-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Wbij+om3y4+6rtyFF7sCk8GiLgzwQ2LB515y2GtmeldGu/y68KyupWkIy2m/BzDK /3hLtcCDA3lulReZ8f35cA== 0000914121-05-001979.txt : 20051024 0000914121-05-001979.hdr.sgml : 20051024 20051024141520 ACCESSION NUMBER: 0000914121-05-001979 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051021 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051024 DATE AS OF CHANGE: 20051024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WELLS FARGO ASSET SECURITIES CORP CENTRAL INDEX KEY: 0001011663 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 521972128 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-02209 FILM NUMBER: 051151660 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 FORMER COMPANY: FORMER CONFORMED NAME: NORWEST ASSET SECURITIES CORP DATE OF NAME CHANGE: 19960717 8-K 1 we864346-8k.txt CURRENT REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 21, 2005 (Date of earliest event reported) Wells Fargo Asset Securities Corporation - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 333-109423 52-1972128 - -------------------------------------------------------------------------------- (State or other jurisdiction (Commission File No.) (IRS Employer of incorporation) Identification No.) 7430 New Technology Way, Frederick, Maryland 21703 - -------------------------------------------------------------------------------- Address of principal executive offices (Zip Code) Registrant's Telephone Number, including area code (301) 846-8881 ---------------------------- - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ITEM 8.01. Other Events ------------ Attached as an exhibit are the Collateral Term Sheets (as defined in the no-action letter dated February 17, 1995 issued by the Securities and Exchange Commission to the Public Securities Association), Computational Materials and Structural Terms Sheets (both as defined in the no-action letter dated May 21, 1994 issued by the Securities and Exchange Commission to Kidder, Peabody Acceptance Corporation I, Kidder, Peabody & Co. Incorporated and Kidder Structured Asset Corporation) prepared by Goldman, Sachs & Co. which are hereby filed pursuant to such letters. ITEM 9.01 Financial Statements and Exhibits --------------------------------- (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description - ----------- ----------- (99) Collateral Term Sheets, Computational Materials and Structural Term Sheets prepared by Goldman, Sachs & Co. in connection with Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through Certificates, Series 2005-2 Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO ASSET SECURITIES CORPORATION October 21, 2005 By: /s/ Bradley A. Davis -------------------------------------- Bradley A. Davis Vice President INDEX TO EXHIBITS Paper (P) or Exhibit No. Description Electronic (E) - ----------- ----------- -------------- (99) Collateral Term Sheets, E Computational Materials and Structural Term Sheets prepared by Goldman, Sachs & Co. in connection with Wells Fargo Asset Securities Corporation, Mortgage Asset-Backed Pass-Through Certificates, Series 2005-2 EX-99 2 we864346-ex99.txt COLLATERAL TERM SHEET, CM & STS EXHIBIT 99 All information in this Term Sheet, whether regarding assets backing any securities discussed herein or otherwise, will be superseded by the information contained in the final Prospectus. Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- $338,744,000 (Approximate) Wells Fargo Alternative Loan Trust 2005-2 Wells Fargo Asset Securities Corporation, Seller Goldman, Sachs & Co., Underwriter Mortgage Asset-Backed Pass-Through Certificates, Series 2005-2 Overview of the Offered Certificates - ------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------- Expected Credit Estimated S&P /Moody's Approximate Certificate Support Initial Pass- Avg. Life Principal Payment Expected Certificates Principal Balance(1) Type (2) Through Rate (3) (yrs) (4) Window (4) (5) Ratings - ------------------------------------------------------------------------------------------------------------------------------- A-1 $215,553,000 Sr 12.00% LIBOR + [ ]% 1.00 11/05 - 01/08 AAA/Aaa A-2 $59,978,000 Sr 12.00% LIBOR + [ ]% 3.00 01/08 - 12/09 AAA/Aaa A-3 $63,213,000 Sr 12.00% LIBOR + [ ]% 5.63 12/09 - 01/12 AAA/Aaa - ------------------------------------------------------------------------------------------------------------------------------- TOTAL $338,744,000 - -------------------------------------------------------------------------------------------------------------------------------
Overview of the Non-offered Certificates - ---------------------------------------- - ------------------------------------------------------------------------------------------------------------------------------- M-1 $17,322,000 Sub 7.50% LIBOR + [ ]% N/A N/A N/A M-2 $9,623,000 Sub 5.00% LIBOR + [ ]% N/A N/A N/A M-3 $3,464,000 Sub 4.10% LIBOR + [ ]% N/A N/A N/A M-4 $6,158,000 Sub 2.50% LIBOR + [ ]% N/A N/A N/A M-5 $2,502,000 Sub 1.85% LIBOR + [ ]% N/A N/A N/A B-1 $1,924,000 Sub 1.35% LIBOR + [ ]% N/A N/A N/A B-2 $1,924,000 Sub 0.85% LIBOR + [ ]% N/A N/A N/A B-3 $1,924,000 Sub 0.35% [ ]% N/A N/A N/A - ------------------------------------------------------------------------------------------------------------------------------- TOTAL $44,841,000 - -------------------------------------------------------------------------------------------------------------------------------
(1) The initial aggregate principal balance of the Principal Certificates will be subject to an upward or downward variance of no more than approximately 5%. The principal balances of the Principal Certificates are calculated using the scheduled principal balances of the Mortgage Loans as of the Cut-Off Date. (2) On the closing date, the expected overcollateralization will be an amount equal to approximately 0.35% of the scheduled principal balances of the Mortgage Loans as of the Cut-Off Date. (3) See the "Structure of the Certificates" section of this Term Sheet for more information on the Pass-Through-Rates of the Offered Certificates. (4) Assuming payment based on the pricing speeds outlined in "Key Terms - Pricing Prepayment Assumption" and to a 10% Optional Clean-up Call on all certificates. (5) The final scheduled distribution date for the certificates is the Distribution Date in October 2035. Selected Mortgage Pool Data (1) - -------------------------------
- ------------------------------------------------------------------------------------------------------------ Aggregate - ------------------------------------------------------------------------------------------------------------ Scheduled Principal Balance: $385,306,521 Number of Mortgage Loans: 1,798 Average Scheduled Principal Balance: $214,297 Interest Only Loans: 0.00% Weighted Average Gross Coupon: 6.944% Weighted Average Net Coupon(2): 6.569% Weighted Average FICO Score: 689 Weighted Average Original LTV Ratio: 85.84% Weighted Average Stated Remaining Term (months): 358 Weighted Average Seasoning (months): 2 Weighted Average Months to Roll: 24 Weighted Average Gross Margin: 3.208% Weighted Average Initial Rate Cap: 3.000% Weighted Average Periodic Rate Cap: 1.000% Weighted Average Gross Maximum Lifetime Rate: 12.941% - ------------------------------------------------------------------------------------------------------------
(1) All percentages calculated herein are percentages of scheduled principal balance unless otherwise noted as of the Cut-Off Date. (2) The Weighted Average Net Coupon is equivalent to the Weighted Average Gross Coupon less the Servicing Fee. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 1 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Features of the Transaction o The mortgage loans in the transaction consist of Alt-A type, adjustable rate, first lien residential mortgage loans (the "Mortgage Loans") originated or acquired by Wells Fargo Bank, N.A. ("Wells Fargo"). o The Mortgage Loans will be serviced by the Wells Fargo Home Mortgage division of Wells Fargo Bank, N.A. o Credit support for the certificates will be provided through a senior/subordinate structure, upfront fully funded overcollateralization of approximately 0.35% (subject to stepdown as described herein) excess spread and mortgage insurance. o None of the Mortgage Loans are classified as (a) "high cost" loans under the Home Ownership and Equity Protection Act of 1994, as amended or (b) "high cost" loans under any other applicable state, federal or local law. o None of the Mortgage Loans secured by a property in the state of Georgia were originated between October 1, 2002 and March 7, 2003. o The transaction will be modeled on INTEX as GSWFALT20052 and on Bloomberg as WFALT 2005-2. o This transaction will contain a one-month LIBOR yield maintenance agreement (the "Class A Yield Maintenance Agreement") available to pay Cap Carryover Amounts on all Offered Certificates in the manner described herein. The Class A Yield Maintenance Agreement will have an initial notional amount of approximately $338,744,000 a term of 33 months beginning on the first Distribution Date, and the trust fund will receive a payment under the Class A Yield Maintenance Agreement with respect to any Distribution Date on which one-month LIBOR exceeds the applicable lower strike rate with respect to such Distribution Date with an upper strike rate of 9.80856%. (See Appendix A for the Class A Yield Maintenance Agreement details). o The Offered Certificates will be registered under a registration statement filed with the Securities and Exchange Commission. Time Table - ---------- Expected Closing Date: October 28, 2005 Cut-Off Date: October 1, 2005 Expected Pricing Date: On or before October 21, 2005 First Distribution Date: November 25, 2005 Key Terms - --------- Offered Certificates: Class A-1, Class A-2 and Class A-3 Certificates (or "Class A Certificates") Non-Offered Certificates: Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class B-1, Class B-2, Class B-3, Class CE, Class P and Class R Certificates LIBOR Certificates: Class A, Class M, Class B-1 and Class B-2 Certificates Principal Certificates: Class A, Class M and Class B Certificates Class M Certificates: Class M-1, Class M-2, Class M-3, Class M-4 and Class M-5 Certificates Class B Certificates: Class B-1, Class B-2 and Class B-3 Certificates Class R Certificates: Class R-1 and Class R-2 Certificates. The Class R Certificates are not being offered hereby. Subordinated Certificates: Class M, Class B and Class CE Certificates Seller: Wells Fargo Asset Securities Corporation Underwriter: Goldman, Sachs & Co. Servicer: Wells Fargo Bank, N.A. Master Servicer: Wells Fargo Bank, N.A. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 2 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Trustee: Wachovia Bank, National Association Custodian: Wells Fargo Bank, N.A. Cap Provider: Goldman Sachs Capital Markets L.P., as the cap provider. The short term unsecured debt obligations of the guarantor of the cap provider, The Goldman Sachs Group, Inc., are rated "P-1" by Moody's, "A-1" by S&P, and "F1+" by Fitch. The long term unsecured debt obligations of the guarantor of the cap provider are rated "Aa3" by Moody's, "A+" by S&P, and "AA-" by Fitch. Class A Yield Maintenance Agreement: This transaction will have a one-month LIBOR yield maintenance agreement available to pay Cap Carryover Amounts on the Offered Certificates. The Class A Yield Maintenance Agreement will have an initial notional amount of $338,744,000, for a term of 33 months beginning on the first Distribution Date. Servicing Fee Rate: 37.5 bps Expense Fee Rate: The Servicing Fee Rate Distribution Date: 25th day of the month or the next Business Day Record Date: For any Distribution Date and the Offered Certificates the last Business Day immediately preceding such Distribution Date. Delay Days: 24 day delay on the Class B-3 Certificates Day Count: 0 day delay on the Offered Certificates and all Non-Offered Certificates except for the Class B-3 Certificates Actual/360 basis for the LIBOR Certificates and 30/360 basis for the Class B-3 Certificates. Prepayment Period: The calendar month prior to the Distribution Date Collection Period: The period commencing on the second day of the calendar month preceding the month in which the Distribution Date occurs and ending on the first day of the calendar month in which Distribution Date occurs. Interest Accrual Period: For the LIBOR Certificates, from and including the prior Distribution Date or for the first Distribution Date, from the Closing Date, through and including the day prior to the current Distribution Date. For the Class B-3 Certificates, the calendar month immediately preceding the then current Distribution Date. Pricing Prepayment Assumption: 30% CPR The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 3 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Excess Spread: The interest payable on the mortgage loans due to the initial weighted average net mortgage interest rate of the mortgage pool will be greater than the interest payments required on the Principal Certificates, resulting in excess cash flow calculated in the following manner based on the collateral as of the Cut-Off Date: Initial Gross WAC of the Mortgage Loans (1): 6.9436% Less Fees & Expenses (2): 0.3750% ------------------ Net WAC (1): 6.5686% Less Initial Principal Certificate Coupon (Approx.)(1)(3): 4.2053% ------------------ Initial Excess Spread (1): 2.3633% (1) This amount will vary on each distribution date based on changes to the weighted average interest rate on the Mortgage Loans as well as any changes in day count. (2) Includes the Servicing Fee. (3) Assumes 1-month LIBOR equal to 3.9800%, initial marketing spreads and a 30-day month. This amount will vary on each distribution date based on changes to the weighted average Pass-Through Rates on the Principal Certificates as well as any changes in day count.
Servicer Advancing: The Servicer will advance delinquent payments of scheduled principal and interest, subject to recoverability. Compensating Interest: The Master Servicer will be obligated, on or before each Distribution Date, to pay to the Trustee for the benefit of Certificateholders an amount (such amount, "Compensating Interest") equal to the lesser of (i) the aggregate prepayment interest shortfall attributable to prepayments in full with respect to such Distribution Date and (ii) the lesser of (x) the product of (A) 1/12th of 0.20% and (B) the aggregate principal balance of the Mortgage Loans for such Distribution Date and (y) the available Master Servicer compensation for such Distribution Date, as described in the prospectus supplement. Optional Clean-up Call: The transaction has a 10% optional clean-up call. Rating Agencies: Standard & Poor's Ratings Services, a division of The McGraw-Hill Companies, Inc., and Moody's Investors Service, Inc. Minimum Denomination: $100,000 with regard to each of the Offered Certificates. Legal Investment: It is anticipated that Class A-1, Class A-2 and Class A-3 Certificates will be SMMEA eligible. ERISA Eligible: Underwriter's exemption is expected to apply to the Offered Certificates. However, prospective purchasers should consult their own counsel. Tax Treatment: All Principal Certificates represent REMIC regular interests subject to certain rights and obligations to receive amounts in respect of the Cap Carryover Amounts; the trustee will treat the rights and obligations to receive amounts in respect of the Cap Carryover Amounts as rights under a notional principal contract. The Class R-1 and Class R-2 Certificates each represent the residual interest in a REMIC. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 4 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Prospectus: The Offered Certificates will be offered pursuant to a prospectus supplemented by a prospectus supplement (together, the "Prospectus"). Complete information with respect to the Offered Certificates and the collateral in which they evidence a beneficial ownership interest will be contained in the Prospectus. The information herein is qualified in its entirety by the information appearing in the Prospectus. To the extent that the information herein is inconsistent with the Prospectus, the Prospectus shall govern in all respects. Sales of the Offered Certificates may not be consummated unless the purchaser has received the Prospectus. PLEASE SEE "RISK FACTORS" IN THE PROSPECTUS FOR A DESCRIPTION OF INFORMATION THAT SHOULD BE CONSIDERED IN CONNECTION WITH AN INVESTMENT IN THE OFFERED CERTIFICATES. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 5 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Structure of the Certificates - ----------------------------- Description of Principal and Interest Distributions Principal will be paid as described under the heading "Principal Distributions". Prior to the Step-Down Date or when a Trigger Event is in effect, all principal collected or advanced on the Mortgage Loans will be paid to the Offered Certificates and Non-Offered Certificates as described herein. On or after the Step-Down Date, so long as no Trigger Event is in effect, the Offered Certificates and Non-Offered Certificates will be paid, in order of seniority, principal only to the extent necessary to maintain their credit enhancement target. Excess interest will be available to maintain the overcollateralization target (which is one component of the credit support available to the Certificateholders). Interest will be paid monthly, on all of the LIBOR Certificates, at a rate of one-month LIBOR plus a margin that will step up after the date on which the Optional Clean-up Call is exercisable, subject to the Net WAC Cap. Interest will be paid monthly on the Class B-3 Certificates at a specified rate that will step up after the date on which the Optional Clean-up Call is exercisable, subject to the Net WAC Cap. The interest paid to each class will be reduced by Current Interest Shortfalls allocated to such class to the extent not otherwise covered by the monthly excess interest amount. Any reductions in interest payments due to the Pass-Through-Rate attributable to the Net WAC Cap will be carried forward with interest at the applicable Pass-Through-Rate as described below and will be payable after payment of all required principal payments on such future Distribution Dates. Definitions Credit Enhancement. The Offered Certificates are credit enhanced by (1) the Monthly Excess Interest Amount, (2) 0.35% overcollateralization (fully funded upfront) (after the Step-Down Date, so long as a Trigger Event is not in effect, the Targeted Overcollateralization Amount will equal 0.70% of the aggregate scheduled principal balance of the Mortgage Loans as of the last day of the related Due Period, subject to a floor equal to 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date), and (3) subordination of distributions on the more subordinate classes of certificates to the required distributions on the more senior classes of certificates. Targeted Overcollateralization Amount. As of any Distribution Date (x) prior to the Stepdown Date, approximately 0.35% of the aggregate principal balance as of the Cut-Off Date and (y) on and after the Stepdown Date, (i) if a Trigger Event has not occurred for such Distribution Date, the greater of (a) approximately 0.70% of the aggregate principal balance of the mortgage loans as of the last day of the related Collection Period and (b) 0.35% of the aggregate principal balance of the mortgage loans as of the Cut-Off Date and (ii) if a Trigger Event has occurred for such Distribution Date, the Targeted Overcollateralization Amount for the immediately preceding Distribution Date. Mortgage Insurance. As of the Cut-Off Date, substantially all of the Mortgage Loans with original LTVs greater than 80% are covered by borrower and/or lender paid mortgage insurance. Senior Enhancement Percentage. For any Distribution Date, the percentage obtained by dividing (x) the aggregate principal balance of the Class M and Class B Certificates (including any overcollateralization and prior to taking into account the distributions of the Principal Distribution Amount for such Distribution Date) by (y) the aggregate scheduled principal balance of the Mortgage Loans as of the last day of the related Collection Period. Step-Down Date. The earlier of (A) the Distribution Date following the date on which the aggregate principal balance of the Class A Certificates has been reduced to zero and (B) the later to occur of: (x) the Distribution Date occurring in November 2008; and (y) the first Distribution Date on which the Senior Enhancement Percentage is greater than or equal to 24.00%. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 6 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - --------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------- Class Initial Subordination Percentage Step-Down Date Percentage - ------------------------------------------------------------------------------------------------------------------- A 12.00% 24.00% - ------------------------------------------------------------------------------------------------------------------- M-1 7.50% 15.00% - ------------------------------------------------------------------------------------------------------------------- M-2 5.00% 10.00% - ------------------------------------------------------------------------------------------------------------------- M-3 4.10% 8.20% - ------------------------------------------------------------------------------------------------------------------- M-4 2.50% 5.00% - ------------------------------------------------------------------------------------------------------------------- M-5 1.85% 3.70% - ------------------------------------------------------------------------------------------------------------------- B-1 1.35% 2.70% - ------------------------------------------------------------------------------------------------------------------- B-2 0.85% 1.70% - ------------------------------------------------------------------------------------------------------------------- B-3 0.35% 0.70% - -------------------------------------------------------------------------------------------------------------------
Trigger Event. A Trigger Event is in effect on any Distribution Date if (i) the three-month rolling average of 60+ Day Delinquent Loans equals or exceeds 25% of the Senior Enhancement Percentage or (ii) the aggregate amount of realized losses incurred since the Cut-Off Date through the last day of the related Collection Period divided by the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date (the "Cumulative Realized Loss Percentage") exceeds the amounts set forth below:
- ---------------------------------------------------------------------------------------------------------------- Distribution Date Cumulative Realized Loss Percentage: - ---------------------------------------------------------------------------------------------------------------- November 2007 - October 2008 0.35% for the first month, plus an additional 1/12th of 0.400% for each month thereafter (e.g., approximately 0.383% in December 2007) - ---------------------------------------------------------------------------------------------------------------- November 2008 - October 2009 0.75% for the first month, plus an additional 1/12th of 0.500% for each month thereafter (e.g., approximately 0.792% in December 2008) - ---------------------------------------------------------------------------------------------------------------- November 2009 - October 2010 1.25% for the first month, plus an additional 1/12th of 0.300% for each month thereafter (e.g., approximately 1.275% in December 2009) - ---------------------------------------------------------------------------------------------------------------- November 2010 - October 2011 1.55% for the first month, plus an additional 1/12th of 0.150% for each month thereafter (e.g., approximately 1.563% in December 2010) - ---------------------------------------------------------------------------------------------------------------- November 2011 and thereafter 1.70% - ----------------------------------------------------------------------------------------------------------------
