Valuation Amount. 2.7.1. For each loan in the Sample Pool, we confirmed whether the valuation amount shown on the System agreed to the valuation report. Where documents were not available in accordance with the Issuer’s documentation retention policy, we confirmed whether the valuation amount shown on the Sample Pool agreed to the valuation report or the System. We found that the valuation amount agreed to the documents or the System, [except for x cases /with no exception]. As a result of the procedures performed there is a 99% confidence that not more than x% of the First Pool Run contained errors.
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