EX-99.1 2 termsheet-2005_r10.htm TERM SHEET

 

EXHIBIT 99.1

 

 

Term Sheet

$725,773,000

(Approximate Offered Certificates)

Asset-Backed Pass-Through Certificates,

Series 2005-R10

 

November 14, 2005

 

Ameriquest Mortgage Securities Inc.

 

 


 

Ameriquest Mortgage Securities Inc.

(Depositor)

Ameriquest Mortgage Company

(Originator)

Ameriquest Mortgage Company

(Master Servicer)

 

 

All terms and statements are subject to change.

 

 


 


 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Disclaimer

 

The information contained in the attached Computational Materials, Structural Term Sheet, or Collateral Term Sheet relating to the Series 2005-R10 (the “Securities”) to be issued by Ameriquest Mortgage Securities Inc. 2005-R10 (the “Issuer”) is referred to as the “Information.”

 

Barclays has not independently verified the Information. The Information addresses only certain aspects of the applicable Security’s characteristics and thus does not provide a complete assessment. As such, the Information may not reflect the impact of all characteristics of the Securities. The Information may be based on certain assumptions about market conditions, structure, collateral, and other matters. The Information and the assumptions on which it is based are subject to change without notice. Assumptions may not prove to be as assumed and results may vary significantly depending on the assumptions made and the value of the inputs given and may be difficult for a third party to reproduce. No assurance is given that any indicated values, returns, performance or results will be achieved.

 

Barclays and its affiliates and its and their respective officers, directors, partners and employees may from time to time or seek to act as manager, co-manager or underwriter of a public offering or otherwise deal in, hold or act or seek to act as market-makers or perform as advisors, brokers or commercial and/or investment bankers in relation to the Securities, related securities or related derivatives of the Issuer. Neither Barclays, nor any affiliate or any of its or their respective officers, directors, partners, or employees accepts any liability whatsoever for any direct or consequential loss arising from any use of the Information.

 

Although a registration statement (including a prospectus) relating to the Securities discussed in this Information has been filed with the SEC and is effective, the final prospectus supplement relating to the Securities discussed in this communication has not been filed with the SEC. There shall not be any offer or sale of the Securities discussed in this communication in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the prospectus supplement relating to the Securities discussed in this Information. The Information shall not be deemed to provide investment, tax, or accounting advice. Any investment decision should be based solely on the data in the prospectus and the prospectus supplement (“Offering Documents”) and the then current version of the Information. Offering Documents contain data that are 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 Barclays Trading Desk at (212) 412-2663. This communication is being made available in the UK and Europe to persons who are investment professionals as that term is defined in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion Order) 2001. It is directed at persons who have professional experience in matters relating to investments. The investments to which it relates are available only to such persons and will be entered into only with such persons. Barclays Capital - the investment banking division of Barclays Bank PLC, authorised and regulated by the Financial Services Authority (‘FSA’) and member of the London Stock Exchange.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

TERM SHEET DATED November 14, 2005

Ameriquest Mortgage Securities Inc.

Asset-Backed Pass-Through Certificates, Series 2005-R10

$725,773,000

(Approximate Offered Certificates)

Subject to Revision

 

Class

Approximate
Size ($)

Type1,2

WAL
(yrs)
Call3 / Mat4

Principal
Payment
Window
Call3 / Mat4

Pmt
Delay
(days)

Interest
Accrual
Basis

Stated
Final
Maturity

Expected
Ratings
S&P/Moody’s/Fitch

Initial Credit
Enhancement
(%)

Offered Certificates

 

 

 

 

 

 

 

A-2A

156,717,000

FLT/SEQ/SR

1.00/1.00

1 - 21 /1-21

0

Actual/360

December 2035

AAA/Aaa/AAA

18.70%

A-2B

197,683,000

FLT/SEQ/SR

3.00/3.00

21 - 75/21 - 75

0

Actual/360

December 2035

AAA/Aaa/AAA

18.70%

A-2C

46,332,000

FLT/SEQ/SR

7.17/9.39

75 - 88/75 - 212

0

Actual/360

December 2035

AAA/Aaa/AAA

18.70%

M-1

65,209,000

FLT/MEZ

5.01/5.57

42 - 88/42 - 172

0

Actual/360

December 2035

AA+/Aa1/AA+

15.45%

M-2

57,183,000

FLT/MEZ

4.97/5.50

40 - 88/40 - 159

0

Actual/360

December 2035

AA/Aa2/AA+

12.60%

M-3

41,132,000

FLT/MEZ

4.94/5.45

39 - 88/39 - 151

0

Actual/360

December 2035

AA/Aa3/AA

10.55%

M-4

29,093,000

FLT/MEZ

4.92/5.40

39 - 88/39 - 144

0

Actual/360

December 2035

AA-/A1/AA

9.10%

M-5

30,096,000

FLT/MEZ

4.92/5.37

38 - 88/38 - 138

0

Actual/360

December 2035

A+/A2/A+

7.60%

M-6

26,084,000

FLT/MEZ

4.90/5.31

38 - 88/38 - 131

0

Actual/360

December 2035

A/A3/A

6.30%

M-7

26,084,000

FLT/MEZ

4.90/5.26

38 - 88/38 - 124

0

Actual/360

December 2035

A-/Baa1/A-

5.00%

M-8

16,051,000

FLT/MEZ

4.90/5.19

37 - 88/37 - 115

0

Actual/360

December 2035

BBB+/Baa2/BBB+

4.20%

M-9

14,045,000

FLT/MEZ

4.88/5.11

37 - 88/37 - 108

0

Actual/360

December 2035

BBB/Baa3/BBB

3.50%

M-10

20,064,000

FLT/MEZ

4.88/4.98

37 - 88/37 - 101

0

Actual/360

December 2035

BBB/Ba1/BBB-

2.50%

Non-Offered Certificates

 

 

 

 

 

 

A-1

1,230,491,000

FLT/SR

Not Offered

0

Actual/360

December 2035

AAA/Aaa/AAA

18.70%

CE

50,161,409

 

N/A

Not Offered

N/A

 

 

NR

N/A

P

100

N/A

Not Offered

N/A

 

 

NR

N/A

R

N/A

N/A

Not Offered

N/A

 

 

NR

N/A

R-X

N/A

N/A

Not Offered

N/A

 

 

NR

N/A

 

 

(1)

The interest rate on each of the Certificates is subject to the related Net WAC Rate Cap.

 

 

(2)

The Adjustable Rate Certificates will accrue interest at a rate not greater than the related Maximum Cap Rate.

 

(3)

To 10% Optional Termination at the pricing speed.

 

 

(4)

To maturity at the pricing speed.

 

Pricing Speed (“PPC”)

Fixed-Rate Mortgage Loans

2% CPR growing to 20% CPR over 10 months.

 

 

Adjustable-Rate Mortgage Loans

100% PPC, which is 5% CPR in month 1, an additional 2% CPR for each month thereafter, building to 27% CPR in month 12 and remaining constant at 27% CPR until month 23, increasing to and remaining constant at 60% CPR from month 24 until month 27 and decreasing and remaining constant at 30% CPR from month 28 and thereafter; provided, however, the prepayment rate will not exceed 85% CPR per annum in any period for any percentage of PPC.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Part I: Key Terms

Parties:

Depositor:

Ameriquest Mortgage Securities Inc.

 

 

Originator:

Ameriquest Mortgage Company.

 

 

Master Servicer:

Ameriquest Mortgage Company.

 

 

Trustee and Swap Administrator:

Deutsche Bank National Trust Company.

 

 

Swap Provider:

Deutsche Bank AG, New York Branch.

 

 

Co-Lead Underwriters:

Barclays Capital Inc. and J.P. Morgan Securities Inc.

 

 

Co-Managers:

Deutsche Bank Securities Inc. and Greenwich Capital Markets, Inc.

 

 

Collateral:

 

 

 

Mortgage Loans:

As of the Cut-off Date, 8,458 Adjustable-Rate and Fixed-Rate, first-lien and second-lien, closed-end, subprime mortgage loans with LTVs at origination not in excess of 100% and an aggregate scheduled principal balance as of the Cut-off Date of approximately $1,556,425,509 (the “Initial Mortgage Loans”). References to percentages or balances herein are based on the aggregate scheduled principal balance of such Initial Mortgage Loans on the Cut-off Date. Although the final collateral will not differ materially from that described herein, amounts in any particular bucket may differ, perhaps significantly. For the purpose of calculating interest and principal on the Class A Certificates, the Mortgage Loans have been divided into two loan groups, designated as follows:

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

 

 

 

Group I Initial Mortgage Loans: 7,242 Adjustable-Rate and Fixed-Rate Mortgage Loans with an aggregate scheduled principal balance as of the Cut-off Date of approximately $1,174,068,966 and with principal balances at origination that conform to principal balance limits of Freddie Mac.

Group II Initial Mortgage Loans: 1,216 Adjustable-Rate and Fixed-Rate Mortgage Loans with an aggregate scheduled principal balance as of the Cut-off Date of approximately $382,356,543 and with principal balances at origination that may or may not conform to principal balance limits of Fannie Mae and Freddie Mac.

Approximately 29.81% of the Mortgage Loans were originated using an insured automated valuation model (“Insured AVM”). Upon the liquidation of a related mortgaged property, if the Insured AVM is determined to have overstated the mortgaged property’s value as of the date originally made, the Insured AVM Insurer is liable for the lesser of: (i) losses of principal and (ii) the amount by which the Insured AVM overstated the mortgaged property’s value at origination. St. Paul Travelers (the “Insured AVM Insurer”) is the provider under the master policy for the Insured AVM.

In addition, on the Closing Date, the Trustee will deposit, in the aggregate, approximately $339,451,539 and $110,548,461 from the sale of proceeds of the Certificates into the Group I Pre-Funding Account and the Group II Pre-Funding Account, respectively (collectively, the “Pre-Funding Accounts”).

 

 

Pre-Funding Accounts:

The amount on deposit in the Pre-Funding Accounts will be reduced by the amount used to purchase additional fixed-rate and adjustable-rate mortgage loans (the “Subsequent Mortgage Loans”) during the period from the Closing Date up to and including December 31, 2005 (the “Funding Period”). The Initial Mortgage Loans and the Subsequent Mortgage Loans (collectively, the “Mortgage Loans”) will have an aggregate principal balance as of the Cut-off Date of approximately $2,006,425,509. Any amounts remaining in the Pre-Funding Accounts at the end of the Funding Period will be distributed on the next Distribution Date to the holders of the related Class A Certificates.

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Dates:

 

 

 

Cut-off Date:

The close of business on November 1, 2005.

 

 

Distribution Dates:

The 25th day of each month or, if the 25th day is not a business day, the next business day, beginning in December 2005.

 

 

Record Date:

Adjustable-Rate Certificates: the close of business on the business day immediately preceding the related Distribution Date.

Retained Certificates: the close of business on the last business day of the month preceding the month in which the related Distribution Date occurs.

 

 

Expected Pricing Date:

The week of November 14, 2005.

 

 

Expected Closing Date:

On or about November 23, 2005.

 

 

Designations:

 

 

 

Certificates:

Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10.

 

 

Adjustable-Rate Certificates:

Class A Certificates and Class M Certificates.

 

 

Class A Certificates:

Class A-1, Class A-2A, Class A-2B and Class A-2C Certificates.

 

 

Class M Certificates:

Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8, Class M-9 and Class M-10 Certificates.

 

 

Offered Certificates:

Class A Certificates (other than the Class A-1 Certificates) and Class M Certificates.

 

 

Non-Offered Certificates:

Class A-1, Class CE, Class P and Residual Certificates.

 

 

Residual Certificates:

Class R and Class R-X Certificates.

 

 

Retained Certificates:

Class CE, Class P and Residual Certificates.

 

 

Group I Certificates:

Class A-1 Certificates, which evidence interests in the Group I Mortgage Loans.

 

 

Group II Certificates:

Class A-2A, Class A-2B and Class A-2C Certificates, which evidence interests in the Group II Mortgage Loans.

 

 

Other Terms:

 

 

 

Source for Calculation of One-Month LIBOR:

Moneyline Telerate page 3750.

 

 

ERISA:

The Offered Certificates will not be ERISA eligible as of the Closing Date.

 

 

SMMEA Eligibility:

The Offered Certificates will not constitute “mortgage related securities” for purposes of SMMEA.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

 

 

Federal Taxation:

The Trust will be established as one or more REMICs for federal income tax purposes.

 

 

Form of Registration:

Book-entry form through DTC, Clearstream and Euroclear.

 

 

Minimum Denominations:

With respect to the Class A and Class M Certificates, $100,000 and integral multiples of $1 in excess.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Part II: Definitions/Description of the Certificates

 

Determination Date:

The 10th day of the month or, if such day is not a business day, the business day immediately preceding such 10th day.

 

 

Due Period:

For each Distribution Date, the period from the second day of the immediately preceding month to the first day of the month in which such Distribution Date occurs.

 

 

Prepayment Period:

For the first Distribution Date, the Cut-off Date to and including the initial Determination Date, and for all other Distribution Dates, the day after the prior Determination Date to and including the Determination Date in the month in which such Distribution Date occurs.

 

 

Interest Accrual Basis:

Actual/360. The Adjustable-Rate Certificates will settle flat and will have no payment delay.

 

 

Administrative Fee Rate:

The sum of (a) the Servicing Fee Rate (0.50% per annum) and (b) the Trustee Fee Rate (0.0010% per annum).

 

 

Expense Adjusted Net Mortgage Rate:

The mortgage rate of each Mortgage Loan minus the Administrative Fee Rate.

 

 

Expense Adjusted Net Maximum Mortgage Rate:

The per annum rate equal to the applicable maximum mortgage rate (or the mortgage rate for such Mortgage Loan in the case of the fixed-rate Mortgage Loans) of each Mortgage Loan minus the Administrative Fee Rate.

 

 

Optional Termination:

The holder of the Class CE Certificates, the Master Servicer and the NIMS Insurer, if any, in that order, may purchase all of the Mortgage Loans and REO properties and retire the Certificates on or after the Optional Termination Date.

 

 

Optional Termination Date:

The first Distribution Date on which the aggregate principal balance of the Mortgage Loans is less than 10% of the sum of (i) the aggregate principal balance of the Initial Mortgage Loans as of the Cut-off Date and (ii) the original pre-funded amounts.

 

 

Credit Enhancement:

Excess Interest;

Net Swap Payments received from the Swap Provider (if any);

Overcollateralization ("OC"); and

Subordination.

 

 

Initial Overcollateralization Target Percentage:

Approximately 2.50%.

 

 

Overcollateralization Floor:

The sum of the aggregate principal balance of the Initial Mortgage Loans as of the Cut-off Date and the amounts on deposit in the Pre-Funding Accounts as of the Closing Date multiplied by 0.50%.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Overcollateralization Target Amount:

For any Distribution Date, (i) prior to the Stepdown Date, an amount equal to the Initial Overcollateralization Target Percentage of the sum of (x) the aggregate principal balance of the Initial Mortgage Loans as of the Cut-off Date and (y) the original pre-funded amounts, (ii) on or after the Stepdown Date, provided a Trigger Event is not in effect, the greater of (x) 2x the Initial Overcollateralization Target Percentage of the then current aggregate outstanding principal balance of the Mortgage Loans as of the last day of the related Due Period after giving effect to scheduled payments of principal due during the related Due Period, to the extent received or advanced, and unscheduled collections of principal received during the related Prepayment Period and (y) the Overcollateralization Floor or (iii) on or after the Stepdown Date and if a Trigger Event is in effect, the Overcollateralization Target Amount for the immediately preceding Distribution Date.

