ach ILP asking for exclusivity for 60 days, in order for us to do due diligence at CHL and re-underwrite at least 1,000 loans. • Our strategy with IL&P is to convince them to let us do the above DD and to test our funding ideas, as if it works it will be highly beneficial to them • No doubt Citigr

ch potential funders and get a good market read if the above is achievable EFTA00657018 • If it is, further discussion how to work together with IL&P until full placing of $4.3b can be achieved. What is needed now • We need representations of equity that would be interested if financing can be