Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation 000 Xxxx Xxxxx Xxxxxxx, Illinois 60661 Call (000) 000-0000 to get the name of the local bureau to contact about settingup an account or obtaining other information. Exhibit G-2 EXHIBIT H [RESERVED] EXHIBIT I SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J TRANSACTION PARTIES Trustee U.S. Bank National Association Master Servicer Aurora Loan Services LLC Credit Risk Manager OfficeTiger Global Real Estate Services Inc. Interest Rate Swap Counterparty Xxxxxx Brothers Special Financing Inc. Interest Rate Cap Counterparty Xxxxxx Brothers Special Financing Inc. Servicer(s) Aurora Loan Services LLC, HomEq Servicing and Xxxxx Fargo Bank, N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller Xxxxxx Brothers Holdings Inc. Depostior Structured Asset Securities Corporation EXHIBIT K FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: Xxxxx X. Xxxxxxx (SASCO 2007-BC2) RE: Annual officer’s certificate delivered pursuant to Section 5.05 of that certain securitization servicing agreement, dated as of February 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., HomEq Servicing, as servicer (the “Servicer”) and Aurora Loan Services LLC, as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2007-BC2 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Securitization Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Master ~~Servicer~~ Servicer: Aurora Loan Services LLC ~~Credit Risk Manager OfficeTiger Global Real Estate Services Inc.~~ Certificate Insurer: N/A Interest Rate Cap and Swap ~~Counterparty~~ Counterparty: Swiss Re Financial Products Corporation Deferred Interest Cap Counterparty: Xxxxxx Brothers Special Financing Inc. ~~Interest Rate Cap Counterparty Xxxxxx Brothers Special Financing~~ Servicers: IndyMac Bank, F.S.B., Bank of America, National Association, Residential Funding Company, LLC, Countrywide Home Loans Servicing LP., Xxxx Financial, LLC, GreenPoint Mortgage Funding, Inc. ~~Servicer(s)~~ and Aurora Loan Services LLC Originators: IndyMac Bank, F.S.B., Bank of America, National Association, Residential Funding Company, LLC, ~~HomEq Servicing~~ Countrywide Home Loans, Inc., Xxxx Financial, LLC, GreenPoint Mortgage Funding, Inc. and Xxxxxx Brothers Bank, FSB Custodians: Deutsche Bank National Trust Company, LaSalle Bank National Association, U.S. Bank National Association and Xxxxx Fargo Bank, N.A. ~~Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller~~ Seller: Xxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, ~~Colorado~~ CO 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ LXS 2007-~~BC2~~12N) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ June 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 12N [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust Series 2007-12n)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. N/A 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Exh. H-1 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. N/A EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S. Bank National Association~~ Trustee: Wxxxx Fargo Bank, N.A. Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN AMRO Bank, N.V. Interest Rate Cap ~~Counterparty Xxxxxx~~ Counterparty: Lxxxxx Brothers Special ~~Financing~~ Financing, Inc. ~~Servicer(s)~~ Servicers: Aurora Loan Services LLC, ~~HomEq~~ Countrywide Home Loans Servicing LP, PHH Mortgage Corp. and ~~Xxxxx Fargo Bank~~Residential Funding Company, ~~N.A. Originator(s) Equifirst Corporation and Xxxxxx~~ LLC Originators: American Home Mortgage Corporation, Countrywide Home Loans, Inc., Freedom Mortgage Corp., Home Loan Corporation, PHH Mortgage Corporation, Lxxxxx Brothers Bank, ~~FSB~~ FSB, Meridias Capital, Inc., Mortgage IT, Inc., Residential Funding Company LLC and Sxxx Mortgage Inc. Custodian(s) ): Deutsche Bank National Trust Company, LaSalle Bank National Association, ~~Xxxxx~~ U.S. Bank National Association and Wxxxx Fargo Bank, N.A. ~~and U.S. Bank National Association Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior~~ Sponsor: Lxxxxx Brothers Holdings Inc. Depositor: Structured Asset Securities Corporation Issuing Entity: Structured Adjustable Rate Mortgage Loan Trust, Series 2000-0 Xxx. I-1 EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC ~~00000~~ 10000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ SARM 2007-~~BC2~~3) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ March 1, 2007 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S. Bank National Association~~Wxxxx Fargo Bank, N.A., as Trustee, relating to the issuance of the Structured ~~Asset Securities Corporation~~ Adjustable Rate Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 3 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-3)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S.~~ Depositor: Structured Asset Securities Corporation Trustee: LaSalle Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A Certificate Insurer: Ambac Assurance Corporation PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN Amro Bank N.V. Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN Amro Bank N.V. Primary Servicer(s) ): Aurora Loan Services ~~LLC, HomEq Servicing and Xxxxx Fargo Bank, N.A.~~ LLC Primary Originator(s~~) Equifirst Corporation and~~ ): Xxxxxx Brothers Bank, FSB Custodian(s~~) LaSalle~~ ): Deutsche Bank National Trust Company, U.S. Bank National Association, Xxxxx Fargo Bank, N.A. and ~~U.S.~~ LaSalle Bank National Association ~~Seller~~ Sponsor and Seller: Xxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ LXS 2007-~~BC2~~14H) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ July 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S.~~ LaSalle Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 14H [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust 2007-14h)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Master ~~Servicer~~ Servicer: Aurora Loan Services LLC ~~Credit Risk Manager OfficeTiger Global Real Estate Services Inc.