” provision in Section 5(a)(i) is hereby amended by deleting the word “third” in the third line thereof and inserting the word “second” in place thereof.
 
16) Ratings Downgrade. (a) If BSFP fails to satisfy the Required Ratings (a “Ratings Event”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either
 
(i)  
assign this Transaction to an entity that satisfies (or whose credit support provider satisfies) the Required Ratings;
 
(ii)  
deliver collateral sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event, and an executed ISDA Credit Support Annex;
 
(iii)  
obtain a guaranty of an entity that satisfies the Required Rating to guaranty BSFP’s obligations under this Transaction; or
 
(iv)  
take any other action sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event;
 
provided that the failure by BSFP to take any action specified in (i)-(iv) above on or prior to the 30th calendar day after such Ratings Event shall constitute an Additional Termination Event under the ISDA Form Master Agreement with respect to which BSFP shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction.
 
(b) If BSFP fails to satisfy the Replacement Ratings (a “Replacement Event”), then BSFP shall, at its own expense and subject to the Rating Agency Condition, either:
 
(i)  
assign this Transaction to an entity that satisfies (or whose credit support provider satisfies) the Required Ratings;
 
(ii)  
obtain a guaranty of an entity that satisfies the Required Ratings to guaranty BSFP’s obligations under this Transaction; or
 
(iii)  
take any other action sufficient to restore the rating of the Certificates and any Notes immediately prior to such Ratings Event;
 
provided that the failure by BSFP to take any action specified in (i)-(iii) above on or prior to the 10th Local Business Days after such Replacement Event shall constitute an Additional Termination Event under the ISDA Form Master Agreement with respect to which BSFP shall be the sole Affected Party and this Transaction shall be the sole Affected Transaction.
 
As used herein,
 
DBRS” means Dominion Bond Rating Service, or any successor.
 
Moody’s” means Moody’s Investors Services, Inc.
 
Rating Agency” means, each of DBRS, S&P and Moody’s
 
“Rating Agency Condition” means with respect to any proposed act or omission to act hereunder, a condition that is satisfied if each Rating Agency then providing a rating of the Certificates and any Notes confirms in writing that the proposed action or inaction would not cause a downgrade or withdrawal of the then-current rating of any Certificates or Notes.
 
Replacement Ratings” means, with respect to any entity, the rating of the long-term senior unsecured and unsubordinated obligations of such entity is at least
 
“BBB-” by S&P or “A3” by Moody’s.
 
Required Ratings” means, with respect to any entity, the rating of the long-term senior unsecured and unsubordinated obligations of such entity is at least “AA-” by S&P and “Aa3” by Moody’s.
 
S&P” means Standard and Poor’s Ratings Services, Inc.

17) Compliance with Regulation AB.

(i) BSFP agrees and acknowledges that Citigroup Mortgage Loan Trust Inc. (“Depositor”) is required under Regulation AB under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (“Regulation AB”), to disclose certain financial information regarding BSFP or its group of affiliated entities, if applicable, depending on the aggregate “significance percentage” of this Agreement and any other derivative contracts between BSFP or its group of affiliated entities, if applicable, and Counterparty, as calculated from time to time in accordance with Item 1115 of Regulation AB.

(ii) It shall be a Cap disclosure event (“Cap Disclosure Event”) if, on any Business Day after the date hereof, Depositor or Sponsor requests from BSFP the applicable financial information described in Item 1115 of Regulation AB (such request to be based on a reasonable determination by Depositor or Trust Administrator, in good faith, that such information is required under Regulation AB) (the “Cap Financial Disclosure”).

(iii) Upon the occurrence of a Cap Disclosure Event, BSFP, at its own expense, shall (1) (a) either (i) provide to Depositor the current Cap Financial Disclosure in an EDGAR-compatible format (for example, such information may be provided in Microsoft Word® or Microsoft Excel® format but not in .pdf format) or (ii) provide written consent to Depositor  to incorporation by reference of such current Cap Financial Disclosure as are filed with the Securities and Exchange Commission in the reports of the Trust filed pursuant to the Exchange Act, (b) if applicable, cause its outside accounting firm to provide its consent to filing or incorporation by reference of such accounting firm’s report relating to their audits of such current Cap Financial Disclosure in the Exchange Act Reports of Depositor, and (c) provide to Depositor any updated Cap Financial Disclosure with respect to BSFP or any entity that consolidates BSFP within five days of the release of any such updated Cap Financial Disclosure; , (2) secure another entity to replace BSFP as party to this Agreement on terms substantially similar to this Agreement and subject to prior notification to the Rating Agencies, which entity (or a guarantor therefor) meets or exceeds the Approved Rating Thresholds and which satisfies the Rating Agency Condition and which entity is able to comply with the requirements of Item 1115 of Regulation AB or (3) obtain a guaranty of the BSFP’s obligations under this Agreement from an affiliate of the BSFP that is able to comply with the financial information disclosure requirements of Item 1115 of Regulation AB, such that disclosure provided in respect of the affiliate will satisfy any disclosure requirements applicable to the Cap Provider, and cause such affiliate to provide Cap Financial Disclosure. If permitted by Regulation AB, any required Cap Financial Disclosure may be provided by incorporation by reference from reports filed pursuant to the Exchange Act.

(iv) BSFP agrees that, in the event that BSFP provides Cap Financial Disclosure to the Depositor in accordance with clause (iii)(1) of paragraph 17 or causes its affiliate to provide Cap Financial Disclosure to the Depositor in accordance with clause (iii)(3) of paragraph 17, it will indemnify and hold harmless the Depositor, its respective directors or officers and any person controlling the Depositor, from and against any and all losses, claims, damages and liabilities caused by any untrue statement or alleged untrue statement of a material fact contained in such Cap Financial Disclosure or caused by any omission or alleged omission to state in such Cap Financial Disclosure a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading.

18) Third party Beneficiary.  Depositor shall be an express third party beneficiary of this Agreement as if a party hereto to the extent of Depositor’s rights explicitly specified herein.

19) Transfer, Amendment and Assignment. No transfer, amendment, waiver, supplement, assignment or other modification of this Transaction shall be permitted by either party unless each of S&P, DBRS and Moody’s has been provided notice of the same and each of S&P, DBRS and Moody’s confirms in writing (including by facsimile transmission) that it will not downgrade, qualify, withdraw or otherwise modify its then-current rating of any Certificates or Notes.


   
NEITHER THE BEAR STEARNS COMPANIES INC. NOR ANY SUBSIDIARY OR AFFILIATE OF THE BEAR STEARNS COMPANIES INC. OTHER THAN BSFP IS AN OBLIGOR OR A CREDIT SUPPORT PROVIDER ON THIS AGREEMENT.
 
 
5.       Account Details and
Settlement Information:                      Payments to BSFP:
   
Citibank, N.A., New York
ABA Number: 021-0000-89, for the account of
Bear, Stearns Securities Corp.
Account Number: 0925-3186, for further credit to
Bear Stearns Financial Products Inc.
Sub-account Number: 102-04654-1-3
Attention: Derivatives Department 
 
         
Payments to Counterparty:
Wells Fargo Bank, N.A.
San Francisco, California
ABA #121-000-248
Account #3970771416
Account Name: SAS Clearing
FFC #50962102 Basis Risk Cap Account
Attention: Client Services Manager - CMLTI 2006-FX1





SCHEDULE I
(all such dates subject to adjustment in accordance with the Business Day Convention)

 
From and
including
 
To but
excluding
Notional Amount
(USD)
Cap Rate
Effective Date
11/25/2006
388,352.00
8.602%
11/25/2006
12/25/2006
388,352.00
7.114%
12/25/2006
1/25/2007
388,352.00
6.879%
1/25/2007
2/25/2007
388,352.00
6.885%
2/25/2007
3/25/2007
388,352.00
7.663%
3/25/2007
4/25/2007
388,352.00
6.900%
4/25/2007
5/25/2007
388,352.00
7.149%
5/25/2007
6/25/2007
388,352.00
6.919%
6/25/2007
7/25/2007
388,352.00
7.171%
7/25/2007
8/25/2007
388,352.00
6.942%
8/25/2007
9/25/2007
388,352.00
6.953%
9/25/2007
10/25/2007
388,352.00
7.207%
10/25/2007
11/25/2007
388,352.00
6.977%
11/25/2007
12/25/2007
388,352.00
7.233%
12/25/2007
1/25/2008
388,352.00
7.003%
1/25/2008
2/25/2008
388,352.00
7.016%
2/25/2008
3/25/2008
388,352.00
7.535%
3/25/2008
4/25/2008
388,352.00
7.044%
4/25/2008
5/25/2008
388,352.00
7.303%
5/25/2008
6/25/2008
388,352.00
7.073%
6/25/2008
7/25/2008
388,352.00
7.334%
7/25/2008
8/25/2008
388,352.00
7.104%
8/25/2008
9/25/2008
388,352.00
7.120%
9/25/2008
10/25/2008
388,352.00
7.385%
10/25/2008
11/25/2008
388,352.00
7.154%
11/25/2008
12/25/2008
388,352.00
7.421%
12/25/2008
1/25/2009
388,352.00
7.190%
1/25/2009
2/25/2009
388,352.00
7.209%
2/25/2009
3/25/2009
388,352.00
8.035%
3/25/2009
4/25/2009
388,352.00
7.248%
4/25/2009
5/25/2009
388,352.00
7.522%
5/25/2009
6/25/2009
388,352.00
7.291%
6/25/2009
7/25/2009
388,352.00
7.567%
7/25/2009
8/25/2009
388,352.00
7.336%
8/25/2009
9/25/2009
388,352.00
7.360%
9/25/2009
10/25/2009
388,352.00
7.641%
10/25/2009
11/25/2009
388,352.00
7.410%
11/25/2009
12/25/2009
388,352.00
7.692%
12/25/2009
1/25/2010
388,352.00
7.458%
1/25/2010
2/25/2010
388,352.00
7.483%
2/25/2010
3/25/2010
388,352.00
8.346%
3/25/2010
4/25/2010
388,352.00
7.536%
4/25/2010
5/25/2010
388,352.00
7.826%
5/25/2010
6/25/2010
388,352.00
7.593%
6/25/2010
7/25/2010
388,352.00
7.887%
7/25/2010
8/25/2010
388,352.00
7.654%
8/25/2010
9/25/2010
388,352.00
7.686%
9/25/2010
10/25/2010
388,352.00
7.987%
10/25/2010
11/25/2010
388,352.00
7.755%
11/25/2010
12/25/2010
388,352.00
8.061%
12/25/2010
1/25/2011
383,316.92
7.829%
1/25/2011
2/25/2011
373,168.53
7.869%
2/25/2011
3/25/2011
363,131.47
8.790%
3/25/2011
4/25/2011
353,204.61
7.953%
4/25/2011
5/25/2011
343,386.79
8.275%
5/25/2011
6/25/2011
333,676.91
8.046%
6/25/2011
7/25/2011
324,073.86
8.375%
7/25/2011
8/25/2011
314,561.24
8.147%
8/25/2011
9/25/2011
305,124.11
8.202%
9/25/2011
10/25/2011
295,786.61
8.545%
10/25/2011
11/25/2011
286,552.39
8.320%
11/25/2011
12/25/2011
278,041.80
8.667%
12/25/2011
1/25/2012
269,623.81
8.438%
1/25/2012
2/25/2012
261,297.45
8.501%
2/25/2012
3/25/2012
253,061.76
9.180%
3/25/2012
4/25/2012
244,915.80
8.639%
4/25/2012
5/25/2012
236,858.61
9.919%
5/25/2012
6/25/2012
229,641.23
10.645%
6/25/2012
7/25/2012
223,311.35
11.098%
7/25/2012
8/25/2012
217,049.97
10.820%
8/25/2012
9/25/2012
210,856.36
10.913%
9/25/2012
10/25/2012
204,729.80
11.388%
10/25/2012
11/25/2012
198,669.59
11.114%
11/25/2012
12/25/2012
192,934.06
11.598%
12/25/2012
1/25/2013
187,258.50
11.319%
1/25/2013
2/25/2013
181,642.30
11.430%
2/25/2013
3/25/2013
176,084.85
12.816%
3/25/2013
4/25/2013
170,585.55
11.669%
4/25/2013
5/25/2013
165,143.79
12.202%
5/25/2013
6/25/2013
159,759.00
11.936%
6/25/2013
7/25/2013
154,430.58
12.493%
7/25/2013
8/25/2013
149,157.95
12.234%
8/25/2013
9/25/2013
143,940.55
12.397%
9/25/2013
10/25/2013
138,777.80
12.999%
10/25/2013
Termination Date
133,669.15
12.754%


 

 
 
 

 
EXHIBIT J

FORM OF REPORT PURSUANT TO SECTION 4.07
SECURITIES AND EXCHANGE COMMISSION
 
WASHINGTON, D.C. 20549
 
FORM 10-K
 
ANNUAL REPORT
 
Pursuant to Section 13 or 15(d) of the
SECURITIES EXCHANGE ACT OF 1934 (FEE REQUIRED)
 
FOR FISCAL YEAR ENDED ________________
 
COMMISSION FILE NUMBER: 333-_______
 
CITIGROUP MORTGAGE LOAN TRUST INC.
(as depositor under the Pooling and Servicing Agreement,
dated as of October 1, 2006, providing for the issuance of
ASSET-BACKED PASS-THROUGH CERTIFICATES, SERIES 2006-FX1)
 
Mortgage Asset Securitization Transactions, Inc.
 
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
 
     
Delaware
 
[__]              
(State or Other Jurisdiction
of Incorporation)
 
(I.R.S. Employer
Identification No.)
 
 
 
[_________________]
 
[___]
(Address of Principal Executive Offices)
(Zip Code)

 
Registrant's telephone number, including area code: [___]
 
Securities registered pursuant to Section 12(b) of the Act:
 
None
 
Securities registered pursuant to Section 12(g) of the Act:
 
None
 
Indicate whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
 
X YES      ___No
Item 1. Business:
 
Not applicable
 
Item 2. Properties:
 
Not applicable
 
Item 3. Legal Proceedings:
 
None
 
Item 4. Submission of Matters to a Vote of Security-Holders
 
None
 
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters
 
To the best knowledge of the registrant there is no established public trading market for the certificates.
 
There are approximately _____ holders of record as of the end of the reporting year.
 
Item 6. Selected Financial Data.
 
Not applicable.
 
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
 
Not applicable
 
Item 8. Financial Statements and Supplementary Data.
 
Not applicable.
 
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
 
None
 
Item 10.
 
Not applicable
 
Item 11. Executive Compensation
 
Not applicable
 
Item 12. Security Ownership of Certain Beneficial Owners and Management
 
Not applicable
 
Item 13. Certain Relationships and Related Transactions
 
Not applicable
 
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K
 
a)  The company filed on Form 8-K, separately for each distribution date, the distribution of funds related to the trust for each of the following distribution dates:
 
Distribution Date
Form 8-K Filing Date
_________________
________________
_________________
________________
_________________
________________
 
b)  99.1  Annual Report of Independent Public Accountants' as to o master servicing activities or servicing activities, as applicable
 
(a) Wells Fargo Bank, N.A., as Master Servicer
 
99.2  Annual Statement of Compliance with obligations under the Pooling and Servicing Agreement or servicing agreement, as applicable, of:
 
(a) Wells Fargo Bank, N.A., as Master Servicer
 
Such document (i) is not filed herewith since such document was not received by the Reporting Person at least three business days prior to the due date of this report; and (ii) will be included in an amendment to this report on Form 10-K/A to be filed within 30 days of the Reporting Person's receipt of such document.
 



SIGNATURES
 
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
Date: ___________
 
Citigroup Mortgage Loan Trust Inc., by Wells Fargo Bank, N.A., as Master Servicer for CMLTI Mortgage Loan Trust 2006-FX1, Asset-Backed Pass-Through Certificates
   
By:
 
Name:
 
Title:
 
Company:
 

 



EXHIBIT K

ADDITIONAL DISCLOSURE NOTIFICATION


**SEND VIA FAX TO [XXX-XXX-XXXX] AND VIA EMAIL TO [         ] AND VIA OVERNIGHT MAIL TO THE ADDRESS IMMEDIATELY BELOW**

Wells Fargo Bank, N.A., as Trust Administrator
Old Annapolis Road
Columbia, Maryland 21045
Attn: Corporate Trust Services- [DEAL NAME]—SEC REPORT PROCESSING

Citigroup Mortgage Loan Trust Inc.
390 Greenwich Street
New York, New York 10013

RE: **Additional Form [10-D][10-K][8-K] Disclosure** Required


Ladies and Gentlemen:
 
In accordance with Section [ ] of the Pooling and Servicing Agreement, dated as of October 1, 2006, among Citigroup Mortgage Loan Trust Inc. as Depositor, Wells Fargo Bank, N.A. as Master Servicer and Trust Administrator, Ameriquest Mortgage Company, Opteum Financial Services, LLC and Wells Fargo Bank, N.A. as Servicers and U.S. Bank National Association as Trustee, the undersigned, as [ ], hereby notifies you that certain events have come to our attention that [will] [may] need to be disclosed on Form [10-D][10-K][8-K].
 
Description of Additional Form [10-D][10-K][8-K] Disclosure:
 

 
List of any Attachments hereto to be included in the Additional Form [10-D][10-K][8-K] Disclosure:
 
 
 
Any inquiries related to this notification should be directed to [     ], phone number: [     ]; email address: [     ].
 
[NAME OF PARTY],
as [role]
   
By:
 
Name:
 
Title:
 

 



EXHIBIT L


ANNUAL STATEMENT OF COMPLIANCE

CITIGROUP MORTGAGE LOAN TRUST 2006-FX1,
 
ASSET-BACKED PASS-THROUGH CERTIFICATES
 
I, _____________________, hereby certify that I am a duly appointed __________________________ of [Wells Fargo Bank, N.A.][Ameriquest Mortgage Company][Opteum Financial Services, LLC] (the “Servicer”), and further certify as follows:
 
1. This certification is being made pursuant to the terms of the Pooling and Servicing Agreement, dated as of October 1, 2006 (the “Agreement”), among Citigroup Mortgage Loan Trust Inc., as depositor, Wells Fargo Bank, N.A. as the master servicer and the trust administrator, Wells Fargo Bank, N.A., Ameriquest Mortgage Company, Opteum Financial Services, LLC, the Servicers and U.S. Bank National Association, as trustee.
 
2. The undersigned officer of the Servicer hereby certifies that (i) a review of the activities of the Servicer during the preceding calendar year and of performance under the Agreement has been made under such officers’ supervision and (ii) to the best of such officers’ knowledge, based on such review, the Servicer has fulfilled all of its obligations under the Agreement in all material respects throughout such year.
 
Capitalized terms not otherwise defined herein have the meanings set forth in the Agreements.
 
Dated: _____________, 2006
 




IN WITNESS WHEREOF, the undersigned has executed this Certificate as of _____________.
 
By:
 
Name:
 
Title:
 

 
I, _________________________, a (an) __________________ of the Servicer, hereby certify that _________________ is a duly elected, qualified, and acting _______________________ of the Servicer and that the signature appearing above is his/her genuine signature.
 
IN WITNESS WHEREOF, the undersigned has executed this Certificate as of ______________.
 
By:
 
Name:
 



EXHIBIT M-1
 
FORM OF DELINQUENCY REPORT
 
Column/Header Name
Description
Decimal
Format Comment
SERVICER_LOAN_NBR
A unique number assigned to a loan by the Servicer. This may be different than the LOAN_NBR
 
 
LOAN_NBR
A unique identifier assigned to each loan by the originator.
 
 
CLIENT_NBR
Servicer Client Number
   
SERV_INVESTOR_NBR
Contains a unique number as assigned by an external servicer to identify a group of loans in their system.
 
 
BORROWER_FIRST_NAME
First Name of the Borrower.
   
BORROWER_LAST_NAME
Last name of the borrower.
   
PROP_ADDRESS
Street Name and Number of Property
 
 
PROP_STATE
The state where the property located.
 
 
PROP_ZIP
Zip code where the property is located.
 
 
BORR_NEXT_PAY_DUE_DATE
The date that the borrower's next payment is due to the servicer at the end of processing cycle, as reported by Servicer.
 
MM/DD/YYYY
LOAN_TYPE
Loan Type (i.e. FHA, VA, Conv)
 
 
BANKRUPTCY_FILED_DATE
The date a particular bankruptcy claim was filed.
 
MM/DD/YYYY
BANKRUPTCY_CHAPTER_CODE
The chapter under which the bankruptcy was filed.
 
 
BANKRUPTCY_CASE_NBR
The case number assigned by the court to the bankruptcy filing.
 
 
POST_PETITION_DUE_DATE
The payment due date once the bankruptcy has been approved by the courts
 
MM/DD/YYYY
BANKRUPTCY_DCHRG_DISM_DATE
The Date The Loan Is Removed From Bankruptcy. Either by Dismissal, Discharged and/or a Motion For Relief Was Granted.
 
MM/DD/YYYY
LOSS_MIT_APPR_DATE
The Date The Loss Mitigation Was Approved By The Servicer
 
MM/DD/YYYY
LOSS_MIT_TYPE
The Type Of Loss Mitigation Approved For A Loan Such As;
   
LOSS_MIT_EST_COMP_DATE
The Date The Loss Mitigation /Plan Is Scheduled To End/Close
 
MM/DD/YYYY
LOSS_MIT_ACT_COMP_DATE
The Date The Loss Mitigation Is Actually Completed
 
MM/DD/YYYY
FRCLSR_APPROVED_DATE
The date DA Admin sends a letter to the servicer with instructions to begin foreclosure proceedings.
 
MM/DD/YYYY
ATTORNEY_REFERRAL_DATE
Date File Was Referred To Attorney to Pursue Foreclosure
 
MM/DD/YYYY
FIRST_LEGAL_DATE
Notice of 1st legal filed by an Attorney in a Foreclosure Action
 
MM/DD/YYYY
FRCLSR_SALE_EXPECTED_DATE
The date by which a foreclosure sale is expected to occur.
 
MM/DD/YYYY
FRCLSR_SALE_DATE
The actual date of the foreclosure sale.
 
MM/DD/YYYY
FRCLSR_SALE_AMT
The amount a property sold for at the foreclosure sale.
2
No commas(,) or dollar signs ($)
EVICTION_START_DATE
The date the servicer initiates eviction of the borrower.
 
MM/DD/YYYY
EVICTION_COMPLETED_DATE
The date the court revokes legal possession of the property from the borrower.
 
MM/DD/YYYY
LIST_PRICE
The price at which an REO property is marketed.
2
No commas(,) or dollar signs ($)
LIST_DATE
The date an REO property is listed at a particular price.
 
MM/DD/YYYY
OFFER_AMT
The dollar value of an offer for an REO property.
2
No commas(,) or dollar signs ($)
OFFER_DATE_TIME
The date an offer is received by DA Admin or by the Servicer.
 
MM/DD/YYYY
REO_CLOSING_DATE
The date the REO sale of the property is scheduled to close.
 
MM/DD/YYYY
REO_ACTUAL_CLOSING_DATE
Actual Date Of REO Sale
 
MM/DD/YYYY
OCCUPANT_CODE
Classification of how the property is occupied.
 
 
PROP_CONDITION_CODE
A code that indicates the condition of the property.
 
 
PROP_INSPECTION_DATE
The date a property inspection is performed.
 
MM/DD/YYYY
APPRAISAL_DATE
The date the appraisal was done.
 
MM/DD/YYYY
CURR_PROP_VAL
 The current "as is" value of the property based on brokers price opinion or appraisal.
2
 
REPAIRED_PROP_VAL
The amount the property would be worth if repairs are completed pursuant to a broker's price opinion or appraisal.
2
 
If applicable:
 
 
 
DELINQ_STATUS_CODE
FNMA Code Describing Status of Loan
   
DELINQ_REASON_CODE
The circumstances which caused a borrower to stop paying on a loan. Code indicates the reason why the loan is in default for this cycle.
   
MI_CLAIM_FILED_DATE
Date Mortgage Insurance Claim Was Filed With Mortgage Insurance Company.
 
MM/DD/YYYY
MI_CLAIM_AMT
Amount of Mortgage Insurance Claim Filed
 
No commas(,) or dollar signs ($)
MI_CLAIM_PAID_DATE
Date Mortgage Insurance Company Disbursed Claim Payment
 
MM/DD/YYYY
MI_CLAIM_AMT_PAID
Amount Mortgage Insurance Company Paid On Claim
2
No commas(,) or dollar signs ($)
POOL_CLAIM_FILED_DATE
Date Claim Was Filed With Pool Insurance Company
 
MM/DD/YYYY
POOL_CLAIM_AMT
Amount of Claim Filed With Pool Insurance Company
2
No commas(,) or dollar signs ($)
POOL_CLAIM_PAID_DATE
Date Claim Was Settled and The Check Was Issued By The Pool Insurer
 
MM/DD/YYYY
POOL_CLAIM_AMT_PAID
Amount Paid On Claim By Pool Insurance Company
2
No commas(,) or dollar signs ($)
FHA_PART_A_CLAIM_FILED_DATE
 Date FHA Part A Claim Was Filed With HUD
 
MM/DD/YYYY
FHA_PART_A_CLAIM_AMT
 Amount of FHA Part A Claim Filed
2
No commas(,) or dollar signs ($)
FHA_PART_A_CLAIM_PAID_DATE
 Date HUD Disbursed Part A Claim Payment
 
MM/DD/YYYY
FHA_PART_A_CLAIM_PAID_AMT
 Amount HUD Paid on Part A Claim
2
No commas(,) or dollar signs ($)
FHA_PART_B_CLAIM_FILED_DATE
  Date FHA Part B Claim Was Filed With HUD
 
MM/DD/YYYY
FHA_PART_B_CLAIM_AMT
  Amount of FHA Part B Claim Filed
2
No commas(,) or dollar signs ($)
FHA_PART_B_CLAIM_PAID_DATE
   Date HUD Disbursed Part B Claim Payment
 
MM/DD/YYYY
FHA_PART_B_CLAIM_PAID_AMT
 Amount HUD Paid on Part B Claim
2
No commas(,) or dollar signs ($)
VA_CLAIM_FILED_DATE
 Date VA Claim Was Filed With the Veterans Admin
 
MM/DD/YYYY
VA_CLAIM_PAID_DATE
 Date Veterans Admin. Disbursed VA Claim Payment
 
MM/DD/YYYY
VA_CLAIM_PAID_AMT
 Amount Veterans Admin. Paid on VA Claim
2
No commas(,) or dollar signs ($)
 

Standard File Codes - Delinquency Reporting
 
The Loss Mit Type field should show the approved Loss Mitigation Code as follows:
 
·  ASUM-
Approved Assumption
·  BAP-
Borrower Assistance Program
·  CO-
Charge Off
·  DIL-
Deed-in-Lieu
·  FFA-
Formal Forbearance Agreement
·  MOD-
Loan Modification
·  PRE-
Pre-Sale
·  SS-
Short Sale
·  MISC-
Anything else approved by the PMI or Pool Insurer
 
NOTE: Wells Fargo Bank will accept alternative Loss Mitigation Types to those above, provided that they are consistent with industry standards. If Loss Mitigation Types other than those above are used, the Servicer must supply Wells Fargo Bank with a description of each of the Loss Mitigation Types prior to sending the file.
 
The Occupant Code field should show the current status of the property code as follows:
·  Mortgagor
·  Tenant
·  Unknown
·  Vacant

 
The Property Condition field should show the last reported condition of the property as follows:
·  Damaged
·  Excellent
·  Fair
·  Gone
·  Good
·  Poor
·  Special Hazard
·  Unknown



 

Standard File Codes - Delinquency Reporting, Continued
 
The FNMA Delinquent Reason Code field should show the Reason for Delinquency as follows:
 

Delinquency Code
Delinquency Description
001
FNMA-Death of principal mortgagor
002
FNMA-Illness of principal mortgagor
003
FNMA-Illness of mortgagor’s family member
004
FNMA-Death of mortgagor’s family member
005
FNMA-Marital difficulties
006
FNMA-Curtailment of income
007
FNMA-Excessive Obligation
008
FNMA-Abandonment of property
009
FNMA-Distant employee transfer
011
FNMA-Property problem
012
FNMA-Inability to sell property
013
FNMA-Inability to rent property
014
FNMA-Military Service
015
FNMA-Other
016
FNMA-Unemployment
017
FNMA-Business failure
019
FNMA-Casualty loss
022
FNMA-Energy environment costs
023
FNMA-Servicing problems
026
FNMA-Payment adjustment
027
FNMA-Payment dispute
029
FNMA-Transfer of ownership pending
030
FNMA-Fraud
031
FNMA-Unable to contact borrower
INC
FNMA-Incarceration





Standard File Codes - Delinquency Reporting, Continued

 
The FNMA Delinquent Status Code field should show the Status of Default as follows:
 

Status Code
Status Description
09
Forbearance
17
Pre-foreclosure Sale Closing Plan Accepted
24
Government Seizure
26
Refinance
27
Assumption
28
Modification
29
Charge-Off
30
Third Party Sale
31
Probate
32
Military Indulgence
43
Foreclosure Started
44
Deed-in-Lieu Started
49
Assignment Completed
61
Second Lien Considerations
62
Veteran’s Affairs-No Bid
63
Veteran’s Affairs-Refund
64
Veteran’s Affairs-Buydown
65
Chapter 7 Bankruptcy
66
Chapter 11 Bankruptcy
67
Chapter 13 Bankruptcy
 


 


 

EXHIBIT M-2
MONTHLY REMITTANCE ADVICE
 
Column Name
Description
Decimal
Format Comment
Max Size
SER_INVESTOR_NBR
A value assigned by the Servicer to define a group of loans.
 
Text up to 10 digits
20
LOAN_NBR
A unique identifier assigned to each loan by the investor.
 
Text up to 10 digits
10
SERVICER_LOAN_NBR
A unique number assigned to a loan by the Servicer. This may be different than the LOAN_NBR.
 
Text up to 10 digits
10
BORROWER_NAME
The borrower name as received in the file. It is not separated by first and last name.
 
Maximum length of 30 (Last, First)
30
SCHED_PAY_AMT
Scheduled monthly principal and scheduled interest payment that a borrower is expected to pay, P&I constant.
2
No commas(,) or dollar signs ($)
11
NOTE_INT_RATE
The loan interest rate as reported by the Servicer.
4
Max length of 6
6
NET_INT_RATE
The loan gross interest rate less the service fee rate as reported by the Servicer.
4
Max length of 6
6
SERV_FEE_RATE
The servicer's fee rate for a loan as reported by the Servicer.
4
Max length of 6
6
SERV_FEE_AMT
The servicer's fee amount for a loan as reported by the Servicer.
2
No commas(,) or dollar signs ($)
11
NEW_PAY_AMT
The new loan payment amount as reported by the Servicer.
2
No commas(,) or dollar signs ($)
11
NEW_LOAN_RATE
The new loan rate as reported by the Servicer.
4
Max length of 6
6
ARM_INDEX_RATE
The index the Servicer is using to calculate a forecasted rate.
4
Max length of 6
6
ACTL_BEG_PRIN_BAL
The borrower's actual principal balance at the beginning of the processing cycle.
2
No commas(,) or dollar signs ($)
11
ACTL_END_PRIN_BAL
The borrower's actual principal balance at the end of the processing cycle.
2
No commas(,) or dollar signs ($)
11
BORR_NEXT_PAY_DUE_DATE
The date at the end of processing cycle that the borrower's next payment is due to the Servicer, as reported by Servicer.
 
MM/DD/YYYY
10
SERV_CURT_AMT_1
The first curtailment amount to be applied.
2
No commas(,) or dollar signs ($)
11
SERV_CURT_DATE_1
The curtailment date associated with the first curtailment amount.
 
MM/DD/YYYY
10
CURT_ADJ_ AMT_1
The curtailment interest on the first curtailment amount, if applicable.
2
No commas(,) or dollar signs ($)
11
SERV_CURT_AMT_2
The second curtailment amount to be applied.
2
No commas(,) or dollar signs ($)
11
SERV_CURT_DATE_2
The curtailment date associated with the second curtailment amount.
 
MM/DD/YYYY
10
CURT_ADJ_ AMT_2
The curtailment interest on the second curtailment amount, if applicable.
2
No commas(,) or dollar signs ($)
11
SERV_CURT_AMT_3
The third curtailment amount to be applied.
2
No commas(,) or dollar signs ($)
11
SERV_CURT_DATE_3
The curtailment date associated with the third curtailment amount.
 
MM/DD/YYYY
10
CURT_ADJ_AMT_3
The curtailment interest on the third curtailment amount, if applicable.
2
No commas(,) or dollar signs ($)
11
PIF_AMT
The loan "paid in full" amount as reported by the Servicer.
2
No commas(,) or dollar signs ($)
11
PIF_DATE
The paid in full date as reported by the Servicer.
 
MM/DD/YYYY
10
 
 
 
Action Code Key: 15=Bankruptcy, 30=Foreclosure, , 60=PIF, 63=Substitution, 65=Repurchase,70=REO
2
ACTION_CODE
The standard FNMA numeric code used to indicate the default/delinquent status of a particular loan.
INT_ADJ_AMT
The amount of the interest adjustment as reported by the Servicer.
2
No commas(,) or dollar signs ($)
11
SOLDIER_SAILOR_ADJ_AMT
The Soldier and Sailor Adjustment amount, if applicable.
2
No commas(,) or dollar signs ($)
11
NON_ADV_LOAN_AMT
The Non Recoverable Loan Amount, if applicable.
2
No commas(,) or dollar signs ($)
11
LOAN_LOSS_AMT
The amount the Servicer is passing as a loss, if applicable.
2
No commas(,) or dollar signs ($)
11
SCHED_BEG_PRIN_BAL
The scheduled outstanding principal amount due at the beginning of the cycle date to be passed through to investors.
2
No commas(,) or dollar signs ($)
11
SCHED_END_PRIN_BAL
The scheduled principal balance due to investors at the end of a processing cycle.
2
No commas(,) or dollar signs ($)
11
SCHED_PRIN_AMT
The scheduled principal amount as reported by the Servicer for the current cycle -- only applicable for Scheduled/Scheduled Loans.
2
No commas(,) or dollar signs ($)
11
SCHED_NET_INT
The scheduled gross interest amount less the service fee amount for the current cycle as reported by the Servicer -- only applicable for Scheduled/Scheduled Loans.
2
No commas(,) or dollar signs ($)
11
ACTL_PRIN_AMT
The actual principal amount collected by the Servicer for the current reporting cycle -- only applicable for Actual/Actual Loans.
2
No commas(,) or dollar signs ($)
11
ACTL_NET_INT
The actual gross interest amount less the service fee amount for the current reporting cycle as reported by the Servicer -- only applicable for Actual/Actual Loans.
2
No commas(,) or dollar signs ($)
11
PREPAY_PENALTY_ AMT
The penalty amount received when a borrower prepays on his loan as reported by the Servicer.
2
No commas(,) or dollar signs ($)
11
PREPAY_PENALTY_ WAIVED
The prepayment penalty amount for the loan waived by the servicer.
2
No commas(,) or dollar signs ($)
11
 
 
 
 
 
MOD_DATE
The Effective Payment Date of the Modification for the loan.
 
MM/DD/YYYY
10
MOD_TYPE
The Modification Type.
 
Varchar - value can be alpha or numeric
30
DELINQ_P&I_ADVANCE_AMT
The current outstanding principal and interest advances made by Servicer.
2
No commas(,) or dollar signs ($)
11


 


 

EXHIBIT M-3
FORM OF REALIZED LOSS REPORT

Exhibit : Calculation of Realized Loss/Gain Form 332- Instruction Sheet
 
NOTE: Do not net or combine items. Show all expenses individually and all credits as separate line items. Claim packages are due on the remittance report date. Late submissions may result in claims not being passed until the following month. The Servicer is responsible to remit all funds pending loss approval and /or resolution of any disputed items.

 
The numbers on the 332 form correspond with the numbers listed below.
 
Liquidation and Acquisition Expenses:
 
1.
The Actual Unpaid Principal Balance of the Mortgage Loan. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest and servicing fees advanced is required.
   
2.
The Total Interest Due less the aggregate amount of servicing fee that would have been earned if all delinquent payments had been made as agreed. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest and servicing fees advanced is required.
   
3.
Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest and servicing fees advanced is required.
   
4-12.
Complete as applicable. Required documentation:
 
* For taxes and insurance advances - see page 2 of 332 form - breakdown required showing period of coverage, base tax, interest, penalty. Advances prior to default require evidence of servicer efforts to recover advances.
 
* For escrow advances - complete payment history  (to calculate advances from last positive escrow balance forward)
 
* Other expenses -  copies of corporate advance history showing all payments
 
* REO repairs > $1500 require explanation
 
* REO repairs >$3000 require evidence of at least 2 bids
 
* Short Sale or Charge Off require P&L supporting the decision and WFB’s approved Servicing Officer certification
 
* Unusual or extraordinary items may require further documentation.
 
13.  The total of lines 1 through 12.
 
1.  Credits:
 
14-21. Complete as applicable. Required documentation:
 
* Copy of the HUD 1 from the REO sale. If a 3rd Party Sale, bid instructions and Escrow Agent / Attorney Letter of Proceeds Breakdown.
 
* Copy of EOB for any MI or gov't guarantee
 
* All other credits need to be clearly defined on the 332 form            
 
 
 
22.
The total of lines 14 through 21.
 
Please Note: For HUD/VA loans, use line (18a) for Part A/Initial proceeds and line (18b) for Part B/Supplemental proceeds.
 
Total Realized Loss (or Amount of Any Gain)
 
23.          The total derived from subtracting line 22 from 13. If the amount represents a realized gain, show the amount in parenthesis ( ).



Exhibit 3A: Calculation of Realized Loss/Gain Form 332

 
Prepared by: __________________
Date: _______________
Phone: ______________________
Email Address:_____________________
 
 
Servicer Loan No.
 
Servicer Name
 
Servicer Address
 
 
WELLS FARGO BANK, N.A. Loan No._____________________________
 
Borrower's Name: _________________________________________________________
 
Property Address: _________________________________________________________
 
Liquidation Type: REO Sale   3rd Party Sale  Short Sale     Charge Off 
 
Was this loan granted a Bankruptcy deficiency or cramdown  Yes      No
 
If “Yes”, provide deficiency or cramdown amount _______________________________
 
Liquidation and Acquisition Expenses:
 
 
(1)
Actual Unpaid Principal Balance of Mortgage Loan
$ ______________
(1)
 
(2)
Interest accrued at Net Rate
________________
(2)
 
(3)
Accrued Servicing Fees
________________
(3)
 
(4)
Attorney's Fees
________________
(4)
 
(5)
Taxes
________________
(5)
 
(6)
Property Maintenance
________________
(6)
 
(7)
MI/Hazard Insurance Premiums
________________
(7)
 
(8)
Utility Expenses
________________
(8)
 
(9)
Appraisal/BPO
________________
(9)
 
(10)
Property Inspections
________________
(10)
 
(11)
FC Costs/Other Legal Expenses
________________
(11)
 
(12)
Other (itemize)
$________________
(12)
 
Cash for Keys__________________________
 
________________
 
 
HOA/Condo Fees_______________________
 
________________
 
 
______________________________________
 
________________
 
 
______________________________________
 
________________
 
 
Total Expenses
 
$ _______________
(13)
 
Credits:
 
 
 
 
(14)
Escrow Balance
$ _______________
(14)
 
(15)
HIP Refund
________________
(15)
 
(16)
Rental Receipts
________________
(16)
 
(17)
Hazard Loss Proceeds
________________
(17)
 
(18)
Primary Mortgage Insurance Proceeds
________________
(18)
     HUD Part A  ________________  (18a)
     HUD Part B
 ________________
 (18b)
 
(19)
Pool Insurance Proceeds
________________
(19)
 
(20)
Proceeds from Sale of Acquired Property
________________
(20)
 
(21)
Other (itemize)
________________
(21)
 
_________________________________________
 
_________________
 
 
_________________________________________
 
_________________
 
 
Total Credits
$________________
(22)
Total Realized Loss (or Amount of Gain)
$________________
(23)
 
 
 
 



Escrow Disbursement Detail


Type
(Tax /Ins.)
Date Paid
Period of Coverage
Total Paid
Base Amount
Penalties
Interest
 
 
           
 
 
           
 
 
           
 
 
           
 
 
           
 
 
           
 
 
           
 
 
           



 

SCHEDULE 1
 
MORTGAGE LOAN SCHEDULE
 
loanid                product            servicernm               lendernm               amorttype                 deal
-------------------------------------------------------------------------------------------------------------------------------
        98374671      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1310012807      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1304007618      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1310012684      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1325000258      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        97636476      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1323001742      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1309008902      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1328000223      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1326001175      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012342      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105115291      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012647      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1115103480      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012304      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1311005071      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8600013697      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123359      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012451      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105115219      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98392038      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98321755      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99479271      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98394075      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99479792      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97497192      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98103153      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97839393      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98182033      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151539681      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1707101305      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
       151869542      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98876196      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98394752      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99422990      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99034555      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98394950      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98288590      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1701123087      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701123130      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        98349277      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151247483      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97845234      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        85923779      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        98259831      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97474951      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98838311      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151406246      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1310012528      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1301002110      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012636      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701122953      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97878276      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012618      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012436      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1901025753      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1311004987      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105114884      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1707101357      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012971      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105115063      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        97214118      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97851034      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99038390      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99487399      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
      1701123306      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1115103457      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1105115086      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1707101130      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012441      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99636557      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99650798      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99680837      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99635997      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99646879      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99735755      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1701123475      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
       151664224      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151671625      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       150216067      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        97834113      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99488439      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1101003525      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1102001734      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1105115180      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        99480394      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151765823      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98886351      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99036634      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1115103373      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99561474      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99578593      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
       151691326      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99586356      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99608275      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99571838      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98713274      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97920474      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99308033      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98450711      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1105115199      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115213      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115241      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115284      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115415      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012055      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012187      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012632      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012294      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012445      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98224074      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99506792      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98511751      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151733706      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012790      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98301799      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97954911      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96976675      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97956155      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151631686      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
      8500012279      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97837116      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        99431272      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
       140847922      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98983190      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012793      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012646      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1105115068      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105115312      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012802      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        86081932      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98404197      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1105115188      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        98144876      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97953194      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
      8500012666      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012332      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1315003373      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1311004982      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1323001600      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1323001754      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1310012740      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98805237      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99021875      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99003279      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        98147150      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98149198      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        96496195      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97826036      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97827158      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98776719      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99252835      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98209752      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97882476      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98221799      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151505229      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012033      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012307      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012978      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        97563035      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97574875      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97579395      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012622      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012437      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012750      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012051      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1706102300      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701123470      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123405      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012803      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1310012601      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1310012697      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1309008828      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98711070      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98122799      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97597918      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        85913895      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99238230      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8600013771      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1706102249      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97908073      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98345432      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98350275      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        98790637      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99408155      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98856511      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98770795      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99245839      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        98995475      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97863195      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98427156      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1309008864      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1301002104      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012781      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99167470      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99173718      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98460512      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98235153      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97569354      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1705000804      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012435      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99661118      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99717514      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99789471      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1701123048      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123402      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98289234      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1105115062      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012631      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
       148761406      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99850752      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151465804      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97577795      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99599714      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
      8500012628      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97635114      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97844435      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97124630      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98580830      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        86148731      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97503874      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        95833836      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97555312      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98386717      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98204076      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99309395      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       149852626      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99240632      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012788      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012662      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012328      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        40622747      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        97399430      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151571908      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        85606770      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97293674      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97465918      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97617757      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98086630      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98087836      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97432314      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97624795      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97625230      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97445555      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96467196      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1105115458      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115466      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115548      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115550      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        98753437      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98810153      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        85886018      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        97400956      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96560677      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98945710      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98841273      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151480282      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97858112      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98424237      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1310012739      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1115103511      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1707100861      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012053      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012787      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99617193      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99672354      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99646150      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       150646446      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99721037      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99705238      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99853798      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1707101109      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
       151513264      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98516677      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97591119      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99614836      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97972236      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97912034      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97506836      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        97512479      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        85656577      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98249113      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97227037      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       149774481      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97362198      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151018728      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96954110      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        85805695      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98319437      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1105115588      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1105115604      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115622      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115634      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115652      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        96958319      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98290638      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99571994      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012625      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1707101094      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1105115676      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1111002590      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1112000707      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103465      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1115103516      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012656      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701122639      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012044      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        40622467      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        85709178      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1115103624      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1115103628      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103668      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1115103671      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103710      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        85702777      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97459754      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97459796      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98545833      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97293476      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1115103729      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103734      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        96679113      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012448      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1323001740      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        96981352      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97513915      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96933478      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97467955      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97620033      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96990916      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97743439      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97523070      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97691034      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97137111      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96462510      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97487276      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97487755      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       149224503      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97531750      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012982      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98197551      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       150469104      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98502115      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99451114      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97527436      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1124001291      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        40629629      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
      1301002085      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        85916815      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98536279      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        86124575      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98647639      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97307953      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98254311      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97495634      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1105115551      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1105115637      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115747      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115836      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        98572993      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98681356      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98576473      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
      1701122538      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012446      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1115103477      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1115103594      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103746      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103770      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1120100309      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        98718877      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97166995      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98480510      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99464075      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98863392      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1122000176      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1125100109      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1125100163      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1125100167      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1125100170      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        97418156      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98648751      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97681118      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97687511      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97479711      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1125100179      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1301002168      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        98470792      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       150896801      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98786155      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97347231      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96943030      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98311756      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97081756      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
       150962389      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012050      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123447      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1706102338      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1105115044      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98186398      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1105115416      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115464      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115473      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1105115574      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115647      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        98092596      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1901025643      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8600013747      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012660      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1125100071      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105115671      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115799      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1105115991      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115996      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1106000823      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123321      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012043      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        97877153      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        98948672      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98536238      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1115103191      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103552      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103605      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103617      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1120100306      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        99390312      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98570070      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       100052711      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012639      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98052954      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1301002142      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1301002163      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1304007637      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1304007756      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1308004546      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        98959877      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97721039      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98063951      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97931471      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        97933915      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1310012856      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1310012885      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1312004557      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1315003340      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1323001812      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        97253074      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151563442      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96865274      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        99598799      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99148876      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1323001825      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1323001832      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1323001853      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1326001198      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1326001218      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        97788632      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98812597      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       150712404      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       149127102      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        40620979      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
      1326001225      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123444      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123702      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123708      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123742      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        40610650      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40607401      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40597050      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        97945794      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012447      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701123748      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123784      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123855      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701123886      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124049      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012794      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123439      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123319      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012642      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701123282      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701124088      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124102      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124122      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        98785470      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98824675      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1105115173      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012792      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012791      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012640      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012442      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98467392      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012303      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123406      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1330000119      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1310012748      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012634      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012786      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99297392      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151898400      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151506763      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012661      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98187834      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99007437      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99399990      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99400111      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99195836      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98351356      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99265159      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1309008788      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1309008500      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98629439      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151728482      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98692395      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99070799      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97700595      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1310012798      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1304007674      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1101003571      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012449      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012980      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        40625808      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40630156      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40622730      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
      1315003175      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        86026895      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012327      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701123279      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8600013653      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012657      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012318      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        97469399      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98658552      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99392797      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        98577232      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012192      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012652      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012034      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012653      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1707101312      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012626      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1105115277      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97977755      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        96907951      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97725998      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96652912      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012783      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99240996      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1310012829      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1310012864      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1311004937      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
       149411506      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97938674      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97380356      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97781959      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99095630      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1311005021      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1312004583      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1313003772      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1316002038      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1326001193      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        97093470      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98814031      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99469876      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       150913085      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        95957353      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1326001207      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1326001231      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1326001246      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701122907      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123421      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
       150276004      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       150128148      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       148084841      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        40604446      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40627423      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
      1701123555      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123643      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123688      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123707      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123719      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        40601006      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40621825      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        97946438      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
      8500012065      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012651      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701123736      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123838      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123889      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123982      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124113      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701123620      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701123298      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012305      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012064      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012059      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1701124131      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124197      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701124265      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124273      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124310      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
        99299034      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98200637      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99189391      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1310012691      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701124337      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1705000809      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1706102354      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1706102393      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102490      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1309008865      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1309008916      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1326001125      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1309008855      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012800      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1706102542      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101361      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101374      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101404      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101458      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012038      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1706102251      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012753      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012797      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012798      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1707101549      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101692      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101773      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101814      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101867      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012036      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012438      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1105115097      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
       141021824      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98291917      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012694      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012758      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012764      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012771      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012772      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124124      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124139      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124143      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124404      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1706102343      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012806      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012823      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012851      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012892      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012895      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102418      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102479      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1706102497      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102519      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1707101285      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012904      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012906      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012907      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012909      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012914      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1707101373      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101555      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101636      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101781      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101788      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012918      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012931      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012933      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012936      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012939      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1707101804      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1901026675      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012761      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012776      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012847      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012940      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012946      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012954      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012966      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012986      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012916      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012920      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012928      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012932      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012935      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012996      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012998      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013005      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013008      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013011      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012957      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012959      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012960      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012967      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012997      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013014      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013021      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013029      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013037      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013047      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013125      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013127      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013130      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013131      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013136      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013001      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013009      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013015      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013018      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013026      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013138      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013141      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013150      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013152      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013158      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013054      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013059      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013126      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013132      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013134      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013169      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013224      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013225      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013231      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013252      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013140      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013147      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013151      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013160      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013164      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013269      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013274      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013281      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013296      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013299      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013166      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013171      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013181      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013189      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013190      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013303      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013309      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013546      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013624      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013630      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013198      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013202      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013232      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013236      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013259      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013640      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013647      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600012901      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014025      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600014228      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013263      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013270      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013277      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013292      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013301      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013312      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013541      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013635      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013639      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013644      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013649      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013651      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600013688      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600013791      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600013867      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600013922      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600013929      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600013967      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600014004      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014013      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        98422991      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98423676      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1312004483      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1101003523      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1301002146      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012340      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012282      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012620      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012782      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012277      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8600013857      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8600014519      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014525      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014608      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014663      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014792      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014096      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600014163      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014312      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600014345      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014668      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012777      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012778      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012616      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99692477      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        86189057      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012796      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99582595      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97504872      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        97914873      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97917157      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        98115439      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98117237      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98383599      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98057391      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99305674      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98459431      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99534919      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98462153      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        40598854      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
      8500012278      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        97769517      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99148918      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99469074      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98761992      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       145943866      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1706102317      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012309      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1707101129      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012665      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012334      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012329      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
       151741485      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98056872      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        40601373      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40616908      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
       150518686      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96247838      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        40583338      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40612656      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40620038      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        40620436      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        98296916      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
      8500012066      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012650      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012444      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012285      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        98433758      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98196553      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98438310      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151898806      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        98199839      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        99185076      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012617      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1308004605      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1901025748      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1310012713      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1309008892      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1311005107      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012045      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012655      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97703110      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012341      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1105115142      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1707101280      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012630      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        99032039      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98779317      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151758703      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151850625      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98467111      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012629      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8600013651      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012439      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012633      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012062      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012638      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1115103486      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012780      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012619      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8600013732      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8600013808      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1706102332      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98016595      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151534203      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151798584      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98301716      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98151954      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99165078      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
      1105002004      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115009      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115209      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1105115281      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1105115299      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
        97951073      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98001837      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97393516      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151620606      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8600013815      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012337      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      8500012664      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012754      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1326001099      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1310012379      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1901025911      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1310012736      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        99081119      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        98747710      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99139917      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98580319      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98820590      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99107435      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97775951      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99047714      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98454432      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98226756      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97893317      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151524600      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97597116      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012623      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012624      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
       151964889      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012785      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012627      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012054      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
      1707101025      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      1701122992      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
      8500012779      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        98889470      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99038275      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1125100092      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1301002087      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1301002107      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1304007686      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1304007721      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1309008918      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1309008926      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1309008991      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1309008995      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1310012789      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1311005001      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1311005127      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1323001912      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1326001249      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1327000332      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123292      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123528      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123543      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123556      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123559      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123677      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701123678      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123709      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701123793      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701123876      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701123909      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701123911      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124027      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124120      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701124142      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701124189      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1701124227      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124262      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1701124267      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102386      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102404      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102477      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102500      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102504      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1706102553      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101292      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1707101368      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101547      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101575      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101584      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1707101585      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101629      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1707101750      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1707101840      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1901026956      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012713      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012757      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012760      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012767      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012773      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012775      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012816      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012897      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500012900      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012901      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012908      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012915      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012917      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012919      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012924      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012926      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012945      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012948      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012953      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012956      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012958      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012963      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012968      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012991      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012999      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013019      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013020      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013027      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013039      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013123      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013135      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013142      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013148      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013153      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013154      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013155      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      8600014092      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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        97732630      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98069511      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97407514      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97673636      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97291835      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97736151      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97958912      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97421077      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        95894317      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97427876      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97520670      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97520951      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98666597      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97136832      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97965636      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97156350      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        96733191      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98041510      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97496715      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1105115567      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1115103603      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
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      1115103703      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      1115103761      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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        97500797      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        98928914      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
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      1313003797      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
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        98186679      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98432834      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        99007072      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98623119      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99401317      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97753313      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
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        97287551      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99441115      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98028756      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98784275      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99392318      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1313003792      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
        98807316      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
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        98063118      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97650436      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
       151569829      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97193478      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98391238      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97779474      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97376958      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98284870      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98128754      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
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        98811631      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
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       151757762      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
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        40616690      SUBPRIME           WELLS FARGO              MORTGAGEIT             P AND I                   MIT0023
        98979636      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       150839926      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      1701123097      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
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        98349038      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
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      1328000218      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
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        97780035      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99339194      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        97996953      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
      1701123275      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
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        99020679      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      8500012280      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
        97670392      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151797065      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
        86077732      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0010
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      1104001621      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
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        97206916      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151201167      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98012073      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012298      SUBPRIME           WELLS FARGO              OPTEUM                 P AND I                   OPE0001
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        98112030      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99106114      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98820871      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98772437      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       151862083      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98914633      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98921992      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        99172637      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
       150473163      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        98510233      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       148973407      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97037790      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
        97576599      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
       151527322      SUBPRIME           AMERIQUEST               AMERIQUEST             INTEREST ONLY             AMQ0007
        97596993      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0007
      8500012749      SUBPRIME           WELLS FARGO              OPTEUM                 INTEREST ONLY             OPE0001
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       151785920      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
        98327117      SUBPRIME           AMERIQUEST               AMERIQUEST             P AND I                   AMQ0010
      1304007771      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1326001186      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1701123347      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1701124063      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1706102330      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1706102474      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      1901026518      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      1901026622      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
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      8500012768      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012770      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
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      8500012955      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012964      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500012985      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
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      8500013016      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013024      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013025      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013028      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013031      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013033      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013041      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013121      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013124      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013137      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013139      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013144      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013145      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013149      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013187      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013209      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013214      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013230      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013239      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013247      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013253      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013268      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013280      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013284      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013285      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013542      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013545      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013548      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8500013615      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8500013633      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600013951      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014094      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014113      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014196      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014504      SUBPRIME           CENLAR                   OPTEUM                 P AND I                   OPE0002
      8600014596      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002
      8600014951      SUBPRIME           CENLAR                   OPTEUM                 INTEREST ONLY             OPE0002


