Accredited Mortgage Loan REIT Trust Sample Contracts

Accredited Mortgage Loan REIT Trust – MORTGAGE LOAN PURCHASE AGREEMENT DATED AS OF [ ] (July 19th, 2007)

WHEREAS, the Seller owns the Mortgage Loans indicated on the Mortgage Loan Schedule attached as Exhibit 1 hereto (the “Mortgage Loans”), including rights to (a) any property acquired by foreclosure or deed in lieu of foreclosure or otherwise, and (b) the proceeds of any insurance policies covering the Mortgage Loans;

Accredited Mortgage Loan REIT Trust – [ACCREDITED ACCEPTANCE CORP.] Depositor, [ACCREDITED HOME LENDERS, INC.] Servicer and Sponsor, and Trustee POOLING AND SERVICING AGREEMENT Dated as of [ ], 20[ ] (July 19th, 2007)

This Pooling and Servicing Agreement, dated and effective as of [            ], is entered into among Accredited Acceptance Corp., as depositor (the “Depositor”), Accredited Home Lenders, Inc., as servicer (the “Servicer”), and [TRUSTEE], as trustee (the “Trustee”).

Accredited Mortgage Loan REIT Trust – FROM: Accredited Home Lenders Holding Co. 15253 Avenue of Science San Diego, CA 92128 Rick Howe, 858.676.2148 rhowe@accredhome.com FOR IMMEDIATE RELEASE ACCREDITED MORTGAGE LOAN REIT TRUST RECEIVES NYSE NOTICE (April 23rd, 2007)

SAN DIEGO, Apr. 20 — Accredited Mortgage Loan REIT Trust (NYSE: AHH.PrA) (“REIT”), an indirect subsidiary of Accredited Home Lenders Holding Co., announced that it was notified by the regulatory arm of the New York Stock Exchange (“NYSE Regulation”) on April 18, 2007 that the NYSE Regulation staff will monitor the status of REIT’s annual report on Form 10-K and related public disclosures for a six-month period beginning April 17, 2007. The notice was generated as the result of REIT’s failure to file its annual report for the year ended December 31, 2006 with the Securities and Exchange Commission (“SEC”) on a timely basis. Shares of the REIT’s 9.75% Series A Perpetual Cumulative Preferred Shares (“Preferred Shares”) are traded on the NYSE. The NYSE action is being taken in accordance with Rule 802.01E of NYSE’s Listed Company Manual.

Accredited Mortgage Loan REIT Trust – Accountants and Business Advisors March 27, 2007 Audit Committee Chairman Accredited Mortgage Loan REIT Trust 15090 Avenue of Science Sand Diego, CA 92128 Dear Ms. Gunderson: (April 11th, 2007)

This is to confirm that the client-auditor relationship between Accredited Mortgage Loan REIT Trust (U.S. Securities and Exchange Commission File No. 001-32276) and Grant Thornton LLP has ceased.

Accredited Mortgage Loan REIT Trust – LOAN AGREEMENT Dated March 30, 2007 by and among ACCREDITED HOME LENDERS, INC., as Borrower, ACCREDITED MORTGAGE LOAN REIT TRUST, as Borrower, ACCREDITED HOME LENDERS HOLDING CO. as a Guarantor, LENDING ENTITIES parties hereto as Lenders, FARALLON CAPITAL MANAGEMENT, L.L.C., as Administrative Agent, and FARALLON CAPITAL MANAGEMENT, L.L.C., as Collateral Agent, (April 5th, 2007)

This LOAN AGREEMENT dated as of March 30, 2007 (as amended, supplemented or modified from time to time, this “Agreement”) is entered into by and among ACCREDITED HOME LENDERS, INC., a California corporation (“AHL”), and ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust (the “REIT”; together with AHL, each individually a “Borrower” and collectively, the “Borrowers”), ACCREDITED HOME LENDERS HOLDING CO., a Delaware corporation (“Holdings”), each of the lending entities that from time to time is a party hereto (each individually a “Lender” and collectively, the “Lenders”), FARALLON CAPITAL MANAGEMENT, L.L.C., as administrative agent for the Lenders (in such capacity, together with its successors and assigns, if any, in such capacity, the “Administrative Agent”), and FARALLON CAPITAL MANAGEMENT, L.L.C., as collateral agent for the Lenders (in such capacity, together with its successors and assigns, if any, in such capacity, the “Collateral Agent”).

