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~ . ~ ~....... 200900171 When recorded. return to: EMC Mortgage Corporation 2780 Lake Vista Drive Attn: Collateral Management Department Lewlsville, TX 75067 Prepared by: Deutsche Bank National Trust Company 1762 St. Andrews Place Santa Ana, CA 92705 LIMITED POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that Deutsche Bank National Trust Company as Trustee (the "Trustee") organized and existing under the laws of the United States, and having its principal place of business located at 1761 East St. Andrew Place, Santa Ana, California 92705 pursuant to that New Century Home Equity Loan Trust, Series 2003-B Asset Backed Pass-Through Certificates Series 2003-B dated November 1, 2003, by and between EMC Mortgage Corporation C'the Master Servicer'') having an address at 2780 Lake Vista Drive, Lewisville, TX 75067, and the Trustee, hereby constitutes and appoints the Servicer, by and through the Servicer's officers, the Trustee's true and lawful Attorney-in-Fact, in the Trustee's name, place and stead and for the Trustee's benefit, in connection with all mortgage loans serviced by the Servicer pursuant to the Agreement solely for the purpose of performing such acts and end executing documents in the name of the Trustee necessary and appropriate to effectuate the following enumerated transactions in the respect of any of the mortgages or deeds of trust (the "Mortgages" and the "Deeds of Trust" respectively) and promissory notes secured thereby C'the Mortgage Notes'') for which the undersigned is acting as Trustee for various certificateholders (whether the undersigned is named therein as mortgagee or beneficiary or has become mortgagee by virtue of endorsement of the Mortgage Note secured by any such Mortgage or Deed of Trust) and for which EMC Mortgage Corporation is acting as the Servicer. This appointment shall apply only to the following enumerated transactions and nothing herein shall be construed to the contrary: 1. The modification or re-recording of a Mortgage or Deed of Trust, where said modification or re- recording is solely for the purpose of correcting the Mortgage or Deed of Trust to conform same to the original intent of the parties thereto or to correct title errors discovered after such title insurance was issued; provided that (i) said modification or re-recording, in either instance, does not adversely affect the lien of the Mortgage or Deed of Trust as insured and (ii) otherwise conforms to the provisions of the Agreement. 2. The subordination of the lien of a Mortgage or Deed of Trust to an easement in favor of a public utility company of a government agency or unit with powers of eminent domain; this section shall include, without limitation, the execution of partial satisfactions/releases, partial reconveyances or the execution or requests to trustees to accomplish same. 3. The conveyance of the properties to the mortgage Insurer, or the closing of the title to the property to be acquired as real estate owned, or conveyance of title to real estate owned. 4. The completion of loan assumption agreements. 5. The full satisfaction/release of a Mortgage or Deed of Trust or full conveyance upon payment and discharge of all sums secured thereby, including, without limitation, cancellation of the related Mortgage Note. 6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note, in connection with the repurchase of the mortgage loan secured and evidenced thereby. 7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge of all sums secured thereby in conjunction with the refinancing thereof, including, without limitation, the assignment of the related Mortgage Note. 8. With respect to a Mortgage or Deed of Trust, the foreclosure, the taking of a deed in lieu of foreclosure, or the completion of judicial or non-judicial foreclosure or termination, cancellation or rescission of any such foreclosure, Including, without limitation, any and all of the following acts: a. the substitution of trustee(s) serving under a Deed of Trust, in accordance with state law and the Deed of Trust; J:\Legal\KOmNGER\POAs\DEllTSCHE BANK\New Century 2003-8 Jnv 590 COND/HELTl