loanid                group                            lien      secmtgcd         frstmtgbal        secmtgbal          modified
---------------------------------------------------------------------------------------------------------------------------------
        98374671      FIXED -30                           1      N                           0                  0
      1310012807      FIXED -30 IO                        1      Y                           0              35127
      1304007618      FIXED -30                           1      Y                           0              63150
      1310012684      FIXED -30 IO                        1      N                           0                  0
      1325000258      FIXED -30                           1      Y                           0              25000
        97636476      FIXED -30                           1      N                           0                  0
      1323001742      FIXED -30                           1      Y                           0              44592
      1309008902      FIXED -30 IO                        1      Y                           0           35480.49
      1328000223      FIXED BALLOON 40/30                 1      Y                           0           41200.28
      1326001175      FIXED -30 IO                        1      Y                           0           26084.13
      8500012342      FIXED -30                           1      Y                           0             111150
      1105115291      FIXED -30                           1      Y                           0           25000.27
      8500012647      FIXED -30                           1      N                           0                  0
      1115103480      FIXED -30                           1      Y                           0              27000
      8500012304      FIXED -30                           1      N                           0                  0
      1311005071      FIXED -30 IO                        1      Y                           0              31400
      8600013697      FIXED -30 IO                        1      N                           0                  0
      1701123359      FIXED -30 IO                        1      Y                           0           57950.71
      8500012451      FIXED -30                           1      N                           0                  0
      1105115219      FIXED -30 IO                        1      Y                           0              42600
        98392038      FIXED -30                           1      N                           0                  0
        98321755      FIXED -30 IO                        1      N                           0                  0
        99479271      FIXED -30                           1      N                           0                  0
        98394075      FIXED -30                           1      N                           0                  0
        99479792      FIXED -30                           1      N                           0                  0
        97497192      FIXED DUAL AM 40/20                 1      N                           0                  0
        98103153      FIXED DUAL AM 40/20                 1      N                           0                  0
        97839393      FIXED -30                           1      N                           0                  0
        98182033      FIXED -30                           1      N                           0                  0
       151539681      FIXED -30                           1      N                           0                  0
      1707101305      FIXED -30 IO                        1      N                           0                  0
       151869542      FIXED -30                           1      N                           0                  0
        98876196      FIXED -30                           1      N                           0                  0
        98394752      FIXED -30                           1      N                           0                  0
        99422990      FIXED -30                           1      N                           0                  0
        99034555      FIXED DUAL AM 40/20                 1      N                           0                  0
        98394950      FIXED -30                           1      N                           0                  0
        98288590      FIXED -30                           1      N                           0                  0
      1701123087      FIXED -30                           1      N                           0                  0
      1701123130      FIXED -30                           1      Y                           0             118000
        98349277      FIXED DUAL AM 40/20                 1      N                           0                  0
       151247483      FIXED -30                           1      N                           0                  0
        97845234      FIXED DUAL AM 40/20                 1      Y                           0              94000
        85923779      FIXED -30 IO                        1      N                           0                  0
        98259831      FIXED -15                           1      N                           0                  0
        97474951      FIXED -30                           1      N                           0                  0
        98838311      FIXED -30                           1      N                           0                  0
       151406246      FIXED -30                           1      N                           0                  0
      1310012528      FIXED -30 IO                        1      Y                           0           43804.67
      1301002110      FIXED -30 IO                        1      N                           0                  0
      8500012636      FIXED -30                           1      Y                           0           86367.75
      1701122953      FIXED -30 IO                        1      Y                           0              63000
        97878276      FIXED -30                           1      Y                           0              41000
      8500012618      FIXED -30 IO                        1      N                           0                  0
      8500012436      FIXED -30                           1      N                           0                  0
      1901025753      FIXED -15                           1      N                           0                  0
      1311004987      FIXED BALLOON 40/30                 1      N                           0                  0
      1105114884      FIXED BALLOON 40/30                 1      Y                           0              34800
      1707101357      FIXED -30 IO                        1      Y                           0              39000
      8500012971      FIXED BALLOON 40/30                 1      Y                           0              31400
      1105115063      FIXED -30                           1      Y                           0              55800
        97214118      FIXED -30                           1      N                           0                  0
        97851034      FIXED -30                           1      Y                           0              85800
        99038390      FIXED -30                           1      N                           0                  0
        99487399      FIXED -30 IO                        1      N                           0                  0
      1701123306      FIXED -30 IO                        1      N                           0                  0
      1115103457      FIXED -30 IO                        1      Y                           0              55000
      1105115086      FIXED -30 IO                        1      N                           0                  0
      1707101130      FIXED BALLOON 40/30                 1      Y                           0              92000
      8500012441      FIXED -30 IO                        1      Y                           0          133000.72
        99636557      FIXED -30                           1      N                           0                  0
        99650798      FIXED -30                           1      Y                           0              46079
        99680837      FIXED DUAL AM 40/20                 1      N                           0                  0
        99635997      FIXED -30                           1      N                           0                  0
        99646879      FIXED -30                           1      Y                           0              45163
        99735755      FIXED -30                           1      N                           0                  0
      1701123475      FIXED -30 IO                        1      Y                           0             195000
       151664224      FIXED -30                           1      N                           0                  0
       151671625      FIXED -25                           1      N                           0                  0
       150216067      FIXED -30 IO                        1      N                           0                  0
        97834113      FIXED DUAL AM 40/20                 1      N                           0                  0
        99488439      FIXED -30                           1      N                           0                  0
      1101003525      FIXED -30 IO                        1      Y                           0             299992
      1102001734      FIXED -30 IO                        1      N                           0                  0
      1105115180      FIXED -30 IO                        1      N                           0                  0
        99480394      FIXED -30                           1      N                           0                  0
       151765823      FIXED -30                           1      N                           0                  0
        98886351      FIXED -30                           1      N                           0                  0
        99036634      FIXED -30                           1      N                           0                  0
      1115103373      FIXED -30 IO                        1      Y                           0              94900
        99561474      FIXED -30                           1      N                           0                  0
        99578593      FIXED -30 IO                        1      Y                           0              23000
       151691326      FIXED -30                           1      N                           0                  0
        99586356      FIXED -30                           1      N                           0                  0
        99608275      FIXED -30 IO                        1      N                           0                  0
        99571838      FIXED -30                           1      N                           0                  0
        98713274      FIXED -30                           1      N                           0                  0
        97920474      FIXED -30                           1      N                           0                  0
        99308033      FIXED -30                           1      N                           0                  0
        98450711      FIXED DUAL AM 40/20                 1      N                           0                  0
      1105115199      FIXED BALLOON 40/30                 1      Y                           0              94500
      1105115213      FIXED BALLOON 40/30                 1      Y                           0              50000
      1105115241      FIXED -30                           1      N                           0                  0
      1105115284      FIXED -30                           1      N                           0                  0
      1105115415      FIXED BALLOON 40/30                 1      N                           0                  0
      8500012055      FIXED -30 IO                        1      Y                           0            92000.5
      8500012187      FIXED -15                           1      Y                           0              30800
      8500012632      FIXED -30                           1      N                           0                  0
      8500012294      FIXED -30                           1      Y                           0             199996
      8500012445      FIXED -30 IO                        1      Y                           0              82400
        98224074      FIXED -30                           1      N                           0                  0
        99506792      FIXED -30                           1      N                           0                  0
        98511751      FIXED -30                           1      N                           0                  0
       151733706      FIXED -30                           1      N                           0                  0
      8500012790      FIXED -30 IO                        1      Y                           0              71664
        98301799      FIXED -30                           1      N                           0                  0
        97954911      FIXED -30                           1      N                           0                  0
        96976675      FIXED -30                           1      N                           0                  0
        97956155      FIXED -30                           1      N                           0                  0
       151631686      FIXED -30 IO                        1      N                           0                  0
      8500012279      FIXED -30 IO                        1      Y                           0           57999.25
        97837116      FIXED -30 IO                        1      N                           0                  0
        99431272      FIXED -30 IO                        1      N                           0                  0
       140847922      FIXED -30                           1      N                           0                  0
        98983190      FIXED -20                           1      N                           0                  0
      8500012793      FIXED -30                           1      Y                           0              34140
      8500012646      FIXED -30 IO                        1      N                           0                  0
      1105115068      FIXED -30                           1      N                           0                  0
      1105115312      FIXED BALLOON 40/30                 1      Y                           0              50600
      8500012802      FIXED -30                           1      Y                           0           47475.31
        86081932      FIXED -30                           1      N                           0                  0
        98404197      FIXED -30                           1      N                           0                  0
      1105115188      FIXED -30                           1      Y                           0              25000
        98144876      FIXED -30                           1      N                           0                  0
        97953194      FIXED -30 IO                        1      N                           0                  0
      8500012666      FIXED -30 IO                        1      Y                           0              40000
      8500012332      FIXED -20                           1      N                           0                  0
      1315003373      FIXED -30                           1      N                           0                  0
      1311004982      FIXED BALLOON 40/30                 1      Y                           0              27000
      1323001600      FIXED -30                           1      Y                           0              25000
      1323001754      FIXED -30 IO                        1      Y                           0            49980.5
      1310012740      FIXED -30 IO                        1      Y                           0              55350
        98805237      FIXED -30                           1      N                           0                  0
        99021875      FIXED DUAL AM 40/20                 1      N                           0                  0
        99003279      FIXED -30 IO                        1      Y                           0              70000
        98147150      FIXED -30                           1      N                           0                  0
        98149198      FIXED -30 IO                        1      N                           0                  0
        96496195      FIXED DUAL AM 40/20                 1      N                           0                  0
        97826036      FIXED -30                           1      N                           0                  0
        97827158      FIXED DUAL AM 40/20                 1      N                           0                  0
        98776719      FIXED -30 IO                        1      N                           0                  0
        99252835      FIXED -30                           1      N                           0                  0
        98209752      FIXED DUAL AM 40/20                 1      N                           0                  0
        97882476      FIXED DUAL AM 40/20                 1      N                           0                  0
        98221799      FIXED DUAL AM 40/20                 1      N                           0                  0
       151505229      FIXED -30                           1      N                           0                  0
      8500012033      FIXED -30 IO                        1      N                           0                  0
      8500012307      FIXED -15                           1      N                           0                  0
      8500012978      FIXED -30                           1      N                           0                  0
        97563035      FIXED -30                           1      N                           0                  0
        97574875      FIXED -30                           1      N                           0                  0
        97579395      FIXED -30                           1      N                           0                  0
      8500012622      FIXED -30                           1      N                           0                  0
      8500012437      FIXED -30 IO                        1      N                           0                  0
      8500012750      FIXED -30 IO                        1      N                           0                  0
      8500012051      FIXED -30 IO                        1      N                           0                  0
      1706102300      FIXED BALLOON 40/30                 1      Y                           0              50800
      1701123470      FIXED -30 IO                        1      Y                           0             109000
      1701123405      FIXED -30 IO                        1      N                           0                  0
      8500012803      FIXED -30 IO                        1      Y                           0              26350
      1310012601      FIXED -30 IO                        1      Y                           0            33499.9
      1310012697      FIXED -30 IO                        1      Y                           0              83000
      1309008828      FIXED -30 IO                        1      Y                           0           42467.75
        98711070      FIXED -30                           1      N                           0                  0
        98122799      FIXED -30                           1      N                           0                  0
        97597918      FIXED -30                           1      N                           0                  0
        85913895      FIXED -30                           1      N                           0                  0
        99238230      FIXED -30                           1      N                           0                  0
      8600013771      FIXED BALLOON 40/30                 1      N                           0                  0
      1706102249      FIXED -30 IO                        1      Y                           0             169600
        97908073      FIXED DUAL AM 40/20                 1      N                           0                  0
        98345432      FIXED DUAL AM 40/20                 1      N                           0                  0
        98350275      FIXED -30 IO                        1      N                           0                  0
        98790637      FIXED -30 IO                        1      N                           0                  0
        99408155      FIXED -30                           1      Y                           0              93380
        98856511      FIXED -30                           1      N                           0                  0
        98770795      FIXED DUAL AM 40/20                 1      N                           0                  0
        99245839      FIXED -30 IO                        1      N                           0                  0
        98995475      FIXED -30                           1      N                           0                  0
        97863195      FIXED DUAL AM 40/20                 1      Y                           0              75600
        98427156      FIXED -30                           1      Y                           0             120000
      1309008864      FIXED -30                           1      N                           0                  0
      1301002104      FIXED -15                           1      N                           0                  0
      8500012781      FIXED -30 IO                        1      Y                           0              60100
        99167470      FIXED -30 IO                        1      Y                           0             164300
        99173718      FIXED DUAL AM 40/20                 1      N                           0                  0
        98460512      FIXED -30                           1      N                           0                  0
        98235153      FIXED DUAL AM 40/20                 1      Y                           0              49600
        97569354      FIXED DUAL AM 40/20                 1      N                           0                  0
      1705000804      FIXED -30 IO                        1      N                           0                  0
      8500012435      FIXED -30 IO                        1      N                           0                  0
        99661118      FIXED -30                           1      N                           0                  0
        99717514      FIXED DUAL AM 40/20                 1      N                           0                  0
        99789471      FIXED DUAL AM 40/20                 1      Y                           0              74000
      1701123048      FIXED -30 IO                        1      Y                           0             150750
      1701123402      FIXED -30 IO                        1      N                           0                  0
        98289234      FIXED -30                           1      N                           0                  0
      1105115062      FIXED -30                           1      Y                           0            28506.5
      8500012631      FIXED -30                           1      Y                           0              93986
       148761406      FIXED -20                           1      N                           0                  0
        99850752      FIXED -30                           1      N                           0                  0
       151465804      FIXED -30                           1      N                           0                  0
        97577795      FIXED -30 IO                        1      N                           0                  0
        99599714      FIXED -30 IO                        1      N                           0                  0
      8500012628      FIXED -30 IO                        1      Y                           0           44400.24
        97635114      FIXED -30                           1      N                           0                  0
        97844435      FIXED -30                           1      Y                           0              70000
        97124630      FIXED -30                           1      N                           0                  0
        98580830      FIXED -30                           1      N                           0                  0
        86148731      FIXED DUAL AM 40/20                 1      N                           0                  0
        97503874      FIXED -30                           1      N                           0                  0
        95833836      FIXED DUAL AM 40/20                 1      N                           0                  0
        97555312      FIXED -30                           1      Y                           0              45000
        98386717      FIXED -30                           1      N                           0                  0
        98204076      FIXED DUAL AM 40/20                 1      N                           0                  0
        99309395      FIXED DUAL AM 40/20                 1      Y                           0             126000
       149852626      FIXED -30                           1      N                           0                  0
        99240632      FIXED -30                           1      N                           0                  0
      8500012788      FIXED -30 IO                        1      Y                           0              50000
      8500012662      FIXED -30                           1      N                           0                  0
      8500012328      FIXED -30                           1      Y                           0              52800
        40622747      FIXED -30                           1      N                           0                  0
        97399430      FIXED -30                           1      N                           0                  0
       151571908      FIXED -30                           1      N                           0                  0
        85606770      FIXED -30                           1      Y                           0              27200
        97293674      FIXED DUAL AM 40/20                 1      N                           0                  0
        97465918      FIXED -30                           1      N                           0                  0
        97617757      FIXED -30                           1      Y                           0              56000
        98086630      FIXED -30                           1      N                           0                  0
        98087836      FIXED DUAL AM 40/20                 1      N                           0                  0
        97432314      FIXED -30                           1      N                           0                  0
        97624795      FIXED -30                           1      N                           0                  0
        97625230      FIXED DUAL AM 40/20                 1      N                           0                  0
        97445555      FIXED -30                           1      N                           0                  0
        96467196      FIXED DUAL AM 40/20                 1      N                           0                  0
      1105115458      FIXED -30                           1      N                           0                  0
      1105115466      FIXED -30                           1      N                           0                  0
      1105115548      FIXED -30                           1      Y                           0              62400
      1105115550      FIXED -30                           1      N                           0                  0
        98753437      FIXED DUAL AM 40/20                 1      N                           0                  0
        98810153      FIXED -30                           1      Y                           0              59000
        85886018      FIXED -30 IO                        1      Y                           0              54000
        97400956      FIXED -30                           1      N                           0                  0
        96560677      FIXED -30                           1      N                           0                  0
        98945710      FIXED DUAL AM 40/20                 1      N                           0                  0
        98841273      FIXED -30                           1      N                           0                  0
       151480282      FIXED -15                           1      N                           0                  0
        97858112      FIXED -30                           1      N                           0                  0
        98424237      FIXED DUAL AM 40/20                 1      N                           0                  0
      1310012739      FIXED -30 IO                        1      N                           0                  0
      1115103511      FIXED -30                           1      Y                           0              25000
      1707100861      FIXED -30 IO                        1      N                           0                  0
      8500012053      FIXED -30                           1      N                           0                  0
      8500012787      FIXED -30 IO                        1      Y                           0              50000
        99617193      FIXED -30                           1      N                           0                  0
        99672354      FIXED -30                           1      Y                           0              73000
        99646150      FIXED -30                           1      N                           0                  0
       150646446      FIXED -15                           1      N                           0                  0
        99721037      FIXED -30 IO                        1      N                           0                  0
        99705238      FIXED -30                           1      N                           0                  0
        99853798      FIXED -30                           1      N                           0                  0
      1707101109      FIXED -30 IO                        1      Y                           0          183246.03
       151513264      FIXED -20                           1      N                           0                  0
        98516677      FIXED DUAL AM 40/20                 1      N                           0                  0
        97591119      FIXED -30 IO                        1      Y                           0             183980
        99614836      FIXED -30                           1      N                           0                  0
        97972236      FIXED -30                           1      N                           0                  0
        97912034      FIXED -30                           1      N                           0                  0
        97506836      FIXED -30 IO                        1      N                           0                  0
        97512479      FIXED -30                           1      Y                           0              27030
        85656577      FIXED -30                           1      N                           0                  0
        98249113      FIXED DUAL AM 40/20                 1      N                           0                  0
        97227037      FIXED -30                           1      N                           0                  0
       149774481      FIXED -30                           1      N                           0                  0
        97362198      FIXED -30                           1      N                           0                  0
       151018728      FIXED -30                           1      N                           0                  0
        96954110      FIXED -30                           1      N                           0                  0
        85805695      FIXED DUAL AM 40/20                 1      Y                           0              93600
        98319437      FIXED -30                           1      N                           0                  0
      1105115588      FIXED -30 IO                        1      Y                           0              90000
      1105115604      FIXED -30                           1      Y                           0           25000.32
      1105115622      FIXED BALLOON 40/30                 1      N                           0                  0
      1105115634      FIXED BALLOON 40/30                 1      N                           0                  0
      1105115652      FIXED -30 IO                        1      Y                           0             134000
        96958319      FIXED -30                           1      N                           0                  0
        98290638      FIXED -30                           1      N                           0                  0
        99571994      FIXED -30                           1      Y                           0             100000
      8500012625      FIXED -30                           1      Y                           0              47900
      1707101094      FIXED -30 IO                        1      Y                           0           67149.28
      1105115676      FIXED -30                           1      Y                           0              68000
      1111002590      FIXED -30                           1      N                           0                  0
      1112000707      FIXED -30 IO                        1      N                           0                  0
      1115103465      FIXED -30                           1      N                           0                  0
      1115103516      FIXED -30 IO                        1      Y                           0          146165.57
      8500012656      FIXED -30 IO                        1      Y                           0              20600
      1701122639      FIXED -30 IO                        1      Y                           0          244998.76
      8500012044      FIXED -15                           1      N                           0                  0
        40622467      FIXED -30                           1      N                           0                  0
        85709178      FIXED -30                           1      N                           0                  0
      1115103624      FIXED BALLOON 40/30                 1      N                           0                  0
      1115103628      FIXED -30 IO                        1      N                           0                  0
      1115103668      FIXED -30                           1      Y                           0           25218.75
      1115103671      FIXED -30 IO                        1      Y                           0              53400
      1115103710      FIXED BALLOON 40/30                 1      Y                           0              56000
        85702777      FIXED DUAL AM 40/20                 1      N                           0                  0
        97459754      FIXED -30                           1      N                           0                  0
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        98545833      FIXED -30                           1      N                           0                  0
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        97620033      FIXED -30                           1      N                           0                  0
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        96462510      FIXED -30                           1      N                           0                  0
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       149224503      FIXED -30                           1      N                           0                  0
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        98863392      FIXED -30                           1      N                           0                  0
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      1125100163      FIXED -30                           1      N                           0                  0
      1125100167      FIXED -30                           1      Y                           0           25000.49
      1125100170      FIXED -30                           1      Y                           0              61000
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       150962389      FIXED -30                           1      N                           0                  0
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      1105115574      FIXED -30                           1      Y                           0              30000
      1105115647      FIXED -30                           1      N                           0                  0
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      1115103617      FIXED -30                           1      N                           0                  0
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        99390312      FIXED -30                           1      N                           0                  0
        98570070      FIXED -30                           1      Y                           0              28700
       100052711      FIXED -30                           1      Y                           0              28800
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        97933915      FIXED -30                           1      N                           0                  0
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      1310012885      FIXED -30                           1      N                           0                  0
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        97253074      FIXED -30                           1      Y                           0              33600
       151563442      FIXED -30                           1      N                           0                  0
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      1323001832      FIXED -30                           1      Y                           0           25000.25
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        97788632      FIXED -30                           1      N                           0                  0
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       150712404      FIXED -30                           1      N                           0                  0
       149127102      FIXED -30                           1      N                           0                  0
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        40607401      FIXED -30                           1      N                           0                  0
        40597050      FIXED -30                           1      Y                           0              39600
        97945794      FIXED -30                           1      N                           0                  0
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      1701124122      FIXED -30                           1      N                           0                  0
        98785470      FIXED -30                           1      N                           0                  0
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        98467392      FIXED -30                           1      N                           0                  0
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       151898400      FIXED -30                           1      N                           0                  0
       151506763      FIXED -30                           1      Y                           0              29000
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        99007437      FIXED -30                           1      N                           0                  0
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        98629439      FIXED -30                           1      N                           0                  0
       151728482      FIXED -30                           1      N                           0                  0
        98692395      FIXED -30                           1      N                           0                  0
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      1304007674      FIXED -30                           1      N                           0                  0
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      8500012980      FIXED -30                           1      Y                           0          100000.95
        40625808      FIXED -30                           1      N                           0                  0
        40630156      FIXED -30                           1      N                           0                  0
        40622730      FIXED -30                           1      N                           0                  0
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        86026895      FIXED -30                           1      N                           0                  0
      8500012327      FIXED -30                           1      N                           0                  0
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      8500012657      FIXED -30                           1      Y                           0           75000.27
      8500012318      FIXED -30                           1      Y                           0              68000
        97469399      FIXED -30                           1      Y                           0              40000
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        98577232      FIXED -30                           1      N                           0                  0
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      8500012034      FIXED -30                           1      Y                           0          134800.16
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        97977755      FIXED -30                           1      N                           0                  0
        96907951      FIXED -30                           1      N                           0                  0
        97725998      FIXED -30                           1      N                           0                  0
        96652912      FIXED -30                           1      Y                           0             125000
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        99240996      FIXED -30                           1      N                           0                  0
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       149411506      FIXED -30                           1      N                           0                  0
        97938674      FIXED -30                           1      N                           0                  0
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        97781959      FIXED -30                           1      N                           0                  0
        99095630      FIXED -20                           1      N                           0                  0
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      1313003772      FIXED -30                           1      Y                           0           24999.17
      1316002038      FIXED -30                           1      N                           0                  0
      1326001193      FIXED -30                           1      Y                           0              50000
        97093470      FIXED -30                           1      N                           0                  0
        98814031      FIXED -30                           1      Y                           0               5800
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       150913085      FIXED -30                           1      N                           0                  0
        95957353      FIXED -30                           1      N                           0                  0
      1326001207      FIXED -30                           1      Y                           0           24999.92
      1326001231      FIXED -30                           1      N                           0                  0
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      1701123421      FIXED BALLOON 40/30                 1      Y                           0              63400
       150276004      FIXED -30                           1      N                           0                  0
       150128148      FIXED -30                           1      N                           0                  0
       148084841      FIXED -30                           1      N                           0                  0
        40604446      FIXED -30                           1      N                           0                  0
        40627423      FIXED -30                           1      N                           0                  0
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      1701123719      FIXED BALLOON 40/30                 1      Y                           0              70000
        40601006      FIXED -30                           1      N                           0                  0
        40621825      FIXED -30                           1      Y                           0              71500
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      8500012065      FIXED -30                           1      N                           0                  0
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      1701123982      FIXED -30 IO                        1      Y                           0              54500
      1701124113      FIXED -30                           1      N                           0                  0
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      1701123298      FIXED BALLOON 40/30                 1      Y                           0              68000
      8500012305      FIXED -30                           1      N                           0                  0
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      8500012059      FIXED -30                           1      N                           0                  0
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      1701124310      FIXED -30 IO                        1      Y                           0              68000
        99299034      FIXED -30                           1      N                           0                  0
        98200637      FIXED -30                           1      N                           0                  0
        99189391      FIXED -30                           1      Y                           0              72000
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      1705000809      FIXED -30                           1      Y                           0           53503.95
      1706102354      FIXED -30                           1      N                           0                  0
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      1706102490      FIXED -30 IO                        1      Y                           0              66000
      1309008865      FIXED -30 IO                        1      Y                           0              31929
      1309008916      FIXED -30 IO                        1      Y                           0              38628
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      1309008855      FIXED -30 IO                        1      Y                           0              33600
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      1706102542      FIXED -30 IO                        1      Y                           0             183800
      1707101361      FIXED -30 IO                        1      Y                           0             100000
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      8500012038      FIXED -30                           1      N                           0                  0
      1706102251      FIXED BALLOON 40/30                 1      Y                           0              17400
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      8500012797      FIXED -30 IO                        1      Y                           0              86900
      8500012798      FIXED -30 IO                        1      Y                           0           44049.19
      1707101549      FIXED -30 IO                        1      Y                           0              95000
      1707101692      FIXED -30 IO                        1      Y                           0          106002.06
      1707101773      FIXED -30 IO                        1      Y                           0              95000
      1707101814      FIXED -30 IO                        1      Y                           0              61800
      1707101867      FIXED -30 IO                        1      Y                           0           84251.67
      8500012036      FIXED -30                           1      N                           0                  0
      8500012438      FIXED -30 IO                        1      Y                           0              41250
      1105115097      FIXED -30 IO                        1      N                           0                  0
       141021824      FIXED -30                           1      N                           0                  0
        98291917      FIXED -30                           1      N                           0                  0
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      8500012758      FIXED -30                           1      N                           0                  0
      8500012764      FIXED -30 IO                        1      Y                           0              87500
      8500012771      FIXED -30                           1      N                           0                  0
      8500012772      FIXED -30 IO                        1      N                           0                  0
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      1701124139      FIXED -30 IO                        1      N                           0                  0
      1701124143      FIXED -30 IO                        1      N                           0                  0
      1701124404      FIXED -30                           1      N                           0                  0
      1706102343      FIXED -30 IO                        1      N                           0                  0
      8500012806      FIXED -30 IO                        1      N                           0                  0
      8500012823      FIXED -30 IO                        1      N                           0                  0
      8500012851      FIXED -30                           1      Y                           0           55599.13
      8500012892      FIXED -30                           1      N                           0                  0
      8500012895      FIXED -30 IO                        1      N                           0                  0
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      1706102479      FIXED BALLOON 40/30                 1      Y                           0             135000
      1706102497      FIXED -30 IO                        1      Y                           0             216000
      1706102519      FIXED BALLOON 40/30                 1      Y                           0           37000.42
      1707101285      FIXED -30 IO                        1      N                           0                  0
      8500012904      FIXED -30                           1      N                           0                  0
      8500012906      FIXED -30                           1      N                           0                  0
      8500012907      FIXED -30                           1      N                           0                  0
      8500012909      FIXED -30                           1      N                           0                  0
      8500012914      FIXED -30                           1      N                           0                  0
      1707101373      FIXED -30 IO                        1      N                           0                  0
      1707101555      FIXED -30 IO                        1      Y                           0             111000
      1707101636      FIXED -30 IO                        1      N                           0                  0
      1707101781      FIXED -30 IO                        1      Y                           0              89999
      1707101788      FIXED -30 IO                        1      Y                           0              78750
      8500012918      FIXED -30                           1      N                           0                  0
      8500012931      FIXED -30                           1      N                           0                  0
      8500012933      FIXED -15                           1      N                           0                  0
      8500012936      FIXED -15                           1      N                           0                  0
      8500012939      FIXED -30                           1      N                           0                  0
      1707101804      FIXED BALLOON 40/30                 1      N                           0                  0
      1901026675      FIXED -30                           1      N                           0                  0
      8500012761      FIXED -30 IO                        1      Y                           0          119999.75
      8500012776      FIXED -30                           1      N                           0                  0
      8500012847      FIXED -30                           1      N                           0                  0
      8500012940      FIXED -30                           1      N                           0                  0
      8500012946      FIXED -30                           1      N                           0                  0
      8500012954      FIXED -20                           1      N                           0                  0
      8500012966      FIXED -30                           1      N                           0                  0
      8500012986      FIXED -30 IO                        1      Y                           0          101000.56
      8500012916      FIXED -30                           1      N                           0                  0
      8500012920      FIXED -20                           1      N                           0                  0
      8500012928      FIXED -30                           1      N                           0                  0
      8500012932      FIXED -30                           1      Y                           0           29001.33
      8500012935      FIXED -30                           1      N                           0                  0
      8500012996      FIXED -30                           1      N                           0                  0
      8500012998      FIXED -30                           1      N                           0                  0
      8500013005      FIXED -30                           1      N                           0                  0
      8500013008      FIXED -30                           1      N                           0                  0
      8500013011      FIXED -30                           1      Y                           0           50004.32
      8500012957      FIXED -15                           1      N                           0                  0
      8500012959      FIXED -30                           1      N                           0                  0
      8500012960      FIXED -30                           1      N                           0                  0
      8500012967      FIXED -15                           1      N                           0                  0
      8500012997      FIXED -30                           1      N                           0                  0
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      8500013021      FIXED -30                           1      N                           0                  0
      8500013029      FIXED BALLOON 40/30                 1      N                           0                  0
      8500013037      FIXED -30                           1      N                           0                  0
      8500013047      FIXED -30                           1      N                           0                  0
      8500013125      FIXED -30                           1      N                           0                  0
      8500013127      FIXED -30 IO                        1      N                           0                  0
      8500013130      FIXED -30 IO                        1      N                           0                  0
      8500013131      FIXED -30                           1      N                           0                  0
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      8500013001      FIXED -30                           1      N                           0                  0
      8500013009      FIXED -30                           1      N                           0                  0
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      8500013018      FIXED -30                           1      Y                           0              62990
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      8500013138      FIXED BALLOON 50/30                 1      N                           0                  0
      8500013141      FIXED -30                           1      N                           0                  0
      8500013150      FIXED -30 IO                        1      N                           0                  0
      8500013152      FIXED BALLOON 50/30                 1      N                           0                  0
      8500013158      FIXED BALLOON 40/30                 1      Y                           0              65000
      8500013054      FIXED -30                           1      N                           0                  0
      8500013059      FIXED -30 IO                        1      Y                           0              59250
      8500013126      FIXED BALLOON 50/30                 1      N                           0                  0
      8500013132      FIXED -30                           1      N                           0                  0
      8500013134      FIXED -30                           1      Y                           0              65250
      8500013169      FIXED -30 IO                        1      N                           0                  0
      8500013224      FIXED -30 IO                        1      Y                           0           38323.77
      8500013225      FIXED -30                           1      N                           0                  0
      8500013231      FIXED -30                           1      N                           0                  0
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      8500013147      FIXED -30 IO                        1      Y                           0              98250
      8500013151      FIXED -30                           1      N                           0                  0
      8500013160      FIXED -30 IO                        1      Y                           0             108000
      8500013164      FIXED BALLOON 50/30                 1      Y                           0           99999.83
      8500013269      FIXED -30                           1      Y                           0              38040
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      8500013281      FIXED -30 IO                        1      N                           0                  0
      8500013296      FIXED -30                           1      Y                           0              81400
      8500013299      FIXED -30                           1      N                           0                  0
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      8500013171      FIXED -30 IO                        1      Y                           0              91500
      8500013181      FIXED -30                           1      N                           0                  0
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      8500013190      FIXED -30                           1      Y                           0           52300.74
      8500013303      FIXED -30                           1      Y                           0              24825
      8500013309      FIXED -30                           1      N                           0                  0
      8500013546      FIXED -30                           1      Y                           0              27210
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      8500013630      FIXED -30                           1      Y                           0           33715.07
      8500013198      FIXED -30 IO                        1      Y                           0              87500
      8500013202      FIXED -30 IO                        1      Y                           0              85000
      8500013232      FIXED -30                           1      N                           0                  0
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      8500013259      FIXED -30 IO                        1      Y                           0              41380
      8500013640      FIXED -30 IO                        1      Y                           0             137000
      8500013647      FIXED -30                           1      Y                           0              70000
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      8600014025      FIXED -30                           1      N                           0                  0
      8600014228      FIXED -30                           1      Y                           0              31400
      8500013263      FIXED -30                           1      Y                           0              46500
      8500013270      FIXED -30                           1      N                           0                  0
      8500013277      FIXED -30                           1      Y                           0              53800
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      8500013301      FIXED -30                           1      N                           0                  0
      8500013312      FIXED -30                           1      N                           0                  0
      8500013541      FIXED -30                           1      Y                           0              53000
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      8500013639      FIXED -30                           1      N                           0                  0
      8500013644      FIXED -30                           1      N                           0                  0
      8500013649      FIXED -30                           1      Y                           0              47500
      8500013651      FIXED -30                           1      N                           0                  0
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      8600013791      FIXED -30                           1      N                           0                  0
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      8600013967      FIXED -30                           1      Y                           0              75400
      8600014004      FIXED -30 IO                        1      N                           0                  0
      8600014013      FIXED -30                           1      N                           0                  0
        98422991      FIXED DUAL AM 40/20                 1      Y                           0              37400
        98423676      FIXED -30                           1      N                           0                  0
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      8500012282      FIXED -30                           1      Y                           0             115003
      8500012620      FIXED -30                           1      N                           0                  0
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      8500012277      FIXED -30                           1      N                           0                  0
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      8600014096      FIXED -30                           1      N                           0                  0
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      8600014312      FIXED -30                           1      Y                           0             113000
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      8600014668      FIXED -30 IO                        1      Y                           0            42900.2
      8500012777      FIXED -30 IO                        1      Y                           0           49499.42
      8500012778      FIXED -30 IO                        1      Y                           0              35903
      8500012616      FIXED -30 IO                        1      Y                           0           35999.45
        99692477      FIXED -30 IO                        1      Y                           0              50000
        86189057      FIXED -30                           1      Y                           0              43000
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        99582595      FIXED -30                           1      Y                           0              56000
        97504872      FIXED -30 IO                        1      Y                           0             108900
        97914873      FIXED -30                           1      N                           0                  0
        97917157      FIXED -30 IO                        1      N                           0                  0
        98115439      FIXED DUAL AM 40/20                 1      N                           0                  0
        98117237      FIXED DUAL AM 40/20                 1      N                           0                  0
        98383599      FIXED -30                           1      N                           0                  0
        98057391      FIXED DUAL AM 40/20                 1      N                           0                  0
        99305674      FIXED -30                           1      N                           0                  0
        98459431      FIXED -30                           1      Y                           0              31000
        99534919      FIXED -30                           1      N                           0                  0
        98462153      FIXED -30                           1      Y                           0             740000
        40598854      FIXED -30                           1      Y                           0              39800
      8500012278      FIXED -30                           1      Y                           0             127200
        97769517      FIXED -30                           1      N                           0                  0
        99148918      FIXED -30                           1      N                           0                  0
        99469074      FIXED -30                           1      N                           0                  0
        98761992      FIXED -30                           1      N                           0                  0
       145943866      FIXED -30                           1      N                           0                  0
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      8500012309      FIXED -30                           1      Y                           0             170001
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      8500012334      FIXED -30                           1      Y                           0              90000
      8500012329      FIXED -30                           1      N                           0                  0
       151741485      FIXED -30                           1      N                           0                  0
        98056872      FIXED -30                           1      N                           0                  0
        40601373      FIXED -30                           1      N                           0                  0
        40616908      FIXED -30                           1      N                           0                  0
       150518686      FIXED -30                           1      N                           0                  0
        96247838      FIXED -30                           1      N                           0                  0
        40583338      FIXED -30                           1      N                           0                  0
        40612656      FIXED -30                           1      N                           0                  0
        40620038      FIXED -30                           1      N                           0                  0
        40620436      FIXED -30                           1      N                           0                  0
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      8500012650      FIXED -30                           1      N                           0                  0
      8500012444      FIXED -30 IO                        1      Y                           0           27999.56
      8500012285      FIXED -30                           1      N                           0                  0
        98433758      FIXED DUAL AM 40/20                 1      Y                           0              11700
        98196553      FIXED -30                           1      N                           0                  0
        98438310      FIXED -30                           1      Y                           0             185000
       151898806      FIXED -30 IO                        1      N                           0                  0
        98199839      FIXED -30 IO                        1      N                           0                  0
        99185076      FIXED DUAL AM 40/20                 1      N                           0                  0
      8500012617      FIXED -30                           1      Y                           0           75001.14
      1308004605      FIXED -30 IO                        1      Y                           0              30300
      1901025748      FIXED -30                           1      N                           0                  0
      1310012713      FIXED -30                           1      Y                           0              68850
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      1311005107      FIXED BALLOON 40/30                 1      Y                           0              27299
      8500012045      FIXED -30 IO                        1      N                           0                  0
      8500012655      FIXED -30 IO                        1      Y                           0              34800
        97703110      FIXED -30                           1      N                           0                  0
      8500012341      FIXED -30                           1      Y                           0          100000.32
      1105115142      FIXED BALLOON 40/30                 1      Y                           0             108000
      1707101280      FIXED -30                           1      N                           0                  0
      8500012630      FIXED -30 IO                        1      Y                           0              38800
        99032039      FIXED -30                           1      N                           0                  0
        98779317      FIXED -30                           1      N                           0                  0
       151758703      FIXED -15                           1      N                           0                  0
       151850625      FIXED -30                           1      N                           0                  0
        98467111      FIXED DUAL AM 40/20                 1      N                           0                  0
      8500012629      FIXED -30                           1      Y                           0              22500
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      8500012439      FIXED -30 IO                        1      N                           0                  0
      8500012633      FIXED -30 IO                        1      N                           0                  0
      8500012062      FIXED -30                           1      N                           0                  0
      8500012638      FIXED -30 IO                        1      Y                           0           48650.48
      1115103486      FIXED -30                           1      N                           0                  0
      8500012780      FIXED -30 IO                        1      Y                           0              13200
      8500012619      FIXED -30                           1      N                           0                  0
      8600013732      FIXED -30 IO                        1      N                           0                  0
      8600013808      FIXED -30                           1      N                           0                  0
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        98016595      FIXED -30                           1      N                           0                  0
       151534203      FIXED -30                           1      Y                           0              36000
       151798584      FIXED -30                           1      N                           0                  0
        98301716      FIXED -30                           1      N                           0                  0
        98151954      FIXED -30                           1      N                           0                  0
        99165078      FIXED -30 IO                        1      N                           0                  0
      1105002004      FIXED -30                           1      N                           0                  0
      1105115009      FIXED -30                           1      Y                           0           25000.27
      1105115209      FIXED BALLOON 40/30                 1      Y                           0              59000
      1105115281      FIXED -30 IO                        1      Y                           0              42000
      1105115299      FIXED -30                           1      N                           0                  0
        97951073      FIXED DUAL AM 40/20                 1      N                           0                  0
        98001837      FIXED -30                           1      N                           0                  0
        97393516      FIXED -30                           1      N                           0                  0
       151620606      FIXED -30                           1      N                           0                  0
      8600013815      FIXED -30                           1      N                           0                  0
      8500012337      FIXED -30                           1      N                           0                  0
      8500012664      FIXED -30 IO                        1      N                           0                  0
      8500012754      FIXED -30 IO                        1      N                           0                  0
      1326001099      FIXED -30                           1      Y                           0           47302.81
      1310012379      FIXED -30                           1      N                           0                  0
      1901025911      FIXED -30 IO                        1      N                           0                  0
      1310012736      FIXED -30                           1      N                           0                  0
        99081119      FIXED -30 IO                        1      N                           0                  0
        98747710      FIXED -30                           1      N                           0                  0
        99139917      FIXED DUAL AM 40/20                 1      N                           0                  0
        98580319      FIXED -30                           1      N                           0                  0
        98820590      FIXED -30                           1      N                           0                  0
        99107435      FIXED -30                           1      N                           0                  0
        97775951      FIXED -15                           1      N                           0                  0
        99047714      FIXED -30                           1      N                           0                  0
        98454432      FIXED -30                           1      N                           0                  0
        98226756      FIXED -30                           1      N                           0                  0
        97893317      FIXED DUAL AM 40/20                 1      N                           0                  0
       151524600      FIXED -30                           1      N                           0                  0
        97597116      FIXED -30                           1      Y                           0              38491
      8500012623      FIXED -30 IO                        1      Y                           0              55725
      8500012624      FIXED -30 IO                        1      N                           0                  0
       151964889      FIXED -30                           1      N                           0                  0
      8500012785      FIXED -30 IO                        1      Y                           0            25999.8
      8500012627      FIXED -30 IO                        1      Y                           0              65250
      8500012054      FIXED -30                           1      N                           0                  0
      1707101025      FIXED -30 IO                        1      Y                           0             111600
      1701122992      FIXED -30 IO                        1      Y                           0              94000
      8500012779      FIXED -30 IO                        1      Y                           0              58380
        98889470      FIXED -30                           1      N                           0                  0
        99038275      FIXED DUAL AM 40/20                 1      N                           0                  0
      1125100092      FIXED -15                           1      N                           0                  0
      1301002087      FIXED -30                           1      N                           0                  0
      1301002107      FIXED -30 IO                        1      Y                           0           101001.7
      1304007686      FIXED -30                           1      N                           0                  0
      1304007721      FIXED -30 IO                        1      Y                           0           25000.28
      1309008918      FIXED -30 IO                        1      Y                           0              40600
      1309008926      FIXED -30 IO                        1      Y                           0           24999.76
      1309008991      FIXED -30 IO                        1      Y                           0              30990
      1309008995      FIXED -30 IO                        1      Y                           0              33980
      1310012789      FIXED -30 IO                        1      Y                           0              54000
      1311005001      FIXED BALLOON 40/30                 1      Y                           0           24999.71
      1311005127      FIXED -30 IO                        1      Y                           0              50000
      1323001912      FIXED -30 IO                        1      Y                           0              41235
      1326001249      FIXED -30                           1      Y                           0              35962
      1327000332      FIXED -30 IO                        1      Y                           0           73998.12
      1701123292      FIXED -30 IO                        1      N                           0                  0
      1701123528      FIXED -30 IO                        1      N                           0                  0
      1701123543      FIXED -30 IO                        1      N                           0                  0
      1701123556      FIXED -30 IO                        1      N                           0                  0
      1701123559      FIXED -30 IO                        1      Y                           0          117905.07
      1701123677      FIXED BALLOON 40/30                 1      N                           0                  0
      1701123678      FIXED -30 IO                        1      Y                           0           99948.75
      1701123709      FIXED -30                           1      Y                           0             106000
      1701123793      FIXED -30                           1      N                           0                  0
      1701123876      FIXED -30                           1      Y                           0           89949.25
      1701123909      FIXED -30 IO                        1      N                           0                  0
      1701123911      FIXED -30 IO                        1      N                           0                  0
      1701124027      FIXED -30 IO                        1      N                           0                  0
      1701124120      FIXED -30                           1      N                           0                  0
      1701124142      FIXED -30                           1      N                           0                  0
      1701124189      FIXED BALLOON 40/30                 1      N                           0                  0
      1701124227      FIXED -30 IO                        1      N                           0                  0
      1701124262      FIXED -30 IO                        1      N                           0                  0
      1701124267      FIXED -30 IO                        1      Y                           0             108000
      1706102386      FIXED -30 IO                        1      Y                           0           162497.8
      1706102404      FIXED -30 IO                        1      Y                           0              51600
      1706102477      FIXED -30 IO                        1      Y                           0             146000
      1706102500      FIXED -30 IO                        1      Y                           0             120000
      1706102504      FIXED -30 IO                        1      Y                           0              26500
      1706102553      FIXED -30 IO                        1      Y                           0              69600
      1707101292      FIXED -30                           1      N                           0                  0
      1707101368      FIXED -30 IO                        1      N                           0                  0
      1707101547      FIXED -30 IO                        1      Y                           0              68000
      1707101575      FIXED -30 IO                        1      Y                           0              73000
      1707101584      FIXED BALLOON 40/30                 1      N                           0                  0
      1707101585      FIXED -30 IO                        1      Y                           0             112050
      1707101629      FIXED -30 IO                        1      N                           0                  0
      1707101750      FIXED -30                           1      N                           0                  0
      1707101840      FIXED -30 IO                        1      Y                           0             116000
      1901026956      FIXED -30 IO                        1      N                           0                  0
      8500012713      FIXED -30 IO                        1      N                           0                  0
      8500012757      FIXED -30                           1      Y                           0              37500
      8500012760      FIXED -30 IO                        1      Y                           0              36000
      8500012767      FIXED -30 IO                        1      N                           0                  0
      8500012773      FIXED -30 IO                        1      Y                           0              81000
      8500012775      FIXED -30                           1      N                           0                  0
      8500012816      FIXED -30 IO                        1      N                           0                  0
      8500012897      FIXED -30 IO                        1      N                           0                  0
      8500012900      FIXED -30                           1      N                           0                  0
      8500012901      FIXED -30                           1      N                           0                  0
      8500012908      FIXED -30                           1      Y                           0           25009.64
      8500012915      FIXED -30                           1      N                           0                  0
      8500012917      FIXED -30                           1      N                           0                  0
      8500012919      FIXED -30                           1      N                           0                  0
      8500012924      FIXED -30                           1      N                           0                  0
      8500012926      FIXED -30                           1      N                           0                  0
      8500012945      FIXED -30                           1      N                           0                  0
      8500012948      FIXED -30                           1      N                           0                  0
      8500012953      FIXED -15                           1      N                           0                  0
      8500012956      FIXED -30                           1      N                           0                  0
      8500012958      FIXED -30                           1      N                           0                  0
      8500012963      FIXED -15                           1      N                           0                  0
      8500012968      FIXED -15                           1      N                           0                  0
      8500012991      FIXED -30                           1      N                           0                  0
      8500012999      FIXED -30                           1      N                           0                  0
      8500013019      FIXED -30 IO                        1      N                           0                  0
      8500013020      FIXED -30 IO                        1      Y                           0              53000
      8500013027      FIXED -30 IO                        1      N                           0                  0
      8500013039      FIXED -30                           1      Y                           0              95000
      8500013123      FIXED -30                           1      Y                           0           89995.01
      8500013135      FIXED -30 IO                        1      N                           0                  0
      8500013142      FIXED -30 IO                        1      N                           0                  0
      8500013148      FIXED -30                           1      Y                           0              53700
      8500013153      FIXED -30 IO                        1      Y                           0              50500
      8500013154      FIXED -30                           1      N                           0                  0
      8500013155      FIXED -30                           1      N                           0                  0
      8500013159      FIXED -15                           1      N                           0                  0
      8500013163      FIXED -30                           1      N                           0                  0
      8500013170      FIXED -30 IO                        1      N                           0                  0
      8500013174      FIXED -30 IO                        1      Y                           0              74000
      8500013204      FIXED -30 IO                        1      Y                           0              26000
      8500013235      FIXED -30 IO                        1      N                           0                  0
      8500013244      FIXED -30                           1      N                           0                  0
      8500013245      FIXED -30                           1      N                           0                  0
      8500013278      FIXED -30 IO                        1      N                           0                  0
      8500013294      FIXED -30                           1      Y                           0              36300
      8500013311      FIXED -30                           1      N                           0                  0
      8500013543      FIXED -30                           1      Y                           0              15353
      8500013549      FIXED -30 IO                        1      Y                           0              68850
      8500013619      FIXED -30 IO                        1      Y                           0           45949.58
      8500013626      FIXED -30 IO                        1      Y                           0              25300
      8500013634      FIXED -15                           1      N                           0                  0
      8500013642      FIXED -30 IO                        1      Y                           0             137998
      8600013788      FIXED -30                           1      N                           0                  0
      8600013842      FIXED -30 IO                        1      Y                           0              84000
      8600013852      FIXED -30 IO                        1      Y                           0           46500.48
      8600014005      FIXED -30 IO                        1      Y                           0          132899.78
      8600014092      FIXED -30                           1      N                           0                  0
      8600014098      FIXED BALLOON 40/30                 1      N                           0                  0
      8600014200      FIXED -30                           1      Y                           0              39500
        40622880      FIXED -30                           1      N                           0                  0
        97818595      FIXED DUAL AM 40/20                 1      N                           0                  0
        97732630      FIXED -30                           1      N                           0                  0
        98069511      FIXED -30                           1      N                           0                  0
        97407514      FIXED -30                           1      Y                           0              49580
        97673636      FIXED DUAL AM 40/20                 1      N                           0                  0
        97291835      FIXED -30                           1      N                           0                  0
        97736151      FIXED -15                           1      N                           0                  0
        97958912      FIXED -30                           1      N                           0                  0
        97421077      FIXED -30                           1      N                           0                  0
        95894317      FIXED -30                           1      N                           0                  0
        97427876      FIXED -20                           1      N                           0                  0
        97520670      FIXED -30                           1      N                           0                  0
        97520951      FIXED -30                           1      N                           0                  0
        98666597      FIXED DUAL AM 40/20                 1      N                           0                  0
        97136832      FIXED -30                           1      N                           0                  0
        97965636      FIXED -30                           1      N                           0                  0
        97156350      FIXED DUAL AM 40/20                 1      N                           0                  0
        96733191      FIXED -30                           1      N                           0                  0
        98041510      FIXED -30                           1      N                           0                  0
        97496715      FIXED -30                           1      N                           0                  0
      1105115567      FIXED BALLOON 40/30                 1      N                           0                  0
      1105115649      FIXED -30                           1      N                           0                  0
      1105116076      FIXED BALLOON 40/30                 1      N                           0                  0
      1115103528      FIXED -30                           1      N                           0                  0
      1115103541      FIXED -30                           1      N                           0                  0
      1115103548      FIXED -30                           1      N                           0                  0
      1115103590      FIXED -30                           1      Y                           0              49980
      1115103603      FIXED -30 IO                        1      Y                           0              33400
      1115103610      FIXED -30 IO                        1      N                           0                  0
      1115103645      FIXED -30 IO                        1      Y                           0              28500
      1115103676      FIXED -30 IO                        1      N                           0                  0
      1115103703      FIXED -30 IO                        1      N                           0                  0
      1115103761      FIXED -30                           1      N                           0                  0
      1115103859      FIXED -30 IO                        1      Y                           0              37500
      8600014218      FIXED -30                           1      Y                           0              58000
      8600014231      FIXED -15                           1      N                           0                  0
      8600014354      FIXED -30 IO                        1      Y                           0              33750
      8600014375      FIXED -30                           1      N                           0                  0
      8600014566      FIXED -30                           1      N                           0                  0
      1122000171      FIXED -30 IO                        1      Y                           0           25099.14
      1124001262      FIXED -30                           1      N                           0                  0
      1124001329      FIXED -30                           1      N                           0                  0
      1124001386      FIXED -30                           1      N                           0                  0
      1125100093      FIXED -15                           1      N                           0                  0
      1125100151      FIXED -30 IO                        1      Y                           0              98000
      1125100224      FIXED -30 IO                        1      Y                           0            76045.5
      1301002120      FIXED -30 IO                        1      N                           0                  0
      1301002176      FIXED -30 IO                        1      Y                           0           27879.88
        97500797      FIXED -30 IO                        1      Y                           0              73000
        98928914      FIXED DUAL AM 40/20                 1      N                           0                  0
      8500012621      FIXED -30                           1      Y                           0              58000
      1115103423      FIXED -30 IO                        1      N                           0                  0
      8500012333      FIXED -30                           1      Y                           0              75000
      8500012804      FIXED -30 IO                        1      Y                           0           44949.42
      1111002091      FIXED -30 IO                        1      Y                           0           71896.77
      1313003797      FIXED BALLOON 40/30                 1      Y                           0           25001.58
      1309008887      FIXED -30 IO                        1      Y                           0           60799.36
      8500012799      FIXED -30 IO                        1      Y                           0              41125
      8500012042      FIXED -30                           1      N                           0                  0
        98186679      FIXED -30                           1      N                           0                  0
        98432834      FIXED DUAL AM 40/20                 1      Y                           0              42000
        99007072      FIXED DUAL AM 40/20                 1      N                           0                  0
        98623119      FIXED -30                           1      N                           0                  0
        99401317      FIXED -30                           1      N                           0                  0
        97753313      FIXED -30                           1      N                           0                  0
        99077919      FIXED -30 IO                        1      N                           0                  0
      1301002062      FIXED -30 IO                        1      Y                           0              47700
      1105114914      FIXED -30                           1      N                           0                  0
      1122000140      FIXED -30                           1      N                           0                  0
        97287551      FIXED -30                           1      Y                           0             165500
        99441115      FIXED -30                           1      N                           0                  0
        98028756      FIXED -15                           1      N                           0                  0
        98784275      FIXED -30                           1      Y                           0              59900
        99392318      FIXED -30                           1      N                           0                  0
      1313003792      FIXED BALLOON 40/30                 1      Y                           0              33980
        98807316      FIXED -30                           1      N                           0                  0
        98723034      FIXED -30 IO                        1      Y                           0              81857
        98063118      FIXED -30                           1      N                           0                  0
        97650436      FIXED -30 IO                        1      Y                           0              47000
       151569829      FIXED -30                           1      N                           0                  0
        97193478      FIXED -30                           1      N                           0                  0
        98391238      FIXED DUAL AM 40/20                 1      N                           0                  0
        97779474      FIXED -30                           1      N                           0                  0
        97376958      FIXED -30                           1      N                           0                  0
        98284870      FIXED -30                           1      N                           0                  0
        98128754      FIXED DUAL AM 40/20                 1      N                           0                  0
        97783757      FIXED -30                           1      Y                           0             250000
        98811631      FIXED -30                           1      N                           0                  0
        98865470      FIXED -30                           1      N                           0                  0
       151757762      FIXED -20                           1      N                           0                  0
        99333395      FIXED -30 IO                        1      N                           0                  0
        40616690      FIXED -30                           1      Y                           0            8574.84
        98979636      FIXED -30                           1      N                           0                  0
       150839926      FIXED -30                           1      N                           0                  0
      1701123097      FIXED -30                           1      N                           0                  0
      8500012795      FIXED -30 IO                        1      Y                           0              66651
      8500012649      FIXED -30                           1      Y                           0           60000.24
      8500012648      FIXED -30                           1      N                           0                  0
      8500012643      FIXED -30 IO                        1      Y                           0              46250
      8500012752      FIXED -30 IO                        1      N                           0                  0
      8500012290      FIXED -30                           1      N                           0                  0
      8500012060      FIXED -30 IO                        1      Y                           0            55000.2
      8500012443      FIXED -30                           1      N                           0                  0
      8500012635      FIXED -30 IO                        1      N                           0                  0
      8500012976      FIXED -30                           1      N                           0                  0
      1706102352      FIXED -30                           1      Y                           0             126000
        98349038      FIXED DUAL AM 40/20                 1      N                           0                  0
      1309008878      FIXED -30                           1      Y                           0              31800
      1326001195      FIXED -30                           1      N                           0                  0
      1310012803      FIXED -30 IO                        1      Y                           0           24999.56
      1312004542      FIXED -30 IO                        1      Y                           0              28600
      1310012797      FIXED -30 IO                        1      N                           0                  0
      1328000218      FIXED -30                           1      Y                           0           34039.06
      8600013718      FIXED -30 IO                        1      Y                           0              76000
      8600013823      FIXED -30 IO                        1      Y                           0             121600
      8500012658      FIXED -30 IO                        1      N                           0                  0
      1701123095      FIXED -30 IO                        1      Y                           0              49000
      8600013813      FIXED -30 IO                        1      N                           0                  0
      1105115119      FIXED -15                           1      N                           0                  0
      8500012035      FIXED -30 IO                        1      N                           0                  0
      8500012654      FIXED -30 IO                        1      Y                           0            53890.2
      8500012450      FIXED -30 IO                        1      Y                           0              84000
      8500012801      FIXED -30                           1      Y                           0              24300
      8600013931      FIXED BALLOON 40/30                 1      N                           0                  0
      8500012751      FIXED -30 IO                        1      Y                           0             382500
        97780035      FIXED -30                           1      N                           0                  0
        99339194      FIXED -30                           1      N                           0                  0
        97996953      FIXED -30 IO                        1      N                           0                  0
      1701123275      FIXED -30 IO                        1      N                           0                  0
      1707101205      FIXED -30 IO                        1      Y                           0             108800
      1707101329      FIXED -30 IO                        1      Y                           0              28000
      8500012058      FIXED -30 IO                        1      Y                           0              77850
      8500012974      FIXED -15                           1      N                           0                  0
      1705000813      FIXED -30 IO                        1      Y                           0              75400
      8500012637      FIXED -30 IO                        1      Y                           0              41010
        99020679      FIXED -30                           1      N                           0                  0
      8500012280      FIXED -30 IO                        1      N                           0                  0
        97670392      FIXED DUAL AM 40/20                 1      Y                           0              75800
       151797065      FIXED -30 IO                        1      N                           0                  0
        86077732      FIXED -30 IO                        1      N                           0                  0
        98912751      FIXED -30                           1      N                           0                  0
      1104001621      FIXED -30 IO                        1      N                           0                  0
      1105115231      FIXED BALLOON 40/30                 1      Y                           0             103000
      1105115310      FIXED -30                           1      N                           0                  0
      1105115402      FIXED BALLOON 40/30                 1      N                           0                  0
        97206916      FIXED DUAL AM 40/20                 1      N                           0                  0
       151201167      FIXED -25                           1      N                           0                  0
        98012073      FIXED -30                           1      N                           0                  0
      8500012298      FIXED -30                           1      Y                           0              79500
      8500012789      FIXED -30 IO                        1      Y                           0            57314.5
      8500012644      FIXED -30                           1      N                           0                  0
      8500012645      FIXED -30 IO                        1      N                           0                  0
      1105114669      FIXED BALLOON 40/30                 1      Y                           0             105000
      1701123337      FIXED -30 IO                        1      Y                           0              44850
      8500012338      FIXED -30                           1      Y                           0          135598.24
      8500012659      FIXED -30 IO                        1      Y                           0              63750
      8600013871      FIXED -30 IO                        1      N                           0                  0
        98112030      FIXED -30                           1      N                           0                  0
        99106114      FIXED -30                           1      N                           0                  0
        98820871      FIXED -15                           1      N                           0                  0
        98772437      FIXED -30                           1      N                           0                  0
       151862083      FIXED -30                           1      N                           0                  0
        98914633      FIXED -30                           1      Y                           0              44000
        98921992      FIXED -15                           1      Y                           0              17200
        99172637      FIXED -30                           1      N                           0                  0
       150473163      FIXED -30                           1      N                           0                  0
        98510233      FIXED -30                           1      Y                           0              39820
       148973407      FIXED -30                           1      N                           0                  0
        97037790      FIXED -30                           1      N                           0                  0
        97576599      FIXED -30                           1      Y                           0              76000
       151527322      FIXED -30 IO                        1      N                           0                  0
        97596993      FIXED -30                           1      Y                           0              45980
      8500012749      FIXED -30 IO                        1      Y                           0             112000
      8500012440      FIXED -30                           1      N                           0                  0
      8500012784      FIXED -30 IO                        1      Y                           0           83949.55
      1701123665      FIXED -30 IO                        1      Y                           0              92000
      1115103421      FIXED -30                           1      N                           0                  0
      8600013805      FIXED -30                           1      N                           0                  0
      1701123016      FIXED -30 IO                        1      Y                           0              93000
       141007880      FIXED -30                           1      N                           0                  0
       151785920      FIXED -20                           1      N                           0                  0
        98327117      FIXED -30                           1      N                           0                  0
      1304007771      FIXED -30                           1      Y                           0           24999.83
      1308004726      FIXED -30                           1      N                           0                  0
      1309008947      FIXED -30                           1      Y                           0              55516
      1309008951      FIXED -30 IO                        1      Y                           0              70000
      1309009016      FIXED -30 IO                        1      Y                           0              36620
      1310012287      FIXED -30                           1      N                           0                  0
      1310012794      FIXED -30 IO                        1      Y                           0              36134
      1323001833      FIXED -30 IO                        1      Y                           0            58508.5
      1326001148      FIXED -30 IO                        1      Y                           0           61200.26
      1326001186      FIXED -30                           1      Y                           0              30400
      1701123010      FIXED -30                           1      N                           0                  0
      1701123237      FIXED -30 IO                        1      Y                           0             135000
      1701123273      FIXED -30 IO                        1      Y                           0             109000
      1701123347      FIXED BALLOON 40/30                 1      Y                           0              33900
      1701123358      FIXED -30 IO                        1      Y                           0            83997.6
      1701123479      FIXED -30 IO                        1      Y                           0           88002.49
      1701123517      FIXED -30 IO                        1      N                           0                  0
      1701123518      FIXED -30 IO                        1      Y                           0             155000
      1701123529      FIXED -30 IO                        1      Y                           0              48300
      1701123567      FIXED -30 IO                        1      Y                           0              49000
      1701123581      FIXED -30 IO                        1      Y                           0             100000
      1701123644      FIXED -30 IO                        1      Y                           0              81000
      1701123691      FIXED -30 IO                        1      Y                           0              96400
      1701123870      FIXED BALLOON 40/30                 1      Y                           0              59800
      1701123898      FIXED -30                           1      Y                           0          107997.17
      1701123902      FIXED BALLOON 40/30                 1      Y                           0              35000
      1701123941      FIXED -30 IO                        1      N                           0                  0
      1701123972      FIXED -30 IO                        1      Y                           0              67000
      1701124003      FIXED -30 IO                        1      Y                           0              97000
      1701124018      FIXED -30 IO                        1      N                           0                  0
      1701124031      FIXED -30 IO                        1      Y                           0              40002
      1701124063      FIXED -30                           1      N                           0                  0
      1701124077      FIXED -30 IO                        1      N                           0                  0
      1701124098      FIXED -30                           1      Y                           0           38099.96
      1701124109      FIXED -30 IO                        1      Y                           0           64999.76
      1701124119      FIXED -30 IO                        1      Y                           0              88000
      1701124217      FIXED -30 IO                        1      Y                           0              80000
      1701124352      FIXED -30 IO                        1      Y                           0              31500
      1705000811      FIXED -30 IO                        1      Y                           0           72000.91
      1706102330      FIXED BALLOON 40/30                 1      Y                           0              44000
      1706102381      FIXED -30 IO                        1      N                           0                  0
      1706102414      FIXED -30 IO                        1      Y                           0             112000
      1706102450      FIXED -30 IO                        1      Y                           0             100500
      1706102470      FIXED -30 IO                        1      Y                           0              36600
      1706102474      FIXED -30                           1      N                           0                  0
      1707101351      FIXED -30 IO                        1      N                           0                  0
      1707101456      FIXED -30 IO                        1      N                           0                  0
      1707101671      FIXED -30 IO                        1      Y                           0            95002.4
      1707101677      FIXED -30 IO                        1      Y                           0              74600
      1707101697      FIXED -30 IO                        1      Y                           0           61948.66
      1707101770      FIXED -30 IO                        1      Y                           0              86000
      1901026518      FIXED -30                           1      N                           0                  0
      1901026622      FIXED -30 IO                        1      N                           0                  0
      8500012700      FIXED -30 IO                        1      Y                           0              32851
      8500012755      FIXED -30 IO                        1      Y                           0              67800
      8500012762      FIXED -30 IO                        1      N                           0                  0
      8500012765      FIXED -30 IO                        1      Y                           0              81000
      8500012768      FIXED -30                           1      N                           0                  0
      8500012770      FIXED BALLOON 40/30                 1      Y                           0              36600
      8500012774      FIXED -30                           1      Y                           0            9999.56
      8500012808      FIXED -30                           1      N                           0                  0
      8500012821      FIXED -30                           1      N                           0                  0
      8500012822      FIXED -30                           1      N                           0                  0
      8500012827      FIXED -30                           1      N                           0                  0
      8500012830      FIXED -30                           1      Y                           0            66376.5
      8500012856      FIXED -30                           1      N                           0                  0
      8500012881      FIXED -30                           1      Y                           0           43649.07
      8500012898      FIXED -30 IO                        1      Y                           0            75398.4
      8500012923      FIXED -30                           1      N                           0                  0
      8500012925      FIXED -30                           1      N                           0                  0
      8500012934      FIXED -30                           1      N                           0                  0
      8500012937      FIXED -30                           1      N                           0                  0
      8500012944      FIXED -30                           1      N                           0                  0
      8500012955      FIXED -30                           1      N                           0                  0
      8500012964      FIXED -30                           1      N                           0                  0
      8500012985      FIXED -30 IO                        1      Y                           0            37498.6
      8500013007      FIXED -30 IO                        1      Y                           0              97000
      8500013016      FIXED -30                           1      N                           0                  0
      8500013024      FIXED -30                           1      N                           0                  0
      8500013025      FIXED BALLOON 40/30                 1      N                           0                  0
      8500013028      FIXED -30                           1      N                           0                  0
      8500013031      FIXED -30 IO                        1      N                           0                  0
      8500013033      FIXED -30                           1      N                           0                  0
      8500013041      FIXED -30 IO                        1      Y                           0           37900.41
      8500013121      FIXED BALLOON 40/30                 1      N                           0                  0
      8500013124      FIXED -30 IO                        1      N                           0                  0
      8500013137      FIXED -30                           1      N                           0                  0
      8500013139      FIXED -30                           1      N                           0                  0
      8500013144      FIXED -30 IO                        1      N                           0                  0
      8500013145      FIXED -30                           1      Y                           0          125997.16
      8500013149      FIXED BALLOON 50/30                 1      N                           0                  0
      8500013187      FIXED -30 IO                        1      Y                           0           23955.29
      8500013209      FIXED -30 IO                        1      N                           0                  0
      8500013214      FIXED -30                           1      Y                           0              38700
      8500013230      FIXED -30 IO                        1      N                           0                  0
      8500013239      FIXED -30 IO                        1      N                           0                  0
      8500013247      FIXED -30                           1      Y                           0             119850
      8500013253      FIXED -30                           1      N                           0                  0
      8500013268      FIXED -30                           1      Y                           0            40219.5
      8500013280      FIXED -30                           1      N                           0                  0
      8500013284      FIXED -15                           1      N                           0                  0
      8500013285      FIXED -15                           1      N                           0                  0
      8500013542      FIXED -30                           1      Y                           0             114400
      8500013545      FIXED -30                           1      N                           0                  0
      8500013548      FIXED -30                           1      N                           0                  0
      8500013615      FIXED -30 IO                        1      N                           0                  0
      8500013633      FIXED -30 IO                        1      N                           0                  0
      8600013951      FIXED -30 IO                        1      Y                           0              75000
      8600014094      FIXED -30 IO                        1      Y                           0             105000
      8600014113      FIXED -30 IO                        1      Y                           0             122000
      8600014196      FIXED -30 IO                        1      N                           0                  0
      8600014504      FIXED BALLOON 40/30                 1      N                           0                  0
      8600014596      FIXED -30 IO                        1      Y                           0              71000
      8600014951      FIXED -30 IO                        1      N                           0                  0



loanid                grade        sec32        fico      ficodate        city
----------------------------------------------------------------------------------------------------------------------------
        98374671            1                    707      /  /            WEST COVINA
      1310012807                                 716      /  /            Atlanta
      1304007618                                 733      /  /            Stockbridge
      1310012684                                 788      /  /            Lithonia
      1325000258                                 655      /  /            Crestview
        97636476            1                    665      /  /            PATERSON
      1323001742                                 663      /  /            Canton
      1309008902                                 700      /  /            Ellenwood
      1328000223                                 661      /  /            East Point
      1326001175                                 644      /  /            Hiram
      8500012342                                 798      /  /            Astoria
      1105115291                                 654      /  /            Cleveland
      8500012647                                 659      /  /            WEEHAWKEN
      1115103480                                 630      /  /            Hermitage
      8500012304                                 671      /  /            STATEN ISLAND
      1311005071                                 658      /  /            Decatur
      8600013697                                 774      /  /            Phoenix
      1701123359                                 669      /  /            Puyallup
      8500012451                                 676      /  /            LANCASTER
      1105115219                                 692      /  /            Auburn
        98392038            1                    776      /  /            SAN DIEGO
        98321755            1                    651      /  /            LONG BEACH
        99479271            1                    632      /  /            CITRUS HEIGHTS
        98394075            1                    650      /  /            LOS MOLINOS
        99479792            1                    697      /  /            RIVERSIDE
        97497192            1                    620      /  /            HIGHLAND
        98103153            1                    671      /  /            MOUNT VERNON
        97839393            1                    654      /  /            JAMAICA
        98182033            1                    657      /  /            NORCO
       151539681      4A                         638      /  /            ANCHORAGE
      1707101305                                 680      /  /            Kerman
       151869542      5A                         642      /  /            CARMEL
        98876196            1                    786      /  /            SAN DIEGO
        98394752            1                    719      /  /            VALLEY CENTER
        99422990            1                    697      /  /            AGOURA HILLS
        99034555            1                    683      /  /            RIDGEFIELD PARK
        98394950            1                    710      /  /            ONTARIO
        98288590            1                    676      /  /            MARICOPA
      1701123087                                 689      /  /            San Juan Capistrano
      1701123130                                 699      /  /            Lomita
        98349277            1                    686      /  /            SEATTLE
       151247483      4A                         627      /  /            HENDERSON
        97845234            1                    640      /  /            ELMONT
        85923779            1                    648      /  /            CLINTON
        98259831            1                    697      /  /            HOUSTON
        97474951            1                    626      /  /            PLANO
        98838311            1                    637      /  /            ALBURTIS
       151406246      5A                         651      /  /            GILBERT
      1310012528                                 718      /  /            Loganville
      1301002110                                 644      /  /            St Petersburg
      8500012636                                 721      /  /            ROMANSVILLE
      1701122953                                 638      /  /            Lancaster
        97878276            1                    652      /  /            LONG BEACH
      8500012618                                 653      /  /            ATLANTA
      8500012436                                 767      /  /            ANTHEM
      1901025753                                 681      /  /            Bensalem
      1311004987                                 685      /  /            Covington
      1105114884                                 673      /  /            South Euclid
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      8500012328                                 739      /  /            Stamford
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      1323001832                                 643      /  /            Rockmart
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      1701123742                                 765      /  /            Chino Hills
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        40607401                   N             671      /  /            OMAHA
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      1701123855                                 638      /  /            Colorado Springs
      1701123886                                 683      /  /            Lynwood
      1701124049                                 683      /  /            Murrieta
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      1706102477                                 670      /  /            San Jose
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      1707101547                                 662      /  /            San Diego
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      1707101584                                 704      /  /            Chula Vista
      1707101585                                 678      /  /            Fresno
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      1707101750                                 664      /  /            Lake Elsinore
      1707101840                                 719      /  /            Gilbert
      1901026956                                 698      /  /            Little Falls
      8500012713                                 674      /  /            Havre De Grace
      8500012757                                 746      /  /            WASHINGTON
      8500012760                                 683      /  /            RICHMOND
      8500012767                                 650      /  /            SILVER SPRING
      8500012773                                 629      /  /            WOODBRIDGE
      8500012775                                 695      /  /            AYLETT
      8500012816                                 767      /  /            Modesto
      8500012897                                 695      /  /            NAPA
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      8500012901                                 626      /  /            Brandon
      8500012908                                 654      /  /            Kenosha
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      8500012917                                 668      /  /            Woodbridge
      8500012919                                 673      /  /            Allentown
      8500012924                                 693      /  /            Wilmington
      8500012926                                 661      /  /            Donaldsonville
      8500012945                                 620      /  /            Davenport
      8500012948                                 721      /  /            New Berlin
      8500012953                                 760      /  /            Englewood
      8500012956                                 634      /  /            White Haven
      8500012958                                 695      /  /            Waxhaw
      8500012963                                 646      /  /            Philadelphia
      8500012968                                 646      /  /            Newark
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      8500012999                                 672      /  /            BARSTOW
      8500013019                                 721      /  /            Modesto
      8500013020                                 805      /  /            SURPRISE
      8500013027                                 699      /  /            ESCONDIDO
      8500013039                                 771      /  /            FORT WASHINGTON
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      8500013135                                 746      /  /            LOS ANGELES
      8500013142                                 748      /  /            NATIONAL CITY
      8500013148                                 692      /  /            TUCSON
      8500013153                                 666      /  /            SAN DIEGO
      8500013154                                 643      /  /            SANTA CLARITA
      8500013155                                 622      /  /            DEL MAR
      8500013159                                 699      /  /            LA QUINTA
      8500013163                                 717      /  /            POMONA
      8500013170                                 647      /  /            RANCHO CUCAMONGA
      8500013174                                 683      /  /            RIVERSIDE
      8500013204                                 763      /  /            MESA
      8500013235                                 681      /  /            SAN MARCOS
      8500013244                                 722      /  /            LAS VEGAS
      8500013245                                 737      /  /            CORONA
      8500013278                                 702      /  /            CAPE CORAL
      8500013294                                 667      /  /            WYOMING
      8500013311                                 620      /  /            LOMBARD
      8500013543                                 781      /  /            Houston
      8500013549                                 666      /  /            Chino
      8500013619                                 647      /  /            SEFFNER
      8500013626                                 639      /  /            NASHVILLE
      8500013634                                 764      /  /            SAN LUIS OBISPO
      8500013642                                 723      /  /            SAN FRANCISCO
      8600013788                                 707      /  /            Waltham
      8600013842                                 675      /  /            Santa Rosa
      8600013852                                 679      /  /            Jacksonville
      8600014005                                 698      /  /            Tucson
      8600014092                                 697      /  /            Parsippany
      8600014098                                 708      /  /            Palmdale
      8600014200                                 654      /  /            Victorville
        40622880                   N             632      /  /            KNOXVILLE
        97818595            1                    738      /  /            ROSAMOND
        97732630            1                    665      /  /            SMYRNA
        98069511            1                    699      /  /            WESTMINSTER
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        97673636            1                    669      /  /            TOWNSHIP OF BELLEVIL
        97291835            2                    652      /  /            FREEHOLD
        97736151            1                    789      /  /            GRASONVILLE
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        97427876            1                    698      /  /            HORSHAM
        97520670            1                    678      /  /            TWP LOWER SOUTHAMPTO
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        98666597            1                    772      /  /            SIMI VALLEY
        97136832            1                    757      /  /            LEHIGH ACRES
        97965636            1                    654      /  /            MIRAMAR
        97156350            1                    636      /  /            VALLEJO
        96733191            2                    644      /  /            DELAND
        98041510            1                    646      /  /            PROVIDENCE
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      1105115567                                 677      /  /            Brockton
      1105115649                                 711      /  /            Bridgeport
      1105116076                                 695      /  /            Dingmans Ferry
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      1115103541                                 629      /  /            Hollywood
      1115103548                                 649      /  /            Tallahassee
      1115103590                                 651      /  /            Miramar
      1115103603                                 644      /  /            Lake Worth
      1115103610                                 678      /  /            Orlando
      1115103645                                 728      /  /            Florence
      1115103676                                 700      /  /            Kissimmee
      1115103703                                 674      /  /            Columbia
      1115103761                                 673      /  /            Seffner
      1115103859                                 653      /  /            Fort Lauderdale
      8600014218                                 664      /  /            Neptune
      8600014231                                 704      /  /            Phoenix
      8600014354                                 779      /  /            San Bernardino
      8600014375                                 664      /  /            Phillipsburg
      8600014566                                 625      /  /            Montebello
      1122000171                                 743      /  /            Buffalo
      1124001262                                 627      /  /            Pensacola Beach
      1124001329                                 672      /  /            Elba
      1124001386                                 634      /  /            Fall River
      1125100093                                 709      /  /            Cincinnati
      1125100151                                 622      /  /            Yorktown
      1125100224                                 702      /  /            Columbia
      1301002120                                 664      /  /            Bradenton
      1301002176                                 664      /  /            Tarpon Springs
        97500797            1                    640      /  /            CERES
        98928914            1                    731      /  /            WAIANAE
      8500012621                                 676      /  /            FALMOUTH
      1115103423                                 708      /  /            West Palm Beach
      8500012333                                 629      /  /            Bridgeport
      8500012804                                 690      /  /            DURHAM
      1111002091                                 639      /  /            Sayreville
      1313003797                                 795      /  /            Covington
      1309008887                                 647      /  /            Conyers
      8500012799                                 623      /  /            NASHVILLE
      8500012042                                 795      /  /            SANTA MONICA
        98186679            1                    708      /  /            BROOKLYN
        98432834            1                    651      /  /            HOMESTEAD
        99007072            1                    650      /  /            ROYAL PALM BEACH
        98623119            1                    669      /  /            MESA
        99401317            1                    636      /  /            MURPHY
        97753313            1                    688      /  /            BLYTHEWOOD
        99077919            1                    626      /  /            POMONA
      1301002062                                 650      /  /            Sarasota
      1105114914                                 636      /  /            Portsmouth
      1122000140                                 709      /  /            Philadelphia
        97287551            1                    636      /  /            KAPOLEI
        99441115            1                    692      /  /            IRVINGTON
        98028756            1                    641      /  /            HOUSTON
        98784275            1                    624      /  /            NEW ORLEANS
        99392318            1                    675      /  /            SMITHTOWN
      1313003792                                 699      /  /            Covington
        98807316            1                    672      /  /            TULSA
        98723034            1                    699      /  /            TACOMA
        98063118            1                    694      /  /            ORINDA
        97650436            1                    621      /  /            MIAMI
       151569829      6A                         678      /  /            NAPERVILLE
        97193478            1                    626      /  /            COMPTON
        98391238            1                    621      /  /            LONG BEACH
        97779474            1                    673      /  /            OAKLAND
        97376958            1                    775      /  /            TAHOE CITY
        98284870            1                    656      /  /            SPARTA
        98128754            1                    634      /  /            LAUDERHILL
        97783757            1                    802      /  /            RAMONA
        98811631            1                    672      /  /            TULSA
        98865470            1                    667      /  /            SANTA MARIA
       151757762      4A                         638      /  /            PHILADELPHIA
        99333395            1                    753      /  /            LINCOLN
        40616690                   N             708      /  /            FLORISSANT
        98979636            1                    647      /  /            SILVER SPRING
       150839926      5A                         643      /  /            STOCKTON
      1701123097                                 712      /  /            Bradenton
      8500012795                                 770      /  /            GIBSONTON
      8500012649                                 771      /  /            JACKSONVILLE
      8500012648                                 641      /  /            YARMOUTH
      8500012643                                 733      /  /            TOWN OF WINDHAM
      8500012752                                 656      /  /            STUART
      8500012290                                 652      /  /            CLERMONT
      8500012060                                 701      /  /            NEWBURY PARK
      8500012443                                 736      /  /            SURPRISE
      8500012635                                 769      /  /            EL MIRAGE
      8500012976                                 740      /  /            CLAREMONT
      1706102352                                 704      /  /            Chino Hills
        98349038            1                    669      /  /            OWINGS MILLS
      1309008878                                 642      /  /            Austell
      1326001195                                 733      /  /            Woodstock
      1310012803                                 675      /  /            Fairburn
      1312004542                                 771      /  /            Atlanta
      1310012797                                 766      /  /            Fairburn
      1328000218                                 671      /  /            Loganville
      8600013718                                 654      /  /            Sacramento
      8600013823                                 669      /  /            Salinas
      8500012658                                 693      /  /            STALLINGS
      1701123095                                 624      /  /            Los Angeles (Pacoima Area)
      8600013813                                 729      /  /            San Bernardino
      1105115119                                 674      /  /            New Lebanon
      8500012035                                 689      /  /            VILLA PARK
      8500012654                                 679      /  /            CHARLOTTE
      8500012450                                 698      /  /            EL CAJON
      8500012801                                 664      /  /            FORTSON
      8600013931                                 762      /  /            Huntington Park
      8500012751                                 764      /  /            SAN DIEGO
        97780035            1                    627      /  /            ANOKA
        99339194            1                    694      /  /            BALTIMORE
        97996953            1                    780      /  /            SIMI VALLEY
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      1707101205                                 645      /  /            San Diego
      1707101329                                 677      /  /            Brawley
      8500012058                                 745      /  /            OXNARD
      8500012974                                 759      /  /            CORONA
      1705000813                                 624      /  /            Desert Hot Springs
      8500012637                                 771      /  /            SORRRENTO
        99020679            1                    651      /  /            MORICHES
      8500012280                                 671      /  /            BROOKLYN
        97670392            1                    674      /  /            PALM SPRINGS
       151797065      6A                         675      /  /            SHIRLEY
        86077732            1                    664      /  /            WAXHAW
        98912751            1                    632      /  /            WAVERLY
      1104001621                                 664      /  /            Freehold
      1105115231                                 761      /  /            Jersey City
      1105115310                                 732      /  /            Philadelphia
      1105115402                                 757      /  /            Boston(Dorchester)
        97206916            1                    638      /  /            BROOKLYN
       151201167      4A                         630      /  /            CROWNSVILLE
        98012073            1                    718      /  /            LOS ANGELES
      8500012298                                 731      /  /            Woodside
      8500012789                                 700      /  /            CUMMING
      8500012644                                 666      /  /            OAKLAND
      8500012645                                 706      /  /            TUSCALOOSA
      1105114669                                 645      /  /            Maspeth
      1701123337                                 636      /  /            Tacoma
      8500012338                                 720      /  /            Corona
      8500012659                                 706      /  /            ATLANTA
      8600013871                                 638      /  /            San Francisco
        98112030            1                    741      /  /            RAMONA
        99106114            1                    758      /  /            WAHIAWA
        98820871            1                    626      /  /            LAKE WALES
        98772437            1                    623      /  /            HUNTSVILLE
       151862083      4A                         630      /  /            LAKELAND
        98914633            1                    648      /  /            ODESSA
        98921992            1                    667      /  /            PHILADELPHIA
        99172637            1                    627      /  /            CRETE
       150473163      6A                         677      /  /            CANYON COUNTRY
        98510233            1                    788      /  /            NOBLESVILLE
       148973407      4A                         636      /  /            KERNERSVILLE
        97037790            1                    636      /  /            ONTARIO
        97576599            1                    645      /  /            SUFFERN
       151527322      5A                         646      /  /            DIAMOND BAR
        97596993            1                    624      /  /            DESOTO
      8500012749                                 714      /  /            VALLEJO
      8500012440                                 723      /  /            OLYMPIA
      8500012784                                 706      /  /            HOLLY SPRINGS
      1701123665                                 643      /  /            Rancho Cucamonga
      1115103421                                 651      /  /            Easton
      8600013805                                 652      /  /            Freeport
      1701123016                                 693      /  /            Los Angeles Area
       141007880      4A                         635      /  /            CAMDEN WYOMING
       151785920      5A                         648      /  /            HARRISBURG
        98327117            1                    632      /  /            LOS ANGELES
      1304007771                                 641      /  /            Covington
      1308004726                                 701      /  /            Woodstock
      1309008947                                 715      /  /            Cumming
      1309008951                                 725      /  /            Marietta
      1309009016                                 639      /  /            Acworth
      1310012287                                 680      /  /            East Point
      1310012794                                 654      /  /            Fairburn
      1323001833                                 699      /  /            College Park
      1326001148                                 713      /  /            Dallas
      1326001186                                 713      /  /            Dallas
      1701123010                                 633      /  /            Lancaster
      1701123237                                 727      /  /            Glendale
      1701123273                                 711      /  /            Pacoima Area
      1701123347                                 746      /  /            Hesperia
      1701123358                                 693      /  /            Saugus Area
      1701123479                                 684      /  /            Los Angeles (Wilmington Area)
      1701123517                                 721      /  /            Lee's Summit
      1701123518                                 727      /  /            Irvine
      1701123529                                 678      /  /            Snohomish
      1701123567                                 649      /  /            Hollister
      1701123581                                 673      /  /            Spring Valley Area
      1701123644                                 631      /  /            Temecula
      1701123691                                 626      /  /            Redlands
      1701123870                                 681      /  /            Simi Valley
      1701123898                                 769      /  /            Mont Vernon
      1701123902                                 730      /  /            Windsor
      1701123941                                 646      /  /            Tehachapi
      1701123972                                 668      /  /            Colton
      1701124003                                 771      /  /            Pomona
      1701124018                                 679      /  /            North Hollywood Area
      1701124031                                 744      /  /            Winchester Area
      1701124063                                 676      /  /            Sarasota
      1701124077                                 710      /  /            Palmdale
      1701124098                                 621      /  /            Pueblo West
      1701124109                                 632      /  /            Littleton
      1701124119                                 795      /  /            San Diego
      1701124217                                 649      /  /            Fontana
      1701124352                                 696      /  /            Williams
      1705000811                                 653      /  /            Compton Area
      1706102330                                 662      /  /            Salem
      1706102381                                 758      /  /            Antioch
      1706102414                                 674      /  /            San Jose
      1706102450                                 708      /  /            San Jose
      1706102470                                 656      /  /            Salem
      1706102474                                 637      /  /            Vallejo
      1707101351                                 626      /  /            Ridgecrest
      1707101456                                 746      /  /            Anna
      1707101671                                 757      /  /            Temecula
      1707101677                                 753      /  /            Menifee
      1707101697                                 665      /  /            El Cajon
      1707101770                                 641      /  /            San Diego
      1901026518                                 774      /  /            Smithtown
      1901026622                                 668      /  /            Danbury
      8500012700                                 668      /  /            Summerville
      8500012755                                 659      /  /            CHANTILLY
      8500012762                                 643      /  /            SILVER SPRING
      8500012765                                 734      /  /            WASHINGTON
      8500012768                                 758      /  /            HAMPTON
      8500012770                                 723      /  /            BALTIMORE
      8500012774                                 679      /  /            SELMA
      8500012808                                 732      /  /            Leesburg
      8500012821                                 677      /  /            San Bernardino
      8500012822                                 770      /  /            Castle Rock
      8500012827                                 745      /  /            San Bernardino
      8500012830                                 753      /  /            Las Vegas
      8500012856                                 681      /  /            Menifee
      8500012881                                 816      /  /            Temecula
      8500012898                                 784      /  /            HEALDSBURG
      8500012923                                 674      /  /            Indianapolis
      8500012925                                 711      /  /            Gray Court
      8500012934                                 670      /  /            Roseland
      8500012937                                 623      /  /            Newberry
      8500012944                                 693      /  /            Toledo
      8500012955                                 652      /  /            Stratford
      8500012964                                 662      /  /            Nashville
      8500012985                                 693      /  /            FORESTHILL
      8500013007                                 723      /  /            FONTANA
      8500013016                                 676      /  /            PERRIS AREA
      8500013024                                 784      /  /            MENIFEE AREA
      8500013025                                 732      /  /            LOS BANOS
      8500013028                                 718      /  /            BAKERSFIELD
      8500013031                                 724      /  /            CLOVIS
      8500013033                                 767      /  /            LOS ANGELES
      8500013041                                 648      /  /            TWP OF BERLIN
      8500013121                                 733      /  /            SACRAMENTO
      8500013124                                 706      /  /            LOS ANGELES
      8500013137                                 629      /  /            LOS ANGELES
      8500013139                                 703      /  /            RIVERSIDE
      8500013144                                 628      /  /            RANCHO CUCAMONGA
      8500013145                                 692      /  /            ELK GROVE
      8500013149                                 765      /  /            LA MIRADA
      8500013187                                 649      /  /            SPRING HILL
      8500013209                                 664      /  /            NAPLES
      8500013214                                 666      /  /            TWP OF PENN
      8500013230                                 716      /  /            SANTA BARBARA
      8500013239                                 668      /  /            LA MESA AREA
      8500013247                                 722      /  /            PACIFICA
      8500013253                                 690      /  /            UKIAH
      8500013268                                 635      /  /            LITHIA
      8500013280                                 624      /  /            CHICAGO
      8500013284                                 772      /  /            FRESNO
      8500013285                                 772      /  /            FRESNO
      8500013542                                 686      /  /            Falls Church
      8500013545                                 724      /  /            Houston
      8500013548                                 662      /  /            Alpharetta
      8500013615                                 752      /  /            ALPHARETTA
      8500013633                                 696      /  /            TEMECULA
      8600013951                                 667      /  /            Los Angeles
      8600014094                                 727      /  /            Tracy
      8600014113                                 659      /  /            Garden Grove
      8600014196                                 632      /  /            Brooklyn
      8600014504                                 659      /  /            Mount Sinai
      8600014596                                 702      /  /            Upland
      8600014951                                 652      /  /            Moreno Valley



