Fremont Home Loan Trust 2006-2 Sample Contracts

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FINANCIAL ASSET SECURITIES CORP. Fremont Home Loan Trust 2006-2 Asset-Backed Certificates, Series 2006-2 UNDERWRITING AGREEMENT
Underwriting Agreement • May 16th, 2006 • Fremont Home Loan Trust 2006-2 • Asset-backed securities • New York

Financial Asset Securities Corp., a Delaware corporation (the “Company”), proposes to sell, and Greenwich Capital Markets, Inc. (“GCM”) and Wachovia Capital Markets, LLC (together the “Underwriters”) propose to purchase, the aggregate principal amount (or notional amount, as applicable) of the Fremont Home Loan Trust 2006-2 Asset-Backed Certificates, Class I-A-1, Class II-A-1, Class II-A-2, Class II-A-3, Class II-A-4, Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates (the “Offered Certificates”) set forth opposite its name on Schedule I hereto. Only the Offered Certificates are being purchased by the Underwriter hereunder. The Offered Certificates, together with the Class B-1, Class B-2, Class C, Class P, Class R and Class R-X Certificates (collectively, the “Certificates”), will be issued by the Company pursuant to a Pooling Agreement (the “Pooling Agreement”), dated as of April 1, 2006, among the Company, as

FREMONT HOME LOAN TRUST 2006-2 AMENDMENT NO. 1 TO POOLING AND SERVICING AGREEMENT Dated as of July 20, 2006 Fremont Home Loan Trust 2006-2 Asset-Backed Certificates, Series 2006-2
Pooling and Servicing Agreement • July 25th, 2006 • Fremont Home Loan Trust 2006-2 • Asset-backed securities • New York

AMENDMENT NO. 1 (this “Amendment”) effective as of April 1, 2006, among Financial Asset Securities Corp., as depositor (the “Depositor”), Fremont Investment & Loan, as servicer (the “Servicer”), Wells Fargo Bank, N.A., as master servicer and trust administrator (the “Master Servicer” and “Trust Administrator”) and Deutsche Bank National Trust Company, as trustee (the “Trustee”).

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