Form Abs Due Diligence - Certification Of Provider Of Thirdparty Due Diligence Services For Asset-Backed Securities Page 3
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4Identity of NRSRO
Title and Date of Criteria
Item 4. Description of the due diligence performed
Provide a description of the scope and manner of the due diligence services performed in connection
with the review of assets that is sufficiently detailed to provide an understanding of the steps taken in
performing the review. Include in the description: (1) the type of assets that were reviewed; (2) the
sample size of the assets reviewed; (3) how the sample size was determined and, if applicable,
computed; (4) whether the accuracy of information or data about the assets provided, directly or
indirectly, by the securitizer or originator of the assets was reviewed and, if so, how the review was
conducted; (5) whether the conformity of the origination of the assets to stated underwriting or credit
extension guidelines, standards, criteria or other requirements was reviewed and, if so, how the
review was conducted; (6) whether the value of collateral securing such assets was reviewed and, if
so, how the review was conducted; (7) whether the compliance of the originator of the assets with
federal, state, and local laws and regulations was reviewed and, if so, how the review was conducted;
and (8) any other type of review that was part of the due diligence services conducted by the person
executing this Form. This description should be attached to the Form and contain the heading “Item
4.” Provide this description regardless of whether the due diligence performed is intended to satisfy
the criteria for due diligence published by a nationally recognized statistical rating organization.
Item 5. Summary of findings and conclusions of review
Provide a summary of the findings and conclusions that resulted from the due diligence services that
is sufficiently detailed to provide an understanding of the findings and conclusions that were
conveyed to the person identified in Item 2. This summary should be attached to the Form and
contain the heading “Item 5.”
CERTIFICATION
The undersigned has executed this Form ABS Due Diligence 15E on behalf of, and on the authority of,
the person identified in Item 1 of the Form. The undersigned, on behalf of the person, represents that the
person identified in Item 1 of the Form conducted a thorough review in performing the due diligence
described in Item 4 attached to this Form and that the information and statements contained in this Form,
including Items 4 and 5 attached to this Form, which are part of this Form, are accurate in all significant
respects on and as of the date hereof.
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