089230891 MFR 2221 VILI.AGE COURT. BELMONT CA 94002 6/15/1315 51.470.000.00 S 2.100.000.00 2/12/1305 rely Kwan/ Louis Dalai° 37 00050802242 HELOC 2ND T/D: 30 SANTA FELICIA COURT. HILLSBOROUGH CA 94010 9/1012027 5663.577.23 S 3500.000.00 12/21/1106 Fely Kwan/ Louis DeSieno 38 0000007161

ELOCs). Increasingly, mortgages are being combined with HELOCs, to the point where about 40 per cent of all housing-backed loans are blended with a HELOC component." There are then very good reasons, why the BOC has tapped its foot on the brake, but will approach tightening much more gingerly than the

ris Loan SK FAMILY OFFICE RELATIONSHIP SK Family Office 3/31/2016 75 U.S. Structu red Lending (Secured) 5000000 BPS 200 100000 Paul Morris HELOC SK FAMILY OFFICE RELATIONSHIP SK Family Office 3/31/2016 25 Standard Mor tgage - Floating Arm 15000000 BPS 100 150000 Paul Morris Introduc

age was satisfied and was more likely not to be paid in full if the value of the home dropped. By the end of 2006, EMC had purchased $1.2 billion of HELOC and $6.7 billion of second-lien loans. Once these loans were purchased, they would go directly into the securitization process. 62. Finally, thro