 

 

Stepdown Date:

The earlier of (i) the first Distribution Date on which the aggregate Certificate Principal Balance of the Class A Certificates has been reduced to zero and (ii) the later of (A) the 37th Distribution Date and (B) the date that the Credit Enhancement Percentage for the Class A Certificates is greater than or equal to 2x the Class A Initial Credit Enhancement Percentage.

 

 

Credit Enhancement Percentage:

The percentage obtained by dividing (x) the aggregate Certificate Principal Balance of each class of Certificates with a lower distribution priority by (y) the aggregate principal balance of the Mortgage Loans plus amounts on deposit in the Pre-Funding Accounts.

 

 

 

Class

Initial CE%

Target CE% On/After Stepdown Date

 

A

18.70%

2x Initial CE%

 

M-1

15.45%

2x Initial CE%

 

M-2

12.60%

2x Initial CE%

 

M-3

10.55%

2x Initial CE%

 

M-4

9.10%

2x Initial CE%

 

M-5

7.60%

2x Initial CE%

 

M-6

6.30%

2x Initial CE%

 

M-7

5.00%

2x Initial CE%

 

M-8

4.20%

2x Initial CE%

 

M-9

3.50%

2x Initial CE%

 

M-10

2.50%

2x Initial CE%

 

 

 

 

Overcollateralization Reduction Amount:

For any Distribution Date, the lesser of (A) the principal remittance amount on such Distribution Date and (B) the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the principal remittance amount on such Distribution Date has been distributed) over (ii) the Overcollateralization Target Amount for such Distribution Date.

 

 

Overcollateralized Amount:

For any Distribution Date will be the excess, if any, of (a) the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period (after giving effect to scheduled payments received or advanced on or before the related Determination Date and principal prepayments received during the related Prepayment Period) plus amounts on deposit in the Pre-Funding Accounts over (b) the aggregate Certificate Principal Balance of the Class A, Class M and Class P Certificates, after giving effect to distributions to be made on such Distribution Date.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Net Monthly Excess Cashflow:

For any Distribution Date, the sum of (x) any Overcollateralization Reduction Amount and (y) the excess of the Available Funds, net of any Net Swap Payment made by the Trustee and the Swap Termination Payment, if any, made by the Trustee, over the sum of (i) the monthly interest accrued and any unpaid interest on the Class A Certificates and the monthly interest accrued on the Class M Certificates and (ii) the principal remittance amount.

 

 

Allocation of Losses:

Any Realized Losses on the Mortgage Loans on any Distribution Date will first be absorbed by the Class CE Certificates. If on any Distribution Date as a result of Realized Losses on the Mortgage Loans, the aggregate certificate principal balance of the Class A and Class M Certificates exceeds the aggregate principal balance of the Mortgage Loans as of the last day of the related Due Period plus amounts on deposit in the Pre-Funding Accounts, such excess, (the “Realized Loss Amount”) will be allocated in the following order: Class M-10, Class M-9, Class M-8, Class M-7, Class M-6, Class M-5, Class M-4, Class M-3, Class M-2 and Class M-1 Certificates. There will be no allocation of Realized Losses on the Mortgage Loans to the Class A Certificates or the Class P Certificates. Investors in the Class A Certificates should note, however, that although Realized Losses cannot be allocated to such Certificates, under certain loss scenarios there may not be enough principal and interest on the Mortgage Loans to distribute to the holders of such Certificates all principal and interest amounts to which they are then entitled. Once Realized Losses are allocated to the Class M Certificates, such amounts with respect to such Certificates will no longer accrue interest. However, the amount of any Realized Losses allocated to the Class M Certificates may be distributed to the holders of those certificates from Net Monthly Excess Cashflow and certain amounts received by the Swap Administrator from the Swap Agreement, if any, sequentially, as described in the Pooling and Servicing Agreement.

 

 

Net WAC Rate Cap:

 

Class A Certificates: The per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to a fraction, expressed as a percentage, the numerator of which is equal to the sum of (i) the amount of interest which accrued on the Mortgage Loans in the related loan group in the prior calendar month and (ii) any amount withdrawn from the related interest coverage account, if any, for such Distribution Date minus (i) Administrative Fee Rate payable with respect to the related Mortgage Loans for such Distribution Date and (ii) the Group I Allocation Percentage or Group II Allocation Percentage of any Net Swap Payment or Swap Termination Payment (only if such Swap Termination Payment was not due to a Swap Provider Trigger Event) made to the Swap Provider and the denominator of which is equal to the sum of (i) the aggregate principal balance of the Mortgage Loans in the related loan group as of the last day of the immediately preceding Due Period, after giving effect to principal prepayments received during the related Prepayment Period and (ii) the amount on deposit in the related Pre-Funding Reserve Account.

Class M Certificates: The per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to the weighted average (weighted in proportion to the results of subtracting from the aggregate principal balance of each loan group, the current principal balance of the related Class A Certificates), of (i) the Net WAC Rate Cap for the Group I Certificates and (ii) the Net WAC Rate Cap for the Group II Certificates.

Group I Allocation Percentage: The aggregate principal balance of the Group I Mortgage Loans plus any amounts on deposit in the related Pre-Funding Reserve Account divided by the sum of the aggregate principal balance of the Group I Mortgage Loans and the Group II Mortgage Loans plus any amounts on deposit in the Pre-Funding Reserve Accounts.

Group II Allocation Percentage: The aggregate principal balance of the Group II Mortgage Loans plus any amounts on deposit in the related Pre-Funding Reserve Account divided by the sum of the aggregate principal balance of the Group I Mortgage Loans and the Group II Mortgage Loans plus any amounts on deposit in the Pre-Funding Reserve Accounts.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Pass-Through Rate:

For the Adjustable-Rate Certificates and any Distribution Date, the lesser of (x) the related Formula Rate for such Distribution Date and (y) the related Net WAC Rate Cap for such Distribution Date.

 

 

Formula Rate:

For any Distribution Date and any class of Adjustable-Rate Certificates, the lesser of (i) LIBOR plus the applicable certificate margin and (ii) the related Maximum Cap Rate.

 

 

Maximum Cap Rate:

Class A Certificates: The per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to the sum of (x) the weighted average of the Expense Adjusted Net Maximum Mortgage Rates of the Mortgage Loans in the related loan group and (y) the Net Swap Payment made by the Swap Provider, if any, expressed as a percentage of the balance of the Mortgage Loans (the “Net Swap Payment Rate”).

Class M Certificates: The per annum rate (subject to adjustment based on the actual number of days elapsed in the related Interest Accrual Period) equal to (x) the weighted average (weighted in proportion to the results of subtracting from the aggregate principal balance of each loan group, the current principal balance of the related Class A Certificates), of (i) the Maximum Cap Rate for the Group I Certificates and (ii) the Maximum Cap Rate for the Group II Certificates.

 

 

Coupon Step-up:

 

After the Optional Termination Date, if the holder of the Class CE Certificates, the Master Servicer (or NIMs Insurer, if any) fails to exercise its right to terminate the Trust, the certificate margins on any then outstanding Certificates will increase according to the following:

 

 

 

Certificates

After Optional Termination

 

Class A Certificates

2 x Applicable Margin

 

Class M Certificates

1.5 x Applicable Margin

 

 

Net WAC Rate Carryover Amount:

For any Distribution Date, (i) the excess of (a) the amount of interest such class would have accrued for such Distribution Date had the applicable Pass-Through Rate not been subject to the Net WAC Rate Cap, over (b) the amount of interest such class of Certificates accrued for such Distribution Date based on the Net WAC Rate Cap, together with the unpaid portion of any such amounts from the prior Distribution Date and (ii) accrued interest thereon at the then applicable Pass-Through Rate, without giving effect to the Net WAC Rate Cap. The Net WAC Rate Carryover Amount will be distributed from certain amounts received by the Swap Administrator from the Swap Agreement, if any, and from the Net Monthly Excess Cashflow on a subordinated basis on the same Distribution Date or in any subsequent period. The ratings on each class of Certificates do not address the likelihood of the payment of any Net WAC Rate Carryover Amount.

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Swap Agreement:

On the Closing Date, the Trustee will enter into a Swap Agreement with an initial notional amount of $1,556,425,000 (the “Swap Agreement”). Under the Swap Agreement, the Trust will be obligated to pay an amount equal to 4.728% per annum on the notional amount as set forth in the Swap Agreement to the Swap Provider and the Trust will be entitled to receive an amount equal to one-month LIBOR on the notional amount as set forth in the Swap Agreement from the Swap Provider, until the Swap Agreement is terminated. Only the net amount of the two obligations will be paid by the appropriate party (“Net Swap Payment”). See the attached schedule.

Generally, the Net Swap Payment will be deposited into a swap account (the “Swap Account”) by the Swap Administrator pursuant to the Pooling and Servicing Agreement and a swap administration agreement and amounts on deposit in the Swap Account will be distributed in accordance with the terms set forth in the Pooling and Servicing Agreement.

Upon early termination of the Swap Agreement, the Trust or the Swap Provider may be liable to make a termination payment (the ‘‘Swap Termination Payment’’) to the other party (regardless of which party caused the termination). The Swap Termination Payment will be computed in accordance with the procedures set forth in the Swap Agreement. In the event that the Trust is required to make a Swap Termination Payment, that payment will be paid on the related Distribution Date, and on any subsequent Distribution Dates until paid in full, generally, prior to distributions to Certificateholders.

In the event that the Trust receives a Swap Termination Payment, and a successor Swap Provider cannot be obtained, then such Swap Termination Payment will be deposited into a reserve account and the Swap Administrator, on each subsequent Distribution Date, will withdraw the amount of any Net Swap Payment due to the Trust (calculated in accordance with the terms of the original Swap Agreement) and administer such Net Swap Payment in accordance with the terms of the Pooling and Servicing Agreement and the swap administration agreement.

 

 

Interest Carry Forward Amount:

For each class of Class A and Class M Certificates, on any Distribution Date, the sum of (i) the excess of (a) the accrued certificate interest for such class with respect to the prior Distribution Date (excluding any Net WAC Rate Carryover Amount with respect to such class), plus any unpaid Interest Carry Forward Amount from the prior Distribution Date, over (b) the amount actually distributed to such class with respect to interest on such prior Distribution Date and (ii) interest on such excess at the Pass-Through Rate for such class.

 

 

Available Funds:

For any Distribution Date, the sum, net of amounts reimbursable to the Master Servicer or the Trustee, of: (i) the aggregate amount of scheduled monthly payments on the Mortgage Loans due during the related Due Period and received on or prior to the related Determination Date; (ii) unscheduled payments in respect of the Mortgage Loans (including prepayments, insurance proceeds, liquidation proceeds, subsequent recoveries and proceeds from repurchases of and substitutions for the Mortgage Loans occurring during the related Prepayment Period or proceeds from the repurchase of the Mortgage Loans due to the Optional Termination of the Trust); (iii) all Master Servicer Advances with respect to the Mortgage Loans received for such Distribution Date (iv) with respect to the Distribution Date immediately following the end of the Funding Period, any amounts remaining in the Pre-Funding Accounts after giving effect to any purchase of Subsequent Mortgage Loans and (v) all compensating interest paid by the Master Servicer in respect of prepayment interest shortfalls for the related period.

 

 

Class A Principal Distribution Amount:

Prior to the Stepdown Date, or if a Trigger Event is in effect, the Class A Certificates will receive the principal collected on the related Mortgage Loans plus any Net Monthly Excess Cashflow required to maintain the Overcollateralization Target Amount until the aggregate Certificate Principal Balance of the Class A Certificates has been reduced to zero. On or after the Stepdown Date, if no Trigger Event is in effect, principal paid on the Class A Certificates will be an amount such that each of the Class A Certificates will maintain 2x the Class A Initial Credit Enhancement Percentage as set forth in the Credit Enhancement Percentage table included herein.

Principal distributions on the Group II Certificates will be allocated sequentially, to the Class A-2A, the Class A-2B and the Class A-2C Certificates, in that order, until their respective certificate principal balances have been reduced to zero.

Notwithstanding the foregoing, if the aggregate Certificate Principal Balance of the Group II Certificates exceeds the aggregate principal balance of the Group II Mortgage Loans plus amounts on deposit in the related Pre-Funding Reserve Account, principal distributions will be allocated concurrently, on a pro rata basis.

Notwithstanding the foregoing, if the aggregate Certificate Principal Balance of the Group I or Group II Certificates is reduced to zero, then the amount of principal distributions from the related loan group on subsequent Distribution Dates will be distributed to the group(s) of Class A Certificates remaining outstanding, to the extent necessary to provide all required principal distributions to such Certificates.

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Class M Principal Distribution Amount:

The Class M Certificates will not receive any principal payments prior to the Stepdown Date. On or after the Stepdown Date (if no Trigger Event is in effect), principal will be paid on the Class M Certificates in the following order: to the Class M-1 Certificates until it reaches 2x the Class M-1 Initial Credit Enhancement Percentage, then to the Class M-2 Certificates until it reaches 2x the Class M-2 Initial Credit Enhancement Percentage, then to the Class M-3 Certificates until it reaches 2x the Class M-3 Initial Credit Enhancement Percentage, then to the Class M-4 Certificates until it reaches 2x the Class M-4 Initial Credit Enhancement Percentage, then to the Class M-5 Certificates until it reaches 2x the Class M-5 Initial Credit Enhancement Percentage, then to the Class M-6 Certificates until it reaches 2x the Class M-6 Initial Credit Enhancement Percentage, then to the Class M-7 Certificates until it reaches 2x the Class M-7 Initial Credit Enhancement Percentage, then to the Class M-8 Certificates until it reaches 2x the Class M-8 Initial Credit Enhancement Percentage, then to the Class M-9 Certificates until it reaches 2x the Class M-9 Initial Credit Enhancement Percentage and then to the Class M-10 Certificates until it reaches 2x the Class M-10 Initial Credit Enhancement, in each case, as set forth in the Credit Enhancement Percentage table included herein.

If a Trigger Event is in effect, principal payments will be paid sequentially first to the Class A Certificates and then to the Class M Certificates in their order of seniority until the Certificate Principal Balance of each such class is reduced to zero.

 

 

Trigger Event:

If either the Delinquency Trigger Event or Cumulative Loss Test is violated.

 

 

Delinquency Trigger Event:

The percentage obtained by dividing (x) the aggregate Stated Principal Balance of (i) Mortgage Loans Delinquent 60 days or more, (ii) REO Properties and (iii) Mortgage Loans in foreclosure and in bankruptcy by (y) the aggregate Stated Principal Balance of the Mortgage Loans, in each case, as of the last day of the previous calendar month, exceeds a percentage (as specified in the Pooling and Servicing Agreement) of the Credit Enhancement Percentage for the most senior class of certificates then outstanding. In the case of the Class A Certificates, the percentage will be 42.00%.

