||| Residential Loans, Mortgage Backed Loans

Shinsei Servicer sends invoices, manages repayments and credit documents, and performs all aspects of loan administration for various types of loans on behalf of creditors.
Shinsei Servicer has a solid record of achievement in servicing for many residential loan securitizations. Our internal controls and the quality of our work have earned high ratings from several international rating agencies.

Principal Services

- Issue principal and interest invoices to borrowers' deposit accounts, execute account transfers.
- Address inquiries from borrowers, provide information on procedures, and issue various certifications.
- Send notifications to delinquent borrowers.
- Store and maintain loan agreements, preserve and manage collateral.
- Issue servicing reports and activity reports to servicing clients and investors.

= Reliable Client Services
As we are a bank- affiliated servicer and our staff has a wealth of experience in residential loan servicing, we can properly respond to clients' diverse needs.

= Servicing System
Our highly versatile servicing system is equipped with an interface for rapid transfer of massive volumes of residential loan data. It is capable of servicing floating-rate, fixed-rate, fixed-rate rider and various other types of residential loans.

= Management and Supervision Systems
Compliance with all laws and regulations is a given, but we have also established internal controls to satisfy the strict requirements of clients and investors. Furthermore, we have implemented painstaking security measures to protect data, and have installed robust backup systems.

= Servicer Ratings
Our company's quality of servicing is evidenced by third party assessments. Two international rating agencies, Standard & Poor's and Fitch Ratings, have given Shinsei Servicer the highest ratings than any other residential loan primary servicer in Japan.

= Strong Track Record
We have handled approximately 80,000 loans worth \970 billion (including backup servicing), and have solidly and reliably fulfilled the needs of both clients and investors.

||| Non-Recourse Loans

Shinsei Servicer also offers servicing for non-recourse loans (performing loans) made for acquiring real estate or loan assets.

Principal Services

- Invoice and collect principal and interest; make payments from the expense reserves; and other cash management functions.
- Serve as an intermediary for communications between clients and borrowers.
- Review various financial and property management reports on borrowers and collateral.
- Coordinate with parties concerned for collateral appraisal or registration.