60+ Day Delinquent Loan. A 60+ Day Delinquent Loan is any Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the related mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a monthly payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to REO property. Step-Up Coupons. For all Principal Certificates the coupon will increase after the first distribution date on which the Optional Clean-Up Call is first exercisable, should the call not be exercised. The margin for the Class A Certificates will increase to 2 times the margin at issuance, the margin for the Class M and Class B Certificates other than the Class B-3 Certificates will increase to 1.5 times the margin at issuance, and the Pass-Through Rate on the Class B-3 Certificates will increase by 0.50% per annum. Class A-1 Pass-Through Rate. The Class A-1 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class A-2 Pass-Through Rate. The Class A-2 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class A-3 Pass-Through Rate. The Class A-3 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 7 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Class M-1 Pass-Through Rate. The Class M-1 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class M-2 Pass-Through Rate. The Class M-2 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class M-3 Pass-Through Rate. The Class M-3 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class M-4 Pass-Through Rate. The Class M-4 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class M-5 Pass-Through Rate. The Class M-5 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class B-1 Pass-Through Rate. The Class B-1 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class B-2 Pass-Through Rate. The Class B-2 Certificates will accrue interest at a variable rate equal to the lesser of (i) one-month LIBOR plus [ ]% ([ ]% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Class B-3 Pass-Through Rate. The Class B-3 Certificates will accrue interest at a fixed rate equal to the lesser of (i) [ ]% (increasing by 0.500% after the first distribution date on which the Optional Clean-up Call is exercisable) and (ii) the Net WAC Cap. Net WAC Cap. As to any Distribution Date a per annum rate equal to the weighted average mortgage interest rate of the Mortgage Loans in effect on the beginning of the related Collection Period less the Expense Fee Rate (calculated on an actual/360 day basis with respect to the LIBOR Certificates and on a 30/360 day basis with respect to the Class B-3 Certificates). Cap Carryover Amount. As to any Distribution Date, the Cap Carryover Amount for each of the Class A, Class M and Class B Certificates will equal the sum of (i) the excess, if any, of interest that would otherwise be due on such class of certificates at such certificates' applicable Pass-Through Rate (without regard to the Net WAC Cap) over interest due on such class of certificates at a rate equal to the Net WAC Cap, (ii) any Cap Carryover Amount for such class remaining unpaid for such certificate from prior Distribution Dates, and (iii) interest on the amount in clause (ii) at the certificates' applicable Pass-Through Rate (without regard to the Net WAC Cap). In the event any Class A, Class M or Class B Certificates are no longer outstanding, the applicable Certificateholders will not be entitled to receive Cap Carryover Amounts for that class of certificates. Accrued Certificate Interest. For each class of Principal Certificates on any Distribution Date, the amount of interest accrued during the related Interest Accrual Period on the related principal balance immediately prior to such Distribution Date at the related Pass-Through Rate as reduced by that class's share of the excess of the Current Interest Shortfall for such Distribution Date, if any, over the Monthly Excess Interest Amount for such Distribution Date. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 8 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Current Interest Shortfall. Any shortfalls resulting from the application of the Servicemembers Civil Relief Act or any similar state statutes, prepayment interest shortfalls resulting from prepayments in full, to the extent not covered by Compensating Interest and any prepayment interest shortfalls resulting from partial principal prepayments. Interest Remittance Amount. For any Distribution Date, the portion of funds available for distribution on such Distribution Date attributable to interest received or advanced on the Mortgage Loans less the Expense Fee Rate. Realized Losses. With respect to any defaulted Mortgage Loan that is liquidated, the amount of loss realized equal to the portion of the principal balance remaining unpaid after application of all liquidation proceeds, insurance proceeds and condemnation awards, net of amounts reimbursable to the Servicer for the related advances and the applicable servicing fees in respect of such Mortgage Loan. Interest Distributions on the Principal Certificates. On each Distribution Date, interest distributions from the Interest Remittance Amount will be allocated as follows: a) from the Interest Remittance Amount, pro rata (based on the accrued and unpaid interest distributable to each class of the Class A Certificates), to each class of the Class A Certificates, the related accrued certificate interest and any unpaid accrued certificate interest amount for each class of the Class A Certificates from prior Distribution Dates; b) from any remaining Interest Remittance Amount to the Class M Certificates, sequentially, in ascending numerical order, their Accrued Certificate Interest for such Distribution Date; c) from any remaining Interest Remittance Amount to the Class B Certificates, sequentially, in ascending numerical order, their Accrued Certificate Interest for such Distribution Date; and d) from any remaining Interest Remittance Amount (such amount, the "Monthly Excess Interest Amount"), as a component of Monthly Excess Cashflow Amount. Principal Distributions. On each Distribution Date (a) prior to the Step-Down Date or (b) on which a Trigger Event is in effect, the Principal Distribution Amount will be allocated in the following order of priority: (a) sequentially, to the Class A-1, Class A-2 and Class A-3 Certificates, in that order, the Principal Distribution Amount, until their respective principal balances have been reduced to zero; (b) the portion of the available Principal Distribution Amount remaining after making the distribution described above in paragraph (a) will be distributed in the following order of priority: (i) from any remaining Principal Distribution Amount, to the Class M Certificates, sequentially, in ascending numerical order, until the principal balances thereof have been reduced to zero; and (ii) from any remaining Principal Distribution Amount, to the Class B Certificates, sequentially, in ascending numerical order, until the principal balances thereof have been reduced to zero; (c) from any remaining Principal Distribution Amount, as a component of Monthly Excess Cash Flow Amount. On each Distribution Date (a) on or after the Step-Down Date and (b) on which a Trigger Event is not in effect, the principal distributions from the Principal Distribution Amount will be allocated in the following order of priority: (a) to the Class A Certificates, the lesser of the Principal Distribution Amount and the Class A Principal Distribution Amount, allocated sequentially to the Class A-1, Class A-2 and Class A-3 Certificates, in that order, until their respective principal balances have been reduced to zero; The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 9 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- (b) the portion of the available Principal Distribution Amount remaining after making the distribution described above in paragraph (a) will be distributed sequentially in the following order of priority: (i) sequentially, in ascending numerical order, to each Class M Certificate, the lesser of the remaining Principal Distribution Amount and the Principal Distribution Amount for such class, until the principal balance of such class has been reduced to zero, (ii) sequentially, in ascending numerical order, to each Class B Certificate, the lesser of the remaining Principal Distribution Amount and the Principal Distribution Amount for such class, until the principal balance of such class has been reduced to zero. Notwithstanding the allocation of principal to the Class A Certificates described above, from and after the Distribution Date on which the aggregate principal balances of the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class B-1, Class B-2 and Class B-3 Certificates and the overcollateralization amount have been reduced to zero, any principal distributions allocated to the Class A Certificates are required to be allocated pro rata, based on their respective principal balances. Allocation of Monthly Excess Cashflow Amount. For any Distribution Date, any Monthly Excess Cashflow Amount shall be paid as follows: a) sequentially, in ascending numerical order, to the Class M Certificates, first their remaining unpaid Accrued Certificate Interest, and then their unpaid interest shortfall amount; b) sequentially, in ascending numerical order, to the Class B Certificates, first their remaining unpaid Accrued Certificate Interest, and then their unpaid interest shortfall amount; c) concurrently, any Class A-1 Cap Carryover Amount to the Class A-1 Certificates, any Class A-2 Cap Carryover Amount to the Class A-2 Certificates, any Class A-3 Cap Carryover Amount to the Class A-3 Certificates pro rata based on their respective principal balances; d) sequentially, to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class B-1, Class B-2 and Class B-3 Certificates, any Cap Carryover Amounts for such classes; e) (i) from any available Yield Maintenance Agreement payments, concurrently and pro rata (based on their respective principal balance immediately prior to such distribution date) to the Class A-1, Class A-2 and Class A-3 Certificates up to their respective unpaid Cap Carryover Amount (provided that, if for any distribution date, after the allocation of the remaining unpaid Cap Carryover Amounts to the Class A Certificates, the remaining unpaid Cap Carryover Amount for any of the Class A Certificates is reduced to zero, any amount of remaining unpaid Cap Carryover Amount that would have been allocated to that Class A Certificate for that Distribution Date will instead be allocated, pro rata, based on their respective remaining unpaid Cap Carryover Amounts, to the other Class A Certificates to the extent the other Class A Certificates have any remaining unpaid Cap Carryover Amounts), (ii) from any available Yield Maintenance Agreement payments, sequentially to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class B-1 and Class B-2 Certificates, in each case, up to their respective remaining Cap Carryover Amounts, and (iii) from any remaining Yield Maintenance Agreement payments from the Yield Maintenance Agreement, after the distributions to the certificates in this paragraph, such remaining amount is required to be distributed as set forth in the pooling and servicing agreement. Payments under this clause e) for the Class A Certificates will be made from the Class A Yield Maintenance Agreement. Payments to the other certificates under this clause e) will be made from a separate yield maintenance agreement. f) to the holders of the Class CE certificates, any remaining amounts. Monthly Excess Cashflow Amount. For any Distribution Date, the amount of available funds for such Distribution Date remaining after making all payments of interest and principal to the certificates. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 10 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Allocation of Realized Losses. All Realized Losses on the Mortgage Loans will be allocated sequentially on each Distribution Date in the following order of priority, (a) to the excess cash flow, (b) in reduction of the overcollateralization amount, and (c) sequentially, to the Class B-3, Class B-2, Class B-1, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, in that order. An allocation of any Realized Losses to a Subordinated Certificate (other than the Class CE Certificates) on any Distribution Date will be made by reducing its principal balance, after taking into account all distributions made on such Distribution Date and any increase in principal balance due to a subsequent recovery. Once realized losses are allocated sequentially to the Class B-3, Class B-2, Class B-1, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates, their principal balances will be permanently reduced by the amount so allocated, and no amounts will be distributable with respect to such written down amounts on that Distribution Date or any future Distribution Date. Realized Losses will not be allocated to reduce the principal balance of the Class A Certificates. Principal Distribution Amount. On any Distribution Date, (1) the sum of (a) the Principal Remittance Amount and (b) the Extra Principal Distribution Amount, if any, minus (2) the Overcollateralization Release Amount, if any. Principal Remittance Amount. On any Distribution Date, the sum, less certain reimbursement and indemnification amounts of: a) all scheduled payments of principal due during the related Collection Period and received by the Servicer on or prior to the related determination date or advanced by the Servicer for the related servicer remittance date, b) the principal portion of all partial and full prepayments received during the related prepayment period, c) the principal portion of all net liquidation proceeds, net condemnation proceeds, net insurance proceeds and subsequent recoveries received during the month prior to the month during which such Distribution Date occurs, d) the principal portion of the repurchase price for any repurchase price for any repurchased Mortgage Loans, that were repurchased during the related prepayment period, e) the principal portion of substitution adjustments received in connection with the substitution of a Mortgage Loan during the related prepayment period, and f) the principal portion of the termination price if the Optional Clean-Up Call is exercised. Extra Principal Distribution Amount. For any Distribution Date, the lesser of (a) the Monthly Excess Interest Amount, after reduction for any Current Interest Shortfall and (b) the Overcollateralization Deficiency Amount for such Distribution Date. Overcollateralization Deficiency Amount: For any Distribution Date, the excess, if any, of (x) the Targeted Overcollateralization Amount for such Distribution Date over (y) the actual overcollateralization amount, after giving effect to distributions of the Principal Distribution Amount (other than the Extra Principal Distribution Amount component) on such Distribution Date). Overcollateralization Release Amount. For any Distribution Date on or after the Stepdown Date on which a Trigger Event is not in effect, the lesser of (x) the Principal Remittance Amount and (y) the excess, if any, of (i) the Overcollateralization Amount for such Distribution Date, assuming that 100% of the Principal Remittance Amount is applied as a principal payment on the Certificates on such Distribution Date over (ii) the Targeted Overcollateralization Amount of such Distribution Date. With respect to any Distribution Date on which a Trigger Event is in effect, the Overcollateralization Release Amount will be zero. Class A Principal Distribution Amount. An amount equal to the excess of: (x) the principal balance of the Class A Certificates immediately prior to such Distribution Date, over (y) the lesser of: (A) the product of (i) 76.00% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 11 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the principal balance of the Mortgage Loans as of the Cut-Off Date. Class M-1 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of: (A) the principal balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date) and (B) the principal balance of the Class M-1 Certificates immediately prior to such Distribution Date, over (y) the lesser of: (A) the product of (i) 85.00% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class M-2 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of: (A) the principal balance of the Class A Certificates (after taking into account the payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the principal balance of the Class M-1 Certificates (after taking into account the payment of the Class M-1 Principal Distribution Amount on such Distribution Date), and (C) the principal balance of the Class M-2 Certificates immediately prior to such Distribution Date, over (y) the lesser of: (A) the product of (i) 90.00% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class M-3 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of (A) the principal balance of the Class A Certificates (after taking into account any payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the principal balance of the Class M-1 Certificates (after taking into account any payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the principal balance of the Class M-2 Certificates (after taking into account any payment of the Class M-2 Principal Distribution Amount on such Distribution Date), and (D) the principal balance of the Class M-3 Certificates immediately prior to such Distribution Date, over (y) the lesser of (A) the product of (i) 91.80% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class M-4 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of (A) the principal balance of the Class A Certificates (after taking into account any payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the principal balance of the Class M-1 Certificates (after taking into account any payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the principal balance of the Class M-2 Certificates (after taking into account any payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the principal balance of the Class M-3 Certificates (after taking into account any payment of the Class M-3 Principal Distribution Amount on such Distribution Date), and (E) the principal balance of the Class M-4 Certificates immediately prior to such Distribution Date, over (y) the lesser of (A) the product of (i) 95.00% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class M-5 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of (A) the principal balance of the Class A Certificates (after taking into account any payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the balance of the Class M-1 Certificates (after taking into account any payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the balance of the Class M-2 Certificates (after taking into account any payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the balance of the Class M-3 Certificates (after taking into account any payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (E) the principal balance of the Class M-4 Certificates (after taking into account any payment of the Class M-4 Principal Distribution Amount on such Distribution Date), and (F) the principal balance of the Class M-5 Certificates immediately prior to such Distribution Date, over (y) the lesser of (A) the product of (i) 96.30% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 12 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class B-1 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of (A) the principal balance of the Class A Certificates (after taking into account any payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the principal balance of the Class M-1 Certificates (after taking into account any payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the principal balance of the Class M-2 Certificates (after taking into account any payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the principal balance of the Class M-3 Certificates (after taking into account any payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (E) the principal balance of the Class M-4 Certificates (after taking into account any payment of the Class M-4 Principal Distribution Amount on such Distribution Date), (F) the principal balance of the Class M-5 Certificates (after taking into account any payment of the Class M-5 Principal Distribution Amount on such Distribution Date), and (G) the principal balance of the Class B-1 Certificates immediately prior to such Distribution Date, over (y) the lesser of (A) the product of (i) 97.30% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class B-2 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of (A) the principal balance of the Class A Certificates (after taking into account any payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the principal balance of the Class M-1 Certificates (after taking into account any payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the principal balance of the Class M-2 Certificates (after taking into account any payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the principal balance of the Class M-3 Certificates (after taking into account any payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (E) the principal balance of the Class M-4 Certificates (after taking into account any payment of the Class M-4 Principal Distribution Amount on such Distribution Date), (F) the principal balance of the Class M-5 Certificates (after taking into account any payment of the Class M-5 Principal Distribution Amount on such Distribution Date), (G) the principal balance of the Class B-1 Certificates (after taking into account any payment of the Class B-1 Principal Distribution Amount on such Distribution Date), and (H) the principal balance of the Class B-2 Certificates immediately prior to such Distribution Date, over (y) the lesser of (A) the product of (i) 98.30% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. Class B-3 Principal Distribution Amount. An amount equal to the excess of: (x) the sum of (A) the principal balance of the Class A Certificates (after taking into account any payment of the Class A Principal Distribution Amount on such Distribution Date), (B) the principal balance of the Class M-1 Certificates (after taking into account any payment of the Class M-1 Principal Distribution Amount on such Distribution Date), (C) the principal balance of the Class M-2 Certificates (after taking into account any payment of the Class M-2 Principal Distribution Amount on such Distribution Date), (D) the principal balance of the Class M-3 Certificates (after taking into account any payment of the Class M-3 Principal Distribution Amount on such Distribution Date), (E) the principal balance of the Class M-4 Certificates (after taking into account any payment of the Class M-4 Principal Distribution Amount on such Distribution Date), (F) the principal balance of the Class M-5 Certificates (after taking into account any payment of the Class M-5 Principal Distribution Amount on such Distribution Date), (G) the principal balance of the Class B-1 Certificates (after taking into account any payment of the Class B-1 Principal Distribution Amount on such Distribution Date), (H) the principal balance of the Class B-2 Certificates (after taking into account any payment of the Class B-2 Principal Distribution Amount on such Distribution Date), and (I) the principal balance of the Class B-3 Certificates immediately prior to such Distribution Date, over (y) the lesser of (A) the product of (i) 99.30% and (ii) the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date, and (B) the excess, if any, of the aggregate scheduled principal balance of the Mortgage Loans for such Distribution Date over 0.35% of the aggregate scheduled principal balance of the Mortgage Loans as of the Cut-Off Date. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 13 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Remaining Prepayment Penalty Term by Product Type(1) (2) - -------------------------------------------------
Product No Penalty 1-12 Months 13-24 Months 25-36 Months 37-48 Months 49-60 Months Total - ---------- ------------- ----------- -------------- ------------- ------------ ------------ ------------ 2 Year ARM $204,347,099 $380,573 $102,750,945 $0 $0 $0 $307,478,617 3 Year ARM $40,159,375 $0 $34,568,716 $3,099,814 $0 $0 $77,827,904 - ---------- ------------- ----------- -------------- ------------- ------------ ------------ ------------ TOTAL(3) $244,506,474 $380,573 $137,319,660 $3,099,814 $0 $0 $385,306,521 ========== ============= =========== ============== ============= ============ ============ ============
Product No Penalty 1-12 Months 13-24 Months 25-36 Months 37-48 Months 49-60 Months - ---------- ------------- ----------- -------------- ------------- ------------ ------------ 2 Year ARM 53.03% 0.10% 26.67% 0.00% 0.00% 0.00% 3 Year ARM 10.42% 0.00% 8.97% 0.80% 0.00% 0.00% - ---------- ------------- ----------- -------------- ------------- ------------ ------------ TOTAL(3) 63.46% 0.10% 35.64% 0.80% 0.00% 0.00% ========== ============= =========== ============== ============= ============ ============
(1) All percentages calculated herein are percentages of scheduled principal balance as of the Cut-Off Date unless otherwise noted. (2) None of the Mortgage Loans has a prepayment penalty term in excess of 60 months. (3) Columns may not add up due to rounding. The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 14 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Available Funds Cap. The information in the following table has been prepared in accordance with the following assumptions (i) one and six-month LIBOR remain constant at 20.00%, (iii) day count convention of actual/360 is applied, and (ii) prepayments on the mortgage loans occur at the Pricing Prepayment Assumption. It is highly unlikely, however, that prepayments on the mortgage loans will occur at the Pricing Prepayment Assumption or at any other constant percentage. There is no assurance, therefore, of whether or to what extent the actual mortgage rates on the mortgage loans on any distribution date will conform to the corresponding rate set forth for that distribution date in the following table. Distribution Available Effective Period Distribution Funds Cap Available Funds (months) Date (%) Cap (%) - ------------ ------------ --------- --------------- 1 25-Nov-05 6.67829 10.00000 2 25-Dec-05 6.15472 10.00000 3 25-Jan-06 5.89812 10.00000 4 25-Feb-06 5.88173 10.00000 5 25-Mar-06 6.64921 10.00000 6 25-Apr-06 5.84692 10.00000 7 25-May-06 6.07487 10.00000 8 25-Jun-06 5.80915 10.00000 9 25-Jul-06 6.03809 10.00000 10 25-Aug-06 5.76811 10.00000 11 25-Sep-06 5.74626 10.00000 12 25-Oct-06 5.97677 10.00000 13 25-Nov-06 5.69963 10.00000 14 25-Dec-06 5.93126 10.00000 15 25-Jan-07 5.64875 10.00000 16 25-Feb-07 5.62155 10.00000 17 25-Mar-07 6.43477 10.00000 18 25-Apr-07 5.56692 10.00000 19 25-May-07 5.80171 10.00000 20 25-Jun-07 5.50308 10.00000 21 25-Jul-07 5.73917 10.00000 22 25-Aug-07 6.73564 10.00000 23 25-Sep-07 8.42105 10.00000 24 25-Oct-07 8.79194 10.00000 25 25-Nov-07 8.40183 10.00000 26 25-Dec-07 8.77805 10.00000 27 25-Jan-08 8.37913 10.00000 28 25-Feb-08 8.82298 10.00000 29 25-Mar-08 10.29538 10.29538 30 25-Apr-08 9.43030 10.00000 31 25-May-08 9.87710 10.00000 32 25-Jun-08 9.42967 10.00000 33 25-Jul-08 9.88857 10.00000 34 25-Aug-08 10.33551 10.33551 35 25-Sep-08 11.09509 11.09509 36 25-Oct-08 11.48008 11.48008 37 25-Nov-08 11.12431 11.12431 38 25-Dec-08 11.40860 11.40860 39 25-Jan-09 11.03608 11.03608 40 25-Feb-09 11.49314 11.49314 41 25-Mar-09 13.30208 13.30208 42 25-Apr-09 12.01000 12.01000 43 25-May-09 12.40783 12.40783 44 25-Jun-09 12.01009 12.01009 45 25-Jul-09 12.41310 12.41310 46 25-Aug-09 12.11138 12.11138 47 25-Sep-09 12.21677 12.21677 48 25-Oct-09 12.62687 12.62687 49 25-Nov-09 12.22242 12.22242 50 25-Dec-09 12.63289 12.63289 51 25-Jan-10 12.22842 12.22842 52 25-Feb-10 12.32754 12.32754 53 25-Mar-10 13.76559 13.76559 54 25-Apr-10 12.44177 12.44177 55 25-May-10 12.86536 12.86536 56 25-Jun-10 12.45920 12.45920 57 25-Jul-10 12.88394 12.88394 58 25-Aug-10 12.47773 12.47773 59 25-Sep-10 12.48743 12.48743 60 25-Oct-10 12.91400 12.91400 61 25-Nov-10 12.50772 12.50772 62 25-Dec-10 12.93562 12.93562 63 25-Jan-11 12.52928 12.52928 64 25-Feb-11 12.54057 12.54057 65 25-Mar-11 13.89707 13.89707 66 25-Apr-11 12.56419 12.56419 67 25-May-11 12.99576 12.99576 68 25-Jun-11 12.58929 12.58929 69 25-Jul-11 13.02250 13.02250 70 25-Aug-11 12.61596 12.61596 71 25-Sep-11 12.62991 12.62991 72 25-Oct-11 13.06578 13.06578 73 25-Nov-11 12.65914 12.65914 74 25-Dec-11 13.09691 13.09691 75 25-Jan-12 12.69019 12.69019 76 25-Feb-12 12.70644 12.70644 77 25-Mar-12 13.60066 13.60066 78 25-Apr-12 12.74047 12.74047 79 25-May-12 13.18355 13.18355 80 25-Jun-12 12.77663 12.77663 81 25-Jul-12 13.22208 13.22208 82 25-Aug-12 12.81507 12.81507 83 25-Sep-12 12.83519 12.83519 84 25-Oct-12 13.28447 13.28447 85 25-Nov-12 12.87732 12.87732 86 25-Dec-12 13.32935 13.32935 87 25-Jan-13 12.92210 12.92210 88 25-Feb-13 12.94554 12.94554 89 25-Mar-13 14.35931 14.35931 90 25-Apr-13 12.99462 12.99462 91 25-May-13 13.45432 13.45432 92 25-Jun-13 13.04680 13.04680 The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 15 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Distribution Period Distribution Available Funds Effective Available (months) Date Cap (%) Funds Cap (%) - ------------ ------------ --------------- ------------------- 93 25-Jul-13 13.50991 13.50991 94 25-Aug-13 13.10227 13.10227 95 25-Sep-13 13.13131 13.13131 96 25-Oct-13 13.59995 13.59995 97 25-Nov-13 13.19212 13.19212 98 25-Dec-13 13.66475 13.66475 99 25-Jan-14 13.25678 13.25678 100 25-Feb-14 13.29063 13.29063 101 25-Mar-14 14.75327 14.75327 102 25-Apr-14 13.36153 13.36153 103 25-May-14 13.84527 13.84527 104 25-Jun-14 13.43692 13.43692 105 25-Jul-14 13.92561 13.92561 106 25-Aug-14 13.51710 13.51710 107 25-Sep-14 13.55907 13.55907 108 25-Oct-14 14.05577 14.05577 109 25-Nov-14 13.64700 13.64700 110 25-Dec-14 14.14948 14.14948 111 25-Jan-15 13.74052 13.74052 112 25-Feb-15 13.78949 13.78949 113 25-Mar-15 15.32285 15.32285 114 25-Apr-15 13.89208 13.89208 115 25-May-15 14.41066 14.41066 116 25-Jun-15 14.00120 14.00120 117 25-Jul-15 14.52695 14.52695 118 25-Aug-15 14.11728 14.11728 119 25-Sep-15 14.17807 14.17807 120 25-Oct-15 14.71546 14.71546 The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 16 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- The Mortgage Loans - All Collateral (1) Scheduled Principal Balance: $385,306,521 Number of Mortgage Loans: 1,798 Average Scheduled Principal Balance: $214,297 Interest Only Loans: 0.000% Weighted Average Gross Coupon: 6.944% Weighted Average Net Coupon: (2) 6.569% Weighted Average FICO Score: 689 Weighted Average Original LTV Ratio: 85.84% Weighted Average Stated Remaining Term (months): 358 Weighted Average Seasoning (months): 2 Weighted Average Months to Roll: 24 Weighted Average Gross Margin: 3.208% Weighted Average Initial Rate Cap: 3.000% Weighted Average Periodic Rate Cap: 1.000% Weighted Average Gross Maximum Lifetime Rate: 12.941% (1) All percentages calculated herein are percentages of scheduled principal balance unless otherwise noted as of the Cut-Off Date. (2) The Weighted Average Net Coupon is equivalent to the Weighted Average Gross Coupon less the Servicing Fee. Distribution by Current Principal Balance
Pct. Of Weighted Weighted Weighted Weighted Pool By Avg. Avg. Avg. Avg. Avg. Pct. Current Principal Number Of Principal Principal Gross Current Principal Original Combined Pct. Full Owner Balance Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ----------------------------------------------------------------------------------------------------------------------------------- $50,000 & Below 85 $3,216,391 0.83% 7.693% 694 $37,840 83.32% 83.60% 0.00% 19.30% $50,001 - $75,000 110 6,894,369 1.79 7.653 691 62,676 81.81 82.36 0.00 34.61 $75,001 - $100,000 131 11,607,775 3.01 7.369 686 88,609 83.13 84.52 0.00 46.89 $100,001 - $125,000 155 17,767,512 4.61 7.294 689 114,629 85.94 86.99 0.00 51.76 $125,001 - $150,000 187 25,670,631 6.66 7.129 690 137,276 86.86 88.30 0.00 54.58 $150,001 - $200,000 317 55,462,395 14.39 7.010 692 174,960 86.39 87.99 0.00 60.28 $200,001 - $250,000 237 53,483,198 13.88 6.884 690 225,668 86.20 87.48 0.00 61.87 $250,001 - $300,000 177 48,505,985 12.59 6.864 686 274,045 86.39 88.41 0.00 68.42 $300,001 - $350,000 143 46,486,263 12.06 6.950 694 325,079 86.30 88.34 0.00 64.78 $350,001 - $400,000 103 38,598,945 10.02 6.877 680 374,747 87.31 89.66 0.00 72.56 $400,001 - $450,000 48 20,390,491 5.29 6.832 683 424,802 86.56 88.18 0.00 70.65 $450,001 - $500,000 51 24,386,057 6.33 6.930 690 478,158 86.43 87.51 0.00 70.27 $500,001 - $550,000 15 7,867,358 2.04 6.646 709 524,491 86.54 86.88 0.00 93.16 $550,001 - $600,000 14 8,083,271 2.10 6.580 706 577,376 81.46 81.46 0.00 100.00 $600,001 - $650,000 19 12,018,293 3.12 6.515 669 632,542 83.27 83.80 0.00 100.00 $650,001 - $700,000 2 1,382,070 0.36 5.871 686 691,035 74.94 74.94 0.00 100.00 $700,001 - $750,000 1 720,923 0.19 5.875 730 720,923 70.00 70.00 0.00 0.00 $850,001 - $900,000 1 873,295 0.23 6.125 736 873,295 70.00 79.60 0.00 100.00 $900,001 & Above 2 1,891,300 0.49 6.098 718 945,650 62.31 62.31 0.00 100.00 - ----------------------------------------------------------------------------------------------------------------------------------- Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 17 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Distribution by Current Rate
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Current Rate Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 5.01 - 5.50% 12 $3,562,235 0.92% 5.465% 693 $296,853 75.10% 87.02% 0.00% 100.00% 5.51 - 6.00% 118 30,683,086 7.96 5.875 703 260,026 76.46 85.28 0.00 91.64 6.01 - 6.50% 271 72,310,544 18.77 6.345 690 266,829 81.84 84.70 0.00 84.98 6.51 - 7.00% 510 121,968,528 31.65 6.802 688 239,154 85.77 86.36 0.00 72.23 7.01 - 7.50% 418 87,094,413 22.60 7.313 685 208,360 89.93 89.94 0.00 58.58 7.51 - 8.00% 346 55,150,423 14.31 7.778 692 159,394 89.56 89.56 0.00 30.80 8.01 - 8.50% 103 12,300,820 3.19 8.265 680 119,425 90.18 90.18 0.00 25.38 8.51 - 9.00% 20 2,236,472 0.58 8.789 689 111,824 89.85 89.85 0.00 11.41 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ====================================================================================================================================
Distribution by FICO
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Fico Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 800 - 819 16 $2,500,898 0.65% 6.892% 808 $156,306 82.14% 83.41% 0.00% 61.76% 780 - 799 62 14,808,996 3.84 6.851 788 238,855 82.19 84.87 0.00 61.03 760 - 779 85 17,782,364 4.62 6.894 769 209,204 83.50 86.27 0.00 53.16 740 - 759 119 24,702,280 6.41 6.746 749 207,582 84.83 88.49 0.00 61.33 720 - 739 176 37,421,843 9.71 6.828 729 212,624 84.85 88.13 0.00 59.41 700 - 719 227 49,667,974 12.89 6.934 709 218,802 85.61 87.84 0.00 59.57 680 - 699 260 55,020,182 14.28 7.051 690 211,616 87.30 88.50 0.00 60.84 660 - 679 303 63,342,299 16.44 7.026 669 209,050 86.64 87.17 0.00 67.91 640 - 659 301 66,717,401 17.32 6.967 650 221,652 86.07 86.72 0.00 70.66 620 - 639 249 53,342,285 13.84 6.932 630 214,226 86.42 87.08 0.00 78.68 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Original LTV
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Original LTV Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 30.00% & Below 4 $246,766 0.06% 7.124% 751 $61,692 19.21% 19.21% 0.00% 64.61% 30.01 - 40.00% 8 907,267 0.24 6.175 726 113,408 33.72 43.12 0.00 60.64 40.01 - 50.00% 18 3,476,986 0.90 6.401 714 193,166 46.00 48.76 0.00 78.39 50.01 - 60.00% 41 6,933,408 1.80 6.613 681 169,108 56.76 56.76 0.00 67.29 60.01 - 70.00% 90 20,140,584 5.23 6.493 688 223,784 66.59 68.37 0.00 60.51 70.01 - 80.00% 392 89,574,791 23.25 6.449 702 228,507 78.55 84.57 0.00 69.76 80.01 - 85.00% 41 10,666,130 2.77 6.808 682 260,150 83.60 83.60 0.00 83.46 85.01 - 90.00% 768 160,810,261 41.74 7.213 687 209,388 89.76 89.76 0.00 42.52 90.01 - 95.00% 436 92,550,328 24.02 7.119 680 212,271 94.88 94.88 0.00 100.00 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 18 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Distribution by Document Type
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Document Type Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ No Doc 399 $85,209,010 22.11% 6.979% 698 $213,556 84.99% 85.18% 0.00% 92.53% NO RATIO 259 52,483,968 13.62 7.164 687 202,641 87.05 87.30 0.00 52.13 Stated 1,098 238,749,640 61.96 6.887 688 217,440 86.15 88.33 0.00 58.44 Stated Reduced 42 8,863,904 2.30 6.827 665 211,045 78.48 83.22 0.00 77.60 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Loan Purpose
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Loan Purpose Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ Cashout Refi 361 $87,847,189 22.80% 6.804% 666 $243,344 80.83% 81.34% 0.00% 91.28% Purchase 1,386 287,411,867 74.59 6.989 697 207,368 87.48 89.38 0.00 57.32 Rate/term Refi 51 10,047,466 2.61 6.853 675 197,009 82.65 82.95 0.00 76.29 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Occupancy Status
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Occupancy Status Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ Non Owner 644 $109,204,390 28.34% 7.431% 700 $169,572 85.40% 85.43% 0.00% 0.00% Owner Occupied 1,041 252,609,055 65.56 6.751 685 242,660 86.17 88.46 0.00 100.00 Second Home 113 23,493,076 6.10 6.748 689 207,903 84.26 84.84 0.00 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Property Type
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Property Type Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 2-4 Family 138 $33,339,471 8.65% 7.093% 688 $241,590 84.76% 84.93% 0.00% 44.33% Condo 346 70,606,985 18.32 6.975 688 204,066 87.03 88.93 0.00 50.74 Pud 2 556,213 0.14 7.788 681 278,107 78.87 78.87 0.00 28.23 Single Family 1,312 280,803,852 72.88 6.916 690 214,027 85.68 87.29 0.00 71.88 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 19 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Distribution by State
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner State Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ FL 294 $59,212,701 15.37% 7.207% 692 $201,404 86.81% 87.23% 0.00% 39.19% CA 200 64,596,034 16.76 6.576 690 322,980 82.52 86.29 0.00 74.80 AZ 100 23,960,902 6.22 6.905 695 239,609 86.53 86.91 0.00 60.55 NY 66 20,000,934 5.19 6.818 687 303,044 86.16 86.62 0.00 78.75 VA 63 17,709,713 4.60 6.970 701 281,107 86.84 89.62 0.00 73.11 MD 69 17,337,731 4.50 6.787 691 251,271 85.50 88.26 0.00 66.02 IL 85 16,521,836 4.29 7.033 696 194,375 87.63 89.25 0.00 74.41 NJ 51 16,239,656 4.21 7.023 669 318,425 86.65 86.65 0.00 81.73 NV 67 14,979,402 3.89 6.706 696 223,573 85.52 88.64 0.00 59.79 Other 803 134,747,612 34.97 7.052 686 167,805 86.46 87.47 0.00 68.20 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Remaining Months to Maturity
Pct. Of Weighted Weighted Weighted Remaining Pool By Weighted Avg. Avg. Avg. Avg. Months To Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Maturity Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 301 - 360 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Amortization Type
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Amortization Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Type Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 2 YEAR ARM 1,406 $307,478,617 79.80% 6.955% 688 $218,690 86.11% 87.58% 0.00% 66.12% 3 YEAR ARM 392 77,827,904 20.20 6.900 694 198,541 84.78 86.57 0.00 63.36 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Prepayment Term Months
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Prepayment Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Term Months Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 0 1,059 $244,506,474 63.46% 7.070% 693 $230,884 85.59% 87.02% 0.00% 59.29% 12 1 380,573 0.10 7.750 746 380,573 90.00 90.00 0.00 0.00 24 716 137,319,660 35.64 6.714 682 191,787 86.30 88.08 0.00 76.92 36 22 3,099,814 0.80 7.033 688 140,901 84.57 84.57 0.00 64.98 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 20 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Distribution by Periodic Cap
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Periodic Cap Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 1.00 - 1.49% 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Months to Rate Reset
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Months To Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Rate Reset Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 11 - 20 130 $28,348,558 7.36% 7.054% 687 $218,066 86.98% 88.90% 0.00% 69.29% 21 - 30 1,285 280,167,989 72.71 6.944 688 218,030 86.01 87.43 0.00 65.76 31 - 40 383 76,789,974 19.93 6.900 694 200,496 84.80 86.62 0.00 63.44 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Maximum Lifetime Rate
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Maximum Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Lifetime Rate Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 9.49% & Below 1 $143,619 0.04% 8.125% 713 $143,619 90.00% 90.00% 0.00% 0.00% 11.00 - 11.49% 4 823,209 0.21 5.347 743 205,802 70.83 84.32 0.00 100.00 11.50 - 11.99% 103 27,381,982 7.11 5.810 703 265,844 75.53 85.55 0.00 94.51 12.00 - 12.49% 205 56,376,838 14.63 6.248 689 275,009 80.06 83.73 0.00 87.31 12.50 - 12.99% 531 127,354,987 33.05 6.724 688 239,840 85.75 86.46 0.00 73.59 13.00 - 13.49% 376 82,163,689 21.32 7.201 685 218,520 88.81 88.94 0.00 63.39 13.50 - 13.99% 415 70,996,914 18.43 7.676 690 171,077 90.12 90.13 0.00 37.03 14.00 - 14.49% 132 16,802,667 4.36 8.162 685 127,293 89.99 89.99 0.00 24.93 14.50 - 14.99% 29 3,019,595 0.78 8.674 682 104,124 90.11 90.11 0.00 13.06 15.00 - 15.49% 2 243,022 0.06 9.000 718 121,511 87.21 87.21 0.00 0.00 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Minimum Lifetime Rate
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Minimum Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Lifetime Rate Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 2.00 - 2.49% 96 $19,919,165 5.17% 5.927% 707 $207,491 74.74% 86.16% 0.00% 91.67% 2.50 - 2.99% 401 95,017,020 24.66 6.424 696 236,950 78.15 81.74 0.00 79.77 3.00 - 3.49% 663 148,591,116 38.56 6.928 684 224,119 87.80 87.95 0.00 73.67 3.50 - 3.99% 572 109,747,096 28.48 7.503 687 191,866 91.49 91.49 0.00 41.98 4.00 - 4.49% 44 7,883,773 2.05 7.820 682 179,177 90.19 90.19 0.00 3.79 5.00 - 5.49% 1 160,264 0.04 6.250 719 160,264 71.68 71.68 0.00 100.00 5.50 - 5.99% 2 280,817 0.07 7.313 752 140,409 78.48 89.97 0.00 100.00 6.00 - 6.49% 3 438,598 0.11 7.544 642 146,199 81.17 81.17 0.00 50.64 6.50 - 6.99% 8 1,818,772 0.47 7.656 674 227,347 90.98 90.98 0.00 78.90 7.00 - 7.49% 5 943,449 0.24 8.117 668 188,690 85.10 85.10 0.00 57.69 7.50 - 7.99% 3 506,451 0.13 8.859 683 168,817 90.66 90.66 0.00 13.11 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 21 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Distribution by Margin
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Margin Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 2.00 - 2.49% 96 $19,919,165 5.17% 5.927% 707 $207,491 74.74% 86.16% 0.00% 91.67% 2.50 - 2.99% 401 95,017,020 24.66 6.424 696 236,950 78.15 81.74 0.00 79.77 3.00 - 3.49% 663 148,591,116 38.56 6.928 684 224,119 87.80 87.95 0.00 73.67 3.50 - 3.99% 572 109,747,096 28.48 7.503 687 191,866 91.49 91.49 0.00 41.98 4.00 - 4.49% 44 7,883,773 2.05 7.820 682 179,177 90.19 90.19 0.00 3.79 5.00 - 5.49% 1 160,264 0.04 6.250 719 160,264 71.68 71.68 0.00 100.00 5.50 - 5.99% 2 280,817 0.07 7.313 752 140,409 78.48 89.97 0.00 100.00 6.00 - 6.49% 3 438,598 0.11 7.544 642 146,199 81.17 81.17 0.00 50.64 6.50 - 6.99% 8 1,818,772 0.47 7.656 674 227,347 90.98 90.98 0.00 78.90 7.00 - 7.49% 5 943,449 0.24 8.117 668 188,690 85.10 85.10 0.00 57.69 7.50 - 7.99% 3 506,451 0.13 8.859 683 168,817 90.66 90.66 0.00 13.11 - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by First Adjustment Cap
Pct. Of Weighted Weighted Weighted First Pool By Weighted Avg. Avg. Avg. Avg. Adjustment Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Cap Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 2.51 - 3.00% 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
Distribution by Periodic Lifetime Cap
Pct. Of Weighted Weighted Weighted Pool By Weighted Avg. Avg. Avg. Avg. Periodic Number Of Principal Principal Avg. Gross Current Principal Original Combined Pct. Full Pct. Owner Lifetime Cap Loans Balance Balance Coupon FICO Balance LTV LTV Doc Occupied - ------------------------------------------------------------------------------------------------------------------------------------ 5.51 - 6.00% 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% - ------------------------------------------------------------------------------------------------------------------------------------ Total: 1,798 $385,306,521 100.00% 6.944% 689 $214,297 85.84% 87.38% 0.00% 65.56% ===================================================================================================================================
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 22 WFALT 2005-2 Preliminary Structural and Collateral Term Sheet October 18, 2005 - -------------------------------------------------------------------------------- Appendix A This transaction will contain a one-month LIBOR Yield Maintenance Agreement (the "Class A Yield Maintenance Agreement") available to pay Cap Carryover Amounts on all the Offered Certificates in the manner described herein. The Class A Yield Maintenance Agreement will have an initial notional amount of approximately $338,744,000, a term of 33 months beginning on the first Distribution Date and a strike rate as detailed in the table below with an upper strike rate of 9.80856%. The Class A Yield Maintenance Agreement notional amount will be the lesser of (i) the notional amount as detailed in the amortization schedule table below and (ii) the aggregate principal balance of the Offered Certificates for such Distribution Date. The Class A Yield Maintenance Agreement Notional Amount Amortization Schedule - -----------------------------------------------------------------------------
Class A Yield Maintenance Distribution Period Agreement (months) Distribution Date Strike Rate (%) Notional Amount ($) ------------------- ----------------- --------------- ------------------- 1 25-Nov-05 6.48685 338,744,000.00 2 25-Dec-05 5.96328 327,160,384.26 3 25-Jan-06 5.70668 315,919,041.36 4 25-Feb-06 5.69029 305,014,190.98 5 25-Mar-06 6.45777 294,435,806.29 6 25-Apr-06 5.65548 284,174,158.18 7 25-May-06 5.88343 274,219,806.45 8 25-Jun-06 5.61771 264,563,591.25 9 25-Jul-06 5.84665 255,196,624.80 10 25-Aug-06 5.57667 246,110,283.29 11 25-Sep-06 5.55482 237,296,199.10 12 25-Oct-06 5.78533 228,746,253.19 13 25-Nov-06 5.50819 220,452,567.75 14 25-Dec-06 5.73982 212,407,499.05 15 25-Jan-07 5.45731 204,603,630.49 16 25-Feb-07 5.43011 197,033,765.90 17 25-Mar-07 6.24333 189,690,922.97 18 25-Apr-07 5.37548 182,568,326.96 19 25-May-07 5.61027 175,659,485.42 20 25-Jun-07 5.31164 168,957,935.01 21 25-Jul-07 5.54773 162,457,487.62 22 25-Aug-07 6.54420 156,152,139.12 23 25-Sep-07 8.22961 150,066,836.24 24 25-Oct-07 8.60050 144,197,303.71 25 25-Nov-07 8.21039 138,502,367.06 26 25-Dec-07 8.58661 132,976,837.14 27 25-Jan-08 8.18769 127,615,694.78 28 25-Feb-08 8.63154 122,414,069.12 29 25-Mar-08 10.10394 0.00 30 25-Apr-08 9.23886 112,489,652.66 31 25-May-08 9.68566 107,750,877.78 32 25-Jun-08 9.23823 103,152,861.34 33 25-Jul-08 9.69713 98,691,438.19 34 & Above 25-Sep-08 N/A N/A
The information herein has been provided solely by Goldman, Sachs & Co. Neither the issuer of the certificates not any of its affiliates makes any representation as to the accuracy or completeness of the information here. The information herein is preliminary and will be superseded by the applicable prospectus supplement and by any other information subsequently filed with the Securities and Exchange Commission ("SEC"). This material is furnished to you solely by Goldman, Sachs & Co., acting as underwriter and not as agent of the issuer. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person. The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). Information contained in this material is current as of the date appearing on this material only and supersedes all prior information regarding such securities and assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you and by any other information subsequently filed with the SEC. This material may be filed with the SEC and incorporated by reference into an effective registration statement previously filed with the SEC. Goldman, Sachs & Co. does not provide accounting, tax or legal advice. In addition, we mutually agree that, subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman, Sachs & Co. imposing any limitation of any kind. 23 - ------------------------------ WFALT - ------------------------------ A4 - ------------------------------ - ---------------------------------------------------------------------------------------------------- Scenario 1 FWD / 40% Severity / 12 lag / Trigger Fail / Run to Call Scenario 2 FWD / 70% Severity / 12 lag / Trigger Fail / Run to Call Scenario 3 FWD+200 / 40% Severity / 12 lag / Trigger Fail / Run to Call Scenario 4 FWD+200 / 70% Severity / 12 lag / Trigger Fail / Run to Call - ----------------------------------------------------------------------------------------------------
50 PPC 75 PPC 100 PPC 125 PPC - ------------------------------------------------------------------------------------------------------------------------------ Scenario1 - ------------------------------------------------------------------------------------------------------------------------------ Breakeven CDR 14.86 CDR 18.28 CDR 22.22 CDR 26.45 CDR WAL 6.99 5.11 3.95 3.22 Principal Writedown 8,588.53 (0.02%) 6,891.08 (0.01%) 2,238.23 (0.00%) 8,621.75 (0.02%) Total Collat Loss (Tranche Life) 65,590,998.34 (17.04%) 58,327,476.06 (15.15%) 54,112,162.37 (14.06%) 51,604,964.84 (13.41%) - ------------------------------------------------------------------------------------------------------------------------------ Scenario2 - ------------------------------------------------------------------------------------------------------------------------------ Breakeven CDR 7.33 CDR 9.05 CDR 11.00 CDR 13.32 CDR WAL 8.96 6.29 4.77 3.76 Principal Writedown 26,709.61 (0.05%) 9,842.91 (0.02%) 1,213.00 (0.00%) 13,360.97 (0.02%) Total Collat Loss (Tranche Life) 72,586,039.14 (18.86%) 62,145,013.10 (16.14%) 56,479,794.25 (14.67%) 52,997,139.22 (13.77%) - ------------------------------------------------------------------------------------------------------------------------------ Scenario3 - ------------------------------------------------------------------------------------------------------------------------------ Breakeven CDR 13.38 CDR 16.51 CDR 20.25 CDR 24.50 CDR WAL 7.34 5.34 4.1 3.3 Principal Writedown 8,966.21 (0.02%) 12,516.94 (0.02%) 2,352.02 (0.00%) 10,703.00 (0.02%) Total Collat Loss (Tranche Life) 61,890,746.58 (16.08%) 54,854,790.85 (14.25%) 50,983,531.89 (13.24%) 48,863,346.17 (12.69%) - ------------------------------------------------------------------------------------------------------------------------------ Scenario4 - ------------------------------------------------------------------------------------------------------------------------------ Breakeven CDR 6.70 CDR 8.30 CDR 10.17 CDR 12.39 CDR WAL 9.28 6.45 4.86 3.83 Principal Writedown 29,651.09 (0.05%) 48,777.81 (0.09%) 20,873.55 (0.04%) 15,785.11 (0.03%) Total Collat Loss (Tranche Life) 68,511,616.59 (17.80%) 58,324,753.17 (15.15%) 53,071,706.62 (13.79%) 50,095,049.70 (13.01%)
No securities are being offered by these summary materials. If the securities described herein or other securities are ultimately offered, they will be offered only pursuant to a definitive offering circular, and prospective investors who consider purchasing any such securities should make their investment decision based only upon the information provided therein and consultation with their own advisers. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person.The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). This material may be filed within the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including in cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing on this material only. Information in this material regarding the assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you. Goldman Sachs does not provide accounting, tax or legal advice. Subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman Sachs imposing any limitation of any kind. Effective Available Fund Cap 50% Pricing 150% Pricing Period Date AFC AFC Total 0 25-Oct-05 1 25-Nov-05 10.00000 10.00000 2 25-Dec-05 9.93730 9.99039 3 25-Jan-06 9.86765 9.97831 4 25-Feb-06 9.80266 9.96569 5 25-Mar-06 9.78733 9.96187 6 25-Apr-06 9.67496 9.93626 7 25-May-06 9.63477 9.92444 8 25-Jun-06 9.55018 9.90021 9 25-Jul-06 9.51858 9.88714 10 25-Aug-06 9.42819 9.85603 11 25-Sep-06 9.36818 9.83030 12 25-Oct-06 9.34903 9.81473 13 25-Nov-06 9.25011 9.77008 14 25-Dec-06 9.23897 9.75221 15 25-Jan-07 9.13445 9.69567 16 25-Feb-07 9.07750 9.65197 17 25-Mar-07 9.20410 9.68661 18 25-Apr-07 8.96607 9.54896 19 25-May-07 8.97421 9.52131 20 25-Jun-07 8.85599 9.41892 21 25-Jul-07 8.87148 9.38442 22 25-Aug-07 9.11517 9.44268 23 25-Sep-07 9.52422 9.77869 24 25-Oct-07 9.61331 9.83592 25 25-Nov-07 9.48641 9.71570 26 25-Dec-07 9.58376 9.78844 27 25-Jan-08 9.44888 9.63193 28 25-Feb-08 9.58351 9.71583 29 25-Mar-08 10.20805 10.58999 30 25-Apr-08 9.74748 9.96994 31 25-May-08 9.88860 10.20754 32 25-Jun-08 9.73268 9.96013 33 25-Jul-08 9.88253 10.28444 34 25-Aug-08 10.20901 10.97696 35 25-Sep-08 10.94323 11.95512 36 25-Oct-08 11.31158 12.56265 37 25-Nov-08 10.94922 12.42710 38 25-Dec-08 11.31686 12.10344 39 25-Jan-09 10.95444 11.71308 40 25-Feb-09 11.41610 12.20140 41 25-Mar-09 13.22252 14.12565 42 25-Apr-09 11.94604 12.75872 43 25-May-09 12.34753 13.18408 44 25-Jun-09 11.95248 12.75885 45 25-Jul-09 12.35433 13.18421 46 25-Aug-09 12.05510 12.86078 47 25-Sep-09 12.16115 12.96967 48 25-Oct-09 12.57022 13.40201 49 25-Nov-09 12.16840 12.96970 50 25-Dec-09 12.57695 13.40205 51 25-Jan-10 12.17189 12.96974 52 25-Feb-10 12.26853 13.07151 53 25-Mar-10 13.69738 14.59251 54 25-Apr-10 12.37249 13.18033 55 25-May-10 12.78560 13.61968 56 25-Jun-10 12.37384 13.18034 57 25-Jul-10 12.78701 13.61969 58 25-Aug-10 12.37523 13.18035 59 25-Sep-10 12.37594 13.20729 60 25-Oct-10 12.78921 13.70326 61 25-Nov-10 12.37739 13.31793 62 25-Dec-10 12.79073 13.82350 63 25-Jan-11 12.37888 13.44031 64 25-Feb-11 12.37964 13.50628 65 25-Mar-11 13.70689 15.03019 66 25-Apr-11 12.38120 13.64862 67 25-May-11 12.79473 14.18287 68 25-Jun-11 12.38280 13.80607 69 25-Jul-11 12.79641 14.35398 70 25-Aug-11 12.38445 13.98022 71 25-Sep-11 12.38530 14.07411 72 25-Oct-11 12.79902 14.64529 73 25-Nov-11 12.38702 14.27672 74 25-Dec-11 12.80083 14.86549 75 25-Jan-12 12.38879 14.50085 76 25-Feb-12 12.38970 14.62168 77 25-Mar-12 13.24514 15.76593 78 25-Apr-12 12.39155 14.88245 79 25-May-12 12.80558 15.52382 80 25-Jun-12 12.39346 15.17094 81 25-Jul-12 12.80758 15.83737 82 25-Aug-12 12.39542 15.49009 83 25-Sep-12 12.39642 15.66218 84 25-Oct-12 12.81069 16.37129 85 25-Nov-12 12.39847 16.04367 86 25-Dec-12 12.81284 16.85676 87 25-Jan-13 12.40059 16.60623 88 25-Feb-13 12.40166 16.92626 89 25-Mar-13 13.73163 19.12754 90 25-Apr-13 12.40387 17.66088 91 25-May-13 12.81850 18.68693 92 25-Jun-13 12.40614 18.55180 93 25-Jul-13 12.82088 19.70628 94 25-Aug-13 12.40848 19.64859 95 25-Sep-13 12.40968 20.29567 96 25-Oct-13 12.82459 21.72481 97 25-Nov-13 12.41212 21.84883 98 25-Dec-13 12.82715 23.54902 99 25-Jan-14 12.41464 23.87036 100 25-Feb-14 12.41593 25.12405 101 25-Mar-14 13.74765 29.44267 102 25-Apr-14 12.41856 28.33680 103 25-May-14 12.83390 31.45047 104 25-Jun-14 12.42127 33.00836 105 25-Jul-14 12.83675 37.43755 106 25-Aug-14 12.42406 40.37554 107 25-Sep-14 12.42549 45.90134 108 25-Oct-14 12.84117 55.40970 109 25-Nov-14 12.42841 65.15232 110 25-Dec-14 12.84424 87.00740 111 25-Jan-15 12.43142 121.60787 112 25-Feb-15 12.43296 228.33706 113 25-Mar-15 13.76816 3300.77375 114 25-Apr-15 12.43973 115 25-May-15 12.85856 116 25-Jun-15 12.44786 117 25-Jul-15 12.86709 118 25-Aug-15 12.45625 119 25-Sep-15 12.46053 120 25-Oct-15 12.88038 No securities are being offered by these summary materials. If the securities described herein or other securities are ultimately offered, they will be offered only pursuant to a definitive offering circular, and prospective investors who consider purchasing any such securities should make their investment decision based only upon the information provided therein and consultation with their own advisers. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person.The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). This material may be filed within the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including in cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing on this material only. Information in this material regarding the assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you. Goldman Sachs does not provide accounting, tax or legal advice. Subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman Sachs imposing any limitation of any kind.
FWD FWD + 100 --------------------------------------------------------------------------------------------------------------- Payment Date Rate CalculationDate LIBOR_1MO Vector LIBOR_6MO Vector LIBOR_1MO Vector LIBOR_6MO Vector =============================================================================================================== 1 11/25/2005 10/25/2005 4.17147 4.44789 5.17147 5.44789 2 12/25/2005 11/23/2005 4.30429 4.52764 5.30429 5.52764 3 1/25/2006 12/23/2005 4.41325 4.57484 5.41325 5.57484 4 2/25/2006 1/23/2006 4.45486 4.61580 5.45486 5.61580 5 3/25/2006 2/23/2006 4.53257 4.64366 5.53257 5.64366 6 4/25/2006 3/23/2006 4.55877 4.65845 5.55877 5.65845 7 5/25/2006 4/23/2006 4.58253 4.67189 5.58253 5.67189 8 6/25/2006 5/23/2006 4.60862 4.67891 5.60862 5.67891 9 7/25/2006 6/23/2006 4.62233 4.68528 5.62233 5.68528 10 8/25/2006 7/23/2006 4.62753 4.68435 5.62753 5.68435 11 9/25/2006 8/23/2006 4.63356 4.68062 5.63356 5.68062 12 10/25/2006 9/23/2006 4.63643 4.67363 5.63643 5.67363 13 11/25/2006 10/23/2006 4.62879 4.66657 5.62879 5.66657 14 12/25/2006 11/23/2006 4.64678 4.66087 5.64678 5.66087 15 1/25/2007 12/23/2006 4.61753 4.65168 5.61753 5.65168 16 2/25/2007 1/23/2007 4.60991 4.64808 5.60991 5.64808 17 3/25/2007 2/23/2007 4.60231 4.64619 5.60231 5.64619 18 4/25/2007 3/23/2007 4.59653 4.64691 5.59653 5.64691 19 5/25/2007 4/23/2007 4.59612 4.64827 5.59612 5.64827 20 6/25/2007 5/23/2007 4.59471 4.64983 5.59471 5.64983 21 7/25/2007 6/23/2007 4.59512 4.65402 5.59512 5.65402 22 8/25/2007 7/23/2007 4.59691 4.65754 5.59691 5.65754 23 9/25/2007 8/23/2007 4.59797 4.65995 5.59797 5.65995 24 10/25/2007 9/23/2007 4.60091 4.66394 5.60091 5.66394 25 11/25/2007 10/23/2007 4.60480 4.66816 5.60480 5.66816 26 12/25/2007 11/23/2007 4.62152 4.67232 5.62152 5.67232 27 1/25/2008 12/23/2007 4.61226 4.67372 5.61226 5.67372 28 2/25/2008 1/23/2008 4.61543 4.67855 5.61543 5.67855 29 3/25/2008 2/23/2008 4.61997 4.68327 5.61997 5.68327 30 4/25/2008 3/23/2008 4.62460 4.68535 5.62460 5.68535 31 5/25/2008 4/23/2008 4.62884 4.69061 5.62884 5.69061 32 6/25/2008 5/23/2008 4.63281 4.69636 5.63281 5.69636 33 7/25/2008 6/23/2008 4.63824 4.70300 5.63824 5.70300 34 8/25/2008 7/23/2008 4.64305 4.70827 5.64305 5.70827 35 9/25/2008 8/23/2008 4.64791 4.71243 5.64791 5.71243 36 10/25/2008 9/23/2008 4.65383 4.71836 5.65383 5.71836 37 11/25/2008 10/23/2008 4.65988 4.72319 5.65988 5.72319 38 12/25/2008 11/23/2008 4.67740 4.72860 5.67740 5.72860 39 1/25/2009 12/23/2008 4.66930 4.73062 5.66930 5.73062 40 2/25/2009 1/23/2009 4.67295 4.73457 5.67295 5.73457 41 3/25/2009 2/23/2009 4.67912 4.73953 5.67912 5.73953 42 4/25/2009 3/23/2009 4.68278 4.74179 5.68278 5.74179 43 5/25/2009 4/23/2009 4.68715 4.74630 5.68715 5.74630 44 6/25/2009 5/23/2009 4.69144 4.75098 5.69144 5.75098 45 7/25/2009 6/23/2009 4.69502 4.75848 5.69502 5.75848 46 8/25/2009 7/23/2009 4.69837 4.76239 5.69837 5.76239 47 9/25/2009 8/23/2009 4.69960 4.76558 5.69960 5.76558 48 10/25/2009 9/23/2009 4.70436 4.77030 5.70436 5.77030 49 11/25/2009 10/23/2009 4.70948 4.77409 5.70948 5.77409 50 12/25/2009 11/23/2009 4.73867 4.77899 5.73867 5.77899 51 1/25/2010 12/23/2009 4.71683 4.77805 5.71683 5.77805 52 2/25/2010 1/23/2010 4.71983 4.78158 5.71983 5.78158 53 3/25/2010 2/23/2010 4.72496 4.78686 5.72496 5.78686 54 4/25/2010 3/23/2010 4.72822 4.79191 5.72822 5.79191 55 5/25/2010 4/23/2010 4.73212 4.79592 5.73212 5.79592 56 6/25/2010 5/23/2010 4.73576 4.80005 5.73576 5.80005 57 7/25/2010 6/23/2010 4.73927 4.80668 5.73927 5.80668 58 8/25/2010 7/23/2010 4.74329 4.80993 5.74329 5.80993 59 9/25/2010 8/23/2010 4.74955 4.81289 5.74955 5.81289 60 10/25/2010 9/23/2010 4.75297 4.81648 5.75297 5.81648 61 11/25/2010 10/23/2010 4.75660 4.81967 5.75660 5.81967 62 12/25/2010 11/23/2010 4.78422 4.82434 5.78422 5.82434 63 1/25/2011 12/23/2010 4.76263 4.82322 5.76263 5.82322 64 2/25/2011 1/23/2011 4.76533 4.82771 5.76533 5.82771 65 3/25/2011 2/23/2011 4.77052 4.83358 5.77052 5.83358 66 4/25/2011 3/23/2011 4.77417 4.83785 5.77417 5.83785 67 5/25/2011 4/23/2011 4.77957 4.84282 5.77957 5.84282 68 6/25/2011 5/23/2011 4.78343 4.84791 5.78343 5.84791 69 7/25/2011 6/23/2011 4.78832 4.85655 5.78832 5.85655 70 8/25/2011 7/23/2011 4.79392 4.86192 5.79392 5.86192 71 9/25/2011 8/23/2011 4.79853 4.86514 5.79853 5.86514 72 10/25/2011 9/23/2011 4.80265 4.86975 5.80265 5.86975 73 11/25/2011 10/23/2011 4.80739 4.87414 5.80739 5.87414 74 12/25/2011 11/23/2011 4.83593 4.87993 5.83593 5.87993 75 1/25/2012 12/23/2011 4.81604 4.87994 5.81604 5.87994 76 2/25/2012 1/23/2012 4.81958 4.88639 5.81958 5.88639 77 3/25/2012 2/23/2012 4.82501 4.89220 5.82501 5.89220 78 4/25/2012 3/23/2012 4.82982 4.89854 5.82982 5.89854 79 5/25/2012 4/23/2012 4.83573 4.90562 5.83573 5.90562 80 6/25/2012 5/23/2012 4.84126 4.91212 5.84126 5.91212 81 7/25/2012 6/23/2012 4.84903 4.92020 5.84903 5.92020 82 8/25/2012 7/23/2012 4.85492 4.92731 5.85492 5.92731 83 9/25/2012 8/23/2012 4.86089 4.93180 5.86089 5.93180 84 10/25/2012 9/23/2012 4.86801 4.93823 5.86801 5.93823 85 11/25/2012 10/23/2012 4.87401 4.94491 5.87401 5.94491 86 12/25/2012 11/23/2012 4.89293 4.95044 5.89293 5.95044 87 1/25/2013 12/23/2012 4.88573 4.95324 5.88573 5.95324 88 2/25/2013 1/23/2013 4.89034 4.95981 5.89034 5.95981 89 3/25/2013 2/23/2013 4.89683 4.96529 5.89683 5.96529 90 4/25/2013 3/23/2013 4.90333 4.97036 5.90333 5.97036 91 5/25/2013 4/23/2013 4.90838 4.97711 5.90838 5.97711 92 6/25/2013 5/23/2013 4.91286 4.98217 5.91286 5.98217 93 7/25/2013 6/23/2013 4.91926 4.99025 5.91926 5.99025 94 8/25/2013 7/23/2013 4.92394 4.99548 5.92394 5.99548 95 9/25/2013 8/23/2013 4.92834 4.99959 5.92834 5.99959 96 10/25/2013 9/23/2013 4.93443 5.00562 5.93443 6.00562 97 11/25/2013 10/23/2013 4.94082 5.01170 5.94082 6.01170 98 12/25/2013 11/23/2013 4.95912 5.01694 5.95912 6.01694 99 1/25/2014 12/23/2013 4.95196 5.02004 5.95196 6.02004 100 2/25/2014 1/23/2014 4.95578 5.02486 5.95578 6.02486 101 3/25/2014 2/23/2014 4.96185 5.03022 5.96185 6.03022 102 4/25/2014 3/23/2014 4.96741 5.03549 5.96741 6.03549 103 5/25/2014 4/23/2014 4.97212 5.04045 5.97212 6.04045 104 6/25/2014 5/23/2014 4.97620 5.04581 5.97620 6.04581 105 7/25/2014 6/23/2014 4.98154 5.05182 5.98154 6.05182 106 8/25/2014 7/23/2014 4.98575 5.05644 5.98575 6.05644 107 9/25/2014 8/23/2014 4.99042 5.05997 5.99042 6.05997 108 10/25/2014 9/23/2014 4.99548 5.06559 5.99548 6.06559 109 11/25/2014 10/23/2014 5.00102 5.07030 6.00102 6.07030 110 12/25/2014 11/23/2014 5.01797 5.07578 6.01797 6.07578 111 1/25/2015 12/23/2014 5.00966 5.07803 6.00966 6.07803 112 2/25/2015 1/23/2015 5.01312 5.08237 6.01312 6.08237 113 3/25/2015 2/23/2015 5.01966 5.08809 6.01966 6.08809 114 4/25/2015 3/23/2015 5.02353 5.09285 6.02353 6.09285 115 5/25/2015 4/23/2015 5.02846 5.09845 6.02846 6.09845 116 6/25/2015 5/23/2015 5.03351 5.10436 6.03351 6.10436 117 7/25/2015 6/23/2015 5.03797 5.10848 6.03797 6.10848 118 8/25/2015 7/23/2015 5.04238 5.11346 6.04238 6.11346 119 9/25/2015 8/23/2015 5.04743 5.11968 6.04743 6.11968 120 10/25/2015 9/23/2015 5.05362 5.12361 6.05362 6.12361 121 11/25/2015 10/23/2015 5.05999 5.12799 6.05999 6.12799 122 12/25/2015 11/23/2015 5.06452 5.13350 6.06452 6.13350 123 1/25/2016 12/23/2015 5.06888 5.13681 6.06888 6.13681 124 2/25/2016 1/23/2016 5.07445 5.14080 6.07445 6.14080 125 3/25/2016 2/23/2016 5.07823 5.14550 6.07823 6.14550 126 4/25/2016 3/23/2016 5.08134 5.14799 6.08134 6.14799 127 5/25/2016 4/23/2016 5.08621 5.15156 6.08621 6.15156 128 6/25/2016 5/23/2016 5.08860 5.15504 6.08860 6.15504 129 7/25/2016 6/23/2016 5.09179 5.15803 6.09179 6.15803 130 8/25/2016 7/23/2016 5.09496 5.16228 6.09496 6.16228 131 9/25/2016 8/23/2016 5.09683 5.16423 6.09683 6.16423 132 10/25/2016 9/23/2016 5.10058 5.16770 6.10058 6.16770 133 11/25/2016 10/23/2016 5.10518 5.17095 6.10518 6.17095 134 12/25/2016 11/23/2016 5.10911 5.17522 6.10911 6.17522 135 1/25/2017 12/23/2016 5.11239 5.17801 6.11239 6.17801 136 2/25/2017 1/23/2017 5.11409 5.18257 6.11409 6.18257 137 3/25/2017 2/23/2017 5.11851 5.18608 6.11851 6.18608 138 4/25/2017 3/23/2017 5.12132 5.18882 6.12132 6.18882 139 5/25/2017 4/23/2017 5.12543 5.19350 6.12543 6.19350 140 6/25/2017 5/23/2017 5.12802 5.19640 6.12802 6.19640 141 7/25/2017 6/23/2017 5.13149 5.19989 6.13149 6.19989 142 8/25/2017 7/23/2017 5.13469 5.20410 6.13469 6.20410 143 9/25/2017 8/23/2017 5.13921 5.20659 6.13921 6.20659 144 10/25/2017 9/23/2017 5.14456 5.21022 6.14456 6.21022 145 11/25/2017 10/23/2017 5.14766 5.21436 6.14766 6.21436 146 12/25/2017 11/23/2017 5.15266 5.21700 6.15266 6.21700 147 1/25/2018 12/23/2017 5.15555 5.21929 6.15555 6.21929 148 2/25/2018 1/23/2018 5.15723 5.22277 6.15723 6.22277 149 3/25/2018 2/23/2018 5.16117 5.22524 6.16117 6.22524 150 4/25/2018 3/23/2018 5.16336 5.22679 6.16336 6.22679 151 5/25/2018 4/23/2018 5.16609 5.22961 6.16609 6.22961 152 6/25/2018 5/23/2018 5.16778 5.23181 6.16778 6.23181 153 7/25/2018 6/23/2018 5.17112 5.23363 6.17112 6.23363 154 8/25/2018 7/23/2018 5.17157 5.23629 6.17157 6.23629 155 9/25/2018 8/23/2018 5.17241 5.23733 6.17241 6.23733 156 10/25/2018 9/23/2018 5.17610 5.24026 6.17610 6.24026 157 11/25/2018 10/23/2018 5.17893 5.24307 6.17893 6.24307 158 12/25/2018 11/23/2018 5.18214 5.24461 6.18214 6.24461 159 1/25/2019 12/23/2018 5.18401 5.24571 6.18401 6.24571 160 2/25/2019 1/23/2019 5.18489 5.24774 6.18489 6.24774 161 3/25/2019 2/23/2019 5.18768 5.24892 6.18768 6.24892 162 4/25/2019 3/23/2019 5.18987 5.24909 6.18987 6.24909 163 5/25/2019 4/23/2019 5.19018 5.25044 6.19018 6.25044 164 6/25/2019 5/23/2019 5.19041 5.25100 6.19041 6.25100 165 7/25/2019 6/23/2019 5.19188 5.25209 6.19188 6.25209 166 8/25/2019 7/23/2019 5.19110 5.25218 6.19110 6.25218 167 9/25/2019 8/23/2019 5.19051 5.25229 6.19051 6.25229 168 10/25/2019 9/23/2019 5.19214 5.25450 6.19214 6.25450 169 11/25/2019 10/23/2019 5.19409 5.25459 6.19409 6.25459 170 12/25/2019 11/23/2019 5.19499 5.25596 6.19499 6.25596 171 1/25/2020 12/23/2019 5.19597 5.25511 6.19597 6.25511 172 2/25/2020 1/23/2020 5.19586 5.25513 6.19586 6.25513 173 3/25/2020 2/23/2020 5.19780 5.25563 6.19780 6.25563 174 4/25/2020 3/23/2020 5.19684 5.25472 6.19684 6.25472 175 5/25/2020 4/23/2020 5.19710 5.25498 6.19710 6.25498 176 6/25/2020 5/23/2020 5.19709 5.25533 6.19709 6.25533 177 7/25/2020 6/23/2020 5.19603 5.25390 6.19603 6.25390 178 8/25/2020 7/23/2020 5.19514 5.25378 6.19514 6.25378 179 9/25/2020 8/23/2020 5.19341 5.25271 6.19341 6.25271 180 10/25/2020 9/23/2020 5.19394 5.25341 6.19394 6.25341 181 11/25/2020 10/23/2020 5.19510 5.25334 6.19510 6.25334 182 12/25/2020 11/23/2020 5.19437 5.25403 6.19437 6.25403 183 1/25/2021 12/23/2020 5.19466 5.25424 6.19466 6.25424 184 2/25/2021 1/23/2021 5.19382 5.25407 6.19382 6.25407 185 3/25/2021 2/23/2021 5.19557 5.25613 6.19557 6.25613 186 4/25/2021 3/23/2021 5.19504 5.25511 6.19504 6.25511 187 5/25/2021 4/23/2021 5.19559 5.25595 6.19559 6.25595 188 6/25/2021 5/23/2021 5.19573 5.25638 6.19573 6.25638 189 7/25/2021 6/23/2021 5.19584 5.25563 6.19584 6.25563 190 8/25/2021 7/23/2021 5.19665 5.25559 6.19665 6.25559 191 9/25/2021 8/23/2021 5.19555 5.25476 6.19555 6.25476 192 10/25/2021 9/23/2021 5.19629 5.25466 6.19629 6.25466 193 11/25/2021 10/23/2021 5.19623 5.25412 6.19623 6.25412 194 12/25/2021 11/23/2021 5.19576 5.25430 6.19576 6.25430 195 1/25/2022 12/23/2021 5.19565 5.25371 6.19565 6.25371 196 2/25/2022 1/23/2022 5.19436 5.25344 6.19436 6.25344 197 3/25/2022 2/23/2022 5.19529 5.25466 6.19529 6.25466 198 4/25/2022 3/23/2022 5.19467 5.25356 6.19467 6.25356 199 5/25/2022 4/23/2022 5.19551 5.25356 6.19551 6.25356 200 6/25/2022 5/23/2022 5.19406 5.25310 6.19406 6.25310 201 7/25/2022 6/23/2022 5.19410 5.25268 6.19410 6.25268 202 8/25/2022 7/23/2022 5.19406 5.25291 6.19406 6.25291 203 9/25/2022 8/23/2022 5.19288 5.25086 6.19288 6.25086 204 10/25/2022 9/23/2022 5.19279 5.25031 6.19279 6.25031 205 11/25/2022 10/23/2022 5.19301 5.24931 6.19301 6.24931 206 12/25/2022 11/23/2022 5.19241 5.24897 6.19241 6.24897 207 1/25/2023 12/23/2022 5.19187 5.24796 6.19187 6.24796 208 2/25/2023 1/23/2023 5.18938 5.24790 6.18938 6.24790 209 3/25/2023 2/23/2023 5.18985 5.24755 6.18985 6.24755 210 4/25/2023 3/23/2023 5.18883 5.24641 6.18883 6.24641 211 5/25/2023 4/23/2023 5.18882 5.24666 6.18882 6.24666 212 6/25/2023 5/23/2023 5.18729 5.24500 6.18729 6.24500 213 7/25/2023 6/23/2023 5.18687 5.24411 6.18687 6.24411 214 8/25/2023 7/23/2023 5.18601 5.24349 6.18601 6.24349 215 9/25/2023 8/23/2023 5.18474 5.24138 6.18474 6.24138 216 10/25/2023 9/23/2023 5.18490 5.24071 6.18490 6.24071 217 11/25/2023 10/23/2023 5.18278 5.23953 6.18278 6.23953 218 12/25/2023 11/23/2023 5.18285 5.23842 6.18285 6.23842 219 1/25/2024 12/23/2023 5.18150 5.23696 6.18150 6.23696 220 2/25/2024 1/23/2024 5.17930 5.23605 6.17930 6.23605 221 3/25/2024 2/23/2024 5.17898 5.23526 6.17898 6.23526 222 4/25/2024 3/23/2024 5.17851 5.23360 6.17851 6.23360 223 5/25/2024 4/23/2024 5.17651 5.23288 6.17651 6.23288 224 6/25/2024 5/23/2024 5.17502 5.23163 6.17502 6.23163 225 7/25/2024 6/23/2024 5.17482 5.23060 6.17482 6.23060 226 8/25/2024 7/23/2024 5.17269 5.22834 6.17269 6.22834 227 9/25/2024 8/23/2024 5.17106 5.22588 6.17106 6.22588 228 10/25/2024 9/23/2024 5.17004 5.22473 6.17004 6.22473 229 11/25/2024 10/23/2024 5.16894 5.22350 6.16894 6.22350 230 12/25/2024 11/23/2024 5.16705 5.22148 6.16705 6.22148 231 1/25/2025 12/23/2024 5.16552 5.21981 6.16552 6.21981 232 2/25/2025 1/23/2025 5.16302 5.21822 6.16302 6.21822 233 3/25/2025 2/23/2025 5.16260 5.21734 6.16260 6.21734 234 4/25/2025 3/23/2025 5.16130 5.21591 6.16130 6.21591 235 5/25/2025 4/23/2025 5.15922 5.21413 6.15922 6.21413 236 6/25/2025 5/23/2025 5.15726 5.21327 6.15726 6.21327 237 7/25/2025 6/23/2025 5.15624 5.21103 6.15624 6.21103 238 8/25/2025 7/23/2025 5.15404 5.20913 6.15404 6.20913 239 9/25/2025 8/23/2025 5.15142 5.20670 6.15142 6.20670 240 10/25/2025 9/23/2025 5.14998 5.20568 6.14998 6.20568 241 11/25/2025 10/23/2025 5.14947 5.20447 6.14947 6.20447 242 12/25/2025 11/23/2025 5.14702 5.20305 6.14702 6.20305 243 1/25/2026 12/23/2025 5.14587 5.20189 6.14587 6.20189 244 2/25/2026 1/23/2026 5.14360 5.20030 6.14360 6.20030 245 3/25/2026 2/23/2026 5.14420 5.20020 6.14420 6.20020 246 4/25/2026 3/23/2026 5.14182 5.19851 6.14182 6.19851 247 5/25/2026 4/23/2026 5.14100 5.19768 6.14100 6.19768 248 6/25/2026 5/23/2026 5.14014 5.19717 6.14014 6.19717 249 7/25/2026 6/23/2026 5.13852 5.19519 6.13852 6.19519 250 8/25/2026 7/23/2026 5.13738 5.19403 6.13738 6.19403 251 9/25/2026 8/23/2026 5.13616 5.19175 6.13616 6.19175 252 10/25/2026 9/23/2026 5.13494 5.19088 6.13494 6.19088 253 11/25/2026 10/23/2026 5.13447 5.18935 6.13447 6.18935 254 12/25/2026 11/23/2026 5.13250 5.18842 6.13250 6.18842 255 1/25/2027 12/23/2026 5.13142 5.18733 6.13142 6.18733 256 2/25/2027 1/23/2027 5.12920 5.18579 6.12920 6.18579 257 3/25/2027 2/23/2027 5.12952 5.18647 6.12952 6.18647 258 4/25/2027 3/23/2027 5.12762 5.18420 6.12762 6.18420 259 5/25/2027 4/23/2027 5.12688 5.18346 6.12688 6.18346 260 6/25/2027 5/23/2027 5.12572 5.18335 6.12572 6.18335 261 7/25/2027 6/23/2027 5.12457 5.18114 6.12457 6.18114 262 8/25/2027 7/23/2027 5.12415 5.18002 6.12415 6.18002 263 9/25/2027 8/23/2027 5.12191 5.17811 6.12191 6.17811 264 10/25/2027 9/23/2027 5.12123 5.17743 6.12123 6.17743 265 11/25/2027 10/23/2027 5.12115 5.17595 6.12115 6.17595 266 12/25/2027 11/23/2027 5.11958 5.17507 6.11958 6.17507 267 1/25/2028 12/23/2027 5.11792 5.17375 6.11792 6.17375 268 2/25/2028 1/23/2028 5.11682 5.17265 6.11682 6.17265 269 3/25/2028 2/23/2028 5.11573 5.17225 6.11573 6.17225 270 4/25/2028 3/23/2028 5.11437 5.17088 6.11437 6.17088 271 5/25/2028 4/23/2028 5.11401 5.17088 6.11401 6.17088 272 6/25/2028 5/23/2028 5.11222 5.16906 6.11222 6.16906 273 7/25/2028 6/23/2028 5.11156 5.16806 6.11156 6.16806 274 8/25/2028 7/23/2028 5.11051 5.16735 6.11051 6.16735 275 9/25/2028 8/23/2028 5.10911 5.16524 6.10911 6.16524 276 10/25/2028 9/23/2028 5.10913 5.16422 6.10913 6.16422 277 11/25/2028 10/23/2028 5.10699 5.16347 6.10699 6.16347 278 12/25/2028 11/23/2028 5.10703 5.16211 6.10703 6.16211 279 1/25/2029 12/23/2028 5.10573 5.16080 6.10573 6.16080 280 2/25/2029 1/23/2029 5.10330 5.16045 6.10330 6.16045 281 3/25/2029 2/23/2029 5.10343 5.15989 6.10343 6.15989 282 4/25/2029 3/23/2029 5.10211 5.15856 6.10211 6.15856 283 5/25/2029 4/23/2029 5.10149 5.15829 6.10149 6.15829 284 6/25/2029 5/23/2029 5.10016 5.15730 6.10016 6.15730 285 7/25/2029 6/23/2029 5.10059 5.15600 6.10059 6.15600 286 8/25/2029 7/23/2029 5.09848 5.15493 6.09848 6.15493 287 9/25/2029 8/23/2029 5.09727 5.15300 6.09727 6.15300 288 10/25/2029 9/23/2029 5.09703 5.15242 6.09703 6.15242 289 11/25/2029 10/23/2029 5.09570 5.15178 6.09570 6.15178 290 12/25/2029 11/23/2029 5.09510 5.15048 6.09510 6.15048 291 1/25/2030 12/23/2029 5.09387 5.14925 6.09387 6.14925 292 2/25/2030 1/23/2030 5.09191 5.14902 6.09191 6.14902 293 3/25/2030 2/23/2030 5.09211 5.14853 6.09211 6.14853 294 4/25/2030 3/23/2030 5.09188 5.14726 6.09188 6.14726 295 5/25/2030 4/23/2030 5.09022 5.14659 6.09022 6.14659 296 6/25/2030 5/23/2030 5.08906 5.14605 6.08906 6.14605 297 7/25/2030 6/23/2030 5.08922 5.14540 6.08922 6.14540 298 8/25/2030 7/23/2030 5.08759 5.14357 6.08759 6.14357 299 9/25/2030 8/23/2030 5.08637 5.14149 6.08637 6.14149 300 10/25/2030 9/23/2030 5.08567 5.14073 6.08567 6.14073 301 11/25/2030 10/23/2030 5.08488 5.13992 6.08488 6.13992 302 12/25/2030 11/23/2030 5.08337 5.13838 6.08337 6.13838 303 1/25/2031 12/23/2030 5.08223 5.13723 6.08223 6.13723 304 2/25/2031 1/23/2031 5.08016 5.13615 6.08016 6.13615 305 3/25/2031 2/23/2031 5.08016 5.13580 6.08016 6.13580 306 4/25/2031 3/23/2031 5.07937 5.13500 6.07937 6.13500 307 5/25/2031 4/23/2031 5.07787 5.13347 6.07787 6.13347 308 6/25/2031 5/23/2031 5.07647 5.13343 6.07647 6.13343 309 7/25/2031 6/23/2031 5.07607 5.13163 6.07607 6.13163 310 8/25/2031 7/23/2031 5.07457 5.13011 6.07457 6.13011 311 9/25/2031 8/23/2031 5.07382 5.12832 6.07382 6.12832 312 10/25/2031 9/23/2031 5.07233 5.12748 6.07233 6.12748 313 11/25/2031 10/23/2031 5.07230 5.12607 6.07230 6.12607 314 12/25/2031 11/23/2031 5.07006 5.12517 6.07006 6.12517 315 1/25/2032 12/23/2031 5.06905 5.12380 6.06905 6.12380 316 2/25/2032 1/23/2032 5.06729 5.12270 6.06729 6.12270 317 3/25/2032 2/23/2032 5.06727 5.12301 6.06727 6.12301 318 4/25/2032 3/23/2032 5.06544 5.12081 6.06544 6.12081 319 5/25/2032 4/23/2032 5.06474 5.12010 6.06474 6.12010 320 6/25/2032 5/23/2032 5.06363 5.12000 6.06363 6.12000 321 7/25/2032 6/23/2032 5.06253 5.11784 6.06253 6.11784 322 8/25/2032 7/23/2032 5.06213 5.11675 6.06213 6.11675 323 9/25/2032 8/23/2032 5.05994 5.11487 6.05994 6.11487 324 10/25/2032 9/23/2032 5.05928 5.11385 6.05928 6.11385 325 11/25/2032 10/23/2032 5.05919 5.11239 6.05919 6.11239 326 12/25/2032 11/23/2032 5.05765 5.11150 6.05765 6.11150 327 1/25/2033 12/23/2032 5.05601 5.11019 6.05601 6.11019 328 2/25/2033 1/23/2033 5.05391 5.10907 6.05391 6.10907 329 3/25/2033 2/23/2033 5.05393 5.10942 6.05393 6.10942 330 4/25/2033 3/23/2033 5.05249 5.10763 6.05249 6.10763 331 5/25/2033 4/23/2033 5.05244 5.10689 6.05244 6.10689 332 6/25/2033 5/23/2033 5.05027 5.10570 6.05027 6.10570 333 7/25/2033 6/23/2033 5.04962 5.10470 6.04962 6.10470 334 8/25/2033 7/23/2033 5.04887 5.10427 6.04887 6.10427 335 9/25/2033 8/23/2033 5.04707 5.10176 6.04707 6.10176 336 10/25/2033 9/23/2033 5.04639 5.10073 6.04639 6.10073 337 11/25/2033 10/23/2033 5.04598 5.09928 6.04598 6.09928 338 12/25/2033 11/23/2033 5.04482 5.09845 6.04482 6.09845 339 1/25/2034 12/23/2033 5.04384 5.09711 6.04384 6.09711 340 2/25/2034 1/23/2034 5.04101 5.09662 6.04101 6.09662 341 3/25/2034 2/23/2034 5.04104 5.09596 6.04104 6.09596 342 4/25/2034 3/23/2034 5.03970 5.09459 6.03970 6.09459 343 5/25/2034 4/23/2034 5.03932 5.09455 6.03932 6.09455 344 6/25/2034 5/23/2034 5.03754 5.09274 6.03754 6.09274 345 7/25/2034 6/23/2034 5.03687 5.09171 6.03687 6.09171 346 8/25/2034 7/23/2034 5.03580 5.09096 6.03580 6.09096 347 9/25/2034 8/23/2034 5.03439 5.08885 6.03439 6.08885 348 10/25/2034 9/23/2034 5.03436 5.08779 6.03436 6.08779 349 11/25/2034 10/23/2034 5.03222 5.08664 6.03222 6.08664 350 12/25/2034 11/23/2034 5.03218 5.08558 6.03218 6.08558 351 1/25/2035 12/23/2034 5.03085 5.08423 6.03085 6.08423 352 2/25/2035 1/23/2035 5.02842 5.08345 6.02842 6.08345 353 3/25/2035 2/23/2035 5.02845 5.08314 6.02845 6.08314 354 4/25/2035 3/23/2035 5.02709 5.08175 6.02709 6.08175 355 5/25/2035 4/23/2035 5.02640 5.08132 6.02640 6.08132 356 6/25/2035 5/23/2035 5.02500 5.07945 6.02500 6.07945 357 7/25/2035 6/23/2035 5.02498 5.07856 6.02498 6.07856 358 8/25/2035 7/23/2035 5.02319 5.07715 6.02319 6.07715 359 9/25/2035 8/23/2035 5.02182 5.07519 6.02182 6.07519 360 10/25/2035 9/23/2035 5.02115 5.07413 6.02115 6.07413 FWD + 200 ------------------------------------------------------------------------- Payment Date Rate CalculationDate LIBOR_1MO Vector LIBOR_6MO Vector ========================================================================= 1 11/25/2005 10/25/2005 6.17147 6.44789 2 12/25/2005 11/23/2005 6.30429 6.52764 3 1/25/2006 12/23/2005 6.41325 6.57484 4 2/25/2006 1/23/2006 6.45486 6.61580 5 3/25/2006 2/23/2006 6.53257 6.64366 6 4/25/2006 3/23/2006 6.55877 6.65845 7 5/25/2006 4/23/2006 6.58253 6.67189 8 6/25/2006 5/23/2006 6.60862 6.67891 9 7/25/2006 6/23/2006 6.62233 6.68528 10 8/25/2006 7/23/2006 6.62753 6.68435 11 9/25/2006 8/23/2006 6.63356 6.68062 12 10/25/2006 9/23/2006 6.63643 6.67363 13 11/25/2006 10/23/2006 6.62879 6.66657 14 12/25/2006 11/23/2006 6.64678 6.66087 15 1/25/2007 12/23/2006 6.61753 6.65168 16 2/25/2007 1/23/2007 6.60991 6.64808 17 3/25/2007 2/23/2007 6.60231 6.64619 18 4/25/2007 3/23/2007 6.59653 