871 Coronado Center Dr #200 Henderson, NV 89052 Phone: 888-491-3741 Fax: 877-606-2746 info@mortgagecomplianceinvestigators.

com

LDA REPORT (Loan Disposition Analysis Report)

THIS REPORT CONTAINS PRIVATE AND CONFIDENTIAL INFORMATION

Client Name: John Doe Property: 123 Example Blvd Las Vegas, NV 89148 Report Number: CAS0005387 Generated By: MORTGAGE COMPLIANCE INVESTIGATORS Printed: 01/30/2013

THIS LDA ANALYSIS REPORT IS BASED ON: LDA Eligibility Checklist: The Home Affordable Mortgage Program (HAMP) Guidelines Net Present Value: Federal Deposit Insurance Corporation (FDIC). DISCLAIMER: THIS ANALYSIS IS SOLELY BASED ON THE INFORMATION AND FACTS PROVIDED BY THE CLIENT. THE CLIENT AGREES THAT MORTGAGE COMPLIANCE INVESTIGATORS DID NOT PROVIDE ANY TYPE OF COUNSELING OR REPRESENTATION. THIS ANALYSIS REPORT DOES NOT GUARANTEE A LOAN MODIFICATION APPROVAL BY THE LENDER(S). THE RESULTS OF THE NPV TEST MAY DIFFER FROM THE LENDERS IF THE LENDER USES A DIFFERENT MODEL.

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REPORT INDEX
Cover Page Index Analysis Instructions Client Information Page HAMP Eligibility Checklist Net Present Value Pass/Fail Result De Minimis Constraint Pass/Fail Result Net Present Value Test Loan Modification Proposal Foreclosure Avoidance (The Short Sale Alternative) HAFA Short Sale Disclosure Glossary 1 2 3 4 5-6 7 7 8 9-11 12 13 14 15

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Dear John Doe,

Congratulations and thank you for ordering your LDA Report. The goal of this Analysis Report is to provide a simple, logical work-through report that will deliver to you a clear and concise analysis indicating a possible Pre-Qualification Status based on the requirements of the Federal Governments Home Affordable Mortgage Plan (HAMP). Next you will find information about the sections presented in this analysis; please read through them. Understanding each section is essential to get the most out of your analysis and to educate yourself about the Home Affordable Mortgage Program if you chose to apply for a Loan Modification with your Mortgage Lender. HAMP Eligibility Checklist: This is a two (2) column side by side comparison of the most relevant HAMP Requirements (on the left) and the result of your analysis (on the right). Each of these sections will indicate if you Pre-Qualify or not under each specific requirement. Waterfall Mortgage Rates with Loan Extension Option: The table shows the waterfall interest rates available through the HAMP program in 1/8 point increments down to the lowest possible interest rate of 2.00% (interest floor). Financial Statement: This is your monthly financial statement, which is broken down into: Income, Deductions and Expenses. This will generate your debt-to-income (DTI) ratios that are so critical to the pre-qualification process. This information is required when applying for a Loan Modification under HAMP. Assets and Liabilities: This is your Net Worth statement, listing all of your assets and associated costs. This information is required when applying for a Loan Modification under HAMP. Financial Hardship Letter: The hardship letter explains your personal financial situation in a personal and private letter. How did your hardship come about, what are the causes of your financial hardship? Resolving your Financial Hardship: You need to explain the steps you are taking to resolve your financial hardship. List all of the costs you are eliminating! Show your intent to modify your existing loan through the HAMP process. HAMP Application Form (RMA): The HAMP has created an application form that collects all of the required data so you can submit a completed form to the Lender showing all of the required fields completed, signed and dated. Suggested Required Documents Checklist: Lenders require that you provide a list of Documents that must be submitted with the HAMP RMA application. Documents must be current and have your name on them. Check this list to make sure you are at least including these documents with HAMP RMA Package and CHECK W ITH YOUR LENDER FOR ADDITIONAL DOCUMENTATION. HAMP Glossary of Terms: In this section you will find a glossary of terms used throughout the HAMP Application and the Federal Governments HAMP Guidelines. Thank you and good luck with your Loan Modification Process! Sincerely, Mortgage Compliance Investigators 871 Coronado Center Dr #200 Henderson, NV 89052 Phone: 888-491-3741 Fax: 877-606-2746 info@mortgagecomplianceinvestigators.com

