From: Jeffrey Epstein <jecvacation®gmail.com>

From: Jeffrey Epstein <jecvacation®gmail.com> To: "Barrett, Paul S"<I IIIMII=> Subject: Re: WFMBS 04-EE B1 ® 570-00 (8.96% yield / 5.79 dum) Date: Thu, 19 Apr 2012 14:36:11 +0000 ok On Thu, Apr 19, 2012 at 8:21 AM. Barrett. Paul S wrote: We shedd spend $1MM on this bond. Let me know. Paul WFMBS 00-CE 81 is a Prime 5/1 subordinate bond backed by 97month seasoned 5/1 hybrids flatilIGHT‘ 736 FICO %PI Updated LTV a 55.99% 90% of the borrowers have not missed a payment in the past 2 years 87% of the borrowers have not mined a payment sinceprigination 90% owner occupied 97 months seasoned WFMBS 2004.EE B1 Offered @ 70.00 BOND DESCRIPTION Cusip 949779AD4 Orginal Face 18.939.000 Current Face: 10.798.157 Bend Type: Prime 511 SSNR sub Ratings (S8P/Moodys1Filch): B•111R/- Currere Coupon: 2.720% Yield @ Base Case 8964% WAL @Base Case 8.43 Raided Medea @ Base Case May2 b OtM4 Wriledorm % 10.23% Prepay Rale 8 CPR 12 CPR 14 CPR Default Rale 1,5 CDR 1.25 CDR 1 CDR Default Severity 40 35 35 Priced:57040 Yield Spread Dundee VIAL Panelled Window Principal YYriledown Current Creed Enhance-rent. 225% Total Cells Loss 60. Delinquencies 4.71 Total Liquidabon 60. Delinquency Coverage 0.46x Stress Case 4.783 287 7.47 9.88 UNDERLYING COLLATERAL DESCRIPTION Average Loan Balance (5.000s) 395 Mortgage Type Seasoned Prime 91 hybrid WM Avg Mortgage Careen 2 975% W10 Avg FICO Score 736 VFW Avg Orig Loan.loMalue 55.90% %PI Adj LTV 55.99% Weighted Mg Loan Age 97 Owner oceurieis 9387 Top 1 Geo Concertaten CA 53% Top 2 GeoiConcertaton IL 5% Top 3 Geo Concenbaten FL 5% Always Currenl (24 mos) 90,11% May12 to Oct34 42.48% 1.11% 10.09% 1 MOS 7.29 0.00 NA Base Case 8.984 708 5.79 8.43 May12 to 00130 10.23% 0.75% 8.78% 3 MOS 11.08 0.00 NA Recovery Case 11 MO 1034 3.94 5.75 May12 to 0c130 2.87% 0.58% 4.93% 6 MOS 12.11 0.52 54.45 CPR CDR 5EV •MI Ineketeaue an subject um silt, bubbling padible look of Hexer/I. • linesman eckwe noy me be watt (null ewe Non. • ILie mwapeie a reduce of cults wed Mbar abl he out a month rebore • NuceArawy bunk ecure Mat Marl licrieliey cud chalk diode, bwileiff dare crud:ay suttee kw onnkotiolmAol tab fl new Mouth any class of urtelicres mw re remote likqInki,. II mare Ike.) due <lure • Ilegh Vide' Nevares, Wadare ....altiVe ems se. canna pal:basis In bre bison rick of de (auk nano artist oriel crab evert are MN Veld< be, hWi nit evromenh •"..U.L °MRS ARE SUBJECT urioehaeamimcN peer& of illiquidir al day dew me elk Mum. Illewsthey 00410. 'WI Odle may oar be my rubbers few you dad of US Onshore Clients- Blue Sky (U.S. State Securities Low): Please confirm Sloe My elptbIllty before soliciting to a US Onshore client by entering the CUSP Into the web tool located at: hettliosseel.amer.ipmehase. net 6030/BlueStyPage.neng and review to see if your client's state of residence Is listed. If you receive IVO SECURITY FOUND; WO STATES FOUND' or the secunty DOES NOS NAVE A CUSIP or is not usa denominated, then please contact your SM or local compliance officer and provide the requested security and client informotion. Please note that a suitability review and other pre.trode procedures must UM be followed. EFTA00933543 This email is confidential and subject to important disclaimers and conditions includin on offers for the .urchase or sale of securities, accuracy and completeness of information. viruses. confidentiality, legal privilege, and legal entity disclaimers, available at The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacationg≥gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00933544