THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

ECC Capital Corporation (ECR)

4/24/2006 Proxy Information

Mr. Holder, the CompanyŐs Chairman of the Board and Co-Chief Executive Officer, is a principal owner of an affiliate of Sprint Funding Corporation, a retail mortgage lender (ŇSprintÓ). During 2005, Sprint subleased facilities from the Company. Sprint paid the Company approximately $108,000, $102,000 and $112,000 for office space that was co-leased during the years ended December 31, 2005, 2004 and 2003, respectively. The Company also received approximately $41,000 and $101,000 for accounting and information technology services that were provided to Sprint during the years ended December 31, 2004 and 2003, respectively. In addition, the Company paid approximately $525,000 and $1,180,000 in fees related to the purchase of loans from Sprint during the years ended December 31, 2004 and 2003, respectively. The Company did not provide any services to Sprint or purchase any loans from them during 2005.

Mr. HolderŐs spouse had been employed by the Company as an account executive since April 2002. She was paid approximately $712,800 in 2003, $475,200 in 2004 and $271,000 in 2005 in total compensation pursuant to the CompanyŐs stated compensation structure for account executives. Mr. HolderŐs wife resigned as an account executive with the Company effective June 1, 2005.

Mr. AsgharŐs spouse has been employed by the Company as an account executive since May 2002. She was paid approximately $2.8 million in 2003, $2.9 million in 2004 and $2.3 million in 2005 in total compensation pursuant to the CompanyŐs stated compensation structure for account executives.