 

 

Cumulative Loss Test:

The aggregate amount of Realized Losses incurred since the Cut-off Date through the last day of the related Due Period (reduced by the aggregate amount of subsequent recoveries received from the Cut-off Date through the last day of the related Due Period) divided by the sum of (i) the aggregate principal balance of the Initial Mortgage Loans as of the Cut-off Date and (ii) the original pre-funded amounts exceeds the approximate applicable percentages set forth below with respect to such Distribution Date:

 

 

 

Distribution Date Occurring In

Percentage

 

December 2007 through November 2008

1.20% for the first month plus an additional

1/12th of 1.45% for each month thereafter

 

December 2008 through November 2009

2.65% for the first month plus an additional

1/12th of 1.55% for each month thereafter

 

December 2009 through November 2010

4.20% for the first month plus an additional

1/12th of 1.25% for each month thereafter

 

December 2010 through November 2011

5.45% for the first month plus an additional

1/12th of 0.70% for each month thereafter

 

December 2011 and thereafter

6.15%

 

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

Payment Priority:

On each Distribution Date, distributions will be made as follows:

From collections on all the Mortgage Loans, to pay any Net Swap Payment or the Swap Termination Payment (not caused by a Swap Provider Trigger Event (as defined in the Swap Agreement)) owed to the Swap Provider and other fees and expenses of the Trust.

From Available Funds, to pay interest on the Class A Certificates pro rata, including any accrued unpaid interest from a prior Distribution Date and then to pay interest excluding any accrued unpaid interest from prior Distribution Dates to the Class M Certificates, sequentially.

From Available Funds, to pay principal on the Class A and Class M Certificates, in accordance with the principal payment provisions described above.

From Net Monthly Excess Cashflow, if any, to the Certificates then entitled to receive distributions in respect of principal an additional payment of principal in order to reduce the Certificate Principal Balance of the Certificates to the extent necessary to maintain the required Overcollateralization Target Amount.

From Net Monthly Excess Cashflow, if any, to pay Interest Carry Forward Amounts to Class M Certificates, sequentially.

From Net Monthly Excess Cashflow, if any, to pay any Realized Losses allocated to the Class M Certificates, sequentially.

From Net Monthly Excess Cashflow, if any, to pay the Net WAC Rate Carryover Amount on the Class A and Class M Certificates in the same order of priority as described above.

From Net Monthly Excess Cashflow, if any, to pay the Swap Termination Payment (caused by a Swap Provider Trigger Event) owed to the Swap Provider.

From Net Monthly Excess Cashflow, if any, to pay any remaining amount to the Class CE and Class R Certificates in accordance with the Pooling and Servicing Agreement.

From the Swap Account, to pay any unpaid interest on the Class A Certificates, pro rata, including any accrued unpaid interest from a prior Distribution Date and then to pay any unpaid interest including any accrued unpaid interest from prior Distribution Dates to the Class M Certificates, sequentially.

From the Swap Account, to pay the Net WAC Rate Carryover Amount on the Class A and Class M Certificates remaining unpaid in the same order of priority as described above.

From the Swap Account, to pay any principal first, on the Class A Certificates, pro rata, and second, on the Class M Certificates, sequentially, in accordance with the principal payment provisions described above in an amount necessary to maintain the applicable Overcollateralization Target Amount.

From the Swap Account, to pay any Realized Losses remaining on the Class M Certificates, sequentially.

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Part III: Relevant Bond Analytics

Swap Schedule

Distribution Date

Notional Schedule ($)

Distribution Date

Notional Schedule ($)

12/25/2005

1,556,425,000

11/25/2008

433,018,914

1/25/2006

1,992,594,615

12/25/2008

415,328,706

2/25/2006

1,971,830,094

1/25/2009

398,395,830

3/25/2006

1,945,710,948

2/25/2009

382,189,049

4/25/2006

1,914,262,746

3/25/2009

366,673,455

5/25/2006

1,877,552,306

4/25/2009

351,818,363

6/25/2006

1,835,688,998

5/25/2009

337,594,486

7/25/2006

1,788,828,008

6/25/2009

323,975,650

8/25/2006

1,737,171,988

7/25/2009

310,933,252

9/25/2006

1,680,973,432

8/25/2009

298,442,364

10/25/2006

1,621,655,254

9/25/2009

286,478,151

11/25/2006

1,559,487,446

10/25/2009

275,017,443

12/25/2006

1,498,706,542

11/25/2009

264,038,126

1/25/2007

1,439,289,022

12/25/2009

253,519,170

2/25/2007

1,382,266,225

1/25/2010

243,440,332

3/25/2007

1,327,540,318

2/25/2010

233,782,398

4/25/2007

1,275,017,503

3/25/2010

224,526,973

5/25/2007

1,224,607,859

4/25/2010

215,656,520

6/25/2007

1,176,225,170

5/25/2010

207,154,292

7/25/2007

1,129,786,780

6/25/2010

0

8/25/2007

1,085,186,310

 

 

9/25/2007

1,042,226,155

 

 

10/25/2007

1,000,824,048

 

 

11/25/2007

904,864,411

 

 

12/25/2007

821,288,509

 

 

1/25/2008

732,077,281

 

 

2/25/2008

655,111,113

 

 

3/25/2008

616,543,256

 

 

4/25/2008

581,353,916

 

 

5/25/2008

557,245,233

 

 

6/25/2008

534,188,680

 

 

7/25/2008

512,130,345

 

 

8/25/2008

491,027,175

 

 

9/25/2008

470,834,413

 

 

10/25/2008

451,511,283

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Sensitivity Analysis - To Optional Termination Date

 

 

0% ppc

50% ppc

75% ppc

100% ppc

125% ppc

150% ppc

A-2A

Average Life (years)

12.06

1.57

1.22

1.00

0.86

0.76

 

First Payment Period

1

1

1

1

1

1

 

Last Payment Period

225

33

25

21

17

15

 

Window (months)

225

33

25

21

17

15

A-2B

Average Life (years)

23.67

6.03

4.05

3.00

2.22

1.87

 

First Payment Period

225

33

25

21

17

15

 

Last Payment Period

340

149

101

75

58

30

 

Window (months)

116

117

77

55

42

16

A-2C

Average Life (years)

28.76

14.13

9.70

7.17

5.54

3.37

 

First Payment Period

340

149

101

75

58

30

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

7

25

19

14

11

25

M-1

Average Life (years)

26.71

9.60

6.51

5.01

4.65

4.51

 

First Payment Period

275

56

37

42

49

54

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

47

20

1

M-2

Average Life (years)

26.71

9.60

6.51

4.97

4.41

4.49

 

First Payment Period

275

56

37

40

45

52

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

49

24

3

M-3

Average Life (years)

26.71

9.60

6.51

4.94

4.29

4.25

 

First Payment Period

275

56

37

39

43

48

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

50

26

7

M-4

Average Life (years)

26.71

9.60

6.51

4.92

4.21

4.05

 

First Payment Period

275

56

37

39

42

46

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

50

27

9

M-5

Average Life (years)

26.71

9.60

6.51

4.92

4.16

3.92

 

First Payment Period

275

56

37

38

41

44

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

51

28

11

M-6

Average Life (years)

26.71

9.60

6.51

4.90

4.12

3.81

 

First Payment Period

275

56

37

38

40

42

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

51

29

13

M-7

Average Life (years)

26.71

9.60

6.51

4.90

4.08

3.73

 

First Payment Period

275

56

37

38

39

41

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

51

30

14

M-8

Average Life (years)

26.71

9.60

6.51

4.90

4.07

3.67

 

First Payment Period

275

56

37

37

39

40

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

52

30

15

M-9

Average Life (years)

26.71

9.60

6.51

4.88

4.04

3.63

 

First Payment Period

275

56

37

37

38

39

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

52

31

16

M-10

Average Life (years)

26.71

9.60

6.51

4.88

4.03

3.60

 

First Payment Period

275

56

37

37

38

38

 

Last Payment Period

346

173

119

88

68

54

 

Window (months)

72

118

83

52

31

17

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Sensitivity Analysis - To Maturity

 

 

0% ppc

50% ppc

75% ppc

100% ppc

125% ppc

150% ppc

A-2A

Average Life (years)

12.06

1.57

1.22

1.00

0.86

0.76

 

First Payment Period

1

1

1

1

1

1

 

Last Payment Period

225

33

25

21

17

15

 

Window (months)

225

33

25

21

17

15

A-2B

Average Life (years)

23.67

6.03

4.05

3.00

2.22

1.87

 

First Payment Period

225

33

25

21

17

15

 

Last Payment Period

340

149

101

75

58

30

 

Window (months)

116

117

77

55

42

16

A-2C

Average Life (years)

29.16

17.57

12.52

9.39

7.34

4.61

 

First Payment Period

340

149

101

75

58

30

 

Last Payment Period

359

329

269

212

169

139

 

Window (months)

20

181

169

138

112

110

M-1

Average Life (years)

26.83

10.50

7.21

5.57

5.09

6.08

 

First Payment Period

275

56

37

42

49

61

 

Last Payment Period

358

296

225

172

136

111

 

Window (months)

84

241

189

131

88

51

M-2

Average Life (years)

26.83

10.48

7.19

5.50

4.84

5.02

 

First Payment Period

275

56

37

40

45

52

 

Last Payment Period

358

283

209

159

125

102

 

Window (months)

84

228

173

120

81

51

M-3

Average Life (years)

26.83

10.44

7.16

5.45

4.69

4.59

 

First Payment Period

275

56

37

39

43

48

 

Last Payment Period

357

273

199

151

119

96

 

Window (months)

83

218

163

113

77

49

M-4

Average Life (years)

26.83

10.41

7.12

5.40

4.60

4.37

 

First Payment Period

275

56

37

39

42

46

 

Last Payment Period

357

264

190

144

113

91

 

Window (months)

83

209

154

106

72

46

M-5

Average Life (years)

26.82

10.37

7.09

5.37

4.52

4.22

 

First Payment Period

275

56

37

38

41

44

 

Last Payment Period

356

255

183

138

108

87

 

Window (months)

82

200

147

101

68

44

M-6

Average Life (years)

26.82

10.31

7.04

5.31

4.45

4.08

 

First Payment Period

275

56

37

38

40

42

 

Last Payment Period

355

245

174

131

102

83

 

Window (months)

81

190

138

94

63

42

M-7

Average Life (years)

26.81

10.22

6.97

5.26

4.37

3.97

 

First Payment Period

275

56

37

38

39

41

 

Last Payment Period

354

234

165

124

97

78

 

Window (months)

80

179

129

87

59

38

M-8

Average Life (years)

26.80

10.12

6.89

5.19

4.30

3.86

 

First Payment Period

275

56

37

37

39

40

 

Last Payment Period

353

220

154

115

89

72

 

Window (months)

79

165

118

79

51

33

M-9

Average Life (years)

26.79

10.00

6.80

5.11

4.21

3.78

 

First Payment Period

275

56

37

37

38

39

 

Last Payment Period

352

208

145

108

84

67

 

Window (months)

78

153

109

72

47

29

M-10

Average Life (years)

26.76

9.79

6.64

4.98

4.11

3.67

 

First Payment Period

275

56

37

37

38

38

 

Last Payment Period

350

196

136

101

78

63

 

Window (months)

76

141

100

65

41

26

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Net WAC Cap and Effective Maximum Rate for the Group I Certificates

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

1

4.74

17.03

 

34

7.75

16.86

 

67

8.16

10.29

2

6.48

22.29

 

35

7.93

16.91

 

68

8.42

10.62

3

6.48

22.23

 

36

7.99

17.20

 

69

8.14

10.26

4

6.74

22.42

 

37

8.18

17.28

 

70

8.13

10.24

5

6.49

22.08

 

38

8.05

17.12

 

71

8.40

10.57

6

6.57

22.06

 

39

8.05

16.99

 

72

8.12

10.21

7

6.49

21.86

 

40

8.68

17.59

 

73

8.38

10.54

8

6.58

21.80

 

41

8.04

16.74

 

74

8.10

10.18

9

6.50

21.56

 

42

8.32

17.35

 

75

8.09

10.16

10

6.50

21.38

 

43

8.11

16.98

 

76

8.64

10.85

11

6.59

21.28

 

44

8.34

17.26

 

77

8.08

10.13

12

6.51

20.98

 

45

8.13

16.89

 

78

8.34

10.45

13

6.61

20.86

 

46

8.12

16.77

 

79

8.06

10.10

14

6.52

20.55

 

47

8.32

16.91

 

80

8.32

10.42

15

6.52

20.34

 

48

8.11

17.02

 

81

8.04

10.07

16

6.84

20.45

 

49

8.31

17.17

 

82

8.03

10.05

17

6.53

19.93

 

50

8.10

16.94

 

83

8.29

10.37

18

6.64

19.83

 

51

8.10

16.83

 

84

8.02

10.02

19

6.54

19.53

 

52

8.77

17.60

 

85

8.28

10.34

20

6.65

19.44

 

53

8.08

16.62

 

86

8.00

9.99

21

6.55

19.14

 

54

8.29

16.90

 

87

7.99

9.97

22

6.55

18.96

 

55

8.24

10.20

 

88

8.84

11.02

23

6.67

18.88

 

56

8.51

10.56

 

 

 

 

24

7.35

19.00

 

57

8.23

10.20

 

 

 

 

25

7.48

18.62

 

58

8.22

10.19

 

 

 

 

26

7.58

18.12

 

59

8.48

10.52

 

 

 

 

27

7.56

17.58

 

60

8.21

10.34

 

 

 

 

28

7.90

17.66

 

61

8.48

10.67

 

 

 

 

29

7.55

17.08

 

62

8.20

10.37

 

 

 

 

30

7.88

17.49

 

63

8.19

10.35

 

 

 

 

31

7.71

17.16

 

64

9.06

11.45

 

 

 

 

32

7.93

17.32

 

65

8.17

10.32

 

 

 

 

33

7.75

16.99

 

66

8.44

10.65

 

 

 

 

 

(1)

Assumes 1mLIBOR and 6mLIBOR stays at 4.16% and 4.57% respectively and the cashflows are run to the Optional Termination at the pricing speed.

(2)

Assumes 1mLIBOR and 6mLIBOR increase instantaneously to 20.00% and the cashflows are run to the Optional Termination at the pricing speed.

(3)

The effective net funds cap rate (“Effective Rate”) is computed in the same manner as the Net WAC Cap Rate after giving effect to Net Swap Payments received from the Swap Provider.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Net WAC Cap and Effective Maximum Rate for the Group II Certificates

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

1

4.46

16.75

 

34

7.32

16.30

 

67

7.78

9.50

2

6.11

21.92

 

35

7.49

16.34

 

68

8.03

9.80

3

6.11

21.87

 

36

7.58

16.60

 

69

7.76

9.46

4

6.33

22.01

 

37

7.76

16.66

 

70

7.76

9.45

5

6.12

21.71

 

38

7.66

16.50

 

71

8.01

9.75

6

6.19

21.68

 

39

7.65

16.37

 

72

7.74

9.42

7

6.12

21.49

 

40

8.24

16.90

 

73

7.99

9.71

8

6.20

21.42

 

41

7.64

16.12

 

74

7.72

9.38

9

6.13

21.19

 

42

7.91

16.64

 

75

7.72

9.37

10

6.13

21.02

 

43

7.72

16.30

 

76

8.24

10.00

11

6.21

20.90

 

44

7.93

16.54

 

77

7.70

9.34

12

6.14

20.61

 

45

7.74

16.19

 

78

7.95

9.63

13

6.23

20.48

 

46

7.73

16.08

 

79

7.68

9.30

14

6.15

20.18

 

47

7.92

16.19

 

80

7.93

9.60

15

6.16

19.97

 

48

7.73

16.26

 

81

7.67

9.27

16

6.44

20.04

 

49

7.92

16.39

 

82

7.66

9.26

17

6.17

19.56

 

50

7.73

16.17

 

83

7.91

9.55

18

6.26

19.45

 

51

7.72

16.06

 

84

7.64

9.22

19

6.18

19.17

 

52

8.35

16.74

 

85

7.89

9.52

20

6.27

19.07

 

53

7.71

15.84

 

86

7.63

9.19

21

6.18

18.78

 

54

7.90

16.10

 

87

7.62

9.18

22

6.19

18.59

 

55

7.87

9.42

 

88

8.43

10.14

23

6.29

18.51

 

56

8.12

9.76

 

 

 

 

24

6.89

18.54

 

57

7.85

9.43

 

 

 

 

25

7.01

18.14

 

58

7.85

9.41

 

 

 

 

26

7.10

17.63

 

59

8.10

9.71

 

 

 

 

27

7.08

17.09

 

60

7.84

9.55

 

 

 

 

28

7.39

17.15

 

61

8.09

9.86

 

 

 

 

29

7.08

16.60

 

62

7.82

9.58

 

 

 

 

30

7.43

16.94

 

63

7.81

9.56

 

 

 

 

31

7.27

16.63

 

64

8.64

10.57

 

 

 

 

32

7.49

16.75

 

65

7.80

9.53

 

 

 

 

33

7.32

16.44

 

66

8.05

9.83

 

 

 

 

 

(1)

Assumes 1mLIBOR and 6mLIBOR stays at 4.16% and 4.57% respectively and the cashflows are run to the Optional Termination at the pricing speed.

