Soundview Home Loan Trust 2006-Opt1 Sample Contracts

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FINANCIAL ASSET SECURITIES CORP. Soundview Home Loan Trust 2006-OPT1 Asset- Backed Certificates, Series 2006-OPT1 UNDERWRITING AGREEMENT
Underwriting Agreement • April 19th, 2006 • Soundview Home Loan Trust 2006-Opt1 • Asset-backed securities • New York

Financial Asset Securities Corp., a Delaware corporation (the “Company”), proposes to sell to Greenwich Capital Markets, Inc. (“RBS GC”), and WaMu Capital Corp. (“WaMu” and, together with RBS GC, the “Underwriters”), its Soundview Home Loan Trust 2006-OPT1 Certificates in the classes, in the respective original principal amounts and with the designations set forth in Schedule I hereto (the “Offered Certificates”). Only the Offered Certificates are being purchased by the Underwriters hereunder. The Offered Certificates, together with the Class M-9, Class M-10, Class M-11, Class C, Class P, Class R and Class R-X Certificates (collectively, the “Certificates”), will be issued by the Company pursuant to a Pooling and Servicing Agreement (the “Pooling Agreement”), dated as of March 1, 2006, among the Company, as depositor, Option One Mortgage Corporation, as originator, sponsor and servicer (the “Originator”, “Sponsor” and “Servicer”) and Deutsche Bank National Trust Company, as trustee (th

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