Accredited Mortgage Loan REIT Trust – Accountants and Business Advisors March 27, 2007 Audit Committee Chairman Accredited Mortgage Loan REIT Trust 15090 Avenue of Science Sand Diego, CA 92128 Dear Ms. Gunderson: (April 3rd, 2007)

This sis to confirm that the client-auditor relationship between Accredited Mortgage Loan REIT Trust (U.S. Securities and Exchange Commission File No. 001-32276) and Grant Thornton LLP has ceased.

Accredited Mortgage Loan REIT Trust – Accountants and Business Advisors March 27, 2007 Audit Committee Chairman Accredited Mortgage Loan REIT Trust 15090 Avenue of Science Sand Diego, CA 92128 Dear Ms. Gunderson: (April 2nd, 2007)

This sis to confirm that the client-auditor relationship between Accredited Mortgage Loan REIT Trust (U.S. Securities and Exchange Commission File No. 001-32276) and Grant Thornton LLP has ceased.

Accredited Mortgage Loan REIT Trust – INDENTURE dated as of January 1, 2007 by and between ACCREDITED MORTGAGE LOAN TRUST 2007-1, as Issuing Entity and DEUTSCHE BANK NATIONAL TRUST COMPANY as Indenture Trustee (February 23rd, 2007)

Cross-reference sheet showing the location in the Indenture of the provisions inserted pursuant to Sections 310 through 318(a) inclusive of the Trust Indenture Act of 1939.1

Accredited Mortgage Loan REIT Trust – SALE AND SERVICING AGREEMENT dated as of January 1, 2007 by and among ACCREDITED MORTGAGE LOAN REIT TRUST, as Depositor, ACCREDITED HOME LENDERS, INC., as Sponsor and Servicer, ACCREDITED MORTGAGE LOAN TRUST 2007-1, as Issuing Entity, and DEUTSCHE BANK NATIONAL TRUST COMPANY, as Indenture Trustee (February 2nd, 2007)

SALE AND SERVICING AGREEMENT, dated as of January 1, 2007 (this “Agreement”), by and among ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN TRUST 2007-1, a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED HOME LENDERS, INC., a California corporation, as servicer (the “Servicer”), and DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as indenture trustee (the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – ACCREDITED HOME LENDERS, INC., ACCREDITED MORTGAGE LOAN REIT TRUST, LEHMAN BROTHERS INC., BANC OF AMERICA SECURITIES LLC, BEAR, STEARNS & CO. INC., AND HSBC SECURITIES USA, INC. UNDERWRITING AGREEMENT FOR ACCREDITED MORTGAGE LOAN TRUST 2007-1 MORTGAGE-BACKED NOTES CLASS A-1 VARIABLE RATE NOTES CLASS A-2 VARIABLE RATE NOTES CLASS A-3 VARIABLE RATE NOTES CLASS A-4 VARIABLE RATE NOTES CLASS M-1 VARIABLE RATE NOTES CLASS M-2 VARIABLE RATE NOTES CLASS M-3 VARIABLE RATE NOTES CLASS M-4 VARIABLE RATE NOTES CLASS M-5 VARIABLE RATE NOTES CLASS M-6 VARIABLE RATE NOTES CLASS M-7 VARIABLE RATE NOTES CLASS (February 2nd, 2007)
Accredited Mortgage Loan REIT Trust – AMENDED AND RESTATED TRUST AGREEMENT dated as of January 30, 2007 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and U.S. BANK TRUST NATIONAL ASSOCIATION, as Owner Trustee ACCREDITED MORTGAGE LOAN TRUST 2007-1 Asset-Backed Notes, Series 2007-1 (February 2nd, 2007)

