OFFERING ANNOUNCEMENT

Sale of Mortgage Loan Servicing Related to Approximately $23,000,000,000 of Mortgage Loans

On behalf of the FDIC in its capacity as Receiver for AmTrust Bank, Milestone Advisors, LLC is pleased to announce the sale of Mortgage Servicing Rights (MSRs) related to approximately $23 billion of residential mortgage loans, pursuant to which the Receiver and its designees are currently providing mortgage servicing. The MSRs are related to loans either sold to Fannie Mae and Freddie Mac or pooled into Agency mortgage-backed securities that were primarily originated in and after 2008. The loans are secured by residential properties of which 64% are single family properties. The remaining 34% are a combination of condos, townhomes, and PUDs. Of the total portfolio, 90% are owner-occupied, with the remaining 10% being investment properties or second homes. As of December 31, 2009, the average principal loan amount was $227,831 with a weighted average note rate of 5.13%. Total delinquencies in the portfolio were 3.29%. The net service fee on the portfolio was 25.6 basis points. The FDIC anticipates accepting bids on the entire portfolio, block combinations, or single blocks. Block descriptions are as follows:

Investor Blocks: