-----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, Cef1CXCaXcWwoTOjvvPh9SoQfl3G3nOu9QPf1l2+DQvzeJeWmrddjPV3c8csBE45 1CUXU/GeZBAWgOMkdCPS7A== 0000914121-05-002430.txt : 20051221 0000914121-05-002430.hdr.sgml : 20051221 20051221104822 ACCESSION NUMBER: 0000914121-05-002430 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20051219 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051221 DATE AS OF CHANGE: 20051221 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: 051277198 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 we876716-8k.txt FORM 8K 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: December 19, 2005 (Date of earliest event reported) Wells Fargo Asset Securities Corporation - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 333-122307 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) and Computational Materials (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 Credit Suisse First Boston LLC which are hereby filed pursuant to such letter. ITEM 9.01 Financial Statements and Exhibits --------------------------------- (c) Exhibits Item 601(a) of Regulation S-K Exhibit No. Description - ----------- ----------- (99) Collateral Term Sheets and Computational Materials prepared by Credit Suisse First Boston LLC in connection with Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-16 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 December 19, 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 and Computational Materials prepared by Credit Suisse First Boston LLC in connection with Wells Fargo Asset Securities Corporation, Mortgage Pass-Through Certificates, Series 2005-16 EX-99 2 we876716-ex99.txt COLLATERAL TERM SHEETS EXHIBIT 99 [GRAPHIC OMITTED][GRAPHIC OMITTED] Fixed Overview Report: WFMBS 05-16 Prelim - --------------------------------------------------------------------------------
Summary of Loans in Statistical Calculation Pool Range (As of 11/15/2005 ) Range Total Number of Loans 1,676 Total Outstanding Balance $799,566,672 Average Loan Balance $477,068 $56,948 to $1,998,102 Escrow Balance % 0.00% WA Mortgage Rate 5.899% 5.375% to 6.750% WA Original Term (months) 357 240 to 360 WA Remaining Term (months) 356 230 to 360 WA Age (months) 1 0 to 19 WA LTV 68.76% 11.78% to 95.00% WA CLTV 73.27% 11.78% to 100.00% WA FICO 743 0 to 817 Balloon 0.00% California North 10.82% California South (ZIP : 90000-93600) 14.74% Size (% of pool) Jumbo/Super-Jumbo 83.45% Conforming (Size=C) 16.55% Secured by (% of pool) 1st Liens 100.00% 2st Liens 0.00% Prepayment Penalty (% of all loans) 0.00%
Top 10 States Top 10 Prop Doc Types Provided Doc Purpose Codes Occ Codes Orig PP Term IO Loans - ------------- ----------- ------------ ------------ ------------- ---------- ------------ ------------- CA 25.57% SFR 90.52% FL/AL 57.70% 1 57.70% P 47.00% P 92.06% 0 100.00% 0 80.01% NY 10.48% CO 6.36% SS 0.47% 4 38.22% CO 33.46% S 7.94% 120 12.19% VA 6.04% CP 1.48% RE 38.22% 5 3.61% RT 19.53% 180 7.80% MD 5.89% 2-4F 1.34% ND 3.61% 3 0.47% MN 5.23% PUD 0.29% NJ 4.68% IL 4.52% FL 3.85% PA 3.65% MA 3.34%
- -------------------------------------------------------------------------------- The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). CSFB is acting as underwriter and not acting as agent for the issuer or its affiliates in connection with the proposed transaction. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur.