(2)

Assumes 1mLIBOR and 6mLIBOR increase instantaneously to 20.00% and the cashflows are run to the Optional Termination at the pricing speed.

(3)

The effective net funds cap rate (“Effective Rate”) is computed in the same manner as the Net WAC Cap Rate after giving effect to Net Swap Payments received from the Swap Provider.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

Net WAC Cap and Effective Maximum Rate for Class M Certificates

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

 

Period

NWC(1)
(%)

Max Rate (2, 3)
(%)

1

4.67

16.96

 

34

7.64

16.72

 

67

8.06

10.09

2

6.39

22.20

 

35

7.82

16.77

 

68

8.32

10.40

3

6.39

22.14

 

36

7.89

17.05

 

69

8.04

10.05

4

6.64

22.32

 

37

8.07

17.13

 

70

8.04

10.04

5

6.40

21.99

 

38

7.96

16.97

 

71

8.29

10.35

6

6.48

21.97

 

39

7.95

16.84

 

72

8.02

10.00

7

6.40

21.77

 

40

8.57

17.42

 

73

8.28

10.32

8

6.48

21.71

 

41

7.94

16.59

 

74

8.00

9.97

9

6.41

21.47

 

42

8.22

17.17

 

75

7.99

9.96

10

6.41

21.29

 

43

8.02

16.81

 

76

8.54

10.63

11

6.50

21.18

 

44

8.23

17.07

 

77

7.98

9.92

12

6.42

20.89

 

45

8.03

16.71

 

78

8.23

10.24

13

6.51

20.76

 

46

8.02

16.60

 

79

7.96

9.89

14

6.43

20.46

 

47

8.22

16.73

 

80

8.22

10.21

15

6.43

20.25

 

48

8.02

16.83

 

81

7.94

9.86

16

6.74

20.35

 

49

8.21

16.97

 

82

7.94

9.84

17

6.44

19.84

 

50

8.01

16.74

 

83

8.19

10.16

18

6.54

19.74

 

51

8.00

16.63

 

84

7.92

9.81

19

6.45

19.44

 

52

8.66

17.38

 

85

8.17

10.12

20

6.56

19.35

 

53

7.99

16.42

 

86

7.90

9.78

21

6.46

19.06

 

54

8.19

16.70

 

87

7.89

9.76

22

6.46

18.87

 

55

8.15

10.00

 

88

8.73

10.79

23

6.58

18.79

 

56

8.41

10.35

 

 

 

 

24

7.23

18.88

 

57

8.13

10.00

 

 

 

 

25

7.36

18.50

 

58

8.12

9.99

 

 

 

 

26

7.46

18.00

 

59

8.38

10.31

 

 

 

 

27

7.44

17.46

 

60

8.12

10.14

 

 

 

 

28

7.78

17.54

 

61

8.38

10.46

 

 

 

 

29

7.44

16.96

 

62

8.10

10.16

 

 

 

 

30

7.77

17.35

 

63

8.09

10.15

 

 

 

 

31

7.60

17.03

 

64

8.95

11.22

 

 

 

 

32

7.82

17.18

 

65

8.08

10.12

 

 

 

 

33

7.65

16.86

 

66

8.34

10.44

 

 

 

 

 

(1)

Assumes 1mLIBOR and 6mLIBOR stays at 4.16% and 4.57% respectively and the cashflows are run to the Optional Termination at the pricing speed.

(2)

Assumes 1mLIBOR and 6mLIBOR increase instantaneously to 20.00% and the cashflows are run to the Optional Termination at the pricing speed.

(3)

The effective net funds cap rate (“Effective Rate”) is computed in the same manner as the Net WAC Cap Rate after giving effect to Net Swap Payments received from the Swap Provider.

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 

 



 


Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

Excess Spread

Period

Static
LIBOR
(basis
points) (1)

1m
LIBOR
(%)

6m
LIBOR
(%)

Fwd
LIBOR
(basis
points) (2)

 

Period

Static LIBOR
(basis points)
(1)

1m LIBOR
(%)

6m
LIBOR
(%)

Fwd
LIBOR
(basis
points) (2)

 

Period

Static
LIBOR
(basis
points) (1)

1m
LIBOR
(%)

6m
LIBOR
(%)

Fwd
LIBOR
(basis
points) (2)

1

0.30

4.107500

4.547540

0.32

 

34

3.37

4.950970

5.133450

3.19

 

67

3.79

5.283630

5.290320

3.09

2

2.07

4.365500

4.684330

2.07

 

35

3.44

4.957640

5.057260

3.26

 

68

3.93

5.114710

5.263890

3.43

3

2.07

4.488600

4.790590

2.08

 

36

3.63

5.130790

5.092970

3.47

 

69

3.77

5.282890

5.295620

3.08

4

2.10

4.534970

4.860210

2.10

 

37

3.69

4.973200

5.072640

3.61

 

70

3.76

5.290820

5.299790

3.06

5

2.07

4.702160

4.924520

2.08

 

38

3.65

5.147200

5.109320

3.48

 

71

3.90

5.122620

5.244840

3.39

6

2.09

4.859350

4.970230

2.09

 

39

3.66

5.141490

5.088610

3.49

 

72

3.74

5.297080

5.277750

3.04

7

2.08

4.922170

4.983520

2.08

 

40

3.89

4.663040

5.097470

3.95

 

73

3.88

5.129340

5.252490

3.37

8

2.09

4.929390

4.985200

2.09

 

41

3.66

5.171230

5.190580

3.46

 

74

3.73

5.290210

5.285750

3.03

9

2.09

4.927580

4.989060

2.07

 

42

3.82

5.011320

5.169490

3.74

 

75

3.72

5.308740

5.261000

3.00

10

2.09

4.930800

4.984730

2.06

 

43

3.74

5.181810

5.205890

3.56

 

76

4.00

4.968810

5.264860

3.67

11

2.11

4.938730

4.978060

2.08

 

44

3.85

5.027030

5.185690

3.76

 

77

3.70

5.306400

5.327760

2.98

12

2.10

4.940640

4.969230

2.05

 

45

3.76

5.202650

5.222010

3.57

 

78

3.84

5.148650

5.303140

3.31

13

2.12

4.933800

4.959930

2.07

 

46

3.75

5.210720

5.229500

3.55

 

79

3.68

5.324630

5.336750

2.95

14

2.11

4.946360

4.951550

2.04

 

47

3.83

5.049940

5.150710

3.71

 

80

3.82

5.157580

5.311990

3.29

15

2.11

4.903990

4.939720

2.04

 

48

3.75

5.216990

5.186010

3.57

 

81

3.67

5.333720

5.346460

2.93

16

2.20

4.893840

4.936550

2.12

 

49

3.83

5.065600

5.164060

3.74

 

82

3.66

5.338050

5.351060

2.91

17

2.12

4.889190

4.936450

2.03

 

50

3.74

5.241590

5.197870

3.55

 

83

3.80

5.170430

5.267350

3.24

18

2.15

4.884390

4.936600

2.06

 

51

3.73

5.238640

5.173860

3.54

 

84

3.64

5.347610

5.301940

2.88

19

2.13

4.883160

4.938630

2.02

 

52

3.99

4.744890

5.178430

4.08

 

85

3.78

5.179270

5.277240

3.21

20

2.16

4.883730

4.941050

2.05

 

53

3.72

5.259280

5.268730

3.50

 

86

3.62

5.357210

5.311860

2.85

21

2.13

4.885060

4.945140

2.01

 

54

3.80

5.093590

5.242590

3.71

 

87

3.61

5.362270

5.287700

2.84

22

2.14

4.887590

4.948990

2.00

 

55

3.88

5.267700

5.273680

3.20

 

88

4.05

4.846700

5.292650

3.84

23

2.18

4.891270

4.952680

2.04

 

56

4.02

5.100600

5.246540

3.53

 

 

 

 

 

 

24

2.94

4.895390

4.957920

2.77

 

57

3.87

5.263800

5.276720

3.19

 

 

 

 

 

 

25

2.97

4.899160

4.962430

2.79

 

58

3.86

5.275710

5.277570

3.16

 

 

 

 

 

 

26

3.17

4.903940

4.968950

2.96

 

59

3.99

5.106300

5.190950

3.50

 

 

 

 

 

 

27

3.16

4.908750

4.973360

2.92

 

60

3.85

5.272380

5.220570

3.15

 

 

 

 

 

 

28

3.28

4.913040

4.979400

3.04

 

61

3.99

5.106980

5.192480

3.48

 

 

 

 

 

 

29

3.15

4.918980

4.986700

2.88

 

62

3.83

5.277810

5.222280

3.13

 

 

 

 

 

 

30

3.39

4.924300

4.992480

3.22

 

63

3.82

5.278350

5.194510

3.12

 

 

 

 

 

 

31

3.32

4.931490

5.110830

3.13

 

64

4.26

4.767270

5.196390

4.11

 

 

 

 

 

 

32

3.44

4.936980

5.090520

3.29

 

65

3.81

5.280280

5.285300

3.10

 

 

 

 

 

 

33

3.37

4.943490

5.125840

3.20

 

66

3.94

5.111770

5.258450

3.45

 

 

 

 

 

 

 

(1)

Assumes 1mLIBOR and 6mLIBOR stays at 4.16% and 4.57% respectively, and the cashflows are run to the Optional Termination at the pricing speed.

(2)

Assumes forward 1mLIBOR and 6mLIBOR curves as of November 11, 2005; and cash flows are run to the Optional Termination at the pricing speed.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

PART IV: COLLATERAL STATISTICS

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

Collateral Summary

Statistics given below are for the Mortgage Loans in the pool as of the Cut-off Date. Balances and percentages are based on the Cut-off Date scheduled balances of such Mortgage Loans (except in the case of Debt-to-Income and FICO, which are determined at origination).

 

 

Summary Statistics

Range (if applicable)

 

 

 

Number of Mortgage Loans

8,458

 

 

 

 

Aggregate Current Principal Balance

$1,556,425,508.91

 

 

 

 

Average Current Principal Balance

$184,018.15

$19,991.13 to $999,177.68

Aggregate Original Principal Balance

$1,557,621,497.62

 

 

 

 

Average Original Principal Balance

$184,159.55

$20,000.00 to $999,999.00

Fully Amortizing Mortgage Loans

100.00%

 

 

 

 

1st Lien

99.40%

 

 

 

 

Weighted Avg. Gross Coupon

7.534%

5.500% to 12.850%

 

 

 

Weighted Avg. Original Term (months)

354

120 to 360

Weighted Avg. Remaining Term (months)

353

117 to 360

 

 

 

Weighted Avg. Margin(ARM Loans Only)

5.702%

2.750% to 6.750%

 

 

 

Weighted Avg. Maximum Rate (ARM Loans Only)

13.791%

11.500% to 18.850%

 

 

 

Weighted Avg. Minimum Rate (ARM Loans Only)

7.791%

5.500% to 12.850%

 

 

 

Weighted Avg. Original LTV (1)

77.81%

7.99% to 100.00%

 

 

 

Weighted Avg. Borrower FICO

631

500 to 818

 

 

 

Geographic Distribution (Top 5)

CA

17.23%

 

 

FL

10.77%

 

 

NY

10.49%

 

 

NJ

7.77%

 

 

MD

6.09%

 

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

 

Collateral Type

COLLATERAL TYPE

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE
AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

2 YR/6MO LIB

4,217

714,643,948.96

45.92

357

42.02

8.178

586

76.31

2 YR/6MO LIB - 5YR IO

497

135,715,923.00

8.72

359

41.96

7.140

661

81.37

3 YR/6MO LIB

1,261

203,298,687.59

13.06

357

40.21

7.563

609

77.28

3 YR/6MO LIB - 5YR IO

351

89,979,027.19

5.78

359

40.36

6.637

685

80.57

5 YR/6MO LIB

77

11,887,225.43

0.76

359

39.11

6.449

726

79.71

5 YR/6MO LIB - 5YR IO

85

18,413,192.23

1.18

359

37.63

6.606

727

81.48

FIXED RATE

1,630

293,328,339.64

18.85

332

41.95

6.715

699

78.68

FIXED RATE - 5YR IO

340

89,159,164.87

5.73

359

40.37

6.848

694

78.85

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

 

Principal Balances at Origination

RANGE OF
PRINCIPAL BALANCES
AT ORIGINATION ($)

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF
ORIGINATION ($)

% OF PRINCIPAL
BALANCE
AS OF
ORIGINATION

REMAINING
TERM TO
MATURITY
(months)*

DEBT-TO-
INCOME
(%)*

GROSS
COUPON
(%)*

FICO*

OLTV
(%)*

0.01 - 25,000.00

31

690,500.00

0.04

347

38.51

9.990

656

100.00

25,000.01 - 50,000.00

103

3,718,611.00

0.24

358

41.57

9.963

665

99.82

50,000.01 - 100,000.00

1,960

155,203,152.00

9.96

344

39.37

8.661

603

74.04

100,000.01 - 150,000.00

2,114

262,933,218.81

16.88

349

40.31

7.911

616

76.72

150,000.01 - 200,000.00

1,463

254,598,251.50

16.35

352

41.51

7.583

622

77.33

200,000.01 - 250,000.00

882

196,674,925.60

12.63

355

41.92

7.511

627

77.81

250,000.01 - 300,000.00

704

193,302,102.71

12.41

356

42.30

7.097

641

77.57

300,000.01 - 350,000.00

426

137,800,703.00

8.85

354

41.93

7.102

644

78.89

350,000.01 - 400,000.00

286

106,600,521.00

6.84

356

43.30

7.054

652

79.62

400,000.01 - 450,000.00

174

74,154,360.00

4.76

358

43.57

7.103

651

80.13

450,000.01 - 500,000.00

146

69,558,739.00

4.47

359

42.70

7.053

656

80.77

500,000.01 - 550,000.00

57

30,030,507.00

1.93

356

42.09

7.251

662

81.07

550,000.01 - 600,000.00

53

30,932,134.00

1.99

359

40.49

7.165

659

81.73

600,000.01 - 650,000.00

17

10,575,250.00

0.68

359

40.89

7.017

678

80.06

650,000.01 - 700,000.00

18

12,072,075.00

0.78

359

40.07

7.346

620

78.63

700,000.01 - 750,000.00

13

9,411,949.00

0.60

359

41.78

7.178

647

77.86

750,000.01 - 800,000.00

5

3,860,000.00

0.25

322

37.09

6.892

683

78.26

800,000.01 - 850,000.00

2

1,684,499.00

0.11

359

32.30

7.914

642

74.08

900,000.01 - 950,000.00

3

2,820,000.00

0.18

359

43.73

7.879

685

69.99

950,000.01 - 1,000,000.00

1

999,999.00

0.06

359

21.00

6.990

612

66.67

Total:

