RATE SHEET # 0.000% 0.750% 0.750% 0.500% 0.250% 0.250% 0.500% 1.250% 1.500% 2.750% 2.750% Not Avail 3.000% Not Available 0.750% 1.000% Not Avail.

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1 Retail - Agency & Sonyma Pricing (Fixed Rate Products) Contact the PricingDesk: Phone: Fax: RATE SHEET # 55 PricingDesk@Emigrant.com Effective Date: Prior Day Rate Change Indicated By: Agency Locks must be received by 5:00 PM EST Products, Pricing & Lock Periods ` FNMA / Freddie Standard & High Balance Pricing Sonyma Agency 30 Year Fixed - High 15 Year Fixed - Standard 30 Year Fixed - Standard Agency 15 Year Fixed - High Balance 30 Year Fixed Balance RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR 3.750% % 4.625% % 4.000% % 4.625% % 4.000% 4.00% 3.625% % 4.500% % 4.33% % 4.500% % 3.500% % % 3.750% % % 4.28% % 4.250% % 3.625% % 4.250% % 4.20% 120 Day Lock At Application. 30 Yr Fixed Rate Product Only New York Properties ONLY % 3.25% 4.125% 4.13% 3.500% 3.50% 4.125% 4.13% Agency Point Adjustments All Adjustments are cumulative & apply to all loans that meet the stated criteria. Fico / LTV (Point Adjs - Applies to Purchases, R/T & C/O where the term is > 15 Yrs) C/O Refis (Point Adjustments ) Fico 60 >60 - >70 - >75 - >80-85% >85% Fico 60 >60 - >70 - >75 - > % 0.625% % % % 1.125% % 1.125% 1.125% % 1.625% 1.625% 2.625% % 1.625% 1.625% 3.125% Miscellaneous (Point Adjustments) Subordinate Financing (Point Adjustments) Condos (Term > 15 Ys) LTV Range CLTV Range Fico < 720 Fico 720 All Investment %. 65% 2-4 Unit Props %- Miscellaneous (ustments) >-95% Borrower w/5-10 Fin Props... High Balance $Amounts (In Addition to Standard Pricing Adjs.) High Balance, Purchases or Rate-Term Refis - Add'l.25% Point Adj LMI Loans: Go to to check for LMI eligibility. LMI Loans will receive a.25% reduction in Rate. See Source Book for Details on Eligibility Requirements. High Balance, Cash Out Refis - Add'l Point Adjustment Agency Guidelines Please see the Guide Book for Geographic Restrictions and Complete Program Guidelines. Standard Loan Limits High Balance Loan Limits Property Type Max $ Amt Purch / R-T Cash Out Prop Type $ Amount Purch / R-T Cash Out High Balance Loans: 1F, O/O $424,100 1F, O/O LTVs reflected on the Chart are Max LTVs. Lower LTVs 1F, 2nd Homes $424,100 90% / 90% 1F, 2nd Hmes 90% / 90% may apply based on Loan Size, Fico Score & MI Guidelines. 2F, O/O $543,000 85% / 85% 2F, O/O $814,500 85% / 85% Geographic Restrictions: Fla Props are not eligible. 3F, O/O $656,350 3F, O/O $984,525 See Guide Book, for additional Restrictions. 4F, O/O $815,650 4F, O/O $1,223,475 Cash Out Refinances require 6 Mos Seasoning. 