loanid                county                 state       zip          proptype          units       leasehold        reloflag
------------------------------------------------------------------------------------------------------------------------------
        98374671                     37      CA            91790      SINGFAM                1
      1310012807                    121      GA            30349      PUD                    1
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      1701123237                     37      CA            91204      SINGFAM                1
      1701123273                     37      CA            91331      SINGFAM                1
      1701123347                     71      CA            92344      SINGFAM                1
      1701123358                     37      CA            91350      PUD                    1
      1701123479                     37      CA            90744      SINGFAM                1
      1701123517                     95      MO            64081      PUD                    1
      1701123518                     59      CA            92604      PUD                    1
      1701123529                     61      WA            98296      CONDO                  1
      1701123567                    213      MO            65672      CONDO                  1
      1701123581                     73      CA            91977      SINGFAM                1
      1701123644                     65      CA            92591      SINGFAM                1
      1701123691                     71      CA            92374      SINGFAM                1
      1701123870                    111      CA            93065      SINGFAM                1
      1701123898                     11      NH             3057      SINGFAM                1
      1701123902                    123      CO            80550      PUD                    1
      1701123941                     29      CA            93561      SINGFAM                1
      1701123972                     71      CA            92324      SINGFAM                1
      1701124003                     37      CA            91767      2FAM                   2
      1701124018                     37      CA            91601      SINGFAM                1
      1701124031                     65      CA            92596      PUD                    1
      1701124063                    115      FL            34231      SINGFAM                1
      1701124077                     37      CA            93552      SINGFAM                1
      1701124098                    101      CO            81007      SINGFAM                1
      1701124109                     35      CO            80130      PUD                    1
      1701124119                     73      CA            92120      SINGFAM                1
      1701124217                     71      CA            92337      SINGFAM                1
      1701124352                      5      AZ            86046      SINGFAM                1
      1705000811                     37      CA            90221      SINGFAM                1
      1706102330                     47      OR            97305      SINGFAM                1
      1706102381                     13      CA            94509      CONDO                  1
      1706102414                     85      CA            95110      SINGFAM                1
      1706102450                     85      CA            95122      SINGFAM                1
      1706102470                     47      OR            97305      SINGFAM                1
      1706102474                     95      CA            94589      SINGFAM                1
      1707101351                     29      CA            93555      SINGFAM                1
      1707101456                     85      TX            75409      PUD                    1
      1707101671                     65      CA            92591      SINGFAM                1
      1707101677                     65      CA            92584      PUD                    1
      1707101697                     73      CA            92021      CONDO                  1
      1707101770                     73      CA            92154      CONDO                  1
      1901026518                    103      NY            11787      SINGFAM                1
      1901026622                      1      CT             6810      3FAM                   3
      8500012700                     35      SC            29485      PUD                    1
      8500012755                     59      VA            20151      SINGFAM                1
      8500012762                     31      MD            20903      SINGFAM                1
      8500012765                      1      DC            20010      SINGFAM                1
      8500012768                    650      VA            23666      SINGFAM                1
      8500012770                    510      MD            21214      SINGFAM                1
      8500012774                    101      NC            27576      SINGFAM                1
      8500012808                    107      VA            20175      PUD                    1
      8500012821                     71      CA            92407      SINGFAM                1
      8500012822                     35      CO            80109      PUD                    1
      8500012827                     71      CA            92407      SINGFAM                1
      8500012830                      3      NV            89149      PUD                    1
      8500012856                     65      CA            92584      SINGFAM                1
      8500012881                     65      CA            92591      SINGFAM                1
      8500012898                     97      CA            95448      SINGFAM                1
      8500012923                     97      IN            46205      SINGFAM                1
      8500012925                     59      SC            29645      SINGFAM                1
      8500012934                    125      VA            22967      SINGFAM                1
      8500012937                     95      MI            49868      SINGFAM                1
      8500012944                     95      OH            43608      SINGFAM                1
      8500012955                     35      NY            13470      SINGFAM                1
      8500012964                     37      TN            37209      SINGFAM                1
      8500012985                     61      CA            95631      SINGFAM                1
      8500013007                     71      CA            92336      SINGFAM                1
      8500013016                     65      CA            92570      SINGFAM                1
      8500013024                     65      CA            92584      PUD                    1
      8500013025                     47      CA            93635      SINGFAM                1
      8500013028                     29      CA            93304      4FAM                   4
      8500013031                     19      CA            93619      PUD                    1
      8500013033                     37      CA            90026      2FAM                   2
      8500013041                    127      PA            18431      PUD                    1
      8500013121                     67      CA            95821      SINGFAM                1
      8500013124                     37      CA            91304      SINGFAM                1
      8500013137                     37      CA            90026      SINGFAM                1
      8500013139                     65      CA            92504      SINGFAM                1
      8500013144                     71      CA            91701      SINGFAM                1
      8500013145                     67      CA            95624      SINGFAM                1
      8500013149                     37      CA            90638      SINGFAM                1
      8500013187                    119      TN            37174      PUD                    1
      8500013209                     21      FL            34112      CONDO                  1
      8500013214                     99      PA            17020      SINGFAM                1
      8500013230                     83      CA            93111      SINGFAM                1
      8500013239                     73      CA            91941      SINGFAM                1
      8500013247                     81      CA            94044      SINGFAM                1
      8500013253                     45      CA            95482      SINGFAM                1
      8500013268                     57      FL            33547      PUD                    1
      8500013280                     31      IL            60641      2FAM                   2
      8500013284                     19      CA            93704      3FAM                   3
      8500013285                     19      CA            93704      3FAM                   3
      8500013542                     59      VA            22042      SINGFAM                1
      8500013545                    201      TX            77099      SINGFAM                1
      8500013548                    121      GA            30004      PUD                    1
      8500013615                    121      GA            30004      PUD                    1
      8500013633                     65      CA            92592      SINGFAM                1
      8600013951                     37      CA            90011      2FAM                   2
      8600014094                     77      CA            95376      SINGFAM                1
      8600014113                     59      CA            92841      SINGFAM                1
      8600014196                     47      NY            11225      2FAM                   2
      8600014504                    103      NY            11766      CONDO                  1
      8600014596                     71      CA            91786      SINGFAM                1
      8600014951                     65      CA            92557      SINGFAM                1



loanid                buydown          ownocc                  loanpurp                cashoutamt          origbal         currbal
------------------------------------------------------------------------------------------------------------------------------------------
        98374671                       PRIMARY                 REFICASHOUT                   11461.43          399999           398574.78
      1310012807      N                PRIMARY                 PURCH                                0          140508              140508
      1304007618      N                PRIMARY                 PURCH                                0          252600            252204.7
      1310012684      N                INVESTOR                REFICASHOUT                          0           85000               85000
      1325000258      N                INVESTOR                PURCH                                0           57650            57574.32
        97636476                       PRIMARY                 REFICASHOUT                          0          353500           352284.14
      1323001742      N                PRIMARY                 PURCH                                0          178150            177871.2
      1309008902      N                PRIMARY                 PURCH                                0          141900              141900
      1328000223      N                PRIMARY                 PURCH                                0          164800           164664.95
      1326001175      N                SECONDHOME              PURCH                                0          139100              139100
      8500012342      N                PRIMARY                 PURCH                                0          592800           591333.74
      1105115291      N                PRIMARY                 PURCH                                0           70000            69948.04
      8500012647      N                PRIMARY                 REFICASHOUT                          0          150000           149655.47
      1115103480      N                PRIMARY                 PURCH                                0          108000           107843.16
      8500012304      N                PRIMARY                 REFICASHOUT                          0          975000           972528.52
      1311005071      N                PRIMARY                 PURCH                                0          125600              125600
      8600013697      N                PRIMARY                 PURCH                                0          199500           199432.46
      1701123359      N                PRIMARY                 PURCH                                0          231950              231950
      8500012451      N                PRIMARY                 REFICASHOUT                          0          348000           347220.34
      1105115219      N                PRIMARY                 PURCH                                0          170400              170400
        98392038                       PRIMARY                 REFICASHOUT                  223514.43          550000           548380.35
        98321755                       PRIMARY                 REFICASHOUT                   35287.72          396000              396000
        99479271                       INVESTOR                REFICASHOUT                     108480          277500           276890.58
        98394075                       INVESTOR                REFICASHOUT                   88484.03          112000           111853.27
        99479792                       PRIMARY                 REFICASHOUT                  232300.64          470250           469282.58
        97497192                       PRIMARY                 REFIRT                          174.07          427500           426915.89
        98103153                       PRIMARY                 REFICASHOUT                    6700.76          495000           494236.87
        97839393                       PRIMARY                 REFICASHOUT                   20150.84          459000           457678.39
        98182033                       PRIMARY                 REFICASHOUT                   35380.66          473000           471633.52
       151539681                       PRIMARY                 REFICASHOUT                    7781.77          289000           288214.95
      1707101305      N                PRIMARY                 REFICASHOUT                          0          130000              130000
       151869542                       PRIMARY                 REFICASHOUT                   20366.71          283950           283373.42
        98876196                       PRIMARY                 REFIRT                               0          427000           425742.57
        98394752                       PRIMARY                 REFICASHOUT                  146590.91          471000           469645.79
        99422990                       PRIMARY                 REFICASHOUT                   25508.58          450000           449118.81
        99034555                       PRIMARY                 REFICASHOUT                   12284.36          413250           412754.58
        98394950                       PRIMARY                 REFICASHOUT                   70759.03          252000            250409.4
        98288590                       INVESTOR                REFICASHOUT                   56659.18          219240           218990.14
      1701123087      N                PRIMARY                 REFICASHOUT                          0          376000           375426.02
      1701123130      N                PRIMARY                 PURCH                                0          472000           471279.48
        98349277                       PRIMARY                 REFICASHOUT                   25737.74          378472           377881.95
       151247483                       PRIMARY                 REFICASHOUT                   61873.64          280000           279152.56
        97845234                       PRIMARY                 PURCH                                0          376000           375497.91
        85923779                       PRIMARY                 REFICASHOUT                    3728.58          341000              341000
        98259831                       PRIMARY                 REFICASHOUT                   56161.39          280000           277121.53
        97474951                       PRIMARY                 REFIRT                               0          197400           196856.69
        98838311                       INVESTOR                REFICASHOUT                   58205.32          182750           182424.08
       151406246                       PRIMARY                 REFICASHOUT                   40791.53          456000           454576.09
      1310012528      N                PRIMARY                 PURCH                                0          175200              175200
      1301002110      N                PRIMARY                 PURCH                                0          119000           118652.67
      8500012636      N                PRIMARY                 PURCH                                0          460628           459570.01
      1701122953      N                PRIMARY                 PURCH                                0          252000              252000
        97878276                       PRIMARY                 PURCH                                0          164000           163581.62
      8500012618      N                PRIMARY                 PURCH                                0          400800              400800
      8500012436      N                PRIMARY                 REFICASHOUT                          0          595000           592983.24
      1901025753      N                PRIMARY                 REFICASHOUT                          0          135000           133658.52
      1311004987      N                SECONDHOME              PURCH                                0          123499           123437.62
      1105114884      N                PRIMARY                 PURCH                                0          139200           139114.01
      1707101357      N                PRIMARY                 PURCH                                0          156000              156000
      8500012971      N                PRIMARY                 PURCH                                0          125600           125450.46
      1105115063      N                PRIMARY                 PURCH                                0          223200           222867.66
        97214118                       PRIMARY                 REFICASHOUT                   88114.82          451250           449870.66
        97851034                       PRIMARY                 PURCH                                0          343200           342181.76
        99038390                       PRIMARY                 REFICASHOUT                   17061.26          275000           273805.06
        99487399                       PRIMARY                 PURCH                                0          593100              593000
      1701123306      N                PRIMARY                 PURCH                                0          703200              703200
      1115103457      N                PRIMARY                 PURCH                                0          220000              220000
      1105115086      N                INVESTOR                PURCH                                0           90250               90250
      1707101130      N                PRIMARY                 REFICASHOUT                          0          368000           367663.75
      8500012441      N                PRIMARY                 REFICASHOUT                          0          300000              300000
        99636557                       PRIMARY                 REFICASHOUT                    82900.2          253000           252600.12
        99650798                       PRIMARY                 PURCH                                0          184316           183934.11
        99680837                       PRIMARY                 REFICASHOUT                   33769.16          500000           499523.23
        99635997                       PRIMARY                 PURCH                                0          245480           245252.42
        99646879                       PRIMARY                 PURCH                                0          180653           180264.11
        99735755                       PRIMARY                 REFICASHOUT                    8331.79          341000           339995.81
      1701123475      N                PRIMARY                 PURCH                                0          650000              650000
       151664224                       PRIMARY                 REFICASHOUT                   27156.07          264000           263463.95
       151671625                       PRIMARY                 REFICASHOUT                   17521.57          309500           308277.34
       150216067                       PRIMARY                 REFICASHOUT                     263.09          260000           259895.09
        97834113                       PRIMARY                 REFIRT                               0          213500           213322.28
        99488439                       PRIMARY                 REFICASHOUT                     2971.7          535500           534412.67
      1101003525      N                PRIMARY                 REFICASHOUT                          0         1430000             1430000
      1102001734                       PRIMARY                 REFICASHOUT                          0          165000           163094.38
      1105115180                       INVESTOR                PURCH                                0          124000              124000
        99480394                       PRIMARY                 REFICASHOUT                   91037.99          450000           447100.69
       151765823                       PRIMARY                 REFICASHOUT                   27779.79          315000           314374.46
        98886351                       PRIMARY                 REFICASHOUT                   34496.54          305000            304215.3
        99036634                       PRIMARY                 REFICASHOUT                    3481.04          460000           458655.68
      1115103373      N                PRIMARY                 PURCH                                0          759200              759200
        99561474                       PRIMARY                 REFICASHOUT                   17462.23          495000           493583.59
        99578593                       PRIMARY                 PURCH                                0           92000               91900
       151691326                       PRIMARY                 REFICASHOUT                   23001.63          174500           174024.17
        99586356                       INVESTOR                REFICASHOUT                   31382.43          144000           143767.13
        99608275                       PRIMARY                 REFICASHOUT                   30959.71          495000              495000
        99571838                       PRIMARY                 REFICASHOUT                    2493.06          241200           240591.56
        98713274                       PRIMARY                 REFICASHOUT                  119228.88          360000           358939.86
        97920474                       PRIMARY                 REFICASHOUT                   13581.39          300000           298758.46
        99308033                       PRIMARY                 REFICASHOUT                    36877.3          416000           415185.39
        98450711                       PRIMARY                 REFICASHOUT                  122797.35          720000           719281.19
      1105115199                       INVESTOR                PURCH                                0          504000            503875.2
      1105115213                       PRIMARY                 PURCH                                0          200000           199933.85
      1105115241                       PRIMARY                 REFICASHOUT                          0          368000           367726.89
      1105115284                       PRIMARY                 REFICASHOUT                          0          155000           154884.96
      1105115415                       PRIMARY                 REFICASHOUT                          0          327250           327145.57
      8500012055      N                PRIMARY                 REFICASHOUT                          0          515000           514455.42
      8500012187      N                PRIMARY                 REFIRT                               0          109200           108143.56
      8500012632      N                SECONDHOME              PURCH                                0          198000           197533.82
      8500012294      N                PRIMARY                 PURCH                                0          650000           648469.59
      8500012445      N                PRIMARY                 REFIRT                               0          329600              329600
        98224074                       INVESTOR                PURCH                                0           63900            63819.72
        99506792                       PRIMARY                 REFICASHOUT                   72695.16          448000           446711.92
        98511751                       PRIMARY                 REFICASHOUT                  135357.29          504000           502836.64
       151733706                       PRIMARY                 REFIRT                          682.98          164000           163598.32
      8500012790      N                PRIMARY                 PURCH                                0          253900              253900
        98301799                       PRIMARY                 REFICASHOUT                   10328.42          663000           661128.86
        97954911                       PRIMARY                 REFICASHOUT                   54313.05          437000           435754.24
        96976675                       PRIMARY                 REFICASHOUT                   20405.36          280000           278989.05
        97956155                       PRIMARY                 REFICASHOUT                  135970.16          448500           446661.72
       151631686                       PRIMARY                 REFICASHOUT                   56247.12          285120              285120
      8500012279      N                PRIMARY                 REFIRT                               0          458000              458000
        97837116                       PRIMARY                 REFICASHOUT                   108293.2          290000           289998.68
        99431272                       PRIMARY                 REFICASHOUT                     736.59          357000              357000
       140847922                       PRIMARY                 REFICASHOUT                   51481.71          353000           350329.05
        98983190                       PRIMARY                 REFIRT                               0          112000           111319.32
      8500012793      N                PRIMARY                 PURCH                                0          120850            120247.4
      8500012646      N                PRIMARY                 PURCH                                0          165750              165750
      1105115068      N                PRIMARY                 PURCH                                0          438000           437261.95
      1105115312      N                PRIMARY                 PURCH                                0          202400           202260.85
      8500012802      N                PRIMARY                 PURCH                                0          142400           142064.72
        86081932                       PRIMARY                 REFICASHOUT                    2624.65          272000           271307.14
        98404197                       PRIMARY                 PURCH                                0          240500           239776.76
      1105115188                       PRIMARY                 PURCH                                0           55000            54960.19
        98144876                       PRIMARY                 REFICASHOUT                  195154.77          350400           349059.66
        97953194                       PRIMARY                 REFIRT                         1452.29          314000              314000
      8500012666      N                PRIMARY                 REFIRT                               0          150000           149935.94
      8500012332      N                INVESTOR                REFICASHOUT                          0          400000            395322.5
      1315003373      N                INVESTOR                PURCH                                0          498250           497561.97
      1311004982      N                PRIMARY                 REFICASHOUT                          0          108000           107925.74
      1323001600      N                INVESTOR                PURCH                                0          166700           166432.59
      1323001754      N                INVESTOR                PURCH                                0          199926              199926
      1310012740      N                SECONDHOME              PURCH                                0          295200              295200
        98805237                       INVESTOR                PURCH                                0          332100            331650.8
        99021875                       PRIMARY                 REFICASHOUT                   27227.25          440000           439535.09
        99003279                       PRIMARY                 PURCH                                0          280000              280000
        98147150                       PRIMARY                 REFICASHOUT                   19178.85          608000           606704.12
        98149198                       PRIMARY                 REFICASHOUT                    7073.61          480000              480000
        96496195                       PRIMARY                 REFICASHOUT                    6482.48          515100           514251.02
        97826036                       PRIMARY                 REFICASHOUT                   10320.17          710000            707914.4
        97827158                       PRIMARY                 REFIRT                         1087.83          484000           483072.23
        98776719                       PRIMARY                 REFICASHOUT                   78627.94          437750              437750
        99252835                       PRIMARY                 PURCH                                0          504000            502750.9
        98209752                       PRIMARY                 REFIRT                               0          288500           288118.92
        97882476                       PRIMARY                 REFICASHOUT                   16028.86          346750           346273.66
        98221799                       PRIMARY                 REFICASHOUT                   54007.11          617500            616917.7
       151505229                       PRIMARY                 REFICASHOUT                    8532.59          465000           463895.63
      8500012033      N                PRIMARY                 REFIRT                               0          636000              636000
      8500012307      N                PRIMARY                 PURCH                                0           40900            40362.38
      8500012978      N                PRIMARY                 REFICASHOUT                          0          346000           345372.72
        97563035                       PRIMARY                 REFICASHOUT                  113568.94          293250           292388.58
        97574875                       PRIMARY                 REFIRT                               0          288000           287321.91
        97579395                       PRIMARY                 REFICASHOUT                    5612.85          420000           418385.73
      8500012622      N                PRIMARY                 REFICASHOUT                          0          341000           340104.04
      8500012437      N                INVESTOR                REFICASHOUT                          0          472500              472500
      8500012750      N                PRIMARY                 PURCH                                0          967500              967500
      8500012051      N                PRIMARY                 REFICASHOUT                          0          492000           491438.68
      1706102300      N                PRIMARY                 PURCH                                0          203200           203055.27
      1701123470      N                PRIMARY                 PURCH                                0          436000              436000
      1701123405      N                PRIMARY                 REFICASHOUT                          0          212000              212000
      8500012803      N                PRIMARY                 PURCH                                0           93300               93300
      1310012601      N                PRIMARY                 PURCH                                0          134000              134000
      1310012697      Y                PRIMARY                 PURCH                                0          332000              332000
      1309008828      N                PRIMARY                 PURCH                                0          171450              171450
        98711070                       PRIMARY                 REFICASHOUT                   20152.44          676000           674009.32
        98122799                       PRIMARY                 REFICASHOUT                   40837.28          281450           280341.88
        97597918                       PRIMARY                 REFICASHOUT                   51964.03          306000           304957.72
        85913895                       PRIMARY                 REFICASHOUT                   21431.18          329400           328731.14
        99238230                       PRIMARY                 PURCH                                0          584250           582804.88
      8600013771      N                INVESTOR                REFICASHOUT                          0          250000           249767.61
      1706102249      N                PRIMARY                 PURCH                                0          678400              678400
        97908073                       PRIMARY                 REFICASHOUT                    1593.48          374000           373422.86
        98345432                       PRIMARY                 REFICASHOUT                   31198.26          325600           325169.93
        98350275                       PRIMARY                 REFICASHOUT                    2921.33          408000              408000
        98790637                       PRIMARY                 REFICASHOUT                  150326.79          510000              510000
        99408155                       PRIMARY                 PURCH                                0          373520           372928.42
        98856511                       PRIMARY                 REFIRT                          115.82          306000           305279.54
        98770795                       PRIMARY                 REFIRT                          752.16          678000           677164.28
        99245839                       PRIMARY                 REFICASHOUT                    41858.4          400000           399692.14
        98995475                       PRIMARY                 REFICASHOUT                   18926.72          423000           421953.73
        97863195                       PRIMARY                 PURCH                                0          302400           301881.08
        98427156                       PRIMARY                 REFICASHOUT                          0          480000           478924.61
      1309008864      N                PRIMARY                 PURCH                                0          185000           184688.27
      1301002104      N                PRIMARY                 REFICASHOUT                          0          156000           155054.78
      8500012781      N                PRIMARY                 PURCH                                0          212900           212596.68
        99167470                       PRIMARY                 PURCH                                0          657200              657200
        99173718                       PRIMARY                 REFICASHOUT                   17859.81          377000           376687.69
        98460512                       PRIMARY                 REFICASHOUT                   13910.42          427500           426058.04
        98235153                       PRIMARY                 PURCH                                0          198400           197570.58
        97569354                       PRIMARY                 REFICASHOUT                   15616.96          280000           279527.78
      1705000804      N                PRIMARY                 PURCH                                0          863200              863200
      8500012435      N                PRIMARY                 PURCH                                0          784000              784000
        99661118                       PRIMARY                 REFICASHOUT                   96766.86          297000           296367.05
        99717514                       PRIMARY                 PURCH                                0          270750           270425.42
        99789471                       PRIMARY                 PURCH                                0          296000            295740.2
      1701123048      N                PRIMARY                 REFICASHOUT                          0          452250              452250
      1701123402      N                PRIMARY                 REFICASHOUT                          0          197000              197000
        98289234                       SECONDHOME              PURCH                                0          118150            117859.5
      1105115062      N                PRIMARY                 REFICASHOUT                          0          181000            180723.7
      8500012631      N                PRIMARY                 PURCH                                0          281950           281199.59
       148761406                       PRIMARY                 REFICASHOUT                      26.77          237200           234299.89
        99850752                       INVESTOR                REFICASHOUT                     8755.5          180000           179584.52
       151465804                       PRIMARY                 REFICASHOUT                   83112.21          561000           560365.38
        97577795                       PRIMARY                 REFICASHOUT                   64813.51          300000              300000
        99599714                       PRIMARY                 REFICASHOUT                    1315.23          650000              650000
      8500012628      N                PRIMARY                 PURCH                                0          133250              133250
        97635114                       INVESTOR                REFICASHOUT                     422.18          293250           292531.81
        97844435                       PRIMARY                 REFICASHOUT                    3726.12          280000           279258.52
        97124630                       PRIMARY                 REFICASHOUT                   18122.27          470000           468414.67
        98580830                       PRIMARY                 PURCH                                0          750000            747791.4
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      1310012803      N                SECONDHOME              PURCH                                0          170500              170500
      1312004542      N                INVESTOR                PURCH                                0          228800              228800
      1310012797      N                INVESTOR                PURCH                                0          256000              256000
      1328000218      N                PRIMARY                 PURCH                                0          181500           181222.93
      8600013718      N                PRIMARY                 PURCH                                0          304000           303912.92
      8600013823      N                PRIMARY                 PURCH                                0          486400              486400
      8500012658      N                PRIMARY                 PURCH                                0          116000              116000
      1701123095      N                PRIMARY                 REFICASHOUT                          0          392000              392000
      8600013813      N                INVESTOR                REFICASHOUT                          0          295000              295000
      1105115119      N                PRIMARY                 REFIRT                               0          137000           136142.36
      8500012035      N                PRIMARY                 PURCH                                0          796250           796123.19
      8500012654      N                PRIMARY                 PURCH                                0          191000              191000
      8500012450      N                INVESTOR                REFICASHOUT                          0          294000              294000
      8500012801      N                PRIMARY                 REFICASHOUT                          0          113700           113491.02
      8600013931      N                PRIMARY                 PURCH                                0          500000           499604.31
      8500012751      N                PRIMARY                 PURCH                                0          892500              892500
        97780035                       PRIMARY                 REFICASHOUT                   28882.83          172000           171629.74
        99339194                       INVESTOR                REFICASHOUT                   97124.24          200000           199661.14
        97996953                       PRIMARY                 PURCH                                0          510000              510000
      1701123275      N                SECONDHOME              REFICASHOUT                          0          486000              486000
      1707101205      N                PRIMARY                 PURCH                                0          435200              435200
      1707101329      N                PRIMARY                 PURCH                                0          112000              112000
      8500012058      N                PRIMARY                 PURCH                                0          415200              415200
      8500012974      N                PRIMARY                 REFICASHOUT                          0          132000              130617
      1705000813      N                PRIMARY                 PURCH                                0          301500              301500
      8500012637      N                PRIMARY                 PURCH                                0          164040           164039.99
        99020679                       PRIMARY                 REFICASHOUT                   77791.04          440000           439080.97
      8500012280      N                INVESTOR                REFICASHOUT                          0          875000           874999.95
        97670392                       PRIMARY                 PURCH                                0          303200           302800.83
       151797065                       PRIMARY                 REFICASHOUT                    4758.13          305000              305000
        86077732                       PRIMARY                 PURCH                                0          231729              231729
        98912751                       PRIMARY                 REFIRT                         1501.21          102600           102402.38
      1104001621                       PRIMARY                 REFICASHOUT                          0          240300              240300
      1105115231                       PRIMARY                 PURCH                                0          412000           411843.03
      1105115310                       PRIMARY                 PURCH                                0          152000           151895.39
      1105115402                       INVESTOR                REFICASHOUT                          0          450000           449732.71
        97206916                       PRIMARY                 REFICASHOUT                   19918.88          431250           430477.91
       151201167                       PRIMARY                 REFICASHOUT                     4987.7          297000           295768.47
        98012073                       PRIMARY                 REFICASHOUT                   36069.41          664000           661386.21
      8500012298      N                PRIMARY                 PURCH                                0          424000           422976.74
      8500012789      N                PRIMARY                 PURCH                                0          262750              262750
      8500012644      N                PRIMARY                 REFICASHOUT                          0          530000           528720.94
      8500012645      N                PRIMARY                 PURCH                                0          106400              106400
      1105114669      N                PRIMARY                 PURCH                                0          420000           419758.58
      1701123337      N                PRIMARY                 PURCH                                0          179300              179300
      8500012338      N                PRIMARY                 PURCH                                0          542700           541514.12
      8500012659      N                PRIMARY                 PURCH                                0          191250              191250
      8600013871      N                PRIMARY                 PURCH                                0          860000              860000
        98112030                       PRIMARY                 REFICASHOUT                   17657.41          500000            498527.6
        99106114                       PRIMARY                 REFICASHOUT                  105549.62          465000           463692.53
        98820871                       PRIMARY                 REFIRT                         1930.34          222000           219765.67
        98772437                       PRIMARY                 REFICASHOUT                    2768.14          184000            183362.8
       151862083                       PRIMARY                 REFICASHOUT                   30773.25          270000           269104.32
        98914633                       PRIMARY                 PURCH                                0          176000           175628.66
        98921992                       INVESTOR                PURCH                                0           68800             68212.6
        99172637                       PRIMARY                 REFICASHOUT                    2173.57          272000           271486.64
       150473163                       PRIMARY                 REFICASHOUT                    11992.5          499100           497445.93
        98510233                       PRIMARY                 PURCH                                0          159281           159007.45
       148973407                       PRIMARY                 REFICASHOUT                    60499.2          423000           422141.09
        97037790                       PRIMARY                 REFICASHOUT                   84818.97          364000           362724.03
        97576599                       PRIMARY                 PURCH                                0          304000           303394.73
       151527322                       PRIMARY                 REFICASHOUT                    8088.07          487900              487900
        97596993                       PRIMARY                 PURCH                                0          183920           183546.06
      8500012749      N                PRIMARY                 PURCH                                0          448000              448000
      8500012440      N                PRIMARY                 REFICASHOUT                          0          274000           273386.13
      8500012784      N                PRIMARY                 PURCH                                0          297550              297550
      1701123665      N                PRIMARY                 PURCH                                0          368000              368000
      1115103421      N                PRIMARY                 PURCH                                0          290000           289599.54
      8600013805      N                PRIMARY                 REFICASHOUT                          0          292500           291844.68
      1701123016      N                PRIMARY                 PURCH                                0          372000              372000
       141007880                       PRIMARY                 REFICASHOUT                     779.24          300700           298797.32
       151785920                       PRIMARY                 REFICASHOUT                    4431.94          142200           141675.25
        98327117                       PRIMARY                 REFICASHOUT                  117429.46          417000           415986.27
      1304007771                       PRIMARY                 REFICASHOUT                          0           92000            91931.72
      1308004726                       INVESTOR                PURCH                                0          111100           111015.45
      1309008947                       PRIMARY                 PURCH                                0          222064           221890.77
      1309008951                       PRIMARY                 PURCH                                0          280000              280000
      1309009016                       PRIMARY                 PURCH                                0          146480              146480
      1310012287                       SECONDHOME              PURCH                                0          126650           126333.51
      1310012794                       PRIMARY                 PURCH                                0          144536              144536
      1323001833                       INVESTOR                PURCH                                0          234034              234034
      1326001148                       PRIMARY                 PURCH                                0          244850              244850
      1326001186                       PRIMARY                 REFICASHOUT                          0          121600           121500.32
      1701123010                       PRIMARY                 REFIRT                               0          228000           227808.45
      1701123237                       PRIMARY                 PURCH                                0          540000              540000
      1701123273                       PRIMARY                 PURCH                                0          436000              436000
      1701123347                       INVESTOR                PURCH                                0          271200           271107.06
      1701123358                       PRIMARY                 PURCH                                0          496000              496000
      1701123479                       PRIMARY                 PURCH                                0          351900              351900
      1701123517                       INVESTOR                PURCH                                0          152950              152950
      1701123518                       PRIMARY                 PURCH                                0          620000              620000
      1701123529                       PRIMARY                 PURCH                                0          193200              193200
      1701123567                       PRIMARY                 PURCH                                0          196000              196000
      1701123581                       PRIMARY                 REFICASHOUT                          0          400000              400000
      1701123644                       PRIMARY                 PURCH                                0          324000              324000
      1701123691                       PRIMARY                 REFICASHOUT                          0          385600              385600
      1701123870                       PRIMARY                 REFICASHOUT                          0          478400           478236.06
      1701123898                       PRIMARY                 PURCH                                0          417000           416649.66
      1701123902                       PRIMARY                 REFIRT                               0          140000            139942.5
      1701123941                       PRIMARY                 PURCH                                0          204800              204800
      1701123972                       PRIMARY                 PURCH                                0          268000              268000
      1701124003                       PRIMARY                 PURCH                                0          388000              388000
      1701124018                       PRIMARY                 REFICASHOUT                          0          395000              395000
      1701124031                       PRIMARY                 REFICASHOUT                          0          480000              480000
      1701124063                       PRIMARY                 REFICASHOUT                          0          255500           255290.15
      1701124077                       PRIMARY                 REFICASHOUT                          0           92000               92000
      1701124098                       PRIMARY                 PURCH                                0          152200           152084.19
      1701124109                       PRIMARY                 REFICASHOUT                          0          262400              262400
      1701124119                       PRIMARY                 PURCH                                0          352000              352000
      1701124217                       PRIMARY                 PURCH                                0          320000              320000
      1701124352                       SECONDHOME              PURCH                                0          168000              168000
      1705000811                       INVESTOR                REFICASHOUT                          0          384000              384000
      1706102330                       PRIMARY                 PURCH                                0          176000            175937.5
      1706102381                       INVESTOR                PURCH                                0          176000              176000
      1706102414                       PRIMARY                 REFICASHOUT                          0          448000              448000
      1706102450                       PRIMARY                 PURCH                                0          536000              536000
      1706102470                       PRIMARY                 REFICASHOUT                          0          146400              146400
      1706102474                       INVESTOR                REFICASHOUT                          0          292500           292248.16
      1707101351                       INVESTOR                REFICASHOUT                          0          199500           199456.55
      1707101456                       INVESTOR                PURCH                                0          125600              125600
      1707101671                       PRIMARY                 REFICASHOUT                          0          596000              596000
      1707101677                       PRIMARY                 PURCH                                0          298400              298400
      1707101697                       PRIMARY                 PURCH                                0          247900              247900
      1707101770                       PRIMARY                 PURCH                                0          344000              344000
      1901026518                       PRIMARY                 REFICASHOUT                          0          524500           524048.41
      1901026622                       PRIMARY                 REFICASHOUT                          0          242000              242000
      8500012700                       PRIMARY                 PURCH                                0          131404              131404
      8500012755                       PRIMARY                 PURCH                                0          271200           271181.32
      8500012762                       PRIMARY                 PURCH                                0          348000              348000
      8500012765                       PRIMARY                 PURCH                                0          324000              324000
      8500012768                       INVESTOR                PURCH                                0          200000              199687
      8500012770                       PRIMARY                 PURCH                                0          146400           146295.16
      8500012774                       INVESTOR                PURCH                                0           75410            75291.81
      8500012808                       PRIMARY                 PURCH                                0          479732           478222.16
      8500012821                       PRIMARY                 PURCH                                0          432764              431667
      8500012822                       PRIMARY                 PURCH                                0          425000           423896.08
      8500012827                       PRIMARY                 PURCH                                0          450392           449133.86
      8500012830                       PRIMARY                 PURCH                                0          265506           264925.83
      8500012856                       PRIMARY                 PURCH                                0          268100           267149.79
      8500012881                       PRIMARY                 PURCH                                0          494607           493191.73
      8500012898                       PRIMARY                 PURCH                                0          500000              500000
      8500012923                       PRIMARY                 REFICASHOUT                          0           61750            61664.71
      8500012925                       PRIMARY                 REFICASHOUT                          0          225250            224914.6
      8500012934                       PRIMARY                 REFICASHOUT                          0          212500           212035.63
      8500012937                       PRIMARY                 REFICASHOUT                          0           74000            73823.18
      8500012944                       PRIMARY                 REFICASHOUT                          0           85500            85396.03
      8500012955                       PRIMARY                 REFICASHOUT                          0           63750            63636.25
      8500012964                       PRIMARY                 REFICASHOUT                          0          171000           170544.99
      8500012985                       PRIMARY                 REFIRT                               0          328000           326214.28
      8500013007                       PRIMARY                 PURCH                                0          388000              388000
      8500013016                       PRIMARY                 PURCH                                0          400000           398986.06
      8500013024                       PRIMARY                 PURCH                                0          360000           359087.44
      8500013025                       PRIMARY                 REFIRT                               0          320000           319589.94
      8500013028                       INVESTOR                REFIRT                               0          295000           294252.21
      8500013031                       PRIMARY                 REFIRT                               0          337500              337500
      8500013033                       PRIMARY                 REFIRT                               0          315500           314667.77
      8500013041                       PRIMARY                 REFICASHOUT                          0          177100              177100
      8500013121                       PRIMARY                 REFICASHOUT                          0          283000           282751.47
      8500013124                       PRIMARY                 REFICASHOUT                          0          512000              512000
      8500013137                       PRIMARY                 REFICASHOUT                          0          235950           235595.33
      8500013139                       PRIMARY                 REFIRT                               0          182500           181877.55
      8500013144                       PRIMARY                 REFICASHOUT                          0          345000              345000
      8500013145                       PRIMARY                 PURCH                                0          280000           279516.48
      8500013149                       PRIMARY                 REFICASHOUT                          0          408000           407842.69
      8500013187                       PRIMARY                 PURCH                                0          155500              155500
      8500013209                       SECONDHOME              REFICASHOUT                          0          319500              319500
      8500013214                       PRIMARY                 REFIRT                               0          154800           154557.75
      8500013230                       PRIMARY                 REFICASHOUT                          0          540000              540000
      8500013239                       PRIMARY                 REFICASHOUT                          0          450000              450000
      8500013247                       PRIMARY                 PURCH                                0          639200           637854.13
      8500013253                       PRIMARY                 REFICASHOUT                          0          250000           249568.29
      8500013268                       PRIMARY                 PURCH                                0          160878           160655.84
      8500013280                       PRIMARY                 REFICASHOUT                          0          350000           349395.61
      8500013284                       INVESTOR                REFIRT                               0          175000           173868.38
      8500013285                       INVESTOR                REFIRT                               0          175000           173868.38
      8500013542                       PRIMARY                 PURCH                                0          457600           456918.66
      8500013545                       INVESTOR                PURCH                                0          135592           135363.51
      8500013548                       PRIMARY                 PURCH                                0          148000           147756.66
      8500013615                       PRIMARY                 PURCH                                0          544000              544000
      8500013633                       PRIMARY                 REFICASHOUT                          0          450000           449578.13
      8600013951                       PRIMARY                 PURCH                                0          400000              400000
      8600014094                       PRIMARY                 PURCH                                0          420000              420000
      8600014113                       PRIMARY                 PURCH                                0          488000              488000
      8600014196                       PRIMARY                 REFICASHOUT                          0          304000              304000
      8600014504                       PRIMARY                 PURCH                                0          327510           327412.73
      8600014596                       PRIMARY                 PURCH                                0          284000              284000
      8600014951                       PRIMARY                 REFICASHOUT                          0          235000              235000