8,458

1,557,621,497.62

100.00

353

41.50

7.534

631

77.81

 

*Based on the original balances of the Mortgage Loans.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

 

Principal Balance as of the Cut-Off Date

RANGE OF PRINCIPAL
BALANCES AS OF THE
CUT-OFF DATE ($)

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE
AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

0.01 - 25,000.00

31

690,071.55

0.04

347

38.51

9.990

656

100.00

25,000.01 - 50,000.00

103

3,712,253.06

0.24

358

41.57

9.963

665

99.82

50,000.01 - 100,000.00

1,961

155,156,937.11

9.97

344

39.37

8.660

603

74.05

100,000.01 - 150,000.00

2,116

263,046,873.04

16.90

348

40.29

7.911

616

76.72

150,000.01 - 200,000.00

1,462

254,344,862.66

16.34

352

41.53

7.586

622

77.33

200,000.01 - 250,000.00

883

196,884,494.81

12.65

355

41.92

7.503

628

77.83

250,000.01 - 300,000.00

702

192,708,269.04

12.38

356

42.30

7.100

641

77.57

300,000.01 - 350,000.00

427

138,088,097.35

8.87

353

41.95

7.098

645

78.94

350,000.01 - 400,000.00

284

105,830,924.19

6.80

356

43.27

7.060

652

79.55

400,000.01 - 450,000.00

176

75,004,474.20

4.82

358

43.64

7.099

651

80.20

450,000.01 - 500,000.00

144

68,618,153.81

4.41

359

42.62

7.058

657

80.71

500,000.01 - 550,000.00

57

30,016,854.37

1.93

356

42.09

7.251

662

81.07

550,000.01 - 600,000.00

53

30,919,616.45

1.99

359

40.49

7.165

659

81.73

600,000.01 - 650,000.00

18

11,221,665.23

0.72

359

40.38

7.132

669

80.31

650,000.01 - 700,000.00

17

11,416,886.55

0.73

359

40.53

7.253

626

78.30

700,000.01 - 750,000.00

13

9,407,797.60

0.60

359

41.78

7.178

647

77.86

750,000.01 - 800,000.00

5

3,855,418.96

0.25

322

37.08

6.892

683

78.26

800,000.01 - 850,000.00

2

1,683,299.81

0.11

359

32.30

7.915

642

74.08

900,000.01 - 950,000.00

3

2,819,381.44

0.18

359

43.73

7.879

685

69.99

950,000.01 - 1,000,000.00

1

999,177.68

0.06

359

21.00

6.990

612

66.67

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Remaining Term to Maturity

RANGE OF MONTHS
REMAINING

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE
AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

61 - 120

15

1,287,917.68

0.08

119

42.29

8.482

595

68.52

121 - 180

331

43,682,419.25

2.81

179

39.08

6.672

693

74.80

181 - 240

67

9,829,161.17

0.63

239

39.00

7.350

656

74.14

241 - 300

12

2,993,743.98

0.19

299

42.95

6.190

694

72.12

301 - 360

8,033

1,498,632,266.83

96.29

359

41.58

7.562

629

77.94

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

Mortgage Rates

RANGE OF CURRENT
MORTGAGE RATES
(%)

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

5.500 - 5.999

526

130,862,370.77

8.41

334

40.87

5.855

717

73.44

6.000 - 6.499

920

209,760,890.06

13.48

346

40.45

6.268

690

77.57

6.500 - 6.999

1,689

372,507,326.28

23.93

356

41.17

6.750

659

79.99

7.000 - 7.499

786

163,749,562.76

10.52

356

41.06

7.254

623

79.08

7.500 - 7.999

1,238

227,061,613.60

14.59

357

41.79

7.759

603

77.26

8.000 - 8.499

562

94,300,215.94

6.06

357

42.75

8.250

587

76.63

8.500 - 8.999

947

141,406,682.63

9.09

356

41.99

8.754

572

76.31

9.000 - 9.499

393

52,724,741.60

3.39

354

41.44

9.251

569

76.34

9.500 - 9.999

784

90,065,345.99

5.79

355

43.12

9.786

577

79.52

10.000 - 10.499

251

30,884,440.79

1.98

356

43.54

10.207

562

78.16

10.500 - 10.999

195

21,909,813.94

1.41

354

41.11

10.746

564

77.27

11.000 - 11.499

75

9,863,752.76

0.63

355

43.56

11.275

553

75.25

11.500 - 11.999

76

7,960,964.16

0.51

352

42.42

11.720

545

76.86

12.000 - 12.499

13

2,856,006.61

0.18

359

47.39

12.192

572

79.48

12.500 - 12.999

3

511,781.02

0.03

338

42.33

12.802

610

77.71

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Original Loan-to-Value Ratios(1)

RANGE OF ORIGINAL
LOAN-TO-VALUE
RATIOS (%)

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV (1)
(%)

0.01 - 25.00

42

4,477,283.53

0.29

353

36.73

7.641

619

19.75

25.01 - 30.00

45

4,561,366.08

0.29

340

39.96

7.885

612

27.33

30.01 - 35.00

32

3,761,542.43

0.24

336

38.73

7.712

620

32.78

35.01 - 40.00

83

10,042,615.30

0.65

346

40.89

7.747

612

37.95

40.01 - 45.00

117

16,618,737.77

1.07

345

39.55

7.577

613

42.86

45.01 - 50.00

144

24,143,164.95

1.55

349

41.66

7.638

607

47.79

50.01 - 55.00

220

35,930,380.46

2.31

353

41.67

7.573

613

52.93

55.01 - 60.00

373

60,100,585.14

3.86

353

40.89

7.848

590

58.12

60.01 - 65.00

386

68,102,151.07

4.38

347

41.03

7.267

624

62.92

65.01 - 70.00

495

93,153,609.50

5.99

354

41.96

7.402

623

67.83

70.01 - 75.00

1,192

212,351,703.65

13.64

353

41.70

7.852

598

73.54

75.01 - 80.00

1,504

288,384,743.82

18.53

351

41.01

7.225

640

78.79

80.01 - 85.00

1,328

266,446,193.99

17.12

355

41.71

7.696

626

83.66

85.01 - 90.00

2,264

451,354,700.25

29.00

354

41.79

7.445

656

89.15

90.01 - 95.00

40

7,838,204.33

0.50

358

43.19

7.372

708

93.70

95.01 - 100.00

193

9,158,526.64

0.59

358

40.78

9.950

670

99.98

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

FICO Score at Origination

RANGE OF FICO
SCORES

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME (%)

GROSS
COUPON (%)

FICO

OLTV
(%)

500 - 519

464

65,715,475.09

4.22

354

42.78

8.967

510

65.57

520 - 539

680

106,452,670.42

6.84

355

42.88

8.982

529

72.00

540 - 559

771

120,680,514.37

7.75

357

42.69

8.552

551

74.56

560 - 579

823

133,273,189.62

8.56

357

42.10

8.192

569

75.46

580 - 599

820

140,072,157.79

9.00

357

41.80

8.002

590

77.41

600 - 619

795

134,278,902.78

8.63

355

41.29

7.845

609

78.37

620 - 639

813

152,128,006.36

9.77

357

40.18

7.574

629

80.46

640 - 659

740

159,783,753.29

10.27

357

41.21

7.122

649

81.76

660 - 679

536

121,910,754.77

7.83

356

41.73

6.909

669

80.69

680 - 699

587

122,437,168.67

7.87

349

40.82

6.747

689

81.43

700 - 719

433

95,193,509.93

6.12

344

41.90

6.528

710

79.59

720 - 739

406

84,305,630.39

5.42

342

41.41

6.396

729

80.19

740 - 759

270

57,847,044.39

3.72

338

40.22

6.393

749

79.04

760 - 779

185

36,401,336.64

2.34

342

39.49

6.294

769

75.35

780 - 799

96

18,483,048.98

1.19

339

39.67

6.364

788

75.18

800 +

39

7,462,345.42

0.48

333

39.69

6.297

806

73.82

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Debt-to-Income Ratio

RANGE OF DEBT-TO-
INCOME RATIOS (%)

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

0.01 - 20.00

312

49,711,967.89

3.19

349

14.87

7.569

628

74.47

20.01 - 25.00

366

58,583,367.19

3.76

348

23.21

7.507

634

76.47

25.01 - 30.00

635

108,224,124.96

6.95

352

28.21

7.356

636

77.23

30.01 - 35.00

876

148,264,580.82

9.53

350

33.05

7.407

638

77.23

35.01 - 40.00

1,183

211,647,132.91

13.60

354

38.12

7.501

634

78.03

40.01 - 45.00

1,649

302,309,582.06

19.42

352

43.18

7.455

637

78.00

45.01 - 50.00

2,727

543,020,610.47

34.89

353

48.29

7.481

638

79.51

50.01 - 55.00

710

134,664,142.61

8.65

357

53.45

8.262

579

73.06

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

Geographic Distribution

STATE

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

California

901

268,233,664.25

17.23

358

41.76

6.859

646

74.33

Florida

981

167,632,216.67

10.77

355

41.23

7.480

616

77.90

New York

650

163,335,928.69

10.49

349

42.84

7.274

648

75.46

New Jersey

526

121,009,494.09

7.77

354

43.21

7.827

632

75.65

Maryland

457

94,748,081.53

6.09

352

41.63

7.388

630

78.23

Pennsylvania

397

58,362,496.72

3.75

352

40.55

7.539

618

79.68

Illinois

352

57,847,804.84

3.72

353

42.07

8.719

622

79.76

Texas

503

55,105,543.86

3.54

340

40.79

8.290

615

76.90

Arizona

294

51,117,135.38

3.28

357

39.78

7.267

625

77.85

Massachusetts

229

50,773,971.19

3.26

357

42.33

7.674

630

77.18

Michigan

351

42,204,427.12

2.71

353

41.23

7.903

612

81.77

Washington

195

40,326,192.82

2.59

354

40.00

7.236

642

82.58

Georgia

274

38,676,741.42

2.48

347

39.38

8.312

627

80.85

Connecticut

136

25,219,900.71

1.62

349

41.51

7.438

635

77.29

Indiana

199

24,432,145.70

1.57

353

40.47

7.896

638

84.39

Nevada

94

21,540,855.60

1.38

356

42.03

7.109

636

79.68

Wisconsin

150

21,433,608.82

1.38

355

41.94

8.284

607

80.18

Minnesota

106

20,301,994.88

1.30

353

41.82

7.548

643

81.56

Tennessee

152

17,402,556.70

1.12

340

40.18

8.126

618

83.19

Hawaii

51

17,195,680.36

1.10

356

41.97

6.796

675

75.70

Rhode Island

77

16,698,226.77

1.07

353

43.83

7.070

622

75.21

North Carolina

133

16,266,418.10

1.05

352

40.66

8.436

629

82.14

Colorado

83

15,690,569.55

1.01

352

39.27

7.364

642

82.00

New Hampshire

87

14,671,790.12

0.94

356

41.30

7.640

617

74.89

South Carolina

109

13,997,908.66

0.90

347

40.98

8.450

619

80.60

Missouri

125

13,725,116.02

0.88

347

40.18

7.783

619

81.16

Alabama

121

12,839,035.05

0.82

345

38.53

8.830

598

82.25

Oregon

72

11,904,547.22

0.76

354

44.26

7.364

655

81.51

Delaware

60

9,749,979.68

0.63

339

40.29

7.408

615

80.13

Oklahoma

94

8,725,818.49

0.56

342

38.36

8.095

605

81.00

Utah

42

7,720,681.22

0.50

344

41.43

7.337

646

84.42

Maine

56

7,310,195.85

0.47

359

40.93

8.139

611

77.67

Kentucky

62

6,883,369.92

0.44

354

40.13

8.171

612

82.75

Iowa

56

6,212,318.40

0.40

348

39.48

7.873

630

85.22

Kansas

51

5,687,827.48

0.37

339

37.20

7.849

643

83.83

Arkansas

48

5,471,689.02

0.35

346

39.11

8.364

628

84.35

Mississippi

39

4,249,979.58

0.27

341

38.78

8.590

604

81.58

District of Columbia

18

4,011,212.28

0.26

359

38.23

7.305

608

70.49

Louisiana

34

3,399,083.01

0.22

336

38.42

7.520

643

79.43

Vermont

12

2,657,210.88

0.17

359

42.29

7.690

635

81.55

New Mexico

14

2,313,996.79

0.15

347

42.91

7.476

633

80.72

Ohio

21

2,051,873.71

0.13

357

40.61

7.690

632

79.68

Idaho

12

2,034,011.48

0.13

359

39.99

8.349

602

85.82

Montana

7

1,670,385.01

0.11

358

42.03

6.849

651

77.58

Wyoming

12

1,407,716.96

0.09

359

37.28

8.800

617

84.19

Alaska

8

1,357,749.30

0.09

341

43.80

7.773

628

74.23

South Dakota

5

604,330.06

0.04

359

36.07

7.111

655

88.54

North Dakota

2

212,026.95

0.01

359

29.39

7.125

634

79.13

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

Occupancy Status

OCCUPANCY
STATUS*

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME (%)

GROSS
COUPON (%)

FICO

OLTV
(%)

Owner Occupied

8,126

1,509,414,062.86

96.98

353

41.59

7.527

630

77.87

Non-Owner Occupied

255

34,783,918.71

2.23

350

38.26

7.896

659

76.30

Second Home

77

12,227,527.34

0.79

344

40.14

7.429

677

73.59

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

*Based on mortgagor representation at origination.

 

 

Documentation Type

INCOME
DOCUMENTATION

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME (%)

GROSS
COUPON (%)

FICO

OLTV
(%)

Full Documentation

6,153

1,143,308,602.46

73.46

353

41.37

7.371

634

78.35

Limited Documentation

1,433

250,054,566.70

16.07

352

41.35

7.882

618

78.60

Stated Documentation

872

163,062,339.75

10.48

354

42.68

8.142

635

72.75

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Loan Purpose

PURPOSE

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME (%)

GROSS
COUPON (%)

FICO

OLTV
(%)

Refinance-Debt Consolidation Cash Out**

7,707

1,449,669,351.30

93.14

353

41.55

7.542

629

77.52

Purchase

459

60,319,365.45

3.88

356

40.30

7.662

658

83.82

Refinance-Debt Consolidation No Cash Out***

292

46,436,792.16

2.98

346

41.64

7.137

672

78.88

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

** Cash proceeds to the borrower inclusive of debt consolidation payments exceed 2% or $2,000 of the original principal balance of the related loan. Also includes all home equity loans originated in Texas with any cash proceeds.

