ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

                                                                   Exhibit 99.12
                                                                   -------------

                                                                  EXECUTION COPY
                                                                  --------------

================================================================================




                         GSAA HOME EQUITY TRUST 2006-17

                            ASSET-BACKED CERTIFICATES

                                 SERIES 2006-17



                ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT


                                      among


                          GS MORTGAGE SECURITIES CORP.,
                                   as Assignor


                DEUTSCHE BANK NATIONAL TRUST COMPANY, AS TRUSTEE,
                                   as Assignee


                                       and


                              INDYMAC BANK, F.S.B.,
                                   as Servicer


                             and as acknowledged by

                     WELLS FARGO BANK, NATIONAL ASSOCIATION,
                               as Master Servicer


                                   Dated as of

                                October 30, 2006




================================================================================



<PAGE>


                ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT

            ASSIGNMENT, ASSUMPTION AND RECOGNITION AGREEMENT made this 30th day
of October, 2006 (this "Assignment Agreement"), among IndyMac Bank, F.S.B., a
federal savings bank (the "Servicer"), Deutsche Bank National Trust Company, not
in its individual capacity, but solely as trustee ("Trustee") on behalf of GSAA
Home Equity Trust 2006-17 (the "Assignee"), and GS Mortgage Securities Corp., a
Delaware corporation (the "Assignor" or "Depositor"), and as acknowledged by
Wells Fargo Bank, National Association ("Wells Fargo"), as master servicer (in
such capacity, the "Master Servicer").

            WHEREAS, Goldman Sachs Mortgage Company ("GSMC") and the Servicer
have entered into (i) the Amended and Restated Servicing Agreement, dated as of
November 1, 2005 (the "Servicing Agreement"), and (ii) the Second Amended and
Restated Master Mortgage Loan Purchase Agreement, dated as of March 1, 2006, as
amended by that certain Amendment No. 1 dated as of June 1, 2006 (as amended,
the "Sale Agreement"), pursuant to which the Servicer sold to GSMC certain
mortgage loans listed on the mortgage loan schedule attached as an exhibit to
the Servicing Agreement;

            WHEREAS, GSMC has assigned and conveyed certain mortgage loans (the
"Mortgage Loans"), which Mortgage Loans are subject to the provisions of the
Servicing Agreement and the Sale Agreement, to the Assignor pursuant to an
Assignment, Assumption and Recognition Agreement, dated as of October 30, 2006
(the "GSMC Assignment Agreement");

            WHEREAS, the Assignee has agreed on certain terms and conditions to
purchase from the Assignor the Mortgage Loans acquired by the Assignor pursuant
to the GSMC Assignment Agreement, which Mortgage Loans are listed on the
mortgage loan schedule attached as Exhibit 1 hereto (the "Mortgage Loan
Schedule"); and

            WHEREAS, pursuant to a Master Servicing and Trust Agreement, dated
as of October 1, 2006 (the "Trust Agreement"), among the Depositor, the Trustee,
Deutsche Bank National Trust Company, as a custodian, The Bank of New York, as a
custodian, U.S. Bank National Association, as a custodian and Wells Fargo Bank,
National Association, as Master Servicer and securities administrator, the
Assignor will transfer the Mortgage Loans to the Assignee, together with the
Assignor's rights under the Servicing Agreement and the Sale Agreement, to the
extent relating to the Mortgage Loans (other than the rights of the Assignor to
indemnification thereunder).

            NOW THEREFORE, in consideration of the mutual promises contained
herein and other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties agree as follows:

            1. Assignment and Assumption.

            (a) The Assignor hereby assigns to the Assignee, as of the date
hereof, all of its right, title and interest in and to the Mortgage Loans and
the GSMC Assignment Agreement (including without limitation the rights of GSMC
under the Servicing Agreement and the Sale Agreement, to the extent assigned to
the Assignor under the GSMC Assignment Agreement) from and after the date
hereof, and the Assignee hereby assumes all of the Assignor's obligations

<PAGE>


under the Servicing Agreement and the Sale Agreement, to the extent relating to
the Mortgage Loans from and after October 30, 2006, and the Servicer hereby
acknowledges such assignment and assumption and hereby agrees to the release of
the Assignor from any obligations under the Servicing Agreement and the Sale
Agreement from and after October 30, 2006, to the extent relating to the
Mortgage Loans.

