Common use of Securities Exchange Act Clause in Contracts

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)

Securities Exchange Act. Unissued checks are safeguarded so as to 1122(d)(2)(vi) prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days 1122(d)(2)(vii) specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- --------------- ---------------- Reports to investors, including those to be 1122(d)(3)(i) filed W-2 ------------------------------------------------------------------------------ Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------ Reference Criteria ------------------------------------------------------------------------------ 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)Servicer. --------------- ---------------- Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set 1122(d)(3)(ii) forth in the transaction agreements. --------------- ---------------- Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction 1122(d)(3)(iii) agreements. --------------- ---------------- Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank statements. --------------- ---------------- Pool Asset Administration --------------- ---------------- Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan 1122(d)(4)(i) documents. --------------- ---------------- Mortgage loan and related documents are safeguarded as required by the transaction 1122(d)(4)(ii) agreements. --------------- ---------------- Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction 1122(d)(4)(iii) agreements. --------------- ---------------- Payments on mortgage loans, including any payoffs, made in accordance with the related 1122(d)(4)(iv) mortgage loan documents are posted to the --------------- ---------------- W-3

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) prevent unauthorized access. ----------------------------------------------------------------------------------------------------------------- ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Reconciliations are prepared on a monthly X X X 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days 1122(d)(2)(vii) specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ INVESTOR REMITTANCES AND REPORTING ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(3)(i) Reports to investors, including those to be X X X 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 X principal balance and number of mortgage loans Pool Assets serviced by the 1122(d)(3)(iServicer. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Amounts due to investors are allocated and X X X remitted in accordance with timeframes, distribution priority and other terms set 1122(d)(3)(ii) forth in the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Disbursements made to an investor are posted X X X within two business days to the Servicer's investor records, or such other number of 1122(d)(3)(iii) days specified in the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Amounts remitted to investors per the X X X investor reports agree with cancelled checks, or other form of payment, or custodial bank 1122(d)(3)(iv) statements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ POOL ASSET ADMINISTRATION ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(4)(i) Collateral or security on pool assets is X X maintained as required by the transaction agreements or related pool asset documents. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(4)(ii) Pool assets and related documents are X X safeguarded as required by the transaction agreements ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(4)(iii) Any additions, removals or substitutions to X X X the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(4)(iv) Payments on pool assets, including any X payoffs, made in accordance with the related pool asset documents are posted to the Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related pool asset documents. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ The Servicer's records regarding the pool X assets agree with the Servicer's records with respect to an obligor's unpaid principal 1122(d)(4)(v) balance. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Changes with respect to the terms or status X X 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 1122(d)(4)(vi) and related pool asset documents. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Loss mitigation or recovery actions (e.g., X X 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 1122(d)(4)(vii) established by the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Records documenting collection efforts are X 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 1122(d)(4)(viii) unemployment). ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(4)(ix) Adjustments to interest rates or rates of X X return for pool assets with variable rates are computed based on the related pool asset documents. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ 1122(d)(4)(x) Regarding any funds held in trust for an X 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. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Payments made on behalf of an obligor (such X as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days 1122(d)(4)(xi) specified in the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Any late payment penalties in connection with X any payment to be made on behalf of an obligor are paid from the Servicer's funds and not charged to the obligor, unless the late payment 1122(d)(4)(xii) was due to the obligor's error or omission. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Disbursements made on behalf of an obligor X are posted within two business days to the obligor's records maintained by the servicer, or such other number of days specified in the 1122(d)(4)(xiii) transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Delinquencies, charge-offs and uncollectible X X accounts are recognized and recorded in 1122(d)(4)(xiv) accordance with the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ Any external enhancement or other support, X identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as 1122(d)(4)(xv) set forth in the transaction agreements. ----------------- ----------------------------------------------- ---------- -------- --------- -------- ------------ EXHIBIT O 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 Trustee pursuant to Section 3.25(a)(iv). If the Trustee is indicated below as to any item, then the Trustee is primarily responsible for obtaining that information. Under Item 1 of Form 10-D: a) items marked "6.07 statement" are required to be included in the periodic Distribution Date statement under Section 6.07, provided by the Trustee based on information received from the Master Servicer; and b) items marked "Form 10-D report" are required to be in the Form 10-D report but not the 6.07 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.