This AMENDED AND RESTATED TRUST AGREEMENT, dated as of January 30, 2007, is among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – INDENTURE dated as of January 1, 2007 by and between ACCREDITED MORTGAGE LOAN TRUST 2007-1, as Issuing Entity and DEUTSCHE BANK NATIONAL TRUST COMPANY as Indenture Trustee (February 2nd, 2007)

Cross-reference sheet showing the location in the Indenture of the provisions inserted pursuant to Sections 310 through 318(a) inclusive of the Trust Indenture Act of 1939.1

Accredited Mortgage Loan REIT Trust – ISDA® International Swaps and Derivatives Association, Inc. MASTER AGREEMENT dated as of January 30, 2007 (February 2nd, 2007)

have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

Accredited Mortgage Loan REIT Trust – AMENDMENT NO. 1 Dated as of October 31, 2006 to AMENDED AND RESTATED TRUST AGREEMENT dated as of March 28, 2006 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and as Owner Trustee (November 2nd, 2006)

AMENDMENT NO. 1, dated as of October 31, 2006 (the “Amendment”), to the AMENDED AND RESTATED TRUST AGREEMENT (the “Agreement”), dated as of March 28, 2006, among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – AMENDMENT NO. 1 Dated as of October 31, 2006 to AMENDED AND RESTATED TRUST AGREEMENT dated as of June 29, 2006 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and as Owner Trustee (November 2nd, 2006)

AMENDMENT NO. 1, dated as of October 31, 2006 (the “Amendment”), to the AMENDED AND RESTATED TRUST AGREEMENT (the “Agreement”), dated as of June 29, 2006, among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – AMENDMENT NO. 1 Dated as of October 31, 2006 to AMENDED AND RESTATED TRUST AGREEMENT dated as of November 23, 2005 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and as Owner Trustee (November 2nd, 2006)

AMENDMENT NO. 1, dated as of October 31, 2006 (the “Amendment”), to the AMENDED AND RESTATED TRUST AGREEMENT (the “Agreement”), dated as of November 23, 2005, among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – AMENDMENT NO. 1 Dated as of October 31, 2006 to AMENDED AND RESTATED TRUST AGREEMENT dated as of August 25, 2005 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and as Owner Trustee (November 2nd, 2006)

AMENDMENT NO. 1, dated as of October 31, 2006 (the “Amendment”), to the AMENDED AND RESTATED TRUST AGREEMENT (the “Agreement”), dated as of August 25, 2005, among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – AMENDMENT NO. 1 TO THE SALE AND SERVICING AGREEMENT (October 27th, 2006)

Amendment No. 1, dated as of October 26, 2006 (the “Amendment”), to the Sale and Servicing Agreement (the “Agreement”) dated as of March 1, 2006, by and among ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor and as servicer (the “Sponsor” or the “Servicer,” as applicable), ACCREDITED MORTGAGE LOAN TRUST 2006-1, a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), and DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as indenture trustee (the “Indenture Trustee”). Capitalized terms used and not defined herein shall have the meaning set forth in the Agreement.

Accredited Mortgage Loan REIT Trust – SALE AND SERVICING AGREEMENT dated as of [DATE] by and among ACCREDITED MORTGAGE LOAN REIT TRUST, as Depositor, ACCREDITED HOME LENDERS, INC., as Sponsor and Servicer, ACCREDITED MORTGAGE LOAN TRUST 200[_]-[_], as Issuing Entity, and as Indenture Trustee (April 18th, 2006)

SALE AND SERVICING AGREEMENT, dated as of [DATE] (this “Agreement”), by and among ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN TRUST 200[_]-[_], a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED HOME LENDERS, INC., a California corporation, as servicer (the “Servicer”), and [                                    ], a [national banking association], as indenture trustee (the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – SALE AND SERVICING AGREEMENT dated as of , 20 by and among ACCREDITED MORTGAGE LOAN REIT TRUST, as Depositor, ACCREDITED HOME LENDERS, INC., as Sponsor and Servicer, ACCREDITED MORTGAGE LOAN TRUST 200_-_, as Issuing Entity, and as Indenture Trustee (April 18th, 2006)

SALE AND SERVICING AGREEMENT, dated as of                     , 20     (this “Agreement”), by and among ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN TRUST 200_-_, a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED HOME LENDERS, INC., a California corporation, as servicer (the “Servicer”), and                                                                      , a national banking association, as indenture trustee (the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – ISDA® International Swap Dealers Association, Inc. MASTER AGREEMENT dated as of March 28, 2006 (April 10th, 2006)

have entered and/or anticipate entering into one of more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.