Total Loan Avg Min Max Net Cutoff Sched Bal Count PCT Sched Bal Coupon Coupon WAC Rate RTerm -------------- ----- ------ ------------ ------ ------ ----- ----- ------ All 799,566,672.48 1,676 100.00 477,068.42 5.38 6.75 5.90 5.64 356 orig_balance 0 =< ... < 100000.01 2,383,725.28 30 0.30 79,457.51 5.75 6.50 6.11 5.85 357 100000.01 =< ... < 200000.01 30,313,620.25 191 3.79 158,710.05 5.50 6.63 5.99 5.73 357 200000.01 =< ... < 300000.01 58,384,425.94 234 7.30 249,506.09 5.38 6.50 5.97 5.71 359 300000.01 =< ... < 400000.01 39,109,219.18 117 4.89 334,266.83 5.50 6.75 5.95 5.69 358 400000.01 =< ... < 500000.01 214,375,485.51 475 26.81 451,316.81 5.38 6.63 5.89 5.63 356 500000.01 =< ... < 600000.01 136,077,226.88 248 17.02 548,698.50 5.38 6.50 5.88 5.62 356 600000.01 =< ... < 700000.01 104,528,273.54 160 13.07 653,301.71 5.50 6.25 5.88 5.62 356 700000.01 =< ... < 800000.01 50,302,801.75 67 6.29 750,788.09 5.63 6.50 5.89 5.63 359 800000.01 =< ... < 900000.01 43,698,827.32 51 5.47 856,839.75 5.50 6.25 5.90 5.64 357 900000.01 =< ... < 1000000.01 61,326,480.24 63 7.67 973,436.19 5.38 6.25 5.85 5.59 359 1000000.01 =< ... < 1250000.01 10,144,818.83 9 1.27 1,127,202.09 5.50 6.50 5.91 5.65 345 >= 1250000.01 48,921,767.76 31 6.12 1,578,121.54 5.50 6.25 5.92 5.66 354 Sched_Balance 0 =< ... < 100000.01 2,383,725.28 30 0.30 79,457.51 5.75 6.50 6.11 5.85 357 100000.01 =< ... < 200000.01 30,440,575.86 192 3.81 158,544.67 5.50 6.63 5.99 5.73 357 200000.01 =< ... < 300000.01 58,257,470.33 233 7.29 250,032.06 5.38 6.50 5.97 5.71 359 300000.01 =< ... < 400000.01 39,908,152.31 119 4.99 335,362.62 5.50 6.75 5.94 5.68 358 400000.01 =< ... < 500000.01 213,576,552.38 473 26.71 451,536.05 5.38 6.63 5.89 5.63 356 500000.01 =< ... < 600000.01 136,077,226.88 248 17.02 548,698.50 5.38 6.50 5.88 5.62 356 600000.01 =< ... < 700000.01 104,528,273.54 160 13.07 653,301.71 5.50 6.25 5.88 5.62 356 700000.01 =< ... < 800000.01 50,302,801.75 67 6.29 750,788.09 5.63 6.50 5.89 5.63 359 800000.01 =< ... < 900000.01 43,698,827.32 51 5.47 856,839.75 5.50 6.25 5.90 5.64 357 900000.01 =< ... < 1000000.01 61,326,480.24 63 7.67 973,436.19 5.38 6.25 5.85 5.59 359 1000000.01 =< ... < 1250000.01 11,244,818.83 10 1.41 1,124,481.88 5.50 6.50 5.92 5.66 347 >= 1250000.01 47,821,767.76 30 5.98 1,594,058.93 5.50 6.25 5.92 5.66 354 state TOP 10 Other 213,977,744.46 510 26.76 419,564.20 5.38 6.50 5.89 5.63 357 CA 204,413,756.18 386 25.57 529,569.32 5.38 6.75 5.95 5.69 356 NY 83,791,689.79 154 10.48 544,101.88 5.50 6.50 5.90 5.64 357 VA 48,283,325.78 104 6.04 464,262.75 5.50 6.38 5.88 5.62 359 MD 47,085,112.70 98 5.89 480,460.33 5.63 6.50 5.86 5.60 354 MN 41,795,063.51 108 5.23 386,991.33 5.50 6.50 5.85 5.59 356 NJ 37,389,412.13 81 4.68 461,597.68 5.63 6.63 5.90 5.64 356 IL 36,141,954.48 68 4.52 531,499.33 5.50 6.25 5.84 5.58 356 FL 30,772,430.76 64 3.85 480,819.23 5.38 6.63 5.95 5.69 349 PA 29,200,781.42 53 3.65 550,958.14 5.38 6.50 5.85 5.59 359 MA 26,715,401.27 50 3.34 534,308.03 5.50 6.38 5.83 5.57 359 Orig_LTV 0 =< ... < 50.01 87,770,407.50 184 10.98 