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LDA Report
Information Submitted by the Client(s) for Analysis

Borrower Information
Name: John Doe DOB: 03/14/15 SSN: 123-45-6789 Home Phone: 555-123-4567 Mobile Phone: Other Phone: Fax: Email: example@yahoo.com Gross $3,500.00 Income: Front-End 38.74% DTI:

Co-Borrower Information
Name: Jane Doe DOB: SSN: Home Phone: Mobile Phone: Other Phone: Fax: Email: Gross Income: Front-End DTI:

Property Information
Street: 123 Example Blvd City: Las Vegas, NV 89148 State: Nevada Zip Code: 89148 Residence: Primary Units: 1 Client Intent: Keep property / Loan Mod APN: $314,000

1st Mortgage Information

Lender: Wells Fargo Origination Date: 03/14/15 Loan #: 12345 Original Loan Amt.: $314,000 Current Balance: $172,900 Original Term: 360 months Remaining Term: 285 months Interest Rate: 6.50% Monthly Payment: $1,200.00 Date Last Payment: 10/01/2012

2nd Mortgage Information

Name: Bank of America DOB: SSN: Home Phone: Mobile Phone: Other Phone: Fax: Email: Gross Income: Front-End DTI:

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Program Elements Described in the HAMP Guidelines:

Program Expiration: New borrowers will be accepted until December 31, 2012. Program payments will be made for up to five years after the date of entry into a Home Affordable Modification. Monitoring will continue through the life of the program.

This is your position with respect to the Element described:

Pre-Qualified The date in which this Analysis Report is being generated is before the date set as the end of the HAMP Program which is December 31, 2012.

Origination Date of Loan: The mortgage to be modified must have been originated on or before January 1, 2009.

Pre-Qualified The date in which your First Mortgage was originated is [DATE], which is on or before the limit date (01/01/2009) offered by the HAMP Program to prequalify.

Qualification Terms:
Property Status: The home must be a primary residence (verified with tax return, credit report, and other documentation such as a utility bill). Property Status: The home must be an owner-occupied, single family 1-4 unit property (including condominium, cooperative, and manufactured home affixed to a foundation and treated as a permanent home) The home may not be investor-owned. The home may not be vacant or condemned. Loan Balance: First lien loans must have an unpaid principal balance (prior to capitalization of arrearages) equal to or less than: 1 Unit: $729,750 2 Units: $934,200 3 Units: $1,129,250 4 Units: $1,403,400 Pre-Qualified The HAMP Program requires that Single-Unit Properties must have a balance less than or equal to $729,750, and your balance is [LOAN BALANCE]. Based on this information, you are pre-qualified under this requirement. Pre-Qualified Based on the information that you provided, you are prequalified under this specific requirement. You are currently living in this property. Pre-Qualified Based on the information that you provided, you are prequalified under this specific requirement. You specified that you live in your property, so it is not investor owned and it is not vacant or condemned.

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Program Elements Described in the HAMP Guidelines:

Bankruptcy: Borrowers in bankruptcy are not automatically eliminated from consideration for a modification.

This is your position with respect to the Element described:

Pre-Qualified Even if you filed for a bankruptcy, your case will still be considered for a Loan Modification under the HAMP Guidelines. Pre-Qualified Even in the event that you have decided to retain an Attorney and start a litigation process related to the First Mortgage, under the HAMP Program you will be still prequalified under this specific guideline. Not Required Based on the information that you provided, you do not require to opt for the Home Affordable Foreclosure Alternative Program (HAFA). The HAFA Program is a temporary suspension of the Foreclosure process (for qualified homeowners).

Litigation: Borrowers in active litigation regarding the mortgage loan can qualify for a modification without waiving their legal rights.