1F, NOO $424,100 85% / 1F, NOO 85% / Standard & High Balance Loans: 2F, NOO $543,000 2F, NOO $814,500 Florida Properties: See SourceBook for Eligible Lending 3F, NOO $656,350 3F, NOO $984,525 Areas. Eligible Property Types: Single Family, Condos and 4F, NOO $815,650 4F, NOO $1,223,475 Townhouses. Max Loan Amount: $424,100. Coops & Condos, OO $424,100 Coops, OO Coops: NY ONLY, No Investment or Sub Financing. Coops, 2nds $424,100 90% / 90% able Coops, 2nds 90% / 90% able Borrower w/5-10 Financed Props: Min Fico Score 720, Max LTV/CLTV: (Standard), 65% (High Balance). Agency Lock Policy: Lock Periods & Dates: 1) All Extension Requests must be submitted,in writing to the Pricing Desk (via 15 Days 04/07/17 60 Days 05/22/17 or fax) PRIOR to Lock. Cost of the Extension will be calculated at that time. 30 Days 04/22/17 90 Days 06/21/17 PricingDesk: PricingDesk@emigrant.com Fax: Days 07/21/17 2) If a Lock expires and an extension hasn't been requested, the loan will be relocked Adjs for Other Lock Periods (Call for Pricing On Lock Periods > 60 Days): for 15 days at "Worst Case" Pricing (Based on the original lock period). 15 Days -.25% to Points 30 Days -.125% to Points

2 Retail - Agency Pricing (ARM Products) Contact the PricingDesk: Phone: Fax: RATE SHEET # 55 PricingDesk@Emigrant.com Effective Date: Prior Day Rate Change Indicated By: Agency Locks must be received by 5:00 PM. Freddie Libor ARMS Index: 1 Year Libor: 1.810% 5/1 Libor ARM 7/1 Libor ARM 10/1 Libor ARM Freddie ARM Parameters RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR Product Caps Margin 3.125% % % 3.750% % % 3.250% % 3.625% % 5/1 ARM 2/2/5% 2.25% 7/1 & 10/1 5/2/5% 2.25% Higher of Start Rate plus 2% OR Fully Indexed Rate % 3.125% 3.59% 3.500% 3.69% Eligible Prop Types: 1-4 Family & Condos. Coops Not Eligible. FNMA Libor ARMs Index: 1 Year Libor: 1.810% 5/1 Libor ARM 7/1 Libor ARM 10/1 Libor ARM FNMA ARM Parameters RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR Product Caps Margin 4.500% % 4.13% 4.625% % % 5/1 ARM 2/2/5% 2.25% Higher of Start Rate plus 2% OR Fully Indexed Rate % 4.500% 4.24% 4.750% % 7/1 & 10/1 5/2/5% 2.25% Note Rate 4.250% 4.09% % 4.625% 4.39% Eligible Prop Types: 1-4 Family, Condos, & Coops Agency Pricing Adjustments All Adjustments are cumulative & apply to all loans that meet the stated criteria. Fico / LTV (Point Adjs - Applies to Purchases, R/T & C/O where the term is > 15 Yrs) C/O Refis (Point Adjustments ) Fico 60 >60 - >70 - >75 - >80-85% >85% Fico 60 >60 - >70 - >75 - > % 0.625% % % % 1.125% % 1.125% 1.125% % 1.625% 1.625% 2.625% % 1.625% 1.625% 3.125% Miscellaneous (Point Adjustments) Miscellaneous (ustments) Condos (Term > 15 Ys) All Investment Borrowers with >4 Finaced. Props. 2-4 Unit Props. Subordinate Financing (Point Adjustments) LMI Eligibility:.25% Reduction in Rate (All LTVs). See Guide Book for Eligiblity Reqs and Addl Mortgage Incentives. LTV Range CLTV Range Fico < 720 Fico 720 High Balance / Super Conforming: 65% Cash Out 65.01%- LTV Lock Periods & Dates: 1) All Extension Requests must be submitted,in writing to the Pricing Desk 15 Days 04/07/17 60 Days 05/22/17 via or fax) PRIOR to Lock. Cost of the Extension will be 30 Days 04/22/17 90 Days 06/21/17 calculated at that time. Contact the Pricing Desk via or Phone: 120 Days 07/21/17 or Adjs for Other Lock Periods (Call for Pricing On Lock Periods > 60 Days): 15 Days -.25% to Points 30 Days -.125% to Points 2) If a Lock expires and an extension hasn't been requested, the loan will be relocked for 15 days at "Worst Case" Pricing (Based on the original lock).