            (b) The Assignor represents and warrants to the Assignee that the
Assignor has not taken any action which would serve to impair or encumber the
Assignor's ownership interest in the Mortgage Loans since the respective dates
of the Servicing Agreement and the Sale Agreement.

            (c) The Servicer and the Assignor shall have the right to amend,
modify or terminate the Servicing Agreement or the Sale Agreement without the
joinder of the Assignee with respect to mortgage loans not conveyed to the
Assignee hereunder, provided, however, that such amendment, modification or
termination shall not affect or be binding on the Assignee.

            2. Accuracy of the Servicing Agreement and the Sale Agreement. The
Servicer and the Assignor represent and warrant to the Assignee that (i)
attached hereto as Exhibit 2 is a true, accurate and complete copy of the
Servicing Agreement, (ii) attached hereto as Exhibit 3 is a true, accurate and
complete copy of the Sale Agreement, (iii) each of the Servicing Agreement and
the Sale Agreement is in full force and effect as of the date hereof, (iv)
neither the Servicing Agreement nor the Sale Agreement has been amended or
modified in any respect, except as contemplated herein or pursuant to the GSMC
Assignment Agreement and (v) no notice of termination has been given to the
Servicer under the Servicing Agreement or the Sale Agreement. The Servicer, in
its capacity as seller and/or servicer under each of the Servicing Agreement and
the Sale Agreement, as applicable, further represents and warrants that the
representations and warranties contained in Section 2.1 of the Servicing
Agreement are true and correct as of the Closing Date (as such term is defined
in the Servicing Agreement), and the representations and warranties regarding
the Mortgage Loans contained in Section 3.02 of the Sale Agreement were true and
correct as of the Closing Date (as such term is defined in the Sale Agreement).

            3. Recognition of Assignee.

            (a) From and after the date hereof, the Servicer shall note the
transfer of the Mortgage Loans to the Assignee in its books and records, shall
recognize the Assignee as the owner of the Mortgage Loans and, notwithstanding
anything herein to the contrary, shall service all of the Mortgage Loans for the
benefit of the Assignee pursuant to the Servicing Agreement the terms of which
are incorporated herein by reference. It is the intention of the Assignor,
Servicer and Assignee that the Servicing Agreement shall be binding upon and
inure to the benefit of the Servicer and the Assignee and their successors and
assigns.

            (b) The Servicer further acknowledges that, from and after the date
hereof, it (and any of its successors under the Servicing Agreement) will be
subject to the supervision of the Master Servicer and that the Master Servicer,
acting on behalf of the Assignee as the owner of the Mortgage Loans, shall have
the same rights as were assigned by GSMC, in its capacity as the original
"Owner" under the Servicing Agreement, to the Assignor under the GSMC


                                       3
<PAGE>


Assignment Agreement, and further assigned hereunder by the Assignor to the
Assignee. Such rights that Master Servicer may enforce on behalf of the Assignee
will include, without limitation, the right to terminate the Servicer under the
Servicing Agreement upon the occurrence of an event of default thereunder, the
right to receive all remittances required to be made by the Servicer under the
Servicing Agreement, the right to receive all monthly reports and other data
required to be delivered by the Servicer under the Servicing Agreement and the
right to exercise certain rights of consent and approval relating to actions
taken by the Servicer.