477,013.08 5.38 6.63 5.93 5.67 355 50.01 =< ... < 60.01 92,504,744.10 178 11.57 519,689.57 5.50 6.38 5.89 5.63 356 60.01 =< ... < 70.01 181,299,601.74 329 22.67 551,062.62 5.38 6.75 5.91 5.65 356 70.01 =< ... < 80.01 424,077,617.27 936 53.04 453,074.38 5.38 6.63 5.89 5.63 357 80.01 =< ... < 90.01 10,378,016.39 34 1.30 305,235.78 5.63 6.38 5.93 5.67 358 90.01 =< ... < 100.01 3,536,285.48 15 0.44 235,752.37 5.63 6.38 5.99 5.73 359 Cutoff Season FICO LTV ------------ ------ ---- All 1 743 69 orig_balance 1 746 67 0 =< ... < 100000.01 100000.01 =< ... < 200000.01 1 737 67 200000.01 =< ... < 300000.01 1 744 69 300000.01 =< ... < 400000.01 1 739 72 400000.01 =< ... < 500000.01 1 748 71 500000.01 =< ... < 600000.01 1 744 72 600000.01 =< ... < 700000.01 1 744 69 700000.01 =< ... < 800000.01 1 736 67 800000.01 =< ... < 900000.01 1 737 68 900000.01 =< ... < 1000000.01 1 730 63 1000000.01 =< ... < 1250000.01 1 754 60 >= 1250000.01 1 750 62 Sched_Balance 0 =< ... < 100000.01 1 746 67 100000.01 =< ... < 200000.01 1 737 67 200000.01 =< ... < 300000.01 1 744 69 300000.01 =< ... < 400000.01 1 739 72 400000.01 =< ... < 500000.01 1 748 71 500000.01 =< ... < 600000.01 1 744 72 600000.01 =< ... < 700000.01 1 744 69 700000.01 =< ... < 800000.01 1 736 67 800000.01 =< ... < 900000.01 1 737 68 900000.01 =< ... < 1000000.01 1 730 63 1000000.01 =< ... < 1250000.01 1 749 60 >= 1250000.01 1 751 62 state TOP 10 Other 1 744 71 CA 1 743 63 NY 1 736 68 VA 1 737 73 MD 1 747 73 MN 1 749 73 NJ 1 736 71 IL 1 742 72 FL 1 756 66 PA 1 751 71 MA 1 741 68 Orig_LTV 0 =< ... < 50.01 1 742 40 50.01 =< ... < 60.01 1 751 56 60.01 =< ... < 70.01 1 740 66 70.01 =< ... < 80.01 1 743 78 80.01 =< ... < 90.01 1 721 87 90.01 =< ... < 100.01 1 712 95
- -------------------------------------------------------------------------------- The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). CSFB is acting as underwriter and not acting as agent for the issuer or its affiliates in connection with the proposed transaction. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur.
Total Loan Avg Min Max Net Cutoff Sched Bal Count PCT Sched Bal Coupon Coupon WAC Rate RTerm -------------- ----- ------ ------------ ------ ------ ----- ----- ------ Curr_Rate 5.25 =< ... < 5.5 3,045,236.62 6 0.38 507,539.44 5.38 5.38 5.38 5.12 356 5.5 =< ... < 5.75 57,291,192.04 109 7.17 525,607.27 5.50 5.63 5.60 5.34 349 5.75 =< ... < 6 468,942,619.92 922 58.65 508,614.56 5.75 5.88 5.82 5.56 356 6 =< ... < 6.25 206,354,966.07 475 25.81 434,431.51 6.00 6.13 6.04 5.78 358 6.25 =< ... < 6.5 56,007,530.70 141 7.00 397,216.53 6.25 6.38 6.27 6.01 359 6.5 =< ... < 6.75 7,580,424.16 22 0.95 344,564.73 6.50 6.63 6.52 6.26 359 6.75 =< ... < 7 344,702.97 1 0.04 344,702.97 6.75 6.75 6.75 6.49 360 Property_Type 2 Family 10,721,642.72 19 1.34 564,296.99 5.75 6.38 6.01 5.75 357 Co-op 11,858,909.81 26 1.48 456,111.92 5.50 6.38 5.89 5.63 359 Condo - High Rise >8 floors 13,838,114.79 31 1.73 446,390.80 5.50 6.50 5.98 5.72 359 Condo - Low Rise <5 floors 37,023,759.14 103 4.63 359,453.97 5.38 6.50 