Bank of New York Mellon v. City of Richmond, California et al

Filing 61

Declaration of Brian Hershman in Support of 60 Declaration in Support, of Motion for Rule 11 Sanctions, Exhibit H, Part 1 of 2 filed byU.S. Bank National Association. (Attachments: # 1 Exhibit H, Part 2 of 2, # 2 Exhibit I, Part 1 of 2, # 3 Exhibit I, Part 2 of 2, # 4 Exhibit J, # 5 Exhibit K, # 6 Exhibit L)(Related document(s) 60 ) (Hershman, Brian) (Filed on 11/22/2013)

Exhibit I

CITY MANAGER'S OFFICE

July 31, 2013
General Counsel
US Bank
One Federal Street, Third Floor
Boston, MA 02110
Dear Sir or Madam:
This letter is being forwarded to you as the Trustee of the mortgage loans in the private securitization
trust(s) listed in Attachment A. The Cit y of Richmond ("City"), has been investigating the acquisition of
mortgage loans from the trust(s) as part of a public program to modify underwater mortgage loans to
reduce principal and avoid foreclosures. The City is experiencing an historic home mortgage crisis that is
harming the community in many ways, including: unprecedented rates of default and foreclosure; the
loss of jobs, homeowner equity, family wealth and shelter; reduct ions in income, consumer demand,
investment, property values, and tax revenues; and an increase in va ndalism, abandoned homes and
other decay that harm t he economy and the quality of life for residents.
By way of this letter, the City hereby offers to acquire all rights to the mortgage loans listed in
Attachment A (the "loans"). If you do not believe that you are the correct party to consider this offer,
please notify me immediately of the party that you believe is the correct party to consider t his offer.
The City had the loans appraised on June 30, 2013 to determine their fa ir market value. Mortgage
Industry Advisory Corporation conduct ed the appraisal.
Based on the appraisal, the City hereby offers to purchase the Loans (free and clear of any
encumbrances to title or other interests that the City, in its discretion, deems unacceptable) for the fair
market value determined by t he appraisal, w hich Is set out in Attachment B (the "Purchase Price"). The
Purchase Price is t he full amount believed by t he City t o be just compensation for the Loans and is not
less than the appraisal of the fair market va lue of the Loans.
The basis for this offer is set forth in Attachment B, which summarizes the basis for the appraisal and is
mad e a part of t his offer by reference. The Purchase Price amount is for all owners of any interest in the
Loans, and division of th is amount among parties that have an interest in the Loans will be your
responsibility.
This offer is subject to the approval of the City's City Council, including fina l cond itions that the City
Council requ ires as part of its program.
If you certify that you are the owner of t he Loans wit h the authority to convey them to the City, and
wish to obtain your own independent appraisal of the Loans, t he City may be willing to provide
reasonable reimbursement. Please contact me if you are interested in discussing this issue.
If the offer price is acceptable to you, please so indicate to the undersigned, in writing. This matter will
then be presented to t he City Council, which has final ratification authority. Upon City Council approval,
the City will prepare and forward to you a proposed agreement to acquire the Loans.
lffor any reason you are not satisfied with this offer of just compensation, and have relevant
information you would like the City to consider, please contact the undersigned. In addition, you

450 Civic Center Plaza, Richmond, CA 94804-1630
Telephone: [phone] Fax: [phone] www. ci. richmond .ca. us

should be aware that, in the event that negotiations fail to result in agreement, and the City decides to
proceed with the acquisition of the Loans through eminent domain, the owner will have the right to
have the amount of just compensation to be paid by the City for the Loans fixed by a court of law.
Please be advised that, in such event, the terms of this offer and the contents of this letter may be
excluded from consideration as an offer of settlement, under California Evidence Code sections 1152,
1154, or other applicable provisions of law.
Included with this letter is a pamphlet describing the em inent domain process in California. This
pamphlet is provided for informational purposes only and should not be construed as legal advice .
Some parts of the pamphlet are addressed to the acquisition of real property and may not be applicable
to the present situation.
I hope that this offer meets with your approval and that it can serve as the basis for a quick and mutually
beneficial transaction. I look forward to hearing from you after you have had the opportunity to review
it. Again, if you are not t he correct party with which to negotiate for the acquisition of the Loans,
please let me know immediately. In any event, please provide a response no later than August 13, 2013.
Thank you for your cooperation.
The mortgage loans listed in Attachment A are a subset of t he mortgage loans the City is interested
in acquiring. The full list of mortgage loans t he City is interested in acquiring at the present time is
provided in Attachment C. The City is making offers to acquire groups of loans based on the
Trustee/Servicer information available to the City. If you are the party with authority to consider an
offer to purchase any of the other mortgage loans listed in Attachment C and have not received a letter
from the City offering to purchase the loans, please let me know immediately.
Sincerely,
City of Richmond

by/J~rr/'

Wi~liamvA. ~indsay
City Manager

Attachments and Enclosure

EMINENT DOMAIN - Information Pamphlet
I.

Introduction

Eminent domain is the power of the government to purchase private property for a
"public use" so long as the property owner is paid "just compensation. " Whenever
possible, the City of Richmond ui es to avoid use of the eminent domain power,
exercisi ng it only when it is necessary for a public project. The decision to acquire
private propetty for a public project is made by the City of Richmond only after a
thorough review of the project, which often includes public healings.
This pamphlet provides general information about the eminent domain process and the
rights of the property owner in that process. 1

•

What is a "public use" ?

A "public use" is a use that confers public benefits, like the provision of public
services or the promotion of public health, safety, and welfare. Public uses include a
wide variety of projects such as street improvements, construction of water pipelines
or storage facilities, consb.uction of civic buildings, redevelopment of blighted areas,
and levee improvements to increase flood protection. Some public uses are for
private entities, such as universities, hospitals and public utilities, which serve the
public.
•

What is 11 just compensation "?

Just compensation is the fair market value of the propetty being acquired by the
government. The state law definition of fair market value is "the highest plice on the
date of valuation that woul d be agreed to by a seller, being wilU11g to sell but under no
pruticular or urgent necessity for so doing, nor obliged to sell, and a buyer, being
ready, willing, and able to buy but under no particuJar necessity for so doing, each
dealing with the other with full knowledge of all the uses and purposes for which the
property is reasonably adaptable and available ."

U.

T he Eminent Domain Process and the ProJJerty O wner's Rights
The eminent domain process begins with a public use project. When selecting a
project location, the goal is to render the greatest public good and the least private

1

This pamphlet reflects the current law as of January 1, 2008. However, the information in
this pamphlet is not, nor should it be coliStrued as, legal advice. Additionally, some
sections of this pmophlet are applicable only to the acquisition of real property and may not
be applicable in other situations. You should consult with qualified legal counsel regarding
your specific situation rather than r elying on this pamphlet as legal advice. The statements
in this pa mphlet are a general s ummat·y of the eminent domain process and are not binding
on the City of Richmond.

- 1-

IDJttry or inconvenience. If it is determined that all or a pmtion of your property may
be necessary for a public use project, the City of Richmond will begil1 the appraisal
process to determine the property's fair mm·ket value.

•

How is the fair market value of my pa·ope..ty determined?

The City of Richmond will retain an appraiser to appraise yom property. In the case
of real property, the appraiser will invite you to accompany bim or her during an
inspection of your property. You may give the appraiser any information about
improvements and any special features that you believe may affect the value of yom
property. It is in your best interest to provide the appraiser with aU the useful
inf01mation you can in order to ensure that nothing of value will be overlooked. If
you are unable to meet with the appraiser, you may wish to have a person who is
familiar with yom property meet with the appraiser instead.
After the inspection, the appraiser will complete an appraisal that will include the
appraiser's determination of your property's fair market value and the information
upon which the fair market value is based. The appraiser will provide the City of
Richmond with the appraisal. The City of Richmond will then make a written offer to
purchase the property. The offer will also include a summary of the ap praisal. The
offer will be for no less than the amount of the appraisal.

•

What factors does the appraiser consider in determining fair market value?

Each parcel of real property is different and, therefore, no single f01mula can be used
to appraise all properties. Among the factors an appraiser typically considers in
estimating fair market value are:
o The location of the property;
o T he age and condition of improvements on the property;
o How the property has been used;
o Whether there are any lease agreements relating to the property;
o Whether there are any environmental issues, such as contaminated soil;
o Applicable C
tlll'ent and potential future zoning and land use requirements;
o How the propetty compares with similar prope1ties in the area that have
been sold recently;
o How much it would cost to reproduce the buildings and other structures,
less any depreciation; and
o How much rental income the property produces, or could produce if put to
its highest and best use.
If the property to be appraised is not real property, the appraiser would consider
factors commonly considered in determining the market value of that type of
property .

•

Will I receive a copy of the appraisal?

-2 -

The City of Richmond will provide you with its pmchase offer, a summary of the
appraiser's opinion, and the basis for the City of Richmond's offer. Among other
things, the offer letter will include:
o A general statement of the City of Richmond's proposed use for the
property;
o An accurate description of the prope1ty to be acquired;
o A list of the improvements covered by the offer;
o The amount of the offer; and
o The amount considered to be just compensation for each improvement
which is owned by a tenant and the basis for determining that amount.
However, the City of Richmond is only re quired to show you a copy of the full
appraisal if your prope1ty is an owner -occupied residential property with four or
fewer residential units. O therwise, the City of Richmond may, but is not required, to
disclose its full appraisal during negotiations (tho ugh different disclosure
requirement<; apply duJing the litigation process if the issue of faiJ· market value goes
to court).

•

Can I have my own appr aisal done?

Yes. You may decide to obtain your own appraisal of the property in negotiating the
fair market value with the City of Richmond. For real property, at the time of making
its initial offer to you , the City of Richmond will offer to reim burse you the
reasonable costs, not to exceed $5,000, of a n independent appraisal of your property.
To be eligible for reimbursement, the independent appraisal must be conducted by an
appraiser licensed by the State O ffice of Real Estate Appraisers.

•

W hat advantages are there in selling my prope•·ty to the City of Richmond?

A real estate transaction with the City of Richmond is typically handled in the same
way as the sale of private property. However, there may be a financial advantage to
selling to the City of R ichmond .
o

You will not be required to pay for real estate commissions, title costs,
preparation of documents, title policy or recording fees required in closing
the sale. The City of Richmond will pay all these costs .

o Although the C ity of Richmond cannot give you tax advice or direction,
you might also be eligible for certain property and income tax advantages.
You should check w ith the Internal Revenue Service (IRS) for details or
consult your personal tax advisor.

•

If only a portion of my prope1 is taken, will I be pa id for the loss to my
·ty
r emaining property?

- 3-

In general, when o nly a part of yom property is needed, every reasonable e ffort is
made to e nsure you do not suffer a financial loss to the "remainder" property . T he
City of Richmond will pay you the fair market value of the property being taken as
well as compensation for any loss in value to your remaining property that is not
offset by the benefits conferred by the project. The compensation for the loss in value
to your remaining property is often refened to as "severance damages."
Also, if any remaining part is of such a size, shape, or condition as to be of little
marke t value, the City of Richmond will offer to acquire that remaining part (or
re tru1ant) from you , if you so desire.

•

WiJII be compensated for loss of goodwill to my business?

If you are the owner of a business that is conducted on the prope1ty being acquired,
you may have a right to compensation for lost business goodwill if the loss is caused
by the acquisition of the prope1t y. "Goodwill" consists of the benefits that accrue to a
business as a resu lt o f its loca tion , reputation for dependability, skill or quality, and
any other circumstances resulting in probable retention of old or acquisition of new
patronage.

•

What will ha t>pen to the loan on my (U'O(>erty?

Where the City of Richmond is acquiring the e ntire property, generally the
compensation payable to the owner is flrst used to satisfy outstanding loans or liens as
in a typica l real estate transaction. Where less than the e ntire propetty is being
acquired , whether outstanding loans or liens ate paid fi'om the compensation wilt
depend o n the patticular facts and circumsta nces .

•

Do I have to sell at the price offered?

No. If you a nd the City of R ichmond are unable to reach an agreeme nt on a mutually
satisfactory price, you are not obligated to sign a n offer to sell or enter into a purchase
agreement.

•

H I agr ee to accept the City of Richmond 's offer, how soon will I be paid?

If you reach a voluntary agreement to sell your propctty or an interest in the propetty
to the C ity of Richmond , payment will be made at a mutually acceptable time.
Generally, this s ho uld be possible within 30 to 60 days after a purchase/sale contract
is signed by all parties.

•

What happens if we are unable to r each an agt·eement on the property's fair
market value?

-4-

The City of Richmond, to the greatest extent practicable, will make every reasonable
effmt to acquire your property by negotiated purchase. If, however, the negotiations
are unsuccessfu l, the City of Richmond may either ftle an eminent domain action in a
court located within the same county whe re your prope1ty is located or it may decide
to abandon its intention to acquire the propetty. If the City of Richmond abandons its
intention to acquire, it will promptly notify you.
If the City of Richmond proceeds with eminent domain, the fu·st step is for City of
R ichmond staff to request authmity fi'om the City Council to file a condemnation
action. T he approval from the City Council is ca!Jed a "Resolution of Necessity ." In
considering whether condemnation is necessary, the City Council must dete1mine
whether the public interest and necessity require the project, whether the project is
planned or located in the manner that will be most compatible with the greatest public
good and the least ptivate injury, and whether yolU' property is necessary for the
project. You will be given notice and an opportunity to appear before the City
Council when it considers whether to adopt the Resolution of Necessity. You may
want to call an attorney or contact an attorney refetTal service right away. You or
your representatives can raise any objections to the R esolution of Necessity and the
condemnation either orally before the City Council or in Wliting to the City Council.
If the City Council adopts the Resolution of Necessity, the City of R ichmond can file
a complaint in court to acquire title to the prope1t y upon payme nt of the propetty's
fair market value. The City of Richmond is the plaintiff. Anyone with a legal interest
in the propetty, generally determined from a title rep01t on the property (including
tenants or m01tgage holders), are named as defendants. Often, the City of Richmond
will also deposit the amount the City of Richmond beUeves is the "probable amount
of compe nsation" with the State Treasurer where the complaint is filed. A deposit
must be made if the City of Richmond is seeking to acquire possession of the
propetty before agreement is reached on the fa ir market value.

•

Can the City of Richmond acquke possession of my pa·operty before the
property's fair marl<et value is determined in the eminent domain lawsuit?

In some cases, the City of Richmond may decide it needs possession of the property
before the property's fair market value is finally determined. In such a case, the City
of Richmond must apply to the COlllt for an "order for possession" to allow it to take
ty's fair market
possession and control of the property prior to resolution of the prope1
value. The City of Richmond is required to schedule a hea1ing with the court on the
proposed order for possession and to give you notice of the heating. Notice must
generally be sent at least 90 days before the hearing date if the property is occupied
and 60 days before the hearing date if the property is unoccupied. A judge will
decide whether the order for possession should be granted. As noted above, the City
of Richmond must deposit with the State Treasmer the probable amount of just
compensation in order to obtain possession of the prope1ty.

- 5-

•

Can I oppose the motion for an order for flOssession?

Yes. You may oppose the motion in wtiting by serving the City of Richmond and the
court with your written opposition within the period of time set forth in the notice
from the City of Richmond.

•

Can I rent the property from the City of Richmond?

If the City of Richmond agrees to aU ow you or your tenants to remain on the propetty
after the City of Richmond acquires possession , you or the tenants will be required to
pay a fair rent to the City of Richmond. Generally, such rent will not be more than
that charged as rent for the use of a propetty simil ar to yams in a similar area .

•

Can I withdraw the amount deposited with the State Treasurer before the
eminent domain action is completed, even ifl don't agree that the amount
reflects the fair market value of my property?

Yes. Subject to the rights of any other persons having a propetty interest (such as a
lender, tenant, or co-owner), you may withdraw the amount deposited with the State
Treasurer before the eminent domain action is completed. If you withdraw the
amount on deposit, you may still seek a higher fair market value during the emjnent
domain proceedings, but you may not contest the tight of the City of Richmond to
acquire the property, meaning you cannot contest that the acquisition of your propetty
is for a public purpose or is othetwise improper.
You also have the right to ask the court to require lhe City of Richmond to increase
the amount deposited with the State Treasurer if you believe the amount the City of
Richmond has deposited less than the "probable amount of compensation."

•

Can I contest the condemning agency's acquisition of the property?

Yes. Provided you have not withdrawn the amount deposited, you can challenge in
court the City of Richmond's right to acquire or condemn the propetty.

•

What happens in an eminent domain trial?

The main putpose of an eminent domain b:ial is to detetmine the fair market value of
your property, including compensable interests such as lost business goodwill caused
by the taking or severance damages. The trial is usually conducted before a judge and
jury. You (and any others with interests in the propetty) and the City of Richmond
will have the opportunity to present evidence of value, and the jury will determine the
property's fair market value. In cases where the patties choose not to have a jury, the

-6-

judge will decide the property's fair market value. Generally, each party to the
litigation must disclose its respective appraisals to the other parties prior to trial.

lf you challenge the City of Richmond's right to acquire the pro petty, the eminent
domain ttial will also determine whether or not the City of Richmond has the legal
tight to acquire the property. In such cases, the judge (not the jury) will make this
determination before any evidence is presented conceming the property's fair market
value.
At the end of the trial, the judge will enter a judgment requiling the City of Richmond
to pay fair market value. Once the City of Richmond pays the amount listed in the
judgment, the judge will enter a final order of condemnation. The City of Richmond
will record the final order with the County Recorder, and title to the property will
then pass to the City of Richmond

•

Am I entitled to interest?

Anyone receiving compensation in an eminent domain action is generally entitled to
interest on that compensation from the date the condemning agency takes possession
of the property until the person receiving the compensation has been fully paid. The
rate and calculation of the interest is detenru ned under fonnulas in SUite Ia w.

•

Will tbe City of Richmond pay my attomeys' fees and costs.

In an eminent domain action, you are entitled to be reilnbursed by the condemning
agency for your court costs such as court flling fees. In some circumstances, you may
also be entitled to be reimbursed by the condemning agency for your attorneys' fees
in tile lawsuit. Whether you will be entitled to receive reilnbursement for your
attorneys' fees will depend on the particular facts and circumstances of the case and
the offers and demand for compensation made in the action.

•

Will I r eceive assistance with relocation?

Any person , business , or farm operation displaced as a result of the propetty
acquisition is typically entitled to relocation advisory and financial assistance for
eligible relocation expenses, such as moving expenses. The amount of relocation
compensation is determined on a case-by-case basis in accordance with prescribed
law. Relocation benefits are handled separate and apart from the determination of the
prope1ty's fair market value and are not part of the eminent domain process.

m.

Contact Information

We are available to answer your questions and to assist you in understanding the
acquisition program and the eminent domain process. Should you desire further

-7-

information, please contact the City of Richmond using the contact information contained
in the accompanying offer letter.

- 8-

Trustee Exhibit A

Trustee

Loanld

Bloomberg Dea IName

L.ewtanDeaiN ame

US Bank

58398637

AB5HE 2004· HE10

Asset Backed Secu rit ies Corporati on Home Equity Loan Trust 2004-HE10

US Bank

581004988

ABSHE 2006-HE5

Asset Backed Securities Corporation Home Equity Loan Trust 2006-HE5

US Bank

829242

AHM 2005-2

American Home M ortgage Investment Trust 2005-2

US Bank

958913

AHM 2005-4

American Home M ortgage Investment Trust 2005-4

US Bank

942627

AHM 2005-4

American Home Mortgage Investment Trust 2005-4

us Bank

6392988157

BAFC 2005-G

Ba ne of America Funding Corporation 2005-G

US Bank

148780679

BAFC 2006-2

Ba ne of America Funding Corporation 2006-2
Bane of America Fundi ng Corpor ation 2006-A

US Bank

115905904

BAFC2006-A

US Bank

122558677

BAFC2006-D

Bane of America Fund ing Corporation 2006-D

US Bank

6004475742

BAFC2006-D

Ba ne of America Funding Corporati on 2006-D

US Bank

149197956

BAFC2006-G

Ban e of America Funding Corporation 2006-G

61565271

BAFC 2006-G

Ban e of America Fu nding Corporation 2006-G

US Bank
US Bank

155450737

BAFC 2006-J

Bane of Ame rica Funding Corporation 2006-J

US Bank

6820988043

BAFC2007-C

Ban e of America Fund ing Corporat ion 2007-C

us Bank
us Bank
us Ba nk

322560

BAYV2006-C

Bayview Financial Acqu isition Trust 2006-C

123559551

BNCMT 2007-1

BNC Mortgage Loan Trust 2007- 1

124033796

BNCMT 2007-2

BNC Mortgage Loan Trust 2007-2

US Bank

123857534

BNCM T 2007-2

BNC Mortgage Loan Trust 2007-2

US Bank

123881880

BNCMT 2007-2

BNC Mortgage Loan Trust 2007-2

US Ba nk

123886202

BNCMT 2007-2

BNC M ortgage loan Trust 2007-2

US Ba nk

1103523237

BSABS 2006-IM1

Bear Stearns Asset Backed Securiti es Trust 2006-IM1

US Bank

141687384

BSARM 2005-5

Bear Stearns ARM Trust 2005-5

US Bank

55513872

CCMFC 2005-CA

Chevy Chase {CC) Funding 2005-C

US Bank

S5601755

CCMFC 2006-2A

Chevy Chase (CC) Funding 2006-2

us Bank

8991279342

CM ALT2007-A1

Cit iM ort gage Alternative Loa n Trust 2007-A1

US Bank

9719965519

CMALT 2007-A3

CitiM ortgage Alternative Loan Trust 2007-A3

CMALT 2007-A6

Cit iMortgage Alternative Loan Trust 2007-A6

US Ban k

CMLTI 2005-8

Citigroup M ortgage Loan Trust 2005-8

30018071

CMLTI 2006-AR1

Citigroup Mortgage Loa n Trust 2006-AR1

US Ba nk
--

781578

US Bank

-

6729905439

US Bank

30016120

CMLTI2006-AR1

Citigroup Mortgage Loan Trust 2006-AR1

US Bank
---

400595906
-------

- ~_ CMLTI 2006-H E3

Cit igroup Mortgage Loan Trust 2006-HE3

City of Richmond, California

Trustee Exhibit A

Trustee

Loanld

Bloomberg Oea I Name

LewtanDeai Name

US Ba nk

148748122

CMLTI2006-WF1

Citigroup Mortgage Loa n Trust 2006-WF1

US Ba nk

150552156

CMLTI 2006-WF2

Cit igroup Mortgage Loa n Trust 2006-WF2

US Ba nk

840119

CMLTI 2007-10

Citigroup Mortgage Loan Trust 2007-10

US Ba nk

30162126

CMLTI 2007-AR8

Otigroup M ortgage Loan Trust Z007-AR8

US Ba nk

130938533

CSFB Z003-AR28

CS First Boston Mortgage Securit ies Corp. - 2003-ARZS

us Bank

401272356

CSFB 2004-AR7

Credit Suisse First Boston Mortgage Securities Corp. 2004-AR7

US Bank

500342983

CSFB 2005-4

CS Fi rst Boston Mortgage Securities Corp. 2005-4

US Bank

40599 2498

CSMC 2006-1

CS First Boston M ortgage Securities Corp. 2006-1

US Bank

411785134

CSMC 2007-4

CS First Boston Mortgage Securities Corp. 2007-4

US Bank

121933477

FFML 2006-FF14

First Franklin Mortgage Loa n Trust 2006-FF14

US Ba nk

118222066

FFML 2006-FF2

First Franklin Mortgage Loan Trust 2006- FF2

US Ba nk

122591761

GPMF 2006-AR6

GreenPoint Mortgage Fun ding Trust 2006-AR6

US Ba nk

122962S74

GPMF 2006-AR7

GreenPoi nt Mortgage Funding Trust 2006-AR7

US Ba nk

123390791

GPMF 2007-AR1

Greenpoint Mortgage Fundi ng Trust 2007-AR1

us Ba nk

325111201

GSAA 2006-12

GSAA Home Equity Trust 2006-12

US Ba nk

18635417

GSAA2006-3

GSAA Ho me Equity Trust 2006-3

US Bank

150560522

GSAA2007-1

GSAA Home Equity Trust 2007-1

US Bank

146019911

GSAA2007-1

GSAA Home Equity Trust 2007-1

US Ba nk

203213319

GSAA2007-3

GSAA Home Equity Tr ust 2007-3

US Bank

3146144

GSR 2005-9 F

GSR M ortgage Loan Trust 2005-9 F

US Bank

145908836

GSR 2005·AR7

GSR Mortgage Loan Trust 2005-AR7

US Bank

115809692

GSR2006-2F

GSR Mortgage Loan Trust 2006-2F

US Bank

107308188

GSR 2006-2F

GSR Mortgage Loan Trust 2006-2F

US Ba nk

148475817

GSR 2007-1F

GSR Mortgage l oa n Trust 2007-lF

US Bank

7106157

GSR2007-4F

GSR M ortgage Loa n Trust 2007-4F

us Bank

7178041

GSR 2007-5F

GSR Mortgage Loan Trust 2007-5F

US Bank

3347004379

HEAT 2005-8

CS Fi rst Boston Home Equity Asset Trust 2005-8

US Bank

410846545

HEAT 2007-2

CS Fi rst Boston Home Equity Asset Trust 2007-2

US Bank

411064893

HEAT 2007-2

CS First Boston Home Equity Asset Trust 2007-2

US Ba nk

410886184

HEAT 2007-2

CS First Boston Home Equity Asset Trust 2007·2

US Bank

85133035

HVMLT 2005-1

HarborView Mortgage Loa n Trust 2005-1

City of Richmond, California

Trustee Exhibit A

Trustee

Loanld

Bloomberg Dea IName

LewtanDeaiName

US Bank

103116713

HVMLT 2005-16

HarborView Mortgage Loa n Trust 2005-16

US Ban k

110390507

HVMLT 2005-16

HarborView Mortgage Loan Trust 2005-16

us ·sank
us Bank

80339163

HVMLT2005-2

HarborView Mortgage Loan Trust 2005-2

123440681

HVMLT 2006-1

HarborVi ew Mortgage Loan Trust 2006-1

US Bank

118269867

HVMLT2006-4

HarborView Mortgage Loan Trust 2006-4

us Bank

21063290

JPMAC 2005-0PTl

J.P. Morgan Mortgage Acquisition Corp. 2005-0PTl

US Bank

671006676

JPMAC 2005-0PT2

J.P. Morgan Mortgage Acquisition Corp. 2005-0PT2

US Bank

22828966

JPMAC 2006-CH2

J.P. Morgan Mortgage Acquisition Corp. 2006·CH2

US Bank

108699390

LUM 2005-1

Luminent Mortgage Loan Trust 2005-1

US Bank

117795427

LXS 2005-5N

Lehman XS Trust 2005-5N

i

Lehman XS Trust 2005-7N

.

US Bank

118084565

LXS 2005-7N

US Bank

118499565

LXS 2005-9N

Lehman XS Trust 2005-9N
Lehman XS Trust 2006·16N
Le'lman XS Trust 2006·16N

US Bank

122053531

l.XS 2006-16N

US Bank

122046907

l.XS 2006·16N

US Ban k

119702652

LX5 2006-4 N

lehman XS Trust 2006-4N

US Bank

119502011

LXS 2006-4N

Lehman XS Trust 2006-4N

us Bank

120451786

l.XS 2006·GP3

Lehman XS Trust 2006-GP3

US Bank

124722828

L.X5 2007-15 N

Leh man XS Trust 2007-15N

us Bank

46741435

L.XS 2007-15N

Leh man XS Trust 2007-15N

US Bank

124855354

LXS 2007·16N

Leh man XS Trust 2007·16N

US Bank

124846908

L.X5 2007-18N

Leh man XS Trust 2007-18N

US Bank

123347577

LXS 2007-2N

Lehman XS Trust 2007·2N

US Bank

123302572

LXS2007-4N

Lehman XS Trust 2007-4N

US Bank

123288250

LXS 2007-4N

Lehman XS Trust 2007-4N

US Bank

123820615

LXS2007-4N

Lehman XS Trust 2007-4N

us Bank

40299216

lXS 2007-7N

Lehman XS Trust 2007-7N

US Bank

10579948

MABS 2004-WMC1

MASTR Asset Backed Securitizations Trust 2004-WMC1

US Bank

5012700353

MABS 2005-HE1

MASTR Asset Backed Securit izations Trust 2005-HEl

US Bank

10286563

MABS 2006-HE2

MASTR Asset Backed Securitizat ions Trust 2006-HE2

US Bank

1007942943

MASS 2006-NQ

MASTR Asset Backed Securitizations Trust 2006- NC2

1478114

MARM 2007·1

MASTR Adjustable Rate Mortgages Trust 2007-1

US Bank-

City of Richmond, California

I

Trustee Exhibit A

Trustee

Loan ld

Bloomberg Dea !Name

Lewtan DeaiName

US Bank

1487030

MARM 2007-1

MASTR Adjustable Rate Mortgages Trust 2007-1

US Sank

1441125

MARM 2007-1

MASTR Adjustable Rate Mortgages Trust 2007-1

US Bank

158034984

MARM 2007-3

MASTR Adjustable Rate Mortgages Trust 2007-3

US Bank

10386087

RALI 2006-00 2

Resident ial Accredit Loans Inc. 2006-002

US Ba nk

10368989

RALI2006-0,S2

Resid ential Accredit Loans Inc. 2006-QS2

US Bank

9955922

RAMP 2005 -EFCS

Residential Asset M ortgage Products, Inc. 2005-EFCS

us Bank
us Sank

10192487

RASC 2005-KSl l

Residential Asset Securities Corp. 2005-KSll

10478722

RASC 2006-KS5

Residential Asset Securities Corp. 2006-KSS

US Bank

9817894

RFMSI 200S-S5

Residenti al Funding Mortgage Securit ies I 2005-S5

US Bank

10072210

RFMSI 2006-SA1

Residential Funding Mortgage Securities 12006-SA1

US Bank

11059818

RFMSI 2007-58

Residential Funding Mortgage Securities I 2007-S8

US Sank

116347584

SAIL2005-7

Structured Asset Investment Loan Trust (SAIL) 2005-7

US Bank

120183900

SAIL 2006-3

Structured Asset Investmen t Loan Trust (SAIL) 2006-3

US Bank

121312292

SAIL 2006-BNC3

Structured Asset Investment Loan Trust (SAIL) 2006-BNC3

us Sank
us Sa nk

117244871

SARM 2005-19XS

Structured Adjustable Rate Mortgage Loan Trust 2005-19XS

117904458

SARM 2005-22

St ructured Adjustable Rate Mortgage Loan Trust 2005-22

US Bank

118245109

SARM 2005-23

Structured Adjustable Rate Mortgage Loan Trust 2005-23

us Bank

115521254

SARM 2005-9

Structured Adjustable Rate Mortgage Loan Trust 2005-9

US Bank

406724 95

SARM 2007-8

Str uctured Adjustable Rate Mortgage Loa n Trust 2007-8

US Bank