Securities Exchange Act. Unissued checks are X safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------------------- --------- ---------- ------------ 1122(d)(2)(vii) Reconciliations are X X X 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- --------------- ---------------------------- --------- ---------- ------------ INVESTOR REMITTANCES AND REPORTING --------------- ---------------------------- --------- ---------- ------------ 1122(d)(3)(i) Reports to investors, X X X 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 X principal balance and number of mortgage loans Pool Assets serviced by the 1122(d)(3)(iServicer. --------------- ---------------------------- --------- ---------- ------------ Amounts due to investors X X X are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the 1122(d)(3)(ii) transaction agreements. --------------- ---------------------------- --------- ---------- ------------ Disbursements made to an X X X investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction 1122(d)(3)(iii) agreements. --------------- ---------------------------- --------- ---------- ------------ Amounts remitted to X X X investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank statements. --------------- ---------------------------- --------- ---------- ------------ POOL ASSET ADMINISTRATION --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(i) Collateral or security on X X pool assets is maintained as required by the transaction agreements or related pool asset documents. --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(ii) Pool assets and related X X documents are safeguarded as required by the transaction agreements --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(iii) Any additions, removals or X X substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(iv) Payments on pool assets, X including any payoffs, made in accordance with the related pool asset documents are posted to the Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related pool asset documents. --------------- ---------------------------- --------- ---------- ------------ The Servicer's records X regarding the pool assets agree with the Servicer's records with respect to an obligor's unpaid principal 1122(d)(4)(v) balance. --------------- ---------------------------- --------- ---------- ------------ Changes with respect to X X 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 1122(d)(4)(vi) documents. --------------- ---------------------------- --------- ---------- ------------ Loss mitigation or X X 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 1122(d)(4)(vii) agreements. --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(viii) Records documenting X 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). --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(ix) Adjustments to interest X X rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents. --------------- ---------------------------- --------- ---------- ------------ 1122(d)(4)(x) Regarding any funds held X 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. --------------- ---------------------------- --------- ---------- ------------ Payments made on behalf of X an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction 1122(d)(4)(xi) agreements. --------------- ---------------------------- --------- ---------- ------------ Any late payment penalties X in connection with any payment to be made on behalf of an obligor are paid from the Servicer's funds and not charged to the obligor, unless the late payment was due to the obligor's error or 1122(d)(4)(xii) omission. --------------- ---------------------------- --------- ---------- ------------ ) Disbursements made on X behalf of an obligor are posted within two business days to the obligor's records maintained by the servicer, or such other number of days specified in the transaction 1122(d)(4)(xiii agreements. --------------- ---------------------------- --------- ---------- ------------ Delinquencies, charge-offs X and uncollectible accounts are recognized and recorded in accordance with the transaction 1122(d)(4)(xiv) agreements. --------------- ---------------------------- --------- ---------- ------------ Any external enhancement X 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 1122(d)(4)(xv) agreements. --------------- ---------------------------- --------- ---------- ------------ ------------ * Subject to clarification from the SEC. EXHIBIT D ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT This is an Assignment, Assumption and Recognition Agreement (this "AAR Agreement") made as of February 28, 2006, among Citigroup Global Markets Realty Corp. (the "Assignor"), Wells Fargo Bank, N.A. (xxx "Company") and U.S. Bank National Association, as trustee (the "Assignee") for the benefit of the holders of Citigroup Mortgage Loan Trust 2006-WFHE1, Asset-Backed Pass-Through Certificates, Series 2006-WFHE1. In consideration of the mutual promises contained herein the parties hereto agree that (i) the residential mortgage loans (the "Assigned Loans") listed on Attachment 1 annexed hereto (the "Assigned Loan Schedule") and (ii) the Master Mortgage Loan Purchase Agreement (the "Agreement"), dated as of November 1, 2005, between the Assignor and the Company, pursuant to which the Assigned Loans were purchased by the Assignor from the Company, shall be subject to the terms of this AAR Agreement. Capitalized terms used herein but not defined shall have the meanings ascribed to them in the Agreement.