            (c) All reports and other data required to be delivered by the
Servicer to the "Owner" under the Servicing Agreement shall be delivered to the
Master Servicer at the address set forth in Section 10 hereof. All remittances
required to be made to the Trustee, as the successor in interest to the Assignor
under the Servicing Agreement, shall be made instead to the Master Servicer by
wire transfer to the following account:

            Wells Fargo Bank, National Association
            ABA #: 121000248
            For credit to: SAS Clearing
            Acct #: 3970771416
            FFC to: GSAA 2006-17 Acct # 50954900

            (d) Monthly Reporting

            Notwithstanding anything to the contrary in the Servicing Agreement,
with respect to the Mortgage Loans, not later than the tenth (10th) calendar day
of each month (or if such tenth (10th) calendar day is not a Business Day, the
immediately succeeding Business Day), the Servicer shall furnish to the Master
Servicer (i) (a) monthly loan data in the format set forth in Exhibit 4 hereto
(or in such other format mutually agreed-upon between the Servicer and the
Master Servicer), (b) default loan data in the format set forth in Exhibit 5
hereto (or in such other format mutually agreed-upon between the Servicer and
the Master Servicer) and (c) information regarding realized losses and gains in
the format set forth in Exhibit 6 hereto (or in such other format mutually
agreed-upon between the Servicer and the Master Servicer), in each case relating
to the period ending on the last day of the preceding calendar month, (ii) all
such information required pursuant to clause (i)(a) above on a magnetic tape,
electronic mail, or other similar media reasonably acceptable to the Master
Servicer and (iii) all supporting documentation with respect to the information
required under the preceding paragraph.

            4. Representations and Warranties of the Assignee. The Assignee
hereby represents and warrants to the Assignor as follows:

            (a) Decision to Purchase. The Assignee represents and warrants that
it is a sophisticated investor able to evaluate the risks and merits of the
transactions contemplated hereby, and that it has not relied in connection
therewith upon any statements or representations of the Assignor or the Servicer
other than those contained in the Servicing Agreement, the Sale Agreement or
this Assignment Agreement.




                                       4
<PAGE>


            (b) Authority. The Assignee hereto represents and warrants that it
is duly and legally authorized to enter into this Assignment Agreement and to
perform its obligations hereunder and under the Servicing Agreement and the Sale
Agreement.

            (c) Enforceability. The Assignee hereto represents and warrants that
this Assignment Agreement has been duly authorized, executed and delivered by it
and (assuming due authorization, execution and delivery thereof by each of the
other parties hereto) constitutes its legal, valid and binding obligation,
enforceable in accordance with its terms, except as such enforcement may be
limited by bankruptcy, insolvency, reorganization or other similar laws
affecting the enforcement of creditors' rights generally and by general
equitable principles (regardless of whether such enforcement is considered in a
proceeding in equity or at law).

            5. Representations and Warranties of the Assignor. The Assignor
hereby represents and warrants to the Assignee as follows:

            (a) Organization. The Assignor has been duly organized and is
validly existing as a corporation in good standing under the laws of the State
of Delaware with full power and authority (corporate and other) to enter into
and perform its obligations under the Servicing Agreement, the Sale Agreement
and this Assignment Agreement.

            (b) Enforceability. This Assignment Agreement has been duly executed
and delivered by the Assignor, and, assuming due authorization, execution and
delivery by each of the other parties hereto, constitutes a legal, valid, and
binding agreement of the Assignor, enforceable against it in accordance with its
terms, subject to bankruptcy, insolvency, reorganization, moratorium, or other
similar laws affecting creditors' rights generally and to general principles of
equity regardless of whether enforcement is sought in a proceeding in equity or
at law.

            (c) No Consent. The execution, delivery and performance by the
Assignor of this Assignment Agreement and the consummation of the transactions
contemplated hereby do not require the consent or approval of, the giving of
notice to, the registration with, or the taking of any other action in respect
of, any state, federal or other governmental authority or agency, except such as
has been obtained, given, effected or taken prior to the date hereof.

