Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. 10-D Must be filed within 15 days of the distribution date for the asset-backed securities. (nominal)
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. Disclosure is required regarding termination of any definitive agreement that is material to the securitization (other than expiration in accordance with its terms), even if depositor is not a party. Examples: servicing agreement, custodial agreement.
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. Reg AB disclosure about any new servicer (from entity appointing new servicer) or trustee (from Depositor) is also required. X X X 6.03 Change in Credit Enhancement or Other External Support Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement provided. Applies to external credit enhancements as well as derivatives. X X X Reg AB disclosure about any new enhancement provider is also required. X
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. Master Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers X X Securities Administrator X Originator X X Custodian X (with respect to affiliations only) Credit Enhancer/Support Provider X X Significant Obligor X X Item 1122 - Assessment of Compliance with Servicing Criteria X X X X Item 1123 - Servicer Compliance Statement X X EXHIBIT H ADDITIONAL DISCLOSURE NOTIFICATION **SENT VIA FAX TO [_XXX)XXX-XXXX] AND VIA EMAIL TO [_________________] AND VIA OVERNIGHT MAIL TO THE ADDRESS IMMEDIATELY BELOW: Wxxxx Fargo Bank, N.A. as Securities Administrator 9000 Xxx Xxxxxxxxx Xxxx Xxxxxxxx, Xxxxxxxx 00000 Fax: (000) 000-0000 E-mail: cxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxx Attn: Corporate Trust Services - ACE 2007-HE2 - SEC REPORT PROCESSING ACE Securities Corp. 6000 Xxxxxxxx Xxxxxxxxx, Suite 318 Charlotte, North Carolina 28211 Fax: (000) 000-0000) Attn: Jxxxxxx Xxxxxxx RE: ** Additional Form [10-D][10-K][8-K] Disclosure** Required Ladies and Gentlemen: In accordance with Section [__] of the Pooling and Servicing Agreement, dated as of [________] [__], 2007 among [_____________], as [______], [_____________], as [______], [_____________], as [______] and [_____________], as [______], the undersigned, as [______], hereby notifies you that certain events have come to our attention that [will] [may] need to be disclosed on Form [10-D][10-K][8-K]. Description of Additional Form [10-D][10-K][8-K] Disclosure: List of any Attachments hereto to be included in the Additional Form [10-D][10-K][8-K] Disclosure: Any inquiries related to this notification should be directed to [_____________], phone number: [______]; email address: [_________________]. [NAME OF PARTY], as [role] By: _____________________ Name: Title: EXHIBIT I SWAP AGREEMENT BEAR SXXXXXX FINANCIAL PRODUCTS INC. 300 XXXXXXX XXXXXX XXX XXXX, XXX XXXX 00000 DATE: March 8, 2007 TO: HSBC Bank USA, National Association, not in its individual capacity, but solely as Supplemental Interest Trust Trustee on behalf of the Supplemental Interest Trust with respect to the ACE Securities Corp. Home Equity Loan Trust, Series 2007-HE2 Asset Backed Pass-Through Certificates ATTENTION: CTLA Structured Finance TELEPHONE: 200-000-0000 FACSIMILE: 200-000-0000 FROM: Derivatives Documentation TELEPHONE: 200-000-0000 FACSIMILE: 200-000-0000 SUBJECT: Mortgage Derivatives Confirmation and Agreement REFERENCE NUMBER: FXACE07HE2 The purpose of this long-form confirmation ...
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. (14) Information regarding any new issuance of asset-backed securities backed by the same asset pool, any pool asset changes (other than in connection with a pool asset converting into cash in accordance with its terms), such as additions or removals in connection with a prefunding or revolving period and pool asset substitutions and repurchases (and purchase rates, if applicable), and cash flows available for future purchases, such as the balances of any prefunding or revolving accounts, if applicable. X X X Disclose any material changes in the solicitation, credit-granting, underwriting, origination, acquisition or pool selection criteria or procedures, as applicable, used to originate, acquire or select the new pool assets. X Item 1121(b) - Pre-Funding or Revolving Period Information Updated pool information as required under Item 1121(b). X
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Item. 7 Significant Enhancement Provider Information Item 1114(b)(2) - Credit Enhancement Provider Financial Information* Determining applicable disclosure threshold X Requesting required financial information or effecting incorporation by reference X Item 1115(b) - Derivative Counterparty Financial Information* Determining current maximum probable exposure X Determining current significance percentage X Requesting required financial information or effecting incorporation by reference X *This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Items. 8 Other Information Disclose any information required to be reported on Form 8-K during the period covered by the Form 10-D but not reported The Responsible Party for the applicable Form 8-K item as indicated below. G-7
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. 9 Exhibits Distribution report X Exhibits required by Item 601 of Regulation S-K, such as material agreements X 8-K Must be filed within four business days of an event reportable on Form 8-K.
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. Includes an early amortization, performance trigger or other event, including event of default, that would materially alter the payment priority/distribution of cash flows/amortization schedule. Disclosure will be made of events other than waterfall triggers which are disclosed in the monthly statement X X
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. Item 1117 - Legal proceedings pending against the following entities, or their respective property, that is material to Certificateholders, including proceedings known to be contemplated by governmental authorities: Sponsor (Seller) X Depositor X Trustee X Issuing entity X Master Servicer, affiliated Servicer, other Servicer servicing 20% or more of pool assets at time of report, other material servicers X X Securities Administrator X Originator of 20% or more of pool assets as of the Cut-off Date X X Custodian X Item 1119 - Affiliations and relationships between the following entities, or their respective affiliates, that are material to Certificateholders: Sponsor (Seller) X Depositor X Trustee X (with respect to 1119(a) affiliations only) G-13
Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor. 5 Submission of Matters to a Vote of Security Holders Information from Item 4 of Part II of Form 10-Q X X 6 Significant Obligors of Pool Assets Item 1112(b) - Significant Obligor Financial Information* X X *This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Item. 7 Significant Enhancement Provider Information Item 1114(b)(2) - Credit Enhancement Provider Financial Information* Determining applicable disclosure threshold X Requesting required financial information or effecting incorporation by reference X G-9 Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor Item 1115(b) - Derivative Counterparty Financial Information* Determining current maximum probable exposure X Determining current significance percentage X Requesting required financial information or effecting incorporation by reference X *This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Items. 8 Other Information Disclose any information required to be reported on Form 8-K during the period covered by the Form 10-D but not reported The Responsible Party for the applicable Form 8-K item as indicated below. Form Item Description Servicers Master Servicer Securities Administrator Custodian Trustee Depositor Sponsor 9 Exhibits Distribution report X Exhibits required by Item 601 of Regulation S-K, such as material agreements X 8-K Must be filed within four business days of an event reportable on Form 8-K.