Securities Exchange Act. Unissued checks are safeguarded so as to 1122(d)(2)(vi) prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days 1122(d)(2)(vii) specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- --------------- ---------------- Reports to investors, including those to be 1122(d)(3)(i) filed W-2 ------------------------------------------------------------------------------ Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------ Reference Criteria ------------------------------------------------------------------------------ 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(iServicer. --------------- ---------------- Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set 1122(d)(3)(ii) forth in the transaction agreements. --------------- ---------------- Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction 1122(d)(3)(iii) agreements. --------------- ---------------- Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank statements. --------------- ---------------- Pool Asset Administration --------------- ---------------- Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan 1122(d)(4)(i) documents. --------------- ---------------- Mortgage loan and related documents are safeguarded as required by the transaction 1122(d)(4)(ii) agreements. --------------- ---------------- Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction 1122(d)(4)(iii) agreements. --------------- ---------------- Payments on mortgage loans, including any payoffs, made in accordance with the related 1122(d)(4)(iv) mortgage loan documents are posted to the --------------- ---------------- W-3 ------------------------------------------------------------------------------ Applicable Servicing Servicing Criteria Criteria ------------------------------------------------------------------------------ Reference Criteria ------------------------------------------------------------------------------ Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. --------------- ---------------- The Servicer's records regarding the mortgage loans agree with the Servicer's records with respect to an obligor's unpaid 1122(d)(4)(v) principal balance. --------------- ---------------- Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction 1122(d)(4)(vi) agreements and related pool asset documents. --------------- ---------------- 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 1122(d)(4)(vii) established by the transaction agreements. --------------- ---------------- Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity's activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed 1122(d)(4)(viii) temporary (e.g., illness or unemployment). --------------- ---------------- Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related 1122(d)(4)(ix) mortgage loan documents. --------------- ---------------- Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the 1122(d)(4)(x) obligor's --------------- ----------------

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) unauthorized access. ----------------------------------------------------------------------------------------------------------------- ------------------- ------------------------------------------------------------------------------- ---------------- Reconciliations are prepared on a monthly basis for all asset-backed X 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the 1122(d)(2)(vii) transaction agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- ------------------- ------------------------------------------------------------------------------- ---------------- INVESTOR REMITTANCES AND REPORTING ------------------- ------------------------------------------------------------------------------- ---------------- Reports to investors, including those to be filed with the Commission, are X (only with maintained in accordance with the transaction agreements and applicable respect to Commission requirements. Specifically, such reports (A) are prepared in (A), (B) and accordance with timeframes and other terms set forth in the transaction (D) 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 X principal balance and number of mortgage loans pool 1122(d)(3)(i) assets serviced by the 1122(d)(3)(i)servicer. ------------------- ------------------------------------------------------------------------------- ---------------- Amounts due to investors are allocated and remitted in accordance with X timeframes, distribution priority and other terms set forth in the 1122(d)(3)(ii) transaction agreements. ------------------- ------------------------------------------------------------------------------- ---------------- Disbursements made to an investor are posted within two business days to the X servicer's investor records, or such other number of days specified in the 1122(d)(3)(iii) transaction agreements. ------------------- ------------------------------------------------------------------------------- ---------------- Amounts remitted to investors per the investor reports agree with cancelled X 1122(d)(3)(iv) checks, or other form of payment, or custodial bank statements. ------------------- ------------------------------------------------------------------------------- ----------------

Securities Exchange Act. Unissued checks are safeguarded so as to 1122(d)(2)(vi) prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- X -------------------------------------------------------------------------------- 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 X 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days 1122(d)(2)(vii) specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 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 X 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) unauthorized access. ----------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- Reconciliations are prepared on a monthly basis for all X 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the 1122(d)(2)(vii) transaction agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------- INVESTOR REMITTANCES AND REPORTING -------------------------------------------------------------------------------------------------------------------- Reports to investors, including those to be filed with the X Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and 1122(d)(3)(i) 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)--------------------------------------------------------------------------------------------------------------------

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- ---------------------- ------------------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the transaction 1122(d)(2)(vii) agreements. ----------------------------------------------------------------------------------------------------------------- ---------------------- ------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- ---------------------- ------------------------- 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) prevent unauthorized access. ----------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- 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 X 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the transaction 1122(d)(2)(vii) agreements. ----------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------- 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 X 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) unauthorized access. ----------------------------------------------------------------------------------------------------------------- --------------------- -------------------------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the transaction 1122(d)(2)(vii) agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- --------------------- -------------------------------- INVESTOR REMITTANCES AND REPORTING --------------------- -------------------------------- 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 X principal balance and number of mortgage loans 1122(d)(3)(i) serviced by the 1122(d)(3)(i)Servicer. --------------------- -------------------------------- Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other 1122(d)(3)(ii) terms set forth in the transaction agreements. --------------------- -------------------------------- Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction 1122(d)(3)(iii) agreements. --------------------- -------------------------------- Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank statements. --------------------- -------------------------------- POOL ASSET ADMINISTRATION --------------------- -------------------------------- Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage 1122(d)(4)(i) loan documents. --------------------- -------------------------------- Mortgage loan and related documents are safeguarded as 1122(d)(4)(ii) required by the transaction agreements --------------------- -------------------------------- Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any 1122(d)(4)(iii) conditions or requirements in the transaction agreements. --------------------- -------------------------------- Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan 1122(d)(4)(iv) documents. --------------------- --------------------------------

