PHH MORTGAGE CAPITAL LLC, Depositor PHH MORTGAGE CORPORATION, Master Servicer CITIBANK N.A., Trustee POOLING AND SERVICING AGREEMENT Dated as of April 1, 2007 PHHMC Mortgage Pass-Through Certificates, Series 2007-2Pooling and Servicing Agreement • May 9th, 2007 • PHHMC Series 2007-2 Trust • Asset-backed securities • New York
PHH MORTGAGE CAPITAL LLC PHHMC Mortgage Pass-Through Certificates, Series 2007-2Agency Agreement • May 10th, 2007 • PHHMC Series 2007-2 Trust • Asset-backed securities • New York
PHH Mortgage Capital LLC, a Delaware limited liability company (the “Depositor”), proposes to engage you (also referred to herein as the “Agent”) as placement agent, on a best efforts basis, only pursuant to this Agency Agreement (the “Agreement”), for all of the PHHMC Mortgage Pass-Through Certificates, Series 2007-2, Class A-1, Class A-2, Class A-3, Class A-4, Class B-2 and Class B-3 Certificates (collectively, the “Certificates”), having the aggregate principal or notional amounts and Pass-Through Rates set forth above. The Certificates, together with the Class A-5, Class A-6, Class B-1, Class B-4, Class B-5 and Class B-6 Certificates (collectively, the “Private Certificates”) and the Class R-I Certificates and Class R-II Certificates (together, the “Class R Certificates”) of the same series, will evidence the entire beneficial interest in the Trust Fund (as defined in the Pooling and Servicing Agreement referred to below) consisting primarily of a pool (the “Pool”) of conventional,
PHH MORTGAGE CAPITAL LLC, Depositor PHH MORTGAGE CORPORATION, Master Servicer CITIBANK N.A., Trustee POOLING AND SERVICING AGREEMENT Dated as of April 1, 2007 PHHMC Mortgage Pass-Through Certificates, Series 2007-2Pooling and Servicing Agreement • May 10th, 2007 • PHHMC Series 2007-2 Trust • Asset-backed securities • New York