In Foreclosure Process: Any foreclosure action will be temporarily suspended during the trial period, or while borrowers are considered for alternative foreclosure prevention options. In the event that the Home Affordable Modification or alternative foreclosure prevention options fail, the foreclosure action may be resumed. Current LTV: There is no minimum or maximum LTV ratio for eligibility purposes.

Pre-Qualified Since there is no pre-set limitation in terms of the Loan to Value (LTV), you are pre-qualified under this specific requirement.

Loan Type Exclusions: Loans can only be modified under the Home Affordable Modification program ONCE.

Pre-Qualified Based on the information that you provided, since this is the first time that you are applying for a Loan Modification, you are pre-qualified under this specific requirement. You may receive up to $1,000 of Pay-for-Performance Success Payments each year for up to five years. Base on this guideline of the HAMP Program, borrowers are eligible to receive a Pay-for-Performance Success Payment that goes straight towards reducing the principal balance on the mortgage loan as long as the borrower is current on his or her monthly payments.

Borrower Pay-for-Performance Success Payments: Borrowers are eligible to receive a Pay-for-Performance Success Payment that goes straight towards reducing the principal balance on the mortgage loan. Borrowers can receive up to $1,000 of Pay-for-Performance Success Payments each year for up to five years.

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FDICs Net Present Value Test Explanation Result

Program Explanation: The NPV Test compares the net present value (NPV) of cash flows expected from a modification to the net present value of cash flows expected in the absence of modification. If the NPV of the modification scenario is greater, the NPV result is deemed positive (Pass), otherwise it is deemed negative (Failed). The NPV Test applies to the Standard Waterfall only and does not require consideration of principal forgiveness. However, the servicer may choose to forgive principal if the servicer determines that principal forgiveness improves the likelihood of loan performance and the value of modification. Passed Based on the information that you provided, you PASS the FDICs Net Present Value (NPV) Test. The NPV is crucial to determine pre-qualification status for a Loan Modification or Short Sale process.

De Minimis Constraint Test Explanation

Term Explanation: To qualify for a Borrower Pay for Performance Success Payments, the modification must reduce the monthly payment by a minimum of 6 %. The monthly payment is the PITIA payment, as used in defining DTI, with the loan fully indexed and fully amortized. When paid, Borrower Pay for Performance Success Payments will be the lesser of (i) $1,000 or (ii) half the reduction in the borrowers annualized monthly payment. Passed Based on the information that you provided, you PASS the De Minimis Test. The reduction of your First Mortgage Monthly Payment is greater than or equal to 6%.

Result

Test Parameters
Current Monthly Mortgage Payment Estimated NEW Monthly Mortgage Payment Reduction of the Monthly Mortgage Payment $1,356.02 $1,080.07 20.35%

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FDICs Net Present Value Test

Net Present Value Test
Current Freddie Mac Rate Program Interest Rate Floor 5.4% 3.0%

Present Value of Modification

Affordable DTI Level Modified Payment Interest Rate with 30-Year Term Interest Rate with 40-Year Term 31% $1,080.07 2.8% 2.8%

(if interest rate is less than program floor, extend term)

Loan Origination Information & Current Status

Original Loan Amount Original Amortization Term Original Interest Rate Interest Only Loan (Y/N) Current UPB Current Rate Remaining Term Months Past Due Property State Advances/Escrow Current Monthly Payment Current Interest Payment Current Principal Amount Past Due Interest UPB Adjusted for Accrued Interest and Escrow $150,900 240 5.130% N $137,689 5.130% 201 4 NJ $572 $1,006.74 $645.10 $361.64 $2,943.00 $141,204

Principle Forbearance Required

UPB Adjusted for Accrued Interest and Escrow Modified Rate Modified Payment Modified Loan Term Modified Full-Amortization Payment Difference From Affordable Payment Principle Forbearance PV Reduced Cash Flow $141,204 3.0% $1,080.07 201 $1,094.59 $14.52 $2,292.75 ($15,538.28)

Valuation Given Redefault After Modification

Redefault Rate Months to Redefault Home Price Appreciation Forecast Future Interest and Advanced Escrow REO Value PV Estimated Loss 40% 3 - 4% $16,644 $56,303 ($71,752)