~~ Certificate Insurer: Ambac Insurance Corporation Interest Rate Cap and Swap ~~Counterparty~~ Counterparty: HSBC Bank USA, National Association Deferred Interest Cap Counterparty: Xxxxxx Brothers Special Financing Inc. ~~Interest Rate Cap Counterparty~~ Servicers: IndyMac Bank, F.S.B., Bank of America, National Association, Residential Funding Company, LLC, Countrywide Home Loans Servicing LP, GreenPoint Mortgage Funding, Inc., American Home Mortgage Servicing Inc., GMAC Mortgage, LLC and SunTrust Mortgage, Inc. Originators: IndyMac Bank, F.S.B., Bank of America, National Association, Residential Funding Company, LLC, Countrywide Home Loans, Inc., GreenPoint Mortgage Funding, Inc., American Home Mortgage Corp., Quicken Loans, Inc., SunTrust Mortgage, Inc. and Xxxxxx Brothers ~~Special Financing Inc. Servicer(s) Aurora Loan Services LLC~~Bank, ~~HomEq Servicing~~ FSB Custodians: Deutsche Bank National Trust Company, LaSalle Bank National Association, U.S. Bank National Association and Xxxxx Fargo Bank, N.A. ~~Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller~~ Seller: Xxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, ~~Colorado~~ CO 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ LXS 2007-~~BC2~~15N) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ July 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 15N [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar ~~year][identify other period~~year][period beginning on the Cut-off Date and] ending on December 31, 20[__]:] (the “Reporting Period”):

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust Series 2007-15n)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H I [~~RESERVED~~Reserved] EXHIBIT I J SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing ~~Criteria Reference~~ Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X ~~Servicing Criteria Applicable Servicing Criteria Reference Criteria~~ 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X Servicing Criteria Applicable Servicing Criteria 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J K TRANSACTION PARTIES Trustee ~~U.S. Bank National Association~~ Citibank, N.A. Securities Administrator N/A Master Servicer Aurora Loan Services LLC Credit Risk Manager ~~OfficeTiger Global Real Estate~~ Cxxxxxx Fixed Income Services Inc. PMI Insurer(s) N/A Interest Rate Swap Counterparty ~~Xxxxxx Brothers Special Financing Inc. Interest Rate Cap Counterparty Xxxxxx Brothers Special Financing Inc.~~ Wachovia Bank, National Association Servicer(s) Aurora Loan Services ~~LLC, HomEq Servicing and Xxxxx Fargo Bank, N.A.~~ LLC Originator(s) ~~Equifirst Corporation and Xxxxxx~~ Lxxxxx Brothers Bank, FSB Custodian(s) ~~LaSalle~~ U.S. Bank National Association, ~~Xxxxx Fargo Bank, N.A. and U.S.~~ LaSalle Bank National Association Seller ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc. ~~Depostior~~ Sponsor Lxxxxx Brothers Holdings Inc. Depositor Structured Asset Securities Corporation EXHIBIT K L FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC ~~00000~~ 10000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx~~ Jxxxxx X. ~~Xxxxxxx~~ Xxxxxx (SASCO ~~2007~~2006-~~BC2~~S4) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ December 1, ~~2007~~ 2006 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S. Bank National Association~~Citibank, N.A., as Trustee, relating to the issuance of the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ S4. [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Sasco 2006-S4)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S.~~ Sponsor and Seller: Xxxxxx Brothers Holdings Inc. Depositor: Structured Asset Securities Corporation Trustee: LaSalle Bank National Association Securities Administrator: None Master ~~Servicer~~ Servicer: Aurora Loan Services LLC ~~Credit Risk Manager OfficeTiger Global Real Estate Services Inc.~~ Certificate Insurer: None PMI Insurer(s): None Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: HSBC Bank USA, National Association Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: HSBC Bank USA, National Association Primary Servicer(s) ): Aurora Loan Services ~~LLC~~LLC Primary Originator(s): Xxxxxx Brothers Bank, ~~HomEq Servicing~~ FSB Custodian(s): U.S. Bank National Association, LaSalle Bank National Association, Deutsche Bank National Trust Company and Xxxxx Fargo Bank, N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller Xxxxxx Brothers Holdings Inc. Depostior Structured Asset Securities Corporation EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ LXS 2007-~~BC2~~8H) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ May 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S.~~ LaSalle Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 8H [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (LXS 2007-8h)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services 000 XXX Xxxxxxx Xxxxx, Xxxxx 00000 Call (000) 000-0000 for all inquiries, ~~000 XXX Xxxxxxx~~ current members should select option 3; ~~Xxxxx, Xxxxx 00000~~ lenders that need to set up an account should select Option 4. Trans Union Corporation 000 Xxxx Xxxxx Xxxxxxx, Illinois 60661 Call (000) 000-0000 to get the name of the local bureau to contact about ~~settingup~~ setting up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S.~~ Sponsor and Seller: Xxxxxx Brothers Holdings Inc. Depositor: Structured Asset Securities Corporation Trustee: LaSalle Bank National Association Securities Administrator: None Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: None PMI Insurer(s): Mortgage Guaranty Insurance Corporation and PMI Mortgage Insurance Co. Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN AMRO Bank N.V. Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN AMRO Bank N.V. Primary Servicer(s) ): Aurora Loan Services LLC, ~~HomEq Servicing and Xxxxx Fargo~~ IndyMac Bank, ~~N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association~~F.S.B., Xxxxx Fargo Bank, N.A. and Countrywide Home Loans Servicing LP Primary Originator(s): Xxxxxx Brothers Bank, FSB, IndyMac Bank, F.S.B. and Xxxxx Fargo Bank, N.A. Custodian(s): U.S. Bank National ~~Association Seller Xxxxxx Brothers Holdings Inc. Depostior Structured Asset Securities Corporation~~ Association, LaSalle Bank National Association, Deutsche Bank National Trust Company and Xxxxx Fargo Bank, N.A. EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ LXS 2007-~~BC2~~1) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ January 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S.~~ LaSalle Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 1 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust 2007-1)