 

*** Cash proceeds to the borrower inclusive of debt consolidation payments do not exceed 2% or $2,000 of the original principal balance of the related loan. Excludes home equity loans originated in Texas with any cash proceeds.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

Credit Grade

RISK CATEGORY

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

8A

1,223

254,222,144.98

16.33

341

40.81

6.370

743

78.74

7A

746

158,555,405.31

10.19

348

40.98

6.693

693

81.13

6A

484

112,490,771.99

7.23

356

41.79

6.852

669

80.86

5A

621

138,199,403.61

8.88

357

41.65

7.021

649

82.63

4A

649

125,626,084.95

8.07

355

40.22

7.452

633

80.95

3A

616

106,588,577.13

6.85

355

41.12

7.640

614

79.26

2A

806

142,503,532.67

9.16

357

41.10

7.753

605

78.66

A

1,280

213,181,057.40

13.70

357

41.41

8.080

572

77.08

B

1,090

170,459,782.15

10.95

356

43.71

8.899

550

73.95

C

775

111,643,522.77

7.17

355

42.69

8.944

539

67.82

D

168

22,955,225.95

1.47

357

40.42

9.207

525

55.23

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Property Type

PROPERTY TYPE

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

Single Family Detached

7,275

1,315,813,051.97

84.54

353

41.35

7.539

630

77.98

PUD Detached

392

80,865,499.22

5.20

355

42.00

7.531

620

78.89

Two-to Four-Family Detached

321

79,914,911.76

5.13

351

43.89

7.496

658

72.27

Condominium

341

61,936,999.76

3.98

356

41.23

7.479

640

79.64

Single Family Attached

92

12,141,431.19

0.78

355

41.78

7.668

613

79.05

PUD Attached

20

3,438,151.46

0.22

351

40.01

7.339

685

80.64

Manufactured Housing

17

2,315,463.55

0.15

337

37.65

7.455

661

70.36

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Prepayment Charge Term

PREPAYMENT CHARGE
TERM AT ORIGINATION
(MONTHS)

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

No Prepayment Penalty

3,816

678,601,943.60

43.60

353

41.72

8.007

624

77.45

12 Months

367

92,765,589.34

5.96

342

42.01

6.521

688

76.20

24 Months

13

2,781,937.29

0.18

359

40.59

7.662

646

80.92

30 Months

26

5,336,322.06

0.34

359

42.71

7.793

650

85.71

36 Months

4,236

776,939,716.62

49.92

354

41.25

7.240

631

78.25

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

Conforming Balances

CONFORMING BALANCE

NUMBER OF
MORTGAGE
LOANS

PRINCIPAL
BALANCE
AS OF THE
CUT-OFF DATE ($)

% OF PRINCIPAL
BALANCE AS OF
THE CUT-OFF DATE

REMAINING
TERM TO
MATURITY
(months)

DEBT-TO-
INCOME
(%)

GROSS
COUPON
(%)

FICO

OLTV
(%)

Conforming

7,780

1,251,055,148.22

80.38

352

41.35

7.625

626

77.14

Non-Conforming

678

305,370,360.69

19.62

357

42.13

7.161

652

80.55

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.534

631

77.81

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

Maximum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MAXIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

11.500 - 11.999

214

55,788,408.02

4.75

357

40.68

5.879

697

76.02

12.000 - 12.499

438

101,777,164.93

8.67

358

40.12

6.285

664

76.47

12.500 - 12.999

1,146

255,545,298.06

21.77

358

40.67

6.772

640

78.88

13.000 - 13.499

666

136,339,211.66

11.61

357

40.63

7.259

614

78.80

13.500 - 13.999

1,120

204,802,622.91

17.45

358

41.82

7.765

597

76.88

14.000 - 14.499

530

89,704,318.09

7.64

358

42.85

8.250

585

76.74

14.500 - 14.999

905

136,253,004.62

11.61

357

42.13

8.753

571

76.40

15.000 - 15.499

370

50,277,176.21

4.28

357

41.38

9.252

569

76.78

15.500 - 15.999

539

74,452,504.82

6.34

357

43.27

9.758

568

77.97

16.000 - 16.499

227

28,364,874.29

2.42

357

43.25

10.202

563

78.39

16.500 - 16.999

179

20,385,701.80

1.74

357

41.31

10.745

565

77.60

17.000 - 17.499

70

9,497,443.84

0.81

358

43.74

11.278

554

75.58

17.500 - 17.999

68

7,382,487.52

0.63

353

41.99

11.722

545

77.32

18.000 - 18.499

13

2,856,006.61

0.24

359

47.39

12.192

572

79.48

18.500 - 18.999

3

511,781.02

0.04

338

42.33

12.802

610

77.71

Total:

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

 

 

 

Minimum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MINIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

214

55,788,408.02

4.75

357

40.68

5.879

697

76.02

6.000 - 6.499

438

101,777,164.93

8.67

358

40.12

6.285

664

76.47

6.500 - 6.999

1,146

255,545,298.06

21.77

358

40.67

6.772

640

78.88

7.000 - 7.499

666

136,339,211.66

11.61

357

40.63

7.259

614

78.80

7.500 - 7.999

1,120

204,802,622.91

17.45

358

41.82

7.765

597

76.88

8.000 - 8.499

530

89,704,318.09

7.64

358

42.85

8.250

585

76.74

8.500 - 8.999

905

136,253,004.62

11.61

357

42.13

8.753

571

76.40

9.000 - 9.499

370

50,277,176.21

4.28

357

41.38

9.252

569

76.78

9.500 - 9.999

539

74,452,504.82

6.34

357

43.27

9.758

568

77.97

10.000 - 10.499

227

28,364,874.29

2.42

357

43.25

10.202

563

78.39

10.500 - 10.999

179

20,385,701.80

1.74

357

41.31

10.745

565

77.60

11.000 - 11.499

70

9,497,443.84

0.81

358

43.74

11.278

554

75.58

11.500 - 11.999

68

7,382,487.52

0.63

353

41.99

11.722

545

77.32

12.000 - 12.499

13

2,856,006.61

0.24

359

47.39

12.192

572

79.48

12.500 - 12.999

3

511,781.02

0.04

338

42.33

12.802

610

77.71

Total:

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

 

 

 

Gross Margins of the Adjustable-Rate Loans

RANGE OF GROSS

MARGINS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.750 - 2.999

415

78,716,546.96

6.71

359

38.83

6.598

721

80.60

3.000 - 3.249

17

3,990,161.35

0.34

357

37.34

6.433

610

77.19

3.250 - 3.499

4

752,990.14

0.06

358

44.56

7.803

619

83.94

3.500 - 3.749

1

180,000.00

0.02

356

43.00

6.200

629

83.37

3.750 - 3.999

11

2,458,181.73

0.21

359

42.73

7.666

621

85.67

4.000 - 4.249

14

2,531,392.46

0.22

359

42.33

9.088

570

82.18

4.250 - 4.499

237

37,582,937.79

3.20

357

42.78

9.321

594

79.67

4.500 - 4.749

3

570,411.36

0.05

359

32.39

6.859

670

83.45

4.750 - 4.999

121

35,846,240.05

3.05

357

42.15

6.569

738

82.58

5.000 - 5.249

159

42,873,523.86

3.65

359

41.14

6.768

688

80.31

5.250 - 5.499

316

72,351,301.21

6.16

358

40.67

6.873

668

81.37

5.500 - 5.749

448

96,577,777.51

8.23

358

41.96

7.046

647

82.73

5.750 - 5.999

566

111,485,901.92

9.50

357

40.27

7.366

631

80.39

6.000 - 6.249

1,274

230,464,580.14

19.63

358

41.11

7.658

605

78.77

6.250 - 6.499

1,156

191,980,826.39

16.35

357

41.61

8.059

571

76.95

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

6.500 - 6.749

960

151,763,434.40

12.93

358

43.44

8.849

548

73.55

6.750 - 6.999

786

113,811,797.13

9.69

356

42.07

8.947

537

65.59

Total:

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE TOTAL COLLATERAL

 

 

Next Rate Adjustment Date of the Adjustable-Rate Loans

NEXT RATE ADJUSTMENT

DATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

May 2007

3

555,157.58

0.05

354

46.53

7.404

596

80.88

June 2007

1

174,416.87

0.01

355

49.00

8.100

500

67.31

July 2007

43

7,517,645.74

0.64

354

43.72

8.662

584

77.71

August 2007

163

28,104,597.90

2.39

356

42.75

7.818

588

74.20

September 2007

92

20,611,811.12

1.76

357

43.25

7.783

621

79.00

October 2007

4,402

792,201,312.75

67.48

358

41.94

8.019

598

77.17

November 2007

10

1,194,930.00

0.10

360

38.37

7.901

623

78.95

July 2008

20

3,585,754.09

0.31

356

39.46

6.424

684

80.92

August 2008

36

4,986,980.32

0.42

357

40.08

7.482

617

75.26

September 2008

38

9,852,031.61

0.84

358

42.18

7.127

652

80.83

October 2008

1,514

274,198,872.76

23.36

358

40.20

7.292

631

78.20

November 2008

4

654,076.00

0.06

360

40.20

7.144

663

87.56

June 2010

1

418,591.00

0.04

355

42.00

6.250

704

88.12

July 2010

6

852,966.52

0.07

356

40.58

6.331

723

82.83

August 2010

4

513,449.36

0.04

357

38.04

6.824

689

84.18

September 2010

1

219,600.00

0.02

358

43.00

6.990

713

89.63

October 2010

150

28,295,810.78

2.41

359

38.05

6.547

728

80.48

Total:

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

 

 

Initial Periodic Rate Cap of the Adjustable-Rate Loans

INITIAL PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.000

6,326

1,143,637,586.74

97.42

358

41.56

7.824

607

77.42

6.000

162

30,300,417.66

2.58

359

38.21

6.545

727

80.78

Total:

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

 

 

Periodic Rate Cap of the Adjustable-Rate Loans

PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

1.000

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

Total:

6,488

1,173,938,004.40

100.00

358

41.47

7.791

610

77.51

 

 

Insured AVM

INSURED AVM

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Non-Insured AVM

5,955

1,092,382,146.52

70.19

354

41.93

7.78

619

78.39

Insured AVM

2,503

464,043,362.39

29.81

349

40.50

6.96

662

76.43

Total:

8,458

1,556,425,508.91

100.00

353

41.50

7.53

631

77.81

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

Collateral Summary

Statistics given below are for the Mortgage Loans in the pool as of the Cut-off Date. Balances and percentages are based on the Cut-off Date scheduled balances of such Mortgage Loans (except in the case of Debt-to-Income and FICO, which are determined at origination).

 

 

Summary Statistics

Range (if applicable)

 

 

 

Number of Mortgage Loans

7,242

 

 

 

 

Aggregate Current Principal Balance

$1,174,068,965.73

 

 

 

 

Average Current Principal Balance

$162,119.44

$19,991.13 to $619,999.99

Aggregate Original Principal Balance

$1,175,031,204.62

 

 

 

 

Average Original Principal Balance

$162,252.31

$20,000.00 to $620,000.00

Fully Amortizing Mortgage Loans

100.00%

 

 

 

 

1st Lien

99.80%

 

 

 

 

Weighted Avg. Gross Coupon

7.628%

5.500% to 12.850%

 

 

 

Weighted Avg. Original Term (months)

353

120 to 360

Weighted Avg. Remaining Term (months)

352

117 to 360

 

 

 

Weighted Avg. Margin(ARM Loans Only)

5.755%

2.750% to 6.750%

 

 

 

Weighted Avg. Maximum Rate (ARM Loans Only)

13.899%

11.500% to 18.850%

 

 

 

Weighted Avg. Minimum Rate (ARM Loans Only)

7.899%

5.500% to 12.850%

 

 

 

Weighted Avg. Original LTV (1)

76.93%

7.99% to 100.00%

 

 

 

Weighted Avg. Borrower FICO

626

500 to 818

 

 

 

Geographic Distribution (Top 5)

FL

11.71%

 

 

CA

11.46%

 

 

NY

9.76%

 

 

NJ

7.89%

 

 

MD

6.18%

 

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

 

Collateral Type

COLLATERAL TYPE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

2 YR/6MO LIB

3,818

588,774,752.89

50.15

357

41.96

8.235

583

75.77

2 YR/6MO LIB - 5YR IO

350

72,145,735.37

6.14

359

42.18

7.145

657

81.12

3 YR/6MO LIB

1,128

166,747,226.83

14.20

357

39.81

7.616

608

77.08

3 YR/6MO LIB - 5YR IO

258

52,929,453.79

4.51

359

39.37

6.682

685

79.11

5 YR/6MO LIB

69

9,683,448.18

0.82

359

38.34

6.432

728

80.72

5 YR/6MO LIB - 5YR IO

71

13,433,042.28

1.14

359

38.17

6.562

728

79.86

FIXED RATE

1,303

218,809,844.53

18.64

327

41.70

6.692

700

77.68

FIXED RATE - 5YR IO

245

51,545,461.86

4.39

359

40.07

6.852

696

77.07

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

 

Principal Balances at Origination

RANGE OF

PRINCIPAL BALANCES

AT ORIGINATION ($)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF

ORIGINATION ($)

% OF PRINCIPAL

BALANCE
AS OF

ORIGINATION

REMAINING

TERM TO

MATURITY

(months)*

DEBT-TO-INCOME (%)*

GROSS COUPON (%)*

FICO*

OLTV

(%)*

0.01 - 25,000.00

18

390,440.00

0.03

359

41.87

9.990

663

100.00

25,000.01 - 50,000.00

48

1,709,916.00

0.15

359

42.51

9.932

674

99.62

50,000.01 - 100,000.00

1,785

141,913,746.00

12.08

345

39.38

8.641

601

73.51

100,000.01 - 150,000.00

1,990

247,632,512.81

21.07

348

40.32

7.909

615

76.45

150,000.01 - 200,000.00

1,396

242,756,554.50

20.66

352

41.48

7.586

622

77.24

200,000.01 - 250,000.00

830

185,133,479.60

15.76

355

41.88

7.527

626

77.59

250,000.01 - 300,000.00

666

182,942,166.71

15.57

356

42.31

7.106

640

77.51

300,000.01 - 350,000.00

392

126,771,265.00

10.79

355

41.92

7.097

644

78.53

350,000.01 - 400,000.00

80

28,943,201.00

2.46

355

44.66

7.062

658

79.30

400,000.01 - 450,000.00

25

10,662,876.00

0.91

359

44.83

7.187

677

76.06

450,000.01 - 500,000.00

7

3,391,047.00

0.29

359

39.83

6.528

704

75.73

500,000.01 - 550,000.00

3

1,569,000.00

0.13

358

50.01

6.499

703

72.88

550,000.01 - 600,000.00

1

595,000.00

0.05

359

54.00

7.990

598

85.00

600,000.01 - 650,000.00

1

620,000.00

0.05

359

44.00

6.350

640

80.00

Total:

7,242

1,175,031,204.62

100.00

352

41.35

7.628

626

76.93

 

*Based on the original balances of the Mortgage Loans.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

 

Principal Balance as of the Cut-Off Date

RANGE OF PRINCIPAL BALANCES AS OF THE

CUT-OFF DATE ($)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME
(%)

GROSS COUPON
(%)

FICO

OLTV

(%)