3 Retail - Portfolio Full Doc Pricing MORTGAGE COMPANY FULL DOC PRICING - Primary, 2nd Homes & Investment Contact the PricingDesk: / PricingDesk@Emigrant.com RATE SHEET # 55 Submit Applications Online: Effective Date: Products & Pricing Primary Residences, Second Homes & Investment Properties 2/1 Treasury ARM 5/1 Treasury ARM 7/1 Treasury ARM ARM Parameters Index - 1 YR T-Bill: 1.00% Primary Residences & 2nd Homes - Floor (All Products) = the Start Rate. Product Caps Margin RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR 2/1 ARM 2 / % above Start Rate % 5.125% % % 5/1 ARM 2 / % above Start Rate 4.250% 4.25% 5.000% 5.00% 6.250% 6.25% 7/1 ARM 5 / 2 / 5 2. Higher of Start or Fully Indexed Rate % % % 6.125% 6.17% Investment - Floor (All Products) = the Start Rate % 4.06% 4.750% 4.84% 6.000% 6.09% Product Caps Margin % 3.97% 4.625% 4.76% % 2/1 ARM 2 / % 3.87% 4.500% 2.000% 4.67% 5.750% 2.000% 5.94% 5/1 ARM 5 / 2 / /1 ARM 5 / 2 / 5 2. The for Portfolio, Investment ARM Products is the Higher of the Start Rate of the Fully Indexed Rate ustments, Max LTVs & LTV Reductions ustments (Based on Fico Score & Loan Amount): Fico Scores > 700 $Amount Range $625,500 able able % No Pricing Adj $625,501 - $1,500, % 0.3 No Pricing Adj No Pricing Adj % >$1,500,000 No Pricing Adj - - Maximum LTVs (Applies to Purchase, Primary Residence Transactions with Loan Amts $3,000,000. Refert to LTV Adjustment Chart Below for addl reductions.) Fico Scores > 700 Maximum LTVS 50% 60% 65% LTV Adjustments (Adjustments are cumulative and must be deducted from Max LTVs listed above. LTV Floor is 50% on all Transactions, with the following exceptions: 1) The floor for loans with a Fico Socre of 600 is. 2) The Floor for the Cash Flow Program is. Description LTV Reduction Description Loan Amounts > $3mm - $5mm 5% All Refinances (Cash Out & Rate Term). Loan Amounts > $5mm 15% C/O Refis with C/O Amounts >$200k Investment Properties 10% Insufficient Credit / Non Perm Res Alien (w/credit) Second Homes 5% US Citizens / Permanent Resident Aliens (No Credit) Foreign National / Non Perm Res Alien (No or Insuff Credit) LTV Reduction 5% 10% 10% 20% 20% Additional Product & Pricing Requirements Investment Properties Foreign Income (US Citizens /PRA) Investment Properties (1-4 F, Condos) Income generated Outside United States Investment Coops Foreign National/Non Permanent Resident Alien Credit Related Foreign National/NPRA (2nd Homes) Insufficient Credit Foreign National / NPRA (No / Insufficient Credit) No Credit Foreign National / NPRA (With US Credit) Bankruptcy / FC (Years Post Discharge) >1 <=3yrs >3 <7yrs Foreign National/NPRA (Investment Props) Foreign National / NPRA (No / Insufficient Credit) 1 Miscellaneous Foreign National / NPRA (With US Credit) Corp Title or Partnership in addition to Investment Property Adjustments. LMI Loans: Go to to check for LMI eligibility. Lock Period Adjs: LMI Loans will receive a.25% reduction in Rate. The following transactons 15 Days : -.25% to Points 30 Days: -.125% to Points 90 Days: +.125% to Rate are not eligible for LMI: $ Amts >$750k, Cash Flow & Bridge Loans. Investment Properties - Addl Pricing Applies - See Above. A Prepayment Penalty will be required on All Investment Properties, where Permitted. Florida Properties - Minimum Loan Amount: $424,101. Eligible Property Types: Single Family, Condos & Townhouses. See Source Book for Additional Guidelines