Company Telephone Number. Consumer Credit Associates, Inc. Call (~~000~~710) 000-0000, ~~either~~ xither extension ~~000 Xxxxxxxxxxxx~~ 950 Txxxxxxxxxxx Xxxxxx, Xxxxx 000 ~~150~~000, 101, or 112, for all inquiries. ~~Xxxxxxx~~Houston, ~~Xxxxx 00000~~Texas 77079-~~0000~~ 2903 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (~~000~~800) 000-0000 ~~and~~ xxd select the customer assistance option. TRW Information Systems & Services Call (~~000~~800) 000-0000 ~~for~~ xxr all inquiries, ~~000 XXX~~ 601 TXX Xxxxxxx ~~current~~ xxxxent members should select option 3; ~~Xxxxx~~Allen, Xxxxx 00000 ~~lenders~~ xxxxers that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (~~000~~310) 000-0000 to xx get the name of ~~the~~ 555 West Adaxx xxe local bureau to contact about ~~settingup an~~ setting Chicaxx, Xxxxxxxx 00000 xx xn account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx in~~ marx xx the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S.~~ Trustee: HSBC Bank ~~National Association~~ USA, NATIONAL ASSOCIATION Securities Administrator: Welxx Xxrgo Bank, N.A. Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A. PMI Insurer(s): N/A. Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: N/A. Interest Rate Cap ~~Counterparty Xxxxxx Brothers~~ Counterparty: Lehxxx Xxothers Special Financing Inc. Servicer(s) ): Aurora Loan Services LLC, ~~HomEq Servicing~~ IndyMac Bank, F.S.B. and ~~Xxxxx Fargo~~ Welxx Xxrgo Bank, N.A. Originator(s~~) Equifirst Corporation and Xxxxxx Brothers~~ ): Lehxxx Xxothers Bank, ~~FSB~~ F.S.B., Welxx Xxrgo Bank, N.A., and IndyMac Bank, F.S.B. Custodian(s) ): U.S. Bank National Association, LaSalle Bank National Association, ~~Xxxxx Fargo~~ Deutsche Bank National Trust Company and Welxx Xxrgo Bank, N.A. ~~and U.S. Bank National Association Seller Xxxxxx Brothers Holdings~~ Seller: Lehxxx Xxothers Holdings, Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 327 Ixxxxxxxx Xxxxx Xxxxx Xxxl Stop 3199 Englexxxx, Xxxxxxxx 00000 ~~Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention~~Xxxention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO 2007~~LMT 2006-~~BC2~~5) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ August 1, ~~2007~~ 2006 (the “Agreement”), by and among ~~Xxxxxx Brothers~~ Lehxxx Xxothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S. Bank~~ HSBC Bank, National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Lehxxx Xxrtgage Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ 5 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-5)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S.~~ Sponsor and Seller: Xxxxxx Brothers Holdings Inc. Depositor: Structured Asset Securities Corporation Trustee: LaSalle Bank National Association Securities Administrator: None Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: None PMI Insurer(s): None Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN AMRO Bank N.V. Interest Rate Cap ~~Counterparty~~ Counterparty: Xxxxxx Brothers ~~Special~~ Specialty Financing Inc. Servicer(s) ): Aurora Loan Services LLC, ~~HomEq Servicing~~ GMAC Mortgage Corporation, IndyMac Bank, F.S.B., SunTrust Mortgage, Inc. and Xxxxx Fargo Bank, N.A. Originator(s~~) Equifirst Corporation and~~ ): Xxxxxx Brothers Bank, ~~FSB~~ IndyMac Bank, F.S.B., American Home Mortgage, Alliance Bancorp and First National Bank of Nevada Custodian(s) ): U.S. Bank National Association, LaSalle Bank National Association, Deutsche Bank National Trust Company and Xxxxx Fargo Bank, N.A. ~~and U.S. Bank National Association Seller Xxxxxx Brothers Holdings Inc. Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO 2007~~LXS 2006-~~BC2~~11) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ July 1, ~~2007~~ 2006 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S.~~ LaSalle Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ 11 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust 2006-11)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (~~000~~800) ~~000-~~600- 0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit~~ 11/20/95 G-2 EXHIBIT H [RESERVED] EXHIBIT I SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC ~~Credit Risk Manager OfficeTiger Global Real Estate Services~~ Certificate Insurer(s): Financial Security Assurance Inc. Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc. Interest Rate~~ Counterparty: N/A Cap ~~Counterparty Xxxxxx~~ Counterparty: Lxxxxx Brothers Special Financing Inc. Servicer(s~~) Aurora Loan Services LLC~~): GMAC Mortgage, ~~HomEq Servicing~~ LLC and ~~Xxxxx Fargo Bank~~GreenPoint Mortgage Funding, ~~N.A.