122697477

SASC 2006-BC2

Structu red Asset Secu rities Corp. 2006-BC2

US Bank

119842011

SASC 2006-NC1

Structured Asset Securities Corp. 2006-NC1

US Bank

119652451

SASC 2006-NC1

Structured Asset Securities Co rp. 2006-NC1

US Bank

120820212

SASC 2006-WF2

Structured Asset Securities Corp. 2006-WF2

US Bank

121755565

SASC 2006-WF3

Structured Asset Securit ies Corp. 2006-WF3

US Bank

124043076

SASC 2007-BC3

Structured Asset Securities Corp. 2007-BC3

us Bank

124276247

SASC 2007-BC3

Structured Asset Securit ies Corp. 2007-BC3
Structured Asset Securities Corp. 2007-BC4

US Ban k

124830043

SASC 2007-BC4

us Bank

124666447

SASC 2007-BC4

Structured Asset Securities Corp. 2007-BC4

US Bank

124785957

SASC 2007-BNC1

Structu red Asset Securities Corp. 2007-BNC1

US Bank

124394925

SASC 2007-WF2

Struct ured Asset Secu rities Corp. 2007-WF2

US Bank

149238487

WFMBS 2006-2

Wells Fargo M ortgage Backed Securities 2006-2

City of Richmond, California

I

Trustee Exhibit A

Trustee

Loanld

Bloo mberg Dea IName

US Bank

149111858

WFMBS 2006-2

We lls Fargo Mortgage Backed Securities 2006-2

US Bank

55119804

WFMBS 2006-AR1

Wells Fargo Mortgage Backed Secu rities 2006-AR1

us Bank
us Bank

153233069

WFMBS 2006-AR17

Wells Fargo Mortgage Backed Securities 2006-AR17

62009659

WFMBS 2006-AR19

Wells Fargo M ortgage Backed Securiti es 2006-AR19

US Bank

48991764

WFM BS 2006-AR2

W ells Fa rgo Mortgage Backed Securities 2006-AR2

US Bank

58001207

W FM BS 2006-AR2

Wells Fargo Mortgage Backed Secu rit ies 2006-AR2

US Bank

146847801

WFMBS 2006-AR2

Wells Fargo Mortgage Backed Secu rit ies 2006-AR2

US Bank

58228388

WFMBS 2006-AR2

Wells Fargo Mortgage Backed Securities 2006-AR2

us Bank

59447391

WFM BS 2006-AR2

Wells Fargo Mortgage Backed Securities 2006-AR2

US Bank

S8044959

WFMBS 2006·AR2

Wells Fa rgo Mortgage Backed Secu rities 2006-AR2

US Bank

60488244

WFM BS 2006-AR2

Wells Fa rgo Mortgage Backed Secu rities 2006-AR2

LewtanDeaiName

City of Richmond, California

Trustee Exhibit A

Trustee

L
oanld

Parcel Number

US Bank
US Bank
US Bank
us Bank
US Bank
us Bank
US Bank
us Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Sank
US Sank
US Bank
us Sank
us Bank
US Bank
US Bank
US Bank
US Bank
US Bank
US Bank

58398637
581004988

5340120178
5131520156
5270920118
#N/A
#N/A
5606600129
5606200631
4056700091
4352920054
5082820100
5182200047
5230810110
4322040132
5302800122
4322100S48
5280700138
4140320096
4321720262
5230720145
5490810040
4056700083
5100440337
51733001S2
5270110165
4351600343
5384300090
4311640249
5100410033
5271600123
S606600335
S141900083

829242

958913
942627

63929881S7
148780679
115905904
122558677
6004475742
149197956
61565271
1554S0737
6820988043
322560
123559551
124033796
1238S7534
123881880
123886202
1103523237
141687384
55513872
55601755
8991279342
9719965519
6729905439
781578
30018071
30016120
400S95906

House
Number
947

Dir.

s

324

1408
#N/A
#N/A
347
43
5729
2265
1677
663
5300
5353
1419
5370
1031
3065
5341
5437
401
5733
2818
3801
2326
1004
926
4588
2816
2723
506
5S7

