New York, December 22, 2014 -- Moody's Investors Service has determined that the entry by Fairway Loan Funding Company (the "Issuer") into a supplement to the Indenture, dated as of July 18, 2006 among Fairway Loan Funding Company, Fairway Loan Funding (Delaware) Corp., as Co-Issuer and JPMorgan Chase Bank, National Association as Trustee dated as of December 22, 2014 (the " Supplemental Indenture No. 1") and performance of the activities contemplated therein will not in and of themselves and at this time result in the withdrawal, reduction or suspension with respect to any current rating (including any private or confidential rating) by Moody's of any Class of Notes issued by the Issuer. Moody's does not express an opinion as to whether the Supplemental Indenture No. 1 could have non-credit-related effects.

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