Accredited Mortgage Loan REIT Trust – INDENTURE dated as of March 1, 2006 by and between ACCREDITED MORTGAGE LOAN TRUST 2006-1, as Issuing Entity and DEUTSCHE BANK NATIONAL TRUST COMPANY as Indenture Trustee (April 10th, 2006)

This INDENTURE, dated as of March 1, 2006 (as amended or supplemented from time to time as permitted hereby, this “Indenture”), is between ACCREDITED MORTGAGE LOAN TRUST 2006-1, a Delaware statutory trust (together with its permitted successors and assigns, the “Issuing Entity”), and DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as Indenture Trustee (together with its permitted successors in the trusts hereunder, the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – AMENDED AND RESTATED TRUST AGREEMENT dated as of March 28, 2006 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and U.S. BANK TRUST NATIONAL ASSOCIATION, as Owner Trustee ACCREDITED MORTGAGE LOAN TRUST 2006-1 Asset-Backed Notes, Series 2006-1 (April 10th, 2006)

This AMENDED AND RESTATED TRUST AGREEMENT, dated as of March 28, 2006, is among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – SALE AND SERVICING AGREEMENT dated as of March 1, 2006 by and among ACCREDITED MORTGAGE LOAN REIT TRUST, as Depositor, ACCREDITED HOME LENDERS, INC., as Sponsor and Servicer, ACCREDITED MORTGAGE LOAN TRUST 2006-1, as Issuing Entity, and DEUTSCHE BANK NATIONAL TRUST COMPANY, as Indenture Trustee (April 10th, 2006)

SALE AND SERVICING AGREEMENT, dated as of March 1, 2006 (this “Agreement”), by and among ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN TRUST 2006-1, a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED HOME LENDERS, INC., a California corporation, as servicer (the “Servicer”), and DEUTSCHE BANK NATIONAL TRUST COMPANY, a national banking association, as indenture trustee (the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – ACCREDITED HOME LENDERS, INC., ACCREDITED MORTGAGE LOAN REIT TRUST, MORGAN STANLEY & CO. INCORPORATED, GOLDMAN, SACHS & CO., LEHMAN BROTHERS INC., AND CREDIT SUISSE SECURITIES (USA) LLC UNDERWRITING AGREEMENT FOR ACCREDITED MORTGAGE LOAN TRUST 2006-1 MORTGAGE-BACKED NOTES CLASS A-1 VARIABLE RATE NOTES CLASS A-2 VARIABLE RATE NOTES CLASS A-3 VARIABLE RATE NOTES CLASS A-4 VARIABLE RATE NOTES CLASS M-1 VARIABLE RATE NOTES CLASS M-2 VARIABLE RATE NOTES CLASS M-3 VARIABLE RATE NOTES CLASS M-4 VARIABLE RATE NOTES CLASS M-5 VARIABLE RATE NOTES CLASS M-6 VARIABLE RATE NOTES CLASS M-7 VARIABLE RATE NOT (April 10th, 2006)
Accredited Mortgage Loan REIT Trust – INDENTURE dated as of [DATE] by and between ACCREDITED MORTGAGE LOAN TRUST 200[ ]-[ ], as Issuing Entity and as Indenture Trustee (March 10th, 2006)

Account, an amount equal to the product of (A) a fraction, the numerator of which is the amount on deposit in such sub-account of the Reserve Account and the denominator of which is the aggregate amount on deposit in the Reserve Account and (B) the Shortfall Amount after giving effect to Section 8.01(a)(vi)(B) first of the Indenture;