Borrower Status
Monthly Income Monthly Taxes & Insurance $3,300 $143

Foreclosure Scenario
UPB Adjusted for Accrued Interest and Escrow Current Value Home Price Appreciation Forecast REO Stigma Discount Months to Foreclosure Sale Months to REO Sale Foreclosure & REO Disposition Costs Future Interest & Advanced Escrow REO Value Zero Cure PV Loss Cure Rate PV Probability WTD Loss $141,204 $107,000 -5% 20% 24 6 $9,229 $18,448 $53,643 ($76,447) 15% ($64,980)

Value of Modification
Modification Value Benefit from Modification NPV Test (Pass/Fail) ($38,024) $26,955.56 Pass

Modification Terms
% Difference from Original Payment Borrower Payment After Months: 1 60 72 60 84 96 108 -20.35% $1,080.07 $1,129.82 $1,177.18 $1,194.88 $1,194.88 $1,194.88

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Loan Modification Proposal (1/3)

Borrower Name: Property Address: John Doe 123 Example Blvd Las Vegas, NV 89148 1st Loan #: 1234

We are proposing the following Loan Modification Terms for your favorable decision:

Loan Modification Proposal

First Mortgage Loan Type: Current 30 Year Fix Proposed Fixed

Income Analysis
Income Analysis Gross Monthly House Hold Income Net Monthly House Hold Income Total Monthly Expenses (Non-Mortgage Related) Totally Monthly Housing Taxes and Insurance Total Monthly Expanses (Including Mortgage) Monthly Net Cash Flow Current $3,500.00 Proposed $3,500.00

Principal Balance:

$172,900.00

$172.900.00

$3,500.00

$3,500.00

Terms:

30 Years

30 Years

$0.00

$0.00

Interest Rate (APR):

6.500%

6.375%

$100.00

$100.00

Monthly 1st Mortgage Payment (PITIA) Housing DTI (Includes 1st Mortgage) Amount Past Due

$1,200.00

$1,078.67

$1,200

$1,078.67

34.29%

30.82%

$2,200.00

$2,321.33

$0.00

$0.00

Surplus/deficit % of Income Back End DTI

65.71%

69.18%

Escrow Shortage (Included in Proposed Principal): Fees & Admin Costs (Per HUD Guides Waived): Requested Principal Reduction Amount for 1st Mortgage:

$0.00

34.29%

30.82%

$0.00

$0.00

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Loan Modification Proposal (2/3)

Asset Liquidation Analysis
Current Market Value: Foreclosure Estimated Sales Price (75% of CMV) Less: Real Estate Commissions @ 5%: Less: Estimated Foreclosure Costs: Total Sale Proceeds to Lender $1,078.67 $2,421.33

Market Value Analysis

Current Market Value: Balance of First Mortgage: Total Mortgage Debt $120,000.00 $172,900.00

$0.00

$172,900.00

$15,000.00

Equity Surplus/Deficit

($172,900.00)

($15,000.00)

Current LTV:

144.08%

Loan Modification Proposal

The proposed modified new monthly payments for 1st and 2nd (not including taxes, insurance, or association) The modified payment monthly residual cash flow is: $1,078.67

Foreclosure Estimated Loss

Total Sale Proceeds ($15,000.00)

$2,421.33

Less: Balance of 1st Mortgage

$172,900.00

Estimated Lender Loss from Foreclosure

$187,900.00

Cost of Foreclosure Analysis

Est. months in arrears at time of REO sale: Current Monthly Mortgage Payments (P+I Only): Mortgage Payments in arrears at sale: Attorneys Fees: Estimated Cost to Secure Property: Estimated Maintenance Costs: Total Estimated Foreclosure Costs (Does not include any costs to cure property): $15,000.00 10 $1,200.00 $12,000.00 $1,000.00 $1,000.00 $1,000.00

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Loan Modification Proposal (3/3)

Borrower Name: Property Address: John Doe 123 Example Blvd Las Vegas, NV 89148 1st Loan #: 1234

Based upon the information presented, the requested Loan Modification and reduced monthly payment would allow the homeowners to meet the monthly payment obligation and remain in their home. Per HUD Guidelines, all Late Fees and associated Administrative costs should be waived. All current and delinquent principal, interest, and escrow items will be capitalized into the modified principal balance. The first payment shall be due on the following full month from the date of the modification approval.