            (d) Authorization; No Breach. The execution and delivery of this
Assignment Agreement have been duly authorized by all necessary corporate action
on the part of the Assignor; neither the execution and delivery by the Assignor
of this Assignment Agreement, nor the consummation by the Assignor of the
transactions herein contemplated, nor compliance by the Assignor with the
provisions hereof, will conflict with or result in a breach of, or constitute a
default under, any of the provisions of the governing documents of the Assignor
or any law, governmental rule or regulation or any material judgment, decree or
order binding on the Assignor or any of its properties, or any of the provisions
of any material indenture, mortgage, deed of trust, contract or other instrument
to which the Assignor is a party or by which it is bound.

            (e) Actions; Proceedings. There are no actions, suits or proceedings
pending or, to the knowledge of the Assignor, threatened, before or by any
court, administrative agency,


                                       5
<PAGE>


arbitrator or governmental body (A) with respect to any of the transactions
contemplated by this Assignment Agreement or (B) with respect to any other
matter that in the judgment of the Assignor will be determined adversely to the
Assignor and will, if determined adversely to the Assignor, materially adversely
affect its ability to perform its obligations under this Assignment Agreement.

            It is understood and agreed that the representations and warranties
set forth in this Section 5 shall survive delivery of the respective mortgage
loan documents to the Assignee or its designee and shall inure to the benefit of
the Assignee and its assigns notwithstanding any restrictive or qualified
endorsement or assignment. Upon the discovery by the Assignor or the Assignee
and its assigns of a breach of the foregoing representations and warranties, the
party discovering such breach shall give prompt written notice to the other
parties to this Assignment Agreement, and in no event later than two (2)
Business Days from the date of such discovery. It is understood and agreed that
the obligations of the Assignor set forth in Section 6 to repurchase a Mortgage
Loan constitute the sole remedies available to the Assignee and its assigns on
their behalf respecting a breach of the representations and warranties contained
in this Section 5.

            It is understood and agreed that the Assignor has made no
representations or warranties to the Assignee other than those contained in this
Section 5, and no other affiliate of the Assignor has made any representations
or warranties of any kind to the Assignee.

            6. Repurchase of Mortgage Loans. (a) To the extent that IndyMac is
required under the Sale Agreement or any related agreement to which IndyMac and
Assignor are parties to repurchase any Mortgage Loan on account of an Early
Payment Default, the Assignee shall be entitled as a result of the assignments
hereunder to enforce such obligation directly against IndyMac as required by and
in accordance with the Sale Agreement or such related agreement, as applicable.
For purposes of this Section, "Early Payment Default" shall mean any provision
of the Sale Agreement or any related agreement to which IndyMac and Assignor are
parties that is designated as an "early payment default" provision of otherwise
provides for the repurchase of any Mortgage Loan in the event of a default in
the first (of such other number as may be specified in such provision) scheduled
payment due under such Mortgage Loan after the closing or other date specified
in such agreement.

            (b) Upon discovery or notice of any breach by the Assignor of any
representation, warranty or covenant under this Assignment Agreement that
materially and adversely affects the value of any Mortgage Loan or the interest
of the Assignee therein (it being understood that any such defect or breach
shall be deemed to have materially and adversely affected the value of the
related Mortgage Loan or the interest of the Assignee therein if the Assignee
incurs a loss as a result of such defect or breach), the Assignee promptly shall
request that the Assignor cure such breach and, if the Assignor does not cure
such breach in all material respects within sixty (60) days from the date on
which it is notified of the breach, the Assignee may enforce the Assignor's
obligation hereunder to purchase such Mortgage Loan from the Assignee at the
Repurchase Price as defined in the Sale Agreement. Notwithstanding the
foregoing, however, if such breach is a Qualification Defect as defined in the
Sale Agreement, such cure or repurchase must take place within sixty (60) days
of discovery of such Qualification Defect.