0.01 - 25,000.00

18

390,246.87

0.03

359

41.87

9.990

663

100.00

25,000.01 - 50,000.00

48

1,704,595.15

0.15

359

42.52

9.932

673

99.62

50,000.01 - 100,000.00

1,786

141,881,948.95

12.08

345

39.38

8.639

601

73.52

100,000.01 - 150,000.00

1,992

247,758,021.29

21.10

348

40.30

7.909

615

76.44

150,000.01 - 200,000.00

1,395

242,511,147.93

20.66

352

41.50

7.590

621

77.24

200,000.01 - 250,000.00

831

185,349,694.55

15.79

355

41.89

7.519

626

77.60

250,000.01 - 300,000.00

664

182,354,417.77

15.53

356

42.31

7.109

640

77.50

300,000.01 - 350,000.00

393

127,066,573.48

10.82

354

41.94

7.092

645

78.59

350,000.01 - 400,000.00

78

28,221,688.73

2.40

357

44.58

7.087

657

79.03

400,000.01 - 450,000.00

25

10,656,487.08

0.91

359

44.83

7.187

677

76.06

450,000.01 - 500,000.00

7

3,391,046.96

0.29

359

39.83

6.528

704

75.73

500,000.01 - 550,000.00

3

1,568,497.03

0.13

358

50.01

6.499

703

72.88

550,000.01 - 600,000.00

1

594,599.95

0.05

359

54.00

7.990

598

85.00

600,000.01 - 650,000.00

1

619,999.99

0.05

359

44.00

6.350

640

80.00

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

Remaining Term to Maturity

RANGE OF MONTHS REMAINING

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF
THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME
(%)

GROSS COUPON
(%)

FICO

OLTV
(%)

61 - 120

13

1,152,542.05

0.10

119

42.61

8.327

594

69.11

121 - 180

299

38,145,406.85

3.25

179

38.96

6.695

692

74.80

181 - 240

63

8,866,697.47

0.76

239

39.43

7.422

652

74.35

241 - 300

11

2,655,256.17

0.23

299

43.96

6.253

691

73.46

301 - 360

6,856

1,123,249,063.19

95.67

359

41.43

7.664

623

77.04

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

Mortgage Rates

RANGE OF CURRENT

MORTGAGE RATES

(%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

418

89,374,422.99

7.61

328

40.38

5.855

717

72.36

6.000 - 6.499

759

150,220,971.46

12.79

344

40.04

6.265

691

76.62

6.500 - 6.999

1,410

263,489,130.59

22.44

355

40.98

6.750

659

79.11

7.000 - 7.499

652

115,496,460.19

9.84

356

40.84

7.261

619

78.06

7.500 - 7.999

1,092

176,981,765.93

15.07

356

41.64

7.771

599

76.35

8.000 - 8.499

494

72,639,615.69

6.19

357

42.07

8.252

580

75.81

8.500 - 8.999

874

123,845,294.79

10.55

356

42.01

8.756

572

76.26

9.000 - 9.499

367

46,863,800.57

3.99

353

41.71

9.246

567

76.25

9.500 - 9.999

612

72,062,324.36

6.14

354

43.17

9.776

566

77.42

10.000 - 10.499

235

27,796,701.36

2.37

356

43.32

10.204

562

78.23

10.500 - 10.999

178

18,258,838.69

1.56

354

41.35

10.737

556

76.52

11.000 - 11.499

69

7,750,138.66

0.66

354

45.37

11.250

551

74.49

11.500 - 11.999

70

7,450,483.37

0.63

352

42.61

11.732

546

77.33

12.000 - 12.499

9

1,327,236.06

0.11

359

44.96

12.194

556

81.99

12.500 - 12.999

3

511,781.02

0.04

338

42.33

12.802

610

77.71

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

Original Loan-to-Value Ratios(1)

RANGE OF ORIGINAL

LOAN-TO-VALUE

RATIOS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV (1)

(%)

0.01 - 25.00

40

4,341,218.47

0.37

356

36.68

7.625

618

19.83

25.01 - 30.00

44

4,386,866.08

0.37

339

40.40

7.960

605

27.32

30.01 - 35.00

28

3,072,637.84

0.26

355

38.16

7.870

602

32.71

35.01 - 40.00

77

9,514,270.67

0.81

346

40.67

7.682

614

37.92

40.01 - 45.00

109

14,962,804.44

1.27

344

39.51

7.594

613

42.82

45.01 - 50.00

136

22,121,749.25

1.88

349

41.11

7.658

602

47.73

50.01 - 55.00

202

29,767,842.46

2.54

352

42.35

7.573

609

52.80

55.01 - 60.00

352

53,025,928.58

4.52

352

40.82

7.942

588

58.16

60.01 - 65.00

345

56,226,505.86

4.79

347

40.93

7.375

620

62.93

65.01 - 70.00

445

75,253,722.28

6.41

353

41.71

7.394

621

67.76

70.01 - 75.00

1,060

164,280,670.40

13.99

352

41.51

7.932

593

73.60

75.01 - 80.00

1,226

201,456,879.96

17.16

350

41.16

7.359

631

78.68

80.01 - 85.00

1,151

198,757,268.90

16.93

354

41.72

7.859

620

83.67

85.01 - 90.00

1,920

326,876,661.29

27.84

353

41.30

7.533

652

89.16

90.01 - 95.00

38

7,708,364.49

0.66

359

43.30

7.327

708

93.70

95.01 - 100.00

69

2,315,574.76

0.20

359

43.03

9.911

669

99.92

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

FICO Score at Origination

RANGE OF FICO SCORES

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

500 - 519

432

58,197,309.82

4.96

354

42.80

9.006

509

65.25

520 - 539

631

93,081,966.98

7.93

355

42.53

9.028

529

71.88

540 - 559

715

105,777,539.45

9.01

356

42.66

8.564

551

74.27

560 - 579

756

113,929,527.08

9.70

356

41.70

8.250

569

74.96

580 - 599

720

109,524,928.98

9.33

357

41.34

8.073

590

77.23

600 - 619

667

102,356,707.54

8.72

354

40.81

7.824

609

77.85

620 - 639

672

109,339,135.86

9.31

356

40.39

7.558

629

79.62

640 - 659

587

103,891,789.53

8.85

357

41.15

7.178

649

81.27

660 - 679

431

80,731,117.60

6.88

355

41.67

6.916

669

80.42

680 - 699

465

82,920,893.56

7.06

346

41.25

6.733

689

80.72

700 - 719

346

67,374,573.52

5.74

342

41.34

6.522

710

78.92

720 - 739

326

58,641,365.12

4.99

336

40.58

6.338

729

79.09

740 - 759

224

40,343,408.25

3.44

335

39.97

6.420

749

78.04

760 - 779

159

28,797,183.22

2.45

339

39.01

6.313

769

74.63

780 - 799

78

13,819,420.84

1.18

338

38.76

6.208

788

75.74

800 - 819

33

5,342,098.38

0.46

323

40.13

6.301

808

71.34

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

Debt-to-Income Ratio

RANGE OF DEBT-TO-INCOME RATIOS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

0.01 - 20.00

267

36,124,168.04

3.08

346

15.49

7.542

623

72.74

20.01 - 25.00

324

47,074,513.74

4.01

348

23.31

7.574

630

76.04

25.01 - 30.00

550

82,414,771.34

7.02

351

28.18

7.482

631

76.61

30.01 - 35.00

777

119,968,058.35

10.22

349

33.09

7.468

634

76.73

35.01 - 40.00

1,016

162,491,546.12

13.84

353

38.09

7.566

628

77.23

40.01 - 45.00

1,407

228,758,945.13

19.48

352

43.19

7.577

631

76.91

45.01 - 50.00

2,284

396,801,059.84

33.80

352

48.29

7.559

631

78.67

50.01 - 55.00

617

100,435,903.17

8.55

356

53.41

8.482

572

72.08

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

Geographic Distribution

STATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Florida

880

137,508,903.35

11.71

355

41.72

7.507

609

77.27

California

592

134,543,057.28

11.46

357

41.50

6.784

634

70.34

New York

525

114,611,945.19

9.76

348

42.40

7.393

643

72.97

New Jersey

445

92,577,777.52

7.89

354

43.04

7.890

630

74.61

Maryland

402

72,578,536.97

6.18

351

40.98

7.394

628

76.84

Illinois

329

50,344,700.55

4.29

352

42.40

8.795

614

78.83

Pennsylvania

355

49,436,644.27

4.21

351

40.18

7.536

618

79.73

Texas

450

47,627,183.41

4.06

339

41.09

8.332

613

76.51

Arizona

262

43,046,921.53

3.67

357

39.49

7.269

623

77.28

Michigan

337

39,375,447.05

3.35

353

41.15

7.950

610

81.68

Massachusetts

188

38,980,586.74

3.32

356

42.50

7.666

628

75.42

Washington

172

33,488,150.68

2.85

355

39.78

7.262

639

81.95

Georgia

247

32,200,316.24

2.74

344

39.93

8.378

627

80.87

Connecticut

121

21,089,524.82

1.80

347

41.89

7.551

629

76.22

Indiana

175

20,892,980.83

1.78

352

40.06

7.930

639

84.55

Wisconsin

138

18,281,168.48

1.56

354

41.51

8.401

602

79.45

Nevada

78

15,925,595.85

1.36

356

41.42

7.144

631

77.96

Rhode Island

72

15,176,143.59

1.29

353

43.38

7.081

622

74.73

Tennessee

142

15,172,308.11

1.29

337

41.31

8.120

616

83.17

Minnesota

87

14,854,243.11

1.27

355

41.79

7.467

647

82.19

North Carolina

120

14,842,613.78

1.26

352

40.44

8.375

632

82.00

New Hampshire

82

13,854,311.59

1.18

356

41.36

7.650

616

74.41

Hawaii

43

13,542,951.29

1.15

356

41.63

6.782

671

73.50

Colorado

75

11,936,065.97

1.02

350

40.15

7.332

643

80.61

Alabama

111

11,765,540.76

1.00

344

38.27

8.825

599

82.18

South Carolina

98

11,720,917.89

1.00

346

40.94

8.627

616

80.18

Missouri

106

11,693,894.62

1.00

348

40.04

7.826

615

80.45

Oregon

58

8,916,430.87

0.76

352

42.72

7.412

647

81.77

Delaware

54

8,225,603.19

0.70

335

40.75

7.564

611

80.95

Oklahoma

71

6,478,592.33

0.55

349

36.80

8.118

605

81.03

Kentucky

54

6,179,299.46

0.53

356

40.33

8.106

617

83.20

Iowa

54

6,017,692.23

0.51

348

39.65

7.860

631

85.41

Maine

44

5,768,865.28

0.49

359

40.23

8.181

619

77.85

Utah

35

5,387,962.89

0.46

355

40.24

7.579

622

84.74

Kansas

44

5,028,192.12

0.43

344

37.96

7.919

640

83.61

Arkansas

43

4,548,260.66

0.39

343

37.83

8.558

622

84.23

Mississippi

28

3,143,946.19

0.27

340

39.46

8.699

596

81.59

District of Columbia

15

2,922,610.29

0.25

359

40.07

7.288

604

68.89

Louisiana

28

2,771,145.43

0.24

331

39.09

7.638

639

78.79

New Mexico

13

1,955,146.35

0.17

345

42.71

7.610

625

79.01

Ohio

18

1,954,160.81

0.17

356

40.59

7.575

633

78.68

Vermont

10

1,862,483.15

0.16

359

41.42

7.989

638

79.03

Wyoming

12

1,407,716.96

0.12

359

37.28

8.800

617

84.19

Alaska

8

1,357,749.30

0.12

341

43.80

7.773

628

74.23

Idaho

9

1,347,440.33

0.11

359

39.37

8.316

594

84.58

Montana

5

910,879.41

0.08

359

38.72

7.506

636

81.86

South Dakota

5

604,330.06

0.05

359

36.07

7.111

655

88.54

North Dakota

2

212,026.95

0.02

359

29.39

7.125

634

79.13

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

Occupancy Status

OCCUPANCY

STATUS*

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Owner Occupied

6,931

1,132,425,235.39

96.45

352

41.39

7.623

624

76.97

Non-Owner Occupied

243

31,473,809.45

2.68

349

39.95

7.833

660

76.52

Second Home

68

10,169,920.89

0.87

350

41.21

7.562

668

74.22

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

*Based on mortgagor representation at origination.

 

 

Documentation Type

INCOME DOCUMENTATION

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Full Documentation

5,299

868,709,057.04

73.99

352

41.20

7.468

629

77.57

Limited Documentation

1,235

190,673,570.31

16.24

352

41.29

8.006

612

77.63

Stated Documentation

708

114,686,338.38

9.77

353

42.52

8.206

626

71.00

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

Loan Purpose

PURPOSE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Refinance-Debt Consolidation Cash Out**

6,790

1,117,590,242.48

95.19

352

41.34

7.638

624

76.77

Refinance-Debt Consolidation No Cash Out***

264

37,996,680.21

3.24

347

41.26

7.259

665

78.62

Purchase

188

18,482,043.04

1.57

356

41.82

7.766

649

83.71

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

** Cash proceeds to the borrower inclusive of debt consolidation payments exceed 2% or $2,000 of the original principal balance of the related loan. Also includes all home equity loans originated in Texas with any cash proceeds.

 

*** Cash proceeds to the borrower inclusive of debt consolidation payments do not exceed 2% or $2,000 of the original principal balance of the related loan. Excludes home equity loans originated in Texas with any cash proceeds.

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

Credit Grade

RISK CATEGORY

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

8A

1,007

183,360,394.81

15.62

337

40.27

6.338

743

77.76

7A

584

107,422,894.55

9.15

345

41.20

6.683

693

80.41

6A

382

72,186,811.64

6.15

354

41.68

6.847

669

80.58

5A

479

87,220,098.52

7.43

357

41.60

7.037

649

82.16

4A

517

85,849,901.10

7.31

355

40.45

7.395

633

80.02

3A

505

79,919,328.53

6.81

355

40.95

7.654

615

79.11

2A

709

110,398,845.61

9.40

357

40.32

7.783

605

78.53

A

1,167

178,268,070.37

15.18

356

41.32

8.118

572

76.62

B

1,011

148,977,837.25

12.69

356

43.27

8.929

551

73.99

C

720

99,404,230.16

8.47

354

42.55

8.946

539

67.77

D

161

21,060,553.19

1.79

357

40.62

9.252

525

55.53

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

Property Type

PROPERTY TYPE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Single Family Detached

6,236

988,900,078.32

84.23

351

41.13

7.628

625

77.21

Two-to Four-Family Detached

297

69,277,910.55

5.90

352

43.88

7.592

652

70.78

PUD Detached

315

55,884,218.60

4.76

354

41.93

7.673

608

78.00

Condominium

277

44,649,524.66

3.80

356

41.41

7.609

628

78.51

Single Family Attached

85

10,832,172.94

0.92

355

42.17

7.720

611

79.70

PUD Attached

18

2,765,651.46

0.24

349

41.20

7.500

678

78.64

Manufactured Housing

14

1,759,409.20

0.15

330

41.11

7.691

649

69.20

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

                                                                                                                                                                                  

 

 

Prepayment Charge Term

PREPAYMENT CHARGE

TERM AT ORIGINATION

(MONTHS)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

No Prepayment Penalty

3,216

510,640,236.02

43.49

352

41.81

8.086

619

76.29

12 Months

306

68,569,475.78

5.84

341

41.75

6.539

686

74.50

24 Months

10

1,051,257.05

0.09

359

41.99

7.986

674

81.70

30 Months

23

4,747,074.18

0.40

359

42.53

7.602

657

85.66

36 Months

3,687

589,060,922.70

50.17

353

40.89

7.357

624

77.70

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

Conforming Balances

CONFORMING BALANCE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Conforming

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 

 



 


Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

Maximum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MAXIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