5.94 5.68 357 PUD 2,320,052.74 4 0.29 580,013.19 5.63 5.88 5.75 5.49 358 Single Family Detached 723,804,193.28 1,493 90.52 484,798.52 5.38 6.75 5.89 5.63 356 Purpose Purchase 375,828,750.15 802 47.00 468,614.40 5.38 6.63 5.88 5.62 358 Refinance - Cashout 267,554,904.13 580 33.46 461,301.56 5.38 6.75 5.93 5.67 354 Refinance - Rate Term 156,183,018.20 294 19.53 531,234.76 5.38 6.63 5.88 5.62 356 Occupancy Primary 736,110,526.72 1,537 92.06 478,926.82 5.38 6.75 5.90 5.64 356 Secondary 63,456,145.76 139 7.94 456,519.03 5.50 6.50 5.93 5.67 359 Orig_Term 240 =< ... < 252 16,666,620.02 31 2.08 537,632.90 5.50 6.00 5.78 5.52 236 300 =< ... < 312 1,086,285.78 3 0.14 362,095.26 5.88 6.00 5.88 5.62 300 336 =< ... < 348 422,999.62 1 0.05 422,999.62 5.88 5.88 5.88 5.62 335 360 =< ... < 372 781,390,767.06 1,641 97.73 476,167.44 5.38 6.75 5.90 5.64 359 Doc_Type Full 461,342,939.44 870 57.70 530,279.24 5.38 6.63 5.88 5.62 357 No Doc (NINA) 28,849,106.63 71 3.61 406,325.45 5.50 6.38 5.87 5.61 355 Reduced (partial) 305,632,809.72 727 38.22 420,402.76 5.38 6.75 5.94 5.68 356 Stated / Stated 3,741,816.69 8 0.47 467,727.09 5.63 6.00 5.80 5.54 344 Fico 0 =< ... < 99 105,198.04 1 0.01 105,198.04 6.25 6.25 6.25 5.99 359 600 =< ... < 650 12,490,560.86 25 1.56 499,622.43 5.75 6.63 5.93 5.67 352 650 =< ... < 700 133,422,137.56 302 16.69 441,795.16 5.38 6.75 5.93 5.67 356 700 =< ... < 750 252,568,011.17 507 31.59 498,161.76 5.38 6.63 5.91 5.65 357 750 =< ... < 800 356,010,819.46 731 44.53 487,018.90 5.38 6.50 5.88 5.62 356 800 =< ... < 850 44,969,945.39 110 5.62 408,817.69 5.63 6.50 5.89 5.63 359 Prepay_Months 0 799,566,672.48 1,676 100.00 477,068.42 5.38 6.75 5.90 5.64 356 interest_only_period 0 639,754,842.95 1,176 80.01 544,009.22 5.38 6.75 5.89 5.63 356 Cutoff Season FICO LTV ----------- ------ ---- Curr_Rate 5.25 =< ... < 5.5 4 744 69 5.5 =< ... < 5.75 2 753 69 5.75 =< ... < 6 1 744 69 6 =< ... < 6.25 1 741 68 6.25 =< ... < 6.5 1 737 66 6.5 =< ... < 6.75 1 709 71 6.75 =< ... < 7 0 667 69 Property_Type 2 Family 1 734 66 Co-op 1 750 66 Condo - High Rise >8 floors 1 750 70 Condo - Low Rise <5 floors 1 752 69 PUD 2 764 74 Single Family Detached 1 742 69 Purpose Purchase 1 751 74 Refinance - Cashout 1 732 64 Refinance - Rate Term 1 743 66 Occupancy Primary 1 742 69 Secondary 1 758 68 Orig_Term 240 =< ... < 252 4 739 65 300 =< ... < 312 0 722 78 336 =< ... < 348 1 772 80 360 =< ... < 372 1 743 69 Doc_Type Full 1 737 71 No Doc (NINA) 1 761 64 Reduced (partial) 1 751 66 Stated / Stated 2 742 70 Fico 0 =< ... < 99 1 80 600 =< ... < 650 2 640 68 650 =< ... < 700 1 680 70 700 =< ... < 750 1 725 68 750 =< ... < 800 1 776 69 800 =< ... < 850 1 805 67 Prepay_Months 0 1 743 69 interest_only_period 0 1 742 69
- -------------------------------------------------------------------------------- The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). CSFB is acting as underwriter and not acting as agent for the issuer or its affiliates in connection with the proposed transaction. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur.