4 Retail - FNMA/FHLMC ARM Guidelines Contact the Pricing Desk: RATE SHEET # 55 Submit Applications Online: Effective Date: Thursday Current Turnaround Time for Regis/Lock Confirmations: 24 Hours Agency Locks must be received by 5:00 PM EST. Please see the Guide Book for complete Program Descriptions. FHLMC Libor ARMs Standard Loan Amounts Super Conforming Loan Amounts Property Type Max $ Amt Purch / R-T Cash Out Prop Type $ Amount Purch / R-T Cash Out 1 Unit, Primary $424,100 1 Unit, Primary 90% / 90% 1 Unit, 2nd Homes $424,100 85% / 85% 1 Unit, 2nd Homes / 65% 2 Unit, Primary $543,000 / 2 Unit, Primary $814,500 65% 3 Unit, Primary $656,350 / 3 Unit, Primary $984,525 65% 4 Unit, Primary $815,650 / 4 Unit, Primary $1,223,475 65% 1 Unit, Investment $424,100 85% / 1 Unit, Investment / 65% 2 Unit, Investment $543,000 2 Unit, Investment $814,500 / 65% 3 Unit, Investment $656,350 3 Unit, Investment $984,525 / 65% 4 Unit, Investment $815,650 4 Unit, Investment $1,223,475 / 65% General COOPS are not eligible. Florida Properties: Eligible Lending Areas: Miami-Dade, Broward, Palm Beach Counties. Eigible Prop Types: Single Family, Condos, & Townhouses. Max Loan Amt is $417,000. Borrowers with Multiple Financed Props: >1 Invest Prop: 5/1 ARM is able. >4 Financed Props: Minimum Fico of 720 Required. Max LTV/CLTV is. Super Conforming Loan Amounts: Florida Properties are not eligible. Additional Geographic Restrictins Apply to Max Loan Amounts. See Source Book for details. Fico Score: Minimum Fico Score is 620. FNMA Libor ARMs Standard Loan Amounts High Balance Loan Amounts Property Type Max $ Amt Purch / R-T Cash Out Prop Type $ Amount Purch / R-T Cash Out 1 Unit, Primary $424,100 90% / 90% 1 Unit, Primary 90% / 90% 1 Unit, 2nd Homes $424,100 / 65% 1 Unit, 2nd Homes / 65% 2 Unit, Primary $543,000 65% 2 Unit, Primary $814,500 65% 3 Unit, Primary $656,350 65% / 65% 65% 3 Unit, Primary $984,525 65% / 65% 65% 4 Unit, Primary $815,650 65% / 65% 65% 4 Unit, Primary $1,223,475 65% / 65% 65% 1 Unit, Investment $424,100 65% 1 Unit, Investment 65% 2 Unit, Investment $543,000 65% / 65% 60% 2 Unit, Investment $814,500 65% / 65% 60% 3 Unit, Investment $656,350 65% / 65% 60% 3 Unit, Investment $984,525 65% / 65% 60% 4 Unit, Investment $815,650 65% / 65% 60% 4 Unit, Investment $1,223,475 65% / 65% 60% Coops, Primary $424,100 90% / 90% Coops, Primary 90% / 90% Coops, 2nds $424,100 / able Coops, 2nds / able General COOPS: Eligible in NY only. No Investment Props or Suboordinate Financing Allowed. Florida Properties: Eligible Lending Areas: Miami-Dade, Broward, Palm Beach Counties. Eigible Prop Types: Single Family, Condos, & Townhouses. Max Loan Amt is $424,100. Borrowers with Multiple Financed Props: >1 Invest Prop: 5/1 ARM is able. >4 Financed Props: Minimum Fico of 720 Required. Max LTV/CLTV is. High Balance Loan Amounts: Florida Properties are not eligible. Additional Geographic Restrictins Apply to Max Loan Amounts. See Source