We politely request a Principal Reduction to 100% LTV.

Sincerely, Mortgage Compliance Investigators 871 Coronado Center Dr #200 Henderson, NV 89052 Phone: 888-491-3741 Fax: 877-606-2746 info@mortgagecomplianceinvestigators.com

Our Proposed Loan Modification Terms are:

APR
1st Mortgage Total 6.375%

PITIA
$1,078.67 $1,078.67

DTI
30.82% (PITIA)

LTV
100.00% 100.00%

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FORECLOSURE AVOIDANCE - THE SHORT SALE ALTERNATIVE

Short Sale Overview While HAMP and other Loan Modification program guidelines are intended to assist a broad range of at-risk borrowers, it is expected that in certain situations borrowers may wish to, or need to, consider other foreclosure prevention options (for example, if the borrower was unable to be approved for a HAMP modification request, or a HAMP modification is offered, but not acceptable to the borrower, or if the borrower falls out of a prior HAMP loan modification arrangement.) In these instances, the borrower may benefit from a Short Sale option which enables the borrower to transition to more affordable housing and avoid the negative impacts of a foreclosure.

How a Short Sale Works In a short sale, the servicer will allow the borrower to list and sell the mortgaged property with the understanding that the net proceeds from the sale may be less than the total amount due on the mortgage. The servicer will accept the short payoff as full satisfaction of the total amount due on the mortgage. Pre-Sale The servicer will typically start by approving a list price for the home, or provide an acceptable sales proceeds amount (the minimum amount, after costs, that the servicer will accept) from the sale of the home. They will also usually identify the sales costs (broker commissions, closing costs etc.) that may be deducted from the final sales price.

Minimum Acceptable Net Proceeds In a short sale, the servicer will allow the borrower to list and sell the mortgaged property with the understanding that the net proceeds from the sale may be less than the total amount due on the mortgage. The servicer will accept the short payoff as full satisfaction of the total amount due on the mortgage.

Allowable Transaction Costs In determining the minimum net, the servicer will also consider reasonable and customary real estate transaction costs for the community in which the property is located and determine which of these costs the servicer or investor is willing to pay from sale proceeds. Offer Once the borrower receives an offer on the home, they submit the required documentation to the servicer.

Closing Once the sale closes, the borrower is released from all responsibilities of paying their mortgage. In many situations, they may also receive some funds to help pay for their moving expenses.

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HOME AFFORDABLE FORECLOSURE ALTERNATIVE (HAFA) SHORT SALE PROGRAM HIGHLIGHTS