Total Loan Avg Min Max Cutoff Cutoff Sched Bal Count PCT Sched Bal Coupon Coupon WAC Rate RTerm - ------------------------------ -------------- ----- ------ ------------ ------ ------ ----- ----- ------ 120 97,455,700.89 305 12.19 319,526.89 5.38 6.63 5.96 5.70 359 180 62,356,128.64 195 7.80 319,775.02 5.38 6.50 5.95 5.69 359 Cutoff Season FICO LTV - ------------------------------ ------------ ------ ---- 120 1 743 70 180 1 752 67
- -------------------------------------------------------------------------------- The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). CSFB is acting as underwriter and not acting as agent for the issuer or its affiliates in connection with the proposed transaction. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur. WFMBS05-16AR9 - Price/Yield - A1
Balance $13,444,000.00 Delay 24 WAC 5.9 WAM 358 Coupon 6 Dated 12/1/2005 NET 5.5 WALA 2 Settle 12/30/2005 First Payment 1/25/2006 Contrib Wac 5.9
Price 1 2 3 4 5 6 7 8 9 ` Yield Yield Yield Yield Yield Yield Yield Yield Yield 97-00.00 6.297 6.304 6.315 6.330 6.350 6.475 6.676 6.907 7.109 97-04.00 6.286 6.292 6.303 6.317 6.336 6.456 6.647 6.867 7.058 97-08.00 6.275 6.281 6.291 6.305 6.323 6.436 6.618 6.826 7.008 97-12.00 6.265 6.270 6.279 6.293 6.310 6.417 6.589 6.786 6.958 97-16.00 6.254 6.259 6.268 6.280 6.296 6.397 6.559 6.745 6.907 97-20.00 6.243 6.248 6.256 6.268 6.283 6.378 6.530 6.705 6.857 97-24.00 6.232 6.237 6.245 6.255 6.270 6.358 6.501 6.665 6.807 97-28.00 6.222 6.226 6.233 6.243 6.256 6.339 6.472 6.624 6.757 98-00.00 6.211 6.215 6.221 6.231 6.243 6.320 6.443 6.584 6.707 98-04.00 6.200 6.204 6.210 6.219 6.230 6.300 6.414 6.544 6.657 98-08.00 6.189 6.193 6.198 6.206 6.217 6.281 6.385 6.504 6.608 98-12.00 6.179 6.182 6.187 6.194 6.203 6.262 6.356 6.464 6.558 98-16.00 6.168 6.171 6.175 6.182 6.190 6.243 6.327 6.424 6.508 98-20.00 6.158 6.160 6.164 6.170 6.177 6.224 6.299 6.384 6.459 98-24.00 6.147 6.149 6.153 6.158 6.164 6.205 6.270 6.344 6.410 98-28.00 6.136 6.138 6.141 6.145 6.151 6.185 6.241 6.305 6.360 99-00.00 6.126 6.127 6.130 6.133 6.138 6.166 6.212 6.265 6.311 99-04.00 6.115 6.116 6.118 6.121 6.125 6.147 6.184 6.225 6.262 99-08.00 6.105 6.106 6.107 6.109 6.112 6.128 6.155 6.186 6.213 99-12.00 6.094 6.095 6.096 6.097 6.099 6.109 6.127 6.146 6.164 99-16.00 6.084 6.084 6.085 6.085 6.086 6.091 6.098 6.107 6.115 99-20.00 6.073 6.073 6.073 6.073 6.073 6.072 6.070 6.068 6.066 99-24.00 6.063 6.063 6.062 6.061 6.060 6.053 6.041 6.028 6.017 99-28.00 6.053 6.052 6.051 6.049 6.047 6.034 6.013 5.989 5.968 100-00.00 6.042 6.041 6.040 6.037 6.034 6.015 5.985 5.950 5.919 100-04.00 6.032 6.031 6.028 6.025 6.021 5.997 5.956 5.911 5.871 100-08.00 6.021 6.020 6.017 6.013 6.008 5.978 5.928 5.872 5.822 100-12.00 6.011 6.009 6.006 6.002 5.996 5.959 5.900 5.833 5.774 100-16.00 6.001 5.999 5.995 5.990 5.983 5.941 5.872 5.794 5.726 100-20.00 5.991 5.988 5.984 5.978 5.970 5.922 5.844 5.755 5.677 100-24.00 5.980 5.978 5.973 5.966 5.957 5.903 5.816 5.716 5.629 100-28.00 5.970 5.967 5.962 5.954 5.945 5.885 5.788 5.677 5.581 101-00.00 5.960 5.956 5.951 5.942 5.932 5.866 5.760 5.638 5.533 101-04.00 5.950 5.946 5.940 5.931 5.919 5.848 5.732 5.600 5.485 101-08.00 5.939 5.935 5.929 5.919 5.907 5.829 5.704 5.561 5.437 101-12.00 5.929 5.925 5.918 5.907 5.894 5.811 5.676 5.523 5.389 101-16.00 5.919 5.915 5.907 5.896 5.881 5.793 5.648 5.484 5.341 101-20.00 5.909 5.904 5.896 5.884 5.869 5.774 5.620 5.446 5.294 101-24.00 5.899 5.894 5.885 5.872 5.856 5.756 5.593 5.407 5.246 101-28.00 5.889 5.883 5.874 5.861 5.844 5.738 5.565 5.369 5.198 102-00.00 5.879 5.873 5.863 5.849 5.831 5.720 5.537 5.331 5.151