Accredited Mortgage Loan REIT Trust – SALE AND SERVICING AGREEMENT dated as of [DATE] by and among ACCREDITED MORTGAGE LOAN REIT TRUST, as Depositor, ACCREDITED HOME LENDERS, INC., as Sponsor and Servicer, ACCREDITED MORTGAGE LOAN TRUST 200[_]-[_], as Issuing Entity, and as Indenture Trustee (March 10th, 2006)

SALE AND SERVICING AGREEMENT, dated as of [DATE] (this “Agreement”), by and among ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN TRUST 200[_]-[_], a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED HOME LENDERS, INC., a California corporation, as servicer (the “Servicer”), and [                                    ], a [national banking association], as indenture trustee (the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – AMENDED AND RESTATED TRUST AGREEMENT dated as of [DATE] by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and as Owner Trustee ACCREDITED MORTGAGE LOAN TRUST 200[ ]-[ ] Asset-Backed Notes, Series 200[ ]-[ ] (March 10th, 2006)

This AMENDED AND RESTATED TRUST AGREEMENT, dated as of [DATE], is among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and [                                    ], a [                    ], as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – INDENTURE dated as of , 200 by and between ACCREDITED MORTGAGE LOAN TRUST 200 - , as Issuing Entity and as Indenture Trustee (March 10th, 2006)

Certificateholders, pursuant to Section 6.14 of the Indenture, until any successor Authenticating Agent for the Notes is named, and thereafter “Authenticating Agent” shall mean such successor. The initial Authenticating Agent shall be the Indenture Trustee. Any Authenticating Agent other than the Indenture Trustee shall sign an instrument under which it agrees to be bound by all of the terms of this Indenture applicable to the Authenticating Agent.

Accredited Mortgage Loan REIT Trust – AMENDED AND RESTATED TRUST AGREEMENT dated as of , 200 by and among ACCREDITED HOME LENDERS, INC., as Sponsor, ACCREDITED MORTGAGE LOAN REIT TRUST as Depositor, and as Owner Trustee ACCREDITED MORTGAGE LOAN TRUST 200 - Asset- Backed Notes, Series 200 - (March 10th, 2006)

This AMENDED AND RESTATED TRUST AGREEMENT, dated as of                     , 200    , is among ACCREDITED HOME LENDERS, INC., as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”) and                     , a national banking association, as owner trustee (the “Owner Trustee”).

Accredited Mortgage Loan REIT Trust – SALE AND SERVICING AGREEMENT dated as of , 20 by and among ACCREDITED MORTGAGE LOAN REIT TRUST, as Depositor, ACCREDITED HOME LENDERS, INC., as Sponsor and Servicer, ACCREDITED MORTGAGE LOAN TRUST 200_-_, as Issuing Entity, and as Indenture Trustee (March 10th, 2006)

SALE AND SERVICING AGREEMENT, dated as of                     , 20     (this “Agreement”), by and among ACCREDITED MORTGAGE LOAN REIT TRUST, a Maryland real estate investment trust, as depositor (the “Depositor”), ACCREDITED HOME LENDERS, INC., a California corporation, as sponsor (the “Sponsor”), ACCREDITED MORTGAGE LOAN TRUST 200_-_, a Delaware statutory trust, as issuing entity (the “Issuing Entity”), ACCREDITED HOME LENDERS, INC., a California corporation, as servicer (the “Servicer”), and                                                                      , a national banking association, as indenture trustee (the “Indenture Trustee”).

Accredited Mortgage Loan REIT Trust – Top 10 Zip Code Concentrations No. of Loans Total Current Balance % WAC WAM WALA WAOT NZWA MARGIN NZWA CLTV NZWA Full CLTV NZWA Fico Score (November 17th, 2005)
Accredited Mortgage Loan REIT Trust – Computational Materials (Approximate) Accredited Mortgage Loan Trust 2005-4 Asset-Backed Notes Accredited Home Lenders, Inc. (Sponsor and Servicer) (November 15th, 2005)
Accredited Mortgage Loan REIT Trust – Selection Criteria: Silent (November 15th, 2005)
Accredited Mortgage Loan REIT Trust – Selection Criteria: Silent (November 15th, 2005)