6.64691 19 5/25/2007 4/23/2007 6.59612 6.64827 20 6/25/2007 5/23/2007 6.59471 6.64983 21 7/25/2007 6/23/2007 6.59512 6.65402 22 8/25/2007 7/23/2007 6.59691 6.65754 23 9/25/2007 8/23/2007 6.59797 6.65995 24 10/25/2007 9/23/2007 6.60091 6.66394 25 11/25/2007 10/23/2007 6.60480 6.66816 26 12/25/2007 11/23/2007 6.62152 6.67232 27 1/25/2008 12/23/2007 6.61226 6.67372 28 2/25/2008 1/23/2008 6.61543 6.67855 29 3/25/2008 2/23/2008 6.61997 6.68327 30 4/25/2008 3/23/2008 6.62460 6.68535 31 5/25/2008 4/23/2008 6.62884 6.69061 32 6/25/2008 5/23/2008 6.63281 6.69636 33 7/25/2008 6/23/2008 6.63824 6.70300 34 8/25/2008 7/23/2008 6.64305 6.70827 35 9/25/2008 8/23/2008 6.64791 6.71243 36 10/25/2008 9/23/2008 6.65383 6.71836 37 11/25/2008 10/23/2008 6.65988 6.72319 38 12/25/2008 11/23/2008 6.67740 6.72860 39 1/25/2009 12/23/2008 6.66930 6.73062 40 2/25/2009 1/23/2009 6.67295 6.73457 41 3/25/2009 2/23/2009 6.67912 6.73953 42 4/25/2009 3/23/2009 6.68278 6.74179 43 5/25/2009 4/23/2009 6.68715 6.74630 44 6/25/2009 5/23/2009 6.69144 6.75098 45 7/25/2009 6/23/2009 6.69502 6.75848 46 8/25/2009 7/23/2009 6.69837 6.76239 47 9/25/2009 8/23/2009 6.69960 6.76558 48 10/25/2009 9/23/2009 6.70436 6.77030 49 11/25/2009 10/23/2009 6.70948 6.77409 50 12/25/2009 11/23/2009 6.73867 6.77899 51 1/25/2010 12/23/2009 6.71683 6.77805 52 2/25/2010 1/23/2010 6.71983 6.78158 53 3/25/2010 2/23/2010 6.72496 6.78686 54 4/25/2010 3/23/2010 6.72822 6.79191 55 5/25/2010 4/23/2010 6.73212 6.79592 56 6/25/2010 5/23/2010 6.73576 6.80005 57 7/25/2010 6/23/2010 6.73927 6.80668 58 8/25/2010 7/23/2010 6.74329 6.80993 59 9/25/2010 8/23/2010 6.74955 6.81289 60 10/25/2010 9/23/2010 6.75297 6.81648 61 11/25/2010 10/23/2010 6.75660 6.81967 62 12/25/2010 11/23/2010 6.78422 6.82434 63 1/25/2011 12/23/2010 6.76263 6.82322 64 2/25/2011 1/23/2011 6.76533 6.82771 65 3/25/2011 2/23/2011 6.77052 6.83358 66 4/25/2011 3/23/2011 6.77417 6.83785 67 5/25/2011 4/23/2011 6.77957 6.84282 68 6/25/2011 5/23/2011 6.78343 6.84791 69 7/25/2011 6/23/2011 6.78832 6.85655 70 8/25/2011 7/23/2011 6.79392 6.86192 71 9/25/2011 8/23/2011 6.79853 6.86514 72 10/25/2011 9/23/2011 6.80265 6.86975 73 11/25/2011 10/23/2011 6.80739 6.87414 74 12/25/2011 11/23/2011 6.83593 6.87993 75 1/25/2012 12/23/2011 6.81604 6.87994 76 2/25/2012 1/23/2012 6.81958 6.88639 77 3/25/2012 2/23/2012 6.82501 6.89220 78 4/25/2012 3/23/2012 6.82982 6.89854 79 5/25/2012 4/23/2012 6.83573 6.90562 80 6/25/2012 5/23/2012 6.84126 6.91212 81 7/25/2012 6/23/2012 6.84903 6.92020 82 8/25/2012 7/23/2012 6.85492 6.92731 83 9/25/2012 8/23/2012 6.86089 6.93180 84 10/25/2012 9/23/2012 6.86801 6.93823 85 11/25/2012 10/23/2012 6.87401 6.94491 86 12/25/2012 11/23/2012 6.89293 6.95044 87 1/25/2013 12/23/2012 6.88573 6.95324 88 2/25/2013 1/23/2013 6.89034 6.95981 89 3/25/2013 2/23/2013 6.89683 6.96529 90 4/25/2013 3/23/2013 6.90333 6.97036 91 5/25/2013 4/23/2013 6.90838 6.97711 92 6/25/2013 5/23/2013 6.91286 6.98217 93 7/25/2013 6/23/2013 6.91926 6.99025 94 8/25/2013 7/23/2013 6.92394 6.99548 95 9/25/2013 8/23/2013 6.92834 6.99959 96 10/25/2013 9/23/2013 6.93443 7.00562 97 11/25/2013 10/23/2013 6.94082 7.01170 98 12/25/2013 11/23/2013 6.95912 7.01694 99 1/25/2014 12/23/2013 6.95196 7.02004 100 2/25/2014 1/23/2014 6.95578 7.02486 101 3/25/2014 2/23/2014 6.96185 7.03022 102 4/25/2014 3/23/2014 6.96741 7.03549 103 5/25/2014 4/23/2014 6.97212 7.04045 104 6/25/2014 5/23/2014 6.97620 7.04581 105 7/25/2014 6/23/2014 6.98154 7.05182 106 8/25/2014 7/23/2014 6.98575 7.05644 107 9/25/2014 8/23/2014 6.99042 7.05997 108 10/25/2014 9/23/2014 6.99548 7.06559 109 11/25/2014 10/23/2014 7.00102 7.07030 110 12/25/2014 11/23/2014 7.01797 7.07578 111 1/25/2015 12/23/2014 7.00966 7.07803 112 2/25/2015 1/23/2015 7.01312 7.08237 113 3/25/2015 2/23/2015 7.01966 7.08809 114 4/25/2015 3/23/2015 7.02353 7.09285 115 5/25/2015 4/23/2015 7.02846 7.09845 116 6/25/2015 5/23/2015 7.03351 7.10436 117 7/25/2015 6/23/2015 7.03797 7.10848 118 8/25/2015 7/23/2015 7.04238 7.11346 119 9/25/2015 8/23/2015 7.04743 7.11968 120 10/25/2015 9/23/2015 7.05362 7.12361 121 11/25/2015 10/23/2015 7.05999 7.12799 122 12/25/2015 11/23/2015 7.06452 7.13350 123 1/25/2016 12/23/2015 7.06888 7.13681 124 2/25/2016 1/23/2016 7.07445 7.14080 125 3/25/2016 2/23/2016 7.07823 7.14550 126 4/25/2016 3/23/2016 7.08134 7.14799 127 5/25/2016 4/23/2016 7.08621 7.15156 128 6/25/2016 5/23/2016 7.08860 7.15504 129 7/25/2016 6/23/2016 7.09179 7.15803 130 8/25/2016 7/23/2016 7.09496 7.16228 131 9/25/2016 8/23/2016 7.09683 7.16423 132 10/25/2016 9/23/2016 7.10058 7.16770 133 11/25/2016 10/23/2016 7.10518 7.17095 134 12/25/2016 11/23/2016 7.10911 7.17522 135 1/25/2017 12/23/2016 7.11239 7.17801 136 2/25/2017 1/23/2017 7.11409 7.18257 137 3/25/2017 2/23/2017 7.11851 7.18608 138 4/25/2017 3/23/2017 7.12132 7.18882 139 5/25/2017 4/23/2017 7.12543 7.19350 140 6/25/2017 5/23/2017 7.12802 7.19640 141 7/25/2017 6/23/2017 7.13149 7.19989 142 8/25/2017 7/23/2017 7.13469 7.20410 143 9/25/2017 8/23/2017 7.13921 7.20659 144 10/25/2017 9/23/2017 7.14456 7.21022 145 11/25/2017 10/23/2017 7.14766 7.21436 146 12/25/2017 11/23/2017 7.15266 7.21700 147 1/25/2018 12/23/2017 7.15555 7.21929 148 2/25/2018 1/23/2018 7.15723 7.22277 149 3/25/2018 2/23/2018 7.16117 7.22524 150 4/25/2018 3/23/2018 7.16336 7.22679 151 5/25/2018 4/23/2018 7.16609 7.22961 152 6/25/2018 5/23/2018 7.16778 7.23181 153 7/25/2018 6/23/2018 7.17112 7.23363 154 8/25/2018 7/23/2018 7.17157 7.23629 155 9/25/2018 8/23/2018 7.17241 7.23733 156 10/25/2018 9/23/2018 7.17610 7.24026 157 11/25/2018 10/23/2018 7.17893 7.24307 158 12/25/2018 11/23/2018 7.18214 7.24461 159 1/25/2019 12/23/2018 7.18401 7.24571 160 2/25/2019 1/23/2019 7.18489 7.24774 161 3/25/2019 2/23/2019 7.18768 7.24892 162 4/25/2019 3/23/2019 7.18987 7.24909 163 5/25/2019 4/23/2019 7.19018 7.25044 164 6/25/2019 5/23/2019 7.19041 7.25100 165 7/25/2019 6/23/2019 7.19188 7.25209 166 8/25/2019 7/23/2019 7.19110 7.25218 167 9/25/2019 8/23/2019 7.19051 7.25229 168 10/25/2019 9/23/2019 7.19214 7.25450 169 11/25/2019 10/23/2019 7.19409 7.25459 170 12/25/2019 11/23/2019 7.19499 7.25596 171 1/25/2020 12/23/2019 7.19597 7.25511 172 2/25/2020 1/23/2020 7.19586 7.25513 173 3/25/2020 2/23/2020 7.19780 7.25563 174 4/25/2020 3/23/2020 7.19684 7.25472 175 5/25/2020 4/23/2020 7.19710 7.25498 176 6/25/2020 5/23/2020 7.19709 7.25533 177 7/25/2020 6/23/2020 7.19603 7.25390 178 8/25/2020 7/23/2020 7.19514 7.25378 179 9/25/2020 8/23/2020 7.19341 7.25271 180 10/25/2020 9/23/2020 7.19394 7.25341 181 11/25/2020 10/23/2020 7.19510 7.25334 182 12/25/2020 11/23/2020 7.19437 7.25403 183 1/25/2021 12/23/2020 7.19466 7.25424 184 2/25/2021 1/23/2021 7.19382 7.25407 185 3/25/2021 2/23/2021 7.19557 7.25613 186 4/25/2021 3/23/2021 7.19504 7.25511 187 5/25/2021 4/23/2021 7.19559 7.25595 188 6/25/2021 5/23/2021 7.19573 7.25638 189 7/25/2021 6/23/2021 7.19584 7.25563 190 8/25/2021 7/23/2021 7.19665 7.25559 191 9/25/2021 8/23/2021 7.19555 7.25476 192 10/25/2021 9/23/2021 7.19629 7.25466 193 11/25/2021 10/23/2021 7.19623 7.25412 194 12/25/2021 11/23/2021 7.19576 7.25430 195 1/25/2022 12/23/2021 7.19565 7.25371 196 2/25/2022 1/23/2022 7.19436 7.25344 197 3/25/2022 2/23/2022 7.19529 7.25466 198 4/25/2022 3/23/2022 7.19467 7.25356 199 5/25/2022 4/23/2022 7.19551 7.25356 200 6/25/2022 5/23/2022 7.19406 7.25310 201 7/25/2022 6/23/2022 7.19410 7.25268 202 8/25/2022 7/23/2022 7.19406 7.25291 203 9/25/2022 8/23/2022 7.19288 7.25086 204 10/25/2022 9/23/2022 7.19279 7.25031 205 11/25/2022 10/23/2022 7.19301 7.24931 206 12/25/2022 11/23/2022 7.19241 7.24897 207 1/25/2023 12/23/2022 7.19187 7.24796 208 2/25/2023 1/23/2023 7.18938 7.24790 209 3/25/2023 2/23/2023 7.18985 7.24755 210 4/25/2023 3/23/2023 7.18883 7.24641 211 5/25/2023 4/23/2023 7.18882 7.24666 212 6/25/2023 5/23/2023 7.18729 7.24500 213 7/25/2023 6/23/2023 7.18687 7.24411 214 8/25/2023 7/23/2023 7.18601 7.24349 215 9/25/2023 8/23/2023 7.18474 7.24138 216 10/25/2023 9/23/2023 7.18490 7.24071 217 11/25/2023 10/23/2023 7.18278 7.23953 218 12/25/2023 11/23/2023 7.18285 7.23842 219 1/25/2024 12/23/2023 7.18150 7.23696 220 2/25/2024 1/23/2024 7.17930 7.23605 221 3/25/2024 2/23/2024 7.17898 7.23526 222 4/25/2024 3/23/2024 7.17851 7.23360 223 5/25/2024 4/23/2024 7.17651 7.23288 224 6/25/2024 5/23/2024 7.17502 7.23163 225 7/25/2024 6/23/2024 7.17482 7.23060 226 8/25/2024 7/23/2024 7.17269 7.22834 227 9/25/2024 8/23/2024 7.17106 7.22588 228 10/25/2024 9/23/2024 7.17004 7.22473 229 11/25/2024 10/23/2024 7.16894 7.22350 230 12/25/2024 11/23/2024 7.16705 7.22148 231 1/25/2025 12/23/2024 7.16552 7.21981 232 2/25/2025 1/23/2025 7.16302 7.21822 233 3/25/2025 2/23/2025 7.16260 7.21734 234 4/25/2025 3/23/2025 7.16130 7.21591 235 5/25/2025 4/23/2025 7.15922 7.21413 236 6/25/2025 5/23/2025 7.15726 7.21327 237 7/25/2025 6/23/2025 7.15624 7.21103 238 8/25/2025 7/23/2025 7.15404 7.20913 239 9/25/2025 8/23/2025 7.15142 7.20670 240 10/25/2025 9/23/2025 7.14998 7.20568 241 11/25/2025 10/23/2025 7.14947 7.20447 242 12/25/2025 11/23/2025 7.14702 7.20305 243 1/25/2026 12/23/2025 7.14587 7.20189 244 2/25/2026 1/23/2026 7.14360 7.20030 245 3/25/2026 2/23/2026 7.14420 7.20020 246 4/25/2026 3/23/2026 7.14182 7.19851 247 5/25/2026 4/23/2026 7.14100 7.19768 248 6/25/2026 5/23/2026 7.14014 7.19717 249 7/25/2026 6/23/2026 7.13852 7.19519 250 8/25/2026 7/23/2026 7.13738 7.19403 251 9/25/2026 8/23/2026 7.13616 7.19175 252 10/25/2026 9/23/2026 7.13494 7.19088 253 11/25/2026 10/23/2026 7.13447 7.18935 254 12/25/2026 11/23/2026 7.13250 7.18842 255 1/25/2027 12/23/2026 7.13142 7.18733 256 2/25/2027 1/23/2027 7.12920 7.18579 257 3/25/2027 2/23/2027 7.12952 7.18647 258 4/25/2027 3/23/2027 7.12762 7.18420 259 5/25/2027 4/23/2027 7.12688 7.18346 260 6/25/2027 5/23/2027 7.12572 7.18335 261 7/25/2027 6/23/2027 7.12457 7.18114 262 8/25/2027 7/23/2027 7.12415 7.18002 263 9/25/2027 8/23/2027 7.12191 7.17811 264 10/25/2027 9/23/2027 7.12123 7.17743 265 11/25/2027 10/23/2027 7.12115 7.17595 266 12/25/2027 11/23/2027 7.11958 7.17507 267 1/25/2028 12/23/2027 7.11792 7.17375 268 2/25/2028 1/23/2028 7.11682 7.17265 269 3/25/2028 2/23/2028 7.11573 7.17225 270 4/25/2028 3/23/2028 7.11437 7.17088 271 5/25/2028 4/23/2028 7.11401 7.17088 272 6/25/2028 5/23/2028 7.11222 7.16906 273 7/25/2028 6/23/2028 7.11156 7.16806 274 8/25/2028 7/23/2028 7.11051 7.16735 275 9/25/2028 8/23/2028 7.10911 7.16524 276 10/25/2028 9/23/2028 7.10913 7.16422 277 11/25/2028 10/23/2028 7.10699 7.16347 278 12/25/2028 11/23/2028 7.10703 7.16211 279 1/25/2029 12/23/2028 7.10573 7.16080 280 2/25/2029 1/23/2029 7.10330 7.16045 281 3/25/2029 2/23/2029 7.10343 7.15989 282 4/25/2029 3/23/2029 7.10211 7.15856 283 5/25/2029 4/23/2029 7.10149 7.15829 284 6/25/2029 5/23/2029 7.10016 7.15730 285 7/25/2029 6/23/2029 7.10059 7.15600 286 8/25/2029 7/23/2029 7.09848 7.15493 287 9/25/2029 8/23/2029 7.09727 7.15300 288 10/25/2029 9/23/2029 7.09703 7.15242 289 11/25/2029 10/23/2029 7.09570 7.15178 290 12/25/2029 11/23/2029 7.09510 7.15048 291 1/25/2030 12/23/2029 7.09387 7.14925 292 2/25/2030 1/23/2030 7.09191 7.14902 293 3/25/2030 2/23/2030 7.09211 7.14853 294 4/25/2030 3/23/2030 7.09188 7.14726 295 5/25/2030 4/23/2030 7.09022 7.14659 296 6/25/2030 5/23/2030 7.08906 7.14605 297 7/25/2030 6/23/2030 7.08922 7.14540 298 8/25/2030 7/23/2030 7.08759 7.14357 299 9/25/2030 8/23/2030 7.08637 7.14149 300 10/25/2030 9/23/2030 7.08567 7.14073 301 11/25/2030 10/23/2030 7.08488 7.13992 302 12/25/2030 11/23/2030 7.08337 7.13838 303 1/25/2031 12/23/2030 7.08223 7.13723 304 2/25/2031 1/23/2031 7.08016 7.13615 305 3/25/2031 2/23/2031 7.08016 7.13580 306 4/25/2031 3/23/2031 7.07937 7.13500 307 5/25/2031 4/23/2031 7.07787 7.13347 308 6/25/2031 5/23/2031 7.07647 7.13343 309 7/25/2031 6/23/2031 7.07607 7.13163 310 8/25/2031 7/23/2031 7.07457 7.13011 311 9/25/2031 8/23/2031 7.07382 7.12832 312 10/25/2031 9/23/2031 7.07233 7.12748 313 11/25/2031 10/23/2031 7.07230 7.12607 314 12/25/2031 11/23/2031 7.07006 7.12517 315 1/25/2032 12/23/2031 7.06905 7.12380 316 2/25/2032 1/23/2032 7.06729 7.12270 317 3/25/2032 2/23/2032 7.06727 7.12301 318 4/25/2032 3/23/2032 7.06544 7.12081 319 5/25/2032 4/23/2032 7.06474 7.12010 320 6/25/2032 5/23/2032 7.06363 7.12000 321 7/25/2032 6/23/2032 7.06253 7.11784 322 8/25/2032 7/23/2032 7.06213 7.11675 323 9/25/2032 8/23/2032 7.05994 7.11487 324 10/25/2032 9/23/2032 7.05928 7.11385 325 11/25/2032 10/23/2032 7.05919 7.11239 326 12/25/2032 11/23/2032 7.05765 7.11150 327 1/25/2033 12/23/2032 7.05601 7.11019 328 2/25/2033 1/23/2033 7.05391 7.10907 329 3/25/2033 2/23/2033 7.05393 7.10942 330 4/25/2033 3/23/2033 7.05249 7.10763 331 5/25/2033 4/23/2033 7.05244 7.10689 332 6/25/2033 5/23/2033 7.05027 7.10570 333 7/25/2033 6/23/2033 7.04962 7.10470 334 8/25/2033 7/23/2033 7.04887 7.10427 335 9/25/2033 8/23/2033 7.04707 7.10176 336 10/25/2033 9/23/2033 7.04639 7.10073 337 11/25/2033 10/23/2033 7.04598 7.09928 338 12/25/2033 11/23/2033 7.04482 7.09845 339 1/25/2034 12/23/2033 7.04384 7.09711 340 2/25/2034 1/23/2034 7.04101 7.09662 341 3/25/2034 2/23/2034 7.04104 7.09596 342 4/25/2034 3/23/2034 7.03970 7.09459 343 5/25/2034 4/23/2034 7.03932 7.09455 344 6/25/2034 5/23/2034 7.03754 7.09274 345 7/25/2034 6/23/2034 7.03687 7.09171 346 8/25/2034 7/23/2034 7.03580 7.09096 347 9/25/2034 8/23/2034 7.03439 7.08885 348 10/25/2034 9/23/2034 7.03436 7.08779 349 11/25/2034 10/23/2034 7.03222 7.08664 350 12/25/2034 11/23/2034 7.03218 7.08558 351 1/25/2035 12/23/2034 7.03085 7.08423 352 2/25/2035 1/23/2035 7.02842 7.08345 353 3/25/2035 2/23/2035 7.02845 7.08314 354 4/25/2035 3/23/2035 7.02709 7.08175 355 5/25/2035 4/23/2035 7.02640 7.08132 356 6/25/2035 5/23/2035 7.02500 7.07945 357 7/25/2035 6/23/2035 7.02498 7.07856 358 8/25/2035 7/23/2035 7.02319 7.07715 359 9/25/2035 8/23/2035 7.02182 7.07519 360 10/25/2035 9/23/2035 7.02115 7.07413
- ------------------------------ Index Rate ============================== LIBOR_1MO 3.98 LIBOR_6MO 4.35 - ------------------------------ Origination channels - -------------------- Wholesale 12% Retail 88% MI Coverage - ----------- All loans with OLTV>80 have MI. The coverage amounts are: OLTV Range MI Coverage Effective LTV 80.01 - 85.00 22 62.5 - 66.3 85.01 - 95.00 30 59.5 - 66.5 WAVG Effective LTV for the loans with OLTV>80 is 64.2. Disclaimer: This material has been prepared by the Fixed Income Trading/Sales Department and is not the product of the Fixed Income Research Department. This material is for your private information, and we are not soliciting any action based upon it. Certain transactions, including those involving futures, options and high yield securities, give rise to substantial risk and are not suitable for all investors. Opinions expressed are our present opinions only. The material is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. We, or persons involved in the preparation or issuance of this material, may, from time to time, have long or short positions in, and buy or sell, securities, futures or options identical with or related to those mentioned herein. Further information on any of the securities, futures, or options mentioned in this material may be obtained upon request. 1) Underwriting guidelines attached. 2) Cash flows for 15cpr and ARM vectors attached, including effective available funds cap. 3) Out of the stated doc borrowers, 59.3% are not self-employed. Disclaimer: This material has been prepared by the Fixed Income Trading/Sales Department and is not the product of the Fixed Income Research Department. This material is for your private information, and we are not soliciting any action based upon it. Certain transactions, including those involving futures, options and high yield securities, give rise to substantial risk and are not suitable for all investors. Opinions expressed are our present opinions only. The material is based upon information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. We, or persons involved in the preparation or issuance of this material, may, from time to time, have long or short positions in, and buy or sell, securities, futures or options identical with or related to those mentioned herein. Further information on any of the securities, futures, or options mentioned in this material may be obtained upon request. Total $385,306,521.39
- -------------------------------------------------------------------------------------------------------------------- % of pool average LTV CLTV above 80% CLTV above 90% % full doc % owner occ ave wac ---------------------------------------------------------------------------------------------- A FICO below 600 0 0 0 0 0 0 0 FICO below 580 0 0 0 0 0 0 0 FICO below 560 0 0 0 0 0 0 0 - -------------------------------------------------------------------------------------------------------------------- - --------------------------------------------------------------- % below 100k % above 500k % IO ave DTI DTI > 45% -------------------------------------------------------- A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 - ---------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------- % of pool average LTV FICO <600 FICO < 575 % full doc % owner occ ave wac % below 100k ----------------------------------------------------------------------------------------------------- B LTV above 85% 65.76% 91.633 0 0 0 63.518 7.179 0 LTV above 90% 24.02% 94.882 0 0 0 100 7.119 0 LTV above 95% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - -------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------- % above 500k % IO ave DTI DTI > 45% CLTV above 80% CLTV > 90% ---------------------------------------------------------------------------------------- B 0 0 39.613 0 100 36.529 253,360,589.63 0 0 39.613 0 100 100 92,550,328.44 0.00 0.00 0.00 0.00 0.00 0.00 - ----------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------- % of pool average LTV FICO <600 FICO < 575 % full doc % owner occ ave wac % below 100k ---------------------------------------------------------------------------------------------------- C DTI > 40% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 DTI > 45% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 DTI > 50% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Average DTI - ----------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------- % above 500k % IO ave DTI DTI > 45% CLTV above 80% CLTV > 90% ----------------------------------------------------------------------- C 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - ----------------------------------------------------------------------------
- ----------------------------------------------------------------------------------------------------------------------------- D % of pool average LTV FICO <600 FICO < 575 % full doc % owner occ ave wac % below 100k ----------------------------------------------------------------------------------------------------- Non Owner Occ 65.56% 86.174 0 0 0 100 6.751 0 Stated Docs 26.27% 85.526 0 0 0 0 7.275 0 Loans below 100k 1.11% 78.288 0 0 0 0 7.745 0 IO Loans 0 0 0 0 0 0 0 0 - ----------------------------------------------------------------------------------------------------------------------------- - ---------------------------------------------------------------------------- D % above 500k % IO ave DTI DTI > 45% CLTV above 80% CLTV > 90% ---------------------------------------------------------------------------------------- 0 0 39.613 0 78.804 47.115 252,609,055.04 0 0 0 0 72.827 0 101,210,428.64 0 0 0 0 57.687 0 4,262,292.89 0 0 0 0 0 0 - ----------------------------------------------------------------------------
- --------------------------------------------------------------------------------------------------------------------- E When do IOs reset ---------------------------------------------------------------------------------------------------------------- Months to next reset (arms only) Count Balance ($) % of Balance WAC Remaining Term WA CLTV WA FICO ---------------------------------------------------------------------------------------------------------------- 0 - 5 0 0 0 0 0 0 0 6 - 11 0 0 0 0 0 0 0 12 - 17 0 0 0 0 0 0 0 18 - 23 0 0 0 0 0 0 0 24 - 29 0 0 0 0 0 0 0 30 - 35 0 0 0 0 0 0 0 36 - 41 0 0 0 0 0 0 0 54 - 59 0 0 0 0 0 0 0 60 0 0 0 0 0 0 0 ---------------------------------------------------------------------------------------------------------------- Total: 0 0 0 0 0 0 0 - ---------------------------------------------------------------------------------------------------------------------
- --------------------------------------------------- F Is DTI off current mortgage rate for IO N/A - --------------------------------------------------- - --------------------------------------------------------------------------------------------------------------------- G Summary of pool per grades ---------------------------------------------------------------------------------------------------------------- Credit Grade Count Balance ($) % of Balance WAC Remaining Term WA LTV WA FICO ---------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------- Total: ----------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------ H What are top 10 cities and average strats for each ------------------------------------------------------------------------------------------------------- Top 10 Cities of Overall Pool Loans Balance ($) Balance Rate (%) (months) LTV Score ------------------------------------------------------------------------------------------------------- LAS VEGAS 42 8,538,095.16 2.216 6.787 2.797 85.167 685.763 SCOTTSDALE 22 6,413,033.45 1.664 7.008 2.361 88.187 690.986 CHICAGO 29 6,403,885.86 1.662 7.191 3.013 88.865 693.75 MIAMI 22 5,767,023.49 1.497 7.326 2.163 86.372 692.524 CORONA 13 3,994,444.29 1.037 6.362 2.829 90.24 677 PHOENIX 15 3,969,978.16 1.03 7.11 2.646 86.493 693.028 SACRAMENTO 11 3,768,546.88 0.978 6.979 2.211 86.785 693.077 RENO 12 3,057,204.60 0.793 6.398 1.865 84.661 728.623 SAINT AUGUST 12 2,701,146.43 0.701 6.978 2.214 85.936 723.446 SARASOTA 12 2,638,735.48 0.685 7.193 2.414 80.647 691.874 - ------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------- I What % of pool are LTV above 90% and stated doc, IO, FICO below 600 or NOO? --------------------------------------------------------------------------------------------------------- % non- % stated owner % Fico Less LTV > 90 Loans Balance ($) % of Balance Rate (%) Doctype % IO Loans Occupied Than 600 --------------------------------------------------------------------------------------------------------- -- 0 0 0 0 0 0 0 - --------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------- J What is max LTv fo stated income and minimum FICO for stated income? MAX LTV, STATED INC. 95 MIN FICO, STATED INC. 620 - ------------------------------------------------------------------------- - ------------------------------------------------------------------------- K What is min FICO for loans above 90% LTV Min Fico for ltv greater than 90: 620.00 - ------------------------------------------------------------------------- L Seasoning hisotry - any over 3m? YES M Excess spread? N what is available funds cap schedule at forwards +200, fixed prepay at 50% CPR, ARM pay at 125% CPR Please specify as part of the strats , silent seconds, second liens, MH, O [ ] NO SECOND OR MH. SILENT% 8.42%
WFALT A1 To Call CPR 15 FWD + 100 WAL 2.10 --------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ======================================================================================= Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 5,493,825.83 887,127.29 6,380,953.12 210,059,174.17 2 25-Dec-05 5,421,932.74 949,518.23 6,371,450.98 204,637,241.42 3 25-Jan-06 5,346,533.94 975,043.87 6,321,577.82 199,290,707.48 4 25-Feb-06 5,272,168.50 956,709.77 6,228,878.27 194,018,538.98 5 25-Mar-06 5,198,822.39 852,991.51 6,051,813.90 188,819,716.59 6 25-Apr-06 5,126,481.73 923,338.22 6,049,819.95 183,693,234.86 7 25-May-06 5,055,132.86 872,930.15 5,928,063.01 178,638,102.01 8 25-Jun-06 4,984,762.29 881,217.89 5,865,980.18 173,653,339.71 9 25-Jul-06 4,915,356.72 830,978.99 5,746,335.71 168,737,982.99 10 25-Aug-06 4,846,903.03 835,128.48 5,682,031.51 163,891,079.96 11 25-Sep-06 4,779,388.27 811,990.89 5,591,379.16 159,111,691.69 12 25-Oct-06 4,712,799.66 763,262.76 5,476,062.42 154,398,892.03 13 25-Nov-06 4,647,124.61 764,328.08 5,411,452.69 149,751,767.42 14 25-Dec-06 4,582,350.70 719,654.58 5,302,005.28 145,169,416.73 15 25-Jan-07 4,518,465.65 717,231.40 5,235,697.05 140,650,951.07 16 25-Feb-07 4,455,457.39 693,984.33 5,149,441.73 136,195,493.68 17 25-Mar-07 4,393,313.98 606,163.32 4,999,477.30 131,802,179.70 18 25-Apr-07 4,331,953.19 648,805.13 4,980,758.32 127,470,226.51 19 25-May-07 4,271,506.04 607,195.93 4,878,701.97 123,198,720.47 20 25-Jun-07 4,211,888.88 606,260.94 4,818,149.82 118,986,831.58 21 25-Jul-07 4,153,090.42 566,686.68 4,719,777.11 114,833,741.16 22 25-Aug-07 4,064,281.17 565,314.42 4,629,595.59 110,769,459.98 23 25-Sep-07 3,973,241.14 545,407.50 4,518,648.63 106,796,218.85 24 25-Oct-07 3,918,445.10 509,142.96 4,427,588.06 102,877,773.75 25 25-Nov-07 3,864,395.72 507,155.42 4,371,551.13 99,013,378.04 26 25-Dec-07 3,811,082.33 473,739.41 4,284,821.74 95,202,295.71 27 25-Jan-08 3,758,494.98 469,929.27 4,228,424.24 91,443,800.73 28 25-Feb-08 3,706,356.63 451,626.53 4,157,983.16 87,737,444.10 29 25-Mar-08 3,654,866.94 405,686.07 4,060,553.01 84,082,577.16 30 25-Apr-08 3,604,412.86 415,934.55 4,020,347.41 80,478,164.30 31 25-May-08 3,554,646.71 385,546.74 3,940,193.45 76,923,517.59 32 25-Jun-08 3,505,558.54 381,064.38 3,886,622.92 73,417,959.05 33 25-Jul-08 3,457,139.15 352,298.52 3,809,437.67 69,960,819.90 34 25-Aug-08 3,401,690.22 347,189.41 3,748,879.64 66,559,129.68 35 25-Sep-08 3,347,372.37 330,586.64 3,677,959.02 63,211,757.30 36 25-Oct-08 3,301,279.64 304,144.95 3,605,424.59 59,910,477.67 37 25-Nov-08 3,255,814.41 298,181.57 3,553,995.98 56,654,663.26 38 25-Dec-08 3,210,967.25 273,708.12 3,484,675.37 53,443,696.01 39 25-Jan-09 3,166,729.81 266,429.15 3,433,158.96 50,276,966.20 40 25-Feb-09 3,122,718.48 250,800.29 3,373,518.77 47,154,247.72 41 25-Mar-09 3,079,262.82 212,685.78 3,291,948.60 44,074,984.90 42 25-Apr-09 3,036,824.02 220,235.57 3,257,059.59 41,038,160.88 43 25-May-09 2,994,962.95 198,595.63 3,193,558.58 38,043,197.94 44 25-Jun-09 2,953,671.16 190,379.41 3,144,050.56 35,089,526.78 45 25-Jul-09 2,912,940.95 170,038.58 3,082,979.54 32,176,585.83 46 25-Aug-09 2,872,392.57 161,213.16 3,033,605.73 29,304,193.25 47 25-Sep-09 2,832,391.15 146,852.75 2,979,243.90 26,471,802.11 48 25-Oct-09 2,793,317.94 128,484.42 2,921,802.36 23,678,484.17 49 25-Nov-09 2,239,214.74 118,861.97 2,358,076.70 21,439,269.43 50 25-Dec-09 2,064,737.87 104,671.34 2,169,409.21 19,374,531.56 51 25-Jan-10 2,036,238.33 97,379.48 2,133,617.81 17,338,293.22 52 25-Feb-10 2,007,943.65 87,189.81 2,095,133.46 15,330,349.57 53 25-Mar-10 1,979,997.03 69,693.00 2,049,690.02 13,350,352.55 54 25-Apr-10 1,952,654.57 67,231.94 2,019,886.51 11,397,697.97 55 25-May-10 1,925,684.61 55,583.91 1,981,268.53 9,472,013.36 56 25-Jun-10 1,899,081.72 47,762.25 1,946,843.96 7,572,931.65 57 25-Jul-10 1,872,840.92 36,976.54 1,909,817.46 5,700,090.72 58 25-Aug-10 1,846,704.01 28,779.44 1,875,483.45 3,853,386.71 59 25-Sep-10 1,820,924.34 19,476.31 1,840,400.65 2,032,462.37 60 25-Oct-10 1,795,752.62 9,947.16 1,805,699.78 236,709.75 61 25-Nov-10 236,709.75 1,197.85 237,907.59 --
