AMENDMENT NUMBER TWO TO
AMENDED AND RESTATED NOTE PURCHASE AGREEMENT
This Amendment Number Two (this “ Amendment ”), dated as of October 1, 2007, amends the Amended
and Restated Note Purchase Agreement, dated as of April 16, 2004 (the “ Agreement ”), among Option One
Owner Trust 2001-1A, a Delaware statutory trust (the “ Company ”), Greenwich Capital Financial Products,
Inc. a Delaware corporation (the “ Purchaser ”) and Option One Loan Warehouse LLC (formerly known as
Option One Loan Warehouse Corporation), a California corporation (the “ Depositor ”).
WHEREAS, the parties hereto have entered into the Agreement;
WHEREAS, the parties hereto now wish to amend certain provisions in the Agreement pursuant to
Section 10.01 of the Agreement;
NOW, THEREFORE, in consideration of the promises and mutual agreements contained herein, the
parties hereto agree to amend the Agreement pursuant to Section 10.01 of the Agreement and restate certain
provisions thereof as follows:
SECTION 1. Defined Terms . Unless defined in this Amendment, capitalized terms used in this
Amendment (including the preamble) shall have the meaning given such terms in the Agreement.
SECTION 2. Amendment . Effective as of October 1, 2007, the following amendments shall be in full
force and effect.
(i) Section 1.01 of the Agreement is hereby amended by deleting the definition of “Maximum Note Principal
Balance” in its entirety and replacing it with the following:
“ Maximum Note Principal Balance ” means an amount equal to $750,000,000, less the aggregate
amount outstanding from time to time under any secured loan or repurchase facility entered into by
Greenwich, or its Affiliates, and Option One Mortgage Corporation, or its Subsidiaries, including without
limitation the Servicing Advance Facility.
(ii) Section 3.02 of the Agreement is hereby amended by adding the following new subparagraph (e) to such