Eligibility/Consideration for the HAFA Short Sale Program Under the Governments Home Affordable Modification Program, servicers must consider eligible borrowers for a HAFA Short Sale within 30 calendar days of the date the borrower: Does not qualify for a HAMP Trial Period Plan Does not successfully complete a Trial Period Plan Is delinquent on a HAMP modification by missing at least two consecutive payments, or Requests a Short Sale Borrower-Initiated Approval for a HAFA Short Sale In the event that a borrower has an executed sales contract and requests the servicer to approve a short sale, the servicer must evaluate the borrower for HAFA. The borrower needs to submit the request to the servicer in the form of an Alternative Reques t for Approval of Short Sale (Alternative RASS). Upon receipt of the Alternative RASS, the servicer must determine the basic eligibility of the borrower. If the servicer approves the short sale, then the loan qualifies for the HAFA program. If the borrower appears to be eligible and was not previously considered for a Trial Period Plan, the servicer must also noti fy the borrower verbally or in writing of the availability of a HAMP loan modification and allow the borrower up to 14 calendar days from the date of the notification to contact the servicer by verbal or written communication and request consideration for a HAMP modification. Release of First Mortgage Lien Sale Program The servicer must release its first mortgage lien within ten business days (or earlier if required by state or local laws) after receipt of sale proceeds from a short sale. Additionally, the investor must waive all rights to seek a deficiency judgment and may not require the borrower to sign a promissory note for the deficiency. Release of Subordinate Liens It is the responsibility of the borrower to deliver clear marketable title to the purchaser or investor and to work with the listing broker, settlement agent and/or lien holders to clear title impediments. The servicer may, but is not required to, negotiate with subordinate lien holders on behalf of the borrower. The servicer, on behalf of the investor, can authorize the settlement agent to allow up to an aggregate of $3,000 of the gross sale proceeds as payment(s) to subordinate mortgage/lien holder(s) in exchange for a lien release and full release of borrower liability. Suspension of Foreclosure Sales Program At the servicers discretion, the servicer may still initiate foreclosure or continue with an existing foreclosure proceeding during the HAFA process, but may not complete a foreclosure sale: While determining the borrowers eligibility and qualification for HAMP or HAFA While awaiting the timely return of a fully executed Short Sale Agreement (SSA) During the term of a fully executed Short Sale Agreement (SSA) Pending transfer of property ownership based on an approved sales contract per the RASS or ARASS Partial Mortgage Payment The servicer may require partial mortgage payment (which they may determine, - but not to exceed 31% of the borrowers gross income) until the house is sold and title is transferred. While the borrower is selling their home, they still legally owe the full amount of the mortgage payment. This reduced payment, though not considered a modification to the mortgage, would be made until the house is sold or the Short Sale Agreement expires. Borrower Fees Servicers may not charge the borrower any administrative processing fees in connection with HAFA. The servicer must pay all out-of-pocket expenses, including but not limited to notary fees, recordation fees, release fees, title costs, property valuation fees, credit Supplemental Directive, report fees or other allowable and documented expenses. (The servicer may add these costs to the outstanding debt in accordance with borrowers mortgage documents and applicable laws in the event the short sale is not completed.)

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DISCLOSURE
Read carefully the content of this disclosure, initial every paragraph, and sign on the bottom. Date: 01/09/2013 HAMP Analysis Report #: CAS0009876 Property Address: 113 Pinewood Drive North East Stroudsburg, PA 18302 Homeowners: John Doe & Jane Doe
By initialing below, I/We hereby acknowledge that I have not received any type of advice or assistance or representation from MORTGAGE COMPLIANCE INVESTIGATORS, any of its agents, contractors or staff members in regards to Loan Modification on the property subject of the Report. I/We also acknowledge that I have not been advised to stop making payments to my Home Loan(s) to be able to pre-qualify for any Loan Modification Program. Should any agent, contractor, affiliate, salesperson, or otherwise have inadvertently, accidently, will fully, or otherwise have communicated anything contrary to the aforementioned to me, I understand that their statements are erroneous, incorrect, and not the advice or recommendation of MORTGAGE COMPLIANCE INVESTIGATORS. Borrower: ____________ Co-Borrower:____________

By initialing below, I/We hereby acknowledge that I understand that the Report provided by MORTGAGE COMPLIANCE INVESTIGATORS is not an application for a Loan Modification and that it was generated using the information that I/We provided and that obtaining this Report from MORTGAGE COMPLIANCE INVESTIGATORS does not halt any foreclosure process on the property subject of the Report. Should any agent, contractor, affiliate, salesperson, or otherwise have inadvertently, accidently, willfully, or otherwise have communicated anything contrary to the aforementioned to me, I understand that their statements are erroneous, incorrect, and not the advice or recommendation of MORTGAGE COMPLIANCE INVESTIGATORS. Borrower: ____________ Co-Borrower:____________

By initialing below, I/W e hereby acknowledge that I understand that the Pre-Qualification under each of the guidelines of the Home Affordable Mortgage Program (HAMP) showed in the Report is solely based on the information that I provided to MORTGAGE COMPLIANCE INVESTIGATORS and that the Net Present Value (NPV) Model used for this Report is from the Federal Deposit Insurance Corporation (FDIC) and that my Lender(s) may be using a different NPV Model under which I may not be pre-qualified under the HAMP Guidelines. Should any agent, contractor, affiliate, sales person, or otherwise, have inadvertently, accidently, willfully, or otherwise, have communicated anything contrary to the aforementioned to me, I/We understand that their statements are erroneous, incorrect, and not the advice or recommendation of MORTGAGE COMPLIANCE INVESTIGATORS.