To Call CPR 15 FWD + 200 WAL 2.11 -------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ====================================================================================== Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 5,493,825.83 1,054,779.63 6,548,605.46 210,059,174.17 2 25-Dec-05 5,421,932.74 1,124,567.54 6,546,500.29 204,637,241.42 3 25-Jan-06 5,346,533.94 1,151,259.28 6,497,793.22 199,290,707.48 4 25-Feb-06 5,272,168.50 1,128,321.21 6,400,489.71 194,018,538.98 5 25-Mar-06 5,198,822.39 1,003,894.82 6,202,717.21 188,819,716.59 6 25-Apr-06 5,126,481.73 1,085,932.98 6,212,414.71 183,693,234.86 7 25-May-06 5,055,132.86 1,026,007.85 6,081,140.71 178,638,102.01 8 25-Jun-06 4,984,762.29 1,035,045.14 6,019,807.43 173,653,339.71 9 25-Jul-06 4,915,356.72 975,690.10 5,891,046.83 168,737,982.99 10 25-Aug-06 4,846,903.03 980,430.63 5,827,333.66 163,891,079.96 11 25-Sep-06 4,779,388.27 953,119.32 5,732,507.59 159,111,691.69 12 25-Oct-06 4,712,799.66 895,855.84 5,608,655.50 154,398,892.03 13 25-Nov-06 4,647,124.61 897,282.68 5,544,407.30 149,751,767.42 14 25-Dec-06 4,582,350.70 844,447.72 5,426,798.42 145,169,416.73 15 25-Jan-07 4,518,465.65 842,238.40 5,360,704.05 140,650,951.07 16 25-Feb-07 4,455,457.39 815,100.43 5,270,557.82 136,195,493.68 17 25-Mar-07 4,393,313.98 712,093.14 5,105,407.13 131,802,179.70 18 25-Apr-07 4,331,921.79 762,301.45 5,094,223.24 127,470,257.91 19 25-May-07 4,271,475.36 713,421.29 4,984,896.65 123,198,782.55 20 25-Jun-07 4,211,858.91 712,349.08 4,924,207.99 118,986,923.64 21 25-Jul-07 4,153,061.14 665,842.89 4,818,904.03 114,833,862.50 22 25-Aug-07 4,051,972.35 664,199.73 4,716,172.08 110,781,890.15 23 25-Sep-07 3,947,692.39 640,864.22 4,588,556.60 106,834,197.77 24 25-Oct-07 3,893,497.57 598,352.52 4,491,850.09 102,940,700.20 25 25-Nov-07 3,840,039.12 596,109.01 4,436,148.12 99,100,661.09 26 25-Dec-07 3,787,306.62 556,740.91 4,344,047.52 95,313,354.47 27 25-Jan-08 3,735,290.26 552,552.86 4,287,843.11 91,578,064.21 28 25-Feb-08 3,683,595.73 531,148.52 4,214,744.25 87,894,468.49 29 25-Mar-08 3,632,364.68 477,216.01 4,109,580.69 84,262,103.80 30 25-Apr-08 3,582,461.97 489,381.66 4,071,843.63 80,679,641.83 31 25-May-08 3,533,237.64 453,744.99 3,986,982.64 77,146,404.19 32 25-Jun-08 3,484,681.96 448,600.15 3,933,282.11 73,661,722.22 33 25-Jul-08 3,436,785.90 414,853.00 3,851,638.90 70,224,936.32 34 25-Aug-08 3,378,862.34 408,971.60 3,787,833.94 66,846,073.98 35 25-Sep-08 3,322,176.43 389,573.74 3,711,750.17 63,523,897.55 36 25-Oct-08 3,276,719.52 358,583.40 3,635,302.93 60,247,178.03 37 25-Nov-08 3,231,878.99 351,736.88 3,583,615.87 57,015,299.04 38 25-Dec-08 3,187,645.69 322,963.16 3,510,608.85 53,827,653.35 39 25-Jan-09 3,144,011.44 314,694.85 3,458,706.29 50,683,641.91 40 25-Feb-09 3,100,646.63 296,473.19 3,397,119.82 47,582,995.29 41 25-Mar-09 3,057,832.75 251,628.61 3,309,461.35 44,525,162.54 42 25-Apr-09 3,015,962.80 260,826.15 3,276,788.95 41,509,199.74 43 25-May-09 2,974,660.52 235,466.12 3,210,126.65 38,534,539.21 44 25-Jun-09 2,933,917.71 226,020.74 3,159,938.45 35,600,621.51 45 25-Jul-09 2,893,726.81 202,182.46 3,095,909.27 32,706,894.70 46 25-Aug-09 2,853,760.10 192,034.42 3,045,794.52 29,853,134.60 47 25-Sep-09 2,814,331.07 175,310.54 2,989,641.61 27,038,803.53 48 25-Oct-09 2,775,766.01 153,768.77 2,929,534.79 24,263,037.52 49 25-Nov-09 2,366,547.33 142,689.49 2,509,236.83 21,896,490.19 50 25-Dec-09 2,052,150.16 125,150.67 2,177,300.83 19,844,340.02 51 25-Jan-10 2,024,016.47 116,828.99 2,140,845.47 17,820,323.55 52 25-Feb-10 1,996,105.85 104,959.10 2,101,064.94 15,824,217.70 53 25-Mar-10 1,968,541.62 84,245.88 2,052,787.50 13,855,676.08 54 25-Apr-10 1,941,544.06 81,708.01 2,023,252.06 11,914,132.03 55 25-May-10 1,914,912.72 68,030.89 1,982,943.60 9,999,219.31 56 25-Jun-10 1,888,642.32 59,031.10 1,947,673.42 8,110,576.99 57 25-Jul-10 1,862,727.99 46,360.53 1,909,088.52 6,247,849.00 58 25-Aug-10 1,836,944.87 36,925.13 1,873,870.00 4,410,904.14 59 25-Sep-10 1,811,512.59 26,092.46 1,837,605.06 2,599,391.54 60 25-Oct-10 1,786,647.83 14,887.95 1,801,535.78 812,743.72 61 25-Nov-10 812,743.72 4,812.68 817,556.39 --
To Maturity CPR 15 FWD + 100 WAL 2.10 --------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ======================================================================================= Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 5,493,825.83 887,127.29 6,380,953.12 210,059,174.17 2 25-Dec-05 5,421,932.74 949,518.23 6,371,450.98 204,637,241.42 3 25-Jan-06 5,346,533.94 975,043.87 6,321,577.82 199,290,707.48 4 25-Feb-06 5,272,168.50 956,709.77 6,228,878.27 194,018,538.98 5 25-Mar-06 5,198,822.39 852,991.51 6,051,813.90 188,819,716.59 6 25-Apr-06 5,126,481.73 923,338.22 6,049,819.95 183,693,234.86 7 25-May-06 5,055,132.86 872,930.15 5,928,063.01 178,638,102.01 8 25-Jun-06 4,984,762.29 881,217.89 5,865,980.18 173,653,339.71 9 25-Jul-06 4,915,356.72 830,978.99 5,746,335.71 168,737,982.99 10 25-Aug-06 4,846,903.03 835,128.48 5,682,031.51 163,891,079.96 11 25-Sep-06 4,779,388.27 811,990.89 5,591,379.16 159,111,691.69 12 25-Oct-06 4,712,799.66 763,262.76 5,476,062.42 154,398,892.03 13 25-Nov-06 4,647,124.61 764,328.08 5,411,452.69 149,751,767.42 14 25-Dec-06 4,582,350.70 719,654.58 5,302,005.28 145,169,416.73 15 25-Jan-07 4,518,465.65 717,231.40 5,235,697.05 140,650,951.07 16 25-Feb-07 4,455,457.39 693,984.33 5,149,441.73 136,195,493.68 17 25-Mar-07 4,393,313.98 606,163.32 4,999,477.30 131,802,179.70 18 25-Apr-07 4,331,953.19 648,805.13 4,980,758.32 127,470,226.51 19 25-May-07 4,271,506.04 607,195.93 4,878,701.97 123,198,720.47 20 25-Jun-07 4,211,888.88 606,260.94 4,818,149.82 118,986,831.58 21 25-Jul-07 4,153,090.42 566,686.68 4,719,777.11 114,833,741.16 22 25-Aug-07 4,064,281.17 565,314.42 4,629,595.59 110,769,459.98 23 25-Sep-07 3,973,241.14 545,407.50 4,518,648.63 106,796,218.85 24 25-Oct-07 3,918,445.10 509,142.96 4,427,588.06 102,877,773.75 25 25-Nov-07 3,864,395.72 507,155.42 4,371,551.13 99,013,378.04 26 25-Dec-07 3,811,082.33 473,739.41 4,284,821.74 95,202,295.71 27 25-Jan-08 3,758,494.98 469,929.27 4,228,424.24 91,443,800.73 28 25-Feb-08 3,706,356.63 451,626.53 4,157,983.16 87,737,444.10 29 25-Mar-08 3,654,866.94 405,686.07 4,060,553.01 84,082,577.16 30 25-Apr-08 3,604,412.86 415,934.55 4,020,347.41 80,478,164.30 31 25-May-08 3,554,646.71 385,546.74 3,940,193.45 76,923,517.59 32 25-Jun-08 3,505,558.54 381,064.38 3,886,622.92 73,417,959.05 33 25-Jul-08 3,457,139.15 352,298.52 3,809,437.67 69,960,819.90 34 25-Aug-08 3,401,690.22 347,189.41 3,748,879.64 66,559,129.68 35 25-Sep-08 3,347,372.37 330,586.64 3,677,959.02 63,211,757.30 36 25-Oct-08 3,301,279.64 304,144.95 3,605,424.59 59,910,477.67 37 25-Nov-08 3,255,814.41 298,181.57 3,553,995.98 56,654,663.26 38 25-Dec-08 3,210,967.25 273,708.12 3,484,675.37 53,443,696.01 39 25-Jan-09 3,166,729.81 266,429.15 3,433,158.96 50,276,966.20 40 25-Feb-09 3,122,718.48 250,800.29 3,373,518.77 47,154,247.72 41 25-Mar-09 3,079,262.82 212,685.78 3,291,948.60 44,074,984.90 42 25-Apr-09 3,036,824.02 220,235.57 3,257,059.59 41,038,160.88 43 25-May-09 2,994,962.95 198,595.63 3,193,558.58 38,043,197.94 44 25-Jun-09 2,953,671.16 190,379.41 3,144,050.56 35,089,526.78 45 25-Jul-09 2,912,940.95 170,038.58 3,082,979.54 32,176,585.83 46 25-Aug-09 2,872,392.57 161,213.16 3,033,605.73 29,304,193.25 47 25-Sep-09 2,832,391.15 146,852.75 2,979,243.90 26,471,802.11 48 25-Oct-09 2,793,317.94 128,484.42 2,921,802.36 23,678,484.17 49 25-Nov-09 2,239,214.74 118,861.97 2,358,076.70 21,439,269.43 50 25-Dec-09 2,064,737.87 104,671.34 2,169,409.21 19,374,531.56 51 25-Jan-10 2,036,238.33 97,379.48 2,133,617.81 17,338,293.22 52 25-Feb-10 2,007,943.65 87,189.81 2,095,133.46 15,330,349.57 53 25-Mar-10 1,979,997.03 69,693.00 2,049,690.02 13,350,352.55 54 25-Apr-10 1,952,654.57 67,231.94 2,019,886.51 11,397,697.97 55 25-May-10 1,925,684.61 55,583.91 1,981,268.53 9,472,013.36 56 25-Jun-10 1,899,081.72 47,762.25 1,946,843.96 7,572,931.65 57 25-Jul-10 1,872,840.92 36,976.54 1,909,817.46 5,700,090.72 58 25-Aug-10 1,846,704.01 28,779.44 1,875,483.45 3,853,386.71 59 25-Sep-10 1,820,924.34 19,476.31 1,840,400.65 2,032,462.37 60 25-Oct-10 1,795,752.62 9,947.16 1,805,699.78 236,709.75 61 25-Nov-10 236,709.75 1,197.85 237,907.59 --
To Maturity CPR 15 FWD + 200 WAL 2.11 -------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ====================================================================================== Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 5,493,825.83 1,054,779.63 6,548,605.46 210,059,174.17 2 25-Dec-05 5,421,932.74 1,124,567.54 6,546,500.29 204,637,241.42 3 25-Jan-06 5,346,533.94 1,151,259.28 6,497,793.22 199,290,707.48 4 25-Feb-06 5,272,168.50 1,128,321.21 6,400,489.71 194,018,538.98 5 25-Mar-06 5,198,822.39 1,003,894.82 6,202,717.21 188,819,716.59 6 25-Apr-06 5,126,481.73 1,085,932.98 6,212,414.71 183,693,234.86 7 25-May-06 5,055,132.86 1,026,007.85 6,081,140.71 178,638,102.01 8 25-Jun-06 4,984,762.29 1,035,045.14 6,019,807.43 173,653,339.71 9 25-Jul-06 4,915,356.72 975,690.10 5,891,046.83 168,737,982.99 10 25-Aug-06 4,846,903.03 980,430.63 5,827,333.66 163,891,079.96 11 25-Sep-06 4,779,388.27 953,119.32 5,732,507.59 159,111,691.69 12 25-Oct-06 4,712,799.66 895,855.84 5,608,655.50 154,398,892.03 13 25-Nov-06 4,647,124.61 897,282.68 5,544,407.30 149,751,767.42 14 25-Dec-06 4,582,350.70 844,447.72 5,426,798.42 145,169,416.73 15 25-Jan-07 4,518,465.65 842,238.40 5,360,704.05 140,650,951.07 16 25-Feb-07 4,455,457.39 815,100.43 5,270,557.82 136,195,493.68 17 25-Mar-07 4,393,313.98 712,093.14 5,105,407.13 131,802,179.70 18 25-Apr-07 4,331,921.79 762,301.45 5,094,223.24 127,470,257.91 19 25-May-07 4,271,475.36 713,421.29 4,984,896.65 123,198,782.55 20 25-Jun-07 4,211,858.91 712,349.08 4,924,207.99 118,986,923.64 21 25-Jul-07 4,153,061.14 665,842.89 4,818,904.03 114,833,862.50 22 25-Aug-07 4,051,972.35 664,199.73 4,716,172.08 110,781,890.15 23 25-Sep-07 3,947,692.39 640,864.22 4,588,556.60 106,834,197.77 24 25-Oct-07 3,893,497.57 598,352.52 4,491,850.09 102,940,700.20 25 25-Nov-07 3,840,039.12 596,109.01 4,436,148.12 99,100,661.09 26 25-Dec-07 3,787,306.62 556,740.91 4,344,047.52 95,313,354.47 27 25-Jan-08 3,735,290.26 552,552.86 4,287,843.11 91,578,064.21 28 25-Feb-08 3,683,595.73 531,148.52 4,214,744.25 87,894,468.49 29 25-Mar-08 3,632,364.68 477,216.01 4,109,580.69 84,262,103.80 30 25-Apr-08 3,582,461.97 489,381.66 4,071,843.63 80,679,641.83 31 25-May-08 3,533,237.64 453,744.99 3,986,982.64 77,146,404.19 32 25-Jun-08 3,484,681.96 448,600.15 3,933,282.11 73,661,722.22 33 25-Jul-08 3,436,785.90 414,853.00 3,851,638.90 70,224,936.32 34 25-Aug-08 3,378,862.34 408,971.60 3,787,833.94 66,846,073.98 35 25-Sep-08 3,322,176.43 389,573.74 3,711,750.17 63,523,897.55 36 25-Oct-08 3,276,719.52 358,583.40 3,635,302.93 60,247,178.03 37 25-Nov-08 3,231,878.99 351,736.88 3,583,615.87 57,015,299.04 38 25-Dec-08 3,187,645.69 322,963.16 3,510,608.85 53,827,653.35 39 25-Jan-09 3,144,011.44 314,694.85 3,458,706.29 50,683,641.91 40 25-Feb-09 3,100,646.63 296,473.19 3,397,119.82 47,582,995.29 41 25-Mar-09 3,057,832.75 251,628.61 3,309,461.35 44,525,162.54 42 25-Apr-09 3,015,962.80 260,826.15 3,276,788.95 41,509,199.74 43 25-May-09 2,974,660.52 235,466.12 3,210,126.65 38,534,539.21 44 25-Jun-09 2,933,917.71 226,020.74 3,159,938.45 35,600,621.51 45 25-Jul-09 2,893,726.81 202,182.46 3,095,909.27 32,706,894.70 46 25-Aug-09 2,853,760.10 192,034.42 3,045,794.52 29,853,134.60 47 25-Sep-09 2,814,331.07 175,310.54 2,989,641.61 27,038,803.53 48 25-Oct-09 2,775,766.01 153,768.77 2,929,534.79 24,263,037.52 49 25-Nov-09 2,366,547.33 142,689.49 2,509,236.83 21,896,490.19 50 25-Dec-09 2,052,150.16 125,150.67 2,177,300.83 19,844,340.02 51 25-Jan-10 2,024,016.47 116,828.99 2,140,845.47 17,820,323.55 52 25-Feb-10 1,996,105.85 104,959.10 2,101,064.94 15,824,217.70 53 25-Mar-10 1,968,541.62 84,245.88 2,052,787.50 13,855,676.08 54 25-Apr-10 1,941,544.06 81,708.01 2,023,252.06 11,914,132.03 55 25-May-10 1,914,912.72 68,030.89 1,982,943.60 9,999,219.31 56 25-Jun-10 1,888,642.32 59,031.10 1,947,673.42 8,110,576.99 57 25-Jul-10 1,862,727.99 46,360.53 1,909,088.52 6,247,849.00 58 25-Aug-10 1,836,944.87 36,925.13 1,873,870.00 4,410,904.14 59 25-Sep-10 1,811,512.59 26,092.46 1,837,605.06 2,599,391.54 60 25-Oct-10 1,786,647.83 14,887.95 1,801,535.78 812,743.72 61 25-Nov-10 812,743.72 4,812.68 817,556.39 --
- ------------------------------ EFFECTIVE AFC ============================== 10.000000 9.937300 9.867650 9.802660 9.787330 9.674960 9.634770 9.550180 9.518580 9.428190 9.368180 9.349030 9.250110 9.238970 9.134450 9.077500 9.204100 8.966070 8.974210 8.855990 8.871480 9.115170 9.524220 9.613310 9.486410 9.583760 9.448880 9.583510 10.208050 9.747480 9.888600 9.732680 9.882530 10.209010 10.943230 11.311580 10.949220 11.316860 10.954440 11.416100 13.222520 11.946040 12.347530 11.952480 12.354330 12.055100 12.161150 12.570220 12.168400 12.576950 12.171890 12.268530 13.697380 12.372490 12.785600 12.373840 12.787010 12.375230 12.375940 12.789210 12.377390 No securities are being offered by these summary materials. If the securities described herein or other securities are ultimately offered, they will be offered only pursuant to a definitive offering circular, and prospective investors who consider purchasing any such securities should make their investment decision based only upon the information provided therein and consultation with their own advisers. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person.The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). This material may be filed within the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including in cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing on this material only. Information in this material regarding the assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you. Goldman Sachs does not provide accounting, tax or legal advice. Subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman Sachs imposing any limitation of any kind.
WFALT A1 To Call FWD + 100 WAL 1.33 ----------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ========================================================================================= Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 3,663,447.11 887,127.29 4,550,574.41 211,889,552.89 2 25-Dec-05 4,340,959.20 957,791.99 5,298,751.18 207,548,593.69 3 25-Jan-06 5,006,062.53 988,915.72 5,994,978.25 202,542,531.16 4 25-Feb-06 5,659,746.72 972,320.39 6,632,067.11 196,882,784.44 5 25-Mar-06 6,298,419.43 865,584.01 7,164,003.44 190,584,365.00 6 25-Apr-06 6,917,723.29 931,967.44 7,849,690.74 183,666,641.71 7 25-May-06 7,514,906.31 872,803.78 8,387,710.09 176,151,735.40 8 25-Jun-06 8,086,470.34 868,952.69 8,955,423.03 168,065,265.06 9 25-Jul-06 8,629,010.18 804,238.51 9,433,248.69 159,436,254.88 10 25-Aug-06 8,798,016.08 789,091.79 9,587,107.87 150,638,238.80 11 25-Sep-06 8,564,473.56 746,330.29 9,310,803.86 142,073,765.24 12 25-Oct-06 8,337,093.91 681,531.40 9,018,625.31 133,736,671.33 13 25-Nov-06 8,115,715.20 662,042.92 8,777,758.13 125,620,956.13 14 25-Dec-06 7,900,179.78 603,690.35 8,503,870.13 117,720,776.35 15 25-Jan-07 7,690,334.11 581,617.25 8,271,951.36 110,030,442.24 16 25-Feb-07 7,486,028.65 542,900.01 8,028,928.67 102,544,413.59 17 25-Mar-07 7,291,101.81 456,392.94 7,747,494.76 95,253,311.77 18 25-Apr-07 7,097,112.71 468,890.86 7,566,003.57 88,156,199.06 19 25-May-07 6,908,312.79 419,926.18 7,328,238.97 81,247,886.27 20 25-Jun-07 6,724,506.70 399,820.87 7,124,327.57 74,523,379.57 21 25-Jul-07 7,947,013.59 354,925.05 8,301,938.63 66,576,365.99 22 25-Aug-07 9,267,970.12 327,748.44 9,595,718.56 57,308,395.87 23 25-Sep-07 8,868,375.51 282,175.51 9,150,551.01 48,440,020.36 24 25-Oct-07 8,513,703.63 230,934.16 8,744,637.80 39,926,316.73 25 25-Nov-07 8,173,442.86 196,824.32 8,370,267.18 31,752,873.87 26 25-Dec-07 6,561,165.24 151,924.80 6,713,090.04 25,191,708.63 27 25-Jan-08 4,846,787.67 124,349.11 4,971,136.79 20,344,920.96 28 25-Feb-08 4,726,760.08 100,480.36 4,827,240.44 15,618,160.87 29 25-Mar-08 4,609,644.28 72,216.26 4,681,860.54 11,008,516.60 30 25-Apr-08 4,495,649.71 54,456.26 4,550,105.97 6,512,866.89 31 25-May-08 4,384,461.79 31,201.19 4,415,662.98 2,128,405.10 32 25-Jun-08 2,128,405.10 10,543.71 2,138,948.81 --
To Call FWD + 200 WAL 1.33 -------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ====================================================================================== Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 3,663,447.11 1,054,779.63 4,718,226.74 211,889,552.89 2 25-Dec-05 4,340,959.20 1,134,366.61 5,475,325.81 207,548,593.69 3 25-Jan-06 5,006,062.53 1,167,638.12 6,173,700.65 202,542,531.16 4 25-Feb-06 5,659,746.72 1,146,732.01 6,806,478.73 196,882,784.44 5 25-Mar-06 6,298,419.43 1,018,715.06 7,317,134.49 190,584,365.00 6 25-Apr-06 6,917,723.29 1,096,081.76 8,013,805.05 183,666,641.71 7 25-May-06 7,514,906.31 1,025,859.31 8,540,765.63 176,151,735.40 8 25-Jun-06 8,086,470.34 1,020,638.91 9,107,109.25 168,065,265.06 9 25-Jul-06 8,629,010.18 944,292.90 9,573,303.07 159,436,254.88 10 25-Aug-06 8,798,016.08 926,384.12 9,724,400.20 150,638,238.80 11 25-Sep-06 8,564,473.56 876,046.55 9,440,520.12 142,073,765.24 12 25-Oct-06 8,337,093.91 799,926.21 9,137,020.11 133,736,671.33 13 25-Nov-06 8,115,715.20 777,205.06 8,892,920.26 125,620,956.13 14 25-Dec-06 7,900,179.78 708,374.48 8,608,554.26 117,720,776.35 15 25-Jan-07 7,690,334.11 682,987.92 8,373,322.03 110,030,442.24 16 25-Feb-07 7,486,028.65 637,648.45 8,123,677.10 102,544,413.59 17 25-Mar-07 7,291,101.81 536,149.71 7,827,251.52 95,253,311.77 18 25-Apr-07 7,097,087.98 550,914.54 7,648,002.53 88,156,223.79 19 25-May-07 6,908,290.03 493,389.81 7,401,679.85 81,247,933.75 20 25-Jun-07 6,724,485.78 469,784.60 7,194,270.38 74,523,447.97 21 25-Jul-07 7,946,994.41 417,028.25 8,364,022.66 66,576,453.56 22 25-Aug-07 9,258,244.56 385,078.60 9,643,323.15 57,318,209.01 23 25-Sep-07 8,848,673.59 331,581.17 9,180,254.76 48,469,535.42 24 25-Oct-07 8,495,592.96 271,466.15 8,767,059.11 39,973,942.46 25 25-Nov-07 8,156,827.88 231,481.11 8,388,308.99 31,817,114.58 26 25-Dec-07 6,545,182.07 178,746.43 6,723,928.50 25,271,932.51 27 25-Jan-08 4,831,015.14 146,507.05 4,977,522.19 20,440,917.37 28 25-Feb-08 4,711,638.47 118,556.37 4,830,194.85 15,729,278.89 29 25-Mar-08 4,595,026.46 85,400.87 4,680,427.32 11,134,252.44 30 25-Apr-08 4,481,729.60 64,666.07 4,546,395.67 6,652,522.84 31 25-May-08 4,371,215.96 37,414.01 4,408,629.97 2,281,306.88 32 25-Jun-08 2,281,306.88 13,265.62 2,294,572.50 --
To Maturity FWD + 100 WAL 1.33 --------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ======================================================================================= Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 3,663,447.11 887,127.29 4,550,574.41 211,889,552.89 2 25-Dec-05 4,340,959.20 957,791.99 5,298,751.18 207,548,593.69 3 25-Jan-06 5,006,062.53 988,915.72 5,994,978.25 202,542,531.16 4 25-Feb-06 5,659,746.72 972,320.39 6,632,067.11 196,882,784.44 5 25-Mar-06 6,298,419.43 865,584.01 7,164,003.44 190,584,365.00 6 25-Apr-06 6,917,723.29 931,967.44 7,849,690.74 183,666,641.71 7 25-May-06 7,514,906.31 872,803.78 8,387,710.09 176,151,735.40 8 25-Jun-06 8,086,470.34 868,952.69 8,955,423.03 168,065,265.06 9 25-Jul-06 8,629,010.18 804,238.51 9,433,248.69 159,436,254.88 10 25-Aug-06 8,798,016.08 789,091.79 9,587,107.87 150,638,238.80 11 25-Sep-06 8,564,473.56 746,330.29 9,310,803.86 142,073,765.24 12 25-Oct-06 8,337,093.91 681,531.40 9,018,625.31 133,736,671.33 13 25-Nov-06 8,115,715.20 662,042.92 8,777,758.13 125,620,956.13 14 25-Dec-06 7,900,179.78 603,690.35 8,503,870.13 117,720,776.35 15 25-Jan-07 7,690,334.11 581,617.25 8,271,951.36 110,030,442.24 16 25-Feb-07 7,486,028.65 542,900.01 8,028,928.67 102,544,413.59 17 25-Mar-07 7,291,101.81 456,392.94 7,747,494.76 95,253,311.77 18 25-Apr-07 7,097,112.71 468,890.86 7,566,003.57 88,156,199.06 19 25-May-07 6,908,312.79 419,926.18 7,328,238.97 81,247,886.27 20 25-Jun-07 6,724,506.70 399,820.87 7,124,327.57 74,523,379.57 21 25-Jul-07 7,947,013.59 354,925.05 8,301,938.63 66,576,365.99 22 25-Aug-07 9,267,970.12 327,748.44 9,595,718.56 57,308,395.87 23 25-Sep-07 8,868,375.51 282,175.51 9,150,551.01 48,440,020.36 24 25-Oct-07 8,513,703.63 230,934.16 8,744,637.80 39,926,316.73 25 25-Nov-07 8,173,442.86 196,824.32 8,370,267.18 31,752,873.87 26 25-Dec-07 6,561,165.24 151,924.80 6,713,090.04 25,191,708.63 27 25-Jan-08 4,846,787.67 124,349.11 4,971,136.79 20,344,920.96 28 25-Feb-08 4,726,760.08 100,480.36 4,827,240.44 15,618,160.87 29 25-Mar-08 4,609,644.28 72,216.26 4,681,860.54 11,008,516.60 30 25-Apr-08 4,495,649.71 54,456.26 4,550,105.97 6,512,866.89 31 25-May-08 4,384,461.79 31,201.19 4,415,662.98 2,128,405.10 32 25-Jun-08 2,128,405.10 10,543.71 2,138,948.81 --
To Maturity FWD + 200 WAL 1.33 -------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ====================================================================================== Total -- 28-Oct-05 -- -- -- 215,553,000.00 1.00 25-Nov-05 3,663,447.11 1,054,779.63 4,718,226.74 211,889,552.89 2.00 25-Dec-05 4,340,959.20 1,134,366.61 5,475,325.81 207,548,593.69 3.00 25-Jan-06 5,006,062.53 1,167,638.12 6,173,700.65 202,542,531.16 4.00 25-Feb-06 5,659,746.72 1,146,732.01 6,806,478.73 196,882,784.44 5.00 25-Mar-06 6,298,419.43 1,018,715.06 7,317,134.49 190,584,365.00 6.00 25-Apr-06 6,917,723.29 1,096,081.76 8,013,805.05 183,666,641.71 7.00 25-May-06 7,514,906.31 1,025,859.31 8,540,765.63 176,151,735.40 8.00 25-Jun-06 8,086,470.34 1,020,638.91 9,107,109.25 168,065,265.06 9.00 25-Jul-06 8,629,010.18 944,292.90 9,573,303.07 159,436,254.88 10.00 25-Aug-06 8,798,016.08 926,384.12 9,724,400.20 150,638,238.80 11.00 25-Sep-06 8,564,473.56 876,046.55 9,440,520.12 142,073,765.24 12.00 25-Oct-06 8,337,093.91 799,926.21 9,137,020.11 133,736,671.33 13.00 25-Nov-06 8,115,715.20 777,205.06 8,892,920.26 125,620,956.13 14.00 25-Dec-06 7,900,179.78 708,374.48 8,608,554.26 117,720,776.35 15.00 25-Jan-07 7,690,334.11 682,987.92 8,373,322.03 110,030,442.24 16.00 25-Feb-07 7,486,028.65 637,648.45 8,123,677.10 102,544,413.59 17.00 25-Mar-07 7,291,101.81 536,149.71 7,827,251.52 95,253,311.77 18.00 25-Apr-07 7,097,087.98 550,914.54 7,648,002.53 88,156,223.79 19.00 25-May-07 6,908,290.03 493,389.81 7,401,679.85 81,247,933.75 20.00 25-Jun-07 6,724,485.78 469,784.60 7,194,270.38 74,523,447.97 21.00 25-Jul-07 7,946,994.41 417,028.25 8,364,022.66 66,576,453.56 22.00 25-Aug-07 9,258,244.56 385,078.60 9,643,323.15 57,318,209.01 23.00 25-Sep-07 8,848,673.59 331,581.17 9,180,254.76 48,469,535.42 24.00 25-Oct-07 8,495,592.96 271,466.15 8,767,059.11 39,973,942.46 25.00 25-Nov-07 8,156,827.88 231,481.11 8,388,308.99 31,817,114.58 26.00 25-Dec-07 6,545,182.07 178,746.43 6,723,928.50 25,271,932.51 27.00 25-Jan-08 4,831,015.14 146,507.05 4,977,522.19 20,440,917.37 28.00 25-Feb-08 4,711,638.47 118,556.37 4,830,194.85 15,729,278.89 29.00 25-Mar-08 4,595,026.46 85,400.87 4,680,427.32 11,134,252.44 30.00 25-Apr-08 4,481,729.60 64,666.07 4,546,395.67 6,652,522.84 31.00 25-May-08 4,371,215.96 37,414.01 4,408,629.97 2,281,306.88 32.00 25-Jun-08 2,281,306.88 13,265.62 2,294,572.50 --
- ------------------ EFFECTIVE AFC ================== 10.000000 9.919000 9.836940 9.768560 9.763170 9.656810 9.635680 9.577450 9.576070 9.530270 9.514930 9.528640 9.483780 9.498980 9.451920 9.435700 9.528130 9.402900 9.421830 9.368870 9.389280 9.523710 9.766260 9.815430 9.773350 9.817050 9.774750 9.809900 10.212250 9.862470 9.911920 9.857040 No securities are being offered by these summary materials. If the securities described herein or other securities are ultimately offered, they will be offered only pursuant to a definitive offering circular, and prospective investors who consider purchasing any such securities should make their investment decision based only upon the information provided therein and consultation with their own advisers. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person.The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). This material may be filed within the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including in cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing on this material only. Information in this material regarding the assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you. Goldman Sachs does not provide accounting, tax or legal advice. Subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman Sachs imposing any limitation of any kind.
