OFG Bancorp – Credit Agreements Watch

from 10-Q 6 pages Bayview Loan Servicing, LLC (“Bayview”) Is in Receipt of the Letters Dated January 29, 2013 and February 22, 2013 From Oriental Bank and Trust (“Oriental”) Regarding the Termination of the Omnibus Asset Servicing Agreement, Including the Appendix to Omnibus Servicing Agreement for Single Family, Multifamily and Commercial Mortgage Loans (“Mortgage Appendix”) and Appendix to Omnibus Servicing Agreement for Commercial Construction Loans (“Construction Appendix”), Each Dated June 9, 2010, as Amended by the Amendment to Asset Servicing Agreement Dated as of January 18, 2011 (Collectively the “Agreement”). Capitalized Terms Used and Not Otherwise Defined Herein Have the Meanings Provided in the Agreement. This Letter (“Letter Agreement”) Is Intended to Document the Mutual Agreements of Oriental and Bayview Regarding Certain Matters Related to the Termination of the Agreement and Transfer of Servicing of the Assets. Specifically, Oriental and Bayview Agree

from 8-K 65 pages Omnibus Asset Servicing Agreement Between Oriental Bank and Trust as the Owner and Bayview Loan Servicing, LLC as the Servicer Dated as of June 9, 2010