loanid                rate          pandi             subsrvfee         nxssfee        othfee         cutoff           origdate
-------------------------------------------------------------------------------------------------------------------------------------
        98374671             7           2661.21               0.5            0.5         0.0175        10/1/2006          5/31/2006
      1310012807          7.25             848.9              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1304007618          7.25           1723.18              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1310012684         7.625             540.1              0.25           0.25         0.0175        10/1/2006          7/18/2006
      1325000258         8.125            428.05              0.25           0.25         0.0175        10/1/2006          7/31/2006
        97636476           6.8           2304.56               0.5            0.5         0.0175        10/1/2006          5/17/2006
      1323001742          7.25            1215.3              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1309008902         7.625            901.66              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1328000223          6.75            994.33              0.25           0.25         0.0175        10/1/2006          7/21/2006
      1326001175          8.25            956.31              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500012342             7           3943.91              0.25           0.25         0.0175        10/1/2006          6/21/2006
      1105115291           7.5            489.45              0.25           0.25         0.0175        10/1/2006          8/10/2006
      8500012647         7.375           1036.01              0.25           0.25         0.0175        10/1/2006          6/22/2006
      1115103480         7.625            764.42              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500012304         6.875           6405.06              0.25           0.25         0.0175        10/1/2006           6/9/2006
      1311005071         7.375            771.92              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8600013697         8.125           1350.78              0.25           0.25         0.0175        10/1/2006          7/12/2006
      1701123359          7.25           1401.36              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500012451           7.5           2433.27              0.25           0.25         0.0175        10/1/2006          6/12/2006
      1105115219           7.5              1065              0.25           0.25         0.0175        10/1/2006          7/28/2006
        98392038           6.1           3332.98               0.5            0.5         0.0175        10/1/2006          6/26/2006
        98321755          6.75            2227.5               0.5            0.5         0.0175        10/1/2006          6/21/2006
        99479271           7.6           1959.36               0.5            0.5         0.0175        10/1/2006          7/10/2006
        98394075          10.1            991.17               0.5            0.5         0.0175        10/1/2006          6/26/2006
        99479792           8.1           3483.37               0.5            0.5         0.0175        10/1/2006          6/30/2006
        97497192          7.45           2797.47               0.5            0.5         0.0175        10/1/2006          5/31/2006
        98103153          6.99            3072.5               0.5            0.5         0.0175        10/1/2006          5/26/2006
        97839393           7.7           3272.49               0.5            0.5         0.0175        10/1/2006          5/24/2006
        98182033           6.2           2896.98               0.5            0.5         0.0175        10/1/2006           6/5/2006
       151539681          7.99           2118.57               0.5            0.5         0.0175        10/1/2006          5/30/2006
      1707101305         7.375            798.96              0.25           0.25         0.0175        10/1/2006          7/14/2006
       151869542          7.99           2081.55               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98876196           6.1            2587.6               0.5            0.5         0.0175        10/1/2006          6/14/2006
        98394752         6.225           2892.38               0.5            0.5         0.0175        10/1/2006          6/28/2006
        99422990           6.1           2726.98               0.5            0.5         0.0175        10/1/2006           7/5/2006
        99034555          6.85           2523.17               0.5            0.5         0.0175        10/1/2006          6/19/2006
        98394950          6.35           1568.04               0.5            0.5         0.0175        10/1/2006          6/12/2006
        98288590         10.75           2046.57               0.5            0.5         0.0175        10/1/2006          6/21/2006
      1701123087         7.375           2596.94              0.25           0.25         0.0175        10/1/2006          7/13/2006
      1701123130         7.375           3259.99              0.25           0.25         0.0175        10/1/2006          7/11/2006
        98349277          6.95           2338.22               0.5            0.5         0.0175        10/1/2006           6/5/2006
       151247483          7.45           1948.23               0.5            0.5         0.0175        10/1/2006          5/16/2006
        97845234           7.5           2474.35               0.5            0.5         0.0175        10/1/2006          5/31/2006
        85923779           6.6            1875.5               0.5            0.5         0.0175        10/1/2006          6/16/2006
        98259831           6.1           2377.96               0.5            0.5         0.0175        10/1/2006          6/16/2006
        97474951         7.925           1438.15               0.5            0.5         0.0175        10/1/2006          5/10/2006
        98838311         8.627           1421.68               0.5            0.5         0.0175        10/1/2006           7/6/2006
       151406246           7.3           3126.21               0.5            0.5         0.0175        10/1/2006          5/15/2006
      1310012528          7.25            1058.5              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1301002110          7.25            718.21              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500012636         7.375           3181.44              0.25           0.25         0.0175        10/1/2006          6/28/2006
      1701122953         7.625           1601.25              0.25           0.25         0.0175        10/1/2006          7/10/2006
        97878276           8.3           1237.85               0.5            0.5         0.0175        10/1/2006          5/31/2006
      8500012618         8.625           2880.75              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012436         6.875           3908.73              0.25           0.25         0.0175        10/1/2006           5/4/2006
      1901025753           6.5           1175.99              0.25           0.25         0.0175        10/1/2006          6/12/2006
      1311004987           8.5            905.36              0.25           0.25         0.0175        10/1/2006          7/17/2006
      1105114884          7.75            941.85              0.25           0.25         0.0175        10/1/2006          7/17/2006
      1707101357          7.75            1007.5              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500012971         6.875            769.14              0.25           0.25         0.0175        10/1/2006          6/12/2006
      1105115063           7.5           1560.65              0.25           0.25         0.0175        10/1/2006          7/20/2006
        97214118           7.4           3124.37               0.5            0.5         0.0175        10/1/2006          5/15/2006
        97851034          7.55           2411.47               0.5            0.5         0.0175        10/1/2006          5/25/2006
        99038390           6.5           1738.19               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99487399           6.5           3212.63               0.5            0.5         0.0175        10/1/2006          6/29/2006
      1701123306         7.625           4468.25              0.25           0.25         0.0175        10/1/2006          7/11/2006
      1115103457         7.375           1352.08              0.25           0.25         0.0175        10/1/2006          7/25/2006
      1105115086           8.5            639.27              0.25           0.25         0.0175        10/1/2006          7/19/2006
      1707101130         7.625           2455.76              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500012441          6.75            1687.5              0.25           0.25         0.0175        10/1/2006          6/20/2006
        99636557           7.2           1717.34               0.5            0.5         0.0175        10/1/2006           7/5/2006
        99650798           7.9           1339.62               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99680837           6.2            2821.1               0.5            0.5         0.0175        10/1/2006           7/6/2006
        99635997           9.8           2118.08               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99646879           7.7           1287.99               0.5            0.5         0.0175        10/1/2006          6/30/2006
        99735755           6.1           2066.45               0.5            0.5         0.0175        10/1/2006          6/30/2006
      1701123475         7.125           3859.38              0.25           0.25         0.0175        10/1/2006          7/25/2006
       151664224          7.99            1935.3               0.5            0.5         0.0175        10/1/2006          6/16/2006
       151671625         6.625           2114.01               0.5            0.5         0.0175        10/1/2006          6/23/2006
       150216067             7           1516.67               0.5            0.5         0.0175        10/1/2006          6/12/2006
        97834113           8.2           1516.63               0.5            0.5         0.0175        10/1/2006          6/26/2006
        99488439          7.99           3925.58               0.5            0.5         0.0175        10/1/2006          6/30/2006
      1101003525          7.75           9235.42              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1102001734          8.25           1132.86              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1105115180           8.5            878.33              0.25           0.25         0.0175        10/1/2006           8/8/2006
        99480394           6.1           2726.98               0.5            0.5         0.0175        10/1/2006          6/28/2006
       151765823           8.1           2333.36               0.5            0.5         0.0175        10/1/2006          6/23/2006
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      1115103373          7.75           4903.17              0.25           0.25         0.0175        10/1/2006          7/25/2006
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        99578593          7.25            555.83               0.5            0.5         0.0175        10/1/2006           7/6/2006
       151691326           6.5           1102.96               0.5            0.5         0.0175        10/1/2006          6/16/2006
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        99571838           6.9           1588.55               0.5            0.5         0.0175        10/1/2006          6/30/2006
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        97920474           6.1           1817.99               0.5            0.5         0.0175        10/1/2006          5/30/2006
        99308033           6.1           2520.94               0.5            0.5         0.0175        10/1/2006           7/7/2006
        98450711           7.5           4738.11               0.5            0.5         0.0175        10/1/2006          6/16/2006
      1105115199           8.5           3875.32              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1105115213           7.5           1398.43              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1105115241           7.5           2573.11              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1105115284           7.5           1083.78              0.25           0.25         0.0175        10/1/2006           8/2/2006
      1105115415         7.625           2316.26              0.25           0.25         0.0175        10/1/2006           8/2/2006
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      8500012187          6.99            980.91              0.25           0.25         0.0175        10/1/2006          6/15/2006
      8500012632          7.25           1350.71              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012294          7.25           4434.15              0.25           0.25         0.0175        10/1/2006           6/7/2006
      8500012445         6.875           1888.33              0.25           0.25         0.0175        10/1/2006           6/1/2006
        98224074        10.297            574.85               0.5            0.5         0.0175        10/1/2006          6/20/2006
        99506792         6.225           2751.14               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98511751          7.35           3472.42               0.5            0.5         0.0175        10/1/2006          6/28/2006
       151733706          7.05           1096.61               0.5            0.5         0.0175        10/1/2006          6/28/2006
      8500012790          7.99           1690.55              0.25           0.25         0.0175        10/1/2006          6/28/2006
        98301799           7.8           4772.75               0.5            0.5         0.0175        10/1/2006           6/7/2006
        97954911          7.75           3130.73               0.5            0.5         0.0175        10/1/2006          5/30/2006
        96976675          6.55           1779.01               0.5            0.5         0.0175        10/1/2006           5/8/2006
        97956155          6.35           2790.73               0.5            0.5         0.0175        10/1/2006          5/31/2006
       151631686          7.55           1793.88               0.5            0.5         0.0175        10/1/2006          5/31/2006
      8500012279         6.875           2623.96              0.25           0.25         0.0175        10/1/2006           6/9/2006
        97837116             7           1691.67               0.5            0.5         0.0175        10/1/2006          5/19/2006
        99431272          5.95           1770.13               0.5            0.5         0.0175        10/1/2006          6/27/2006
       140847922          6.99           2346.15               0.5            0.5         0.0175        10/1/2006         12/19/2005
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      8500012793         7.125            814.19              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012646          7.25           1001.41              0.25           0.25         0.0175        10/1/2006          6/23/2006
      1105115068         6.875           2877.35              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1105115312         7.375           1313.28              0.25           0.25         0.0175        10/1/2006          7/27/2006
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      1105115188         7.625            389.29              0.25           0.25         0.0175        10/1/2006           8/8/2006
        98144876          6.25           2157.48               0.5            0.5         0.0175        10/1/2006           6/2/2006
        97953194          6.15           1609.25               0.5            0.5         0.0175        10/1/2006          5/30/2006
      8500012666          6.75            843.75              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012332          6.75           3041.46              0.25           0.25         0.0175        10/1/2006          6/12/2006
      1315003373         7.875           3612.66              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1311004982         7.375            700.76              0.25           0.25         0.0175        10/1/2006          7/21/2006
      1323001600         7.125           1123.09              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1323001754          8.25           1374.49              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1310012740         7.375           1814.25              0.25           0.25         0.0175        10/1/2006          7/21/2006
        98805237          9.95           2902.16               0.5            0.5         0.0175        10/1/2006          6/16/2006
        99021875           7.3            2830.7               0.5            0.5         0.0175        10/1/2006          6/21/2006
        99003279           7.6           1773.33               0.5            0.5         0.0175        10/1/2006          6/23/2006
        98147150          7.75           4355.79               0.5            0.5         0.0175        10/1/2006           6/6/2006
        98149198          6.99              2796               0.5            0.5         0.0175        10/1/2006          5/31/2006
        96496195          6.75            3107.9               0.5            0.5         0.0175        10/1/2006          5/10/2006
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        97827158           6.2           2730.82               0.5            0.5         0.0175        10/1/2006          5/18/2006
        98776719           6.2           2261.71               0.5            0.5         0.0175        10/1/2006          6/13/2006
        99252835          6.99           3349.75               0.5            0.5         0.0175        10/1/2006          6/20/2006
        98209752           6.5           1689.05               0.5            0.5         0.0175        10/1/2006           6/5/2006
        97882476           7.4           2256.28               0.5            0.5         0.0175        10/1/2006          5/26/2006
        98221799           7.7           4155.15               0.5            0.5         0.0175        10/1/2006           6/1/2006
       151505229          8.65              3625               0.5            0.5         0.0175        10/1/2006          5/19/2006
      8500012033         6.125           3246.25              0.25           0.25         0.0175        10/1/2006           6/5/2006
      8500012307         6.625             359.1              0.25           0.25         0.0175        10/1/2006          5/30/2006
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      8500012437         7.125           2805.47              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012750             8              6450              0.25           0.25         0.0175        10/1/2006          6/14/2006
      8500012051           6.5              2665              0.25           0.25         0.0175        10/1/2006           4/6/2006
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      1701123470         7.125           2588.75              0.25           0.25         0.0175        10/1/2006          7/25/2006
      1701123405          6.99            1234.9              0.25           0.25         0.0175        10/1/2006          7/20/2006
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      1310012601             7            781.67              0.25           0.25         0.0175        10/1/2006          7/21/2006
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      1309008828         6.875            982.27              0.25           0.25         0.0175        10/1/2006          7/25/2006
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        98122799           6.1           1705.58               0.5            0.5         0.0175        10/1/2006          5/25/2006
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        99238230             7           3887.03               0.5            0.5         0.0175        10/1/2006          6/30/2006
      8600013771          7.75           1691.55              0.25           0.25         0.0175        10/1/2006          6/23/2006
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        98345432           6.5           1906.25               0.5            0.5         0.0175        10/1/2006           6/5/2006
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      1105115062         7.375           1250.12              0.25           0.25         0.0175        10/1/2006          7/14/2006
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       148761406           7.5           1910.87               0.5            0.5         0.0175        10/1/2006          4/13/2006
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       151465804          8.85           4453.52               0.5            0.5         0.0175        10/1/2006           7/5/2006
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        97124630           6.9           3095.43               0.5            0.5         0.0175        10/1/2006          5/23/2006
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        86148731          6.85           2778.08               0.5            0.5         0.0175        10/1/2006           7/7/2006
        97503874          6.75           3437.57               0.5            0.5         0.0175        10/1/2006          5/19/2006
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        98386717          6.55           4835.09               0.5            0.5         0.0175        10/1/2006          5/31/2006
        98204076          6.99           2091.78               0.5            0.5         0.0175        10/1/2006           7/5/2006
        99309395             7           3132.02               0.5            0.5         0.0175        10/1/2006          6/29/2006
       149852626           7.3           2125.27               0.5            0.5         0.0175        10/1/2006           5/5/2006
        99240632             7           2717.77               0.5            0.5         0.0175        10/1/2006          6/21/2006
      8500012788             7           1146.25              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012662         8.125            919.95              0.25           0.25         0.0175        10/1/2006          6/27/2006
      8500012328         6.875           1387.43              0.25           0.25         0.0175        10/1/2006          6/14/2006
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        97399430           6.3           3274.37               0.5            0.5         0.0175        10/1/2006          5/17/2006
       151571908          7.75           2519.27               0.5            0.5         0.0175        10/1/2006          5/30/2006
        85606770         8.875            865.67               0.5            0.5         0.0175        10/1/2006          5/24/2006
        97293674          7.98              2019               0.5            0.5         0.0175        10/1/2006          5/16/2006
        97465918           7.3           3187.91               0.5            0.5         0.0175        10/1/2006          5/23/2006
        97617757          7.65           3575.96               0.5            0.5         0.0175        10/1/2006           6/6/2006
        98086630           6.8            2640.3               0.5            0.5         0.0175        10/1/2006           6/7/2006
        98087836          7.75           2749.11               0.5            0.5         0.0175        10/1/2006          5/24/2006
        97432314          8.55           2954.66               0.5            0.5         0.0175        10/1/2006          5/11/2006
        97624795             9           2735.72               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97625230           7.1           4375.81               0.5            0.5         0.0175        10/1/2006          5/15/2006
        97445555          7.75           3209.53               0.5            0.5         0.0175        10/1/2006           6/2/2006
        96467196          6.05            1882.6               0.5            0.5         0.0175        10/1/2006           5/3/2006
      1105115458         6.875           1266.23              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1105115466          7.25           1719.08              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1105115548          7.25           1702.71              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1105115550          7.75            902.68              0.25           0.25         0.0175        10/1/2006          8/22/2006
        98753437          6.85           2491.11               0.5            0.5         0.0175        10/1/2006          6/14/2006
        98810153          8.35           1789.61               0.5            0.5         0.0175        10/1/2006          6/13/2006
        85886018          7.75              1395               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97400956          8.35           2593.42               0.5            0.5         0.0175        10/1/2006          5/16/2006
        96560677          7.75           2321.18               0.5            0.5         0.0175        10/1/2006          5/12/2006
        98945710          7.75           1360.01               0.5            0.5         0.0175        10/1/2006          6/21/2006
        98841273          6.99           1288.06               0.5            0.5         0.0175        10/1/2006          6/20/2006
       151480282          8.25           3269.38               0.5            0.5         0.0175        10/1/2006          5/26/2006
        97858112           6.1           3742.02               0.5            0.5         0.0175        10/1/2006          5/22/2006
        98424237           7.4           2371.78               0.5            0.5         0.0175        10/1/2006           6/9/2006
      1310012739         7.375           3072.92              0.25           0.25         0.0175        10/1/2006          7/18/2006
      1115103511             8            440.26              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1707100861           8.5              1785              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500012053         7.125           3368.59              0.25           0.25         0.0175        10/1/2006          5/25/2006
      8500012787         7.125            890.03              0.25           0.25         0.0175        10/1/2006          6/26/2006
        99617193           5.9           1186.28               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99672354           8.1           2162.99               0.5            0.5         0.0175        10/1/2006          6/29/2006
        99646150          7.85            896.94               0.5            0.5         0.0175        10/1/2006          6/30/2006
       150646446          9.45             894.4               0.5            0.5         0.0175        10/1/2006          6/20/2006
        99721037           7.4           3669.17               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99705238          7.55            1461.5               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99853798          7.35           1009.35               0.5            0.5         0.0175        10/1/2006           7/6/2006
      1707101109          7.25           4934.53              0.25           0.25         0.0175        10/1/2006          7/19/2006
       151513264          7.75           1091.87               0.5            0.5         0.0175        10/1/2006          6/13/2006
        98516677         6.125           2662.01               0.5            0.5         0.0175        10/1/2006          6/22/2006
        97591119           6.1           3114.18               0.5            0.5         0.0175        10/1/2006          6/23/2006
        99614836          7.99            1682.4               0.5            0.5         0.0175        10/1/2006           7/6/2006
        97972236           8.2           1911.27               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97912034           6.1           4544.97               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97506836           6.1           1706.73               0.5            0.5         0.0175        10/1/2006          5/17/2006
        97512479          7.95            789.59               0.5            0.5         0.0175        10/1/2006          5/16/2006
        85656577          7.15           2363.93               0.5            0.5         0.0175        10/1/2006          5/16/2006
        98249113           6.2           2081.97               0.5            0.5         0.0175        10/1/2006           6/1/2006
        97227037          8.45           4477.44               0.5            0.5         0.0175        10/1/2006          5/30/2006
       149774481          7.05           1932.44               0.5            0.5         0.0175        10/1/2006          5/10/2006
        97362198          7.35           3501.71               0.5            0.5         0.0175        10/1/2006          5/19/2006
       151018728           7.8           2062.43               0.5            0.5         0.0175        10/1/2006           5/4/2006
        96954110          7.55           1545.82               0.5            0.5         0.0175        10/1/2006          5/10/2006
        85805695           7.6           2491.54               0.5            0.5         0.0175        10/1/2006          5/17/2006
        98319437           7.3           2056.72               0.5            0.5         0.0175        10/1/2006          5/30/2006
      1105115588         7.375            2212.5              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1105115604         6.875            404.01              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1105115622           7.5           2545.14              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1105115634         8.125           1262.25              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1105115652             8           3573.33              0.25           0.25         0.0175        10/1/2006          8/31/2006
        96958319          8.15           2722.09               0.5            0.5         0.0175        10/1/2006          5/17/2006
        98290638           6.5           2116.17               0.5            0.5         0.0175        10/1/2006           7/7/2006
        99571994           6.1           1999.79               0.5            0.5         0.0175        10/1/2006          6/30/2006
      8500012625         7.125           1290.84              0.25           0.25         0.0175        10/1/2006          6/30/2006
      1707101094         7.875           1763.67              0.25           0.25         0.0175        10/1/2006          7/17/2006
      1105115676         7.625            1925.2              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1111002590         6.875            2759.1              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1112000707          7.75              4650              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1115103465         7.875            942.59              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1115103516          7.25           1643.33              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500012656           7.5              1030              0.25           0.25         0.0175        10/1/2006          6/15/2006
      1701122639           7.5            4687.5              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500012044          6.25            4972.2              0.25           0.25         0.0175        10/1/2006          5/25/2006
        40622467         7.625            849.35               0.5            0.5         0.0175        10/1/2006          6/26/2006
        85709178           6.1           3181.48               0.5            0.5         0.0175        10/1/2006          5/16/2006
      1115103624           7.5            2936.7              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1115103628           9.5              1710              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1115103668          7.25            1873.6              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1115103671          7.25            1290.5              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1115103710         6.875           1471.52              0.25           0.25         0.0175        10/1/2006          8/16/2006
        85702777          7.25           2430.76               0.5            0.5         0.0175        10/1/2006           6/9/2006
        97459754          6.35           2240.05               0.5            0.5         0.0175        10/1/2006          5/12/2006
        97459796          6.99           1926.11               0.5            0.5         0.0175        10/1/2006          5/16/2006
        98545833           7.4           1931.74               0.5            0.5         0.0175        10/1/2006           6/7/2006
        97293476          6.05           1818.86               0.5            0.5         0.0175        10/1/2006          5/10/2006
      1115103729          7.25             620.6              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1115103734          7.75            878.33              0.25           0.25         0.0175        10/1/2006          8/25/2006
        96679113          6.75           1971.74               0.5            0.5         0.0175        10/1/2006           5/1/2006
      8500012448         7.375           1996.17              0.25           0.25         0.0175        10/1/2006           6/8/2006
      1323001740         9.875           1030.13              0.25           0.25         0.0175        10/1/2006          7/24/2006
        96981352           8.5           1197.24               0.5            0.5         0.0175        10/1/2006          5/10/2006
        97513915          7.45           1680.76               0.5            0.5         0.0175        10/1/2006          5/11/2006
        96933478          7.45           1502.92               0.5            0.5         0.0175        10/1/2006          5/15/2006
        97467955          7.15           1242.75               0.5            0.5         0.0175        10/1/2006          5/30/2006
        97620033          8.49           2243.16               0.5            0.5         0.0175        10/1/2006          5/26/2006
        96990916          6.75           3583.89               0.5            0.5         0.0175        10/1/2006          5/12/2006
        97743439          6.95            2293.6               0.5            0.5         0.0175        10/1/2006          5/24/2006
        97523070          9.55           4188.75               0.5            0.5         0.0175        10/1/2006          5/19/2006
        97691034          8.15           2432.45               0.5            0.5         0.0175        10/1/2006          5/22/2006
        97137111          6.15            773.72               0.5            0.5         0.0175        10/1/2006          5/10/2006
        96462510          6.99           2004.53               0.5            0.5         0.0175        10/1/2006           6/5/2006
        97487276          9.05           2489.33               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97487755           6.5           3261.48               0.5            0.5         0.0175        10/1/2006          5/12/2006
       149224503          7.75           2940.16               0.5            0.5         0.0175        10/1/2006          5/23/2006
        97531750           7.5           2213.02               0.5            0.5         0.0175        10/1/2006          5/17/2006
      8500012982           6.5           1662.92              0.25           0.25         0.0175        10/1/2006          6/24/2006
        98197551          9.35           1201.08               0.5            0.5         0.0175        10/1/2006          5/31/2006
       150469104          8.75           2341.23               0.5            0.5         0.0175        10/1/2006          5/10/2006
        98502115           6.8           2607.71               0.5            0.5         0.0175        10/1/2006           6/7/2006
        99451114          6.35           1866.71               0.5            0.5         0.0175        10/1/2006          6/29/2006
        97527436          6.75           3362.99               0.5            0.5         0.0175        10/1/2006          6/19/2006
      1124001291           7.5           2718.75              0.25           0.25         0.0175        10/1/2006          7/20/2006
        40629629         7.625            687.98               0.5            0.5         0.0175        10/1/2006          6/23/2006
      1301002085           7.5              1375              0.25           0.25         0.0175        10/1/2006          7/13/2006
        85916815          8.25            1953.3               0.5            0.5         0.0175        10/1/2006          6/23/2006
        98536279             8           1809.47               0.5            0.5         0.0175        10/1/2006           7/5/2006
        86124575          8.85            500.13               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98647639           6.1           2120.99               0.5            0.5         0.0175        10/1/2006          6/22/2006
        97307953         7.539           3684.91               0.5            0.5         0.0175        10/1/2006          6/28/2006
        98254311             6            906.53               0.5            0.5         0.0175        10/1/2006          6/26/2006
        97495634           6.5           2149.04               0.5            0.5         0.0175        10/1/2006          5/26/2006
      1105115551          7.75            813.75              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1105115637         7.875           3480.33              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1105115747         7.625           3001.05              0.25           0.25         0.0175        10/1/2006          8/22/2006
      1105115836          6.99           1220.92              0.25           0.25         0.0175        10/1/2006          8/21/2006
        98572993           7.1            2016.1               0.5            0.5         0.0175        10/1/2006          6/13/2006
        98681356           7.6            1638.1               0.5            0.5         0.0175        10/1/2006          6/19/2006
        98576473          6.35           2296.58               0.5            0.5         0.0175        10/1/2006          6/16/2006
      1701122538         8.125           1627.55              0.25           0.25         0.0175        10/1/2006          7/20/2006
      8500012446         7.125            979.69              0.25           0.25         0.0175        10/1/2006           6/5/2006
      1115103477         7.375            555.99              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1115103594          7.25               870              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1115103746           7.5               570              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1115103770          6.75           2672.22              0.25           0.25         0.0175        10/1/2006          8/29/2006
      1120100309          7.25            920.94              0.25           0.25         0.0175        10/1/2006          8/10/2006
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        97166995           9.7             633.8               0.5            0.5         0.0175        10/1/2006          6/13/2006
        98480510         7.375           2334.49               0.5            0.5         0.0175        10/1/2006           6/7/2006
        99464075          7.05           3376.76               0.5            0.5         0.0175        10/1/2006           7/7/2006
        98863392           6.1           3211.78               0.5            0.5         0.0175        10/1/2006          6/19/2006
      1122000176         8.875           2880.68              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1125100109         6.875           1734.29              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1125100163           6.5            1346.3              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1125100167         7.875            290.03              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1125100170         7.375           1685.25              0.25           0.25         0.0175        10/1/2006          8/23/2006
        97418156          6.65           2067.13               0.5            0.5         0.0175        10/1/2006          5/16/2006
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        97681118          6.95           2383.02               0.5            0.5         0.0175        10/1/2006          5/22/2006
        97687511           9.7           1625.43               0.5            0.5         0.0175        10/1/2006          5/12/2006
        97479711          7.65           1986.65               0.5            0.5         0.0175        10/1/2006          5/23/2006
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        98470792          7.95           3191.34               0.5            0.5         0.0175        10/1/2006           6/5/2006
       150896801         6.875           1898.53               0.5            0.5         0.0175        10/1/2006          5/17/2006
        98786155          8.35           1368.03               0.5            0.5         0.0175        10/1/2006           7/7/2006
        97347231           7.3           2056.72               0.5            0.5         0.0175        10/1/2006          5/10/2006
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        98311756           6.3           3466.25               0.5            0.5         0.0175        10/1/2006           6/1/2006
        97081756             8              1980               0.5            0.5         0.0175        10/1/2006          5/16/2006
       150962389           7.3           1974.45               0.5            0.5         0.0175        10/1/2006           5/5/2006
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      1701123447         6.875            1286.2              0.25           0.25         0.0175        10/1/2006          7/20/2006
      1706102338          7.25           1242.17              0.25           0.25         0.0175        10/1/2006          7/20/2006
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        98186398          6.05            1567.2               0.5            0.5         0.0175        10/1/2006           6/8/2006
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      1105115464         6.875           4251.64              0.25           0.25         0.0175        10/1/2006          8/11/2006
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        98536238             8              1719               0.5            0.5         0.0175        10/1/2006           7/5/2006
      1115103191             8           2659.22              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1115103552         7.875           1679.48              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1115103605          7.99               799              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1115103617         6.875           2824.79              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1120100306          7.25            998.71              0.25           0.25         0.0175        10/1/2006          7/31/2006
        99390312          8.35           3222.82               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98570070         9.925            1001.1               0.5            0.5         0.0175        10/1/2006          6/23/2006
       100052711           9.1            935.23               0.5            0.5         0.0175        10/1/2006          7/12/2006
      8500012639           8.5            764.43              0.25           0.25         0.0175        10/1/2006          6/22/2006
        98052954          8.85            603.33               0.5            0.5         0.0175        10/1/2006          6/20/2006
      1301002142          7.75           2686.67              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1301002163         7.875           1132.03              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1304007637         7.875            487.27              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1304007756           7.5              1000              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1308004546         7.625            948.55              0.25           0.25         0.0175        10/1/2006          8/11/2006
        98959877         8.025           2059.43               0.5            0.5         0.0175        10/1/2006          6/21/2006
        97721039          6.85            2422.5               0.5            0.5         0.0175        10/1/2006          5/24/2006
        98063951           7.6           2097.05               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97931471           6.6              1650               0.5            0.5         0.0175        10/1/2006          5/18/2006
        97933915           8.4           1121.81               0.5            0.5         0.0175        10/1/2006           6/1/2006
      1310012856         7.375            819.12              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1310012885         8.875            673.12              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1312004557         6.625           2760.42              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1315003340          7.25           1329.17              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1323001812         7.375           2089.58              0.25           0.25         0.0175        10/1/2006           8/4/2006
        97253074           7.7            958.22               0.5            0.5         0.0175        10/1/2006          5/18/2006
       151563442          8.99            3713.8               0.5            0.5         0.0175        10/1/2006          5/30/2006
        96865274          6.99            3075.6               0.5            0.5         0.0175        10/1/2006          5/16/2006
        99598799          7.99           2167.04               0.5            0.5         0.0175        10/1/2006          6/30/2006
        99148876           7.2           3358.14               0.5            0.5         0.0175        10/1/2006          6/20/2006
      1323001825         7.875            443.76              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1323001832         7.375            349.48              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1323001853          8.25            955.97              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1326001198         7.375           1935.32              0.25           0.25         0.0175        10/1/2006          8/22/2006
      1326001218         6.875            961.93              0.25           0.25         0.0175        10/1/2006          8/24/2006
        97788632          6.25           2462.87               0.5            0.5         0.0175        10/1/2006          6/12/2006
        98812597           9.1            597.51               0.5            0.5         0.0175        10/1/2006          6/23/2006
       150712404          8.35           2887.64               0.5            0.5         0.0175        10/1/2006           5/4/2006
       149127102         6.875           2069.33               0.5            0.5         0.0175        10/1/2006          5/18/2006
        40620979             7            678.61               0.5            0.5         0.0175        10/1/2006          6/23/2006
      1326001225          6.25            745.42              0.25           0.25         0.0175        10/1/2006          8/30/2006
      1701123444           7.5           1168.75              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701123702             7           3033.33              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1701123708         7.125           1959.38              0.25           0.25         0.0175        10/1/2006           8/7/2006
      1701123742         6.875           2759.17              0.25           0.25         0.0175        10/1/2006           8/9/2006
        40610650           7.5            1157.9               0.5            0.5         0.0175        10/1/2006          6/22/2006
        40607401         7.375            811.54               0.5            0.5         0.0175        10/1/2006          6/21/2006
        40597050         7.125           2134.34               0.5            0.5         0.0175        10/1/2006          3/31/2006
        97945794          6.85           3800.51               0.5            0.5         0.0175        10/1/2006          5/23/2006
      8500012447           7.5           1722.86              0.25           0.25         0.0175        10/1/2006           6/2/2006
      1701123748          6.99           2603.78              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1701123784           7.5              2375              0.25           0.25         0.0175        10/1/2006          8/22/2006
      1701123855             7            821.65              0.25           0.25         0.0175        10/1/2006          8/22/2006
      1701123886          6.75            2470.5              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701124049         6.875           2818.75              0.25           0.25         0.0175        10/1/2006          8/18/2006
      8500012794         7.125            648.38              0.25           0.25         0.0175        10/1/2006          6/30/2006
      1701123439          7.25           3794.17              0.25           0.25         0.0175        10/1/2006          7/18/2006
      1701123319         7.375           2704.17              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500012642         8.125           3049.88              0.25           0.25         0.0175        10/1/2006          6/23/2006
      1701123282          7.25           1510.42              0.25           0.25         0.0175        10/1/2006          7/20/2006
      1701124088         7.125            735.95              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1701124102          6.99           2999.88              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1701124122           6.5              1498              0.25           0.25         0.0175        10/1/2006          8/23/2006
        98785470           6.2           2296.76               0.5            0.5         0.0175        10/1/2006          6/23/2006
        98824675          6.25           2025.71               0.5            0.5         0.0175        10/1/2006          6/14/2006
      1105115173          6.99           1117.93              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8500012792          7.25            726.18              0.25           0.25         0.0175        10/1/2006          6/21/2006
      8500012791           6.5           1025.38              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012640          7.25           3137.74              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012442          7.25           1019.83              0.25           0.25         0.0175        10/1/2006          6/26/2006
        98467392           7.5           2010.25               0.5            0.5         0.0175        10/1/2006          6/30/2006
      8500012303         6.625            3319.4              0.25           0.25         0.0175        10/1/2006           6/8/2006
      1701123406          6.99           1370.04              0.25           0.25         0.0175        10/1/2006          7/17/2006
      1330000119          7.25           1981.67              0.25           0.25         0.0175        10/1/2006          7/17/2006
      1310012748          7.75            914.82              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500012634          6.75           3656.25              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012786         7.625            904.83              0.25           0.25         0.0175        10/1/2006          6/29/2006
        99297392          7.49           2616.19               0.5            0.5         0.0175        10/1/2006          6/23/2006
       151898400          6.99            1621.7               0.5            0.5         0.0175        10/1/2006          6/23/2006
       151506763          7.99            850.36               0.5            0.5         0.0175        10/1/2006          6/19/2006
      8500012661         6.875              2200              0.25           0.25         0.0175        10/1/2006          6/21/2006
        98187834          6.65           3145.63               0.5            0.5         0.0175        10/1/2006          5/26/2006
        99007437           6.7           2258.48               0.5            0.5         0.0175        10/1/2006          6/23/2006
        99399990          7.75           1676.41               0.5            0.5         0.0175        10/1/2006          6/30/2006
        99400111           8.5            952.84               0.5            0.5         0.0175        10/1/2006          6/30/2006
        99195836          7.65           3086.39               0.5            0.5         0.0175        10/1/2006          6/26/2006
        98351356           7.3              3285               0.5            0.5         0.0175        10/1/2006          6/30/2006
        99265159         10.75            866.28               0.5            0.5         0.0175        10/1/2006           7/5/2006
      1309008788             7           1016.87              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1309008500           7.5            798.23              0.25           0.25         0.0175        10/1/2006          7/21/2006
        98629439           6.1           3557.19               0.5            0.5         0.0175        10/1/2006          6/26/2006
       151728482          7.99            876.02               0.5            0.5         0.0175        10/1/2006          7/12/2006
        98692395           6.5           2022.62               0.5            0.5         0.0175        10/1/2006          6/12/2006
        99070799          7.25            3854.3               0.5            0.5         0.0175        10/1/2006          6/28/2006
        97700595          7.05           1073.56               0.5            0.5         0.0175        10/1/2006          6/30/2006
      1310012798          7.75           2253.55              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1304007674           7.5            874.02              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1101003571          8.25           1251.25              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500012449         6.875            1884.9              0.25           0.25         0.0175        10/1/2006          6/13/2006
      8500012980           6.5           2550.39              0.25           0.25         0.0175        10/1/2006          6/26/2006
        40625808         6.875           1092.14               0.5            0.5         0.0175        10/1/2006          6/19/2006
        40630156           8.5            580.53               0.5            0.5         0.0175        10/1/2006          7/17/2006
        40622730             7           1574.77               0.5            0.5         0.0175        10/1/2006          6/16/2006
      1315003175          7.75           2376.67              0.25           0.25         0.0175        10/1/2006          6/30/2006
        86026895           7.7           1026.67               0.5            0.5         0.0175        10/1/2006          6/21/2006
      8500012327          6.75           3113.27              0.25           0.25         0.0175        10/1/2006          5/30/2006
      1701123279         6.875           2284.51              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8600013653         7.375           2733.67              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012657         7.375           2804.76              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012318          7.25           3711.04              0.25           0.25         0.0175        10/1/2006          6/16/2006
        97469399           6.1           3775.35               0.5            0.5         0.0175        10/1/2006          6/21/2006
        98658552           7.3           2691.09               0.5            0.5         0.0175        10/1/2006          6/28/2006
        99392797           7.9              1580               0.5            0.5         0.0175        10/1/2006          6/29/2006
        98577232           6.8            3843.1               0.5            0.5         0.0175        10/1/2006          6/16/2006
      8500012192         7.375           1133.35              0.25           0.25         0.0175        10/1/2006          6/15/2006
      8500012652           7.5              2075              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012034             7           3326.51              0.25           0.25         0.0175        10/1/2006           6/7/2006
      8500012653             7              3500              0.25           0.25         0.0175        10/1/2006          6/19/2006
      1707101312          6.99           1808.08              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500012626          6.75           3585.94              0.25           0.25         0.0175        10/1/2006          6/29/2006
      1105115277          6.99           1621.68              0.25           0.25         0.0175        10/1/2006          7/28/2006
        97977755           6.1           2878.48               0.5            0.5         0.0175        10/1/2006          6/23/2006
        96907951          6.05           2531.63               0.5            0.5         0.0175        10/1/2006           6/1/2006
        97725998          6.25            2315.1               0.5            0.5         0.0175        10/1/2006          5/24/2006
        96652912          7.75           3582.07               0.5            0.5         0.0175        10/1/2006           5/5/2006
      8500012783         7.875           1422.75              0.25           0.25         0.0175        10/1/2006           7/3/2006
        99240996          7.75           2579.09               0.5            0.5         0.0175        10/1/2006          6/28/2006
      1310012829         7.625           1004.51              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1310012864          7.25            332.29              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1311004937         7.625           2084.17              0.25           0.25         0.0175        10/1/2006          8/22/2006
       149411506           8.3           2151.14               0.5            0.5         0.0175        10/1/2006          5/12/2006
        97938674           6.1           3393.58               0.5            0.5         0.0175        10/1/2006          5/19/2006
        97380356           6.5            1405.1               0.5            0.5         0.0175        10/1/2006          5/22/2006
        97781959           6.3           2797.76               0.5            0.5         0.0175        10/1/2006          5/17/2006
        99095630          7.99           2256.71               0.5            0.5         0.0175        10/1/2006          6/23/2006
      1311005021          6.75            866.25              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1312004583         6.875           3941.67              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1313003772         7.875            775.46              0.25           0.25         0.0175        10/1/2006          8/29/2006
      1316002038          8.75           1576.55              0.25           0.25         0.0175        10/1/2006          7/10/2006
      1326001193           7.5           1398.43              0.25           0.25         0.0175        10/1/2006          7/31/2006
        97093470          7.45           1830.99               0.5            0.5         0.0175        10/1/2006          5/23/2006
        98814031          8.65            406.94               0.5            0.5         0.0175        10/1/2006          6/27/2006
        99469876           6.3           2284.01               0.5            0.5         0.0175        10/1/2006          6/27/2006
       150913085          6.99           2154.18               0.5            0.5         0.0175        10/1/2006           5/8/2006
        95957353           6.9           2596.54               0.5            0.5         0.0175        10/1/2006          5/17/2006
      1326001207          7.25            876.38              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1326001231         8.375            729.52              0.25           0.25         0.0175        10/1/2006          8/28/2006
      1326001246         7.625           1245.42              0.25           0.25         0.0175        10/1/2006          8/29/2006
      1701122907         7.375           1843.75              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1701123421         7.125           1708.55              0.25           0.25         0.0175        10/1/2006           8/1/2006
       150276004          7.95            2424.5               0.5            0.5         0.0175        10/1/2006           5/2/2006
       150128148           6.9           2068.01               0.5            0.5         0.0175        10/1/2006           5/1/2006
       148084841           6.8           2053.57               0.5            0.5         0.0175        10/1/2006          5/26/2006
        40604446         8.375            1079.3               0.5            0.5         0.0175        10/1/2006          6/21/2006
        40627423         8.375            820.88               0.5            0.5         0.0175        10/1/2006          7/11/2006
      1701123555          7.25           2054.17              0.25           0.25         0.0175        10/1/2006           8/2/2006
      1701123643         7.625           2211.25              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1701123688          7.25            2769.5              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1701123707          6.75              2250              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1701123719         7.125           1886.41              0.25           0.25         0.0175        10/1/2006           8/3/2006
        40601006         7.125           1192.48               0.5            0.5         0.0175        10/1/2006           6/9/2006
        40621825         6.875           1246.52               0.5            0.5         0.0175        10/1/2006          6/23/2006
        97946438          6.47           2426.25               0.5            0.5         0.0175        10/1/2006           6/9/2006
      8500012065         6.625           1504.73              0.25           0.25         0.0175        10/1/2006          5/15/2006
      8500012651           6.5           2003.55              0.25           0.25         0.0175        10/1/2006          6/19/2006
      1701123736          7.25           2005.83              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1701123838           7.5           2906.25              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1701123889          6.75              2565              0.25           0.25         0.0175        10/1/2006           8/7/2006
      1701123982          6.75           1226.25              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1701124113          6.99           1329.26              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1701123620             7              1470              0.25           0.25         0.0175        10/1/2006          7/25/2006
      1701123298         7.375           1764.88              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8500012305           6.5            1896.2              0.25           0.25         0.0175        10/1/2006          6/12/2006
      8500012064         6.375           3104.63              0.25           0.25         0.0175        10/1/2006          5/17/2006
      8500012059         6.875           3751.06              0.25           0.25         0.0175        10/1/2006           6/9/2006
      1701124131          7.25           3069.17              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1701124197         6.875           1248.16              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1701124265         7.375           3072.92              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1701124273          6.75           1439.44              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701124310          7.25           1643.33              0.25           0.25         0.0175        10/1/2006          8/21/2006
        99299034           6.1           6059.95               0.5            0.5         0.0175        10/1/2006          6/29/2006
        98200637         7.125           3638.09               0.5            0.5         0.0175        10/1/2006          6/21/2006
        99189391          9.15           2348.47               0.5            0.5         0.0175        10/1/2006          6/30/2006
      1310012691         8.625            1037.8              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1701124337         6.875           2204.58              0.25           0.25         0.0175        10/1/2006          8/22/2006
      1705000809             7           2900.05              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1706102354          6.75            3400.6              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1706102393          7.75            820.85              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1706102490         6.875            1512.5              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1309008865           7.5            798.23              0.25           0.25         0.0175        10/1/2006          7/21/2006
      1309008916         7.375            949.61              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1326001125         7.125           1890.14              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1309008855             8               896              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500012800         7.375            825.08              0.25           0.25         0.0175        10/1/2006          6/30/2006
      1706102542         7.125           4365.25              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1707101361         8.375           2791.67              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1707101374         8.375           3664.06              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1707101404          7.25           2440.83              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1707101458          7.25           3927.08              0.25           0.25         0.0175        10/1/2006          8/10/2006
      8500012038          6.75           3943.48              0.25           0.25         0.0175        10/1/2006           6/9/2006
      1706102251          7.25            890.42              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500012753             8           6197.33              0.25           0.25         0.0175        10/1/2006          6/17/2006
      8500012797         6.875           1765.16              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012798         6.875            757.11              0.25           0.25         0.0175        10/1/2006          6/30/2006
      1707101549          6.99            2213.5              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1707101692          6.99           2429.03              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1707101773         6.875           2177.08              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1707101814          6.99           1439.94              0.25           0.25         0.0175        10/1/2006          8/28/2006
      1707101867         7.125           2001.83              0.25           0.25         0.0175        10/1/2006          8/23/2006
      8500012036          6.75           3126.24              0.25           0.25         0.0175        10/1/2006           6/2/2006
      8500012438         7.125           1224.61              0.25           0.25         0.0175        10/1/2006          6/22/2006
      1105115097          7.25            604.17              0.25           0.25         0.0175        10/1/2006          7/25/2006
       141021824           8.5            592.07               0.5            0.5         0.0175        10/1/2006         12/27/2005
        98291917          8.55           3275.23               0.5            0.5         0.0175        10/1/2006          6/20/2006
      8500012694          6.25           3163.44              0.25           0.25         0.0175        10/1/2006          6/13/2006
      8500012758         7.875           1885.18              0.25           0.25         0.0175        10/1/2006          6/12/2006
      8500012764         8.375           2442.71              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012771         7.625           2548.06              0.25           0.25         0.0175        10/1/2006          6/26/2006
      8500012772          7.99           3329.17              0.25           0.25         0.0175        10/1/2006          7/12/2006
      1701124124          6.99            2982.4              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701124139         6.625            2224.9              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1701124143         7.125           1591.25              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1701124404          6.75           2399.81              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1706102343             7           1283.33              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500012806           7.5           1478.06              0.25           0.25         0.0175        10/1/2006          6/21/2006
      8500012823         6.375           4632.85              0.25           0.25         0.0175        10/1/2006          6/12/2006
      8500012851         6.625           2848.06              0.25           0.25         0.0175        10/1/2006          6/13/2006
      8500012892         6.875           2824.24              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012895         7.375           1597.92              0.25           0.25         0.0175        10/1/2006          7/10/2006
      1706102418         7.375            3308.3              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1706102479         6.875           3306.81              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1706102497         6.875           5723.44              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1706102519          7.25            946.07              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1707101285         7.375           2378.44              0.25           0.25         0.0175        10/1/2006          8/11/2006
      8500012904         7.875           2320.22              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500012906         7.375            580.17              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012907         7.625           1645.62              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500012909         8.875            1717.8              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500012914           7.5           2482.21              0.25           0.25         0.0175        10/1/2006          6/27/2006
      1707101373          7.75           2221.67              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1707101555          6.75            2497.5              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1707101636         6.875            867.97              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1707101781          7.25           3383.33              0.25           0.25         0.0175        10/1/2006          8/22/2006
      1707101788          6.75            2362.5              0.25           0.25         0.0175        10/1/2006          8/17/2006
      8500012918         8.625           1648.91              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012931           7.5            632.09              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500012933          7.75            800.08              0.25           0.25         0.0175        10/1/2006          6/27/2006
      8500012936         6.875           1364.54              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012939           8.5             492.1              0.25           0.25         0.0175        10/1/2006           7/6/2006
      1707101804         7.375           2293.04              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1901026675           6.5           3716.56              0.25           0.25         0.0175        10/1/2006          8/25/2006
      8500012761          7.75           3099.99              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012776          8.75            849.64              0.25           0.25         0.0175        10/1/2006          6/19/2006
      8500012847         6.625              3861              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012940         7.875            587.31              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500012946         6.875            382.33              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012954         7.875            815.42              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500012966         7.625           1414.17              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012986         6.875           2328.33              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012916             8            572.34              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012920           7.5           1836.75              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012928         7.875            826.58              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500012932         7.875           1690.86              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500012935         7.375           1105.08              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012996         7.125           3179.95              0.25           0.25         0.0175        10/1/2006          7/30/2006
      8500012998         6.875           1379.55              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500013005         7.625           1542.99              0.25           0.25         0.0175        10/1/2006          7/11/2006
      8500013008         6.875           1037.95              0.25           0.25         0.0175        10/1/2006          6/20/2006
      8500013011         6.875           1642.32              0.25           0.25         0.0175        10/1/2006          4/21/2006
      8500012957         7.875            661.54              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500012959          7.75            967.16              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500012960           8.5            595.83              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012967          8.25            291.04              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500012997          7.25           3342.66              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013014             7           2720.09              0.25           0.25         0.0175        10/1/2006          6/21/2006
      8500013021           7.5           1908.86              0.25           0.25         0.0175        10/1/2006           6/7/2006
      8500013029          7.25           1333.65              0.25           0.25         0.0175        10/1/2006           7/3/2006
      8500013037          6.75           4378.04              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500013047          6.75           2101.46              0.25           0.25         0.0175        10/1/2006          6/16/2006
      8500013125         6.999           1257.29              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013127          6.75              5625              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500013130         6.875           2893.23              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500013131         6.375           1815.46              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500013136          7.25           1208.33              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500013001           6.5            809.05              0.25           0.25         0.0175        10/1/2006           5/2/2006
      8500013009             7           2734.39              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013015         7.125           1078.25              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500013018         6.875            1655.2              0.25           0.25         0.0175        10/1/2006          6/27/2006
      8500013026         7.875           3074.29              0.25           0.25         0.0175        10/1/2006          6/20/2006
      8500013138          7.25           3282.98              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500013141         6.625           2727.72              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013150          6.75           1001.25              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8500013152         6.625           1679.33              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8500013158         6.875           1601.26              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500013054         7.875            679.75              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013059           7.5              1975              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013126         6.875           1581.01              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013132         6.375           2183.54              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8500013134         6.875           2286.11              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013169          6.75           1631.25              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500013224         7.625            863.21              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8500013225         7.625           3185.07              0.25           0.25         0.0175        10/1/2006          7/20/2006
      8500013231         6.999           2993.56              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8500013252           7.5            3912.5              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013140         7.625            1982.5              0.25           0.25         0.0175        10/1/2006           7/3/2006
      8500013147         6.875           3002.08              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013151          6.75            778.32              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500013160         6.625              2385              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500013164           6.5           2863.68              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013269           7.5           1063.92              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500013274         6.875            429.69              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500013281         7.625            794.27              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8500013296         7.875           2065.72              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500013299             7           1839.56              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500013166         6.875           1902.08              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500013171           7.5              3050              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500013181          6.75           1816.07              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500013189         7.625           1255.58              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500013190         8.625            1866.7              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500013303         8.125            983.07              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500013309             7            997.95              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8500013546         6.875               715              0.25           0.25         0.0175        10/1/2006           8/3/2006
      8500013624         7.625            1851.6              0.25           0.25         0.0175        10/1/2006           8/1/2006
      8500013630          7.75            856.11              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500013198          6.99           1529.06              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500013202         6.875           1460.94              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500013232         7.875           2095.45              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500013236         7.625           1682.58              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013259         7.875           1086.23              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500013640         7.125           3253.75              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8500013647         6.875            3678.8              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8600012901           8.5            625.74              0.25           0.25         0.0175        10/1/2006          5/24/2006
      8600014025             7            498.98              0.25           0.25         0.0175        10/1/2006          7/20/2006
      8600014228         7.625            888.99              0.25           0.25         0.0175        10/1/2006           8/1/2006
      8500013263           8.5            834.27              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500013270          7.25           3342.66              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500013277          7.25           1468.04              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8500013292         7.375           5335.56              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500013301             7            532.24              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500013312         8.125           1588.94              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500013541         7.625           1500.52              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500013635         6.875           2864.58              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500013639         6.375           2751.27              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8500013644          6.75           3320.82              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500013649         7.125           4160.21              0.25           0.25         0.0175        10/1/2006           8/1/2006
      8500013651         7.625           1132.47              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8600013688         7.375           2495.21              0.25           0.25         0.0175        10/1/2006          6/14/2006
      8600013791         7.375           1464.23              0.25           0.25         0.0175        10/1/2006          6/26/2006
      8600013867         7.375           2458.33              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8600013922         7.875           4814.46              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8600013929         7.625           3126.25              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8600013967         7.875           4373.62              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8600014004          7.25           1981.67              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8600014013          6.99           1900.84              0.25           0.25         0.0175        10/1/2006          8/15/2006
        98422991           8.7           1119.53               0.5            0.5         0.0175        10/1/2006           6/9/2006
        98423676          6.05           2453.27               0.5            0.5         0.0175        10/1/2006          5/31/2006
      1312004483         6.875           4252.76              0.25           0.25         0.0175        10/1/2006          7/11/2006
      1101003523          8.25            3536.5              0.25           0.25         0.0175        10/1/2006          7/26/2006
      1301002146          8.25            689.56              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500012340           6.5           1142.92              0.25           0.25         0.0175        10/1/2006          5/31/2006
      8500012282          6.75           3891.59              0.25           0.25         0.0175        10/1/2006          5/26/2006
      8500012620           7.5            908.98              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012782         7.375           1553.18              0.25           0.25         0.0175        10/1/2006          6/14/2006
      8500012277          6.25            3521.9              0.25           0.25         0.0175        10/1/2006           6/6/2006
      8600013857          7.25              2030              0.25           0.25         0.0175        10/1/2006          6/27/2006
      8600014519          7.75           1679.17              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8600014525          6.75            1372.5              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8600014608         7.375           1066.92              0.25           0.25         0.0175        10/1/2006           8/1/2006
      8600014663         7.625            2897.5              0.25           0.25         0.0175        10/1/2006          8/11/2006
      8600014792          7.75           2273.33              0.25           0.25         0.0175        10/1/2006          8/11/2006
      8600014096          7.25           1659.05              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8600014163          7.25           2184.67              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8600014312         6.875           2969.32              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8600014345           7.5           2045.31              0.25           0.25         0.0175        10/1/2006          8/10/2006
      8600014668          8.25           2358.13              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8500012777         8.375           1225.89              0.25           0.25         0.0175        10/1/2006          6/19/2006
      8500012778         7.625            808.25              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012616         7.375               885              0.25           0.25         0.0175        10/1/2006          6/20/2006
        99692477           7.9           1316.67               0.5            0.5         0.0175        10/1/2006          6/29/2006
        86189057         8.825           1362.35               0.5            0.5         0.0175        10/1/2006           7/5/2006
      8500012796           7.5            849.06              0.25           0.25         0.0175        10/1/2006          6/29/2006
        99582595          8.45           1714.44               0.5            0.5         0.0175        10/1/2006          6/30/2006
        97504872          7.55           2740.65               0.5            0.5         0.0175        10/1/2006          5/12/2006
        97914873          7.75           3188.04               0.5            0.5         0.0175        10/1/2006           6/8/2006
        97917157          6.45           2224.76               0.5            0.5         0.0175        10/1/2006          5/24/2006
        98115439           8.3           2610.36               0.5            0.5         0.0175        10/1/2006          5/26/2006
        98117237          6.85           1840.86               0.5            0.5         0.0175        10/1/2006           6/6/2006
        98383599           6.6           2465.23               0.5            0.5         0.0175        10/1/2006          5/31/2006
        98057391          6.35           1655.44               0.5            0.5         0.0175        10/1/2006          5/24/2006
        99305674             7              1304               0.5            0.5         0.0175        10/1/2006          6/23/2006
        98459431         10.65           1148.21               0.5            0.5         0.0175        10/1/2006          6/29/2006
        99534919          7.95            696.69               0.5            0.5         0.0175        10/1/2006           7/7/2006
        98462153          6.35           6222.36               0.5            0.5         0.0175        10/1/2006           7/6/2006
        40598854          7.25           1086.03               0.5            0.5         0.0175        10/1/2006          3/30/2006
      8500012278         7.625           3601.25              0.25           0.25         0.0175        10/1/2006          6/14/2006
        97769517           7.8           1828.48               0.5            0.5         0.0175        10/1/2006          6/20/2006
        99148918           6.1              2527               0.5            0.5         0.0175        10/1/2006           7/6/2006
        99469074             6            4676.5               0.5            0.5         0.0175        10/1/2006           7/7/2006
        98761992           6.9           1587.23               0.5            0.5         0.0175        10/1/2006          6/20/2006
       145943866          7.15           2465.24               0.5            0.5         0.0175        10/1/2006          5/18/2006
      1706102317          7.25           2126.67              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8500012309         6.875           4138.65              0.25           0.25         0.0175        10/1/2006           6/8/2006
      1707101129         6.875           2082.07              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012665         6.875           2083.98              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012334         7.125           4850.77              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012329          6.75           1998.33              0.25           0.25         0.0175        10/1/2006          5/25/2006
       151741485          7.99           1111.85               0.5            0.5         0.0175        10/1/2006          6/21/2006
        98056872           6.1           1817.99               0.5            0.5         0.0175        10/1/2006           6/2/2006
        40601373          7.25            421.24               0.5            0.5         0.0175        10/1/2006          6/15/2006
        40616908         7.125             697.3               0.5            0.5         0.0175        10/1/2006          6/26/2006
       150518686          7.75           2070.44               0.5            0.5         0.0175        10/1/2006           5/4/2006
        96247838           8.8           3263.84               0.5            0.5         0.0175        10/1/2006           5/5/2006
        40583338             8            822.55               0.5            0.5         0.0175        10/1/2006          6/22/2006
        40612656         7.625           1159.37               0.5            0.5         0.0175        10/1/2006          7/12/2006
        40620038             8             506.3               0.5            0.5         0.0175        10/1/2006          7/14/2006
        40620436         6.875            429.63               0.5            0.5         0.0175        10/1/2006          6/26/2006
        98296916         8.148           1933.45               0.5            0.5         0.0175        10/1/2006          5/31/2006
      8500012066          6.75           3009.38              0.25           0.25         0.0175        10/1/2006           6/9/2006
      8500012650          6.75           1897.15              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012444         7.125            771.88              0.25           0.25         0.0175        10/1/2006          5/25/2006
      8500012285         6.875           3994.13              0.25           0.25         0.0175        10/1/2006          6/13/2006
        98433758          8.55            488.57               0.5            0.5         0.0175        10/1/2006          6/27/2006
        98196553           6.7           1948.74               0.5            0.5         0.0175        10/1/2006          5/30/2006
        98438310           6.1           1999.79               0.5            0.5         0.0175        10/1/2006          6/12/2006
       151898806           8.7           2185.51               0.5            0.5         0.0175        10/1/2006          6/27/2006
        98199839           6.5            2112.5               0.5            0.5         0.0175        10/1/2006          6/29/2006
        99185076           8.9           1656.41               0.5            0.5         0.0175        10/1/2006           7/6/2006
      8500012617         7.875           3023.54              0.25           0.25         0.0175        10/1/2006          6/29/2006
      1308004605             8               808              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1901025748         7.125            673.72              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1310012713          8.25           2758.65              0.25           0.25         0.0175        10/1/2006          7/18/2006
      1309008892          7.75            968.75              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1311005107          7.75            738.53              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500012045          6.75           2889.84              0.25           0.25         0.0175        10/1/2006          5/26/2006
      8500012655          7.75               899              0.25           0.25         0.0175        10/1/2006          6/22/2006
        97703110          7.45           2296.13               0.5            0.5         0.0175        10/1/2006          5/26/2006
      8500012341         6.875           3531.65              0.25           0.25         0.0175        10/1/2006          6/14/2006
      1105115142         7.125            2723.9              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1707101280         7.125           4379.17              0.25           0.25         0.0175        10/1/2006          7/20/2006
      8500012630         7.125           1055.69              0.25           0.25         0.0175        10/1/2006           7/6/2006
        99032039          6.75           2497.11               0.5            0.5         0.0175        10/1/2006           7/7/2006
        98779317           6.1           2969.38               0.5            0.5         0.0175        10/1/2006          7/10/2006
       151758703           7.6            1284.8               0.5            0.5         0.0175        10/1/2006          6/23/2006
       151850625          7.75           1717.25               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98467111          7.35           2898.62               0.5            0.5         0.0175        10/1/2006          6/16/2006
      8500012629         7.875           1305.12              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8600013651           7.5              2100              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500012439         6.875            996.88              0.25           0.25         0.0175        10/1/2006           6/8/2006
      8500012633          7.99           1384.93              0.25           0.25         0.0175        10/1/2006          6/12/2006
      8500012062         6.625           1344.65              0.25           0.25         0.0175        10/1/2006          3/17/2006
      8500012638         8.125           1166.95              0.25           0.25         0.0175        10/1/2006          6/22/2006
      1115103486          6.99           1010.24              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012780             8               572              0.25           0.25         0.0175        10/1/2006           6/5/2006
      8500012619           7.5           1560.65              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8600013732         7.375           1659.38              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8600013808           7.5           1150.21              0.25           0.25         0.0175        10/1/2006           7/3/2006
      1706102332          6.99            876.08              0.25           0.25         0.0175        10/1/2006          7/26/2006
        98016595           6.9           3622.31               0.5            0.5         0.0175        10/1/2006           6/8/2006
       151534203           8.1           1066.68               0.5            0.5         0.0175        10/1/2006          5/22/2006
       151798584          7.15           2539.53               0.5            0.5         0.0175        10/1/2006          6/22/2006
        98301716           6.1           2993.62               0.5            0.5         0.0175        10/1/2006          6/20/2006
        98151954          6.95           2059.32               0.5            0.5         0.0175        10/1/2006          6/12/2006
        99165078           7.1           1360.83               0.5            0.5         0.0175        10/1/2006          6/21/2006
      1105002004          6.75           2237.66              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1105115009          7.25            477.52              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1105115209          7.25           1609.94              0.25           0.25         0.0175        10/1/2006           8/2/2006
      1105115281          7.25              1015              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1105115299         6.875           2397.79              0.25           0.25         0.0175        10/1/2006           8/7/2006
        97951073           6.1           2267.81               0.5            0.5         0.0175        10/1/2006          5/31/2006
        98001837             7           2438.34               0.5            0.5         0.0175        10/1/2006          5/26/2006
        97393516          6.75           1921.48               0.5            0.5         0.0175        10/1/2006          5/18/2006
       151620606          7.99           2529.09               0.5            0.5         0.0175        10/1/2006           6/2/2006
      8600013815         8.375           4560.43              0.25           0.25         0.0175        10/1/2006          6/15/2006
      8500012337         6.875           3941.57              0.25           0.25         0.0175        10/1/2006          4/13/2006
      8500012664         6.625           5106.77              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012754          7.75            687.81              0.25           0.25         0.0175        10/1/2006           6/5/2006
      1326001099         8.125           5270.24              0.25           0.25         0.0175        10/1/2006          7/21/2006
      1310012379          7.75            959.28              0.25           0.25         0.0175        10/1/2006          7/14/2006
      1901025911          6.75           2479.22              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1310012736          7.75            745.07              0.25           0.25         0.0175        10/1/2006          7/24/2006
        99081119          7.85           3892.29               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98747710           6.1           2696.68               0.5            0.5         0.0175        10/1/2006          6/14/2006
        99139917           7.5           1031.53               0.5            0.5         0.0175        10/1/2006          6/26/2006
        98580319          5.95           2257.15               0.5            0.5         0.0175        10/1/2006          6/27/2006
        98820590             8           1122.66               0.5            0.5         0.0175        10/1/2006          6/16/2006
        99107435         6.225           4912.74               0.5            0.5         0.0175        10/1/2006           7/6/2006
        97775951           6.1           5944.89               0.5            0.5         0.0175        10/1/2006          6/14/2006
        99047714           6.1           2240.67               0.5            0.5         0.0175        10/1/2006          6/26/2006
        98454432           6.1           2042.21               0.5            0.5         0.0175        10/1/2006           6/8/2006
        98226756          6.55           2160.23               0.5            0.5         0.0175        10/1/2006           6/5/2006
        97893317           6.2           2768.91               0.5            0.5         0.0175        10/1/2006          5/31/2006
       151524600          7.95           2775.08               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97597116          7.65           1092.41               0.5            0.5         0.0175        10/1/2006          5/22/2006
      8500012623             7            1151.5              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012624             7           1248.33              0.25           0.25         0.0175        10/1/2006          6/15/2006
       151964889           7.5           1142.51               0.5            0.5         0.0175        10/1/2006          6/30/2006
      8500012785          8.25               605              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012627          7.75            2247.5              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012054           6.5           3438.45              0.25           0.25         0.0175        10/1/2006          5/19/2006
      1707101025           7.5              2790              0.25           0.25         0.0175        10/1/2006          7/25/2006
      1701122992         8.125           2545.83              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500012779         7.375           1281.41              0.25           0.25         0.0175        10/1/2006           6/3/2006
        98889470          6.95            663.94               0.5            0.5         0.0175        10/1/2006          6/28/2006
        99038275           6.3           3452.18               0.5            0.5         0.0175        10/1/2006          6/16/2006
      1125100092          6.99            816.98              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1301002087             9           1982.79              0.25           0.25         0.0175        10/1/2006          6/15/2006
      1301002107          6.75           3273.75              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1304007686         8.375           1529.27              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1304007721         7.875            426.56              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1309008918             7            947.33              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1309008926         7.375             497.2              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1309008991           7.5            774.75              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1309008995           7.5             849.5              0.25           0.25         0.0175        10/1/2006          8/30/2006
      1310012789          7.75              1395              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1311005001         7.875            404.88              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1311005127         7.375           1229.17              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1323001912           7.5            1374.5              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1326001249           6.5            909.22              0.25           0.25         0.0175        10/1/2006          8/30/2006
      1327000332         7.625            1880.2              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1701123292         7.625           2421.57              0.25           0.25         0.0175        10/1/2006          7/19/2006
      1701123528         7.125           4631.25              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1701123543           7.5           1241.25              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1701123556         8.125           1056.25              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1701123559         7.375            2899.3              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1701123677         7.125           1374.39              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1701123678         7.125            2374.7              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701123709         6.875           2785.38              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701123793         7.375           2956.09              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701123876          6.75           2334.63              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701123909         7.375            1997.4              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1701123911          7.75           1969.79              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1701124027             7              3675              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1701124120         6.875           1714.58              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701124142         6.625           1862.66              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1701124189         6.875           2284.47              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1701124227          7.25            3987.5              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701124262             7           5830.42              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701124267         6.875              2475              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1706102386          7.25           2945.31              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1706102404          7.25              1247              0.25           0.25         0.0175        10/1/2006           8/7/2006
      1706102477             7           3406.67              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1706102500          6.99              2796              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1706102504          7.25           1280.83              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1706102553         6.625              1537              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1707101292         6.625            811.59              0.25           0.25         0.0175        10/1/2006          7/27/2006
      1707101368         9.375           2549.22              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1707101547           7.5              1700              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1707101575         7.125           1733.75              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1707101584         6.875             919.7              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1707101585          6.99           2610.77              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1707101629         6.875           2704.17              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1707101750         6.625            1856.9              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1707101840          6.99            2702.8              0.25           0.25         0.0175        10/1/2006          8/25/2006
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      8500012713         8.375           2044.62              0.25           0.25         0.0175        10/1/2006          6/27/2006
      8500012757             8           1467.53              0.25           0.25         0.0175        10/1/2006          6/27/2006
      8500012760         7.375               885              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012767         6.875           1088.54              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012773         8.125           2193.75              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500012775         8.875           1082.08              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012816         6.875           2581.08              0.25           0.25         0.0175        10/1/2006          6/26/2006
      8500012897          6.75           2953.13              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012900          7.75            881.19              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012901         7.625           1245.72              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012908          7.75           1438.56              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012915         7.125           3941.25              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500012917           7.5           1538.27              0.25           0.25         0.0175        10/1/2006          6/30/2006
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      8500012924         7.625           1203.25              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012926         8.625            746.68              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500012945         7.875           1142.71              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500012948         7.875            725.07              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012953          7.75           2823.83              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012956          7.75            823.87              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012958          7.25           2705.68              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012963         8.125             500.7              0.25           0.25         0.0175        10/1/2006          6/26/2006
      8500012968           7.5           1270.01              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012991          6.75           1128.56              0.25           0.25         0.0175        10/1/2006           6/2/2006
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      8500013019           7.5              2750              0.25           0.25         0.0175        10/1/2006          6/26/2006
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      8500013027           7.5              2125              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013039         6.875           2496.33              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013123           6.5           2635.72              0.25           0.25         0.0175        10/1/2006           7/6/2006
      8500013135         6.999           2478.81              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500013142           7.5              1750              0.25           0.25         0.0175        10/1/2006          7/11/2006
      8500013148          6.75           1393.19              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500013153         7.625           2567.08              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500013154         6.999           1862.66              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8500013155         6.875           1642.32              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8500013159          6.75           4159.07              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013163          6.75           1897.15              0.25           0.25         0.0175        10/1/2006           7/3/2006
      8500013170           6.5           1310.83              0.25           0.25         0.0175        10/1/2006          7/11/2006
      8500013174         7.125            1757.5              0.25           0.25         0.0175        10/1/2006          7/18/2006
      8500013204             7           1213.33              0.25           0.25         0.0175        10/1/2006          7/10/2006
      8500013235          6.75              4725              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013244         6.875            459.85              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8500013245         6.999           2574.46              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500013278         7.375           1385.89              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500013294         9.125            689.15              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500013311          7.25           1603.11              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8500013543          7.25            837.88              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8500013549         6.875           2103.75              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8500013619           7.5           1018.13              0.25           0.25         0.0175        10/1/2006           8/2/2006
      8500013626         7.875            588.66              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500013634         7.125          13587.47              0.25           0.25         0.0175        10/1/2006           8/3/2006
      8500013642         6.625           3091.67              0.25           0.25         0.0175        10/1/2006           8/2/2006
      8600013788         7.375            721.76              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8600013842         7.625           2846.67              0.25           0.25         0.0175        10/1/2006          7/20/2006
      8600013852         7.625            1189.5              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8600014005         7.375           2562.81              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8600014092         7.375           3232.36              0.25           0.25         0.0175        10/1/2006           8/8/2006
      8600014098         7.625           1769.48              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8600014200          7.25           2155.68              0.25           0.25         0.0175        10/1/2006          7/28/2006
        40622880             8           1342.06               0.5            0.5         0.0175        10/1/2006          7/17/2006
        97818595           6.3           2267.94               0.5            0.5         0.0175        10/1/2006           6/5/2006
        97732630           6.7           2166.53               0.5            0.5         0.0175        10/1/2006          5/12/2006
        98069511          6.35           2184.05               0.5            0.5         0.0175        10/1/2006           6/5/2006
        97407514           8.5           1524.91               0.5            0.5         0.0175        10/1/2006           5/8/2006
        97673636           7.1           2238.21               0.5            0.5         0.0175        10/1/2006          5/19/2006
        97291835          8.25           3076.44               0.5            0.5         0.0175        10/1/2006          5/15/2006
        97736151           6.1           3057.37               0.5            0.5         0.0175        10/1/2006          5/19/2006
        97958912          6.75           2334.96               0.5            0.5         0.0175        10/1/2006          5/25/2006
        97421077          6.35           1872.93               0.5            0.5         0.0175        10/1/2006          5/16/2006
        95894317         8.375           2432.24               0.5            0.5         0.0175        10/1/2006          5/23/2006
        97427876          6.35           2096.11               0.5            0.5         0.0175        10/1/2006          5/10/2006
        97520670         10.65           2676.06               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97520951          6.65           1773.43               0.5            0.5         0.0175        10/1/2006          5/25/2006
        98666597          6.65           4024.18               0.5            0.5         0.0175        10/1/2006           6/2/2006
        97136832           7.8           1641.31               0.5            0.5         0.0175        10/1/2006          5/11/2006
        97965636         7.775           2140.06               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97156350         6.125           1886.47               0.5            0.5         0.0175        10/1/2006           6/7/2006
        96733191           8.7           1703.71               0.5            0.5         0.0175        10/1/2006           5/4/2006
        98041510          6.99           2093.59               0.5            0.5         0.0175        10/1/2006          5/30/2006
        97496715           6.4           2525.49               0.5            0.5         0.0175        10/1/2006          5/12/2006
      1105115567         7.375           2444.99              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1105115649         7.875           2175.21              0.25           0.25         0.0175        10/1/2006          8/28/2006
      1105116076          6.75            745.89              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1115103528          7.75            805.96              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1115103541         7.625            828.12              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1115103548         9.125            541.07              0.25           0.25         0.0175        10/1/2006          8/10/2006
      1115103590           7.5           1397.87              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1115103603         7.875            876.75              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1115103610          6.75              1800              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1115103645         6.875            571.48              0.25           0.25         0.0175        10/1/2006          8/24/2006
      1115103676         8.125           2193.75              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1115103703           8.5            511.42              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1115103761         7.125            909.52              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1115103859           7.5              1250              0.25           0.25         0.0175        10/1/2006          8/31/2006
      8600014218         7.375           1602.37              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8600014231         7.875           1161.85              0.25           0.25         0.0175        10/1/2006           8/1/2006
      8600014354         7.375           1106.25              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8600014375         7.875           2022.94              0.25           0.25         0.0175        10/1/2006           8/4/2006
      8600014566           7.5           3754.78              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1122000171          8.25            675.81              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1124001262         7.125           3651.55              0.25           0.25         0.0175        10/1/2006          7/29/2006
      1124001329         8.125            764.77              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1124001386           7.5           1762.02              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1125100093          6.99           1059.06              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1125100151          6.99            2283.4              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1125100224           6.5           1647.65              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1301002120         7.625            606.82              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1301002176          8.25            766.56              0.25           0.25         0.0175        10/1/2006          8/16/2006
        97500797          7.99           1944.23               0.5            0.5         0.0175        10/1/2006          5/24/2006
        98928914          6.45           1978.46               0.5            0.5         0.0175        10/1/2006          6/16/2006
      8500012621          7.75           1662.08              0.25           0.25         0.0175        10/1/2006          6/23/2006
      1115103423         8.375           2121.67              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500012333         8.375           2280.22              0.25           0.25         0.0175        10/1/2006          6/14/2006
      8500012804           6.5            730.71              0.25           0.25         0.0175        10/1/2006          6/30/2006
      1111002091          8.25           3955.53              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1313003797         7.375            603.27              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1309008887          7.25            1579.9              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500012799         7.875            956.48              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012042         6.625           3662.58              0.25           0.25         0.0175        10/1/2006          5/27/2006
        98186679          6.05           2200.11               0.5            0.5         0.0175        10/1/2006          5/31/2006
        98432834          9.15           1315.32               0.5            0.5         0.0175        10/1/2006          5/30/2006
        99007072         7.487           2242.39               0.5            0.5         0.0175        10/1/2006          6/27/2006
        98623119           7.9           2023.43               0.5            0.5         0.0175        10/1/2006          6/14/2006
        99401317           6.5           1548.63               0.5            0.5         0.0175        10/1/2006          6/27/2006
        97753313           8.5           1095.71               0.5            0.5         0.0175        10/1/2006          5/26/2006
        99077919           6.8           1841.67               0.5            0.5         0.0175        10/1/2006           7/6/2006
      1301002062         7.625           1212.38              0.25           0.25         0.0175        10/1/2006          7/20/2006
      1105114914           7.5            349.64              0.25           0.25         0.0175        10/1/2006          6/29/2006
      1122000140          8.25            676.89              0.25           0.25         0.0175        10/1/2006           6/7/2006
        97287551          8.95           5302.81               0.5            0.5         0.0175        10/1/2006          5/22/2006
        99441115          7.55           2086.85               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98028756          6.65           1596.07               0.5            0.5         0.0175        10/1/2006          6/28/2006
        98784275           7.8           1724.81               0.5            0.5         0.0175        10/1/2006          6/22/2006
        99392318             7           2428.36               0.5            0.5         0.0175        10/1/2006           7/5/2006
      1313003792         7.625            907.03              0.25           0.25         0.0175        10/1/2006          7/21/2006
        98807316          10.2            501.97               0.5            0.5         0.0175        10/1/2006          6/22/2006
        98723034          6.75           2629.69               0.5            0.5         0.0175        10/1/2006          6/14/2006
        98063118           6.1           4241.97               0.5            0.5         0.0175        10/1/2006          5/31/2006
        97650436          7.75           1214.17               0.5            0.5         0.0175        10/1/2006          5/22/2006
       151569829           7.6           2086.28               0.5            0.5         0.0175        10/1/2006           6/1/2006
        97193478          6.85           2404.81               0.5            0.5         0.0175        10/1/2006          5/18/2006
        98391238             7           2175.01               0.5            0.5         0.0175        10/1/2006           6/1/2006
        97779474           7.5            3744.3               0.5            0.5         0.0175        10/1/2006          5/17/2006
        97376958           6.1           3635.97               0.5            0.5         0.0175        10/1/2006          5/16/2006
        98284870          8.25           3247.35               0.5            0.5         0.0175        10/1/2006           6/5/2006
        98128754         6.989            1961.2               0.5            0.5         0.0175        10/1/2006           6/6/2006
        97783757           6.1           4332.87               0.5            0.5         0.0175        10/1/2006          5/30/2006
        98811631          10.2            465.83               0.5            0.5         0.0175        10/1/2006          6/22/2006
        98865470         6.375            2788.7               0.5            0.5         0.0175        10/1/2006          6/20/2006
       151757762           8.1           1525.25               0.5            0.5         0.0175        10/1/2006          6/29/2006
        99333395          5.85           2851.88               0.5            0.5         0.0175        10/1/2006           7/5/2006
        40616690          7.75            775.87               0.5            0.5         0.0175        10/1/2006           7/7/2006
        98979636         6.175           2648.03               0.5            0.5         0.0175        10/1/2006          6/30/2006
       150839926          7.45           2946.97               0.5            0.5         0.0175        10/1/2006           5/5/2006
      1701123097          7.25            511.63              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500012795          7.25           1208.03              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012649         7.125           1392.58              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012648         7.375           3425.75              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012643          7.25            838.28              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012752         8.375           5164.58              0.25           0.25         0.0175        10/1/2006          5/31/2006
      8500012290         6.875           1387.76              0.25           0.25         0.0175        10/1/2006           6/7/2006
      8500012060         6.875           2841.67              0.25           0.25         0.0175        10/1/2006           6/6/2006
      8500012443         6.625           1082.13              0.25           0.25         0.0175        10/1/2006          6/13/2006
      8500012635          7.25            984.79              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012976           6.5           2401.86              0.25           0.25         0.0175        10/1/2006          6/25/2006
      1706102352         7.125           3395.54              0.25           0.25         0.0175        10/1/2006          7/20/2006
        98349038          6.65           2897.42               0.5            0.5         0.0175        10/1/2006          6/12/2006
      1309008878          7.75            911.28              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1326001195         7.125            505.29              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1310012803         7.625           1083.39              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1312004542          7.75           1477.67              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1310012797         7.625           1626.67              0.25           0.25         0.0175        10/1/2006          7/31/2006
      1328000218         7.375           1253.58              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8600013718             8           2026.67              0.25           0.25         0.0175        10/1/2006           7/3/2006
      8600013823          8.25              3344              0.25           0.25         0.0175        10/1/2006          7/11/2006
      8500012658         7.125            688.75              0.25           0.25         0.0175        10/1/2006          6/27/2006
      1701123095          7.75           2531.67              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8600013813           7.5           1843.75              0.25           0.25         0.0175        10/1/2006          7/15/2006
      1105115119         7.125           1240.99              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500012035         6.875           4561.85              0.25           0.25         0.0175        10/1/2006          6/13/2006
      8500012654         7.875           1253.44              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012450             7              1715              0.25           0.25         0.0175        10/1/2006          6/15/2006
      8500012801         8.625            884.35              0.25           0.25         0.0175        10/1/2006          6/26/2006
      8600013931         6.875           3061.86              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8500012751             7           5206.25              0.25           0.25         0.0175        10/1/2006           6/2/2006
        97780035           7.7            1226.3               0.5            0.5         0.0175        10/1/2006          6/16/2006
        99339194         8.875           1591.29               0.5            0.5         0.0175        10/1/2006          6/26/2006
        97996953           6.1            2592.5               0.5            0.5         0.0175        10/1/2006          6/13/2006
      1701123275          8.25           3341.25              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1707101205         7.625           2765.33              0.25           0.25         0.0175        10/1/2006          7/25/2006
      1707101329          6.99             652.4              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500012058          6.75            2335.5              0.25           0.25         0.0175        10/1/2006          5/17/2006
      8500012974         5.875              1105              0.25           0.25         0.0175        10/1/2006          6/15/2006
      1705000813         6.875           1727.34              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500012637          7.75           1059.43              0.25           0.25         0.0175        10/1/2006          6/29/2006
        99020679          7.85           3182.68               0.5            0.5         0.0175        10/1/2006          6/23/2006
      8500012280          7.25           5286.46              0.25           0.25         0.0175        10/1/2006           6/1/2006
        97670392          7.55           2006.49               0.5            0.5         0.0175        10/1/2006          5/25/2006
       151797065           7.3           1855.42               0.5            0.5         0.0175        10/1/2006          6/29/2006
        86077732          7.25           1400.03               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98912751          8.25             770.8               0.5            0.5         0.0175        10/1/2006          6/26/2006
      1104001621         6.875           1376.72              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1105115231             7           2741.05              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1105115310         7.875           1102.11              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1105115402         7.875           3262.81              0.25           0.25         0.0175        10/1/2006           8/9/2006
        97206916          6.45           2509.44               0.5            0.5         0.0175        10/1/2006          5/12/2006
       151201167          8.15           2321.89               0.5            0.5         0.0175        10/1/2006          5/11/2006
        98012073           6.1           4023.81               0.5            0.5         0.0175        10/1/2006          5/31/2006
      8500012298         7.125           2856.57              0.25           0.25         0.0175        10/1/2006          6/14/2006
      8500012789         7.375           1614.82              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012644         7.125           3570.71              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012645         7.875            698.25              0.25           0.25         0.0175        10/1/2006          6/21/2006
      1105114669             8           2920.31              0.25           0.25         0.0175        10/1/2006          7/18/2006
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      8500012338         7.625            3841.2              0.25           0.25         0.0175        10/1/2006          6/15/2006
      8500012659           6.5           1035.94              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8600013871          7.75           5554.17              0.25           0.25         0.0175        10/1/2006           7/7/2006
        98112030           6.1           3029.98               0.5            0.5         0.0175        10/1/2006          6/27/2006
        99106114          6.75           3015.99               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98820871          6.35            1915.6               0.5            0.5         0.0175        10/1/2006          6/30/2006
        98772437         7.225           1252.09               0.5            0.5         0.0175        10/1/2006           7/3/2006
       151862083          7.95           1971.77               0.5            0.5         0.0175        10/1/2006          6/26/2006
        98914633           7.8           1266.98               0.5            0.5         0.0175        10/1/2006          6/12/2006
        98921992          8.25            667.46               0.5            0.5         0.0175        10/1/2006          6/26/2006
        99172637          8.35            2062.6               0.5            0.5         0.0175        10/1/2006           7/5/2006
       150473163          6.99           3317.18               0.5            0.5         0.0175        10/1/2006          5/30/2006
        98510233          10.2           1421.41               0.5            0.5         0.0175        10/1/2006           6/8/2006
       148973407          7.99           3100.88               0.5            0.5         0.0175        10/1/2006           6/8/2006
        97037790          6.75            2360.9               0.5            0.5         0.0175        10/1/2006          5/17/2006
        97576599           9.5            2556.2               0.5            0.5         0.0175        10/1/2006          5/19/2006
       151527322          7.35           2988.39               0.5            0.5         0.0175        10/1/2006          5/30/2006
        97596993           9.4            1533.1               0.5            0.5         0.0175        10/1/2006           5/9/2006
      8500012749         7.625           2846.67              0.25           0.25         0.0175        10/1/2006          6/14/2006
      8500012440           7.5           1915.85              0.25           0.25         0.0175        10/1/2006           6/8/2006
      8500012784         7.375           1828.69              0.25           0.25         0.0175        10/1/2006          5/26/2006
      1701123665         7.125              2185              0.25           0.25         0.0175        10/1/2006          7/25/2006
      1115103421         7.875            2102.7              0.25           0.25         0.0175        10/1/2006          7/17/2006
      8600013805           7.5            2045.2              0.25           0.25         0.0175        10/1/2006          6/30/2006
      1701123016         7.125           2208.75              0.25           0.25         0.0175        10/1/2006           7/6/2006
       141007880           7.9           2185.51               0.5            0.5         0.0175        10/1/2006         12/20/2005
       151785920          7.35           1132.55               0.5            0.5         0.0175        10/1/2006          7/12/2006
        98327117          7.25           2844.68               0.5            0.5         0.0175        10/1/2006          6/15/2006
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      1308004726         7.375            767.34              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1309008947          7.25           1514.87              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1309008951         7.875            1837.5              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1309009016           6.5            793.43              0.25           0.25         0.0175        10/1/2006          8/31/2006
      1310012287           9.5           1064.94              0.25           0.25         0.0175        10/1/2006          4/28/2006
      1310012794           7.5            903.35              0.25           0.25         0.0175        10/1/2006          8/18/2006
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      1326001148         6.875           1402.79              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1326001186             7            809.01              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1701123010         6.875            1497.8              0.25           0.25         0.0175        10/1/2006           8/2/2006
      1701123237         7.375           3318.75              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1701123273         7.375           2679.58              0.25           0.25         0.0175        10/1/2006          7/24/2006
      1701123347         7.375           1873.11              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1701123358         7.375           3048.33              0.25           0.25         0.0175        10/1/2006          7/18/2006
      1701123479         7.125           2089.41              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1701123517          8.25           1051.53              0.25           0.25         0.0175        10/1/2006           8/7/2006
      1701123518         7.125           3681.25              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701123529          6.99           1125.39              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1701123567         7.375           1204.58              0.25           0.25         0.0175        10/1/2006           8/7/2006
      1701123581             7           2333.33              0.25           0.25         0.0175        10/1/2006           8/2/2006
      1701123644           7.5              2025              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1701123691          7.75           2490.33              0.25           0.25         0.0175        10/1/2006          7/28/2006
      1701123870         7.375           3304.19              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1701123898         6.875           2739.39              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1701123902          6.75            908.04              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1701123941           7.5              1280              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1701123972          7.25           1619.17              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1701124003             7           2263.33              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1701124018          6.99           2300.88              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1701124031         6.875              2750              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1701124063          6.99           1698.13              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1701124077         6.875            527.08              0.25           0.25         0.0175        10/1/2006          8/11/2006
      1701124098         7.375           1051.21              0.25           0.25         0.0175        10/1/2006          8/21/2006
      1701124109         7.375           1612.67              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1701124119          6.99            2050.4              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1701124217         7.125              1900              0.25           0.25         0.0175        10/1/2006          8/17/2006
      1701124352          6.75               945              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1705000811          7.75              2480              0.25           0.25         0.0175        10/1/2006           8/4/2006
      1706102330          7.25           1200.63              0.25           0.25         0.0175        10/1/2006           8/1/2006
      1706102381          7.75           1136.67              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1706102414         7.375           2753.33              0.25           0.25         0.0175        10/1/2006           8/8/2006
      1706102450          6.75              3015              0.25           0.25         0.0175        10/1/2006           8/2/2006
      1706102470           7.5               915              0.25           0.25         0.0175        10/1/2006          8/18/2006
      1706102474          6.75           1897.15              0.25           0.25         0.0175        10/1/2006          8/15/2006
      1707101351         7.625           1267.66              0.25           0.25         0.0175        10/1/2006          8/25/2006
      1707101456           8.5            889.67              0.25           0.25         0.0175        10/1/2006           8/3/2006
      1707101671         6.875           3414.58              0.25           0.25         0.0175        10/1/2006          8/14/2006
      1707101677          6.25           1554.17              0.25           0.25         0.0175        10/1/2006           8/9/2006
      1707101697          7.25           1497.73              0.25           0.25         0.0175        10/1/2006          8/16/2006
      1707101770         6.875           1970.83              0.25           0.25         0.0175        10/1/2006          8/23/2006
      1901026518          6.75            3401.9              0.25           0.25         0.0175        10/1/2006           8/7/2006
      1901026622          6.75           1361.25              0.25           0.25         0.0175        10/1/2006          8/25/2006
      8500012700           7.5            821.28              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012755          7.75            1751.5              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012762           7.5              2175              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012765          7.75            2092.5              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012768          7.25           1364.35              0.25           0.25         0.0175        10/1/2006          7/11/2006
      8500012770          6.99            973.02              0.25           0.25         0.0175        10/1/2006           6/8/2006
      8500012774          9.25            620.38              0.25           0.25         0.0175        10/1/2006          6/23/2006
      8500012808          5.75           2799.59              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012821         6.875           2842.95              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500012822          6.75           2756.54              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012827         6.375           2809.86              0.25           0.25         0.0175        10/1/2006          6/24/2006
      8500012830         7.625           1879.23              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012856           5.5           1522.24              0.25           0.25         0.0175        10/1/2006          6/19/2006
      8500012881          6.25           3045.38              0.25           0.25         0.0175        10/1/2006          6/24/2006
      8500012898         7.125           2968.75              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012923         7.875            447.73              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012925           7.5           1574.98              0.25           0.25         0.0175        10/1/2006          7/19/2006
      8500012934         7.625           1504.06              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500012937         7.875            536.55              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012944           8.5            657.42              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500012955         8.625            495.84              0.25           0.25         0.0175        10/1/2006          6/28/2006
      8500012964         7.875           1239.87              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500012985         6.875           1879.17              0.25           0.25         0.0175        10/1/2006          6/20/2006
      8500013007           6.5           2101.67              0.25           0.25         0.0175        10/1/2006           7/3/2006
      8500013016         6.875           2627.72              0.25           0.25         0.0175        10/1/2006          6/22/2006
      8500013024         6.875           2364.94              0.25           0.25         0.0175        10/1/2006          6/21/2006
      8500013025         6.875           2102.17              0.25           0.25         0.0175        10/1/2006          6/19/2006
      8500013028         6.875           1937.94              0.25           0.25         0.0175        10/1/2006          6/26/2006
      8500013031           7.5           2109.38              0.25           0.25         0.0175        10/1/2006          6/30/2006
      8500013033         6.875           2072.61              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013041           7.5           1106.88              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013121           6.5           1788.75              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013124          7.25           3093.33              0.25           0.25         0.0175        10/1/2006           7/7/2006
      8500013137           7.5            1649.8              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500013139           6.5           1153.52              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013144          6.25           1796.88              0.25           0.25         0.0175        10/1/2006           7/5/2006
      8500013145          6.75           1816.07              0.25           0.25         0.0175        10/1/2006          7/11/2006
      8500013149         6.875           2415.93              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8500013187         7.625            988.07              0.25           0.25         0.0175        10/1/2006          6/29/2006
      8500013209             8              2130              0.25           0.25         0.0175        10/1/2006          6/20/2006
      8500013214          7.25           1056.01              0.25           0.25         0.0175        10/1/2006          7/14/2006
      8500013230         6.875           3093.75              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8500013239          6.75           2531.25              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500013247         6.625           4092.87              0.25           0.25         0.0175        10/1/2006          7/27/2006
      8500013253          6.75            1621.5              0.25           0.25         0.0175        10/1/2006          7/12/2006
      8500013268         7.875           1166.48              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500013280          6.75           2270.09              0.25           0.25         0.0175        10/1/2006          7/24/2006
      8500013284          6.75           1548.59              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500013285          6.75           1548.59              0.25           0.25         0.0175        10/1/2006          7/21/2006
      8500013542           7.5           3199.61              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500013545         6.875            890.74              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8500013548             7            984.65              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8500013615         7.375           3343.33              0.25           0.25         0.0175        10/1/2006          7/26/2006
      8500013633         6.875           2578.13              0.25           0.25         0.0175        10/1/2006           8/4/2006
      8600013951         7.875              2625              0.25           0.25         0.0175        10/1/2006          7/13/2006
      8600014094         7.875           2756.25              0.25           0.25         0.0175        10/1/2006          7/25/2006
      8600014113          8.25              3355              0.25           0.25         0.0175        10/1/2006          7/28/2006
      8600014196             7           1773.33              0.25           0.25         0.0175        10/1/2006          7/31/2006
      8600014504         7.875           2374.67              0.25           0.25         0.0175        10/1/2006          8/14/2006
      8600014596          7.25           1715.83              0.25           0.25         0.0175        10/1/2006           8/2/2006
      8600014951         6.875           1346.35              0.25           0.25         0.0175        10/1/2006          8/11/2006



