Stewart not indented, Pppers entries are indented interesting information about home loans and wanted to clear

up some queires I have which havent been mentioned in any loan agreement who actuall neder is epper finance corpoaration yes we them - we trade as pepper home loans or pepper ptyltd it says that you are guys mortgage managers yes and th lender we are both - we are not underneath ayone ekse we are the lender and the buck stops with us i am confused because on the document it says that the lender is pepper finance corporation, but the pepepr home loans ie a different comapny is a mortgage manager and become a servicer of the loan yes it is a more technical pepper group with tdifferent divisions pepper finance - gives the funds out and the home loans manages the mortgages the quetion is - if the lender is Peper finance corpration - should i be speaking to to someone that is attached to the ompnay or you can answer my quetions no we are on goourp and the face of pepper so I can talk on behalf ogf pepper group so it i confusing me since we have 3 differnt abn;s of 3 companies but the lender is Pepper finance but tthe financier is ab and !ommonwealth bansk since we are not bank and we havve no acces to our finds so we have to borrow that money that is not your concern yeah but this is some other questoins that i need to get into since ii have become aware of loan agrrements, promissory notes and secritiisation of mortgages and did our loan agreement constituted a promissory note a promissory note - i have noidea but can i talk to someone that would know about promissory notes and securitisation process that pepper does with mortgages I can get some but can you tell me why you want ot know of it" well first I want to know if it was not us that finance the loan on the bakc of the out promissory note and secondly if pepper home loans sold our not and mortgae during securitisation process as part of one of thier funds that they old to investors and bsaically our loan was paid off they got money for that and our peomissory note which ws our secuirty, in e#chnage, was actually sold onto$ from my perspective, youre anot being told everything and ppper does securities and basically they are selling mortgages ot investors so basicall the note attachd to the mortgage, ie our promisory note, that we as alleged borrowers have signed, which is our security$ again, i want ot clear this up, if our secuirty in the whole transction is not our house, but it is our promissory note and tthe funds were created on back of this not so arent we the actual creators and financiers of the loan which then we kind are being lent and owed money to, then in which case if that security had been sold as a part of %&S - it is selling our property since

we are the maker of that note '()* well nooby had asked me that question before but you are aware that pepper offers %&S no i was not aware of this and how that is tied up with your mortgage, not being a bank how we obtain funds can you put me on someone that may know more$ &ut i alos suggest you research on internet %S& if you have a mortgage %ichael +()) %ichael linton speaking, can i help you %icahel you are one of the managers, are you" I am in the collection department questions regarding my home loans$ If our loan agreement consituted a promisory note" It is a loan agreement not a promissory note , -./ 0 1 PS.!I2I! 3.4IS305I6 $ a /6%ISS6/1 65. IS 0 P/6%ISS. 56 P01, like in a business transaction, if you want e#trapolate to loan contract when you promise to pay somone a certain amount - per month it may looks but from purely commercial loaning perspective I would not classiified it a promise to pay but you are not 7))8 sure though" if promise to pay under loan contract you do have obligation as a promise to pay$ If you talk in a commercial sense of the world, where you have bank gurantees, bills of credtit, bills of lading, where there is a promise to paying relation to those type of tranascations it is no that since they ususally paymonet on site letters of demand where individual receives a it in terms of contract and they pay on site how is it that %&S has a mortgage with a note atached which then sold as part of trunche to investors$ so 9as our loan been securitised" ot at the moment, is it going tobe securitised" I do not know, but I cannot tell if when and if it is going to be securitised it could be in the warehouse for a few years so the process of that loan to become a security - is ortgafge plus a note" well