WFALT A1 To Call FWD + 100 WAL 1.52 ----------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ========================================================================================= Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 3,268,627.42 887,127.29 4,155,754.71 212,284,372.58 2 25-Dec-05 3,785,974.80 959,576.67 4,745,551.46 208,498,397.79 3 25-Jan-06 4,292,201.77 993,441.29 5,285,643.06 204,206,196.02 4 25-Feb-06 4,789,719.16 980,306.93 5,770,026.10 199,416,476.85 5 25-Mar-06 5,276,469.14 876,723.24 6,153,192.38 194,140,007.71 6 25-Apr-06 5,749,754.91 949,354.72 6,699,109.63 188,390,252.80 7 25-May-06 6,208,155.96 895,250.89 7,103,406.85 182,182,096.84 8 25-Jun-06 6,649,611.53 898,700.34 7,548,311.87 175,532,485.31 9 25-Jul-06 7,072,207.91 839,971.21 7,912,179.12 168,460,277.40 10 25-Aug-06 7,219,232.11 833,754.04 8,052,986.15 161,241,045.29 11 25-Sep-06 7,066,901.40 798,861.41 7,865,762.81 154,174,143.89 12 25-Oct-06 6,917,757.45 739,577.22 7,657,334.67 147,256,386.44 13 25-Nov-06 6,771,733.98 728,970.20 7,500,704.18 140,484,652.46 14 25-Dec-06 6,628,766.10 675,120.07 7,303,886.17 133,855,886.36 15 25-Jan-07 6,488,790.26 661,335.20 7,150,125.46 127,367,096.10 16 25-Feb-07 6,351,744.22 628,440.61 6,980,184.83 121,015,351.88 17 25-Mar-07 6,223,370.84 538,601.28 6,761,972.11 114,791,981.04 18 25-Apr-07 6,091,572.31 565,071.28 6,656,643.59 108,700,408.73 19 25-May-07 5,962,607.87 517,787.15 6,480,395.02 102,737,800.86 20 25-Jun-07 5,836,354.06 505,572.75 6,341,926.80 96,901,446.80 21 25-Jul-07 7,770,520.87 461,502.83 8,232,023.70 89,130,925.93 22 25-Aug-07 9,867,745.00 438,782.16 10,306,527.16 79,263,180.93 23 25-Sep-07 9,443,811.90 390,276.64 9,834,088.54 69,819,369.03 24 25-Oct-07 9,068,590.31 332,858.61 9,401,448.92 60,750,778.72 25 25-Nov-07 8,708,673.06 299,482.44 9,008,155.50 52,042,105.65 26 25-Dec-07 6,705,980.50 249,000.66 6,954,981.16 45,336,125.15 27 25-Jan-08 4,561,782.07 223,784.23 4,785,566.30 40,774,343.08 28 25-Feb-08 4,465,876.21 201,378.06 4,667,254.27 36,308,466.87 29 25-Mar-08 4,371,918.24 167,885.44 4,539,803.68 31,936,548.63 30 25-Apr-08 4,280,178.70 157,981.77 4,438,160.46 27,656,369.93 31 25-May-08 4,190,349.10 132,493.37 4,322,842.47 23,466,020.83 32 25-Jun-08 4,102,389.42 116,246.18 4,218,635.59 19,363,631.41 33 25-Jul-08 4,437,432.93 92,917.03 4,530,349.96 14,926,198.48 34 25-Aug-08 4,766,637.84 74,073.15 4,840,710.98 10,159,560.65 35 25-Sep-08 4,624,250.59 50,460.62 4,674,711.21 5,535,310.06 36 25-Oct-08 4,492,620.00 26,633.28 4,519,253.28 1,042,690.06 37 25-Nov-08 -- 5,189.59 5,189.59 1,042,690.06 38 25-Dec-08 996,654.61 5,037.41 1,001,692.02 46,035.45 39 25-Jan-09 46,035.45 229.50 46,264.95 --
To Call FWD + 200 WAL 1.53 -------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ====================================================================================== Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 3,268,627.42 1,054,779.63 4,323,407.04 212,284,372.58 2 25-Dec-05 3,785,974.80 1,136,480.31 4,922,455.11 208,498,397.79 3 25-Jan-06 4,292,201.77 1,172,981.58 5,465,183.35 204,206,196.02 4 25-Feb-06 4,789,719.16 1,156,151.16 5,945,870.32 199,416,476.85 5 25-Mar-06 5,276,469.14 1,031,824.94 6,308,294.09 194,140,007.71 6 25-Apr-06 5,749,754.91 1,116,530.84 6,866,285.75 188,390,252.80 7 25-May-06 6,208,155.96 1,052,242.77 7,260,398.72 182,182,096.84 8 25-Jun-06 6,649,611.53 1,055,579.36 7,705,190.89 175,532,485.31 9 25-Jul-06 7,072,207.91 986,248.28 8,058,456.20 168,460,277.40 10 25-Aug-06 7,219,232.11 978,817.06 8,198,049.17 161,241,045.29 11 25-Sep-06 7,066,901.40 937,707.87 8,004,609.27 154,174,143.89 12 25-Oct-06 6,917,757.45 868,055.68 7,785,813.12 147,256,386.44 13 25-Nov-06 6,771,733.98 855,774.31 7,627,508.29 140,484,652.46 14 25-Dec-06 6,628,766.10 792,190.61 7,420,956.72 133,855,886.36 15 25-Jan-07 6,488,790.26 776,599.99 7,265,390.25 127,367,096.10 16 25-Feb-07 6,351,744.22 738,117.83 7,089,862.05 121,015,351.88 17 25-Mar-07 6,223,370.84 632,724.33 6,856,095.17 114,791,981.04 18 25-Apr-07 6,091,545.46 663,919.93 6,755,465.39 108,700,435.58 19 25-May-07 5,962,583.16 608,370.97 6,570,954.13 102,737,852.42 20 25-Jun-07 5,836,331.34 594,041.71 6,430,373.05 96,901,521.08 21 25-Jul-07 7,770,500.05 542,254.45 8,312,754.50 89,131,021.03 22 25-Aug-07 9,857,100.02 515,534.35 10,372,634.36 79,273,921.01 23 25-Sep-07 9,422,237.75 458,593.18 9,880,830.93 69,851,683.26 24 25-Oct-07 9,048,758.45 391,222.40 9,439,980.85 60,802,924.81 25 25-Nov-07 8,690,478.88 352,097.58 9,042,576.45 52,112,445.93 26 25-Dec-07 6,688,327.98 292,764.25 6,981,092.23 45,424,117.95 27 25-Jan-08 4,544,140.18 263,333.78 4,807,473.96 40,879,977.77 28 25-Feb-08 4,448,838.17 237,101.97 4,685,940.14 36,431,139.60 29 25-Mar-08 4,355,327.99 197,799.97 4,553,127.95 32,075,811.62 30 25-Apr-08 4,264,256.35 186,291.50 4,450,547.86 27,811,555.26 31 25-May-08 4,175,075.64 156,413.11 4,331,488.76 23,636,479.62 32 25-Jun-08 4,087,746.36 137,444.23 4,225,190.59 19,548,733.26 33 25-Jul-08 4,423,402.25 110,095.86 4,533,498.11 15,125,331.01 34 25-Aug-08 4,750,826.59 88,085.96 4,838,912.55 10,374,504.41 35 25-Sep-08 4,606,853.75 60,461.81 4,667,315.55 5,767,650.67 36 25-Oct-08 4,476,155.44 32,557.57 4,508,713.01 1,291,495.23 37 25-Nov-08 -- 7,540.05 7,540.05 1,291,495.23 38 25-Dec-08 1,033,178.45 7,315.67 1,040,494.12 258,316.78 39 25-Jan-09 258,316.78 1,510.21 259,826.99 --
To Maturity FWD + 100 WAL 1.52 --------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ======================================================================================= Total 0 28-Oct-05 -- -- -- 215,553,000.00 1 25-Nov-05 3,268,627.42 887,127.29 4,155,754.71 212,284,372.58 2 25-Dec-05 3,785,974.80 959,576.67 4,745,551.46 208,498,397.79 3 25-Jan-06 4,292,201.77 993,441.29 5,285,643.06 204,206,196.02 4 25-Feb-06 4,789,719.16 980,306.93 5,770,026.10 199,416,476.85 5 25-Mar-06 5,276,469.14 876,723.24 6,153,192.38 194,140,007.71 6 25-Apr-06 5,749,754.91 949,354.72 6,699,109.63 188,390,252.80 7 25-May-06 6,208,155.96 895,250.89 7,103,406.85 182,182,096.84 8 25-Jun-06 6,649,611.53 898,700.34 7,548,311.87 175,532,485.31 9 25-Jul-06 7,072,207.91 839,971.21 7,912,179.12 168,460,277.40 10 25-Aug-06 7,219,232.11 833,754.04 8,052,986.15 161,241,045.29 11 25-Sep-06 7,066,901.40 798,861.41 7,865,762.81 154,174,143.89 12 25-Oct-06 6,917,757.45 739,577.22 7,657,334.67 147,256,386.44 13 25-Nov-06 6,771,733.98 728,970.20 7,500,704.18 140,484,652.46 14 25-Dec-06 6,628,766.10 675,120.07 7,303,886.17 133,855,886.36 15 25-Jan-07 6,488,790.26 661,335.20 7,150,125.46 127,367,096.10 16 25-Feb-07 6,351,744.22 628,440.61 6,980,184.83 121,015,351.88 17 25-Mar-07 6,223,370.84 538,601.28 6,761,972.11 114,791,981.04 18 25-Apr-07 6,091,572.31 565,071.28 6,656,643.59 108,700,408.73 19 25-May-07 5,962,607.87 517,787.15 6,480,395.02 102,737,800.86 20 25-Jun-07 5,836,354.06 505,572.75 6,341,926.80 96,901,446.80 21 25-Jul-07 7,770,520.87 461,502.83 8,232,023.70 89,130,925.93 22 25-Aug-07 9,867,745.00 438,782.16 10,306,527.16 79,263,180.93 23 25-Sep-07 9,443,811.90 390,276.64 9,834,088.54 69,819,369.03 24 25-Oct-07 9,068,590.31 332,858.61 9,401,448.92 60,750,778.72 25 25-Nov-07 8,708,673.06 299,482.44 9,008,155.50 52,042,105.65 26 25-Dec-07 6,705,980.50 249,000.66 6,954,981.16 45,336,125.15 27 25-Jan-08 4,561,782.07 223,784.23 4,785,566.30 40,774,343.08 28 25-Feb-08 4,465,876.21 201,378.06 4,667,254.27 36,308,466.87 29 25-Mar-08 4,371,918.24 167,885.44 4,539,803.68 31,936,548.63 30 25-Apr-08 4,280,178.70 157,981.77 4,438,160.46 27,656,369.93 31 25-May-08 4,190,349.10 132,493.37 4,322,842.47 23,466,020.83 32 25-Jun-08 4,102,389.42 116,246.18 4,218,635.59 19,363,631.41 33 25-Jul-08 4,437,432.93 92,917.03 4,530,349.96 14,926,198.48 34 25-Aug-08 4,766,637.84 74,073.15 4,840,710.98 10,159,560.65 35 25-Sep-08 4,624,250.59 50,460.62 4,674,711.21 5,535,310.06 36 25-Oct-08 4,492,620.00 26,633.28 4,519,253.28 1,042,690.06 37 25-Nov-08 -- 5,189.59 5,189.59 1,042,690.06 38 25-Dec-08 996,654.61 5,037.41 1,001,692.02 46,035.45 39 25-Jan-09 46,035.45 229.50 46,264.95 --
To Maturity FWD + 200 WAL 1.52 ---------------------------------------------------------------------------------------- Period Date Principal Interest Cash Flow Balance ======================================================================================== Total -- 28-Oct-05 -- -- -- 215,553,000.00 1.00 25-Nov-05 3,268,627.42 1,054,779.63 4,323,407.04 212,284,372.58 2.00 25-Dec-05 3,785,974.80 1,136,480.31 4,922,455.11 208,498,397.79 3.00 25-Jan-06 4,292,201.77 1,172,981.58 5,465,183.35 204,206,196.02 4.00 25-Feb-06 4,789,719.16 1,156,151.16 5,945,870.32 199,416,476.85 5.00 25-Mar-06 5,276,469.14 1,031,824.94 6,308,294.09 194,140,007.71 6.00 25-Apr-06 5,749,754.91 1,116,530.84 6,866,285.75 188,390,252.80 7.00 25-May-06 6,208,155.96 1,052,242.77 7,260,398.72 182,182,096.84 8.00 25-Jun-06 6,649,611.53 1,055,579.36 7,705,190.89 175,532,485.31 9.00 25-Jul-06 7,072,207.91 986,248.28 8,058,456.20 168,460,277.40 10.00 25-Aug-06 7,219,232.11 978,817.06 8,198,049.17 161,241,045.29 11.00 25-Sep-06 7,066,901.40 937,707.87 8,004,609.27 154,174,143.89 12.00 25-Oct-06 6,917,757.45 868,055.68 7,785,813.12 147,256,386.44 13.00 25-Nov-06 6,771,733.98 855,774.31 7,627,508.29 140,484,652.46 14.00 25-Dec-06 6,628,766.10 792,190.61 7,420,956.72 133,855,886.36 15.00 25-Jan-07 6,488,790.26 776,599.99 7,265,390.25 127,367,096.10 16.00 25-Feb-07 6,351,744.22 738,117.83 7,089,862.05 121,015,351.88 17.00 25-Mar-07 6,223,370.84 632,724.33 6,856,095.17 114,791,981.04 18.00 25-Apr-07 6,091,545.46 663,919.93 6,755,465.39 108,700,435.58 19.00 25-May-07 5,962,583.16 608,370.97 6,570,954.13 102,737,852.42 20.00 25-Jun-07 5,836,331.34 594,041.71 6,430,373.05 96,901,521.08 21.00 25-Jul-07 7,770,500.05 542,254.45 8,312,754.50 89,131,021.03 22.00 25-Aug-07 9,857,100.02 515,534.35 10,372,634.36 79,273,921.01 23.00 25-Sep-07 9,422,237.75 458,593.18 9,880,830.93 69,851,683.26 24.00 25-Oct-07 9,048,758.45 391,222.40 9,439,980.85 60,802,924.81 25.00 25-Nov-07 8,690,478.88 352,097.58 9,042,576.45 52,112,445.93 26.00 25-Dec-07 6,688,327.98 292,764.25 6,981,092.23 45,424,117.95 27.00 25-Jan-08 4,544,140.18 263,333.78 4,807,473.96 40,879,977.77 28.00 25-Feb-08 4,448,838.17 237,101.97 4,685,940.14 36,431,139.60 29.00 25-Mar-08 4,355,327.99 197,799.97 4,553,127.95 32,075,811.62 30.00 25-Apr-08 4,264,256.35 186,291.50 4,450,547.86 27,811,555.26 31.00 25-May-08 4,175,075.64 156,413.11 4,331,488.76 23,636,479.62 32.00 25-Jun-08 4,087,746.36 137,444.23 4,225,190.59 19,548,733.26 33.00 25-Jul-08 4,423,402.25 110,095.86 4,533,498.11 15,125,331.01 34.00 25-Aug-08 4,750,826.59 88,085.96 4,838,912.55 10,374,504.41 35.00 25-Sep-08 4,606,853.75 60,461.81 4,667,315.55 5,767,650.67 36.00 25-Oct-08 4,476,155.44 32,557.57 4,508,713.01 1,291,495.23 37.00 25-Nov-08 -- 7,540.05 7,540.05 1,291,495.23 38.00 25-Dec-08 1,033,178.45 7,315.67 1,040,494.12 258,316.78 39.00 25-Jan-09 258,316.78 1,510.21 259,826.99 --
- ------------------ EFFECTIVE AFC ================== 10.000000 9.915030 9.826920 9.751150 9.741660 9.619720 9.589030 9.513680 9.500680 9.431860 9.396980 9.399280 9.327250 9.333590 9.257450 9.222480 9.339580 9.152880 9.169140 9.082440 9.102570 9.297710 9.642570 9.711910 9.636310 9.701160 9.623830 9.689230 10.166500 9.776030 9.857930 9.764010 9.852850 10.200270 10.976690 11.358420 11.006630 11.359290 10.994580 No securities are being offered by these summary materials. If the securities described herein or other securities are ultimately offered, they will be offered only pursuant to a definitive offering circular, and prospective investors who consider purchasing any such securities should make their investment decision based only upon the information provided therein and consultation with their own advisers. This material is for your private information and we are not soliciting any action based upon it. This material is not to be construed as an offer to sell or the solicitation of any offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal. This material is based on information that we consider reliable, but we do not represent that it is accurate or complete and it should not be relied upon as such. By accepting this material the recipient agrees that it will not distribute or provide the material to any other person.The information contained in this material may not pertain to any securities that will actually be sold. The information contained in this material may be based on assumptions regarding market conditions and other matters as reflected therein. We make no representations regarding the reasonableness of such assumptions or the likelihood that any of such assumptions will coincide with actual market conditions or events, and this material should not be relied upon for such purposes. We and our affiliates, officers, directors, partners and employees, including persons involved in the preparation or issuance of this material may, from time to time, have long or short positions in, and buy or sell, the securities mentioned herein or derivatives thereof (including options). This material may be filed within the Securities and Exchange Commission (the "SEC") and incorporated by reference into an effective registration statement previously filed with the SEC under Rule 415 of the Securities Act of 1933, including in cases where the material does not pertain to securities that are ultimately offered for sale pursuant to such registration statement. Information contained in this material is current as of the date appearing on this material only. Information in this material regarding the assets backing any securities discussed herein supersedes all prior information regarding such assets. Any information in the material, whether regarding the assets backing any securities discussed herein or otherwise, will be superseded by the information included in the final prospectus for any securities actually sold to you. Goldman Sachs does not provide accounting, tax or legal advice. Subject to applicable law, you may disclose any and all aspects of any potential transaction or structure described herein that are necessary to support any U.S. federal income tax benefits, without Goldman Sachs imposing any limitation of any kind.
FWD + 100 -------------------------------------------------------------------------------------------------------------------- Payment Date Rate CalculationDate LIBOR_1MO Vector LIBOR_6MO Vector LIBOR_1MO Vector LIBOR_6MO Vector ==================================================================================================================== 1 11/25/2005 10/25/2005 4.17147 4.44789 5.17147 5.44789 2 12/25/2005 11/23/2005 4.30429 4.52764 5.30429 5.52764 3 1/25/2006 12/23/2005 4.41325 4.57484 5.41325 5.57484 4 2/25/2006 1/23/2006 4.45486 4.61580 5.45486 5.61580 5 3/25/2006 2/23/2006 4.53257 4.64366 5.53257 5.64366 6 4/25/2006 3/23/2006 4.55877 4.65845 5.55877 5.65845 7 5/25/2006 4/23/2006 4.58253 4.67189 5.58253 5.67189 8 6/25/2006 5/23/2006 4.60862 4.67891 5.60862 5.67891 9 7/25/2006 6/23/2006 4.62233 4.68528 5.62233 5.68528 10 8/25/2006 7/23/2006 4.62753 4.68435 5.62753 5.68435 11 9/25/2006 8/23/2006 4.63356 4.68062 5.63356 5.68062 12 10/25/2006 9/23/2006 4.63643 4.67363 5.63643 5.67363 13 11/25/2006 10/23/2006 4.62879 4.66657 5.62879 5.66657 14 12/25/2006 11/23/2006 4.64678 4.66087 5.64678 5.66087 15 1/25/2007 12/23/2006 4.61753 4.65168 5.61753 5.65168 16 2/25/2007 1/23/2007 4.60991 4.64808 5.60991 5.64808 17 3/25/2007 2/23/2007 4.60231 4.64619 5.60231 5.64619 18 4/25/2007 3/23/2007 4.59653 4.64691 5.59653 5.64691 19 5/25/2007 4/23/2007 4.59612 4.64827 5.59612 5.64827 20 6/25/2007 5/23/2007 4.59471 4.64983 5.59471 5.64983 21 7/25/2007 6/23/2007 4.59512 4.65402 5.59512 5.65402 22 8/25/2007 7/23/2007 4.59691 4.65754 5.59691 5.65754 23 9/25/2007 8/23/2007 4.59797 4.65995 5.59797 5.65995 24 10/25/2007 9/23/2007 4.60091 4.66394 5.60091 5.66394 25 11/25/2007 10/23/2007 4.60480 4.66816 5.60480 5.66816 26 12/25/2007 11/23/2007 4.62152 4.67232 5.62152 5.67232 27 1/25/2008 12/23/2007 4.61226 4.67372 5.61226 5.67372 28 2/25/2008 1/23/2008 4.61543 4.67855 5.61543 5.67855 29 3/25/2008 2/23/2008 4.61997 4.68327 5.61997 5.68327 30 4/25/2008 3/23/2008 4.62460 4.68535 5.62460 5.68535 31 5/25/2008 4/23/2008 4.62884 4.69061 5.62884 5.69061 32 6/25/2008 5/23/2008 4.63281 4.69636 5.63281 5.69636 33 7/25/2008 6/23/2008 4.63824 4.70300 5.63824 5.70300 34 8/25/2008 7/23/2008 4.64305 4.70827 5.64305 5.70827 35 9/25/2008 8/23/2008 4.64791 4.71243 5.64791 5.71243 36 10/25/2008 9/23/2008 4.65383 4.71836 5.65383 5.71836 37 11/25/2008 10/23/2008 4.65988 4.72319 5.65988 5.72319 38 12/25/2008 11/23/2008 4.67740 4.72860 5.67740 5.72860 39 1/25/2009 12/23/2008 4.66930 4.73062 5.66930 5.73062 40 2/25/2009 1/23/2009 4.67295 4.73457 5.67295 5.73457 41 3/25/2009 2/23/2009 4.67912 4.73953 5.67912 5.73953 42 4/25/2009 3/23/2009 4.68278 4.74179 5.68278 5.74179 43 5/25/2009 4/23/2009 4.68715 4.74630 5.68715 5.74630 44 6/25/2009 5/23/2009 4.69144 4.75098 5.69144 5.75098 45 7/25/2009 6/23/2009 4.69502 4.75848 5.69502 5.75848 46 8/25/2009 7/23/2009 4.69837 4.76239 5.69837 5.76239 47 9/25/2009 8/23/2009 4.69960 4.76558 5.69960 5.76558 48 10/25/2009 9/23/2009 4.70436 4.77030 5.70436 5.77030 49 11/25/2009 10/23/2009 4.70948 4.77409 5.70948 5.77409 50 12/25/2009 11/23/2009 4.73867 4.77899 5.73867 5.77899 51 1/25/2010 12/23/2009 4.71683 4.77805 5.71683 5.77805 52 2/25/2010 1/23/2010 4.71983 4.78158 5.71983 5.78158 53 3/25/2010 2/23/2010 4.72496 4.78686 5.72496 5.78686 54 4/25/2010 3/23/2010 4.72822 4.79191 5.72822 5.79191 55 5/25/2010 4/23/2010 4.73212 4.79592 5.73212 5.79592 56 6/25/2010 5/23/2010 4.73576 4.80005 5.73576 5.80005 57 7/25/2010 6/23/2010 4.73927 4.80668 5.73927 5.80668 58 8/25/2010 7/23/2010 4.74329 4.80993 5.74329 5.80993 59 9/25/2010 8/23/2010 4.74955 4.81289 5.74955 5.81289 60 10/25/2010 9/23/2010 4.75297 4.81648 5.75297 5.81648 61 11/25/2010 10/23/2010 4.75660 4.81967 5.75660 5.81967 62 12/25/2010 11/23/2010 4.78422 4.82434 5.78422 5.82434 63 1/25/2011 12/23/2010 4.76263 4.82322 5.76263 5.82322 64 2/25/2011 1/23/2011 4.76533 4.82771 5.76533 5.82771 65 3/25/2011 2/23/2011 4.77052 4.83358 5.77052 5.83358 66 4/25/2011 3/23/2011 4.77417 4.83785 5.77417 5.83785 67 5/25/2011 4/23/2011 4.77957 4.84282 5.77957 5.84282 68 6/25/2011 5/23/2011 4.78343 4.84791 5.78343 5.84791 69 7/25/2011 6/23/2011 4.78832 4.85655 5.78832 5.85655 70 8/25/2011 7/23/2011 4.79392 4.86192 5.79392 5.86192 71 9/25/2011 8/23/2011 4.79853 4.86514 5.79853 5.86514 72 10/25/2011 9/23/2011 4.80265 4.86975 5.80265 5.86975 73 11/25/2011 10/23/2011 4.80739 4.87414 5.80739 5.87414 74 12/25/2011 11/23/2011 4.83593 4.87993 5.83593 5.87993 75 1/25/2012 12/23/2011 4.81604 4.87994 5.81604 5.87994 76 2/25/2012 1/23/2012 4.81958 4.88639 5.81958 5.88639 77 3/25/2012 2/23/2012 4.82501 4.89220 5.82501 5.89220 78 4/25/2012 3/23/2012 4.82982 4.89854 5.82982 5.89854 79 5/25/2012 4/23/2012 4.83573 4.90562 5.83573 5.90562 80 6/25/2012 5/23/2012 4.84126 4.91212 5.84126 5.91212 81 7/25/2012 6/23/2012 4.84903 4.92020 5.84903 5.92020 82 8/25/2012 7/23/2012 4.85492 4.92731 5.85492 5.92731 83 9/25/2012 8/23/2012 4.86089 4.93180 5.86089 5.93180 84 10/25/2012 9/23/2012 4.86801 4.93823 5.86801 5.93823 85 11/25/2012 10/23/2012 4.87401 4.94491 5.87401 5.94491 86 12/25/2012 11/23/2012 4.89293 4.95044 5.89293 5.95044 87 1/25/2013 12/23/2012 4.88573 4.95324 5.88573 5.95324 88 2/25/2013 1/23/2013 4.89034 4.95981 5.89034 5.95981 89 3/25/2013 2/23/2013 4.89683 4.96529 5.89683 5.96529 90 4/25/2013 3/23/2013 4.90333 4.97036 5.90333 5.97036 91 5/25/2013 4/23/2013 4.90838 4.97711 5.90838 5.97711 92 6/25/2013 5/23/2013 4.91286 4.98217 5.91286 5.98217 93 7/25/2013 6/23/2013 4.91926 4.99025 5.91926 5.99025 94 8/25/2013 7/23/2013 4.92394 4.99548 5.92394 5.99548 95 9/25/2013 8/23/2013 4.92834 4.99959 5.92834 5.99959 96 10/25/2013 9/23/2013 4.93443 5.00562 5.93443 6.00562 97 11/25/2013 10/23/2013 4.94082 5.01170 5.94082 6.01170 98 12/25/2013 11/23/2013 4.95912 5.01694 5.95912 6.01694 99 1/25/2014 12/23/2013 4.95196 5.02004 5.95196 6.02004 100 2/25/2014 1/23/2014 4.95578 5.02486 5.95578 6.02486 101 3/25/2014 2/23/2014 4.96185 5.03022 5.96185 6.03022 102 4/25/2014 3/23/2014 4.96741 5.03549 5.96741 6.03549 103 5/25/2014 4/23/2014 4.97212 5.04045 5.97212 6.04045 104 6/25/2014 5/23/2014 4.97620 5.04581 5.97620 6.04581 105 7/25/2014 6/23/2014 4.98154 5.05182 5.98154 6.05182 106 8/25/2014 7/23/2014 4.98575 5.05644 5.98575 6.05644 107 9/25/2014 8/23/2014 4.99042 5.05997 5.99042 6.05997 108 10/25/2014 9/23/2014 4.99548 5.06559 5.99548 6.06559 109 11/25/2014 10/23/2014 5.00102 5.07030 6.00102 6.07030 110 12/25/2014 11/23/2014 5.01797 5.07578 6.01797 6.07578 111 1/25/2015 12/23/2014 5.00966 5.07803 6.00966 6.07803 112 2/25/2015 1/23/2015 5.01312 5.08237 6.01312 6.08237 113 3/25/2015 2/23/2015 5.01966 5.08809 6.01966 6.08809 114 4/25/2015 3/23/2015 5.02353 5.09285 6.02353 6.09285 115 5/25/2015 4/23/2015 5.02846 5.09845 6.02846 6.09845 116 6/25/2015 5/23/2015 5.03351 5.10436 6.03351 6.10436 117 7/25/2015 6/23/2015 5.03797 5.10848 6.03797 6.10848 118 8/25/2015 7/23/2015 5.04238 5.11346 6.04238 6.11346 119 9/25/2015 8/23/2015 5.04743 5.11968 6.04743 6.11968 120 10/25/2015 9/23/2015 5.05362 5.12361 6.05362 6.12361 121 11/25/2015 10/23/2015 5.05999 5.12799 6.05999 6.12799 122 12/25/2015 11/23/2015 5.06452 5.13350 6.06452 6.13350 123 1/25/2016 12/23/2015 5.06888 5.13681 6.06888 6.13681 124 2/25/2016 1/23/2016 5.07445 5.14080 6.07445 6.14080 125 3/25/2016 2/23/2016 5.07823 5.14550 6.07823 6.14550 126 4/25/2016 3/23/2016 5.08134 5.14799 6.08134 6.14799 127 5/25/2016 4/23/2016 5.08621 5.15156 6.08621 6.15156 128 6/25/2016 5/23/2016 5.08860 5.15504 6.08860 6.15504 129 7/25/2016 