loanid                fpdate           paid2date         mtdate          age       schedrterm         appval          apprform
----------------------------------------------------------------------------------------------------------------------------------
        98374671         7/1/2006          9/1/2006        6/1/2036         4                356          480000      URAR
      1310012807         9/1/2006          9/1/2006        8/1/2036         2                358          185000      URAR
      1304007618         9/1/2006         10/1/2006        8/1/2036         2                358          316000      URAR
      1310012684         9/1/2006          9/1/2006        8/1/2036         2                358          108500      URAR
      1325000258         9/1/2006          9/1/2006        8/1/2036         2                358          110000      URAR
        97636476         7/1/2006          9/1/2006        6/1/2036         4                356          430000      URAR
      1323001742         9/1/2006          9/1/2006        8/1/2036         2                358          223000      URAR
      1309008902         9/1/2006          9/1/2006        8/1/2036         2                358          179000      URAR
      1328000223         9/1/2006          9/1/2006        8/1/2036         2                358          214000      URAR
      1326001175         9/1/2006          9/1/2006        8/1/2036         2                358          175000      URAR
      8500012342         8/1/2006         10/1/2006        7/1/2036         3                357          745000      URAR
      1105115291        10/1/2006         10/1/2006        9/1/2036         1                359           95000      URAR
      8500012647         8/1/2006          9/1/2006        7/1/2036         3                357          340000      URAR
      1115103480         9/1/2006         10/1/2006        8/1/2036         2                358          143000      URAR
      8500012304         8/1/2006          9/1/2006        7/1/2036         3                357         1500000      URAR
      1311005071         9/1/2006          9/1/2006        8/1/2036         2                358          157000      URAR
      8600013697         9/1/2006          9/1/2006        8/1/2036         2                358          210000      URAR
      1701123359         9/1/2006         10/1/2006        8/1/2036         2                358          289950      URAR
      8500012451         8/1/2006         10/1/2006        7/1/2036         3                357          435000      URAR
      1105115219         9/1/2006          9/1/2006        8/1/2036         2                358          213000      URAR
        98392038         8/1/2006          9/1/2006        7/1/2036         3                357         1100000      URAR
        98321755         8/1/2006          9/1/2006        7/1/2036         3                357          440000      URAR
        99479271         8/1/2006          9/1/2006        7/1/2036         3                357          330000      URAR
        98394075         8/1/2006         10/1/2006        7/1/2036         3                357          140000      URAR
        99479792         8/1/2006          9/1/2006        7/1/2036         3                357          495000      URAR
        97497192         7/1/2006          9/1/2006        6/1/2036         4                356          450000      URAR
        98103153         7/1/2006          9/1/2006        6/1/2036         4                356          585000      URAR
        97839393         7/1/2006          9/1/2006        6/1/2036         4                356          525000      URAR
        98182033         8/1/2006          9/1/2006        7/1/2036         3                357          750000      URAR
       151539681         7/1/2006          9/1/2006        6/1/2036         4                356          389911      URAR
      1707101305         9/1/2006         10/1/2006        8/1/2036         2                358          262000      URAR
       151869542         8/1/2006         10/1/2006        7/1/2036         3                357          315500      AVM
        98876196         8/1/2006          9/1/2006        7/1/2036         3                357          690000      URAR
        98394752         8/1/2006         10/1/2006        7/1/2036         3                357          725000      URAR
        99422990         9/1/2006         10/1/2006        8/1/2036         2                358          785000      URAR
        99034555         8/1/2006          9/1/2006        7/1/2036         3                357          435000      URAR
        98394950         8/1/2006         10/1/2006        7/1/2036         3                357          420000      URAR
        98288590         8/1/2006          9/1/2006        7/1/2036         3                357          252000      URAR
      1701123087         9/1/2006          9/1/2006        8/1/2036         2                358          470000      URAR
      1701123130         9/1/2006          9/1/2006        8/1/2036         2                358          590000      URAR
        98349277         7/1/2006          9/1/2006        6/1/2036         4                356          475000      URAR
       151247483         7/1/2006          9/1/2006        6/1/2036         4                356          406900      URAR
        97845234         7/1/2006          9/1/2006        6/1/2036         4                356          470000      URAR
        85923779         8/1/2006          9/1/2006        7/1/2036         3                357          413000      URAR
        98259831         8/1/2006         10/1/2006        7/1/2021         3                177          350000      URAR
        97474951         7/1/2006         10/1/2006        6/1/2036         4                356          209000      URAR
        98838311         8/1/2006         10/1/2006        7/1/2036         3                357          220000      URAR
       151406246         7/1/2006          9/1/2006        6/1/2036         4                356          595400      URAR
      1310012528         9/1/2006         10/1/2006        8/1/2036         2                358          220000      URAR
      1301002110         9/1/2006         10/1/2006        8/1/2036         2                358          280000      URAR
      8500012636         8/1/2006          9/1/2006        7/1/2036         3                357          587000      URAR
      1701122953         9/1/2006          9/1/2006        8/1/2036         2                358          315000      URAR
        97878276         7/1/2006          9/1/2006        6/1/2036         4                356          205000      URAR
      8500012618         8/1/2006          9/1/2006        7/1/2036         3                357          512000      URAR
      8500012436         7/1/2006          9/1/2006        6/1/2036         4                356          824000      URAR
      1901025753         8/1/2006          9/1/2006        7/1/2021         3                177          307500      URAR
      1311004987         9/1/2006          9/1/2006        8/1/2036         2                358          130000      URAR
      1105114884         9/1/2006          9/1/2006        8/1/2036         2                358          175000      URAR
      1707101357         9/1/2006          9/1/2006        8/1/2036         2                358          200000      URAR
      8500012971         8/1/2006          9/1/2006        7/1/2036         3                357          185000      URAR
      1105115063         9/1/2006          9/1/2006        8/1/2036         2                358          282000      URAR
        97214118         7/1/2006          9/1/2006        6/1/2036         4                356          475000      URAR
        97851034         7/1/2006          9/1/2006        6/1/2036         4                356          429000      URAR
        99038390         9/1/2006         10/1/2006        8/1/2036         2                358          390000      URAR
        99487399         8/1/2006          9/1/2006        7/1/2036         3                357          659000      URAR
      1701123306         9/1/2006          9/1/2006        8/1/2036         2                358          879000      URAR
      1115103457         9/1/2006          9/1/2006        8/1/2036         2                358          285000      URAR
      1105115086         9/1/2006          9/1/2006        8/1/2036         2                358           95000      URAR
      1707101130         9/1/2006          9/1/2006        8/1/2036         2                358          460000      URAR
      8500012441         8/1/2006         10/1/2006        7/1/2036         3                357          571000      URAR
        99636557         9/1/2006         10/1/2006        8/1/2036         2                358          390000      URAR
        99650798         8/1/2006          9/1/2006        7/1/2036         3                357          230395      URAR
        99680837         9/1/2006          9/1/2006        8/1/2036         2                358          825000      URAR
        99635997         9/1/2006          9/1/2006        8/1/2036         2                358          258400      URAR
        99646879         8/1/2006          9/1/2006        7/1/2036         3                357          225817      URAR
        99735755         8/1/2006         10/1/2006        7/1/2036         3                357          550000      URAR
      1701123475         9/1/2006          9/1/2006        8/1/2036         2                358          900000      URAR
       151664224         8/1/2006         10/1/2006        7/1/2036         3                357          330000      URAR
       151671625         8/1/2006         10/1/2006        7/1/2031         3                297          410700      AVM
       150216067         8/1/2006          9/1/2006        7/1/2036         3                357          320000      URAR
        97834113         8/1/2006          9/1/2006        7/1/2036         3                357          245000      URAR
        99488439         8/1/2006          9/1/2006        7/1/2036         3                357          595000      URAR
      1101003525         9/1/2006          9/1/2006        8/1/2036         2                358         2200000      URAR
      1102001734        10/1/2006         10/1/2006        9/1/2036         1                359          220000      URAR
      1105115180        10/1/2006         10/1/2006        9/1/2036         1                359          155000      URAR
        99480394         8/1/2006         10/1/2006        7/1/2036         3                357          730000      URAR
       151765823         8/1/2006          9/1/2006        7/1/2036         3                357          350000      URAR
        98886351         8/1/2006         10/1/2006        7/1/2036         3                357          362000      URAR
        99036634         8/1/2006          9/1/2006        7/1/2036         3                357          930000      URAR
      1115103373         9/1/2006          9/1/2006        8/1/2036         2                358          960000      URAR
        99561474         8/1/2006          9/1/2006        7/1/2036         3                357          550000      URAR
        99578593         9/1/2006         10/1/2006        8/1/2036         2                358          115000      URAR
       151691326         8/1/2006          9/1/2006        7/1/2036         3                357          322100      AVM
        99586356         8/1/2006          9/1/2006        7/1/2036         3                357          180000      URAR
        99608275         8/1/2006          9/1/2006        7/1/2036         3                357          660000      URAR
        99571838         8/1/2006          9/1/2006        7/1/2036         3                357          268000      URAR
        98713274         8/1/2006          9/1/2006        7/1/2036         3                357          450000      URAR
        97920474         7/1/2006         10/1/2006        6/1/2036         4                356          485000      URAR
        99308033         9/1/2006         10/1/2006        8/1/2036         2                358          640000      URAR
        98450711         8/1/2006          9/1/2006        7/1/2036         3                357          800000      URAR
      1105115199        10/1/2006         10/1/2006        9/1/2036         1                359          630000      URAR
      1105115213        10/1/2006         10/1/2006        9/1/2036         1                359          280000      URAR
      1105115241        10/1/2006         10/1/2006        9/1/2036         1                359          460000      URAR
      1105115284        10/1/2006         10/1/2006        9/1/2036         1                359          194000      URAR
      1105115415        10/1/2006         10/1/2006        9/1/2036         1                359          385000      URAR
      8500012055         7/1/2006          8/1/2006        6/1/2036         4                356          675000      URAR
      8500012187         8/1/2006          9/1/2006        7/1/2021         3                177          140000      URAR
      8500012632         8/1/2006          9/1/2006        7/1/2036         3                357          250000      URAR
      8500012294         8/1/2006          9/1/2006        7/1/2036         3                357          900000      URAR
      8500012445         8/1/2006          9/1/2006        7/1/2036         3                357          412000      URAR
        98224074         8/1/2006          9/1/2006        7/1/2036         3                357           71000      URAR
        99506792         8/1/2006          9/1/2006        7/1/2036         3                357          690000      URAR
        98511751         8/1/2006          9/1/2006        7/1/2036         3                357          560000      URAR
       151733706         8/1/2006          9/1/2006        7/1/2036         3                357          274300      AVM
      8500012790         8/1/2006          9/1/2006        7/1/2036         3                357          330000      URAR
        98301799         7/1/2006         10/1/2006        6/1/2036         4                356          780000      URAR
        97954911         7/1/2006         10/1/2006        6/1/2036         4                356          460000      URAR
        96976675         7/1/2006          9/1/2006        6/1/2036         4                356          415000      URAR
        97956155         7/1/2006         10/1/2006        6/1/2036         4                356          690000      URAR
       151631686         7/1/2006         10/1/2006        6/1/2036         4                356          316800      URAR
      8500012279         8/1/2006          9/1/2006        7/1/2036         3                357          575000      URAR
        97837116         7/1/2006          9/1/2006        6/1/2036         4                356          350000      URAR
        99431272         8/1/2006         10/1/2006        7/1/2036         3                357          440000      URAR
       140847922         2/1/2006          9/1/2006        1/1/2036         9                351          422806      AVM
        98983190         8/1/2006          9/1/2006        7/1/2026         3                237          188000      URAR
      8500012793         8/1/2006          9/1/2006        7/1/2036         3                357          156000      URAR
      8500012646         8/1/2006          9/1/2006        7/1/2036         3                357          187000      URAR
      1105115068         9/1/2006          9/1/2006        8/1/2036         2                358          564000      URAR
      1105115312         9/1/2006         10/1/2006        8/1/2036         2                358          253000      URAR
      8500012802         8/1/2006          9/1/2006        7/1/2036         3                357          193000      URAR
        86081932         8/1/2006          9/1/2006        7/1/2036         3                357          329000      URAR
        98404197         8/1/2006         10/1/2006        7/1/2036         3                357          370000      URAR
      1105115188        10/1/2006         10/1/2006        9/1/2036         1                359           84000      URAR
        98144876         7/1/2006          9/1/2006        6/1/2036         4                356          438000      URAR
        97953194         7/1/2006          9/1/2006        6/1/2036         4                356          470000      URAR
      8500012666         8/1/2006          9/1/2006        7/1/2036         3                357          200000      URAR
      8500012332         8/1/2006          9/1/2006        7/1/2026         3                237          800000      URAR
      1315003373         9/1/2006          9/1/2006        8/1/2036         2                358          730000      URAR
      1311004982         9/1/2006          9/1/2006        8/1/2036         2                358          135000      URAR
      1323001600         9/1/2006          9/1/2006        8/1/2036         2                358          214000      URAR
      1323001754         9/1/2006          9/1/2006        8/1/2036         2                358          250000      URAR
      1310012740         9/1/2006          9/1/2006        8/1/2036         2                358          370000      URAR
        98805237         8/1/2006          9/1/2006        7/1/2036         3                357          369000      URAR
        99021875         8/1/2006          9/1/2006        7/1/2036         3                357          600000      URAR
        99003279         8/1/2006          9/1/2006        7/1/2036         3                357          350000      URAR
        98147150         8/1/2006          9/1/2006        7/1/2036         3                357          650000      URAR
        98149198         7/1/2006          9/1/2006        6/1/2036         4                356          610000      URAR
        96496195         7/1/2006          9/1/2006        6/1/2036         4                356          606000      URAR
        97826036         7/1/2006         10/1/2006        6/1/2036         4                356          875000      URAR
        97827158         7/1/2006         10/1/2006        6/1/2036         4                356          756000      URAR
        98776719         8/1/2006          9/1/2006        7/1/2036         3                357          515000      URAR
        99252835         8/1/2006          9/1/2006        7/1/2036         3                357          560000      URAR
        98209752         8/1/2006          9/1/2006        7/1/2036         3                357          330000      URAR
        97882476         7/1/2006          9/1/2006        6/1/2036         4                356          365000      URAR
        98221799         8/1/2006          9/1/2006        7/1/2036         3                357          650000      URAR
       151505229         7/1/2006         10/1/2006        6/1/2036         4                356          531800      URAR
      8500012033         8/1/2006          9/1/2006        7/1/2036         3                357          795000      URAR
      8500012307         7/1/2006          9/1/2006        6/1/2021         4                176          180000      URAR
      8500012978         9/1/2006          9/1/2006        8/1/2036         2                358          556000      URAR
        97563035         7/1/2006          9/1/2006        6/1/2036         4                356          310000      URAR
        97574875         8/1/2006          9/1/2006        7/1/2036         3                357          320000      URAR
        97579395         7/1/2006          9/1/2006        6/1/2036         4                356          651000      URAR
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      1707101361         9/1/2006         10/1/2006        8/1/2036         2                358          500000      URAR
      1707101374        10/1/2006         10/1/2006        9/1/2036         1                359          700000      URAR
      1707101404        10/1/2006         11/1/2006        9/1/2036         1                359          505000      URAR
      1707101458        10/1/2006         10/1/2006        9/1/2036         1                359          841000      URAR
      8500012038         8/1/2006          9/1/2006        7/1/2036         3                357          760000      URAR
      1706102251         9/1/2006          9/1/2006        8/1/2036         2                358          174000      URAR
      8500012753         8/1/2006          9/1/2006        7/1/2036         3                357         1500000      URAR
      8500012797         8/1/2006          9/1/2006        7/1/2036         3                357          422000      URAR
      8500012798         8/1/2006          9/1/2006        7/1/2036         3                357          183000      URAR
      1707101549        10/1/2006         10/1/2006        9/1/2036         1                359          475000      URAR
      1707101692        10/1/2006         10/1/2006        9/1/2036         1                359          523000      URAR
      1707101773        10/1/2006         10/1/2006        9/1/2036         1                359          508000      URAR
      1707101814        10/1/2006         10/1/2006        9/1/2036         1                359          325000      URAR
      1707101867        10/1/2006         10/1/2006        9/1/2036         1                359          422000      URAR
      8500012036         8/1/2006          9/1/2006        7/1/2036         3                357          620000      URAR
      8500012438         8/1/2006          9/1/2006        7/1/2036         3                357          275000      URAR
      1105115097         9/1/2006          9/1/2006        8/1/2036         2                358          250000      URAR
       141021824         2/1/2006          9/1/2006        1/1/2036         9                351           85572      AVM
        98291917         8/1/2006          9/1/2006        7/1/2036         3                357          485000      URAR
      8500012694         8/1/2006         10/1/2006        7/1/2036         3                357          810000      URAR
      8500012758         8/1/2006         10/1/2006        7/1/2036         3                357          415000      URAR
      8500012764         8/1/2006          8/1/2006        7/1/2036         3                357          437500      URAR
      8500012771         8/1/2006         10/1/2006        7/1/2036         3                357          450000      URAR
      8500012772         9/1/2006         10/1/2006        8/1/2036         2                358          800000      URAR
      1701124124        10/1/2006         10/1/2006        9/1/2036         1                359          680000      URAR
      1701124139        10/1/2006         10/1/2006        9/1/2036         1                359          620000      URAR
      1701124143        10/1/2006          9/1/2006        9/1/2036         1                359          335000      URAR
      1701124404        10/1/2006         10/1/2006        9/1/2036         1                359          580000      URAR
      1706102343         9/1/2006         10/1/2006        8/1/2036         2                358          439000      URAR
      8500012806         8/1/2006         10/1/2006        7/1/2036         3                357          296000      URAR
      8500012823         8/1/2006         10/1/2006        7/1/2036         3                357         1125000      URAR
      8500012851         8/1/2006          9/1/2006        7/1/2036         3                357          557000      URAR
      8500012892         8/1/2006         10/1/2006        7/1/2036         3                357          616000      URAR
      8500012895         9/1/2006         10/1/2006        8/1/2036         2                358          770000      URAR
      1706102418        10/1/2006         10/1/2006        9/1/2036         1                359          673000      URAR
      1706102479        10/1/2006         10/1/2006        9/1/2036         1                359          680000      URAR
      1706102497        10/1/2006         10/1/2006        9/1/2036         1                359         1350000      URAR
      1706102519        10/1/2006         10/1/2006        9/1/2036         1                359          186000      URAR
      1707101285        10/1/2006         10/1/2006        9/1/2036         1                359          530000      URAR
      8500012904         9/1/2006         10/1/2006        8/1/2036         2                358          512000      URAR
      8500012906         9/1/2006         10/1/2006        8/1/2036         2                358          110000      URAR
      8500012907         9/1/2006         10/1/2006        8/1/2036         2                358          310000      URAR
      8500012909         9/1/2006         10/1/2006        8/1/2036         2                358          254000      URAR
      8500012914         8/1/2006         10/1/2006        7/1/2036         3                357          395000      URAR
      1707101373         9/1/2006         10/1/2006        8/1/2036         2                358          445000      URAR
      1707101555        10/1/2006         10/1/2006        9/1/2036         1                359          570000      URAR
      1707101636        10/1/2006         10/1/2006        9/1/2036         1                359          255000      URAR
      1707101781        10/1/2006         10/1/2006        9/1/2036         1                359          700000      URAR
      1707101788        10/1/2006         10/1/2006        9/1/2036         1                359          525000      URAR
      8500012918         9/1/2006         10/1/2006        8/1/2036         2                358          240000      URAR
      8500012931         9/1/2006         10/1/2006        8/1/2036         2                358          113000      URAR
      8500012933         8/1/2006         10/1/2006        7/1/2021         3                177          117000      URAR
      8500012936         8/1/2006         10/1/2006        7/1/2021         3                177          180000      URAR
      8500012939         9/1/2006         10/1/2006        8/1/2036         2                358           80000      URAR
      1707101804        10/1/2006         10/1/2006        9/1/2036         1                359          430000      URAR
      1901026675        10/1/2006         10/1/2006        9/1/2036         1                359          735000      URAR
      8500012761         8/1/2006         10/1/2006        7/1/2036         3                357          600000      URAR
      8500012776         8/1/2006         10/1/2006        7/1/2036         3                357          138000      URAR
      8500012847         8/1/2006         10/1/2006        7/1/2036         3                357          754000      URAR
      8500012940         9/1/2006         10/1/2006        8/1/2036         2                358           90000      URAR
      8500012946         8/1/2006         10/1/2006        7/1/2036         3                357           78000      URAR
      8500012954         9/1/2006         10/1/2006        8/1/2026         2                238          126000      URAR
      8500012966         9/1/2006         10/1/2006        8/1/2036         2                358          222000      URAR
      8500012986         9/1/2006         10/1/2006        8/1/2036         2                358          512000      URAR
      8500012916         8/1/2006         10/1/2006        7/1/2036         3                357          104000      URAR
      8500012920         9/1/2006         10/1/2006        8/1/2026         2                238          285000      URAR
      8500012928         9/1/2006         10/1/2006        8/1/2036         2                358          127000      URAR
      8500012932         9/1/2006         10/1/2006        8/1/2036         2                358          291500      URAR
      8500012935         9/1/2006         10/1/2006        8/1/2036         2                358          450000      URAR
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      8500012998         8/1/2006         10/1/2006        7/1/2036         3                357          300000      URAR
      8500013005         9/1/2006         10/1/2006        8/1/2036         2                358          365000      URAR
      8500013008         8/1/2006         10/1/2006        7/1/2036         3                357          214000      URAR
      8500013011         6/1/2006         10/1/2006        5/1/2036         5                355          540000      URAR
      8500012957         9/1/2006         11/1/2006        8/1/2021         2                178           77500      URAR
      8500012959         9/1/2006         10/1/2006        8/1/2036         2                358          152000      URAR
      8500012960         9/1/2006         10/1/2006        8/1/2036         2                358           86100      URAR
      8500012967         9/1/2006          9/1/2006        8/1/2021         2                178           69500      URAR
      8500012997         9/1/2006         10/1/2006        8/1/2036         2                358          700000      URAR
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        98057391         7/1/2006          9/1/2006        6/1/2036         4                356          335000      URAR
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       145943866         7/1/2006          9/1/2006        6/1/2036         4                356          474100      URAR
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       151741485         8/1/2006          9/1/2006        7/1/2036         3                357          168526      AVM
        98056872         7/1/2006          9/1/2006        6/1/2036         4                356          660000      URAR
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        98296916         7/1/2006          9/1/2006        6/1/2036         4                356          335000      URAR
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       151898806         8/1/2006          9/1/2006        7/1/2036         3                357          336000      AVM
        98199839         8/1/2006          9/1/2006        7/1/2036         3                357          660000      URAR
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       151758703         8/1/2006         10/1/2006        7/1/2021         3                177          145000      URAR
       151850625         8/1/2006          9/1/2006        7/1/2036         3                357          282000      URAR
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        98016595         7/1/2006          9/1/2006        6/1/2036         4                356          703000      URAR
       151534203         7/1/2006          8/1/2006        6/1/2036         4                356          180000      URAR
       151798584         8/1/2006          9/1/2006        7/1/2036         3                357          470000      URAR
        98301716         8/1/2006         10/1/2006        7/1/2036         3                357          900000      URAR
        98151954         8/1/2006         10/1/2006        7/1/2036         3                357          366000      URAR
        99165078         8/1/2006          9/1/2006        7/1/2036         3                357          260000      URAR
      1105002004        10/1/2006         10/1/2006        9/1/2036         1                359          575000      URAR
      1105115009         9/1/2006         11/1/2006        8/1/2036         2                358          115000      URAR
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        97951073         7/1/2006          9/1/2006        6/1/2036         4                356          700000      URAR
        98001837         7/1/2006          9/1/2006        6/1/2036         4                356          437000      URAR
        97393516         7/1/2006          9/1/2006        6/1/2036         4                356          395000      URAR
       151620606         8/1/2006          9/1/2006        7/1/2036         3                357          440100      URAR
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        98747710         8/1/2006         10/1/2006        7/1/2036         3                357          775000      URAR
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        99047714         8/1/2006          9/1/2006        7/1/2036         3                357          435000      URAR
        98454432         8/1/2006         10/1/2006        7/1/2036         3                357          550000      URAR
        98226756         8/1/2006          9/1/2006        7/1/2036         3                357          400000      URAR
        97893317         7/1/2006          9/1/2006        6/1/2036         4                356          755000      URAR
       151524600         7/1/2006          9/1/2006        6/1/2036         4                356          400000      URAR
        97597116         7/1/2006          9/1/2006        6/1/2036         4                356          192457      URAR
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       151964889         8/1/2006          9/1/2006        7/1/2036         3                357          192235      AVM
      8500012785         8/1/2006         10/1/2006        7/1/2036         3                357          120000      URAR
      8500012627         8/1/2006          9/1/2006        7/1/2036         3                357          435000      URAR
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        99038275         8/1/2006          9/1/2006        7/1/2036         3                357          755380      URAR
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      1301002087         8/1/2006         10/1/2006        7/1/2036         3                357          270000      URAR
      1301002107        10/1/2006         10/1/2006        9/1/2036         1                359          740000      URAR
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        97156350         7/1/2006         10/1/2006        6/1/2036         4                356          450000      URAR
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        97496715         7/1/2006          9/1/2006        6/1/2036         4                356          425000      URAR
      1105115567        10/1/2006         10/1/2006        9/1/2036         1                359          400000      URAR
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      1115103590        10/1/2006         10/1/2006        9/1/2036         1                359          269000      URAR
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        99333395         9/1/2006          9/1/2006        8/1/2036         2                358          925000      URAR
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       151862083         8/1/2006          9/1/2006        7/1/2036         3                357          323172      AVM
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        97576599         7/1/2006          9/1/2006        6/1/2036         4                356          380000      URAR
       151527322         7/1/2006          9/1/2006        6/1/2036         4                356          574000      URAR
        97596993         7/1/2006          9/1/2006        6/1/2036         4                356          229900      URAR
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      1701123665         9/1/2006          9/1/2006        8/1/2036         2                358          460000      URAR
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      1701123016         9/1/2006          9/1/2006        8/1/2036         2                358          465000      URAR
       141007880         2/1/2006          9/1/2006        1/1/2036         9                351          350500      AVM
       151785920         9/1/2006          9/1/2006        8/1/2026         2                238          158000      URAR
        98327117         8/1/2006          9/1/2006        7/1/2036         3                357          535000      URAR
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      8600014951        10/1/2006         10/1/2006        9/1/2036         1                359          440000      URAR



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---------------------------------------------------------------------------------------------------------------------------------
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       151797065             0                                          0      FULL            Z                 Y
        86077732             0                                          0      STATED          V                 Y
        98912751             0                                          0      FULL            Z                 Y
      1104001621             0      PMI                                30      STATED          V                 Y
      1105115231             0                                          0      STATED          V                 Y
      1105115310          0.66      UNITEDGUARANTY                     35      STATED          V                 Y
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        99106114             0                                          0      STATED          V                 Y
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      8500012749             0                                          0      FULL            Z                 Y
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      1115103421             0                                          0      NONE            C                 N
      8600013805             0                                          0      STATED          V                 Y
      1701123016             0                                          0      STATED          V                 Y
       141007880             0                                          0      FULL            Z                 Y
       151785920             0                                          0      FULL            Z                 Y
        98327117             0                                          0      FULL            Z                 Y
      1304007771             0                                          0      FULL            Z                 Y
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      1309008951             0                                          0      STATED          V                 Y
      1309009016             0                                          0      FULL            Z                 Y
      1310012287          1.87      PMI                                35      STATED          V                 Y
      1310012794             0                                          0      NONE            C                 Y
      1323001833             0                                          0      FULL            Z                 Y
      1326001148             0                                          0      FULL            Z                 Y
      1326001186             0                                          0      FULL            Z                 Y
      1701123010             0                                          0      NONE            C                 N
      1701123237             0                                          0      STATED          V                 Y
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      1701123347             0                                          0      STATED          V                 Y
      1701123358             0                                          0      STATED          V                 Y
      1701123479             0                                          0      STATED          V                 N
      1701123517          1.04      UNITEDGUARANTY                     35      STATED          V                 Y
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      1701123529             0                                          0      STATED          V                 Y
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      1701123581             0                                          0      STATED          V                 Y
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      1701123898             0                                          0      STATED          V                 Y
      1701123902             0                                          0      STATED          V                 Y
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      1701124031             0                                          0      STATED          V                 Y
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      1701124119             0                                          0      STATED          V                 Y
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      1706102470             0                                          0      STATED          V                 N
      1706102474             0                                          0      STATED          V                 N
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      1707101456          0.97      UNITEDGUARANTY                     35      STATED          V                 Y
      1707101671             0                                          0      STATED          V                 Y
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      8500012944             0      RADIAN                             25      NONE            C                 N
      8500012955             0                                          0      NONE            C                 N
      8500012964             0      RADIAN                             25      NONE            C                 Y
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      8500013033             0                                          0      NONE            C                 N
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      8500013124             0                                          0      STATED          V                 Y
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      8500013149             0                                          0      STATED          V                 N
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      8500013545             0                                          0      NONE            C                 Y
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      8500013633             0                                          0      STATED          V                 Y
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      8600014196             0                                          0      STATED          V                 N
      8600014504             0      GEMICO                             30      STATED          V                 N
      8600014596             0                                          0      STATED          V                 N
      8600014951             0                                          0      NONE            C                 N