Spread @ Center Price 138 140 143 146 149 158 WAL 24.06 22.45 20.24 17.90 15.66 9.30 Mod Durn 11.96 11.62 11.08 10.40 9.64 6.62 Principal Window Jan09 - Oct35 Jan09 - Oct35 Jan09 - Oct35 Jan09 - Oct35 Jan09 - Oct35 Jan09 - Oct35 Spread @ Center Price 164 167 168 WAL 5.27 3.63 2.86 Mod Durn 4.39 3.17 2.55 Principal Window Jan09 - Jan12 Jan09 - Nov09 Aug08 - Jan09
LIBOR_1MO 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 4.2 Prepay 100 PSA 150 PSA 200 PSA 250 PSA 300 PSA 400 PSA 500 PSA 750 PSA 1000 PSA
Treasury Mat 6MO 2YR 3YR 5YR 10YR 30YR ` Yld 4.312 4.432 4.431 4.450 4.521 4.721 The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). THE INFORMATION HAS BEEN PREPARED AND FURNISHED TO YOU SOLELY BY CREDIT SUISSE FIRST BOSTON LLC (CSFB) AND NOT THE ISSUER OF THE SECURITIES OR ANY OF ITS AFFILIATES. THE PRELIMINARY DESCRIPTION OF THE UNDERLYING ASSETS HAS NOT BEEN INDEPENDENTLY VERIFIED BY CSFB. CSFB IS ACTING AS UNDERWRITER AND NOT ACTING AS AGENT FOR THE ISSUER OR ITS AFFILIATES IN CONNECTION WITH THE PROPOSED TRANSACTION. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur. The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this information relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/. The issuer's current effective registration statement may be found at http://www.sec.gov/Archives/edgar/data/1011663/0001193 12505178099/0001193125-05-178099-index.htm. Additional material information to your decision may also be found at http://www.sec.gov/Archives/edgar/data/1011663/000091412105002094/0000914121- 05-002094-index.htm. WFMBS05-16ED - Price/Yield - ED Balance $58,034,322.00 Delay 24 WAC 5.9 WAM 358 Coupon 5.8 Dated 12/1/2005 NET 5.5 WALA 2 Settle 12/30/2005 First Payment 1/25/2006 Price 1 2 3 4 5 6 7 8 ` Yield Yield Yield Yield Yield Yield Yield Yield 95-07.00 6.220 6.252 6.282 6.324 6.544 6.889 7.286 7.631 95-15.00 6.199 6.230 6.258 6.297 6.505 6.829 7.204 7.528 95-23.00 6.179 6.207 6.234 6.271 6.466 6.770 7.121 7.426 95-31.00 6.158 6.185 6.210 6.245 6.426 6.711 7.039 7.323 96-07.00 6.138 6.163 6.186 6.218 6.387 6.652 6.957 7.222 96-15.00 6.118 6.141 6.162 6.192 6.348 6.593 6.876 7.120 96-23.00 6.098 6.119 6.139 6.166 6.309 6.535 6.794 7.019 96-31.00 6.078 6.097 6.115 6.140 6.271 6.477 6.713 6.918 97-07.00 6.058 6.075 6.091 6.114 6.232 6.418 6.632 6.818 97-15.00 6.038 6.054 6.068 6.088 6.194 6.360 6.552 6.717 97-23.00 6.018 6.032 6.045 6.063 6.156 6.303 6.471 6.617 97-31.00 5.998 6.010 6.021 6.037 6.118 6.245 6.391 6.518 98-07.00 5.979 5.989 5.998 6.011 6.080 6.188 6.311 6.419 98-15.00 5.959 5.967 5.975 5.986 6.042 6.130 6.232 6.320 98-23.00 5.940 5.946 5.952 5.961 6.004 6.073 6.152 6.221 98-31.00 5.920 5.925 5.929 5.935 5.967 6.016 6.073 6.123 99-07.00 5.901 5.904 5.906 5.910 5.929 5.960 5.994 6.025