6/23/2016 5.09179 5.15803 6.09179 6.15803 130 8/25/2016 7/23/2016 5.09496 5.16228 6.09496 6.16228 131 9/25/2016 8/23/2016 5.09683 5.16423 6.09683 6.16423 132 10/25/2016 9/23/2016 5.10058 5.16770 6.10058 6.16770 133 11/25/2016 10/23/2016 5.10518 5.17095 6.10518 6.17095 134 12/25/2016 11/23/2016 5.10911 5.17522 6.10911 6.17522 135 1/25/2017 12/23/2016 5.11239 5.17801 6.11239 6.17801 136 2/25/2017 1/23/2017 5.11409 5.18257 6.11409 6.18257 137 3/25/2017 2/23/2017 5.11851 5.18608 6.11851 6.18608 138 4/25/2017 3/23/2017 5.12132 5.18882 6.12132 6.18882 139 5/25/2017 4/23/2017 5.12543 5.19350 6.12543 6.19350 140 6/25/2017 5/23/2017 5.12802 5.19640 6.12802 6.19640 141 7/25/2017 6/23/2017 5.13149 5.19989 6.13149 6.19989 142 8/25/2017 7/23/2017 5.13469 5.20410 6.13469 6.20410 143 9/25/2017 8/23/2017 5.13921 5.20659 6.13921 6.20659 144 10/25/2017 9/23/2017 5.14456 5.21022 6.14456 6.21022 145 11/25/2017 10/23/2017 5.14766 5.21436 6.14766 6.21436 146 12/25/2017 11/23/2017 5.15266 5.21700 6.15266 6.21700 147 1/25/2018 12/23/2017 5.15555 5.21929 6.15555 6.21929 148 2/25/2018 1/23/2018 5.15723 5.22277 6.15723 6.22277 149 3/25/2018 2/23/2018 5.16117 5.22524 6.16117 6.22524 150 4/25/2018 3/23/2018 5.16336 5.22679 6.16336 6.22679 151 5/25/2018 4/23/2018 5.16609 5.22961 6.16609 6.22961 152 6/25/2018 5/23/2018 5.16778 5.23181 6.16778 6.23181 153 7/25/2018 6/23/2018 5.17112 5.23363 6.17112 6.23363 154 8/25/2018 7/23/2018 5.17157 5.23629 6.17157 6.23629 155 9/25/2018 8/23/2018 5.17241 5.23733 6.17241 6.23733 156 10/25/2018 9/23/2018 5.17610 5.24026 6.17610 6.24026 157 11/25/2018 10/23/2018 5.17893 5.24307 6.17893 6.24307 158 12/25/2018 11/23/2018 5.18214 5.24461 6.18214 6.24461 159 1/25/2019 12/23/2018 5.18401 5.24571 6.18401 6.24571 160 2/25/2019 1/23/2019 5.18489 5.24774 6.18489 6.24774 161 3/25/2019 2/23/2019 5.18768 5.24892 6.18768 6.24892 162 4/25/2019 3/23/2019 5.18987 5.24909 6.18987 6.24909 163 5/25/2019 4/23/2019 5.19018 5.25044 6.19018 6.25044 164 6/25/2019 5/23/2019 5.19041 5.25100 6.19041 6.25100 165 7/25/2019 6/23/2019 5.19188 5.25209 6.19188 6.25209 166 8/25/2019 7/23/2019 5.19110 5.25218 6.19110 6.25218 167 9/25/2019 8/23/2019 5.19051 5.25229 6.19051 6.25229 168 10/25/2019 9/23/2019 5.19214 5.25450 6.19214 6.25450 169 11/25/2019 10/23/2019 5.19409 5.25459 6.19409 6.25459 170 12/25/2019 11/23/2019 5.19499 5.25596 6.19499 6.25596 171 1/25/2020 12/23/2019 5.19597 5.25511 6.19597 6.25511 172 2/25/2020 1/23/2020 5.19586 5.25513 6.19586 6.25513 173 3/25/2020 2/23/2020 5.19780 5.25563 6.19780 6.25563 174 4/25/2020 3/23/2020 5.19684 5.25472 6.19684 6.25472 175 5/25/2020 4/23/2020 5.19710 5.25498 6.19710 6.25498 176 6/25/2020 5/23/2020 5.19709 5.25533 6.19709 6.25533 177 7/25/2020 6/23/2020 5.19603 5.25390 6.19603 6.25390 178 8/25/2020 7/23/2020 5.19514 5.25378 6.19514 6.25378 179 9/25/2020 8/23/2020 5.19341 5.25271 6.19341 6.25271 180 10/25/2020 9/23/2020 5.19394 5.25341 6.19394 6.25341 181 11/25/2020 10/23/2020 5.19510 5.25334 6.19510 6.25334 182 12/25/2020 11/23/2020 5.19437 5.25403 6.19437 6.25403 183 1/25/2021 12/23/2020 5.19466 5.25424 6.19466 6.25424 184 2/25/2021 1/23/2021 5.19382 5.25407 6.19382 6.25407 185 3/25/2021 2/23/2021 5.19557 5.25613 6.19557 6.25613 186 4/25/2021 3/23/2021 5.19504 5.25511 6.19504 6.25511 187 5/25/2021 4/23/2021 5.19559 5.25595 6.19559 6.25595 188 6/25/2021 5/23/2021 5.19573 5.25638 6.19573 6.25638 189 7/25/2021 6/23/2021 5.19584 5.25563 6.19584 6.25563 190 8/25/2021 7/23/2021 5.19665 5.25559 6.19665 6.25559 191 9/25/2021 8/23/2021 5.19555 5.25476 6.19555 6.25476 192 10/25/2021 9/23/2021 5.19629 5.25466 6.19629 6.25466 193 11/25/2021 10/23/2021 5.19623 5.25412 6.19623 6.25412 194 12/25/2021 11/23/2021 5.19576 5.25430 6.19576 6.25430 195 1/25/2022 12/23/2021 5.19565 5.25371 6.19565 6.25371 196 2/25/2022 1/23/2022 5.19436 5.25344 6.19436 6.25344 197 3/25/2022 2/23/2022 5.19529 5.25466 6.19529 6.25466 198 4/25/2022 3/23/2022 5.19467 5.25356 6.19467 6.25356 199 5/25/2022 4/23/2022 5.19551 5.25356 6.19551 6.25356 200 6/25/2022 5/23/2022 5.19406 5.25310 6.19406 6.25310 201 7/25/2022 6/23/2022 5.19410 5.25268 6.19410 6.25268 202 8/25/2022 7/23/2022 5.19406 5.25291 6.19406 6.25291 203 9/25/2022 8/23/2022 5.19288 5.25086 6.19288 6.25086 204 10/25/2022 9/23/2022 5.19279 5.25031 6.19279 6.25031 205 11/25/2022 10/23/2022 5.19301 5.24931 6.19301 6.24931 206 12/25/2022 11/23/2022 5.19241 5.24897 6.19241 6.24897 207 1/25/2023 12/23/2022 5.19187 5.24796 6.19187 6.24796 208 2/25/2023 1/23/2023 5.18938 5.24790 6.18938 6.24790 209 3/25/2023 2/23/2023 5.18985 5.24755 6.18985 6.24755 210 4/25/2023 3/23/2023 5.18883 5.24641 6.18883 6.24641 211 5/25/2023 4/23/2023 5.18882 5.24666 6.18882 6.24666 212 6/25/2023 5/23/2023 5.18729 5.24500 6.18729 6.24500 213 7/25/2023 6/23/2023 5.18687 5.24411 6.18687 6.24411 214 8/25/2023 7/23/2023 5.18601 5.24349 6.18601 6.24349 215 9/25/2023 8/23/2023 5.18474 5.24138 6.18474 6.24138 216 10/25/2023 9/23/2023 5.18490 5.24071 6.18490 6.24071 217 11/25/2023 10/23/2023 5.18278 5.23953 6.18278 6.23953 218 12/25/2023 11/23/2023 5.18285 5.23842 6.18285 6.23842 219 1/25/2024 12/23/2023 5.18150 5.23696 6.18150 6.23696 220 2/25/2024 1/23/2024 5.17930 5.23605 6.17930 6.23605 221 3/25/2024 2/23/2024 5.17898 5.23526 6.17898 6.23526 222 4/25/2024 3/23/2024 5.17851 5.23360 6.17851 6.23360 223 5/25/2024 4/23/2024 5.17651 5.23288 6.17651 6.23288 224 6/25/2024 5/23/2024 5.17502 5.23163 6.17502 6.23163 225 7/25/2024 6/23/2024 5.17482 5.23060 6.17482 6.23060 226 8/25/2024 7/23/2024 5.17269 5.22834 6.17269 6.22834 227 9/25/2024 8/23/2024 5.17106 5.22588 6.17106 6.22588 228 10/25/2024 9/23/2024 5.17004 5.22473 6.17004 6.22473 229 11/25/2024 10/23/2024 5.16894 5.22350 6.16894 6.22350 230 12/25/2024 11/23/2024 5.16705 5.22148 6.16705 6.22148 231 1/25/2025 12/23/2024 5.16552 5.21981 6.16552 6.21981 232 2/25/2025 1/23/2025 5.16302 5.21822 6.16302 6.21822 233 3/25/2025 2/23/2025 5.16260 5.21734 6.16260 6.21734 234 4/25/2025 3/23/2025 5.16130 5.21591 6.16130 6.21591 235 5/25/2025 4/23/2025 5.15922 5.21413 6.15922 6.21413 236 6/25/2025 5/23/2025 5.15726 5.21327 6.15726 6.21327 237 7/25/2025 6/23/2025 5.15624 5.21103 6.15624 6.21103 238 8/25/2025 7/23/2025 5.15404 5.20913 6.15404 6.20913 239 9/25/2025 8/23/2025 5.15142 5.20670 6.15142 6.20670 240 10/25/2025 9/23/2025 5.14998 5.20568 6.14998 6.20568 241 11/25/2025 10/23/2025 5.14947 5.20447 6.14947 6.20447 242 12/25/2025 11/23/2025 5.14702 5.20305 6.14702 6.20305 243 1/25/2026 12/23/2025 5.14587 5.20189 6.14587 6.20189 244 2/25/2026 1/23/2026 5.14360 5.20030 6.14360 6.20030 245 3/25/2026 2/23/2026 5.14420 5.20020 6.14420 6.20020 246 4/25/2026 3/23/2026 5.14182 5.19851 6.14182 6.19851 247 5/25/2026 4/23/2026 5.14100 5.19768 6.14100 6.19768 248 6/25/2026 5/23/2026 5.14014 5.19717 6.14014 6.19717 249 7/25/2026 6/23/2026 5.13852 5.19519 6.13852 6.19519 250 8/25/2026 7/23/2026 5.13738 5.19403 6.13738 6.19403 251 9/25/2026 8/23/2026 5.13616 5.19175 6.13616 6.19175 252 10/25/2026 9/23/2026 5.13494 5.19088 6.13494 6.19088 253 11/25/2026 10/23/2026 5.13447 5.18935 6.13447 6.18935 254 12/25/2026 11/23/2026 5.13250 5.18842 6.13250 6.18842 255 1/25/2027 12/23/2026 5.13142 5.18733 6.13142 6.18733 256 2/25/2027 1/23/2027 5.12920 5.18579 6.12920 6.18579 257 3/25/2027 2/23/2027 5.12952 5.18647 6.12952 6.18647 258 4/25/2027 3/23/2027 5.12762 5.18420 6.12762 6.18420 259 5/25/2027 4/23/2027 5.12688 5.18346 6.12688 6.18346 260 6/25/2027 5/23/2027 5.12572 5.18335 6.12572 6.18335 261 7/25/2027 6/23/2027 5.12457 5.18114 6.12457 6.18114 262 8/25/2027 7/23/2027 5.12415 5.18002 6.12415 6.18002 263 9/25/2027 8/23/2027 5.12191 5.17811 6.12191 6.17811 264 10/25/2027 9/23/2027 5.12123 5.17743 6.12123 6.17743 265 11/25/2027 10/23/2027 5.12115 5.17595 6.12115 6.17595 266 12/25/2027 11/23/2027 5.11958 5.17507 6.11958 6.17507 267 1/25/2028 12/23/2027 5.11792 5.17375 6.11792 6.17375 268 2/25/2028 1/23/2028 5.11682 5.17265 6.11682 6.17265 269 3/25/2028 2/23/2028 5.11573 5.17225 6.11573 6.17225 270 4/25/2028 3/23/2028 5.11437 5.17088 6.11437 6.17088 271 5/25/2028 4/23/2028 5.11401 5.17088 6.11401 6.17088 272 6/25/2028 5/23/2028 5.11222 5.16906 6.11222 6.16906 273 7/25/2028 6/23/2028 5.11156 5.16806 6.11156 6.16806 274 8/25/2028 7/23/2028 5.11051 5.16735 6.11051 6.16735 275 9/25/2028 8/23/2028 5.10911 5.16524 6.10911 6.16524 276 10/25/2028 9/23/2028 5.10913 5.16422 6.10913 6.16422 277 11/25/2028 10/23/2028 5.10699 5.16347 6.10699 6.16347 278 12/25/2028 11/23/2028 5.10703 5.16211 6.10703 6.16211 279 1/25/2029 12/23/2028 5.10573 5.16080 6.10573 6.16080 280 2/25/2029 1/23/2029 5.10330 5.16045 6.10330 6.16045 281 3/25/2029 2/23/2029 5.10343 5.15989 6.10343 6.15989 282 4/25/2029 3/23/2029 5.10211 5.15856 6.10211 6.15856 283 5/25/2029 4/23/2029 5.10149 5.15829 6.10149 6.15829 284 6/25/2029 5/23/2029 5.10016 5.15730 6.10016 6.15730 285 7/25/2029 6/23/2029 5.10059 5.15600 6.10059 6.15600 286 8/25/2029 7/23/2029 5.09848 5.15493 6.09848 6.15493 287 9/25/2029 8/23/2029 5.09727 5.15300 6.09727 6.15300 288 10/25/2029 9/23/2029 5.09703 5.15242 6.09703 6.15242 289 11/25/2029 10/23/2029 5.09570 5.15178 6.09570 6.15178 290 12/25/2029 11/23/2029 5.09510 5.15048 6.09510 6.15048 291 1/25/2030 12/23/2029 5.09387 5.14925 6.09387 6.14925 292 2/25/2030 1/23/2030 5.09191 5.14902 6.09191 6.14902 293 3/25/2030 2/23/2030 5.09211 5.14853 6.09211 6.14853 294 4/25/2030 3/23/2030 5.09188 5.14726 6.09188 6.14726 295 5/25/2030 4/23/2030 5.09022 5.14659 6.09022 6.14659 296 6/25/2030 5/23/2030 5.08906 5.14605 6.08906 6.14605 297 7/25/2030 6/23/2030 5.08922 5.14540 6.08922 6.14540 298 8/25/2030 7/23/2030 5.08759 5.14357 6.08759 6.14357 299 9/25/2030 8/23/2030 5.08637 5.14149 6.08637 6.14149 300 10/25/2030 9/23/2030 5.08567 5.14073 6.08567 6.14073 301 11/25/2030 10/23/2030 5.08488 5.13992 6.08488 6.13992 302 12/25/2030 11/23/2030 5.08337 5.13838 6.08337 6.13838 303 1/25/2031 12/23/2030 5.08223 5.13723 6.08223 6.13723 304 2/25/2031 1/23/2031 5.08016 5.13615 6.08016 6.13615 305 3/25/2031 2/23/2031 5.08016 5.13580 6.08016 6.13580 306 4/25/2031 3/23/2031 5.07937 5.13500 6.07937 6.13500 307 5/25/2031 4/23/2031 5.07787 5.13347 6.07787 6.13347 308 6/25/2031 5/23/2031 5.07647 5.13343 6.07647 6.13343 309 7/25/2031 6/23/2031 5.07607 5.13163 6.07607 6.13163 310 8/25/2031 7/23/2031 5.07457 5.13011 6.07457 6.13011 311 9/25/2031 8/23/2031 5.07382 5.12832 6.07382 6.12832 312 10/25/2031 9/23/2031 5.07233 5.12748 6.07233 6.12748 313 11/25/2031 10/23/2031 5.07230 5.12607 6.07230 6.12607 314 12/25/2031 11/23/2031 5.07006 5.12517 6.07006 6.12517 315 1/25/2032 12/23/2031 5.06905 5.12380 6.06905 6.12380 316 2/25/2032 1/23/2032 5.06729 5.12270 6.06729 6.12270 317 3/25/2032 2/23/2032 5.06727 5.12301 6.06727 6.12301 318 4/25/2032 3/23/2032 5.06544 5.12081 6.06544 6.12081 319 5/25/2032 4/23/2032 5.06474 5.12010 6.06474 6.12010 320 6/25/2032 5/23/2032 5.06363 5.12000 6.06363 6.12000 321 7/25/2032 6/23/2032 5.06253 5.11784 6.06253 6.11784 322 8/25/2032 7/23/2032 5.06213 5.11675 6.06213 6.11675 323 9/25/2032 8/23/2032 5.05994 5.11487 6.05994 6.11487 324 10/25/2032 9/23/2032 5.05928 5.11385 6.05928 6.11385 325 11/25/2032 10/23/2032 5.05919 5.11239 6.05919 6.11239 326 12/25/2032 11/23/2032 5.05765 5.11150 6.05765 6.11150 327 1/25/2033 12/23/2032 5.05601 5.11019 6.05601 6.11019 328 2/25/2033 1/23/2033 5.05391 5.10907 6.05391 6.10907 329 3/25/2033 2/23/2033 5.05393 5.10942 6.05393 6.10942 330 4/25/2033 3/23/2033 5.05249 5.10763 6.05249 6.10763 331 5/25/2033 4/23/2033 5.05244 5.10689 6.05244 6.10689 332 6/25/2033 5/23/2033 5.05027 5.10570 6.05027 6.10570 333 7/25/2033 6/23/2033 5.04962 5.10470 6.04962 6.10470 334 8/25/2033 7/23/2033 5.04887 5.10427 6.04887 6.10427 335 9/25/2033 8/23/2033 5.04707 5.10176 6.04707 6.10176 336 10/25/2033 9/23/2033 5.04639 5.10073 6.04639 6.10073 337 11/25/2033 10/23/2033 5.04598 5.09928 6.04598 6.09928 338 12/25/2033 11/23/2033 5.04482 5.09845 6.04482 6.09845 339 1/25/2034 12/23/2033 5.04384 5.09711 6.04384 6.09711 340 2/25/2034 1/23/2034 5.04101 5.09662 6.04101 6.09662 341 3/25/2034 2/23/2034 5.04104 5.09596 6.04104 6.09596 342 4/25/2034 3/23/2034 5.03970 5.09459 6.03970 6.09459 343 5/25/2034 4/23/2034 5.03932 5.09455 6.03932 6.09455 344 6/25/2034 5/23/2034 5.03754 5.09274 6.03754 6.09274 345 7/25/2034 6/23/2034 5.03687 5.09171 6.03687 6.09171 346 8/25/2034 7/23/2034 5.03580 5.09096 6.03580 6.09096 347 9/25/2034 8/23/2034 5.03439 5.08885 6.03439 6.08885 348 10/25/2034 9/23/2034 5.03436 5.08779 6.03436 6.08779 349 11/25/2034 10/23/2034 5.03222 5.08664 6.03222 6.08664 350 12/25/2034 11/23/2034 5.03218 5.08558 6.03218 6.08558 351 1/25/2035 12/23/2034 5.03085 5.08423 6.03085 6.08423 352 2/25/2035 1/23/2035 5.02842 5.08345 6.02842 6.08345 353 3/25/2035 2/23/2035 5.02845 5.08314 6.02845 6.08314 354 4/25/2035 3/23/2035 5.02709 5.08175 6.02709 6.08175 355 5/25/2035 4/23/2035 5.02640 5.08132 6.02640 6.08132 356 6/25/2035 5/23/2035 5.02500 5.07945 6.02500 6.07945 357 7/25/2035 6/23/2035 5.02498 5.07856 6.02498 6.07856 358 8/25/2035 7/23/2035 5.02319 5.07715 6.02319 6.07715 359 9/25/2035 8/23/2035 5.02182 5.07519 6.02182 6.07519 360 10/25/2035 9/23/2035 5.02115 5.07413 6.02115 6.07413 FWD + 200 --------------------------------------- LIBOR_1MO Vector LIBOR_6MO Vector ======================================= 1 6.17147 6.44789 2 6.30429 6.52764 3 6.41325 6.57484 4 6.45486 6.61580 5 6.53257 6.64366 6 6.55877 6.65845 7 6.58253 6.67189 8 6.60862 6.67891 9 6.62233 6.68528 10 6.62753 6.68435 11 6.63356 6.68062 12 6.63643 6.67363 13 6.62879 6.66657 14 6.64678 6.66087 15 6.61753 6.65168 16 6.60991 6.64808 17 6.60231 6.64619 18 6.59653 6.64691 19 6.59612 6.64827 20 6.59471 6.64983 21 6.59512 6.65402 22 6.59691 6.65754 23 6.59797 6.65995 24 6.60091 6.66394 25 6.60480 6.66816 26 6.62152 6.67232 27 6.61226 6.67372 28 6.61543 6.67855 29 6.61997 6.68327 30 6.62460 6.68535 31 6.62884 6.69061 32 6.63281 6.69636 33 6.63824 6.70300 34 6.64305 6.70827 35 6.64791 6.71243 36 6.65383 6.71836 37 6.65988 6.72319 38 6.67740 6.72860 39 6.66930 6.73062 40 6.67295 6.73457 41 6.67912 6.73953 42 6.68278 6.74179 43 6.68715 6.74630 44 6.69144 6.75098 45 6.69502 6.75848 46 6.69837 6.76239 47 6.69960 6.76558 48 6.70436 6.77030 49 6.70948 6.77409 50 6.73867 6.77899 51 6.71683 6.77805 52 6.71983 6.78158 53 6.72496 6.78686 54 6.72822 6.79191 55 6.73212 6.79592 56 6.73576 6.80005 57 6.73927 6.80668 58 6.74329 6.80993 59 6.74955 6.81289 60 6.75297 6.81648 61 6.75660 6.81967 62 6.78422 6.82434 63 6.76263 6.82322 64 6.76533 6.82771 65 6.77052 6.83358 66 6.77417 6.83785 67 6.77957 6.84282 68 6.78343 6.84791 69 6.78832 6.85655 70 6.79392 6.86192 71 6.79853 6.86514 72 6.80265 6.86975 73 6.80739 6.87414 74 6.83593 6.87993 75 6.81604 6.87994 76 6.81958 6.88639 77 6.82501 6.89220 78 6.82982 6.89854 79 6.83573 6.90562 80 6.84126 6.91212 81 6.84903 6.92020 82 6.85492 6.92731 83 6.86089 6.93180 84 6.86801 6.93823 85 6.87401 6.94491 86 6.89293 6.95044 87 6.88573 6.95324 88 6.89034 6.95981 89 6.89683 6.96529 90 6.90333 6.97036 91 6.90838 6.97711 92 6.91286 6.98217 93 6.91926 6.99025 94 6.92394 6.99548 95 6.92834 6.99959 96 6.93443 7.00562 97 6.94082 7.01170 98 6.95912 7.01694 99 6.95196 7.02004 100 6.95578 7.02486 101 6.96185 7.03022 102 6.96741 7.03549 103 6.97212 7.04045 104 6.97620 7.04581 105 6.98154 7.05182 106 6.98575 7.05644 107 6.99042 7.05997 108 6.99548 7.06559 109 7.00102 7.07030 110 7.01797 7.07578 111 7.00966 7.07803 112 7.01312 7.08237 113 7.01966 7.08809 114 7.02353 7.09285 115 7.02846 7.09845 116 7.03351 7.10436 117 7.03797 7.10848 118 7.04238 7.11346 119 7.04743 7.11968 120 7.05362 7.12361 121 7.05999 7.12799 122 7.06452 7.13350 123 7.06888 7.13681 124 7.07445 7.14080 125 7.07823 7.14550 126 7.08134 7.14799 127 7.08621 7.15156 128 7.08860 7.15504 129 7.09179 7.15803 130 7.09496 7.16228 131 7.09683 7.16423 132 7.10058 7.16770 133 7.10518 7.17095 134 7.10911 7.17522 135 7.11239 7.17801 136 7.11409 7.18257 137 7.11851 7.18608 138 7.12132 7.18882 139 7.12543 7.19350 140 7.12802 7.19640 141 7.13149 7.19989 142 7.13469 7.20410 143 7.13921 7.20659 144 7.14456 7.21022 145 7.14766 7.21436 146 7.15266 7.21700 147 7.15555 7.21929 148 7.15723 7.22277 149 7.16117 7.22524 150 7.16336 7.22679 151 7.16609 7.22961 152 7.16778 7.23181 153 7.17112 7.23363 154 7.17157 7.23629 155 7.17241 7.23733 156 7.17610 7.24026 157 7.17893 7.24307 158 7.18214 7.24461 159 7.18401 7.24571 160 7.18489 7.24774 161 7.18768 7.24892 162 7.18987 7.24909 163 7.19018 7.25044 164 7.19041 7.25100 165 7.19188 7.25209 166 7.19110 7.25218 167 7.19051 7.25229 168 7.19214 7.25450 169 7.19409 7.25459 170 7.19499 7.25596 171 7.19597 7.25511 172 7.19586 7.25513 173 7.19780 7.25563 174 7.19684 7.25472 175 7.19710 7.25498 176 7.19709 7.25533 177 7.19603 7.25390 178 7.19514 7.25378 179 7.19341 7.25271 180 7.19394 7.25341 181 7.19510 7.25334 182 7.19437 7.25403 183 7.19466 7.25424 184 7.19382 7.25407 185 7.19557 7.25613 186 7.19504 7.25511 187 7.19559 7.25595 188 7.19573 7.25638 189 7.19584 7.25563 190 7.19665 7.25559 191 7.19555 7.25476 192 7.19629 7.25466 193 7.19623 7.25412 194 7.19576 7.25430 195 7.19565 7.25371 196 7.19436 7.25344 197 7.19529 7.25466 198 7.19467 7.25356 199 7.19551 7.25356 200 7.19406 7.25310 201 7.19410 7.25268 202 7.19406 7.25291 203 7.19288 7.25086 204 7.19279 7.25031 205 7.19301 7.24931 206 7.19241 7.24897 207 7.19187 7.24796 208 7.18938 7.24790 209 7.18985 7.24755 210 7.18883 7.24641 211 7.18882 7.24666 212 7.18729 7.24500 213 7.18687 7.24411 214 7.18601 7.24349 215 7.18474 7.24138 216 7.18490 7.24071 217 7.18278 7.23953 218 7.18285 7.23842 219 7.18150 7.23696 220 7.17930 7.23605 221 7.17898 7.23526 222 7.17851 7.23360 223 7.17651 7.23288 224 7.17502 7.23163 225 7.17482 7.23060 226 7.17269 7.22834 227 7.17106 7.22588 228 7.17004 7.22473 229 7.16894 7.22350 230 7.16705 7.22148 231 7.16552 7.21981 232 7.16302 7.21822 233 7.16260 7.21734 234 7.16130 7.21591 235 7.15922 7.21413 236 7.15726 7.21327 237 7.15624 7.21103 238 7.15404 7.20913 239 7.15142 7.20670 240 7.14998 7.20568 241 7.14947 7.20447 242 7.14702 7.20305 243 7.14587 7.20189 244 7.14360 7.20030 245 7.14420 7.20020 246 7.14182 7.19851 247 7.14100 7.19768 248 7.14014 7.19717 249 7.13852 7.19519 250 7.13738 7.19403 251 7.13616 7.19175 252 7.13494 7.19088 253 7.13447 7.18935 254 7.13250 7.18842 255 7.13142 7.18733 256 7.12920 7.18579 257 7.12952 7.18647 258 7.12762 7.18420 259 7.12688 7.18346 260 7.12572 7.18335 261 7.12457 7.18114 262 7.12415 7.18002 263 7.12191 7.17811 264 7.12123 7.17743 265 7.12115 7.17595 266 7.11958 7.17507 267 7.11792 7.17375 268 7.11682 7.17265 269 7.11573 7.17225 270 7.11437 7.17088 271 7.11401 7.17088 272 7.11222 7.16906 273 7.11156 7.16806 274 7.11051 7.16735 275 7.10911 7.16524 276 7.10913 7.16422 277 7.10699 7.16347 278 7.10703 7.16211 279 7.10573 7.16080 280 7.10330 7.16045 281 7.10343 7.15989 282 7.10211 7.15856 283 7.10149 7.15829 284 7.10016 7.15730 285 7.10059 7.15600 286 7.09848 7.15493 287 7.09727 7.15300 288 7.09703 7.15242 289 7.09570 7.15178 290 7.09510 7.15048 291 7.09387 7.14925 292 7.09191 7.14902 293 7.09211 7.14853 294 7.09188 7.14726 295 7.09022 7.14659 296 7.08906 7.14605 297 7.08922 7.14540 298 7.08759 7.14357 299 7.08637 7.14149 300 7.08567 7.14073 301 7.08488 7.13992 302 7.08337 7.13838 303 7.08223 7.13723 304 7.08016 7.13615 305 7.08016 7.13580 306 7.07937 7.13500 307 7.07787 7.13347 308 7.07647 7.13343 309 7.07607 7.13163 310 7.07457 7.13011 311 7.07382 7.12832 312 7.07233 7.12748 313 7.07230 7.12607 314 7.07006 7.12517 315 7.06905 7.12380 316 7.06729 7.12270 317 7.06727 7.12301 318 7.06544 7.12081 319 7.06474 7.12010 320 7.06363 7.12000 321 7.06253 7.11784 322 7.06213 7.11675 323 7.05994 7.11487 324 7.05928 7.11385 325 7.05919 7.11239 326 7.05765 7.11150 327 7.05601 7.11019 328 7.05391 7.10907 329 7.05393 7.10942 330 7.05249 7.10763 331 7.05244 7.10689 332 7.05027 7.10570 333 7.04962 7.10470 334 7.04887 7.10427 335 7.04707 7.10176 336 7.04639 7.10073 337 7.04598 7.09928 338 7.04482 7.09845 339 7.04384 7.09711 340 7.04101 7.09662 341 7.04104 7.09596 342 7.03970 7.09459 343 7.03932 7.09455 344 7.03754 7.09274 345 7.03687 7.09171 346 7.03580 7.09096 347 7.03439 7.08885 348 7.03436 7.08779 349 7.03222 7.08664 350 7.03218 7.08558 351 7.03085 7.08423 352 7.02842 7.08345 353 7.02845 7.08314 354 7.02709 7.08175 355 7.02640 7.08132 356 7.02500 7.07945 357 7.02498 7.07856 358 7.02319 7.07715 359 7.02182 7.07519 360 7.02115 7.07413 -----------------------------------
Prepay Vector - --------------------------------------------------------------------------- Month <= Vector 1 Vector 2 - --------------------------------------------------------------------------- 2/28 ARM 3/27 ARM 2/28 ARM 3/27 ARM - --------------------------------------------------------------------------- 1 5.000 5.000 5.000 5.000 2 7.000 7.000 6.545 6.545 3 9.000 9.000 8.091 8.091 4 11.000 11.000 9.636 9.636 5 13.000 13.000 11.182 11.182 6 15.000 15.000 12.727 12.727 7 17.000 17.000 14.273 14.273 8 19.000 19.000 15.818 15.818 9 21.000 21.000 17.364 17.364 10 23.000 23.000 18.909 18.909 11 25.000 25.000 20.455 20.455 12 27.000 27.000 22.000 22.000 13 27 27 22.000 22.000 14 27 27 22.000 22.000 15 27 27 22.000 22.000 16 27 27 22.000 22.000 17 27 27 22.000 22.000 18 27 27 22.000 22.000 19 27 27 22.000 22.000 20 27 27 22.000 22.000 21 27 27 22.000 22.000 22 27 27 22.000 22.000 23 27 27 22.000 22.000 24 40 27 40 22.000 25 40 27 40 22.000 26 40 27 40 22.000 27 40 27 40 22.000 28 40 27 40 22.000 29 25 27 22 22.000 30 25 27 22 22.000 31 25 27 22 22.000 32 25 27 22 22.000 33 25 27 22 22.000 34 25 27 22 22.000 35 25 27 22 22.000 36 25 40 22 40 37 25 40 22 40 38 25 40 22 40 39 25 40 22 40 40 25 40 22 40 41 25 25 22 22 42 25 25 22 22 360 25 25 22 22 - --------------------------------------------------------------------------- -----END PRIVACY-ENHANCED MESSAGE-----