loanid                moodysdoc          program                        dti           origterm       ioterm       balloon       pppflag
------------------------------------------------------------------------------------------------------------------------------------------
        98374671                  1      FIXED RATE                           44            360            0      N             Y
      1310012807                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1304007618                  4      FIXED 30 YEAR                     44.01            360            0      N             Y
      1310012684                  1      FIXED 30 YEAR                     31.29            360          120      N             Y
      1325000258                  1      FIXED 30 YEAR                     48.33            360            0      N             Y
        97636476                  4      FIXED RATE                           30            360            0      N             N
      1323001742                  4      FIXED 30 YEAR                     39.66            360            0      N             Y
      1309008902                  4      FIXED 30 YEAR                      41.8            360          120      N             Y
      1328000223                  1      FIXED 40/30 YEAR                  48.46            360            0      Y             N
      1326001175                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012342                  6      FIXED 30 YEAR                     39.62            360            0      N             N
      1105115291                  6      FIXED 30 YEAR                      33.2            360            0      N             Y
      8500012647                  4      FIXED 30 YEAR                     39.27            360            0      N             N
      1115103480                  6      FIXED 30 YEAR                      47.3            360            0      N             Y
      8500012304                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1311005071                  4      FIXED 30 YEAR                     32.06            360          120      N             Y
      8600013697                  4      FIXED 30 YEAR                     26.03            360          120      N             Y
      1701123359                  4      FIXED 30 YEAR                      48.9            360          120      N             Y
      8500012451                  4      FIXED 30 YEAR                     40.77            360            0      N             Y
      1105115219                  4      FIXED 30 YEAR                     49.41            360          120      N             N
        98392038                  2      FIXED RATE                           16            360            0      N             Y
        98321755                  1      FIXED RATE - 5YR IO                  42            360           60      N             Y
        99479271                  1      FIXED RATE                           32            360            0      N             Y
        98394075                  4      FIXED RATE                           10            360            0      N             N
        99479792                  4      FIXED RATE                           42            360            0      N             Y
        97497192                  1      FIXED RATE - 40YR                    48            360            0      N             Y
        98103153                  1      FIXED RATE - 40YR                    48            360            0      N             Y
        97839393                  4      FIXED RATE                           47            360            0      N             Y
        98182033                  1      FIXED RATE                           31            360            0      N             Y
       151539681                  1      FIXED RATE                           41            360            0      N             N
      1707101305                  4      FIXED 30 YEAR                     38.19            360          120      N             Y
       151869542                  1      FIXED RATE                           32            360            0      N             Y
        98876196                  1      FIXED RATE                           36            360            0      N             Y
        98394752                  1      FIXED RATE                           33            360            0      N             Y
        99422990                  1      FIXED RATE                           49            360            0      N             Y
        99034555                  1      FIXED RATE - 40YR                    42            360            0      N             N
        98394950                  1      FIXED RATE                           27            360            0      N             Y
        98288590                  4      FIXED RATE                           19            360            0      N             N
      1701123087                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1701123130                  4      FIXED 30 YEAR                     44.88            360            0      N             N
        98349277                  4      FIXED RATE - 40YR                    39            360            0      N             Y
       151247483                  1      FIXED RATE                           43            360            0      N             Y
        97845234                  2      FIXED RATE - 40YR                    38            360            0      N             Y
        85923779                  1      FIXED RATE - 5YR IO                  44            360           60      N             N
        98259831                  1      FIXED RATE                           49            180            0      N             N
        97474951                  1      FIXED RATE                           36            360            0      N             Y
        98838311                  1      FIXED RATE                           21            360            0      N             Y
       151406246                  1      FIXED RATE                           25            360            0      N             Y
      1310012528                  4      FIXED 30 YEAR                     37.91            360          120      N             Y
      1301002110                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012636                  4      FIXED 30 YEAR                     53.21            360            0      N             N
      1701122953                  4      FIXED 30 YEAR                     40.27            360          120      N             Y
        97878276                  2      FIXED RATE                           28            360            0      N             Y
      8500012618                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012436                  4      FIXED 30 YEAR                     49.41            360            0      N             Y
      1901025753                  9      FIXED 15 YEAR                         0            180            0      N             N
      1311004987                  5      FIXED 40/30 YEAR                      0            360            0      Y             Y
      1105114884                  6      FIXED 40/30 YEAR                  36.45            360            0      Y             Y
      1707101357                  6      FIXED 30 YEAR                     48.48            360          120      N             Y
      8500012971                  1      FIXED 40/30 YEAR                  44.68            360            0      Y             N
      1105115063                  4      FIXED 30 YEAR                     42.23            360            0      N             Y
        97214118                  1      FIXED RATE                           33            360            0      N             Y
        97851034                  1      FIXED RATE                           40            360            0      N             Y
        99038390                  1      FIXED RATE                           22            360            0      N             Y
        99487399                  1      FIXED RATE - 5YR IO                  49            360           60      N             Y
      1701123306                  5      FIXED 30 YEAR                         0            360          120      N             N
      1115103457                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1105115086                  4      FIXED 30 YEAR                     30.76            360          120      N             Y
      1707101130                  6      FIXED 40/30 YEAR                  40.81            360            0      Y             N
      8500012441                  1      FIXED 30 YEAR                     45.49            360          120      N             Y
        99636557                  4      FIXED RATE                           18            360            0      N             Y
        99650798                  4      FIXED RATE                           48            360            0      N             Y
        99680837                  1      FIXED RATE - 40YR                    27            360            0      N             Y
        99635997                  4      FIXED RATE                           38            360            0      N             Y
        99646879                  1      FIXED RATE                           42            360            0      N             Y
        99735755                  1      FIXED RATE                           51            360            0      N             Y
      1701123475                  4      FIXED 30 YEAR                     37.17            360          120      N             N
       151664224                  1      FIXED RATE                           33            360            0      N             N
       151671625                  1      FIXED RATE                           30            300            0      N             N
       150216067                  1      FIXED RATE - 5YR IO                  49            360           60      N             Y
        97834113                  1      FIXED RATE - 40YR                    46            360            0      N             N
        99488439                  1      FIXED RATE                           45            360            0      N             Y
      1101003525                  4      FIXED 30 YEAR                      38.1            360          120      N             N
      1102001734                  4      FIXED 30 YEAR                     34.12            360          120      N             N
      1105115180                  4      FIXED 30 YEAR                     28.54            360          120      N             N
        99480394                  1      FIXED RATE                           33            360            0      N             Y
       151765823                  1      FIXED RATE                           44            360            0      N             Y
        98886351                  1      FIXED RATE                           36            360            0      N             N
        99036634                  1      FIXED RATE                           38            360            0      N             Y
      1115103373                  5      FIXED 30 YEAR                         0            360          120      N             N
        99561474                  1      FIXED RATE                           40            360            0      N             N
        99578593                  1      FIXED RATE - 5YR IO                  40            360           60      N             N
       151691326                  1      FIXED RATE                           27            360            0      N             Y
        99586356                  4      FIXED RATE                           27            360            0      N             Y
        99608275                  1      FIXED RATE - 5YR IO                  44            360           60      N             Y
        99571838                  1      FIXED RATE                           25            360            0      N             N
        98713274                  1      FIXED RATE                           31            360            0      N             Y
        97920474                  1      FIXED RATE                           39            360            0      N             Y
        99308033                  1      FIXED RATE                           40            360            0      N             Y
        98450711                  1      FIXED RATE - 40YR                    47            360            0      N             Y
      1105115199                  4      FIXED 40/30 YEAR                  44.88            360            0      Y             N
      1105115213                  4      FIXED 40/30 YEAR                  46.47            360            0      Y             N
      1105115241                  4      FIXED 30 YEAR                     39.08            360            0      N             N
      1105115284                  1      FIXED 30 YEAR                     25.57            360            0      N             Y
      1105115415                  6      FIXED 40/30 YEAR                  49.09            360            0      Y             N
      8500012055                  1      FIXED 30 YEAR                     49.35            360          120      N             Y
      8500012187                  1      FIXED 15 YEAR                     33.16            180            0      N             N
      8500012632                  4      FIXED 30 YEAR                      30.1            360            0      N             N
      8500012294                  4      FIXED 30 YEAR                     44.99            360            0      N             N
      8500012445                  1      FIXED 30 YEAR                      44.5            360          120      N             Y
        98224074                  4      FIXED RATE                           33            360            0      N             Y
        99506792                  1      FIXED RATE                           29            360            0      N             Y
        98511751                  1      FIXED RATE                           24            360            0      N             Y
       151733706                  1      FIXED RATE                           28            360            0      N             Y
      8500012790                  5      FIXED 30 YEAR                         0            360          120      N             N
        98301799                  4      FIXED RATE                           50            360            0      N             Y
        97954911                  1      FIXED RATE                           38            360            0      N             Y
        96976675                  1      FIXED RATE                           30            360            0      N             Y
        97956155                  1      FIXED RATE                           48            360            0      N             Y
       151631686                  1      FIXED RATE - 5YR IO                  15            360           60      N             Y
      8500012279                  5      FIXED 30 YEAR                         0            360          120      N             N
        97837116                  1      FIXED RATE - 5YR IO                  43            360           60      N             Y
        99431272                  1      FIXED RATE - 5YR IO                  23            360           60      N             Y
       140847922                  1      FIXED RATE                           36            360            0      N             Y
        98983190                  1      FIXED RATE                           19            240            0      N             Y
      8500012793                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012646                  9      FIXED 30 YEAR                         0            360          120      N             N
      1105115068                  6      FIXED 30 YEAR                     41.89            360            0      N             N
      1105115312                  4      FIXED 40/30 YEAR                  37.32            360            0      Y             N
      8500012802                  5      FIXED 30 YEAR                         0            360            0      N             Y
        86081932                  1      FIXED RATE                           36            360            0      N             N
        98404197                  1      FIXED RATE                           17            360            0      N             Y
      1105115188                  4      FIXED 30 YEAR                     34.48            360            0      N             Y
        98144876                  1      FIXED RATE                           37            360            0      N             Y
        97953194                  1      FIXED RATE - 5YR IO                  35            360           60      N             Y
      8500012666                  1      FIXED 30 YEAR                     25.25            360          120      N             N
      8500012332                  9      FIXED 20 YEAR                         0            240            0      N             Y
      1315003373                  4      FIXED 30 YEAR                     41.38            360            0      N             Y
      1311004982                  5      FIXED 40/30 YEAR                      0            360            0      Y             Y
      1323001600                  4      FIXED 30 YEAR                     41.57            360            0      N             Y
      1323001754                  1      FIXED 30 YEAR                     39.69            360          120      N             Y
      1310012740                  4      FIXED 30 YEAR                     44.33            360          120      N             Y
        98805237                  4      FIXED RATE                           21            360            0      N             N
        99021875                  4      FIXED RATE - 40YR                    36            360            0      N             Y
        99003279                  1      FIXED RATE - 5YR IO                  42            360           60      N             Y
        98147150                  4      FIXED RATE                           45            360            0      N             Y
        98149198                  1      FIXED RATE - 5YR IO                  45            360           60      N             Y
        96496195                  1      FIXED RATE - 40YR                    46            360            0      N             Y
        97826036                  4      FIXED RATE                           35            360            0      N             Y
        97827158                  1      FIXED RATE - 40YR                    42            360            0      N             Y
        98776719                  1      FIXED RATE - 5YR IO                  44            360           60      N             Y
        99252835                  4      FIXED RATE                           38            360            0      N             Y
        98209752                  1      FIXED RATE - 40YR                    49            360            0      N             Y
        97882476                  1      FIXED RATE - 40YR                    40            360            0      N             N
        98221799                  4      FIXED RATE - 40YR                    38            360            0      N             Y
       151505229                  1      FIXED RATE                           42            360            0      N             N
      8500012033                  4      FIXED 30 YEAR                      34.7            360          120      N             N
      8500012307                  9      FIXED 15 YEAR                         0            180            0      N             N
      8500012978                  6      FIXED 30 YEAR                     43.81            360            0      N             Y
        97563035                  2      FIXED RATE                           42            360            0      N             N
        97574875                  1      FIXED RATE                           31            360            0      N             N
        97579395                  1      FIXED RATE                           47            360            0      N             Y
      8500012622                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500012437                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012750                  1      FIXED 30 YEAR                     29.31            360          120      N             Y
      8500012051                  4      FIXED 30 YEAR                     40.23            360          120      N             N
      1706102300                  6      FIXED 40/30 YEAR                  43.59            360            0      Y             Y
      1701123470                  4      FIXED 30 YEAR                     47.18            360          120      N             N
      1701123405                  6      FIXED 30 YEAR                     41.12            360          120      N             N
      8500012803                  5      FIXED 30 YEAR                         0            360          120      N             N
      1310012601                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1310012697                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1309008828                  4      FIXED 30 YEAR                     36.84            360          120      N             Y
        98711070                  1      FIXED RATE                           45            360            0      N             Y
        98122799                  1      FIXED RATE                           31            360            0      N             Y
        97597918                  1      FIXED RATE                           40            360            0      N             Y
        85913895                  1      FIXED RATE                           49            360            0      N             N
        99238230                  1      FIXED RATE                           31            360            0      N             Y
      8600013771                  6      FIXED 40/30 YEAR                  30.91            360            0      Y             Y
      1706102249                  4      FIXED 30 YEAR                     34.69            360          120      N             N
        97908073                  4      FIXED RATE - 40YR                    33            360            0      N             N
        98345432                  1      FIXED RATE - 40YR                    45            360            0      N             Y
        98350275                  1      FIXED RATE - 5YR IO                  30            360           60      N             Y
        98790637                  1      FIXED RATE - 5YR IO                  31            360           60      N             Y
        99408155                  4      FIXED RATE                           39            360            0      N             Y
        98856511                  4      FIXED RATE                           41            360            0      N             Y
        98770795                  1      FIXED RATE - 40YR                    27            360            0      N             Y
        99245839                  1      FIXED RATE - 5YR IO                  44            360           60      N             N
        98995475                  1      FIXED RATE                           36            360            0      N             Y
        97863195                  1      FIXED RATE - 40YR                    30            360            0      N             Y
        98427156                  1      FIXED RATE                           48            360            0      N             Y
      1309008864                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1301002104                  6      FIXED 15 YEAR                     22.23            180            0      N             Y
      8500012781                  1      FIXED 30 YEAR                     32.77            360          120      N             N
        99167470                  4      FIXED RATE - 5YR IO                  42            360           60      N             Y
        99173718                  4      FIXED RATE - 40YR                    42            360            0      N             Y
        98460512                  1      FIXED RATE                           38            360            0      N             Y
        98235153                  1      FIXED RATE - 40YR                    33            360            0      N             Y
        97569354                  1      FIXED RATE - 40YR                    50            360            0      N             N
      1705000804                  4      FIXED 30 YEAR                      24.6            360          120      N             N
      8500012435                  4      FIXED 30 YEAR                      36.3            360          120      N             Y
        99661118                  1      FIXED RATE                           17            360            0      N             Y
        99717514                  1      FIXED RATE - 40YR                    18            360            0      N             Y
        99789471                  4      FIXED RATE - 40YR                    45            360            0      N             N
      1701123048                  6      FIXED 30 YEAR                     42.82            360          120      N             N
      1701123402                  6      FIXED 30 YEAR                     30.19            360          120      N             Y
        98289234                  1      FIXED RATE                           37            360            0      N             Y
      1105115062                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012631                  1      FIXED 30 YEAR                     45.44            360            0      N             N
       148761406                  1      FIXED RATE                           26            240            0      N             Y
        99850752                  4      FIXED RATE                           52            360            0      N             Y
       151465804                  4      FIXED RATE                           49            360            0      N             Y
        97577795                  1      FIXED RATE - 5YR IO                  37            360           60      N             N
        99599714                  1      FIXED RATE - 5YR IO                  35            360           60      N             N
      8500012628                  4      FIXED 30 YEAR                     41.55            360          120      N             N
        97635114                  1      FIXED RATE                           36            360            0      N             Y
        97844435                  4      FIXED RATE                           49            360            0      N             N
        97124630                  1      FIXED RATE                           43            360            0      N             Y
        98580830                  1      FIXED RATE                           55            360            0      N             Y
        86148731                  4      FIXED RATE - 40YR                    46            360            0      N             Y
        97503874                  1      FIXED RATE                           41            360            0      N             Y
        95833836                  1      FIXED RATE - 40YR                    48            360            0      N             N
        97555312                  1      FIXED RATE                           44            360            0      N             Y
        98386717                  1      FIXED RATE                           26            360            0      N             Y
        98204076                  4      FIXED RATE - 40YR                    28            360            0      N             Y
        99309395                  1      FIXED RATE - 40YR                    50            360            0      N             Y
       149852626                  1      FIXED RATE                           46            360            0      N             N
        99240632                  1      FIXED RATE                           40            360            0      N             Y
      8500012788                  1      FIXED 30 YEAR                      39.6            360          120      N             N
      8500012662                  1      FIXED 30 YEAR                     32.09            360            0      N             N
      8500012328                  5      FIXED 30 YEAR                     46.44            360            0      N             Y
        40622747                  1      EA2                               49.86            360            0      N             N
        97399430                  1      FIXED RATE                           51            360            0      N             Y
       151571908                  1      FIXED RATE                           41            360            0      N             Y
        85606770                  1      FIXED RATE                           48            360            0      N             Y
        97293674                  4      FIXED RATE - 40YR                    41            360            0      N             Y
        97465918                  4      FIXED RATE                           36            360            0      N             Y
        97617757                  1      FIXED RATE                           43            360            0      N             Y
        98086630                  1      FIXED RATE                           35            360            0      N             Y
        98087836                  1      FIXED RATE - 40YR                    45            360            0      N             Y
        97432314                  1      FIXED RATE                           16            360            0      N             N
        97624795                  4      FIXED RATE                           33            360            0      N             Y
        97625230                  4      FIXED RATE - 40YR                    45            360            0      N             Y
        97445555                  4      FIXED RATE                           36            360            0      N             Y
        96467196                  1      FIXED RATE - 40YR                    50            360            0      N             Y
      1105115458                  6      FIXED 30 YEAR                      42.5            360            0      N             N
      1105115466                  4      FIXED 30 YEAR                     50.42            360            0      N             N
      1105115548                  4      FIXED 30 YEAR                      47.5            360            0      N             Y
      1105115550                  6      FIXED 30 YEAR                     39.09            360            0      N             N
        98753437                  1      FIXED RATE - 40YR                    30            360            0      N             Y
        98810153                  4      FIXED RATE                           47            360            0      N             Y
        85886018                  1      FIXED RATE - 5YR IO                  50            360           60      N             Y
        97400956                  4      FIXED RATE                           45            360            0      N             N
        96560677                  4      FIXED RATE                           48            360            0      N             N
        98945710                  1      FIXED RATE - 40YR                    37            360            0      N             N
        98841273                  1      FIXED RATE                           20            360            0      N             N
       151480282                  4      FIXED RATE                            6            180            0      N             Y
        97858112                  1      FIXED RATE                           41            360            0      N             Y
        98424237                  4      FIXED RATE - 40YR                    49            360            0      N             Y
      1310012739                  4      FIXED 30 YEAR                     42.74            360          120      N             N
      1115103511                  6      FIXED 30 YEAR                     32.72            360            0      N             Y
      1707100861                  4      FIXED 30 YEAR                     40.77            360          120      N             Y
      8500012053                  6      FIXED 30 YEAR                     41.39            360            0      N             N
      8500012787                  1      FIXED 30 YEAR                     41.98            360          120      N             N
        99617193                  1      FIXED RATE                           16            360            0      N             Y
        99672354                  4      FIXED RATE                           33            360            0      N             Y
        99646150                  4      FIXED RATE                           29            360            0      N             N
       150646446                  1      FIXED RATE                           31            180            0      N             N
        99721037                  4      FIXED RATE - 5YR IO                  45            360           60      N             Y
        99705238                  4      FIXED RATE                           48            360            0      N             N
        99853798                  4      FIXED RATE                           52            360            0      N             Y
      1707101109                  4      FIXED 30 YEAR                     43.09            360          120      N             N
       151513264                  2      FIXED RATE                           33            240            0      N             Y
        98516677                  1      FIXED RATE - 40YR                    46            360            0      N             Y
        97591119                  1      FIXED RATE - 5YR IO                  47            360           60      N             Y
        99614836                  1      FIXED RATE                           35            360            0      N             N
        97972236                  4      FIXED RATE                           24            360            0      N             Y
        97912034                  1      FIXED RATE                           28            360            0      N             Y
        97506836                  1      FIXED RATE - 5YR IO                  50            360           60      N             Y
        97512479                  1      FIXED RATE                           37            360            0      N             Y
        85656577                  4      FIXED RATE                           46            360            0      N             Y
        98249113                  1      FIXED RATE - 40YR                    50            360            0      N             Y
        97227037                  4      FIXED RATE                           41            360            0      N             Y
       149774481                  1      FIXED RATE                           45            360            0      N             Y
        97362198                  1      FIXED RATE                           43            360            0      N             Y
       151018728                  1      FIXED RATE                           23            360            0      N             Y
        96954110                  2      FIXED RATE                           34            360            0      N             Y
        85805695                  1      FIXED RATE - 40YR                    44            360            0      N             Y
        98319437                  1      FIXED RATE                           19            360            0      N             N
      1105115588                  6      FIXED 30 YEAR                     49.57            360          120      N             Y
      1105115604                  1      FIXED 30 YEAR                     38.57            360            0      N             Y
      1105115622                  9      FIXED 40/30 YEAR                      0            360            0      Y             N
      1105115634                  4      FIXED 40/30 YEAR                  41.91            360            0      Y             N
      1105115652                  5      FIXED 30 YEAR                         0            360          120      N             N
        96958319                  1      FIXED RATE                           39            360            0      N             N
        98290638                  1      FIXED RATE                           21            360            0      N             Y
        99571994                  1      FIXED RATE                           49            360            0      N             Y
      8500012625                  1      FIXED 30 YEAR                     44.17            360            0      N             N
      1707101094                  1      FIXED 30 YEAR                     36.67            360          120      N             Y
      1105115676                  4      FIXED 30 YEAR                     40.76            360            0      N             N
      1111002590                  4      FIXED 30 YEAR                     40.16            360            0      N             Y
      1112000707                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1115103465                  4      FIXED 30 YEAR                     35.19            360            0      N             N
      1115103516                  4      FIXED 30 YEAR                     49.26            360          120      N             Y
      8500012656                  1      FIXED 30 YEAR                     39.75            360          120      N             N
      1701122639                  4      FIXED 30 YEAR                     39.17            360          120      N             N
      8500012044                  1      FIXED 15 YEAR                     24.94            180            0      N             N
        40622467                  1      EA1                                35.9            360            0      N             N
        85709178                  1      FIXED RATE                           49            360            0      N             N
      1115103624                  4      FIXED 40/30 YEAR                  37.75            360            0      Y             Y
      1115103628                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1115103668                  6      FIXED 30 YEAR                     39.22            360            0      N             Y
      1115103671                  6      FIXED 30 YEAR                     41.57            360          120      N             Y
      1115103710                  4      FIXED 40/30 YEAR                  37.38            360            0      Y             Y
        85702777                  1      FIXED RATE - 40YR                    43            360            0      N             Y
        97459754                  1      FIXED RATE                           45            360            0      N             Y
        97459796                  1      FIXED RATE                           43            360            0      N             Y
        98545833                  1      FIXED RATE                           18            360            0      N             Y
        97293476                  1      FIXED RATE                           28            360            0      N             Y
      1115103729                  6      FIXED 30 YEAR                     40.04            360          120      N             N
      1115103734                  6      FIXED 30 YEAR                     21.77            360          120      N             Y
        96679113                  1      FIXED RATE                           54            360            0      N             Y
      8500012448                  4      FIXED 30 YEAR                     49.11            360          120      N             Y
      1323001740                  4      FIXED 30 YEAR                     43.37            360            0      N             Y
        96981352                  1      FIXED RATE                           41            360            0      N             Y
        97513915                  4      FIXED RATE                           29            360            0      N             Y
        96933478                  1      FIXED RATE                           44            360            0      N             N
        97467955                  1      FIXED RATE                            3            360            0      N             Y
        97620033                  1      FIXED RATE                           31            360            0      N             Y
        96990916                  1      FIXED RATE                           10            180            0      N             Y
        97743439                  1      FIXED RATE - 40YR                    43            360            0      N             Y
        97523070                  4      FIXED RATE                           44            360            0      N             Y
        97691034                  4      FIXED RATE - 40YR                    42            360            0      N             N
        97137111                  1      FIXED RATE                           19            360            0      N             Y
        96462510                  1      FIXED RATE                           45            360            0      N             Y
        97487276                  4      FIXED RATE                           11            360            0      N             Y
        97487755                  1      FIXED RATE                           48            360            0      N             Y
       149224503                  1      FIXED RATE                           42            360            0      N             N
        97531750                  4      FIXED RATE                           40            360            0      N             N
      8500012982                  1      FIXED 30 YEAR                        39            360          120      N             Y
        98197551                  4      FIXED RATE                           46            360            0      N             Y
       150469104                  1      FIXED RATE                           45            360            0      N             Y
        98502115                  1      FIXED RATE                           49            360            0      N             Y
        99451114                  1      FIXED RATE                           35            360            0      N             Y
        97527436                  1      FIXED RATE                           15            360            0      N             N
      1124001291                  9      FIXED 30 YEAR                         0            360          120      N             N
        40629629                  1      EA1                                26.3            360            0      N             N
      1301002085                  4      FIXED 30 YEAR                     33.27            360          120      N             Y
        85916815                  1      FIXED RATE                           41            360            0      N             N
        98536279                  4      FIXED RATE                           12            360            0      N             Y
        86124575                  2      FIXED RATE                            1            360            0      N             Y
        98647639                  1      FIXED RATE                           50            360            0      N             Y
        97307953                  1      FIXED RATE                           40            360            0      N             Y
        98254311                  1      FIXED RATE                           27            360            0      N             Y
        97495634                  1      FIXED RATE                           46            360            0      N             Y
      1105115551                  1      FIXED 30 YEAR                     32.31            360          120      N             Y
      1105115637                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1105115747                  6      FIXED 30 YEAR                     46.33            360            0      N             N
      1105115836                  4      FIXED 30 YEAR                      45.1            360          120      N             Y
        98572993                  4      FIXED RATE                           35            360            0      N             Y
        98681356                  1      FIXED RATE                           36            360            0      N             N
        98576473                  1      FIXED RATE - 5YR IO                  40            360           60      N             Y
      1701122538                  4      FIXED 30 YEAR                     49.91            360            0      N             Y
      8500012446                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1115103477                  4      FIXED 30 YEAR                     49.88            360            0      N             Y
      1115103594                  6      FIXED 30 YEAR                     35.78            360          120      N             Y
      1115103746                  4      FIXED 30 YEAR                     45.31            360          120      N             Y
      1115103770                  1      FIXED 30 YEAR                     25.99            360            0      N             Y
      1120100309                  4      FIXED 40/30 YEAR                  36.34            360            0      Y             N
        98718877                  1      FIXED RATE                           14            360            0      N             Y
        97166995                  4      FIXED RATE                           40            180            0      N             Y
        98480510                  4      FIXED RATE                           20            360            0      N             N
        99464075                  1      FIXED RATE                           49            360            0      N             Y
        98863392                  1      FIXED RATE                           49            360            0      N             Y
      1122000176                  6      FIXED 30 YEAR                     30.84            360          120      N             N
      1125100109                  1      FIXED 40/30 YEAR                  42.01            360            0      Y             N
      1125100163                  6      FIXED 30 YEAR                     40.57            360            0      N             N
      1125100167                  1      FIXED 30 YEAR                     41.05            360            0      N             Y
      1125100170                  6      FIXED 30 YEAR                      42.6            360            0      N             N
        97418156                  1      FIXED RATE                           40            360            0      N             N
        98648751                  4      FIXED RATE                           45            360            0      N             Y
        97681118                  1      FIXED RATE                           46            360            0      N             Y
        97687511                  1      FIXED RATE                           25            360            0      N             N
        97479711                  1      FIXED RATE                           32            360            0      N             Y
      1125100179                  6      FIXED 30 YEAR                     40.27            360            0      N             N
      1301002168                  4      FIXED 30 YEAR                     37.95            360          120      N             Y
        98470792                  1      FIXED RATE                           42            360            0      N             N
       150896801                  1      FIXED RATE                           27            360            0      N             N
        98786155                  1      FIXED RATE                           46            360            0      N             N
        97347231                  4      FIXED RATE                           44            360            0      N             N
        96943030                  1      FIXED RATE - 40YR                    46            360            0      N             Y
        98311756                  1      FIXED RATE                           27            360            0      N             Y
        97081756                  1      FIXED RATE - 5YR IO                  46            360           60      N             Y
       150962389                  1      FIXED RATE                           44            360            0      N             N
      8500012050                  4      FIXED 30 YEAR                     38.85            360          120      N             Y
      1701123447                  4      FIXED 30 YEAR                     39.07            360          120      N             N
      1706102338                  4      FIXED 30 YEAR                     34.06            360          120      N             N
      1105115044                  6      FIXED 30 YEAR                     37.84            360          120      N             Y
        98186398                  1      FIXED RATE                           22            360            0      N             Y
      1105115416                  6      FIXED 30 YEAR                     46.72            360            0      N             N
      1105115464                  4      FIXED 40/30 YEAR                  46.03            360            0      Y             Y
      1105115473                  4      FIXED 30 YEAR                     25.69            360          120      N             Y
      1105115574                  1      FIXED 30 YEAR                     33.04            360            0      N             N
      1105115647                  6      FIXED 30 YEAR                     40.59            360            0      N             N
        98092596                  1      FIXED RATE                           33            360            0      N             N
      1901025643                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8600013747                  9      FIXED 20 YEAR                         0            240            0      N             Y
      8500012660                  1      FIXED 30 YEAR                     41.78            360            0      N             N
      1125100071                  1      FIXED 30 YEAR                      7.34            360            0      N             Y
      1105115671                  6      FIXED 30 YEAR                     34.59            360            0      N             N
      1105115799                  6      FIXED 30 YEAR                     43.08            360          120      N             Y
      1105115991                  6      FIXED 40/30 YEAR                  49.99            360            0      Y             Y
      1105115996                  5      FIXED 40/30 YEAR                      0            360            0      Y             N
      1106000823                  5      FIXED 30 YEAR                         0            360          120      N             N
      1701123321                  6      FIXED 30 YEAR                      45.4            360          120      N             Y
      8500012043                  1      FIXED 30 YEAR                      39.4            360            0      N             Y
        97877153                  1      FIXED RATE - 5YR IO                  43            360           60      N             Y
        98948672                  4      FIXED RATE                           49            360            0      N             Y
        98536238                  4      FIXED RATE                           12            360            0      N             Y
      1115103191                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1115103552                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1115103605                  4      FIXED 30 YEAR                     40.88            360          120      N             Y
      1115103617                  6      FIXED 30 YEAR                     42.95            360            0      N             N
      1120100306                  4      FIXED 40/30 YEAR                   42.3            360            0      Y             N
        99390312                  4      FIXED RATE                           49            360            0      N             Y
        98570070                  4      FIXED RATE                           47            360            0      N             Y
       100052711                  4      FIXED RATE                           49            360            0      N             Y
      8500012639                  4      FIXED 30 YEAR                     40.49            360          120      N             N
        98052954                  1      FIXED RATE                           27            360            0      N             Y
      1301002142                  4      FIXED 30 YEAR                     26.92            360          120      N             Y
      1301002163                  4      FIXED 30 YEAR                     48.12            360          120      N             Y
      1304007637                  1      FIXED 30 YEAR                     33.13            360          120      N             Y
      1304007756                  1      FIXED 30 YEAR                     46.32            360          120      N             Y
      1308004546                  6      FIXED 30 YEAR                     42.89            360          120      N             Y
        98959877                  2      FIXED RATE                            6            360            0      N             Y
        97721039                  2      FIXED RATE                           35            360            0      N             Y
        98063951                  1      FIXED RATE                           35            360            0      N             Y
        97931471                  1      FIXED RATE - 5YR IO                  39            360           60      N             Y
        97933915                  1      FIXED RATE                           12            360            0      N             N
      1310012856                  6      FIXED 30 YEAR                     49.83            360          120      N             Y
      1310012885                  1      FIXED 30 YEAR                     44.56            360            0      N             Y
      1312004557                  4      FIXED 30 YEAR                     31.54            360          120      N             N
      1315003340                  4      FIXED 30 YEAR                     31.32            360          120      N             Y
      1323001812                  4      FIXED 30 YEAR                     45.02            360          120      N             Y
        97253074                  1      FIXED RATE                           22            360            0      N             Y
       151563442                  1      FIXED RATE                           46            360            0      N             Y
        96865274                  1      FIXED RATE - 5YR IO                  31            360           60      N             N
        99598799                  4      FIXED RATE - 40YR                    39            360            0      N             Y
        99148876                  4      FIXED RATE - 40YR                    44            360            0      N             Y
      1323001825                  6      FIXED 30 YEAR                     38.46            360          120      N             Y
      1323001832                  6      FIXED 30 YEAR                     19.57            360            0      N             Y
      1323001853                  1      FIXED 30 YEAR                     40.87            360          120      N             Y
      1326001198                  4      FIXED 30 YEAR                     34.61            360          120      N             Y
      1326001218                  1      FIXED 30 YEAR                     44.21            360          120      N             Y
        97788632                  2      FIXED RATE                           43            360            0      N             N
        98812597                  1      FIXED RATE                           39            360            0      N             N
       150712404                  1      FIXED RATE                           39            360            0      N             N
       149127102                  1      FIXED RATE                           39            360            0      N             Y
        40620979                  1      FLEX 100 LTV                      53.12            360            0      N             N
      1326001225                  1      FIXED 30 YEAR                      49.8            360          120      N             Y
      1701123444                  6      FIXED 30 YEAR                     48.92            360          120      N             Y
      1701123702                  4      FIXED 30 YEAR                     47.86            360          120      N             Y
      1701123708                  4      FIXED 30 YEAR                     47.39            360          120      N             Y
      1701123742                  4      FIXED 30 YEAR                      44.9            360          120      N             N
        40610650                  1      EA2                               47.18            360            0      N             N
        40607401                  1      EA1                               31.51            360            0      N             N
        40597050                  1      EA1                                34.2            360            0      N             N
        97945794                  1      FIXED RATE                            5            360            0      N             Y
      8500012447                  4      FIXED 30 YEAR                     43.65            360            0      N             Y
      1701123748                  6      FIXED 30 YEAR                     39.67            360          120      N             N
      1701123784                  4      FIXED 30 YEAR                     39.28            360          120      N             N
      1701123855                  4      FIXED 40/30 YEAR                   30.4            360            0      Y             Y
      1701123886                  4      FIXED 30 YEAR                      49.7            360          120      N             Y
      1701124049                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012794                  1      FIXED 30 YEAR                     25.63            360          120      N             N
      1701123439                  4      FIXED 30 YEAR                      42.2            360          120      N             N
      1701123319                  4      FIXED 30 YEAR                     40.48            360          120      N             N
      8500012642                  5      FIXED 30 YEAR                         0            360            0      N             N
      1701123282                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1701124088                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1701124102                  6      FIXED 30 YEAR                     32.14            360          120      N             N
      1701124122                  4      FIXED 30 YEAR                     47.04            360            0      N             N
        98785470                  1      FIXED RATE                           47            360            0      N             N
        98824675                  1      FIXED RATE                           29            360            0      N             Y
      1105115173                  6      FIXED 30 YEAR                     46.23            360          120      N             Y
      8500012792                  4      FIXED 30 YEAR                     29.15            360            0      N             N
      8500012791                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012640                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012442                  4      FIXED 30 YEAR                     47.84            360          120      N             Y
        98467392                  1      FIXED RATE                            8            360            0      N             Y
      8500012303                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1701123406                  4      FIXED 30 YEAR                     37.62            360          120      N             N
      1330000119                  4      FIXED 30 YEAR                     37.09            360          120      N             Y
      1310012748                  4      FIXED 30 YEAR                     28.46            360          120      N             Y
      8500012634                  1      FIXED 30 YEAR                     38.27            360          120      N             N
      8500012786                  9      FIXED 30 YEAR                         0            360          120      N             N
        99297392                  1      FIXED RATE - 40YR                    30            360            0      N             Y
       151898400                  1      FIXED RATE                           35            360            0      N             Y
       151506763                  1      FIXED RATE                           46            360            0      N             N
      8500012661                  9      FIXED 30 YEAR                         0            360          120      N             N
        98187834                  1      FIXED RATE                           47            360            0      N             N
        99007437                  2      FIXED RATE                           13            360            0      N             Y
        99399990                  1      FIXED RATE                           42            360            0      N             Y
        99400111                  2      FIXED RATE                           16            360            0      N             Y
        99195836                  4      FIXED RATE                           28            360            0      N             N
        98351356                  1      FIXED RATE - 5YR IO                  50            360           60      N             Y
        99265159                  4      FIXED RATE                           36            360            0      N             Y
      1309008788                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1309008500                  4      FIXED 30 YEAR                      33.9            360          120      N             Y
        98629439                  1      FIXED RATE                           23            360            0      N             Y
       151728482                  1      FIXED RATE                           32            360            0      N             Y
        98692395                  1      FIXED RATE                           33            360            0      N             N
        99070799                  1      FIXED RATE                           47            360            0      N             N
        97700595                  4      FIXED RATE - 40YR                    36            360            0      N             Y
      1310012798                  1      FIXED 30 YEAR                     48.74            360            0      N             Y
      1304007674                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1101003571                  4      FIXED 30 YEAR                     36.84            360          120      N             Y
      8500012449                  4      FIXED 30 YEAR                     49.94            360          120      N             Y
      8500012980                  1      FIXED 30 YEAR                     20.33            360            0      N             Y
        40625808                  1      EA1                               43.63            360            0      N             N
        40630156                  1      FLEX 100 LTV                      32.23            360            0      N             N
        40622730                  1      EA1                                28.9            360            0      N             N
      1315003175                  6      FIXED 30 YEAR                     33.59            360          120      N             Y
        86026895                  1      FIXED RATE                            5            360            0      N             Y
      8500012327                  9      FIXED 30 YEAR                         0            360            0      N             N
      1701123279                  4      FIXED 30 YEAR                     49.91            360          120      N             N
      8600013653                  4      FIXED 30 YEAR                     46.25            360          120      N             N
      8500012657                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012318                  5      FIXED 30 YEAR                         0            360            0      N             N
        97469399                  1      FIXED RATE                           16            360            0      N             Y
        98658552                  4      FIXED RATE - 40YR                    43            360            0      N             Y
        99392797                  1      FIXED RATE - 5YR IO                  39            360           60      N             Y
        98577232                  1      FIXED RATE                           44            360            0      N             Y
      8500012192                  5      FIXED 15 YEAR                         0            180            0      N             N
      8500012652                  1      FIXED 30 YEAR                      49.3            360          120      N             Y
      8500012034                  4      FIXED 30 YEAR                     24.21            360            0      N             N
      8500012653                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1707101312                  4      FIXED 30 YEAR                     45.94            360          120      N             N
      8500012626                  1      FIXED 30 YEAR                     48.51            360          120      N             Y
      1105115277                  4      FIXED 30 YEAR                     31.18            360          120      N             N
        97977755                  1      FIXED RATE                           49            360            0      N             Y
        96907951                  1      FIXED RATE                           49            360            0      N             Y
        97725998                  1      FIXED RATE                            9            360            0      N             Y
        96652912                  1      FIXED RATE                           34            360            0      N             N
      8500012783                  5      FIXED 30 YEAR                         0            360          120      N             N
        99240996                  1      FIXED RATE                           42            360            0      N             N
      1310012829                  6      FIXED 30 YEAR                     37.43            360          120      N             Y
      1310012864                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1311004937                  4      FIXED 30 YEAR                     48.04            360          120      N             Y
       149411506                  4      FIXED RATE                           55            360            0      N             Y
        97938674                  1      FIXED RATE                           20            360            0      N             Y
        97380356                  1      FIXED RATE - 40YR                    34            360            0      N             Y
        97781959                  1      FIXED RATE                           39            360            0      N             N
        99095630                  4      FIXED RATE                           40            240            0      N             Y
      1311005021                  1      FIXED 30 YEAR                     45.58            360          120      N             Y
      1312004583                  4      FIXED 30 YEAR                      32.6            360          120      N             N
      1313003772                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1316002038                  4      FIXED 30 YEAR                     20.53            360            0      N             N
      1326001193                  1      FIXED 30 YEAR                     37.73            360            0      N             Y
        97093470                  2      FIXED RATE                           32            360            0      N             Y
        98814031                  1      FIXED RATE                           46            360            0      N             Y
        99469876                  1      FIXED RATE                           26            360            0      N             Y
       150913085                  1      FIXED RATE                           41            360            0      N             Y
        95957353                  1      FIXED RATE                           44            360            0      N             Y
      1326001207                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1326001231                  1      FIXED 30 YEAR                     41.83            360            0      N             Y
      1326001246                  1      FIXED 30 YEAR                     42.11            360          120      N             Y
      1701122907                  4      FIXED 30 YEAR                     40.52            360          120      N             Y
      1701123421                  4      FIXED 40/30 YEAR                  48.36            360            0      Y             N
       150276004                  1      FIXED RATE                           48            360            0      N             Y
       150128148                  1      FIXED RATE                           37            360            0      N             Y
       148084841                  1      FIXED RATE                           47            360            0      N             N
        40604446                  1      EA2                                30.8            360            0      N             N
        40627423                  1      EA2                               42.97            360            0      N             N
      1701123555                  6      FIXED 30 YEAR                     48.81            360          120      N             Y
      1701123643                  6      FIXED 30 YEAR                     42.35            360          120      N             Y
      1701123688                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1701123707                  6      FIXED 30 YEAR                     31.87            360          120      N             Y
      1701123719                  4      FIXED 40/30 YEAR                  49.29            360            0      Y             Y
        40601006                  1      FLEX 100 LTV                      47.34            360            0      N             N
        40621825                  1      EA1                               33.21            360            0      N             N
        97946438                  1      FIXED RATE - 5YR IO                  49            360           60      N             Y
      8500012065                  4      FIXED 30 YEAR                     19.81            360            0      N             Y
      8500012651                  4      FIXED 15 YEAR                     20.84            180            0      N             N
      1701123736                  4      FIXED 30 YEAR                     48.66            360          120      N             Y
      1701123838                  6      FIXED 30 YEAR                     45.41            360          120      N             N
      1701123889                  4      FIXED 30 YEAR                     36.77            360          120      N             N
      1701123982                  1      FIXED 30 YEAR                     44.81            360          120      N             Y
      1701124113                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1701123620                  6      FIXED 30 YEAR                     46.87            360          120      N             N
      1701123298                  1      FIXED 40/30 YEAR                  52.98            360            0      Y             N
      8500012305                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012064                  4      FIXED 30 YEAR                     43.26            360          120      N             Y
      8500012059                  4      FIXED 30 YEAR                     28.84            360            0      N             N
      1701124131                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1701124197                  6      FIXED 40/30 YEAR                  37.67            360            0      Y             Y
      1701124265                  4      FIXED 30 YEAR                      39.8            360          120      N             Y
      1701124273                  4      FIXED 30 YEAR                     48.36            360          120      N             Y
      1701124310                  4      FIXED 30 YEAR                     49.35            360          120      N             Y
        99299034                  1      FIXED RATE                           43            360            0      N             Y
        98200637                  1      FIXED RATE                            5            360            0      N             Y
        99189391                  4      FIXED RATE                           47            360            0      N             N
      1310012691                  1      FIXED 30 YEAR                     43.76            360          120      N             Y
      1701124337                  4      FIXED 30 YEAR                     39.21            360          120      N             Y
      1705000809                  4      FIXED 30 YEAR                     45.83            360            0      N             N
      1706102354                  1      FIXED 30 YEAR                      44.3            360            0      N             N
      1706102393                  6      FIXED 30 YEAR                     36.06            360          120      N             Y
      1706102490                  6      FIXED 30 YEAR                     44.16            360          120      N             Y
      1309008865                  4      FIXED 30 YEAR                     33.88            360          120      N             Y
      1309008916                  6      FIXED 30 YEAR                     48.96            360          120      N             Y
      1326001125                  1      FIXED 30 YEAR                     35.95            360          120      N             Y
      1309008855                  6      FIXED 30 YEAR                     48.07            360          120      N             Y
      8500012800                  5      FIXED 30 YEAR                         0            360          120      N             N
      1706102542                  4      FIXED 30 YEAR                     49.99            360          120      N             N
      1707101361                  6      FIXED 30 YEAR                      45.6            360          120      N             Y
      1707101374                  4      FIXED 30 YEAR                      28.1            360          120      N             Y
      1707101404                  6      FIXED 30 YEAR                     42.93            360          120      N             N
      1707101458                  4      FIXED 30 YEAR                     49.83            360          120      N             N
      8500012038                  1      FIXED 30 YEAR                     21.73            360            0      N             N
      1706102251                  6      FIXED 40/30 YEAR                  38.37            360            0      Y             Y
      8500012753                  4      FIXED 30 YEAR                     42.81            360          120      N             Y
      8500012797                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012798                  4      FIXED 30 YEAR                     40.54            360          120      N             N
      1707101549                  4      FIXED 30 YEAR                     46.88            360          120      N             N
      1707101692                  4      FIXED 30 YEAR                     46.24            360          120      N             Y
      1707101773                  4      FIXED 30 YEAR                     49.08            360          120      N             Y
      1707101814                  4      FIXED 30 YEAR                     42.76            360          120      N             Y
      1707101867                  6      FIXED 30 YEAR                     45.53            360          120      N             N
      8500012036                  1      FIXED 30 YEAR                     37.75            360            0      N             N
      8500012438                  4      FIXED 30 YEAR                     43.23            360          120      N             Y
      1105115097                  9      FIXED 30 YEAR                         0            360          120      N             N
       141021824                  1      FIXED RATE                           45            360            0      N             Y
        98291917                  4      FIXED RATE                           44            360            0      N             Y
      8500012694                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012758                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012764                  5      FIXED 30 YEAR                     47.96            360          120      N             N
      8500012771                  4      FIXED 30 YEAR                     49.57            360            0      N             Y
      8500012772                  4      FIXED 30 YEAR                     49.57            360          120      N             Y
      1701124124                  4      FIXED 30 YEAR                     44.98            360          120      N             N
      1701124139                  4      FIXED 30 YEAR                     34.79            360          120      N             N
      1701124143                  6      FIXED 30 YEAR                     28.83            360          120      N             Y
      1701124404                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1706102343                  4      FIXED 30 YEAR                     36.55            360          120      N             Y
      8500012806                  9      FIXED 30 YEAR                         0            360          120      N             Y
      8500012823                  4      FIXED 30 YEAR                     48.35            360          120      N             N
      8500012851                  6      FIXED 30 YEAR                     30.28            360            0      N             N
      8500012892                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012895                  9      FIXED 30 YEAR                         0            360          120      N             N
      1706102418                  4      FIXED 30 YEAR                     39.45            360          120      N             Y
      1706102479                  4      FIXED 40/30 YEAR                  44.54            360            0      Y             N
      1706102497                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1706102519                  6      FIXED 40/30 YEAR                  28.12            360            0      Y             Y
      1707101285                  6      FIXED 30 YEAR                     20.15            360          120      N             Y
      8500012904                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012906                  1      FIXED 30 YEAR                     48.56            360            0      N             Y
      8500012907                  4      FIXED 30 YEAR                      50.7            360            0      N             Y
      8500012909                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500012914                  4      FIXED 30 YEAR                     43.65            360            0      N             Y
      1707101373                  6      FIXED 30 YEAR                     49.61            360          120      N             Y
      1707101555                  4      FIXED 30 YEAR                     38.88            360          120      N             N
      1707101636                  6      FIXED 30 YEAR                     38.01            360          120      N             N
      1707101781                  4      FIXED 30 YEAR                     44.61            360          120      N             N
      1707101788                  4      FIXED 30 YEAR                     41.49            360          120      N             N
      8500012918                  4      FIXED 30 YEAR                     36.64            360            0      N             Y
      8500012931                  1      FIXED 30 YEAR                     49.73            360            0      N             Y
      8500012933                  5      FIXED 15 YEAR                         0            180            0      N             Y
      8500012936                  5      FIXED 15 YEAR                         0            180            0      N             Y
      8500012939                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1707101804                  6      FIXED 40/30 YEAR                  35.39            360            0      Y             Y
      1901026675                  4      FIXED 30 YEAR                     42.23            360            0      N             N
      8500012761                  4      FIXED 30 YEAR                     48.78            360          120      N             Y
      8500012776                  4      FIXED 30 YEAR                     47.82            360            0      N             Y
      8500012847                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012940                  4      FIXED 30 YEAR                     34.38            360            0      N             Y
      8500012946                  4      FIXED 30 YEAR                     46.92            360            0      N             Y
      8500012954                  1      FIXED 20 YEAR                     42.76            240            0      N             Y
      8500012966                  4      FIXED 30 YEAR                     40.66            360            0      N             N
      8500012986                  4      FIXED 30 YEAR                     29.73            360          120      N             Y
      8500012916                  4      FIXED 30 YEAR                     23.48            360            0      N             Y
      8500012920                  5      FIXED 20 YEAR                         0            240            0      N             Y
      8500012928                  4      FIXED 30 YEAR                     36.66            360            0      N             Y
      8500012932                  4      FIXED 30 YEAR                     40.73            360            0      N             Y
      8500012935                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012996                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012998                  4      FIXED 30 YEAR                     38.25            360            0      N             Y
      8500013005                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013008                  4      FIXED 30 YEAR                     44.85            360            0      N             Y
      8500013011                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012957                  9      FIXED 15 YEAR                         0            180            0      N             Y
      8500012959                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012960                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500012967                  9      FIXED 15 YEAR                         0            180            0      N             Y
      8500012997                  4      FIXED 30 YEAR                     48.72            360            0      N             Y
      8500013014                  4      FIXED 40/30 YEAR                  41.27            360            0      Y             Y
      8500013021                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013029                  9      FIXED 40/30 YEAR                      0            360            0      Y             N
      8500013037                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013047                  4      FIXED 30 YEAR                     44.92            360            0      N             Y
      8500013125                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013127                  4      FIXED 30 YEAR                      27.6            360          120      N             N
      8500013130                  4      FIXED 30 YEAR                     39.85            360          120      N             N
      8500013131                  4      FIXED 30 YEAR                      41.2            360            0      N             Y
      8500013136                  4      FIXED 30 YEAR                     31.75            360          120      N             N
      8500013001                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013009                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013015                  4      FIXED 30 YEAR                     36.13            360          120      N             Y
      8500013018                  1      FIXED 30 YEAR                     49.35            360            0      N             Y
      8500013026                  4      FIXED 40/30 YEAR                  49.77            360            0      Y             Y
      8500013138                  1      FIXED 50/30 YEAR                  42.38            360            0      Y             Y
      8500013141                  4      FIXED 30 YEAR                     40.41            360            0      N             N
      8500013150                  1      FIXED 30 YEAR                      45.1            360          120      N             Y
      8500013152                  6      FIXED 50/30 YEAR                  42.89            360            0      Y             Y
      8500013158                  6      FIXED 40/30 YEAR                  48.48            360            0      Y             Y
      8500013054                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013059                  1      FIXED 30 YEAR                     48.24            360          120      N             Y
      8500013126                  6      FIXED 50/30 YEAR                   47.5            360            0      Y             Y
      8500013132                  4      FIXED 30 YEAR                     38.52            360            0      N             Y
      8500013134                  1      FIXED 30 YEAR                     29.73            360            0      N             Y
      8500013169                  1      FIXED 30 YEAR                     38.37            360          120      N             Y
      8500013224                  1      FIXED 30 YEAR                     47.23            360          120      N             Y
      8500013225                  4      FIXED 30 YEAR                      27.6            360            0      N             Y
      8500013231                  4      FIXED 30 YEAR                      40.6            360            0      N             Y
      8500013252                  9      FIXED 30 YEAR                         0            360          120      N             N
      8500013140                  4      FIXED 30 YEAR                     42.93            360          120      N             Y
      8500013147                  4      FIXED 30 YEAR                      39.6            360          120      N             N
      8500013151                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013160                  4      FIXED 30 YEAR                     44.75            360          120      N             N
      8500013164                  1      FIXED 50/30 YEAR                  32.35            360            0      Y             N
      8500013269                  4      FIXED 30 YEAR                     34.79            360            0      N             Y
      8500013274                  4      FIXED 30 YEAR                     37.71            360          120      N             Y
      8500013281                  4      FIXED 30 YEAR                     32.87            360          120      N             Y
      8500013296                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013299                  1      FIXED 30 YEAR                      49.5            360            0      N             Y
      8500013166                  4      FIXED 30 YEAR                     45.56            360          120      N             Y
      8500013171                  4      FIXED 30 YEAR                      38.5            360          120      N             N
      8500013181                  4      FIXED 30 YEAR                     37.18            360            0      N             Y
      8500013189                  1      FIXED 30 YEAR                     44.85            360          120      N             Y
      8500013190                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013303                  6      FIXED 30 YEAR                     42.85            360            0      N             Y
      8500013309                  6      FIXED 30 YEAR                     28.67            360            0      N             N
      8500013546                  4      FIXED 30 YEAR                         0            360            0      N             Y
      8500013624                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500013630                  1      FIXED 30 YEAR                     40.14            360            0      N             Y
      8500013198                  1      FIXED 30 YEAR                     48.76            360          120      N             Y
      8500013202                  1      FIXED 30 YEAR                     31.82            360          120      N             Y
      8500013232                  4      FIXED 30 YEAR                     35.13            360            0      N             Y
      8500013236                  1      FIXED 30 YEAR                     40.63            360          120      N             N
      8500013259                  4      FIXED 30 YEAR                     32.84            360          120      N             Y
      8500013640                  1      FIXED 30 YEAR                     47.24            360          120      N             N
      8500013647                  1      FIXED 30 YEAR                     24.49            360            0      N             N
      8600012901                  4      FIXED 30 YEAR                     47.21            360          120      N             Y
      8600014025                  4      FIXED 30 YEAR                     28.24            360            0      N             Y
      8600014228                  4      FIXED 30 YEAR                      47.4            360            0      N             Y
      8500013263                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500013270                  4      FIXED 30 YEAR                      34.9            360            0      N             Y
      8500013277                  1      FIXED 30 YEAR                     34.57            360            0      N             Y
      8500013292                  6      FIXED 15 YEAR                     35.11            180            0      N             Y
      8500013301                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013312                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500013541                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013635                  4      FIXED 30 YEAR                     26.28            360          120      N             N
      8500013639                  4      FIXED 30 YEAR                     41.05            360            0      N             N
      8500013644                  1      FIXED 30 YEAR                     33.69            360            0      N             N
      8500013649                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500013651                  4      FIXED 30 YEAR                     25.17            360            0      N             N
      8600013688                  4      FIXED 30 YEAR                     45.24            360          120      N             Y
      8600013791                  4      FIXED 30 YEAR                     20.29            360            0      N             Y
      8600013867                  6      FIXED 30 YEAR                     39.12            360          120      N             N
      8600013922                  4      FIXED 40/30 YEAR                  41.89            360            0      Y             N
      8600013929                  4      FIXED 30 YEAR                     43.51            360          120      N             N
      8600013967                  4      FIXED 30 YEAR                     29.97            360            0      N             Y
      8600014004                  4      FIXED 30 YEAR                     39.52            360          120      N             Y
      8600014013                  6      FIXED 30 YEAR                     24.46            360            0      N             Y
        98422991                  4      FIXED RATE - 40YR                    42            360            0      N             Y
        98423676                  1      FIXED RATE                           43            360            0      N             Y
      1312004483                  4      FIXED 30 YEAR                     42.59            360          120      N             Y
      1101003523                  1      FIXED 30 YEAR                      49.9            360          120      N             N
      1301002146                  4      FIXED 30 YEAR                     46.81            360          120      N             Y
      8500012340                  9      FIXED 30 YEAR                         0            360          120      N             N
      8500012282                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012620                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012782                  1      FIXED 30 YEAR                     39.27            360          120      N             N
      8500012277                  5      FIXED 30 YEAR                     50.06            360            0      N             Y
      8600013857                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8600014519                  6      FIXED 30 YEAR                     22.36            360          120      N             Y
      8600014525                  6      FIXED 30 YEAR                     29.19            360          120      N             Y
      8600014608                  4      FIXED 30 YEAR                     38.76            360          120      N             Y
      8600014663                  4      FIXED 30 YEAR                     43.91            360          120      N             Y
      8600014792                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8600014096                  4      FIXED 30 YEAR                     39.58            360            0      N             N
      8600014163                  6      FIXED 30 YEAR                     46.71            360          120      N             Y
      8600014312                  4      FIXED 30 YEAR                     43.92            360            0      N             N
      8600014345                  9      FIXED 30 YEAR                         0            360          120      N             N
      8600014668                  6      FIXED 30 YEAR                     38.15            360          120      N             N
      8500012777                  1      FIXED 30 YEAR                      25.5            360          120      N             Y
      8500012778                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012616                  1      FIXED 30 YEAR                     49.94            360          120      N             N
        99692477                  4      FIXED RATE - 5YR IO                  38            360           60      N             N
        86189057                  1      FIXED RATE                           47            360            0      N             Y
      8500012796                  5      FIXED 30 YEAR                         0            360          120      N             Y
        99582595                  4      FIXED RATE                           42            360            0      N             Y
        97504872                  1      FIXED RATE - 5YR IO                  50            360           60      N             Y
        97914873                  4      FIXED RATE                           40            360            0      N             Y
        97917157                  1      FIXED RATE - 5YR IO                  29            360           60      N             Y
        98115439                  4      FIXED RATE - 40YR                    49            360            0      N             Y
        98117237                  1      FIXED RATE - 40YR                    38            360            0      N             Y
        98383599                  1      FIXED RATE                           49            360            0      N             N
        98057391                  1      FIXED RATE - 40YR                    31            360            0      N             Y
        99305674                  1      FIXED RATE                           25            360            0      N             Y
        98459431                  4      FIXED RATE                           48            360            0      N             N
        99534919                  1      FIXED RATE                           30            360            0      N             Y
        98462153                  1      FIXED RATE                           13            360            0      N             Y
        40598854                  1      FLEX 100 LTV                      38.49            360            0      N             N
      8500012278                  4      FIXED 30 YEAR                         0            360            0      N             Y
        97769517                  4      FIXED RATE                           39            360            0      N             Y
        99148918                  1      FIXED RATE                           39            360            0      N             Y
        99469074                  1      FIXED RATE                           22            360            0      N             Y
        98761992                  4      FIXED RATE                           33            360            0      N             Y
       145943866                  1      FIXED RATE                           43            360            0      N             Y
      1706102317                  4      FIXED 30 YEAR                     48.43            360          120      N             N
      8500012309                  4      FIXED 30 YEAR                     42.79            360            0      N             Y
      1707101129                  6      FIXED 40/30 YEAR                  49.77            360            0      Y             Y
      8500012665                  1      FIXED 30 YEAR                     41.79            360          120      N             Y
      8500012334                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012329                  9      FIXED 30 YEAR                         0            360            0      N             Y
       151741485                  1      FIXED RATE                           50            360            0      N             Y
        98056872                  1      FIXED RATE                           38            360            0      N             Y
        40601373                  1      EA1                               43.09            360            0      N             N
        40616908                  1      EA2                               39.22            360            0      N             N
       150518686                  1      FIXED RATE                           44            360            0      N             Y
        96247838                  4      FIXED RATE                           28            360            0      N             Y
        40583338                  1      EA1                               37.35            360            0      N             N
        40612656                  1      EA1                               59.53            360            0      N             N
        40620038                  1      FLEX 100 LTV                      47.07            360            0      N             N
        40620436                  1      EA1                               15.99            360            0      N             N
        98296916                  1      FIXED RATE - 5YR IO                  48            360           60      N             Y
      8500012066                  1      FIXED 30 YEAR                     39.76            360          120      N             Y
      8500012650                  4      FIXED 30 YEAR                     40.27            360            0      N             Y
      8500012444                  4      FIXED 30 YEAR                     36.08            360          120      N             Y
      8500012285                  4      FIXED 30 YEAR                     46.23            360            0      N             Y
        98433758                  4      FIXED RATE - 40YR                    10            360            0      N             N
        98196553                  1      FIXED RATE                           47            360            0      N             N
        98438310                  1      FIXED RATE                           49            360            0      N             Y
       151898806                  1      FIXED RATE - 5YR IO                  43            360           60      N             N
        98199839                  1      FIXED RATE - 5YR IO                  38            360           60      N             Y
        99185076                  4      FIXED RATE - 40YR                    39            360            0      N             Y
      8500012617                  5      FIXED 30 YEAR                         0            360            0      N             N
      1308004605                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1901025748                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1310012713                  1      FIXED 30 YEAR                     44.19            360            0      N             Y
      1309008892                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1311005107                  5      FIXED 40/30 YEAR                      0            360            0      Y             Y
      8500012045                  4      FIXED 30 YEAR                     44.32            360          120      N             Y
      8500012655                  4      FIXED 30 YEAR                     41.64            360          120      N             N
        97703110                  1      FIXED RATE                           30            360            0      N             Y
      8500012341                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1105115142                  1      FIXED 40/30 YEAR                  46.24            360            0      Y             N
      1707101280                  6      FIXED 30 YEAR                     54.56            360            0      N             N
      8500012630                  1      FIXED 30 YEAR                     49.08            360          120      N             N
        99032039                  1      FIXED RATE                           47            360            0      N             Y
        98779317                  1      FIXED RATE                           55            360            0      N             Y
       151758703                  1      FIXED RATE                           24            180            0      N             Y
       151850625                  1      FIXED RATE                           26            360            0      N             Y
        98467111                  1      FIXED RATE - 40YR                    38            360            0      N             N
      8500012629                  4      FIXED 30 YEAR                     26.09            360            0      N             N
      8600013651                  6      FIXED 30 YEAR                     43.43            360          120      N             Y
      8500012439                  4      FIXED 30 YEAR                     35.68            360          120      N             Y
      8500012633                  9      FIXED 30 YEAR                         0            360          120      N             N
      8500012062                  4      FIXED 30 YEAR                     40.45            360            0      N             Y
      8500012638                  5      FIXED 30 YEAR                         0            360          120      N             N
      1115103486                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012780                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012619                  9      FIXED 30 YEAR                         0            360            0      N             N
      8600013732                  1      FIXED 30 YEAR                     29.36            360          120      N             Y
      8600013808                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1706102332                  6      FIXED 30 YEAR                     48.14            360          120      N             Y
        98016595                  4      FIXED RATE                           45            360            0      N             Y
       151534203                  1      FIXED RATE                           50            360            0      N             Y
       151798584                  1      FIXED RATE                           45            360            0      N             Y
        98301716                  1      FIXED RATE                           37            360            0      N             Y
        98151954                  1      FIXED RATE                           47            360            0      N             N
        99165078                  1      FIXED RATE - 5YR IO                  21            360           60      N             N
      1105002004                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1105115009                  4      FIXED 30 YEAR                     30.37            360            0      N             N
      1105115209                  4      FIXED 40/30 YEAR                  48.85            360            0      Y             N
      1105115281                  4      FIXED 30 YEAR                     47.36            360          120      N             Y
      1105115299                  5      FIXED 30 YEAR                         0            360            0      N             N
        97951073                  1      FIXED RATE - 40YR                    29            360            0      N             Y
        98001837                  1      FIXED RATE                           28            360            0      N             N
        97393516                  1      FIXED RATE                           39            360            0      N             Y
       151620606                  1      FIXED RATE                           48            360            0      N             Y
      8600013815                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500012337                  4      FIXED 30 YEAR                     56.63            360            0      N             Y
      8500012664                  1      FIXED 30 YEAR                     45.42            360          120      N             N
      8500012754                  1      FIXED 30 YEAR                     47.23            360          120      N             Y
      1326001099                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1310012379                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1901025911                  1      FIXED 30 YEAR                      45.5            360          120      N             N
      1310012736                  5      FIXED 30 YEAR                         0            360            0      N             Y
        99081119                  4      FIXED RATE - 5YR IO                  42            360           60      N             N
        98747710                  1      FIXED RATE                           43            360            0      N             Y
        99139917                  1      FIXED RATE - 40YR                    29            360            0      N             Y
        98580319                  1      FIXED RATE                           40            360            0      N             Y
        98820590                  1      FIXED RATE                            4            360            0      N             Y
        99107435                  1      FIXED RATE                           27            360            0      N             Y
        97775951                  1      FIXED RATE                           29            180            0      N             Y
        99047714                  1      FIXED RATE                           34            360            0      N             N
        98454432                  1      FIXED RATE                           35            360            0      N             Y
        98226756                  2      FIXED RATE                           40            360            0      N             Y
        97893317                  1      FIXED RATE - 40YR                    45            360            0      N             Y
       151524600                  1      FIXED RATE                           54            360            0      N             Y
        97597116                  1      FIXED RATE                           49            360            0      N             N
      8500012623                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012624                  4      FIXED 30 YEAR                     41.89            360          120      N             N
       151964889                  1      FIXED RATE                           45            360            0      N             N
      8500012785                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012627                  4      FIXED 30 YEAR                     46.57            360          120      N             N
      8500012054                  4      FIXED 30 YEAR                     38.92            360            0      N             Y
      1707101025                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1701122992                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012779                  4      FIXED 30 YEAR                     39.68            360          120      N             N
        98889470                  1      FIXED RATE                           46            360            0      N             Y
        99038275                  1      FIXED RATE - 40YR                    41            360            0      N             Y
      1125100092                  1      FIXED 15 YEAR                     45.66            180            0      N             Y
      1301002087                  4      FIXED 30 YEAR                     41.35            360            0      N             N
      1301002107                  4      FIXED 30 YEAR                     42.48            360          120      N             N
      1304007686                  4      FIXED 30 YEAR                     41.49            360            0      N             N
      1304007721                  6      FIXED 30 YEAR                     40.84            360          120      N             N
      1309008918                  4      FIXED 30 YEAR                     24.52            360          120      N             Y
      1309008926                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1309008991                  4      FIXED 30 YEAR                     38.72            360          120      N             Y
      1309008995                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1310012789                  4      FIXED 30 YEAR                     40.96            360          120      N             Y
      1311005001                  4      FIXED 40/30 YEAR                  37.55            360            0      Y             Y
      1311005127                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1323001912                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1326001249                  4      FIXED 30 YEAR                      33.3            360            0      N             Y
      1327000332                  4      FIXED 30 YEAR                     44.36            360          120      N             Y
      1701123292                  4      FIXED 30 YEAR                     33.24            360          120      N             Y
      1701123528                  4      FIXED 30 YEAR                     19.73            360          120      N             Y
      1701123543                  6      FIXED 30 YEAR                     48.15            360          120      N             Y
      1701123556                  6      FIXED 30 YEAR                     45.99            360          120      N             Y
      1701123559                  4      FIXED 30 YEAR                      49.5            360          120      N             Y
      1701123677                  5      FIXED 40/30 YEAR                      0            360            0      Y             N
      1701123678                  4      FIXED 30 YEAR                      43.8            360          120      N             Y
      1701123709                  4      FIXED 30 YEAR                     43.38            360            0      N             N
      1701123793                  4      FIXED 30 YEAR                     31.61            360            0      N             N
      1701123876                  4      FIXED 30 YEAR                     31.16            360            0      N             Y
      1701123909                  5      FIXED 30 YEAR                         0            360          120      N             N
      1701123911                  4      FIXED 30 YEAR                     29.83            360          120      N             N
      1701124027                  6      FIXED 30 YEAR                     40.23            360          120      N             Y
      1701124120                  6      FIXED 30 YEAR                      26.2            360            0      N             Y
      1701124142                  6      FIXED 30 YEAR                     36.97            360            0      N             Y
      1701124189                  6      FIXED 40/30 YEAR                  33.06            360            0      Y             Y
      1701124227                  4      FIXED 30 YEAR                     39.51            360          120      N             N
      1701124262                  6      FIXED 30 YEAR                     35.52            360          120      N             N
      1701124267                  4      FIXED 30 YEAR                     35.68            360          120      N             Y
      1706102386                  4      FIXED 30 YEAR                     45.14            360          120      N             N
      1706102404                  6      FIXED 30 YEAR                     35.96            360          120      N             Y
      1706102477                  4      FIXED 30 YEAR                     46.91            360          120      N             N
      1706102500                  4      FIXED 30 YEAR                     38.37            360          120      N             N
      1706102504                  6      FIXED 30 YEAR                     37.21            360          120      N             N
      1706102553                  4      FIXED 30 YEAR                     45.11            360          120      N             Y
      1707101292                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1707101368                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1707101547                  6      FIXED 30 YEAR                     42.77            360          120      N             N
      1707101575                  6      FIXED 30 YEAR                     46.52            360          120      N             N
      1707101584                  6      FIXED 40/30 YEAR                  45.53            360            0      Y             N
      1707101585                  4      FIXED 30 YEAR                     47.55            360          120      N             N
      1707101629                  4      FIXED 30 YEAR                     40.46            360          120      N             N
      1707101750                  4      FIXED 30 YEAR                     45.38            360            0      N             Y
      1707101840                  6      FIXED 30 YEAR                     49.19            360          120      N             N
      1901026956                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012713                  9      FIXED 30 YEAR                         0            360          120      N             N
      8500012757                  1      FIXED 30 YEAR                     48.92            360            0      N             Y
      8500012760                  4      FIXED 30 YEAR                     46.51            360          120      N             Y
      8500012767                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012773                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012775                  4      FIXED 30 YEAR                         0            360            0      N             Y
      8500012816                  6      FIXED 30 YEAR                     44.61            360          120      N             N
      8500012897                  5      FIXED 30 YEAR                     27.48            360          120      N             N
      8500012900                  1      FIXED 30 YEAR                     41.04            360            0      N             Y
      8500012901                  4      FIXED 30 YEAR                     47.62            360            0      N             Y
      8500012908                  4      FIXED 30 YEAR                     25.09            360            0      N             Y
      8500012915                  4      FIXED 30 YEAR                     44.01            360            0      N             Y
      8500012917                  4      FIXED 30 YEAR                     38.95            360            0      N             Y
      8500012919                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012924                  4      FIXED 30 YEAR                      32.8            360            0      N             Y
      8500012926                  4      FIXED 30 YEAR                     49.82            360            0      N             Y
      8500012945                  4      FIXED 30 YEAR                     43.87            360            0      N             Y
      8500012948                  5      FIXED 30 YEAR                         0            360            0      N             Y
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      8500012963                  9      FIXED 15 YEAR                         0            180            0      N             Y
      8500012968                  5      FIXED 15 YEAR                         0            180            0      N             Y
      8500012991                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500012999                  4      FIXED 30 YEAR                     42.05            360            0      N             Y
      8500013019                  4      FIXED 30 YEAR                         0            360          120      N             Y
      8500013020                  4      FIXED 30 YEAR                     39.51            360          120      N             Y
      8500013027                  4      FIXED 30 YEAR                     40.25            360          120      N             Y
      8500013039                  1      FIXED 30 YEAR                     42.46            360            0      N             Y
      8500013123                  4      FIXED 30 YEAR                      32.2            360            0      N             Y
      8500013135                  4      FIXED 30 YEAR                     49.35            360          120      N             N
      8500013142                  9      FIXED 30 YEAR                         0            360          120      N             N
      8500013148                  1      FIXED 30 YEAR                     44.75            360            0      N             Y
      8500013153                  4      FIXED 30 YEAR                     40.19            360          120      N             Y
      8500013154                  4      FIXED 30 YEAR                     43.07            360            0      N             Y
      8500013155                  4      FIXED 30 YEAR                     44.14            360            0      N             Y
      8500013159                  4      FIXED 15 YEAR                     32.79            180            0      N             N
      8500013163                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013170                  9      FIXED 30 YEAR                         0            360          120      N             Y
      8500013174                  4      FIXED 30 YEAR                     44.19            360          120      N             Y
      8500013204                  1      FIXED 30 YEAR                     38.31            360          120      N             Y
      8500013235                  4      FIXED 30 YEAR                     50.54            360          120      N             Y
      8500013244                  4      FIXED 30 YEAR                     30.15            360            0      N             Y
      8500013245                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013278                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500013294                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500013311                  4      FIXED 30 YEAR                      39.4            360            0      N             Y
      8500013543                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013549                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500013619                  1      FIXED 30 YEAR                     43.94            360          120      N             Y
      8500013626                  1      FIXED 30 YEAR                     39.15            360          120      N             Y
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      8500013642                  4      FIXED 30 YEAR                     37.18            360          120      N             N
      8600013788                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8600013842                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8600013852                  6      FIXED 30 YEAR                     49.78            360          120      N             Y
      8600014005                  4      FIXED 30 YEAR                     43.97            360          120      N             Y
      8600014092                  6      FIXED 30 YEAR                     38.01            360            0      N             N
      8600014098                  6      FIXED 40/30 YEAR                  38.05            360            0      Y             Y
      8600014200                  6      FIXED 30 YEAR                     45.21            360            0      N             Y
        40622880                  1      FLEX 100 LTV                       52.4            360            0      N             N
        97818595                  1      FIXED RATE - 40YR                    46            360            0      N             Y
        97732630                  1      FIXED RATE                           46            360            0      N             Y
        98069511                  1      FIXED RATE                           49            360            0      N             Y
        97407514                  4      FIXED RATE                           46            360            0      N             Y
        97673636                  1      FIXED RATE - 40YR                    36            360            0      N             N
        97291835                  4      FIXED RATE                           48            360            0      N             N
        97736151                  1      FIXED RATE                           15            180            0      N             N
        97958912                  1      FIXED RATE                           49            360            0      N             Y
        97421077                  1      FIXED RATE                           51            360            0      N             N
        95894317                  4      FIXED RATE                           26            360            0      N             Y
        97427876                  1      FIXED RATE                           42            240            0      N             Y
        97520670                  4      FIXED RATE                           23            360            0      N             N
        97520951                  1      FIXED RATE                           39            360            0      N             Y
        98666597                  1      FIXED RATE - 40YR                    43            360            0      N             Y
        97136832                  1      FIXED RATE                           39            360            0      N             Y
        97965636                  4      FIXED RATE                           37            360            0      N             Y
        97156350                  1      FIXED RATE - 40YR                    47            360            0      N             Y
        96733191                  1      FIXED RATE                            8            360            0      N             Y
        98041510                  4      FIXED RATE                           47            360            0      N             Y
        97496715                  1      FIXED RATE                           42            360            0      N             Y
      1105115567                  4      FIXED 40/30 YEAR                  46.36            360            0      Y             N
      1105115649                  4      FIXED 30 YEAR                     32.65            360            0      N             Y
      1105116076                  6      FIXED 40/30 YEAR                  20.77            360            0      Y             N
      1115103528                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1115103541                  6      FIXED 30 YEAR                     20.14            360            0      N             Y
      1115103548                  1      FIXED 30 YEAR                     37.62            360            0      N             Y
      1115103590                  4      FIXED 30 YEAR                     39.89            360            0      N             Y
      1115103603                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1115103610                  4      FIXED 30 YEAR                     34.27            360          120      N             Y
      1115103645                  4      FIXED 30 YEAR                     31.39            360          120      N             Y
      1115103676                  6      FIXED 30 YEAR                     34.16            360          120      N             Y
      1115103703                  4      FIXED 30 YEAR                     36.59            360          120      N             N
      1115103761                  6      FIXED 30 YEAR                     21.38            360            0      N             Y
      1115103859                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8600014218                  6      FIXED 30 YEAR                     41.33            360            0      N             N
      8600014231                  9      FIXED 15 YEAR                         0            180            0      N             Y
      8600014354                  4      FIXED 30 YEAR                     32.26            360          120      N             Y
      8600014375                  6      FIXED 30 YEAR                     44.82            360            0      N             N
      8600014566                  6      FIXED 30 YEAR                     49.38            360            0      N             Y
      1122000171                  1      FIXED 30 YEAR                     32.12            360          120      N             Y
      1124001262                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1124001329                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1124001386                  6      FIXED 30 YEAR                     49.94            360            0      N             Y
      1125100093                  1      FIXED 15 YEAR                      45.6            180            0      N             Y
      1125100151                  4      FIXED 30 YEAR                     37.67            360          120      N             Y
      1125100224                  1      FIXED 30 YEAR                     37.54            360          120      N             Y
      1301002120                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1301002176                  6      FIXED 30 YEAR                      46.3            360          120      N             Y
        97500797                  1      FIXED RATE - 5YR IO                  41            360           60      N             N
        98928914                  1      FIXED RATE - 40YR                    32            360            0      N             Y
      8500012621                  4      FIXED 30 YEAR                     42.91            360            0      N             N
      1115103423                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012333                  4      FIXED 30 YEAR                     49.42            360            0      N             Y
      8500012804                  1      FIXED 30 YEAR                     44.17            360          120      N             N
      1111002091                  4      FIXED 30 YEAR                     42.68            360          120      N             N
      1313003797                  5      FIXED 40/30 YEAR                      0            360            0      Y             Y
      1309008887                  6      FIXED 30 YEAR                     47.54            360          120      N             Y
      8500012799                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012042                  4      FIXED 30 YEAR                     20.34            360            0      N             N
        98186679                  1      FIXED RATE                           27            360            0      N             Y
        98432834                  4      FIXED RATE - 40YR                    34            360            0      N             Y
        99007072                  1      FIXED RATE - 40YR                    38            360            0      N             Y
        98623119                  4      FIXED RATE                           29            360            0      N             Y
        99401317                  2      FIXED RATE                           20            360            0      N             Y
        97753313                  1      FIXED RATE                           42            360            0      N             N
        99077919                  2      FIXED RATE - 5YR IO                  24            360           60      N             Y
      1301002062                  6      FIXED 30 YEAR                     44.28            360          120      N             Y
      1105114914                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1122000140                  6      FIXED 30 YEAR                     42.54            360            0      N             Y
        97287551                  4      FIXED RATE                           48            360            0      N             Y
        99441115                  1      FIXED RATE                           47            360            0      N             N
        98028756                  1      FIXED RATE                           32            180            0      N             Y
        98784275                  4      FIXED RATE                           41            360            0      N             Y
        99392318                  4      FIXED RATE                           34            360            0      N             Y
      1313003792                  5      FIXED 40/30 YEAR                      0            360            0      Y             Y
        98807316                  4      FIXED RATE                           37            360            0      N             Y
        98723034                  1      FIXED RATE - 5YR IO                  45            360           60      N             Y
        98063118                  1      FIXED RATE                           39            360            0      N             Y
        97650436                  1      FIXED RATE - 5YR IO                  43            360           60      N             Y
       151569829                  1      FIXED RATE                           50            360            0      N             N
        97193478                  2      FIXED RATE                           50            360            0      N             Y
        98391238                  1      FIXED RATE - 40YR                    46            360            0      N             Y
        97779474                  1      FIXED RATE                           31            360            0      N             Y
        97376958                  1      FIXED RATE                            3            360            0      N             Y
        98284870                  1      FIXED RATE                           48            360            0      N             N
        98128754                  1      FIXED RATE - 40YR                    50            360            0      N             Y
        97783757                  1      FIXED RATE                           54            360            0      N             Y
        98811631                  4      FIXED RATE                           36            360            0      N             Y
        98865470                  1      FIXED RATE                           48            360            0      N             Y
       151757762                  1      FIXED RATE                           45            240            0      N             Y
        99333395                  1      FIXED RATE - 5YR IO                  31            360           60      N             N
        40616690                  1      EA1                               47.81            360            0      N             N
        98979636                  1      FIXED RATE                           43            360            0      N             N
       150839926                  1      FIXED RATE                           34            360            0      N             Y
      1701123097                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012795                  4      FIXED 30 YEAR                     27.08            360          120      N             N
      8500012649                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012648                  4      FIXED 30 YEAR                     39.74            360            0      N             N
      8500012643                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012752                  4      FIXED 30 YEAR                     18.21            360          120      N             Y
      8500012290                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012060                  4      FIXED 30 YEAR                     44.82            360          120      N             N
      8500012443                  4      FIXED 30 YEAR                     42.91            360            0      N             Y
      8500012635                  4      FIXED 30 YEAR                     36.14            360          120      N             Y
      8500012976                  1      FIXED 30 YEAR                        26            360            0      N             Y
      1706102352                  4      FIXED 30 YEAR                     41.55            360            0      N             N
        98349038                  1      FIXED RATE - 40YR                    39            360            0      N             N
      1309008878                  1      FIXED 30 YEAR                     44.57            360            0      N             Y
      1326001195                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1310012803                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1312004542                  1      FIXED 30 YEAR                      38.7            360          120      N             Y
      1310012797                  1      FIXED 30 YEAR                     42.06            360          120      N             Y
      1328000218                  4      FIXED 30 YEAR                     40.21            360            0      N             Y
      8600013718                  4      FIXED 30 YEAR                     42.56            360          120      N             Y
      8600013823                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012658                  5      FIXED 30 YEAR                         0            360          120      N             N
      1701123095                  6      FIXED 30 YEAR                     46.66            360          120      N             Y
      8600013813                  4      FIXED 30 YEAR                     26.59            360          120      N             Y
      1105115119                  6      FIXED 15 YEAR                     35.29            180            0      N             Y
      8500012035                  4      FIXED 30 YEAR                     29.54            360          120      N             Y
      8500012654                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012450                  4      FIXED 30 YEAR                     29.99            360          120      N             Y
      8500012801                  5      FIXED 30 YEAR                         0            360            0      N             N
      8600013931                  4      FIXED 40/30 YEAR                  48.13            360            0      Y             Y
      8500012751                  4      FIXED 30 YEAR                     40.82            360          120      N             Y
        97780035                  1      FIXED RATE                           23            360            0      N             Y
        99339194                  4      FIXED RATE                           32            360            0      N             N
        97996953                  1      FIXED RATE - 5YR IO                  28            360           60      N             Y
      1701123275                  1      FIXED 30 YEAR                     46.14            360          120      N             N
      1707101205                  6      FIXED 30 YEAR                     45.67            360          120      N             Y
      1707101329                  6      FIXED 30 YEAR                     47.78            360          120      N             N
      8500012058                  4      FIXED 30 YEAR                     28.15            360          120      N             Y
      8500012974                  4      FIXED 15 YEAR                     45.22            180            0      N             Y
      1705000813                  4      FIXED 30 YEAR                     44.12            360          120      N             N
      8500012637                  5      FIXED 30 YEAR                         0            360          120      N             N
        99020679                  4      FIXED RATE                           45            360            0      N             Y
      8500012280                  9      FIXED 30 YEAR                         0            360          120      N             Y
        97670392                  1      FIXED RATE - 40YR                    35            360            0      N             Y
       151797065                  1      FIXED RATE - 5YR IO                  33            360           60      N             Y
        86077732                  4      FIXED RATE - 5YR IO                  27            360           60      N             Y
        98912751                  1      FIXED RATE                           29            360            0      N             Y
      1104001621                  4      FIXED 30 YEAR                     42.25            360          120      N             N
      1105115231                  4      FIXED 40/30 YEAR                  45.67            360            0      Y             N
      1105115310                  4      FIXED 30 YEAR                     38.73            360            0      N             Y
      1105115402                  4      FIXED 40/30 YEAR                   42.3            360            0      Y             N
        97206916                  1      FIXED RATE - 40YR                    37            360            0      N             Y
       151201167                  1      FIXED RATE                           49            300            0      N             N
        98012073                  1      FIXED RATE                           26            360            0      N             Y
      8500012298                  4      FIXED 30 YEAR                     44.18            360            0      N             Y
      8500012789                  5      FIXED 30 YEAR                         0            360          120      N             N
      8500012644                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012645                  9      FIXED 30 YEAR                         0            360          120      N             N
      1105114669                  4      FIXED 40/30 YEAR                  49.91            360            0      Y             N
      1701123337                  4      FIXED 30 YEAR                     33.19            360          120      N             Y
      8500012338                  5      FIXED 30 YEAR                     43.85            360            0      N             Y
      8500012659                  1      FIXED 30 YEAR                     34.22            360          120      N             N
      8600013871                  6      FIXED 30 YEAR                      34.4            360          120      N             N
        98112030                  1      FIXED RATE                           19            360            0      N             Y
        99106114                  4      FIXED RATE                           48            360            0      N             Y
        98820871                  1      FIXED RATE                           34            180            0      N             Y
        98772437                  2      FIXED RATE                           48            360            0      N             N
       151862083                  2      FIXED RATE                           47            360            0      N             Y
        98914633                  1      FIXED RATE                           33            360            0      N             Y
        98921992                  4      FIXED RATE                           30            180            0      N             Y
        99172637                  4      FIXED RATE                           42            360            0      N             N
       150473163                  1      FIXED RATE                           46            360            0      N             Y
        98510233                  4      FIXED RATE                           36            360            0      N             Y
       148973407                  1      FIXED RATE                           49            360            0      N             Y
        97037790                  1      FIXED RATE                           40            360            0      N             Y
        97576599                  4      FIXED RATE                           48            360            0      N             Y
       151527322                  1      FIXED RATE - 5YR IO                  49            360           60      N             Y
        97596993                  4      FIXED RATE                           49            360            0      N             Y
      8500012749                  1      FIXED 30 YEAR                     43.38            360          120      N             Y
      8500012440                  1      FIXED 30 YEAR                     54.94            360            0      N             Y
      8500012784                  5      FIXED 30 YEAR                         0            360          120      N             N
      1701123665                  4      FIXED 30 YEAR                      34.5            360          120      N             N
      1115103421                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8600013805                  4      FIXED 30 YEAR                     43.14            360            0      N             Y
      1701123016                  4      FIXED 30 YEAR                     45.25            360          120      N             Y
       141007880                  1      FIXED RATE                           54            360            0      N             Y
       151785920                  1      FIXED RATE                           45            240            0      N             Y
        98327117                  1      FIXED RATE                           41            360            0      N             Y
      1304007771                  1      FIXED 30 YEAR                     30.15            360            0      N             Y
      1308004726                  5      FIXED 30 YEAR                         0            360            0      N             Y
      1309008947                  4      FIXED 30 YEAR                     41.57            360            0      N             Y
      1309008951                  4      FIXED 30 YEAR                     37.25            360          120      N             Y
      1309009016                  1      FIXED 30 YEAR                     41.02            360          120      N             Y
      1310012287                  4      FIXED 30 YEAR                     40.02            360            0      N             N
      1310012794                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1323001833                  1      FIXED 30 YEAR                     45.36            360          120      N             Y
      1326001148                  1      FIXED 30 YEAR                      43.5            360          120      N             Y
      1326001186                  1      FIXED 30 YEAR                     47.06            360            0      N             Y
      1701123010                  9      FIXED 30 YEAR                         0            360            0      N             Y
      1701123237                  4      FIXED 30 YEAR                     37.57            360          120      N             N
      1701123273                  5      FIXED 30 YEAR                         0            360          120      N             N
      1701123347                  4      FIXED 40/30 YEAR                  41.22            360            0      Y             Y
      1701123358                  4      FIXED 30 YEAR                     48.67            360          120      N             Y
      1701123479                  6      FIXED 30 YEAR                     45.13            360          120      N             Y
      1701123517                  4      FIXED 30 YEAR                     26.58            360          120      N             Y
      1701123518                  6      FIXED 30 YEAR                     47.52            360          120      N             N
      1701123529                  4      FIXED 30 YEAR                     48.19            360          120      N             Y
      1701123567                  1      FIXED 30 YEAR                     30.83            360          120      N             Y
      1701123581                  4      FIXED 30 YEAR                      41.9            360          120      N             N
      1701123644                  6      FIXED 30 YEAR                     41.28            360          120      N             Y
      1701123691                  6      FIXED 30 YEAR                     48.77            360          120      N             Y
      1701123870                  4      FIXED 40/30 YEAR                  36.24            360            0      Y             N
      1701123898                  4      FIXED 30 YEAR                     46.79            360            0      N             Y
      1701123902                  4      FIXED 40/30 YEAR                  47.23            360            0      Y             N
      1701123941                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1701123972                  6      FIXED 30 YEAR                     47.28            360          120      N             N
      1701124003                  6      FIXED 30 YEAR                     46.41            360          120      N             Y
      1701124018                  5      FIXED 30 YEAR                         0            360          120      N             N
      1701124031                  4      FIXED 30 YEAR                     37.77            360          120      N             N
      1701124063                  6      FIXED 30 YEAR                      42.8            360            0      N             Y
      1701124077                  9      FIXED 30 YEAR                         0            360          120      N             Y
      1701124098                  4      FIXED 30 YEAR                     45.15            360            0      N             Y
      1701124109                  4      FIXED 30 YEAR                     48.61            360          120      N             Y
      1701124119                  4      FIXED 30 YEAR                     33.85            360          120      N             Y
      1701124217                  6      FIXED 30 YEAR                     43.11            360          120      N             Y
      1701124352                  4      FIXED 30 YEAR                     34.63            360          120      N             Y
      1705000811                  1      FIXED 30 YEAR                     26.84            360          120      N             Y
      1706102330                  6      FIXED 40/30 YEAR                  38.71            360            0      Y             Y
      1706102381                  4      FIXED 30 YEAR                     46.16            360          120      N             Y
      1706102414                  4      FIXED 30 YEAR                     47.21            360          120      N             N
      1706102450                  4      FIXED 30 YEAR                     48.27            360          120      N             N
      1706102470                  6      FIXED 30 YEAR                     40.88            360          120      N             Y
      1706102474                  6      FIXED 30 YEAR                     38.86            360            0      N             Y
      1707101351                  5      FIXED 30 YEAR                         0            360          120      N             Y
      1707101456                  4      FIXED 30 YEAR                     31.55            360          120      N             Y
      1707101671                  4      FIXED 30 YEAR                     40.87            360          120      N             N
      1707101677                  4      FIXED 30 YEAR                     37.63            360          120      N             Y
      1707101697                  6      FIXED 30 YEAR                     49.42            360          120      N             N
      1707101770                  4      FIXED 30 YEAR                     49.72            360          120      N             Y
      1901026518                  4      FIXED 30 YEAR                     43.84            360            0      N             N
      1901026622                  6      FIXED 30 YEAR                     49.03            360          120      N             Y
      8500012700                  6      FIXED 30 YEAR                     48.44            360          120      N             N
      8500012755                  4      FIXED 30 YEAR                     48.03            360          120      N             Y
      8500012762                  4      FIXED 30 YEAR                     48.77            360          120      N             Y
      8500012765                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500012768                  4      FIXED 30 YEAR                     42.87            360            0      N             Y
      8500012770                  4      FIXED 40/30 YEAR                  43.07            360            0      Y             Y
      8500012774                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012808                  1      FIXED 30 YEAR                     23.87            360            0      N             N
      8500012821                  4      FIXED 30 YEAR                     36.38            360            0      N             N
      8500012822                  1      FIXED 30 YEAR                     40.35            360            0      N             N
      8500012827                  6      FIXED 30 YEAR                     35.07            360            0      N             N
      8500012830                  9      FIXED 30 YEAR                         0            360            0      N             N
      8500012856                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012881                  6      FIXED 30 YEAR                     28.91            360            0      N             N
      8500012898                  4      FIXED 30 YEAR                      30.8            360          120      N             N
      8500012923                  1      FIXED 30 YEAR                     47.45            360            0      N             Y
      8500012925                  4      FIXED 30 YEAR                     38.49            360            0      N             N
      8500012934                  1      FIXED 30 YEAR                     49.91            360            0      N             Y
      8500012937                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012944                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012955                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500012964                  5      FIXED 30 YEAR                         0            360            0      N             N
      8500012985                  4      FIXED 30 YEAR                     32.77            360          120      N             Y
      8500013007                  4      FIXED 30 YEAR                     40.26            360          120      N             Y
      8500013016                  4      FIXED 30 YEAR                     40.65            360            0      N             Y
      8500013024                  4      FIXED 30 YEAR                         0            360            0      N             Y
      8500013025                  5      FIXED 40/30 YEAR                      0            360            0      Y             Y
      8500013028                  4      FIXED 30 YEAR                     39.51            360            0      N             Y
      8500013031                  9      FIXED 30 YEAR                         0            360          120      N             Y
      8500013033                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013041                  4      FIXED 30 YEAR                     44.21            360          120      N             Y
      8500013121                  9      FIXED 40/30 YEAR                      0            360            0      Y             N
      8500013124                  4      FIXED 30 YEAR                     36.31            360          120      N             N
      8500013137                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013139                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013144                  6      FIXED 30 YEAR                     42.46            360          120      N             Y
      8500013145                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013149                  6      FIXED 50/30 YEAR                   44.5            360            0      Y             Y
      8500013187                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500013209                  5      FIXED 30 YEAR                         0            360          120      N             Y
      8500013214                  1      FIXED 30 YEAR                     49.78            360            0      N             Y
      8500013230                  4      FIXED 30 YEAR                     23.22            360          120      N             Y
      8500013239                  1      FIXED 30 YEAR                     51.23            360          120      N             Y
      8500013247                  4      FIXED 30 YEAR                     38.23            360            0      N             N
      8500013253                  6      FIXED 30 YEAR                     39.42            360            0      N             N
      8500013268                  4      FIXED 30 YEAR                     37.04            360            0      N             Y
      8500013280                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013284                  4      FIXED 15 YEAR                     31.82            180            0      N             Y
      8500013285                  4      FIXED 15 YEAR                     23.25            180            0      N             Y
      8500013542                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013545                  5      FIXED 30 YEAR                         0            360            0      N             Y
      8500013548                  9      FIXED 30 YEAR                         0            360            0      N             Y
      8500013615                  4      FIXED 30 YEAR                         0            360          120      N             N
      8500013633                  4      FIXED 30 YEAR                      34.9            360          120      N             N
      8600013951                  4      FIXED 30 YEAR                     42.88            360          120      N             Y
      8600014094                  4      FIXED 30 YEAR                     34.53            360          120      N             Y
      8600014113                  6      FIXED 30 YEAR                     46.94            360          120      N             Y
      8600014196                  6      FIXED 30 YEAR                     35.56            360          120      N             Y
      8600014504                  6      FIXED 40/30 YEAR                  44.99            360            0      Y             Y
      8600014596                  6      FIXED 30 YEAR                     34.85            360          120      N             Y
      8600014951                  9      FIXED 30 YEAR                         0            360          120      N             Y



loanid                selfemploy        fradate       fpadate        assumable          indexcd        margin        nradate
-------------------------------------------------------------------------------------------------------------------------------
        98374671      N                 /  /          /  /                                                    0      /  /
      1310012807      N                 /  /          /  /                                                    0      /  /
      1304007618      Y                 /  /          /  /                                                    0      /  /
      1310012684      N                 /  /          /  /                                                    0      /  /
      1325000258      N                 /  /          /  /                                                    0      /  /
        97636476      N                 /  /          /  /                                                    0      /  /
      1323001742      Y                 /  /          /  /                                                    0      /  /
      1309008902      N                 /  /          /  /                                                    0      /  /
      1328000223      N                 /  /          /  /                                                    0      /  /
      1326001175      N                 /  /          /  /                                                    0      /  /
      8500012342      N                 /  /          /  /                                                    0      /  /
      1105115291      N                 /  /          /  /                                                    0      /  /
      8500012647      N                 /  /          /  /                                                    0      /  /
      1115103480      N                 /  /          /  /                                                    0      /  /
      8500012304      N                 /  /          /  /                                                    0      /  /
      1311005071      N                 /  /          /  /                                                    0      /  /
      8600013697      N                 /  /          /  /                                                    0      /  /
      1701123359      N                 /  /          /  /                                                    0      /  /
      8500012451      N                 /  /          /  /                                                    0      /  /
      1105115219      N                 /  /          /  /                                                    0      /  /
        98392038      Y                 /  /          /  /                                                    0      /  /
        98321755      N                 /  /          /  /                                                    0      /  /
        99479271      Y                 /  /          /  /                                                    0      /  /
        98394075      Y                 /  /          /  /                                                    0      /  /
        99479792      Y                 /  /          /  /                                                    0      /  /
        97497192      N                 /  /          /  /                                                    0      /  /
        98103153      N                 /  /          /  /                                                    0      /  /
        97839393      N                 /  /          /  /                                                    0      /  /
        98182033      N                 /  /          /  /                                                    0      /  /
       151539681      N                 /  /          /  /                                                    0      /  /
      1707101305      N                 /  /          /  /                                                    0      /  /
       151869542      N                 /  /          /  /                                                    0      /  /
        98876196      N                 /  /          /  /                                                    0      /  /
        98394752      N                 /  /          /  /                                                    0      /  /
        99422990      Y                 /  /          /  /                                                    0      /  /
        99034555      N                 /  /          /  /                                                    0      /  /
        98394950      N                 /  /          /  /                                                    0      /  /
        98288590      N                 /  /          /  /                                                    0      /  /
      1701123087      N                 /  /          /  /                                                    0      /  /
      1701123130      N                 /  /          /  /                                                    0      /  /
        98349277      Y                 /  /          /  /                                                    0      /  /
       151247483      N                 /  /          /  /                                                    0      /  /
        97845234      Y                 /  /          /  /                                                    0      /  /
        85923779      N                 /  /          /  /                                                    0      /  /
        98259831      N                 /  /          /  /                                                    0      /  /
        97474951      Y                 /  /          /  /                                                    0      /  /
        98838311      Y                 /  /          /  /                                                    0      /  /
       151406246      Y                 /  /          /  /                                                    0      /  /
      1310012528      N                 /  /          /  /                                                    0      /  /
      1301002110      N                 /  /          /  /                                                    0      /  /
      8500012636      N                 /  /          /  /                                                    0      /  /
      1701122953      N                 /  /          /  /                                                    0      /  /
        97878276      N                 /  /          /  /                                                    0      /  /
      8500012618      N                 /  /          /  /                                                    0      /  /
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      8600014951      N                 /  /          /  /                                                    0      /  /



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----------------------------------------------------------------------------------------------------------------------------------
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        97996953             0      N                            0              0                                 0              0
      1701123275             0      N                            0              0                                 0              0
      1707101205             0      N                            0              0                                 0              0
      1707101329             0      N                            0              0                                 0              0
      8500012058             0      N                            0              0                                 0              0
      8500012974             0      N                            0              0                                 0              0
      1705000813             0      N                            0              0                                 0              0
      8500012637             0      N                            0              0                                 0              0
        99020679             0      N                            0              0                                 0              0
      8500012280             0      N                            0              0                                 0              0
        97670392             0      N                            0              0                                 0              0
       151797065             0      N                            0              0                                 0              0
        86077732             0      N                            0              0                                 0              0
        98912751             0      N                            0              0                                 0              0
      1104001621             0      N                            0              0                                 0              0
      1105115231             0      N                            0              0                                 0              0
      1105115310             0      N                            0              0                                 0              0
      1105115402             0      N                            0              0                                 0              0
        97206916             0      N                            0              0                                 0              0
       151201167             0      N                            0              0                                 0              0
        98012073             0      N                            0              0                                 0              0
      8500012298             0      N                            0              0                                 0              0
      8500012789             0      N                            0              0                                 0              0
      8500012644             0      N                            0              0                                 0              0
      8500012645             0      N                            0              0                                 0              0
      1105114669             0      N                            0              0                                 0              0
      1701123337             0      N                            0              0                                 0              0
      8500012338             0      N                            0              0                                 0              0
      8500012659             0      N                            0              0                                 0              0
      8600013871             0      N                            0              0                                 0              0
        98112030             0      N                            0              0                                 0              0
        99106114             0      N                            0              0                                 0              0
        98820871             0      N                            0              0                                 0              0
        98772437             0      N                            0              0                                 0              0
       151862083             0      N                            0              0                                 0              0
        98914633             0      N                            0              0                                 0              0
        98921992             0      N                            0              0                                 0              0
        99172637             0      N                            0              0                                 0              0
       150473163             0      N                            0              0                                 0              0
        98510233             0      N                            0              0                                 0              0
       148973407             0      N                            0              0                                 0              0
        97037790             0      N                            0              0                                 0              0
        97576599             0      N                            0              0                                 0              0
       151527322             0      N                            0              0                                 0              0
        97596993             0      N                            0              0                                 0              0
      8500012749             0      N                            0              0                                 0              0
      8500012440             0      N                            0              0                                 0              0
      8500012784             0      N                            0              0                                 0              0
      1701123665             0      N                            0              0                                 0              0
      1115103421             0      N                            0              0                                 0              0
      8600013805             0      N                            0              0                                 0              0
      1701123016             0      N                            0              0                                 0              0
       141007880             0      N                            0              0                                 0              0
       151785920             0      N                            0              0                                 0              0
        98327117             0      N                            0              0                                 0              0
      1304007771             0      N                            0              0                                 0              0
      1308004726             0      N                            0              0                                 0              0
      1309008947             0      N                            0              0                                 0              0
      1309008951             0      N                            0              0                                 0              0
      1309009016             0      N                            0              0                                 0              0
      1310012287             0      N                            0              0                                 0              0
      1310012794             0      N                            0              0                                 0              0
      1323001833             0      N                            0              0                                 0              0
      1326001148             0      N                            0              0                                 0              0
      1326001186             0      N                            0              0                                 0              0
      1701123010             0      N                            0              0                                 0              0
      1701123237             0      N                            0              0                                 0              0
      1701123273             0      N                            0              0                                 0              0
      1701123347             0      N                            0              0                                 0              0
      1701123358             0      N                            0              0                                 0              0
      1701123479             0      N                            0              0                                 0              0
      1701123517             0      N                            0              0                                 0              0
      1701123518             0      N                            0              0                                 0              0
      1701123529             0      N                            0              0                                 0              0
      1701123567             0      N                            0              0                                 0              0
      1701123581             0      N                            0              0                                 0              0
      1701123644             0      N                            0              0                                 0              0
      1701123691             0      N                            0              0                                 0              0
      1701123870             0      N                            0              0                                 0              0
      1701123898             0      N                            0              0                                 0              0
      1701123902             0      N                            0              0                                 0              0
      1701123941             0      N                            0              0                                 0              0
      1701123972             0      N                            0              0                                 0              0
      1701124003             0      N                            0              0                                 0              0
      1701124018             0      N                            0              0                                 0              0
      1701124031             0      N                            0              0                                 0              0
      1701124063             0      N                            0              0                                 0              0
      1701124077             0      N                            0              0                                 0              0
      1701124098             0      N                            0              0                                 0              0
      1701124109             0      N                            0              0                                 0              0
      1701124119             0      N                            0              0                                 0              0
      1701124217             0      N                            0              0                                 0              0
      1701124352             0      N                            0              0                                 0              0
      1705000811             0      N                            0              0                                 0              0
      1706102330             0      N                            0              0                                 0              0
      1706102381             0      N                            0              0                                 0              0
      1706102414             0      N                            0              0                                 0              0
      1706102450             0      N                            0              0                                 0              0
      1706102470             0      N                            0              0                                 0              0
      1706102474             0      N                            0              0                                 0              0
      1707101351             0      N                            0              0                                 0              0
      1707101456             0      N                            0              0                                 0              0
      1707101671             0      N                            0              0                                 0              0
      1707101677             0      N                            0              0                                 0              0
      1707101697             0      N                            0              0                                 0              0
      1707101770             0      N                            0              0                                 0              0
      1901026518             0      N                            0              0                                 0              0
      1901026622             0      N                            0              0                                 0              0
      8500012700             0      N                            0              0                                 0              0
      8500012755             0      N                            0              0                                 0              0
      8500012762             0      N                            0              0                                 0              0
      8500012765             0      N                            0              0                                 0              0
      8500012768             0      N                            0              0                                 0              0
      8500012770             0      N                            0              0                                 0              0
      8500012774             0      N                            0              0                                 0              0
      8500012808             0      N                            0              0                                 0              0
      8500012821             0      N                            0              0                                 0              0
      8500012822             0      N                            0              0                                 0              0
      8500012827             0      N                            0              0                                 0              0
      8500012830             0      N                            0              0                                 0              0
      8500012856             0      N                            0              0                                 0              0
      8500012881             0      N                            0              0                                 0              0
      8500012898             0      N                            0              0                                 0              0
      8500012923             0      N                            0              0                                 0              0
      8500012925             0      N                            0              0                                 0              0
      8500012934             0      N                            0              0                                 0              0
      8500012937             0      N                            0              0                                 0              0
      8500012944             0      N                            0              0                                 0              0
      8500012955             0      N                            0              0                                 0              0
      8500012964             0      N                            0              0                                 0              0
      8500012985             0      N                            0              0                                 0              0
      8500013007             0      N                            0              0                                 0              0
      8500013016             0      N                            0              0                                 0              0
      8500013024             0      N                            0              0                                 0              0
      8500013025             0      N                            0              0                                 0              0
      8500013028             0      N                            0              0                                 0              0
      8500013031             0      N                            0              0                                 0              0
      8500013033             0      N                            0              0                                 0              0
      8500013041             0      N                            0              0                                 0              0
      8500013121             0      N                            0              0                                 0              0
      8500013124             0      N                            0              0                                 0              0
      8500013137             0      N                            0              0                                 0              0
      8500013139             0      N                            0              0                                 0              0
      8500013144             0      N                            0              0                                 0              0
      8500013145             0      N                            0              0                                 0              0
      8500013149             0      N                            0              0                                 0              0
      8500013187             0      N                            0              0                                 0              0
      8500013209             0      N                            0              0                                 0              0
      8500013214             0      N                            0              0                                 0              0
      8500013230             0      N                            0              0                                 0              0
      8500013239             0      N                            0              0                                 0              0
      8500013247             0      N                            0              0                                 0              0
      8500013253             0      N                            0              0                                 0              0
      8500013268             0      N                            0              0                                 0              0
      8500013280             0      N                            0              0                                 0              0
      8500013284             0      N                            0              0                                 0              0
      8500013285             0      N                            0              0                                 0              0
      8500013542             0      N                            0              0                                 0              0
      8500013545             0      N                            0              0                                 0              0
      8500013548             0      N                            0              0                                 0              0
      8500013615             0      N                            0              0                                 0              0
      8500013633             0      N                            0              0                                 0              0
      8600013951             0      N                            0              0                                 0              0
      8600014094             0      N                            0              0                                 0              0
      8600014113             0      N                            0              0                                 0              0
      8600014196             0      N                            0              0                                 0              0
      8600014504             0      N                            0              0                                 0              0
      8600014596             0      N                            0              0                                 0              0
      8600014951             0      N                            0              0                                 0              0



loanid                times60        times90        nxtduedate         dayslate        netrate       armorfix        amortterm
----------------------------------------------------------------------------------------------------------------------------------
        98374671              0              0          10/1/2006               0        6.4825      F                        360
      1310012807              0              0          10/1/2006               0        6.9825      F                        360
      1304007618              0              0          11/1/2006               0        6.9825      F                        360
      1310012684              0              0          10/1/2006               0        7.3575      F                        360
      1325000258              0              0          10/1/2006               0        7.8575      F                        360
        97636476              0              0          10/1/2006               0        6.2825      F                        360
      1323001742              0              0          10/1/2006               0        6.9825      F                        360
      1309008902              0              0          10/1/2006               0        7.3575      F                        360
      1328000223              0              0          10/1/2006               0        6.4825      F                        480
      1326001175              0              0          10/1/2006               0        7.9825      F                        360
      8500012342              0              0          11/1/2006               0        6.7325      F                        360
      1105115291              0              0          11/1/2006               0        7.2325      F                        360
      8500012647              0              0          10/1/2006               0        7.1075      F                        360
      1115103480              0              0          11/1/2006               0        7.3575      F                        360
      8500012304              0              0          10/1/2006               0        6.6075      F                        360
      1311005071              0              0          10/1/2006               0        7.1075      F                        360
      8600013697              0              0          10/1/2006               0        7.8575      F                        360
      1701123359              0              0          11/1/2006               0        6.9825      F                        360
      8500012451              0              0          11/1/2006               0        7.2325      F                        360
      1105115219              0              0          10/1/2006               0        7.2325      F                        360
        98392038              0              0          10/1/2006               0        5.5825      F                        360
        98321755              0              0          10/1/2006               0        6.2325      F                        360
        99479271              0              0          10/1/2006               0        7.0825      F                        360
        98394075              0              0          11/1/2006               0        9.5825      F                        360
        99479792              0              0          10/1/2006               0        7.5825      F                        360
        97497192              0              0          10/1/2006               0        6.9325      F                        480
        98103153              0              0          10/1/2006               0        6.4725      F                        480
        97839393              0              0          10/1/2006               0        7.1825      F                        360
        98182033              0              0          10/1/2006               0        5.6825      F                        360
       151539681              0              0          10/1/2006               0        7.4725      F                        360
      1707101305              0              0          11/1/2006               0        7.1075      F                        360
       151869542              0              0          11/1/2006               0        7.4725      F                        360
        98876196              0              0          10/1/2006               0        5.5825      F                        360
        98394752              0              0          11/1/2006               0        5.7075      F                        360
        99422990              0              0          11/1/2006               0        5.5825      F                        360
        99034555              0              0          10/1/2006               0        6.3325      F                        480
        98394950              0              0          11/1/2006               0        5.8325      F                        360
        98288590              0              0          10/1/2006               0        10.233      F                        360
      1701123087              0              0          10/1/2006               0        7.1075      F                        360
      1701123130              0              0          10/1/2006               0        7.1075      F                        360
        98349277              0              0          10/1/2006               0        6.4325      F                        480
       151247483              0              0          10/1/2006               0        6.9325      F                        360
        97845234              0              0          10/1/2006               0        6.9825      F                        480
        85923779              0              0          10/1/2006               0        6.0825      F                        360
        98259831              0              0          11/1/2006               0        5.5825      F                        180
        97474951              0              0          11/1/2006               0        7.4075      F                        360
        98838311              0              0          11/1/2006               0        8.1095      F                        360
       151406246              0              0          10/1/2006               0        6.7825      F                        360
      1310012528              0              0          11/1/2006               0        6.9825      F                        360
      1301002110              0              0          11/1/2006               0        6.9825      F                        360
      8500012636              0              0          10/1/2006               0        7.1075      F                        360
      1701122953              0              0          10/1/2006               0        7.3575      F                        360
        97878276              0              0          10/1/2006               0        7.7825      F                        360
      8500012618              0              0          10/1/2006               0        8.3575      F                        360
      8500012436              0              0          10/1/2006               0        6.6075      F                        360
      1901025753              0              0          10/1/2006               0        6.2325      F                        180
      1311004987              0              0          10/1/2006               0        7.3325      F                        480
      1105114884              0              0          10/1/2006               0        7.4825      F                        480
      1707101357              0              0          10/1/2006               0        7.4825      F                        360
      8500012971              0              0          10/1/2006               0        6.6075      F                        480
      1105115063              0              0          10/1/2006               0        7.2325      F                        360
        97214118              0              0          10/1/2006               0        6.8825      F                        360
        97851034              0              0          10/1/2006               0        7.0325      F                        360
        99038390              0              0          11/1/2006               0        5.9825      F                        360
        99487399              0              0          10/1/2006               0        5.9825      F                        360
      1701123306              0              0          10/1/2006               0        7.3575      F                        360
      1115103457              0              0          10/1/2006               0        7.1075      F                        360
      1105115086              0              0          10/1/2006               0        7.2625      F                        360
      1707101130              0              0          10/1/2006               0        7.3575      F                        480
      8500012441              0              0          11/1/2006               0        6.4825      F                        360
        99636557              0              0          11/1/2006               0        6.6825      F                        360
        99650798              0              0          10/1/2006               0        7.3825      F                        360
        99680837              0              0          10/1/2006               0        5.6825      F                        480
        99635997              0              0          10/1/2006               0        9.2825      F                        360
        99646879              0              0          10/1/2006               0        7.1825      F                        360
        99735755              0              0          11/1/2006               0        5.5825      F                        360
      1701123475              0              0          10/1/2006               0        6.8575      F                        360
       151664224              0              0          11/1/2006               0        7.4725      F                        360
       151671625              0              0          11/1/2006               0        6.1075      F                        300
       150216067              0              0          10/1/2006               0        6.4825      F                        360
        97834113              0              0          10/1/2006               0        7.6825      F                        480
        99488439              0              0          10/1/2006               0        7.4725      F                        360
      1101003525              0              0          10/1/2006               0        7.4825      F                        360
      1102001734              0              0          11/1/2006               0        7.9825      F                        360
      1105115180              0              0          11/1/2006               0        8.2325      F                        360
        99480394              0              0          11/1/2006               0        5.5825      F                        360
       151765823              0              0          10/1/2006               0        7.5825      F                        360
        98886351              0              0          11/1/2006               0        6.2815      F                        360
        99036634              0              0          10/1/2006               0        5.6825      F                        360
      1115103373              0              0          10/1/2006               0        7.4825      F                        360
        99561474              0              0          10/1/2006               0        5.7325      F                        360
        99578593              0              0          11/1/2006               0        6.7325      F                        360
       151691326              0              0          10/1/2006               0        5.9825      F                        360
        99586356              0              0          10/1/2006               0        8.5825      F                        360
        99608275              0              0          10/1/2006               0        6.5325      F                        360
        99571838              0              0          10/1/2006               0        6.3825      F                        360
        98713274              0              0          10/1/2006               0        5.5825      F                        360
        97920474              0              0          11/1/2006               0        5.5825      F                        360
        99308033              0              0          11/1/2006               0        5.5825      F                        360
        98450711              0              0          10/1/2006               0        6.9825      F                        480
      1105115199              0              0          11/1/2006               0        8.2325      F                        480
      1105115213              0              0          11/1/2006               0        7.2325      F                        480
      1105115241              0              0          11/1/2006               0        7.2325      F                        360
      1105115284              0              0          11/1/2006               0        7.2325      F                        360
      1105115415              0              0          11/1/2006               0        7.3575      F                        480
      8500012055              0              0           9/1/2006               0        6.9825      F                        360
      8500012187              0              0          10/1/2006               0        6.7225      F                        180
      8500012632              0              0          10/1/2006               0        6.9825      F                        360
      8500012294              0              0          10/1/2006               0        6.9825      F                        360
      8500012445              0              0          10/1/2006               0        6.6075      F                        360
        98224074              0              0          10/1/2006               0        9.7795      F                        360
        99506792              0              0          10/1/2006               0        5.7075      F                        360
        98511751              0              0          10/1/2006               0        6.8325      F                        360
       151733706              0              0          10/1/2006               0        6.5325      F                        360
      8500012790              0              0          10/1/2006               0        7.7225      F                        360
        98301799              0              0          11/1/2006               0        7.2825      F                        360
        97954911              0              0          11/1/2006               0        7.2325      F                        360
        96976675              0              0          10/1/2006               0        6.0325      F                        360
        97956155              0              0          11/1/2006               0        5.8325      F                        360
       151631686              0              0          11/1/2006               0        7.0325      F                        360
      8500012279              0              0          10/1/2006               0        6.6075      F                        360
        97837116              0              0          10/1/2006               0        6.4825      F                        360
        99431272              0              0          11/1/2006               0        5.4325      F                        360
       140847922              0              0          10/1/2006               0        6.4725      F                        360
        98983190              0              0          10/1/2006               0        6.0825      F                        240
      8500012793              0              0          10/1/2006               0        6.8575      F                        360
      8500012646              0              0          10/1/2006               0        6.9825      F                        360
      1105115068              0              0          10/1/2006               0        6.6075      F                        360
      1105115312              0              0          11/1/2006               0        7.1075      F                        480
      8500012802              0              0          10/1/2006               0        6.9825      F                        360
        86081932              0              0          10/1/2006               0        6.3325      F                        360
        98404197              0              0          11/1/2006               0        5.4725      F                        360
      1105115188              0              0          11/1/2006               0        7.3575      F                        360
        98144876              0              0          10/1/2006               0        5.7325      F                        360
        97953194              0              0          10/1/2006               0        5.6325      F                        360
      8500012666              0              0          10/1/2006               0        6.4825      F                        360
      8500012332              0              0          10/1/2006               0        6.4825      F                        240
      1315003373              0              0          10/1/2006               0        7.6075      F                        360
      1311004982              0              0          10/1/2006               0        7.1075      F                        480
      1323001600              0              0          10/1/2006               0        6.8575      F                        360
      1323001754              0              0          10/1/2006               0        7.9825      F                        360
      1310012740              0              0          10/1/2006               0        7.1075      F                        360
        98805237              0              0          10/1/2006               0        9.4325      F                        360
        99021875              0              0          10/1/2006               0        6.7825      F                        480
        99003279              0              0          10/1/2006               0        7.0825      F                        360
        98147150              0              0          10/1/2006               0        7.2325      F                        360
        98149198              0              0          10/1/2006               0        6.4725      F                        360
        96496195              0              0          10/1/2006               0        6.2325      F                        480
        97826036              0              0          11/1/2006               0        7.0825      F                        360
        97827158              0              0          11/1/2006               0        5.6825      F                        480
        98776719              0              0          10/1/2006               0        5.6825      F                        360
        99252835              0              0          10/1/2006               0        6.4725      F                        360
        98209752              0              0          10/1/2006               0        5.9825      F                        480
        97882476              0              0          10/1/2006               0        6.8825      F                        480
        98221799              0              0          10/1/2006               0        7.1825      F                        480
       151505229              0              0          11/1/2006               0        8.1325      F                        360
      8500012033              0              0          10/1/2006               0        5.8575      F                        360
      8500012307              0              0          10/1/2006               0        6.3575      F                        180
      8500012978              0              0          10/1/2006               0        6.2325      F                        360
        97563035              0              0          10/1/2006               0        7.0825      F                        360
        97574875              0              0          10/1/2006               0        6.7325      F                        360
        97579395              0              0          10/1/2006               0        5.7075      F                        360
      8500012622              0              0          10/1/2006               0        6.8575      F                        360
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      8600014196              0              0          11/1/2006               0        6.7325      F                        360
      8600014504              0              0          11/1/2006               0        7.6075      F                        480
      8600014596              0              0          11/1/2006               0        6.9825      F                        360
      8600014951              0              0          11/1/2006               0        6.6075      F                        360