WAL 25.80 21.53 18.73 15.99 9.35 5.29 Mod Durn 12.85 11.77 10.90 9.90 6.66 4.41 Principal Window Jul28 - Oct35 Mar23 - Oct35 Mar20 - Oct35 Nov15 - Oct35 Dec11 - Oct35 Sep10 - Jan12 Prepay 125 PSA 200 PSA 250 PSA 300 PSA 400 PSA 500 PSA WAL 3.63 2.86 Mod Durn 3.17 2.55 Principal Window May09 - Nov09 Aug08 - Jan09 Prepay 750 PSA 1000 PSA
Treasury Mat 6MO 2YR 3YR 5YR 10YR 30YR Yld 4.279 4.312 4.306 4.311 4.388 4.607 - -------------------------------------------------------------------------------- The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). THE INFORMATION HAS BEEN PREPARED AND FURNISHED TO YOU SOLELY BY CREDIT SUISSE FIRST BOSTON LLC (CSFB) AND NOT THE ISSUER OF THE SECURITIES OR ANY OF ITS AFFILIATES. THE PRELIMINARY DESCRIPTION OF THE UNDERLYING ASSETS HAS NOT BEEN INDEPENDENTLY VERIFIED BY CSFB. CSFB IS ACTING AS UNDERWRITER AND NOT ACTING AS AGENT FOR THE ISSUER OR ITS AFFILIATES IN CONNECTION WITH THE PROPOSED TRANSACTION. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur. The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this information relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/. The issuer's current effective registration statement may be found at http://www.sec.gov/Archives/edgar/data/1011663/0001193 12505178099/0001193125-05-178099-index.htm. Additional material information to your decision may also be found at http://www.sec.gov/Archives/edgar/data/1011663/000091412105002094/0000914121- 05-002094-index.htm. WFMBS05-16AR10 - Price/Yield - MLIM Balance $10,000,000.00 Delay 24 WAC 5.9 WAM 358 Coupon 6 Dated 12/1/2005 NET 5.5 WALA 2 Settle 12/30/2005 First Payment 1/25/2006 Price 1 2 3 4 5 6 7 8 ` Yield Yield Yield Yield Yield Yield Yield Yield 97-28.00 6.217 6.251 6.286 6.350 6.455 6.532 6.691 6.827 97-30.00 6.212 6.245 6.278 6.339 6.441 6.516 6.669 6.800 98-00.00 6.206 6.238 6.270 6.329 6.427 6.499 6.646 6.772 98-02.00 6.201 6.232 6.263 6.319 6.413 6.482 6.624 6.745 98-04.00 6.196 6.225 6.255 6.309 6.399 6.465 6.601 6.717 98-06.00 6.191 6.219 6.247 6.299 6.385 6.449 6.579 6.690 98-08.00 6.186 6.213 6.240 6.289 6.371 6.432 6.556 6.662 98-10.00 6.181 6.206 6.232 6.279 6.358 6.415 6.534 6.635 98-12.00 6.176 6.200 6.224 6.269 6.344 6.399 6.511 6.608 98-14.00 6.170 6.193 6.217 6.259 6.330 6.382 6.489 6.580 98-16.00 6.165 6.187 6.209 6.250 6.316 6.366 6.467 6.553 98-18.00 6.160 6.181 6.201 6.240 6.303 6.349 6.444 6.526 98-20.00 6.155 6.174 6.194 6.230 6.289 6.332 6.422 6.498 98-22.00 6.150 6.168 6.186 6.220 6.275 6.316 6.400 6.471 98-24.00 6.145 6.161 6.179 6.210 6.261 6.299 6.377 6.444 98-26.00 6.140 6.155 6.171 6.200 6.248 6.283 6.355 6.417 98-28.00 6.134 6.149 6.163 6.190 6.234 6.266 6.333 6.389
Spread @ Center Price 146 159 167 177 190 196 WAL 23.90 15.87 12.03 8.33 5.56 4.47 Mod Durn 12.28 9.89 8.26 6.34 4.58 3.80 Principal Window Mar28 - Sep31 Feb19 - Apr24 Apr15 - Mar21 Jan13 - Feb17 Jan11 - Jan12 Mar10 - Sep10 Spread @ Center Price 208 218 WAL 3.20 2.57 Mod Durn 2.82 2.31 Principal Window Jan09 - May09 Jun08 - Aug08
LIBOR_1MO 4.37 4.37 4.37 4.37 4.37 4.37 4.37 4.37 Prepay 100 PSA 200 PSA 250 PSA 300 PSA 400 PSA 500 PSA 750 PSA 1000 PSA
