Home Equity Loan Trust 2007-Hsa3 Sample Contracts

SERVICING AGREEMENT Dated as of May 30, 2007
Servicing Agreement • June 14th, 2007 • Home Equity Loan Trust 2007-Hsa3 • Asset-backed securities • New York

This Servicing Agreement, dated as of May 30, 2007, among Residential Funding Company, LLC (the "Master Servicer"), the Home Equity Loan Trust 2007-HSA3 (the "Issuer"), and LaSalle Bank National Association (the "Indenture Trustee"). W I T N E S S E T H T H A T: WHEREAS, pursuant to the terms of the Purchase Agreement, Residential Funding Company, LLC (in its capacity as Seller) will sell to the Depositor the Group I Loans and Group II Loans together with the Related Documents on the Closing Date and thereafter all Additional Balances on the Group II Loans created on or after the Cut-off Date (except as set forth herein); WHEREAS, the Depositor will sell the Group I Loans and Group II Loans and all of its rights under the Purchase Agreement to the Issuer, together with the Related Documents on the Closing Date, and thereafter all Additional Balances on the Group II Loans created on or after the Cut-off Date (except as set forth herein); WHEREAS, pursuant to the terms of the Trust Agree

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as Owner Trustee AMENDED AND RESTATED TRUST AGREEMENT Dated as of May 30, 2007
Trust Agreement • June 14th, 2007 • Home Equity Loan Trust 2007-Hsa3 • Asset-backed securities • Delaware

This Amended and Restated Trust Agreement, dated as of May 30, 2007 (as amended from time to time, this "Trust Agreement"), between RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC., a Delaware corporation, as depositor (the "Depositor") and WILMINGTON TRUST COMPANY, a Delaware banking corporation, as owner trustee (the "Owner Trustee"), WITNESSETH THAT: WHEREAS, the Depositor and the Owner Trustee entered into a trust agreement dated as of May 29, 2007, in connection with the formation of a Delaware statutory trust (the "Original Trust Agreement"); and WHEREAS, the Depositor and the Owner Trustee wish to amend and restate the Original Trust Agreement. NOW, THEREFORE, in consideration of the mutual agreements herein contained, the Depositor and the Owner Trustee agree as follows:

as Seller HOME EQUITY LOAN PURCHASE AGREEMENT Dated as of May 30, 2007
Loan Purchase Agreement • June 14th, 2007 • Home Equity Loan Trust 2007-Hsa3 • Asset-backed securities • New York

This HOME EQUITY LOAN PURCHASE AGREEMENT (this "Agreement"), dated as of May 30, 2007, is made between Residential Funding Company, LLC (the "Seller") and Residential Funding Mortgage Securities II, Inc. (the "Purchaser"). W I T N E S S E T H : WHEREAS, the Seller owns Cut-off Date Loan Balances and the Related Documents for the fixed-rate, closed-end home equity mortgage loans (the "Group I Loans") indicated on the Group I Loan schedule, attached as Exhibit 1 hereto (the "Group I Loan Schedule"), the adjustable rate, revolving credit loans (the "Group II Loans" and, together with the Group I Loans, the "Home Equity Loans") indicated on the Group II Loan schedule, attached as Exhibit 2 hereto (the "Group II Loan Schedule"), 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 Home Equity Loans; WHEREAS, the parties hereto desire that the Seller sell the Cut-off Date Loan Bal

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