Book for details. Fico Score: Minimum Fico Score is 620. Refi Plus / Relief Refi Guidelines Rate/Term, Limited Cash Out Only of existing FNMA/FHLMC Loans Eligible Property Types Standard Maximum Loan Amounts High Balance / Super Conforming 1 Max LTV / CLTV: There is no Maximum LTV or CLTV under the FNMA Refi Plus Program 1 Family $424,100 or the FHLMC Relief Refinance (Same Servicer). The Max LTV for the FHLMC Relief Condos / Coops (Fnma ONLY) $424,100 Refinance (Open Access) Program is (no maximum CLTV). 2 Family $543,000 $814,500 Coops: FNMA Only, NY Props Only. 3 Family $656,350 $984,525 Minimum Fico: No Minimum Fico requirement under the Refi Plus / Relief Refi Programs. 4 Family $815,650 $1,223,475 Florida Properties : Max Loan Amount is $424,100. Single Family, Condos and 1 Geographic Restrictions apply to the High Balance Loan Amounts. Refer to the Townhouses Only. Eligble Counties: See Source Book for Eligible Lending Areas. Source Book for Complete Program Details.

5 Retail - Foreign National (Florida Properties) MORTGAGE COMPANY Contact the PricingDesk: / PricingDesk@Emigrant.com RATE SHEET # 55 Submit Applications Online: Effective Date: Products & Pricing Second Homes & Investment Properties 2/1 Treasury ARM 5/1 Treasury ARM 7/1 Treasury ARM ARM Parameters Index - 1 YR T-Bill: 1.00% Primary Residences & 2nd Homes - Floor (All Products) = the Start Rate. Product Caps Margin RATE 60 Day APR RATE 60 Day APR RATE 60 Day APR 2/1 ARM 2 / % above Start Rate % 5.125% % % 5/1 ARM 2 / % above Start Rate 4.250% 4.25% 5.000% 5.00% 6.250% 6.25% 7/1 ARM 5 / 2 / 5 2. Higher of Start or Fully Indexed Rate % % % 6.125% 6.17% Investment - Floor (All Products) = the Start Rate % 4.06% 4.750% 4.84% 6.000% 6.09% Product Caps Margin % 3.97% 4.625% 4.76% % 2/1 ARM 2 / % 3.87% 4.500% 2.000% 4.67% 5.750% 2.000% 5.94% 5/1 ARM 5 / 2 / /1 ARM 5 / 2 / 5 2. The for Portfolio, Investment ARM Products is the Higher of the Start Rate of the Fully Indexed Rate Maximum LTVs Purchase Transactions Refinance Transactions Loan Amt>> 0-$1mm >$1mm-$3mm >$3mm - $5mm >$5mm Cash Out Amount>> $0-$100k >$100k-$500k >$500k 2nd Home 55% 50% 2nd Home 50% 40% Case - By - Case Investment 50% Investment 40% Additional Product & Pricing Requirements ** See Cash Out Pricing Adjustments Listed Below. Pricing Adjustments are cumulative and apply to all Transactions which meet the stated critera. Investment Properties Foreign National/NPRA (2nd Homes) Investment Properties (1-4 F, Condos) Foreign National / NPRA (No / Insufficient Credit) Miscellaneous Foreign National / NPRA (With US Credit) Corp Title, LLC or Partnership Foreign National/NPRA (Investment Props) Cash Out Adjustment** Foreign National / NPRA (No / Insufficient Credit) >$100k - $500k Cash Out Foreign National / NPRA (With US Credit) >$500k Cash Out Lock Period Adjs: 15 Days : -.25% to Points 30 Days: -.125% to Points 90 Days: +.125% to Rate Investment Properties - Addl Pricing Applies - See Above. A Prepayment Penalty will be required on All Investment Properties, where Permitted. Florida Properties - Eligible Property Types: Single Family, Condos & Townhouses. See Source Book For Additional Guidelines.