Treasury Mat 6MO 2YR 3YR 5YR 10YR 30YR Yld 4.274 4.421 4.426 4.437 4.531 4.728 - -------------------------------------------------------------------------------- The information contained in the attached materials (the "Information") has been provided by Credit Suisse First Boston LLC ("CSFB"). THE INFORMATION HAS BEEN PREPARED AND FURNISHED TO YOU SOLELY BY CREDIT SUISSE FIRST BOSTON LLC (CSFB) AND NOT THE ISSUER OF THE SECURITIES OR ANY OF ITS AFFILIATES. THE PRELIMINARY DESCRIPTION OF THE UNDERLYING ASSETS HAS NOT BEEN INDEPENDENTLY VERIFIED BY CSFB. CSFB IS ACTING AS UNDERWRITER AND NOT ACTING AS AGENT FOR THE ISSUER OR ITS AFFILIATES IN CONNECTION WITH THE PROPOSED TRANSACTION. The Information contained herein is preliminary and subject to change. The Information does not include all of the information required to be included in the final prospectus relating to the certificates. As such, the Information may not reflect the impact of all structural characteristics of the certificates. The assumptions underlying the Information, including structure and collateral, may be modified from time to time to reflect changed circumstances. Prospective investors in the certificates should read the relevant documents filed, or to be filed, with the Securities and Exchange Commission (the "Commission") because they contain important information. Such documents may be obtained without charge at the Commission's website. Although a registration statement (including the base prospectus) relating to the certificates discussed in this communication has been filed with the Commission and is effective, the final prospectus supplement relating to the certificates discussed in this communication has not yet been filed with the Commission. Prospective purchasers are recommended to review the final prospectus and prospectus supplement relating to the certificates ("Offering Documents") discussed in this communication. Offering Documents contain data that is current as of their publication dates and after publication may no longer be complete or current. A final prospectus and prospectus supplement may be obtained by contacting the CSFB trading desk or from the Commission's website. There shall not be any offer or sale of the certificates discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The analyses, calculations and valuations herein are based on certain assumptions and data provided by third parties that may vary from the actual characteristics of the pool. Neither Credit Suisse First Boston LLC nor the Depositor have verified these analyses, calculations or valuations or represent that any such valuations represent levels where actual trades may occur. The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this information relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at http://www.sec.gov/. The issuer's current effective registration statement may be found at http://www.sec.gov/Archives/edgar/data/1011663/0001193 12505178099/0001193125-05-178099-index.htm. Additional material information to your decision may also be found at http://www.sec.gov/Archives/edgar/data/1011663/000091412105002094/0000914121- 05-002094-index.htm.
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