Borrower: ____________

Co-Borrower:____________

By initialing below, I/We hereby acknowledge that I understand that in the event that the report shows that I am/we are prequalified under all of the HAMP Guidelines and the NPV Model shows a PASS Result, this does not guarantee the outcome of a Loan Modification or Short Sale process and that every Lender may apply different rules under each case and that no guarantees were given to me from MORTGAGE COMPLIANCE INVESTIGATORS regarding any specific outcome. Should any agent, contractor, affiliate, sales person, or otherwise, have inadvertently, accidently, willfully, or otherwise, have communicated anything contrary to the aforementioned to me, I/We understand that their statements are erroneous, incorrect, and not the advice or recommendation of MORTGAGE COMPLIANCE INVESTIGATORS. Borrower: ____________ Co-Borrower:____________

By initialing below, I/We hereby acknowledge and understand that MORTGAGE COMPLIANCE INVESTIGATORS have not contacted and that will not contact the Lender(s) involved in my Home Loan to generate this Report or after the Report is generated. Should any agent, contractor, affiliate, sales person, or otherwise, have inadvertently, accidently, willfully, or otherwise, have communicated anything contrary to the aforementioned to me, I/We understand that their statements are erroneous, incorrect, and not the advice or recommendation of MORTGAGE COMPLIANCE INVESTIGATORS.

Borrower: ____________

Co-Borrower:____________

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GLOSSARY OF TERMS
AVM: Automated property valuation model. A model that provides a reliable confidence score. Back-End DTI: The Back-End DTI is the ratio of the borrowers total monthly debt payments (such as Front-End PITIA, any mortgage insurance premiums, payments on all installment debts, monthly payments on all junior liens, alimony, car lease payments, aggregate negative net rental income from all investment properties owned, and monthly mortgage payments for second homes) to the borrowers Monthly Gross Income. BPO: Brokers Price Opinion. Front-End DTI: Front-End Debt to Income Ratio. Front-End DTI is the ratio of PITIA to Monthly Gross Income. The Front-End DTI Target in the HAMP is 31%. GSE: Government Sponsored Enterprise. HAMP: Home Affordable Modification Program. Trial loan modifications consistent with these Guidelines may be offered to homeowners beginning on this date, March 4, 2009, and may be considered for acceptance into the Home Affordable Modification Program upon completion of the trial period and other conditions. These Guidelines, however, do not constitute a contract offer binding on the Department of the Treasury. Monthly Gross Income: The borrowers Monthly Gross Income is the amount before any payroll deductions includes wages and salaries, overtime pay, commissions, fees, tips, bonuses, housing allowances, other compensation for personal services, Social Security payment, including Social Security received by adults on behalf of minors or by minors intended for their own support, annuities, insurance policies, retirement funds, pensions, disability or death benefits, unemployment benefits, rental income and other income. NPV: Net Present Value. A NPV Test will be required on each loan that is in Imminent Default or is at least 60 days delinquent under the MBA delinquency calculation. This NPV test will compare the net present value (NPV) of cash flows expected from a modification to the net present value of cash flows expected in the absence of modification. If the NPV of the modification scenario is greater, the NPV result is deemed positive, and the servicer must modify the loan (absent fraud, etc.) However, an NPV positive result is not necessary to qualify a loan for a Home Affordable Modification and the associated lender/investor, servicer, and borrower payments. PITIA: PITIA is defined as principal, interest, taxes, insurance (including homeowners insurance and hazard and flood insurance) and homeowners association and/or condominium fees. Mortgage insurance premiums are excluded from the PITIA calculation. Rate Floor: The minimum Annual Interest Rate permitted for a modified loan under HAMP, it is 2.000%.

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