~~ Inc. Originator(s~~) Equifirst Corporation and Xxxxxx Brothers Bank~~): GreenPoint Mortgage Funding, ~~FSB~~ Inc. Custodian(s~~) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and~~ ): U.S. Bank National Association ~~Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 300 Xxxxxxxxx Xxxxx Xxxxx, 0xx Xxxxx Xxxxxxxxx, Xxxxxxxx 00000 ~~Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124~~ Attention: ~~Xxxxx~~ Jxxxxx X. ~~Xxxxxxx~~ Xxxxxx (~~SASCO 2007~~GPMF 2006-~~BC2~~AR7) RE: Annual officer’s certificate delivered pursuant to Section 5.05 of that certain securitization servicing agreement, dated as of ~~February~~ November 1, ~~2007~~ 2006 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~GMAC Mortgage, LLC, as servicer (the “Servicer”) and Aurora Loan Services LLC, as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ GreenPoint Mortgage Funding Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ AR7 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Securitization Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar7)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, ,” as identified by a xxxx in the column titled “Applicable Servicing Criteria”: :” Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 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 servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X x Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 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 overcollateralization, 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 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 Servicer’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 mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X x 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 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 x 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X x 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X x 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 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 x 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X x 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X x Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X x 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X x 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X x 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 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. EXHIBIT J I TRANSACTION PARTIES Trustee U.S. Bank National Association Master Servicer Aurora Loan Services LLC Credit Risk Manager OfficeTiger Global Real Estate Services Inc. Interest Rate Swap Counterparty Xxxxxx Brothers Special Financing Inc. Interest Rate Cap Counterparty Xxxxxx Brothers Special Financing Inc. Servicer(s) Aurora Loan Services LLC, HomEq Servicing and Xxxxx Fargo Bank, N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller Xxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (SASCO 2007-BC2) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of February 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2007-BC2 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services 600 XXX Xxxxxxx Xxxxx, Xxxxx 00000 Call (000) 000-0000 for all inquiries, ~~000 XXX Xxxxxxx~~ current members should select option 3; ~~Xxxxx, Xxxxx 00000~~ lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000~~ 500 Xxxx Xxxxx Xxxxxxx, Illinois 60661 Call (000) 000-0000 to get the name of the local bureau to contact about ~~settingup~~ setting up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: Wxxxx Fargo Bank, N.A. Master ~~Servicer Aurora Loan Services LLC~~ Servicer: Wxxxx Fargo Bank, N.A. Credit Risk ~~Manager OfficeTiger Global Real Estate~~ Manager: Cxxxxxx Fixed Income Services Inc. ~~Interest Rate Swap Counterparty Xxxxxx Brothers Special Financing Inc. Interest Rate Cap Counterparty Xxxxxx Brothers Special Financing Inc.~~ PMI Insurer(s): Mortgage Guaranty Insurance Corporation and PMI Mortgage Insurance Co. Derivative Counterparty: HSBC Bank USA, National Association Servicer(s) ): Aurora Loan Services LLC, ~~HomEq Servicing~~ Countrywide Home Loans, Inc., JPMorgan Chase Bank, National Association, Option One Mortgage Corporation, GMAC Mortgage Corporation, and ~~Xxxxx~~ Wxxxx Fargo Bank, N.A. Originator(s~~) Equifirst Corporation~~ ): BNC Mortgage, Inc., Countrywide Home Loans, Inc. and ~~Xxxxxx Brothers Bank~~Argent Mortgage Company, ~~FSB~~ LLC Custodian(s) ): Deutsche Bank National Trust Company, LaSalle Bank National Association, ~~Xxxxx~~ U.S. Bank National Association and Wxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller Xxxxxx Brothers Holdings Inc. Depostior Structured Asset Securities Corporation EXHIBIT K FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] ToSeller: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: Xxxxx X. Xxxxxxx (SASCO 2007-BC2) RE: Annual officer’s certificate delivered pursuant to Section 5.05 of that certain securitization servicing agreement, dated as of February 1, 2007 (the “Agreement”), by and among Xxxxxx Lxxxxx Brothers Holdings Inc., HomEq Servicing, as servicer (the “Servicer”) and Aurora Loan Services LLC, as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the Structured Asset Securities Corporation Mortgage Pass-Through Certificates, Series 2007-BC2 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Subservicing Agreement (Sasco 2006-Bc2)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H [RESERVED] EXHIBIT I SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: N/A Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: N/A Servicer(s) ): Aurora Loan Services ~~LLC~~LLC Originator(s): GreenPoint Mortgage Funding, ~~HomEq Servicing and Xxxxx Fargo Bank, N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB~~ Inc. Custodian(s~~) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and~~ ): U.S. Bank National Association ~~Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 300 Xxxxxxxxx Xxxxx Xxxxx, 0xx Xxxxx Xxxxxxxxx, Xxxxxxxx 00000 ~~Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124~~ Attention: ~~Xxxxx~~ Jxxxxx X. ~~Xxxxxxx~~ Xxxxxx (~~SASCO 2007~~LXS 2006-~~BC2~~GP2) RE: Annual officer’s certificate delivered pursuant to Section 5.05 of that certain securitization servicing agreement, dated as of ~~February~~ May 1, ~~2007~~ 2006 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and Aurora Loan Services LLC, as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Lxxxxx XS Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ GP2 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Securitization Servicing Agreement (Lehman XS Trust Series 2006-Gp2)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000 XXX Xxxxxxx~~ current members should select option 3; ~~Xxxxx, Xxxxx 00000~~ lenders that need to set up an account should select Option 4. 