Securities Exchange Act. Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) unauthorized access. ----------------------------------------------------------------------------------------------------------------- -------------------- ---------------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the transaction 1122(d)(2)(vii) agreements. ----------------------------------------------------------------------------------------------------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- -------------------- ---------------------- INVESTOR REMITTANCES AND REPORTING -------------------- ---------------------- 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 X principal balance and number of mortgage loans 1122(d)(3)(i) serviced by the 1122(d)(3)(i)Servicer. -------------------- ---------------------- Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other 1122(d)(3)(ii) terms set forth in the transaction agreements. -------------------- ---------------------- Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the transaction 1122(d)(3)(iii) agreements. -------------------- ---------------------- Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank 1122(d)(2)(iv) -------------------- ---------------------- POOL ASSET ADMINISTRATION -------------------- ---------------------- Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage 1122(d)(4)(i) loan documents. -------------------- ---------------------- Mortgage loan and related documents are safeguarded as required by 1122(d)(4)(ii) the transaction agreements -------------------- ---------------------- Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any 1122(d)(4)(iii) conditions or requirements in the transaction agreements. -------------------- ---------------------- Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan 1122(d)(4)(iv) documents. -------------------- ---------------------- The Servicer's records regarding the mortgage loans agree with the Servicer's records with respect to an obligor's 1122(d)(4)(v) unpaid principal balance. -------------------- ----------------------

Securities Exchange Act. 1122(d)(2)(vi Unissued checks are safeguarded so as to ) prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------------- 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days specified in the 1122(d)(2)(vii) transaction agreements. ----------------------------------------------------------------------------------------------------------------- --------------- ---------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- --------------- ---------------------- Reports to investors, including those to 1122(d)(3)(i) be filed --------------- ---------------------- W-2 -------------------------------------------------------------------------------------- Applicable Servicing Servicing Criteria Criteria -------------------------------------------------------------------------------------- Reference Criteria -------------------------------------------------------------------------------------- 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 X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)Servicer. --------------- ---------------------- Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set 1122(d)(3)(ii) forth in the transaction agreements. --------------- ---------------------- Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such other number of days specified in the 1122(d)(3)(iii) transaction agreements. --------------- ---------------------- Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank statements. --------------- ---------------------- Pool Asset Administration --------------- ---------------------- Collateral or security on mortgage loans is maintained as required by the transaction agreements or related 1122(d)(4)(i) mortgage loan documents. --------------- ---------------------- Mortgage loan and related documents are safeguarded as required by the 1122(d)(4)(ii) transaction agreements. --------------- ---------------------- Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the 1122(d)(4)(iii) transaction agreements. --------------- ---------------------- Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are 1122(d)(4)(iv) posted to the --------------- ---------------------- W-3

Securities Exchange Act. 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized X 1122(d)(2)(vi) access. ----------------------------------------------------------------------------------------------------------------- -------------------- ---------------------- Reconciliations are prepared on a monthly basis for all asset-backed 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 X calendar days of their original identification, or such other 1122(d)(2)(vii) number of days 1122(d)(2)(vii) specified in the transaction agreements. ----------------------------------------------------------------------------------------------------------------- -------------------- ---------------------- Investor Remittances and Reporting ----------------------------------------------------------------------------------------------------------------- -------------------- ---------------------- 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors' or the trustee's records as to the total unpaid X principal balance and number of mortgage loans serviced by the 1122(d)(3)(i)Servicer. -------------------- ---------------------- 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. -------------------- ---------------------- Disbursements made to an investor are posted within two business days to the Servicer's investor records, or such 1122(d)(3)(iii) other number of days specified in the transaction agreements. -------------------- ---------------------- Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or 1122(d)(3)(iv) custodial bank statements. -------------------- ---------------------- Pool Asset Administration -------------------- ---------------------- 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. -------------------- ---------------------- Mortgage loan and related documents are safeguarded as required by 1122(d)(4)(ii) the transaction agreements. -------------------- ---------------------- 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. -------------------- ---------------------- 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer's obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. -------------------- ---------------------- 1122(d)(4)(v) The Servicer's records regarding the mortgage loans agree with the Servicer's records with respect to an obligor's unpaid principal balance. -------------------- ---------------------- 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. -------------------- ---------------------- 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. -------------------- ---------------------- Y-2