FORM OF MORTGAGE LOAN PURCHASE AGREEMENTMortgage Loan Purchase Agreement • March 6th, 2007 • Citicorp Mortgage Securities Trust, Series 2007-2 • Asset-backed securities • New York
This Mortgage Loan Purchase Agreement (the "Agreement") dated as of February 1, 2007 is between CitiMortgage, Inc. ("CMI" or the "Seller") and Citicorp Mortgage Securities, Inc., a Delaware corporation ("CMSI"). The Seller agrees to sell, and CMSI agrees to purchase, the mortgage loans originated or acquired by CMI as described and set forth in the Mortgage Loan Schedule attached as exhibit B (the "mortgage loans") to the Pooling and Servicing Agreement dated as of February 1, 2007 (the "Pooling Agreement"), between CMSI, CMI, U.S. Bank National Association, a national banking association, in its individual capacity and as Trustee (the "Trustee"), and Citibank, N.A., in its individual capacity and as Paying Agent, Certificate Registrar and Authentication Agent, relating to the issuance of Citicorp Mortgage Securities Trust, Series 2007-2 REMIC Pass-Through Certificates class A, class B and residual certificates. Terms used without definition herein shall have the respective meanings as
Parties 9 Background 9 Agreement 9 Series Terms 9Pooling Agreement • March 6th, 2007 • Citicorp Mortgage Securities Trust, Series 2007-2 • Asset-backed securities • New York
· the class LI-1 regular interest will receive a principal distribution, or allocation of the principal portion of realized losses, equal in the aggregate to the principal distribution, or allocation of the principal portion of realized losses, for that day, on class IA-1, and
CITICORP MORTGAGE SECURITIES, INC. Citicorp Mortgage Securities Trust, Series 2007-2 REMIC Pass-Through Certificates Underwriting AgreementCiticorp Mortgage Securities Trust, Series 2007-2 • March 6th, 2007 • Asset-backed securities • New York
If there is only a single pool of mortgage loans, each class of offered certificates has a principal balance equal to the percentage for the class specified under SIZE in the Trade Ticket of the Trade Amount specified in the Trade Ticket.