000 XXX Xxxxxxx Xxxxx, Xxxxx 00000 Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of the local bureau to contact about ~~settingup~~ setting up an account or obtaining other information. ~~Exhibit G-2~~ 000 Xxxx Xxxxx Chicago, Illinois 60661 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 ~~Servicing Criteria Applicable Servicing Criteria Reference Criteria~~ Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X ~~Servicing Criteria Applicable Servicing Criteria Reference Criteria~~ 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. [NAME OF THE SERVICER] [NAME OF SUBSERVICER/SUBCONTRACTOR] Date: _________________________ By: ________________________________ Name: Title: EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S.~~ Trustee: LaSalle Bank National Association Master ~~Servicer~~ Servicer: Aurora Loan ~~Services~~ Services, LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: PMI Insurer(s): Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: Servicer(s) ): Aurora Loan ~~Services LLC~~Services, ~~HomEq Servicing~~ LLC Originator(s): LaSalle Bank National Association and ~~Xxxxx Fargo~~ U.S. Bank, N.A. ~~Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB~~ Custodian(s) ): LaSalle Bank National ~~Association, Xxxxx Fargo~~ Association and U.S. Bank, N.A. ~~and U.S. Bank National Association Seller~~ Seller: Xxxxxx Brothers ~~Holdings~~ Holdings, Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 000 Xxxxxxxxx Xxxxx Xxxxx Mail Stop 3199 Xxxxxxxxx, Xxxxxxxx 00000 ~~Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124~~ Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO 2007~~LMT 2006-~~BC2~~2) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ March 1, ~~2007~~ 2006 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S.~~ LaSalle Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx Mortgage Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ 2 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-2)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H [RESERVED] EXHIBIT I SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing ~~Criteria Reference~~ Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria ~~Reference Criteria~~ 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger~~ Manager: Office Tiger Global Real Estate Services Inc. Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: Wachovia Bank, National Association Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc. Servicer(s) Aurora Loan Services LLC, HomEq Servicing and Xxxxx Fargo~~ Counterparty: Wachovia Bank, ~~N.A.~~ National Association Servicer(s): National City Home Loan Services, Inc. Mortgage Loan Seller: First Franklin Financial Corporation Originator(s~~) Equifirst Corporation and Xxxxxx Brothers Bank~~): First Franklin, ~~FSB~~ a division of National City Bank Custodian(s~~) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S.~~ ): U.S Bank National Association ~~Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 300 Xxxxxxxxx Xxxxx Xxxxx, 0xx Xxxxx Xxxxxxxxx, Xxxxxxxx 00000 ~~Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124~~ Attention: ~~Xxxxx~~ Jxxxxx X. ~~Xxxxxxx~~ Xxxxxx (~~SASCO 2007~~FFMLT 2006-~~BC2~~FF14) RE: Annual officer’s certificate delivered pursuant to Section 5.05 of that certain securitization servicing agreement, dated as of ~~February~~ September 1, ~~2007~~ 2006 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~National City Home Loan Services, Inc., as servicer (the “Servicer”) and Aurora Loan Services LLC, as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ First Franklin Mortgage Loan Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ FF14 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Securitization Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff14)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: Wxxxx Fargo Bank, N.A. Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: n/a PMI Insurer(s): n/a Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: n/a Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: n/a Servicer(s~~) Aurora Loan Services LLC~~): Countrywide Home Loans Servicing LP Originator(s): Countrywide Home Loans Servicing LP Custodian(s): Deutsche Bank National Trust Company, ~~HomEq Servicing and Xxxxx Fargo Bank, N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s)~~ LaSalle Bank National Association, ~~Xxxxx~~ U.S. Bank National Association and Wxxxx Fargo Bank, N.A. ~~and U.S. Bank National Association Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior~~ Sponsor: Lxxxxx Brothers Holdings Inc. Depsoitor: Structured Asset Securities Corporation Issing Entity: Structured Adjustable Rate Mortgage Loan Trust, Series 2006-3 EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 300 Xxxxxxxxx Xxxxx Xxxxx Mail Stop 3199 Exxxxxxxx, Xxxxxxxx 00000 ~~Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124~~ Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO 2007~~SAIL 2006-~~BC2~~3) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ March 1, ~~2007~~ 2006 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the Structured Asset ~~Securities Corporation~~ Investment Loan Trust Mortgage Pass-Through Certificates, Series ~~2007~~2006-~~BC2~~ 3 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-3)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (~~000~~800) ~~000-0000~~ 685- 5000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. N/A 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. N/A EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: ABN AMRO Bank N.V. Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc. Servicer(s)~~ Counterparty: ABN AMRO Bank N.V. Servicers: Aurora Loan Services ~~LLC~~LLC and GreenPoint Mortgage Funding, ~~HomEq Servicing and Xxxxx Fargo Bank~~Inc. Originator: GreenPoint Mortgage Funding, ~~N.A. Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and~~ Inc. Custodian: U.S. Bank National Association ~~Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior~~ Sponsor: Lxxxxx Brothers Holdings Inc. Depositor: Structured Asset Securities Corporation Issuing Entity: GreenPoint Mortgage Funding Trust, Series 2007-AR3 EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC ~~00000~~ 10000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ GPMF 2007-~~BC2~~AR3) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ May 1, 2007 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ GreenPoint Mortgage Funding Trust, Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ AR3 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (GreenPoint Mortgage Funding Trust 2007-Ar3)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Depositor: Structured Asset Securities Corporation Trustee: U.S. Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: N/A Interest Rate Cap ~~Counterparty~~ Counterparty: Xxxxxx Brothers Special Financing Inc. Servicer(s) ): Aurora Loan Services LLC, ~~HomEq Servicing~~ National City Mortgage Co. and ~~Xxxxx Fargo~~ PHH Mortgage Corporation Primary Originator(s): Sovereign Bank, ~~N.A. Originator(s) Equifirst Corporation~~ FSB, National City Mortgage Co. and Xxxxxx Brothers Bank, ~~FSB~~ FSB. Custodian(s) ): LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association ~~Seller~~ Sponsor and Seller: Xxxxxx Brothers ~~Holdings~~ Holdings, Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx~~ Xxxxxx X. ~~Xxxxxxx~~ Xxxxxx (~~SASCO~~ LMT 2007-~~BC2~~6) Structured Asset Securities Corporation 000 Xxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 10019 U.S. Bank National Association Xxx Xxxxxxx Xxxxxx, Xxxxx Xxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: Structured Finance Xxxxxxxxxx, XXX 0000-0 RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing ~~agreement,~~ agreement dated as of ~~February~~ June 1, 2007 (the “Agreement”), ~~by and~~ among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx Mortgage Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 6 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2007-6)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 ~~150~~000000, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H [RESERVED] EXHIBIT I SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC ~~Credit Risk Manager OfficeTiger Global Real Estate Services Inc.~~ Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ and Cap Counterparty: HSBC Bank USA, National Association Certificate Insurer: Ambac Insurance Corporation Deferred Interest Rate Cap ~~Counterparty~~ Counterparty: Xxxxxx Brothers Special Financing Inc. Servicer(s) ): Aurora Loan Services LLC, ~~HomEq~~ GreenPoint Mortgage Funding, Inc., American Home Mortgage Corp., Bank of America, National Association, IndyMac Bank F.S.B., Residential Funding Company, LLC, Countrywide Home Loans Servicing LP, SunTrust Mortgage Inc. and GMAC Mortgage, LLC Originator(s): GreenPoint Mortgage Funding, Inc., American Home Mortgage Corp., Bank of America, National Association, IndyMac Bank F.S.B., Residential Funding Company, LLC, Countrywide Home Loans, Inc., Quicken Loans Inc., Xxxxxx Brothers Bank, FSB and SunTrust Mortgage Inc. Custodian: U.S. Bank National Association, Deutsche Bank National Trust Company, LaSalle Bank National Association, and Xxxxx Fargo Bank, N.A. ~~Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller~~ Seller: Xxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X.~~ Xxxxxxx Xxxx (~~SASCO~~ LXS 2007-~~BC2~~15N) RE: Annual officer’s certificate delivered pursuant to Section 5.05 of that certain securitization servicing agreement, dated as of ~~February~~ July 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~GMAC Mortgage, LLC, as servicer (the “Servicer”) and Aurora Loan Services LLC, as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 15N [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar ~~year][identify other period~~year][period beginning on the Cut-off Date and] ending on December 31, 20[__]:] (the “Reporting Period”):

Appears in 1 contract

Samples: Securitization Servicing Agreement (Lehman XS Trust Series 2007-15n)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000 Xxxxxxxxxxxx Xxxxxx~~950 Threadneedle Street, ~~Xxxxx 000~~ Suite 200 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Houston, ~~Xxxxx 00000~~Texas 77079-~~0000~~ 2903 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000 XXX Xxxxxxx~~ 601 TRW Parkway current members should select option 3; ~~Xxxxx~~Allen, ~~Xxxxx 00000~~ Texas 75002 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Chicago, Illinois 60661 up an account or obtaining other information. ~~Exhibit G-2~~ 11/20/95 EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Master ~~Servicer~~ Servicer: Aurora Loan Services LLC ~~Credit Risk Manager OfficeTiger Global Real Estate Services Inc. Interest Rate Swap Counterparty Xxxxxx Brothers Special Financing Inc.~~ Certificate Insurer: Assured Guaranty Corp. Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc. Servicer(s)~~ and Swap Counterparty: ABN AMRO Bank N.V. and Swiss Re Financial Products Corporation Deferred Interest Cap Counterparty: N/A Servicers: Countrywide Home Loans Servicing LP. and Aurora Loan Services ~~LLC~~LLC Originators: Countrywide Home Loans, ~~HomEq Servicing and Xxxxx Fargo Bank~~Inc., ~~N.A. Originator(s) Equifirst Corporation~~ GreenPoint Mortgage Funding, Inc., Quicken Loans, Inc. and Xxxxxx Brothers Bank, FSB ~~Custodian(s)~~ Custodians: LaSalle Bank National ~~Association, Xxxxx Fargo Bank, N.A.~~ Association and U.S. Bank National Association ~~Seller~~ Seller: Xxxxxx Brothers Holdings ~~Inc. Depostior Structured Asset Securities Corporation~~ Inc EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC ~~00000~~ 10000 Xxxx Xxxxxxx Xxxxx Littleton, ~~Colorado~~ CO 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ LXS 2007-~~BC2~~16N) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ August 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx XS Trust Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 16N [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar ~~year][identify other period~~year][period beginning on the Cut-off Date and] ending on December 31, 20[__]:] (the “Reporting Period”):