loanid                teaser       pppterm         hrdpppterm         sftpppterm        ppptype
-------------------------------------------------------------------------------------------------------------
        98374671            0              36                 36                 0      Hard Prepay Only
      1310012807            0              36                 36                 0      Hard Prepay Only
      1304007618            0              36                 36                 0      Hard Prepay Only
      1310012684            0              12                 12                 0      Hard Prepay Only
      1325000258            0              12                 12                 0      Hard Prepay Only
        97636476            0               0                  0                 0      No Prepay
      1323001742            0              36                 36                 0      Hard Prepay Only
      1309008902            0              12                 12                 0      Hard Prepay Only
      1328000223            0               0                  0                 0      No Prepay
      1326001175            0              36                 36                 0      Hard Prepay Only
      8500012342            0               0                  0                 0      No Prepay
      1105115291            0              36                 36                 0      Hard Prepay Only
      8500012647            0               0                  0                 0      No Prepay
      1115103480            0              36                 36                 0      Hard Prepay Only
      8500012304            0              12                 12                 0      Hard Prepay Only
      1311005071            0              60                 12                48      Hard/Soft Prepay
      8600013697            0              36                 36                 0      Hard Prepay Only
      1701123359            0              36                 36                 0      Hard Prepay Only
      8500012451            0              12                 12                 0      Hard Prepay Only
      1105115219            0               0                  0                 0      No Prepay
        98392038            0              36                 36                 0      Hard Prepay Only
        98321755            0              36                 36                 0      Hard Prepay Only
        99479271            0              36                 36                 0      Hard Prepay Only
        98394075            0               0                  0                 0      No Prepay
        99479792            0              36                 36                 0      Hard Prepay Only
        97497192            0              36                 36                 0      Hard Prepay Only
        98103153            0              12                 12                 0      Hard Prepay Only
        97839393            0              12                 12                 0      Hard Prepay Only
        98182033            0              36                 36                 0      Hard Prepay Only
       151539681            0               0                  0                 0      No Prepay
      1707101305            0              36                 36                 0      Hard Prepay Only
       151869542            0              12                 12                 0      Hard Prepay Only
        98876196            0              36                 36                 0      Hard Prepay Only
        98394752            0              36                 36                 0      Hard Prepay Only
        99422990            0              36                 36                 0      Hard Prepay Only
        99034555            0               0                  0                 0      No Prepay
        98394950            0              36                 36                 0      Hard Prepay Only
        98288590            0               0                  0                 0      No Prepay
      1701123087            0              36                 36                 0      Hard Prepay Only
      1701123130            0               0                  0                 0      No Prepay
        98349277            0              36                 36                 0      Hard Prepay Only
       151247483            0              36                 36                 0      Hard Prepay Only
        97845234            0              12                 12                 0      Hard Prepay Only
        85923779            0               0                  0                 0      No Prepay
        98259831            0               0                  0                 0      No Prepay
        97474951            0              36                 36                 0      Hard Prepay Only
        98838311            0              36                 36                 0      Hard Prepay Only
       151406246            0              36                 36                 0      Hard Prepay Only
      1310012528            0              36                 36                 0      Hard Prepay Only
      1301002110            0              24                 24                 0      Hard Prepay Only
      8500012636            0               0                  0                 0      No Prepay
      1701122953            0              36                 36                 0      Hard Prepay Only
        97878276            0              36                 36                 0      Hard Prepay Only
      8500012618            0               0                  0                 0      No Prepay
      8500012436            0              36                 36                 0      Hard Prepay Only
      1901025753            0               0                  0                 0      No Prepay
      1311004987            0              36                 36                 0      Hard Prepay Only
      1105114884            0              36                 36                 0      Hard Prepay Only
      1707101357            0              36                 36                 0      Hard Prepay Only
      8500012971            0               0                  0                 0      No Prepay
      1105115063            0              36                 36                 0      Hard Prepay Only
        97214118            0              36                 36                 0      Hard Prepay Only
        97851034            0              36                 36                 0      Hard Prepay Only
        99038390            0              36                 36                 0      Hard Prepay Only
        99487399            0              24                 24                 0      Hard Prepay Only
      1701123306            0               0                  0                 0      No Prepay
      1115103457            0              36                 36                 0      Hard Prepay Only
      1105115086            0              36                 36                 0      Hard Prepay Only
      1707101130            0               0                  0                 0      No Prepay
      8500012441            0              12                 12                 0      Hard Prepay Only
        99636557            0              36                 36                 0      Hard Prepay Only
        99650798            0              36                 36                 0      Hard Prepay Only
        99680837            0              36                 36                 0      Hard Prepay Only
        99635997            0              36                 36                 0      Hard Prepay Only
        99646879            0              36                 36                 0      Hard Prepay Only
        99735755            0              36                 36                 0      Hard Prepay Only
      1701123475            0               0                  0                 0      No Prepay
       151664224            0               0                  0                 0      No Prepay
       151671625            0               0                  0                 0      No Prepay
       150216067            0              36                 36                 0      Hard Prepay Only
        97834113            0               0                  0                 0      No Prepay
        99488439            0              36                 36                 0      Hard Prepay Only
      1101003525            0               0                  0                 0      No Prepay
      1102001734            0               0                  0                 0      No Prepay
      1105115180            0               0                  0                 0      No Prepay
        99480394            0              36                 36                 0      Hard Prepay Only
       151765823            0              36                 36                 0      Hard Prepay Only
        98886351            0               0                  0                 0      No Prepay
        99036634            0              36                 36                 0      Hard Prepay Only
      1115103373            0               0                  0                 0      No Prepay
        99561474            0               0                  0                 0      No Prepay
        99578593            0               0                  0                 0      No Prepay
       151691326            0              36                 36                 0      Hard Prepay Only
        99586356            0              36                 36                 0      Hard Prepay Only
        99608275            0              36                 36                 0      Hard Prepay Only
        99571838            0               0                  0                 0      No Prepay
        98713274            0              36                 36                 0      Hard Prepay Only
        97920474            0              36                 36                 0      Hard Prepay Only
        99308033            0              36                 36                 0      Hard Prepay Only
        98450711            0              36                 36                 0      Hard Prepay Only
      1105115199            0               0                  0                 0      No Prepay
      1105115213            0               0                  0                 0      No Prepay
      1105115241            0               0                  0                 0      No Prepay
      1105115284            0              36                 36                 0      Hard Prepay Only
      1105115415            0               0                  0                 0      No Prepay
      8500012055            0              36                  0                36      Soft Prepay Only
      8500012187            0               0                  0                 0      No Prepay
      8500012632            0               0                  0                 0      No Prepay
      8500012294            0               0                  0                 0      No Prepay
      8500012445            0              12                 12                 0      Hard Prepay Only
        98224074            0              12                 12                 0      Hard Prepay Only
        99506792            0              36                 36                 0      Hard Prepay Only
        98511751            0              36                 36                 0      Hard Prepay Only
       151733706            0              36                 36                 0      Hard Prepay Only
      8500012790            0               0                  0                 0      No Prepay
        98301799            0              36                 36                 0      Hard Prepay Only
        97954911            0              36                 36                 0      Hard Prepay Only
        96976675            0              36                 36                 0      Hard Prepay Only
        97956155            0              36                 36                 0      Hard Prepay Only
       151631686            0              36                 36                 0      Hard Prepay Only
      8500012279            0               0                  0                 0      No Prepay
        97837116            0              36                 36                 0      Hard Prepay Only
        99431272            0              36                 36                 0      Hard Prepay Only
       140847922            0              36                 36                 0      Hard Prepay Only
        98983190            0              36                 36                 0      Hard Prepay Only
      8500012793            0               0                  0                 0      No Prepay
      8500012646            0               0                  0                 0      No Prepay
      1105115068            0               0                  0                 0      No Prepay
      1105115312            0               0                  0                 0      No Prepay
      8500012802            0              36                  0                36      Soft Prepay Only
        86081932            0               0                  0                 0      No Prepay
        98404197            0              36                 36                 0      Hard Prepay Only
      1105115188            0              36                 36                 0      Hard Prepay Only
        98144876            0              36                 36                 0      Hard Prepay Only
        97953194            0              36                 36                 0      Hard Prepay Only
      8500012666            0               0                  0                 0      No Prepay
      8500012332            0              12                 12                 0      Hard Prepay Only
      1315003373            0              12                 12                 0      Hard Prepay Only
      1311004982            0              36                 36                 0      Hard Prepay Only
      1323001600            0              12                 12                 0      Hard Prepay Only
      1323001754            0              12                 12                 0      Hard Prepay Only
      1310012740            0              36                 36                 0      Hard Prepay Only
        98805237            0               0                  0                 0      No Prepay
        99021875            0              12                 12                 0      Hard Prepay Only
        99003279            0              36                 36                 0      Hard Prepay Only
        98147150            0              12                 12                 0      Hard Prepay Only
        98149198            0              12                 12                 0      Hard Prepay Only
        96496195            0              12                 12                 0      Hard Prepay Only
        97826036            0              24                 24                 0      Hard Prepay Only
        97827158            0              36                 36                 0      Hard Prepay Only
        98776719            0              36                 36                 0      Hard Prepay Only
        99252835            0              12                 12                 0      Hard Prepay Only
        98209752            0              12                 12                 0      Hard Prepay Only
        97882476            0               0                  0                 0      No Prepay
        98221799            0              36                 36                 0      Hard Prepay Only
       151505229            0               0                  0                 0      No Prepay
      8500012033            0               0                  0                 0      No Prepay
      8500012307            0               0                  0                 0      No Prepay
      8500012978            0               6                  6                 0      Hard Prepay Only
        97563035            0               0                  0                 0      No Prepay
        97574875            0               0                  0                 0      No Prepay
        97579395            0              36                 36                 0      Hard Prepay Only
      8500012622            0               0                  0                 0      No Prepay
      8500012437            0              12                 12                 0      Hard Prepay Only
      8500012750            0               6                  6                 0      Hard Prepay Only
      8500012051            0               0                  0                 0      No Prepay
      1706102300            0              36                 36                 0      Hard Prepay Only
      1701123470            0               0                  0                 0      No Prepay
      1701123405            0               0                  0                 0      No Prepay
      8500012803            0               0                  0                 0      No Prepay
      1310012601            0              36                 36                 0      Hard Prepay Only
      1310012697            0              36                 36                 0      Hard Prepay Only
      1309008828            0              36                 36                 0      Hard Prepay Only
        98711070            0              36                 36                 0      Hard Prepay Only
        98122799            0              36                 36                 0      Hard Prepay Only
        97597918            0              36                 36                 0      Hard Prepay Only
        85913895            0               0                  0                 0      No Prepay
        99238230            0              36                 36                 0      Hard Prepay Only
      8600013771            0              36                 36                 0      Hard Prepay Only
      1706102249            0               0                  0                 0      No Prepay
        97908073            0               0                  0                 0      No Prepay
        98345432            0              36                 36                 0      Hard Prepay Only
        98350275            0              36                 36                 0      Hard Prepay Only
        98790637            0              36                 36                 0      Hard Prepay Only
        99408155            0              36                 36                 0      Hard Prepay Only
        98856511            0              12                 12                 0      Hard Prepay Only
        98770795            0              36                 36                 0      Hard Prepay Only
        99245839            0               0                  0                 0      No Prepay
        98995475            0              36                 36                 0      Hard Prepay Only
        97863195            0              36                 36                 0      Hard Prepay Only
        98427156            0              12                 12                 0      Hard Prepay Only
      1309008864            0              36                 36                 0      Hard Prepay Only
      1301002104            0              36                 36                 0      Hard Prepay Only
      8500012781            0               0                  0                 0      No Prepay
        99167470            0              12                 12                 0      Hard Prepay Only
        99173718            0              36                 36                 0      Hard Prepay Only
        98460512            0              36                 36                 0      Hard Prepay Only
        98235153            0              36                 36                 0      Hard Prepay Only
        97569354            0               0                  0                 0      No Prepay
      1705000804            0               0                  0                 0      No Prepay
      8500012435            0              12                 12                 0      Hard Prepay Only
        99661118            0              36                 36                 0      Hard Prepay Only
        99717514            0              36                 36                 0      Hard Prepay Only
        99789471            0               0                  0                 0      No Prepay
      1701123048            0               0                  0                 0      No Prepay
      1701123402            0              36                 36                 0      Hard Prepay Only
        98289234            0              36                 36                 0      Hard Prepay Only
      1105115062            0              12                 12                 0      Hard Prepay Only
      8500012631            0               0                  0                 0      No Prepay
       148761406            0              36                 36                 0      Hard Prepay Only
        99850752            0              36                 36                 0      Hard Prepay Only
       151465804            0              36                 36                 0      Hard Prepay Only
        97577795            0               0                  0                 0      No Prepay
        99599714            0               0                  0                 0      No Prepay
      8500012628            0               0                  0                 0      No Prepay
        97635114            0              12                 12                 0      Hard Prepay Only
        97844435            0               0                  0                 0      No Prepay
        97124630            0              36                 36                 0      Hard Prepay Only
        98580830            0              36                 36                 0      Hard Prepay Only
        86148731            0              36                 36                 0      Hard Prepay Only
        97503874            0              36                 36                 0      Hard Prepay Only
        95833836            0               0                  0                 0      No Prepay
        97555312            0              36                 36                 0      Hard Prepay Only
        98386717            0              36                 36                 0      Hard Prepay Only
        98204076            0              12                 12                 0      Hard Prepay Only
        99309395            0              36                 36                 0      Hard Prepay Only
       149852626            0               0                  0                 0      No Prepay
        99240632            0              36                 36                 0      Hard Prepay Only
      8500012788            0               0                  0                 0      No Prepay
      8500012662            0               0                  0                 0      No Prepay
      8500012328            0              12                 12                 0      Hard Prepay Only
        40622747            0               0                  0                 0      No Prepay
        97399430            0              12                 12                 0      Hard Prepay Only
       151571908            0              12                 12                 0      Hard Prepay Only
        85606770            0              36                 36                 0      Hard Prepay Only
        97293674            0              12                 12                 0      Hard Prepay Only
        97465918            0              36                 36                 0      Hard Prepay Only
        97617757            0              36                 36                 0      Hard Prepay Only
        98086630            0              12                 12                 0      Hard Prepay Only
        98087836            0              12                 12                 0      Hard Prepay Only
        97432314            0               0                  0                 0      No Prepay
        97624795            0              12                 12                 0      Hard Prepay Only
        97625230            0              12                 12                 0      Hard Prepay Only
        97445555            0              36                 36                 0      Hard Prepay Only
        96467196            0              12                 12                 0      Hard Prepay Only
      1105115458            0               0                  0                 0      No Prepay
      1105115466            0               0                  0                 0      No Prepay
      1105115548            0              36                 36                 0      Hard Prepay Only
      1105115550            0               0                  0                 0      No Prepay
        98753437            0              36                 36                 0      Hard Prepay Only
        98810153            0              36                 36                 0      Hard Prepay Only
        85886018            0              36                 36                 0      Hard Prepay Only
        97400956            0               0                  0                 0      No Prepay
        96560677            0               0                  0                 0      No Prepay
        98945710            0               0                  0                 0      No Prepay
        98841273            0               0                  0                 0      No Prepay
       151480282            0              12                 12                 0      Hard Prepay Only
        97858112            0              36                 36                 0      Hard Prepay Only
        98424237            0              12                 12                 0      Hard Prepay Only
      1310012739            0               0                  0                 0      No Prepay
      1115103511            0              36                 36                 0      Hard Prepay Only
      1707100861            0              12                 12                 0      Hard Prepay Only
      8500012053            0               0                  0                 0      No Prepay
      8500012787            0               0                  0                 0      No Prepay
        99617193            0              36                 36                 0      Hard Prepay Only
        99672354            0              36                 36                 0      Hard Prepay Only
        99646150            0               0                  0                 0      No Prepay
       150646446            0               0                  0                 0      No Prepay
        99721037            0              36                 36                 0      Hard Prepay Only
        99705238            0               0                  0                 0      No Prepay
        99853798            0              36                 36                 0      Hard Prepay Only
      1707101109            0               0                  0                 0      No Prepay
       151513264            0              36                 36                 0      Hard Prepay Only
        98516677            0              36                 36                 0      Hard Prepay Only
        97591119            0              36                 36                 0      Hard Prepay Only
        99614836            0               0                  0                 0      No Prepay
        97972236            0              36                 36                 0      Hard Prepay Only
        97912034            0              36                 36                 0      Hard Prepay Only
        97506836            0              36                 36                 0      Hard Prepay Only
        97512479            0              36                 36                 0      Hard Prepay Only
        85656577            0              12                 12                 0      Hard Prepay Only
        98249113            0              12                 12                 0      Hard Prepay Only
        97227037            0              12                 12                 0      Hard Prepay Only
       149774481            0              36                 36                 0      Hard Prepay Only
        97362198            0              36                 36                 0      Hard Prepay Only
       151018728            0              36                 36                 0      Hard Prepay Only
        96954110            0              36                 36                 0      Hard Prepay Only
        85805695            0              12                 12                 0      Hard Prepay Only
        98319437            0               0                  0                 0      No Prepay
      1105115588            0              36                 36                 0      Hard Prepay Only
      1105115604            0              36                 36                 0      Hard Prepay Only
      1105115622            0               0                  0                 0      No Prepay
      1105115634            0               0                  0                 0      No Prepay
      1105115652            0               0                  0                 0      No Prepay
        96958319            0               0                  0                 0      No Prepay
        98290638            0              36                 36                 0      Hard Prepay Only
        99571994            0              36                 36                 0      Hard Prepay Only
      8500012625            0               0                  0                 0      No Prepay
      1707101094            0              36                 36                 0      Hard Prepay Only
      1105115676            0               0                  0                 0      No Prepay
      1111002590            0              12                 12                 0      Hard Prepay Only
      1112000707            0              36                 36                 0      Hard Prepay Only
      1115103465            0               0                  0                 0      No Prepay
      1115103516            0              36                 36                 0      Hard Prepay Only
      8500012656            0               0                  0                 0      No Prepay
      1701122639            0               0                  0                 0      No Prepay
      8500012044            0               0                  0                 0      No Prepay
        40622467            0               0                  0                 0      No Prepay
        85709178            0               0                  0                 0      No Prepay
      1115103624            0              36                 36                 0      Hard Prepay Only
      1115103628            0              36                 36                 0      Hard Prepay Only
      1115103668            0              36                 36                 0      Hard Prepay Only
      1115103671            0              36                 36                 0      Hard Prepay Only
      1115103710            0              36                 36                 0      Hard Prepay Only
        85702777            0              12                 12                 0      Hard Prepay Only
        97459754            0              12                 12                 0      Hard Prepay Only
        97459796            0              12                 12                 0      Hard Prepay Only
        98545833            0              36                 36                 0      Hard Prepay Only
        97293476            0              12                 12                 0      Hard Prepay Only
      1115103729            0               0                  0                 0      No Prepay
      1115103734            0              36                 36                 0      Hard Prepay Only
        96679113            0              36                 36                 0      Hard Prepay Only
      8500012448            0              12                 12                 0      Hard Prepay Only
      1323001740            0              12                 12                 0      Hard Prepay Only
        96981352            0              36                 36                 0      Hard Prepay Only
        97513915            0              36                 36                 0      Hard Prepay Only
        96933478            0               0                  0                 0      No Prepay
        97467955            0              24                 24                 0      Hard Prepay Only
        97620033            0              36                 36                 0      Hard Prepay Only
        96990916            0              36                 36                 0      Hard Prepay Only
        97743439            0              36                 36                 0      Hard Prepay Only
        97523070            0              12                 12                 0      Hard Prepay Only
        97691034            0               0                  0                 0      No Prepay
        97137111            0              36                 36                 0      Hard Prepay Only
        96462510            0              36                 36                 0      Hard Prepay Only
        97487276            0              36                 36                 0      Hard Prepay Only
        97487755            0              36                 36                 0      Hard Prepay Only
       149224503            0               0                  0                 0      No Prepay
        97531750            0               0                  0                 0      No Prepay
      8500012982            0              36                 12                24      Hard/Soft Prepay
        98197551            0              36                 36                 0      Hard Prepay Only
       150469104            0              36                 36                 0      Hard Prepay Only
        98502115            0              12                 12                 0      Hard Prepay Only
        99451114            0              36                 36                 0      Hard Prepay Only
        97527436            0               0                  0                 0      No Prepay
      1124001291            0               0                  0                 0      No Prepay
        40629629            0               0                  0                 0      No Prepay
      1301002085            0              24                 12                12      Hard/Soft Prepay
        85916815            0               0                  0                 0      No Prepay
        98536279            0              24                 24                 0      Hard Prepay Only
        86124575            0              36                 36                 0      Hard Prepay Only
        98647639            0              36                 36                 0      Hard Prepay Only
        97307953            0              36                 36                 0      Hard Prepay Only
        98254311            0              36                 36                 0      Hard Prepay Only
        97495634            0              24                 24                 0      Hard Prepay Only
      1105115551            0              36                 36                 0      Hard Prepay Only
      1105115637            0              36                 36                 0      Hard Prepay Only
      1105115747            0               0                  0                 0      No Prepay
      1105115836            0              36                 36                 0      Hard Prepay Only
        98572993            0              36                 36                 0      Hard Prepay Only
        98681356            0               0                  0                 0      No Prepay
        98576473            0              36                 36                 0      Hard Prepay Only
      1701122538            0              36                  6                30      Hard/Soft Prepay
      8500012446            0              36                 36                 0      Hard Prepay Only
      1115103477            0              36                 36                 0      Hard Prepay Only
      1115103594            0              36                 36                 0      Hard Prepay Only
      1115103746            0              36                 36                 0      Hard Prepay Only
      1115103770            0              36                 36                 0      Hard Prepay Only
      1120100309            0               0                  0                 0      No Prepay
        98718877            0              36                 36                 0      Hard Prepay Only
        97166995            0              12                 12                 0      Hard Prepay Only
        98480510            0               0                  0                 0      No Prepay
        99464075            0              12                 12                 0      Hard Prepay Only
        98863392            0              36                 36                 0      Hard Prepay Only
      1122000176            0               0                  0                 0      No Prepay
      1125100109            0               0                  0                 0      No Prepay
      1125100163            0               0                  0                 0      No Prepay
      1125100167            0              36                 36                 0      Hard Prepay Only
      1125100170            0               0                  0                 0      No Prepay
        97418156            0               0                  0                 0      No Prepay
        98648751            0              36                 36                 0      Hard Prepay Only
        97681118            0              36                 36                 0      Hard Prepay Only
        97687511            0               0                  0                 0      No Prepay
        97479711            0              36                 36                 0      Hard Prepay Only
      1125100179            0               0                  0                 0      No Prepay
      1301002168            0              24                 24                 0      Hard Prepay Only
        98470792            0               0                  0                 0      No Prepay
       150896801            0               0                  0                 0      No Prepay
        98786155            0               0                  0                 0      No Prepay
        97347231            0               0                  0                 0      No Prepay
        96943030            0              36                 36                 0      Hard Prepay Only
        98311756            0              12                 12                 0      Hard Prepay Only
        97081756            0              36                 36                 0      Hard Prepay Only
       150962389            0               0                  0                 0      No Prepay
      8500012050            0              36                  0                36      Soft Prepay Only
      1701123447            0               0                  0                 0      No Prepay
      1706102338            0               0                  0                 0      No Prepay
      1105115044            0              36                 36                 0      Hard Prepay Only
        98186398            0              12                 12                 0      Hard Prepay Only
      1105115416            0               0                  0                 0      No Prepay
      1105115464            0              36                 36                 0      Hard Prepay Only
      1105115473            0              36                 36                 0      Hard Prepay Only
      1105115574            0               0                  0                 0      No Prepay
      1105115647            0               0                  0                 0      No Prepay
        98092596            0               0                  0                 0      No Prepay
      1901025643            0              12                 12                 0      Hard Prepay Only
      8600013747            0              36                 36                 0      Hard Prepay Only
      8500012660            0               0                  0                 0      No Prepay
      1125100071            0              36                 36                 0      Hard Prepay Only
      1105115671            0               0                  0                 0      No Prepay
      1105115799            0              36                 36                 0      Hard Prepay Only
      1105115991            0              36                 36                 0      Hard Prepay Only
      1105115996            0               0                  0                 0      No Prepay
      1106000823            0               0                  0                 0      No Prepay
      1701123321            0              36                 36                 0      Hard Prepay Only
      8500012043            0              36                  0                36      Soft Prepay Only
        97877153            0              36                 36                 0      Hard Prepay Only
        98948672            0              36                 36                 0      Hard Prepay Only
        98536238            0              24                 24                 0      Hard Prepay Only
      1115103191            0              36                 36                 0      Hard Prepay Only
      1115103552            0              36                 36                 0      Hard Prepay Only
      1115103605            0              12                 12                 0      Hard Prepay Only
      1115103617            0               0                  0                 0      No Prepay
      1120100306            0               0                  0                 0      No Prepay
        99390312            0              36                 36                 0      Hard Prepay Only
        98570070            0              36                 36                 0      Hard Prepay Only
       100052711            0              24                 24                 0      Hard Prepay Only
      8500012639            0               0                  0                 0      No Prepay
        98052954            0              36                 36                 0      Hard Prepay Only
      1301002142            0              36                 36                 0      Hard Prepay Only
      1301002163            0              24                 12                12      Hard/Soft Prepay
      1304007637            0              36                 36                 0      Hard Prepay Only
      1304007756            0              36                 36                 0      Hard Prepay Only
      1308004546            0              24                 24                 0      Hard Prepay Only
        98959877            0              36                 36                 0      Hard Prepay Only
        97721039            0              36                 36                 0      Hard Prepay Only
        98063951            0              36                 36                 0      Hard Prepay Only
        97931471            0              12                 12                 0      Hard Prepay Only
        97933915            0               0                  0                 0      No Prepay
      1310012856            0              36                 36                 0      Hard Prepay Only
      1310012885            0              12                 12                 0      Hard Prepay Only
      1312004557            0               0                  0                 0      No Prepay
      1315003340            0              60                 54                 6      Hard/Soft Prepay
      1323001812            0              36                 36                 0      Hard Prepay Only
        97253074            0              36                 36                 0      Hard Prepay Only
       151563442            0              36                 36                 0      Hard Prepay Only
        96865274            0               0                  0                 0      No Prepay
        99598799            0              36                 36                 0      Hard Prepay Only
        99148876            0              36                 36                 0      Hard Prepay Only
      1323001825            0              12                 12                 0      Hard Prepay Only
      1323001832            0              36                 36                 0      Hard Prepay Only
      1323001853            0              12                 12                 0      Hard Prepay Only
      1326001198            0              36                 36                 0      Hard Prepay Only
      1326001218            0              36                 36                 0      Hard Prepay Only
        97788632            0               0                  0                 0      No Prepay
        98812597            0               0                  0                 0      No Prepay
       150712404            0               0                  0                 0      No Prepay
       149127102            0              36                 36                 0      Hard Prepay Only
        40620979            0               0                  0                 0      No Prepay
      1326001225            0              36                 36                 0      Hard Prepay Only
      1701123444            0              36                 36                 0      Hard Prepay Only
      1701123702            0              36                 36                 0      Hard Prepay Only
      1701123708            0              36                 36                 0      Hard Prepay Only
      1701123742            0               0                  0                 0      No Prepay
        40610650            0               0                  0                 0      No Prepay
        40607401            0               0                  0                 0      No Prepay
        40597050            0               0                  0                 0      No Prepay
        97945794            0              36                 36                 0      Hard Prepay Only
      8500012447            0              12                 12                 0      Hard Prepay Only
      1701123748            0               0                  0                 0      No Prepay
      1701123784            0               0                  0                 0      No Prepay
      1701123855            0              36                 36                 0      Hard Prepay Only
      1701123886            0              36                 36                 0      Hard Prepay Only
      1701124049            0              36                 36                 0      Hard Prepay Only
      8500012794            0               0                  0                 0      No Prepay
      1701123439            0               0                  0                 0      No Prepay
      1701123319            0               0                  0                 0      No Prepay
      8500012642            0               0                  0                 0      No Prepay
      1701123282            0              36                 36                 0      Hard Prepay Only
      1701124088            0              36                 36                 0      Hard Prepay Only
      1701124102            0               0                  0                 0      No Prepay
      1701124122            0               0                  0                 0      No Prepay
        98785470            0               0                  0                 0      No Prepay
        98824675            0              36                 36                 0      Hard Prepay Only
      1105115173            0              12                 12                 0      Hard Prepay Only
      8500012792            0               0                  0                 0      No Prepay
      8500012791            0               0                  0                 0      No Prepay
      8500012640            0               0                  0                 0      No Prepay
      8500012442            0              36                 36                 0      Hard Prepay Only
        98467392            0              36                 36                 0      Hard Prepay Only
      8500012303            0              12                 12                 0      Hard Prepay Only
      1701123406            0               0                  0                 0      No Prepay
      1330000119            0              12                 12                 0      Hard Prepay Only
      1310012748            0              12                 12                 0      Hard Prepay Only
      8500012634            0               0                  0                 0      No Prepay
      8500012786            0               0                  0                 0      No Prepay
        99297392            0              36                 36                 0      Hard Prepay Only
       151898400            0              36                 36                 0      Hard Prepay Only
       151506763            0               0                  0                 0      No Prepay
      8500012661            0               0                  0                 0      No Prepay
        98187834            0               0                  0                 0      No Prepay
        99007437            0              12                 12                 0      Hard Prepay Only
        99399990            0              36                 36                 0      Hard Prepay Only
        99400111            0              36                 36                 0      Hard Prepay Only
        99195836            0               0                  0                 0      No Prepay
        98351356            0              24                 24                 0      Hard Prepay Only
        99265159            0              36                 36                 0      Hard Prepay Only
      1309008788            0              36                 36                 0      Hard Prepay Only
      1309008500            0              36                 36                 0      Hard Prepay Only
        98629439            0              36                 36                 0      Hard Prepay Only
       151728482            0              36                 36                 0      Hard Prepay Only
        98692395            0               0                  0                 0      No Prepay
        99070799            0               0                  0                 0      No Prepay
        97700595            0              36                 36                 0      Hard Prepay Only
      1310012798            0              12                 12                 0      Hard Prepay Only
      1304007674            0              36                 36                 0      Hard Prepay Only
      1101003571            0              12                 12                 0      Hard Prepay Only
      8500012449            0              36                 36                 0      Hard Prepay Only
      8500012980            0               6                  6                 0      Hard Prepay Only
        40625808            0               0                  0                 0      No Prepay
        40630156            0               0                  0                 0      No Prepay
        40622730            0               0                  0                 0      No Prepay
      1315003175            0              36                 36                 0      Hard Prepay Only
        86026895            0              36                 36                 0      Hard Prepay Only
      8500012327            0               0                  0                 0      No Prepay
      1701123279            0               0                  0                 0      No Prepay
      8600013653            0               0                  0                 0      No Prepay
      8500012657            0               0                  0                 0      No Prepay
      8500012318            0               0                  0                 0      No Prepay
        97469399            0              36                 36                 0      Hard Prepay Only
        98658552            0              36                 36                 0      Hard Prepay Only
        99392797            0              12                 12                 0      Hard Prepay Only
        98577232            0              36                 36                 0      Hard Prepay Only
      8500012192            0               0                  0                 0      No Prepay
      8500012652            0              36                 36                 0      Hard Prepay Only
      8500012034            0               0                  0                 0      No Prepay
      8500012653            0              12                  0                12      Soft Prepay Only
      1707101312            0               0                  0                 0      No Prepay
      8500012626            0              12                 12                 0      Hard Prepay Only
      1105115277            0               0                  0                 0      No Prepay
        97977755            0              36                 36                 0      Hard Prepay Only
        96907951            0              12                 12                 0      Hard Prepay Only
        97725998            0              36                 36                 0      Hard Prepay Only
        96652912            0               0                  0                 0      No Prepay
      8500012783            0               0                  0                 0      No Prepay
        99240996            0               0                  0                 0      No Prepay
      1310012829            0              36                 36                 0      Hard Prepay Only
      1310012864            0              12                 12                 0      Hard Prepay Only
      1311004937            0              36                 36                 0      Hard Prepay Only
       149411506            0              12                 12                 0      Hard Prepay Only
        97938674            0              36                 36                 0      Hard Prepay Only
        97380356            0              36                 36                 0      Hard Prepay Only
        97781959            0               0                  0                 0      No Prepay
        99095630            0              36                 36                 0      Hard Prepay Only
      1311005021            0              36                 36                 0      Hard Prepay Only
      1312004583            0               0                  0                 0      No Prepay
      1313003772            0              12                 12                 0      Hard Prepay Only
      1316002038            0               0                  0                 0      No Prepay
      1326001193            0              36                 36                 0      Hard Prepay Only
        97093470            0              36                 36                 0      Hard Prepay Only
        98814031            0              36                 36                 0      Hard Prepay Only
        99469876            0              36                 36                 0      Hard Prepay Only
       150913085            0              36                 36                 0      Hard Prepay Only
        95957353            0              36                 36                 0      Hard Prepay Only
      1326001207            0              36                 36                 0      Hard Prepay Only
      1326001231            0              12                 12                 0      Hard Prepay Only
      1326001246            0              36                 30                 6      Hard/Soft Prepay
      1701122907            0              36                 36                 0      Hard Prepay Only
      1701123421            0               0                  0                 0      No Prepay
       150276004            0              12                 12                 0      Hard Prepay Only
       150128148            0              36                 36                 0      Hard Prepay Only
       148084841            0               0                  0                 0      No Prepay
        40604446            0               0                  0                 0      No Prepay
        40627423            0               0                  0                 0      No Prepay
      1701123555            0              36                 36                 0      Hard Prepay Only
      1701123643            0              36                 36                 0      Hard Prepay Only
      1701123688            0              36                 36                 0      Hard Prepay Only
      1701123707            0              36                 36                 0      Hard Prepay Only
      1701123719            0              36                 36                 0      Hard Prepay Only
        40601006            0               0                  0                 0      No Prepay
        40621825            0               0                  0                 0      No Prepay
        97946438            0              36                 36                 0      Hard Prepay Only
      8500012065            0              36                  0                36      Soft Prepay Only
      8500012651            0               0                  0                 0      No Prepay
      1701123736            0              36                 36                 0      Hard Prepay Only
      1701123838            0               0                  0                 0      No Prepay
      1701123889            0               0                  0                 0      No Prepay
      1701123982            0              36                 36                 0      Hard Prepay Only
      1701124113            0              36                 36                 0      Hard Prepay Only
      1701123620            0               0                  0                 0      No Prepay
      1701123298            0               0                  0                 0      No Prepay
      8500012305            0              12                 12                 0      Hard Prepay Only
      8500012064            0              36                  0                36      Soft Prepay Only
      8500012059            0               0                  0                 0      No Prepay
      1701124131            0              36                 36                 0      Hard Prepay Only
      1701124197            0              36                 36                 0      Hard Prepay Only
      1701124265            0              36                 30                 6      Hard/Soft Prepay
      1701124273            0              36                 36                 0      Hard Prepay Only
      1701124310            0              36                 36                 0      Hard Prepay Only
        99299034            0              36                 36                 0      Hard Prepay Only
        98200637            0              12                 12                 0      Hard Prepay Only
        99189391            0               0                  0                 0      No Prepay
      1310012691            0              12                 12                 0      Hard Prepay Only
      1701124337            0              36                 36                 0      Hard Prepay Only
      1705000809            0               0                  0                 0      No Prepay
      1706102354            0               0                  0                 0      No Prepay
      1706102393            0              36                 36                 0      Hard Prepay Only
      1706102490            0              36                 36                 0      Hard Prepay Only
      1309008865            0              36                 36                 0      Hard Prepay Only
      1309008916            0              36                 36                 0      Hard Prepay Only
      1326001125            0              36                 36                 0      Hard Prepay Only
      1309008855            0              36                 36                 0      Hard Prepay Only
      8500012800            0               0                  0                 0      No Prepay
      1706102542            0               0                  0                 0      No Prepay
      1707101361            0              36                 36                 0      Hard Prepay Only
      1707101374            0              36                 36                 0      Hard Prepay Only
      1707101404            0               0                  0                 0      No Prepay
      1707101458            0               0                  0                 0      No Prepay
      8500012038            0               0                  0                 0      No Prepay
      1706102251            0              36                 36                 0      Hard Prepay Only
      8500012753            0               6                  6                 0      Hard Prepay Only
      8500012797            0               0                  0                 0      No Prepay
      8500012798            0               0                  0                 0      No Prepay
      1707101549            0               0                  0                 0      No Prepay
      1707101692            0              36                 36                 0      Hard Prepay Only
      1707101773            0              36                 36                 0      Hard Prepay Only
      1707101814            0              36                 36                 0      Hard Prepay Only
      1707101867            0               0                  0                 0      No Prepay
      8500012036            0               0                  0                 0      No Prepay
      8500012438            0              36                 36                 0      Hard Prepay Only
      1105115097            0               0                  0                 0      No Prepay
       141021824            0              36                 36                 0      Hard Prepay Only
        98291917            0              36                 36                 0      Hard Prepay Only
      8500012694            0               0                  0                 0      No Prepay
      8500012758            0              36                 36                 0      Hard Prepay Only
      8500012764            0               0                  0                 0      No Prepay
      8500012771            0              24                 24                 0      Hard Prepay Only
      8500012772            0              36                 36                 0      Hard Prepay Only
      1701124124            0               0                  0                 0      No Prepay
      1701124139            0               0                  0                 0      No Prepay
      1701124143            0              36                 36                 0      Hard Prepay Only
      1701124404            0              36                 36                 0      Hard Prepay Only
      1706102343            0              12                 12                 0      Hard Prepay Only
      8500012806            0              36                  0                36      Soft Prepay Only
      8500012823            0               0                  0                 0      No Prepay
      8500012851            0               0                  0                 0      No Prepay
      8500012892            0               0                  0                 0      No Prepay
      8500012895            0               0                  0                 0      No Prepay
      1706102418            0              36                 36                 0      Hard Prepay Only
      1706102479            0               0                  0                 0      No Prepay
      1706102497            0              12                 12                 0      Hard Prepay Only
      1706102519            0              36                 36                 0      Hard Prepay Only
      1707101285            0              36                 36                 0      Hard Prepay Only
      8500012904            0              12                 12                 0      Hard Prepay Only
      8500012906            0              36                 36                 0      Hard Prepay Only
      8500012907            0              12                 12                 0      Hard Prepay Only
      8500012909            0               0                  0                 0      No Prepay
      8500012914            0              12                 12                 0      Hard Prepay Only
      1707101373            0              36                 36                 0      Hard Prepay Only
      1707101555            0               0                  0                 0      No Prepay
      1707101636            0               0                  0                 0      No Prepay
      1707101781            0               0                  0                 0      No Prepay
      1707101788            0               0                  0                 0      No Prepay
      8500012918            0              12                 12                 0      Hard Prepay Only
      8500012931            0              12                 12                 0      Hard Prepay Only
      8500012933            0              12                 12                 0      Hard Prepay Only
      8500012936            0              12                 12                 0      Hard Prepay Only
      8500012939            0              12                 12                 0      Hard Prepay Only
      1707101804            0              36                 36                 0      Hard Prepay Only
      1901026675            0               0                  0                 0      No Prepay
      8500012761            0              36                 36                 0      Hard Prepay Only
      8500012776            0              12                 12                 0      Hard Prepay Only
      8500012847            0               0                  0                 0      No Prepay
      8500012940            0              36                 36                 0      Hard Prepay Only
      8500012946            0              24                 24                 0      Hard Prepay Only
      8500012954            0              12                 12                 0      Hard Prepay Only
      8500012966            0               0                  0                 0      No Prepay
      8500012986            0              36                  0                36      Soft Prepay Only
      8500012916            0              12                 12                 0      Hard Prepay Only
      8500012920            0              12                 12                 0      Hard Prepay Only
      8500012928            0              12                 12                 0      Hard Prepay Only
      8500012932            0              12                 12                 0      Hard Prepay Only
      8500012935            0              12                 12                 0      Hard Prepay Only
      8500012996            0              36                  0                36      Soft Prepay Only
      8500012998            0              36                  0                36      Soft Prepay Only
      8500013005            0              36                  0                36      Soft Prepay Only
      8500013008            0              36                  0                36      Soft Prepay Only
      8500013011            0              36                  0                36      Soft Prepay Only
      8500012957            0              12                 12                 0      Hard Prepay Only
      8500012959            0              12                 12                 0      Hard Prepay Only
      8500012960            0               0                  0                 0      No Prepay
      8500012967            0              12                 12                 0      Hard Prepay Only
      8500012997            0              36                  0                36      Soft Prepay Only
      8500013014            0              36                  0                36      Soft Prepay Only
      8500013021            0              36                  0                36      Soft Prepay Only
      8500013029            0               0                  0                 0      No Prepay
      8500013037            0              36                  0                36      Soft Prepay Only
      8500013047            0              36                  0                36      Soft Prepay Only
      8500013125            0              36                 12                24      Hard/Soft Prepay
      8500013127            0               0                  0                 0      No Prepay
      8500013130            0               0                  0                 0      No Prepay
      8500013131            0              36                 12                24      Hard/Soft Prepay
      8500013136            0               0                  0                 0      No Prepay
      8500013001            0              36                  0                36      Soft Prepay Only
      8500013009            0              36                  0                36      Soft Prepay Only
      8500013015            0              36                  0                36      Soft Prepay Only
      8500013018            0              36                  0                36      Soft Prepay Only
      8500013026            0              36                  0                36      Soft Prepay Only
      8500013138            0              36                 12                24      Hard/Soft Prepay
      8500013141            0               0                  0                 0      No Prepay
      8500013150            0              36                 12                24      Hard/Soft Prepay
      8500013152            0              36                 12                24      Hard/Soft Prepay
      8500013158            0              36                 12                24      Hard/Soft Prepay
      8500013054            0              12                 12                 0      Hard Prepay Only
      8500013059            0              36                  0                36      Soft Prepay Only
      8500013126            0              36                 12                24      Hard/Soft Prepay
      8500013132            0              36                 12                24      Hard/Soft Prepay
      8500013134            0              36                 12                24      Hard/Soft Prepay
      8500013169            0              36                 12                24      Hard/Soft Prepay
      8500013224            0              12                 12                 0      Hard Prepay Only
      8500013225            0              36                  0                36      Soft Prepay Only
      8500013231            0              12                 12                 0      Hard Prepay Only
      8500013252            0               0                  0                 0      No Prepay
      8500013140            0              36                 12                24      Hard/Soft Prepay
      8500013147            0               0                  0                 0      No Prepay
      8500013151            0              36                 12                24      Hard/Soft Prepay
      8500013160            0               0                  0                 0      No Prepay
      8500013164            0               0                  0                 0      No Prepay
      8500013269            0              12                 12                 0      Hard Prepay Only
      8500013274            0              36                 36                 0      Hard Prepay Only
      8500013281            0              12                 12                 0      Hard Prepay Only
      8500013296            0              36                 36                 0      Hard Prepay Only
      8500013299            0              36                 36                 0      Hard Prepay Only
      8500013166            0              36                 12                24      Hard/Soft Prepay
      8500013171            0               0                  0                 0      No Prepay
      8500013181            0              36                  0                36      Soft Prepay Only
      8500013189            0              36                  0                36      Soft Prepay Only
      8500013190            0              12                 12                 0      Hard Prepay Only
      8500013303            0              36                 36                 0      Hard Prepay Only
      8500013309            0               0                  0                 0      No Prepay
      8500013546            0              12                 12                 0      Hard Prepay Only
      8500013624            0              36                  0                36      Soft Prepay Only
      8500013630            0              36                  0                36      Soft Prepay Only
      8500013198            0              36                  0                36      Soft Prepay Only
      8500013202            0              12                 12                 0      Hard Prepay Only
      8500013232            0              36                 36                 0      Hard Prepay Only
      8500013236            0               0                  0                 0      No Prepay
      8500013259            0              36                 36                 0      Hard Prepay Only
      8500013640            0               0                  0                 0      No Prepay
      8500013647            0               0                  0                 0      No Prepay
      8600012901            0              36                 36                 0      Hard Prepay Only
      8600014025            0              36                 36                 0      Hard Prepay Only
      8600014228            0              36                 36                 0      Hard Prepay Only
      8500013263            0               0                  0                 0      No Prepay
      8500013270            0              36                 36                 0      Hard Prepay Only
      8500013277            0              36                 36                 0      Hard Prepay Only
      8500013292            0              12                 12                 0      Hard Prepay Only
      8500013301            0              36                  0                36      Soft Prepay Only
      8500013312            0               0                  0                 0      No Prepay
      8500013541            0              12                 12                 0      Hard Prepay Only
      8500013635            0               0                  0                 0      No Prepay
      8500013639            0               0                  0                 0      No Prepay
      8500013644            0               0                  0                 0      No Prepay
      8500013649            0               0                  0                 0      No Prepay
      8500013651            0               0                  0                 0      No Prepay
      8600013688            0              36                 36                 0      Hard Prepay Only
      8600013791            0              12                 12                 0      Hard Prepay Only
      8600013867            0               0                  0                 0      No Prepay
      8600013922            0               0                  0                 0      No Prepay
      8600013929            0               0                  0                 0      No Prepay
      8600013967            0              12                 12                 0      Hard Prepay Only
      8600014004            0              36                 36                 0      Hard Prepay Only
      8600014013            0              36                 36                 0      Hard Prepay Only
        98422991            0              36                 36                 0      Hard Prepay Only
        98423676            0              12                 12                 0      Hard Prepay Only
      1312004483            0              60                  6                54      Hard/Soft Prepay
      1101003523            0               0                  0                 0      No Prepay
      1301002146            0              12                 12                 0      Hard Prepay Only
      8500012340            0               0                  0                 0      No Prepay
      8500012282            0               0                  0                 0      No Prepay
      8500012620            0              12                 12                 0      Hard Prepay Only
      8500012782            0               0                  0                 0      No Prepay
      8500012277            0              12                 12                 0      Hard Prepay Only
      8600013857            0              36                 36                 0      Hard Prepay Only
      8600014519            0               6                  6                 0      Hard Prepay Only
      8600014525            0              36                 36                 0      Hard Prepay Only
      8600014608            0              36                  0                36      Soft Prepay Only
      8600014663            0               7                  7                 0      Hard Prepay Only
      8600014792            0              36                 36                 0      Hard Prepay Only
      8600014096            0               0                  0                 0      No Prepay
      8600014163            0              36                 36                 0      Hard Prepay Only
      8600014312            0               0                  0                 0      No Prepay
      8600014345            0               0                  0                 0      No Prepay
      8600014668            0               0                  0                 0      No Prepay
      8500012777            0              12                 12                 0      Hard Prepay Only
      8500012778            0              36                  0                36      Soft Prepay Only
      8500012616            0               0                  0                 0      No Prepay
        99692477            0               0                  0                 0      No Prepay
        86189057            0              36                 36                 0      Hard Prepay Only
      8500012796            0              36                  0                36      Soft Prepay Only
        99582595            0              12                 12                 0      Hard Prepay Only
        97504872            0              24                 24                 0      Hard Prepay Only
        97914873            0              12                 12                 0      Hard Prepay Only
        97917157            0              36                 36                 0      Hard Prepay Only
        98115439            0              36                 36                 0      Hard Prepay Only
        98117237            0              24                 24                 0      Hard Prepay Only
        98383599            0               0                  0                 0      No Prepay
        98057391            0              36                 36                 0      Hard Prepay Only
        99305674            0              36                 36                 0      Hard Prepay Only
        98459431            0               0                  0                 0      No Prepay
        99534919            0              36                 36                 0      Hard Prepay Only
        98462153            0              36                 36                 0      Hard Prepay Only
        40598854            0               0                  0                 0      No Prepay
      8500012278            0              12                 12                 0      Hard Prepay Only
        97769517            0              36                 36                 0      Hard Prepay Only
        99148918            0              36                 36                 0      Hard Prepay Only
        99469074            0              36                 36                 0      Hard Prepay Only
        98761992            0              12                 12                 0      Hard Prepay Only
       145943866            0              36                 36                 0      Hard Prepay Only
      1706102317            0               0                  0                 0      No Prepay
      8500012309            0              12                 12                 0      Hard Prepay Only
      1707101129            0              36                 36                 0      Hard Prepay Only
      8500012665            0              36                  0                36      Soft Prepay Only
      8500012334            0              12                 12                 0      Hard Prepay Only
      8500012329            0              12                 12                 0      Hard Prepay Only
       151741485            0              36                 36                 0      Hard Prepay Only
        98056872            0              36                 36                 0      Hard Prepay Only
        40601373            0               0                  0                 0      No Prepay
        40616908            0               0                  0                 0      No Prepay
       150518686            0              36                 36                 0      Hard Prepay Only
        96247838            0              12                 12                 0      Hard Prepay Only
        40583338            0               0                  0                 0      No Prepay
        40612656            0               0                  0                 0      No Prepay
        40620038            0               0                  0                 0      No Prepay
        40620436            0               0                  0                 0      No Prepay
        98296916            0              36                 36                 0      Hard Prepay Only
      8500012066            0              36                  0                36      Soft Prepay Only
      8500012650            0              36                  0                36      Soft Prepay Only
      8500012444            0              12                 12                 0      Hard Prepay Only
      8500012285            0              12                 12                 0      Hard Prepay Only
        98433758            0               0                  0                 0      No Prepay
        98196553            0               0                  0                 0      No Prepay
        98438310            0              36                 36                 0      Hard Prepay Only
       151898806            0               0                  0                 0      No Prepay
        98199839            0              36                 36                 0      Hard Prepay Only
        99185076            0              24                 24                 0      Hard Prepay Only
      8500012617            0               0                  0                 0      No Prepay
      1308004605            0              36                 36                 0      Hard Prepay Only
      1901025748            0              12                 12                 0      Hard Prepay Only
      1310012713            0              12                 12                 0      Hard Prepay Only
      1309008892            0              36                 36                 0      Hard Prepay Only
      1311005107            0              36                 36                 0      Hard Prepay Only
      8500012045            0              36                  0                36      Soft Prepay Only
      8500012655            0               0                  0                 0      No Prepay
        97703110            0              12                 12                 0      Hard Prepay Only
      8500012341            0              12                 12                 0      Hard Prepay Only
      1105115142            0               0                  0                 0      No Prepay
      1707101280            0               0                  0                 0      No Prepay
      8500012630            0               0                  0                 0      No Prepay
        99032039            0              12                 12                 0      Hard Prepay Only
        98779317            0              36                 36                 0      Hard Prepay Only
       151758703            0              36                 36                 0      Hard Prepay Only
       151850625            0              36                 36                 0      Hard Prepay Only
        98467111            0               0                  0                 0      No Prepay
      8500012629            0               0                  0                 0      No Prepay
      8600013651            0              12                 12                 0      Hard Prepay Only
      8500012439            0              36                 36                 0      Hard Prepay Only
      8500012633            0               0                  0                 0      No Prepay
      8500012062            0              36                  0                36      Soft Prepay Only
      8500012638            0               0                  0                 0      No Prepay
      1115103486            0              36                 36                 0      Hard Prepay Only
      8500012780            0              12                 12                 0      Hard Prepay Only
      8500012619            0               0                  0                 0      No Prepay
      8600013732            0              12                 12                 0      Hard Prepay Only
      8600013808            0              36                 36                 0      Hard Prepay Only
      1706102332            0              36                 36                 0      Hard Prepay Only
        98016595            0              36                 36                 0      Hard Prepay Only
       151534203            0              36                 36                 0      Hard Prepay Only
       151798584            0              36                 36                 0      Hard Prepay Only
        98301716            0              36                 36                 0      Hard Prepay Only
        98151954            0               0                  0                 0      No Prepay
        99165078            0               0                  0                 0      No Prepay
      1105002004            0              12                 12                 0      Hard Prepay Only
      1105115009            0               0                  0                 0      No Prepay
      1105115209            0               0                  0                 0      No Prepay
      1105115281            0              36                 36                 0      Hard Prepay Only
      1105115299            0               0                  0                 0      No Prepay
        97951073            0              36                 36                 0      Hard Prepay Only
        98001837            0               0                  0                 0      No Prepay
        97393516            0              36                 36                 0      Hard Prepay Only
       151620606            0              12                 12                 0      Hard Prepay Only
      8600013815            0               0                  0                 0      No Prepay
      8500012337            0              12                 12                 0      Hard Prepay Only
      8500012664            0               0                  0                 0      No Prepay
      8500012754            0               6                  6                 0      Hard Prepay Only
      1326001099            0              12                 12                 0      Hard Prepay Only
      1310012379            0              36                 36                 0      Hard Prepay Only
      1901025911            0               0                  0                 0      No Prepay
      1310012736            0              60                 12                48      Hard/Soft Prepay
        99081119            0               0                  0                 0      No Prepay
        98747710            0              36                 36                 0      Hard Prepay Only
        99139917            0              36                 36                 0      Hard Prepay Only
        98580319            0              36                 36                 0      Hard Prepay Only
        98820590            0              36                 36                 0      Hard Prepay Only
        99107435            0              36                 36                 0      Hard Prepay Only
        97775951            0              36                 36                 0      Hard Prepay Only
        99047714            0               0                  0                 0      No Prepay
        98454432            0              36                 36                 0      Hard Prepay Only
        98226756            0              36                 36                 0      Hard Prepay Only
        97893317            0              36                 36                 0      Hard Prepay Only
       151524600            0              12                 12                 0      Hard Prepay Only
        97597116            0               0                  0                 0      No Prepay
      8500012623            0               0                  0                 0      No Prepay
      8500012624            0               0                  0                 0      No Prepay
       151964889            0               0                  0                 0      No Prepay
      8500012785            0               0                  0                 0      No Prepay
      8500012627            0               0                  0                 0      No Prepay
      8500012054            0              36                  0                36      Soft Prepay Only
      1707101025            0              36                 36                 0      Hard Prepay Only
      1701122992            0              36                 36                 0      Hard Prepay Only
      8500012779            0               0                  0                 0      No Prepay
        98889470            0              36                 36                 0      Hard Prepay Only
        99038275            0              36                 36                 0      Hard Prepay Only
      1125100092            0              12                 12                 0      Hard Prepay Only
      1301002087            0               0                  0                 0      No Prepay
      1301002107            0               0                  0                 0      No Prepay
      1304007686            0               0                  0                 0      No Prepay
      1304007721            0               0                  0                 0      No Prepay
      1309008918            0              36                 36                 0      Hard Prepay Only
      1309008926            0              36                 36                 0      Hard Prepay Only
      1309008991            0              36                 36                 0      Hard Prepay Only
      1309008995            0              36                 36                 0      Hard Prepay Only
      1310012789            0              36                 36                 0      Hard Prepay Only
      1311005001            0              12                 12                 0      Hard Prepay Only
      1311005127            0              36                 36                 0      Hard Prepay Only
      1323001912            0              12                 12                 0      Hard Prepay Only
      1326001249            0              36                 36                 0      Hard Prepay Only
      1327000332            0              36                 30                 6      Hard/Soft Prepay
      1701123292            0              36                 36                 0      Hard Prepay Only
      1701123528            0              12                 12                 0      Hard Prepay Only
      1701123543            0              36                 36                 0      Hard Prepay Only
      1701123556            0              36                 36                 0      Hard Prepay Only
      1701123559            0              36                 36                 0      Hard Prepay Only
      1701123677            0               0                  0                 0      No Prepay
      1701123678            0              36                 36                 0      Hard Prepay Only
      1701123709            0               0                  0                 0      No Prepay
      1701123793            0               0                  0                 0      No Prepay
      1701123876            0              36                 36                 0      Hard Prepay Only
      1701123909            0               0                  0                 0      No Prepay
      1701123911            0               0                  0                 0      No Prepay
      1701124027            0              36                 36                 0      Hard Prepay Only
      1701124120            0              36                 36                 0      Hard Prepay Only
      1701124142            0              36                 36                 0      Hard Prepay Only
      1701124189            0              12                 12                 0      Hard Prepay Only
      1701124227            0               0                  0                 0      No Prepay
      1701124262            0               0                  0                 0      No Prepay
      1701124267            0              36                 36                 0      Hard Prepay Only
      1706102386            0               0                  0                 0      No Prepay
      1706102404            0              36                 36                 0      Hard Prepay Only
      1706102477            0               0                  0                 0      No Prepay
      1706102500            0               0                  0                 0      No Prepay
      1706102504            0               0                  0                 0      No Prepay
      1706102553            0              36                 30                 6      Hard/Soft Prepay
      1707101292            0              36                 36                 0      Hard Prepay Only
      1707101368            0              12                 12                 0      Hard Prepay Only
      1707101547            0               0                  0                 0      No Prepay
      1707101575            0               0                  0                 0      No Prepay
      1707101584            0               0                  0                 0      No Prepay
      1707101585            0               0                  0                 0      No Prepay
      1707101629            0               0                  0                 0      No Prepay
      1707101750            0              36                 36                 0      Hard Prepay Only
      1707101840            0               0                  0                 0      No Prepay
      1901026956            0               0                  0                 0      No Prepay
      8500012713            0               0                  0                 0      No Prepay
      8500012757            0              36                 36                 0      Hard Prepay Only
      8500012760            0              36                 36                 0      Hard Prepay Only
      8500012767            0              36                 36                 0      Hard Prepay Only
      8500012773            0              36                 36                 0      Hard Prepay Only
      8500012775            0              36                 36                 0      Hard Prepay Only
      8500012816            0               0                  0                 0      No Prepay
      8500012897            0               0                  0                 0      No Prepay
      8500012900            0              36                 36                 0      Hard Prepay Only
      8500012901            0              12                 12                 0      Hard Prepay Only
      8500012908            0              12                 12                 0      Hard Prepay Only
      8500012915            0              12                 12                 0      Hard Prepay Only
      8500012917            0              12                 12                 0      Hard Prepay Only
      8500012919            0              36                 36                 0      Hard Prepay Only
      8500012924            0              12                 12                 0      Hard Prepay Only
      8500012926            0              12                 12                 0      Hard Prepay Only
      8500012945            0              36                 36                 0      Hard Prepay Only
      8500012948            0              12                 12                 0      Hard Prepay Only
      8500012953            0              12                 12                 0      Hard Prepay Only
      8500012956            0              12                 12                 0      Hard Prepay Only
      8500012958            0              12                 12                 0      Hard Prepay Only
      8500012963            0              12                 12                 0      Hard Prepay Only
      8500012968            0              12                 12                 0      Hard Prepay Only
      8500012991            0              36                  0                36      Soft Prepay Only
      8500012999            0              36                  0                36      Soft Prepay Only
      8500013019            0              36                  0                36      Soft Prepay Only
      8500013020            0              36                  0                36      Soft Prepay Only
      8500013027            0              36                  0                36      Soft Prepay Only
      8500013039            0              36                  0                36      Soft Prepay Only
      8500013123            0              36                 12                24      Hard/Soft Prepay
      8500013135            0               0                  0                 0      No Prepay
      8500013142            0               0                  0                 0      No Prepay
      8500013148            0              36                 12                24      Hard/Soft Prepay
      8500013153            0              36                 12                24      Hard/Soft Prepay
      8500013154            0              36                 12                24      Hard/Soft Prepay
      8500013155            0              36                 12                24      Hard/Soft Prepay
      8500013159            0               0                  0                 0      No Prepay
      8500013163            0              36                 12                24      Hard/Soft Prepay
      8500013170            0              36                 12                24      Hard/Soft Prepay
      8500013174            0              36                  0                36      Soft Prepay Only
      8500013204            0              36                  0                36      Soft Prepay Only
      8500013235            0              36                 36                 0      Hard Prepay Only
      8500013244            0              36                 36                 0      Hard Prepay Only
      8500013245            0              36                 36                 0      Hard Prepay Only
      8500013278            0              36                 36                 0      Hard Prepay Only
      8500013294            0               0                  0                 0      No Prepay
      8500013311            0              36                 36                 0      Hard Prepay Only
      8500013543            0              12                 12                 0      Hard Prepay Only
      8500013549            0              24                 24                 0      Hard Prepay Only
      8500013619            0              36                  0                36      Soft Prepay Only
      8500013626            0              36                  0                36      Soft Prepay Only
      8500013634            0               0                  0                 0      No Prepay
      8500013642            0               0                  0                 0      No Prepay
      8600013788            0              36                 36                 0      Hard Prepay Only
      8600013842            0               7                  7                 0      Hard Prepay Only
      8600013852            0              36                 36                 0      Hard Prepay Only
      8600014005            0              36                 36                 0      Hard Prepay Only
      8600014092            0               0                  0                 0      No Prepay
      8600014098            0              24                 24                 0      Hard Prepay Only
      8600014200            0              36                 36                 0      Hard Prepay Only
        40622880            0               0                  0                 0      No Prepay
        97818595            0              36                 36                 0      Hard Prepay Only
        97732630            0              36                 36                 0      Hard Prepay Only
        98069511            0              36                 36                 0      Hard Prepay Only
        97407514            0              36                 36                 0      Hard Prepay Only
        97673636            0               0                  0                 0      No Prepay
        97291835            0               0                  0                 0      No Prepay
        97736151            0               0                  0                 0      No Prepay
        97958912            0              12                 12                 0      Hard Prepay Only
        97421077            0               0                  0                 0      No Prepay
        95894317            0              12                 12                 0      Hard Prepay Only
        97427876            0              36                 36                 0      Hard Prepay Only
        97520670            0               0                  0                 0      No Prepay
        97520951            0              36                 36                 0      Hard Prepay Only
        98666597            0              36                 36                 0      Hard Prepay Only
        97136832            0              36                 36                 0      Hard Prepay Only
        97965636            0              36                 36                 0      Hard Prepay Only
        97156350            0              36                 36                 0      Hard Prepay Only
        96733191            0              36                 36                 0      Hard Prepay Only
        98041510            0              12                 12                 0      Hard Prepay Only
        97496715            0              36                 36                 0      Hard Prepay Only
      1105115567            0               0                  0                 0      No Prepay
      1105115649            0              12                 12                 0      Hard Prepay Only
      1105116076            0               0                  0                 0      No Prepay
      1115103528            0              36                 36                 0      Hard Prepay Only
      1115103541            0              36                 36                 0      Hard Prepay Only
      1115103548            0              36                 36                 0      Hard Prepay Only
      1115103590            0              36                 36                 0      Hard Prepay Only
      1115103603            0              36                 36                 0      Hard Prepay Only
      1115103610            0              36                 36                 0      Hard Prepay Only
      1115103645            0              12                 12                 0      Hard Prepay Only
      1115103676            0              36                 36                 0      Hard Prepay Only
      1115103703            0               0                  0                 0      No Prepay
      1115103761            0              36                 36                 0      Hard Prepay Only
      1115103859            0              36                 36                 0      Hard Prepay Only
      8600014218            0               0                  0                 0      No Prepay
      8600014231            0              36                 36                 0      Hard Prepay Only
      8600014354            0              12                 12                 0      Hard Prepay Only
      8600014375            0               0                  0                 0      No Prepay
      8600014566            0              36                 36                 0      Hard Prepay Only
      1122000171            0              12                 12                 0      Hard Prepay Only
      1124001262            0              36                 36                 0      Hard Prepay Only
      1124001329            0              12                 12                 0      Hard Prepay Only
      1124001386            0              36                 36                 0      Hard Prepay Only
      1125100093            0              12                 12                 0      Hard Prepay Only
      1125100151            0              36                 36                 0      Hard Prepay Only
      1125100224            0              36                 36                 0      Hard Prepay Only
      1301002120            0              36                 36                 0      Hard Prepay Only
      1301002176            0              36                 36                 0      Hard Prepay Only
        97500797            0               0                  0                 0      No Prepay
        98928914            0              36                 36                 0      Hard Prepay Only
      8500012621            0               0                  0                 0      No Prepay
      1115103423            0              36                 36                 0      Hard Prepay Only
      8500012333            0              12                 12                 0      Hard Prepay Only
      8500012804            0               0                  0                 0      No Prepay
      1111002091            0               0                  0                 0      No Prepay
      1313003797            0              36                 36                 0      Hard Prepay Only
      1309008887            0              60                 60                 0      Hard Prepay Only
      8500012799            0              36                  0                36      Soft Prepay Only
      8500012042            0               0                  0                 0      No Prepay
        98186679            0              12                 12                 0      Hard Prepay Only
        98432834            0              36                 36                 0      Hard Prepay Only
        99007072            0              36                 36                 0      Hard Prepay Only
        98623119            0              36                 36                 0      Hard Prepay Only
        99401317            0              36                 36                 0      Hard Prepay Only
        97753313            0               0                  0                 0      No Prepay
        99077919            0              36                 36                 0      Hard Prepay Only
      1301002062            0              36                 36                 0      Hard Prepay Only
      1105114914            0              36                 36                 0      Hard Prepay Only
      1122000140            0              36                 36                 0      Hard Prepay Only
        97287551            0              36                 36                 0      Hard Prepay Only
        99441115            0               0                  0                 0      No Prepay
        98028756            0              36                 36                 0      Hard Prepay Only
        98784275            0              36                 36                 0      Hard Prepay Only
        99392318            0              12                 12                 0      Hard Prepay Only
      1313003792            0              36                 36                 0      Hard Prepay Only
        98807316            0              36                 36                 0      Hard Prepay Only
        98723034            0              36                 36                 0      Hard Prepay Only
        98063118            0              36                 36                 0      Hard Prepay Only
        97650436            0              36                 36                 0      Hard Prepay Only
       151569829            0               0                  0                 0      No Prepay
        97193478            0              36                 36                 0      Hard Prepay Only
        98391238            0              36                 36                 0      Hard Prepay Only
        97779474            0              24                 24                 0      Hard Prepay Only
        97376958            0              36                 36                 0      Hard Prepay Only
        98284870            0               0                  0                 0      No Prepay
        98128754            0              36                 36                 0      Hard Prepay Only
        97783757            0              36                 36                 0      Hard Prepay Only
        98811631            0              36                 36                 0      Hard Prepay Only
        98865470            0              36                 36                 0      Hard Prepay Only
       151757762            0              36                 36                 0      Hard Prepay Only
        99333395            0               0                  0                 0      No Prepay
        40616690            0               0                  0                 0      No Prepay
        98979636            0               0                  0                 0      No Prepay
       150839926            0              36                 36                 0      Hard Prepay Only
      1701123097            0              36                 36                 0      Hard Prepay Only
      8500012795            0               0                  0                 0      No Prepay
      8500012649            0              12                 12                 0      Hard Prepay Only
      8500012648            0               0                  0                 0      No Prepay
      8500012643            0               0                  0                 0      No Prepay
      8500012752            0              36                 12                24      Hard/Soft Prepay
      8500012290            0              12                 12                 0      Hard Prepay Only
      8500012060            0               0                  0                 0      No Prepay
      8500012443            0              12                 12                 0      Hard Prepay Only
      8500012635            0              36                  0                36      Soft Prepay Only
      8500012976            0               6                  6                 0      Hard Prepay Only
      1706102352            0               0                  0                 0      No Prepay
        98349038            0               0                  0                 0      No Prepay
      1309008878            0              36                 36                 0      Hard Prepay Only
      1326001195            0              36                 36                 0      Hard Prepay Only
      1310012803            0              36                 36                 0      Hard Prepay Only
      1312004542            0              12                 12                 0      Hard Prepay Only
      1310012797            0              12                 12                 0      Hard Prepay Only
      1328000218            0              36                 36                 0      Hard Prepay Only
      8600013718            0              36                 36                 0      Hard Prepay Only
      8600013823            0               7                  7                 0      Hard Prepay Only
      8500012658            0               0                  0                 0      No Prepay
      1701123095            0              36                 36                 0      Hard Prepay Only
      8600013813            0              36                 36                 0      Hard Prepay Only
      1105115119            0              36                 36                 0      Hard Prepay Only
      8500012035            0              36                  0                36      Soft Prepay Only
      8500012654            0               0                  0                 0      No Prepay
      8500012450            0              12                 12                 0      Hard Prepay Only
      8500012801            0               0                  0                 0      No Prepay
      8600013931            0              36                 36                 0      Hard Prepay Only
      8500012751            0              36                 12                24      Hard/Soft Prepay
        97780035            0              36                 36                 0      Hard Prepay Only
        99339194            0               0                  0                 0      No Prepay
        97996953            0              36                 36                 0      Hard Prepay Only
      1701123275            0               0                  0                 0      No Prepay
      1707101205            0              36                 36                 0      Hard Prepay Only
      1707101329            0               0                  0                 0      No Prepay
      8500012058            0              36                  0                36      Soft Prepay Only
      8500012974            0               6                  6                 0      Hard Prepay Only
      1705000813            0               0                  0                 0      No Prepay
      8500012637            0               0                  0                 0      No Prepay
        99020679            0              12                 12                 0      Hard Prepay Only
      8500012280            0              12                 12                 0      Hard Prepay Only
        97670392            0              36                 36                 0      Hard Prepay Only
       151797065            0              12                 12                 0      Hard Prepay Only
        86077732            0              24                 24                 0      Hard Prepay Only
        98912751            0              36                 36                 0      Hard Prepay Only
      1104001621            0               0                  0                 0      No Prepay
      1105115231            0               0                  0                 0      No Prepay
      1105115310            0              36                 36                 0      Hard Prepay Only
      1105115402            0               0                  0                 0      No Prepay
        97206916            0              12                 12                 0      Hard Prepay Only
       151201167            0               0                  0                 0      No Prepay
        98012073            0              36                 36                 0      Hard Prepay Only
      8500012298            0              12                 12                 0      Hard Prepay Only
      8500012789            0               0                  0                 0      No Prepay
      8500012644            0               0                  0                 0      No Prepay
      8500012645            0               0                  0                 0      No Prepay
      1105114669            0               0                  0                 0      No Prepay
      1701123337            0              36                 36                 0      Hard Prepay Only
      8500012338            0              12                 12                 0      Hard Prepay Only
      8500012659            0               0                  0                 0      No Prepay
      8600013871            0               0                  0                 0      No Prepay
        98112030            0              36                 36                 0      Hard Prepay Only
        99106114            0              36                 36                 0      Hard Prepay Only
        98820871            0              36                 36                 0      Hard Prepay Only
        98772437            0               0                  0                 0      No Prepay
       151862083            0              36                 36                 0      Hard Prepay Only
        98914633            0              36                 36                 0      Hard Prepay Only
        98921992            0              36                 36                 0      Hard Prepay Only
        99172637            0               0                  0                 0      No Prepay
       150473163            0              36                 36                 0      Hard Prepay Only
        98510233            0              24                 24                 0      Hard Prepay Only
       148973407            0              30                 30                 0      Hard Prepay Only
        97037790            0              36                 36                 0      Hard Prepay Only
        97576599            0              12                 12                 0      Hard Prepay Only
       151527322            0              36                 36                 0      Hard Prepay Only
        97596993            0              36                 36                 0      Hard Prepay Only
      8500012749            0               6                  6                 0      Hard Prepay Only
      8500012440            0              36                 36                 0      Hard Prepay Only
      8500012784            0               0                  0                 0      No Prepay
      1701123665            0               0                  0                 0      No Prepay
      1115103421            0              36                 36                 0      Hard Prepay Only
      8600013805            0              12                 12                 0      Hard Prepay Only
      1701123016            0              36                 36                 0      Hard Prepay Only
       141007880            0              36                 36                 0      Hard Prepay Only
       151785920            0              36                 36                 0      Hard Prepay Only
        98327117            0              36                 36                 0      Hard Prepay Only
      1304007771            0              36                 36                 0      Hard Prepay Only
      1308004726            0              12                 12                 0      Hard Prepay Only
      1309008947            0              36                 36                 0      Hard Prepay Only
      1309008951            0              36                 36                 0      Hard Prepay Only
      1309009016            0              36                 36                 0      Hard Prepay Only
      1310012287            0               0                  0                 0      No Prepay
      1310012794            0              36                 36                 0      Hard Prepay Only
      1323001833            0              12                 12                 0      Hard Prepay Only
      1326001148            0              36                 36                 0      Hard Prepay Only
      1326001186            0              36                 36                 0      Hard Prepay Only
      1701123010            0              36                 36                 0      Hard Prepay Only
      1701123237            0               0                  0                 0      No Prepay
      1701123273            0               0                  0                 0      No Prepay
      1701123347            0              36                 36                 0      Hard Prepay Only
      1701123358            0              36                 36                 0      Hard Prepay Only
      1701123479            0              36                 36                 0      Hard Prepay Only
      1701123517            0              12                 12                 0      Hard Prepay Only
      1701123518            0               0                  0                 0      No Prepay
      1701123529            0              36                 36                 0      Hard Prepay Only
      1701123567            0              36                 36                 0      Hard Prepay Only
      1701123581            0               0                  0                 0      No Prepay
      1701123644            0              36                 36                 0      Hard Prepay Only
      1701123691            0              36                 36                 0      Hard Prepay Only
      1701123870            0               0                  0                 0      No Prepay
      1701123898            0              36                 36                 0      Hard Prepay Only
      1701123902            0               0                  0                 0      No Prepay
      1701123941            0              36                 36                 0      Hard Prepay Only
      1701123972            0               0                  0                 0      No Prepay
      1701124003            0              36                 36                 0      Hard Prepay Only
      1701124018            0               0                  0                 0      No Prepay
      1701124031            0               0                  0                 0      No Prepay
      1701124063            0              36                 36                 0      Hard Prepay Only
      1701124077            0              36                 36                 0      Hard Prepay Only
      1701124098            0              36                 36                 0      Hard Prepay Only
      1701124109            0              36                 36                 0      Hard Prepay Only
      1701124119            0              36                 36                 0      Hard Prepay Only
      1701124217            0              36                 36                 0      Hard Prepay Only
      1701124352            0              36                 36                 0      Hard Prepay Only
      1705000811            0              36                 36                 0      Hard Prepay Only
      1706102330            0              36                 36                 0      Hard Prepay Only
      1706102381            0              12                 12                 0      Hard Prepay Only
      1706102414            0               0                  0                 0      No Prepay
      1706102450            0               0                  0                 0      No Prepay
      1706102470            0              36                 30                 6      Hard/Soft Prepay
      1706102474            0              12                 12                 0      Hard Prepay Only
      1707101351            0              12                 12                 0      Hard Prepay Only
      1707101456            0              12                 12                 0      Hard Prepay Only
      1707101671            0               0                  0                 0      No Prepay
      1707101677            0              36                 36                 0      Hard Prepay Only
      1707101697            0               0                  0                 0      No Prepay
      1707101770            0              36                 36                 0      Hard Prepay Only
      1901026518            0               0                  0                 0      No Prepay
      1901026622            0              36                 36                 0      Hard Prepay Only
      8500012700            0               0                  0                 0      No Prepay
      8500012755            0              36                 36                 0      Hard Prepay Only
      8500012762            0              36                 36                 0      Hard Prepay Only
      8500012765            0              36                 36                 0      Hard Prepay Only
      8500012768            0              36                 36                 0      Hard Prepay Only
      8500012770            0              36                 36                 0      Hard Prepay Only
      8500012774            0               0                  0                 0      No Prepay
      8500012808            0               0                  0                 0      No Prepay
      8500012821            0               0                  0                 0      No Prepay
      8500012822            0               0                  0                 0      No Prepay
      8500012827            0               0                  0                 0      No Prepay
      8500012830            0               0                  0                 0      No Prepay
      8500012856            0               0                  0                 0      No Prepay
      8500012881            0               0                  0                 0      No Prepay
      8500012898            0               0                  0                 0      No Prepay
      8500012923            0              12                 12                 0      Hard Prepay Only
      8500012925            0               0                  0                 0      No Prepay
      8500012934            0              12                 12                 0      Hard Prepay Only
      8500012937            0              12                 12                 0      Hard Prepay Only
      8500012944            0              12                 12                 0      Hard Prepay Only
      8500012955            0              12                 12                 0      Hard Prepay Only
      8500012964            0               0                  0                 0      No Prepay
      8500012985            0              36                  0                36      Soft Prepay Only
      8500013007            0              36                  0                36      Soft Prepay Only
      8500013016            0              36                  0                36      Soft Prepay Only
      8500013024            0              36                  0                36      Soft Prepay Only
      8500013025            0              36                  0                36      Soft Prepay Only
      8500013028            0              36                  0                36      Soft Prepay Only
      8500013031            0              36                  0                36      Soft Prepay Only
      8500013033            0              36                  0                36      Soft Prepay Only
      8500013041            0              36                  0                36      Soft Prepay Only
      8500013121            0               0                  0                 0      No Prepay
      8500013124            0               0                  0                 0      No Prepay
      8500013137            0              36                 12                24      Hard/Soft Prepay
      8500013139            0              36                 12                24      Hard/Soft Prepay
      8500013144            0              36                 12                24      Hard/Soft Prepay
      8500013145            0              36                 12                24      Hard/Soft Prepay
      8500013149            0              36                 12                24      Hard/Soft Prepay
      8500013187            0              36                  0                36      Soft Prepay Only
      8500013209            0              36                  0                36      Soft Prepay Only
      8500013214            0              36                  0                36      Soft Prepay Only
      8500013230            0              12                 12                 0      Hard Prepay Only
      8500013239            0              12                 12                 0      Hard Prepay Only
      8500013247            0               0                  0                 0      No Prepay
      8500013253            0               0                  0                 0      No Prepay
      8500013268            0              12                 12                 0      Hard Prepay Only
      8500013280            0              12                 12                 0      Hard Prepay Only
      8500013284            0              12                 12                 0      Hard Prepay Only
      8500013285            0              12                 12                 0      Hard Prepay Only
      8500013542            0              12                 12                 0      Hard Prepay Only
      8500013545            0              12                 12                 0      Hard Prepay Only
      8500013548            0              36                  0                36      Soft Prepay Only
      8500013615            0               0                  0                 0      No Prepay
      8500013633            0               0                  0                 0      No Prepay
      8600013951            0              36                 36                 0      Hard Prepay Only
      8600014094            0               6                  6                 0      Hard Prepay Only
      8600014113            0              36                 36                 0      Hard Prepay Only
      8600014196            0              12                 12                 0      Hard Prepay Only
      8600014504            0              12                 12                 0      Hard Prepay Only
      8600014596            0              36                 36                 0      Hard Prepay Only
      8600014951            0              36                 36                 0      Hard Prepay Only