#N/A
#N/A

s

Street Name
8TH
36TH
25TH
#N/A
#N/A
SANDY BAY
HARBOR VIEW
OAKMONT
BRISTLECONE
SHASTA
30TH
ESMOND
CERRO SUR
LINCOLN
SADDLEBACK
26TH
BARKLEY
COACH
SOLANO
28TH
OAKMONT
SAN LUIS
BISSELL
EM ERIC
RIDGEVIEW
CHANSLOR
FRAN
SAN MATEO
LOWELL
SEAVIEW
20TH

City of Richmond, California

Street
Suffix

Unit

ST
ST
ST

#N/A
#N/A
CT

DR
DR
DR
ST
ST

AVE
AVE
CT
ST

DR
DR
AVE
ST

DR
ST

AVE
AVE
DR
AV E
WAY
ST
AVE
DR
ST

#N/A
#N/A

Unit
Value

City

RICHMO ND
RICHMOND
RICHMOND
#N/A #N/A
#N/ A #N/A
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMO ND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
RICHMOND
ELSO BRANTE
RICHMOND
RICHMOND
RICHMOND
RICHMOND
POINT RICH MON
RICHMOND

Zip

94801
94804
94806
#N/A
#N/A
94801
94804
94806
94803
94804
94804
94805
94803
94801
94803
94804
94806
94803
94805
94804
94806
94804
94805
94806
94803
94801
94803
94804
94804
94801
94801

Plus 4
2211
3230
4512
#N/ A
#N/ A
4134
7496
5851
3580
5334
1525
1430
3899
5300
3880
1219
2658
3867 I
1529
2939
5851
5921 I
2256 I
4804 .
3640
3542
2426
5940
1079
4130
2863

Trustee Exhibit A

Trustee

Loan ld

Parcel Number

House
Number

Oir.

Street Name

Street
Suffix

Unit

Uni t
Value

I

City

Zi p

Plus 4

j

US Ba nk

148748122

5143000239

1611

ROOSEVELT

AVE

RICHMOND

94801

I
2809 I

US Ba nk

150552156

56056014 25

63

SOUTHWIND

CIR

RICHMOND

94804

7405

I

US Ba nk

840119

4141920209

30 11

PARKER

RD

RICHMOND

94806

2741

I

US Ba nk

30162126

4311840070

4523

ROBERT

WAY

RICHMOND

94803

2433

US Ba nk

130938533

4321110373

5108

BUCKBOARD

WAY

RICHMOND

94803

3808

US Ba nk

401272356

5381900108

245

3RD

ST

RICHMOND

94801

3454

US Bank

500342983

5290400125

174 1

ESM OND

AVE

RICH M OND

94801

2443

US Bank

405992498

4141510034

2607

M OYERS

RD

RICH M OND

94806

2724

US Bank

411785134

4056100037

3334

PARK RIDGE

DR

RICHM OND

94806

5816

US Ba nk

1219334 77

513316043 1

4532

OVEREND

AVE

RICHM OND

94804

3441

US Bank

118222066

5303100050

1834

VISALIA

AVE

RICHM OND

94801

2550

US Ba nk

122591761

5170200033

547

39TH

ST

RICHMOND

94805

1815

US Bank

122962574

5262000093

3030

MORAN

AVE

RICHMOND

94804

1140

US Ba nk

123390791

5230540048

nz

VENTURA

ST

RICHMOND

94805

1451

US Ba nk

32511U01

534381.0089

524

MARINA

WAY

RICHMOND

94801

2778

US Bank

18635417

5441910204

2123

ClJITING

BLVD

RICHMOND

94804

2747

US Ba nk

150560522

4053810075

2

BOARDWALK

PL

RICH M OND

94806

1984

US Ba nk

146019911

5604500339

1203

MELVI LLE

SQ

RICHM OND

94804

4552

US Bank

203213319

5490710067

2951

ClJITING

BLVD

2925

US Bank

3146144

5502520108

428

US Ba nk

145908836

4056400205

US Bank

115809692

US Bank
US Bank

us Ba nk

APT

217

RICHM OND

94804

8TH

ST

RICHM OND

94804

2328

867

MULBERRY

PL

RICHMOND

94806

6111

4056700125

5717

OAKMONT

OR

RICHMOND

94806

5851

107308188

4321120091

5061

BUCKBOARD

WAY

RICHMOND

94803

3807

148475817

4333710038

5395

HEAVENLY RIDGE

LN

RICHMON D

94803

2626

7106157

4055400800

4042

COLEMAN

CJR

RICHMOND

94806

1859

US Bank

7178041

4 322100472

5314

SADDLEBACK

CT

RICHMOND

94803

3878

US Bank

3347004379

5612310069

616

ALAMO

AVE

RICHMO ND

94801

1969

s

US Bank

4108465 45

5260120125

3425

M ARICOPA

AVE

RICH M ON D

94804

1137

US Bank

411064893

5290900090

1766

ESM OND

AVE

RICH M OND

94801

2444

US Ba nk

410886184

5440920147

255

19TH

ST

RICHMO ND

94804

2633

US Ba nk

85133035

5101040102

2715

SAN MATEO

ST

RICHMOND

94804

5901

s

City of Richmond, California