Appears in 1 contract

Samples: Servicing Agreement (Lehman XS Trust Series 2007-16n)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services 000 XXX Xxxxxxx Xxxxx, Xxxxx 00000 Call (000) 000-0000 for all inquiries, ~~000 XXX Xxxxxxx~~ current members should select option 3; ~~Xxxxx, Xxxxx 00000~~ lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. N/A 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Exh. H-1 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. N/A EXHIBIT J I TRANSACTION PARTIES ~~Trustee~~ Trustee: U.S. Bank National Association Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer: N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: N/A Interest Rate Cap ~~Counterparty Xxxxxx Brothers Special Financing Inc. Servicer(s)~~ Counterparty: N/A Servicers: Aurora Loan Services ~~LLC~~LLC and Colonial Savings F.A. Originators: American Home Mortgage Company, ~~HomEq Servicing~~ GreenPoint Mortgage Funding, Inc., Xxxxxx Brothers Bank, FSB, Sovereign Bank FSB and Weichert Financial Services Custodians: Deutsche Bank National Trust Company, LaSalle Bank National Association, U.S. Bank National Association and Xxxxx Fargo Bank, N.A. ~~Originator(s) Equifirst Corporation and Xxxxxx Brothers Bank, FSB Custodian(s) LaSalle Bank National Association, Xxxxx Fargo Bank, N.A. and U.S. Bank National Association Seller~~ Seller: Xxxxxx Brothers Holdings Inc. ~~Depostior Structured Asset Securities Corporation~~ Exh. I-1 EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ SARM 2007-~~BC2~~10) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ October 1, 2007 (the “Agreement”), by and among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by U.S. Bank National Association, as Trustee, relating to the issuance of the Structured ~~Asset Securities Corporation~~ Adjustable Rate Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 10 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar ~~year][identify other period~~year][period beginning on the Cut-off Date and] ending on December 31, 20[__]:] (the “Reporting Period”):

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-10)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. Xxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, 000 XXX Xxxxxxx current members should select option 3; Xxxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Xxxxx the local bureau to contact about ~~settingup~~ setting Xxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a xxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S. Bank National Association~~ Depositor: Structured Asset Securities Corporation Trustee: Xxxxx Fargo Bank, N.A. Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty~~ Counterparty: N/A Interest Rate Cap Counterparty: Xxxxxx Brothers Special ~~Financing Inc. Interest Rate Cap Counterparty Xxxxxx Brothers Special Financing~~ Financing, Inc. Servicer(s) ): Aurora Loan Services LLC, ~~HomEq Servicing and Xxxxx Fargo~~ IndyMac Federal Bank, ~~N.A.~~ FSB and Countrywide Home Loans Servicing, LP. Primary Originator(s~~) Equifirst Corporation and~~ ): Xxxxxx Brothers Bank, ~~FSB~~ FSB. Custodian(s) ): LaSalle Bank National ~~Association, Xxxxx Fargo Bank, N.A.~~ Association and U.S. Bank National ~~Association Seller~~ Association. Sponsor and Seller: Xxxxxx Brothers ~~Holdings~~ Holdings, Inc. ~~Depostior Structured Asset Securities Corporation~~ EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC 00000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: Xxxxxxx Xxxx (LMT 2008-6) Structured Asset Securities Corporation 000 Xxxxxxx Xxxxxx, 0xx Xxxxx X. Xxx Xxxx, Xxx Xxxx 00000 Xxxxxx Brothers Holdings Inc. 000 Xxxxxxx ~~(SASCO 2007~~Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxx Fargo Bank, N.A. 0000 Xxx Xxxxxxxxx Xxxx Xxxxxxxx, Xxxxxxxx 00000 Attention: Client Services Xxxxxxx, XXX 0000-~~BC2)~~ 0 RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing ~~agreement,~~ agreement dated as of ~~February~~ August 1, ~~2007~~ 2008 (the “Agreement”), ~~by and~~ among Xxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S. Bank National Association~~Xxxxx Fargo Bank, N.A., as Trustee, relating to the issuance of the ~~Structured Asset Securities Corporation~~ Xxxxxx Mortgage Trust Mortgage Pass-Through Certificates, Series ~~2007~~2008-~~BC2~~ 6 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2008-6)

Company Telephone Number. Consumer Credit Associates, Inc. Call (000) 000-0000, either extension ~~000~~ 900 Xxxxxxxxxxxx Xxxxxx, Xxxxx 000 150, 101, or 112, for all inquiries. ~~Xxxxxxx~~Hxxxxxx, Xxxxx 00000-0000 Equifax Members that have an account number may call their local sales representative for all inquiries; lenders that need to set up an account should call (000) 000-0000 and select the customer assistance option. TRW Information Systems & Services Call (000) 000-0000 for all inquiries, ~~000~~ 600 XXX Xxxxxxx current members should select option 3; ~~Xxxxx~~Axxxx, Xxxxx 00000 lenders that need to set up an account should select Option 4. Trans Union Corporation ~~000 Xxxx Xxxxx Xxxxxxx, Illinois 60661~~ Call (000) 000-0000 to get the name of 555 West Axxxx the local bureau to contact about ~~settingup~~ setting Cxxxxxx, Xxxxxxxx 00000 up an account or obtaining other information. ~~Exhibit G-2~~ EXHIBIT H ~~[RESERVED] EXHIBIT I~~ SERVICING CRITERIA TO BE ADDRESSED IN REPORT ON ASSESSMENT OF COMPLIANCE The Servicer shall address, at a minimum, the criteria identified as below as “Applicable Servicing Criteria”, as identified by a ~~xxxx~~ mxxx in the column titled “Applicable Servicing Criteria”: Servicing Criteria Applicable Servicing Criteria Reference Criteria General Servicing Considerations 1122(d)(1)(i) Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction agreements. X 1122(d)(1)(ii) If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s performance and compliance with such servicing activities. X 1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans are maintained. N/A 