                                       6
<PAGE>


            In the event the Servicer has breached a representation or warranty
under the Sale Agreement that is substantially identical to, or covers the same
matters as, a representation or warranty breached by the Assignor hereunder, the
Assignee shall first proceed against the Servicer. If the Servicer does not
within ninety (90) days after notification of the breach, take steps to cure
such breach (which may include certifying to progress made and requesting an
extension of the time to cure such breach, as permitted under the Sale
Agreement) or purchase the Mortgage Loan, the Assignee shall be entitled to
enforce the obligations of the Assignor hereunder to cure such breach or to
purchase the Mortgage Loan from the Trust. In such event, the Assignor shall
succeed to the rights of the Assignee to enforce the obligations of the Servicer
to cure such breach or repurchase such Mortgage Loan under the terms of the Sale
Agreement with respect to such Mortgage Loan. In the event of a repurchase of
any Mortgage Loan by the Assignor, the applicable custodian on behalf of the
Trustee shall promptly deliver to the Assignor or its designee the related
Mortgage File and the Trustee shall assign to the Assignor all of the Assignee's
rights under the Sale Agreement, but only insofar as the Sale Agreement relates
to such Mortgage Loan.

            Except as specifically set forth herein, the Assignee shall have no
responsibility to enforce any provision of this Assignment Agreement, to oversee
compliance hereof, or to take notice of any breach or default thereof.

            7. Termination; Optional Clean-Up Call.

            In connection with the Trust Agreement, the Master Servicer hereby
agrees to the following obligations described below. For purposes of this
Section 7 only, any capitalized term used but not defined in this Assignment
Agreement has the same meaning assigned thereto in the Trust Agreement.

            In the event that a Person specified in Section 11.01 of the Trust
Agreement chooses to exercise its option set forth therein to purchase the
Mortgage Loans and REO Properties or to conduct an Auction Call for such
property of the Trust Fund, as the case may be, by no later than the 10th day of
the month of the final distribution, such Person shall notify the Depositor, the
Trustee and the Securities Administrator of the final Distribution Date and of
the applicable purchase or sale price of the Mortgage Loans and REO Properties
determined and in the manner as provided in the Trust Agreement.

            In the event the Mortgage Loans and REO Properties are purchased or
sold pursuant to Section 11.01 of the Trust Agreement, the Master Servicer shall
remit to the Securities Administrator the applicable Termination Price on the
Remittance Date immediately preceding the applicable final Distribution Date.
Upon such final deposit with respect to the Trust Fund and the receipt by the
Securities Administrator and the Custodians of a Request for Release therefor,
the Master Servicer shall direct the Custodians to release to the Master
Servicer or its designee the Custodial Files for the Mortgage Loans.

            8. Continuing Effect. Except as contemplated hereby, the Servicing
Agreement and the Sale Agreement shall remain in full force and effect in
accordance with their respective terms.




                                       7
<PAGE>


            9. Governing Law.

            THIS ASSIGNMENT AGREEMENT AND THE RIGHTS AND OBLIGATIONS HEREUNDER
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK (WITHOUT REGARD TO THE CONFLICT OF LAWS PROVISIONS THEREOF).

            EACH PARTY HERETO HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVES ANY AND ALL RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION BASED ON, OR ARISING OUT OF, UNDER, OR IN CONNECTION WITH, THIS
ASSIGNMENT AGREEMENT, OR ANY OTHER DOCUMENTS AND INSTRUMENTS EXECUTED IN
CONNECTION HEREWITH, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS
(WHETHER ORAL OR WRITTEN), OR ACTIONS OF SUCH PARTY. THIS PROVISION IS A
MATERIAL INDUCEMENT FOR THE PARTIES TO ENTER INTO THIS ASSIGNMENT AGREEMENT.