loanid                lenderppp                            curltv       pool_name
-------------------------------------------------------------------------------------
        98374671      6 Months interest on 80%               83.04
      1310012807      1% on 80%                                 80
      1304007618      1% on 80%                              79.87
      1310012684      6 Months interest on 80%               78.34
      1325000258      6 Months interest on 80%               66.18
        97636476      No PPP                                 81.93
      1323001742      1% on 80%                              79.86
      1309008902      1% on 80%                              79.99
      1328000223      No PPP                                 79.92
      1326001175      6 Months interest on 80%               79.99
      8500012342      No PPP                                  79.8
      1105115291      1% on 80%                              73.63
      8500012647      No PPP                                 44.02
      1115103480      6 Months interest on 80%               79.88
      8500012304      4% on 100%                             64.84
      1311005071      1% on 80%                                 80
      8600013697      6 Months interest on 80%               94.97
      1701123359      6 Months interest on 80%                  80
      8500012451      6 Months interest on 80%               79.82
      1105115219      No PPP                                    80
        98392038      6 Months interest on 80%               49.85
        98321755      6 Months interest on 80%                  90
        99479271      6 Months interest on 80%               83.91
        98394075      No PPP                                  79.9
        99479792      6 Months interest on 80%                94.8
        97497192      6 Months interest on 80%               94.87
        98103153      6 Months interest on 80%               84.48
        97839393      6 Months interest on 80%               87.18
        98182033      6 Months interest on 80%               62.88
       151539681      No PPP                                 73.92
      1707101305      6 Months interest on 80%               49.62
       151869542      6 Months interest on 80%               89.82
        98876196      6 Months interest on 80%                61.7
        98394752      6 Months interest on 80%               64.78
        99422990      6 Months interest on 80%               57.21
        99034555      No PPP                                 94.89
        98394950      6 Months interest on 80%               59.62
        98288590      No PPP                                  86.9
      1701123087      6 Months interest on 80%               79.88
      1701123130      No PPP                                 79.88
        98349277      6 Months interest on 80%               79.55
       151247483      6 Months interest on 80%                68.6
        97845234      6 Months interest on 80%               79.89
        85923779      No PPP                                 82.57
        98259831      No PPP                                 79.18
        97474951      6 Months interest on 80%               94.19
        98838311      6 Months interest on 80%               82.92
       151406246      6 Months interest on 80%               76.35
      1310012528      1% on 80%                              79.99
      1301002110      6 Months interest on 80%               45.64
      8500012636      No PPP                                 79.82
      1701122953      6 Months interest on 80%                  80
        97878276      6 Months interest on 80%                79.8
      8500012618      No PPP                                    80
      8500012436      6 Months interest on 80%               71.96
      1901025753      No PPP                                 43.47
      1311004987      6 Months interest on 80%               94.95
      1105114884      1% on 80%                              79.95
      1707101357      6 Months interest on 80%                  80
      8500012971      No PPP                                  79.9
      1105115063      6 Months interest on 80%               79.88
        97214118      6 Months interest on 80%               94.71
        97851034      6 Months interest on 80%               79.76
        99038390      6 Months interest on 80%               70.21
        99487399      6 Months interest on 80%               89.98
      1701123306      No PPP                                    80
      1115103457      6 Months interest on 80%                  80
      1105115086      1% on 80%                                 95
      1707101130      No PPP                                 79.93
      8500012441      6 Months interest on 80%               52.54
        99636557      6 Months interest on 80%               64.77
        99650798      6 Months interest on 80%               79.83
        99680837      6 Months interest on 80%               60.55
        99635997      3%-2%-1% on 100%                       94.91
        99646879      6 Months interest on 80%               79.83
        99735755      6 Months interest on 80%               61.82
      1701123475      No PPP                                 76.92
       151664224      No PPP                                 79.84
       151671625      No PPP                                 75.06
       150216067      6 Months interest on 80%               81.22
        97834113      No PPP                                 87.07
        99488439      6 Months interest on 80%               89.82
      1101003525      No PPP                                    65
      1102001734      No PPP                                 74.13
      1105115180      No PPP                                    80
        99480394      6 Months interest on 80%               61.25
       151765823      6 Months interest on 80%               89.82
        98886351      No PPP                                 84.04
        99036634      6 Months interest on 80%               49.32
      1115103373      No PPP                                    80
        99561474      No PPP                                 89.74
        99578593      No PPP                                 79.91
       151691326      6 Months interest on 80%               54.03
        99586356      6 Months interest on 80%               79.87
        99608275      6 Months interest on 80%                  75
        99571838      No PPP                                 89.77
        98713274      6 Months interest on 80%               79.76
        97920474      6 Months interest on 80%                61.6
        99308033      6 Months interest on 80%               64.87
        98450711      6 Months interest on 80%               89.91
      1105115199      No PPP                                 79.98
      1105115213      No PPP                                 79.97
      1105115241      No PPP                                 79.94
      1105115284      6 Months interest on 80%               79.84
      1105115415      No PPP                                 84.97
      8500012055      6 Months interest on 80%               76.22
      8500012187      No PPP                                 77.25
      8500012632      No PPP                                 89.79
      8500012294      No PPP                                 72.05
      8500012445      6 Months interest on 80%                  80
        98224074      6 Months interest on 80%               89.89
        99506792      6 Months interest on 80%               64.74
        98511751      6 Months interest on 80%               89.79
       151733706      6 Months interest on 80%               59.64
      8500012790      No PPP                                 77.99
        98301799      6 Months interest on 80%               84.76
        97954911      6 Months interest on 80%               94.73
        96976675      6 Months interest on 80%               67.23
        97956155      6 Months interest on 80%               64.73
       151631686      6 Months interest on 80%                  90
      8500012279      No PPP                                 79.65
        97837116      6 Months interest on 80%               82.86
        99431272      6 Months interest on 80%               81.14
       140847922      6 Months interest on 80%               82.86
        98983190      6 Months interest on 80%               59.21
      8500012793      No PPP                                 77.58
      8500012646      No PPP                                 89.98
      1105115068      No PPP                                 79.87
      1105115312      No PPP                                 79.94
      8500012802      2% on 100%                             74.81
        86081932      No PPP                                 82.46
        98404197      6 Months interest on 80%                64.8
      1105115188      1% on 80%                               68.7
        98144876      6 Months interest on 80%               79.69
        97953194      6 Months interest on 80%               66.81
      8500012666      No PPP                                 74.97
      8500012332      4% on 100%                             49.42
      1315003373      6 Months interest on 80%                71.8
      1311004982      1% on 80%                              79.94
      1323001600      6 Months interest on 80%               78.14
      1323001754      6 Months interest on 80%                  80
      1310012740      6 Months interest on 80%                  80
        98805237      No PPP                                 89.88
        99021875      6 Months interest on 80%               73.26
        99003279      6 Months interest on 80%                  80
        98147150      6 Months interest on 80%               93.34
        98149198      6 Months interest on 80%               78.69
        96496195      6 Months interest on 80%               84.86
        97826036      6 Months interest on 80%                80.9
        97827158      6 Months interest on 80%                63.9
        98776719      6 Months interest on 80%                  85
        99252835      6 Months interest on 80%               89.78
        98209752      2% on 100%                             87.31
        97882476      No PPP                                 94.87
        98221799      6 Months interest on 80%               94.91
       151505229      No PPP                                 87.23
      8500012033      No PPP                                    80
      8500012307      No PPP                                 22.44
      8500012978      6 Months interest on 80%               62.12
        97563035      No PPP                                 94.32
        97574875      No PPP                                 89.79
        97579395      6 Months interest on 80%               64.27
      8500012622      No PPP                                 64.78
      8500012437      6 Months interest on 80%                  70
      8500012750      6 Months interest on 80%                  75
      8500012051      No PPP                                 64.66
      1706102300      6 Months interest on 80%               79.94
      1701123470      No PPP                                    80
      1701123405      No PPP                                  67.3
      8500012803      No PPP                                 77.98
      1310012601      1% on 80%                              79.99
      1310012697      1% on 80%                                 80
      1309008828      1% on 80%                              79.99
        98711070      6 Months interest on 80%               63.59
        98122799      6 Months interest on 80%               64.74
        97597918      6 Months interest on 80%               84.71
        85913895      No PPP                                 89.82
        99238230      6 Months interest on 80%               94.77
      8600013771      6 Months interest on 80%               26.86
      1706102249      No PPP                                    80
        97908073      No PPP                                 84.39
        98345432      6 Months interest on 80%               79.89
        98350275      6 Months interest on 80%               74.86
        98790637      6 Months interest on 80%                  85
        99408155      6 Months interest on 80%               79.87
        98856511      6 Months interest on 80%               88.49
        98770795      6 Months interest on 80%               74.41
        99245839      No PPP                                 79.94
        98995475      6 Months interest on 80%               89.78
        97863195      6 Months interest on 80%               79.86
        98427156      6 Months interest on 80%               79.82
      1309008864      1% on 80%                               64.8
      1301002104      6 Months interest on 80%               79.52
      8500012781      No PPP                                 77.87
        99167470      6 Months interest on 80%                  80
        99173718      6 Months interest on 80%               89.26
        98460512      6 Months interest on 80%               74.75
        98235153      6 Months interest on 80%               79.67
        97569354      No PPP                                 69.88
      1705000804      No PPP                                    80
      8500012435      6 Months interest on 80%                  70
        99661118      6 Months interest on 80%               84.68
        99717514      6 Months interest on 80%               94.89
        99789471      No PPP                                 79.93
      1701123048      No PPP                                    75
      1701123402      6 Months interest on 80%               64.59
        98289234      6 Months interest on 80%               84.79
      1105115062      2% on 100%                             57.37
      8500012631      No PPP                                  74.8
       148761406      1% on 100%                             93.72
        99850752      6 Months interest on 80%               69.07
       151465804      6 Months interest on 80%                84.9
        97577795      No PPP                                    80
        99599714      No PPP                                  32.5
      8500012628      No PPP                                 74.99
        97635114      2% on 100%                             84.79
        97844435      No PPP                                 79.79
        97124630      6 Months interest on 80%               74.35
        98580830      6 Months interest on 80%               61.29
        86148731      6 Months interest on 80%               64.95
        97503874      6 Months interest on 80%               77.67
        95833836      No PPP                                 99.94
        97555312      2 Months interest on 80%               79.77
        98386717      6 Months interest on 80%               81.97
        98204076      6 Months interest on 80%               74.01
        99309395      6 Months interest on 80%               79.91
       149852626      No PPP                                 65.75
        99240632      6 Months interest on 80%               94.76
      8500012788      No PPP                                 79.72
      8500012662      No PPP                                 89.76
      8500012328      4% on 100%                              79.8
        40622747      No PPP                                 89.81
        97399430      6 Months interest on 80%               68.15
       151571908      6 Months interest on 80%               82.05
        85606770      6 Months interest on 80%               79.82
        97293674      2% on 100%                             93.71
        97465918      6 Months interest on 80%               74.05
        97617757      6 Months interest on 80%                89.8
        98086630      6 Months interest on 80%               64.63
        98087836      6 Months interest on 80%               84.89
        97432314      No PPP                                 89.78
        97624795      6 Months interest on 80%               91.69
        97625230      6 Months interest on 80%               79.88
        97445555      6 Months interest on 80%                69.8
        96467196      6 Months interest on 80%               84.83
      1105115458      No PPP                                 74.94
      1105115466      No PPP                                 69.91
      1105115548      6 Months interest on 80%               79.94
      1105115550      No PPP                                 88.05
        98753437      6 Months interest on 80%                84.9
        98810153      6 Months interest on 80%               79.85
        85886018      6 Months interest on 80%                  80
        97400956      No PPP                                 89.77
        96560677      No PPP                                 89.74
        98945710      No PPP                                 83.67
        98841273      No PPP                                 84.79
       151480282      6 Months interest on 80%                86.2
        97858112      6 Months interest on 80%               64.74
        98424237      6 Months interest on 80%               89.91
      1310012739      No PPP                                 66.67
      1115103511      6 Months interest on 80%               70.49
      1707100861      6 Months interest on 80%                  80
      8500012053      No PPP                                 68.74
      8500012787      No PPP                                 74.99
        99617193      6 Months interest on 80%               79.84
        99672354      6 Months interest on 80%               79.84
        99646150      No PPP                                 79.83
       150646446      No PPP                                 89.27
        99721037      6 Months interest on 80%                  70
        99705238      No PPP                                 79.88
        99853798      6 Months interest on 80%               64.11
      1707101109      No PPP                                    75
       151513264      3%-2%-1% on 100%                       67.84
        98516677      6 Months interest on 80%               74.88
        97591119      6 Months interest on 80%                  65
        99614836      No PPP                                 89.82
        97972236      6 Months interest on 80%               79.79
        97912034      6 Months interest on 80%               63.85
        97506836      6 Months interest on 80%                  85
        97512479      6 Months interest on 80%               79.78
        85656577      6 Months interest on 80%               60.66
        98249113      6 Months interest on 80%               87.65
        97227037      6 Months interest on 80%               89.74
       149774481      6 Months interest on 80%               68.36
        97362198      6 Months interest on 80%               94.71
       151018728      6 Months interest on 80%                88.7
        96954110      6 Months interest on 80%               79.76
        85805695      6 Months interest on 80%                79.9
        98319437      No PPP                                 77.68
      1105115588      6 Months interest on 80%                  80
      1105115604      6 Months interest on 80%               71.04
      1105115622      No PPP                                 89.85
      1105115634      No PPP                                 99.97
      1105115652      No PPP                                    80
        96958319      No PPP                                 94.74
        98290638      6 Months interest on 80%               89.82
        99571994      6 Months interest on 80%                55.3
      8500012625      No PPP                                 79.81
      1707101094      6 Months interest on 80%               79.99
      1105115676      No PPP                                 79.94
      1111002590      6 Months interest on 80%               69.94
      1112000707      3 Months interest on 100%              72.73
      1115103465      No PPP                                 99.93
      1115103516      6 Months interest on 80%               60.44
      8500012656      No PPP                                    80
      1701122639      No PPP                                 73.39
      8500012044      No PPP                                 78.91
        40622467      No PPP                                 79.83
        85709178      No PPP                                 62.44
      1115103624      6 Months interest on 80%               69.98
      1115103628      6 Months interest on 80%                  90
      1115103668      6 Months interest on 80%               73.18
      1115103671      6 Months interest on 80%                  80
      1115103710      6 Months interest on 80%               79.97
        85702777      6 Months interest on 80%                94.9
        97459754      6 Months interest on 80%               89.66
        97459796      2% on 100%                              89.7
        98545833      1% on 80%                              89.77
        97293476      6 Months interest on 80%               84.66
      1115103729      No PPP                                    80
      1115103734      6 Months interest on 80%                  80
        96679113      6 Months interest on 80%               63.06
      8500012448      6 Months interest on 80%                  80
      1323001740      6 Months interest on 80%               94.91
        96981352      6 Months interest on 80%               94.64
        97513915      6 Months interest on 80%               89.73
        96933478      No PPP                                 79.76
        97467955      6 Months interest on 80%               79.74
        97620033      2 Months interest on 100%               79.8
        96990916      6 Months interest on 80%               57.79
        97743439      6 Months interest on 80%               74.88
        97523070      6 Months interest on 80%               79.84
        97691034      No PPP                                 83.87
        97137111      1% on 80%                              65.89
        96462510      6 Months interest on 80%               79.73
        97487276      6 Months interest on 80%               79.83
        97487755      6 Months interest on 80%               79.71
       149224503      No PPP                                 94.73
        97531750      No PPP                                 74.78
      8500012982      6 Months interest on 80%               51.17
        98197551      2 Months interest on 100%              79.84
       150469104      6 Months interest on 80%               89.75
        98502115      6 Months interest on 80%               75.28
        99451114      6 Months interest on 80%               69.57
        97527436      No PPP                                 84.78
      1124001291      No PPP                                    60
        40629629      No PPP                                  89.8
      1301002085      6 Months interest on 80%               79.82
        85916815      No PPP                                 79.82
        98536279      6 Months interest on 80%               89.82
        86124575      6 Months interest on 80%               89.85
        98647639      6 Months interest on 80%               53.28
        97307953      6 Months interest on 80%               94.38
        98254311      6 Months interest on 80%               79.44
        97495634      6 Months interest on 80%               84.69
      1105115551      6 Months interest on 80%                  90
      1105115637      6 Months interest on 80%               79.94
      1105115747      No PPP                                 79.94
      1105115836      6 Months interest on 80%                  80
        98572993      6 Months interest on 80%               55.18
        98681356      No PPP                                 79.82
        98576473      6 Months interest on 80%                  62
      1701122538      6 Months interest on 80%               79.89
      8500012446      6 Months interest on 80%               63.39
      1115103477      6 Months interest on 80%               69.95
      1115103594      6 Months interest on 80%                  80
      1115103746      6 Months interest on 80%                  80
      1115103770      6 Months interest on 80%                79.9
      1120100309      No PPP                                 74.97
        98718877      6 Months interest on 80%               53.78
        97166995      6 Months interest on 80%                79.4
        98480510      No PPP                                 64.85
        99464075      6 Months interest on 80%               86.18
        98863392      6 Months interest on 80%               47.61
      1122000176      No PPP                                    95
      1125100109      No PPP                                 79.97
      1125100163      No PPP                                 78.82
      1125100167      1% on 80%                              61.49
      1125100170      No PPP                                 79.94
        97418156      No PPP                                 89.13
        98648751      6 Months interest on 80%               79.85
        97681118      6 Months interest on 80%                  69
        97687511      No PPP                                 99.81
        97479711      6 Months interest on 80%               79.77
      1125100179      No PPP                                 79.94
      1301002168      6 Months interest on 80%               87.03
        98470792      No PPP                                 94.81
       150896801      No PPP                                 66.98
        98786155      No PPP                                 94.88
        97347231      No PPP                                 74.76
        96943030      6 Months interest on 80%               89.18
        98311756      6 Months interest on 80%               79.77
        97081756      6 Months interest on 80%                  90
       150962389      No PPP                                    68
      8500012050      6 Months interest on 80%               61.77
      1701123447      No PPP                                 55.43
      1706102338      No PPP                                    80
      1105115044      1% on 80%                                 80
        98186398      6 Months interest on 80%               58.38
      1105115416      No PPP                                 79.94
      1105115464      6 Months interest on 80%               80.04
      1105115473      6 Months interest on 80%                  80
      1105115574      No PPP                                 79.93
      1105115647      No PPP                                  89.6
        98092596      No PPP                                 49.83
      1901025643      6 Months interest on 80%               79.97
      8600013747      6 Months interest on 80%               79.56
      8500012660      No PPP                                 79.81
      1125100071      1% on 100%                              79.9
      1105115671      No PPP                                 69.94
      1105115799      6 Months interest on 80%                  80
      1105115991      6 Months interest on 80%               87.15
      1105115996      No PPP                                 79.97
      1106000823      No PPP                                    80
      1701123321      6 Months interest on 80%                  80
      8500012043      6 Months interest on 80%                79.7
        97877153      6 Months interest on 80%               78.13
        98948672      6 Months interest on 80%               79.87
        98536238      6 Months interest on 80%               89.82
      1115103191      6 Months interest on 80%                  80
      1115103552      6 Months interest on 80%                  80
      1115103605      6 Months interest on 80%                  80
      1115103617      No PPP                                 79.56
      1120100306      No PPP                                 79.97
        99390312      6 Months interest on 80%               84.17
        98570070      6 Months interest on 80%               79.89
       100052711      6 Months interest on 80%               79.91
      8500012639      No PPP                                 79.78
        98052954      6 Months interest on 80%               93.67
      1301002142      6 Months interest on 80%                  80
      1301002163      6 Months interest on 80%                  75
      1304007637      6 Months interest on 80%               70.71
      1304007756      6 Months interest on 80%                  80
      1308004546      1% on 80%                                 80
        98959877      5%-4%-3% on 100%                        79.4
        97721039      6 Months interest on 80%               84.58
        98063951      6 Months interest on 80%                  89
        97931471      2% on 100%                             73.71
        97933915      No PPP                                 94.82
      1310012856      1% on 80%                                 80
      1310012885      6 Months interest on 80%               89.95
      1312004557      No PPP                                    80
      1315003340      1% on 80%                                 80
      1323001812      1% on 80%                                 80
        97253074      5%-4%-3% on 100%                       79.69
       151563442      6 Months interest on 80%                89.8
        96865274      No PPP                                 76.52
        99598799      6 Months interest on 80%                72.5
        99148876      6 Months interest on 80%               78.72
      1323001825      1% on 80%                                 70
      1323001832      1% on 80%                              66.88
      1323001853      6 Months interest on 80%                  80
      1326001198      1% on 80%                                 80
      1326001218      1% on 80%                              79.98
        97788632      No PPP                                 79.77
        98812597      No PPP                                 79.76
       150712404      No PPP                                 83.67
       149127102      6 Months interest on 80%               74.75
        40620979      No PPP                                 99.72
      1326001225      1% on 80%                                 80
      1701123444      6 Months interest on 80%               54.84
      1701123702      6 Months interest on 80%                  80
      1701123708      6 Months interest on 80%               76.74
      1701123742      No PPP                                    80
        40610650      No PPP                                 79.82
        40607401      No PPP                                 93.04
        40597050      No PPP                                 79.61
        97945794      6 Months interest on 80%               69.64
      8500012447      6 Months interest on 80%               79.82
      1701123748      No PPP                                 62.52
      1701123784      No PPP                                    80
      1701123855      6 Months interest on 80%               60.96
      1701123886      6 Months interest on 80%                  80
      1701124049      6 Months interest on 80%                  80
      8500012794      No PPP                                    78
      1701123439      No PPP                                    80
      1701123319      No PPP                                    80
      8500012642      No PPP                                 79.84
      1701123282      6 Months interest on 80%               43.55
      1701124088      6 Months interest on 80%               79.99
      1701124102      No PPP                                 71.13
      1701124122      No PPP                                 63.31
        98785470      No PPP                                 87.98
        98824675      6 Months interest on 80%               52.74
      1105115173      2% on 100%                                80
      8500012792      No PPP                                 74.79
      8500012791      No PPP                                    78
      8500012640      No PPP                                    65
      8500012442      6 Months interest on 80%                  80
        98467392      6 Months interest on 80%               77.95
      8500012303      4% on 100%                                65
      1701123406      No PPP                                    80
      1330000119      1% on 80%                                 80
      1310012748      6 Months interest on 80%               79.98
      8500012634      No PPP                                 77.84
      8500012786      No PPP                                    95
        99297392      6 Months interest on 80%               85.51
       151898400      6 Months interest on 80%               56.81
       151506763      No PPP                                 79.84
      8500012661      No PPP                                 49.23
        98187834      No PPP                                  65.1
        99007437      6 Months interest on 80%               58.18
        99399990      6 Months interest on 80%               89.81
        99400111      6 Months interest on 80%               79.85
        99195836      No PPP                                  74.2
        98351356      6 Months interest on 80%               89.26
        99265159      1% on 80%                              79.91
      1309008788      1% on 80%                                 80
      1309008500      1% on 80%                                 80
        98629439      6 Months interest on 80%               60.65
       151728482      2 Months interest on 100%              94.64
        98692395      No PPP                                 81.83
        99070799      No PPP                                 94.33
        97700595      6 Months interest on 80%                74.9
      1310012798      6 Months interest on 80%               79.89
      1304007674      1% on 80%                              71.32
      1101003571      6 Months interest on 80%               79.13
      8500012449      6 Months interest on 80%                  70
      8500012980      6 Months interest on 80%               47.06
        40625808      No PPP                                 94.73
        40630156      No PPP                                 99.87
        40622730      No PPP                                 89.78
      1315003175      6 Months interest on 80%                  80
        86026895      6 Months interest on 80%               89.81
      8500012327      No PPP                                 61.32
      1701123279      No PPP                                    80
      8600013653      No PPP                                    80
      8500012657      No PPP                                 79.82
      8500012318      No PPP                                 79.81
        97469399      6 Months interest on 80%               61.45
        98658552      6 Months interest on 80%               71.43
        99392797      6 Months interest on 80%                  80
        98577232      6 Months interest on 80%               88.96
      8500012192      No PPP                                 77.26
      8500012652      3% on 100%                                80
      8500012034      No PPP                                    74
      8500012653      6 Months interest on 80%               64.86
      1707101312      No PPP                                 79.99
      8500012626      2% on 100%                                75
      1105115277      No PPP                                    80
        97977755      6 Months interest on 80%               60.33
        96907951      6 Months interest on 80%               61.97
        97725998      6 Months interest on 80%               79.69
        96652912      No PPP                                 79.71
      8500012783      No PPP                                 77.99
        99240996      No PPP                                 87.62
      1310012829      6 Months interest on 80%               77.71
      1310012864      6 Months interest on 80%               42.31
      1311004937      1% on 80%                                 80
       149411506      6 Months interest on 80%               74.81
        97938674      6 Months interest on 80%               74.37
        97380356      6 Months interest on 80%               74.87
        97781959      No PPP                                 79.68
        99095630      6 Months interest on 80%               88.07
      1311005021      1% on 80%                                 80
      1312004583      No PPP                                    80
      1313003772      6 Months interest on 80%               76.94
      1316002038      No PPP                                 99.88
      1326001193      1% on 80%                              79.88
        97093470      6 Months interest on 80%               94.69
        98814031      6 Months interest on 80%               89.84
        99469876      6 Months interest on 80%               68.14
       150913085      6 Months interest on 80%               62.28
        95957353      6 Months interest on 80%               94.68
      1326001207      1% on 80%                              75.28
      1326001231      6 Months interest on 80%               94.94
      1326001246      1% on 80%                                 80
      1701122907      6 Months interest on 80%                  80
      1701123421      No PPP                                 79.97
       150276004      6 Months interest on 80%               79.78
       150128148      6 Months interest on 80%               60.93
       148084841      No PPP                                 89.69
        40604446      No PPP                                 91.44
        40627423      No PPP                                  79.9
      1701123555      6 Months interest on 80%                  80
      1701123643      6 Months interest on 80%                  80
      1701123688      6 Months interest on 80%                  80
      1701123707      6 Months interest on 80%               57.14
      1701123719      6 Months interest on 80%               79.97
        40601006      No PPP                                 99.76
        40621825      No PPP                                 68.83
        97946438      6 Months interest on 80%               89.94
      8500012065      6 Months interest on 80%               45.86
      8500012651      No PPP                                 60.72
      1701123736      6 Months interest on 80%                  80
      1701123838      No PPP                                    75
      1701123889      No PPP                                    80
      1701123982      6 Months interest on 80%                  80
      1701124113      6 Months interest on 80%               44.41
      1701123620      No PPP                                    80
      1701123298      No PPP                                 79.94
      8500012305      4% on 100%                             63.93
      8500012064      6 Months interest on 80%                  80
      8500012059      No PPP                                 79.66
      1701124131      6 Months interest on 80%                  80
      1701124197      6 Months interest on 80%               51.61
      1701124265      6 Months interest on 80%                  80
      1701124273      6 Months interest on 80%               79.99
      1701124310      6 Months interest on 80%                  80
        99299034      6 Months interest on 80%               41.54
        98200637      6 Months interest on 80%               89.78
        99189391      No PPP                                 79.87
      1310012691      6 Months interest on 80%                  95
      1701124337      6 Months interest on 80%                  80
      1705000809      No PPP                                 79.93
      1706102354      No PPP                                 79.93
      1706102393      6 Months interest on 80%               79.99
      1706102490      6 Months interest on 80%                  80
      1309008865      1% on 80%                                 80
      1309008916      1% on 80%                                 80
      1326001125      1% on 80%                                 80
      1309008855      1% on 80%                                 80
      8500012800      No PPP                                    78
      1706102542      No PPP                                    80
      1707101361      6 Months interest on 80%                  80
      1707101374      6 Months interest on 80%                  75
      1707101404      No PPP                                    80
      1707101458      No PPP                                 77.29
      8500012038      No PPP                                 79.79
      1706102251      6 Months interest on 80%               79.94
      8500012753      6 Months interest on 80%                66.4
      8500012797      No PPP                                    78
      8500012798      No PPP                                 74.82
      1707101549      No PPP                                    80
      1707101692      6 Months interest on 80%               79.73
      1707101773      6 Months interest on 80%                  80
      1707101814      6 Months interest on 80%                  80
      1707101867      No PPP                                 79.99
      8500012036      No PPP                                 77.54
      8500012438      6 Months interest on 80%                  75
      1105115097      No PPP                                    40
       141021824      6 Months interest on 80%               89.48
        98291917      6 Months interest on 80%               87.26
      8500012694      No PPP                                    80
      8500012758      2% on 100%                             62.52
      8500012764      No PPP                                    80
      8500012771      2% on 100%                             79.83
      8500012772      2% on 100%                              62.5
      1701124124      No PPP                                    80
      1701124139      No PPP                                 64.92
      1701124143      6 Months interest on 80%                  80
      1701124404      6 Months interest on 80%               63.74
      1706102343      6 Months interest on 80%               50.11
      8500012806      6 Months interest on 80%                  80
      8500012823      No PPP                                    80
      8500012851      No PPP                                 79.79
      8500012892      No PPP                                 69.77
      8500012895      No PPP                                 33.77
      1706102418      6 Months interest on 80%                  80
      1706102479      No PPP                                 79.97
      1706102497      6 Months interest on 80%                  74
      1706102519      6 Months interest on 80%               79.96
      1707101285      6 Months interest on 80%               73.02
      8500012904      5% on 100%                             62.41
      8500012906      3% on 100%                             76.25
      8500012907      5% on 100%                             74.89
      8500012909      No PPP                                  84.9
      8500012914      5% on 100%                             89.67
      1707101373      6 Months interest on 80%                77.3
      1707101555      No PPP                                    80
      1707101636      No PPP                                 59.41
      1707101781      No PPP                                    80
      1707101788      No PPP                                    80
      8500012918      1% on 100%                             88.07
      8500012931      5% on 100%                             79.88
      8500012933      5% on 100%                             71.49
      8500012936      5% on 100%                             84.18
      8500012939      5% on 100%                              79.9
      1707101804      6 Months interest on 80%               77.18
      1901026675      No PPP                                 79.93
      8500012761      2% on 100%                                80
      8500012776      2% on 100%                             78.12
      8500012847      No PPP                                 79.79
      8500012940      1% on 100%                             89.88
      8500012946      5% on 100%                             74.42
      8500012954      5% on 100%                             77.83
      8500012966      No PPP                                 89.87
      8500012986      6 Months interest on 80%                  80
      8500012916      1% on 100%                             74.85
      8500012920      5% on 100%                             79.71
      8500012928      5% on 100%                             89.64
      8500012932      5% on 100%                             79.89
      8500012935      5% on 100%                              35.5
      8500012996      6 Months interest on 80%               79.87
      8500012998      6 Months interest on 80%               69.82
      8500013005      6 Months interest on 80%               59.64
      8500013008      6 Months interest on 80%               73.64
      8500013011      6 Months interest on 80%                46.1
      8500012957      5% on 100%                             89.47
      8500012959      2% on 100%                             88.69
      8500012960      No PPP                                 89.89
      8500012967      3% on 100%                             42.92
      8500012997      6 Months interest on 80%               69.89
      8500013014      6 Months interest on 80%               64.95
      8500013021      6 Months interest on 80%               64.39
      8500013029      No PPP                                 37.21
      8500013037      6 Months interest on 80%               74.87
      8500013047      1% on 100%                             89.77
      8500013125      6 Months interest on 80%               41.93
      8500013127      No PPP                                 50.76
      8500013130      No PPP                                 53.76
      8500013131      6 Months interest on 80%               63.42
      8500013136      No PPP                                    80
      8500013001      6 Months interest on 80%               62.88
      8500013009      6 Months interest on 80%               68.39
      8500013015      6 Months interest on 80%                  80
      8500013018      6 Months interest on 80%                79.8
      8500013026      6 Months interest on 80%               79.93
      8500013138      6 Months interest on 80%               74.94
      8500013141      No PPP                                 64.25
      8500013150      6 Months interest on 80%               52.35
      8500013152      6 Months interest on 80%               42.26
      8500013158      6 Months interest on 80%               74.94
      8500013054      6 Months interest on 80%                74.9
      8500013059      6 Months interest on 80%                  80
      8500013126      6 Months interest on 80%               68.44
      8500013132      6 Months interest on 80%               40.86
      8500013134      6 Months interest on 80%               79.87
      8500013169      6 Months interest on 80%               73.79
      8500013224      6 Months interest on 80%               77.98
      8500013225      6 Months interest on 80%               69.67
      8500013231      6 Months interest on 80%               73.05
      8500013252      No PPP                                 64.13
      8500013140      6 Months interest on 80%                  80
      8500013147      No PPP                                    80
      8500013151      6 Months interest on 80%               22.43
      8500013160      No PPP                                 79.96
      8500013164      No PPP                                 71.02
      8500013269      6 Months interest on 80%               79.88
      8500013274      6 Months interest on 80%                  50
      8500013281      6 Months interest on 80%               23.63
      8500013296      6 Months interest on 80%                69.9
      8500013299      2% on 100%                             69.88
      8500013166      6 Months interest on 80%                  80
      8500013171      No PPP                                    80
      8500013181      6 Months interest on 80%                60.5
      8500013189      6 Months interest on 80%                  80
      8500013190      6 Months interest on 80%                73.8
      8500013303      5%-4%-3% on 100%                       79.89
      8500013309      No PPP                                 49.92
      8500013546      6 Months interest on 80%               79.93
      8500013624      2% on 100%                             77.99
      8500013630      2% on 100%                             77.87
      8500013198      6 Months interest on 80%                  75
      8500013202      2% on 100%                                75
      8500013232      6 Months interest on 80%               57.72
      8500013236      No PPP                                    80
      8500013259      6 Months interest on 80%                  80
      8500013640      No PPP                                 79.96
      8500013647      No PPP                                 79.79
      8600012901      6 Months interest on 80%                  70
      8600014025      6 Months interest on 80%                22.9
      8600014228      6 Months interest on 80%               79.88
      8500013263      No PPP                                 69.91
      8500013270      6 Months interest on 80%                60.4
      8500013277      6 Months interest on 80%               79.87
      8500013292      6 Months interest on 80%               67.03
      8500013301      2% on 100%                             27.73
      8500013312      No PPP                                 62.49
      8500013541      6 Months interest on 80%               79.88
      8500013635      No PPP                                    80
      8500013639      No PPP                                 55.02
      8500013644      No PPP                                 70.02
      8500013649      No PPP                                 64.95
      8500013651      No PPP                                 64.68
      8600013688      6 Months interest on 80%               74.38
      8600013791      6 Months interest on 80%               52.88
      8600013867      No PPP                                    80
      8600013922      No PPP                                 79.95
      8600013929      No PPP                                    80
      8600013967      6 Months interest on 80%               79.89
      8600014004      6 Months interest on 80%                  80
      8600014013      6 Months interest on 80%               44.65
        98422991      6 Months interest on 80%               79.94
        98423676      6 Months interest on 80%               77.03
      1312004483      6 Months interest on 80%               78.14
      1101003523      No PPP                                    80
      1301002146      6 Months interest on 80%               79.98
      8500012340      No PPP                                 57.03
      8500012282      No PPP                                 70.34
      8500012620      2% on 100%                             64.84
      8500012782      No PPP                                 77.99
      8500012277      4% on 100%                             72.57
      8600013857      6 Months interest on 80%                  80
      8600014519      6 Months interest on 80%                  80
      8600014525      6 Months interest on 80%                  80
      8600014608      6 Months interest on 80%                  80
      8600014663      6 Months interest on 80%                  80
      8600014792      6 Months interest on 80%               79.98
      8600014096      No PPP                                 79.87
      8600014163      6 Months interest on 80%                  80
      8600014312      No PPP                                 79.87
      8600014345      No PPP                                    85
      8600014668      No PPP                                 79.95
      8500012777      2% on 100%                             77.99
      8500012778      2% on 100%                             77.99
      8500012616      No PPP                                 77.84
        99692477      No PPP                                    80
        86189057      6 Months interest on 80%               79.91
      8500012796      2% on 100%                             77.99
        99582595      2% on 100%                             79.85
        97504872      6 Months interest on 80%                  80
        97914873      6 Months interest on 80%               71.05
        97917157      6 Months interest on 80%               89.98
        98115439      6 Months interest on 80%                89.9
        98117237      6 Months interest on 80%               89.86
        98383599      No PPP                                 89.45
        98057391      6 Months interest on 80%               85.75
        99305674      6 Months interest on 80%                79.8
        98459431      No PPP                                 79.91
        99534919      6 Months interest on 80%               89.88
        98462153      6 Months interest on 80%               53.95
        40598854      No PPP                                 79.62
      8500012278      4% on 100%                             79.83
        97769517      6 Months interest on 80%               72.58
        99148918      6 Months interest on 80%                  60
        99469074      6 Months interest on 80%               64.87
        98761992      2% on 100%                             68.68
       145943866      6 Months interest on 80%               76.74
      1706102317      No PPP                                    80
      8500012309      4% on 100%                             69.82
      1707101129      6 Months interest on 80%               62.34
      8500012665      6 Months interest on 80%               74.98
      8500012334      4% on 100%                             79.81
      8500012329      4% on 100%                             64.77
       151741485      6 Months interest on 80%               89.82
        98056872      6 Months interest on 80%               45.24
        40601373      No PPP                                 94.76
        40616908      No PPP                                 93.86
       150518686      6 Months interest on 80%                51.8
        96247838      6 Months interest on 80%               83.58
        40583338      No PPP                                 94.81
        40612656      No PPP                                 89.87
        40620038      No PPP                                 99.87
        40620436      No PPP                                 77.66
        98296916      6 Months interest on 80%                  85
      8500012066      6 Months interest on 80%               61.83
      8500012650      6 Months interest on 80%               61.67
      8500012444      6 Months interest on 80%               69.89
      8500012285      4% on 100%                              79.8
        98433758      No PPP                                 84.94
        98196553      No PPP                                  58.1
        98438310      6 Months interest on 80%               62.67
       151898806      No PPP                                 89.72
        98199839      6 Months interest on 80%               59.05
        99185076      6 Months interest on 80%               89.94
      8500012617      No PPP                                 78.98
      1308004605      1% on 80%                                 80
      1901025748      6 Months interest on 80%               20.76
      1310012713      6 Months interest on 80%                79.9
      1309008892      1% on 80%                                 80
      1311005107      1% on 80%                              79.94
      8500012045      6 Months interest on 80%                  75
      8500012655      No PPP                                    80
        97703110      6 Months interest on 80%               85.79
      8500012341      4% on 100%                              79.8
      1105115142      No PPP                                 79.94
      1707101280      No PPP                                 42.55
      8500012630      No PPP                                 77.98
        99032039      6 Months interest on 80%               89.38
        98779317      6 Months interest on 80%               59.29
       151758703      6 Months interest on 80%                93.7
       151850625      6 Months interest on 80%               84.82
        98467111      No PPP                                 79.92
      8500012629      No PPP                                 79.83
      8600013651      3% on 100%                                80
      8500012439      6 Months interest on 80%               64.91
      8500012633      No PPP                                    80
      8500012062      6 Months interest on 80%               50.33
      8500012638      No PPP                                 77.82
      1115103486      6 Months interest on 80%               67.44
      8500012780      2% on 100%                                78
      8500012619      No PPP                                 94.77
      8600013732      6 Months interest on 80%               73.97
      8600013808      6 Months interest on 80%               46.93
      1706102332      6 Months interest on 80%                  80
        98016595      6 Months interest on 80%               77.97
       151534203      6 Months interest on 80%               79.79
       151798584      6 Months interest on 80%               79.81
        98301716      6 Months interest on 80%               54.62
        98151954      No PPP                                 84.78
        99165078      No PPP                                 88.46
      1105002004      6 Months interest on 80%               59.95
      1105115009      No PPP                                 73.57
      1105115209      No PPP                                 79.97
      1105115281      3 Months interest on 100%                 80
      1105115299      No PPP                                 56.98
        97951073      6 Months interest on 80%               58.03
        98001837      No PPP                                 83.59
        97393516      6 Months interest on 80%               74.74
       151620606      6 Months interest on 80%               78.23
      8600013815      No PPP                                  78.8
      8500012337      4% on 100%                             79.66
      8500012664      No PPP                                 75.51
      8500012754      6 Months interest on 80%                  75
      1326001099      6 Months interest on 80%                74.9
      1310012379      6 Months interest on 80%               94.83
      1901025911      No PPP                                  69.4
      1310012736      1% on 80%                              79.89
        99081119      No PPP                                    85
        98747710      6 Months interest on 80%               57.25
        99139917      6 Months interest on 80%               94.91
        98580319      6 Months interest on 80%               46.59
        98820590      6 Months interest on 80%               89.82
        99107435      6 Months interest on 80%               44.32
        97775951      6 Months interest on 80%                62.7
        99047714      No PPP                                 84.75
        98454432      6 Months interest on 80%               61.07
        98226756      6 Months interest on 80%               84.77
        97893317      6 Months interest on 80%               64.88
       151524600      6 Months interest on 80%               94.74
        97597116      No PPP                                 79.77
      8500012623      No PPP                                 77.99
      8500012624      No PPP                                 54.87
       151964889      No PPP                                 84.81
      8500012785      No PPP                                 74.58
      8500012627      No PPP                                    80
      8500012054      6 Months interest on 80%                62.3
      1707101025      6 Months interest on 80%                  80
      1701122992      6 Months interest on 80%                  80
      8500012779      No PPP                                    75
        98889470      6 Months interest on 80%               84.79
        99038275      6 Months interest on 80%               79.89
      1125100092      1% on 80%                              84.73
      1301002087      No PPP                                 99.83
      1301002107      No PPP                                 79.89
      1304007686      No PPP                                 99.94
      1304007721      No PPP                                 72.22
      1309008918      1% on 80%                                 80
      1309008926      1% on 80%                              76.39
      1309008991      1% on 80%                                 80
      1309008995      1% on 80%                                 80
      1310012789      1% on 80%                                 80
      1311005001      6 Months interest on 80%                65.6
      1311005127      1% on 80%                                 80
      1323001912      6 Months interest on 80%                  80
      1326001249      1% on 80%                              79.93
      1327000332      1% on 80%                              79.99
      1701123292      6 Months interest on 80%                  74
      1701123528      6 Months interest on 80%               59.32
      1701123543      6 Months interest on 80%                75.8
      1701123556      6 Months interest on 80%                  80
      1701123559      6 Months interest on 80%                  80
      1701123677      No PPP                                 79.97
      1701123678      6 Months interest on 80%               79.99
      1701123709      No PPP                                 79.93
      1701123793      No PPP                                 79.94
      1701123876      6 Months interest on 80%               79.93
      1701123909      No PPP                                 89.53
      1701123911      No PPP                                 87.14
      1701124027      6 Months interest on 80%                77.3
      1701124120      6 Months interest on 80%                70.1
      1701124142      6 Months interest on 80%               55.57
      1701124189      6 Months interest on 80%               64.95
      1701124227      No PPP                                    80
      1701124262      No PPP                                 66.63
      1701124267      6 Months interest on 80%                  80
      1706102386      No PPP                                 73.86
      1706102404      6 Months interest on 80%                  80
      1706102477      No PPP                                    80
      1706102500      No PPP                                    80
      1706102504      No PPP                                    80
      1706102553      6 Months interest on 80%                  80
      1707101292      6 Months interest on 80%               64.88
      1707101368      6 Months interest on 80%               94.99
      1707101547      No PPP                                    80
      1707101575      No PPP                                    80
      1707101584      No PPP                                 28.56
      1707101585      No PPP                                    80
      1707101629      No PPP                                 79.86
      1707101750      6 Months interest on 80%               68.18
      1707101840      No PPP                                    80
      1901026956      No PPP                                    90
      8500012713      No PPP                                    80
      8500012757      2 Months interest on 67%               79.84
      8500012760      2% on 100%                             79.94
      8500012767      2 Months interest on 67%               40.25
      8500012773      2% on 100%                                80
      8500012775      1% on 100%                             79.86
      8500012816      No PPP                                    80
      8500012897      No PPP                                    75
      8500012900      5% on 100%                             94.41
      8500012901      5% on 100%                             67.34
      8500012908      2 Months interest on 80%               79.89
      8500012915      5% on 100%                             64.54
      8500012917      2% on 100%                             65.38
      8500012919      5% on 100%                             89.81
      8500012924      1% on 100%                             89.75
      8500012926      3% on 100%                             65.68
      8500012945      5% on 100%                             79.89
      8500012948      5% on 100%                             79.88
      8500012953      5% on 100%                             59.64
      8500012956      5% on 100%                             71.72
      8500012958      1% on 100%                             94.78
      8500012963      5% on 100%                             79.31
      8500012968      3% on 100%                             58.37
      8500012991      6 Months interest on 80%               56.72
      8500012999      6 Months interest on 80%               69.88
      8500013019      6 Months interest on 80%                  80
      8500013020      6 Months interest on 80%                  80
      8500013027      6 Months interest on 80%                77.1
      8500013039      6 Months interest on 80%                79.8
      8500013123      6 Months interest on 80%               79.28
      8500013135      No PPP                                 65.38
      8500013142      No PPP                                    80
      8500013148      6 Months interest on 80%               79.86
      8500013153      6 Months interest on 80%                  80
      8500013154      6 Months interest on 80%               69.76
      8500013155      6 Months interest on 80%               17.21
      8500013159      No PPP                                 62.26
      8500013163      6 Months interest on 80%               58.99
      8500013170      6 Months interest on 80%               53.66
      8500013174      6 Months interest on 80%                  80
      8500013204      6 Months interest on 80%                  80
      8500013235      6 Months interest on 80%                  70
      8500013244      6 Months interest on 80%               22.91
      8500013245      6 Months interest on 80%               68.94
      8500013278      6 Months interest on 80%               68.33
      8500013294      No PPP                                 69.93
      8500013311      3% on 100%                             79.54
      8500013543      6 Months interest on 80%               79.87
      8500013549      6 Months interest on 80%                  80
      8500013619      2% on 100%                             77.98
      8500013626      2% on 100%                              77.9
      8500013634      No PPP                                 49.35
      8500013642      No PPP                                    80
      8600013788      6 Months interest on 80%               46.33
      8600013842      6 Months interest on 80%                  80
      8600013852      6 Months interest on 80%               79.97
      8600014005      6 Months interest on 80%               70.84
      8600014092      No PPP                                 79.94
      8600014098      6 Months interest on 80%               78.07
      8600014200      6 Months interest on 80%               79.87
        40622880      No PPP                                 99.87
        97818595      6 Months interest on 80%               84.31
        97732630      6 Months interest on 80%               89.68
        98069511      6 Months interest on 80%               64.82
        97407514      6 Months interest on 80%                79.8
        97673636      No PPP                                 74.84
        97291835      No PPP                                 89.77
        97736151      No PPP                                 63.97
        97958912      6 Months interest on 80%                93.1
        97421077      No PPP                                 74.59
        95894317      6 Months interest on 80%               63.21
        97427876      6 Months interest on 80%               84.21
        97520670      No PPP                                 87.44
        97520951      6 Months interest on 80%                84.7
        98666597      6 Months interest on 80%               84.27
        97136832      6 Months interest on 80%               94.73
        97965636      6 Months interest on 80%               67.23
        97156350      6 Months interest on 80%               74.85
        96733191      6 Months interest on 80%               94.78
        98041510      2% on 100%                              89.7
        97496715      6 Months interest on 80%               94.65
      1105115567      No PPP                                 88.47
      1105115649      6 Months interest on 80%               79.94
      1105116076      No PPP                                 38.97
      1115103528      6 Months interest on 80%               74.95
      1115103541      6 Months interest on 80%               89.93
      1115103548      6 Months interest on 80%               94.95
      1115103590      6 Months interest on 80%               79.94
      1115103603      6 Months interest on 80%                  80
      1115103610      6 Months interest on 80%                  80
      1115103645      6 Months interest on 80%                  70
      1115103676      6 Months interest on 80%                  90
      1115103703      No PPP                                    95
      1115103761      6 Months interest on 80%               69.18
      1115103859      6 Months interest on 80%                  80
      8600014218      No PPP                                 79.88
      8600014231      6 Months interest on 80%                69.8
      8600014354      6 Months interest on 80%                  80
      8600014375      No PPP                                 89.86
      8600014566      6 Months interest on 80%               66.25
      1122000171      6 Months interest on 80%               75.67
      1124001262      6 Months interest on 80%               67.64
      1124001329      6 Months interest on 80%               79.18
      1124001386      3 Months interest on 100%               78.2
      1125100093      1% on 80%                              89.72
      1125100151      2% on 100%                                80
      1125100224      6 Months interest on 80%                  80
      1301002120      6 Months interest on 80%               51.62
      1301002176      6 Months interest on 80%               79.99
        97500797      No PPP                                    80
        98928914      6 Months interest on 80%               79.89
      8500012621      No PPP                                 79.83
      1115103423      6 Months interest on 80%                  80
      8500012333      4% on 100%                             79.85
      8500012804      No PPP                                 74.99
      1111002091      No PPP                                 79.99
      1313003797      1% on 80%                              78.74
      1309008887      1% on 80%                              79.73
      8500012799      2% on 100%                             77.99
      8500012042      No PPP                                 79.72
        98186679      6 Months interest on 80%               61.62
        98432834      6 Months interest on 80%               79.93
        99007072      6 Months interest on 80%               74.92
        98623119      6 Months interest on 80%               79.83
        99401317      6 Months interest on 80%               89.75
        97753313      No PPP                                 94.77
        99077919      6 Months interest on 80%               76.47
      1301002062      6 Months interest on 80%                  80
      1105114914      1% on 100%                             22.47
      1122000140      6 Months interest on 80%               84.84
        97287551      6 Months interest on 80%               79.82
        99441115      No PPP                                 91.03
        98028756      6 Months interest on 80%               74.26
        98784275      5%-4%-3% on 100%                       79.83
        99392318      6 Months interest on 80%                64.5
      1313003792      1% on 80%                              79.95
        98807316      6 Months interest on 80%               89.88
        98723034      6 Months interest on 80%                  85
        98063118      6 Months interest on 80%               63.39
        97650436      6 Months interest on 80%                  80
       151569829      No PPP                                  84.8
        97193478      6 Months interest on 80%               84.08
        98391238      6 Months interest on 80%               77.69
        97779474      6 Months interest on 80%               89.73
        97376958      6 Months interest on 80%               64.61
        98284870      No PPP                                 94.82
        98128754      6 Months interest on 80%               79.91
        97783757      6 Months interest on 80%               64.74
        98811631      6 Months interest on 80%               89.88
        98865470      6 Months interest on 80%                78.2
       151757762      6 Months interest on 80%               87.97
        99333395      No PPP                                 63.24
        40616690      No PPP                                 78.94
        98979636      No PPP                                 84.71
       150839926      6 Months interest on 80%               89.73
      1701123097      6 Months interest on 80%               49.92
      8500012795      No PPP                                 74.99
      8500012649      6 Months interest on 80%               64.84
      8500012648      No PPP                                 74.42
      8500012643      No PPP                                    75
      8500012752      6 Months interest on 80%                  80
      8500012290      4% on 100%                             64.84
      8500012060      No PPP                                    80
      8500012443      6 Months interest on 80%               61.07
      8500012635      6 Months interest on 80%               62.69
      8500012976      6 Months interest on 80%               55.32
      1706102352      No PPP                                 79.87
        98349038      No PPP                                 92.45
      1309008878      1% on 80%                              79.89
      1326001195      6 Months interest on 80%                47.7
      1310012803      6 Months interest on 80%                  80
      1312004542      6 Months interest on 80%                  80
      1310012797      6 Months interest on 80%                  80
      1328000218      1% on 80%                              79.86
      8600013718      6 Months interest on 80%               79.98
      8600013823      6 Months interest on 80%                  80
      8500012658      No PPP                                 28.09
      1701123095      6 Months interest on 80%                  80
      8600013813      6 Months interest on 80%               76.62
      1105115119      1% on 80%                              87.83
      8500012035      6 Months interest on 80%               69.99
      8500012654      No PPP                                 77.99
      8500012450      6 Months interest on 80%                  70
      8500012801      No PPP                                 82.24
      8600013931      6 Months interest on 80%               79.94
      8500012751      6 Months interest on 80%                  70
        97780035      2 Months interest on 100%              71.51
        99339194      No PPP                                 88.74
        97996953      6 Months interest on 80%               58.96
      1701123275      No PPP                                    75
      1707101205      6 Months interest on 80%                  80
      1707101329      No PPP                                    80
      8500012058      6 Months interest on 80%                  80
      8500012974      6 Months interest on 80%                28.4
      1705000813      No PPP                                 79.99
      8500012637      No PPP                                    80
        99020679      6 Months interest on 80%               79.83
      8500012280      4% on 100%                             64.81
        97670392      6 Months interest on 80%               79.89
       151797065      6 Months interest on 80%               81.33
        86077732      1% on 80%                                 80
        98912751      1% on 100%                             89.83
      1104001621      No PPP                                    89
      1105115231      No PPP                                 79.97
      1105115310      6 Months interest on 80%               94.93
      1105115402      No PPP                                  79.6
        97206916      6 Months interest on 80%               74.87
       151201167      No PPP                                 71.95
        98012073      6 Months interest on 80%               61.81
      8500012298      4% on 100%                             79.81
      8500012789      No PPP                                 77.99
      8500012644      No PPP                                 63.32
      8500012645      No PPP                                    95
      1105114669      No PPP                                 79.95
      1701123337      6 Months interest on 80%               79.99
      8500012338      4% on 100%                             79.82
      8500012659      No PPP                                    75
      8600013871      No PPP                                 74.14
        98112030      6 Months interest on 80%               57.63
        99106114      6 Months interest on 80%               74.79
        98820871      6 Months interest on 80%               72.05
        98772437      No PPP                                 79.72
       151862083      6 Months interest on 80%               83.27
        98914633      6 Months interest on 80%               79.83
        98921992      6 Months interest on 80%               79.32
        99172637      No PPP                                 84.84
       150473163      6 Months interest on 80%               84.71
        98510233      6 Months interest on 80%               79.86
       148973407      1% on 80%                              89.82
        97037790      6 Months interest on 80%               79.72
        97576599      6 Months interest on 80%               79.84
       151527322      6 Months interest on 80%                  85
        97596993      6 Months interest on 80%               79.84
      8500012749      6 Months interest on 80%                  80
      8500012440      6 Months interest on 80%               97.64
      8500012784      No PPP                                 77.99
      1701123665      No PPP                                    80
      1115103421      6 Months interest on 80%               59.41
      8600013805      3% on 100%                             72.96
      1701123016      6 Months interest on 80%                  80
       141007880      6 Months interest on 80%               85.25
       151785920      6 Months interest on 80%               89.67
        98327117      6 Months interest on 80%               77.75
      1304007771      1% on 80%                              75.98
      1308004726      6 Months interest on 80%               79.92
      1309008947      1% on 80%                              79.94
      1309008951      1% on 80%                                 80
      1309009016      1% on 80%                                 80
      1310012287      No PPP                                 99.73
      1310012794      1% on 80%                                 80
      1323001833      6 Months interest on 80%                  80
      1326001148      1% on 80%                                 80
      1326001186      1% on 80%                              79.93
      1701123010      6 Months interest on 80%               62.41
      1701123237      No PPP                                    80
      1701123273      No PPP                                    80
      1701123347      6 Months interest on 80%               79.97
      1701123358      6 Months interest on 80%                  80
      1701123479      6 Months interest on 80%                  80
      1701123517      2% on 100%                                95
      1701123518      No PPP                                    80
      1701123529      6 Months interest on 80%                  80
      1701123567      2% on 100%                                80
      1701123581      No PPP                                    80
      1701123644      6 Months interest on 80%                  80
      1701123691      6 Months interest on 80%                  80
      1701123870      No PPP                                 79.97
      1701123898      6 Months interest on 80%               79.36
      1701123902      No PPP                                 78.62
      1701123941      6 Months interest on 80%                  80
      1701123972      No PPP                                    80
      1701124003      6 Months interest on 80%                  80
      1701124018      No PPP                                  63.2
      1701124031      No PPP                                    80
      1701124063      6 Months interest on 80%               69.94
      1701124077      6 Months interest on 80%               26.29
      1701124098      6 Months interest on 80%               79.91
      1701124109      6 Months interest on 80%                  80
      1701124119      6 Months interest on 80%                  80
      1701124217      6 Months interest on 80%                  80
      1701124352      6 Months interest on 80%                  80
      1705000811      6 Months interest on 80%                79.5
      1706102330      6 Months interest on 80%               79.97
      1706102381      6 Months interest on 80%                  80
      1706102414      No PPP                                    80
      1706102450      No PPP                                    80
      1706102470      6 Months interest on 80%                  80
      1706102474      6 Months interest on 80%               64.94
      1707101351      6 Months interest on 80%               74.98
      1707101456      6 Months interest on 80%               94.96
      1707101671      No PPP                                    80
      1707101677      6 Months interest on 80%                  80
      1707101697      No PPP                                 79.99
      1707101770      6 Months interest on 80%                  80
      1901026518      No PPP                                 68.06
      1901026622      6 Months interest on 80%               56.94
      8500012700      No PPP                                    80
      8500012755      2% on 100%                             79.99
      8500012762      2 Months interest on 67%                  80
      8500012765      2 Months interest on 67%                  80
      8500012768      1% on 100%                             79.87
      8500012770      2 Months interest on 67%               79.94
      8500012774      No PPP                                 79.34
      8500012808      No PPP                                 79.75
      8500012821      No PPP                                  79.8
      8500012822      No PPP                                 74.02
      8500012827      No PPP                                 79.78
      8500012830      No PPP                                 79.83
      8500012856      No PPP                                 69.75
      8500012881      No PPP                                 79.77
      8500012898      No PPP                                 78.13
      8500012923      5% on 100%                             94.87
      8500012925      No PPP                                 84.87
      8500012934      2% on 100%                             84.81
      8500012937      1% on 100%                             78.96
      8500012944      1% on 100%                             89.89
      8500012955      5% on 100%                             74.87
      8500012964      No PPP                                 89.76
      8500012985      6 Months interest on 80%               79.56
      8500013007      6 Months interest on 80%                  80
      8500013016      6 Months interest on 80%                79.8
      8500013024      6 Months interest on 80%                79.8
      8500013025      6 Months interest on 80%               71.02
      8500013028      6 Months interest on 80%               63.97
      8500013031      6 Months interest on 80%                  75
      8500013033      6 Months interest on 80%               38.85
      8500013041      6 Months interest on 80%               68.12
      8500013121      No PPP                                  72.5
      8500013124      No PPP                                    80
      8500013137      6 Months interest on 80%                34.8
      8500013139      6 Months interest on 80%                43.3
      8500013144      6 Months interest on 80%               62.73
      8500013145      6 Months interest on 80%               68.85
      8500013149      6 Months interest on 80%               79.19
      8500013187      2% on 100%                             77.99
      8500013209      2% on 100%                                90
      8500013214      6 Months interest on 80%               71.89
      8500013230      6 Months interest on 80%               57.45
      8500013239      6 Months interest on 80%               61.22
      8500013247      No PPP                                 79.83
      8500013253      No PPP                                 46.65
      8500013268      6 Months interest on 80%               79.89
      8500013280      3% on 100%                             69.88
      8500013284      6 Months interest on 80%               49.68
      8500013285      6 Months interest on 80%               49.68
      8500013542      6 Months interest on 80%               79.88
      8500013545      6 Months interest on 80%               79.87
      8500013548      2%,1%                                  79.87
      8500013615      No PPP                                    80
      8500013633      No PPP                                 21.41
      8600013951      6 Months interest on 80%                  80
      8600014094      6 Months interest on 80%                  80
      8600014113      6 Months interest on 80%                  80
      8600014196      6 Months interest on 80%               46.77
      8600014504      6 Months interest on 80%               89.97
      8600014596      6 Months interest on 80%                  80
      8600014951      6 Months interest on 80%               53.41
 


SCHEDULE 2
 
PREPAYMENT CHARGE SCHEDULE