1122(d)(1)(iv) A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements. X Cash Collection and Administration 1122(d)(2)(i) Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days following receipt, or such other number of days specified in the transaction agreements. X 1122(d)(2)(ii) Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel. X 1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are made, reviewed and approved as specified in the transaction agreements. X 1122(d)(2)(iv) The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements. X 1122(d)(2)(v) Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act. X 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access. X 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 Exh. E-1 Servicing Criteria Applicable Servicing Criteria Reference Criteria Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of mortgage loans serviced by the Servicer. X 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. X 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in the transaction agreements. X 1122(d)(3)(iv) Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements. X Pool Asset Administration 1122(d)(4)(i) Collateral or security on mortgage loans is maintained as required by the transaction agreements or related mortgage loan documents. X 1122(d)(4)(ii) Mortgage loan and related documents are safeguarded as required by the transaction agreements X 1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the transaction agreements. X 1122(d)(4)(iv) Payments on mortgage loans, including any payoffs, made in accordance with the related mortgage loan documents are posted to the Servicer’s obligor records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related mortgage loan documents. X 1122(d)(4)(v) The Servicer’s records regarding the mortgage loans agree with the Servicer’s records with respect to an obligor’s unpaid principal balance. X 1122(d)(4)(vi) Changes with respect to the terms or status of an obligor's mortgage loans (e.g., loan modifications or re-agings) are made, reviewed and approved by authorized personnel in accordance with the transaction agreements and related pool asset documents. X 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements. X 1122(d)(4)(viii) Records documenting collection efforts are maintained during the period a mortgage loan is delinquent in accordance with the transaction agreements. Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent mortgage loans including, for example, phone calls, letters and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment). X 1122(d)(4)(ix) Adjustments to interest rates or rates of return for mortgage loans with variable rates are computed based on the related mortgage loan documents. X Exh. E-1 Servicing Criteria Applicable Servicing Criteria Reference Criteria 1122(d)(4)(x) Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s mortgage loan documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable mortgage loan documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related mortgage loans, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xi) Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xii) Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. X 1122(d)(4)(xiii) Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other number of days specified in the transaction agreements. X 1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. X 1122(d)(4)(xv) Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. N/A Exh. E-1 EXHIBIT J I TRANSACTION PARTIES ~~Trustee U.S. Bank National Association~~ Trustee: Wxxxx Fargo Bank, N.A. Securities Administrator: N/A Master ~~Servicer~~ Servicer: Aurora Loan Services LLC Credit Risk ~~Manager OfficeTiger Global Real Estate Services Inc.~~ Manager: N/A PMI Insurer(s): N/A Interest Rate Swap ~~Counterparty Xxxxxx Brothers Special Financing Inc.~~ Counterparty: [TBA] Interest Rate Cap ~~Counterparty Xxxxxx~~ Counterparty: Lxxxxx Brothers Special ~~Financing~~ Financing, Inc. ~~Servicer(s)~~ Servicers: Aurora Loan Services LLC, ~~HomEq~~ Colonial Savings, F.A. and Countrywide Home Loans Servicing ~~and Xxxxx Fargo Bank~~LP Originators: Colonial Savings, ~~N.A. Originator(s) Equifirst Corporation and Xxxxxx~~ F.A., Countrywide Home Loans Servicing LP, DHI Mortgage Company, Freedom Mortgage Corp., Just Mortgage Inc., Lxxxxx Brothers Bank, ~~FSB~~ FSB, Platinum Community Bank, FSB, Plaza Home Mortgage Inc. and Sxxx Mortgage, Inc. Custodian(s) ): LaSalle Bank National ~~Association, Xxxxx Fargo Bank, N.A.~~ Association and U.S. Bank National Association ~~Seller Xxxxxx~~ Seller: Lxxxxx Brothers Holdings Inc. ~~Depostior~~ Sponsor: Lxxxxx Brothers Holdings Inc. Depositor: Structured Asset Securities Corporation Issuing Entity: Structured Adjustable Rate Mortgage Loan Trust, Series 2000-0 Xxx. E-1 EXHIBIT K J FORM OF ANNUAL OFFICER’S CERTIFICATE Via Overnight Delivery [DATE] To: Aurora Loan Services LLC ~~00000~~ 10000 Xxxx Xxxxxxx Xxxxx Littleton, Colorado 80124 Attention: ~~Xxxxx X. Xxxxxxx~~ Compliance Coordinator (~~SASCO~~ SARM 2007-~~BC2~~1) RE: Annual officer’s certificate delivered pursuant to Section ~~5.05~~ 5.03 of that certain ~~securitization~~ servicing agreement, dated as of ~~February~~ January 1, 2007 (the “Agreement”), by and among ~~Xxxxxx~~ Lxxxxx Brothers Holdings Inc., ~~HomEq Servicing~~Aurora Loan Services LLC, as servicer (the “Servicer”) and ~~Aurora Loan Services LLC,~~ as master servicer, and acknowledged by ~~U.S. Bank National Association~~Wxxxx Fargo Bank, N.A., as Trustee, relating to the issuance of the Structured ~~Asset Securities Corporation~~ Adjustable Rate Mortgage Loan Trust, Mortgage Pass-Through Certificates, Series 2007-~~BC2~~ 1 [_______], the undersigned, a duly authorized [_______] of [the Servicer][Name of Subservicer], does hereby certify the following for the [calendar year][identify other period] ending on December 31, 20[__]:

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-1)

Common use of Company Telephone Number Clause in Contracts