            10. Notices. Any notices or other communications permitted or
required hereunder or under the Servicing Agreement or the Sale Agreement shall
be in writing and shall be deemed conclusively to have been given if personally
delivered at or mailed by registered mail, postage prepaid, and return receipt
requested or transmitted by telex, telegraph or telecopier and confirmed by a
similar mailed writing, to:

            (a) in the case of the Servicer,

                IndyMac Bank, F.S.B.
                3465 East Foothill Boulevard
                Pasadena, California 91107
                Attention:  [Jill Jacobson]

                or such address as may hereafter be furnished by the Servicer;

            (b) in the case of the Master Servicer,

                Wells Fargo Bank, National Association
                P.O. Box 98
                Columbia, Maryland 21046
                Attention:  Corporate Trust Services, GSAA 2006-17

                or in the case of overnight deliveries:

                Wells Fargo Bank, National Association
                9062 Old Annapolis Road
                Columbia, Maryland 21045
                Attention:  Corporate Trust Services, GSAA 2006-17

                or such address as may hereafter be furnished by the
                Master Servicer;




                                       8
<PAGE>

            (c) in the case of the Trustee or the Assignee,

                Deutsche Bank National Trust Company
                1761 East St. Andrew Place
                Santa Ana, California 92705-4934
                Attention: Trust Administration - GS0617
                Tel.: (714) 247-6000

                or such other address as may hereafter be furnished by the
                Trustee or Assignee; and

            (d) in the case of the Assignor,

                GS Mortgage Securities Corp.
                85 Broad Street
                New York, New York 10004
                Attention:  Chris Gething
                Tel.: (212) 902-1434
                Fax:  (212) 256-5107

                or such other address as may hereafter be furnished by the
                Assignor.

            11. Counterparts. This Assignment Agreement may be executed in
counterparts, each of which when so executed shall be deemed to be an original
and all of which when taken together shall constitute one and the same
instrument.

            12. Definitions. Any capitalized term used but not defined in this
Assignment Agreement has the meaning assigned thereto in the Servicing
Agreement.

            13. Third Party Beneficiary. The parties agree that the Master
Servicer is intended to be, and shall have the rights of, a third party
beneficiary of this Assignment Agreement.

            14. Trustee Capacity. It is expressly understood and agreed by the
parties hereto that (i) this Assignment Agreement is executed and delivered by
Deutsche Bank National Trust Company, not individually or personally but solely
on behalf of GSAA Home Equity Trust 2006-17, as the Assignee, in the exercise of
the powers and authority conferred and vested in it, (ii) each of the
representations, undertakings and agreements by Deutsche Bank National Trust
Company is made and intended for the purpose of binding only the GSAA Home
Equity Trust 2006-17, (iii) nothing herein contained shall be construed as
creating any liability for Deutsche Bank National Trust Company, individually or
personally, to perform any covenant (either express or implied) contained
herein, and all such liability, if any, is hereby expressly waived by the
parties hereto, and such waiver shall bind any third party making a claim by or
through one of the parties hereto, and (iv) under no circumstances shall
Deutsche Bank National Trust Company be personally liable for the payment of any
indebtedness or expenses of the GSAA Home Equity Trust 2006-17, or be liable for
the breach or failure of any obligation, representation, warranty or covenant
made or undertaken by the GSAA Home Equity Trust 2006-17 under this Assignment
Agreement, the Trust Agreement or any related document.



                                       9
<PAGE>



            IN WITNESS WHEREOF, the parties hereto have executed this Assignment
Agreement the day and year first above written.


                                       GS MORTGAGE SECURITIES CORP.




                                       By: /s/ Michelle Gill
                                           ------------------------------------
                                           Name:  Michelle Gill
                                           Title: Vice President


                                       DEUTSCHE BANK NATIONAL TRUST COMPANY,
                                           not in its individual capacity but
                                           solely as Trustee




                                       By: /s/ Melissa Wilman
                                           ------------------------------------
                                           Name: Melissa Wilman
                                           Title: Vice President


                                       INDYMAC BANK, F.S.B.




