Exhibit 10.9 SALOMON BROTHERS REALTY CORP. 390 Greenwich Street New York, New York 10013Letter Agreement • November 14th, 2000 • New Century Financial Corp • Mortgage bankers & loan correspondents
Reference is made to the Letter Agreement, dated April 1, 2000 (the "Letter Agreement"),among New Century Mortgage Corporation ("New Century"), NC Capital Corporation ("NC Capital"), Salomon Brothers Realty Corp. ("SBRC") and Salomon Smith Barney ("Salomon"), pursuant to which SBRC and Salomon have made available to NC Capital an aggregation line with a limit of $1,000,000,000 in amount of mortgage loans. SBRC and Salomon hereby acknowledge that the amount of mortgage loans delivered to the aggregation line through October 2000 exceeds the limit set forth in the Letter Agreement. Notwithstanding the provisions of Section 4(c) of the Letter Agreement, the undersigned hereby agrees to extend the terms of the Letter Agreement until December 31, 2000.
THIS AGREEMENT IS TO BE USED FOR REPOS OR REVERSE REPOS AND BUY/SELL BACKS OF SECURITIES OTHER THAN EQUITIES, U.S. TREASURY INSTRUMENTS AND NET PAYING SECURITIESNew Century Financial Corp • November 14th, 2000 • Mortgage bankers & loan correspondents • England
WARRANT TO PURCHASE SHARES OF COMMON STOCKNew Century Financial Corp • November 14th, 2000 • Mortgage bankers & loan correspondents
THIS AGREEMENT IS TO BE USED FOR REPOS OR REVERSE REPOS AND BUY/SELL BACKS OF SECURITIES OTHER THAN EQUITIES, U.S. TREASURY INSTRUMENTS AND NET PAYING SECURITIESMaster Repurchase Agreement • November 14th, 2000 • New Century Financial Corp • Mortgage bankers & loan correspondents • England
WARRANT TO PURCHASE SHARES OF COMMON STOCKWarrant • November 14th, 2000 • New Century Financial Corp • Mortgage bankers & loan correspondents
WARRANT TO PURCHASE SHARES OF COMMON STOCKNew Century Financial Corp • November 14th, 2000 • Mortgage bankers & loan correspondents
WARRANT TO PURCHASE SHARES OF COMMON STOCKNew Century Financial Corp • November 14th, 2000 • Mortgage bankers & loan correspondents
AMENDMENT NUMBER TWO to the RESIDUAL FINANCING FACILITY AGREEMENT dated as of the 23rd day of June 1999 by and between GREENWICH CAPITAL FINANCIAL PRODUCTS, INC., and NC CAPITAL CORPORATIONNumber • November 14th, 2000 • New Century Financial Corp • Mortgage bankers & loan correspondents • New York
AMENDMENT NUMBER THREE to the RESIDUAL FINANCING FACILITY AGREEMENT dated as of the 23rd day of June 1999 by and between GREENWICH CAPITAL FINANCIAL PRODUCTS, INC., and NC CAPITAL CORPORATIONResidual Financing Facility Agreement • November 14th, 2000 • New Century Financial Corp • Mortgage bankers & loan correspondents • New York