                                       By: /s/ Jill Jacobson
                                           ------------------------------------
                                           Name:  Jill Jacobson
                                           Title: Vice President


Acknowledged and Agreed:

WELLS FARGO BANK, NATIONAL ASSOCIATION,
as Master Servicer



By: /s/ Patricia M. Russo
   -------------------------------
     Name:  Patricia M. Russo
     Title: Vice President


                               IndyMac Step 2 AAR

<PAGE>



                                    EXHIBIT 1

                             Mortgage Loan Schedule
                             ----------------------

    [On File with the Securities Administrator as provided by the Depositor]























                               IndyMac Step 2 AAR


<PAGE>


                                    EXHIBIT 2

                               Servicing Agreement
                               -------------------

                          [On File with the Depositor]

















<PAGE>


                                    EXHIBIT 3

                                 Sale Agreement
                                 --------------

                          [On File with the Depositor]




























<PAGE>



<TABLE>
<CAPTION>
                                    EXHIBIT 4

                Standard File Layout - Master Servicing
------------------------------------------------------------------------- --------- ------------------------------------ ---------
Column Name                Description                                    Decimal   Format Comment                       Max Size
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
<S>                        <C>                                                      <C>                                  <C>
SER_INVESTOR_NBR           A value assigned by the Servicer to define a             Text up to 10 digits                       20
                           group of loans.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
LOAN_NBR                   A unique identifier assigned to each loan by             Text up to 10 digits                       10
                           the investor.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
SERVICER_LOAN_NBR          A unique number assigned to a loan by the                Text up to 10 digits                       10
                           Servicer. This may be different than the
                           LOAN_NBR.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
BORROWER_NAME              The borrower name as received in the file.               Maximum length of 30 (Last, First)         30
                           It is not separated by first and last name.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
SCHED_PAY_AMT              Scheduled monthly principal and scheduled         2      No commas(,) or dollar signs ($)           11
                           interest payment that a borrower is expected
                           to pay, P&I constant.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
NOTE_INT_RATE              The loan interest rate as reported by the         4      Max length of 6                             6
                           Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
NET_INT_RATE               The loan gross interest rate less the             4      Max length of 6                             6
                           service fee rate as reported by the Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
SERV_FEE_RATE              The servicer's fee rate for a loan as             4      Max length of 6                             6
                           reported by the Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
SERV_FEE_AMT               The servicer's fee amount for a loan as           2      No commas(,) or dollar signs ($)           11
                           reported by the Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
NEW_PAY_AMT                The new loan payment amount as reported by        2      No commas(,) or dollar signs ($)           11
                           the Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
NEW_LOAN_RATE              The new loan rate as reported by the              4      Max length of 6                             6
                           Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
ARM_INDEX_RATE             The index the Servicer is using to calculate      4      Max length of 6                             6
                           a forecasted rate.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
ACTL_BEG_PRIN_BAL          The borrower's actual principal balance at        2      No commas(,) or dollar signs ($)           11
                           the beginning of the processing cycle.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
ACTL_END_PRIN_BAL          The borrower's actual principal balance at        2      No commas(,) or dollar signs ($)           11
                           the end of the processing cycle.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
BORR_NEXT_PAY_DUE_DATE     The date at the end of processing cycle that             MM/DD/YYYY                                 10
                           the borrower's next payment is due to the
                           Servicer, as reported by Servicer.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
SERV_CURT_AMT_1            The first curtailment amount to be applied.       2      No commas(,) or dollar signs ($)           11
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
SERV_CURT_DATE_1           The curtailment date associated with the                 MM/DD/YYYY                                 10
                           first curtailment amount.
-------------------------- ---------------------------------------------- --------- ------------------------------------ ---------
CURT_ADJ_ AMT_1            The curtailment interest on the first             2      No commas(,) or do