11.500 - 11.999

163

34,631,142.56

3.83

357

40.12

5.878

696

74.00

12.000 - 12.499

364

74,433,221.34

8.24

358

39.39

6.285

661

75.12

12.500 - 12.999

953

179,174,872.49

19.83

358

40.39

6.775

637

77.99

13.000 - 13.499

554

96,231,048.73

10.65

357

40.58

7.266

609

77.79

13.500 - 13.999

1,001

163,534,065.86

18.10

358

41.67

7.776

594

76.12

14.000 - 14.499

467

69,166,492.44

7.65

358

42.26

8.250

578

75.99

14.500 - 14.999

835

119,527,242.72

13.23

357

42.12

8.754

571

76.35

15.000 - 15.499

345

44,491,894.61

4.92

356

41.65

9.247

567

76.72

15.500 - 15.999

496

64,086,532.26

7.09

357

43.03

9.766

564

77.58

16.000 - 16.499

211

25,277,134.86

2.80

357

42.97

10.199

564

78.49

16.500 - 16.999

164

16,854,308.93

1.87

357

41.67

10.735

556

76.76

17.000 - 17.499

65

7,443,809.70

0.82

358

45.77

11.251

551

74.87

17.500 - 17.999

64

7,022,875.76

0.78

353

42.12

11.729

546

77.43

18.000 - 18.499

9

1,327,236.06

0.15

359

44.96

12.194

556

81.99

18.500 - 18.999

3

511,781.02

0.06

338

42.33

12.802

610

77.71

Total:

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

 

 

 

Minimum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MINIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

163

34,631,142.56

3.83

357

40.12

5.878

696

74.00

6.000 - 6.499

364

74,433,221.34

8.24

358

39.39

6.285

661

75.12

6.500 - 6.999

953

179,174,872.49

19.83

358

40.39

6.775

637

77.99

7.000 - 7.499

554

96,231,048.73

10.65

357

40.58

7.266

609

77.79

7.500 - 7.999

1,001

163,534,065.86

18.10

358

41.67

7.776

594

76.12

8.000 - 8.499

467

69,166,492.44

7.65

358

42.26

8.250

578

75.99

8.500 - 8.999

835

119,527,242.72

13.23

357

42.12

8.754

571

76.35

9.000 - 9.499

345

44,491,894.61

4.92

356

41.65

9.247

567

76.72

9.500 - 9.999

496

64,086,532.26

7.09

357

43.03

9.766

564

77.58

10.000 - 10.499

211

25,277,134.86

2.80

357

42.97

10.199

564

78.49

10.500 - 10.999

164

16,854,308.93

1.87

357

41.67

10.735

556

76.76

11.000 - 11.499

65

7,443,809.70

0.82

358

45.77

11.251

551

74.87

11.500 - 11.999

64

7,022,875.76

0.78

353

42.12

11.729

546

77.43

12.000 - 12.499

9

1,327,236.06

0.15

359

44.96

12.194

556

81.99

12.500 - 12.999

3

511,781.02

0.06

338

42.33

12.802

610

77.71

Total:

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

 

 

Gross Margins of the Adjustable-Rate Loans

RANGE OF GROSS

MARGINS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.750 - 2.999

350

59,836,745.71

6.62

359

38.91

6.571

722

80.09

3.000 - 3.249

16

3,310,161.35

0.37

357

34.73

6.594

595

75.76

3.250 - 3.499

4

752,990.14

0.08

358

44.56

7.803

619

83.94

3.500 - 3.749

1

180,000.00

0.02

356

43.00

6.200

629

83.37

3.750 - 3.999

9

1,797,971.96

0.20

359

42.91

7.536

623

85.81

4.000 - 4.249

14

2,531,392.46

0.28

359

42.33

9.088

570

82.18

4.250 - 4.499

225

33,690,011.85

3.73

357

43.27

9.372

590

79.07

4.500 - 4.749

2

455,481.04

0.05

359

33.00

6.445

696

82.18

4.750 - 4.999

79

16,304,593.81

1.80

359

41.15

6.648

741

81.07

5.000 - 5.249

116

24,542,775.14

2.72

359

42.22

6.827

688

80.07

5.250 - 5.499

261

48,060,582.60

5.32

358

40.60

6.834

668

81.02

5.500 - 5.749

365

64,826,212.37

7.17

358

41.08

7.066

647

82.74

5.750 - 5.999

471

78,393,748.58

8.67

357

40.43

7.334

632

79.71

6.000 - 6.249

1,108

175,692,435.05

19.44

358

40.62

7.687

606

78.67

6.250 - 6.499

1,050

160,203,644.43

17.73

357

41.60

8.093

570

76.35

6.500 - 6.749

888

131,753,452.76

14.58

357

42.99

8.865

549

73.43

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

6.750 - 6.999

735

101,381,460.09

11.22

356

41.99

8.961

536

65.60

Total:

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE GROUP I COLLATERAL

 

 

Next Rate Adjustment Date of the Adjustable-Rate Loans

NEXT RATE ADJUSTMENT

DATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

May 2007

2

486,480.24

0.05

354

48.43

7.030

600

87.10

June 2007

1

174,416.87

0.02

355

49.00

8.100

500

67.31

July 2007

41

6,566,979.98

0.73

354

43.02

8.569

581

77.71

August 2007

145

22,318,844.99

2.47

356

42.47

7.902

584

73.55

September 2007

72

12,112,308.11

1.34

356

43.68

8.108

604

79.01

October 2007

3,898

618,233,528.07

68.41

357

41.92

8.120

592

76.38

November 2007

9

1,027,930.00

0.11

360

35.99

7.886

640

79.72

July 2008

15

2,138,000.23

0.24

356

42.90

6.332

687

78.23

August 2008

33

4,530,806.02

0.50

357

39.88

7.558

608

74.92

September 2008

27

4,774,760.66

0.53

358

37.55

7.342

639

78.21

October 2008

1,307

207,579,037.71

22.97

358

39.71

7.400

626

77.57

November 2008

4

654,076.00

0.07

360

40.20

7.144

663

87.56

June 2010

1

418,591.00

0.05

355

42.00

6.250

704

88.12

July 2010

6

852,966.52

0.09

356

40.58

6.331

723

82.83

August 2010

4

513,449.36

0.06

357

38.04

6.824

689

84.18

September 2010

1

219,600.00

0.02

358

43.00

6.990

713

89.63

October 2010

128

21,111,883.58

2.34

359

38.03

6.507

730

79.76

Total:

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

 

 

Initial Periodic Rate Cap of the Adjustable-Rate Loans

INITIAL PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.000

5,554

880,597,168.88

97.44

357

41.41

7.935

600

76.66

6.000

140

23,116,490.46

2.56

359

38.24

6.508

728

80.22

Total:

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

 

 

Periodic Rate Cap of the Adjustable-Rate Loans

PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

1.000

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

Total:

5,694

903,713,659.34

100.00

357

41.33

7.899

604

76.75

 

 

Insured AVM

INSURED AVM

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Non-Insured AVM

4,948

786,753,921.52

67.01

354

41.88

7.929

610

77.47

Insured AVM

2,294

387,315,044.21

32.99

348

40.25

7.016

658

75.84

Total:

7,242

1,174,068,965.73

100.00

352

41.35

7.628

626

76.93

 

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

Collateral Summary

Statistics given below are for the Mortgage Loans in the pool as of the Cut-off Date. Balances and percentages are based on the Cut-off Date scheduled balances of such Mortgage Loans (except in the case of Debt-to-Income and FICO, which are determined at origination).

 

 

Summary Statistics

Range (if applicable)

 

 

 

Number of Mortgage Loans

1,216

 

 

 

 

Aggregate Current Principal Balance

$382,356,543.18

 

 

 

 

Average Current Principal Balance

$314,437.95

$21,190.60 to $999,177.68

Aggregate Original Principal Balance

$382,590,293.00

 

 

 

 

Average Original Principal Balance

$314,630.18

$21,200.00 to $999,999.00

Fully Amortizing Mortgage Loans

100.00%

 

 

 

 

1st Lien

98.18%

 

 

 

 

Weighted Avg. Gross Coupon

7.247%

5.500% to 12.350%

 

 

 

Weighted Avg. Original Term (months)

357

120 to 360

Weighted Avg. Remaining Term (months)

356

119 to 360

 

 

 

Weighted Avg. Margin(ARM Loans Only)

5.525%

2.750% to 6.750%

 

 

 

Weighted Avg. Maximum Rate (ARM Loans Only)

13.431%

11.500% to 18.350%

 

 

 

Weighted Avg. Minimum Rate (ARM Loans Only)

7.431%

5.500% to 12.350%

 

 

 

Weighted Avg. Original LTV (1)

80.48%

16.33% to 100.00%

 

 

 

Weighted Avg. Borrower FICO

650

501 to 809

 

 

 

Geographic Distribution (Top 5)

CA

34.96%

 

 

NY

12.74%

 

 

FL

7.88%

 

 

NJ

7.44%

 

 

MD

5.80%

 

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

 

Collateral Type

COLLATERAL TYPE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

2 YR/6MO LIB

399

125,869,196.07

32.92

358

42.30

7.910

597

78.85

2 YR/6MO LIB - 5YR IO

147

63,570,187.63

16.63

359

41.71

7.135

665

81.66

3 YR/6MO LIB

133

36,551,460.76

9.56

357

42.04

7.320

612

78.22

3 YR/6MO LIB - 5YR IO

93

37,049,573.40

9.69

359

41.78

6.571

686

82.67

5 YR/6MO LIB

8

2,203,777.25

0.58

359

42.47

6.526

718

75.25

5 YR/6MO LIB - 5YR IO

14

4,980,149.95

1.30

359

36.16

6.725

726

85.83

FIXED RATE

327

74,518,495.11

19.49

346

42.69

6.782

696

81.64

FIXED RATE - 5YR IO

95

37,613,703.01

9.84

359

40.79

6.842

693

81.29

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

 

Principal Balances at Origination

RANGE OF

PRINCIPAL BALANCES

AT ORIGINATION ($)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF

ORIGINATION ($)

% OF PRINCIPAL

BALANCE
AS OF

ORIGINATION

REMAINING

TERM TO

MATURITY

(months)*

DEBT-TO-INCOME (%)*

GROSS COUPON (%)*

FICO*

OLTV

(%)*

0.01 - 25,000.00

13

300,060.00

0.08

331

34.13

9.990

647

100.00

25,000.01 - 50,000.00

55

2,008,695.00

0.53

357

40.77

9.990

658

99.99

50,000.01 - 100,000.00

175

13,289,406.00

3.47

340

39.26

8.884

623

79.71

100,000.01 - 150,000.00

124

15,300,706.00

4.00

352

40.22

7.944

628

81.16

150,000.01 - 200,000.00

67

11,841,697.00

3.10

353

42.01

7.521

635

79.13

200,000.01 - 250,000.00

52

11,541,446.00

3.02

359

42.47

7.244

655

81.39

250,000.01 - 300,000.00

38

10,359,936.00

2.71

354

42.14

6.939

647

78.69

300,000.01 - 350,000.00

34

11,029,438.00

2.88

346

42.05

7.162

644

82.94

350,000.01 - 400,000.00

206

77,657,320.00

20.30

356

42.80

7.051

649

79.74

400,000.01 - 450,000.00

149

63,491,484.00

16.60

358

43.36

7.089

647

80.81

450,000.01 - 500,000.00

139

66,167,692.00

17.29

359

42.85

7.080

654

81.03

500,000.01 - 550,000.00

54

28,461,507.00

7.44

355

41.65

7.292

660

81.52

550,000.01 - 600,000.00

52

30,337,134.00

7.93

359

40.23

7.149

660

81.67

600,000.01 - 650,000.00

16

9,955,250.00

2.60

359

40.70

7.059

681

80.06

650,000.01 - 700,000.00

18

12,072,075.00

3.16

359

40.07

7.346

620

78.63

700,000.01 - 750,000.00

13

9,411,949.00

2.46

359

41.78

7.178

647

77.86

750,000.01 - 800,000.00

5

3,860,000.00

1.01

322

37.09

6.892

683

78.26

800,000.01 - 850,000.00

2

1,684,499.00

0.44

359

32.30

7.914

642

74.08

900,000.01 - 950,000.00

3

2,820,000.00

0.74

359

43.73

7.879

685

69.99

950,000.01 - 1,000,000.00

1

999,999.00

0.26

359

21.00

6.990

612

66.67

Total:

1,216

382,590,293.00

100.00

356

41.98

7.246

650

80.48

 

*Based on the original balances of the Mortgage Loans.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

 

Principal Balance as of the Cut-Off Date

RANGE OF PRINCIPAL BALANCES AS OF THE

CUT-OFF DATE ($)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME
(%)

GROSS COUPON
(%)

FICO

OLTV

(%)

0.01 - 25,000.00

13

299,824.68

0.08

331

34.13

9.990

647

100.00

25,000.01 - 50,000.00

55

2,007,657.91

0.53

357

40.77

9.990

658

99.99

50,000.01 - 100,000.00

175

13,274,988.16

3.47

340

39.26

8.885

623

79.71

100,000.01 - 150,000.00

124

15,288,851.75

4.00

352

40.22

7.945

628

81.16

150,000.01 - 200,000.00

67

11,833,714.73

3.09

353

42.01

7.521

635

79.13

200,000.01 - 250,000.00

52

11,534,800.26

3.02

359

42.47

7.244

655

81.39

250,000.01 - 300,000.00

38

10,353,851.27

2.71

354

42.14

6.939

647

78.69

300,000.01 - 350,000.00

34

11,021,523.87

2.88

346

42.05

7.162

644

82.94

350,000.01 - 400,000.00

206

77,609,235.46

20.30

356

42.80

7.051

649

79.74

400,000.01 - 450,000.00

151

64,347,987.12

16.83

358

43.44

7.084

647

80.88

450,000.01 - 500,000.00

137

65,227,106.85

17.06

359

42.77

7.085

654

80.96

500,000.01 - 550,000.00

54

28,448,357.34

7.44

356

41.66

7.292

660

81.52

550,000.01 - 600,000.00

52

30,325,016.50

7.93

359

40.23

7.148

660

81.67

600,000.01 - 650,000.00

17

10,601,665.24

2.77

359

40.16

7.177

671

80.33

650,000.01 - 700,000.00

17

11,416,886.55

2.99

359

40.53

7.253

626

78.30

700,000.01 - 750,000.00

13

9,407,797.60

2.46

359

41.78

7.178

647

77.86

750,000.01 - 800,000.00

5

3,855,418.96

1.01

322

37.08

6.892

683

78.26

800,000.01 - 850,000.00

2

1,683,299.81

0.44

359

32.30

7.915

642

74.08

900,000.01 - 950,000.00

3

2,819,381.44

0.74

359

43.73

7.879

685

69.99

950,000.01 - 1,000,000.00

1

999,177.68

0.26

359

21.00

6.990

612

66.67

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

Remaining Term to Maturity

RANGE OF MONTHS REMAINING

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF
THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME
(%)

GROSS COUPON
(%)

FICO

OLTV
(%)

61 - 120

2

135,375.63

0.04

119

39.62

9.796

608

63.56

121 - 180

32

5,537,012.40

1.45

179

39.88

6.516

700

74.80

181 - 240

4

962,463.70

0.25

239

35.11

6.695

693

72.18

241 - 300

1

338,487.81

0.09

299

35.00

5.700

716

61.64

301 - 360

1,177

375,383,203.64

98.18

359

42.03

7.259

649

80.61

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

Mortgage Rates

RANGE OF CURRENT

MORTGAGE RATES

(%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

108

41,487,947.78

10.85

347

41.93

5.853

716

75.77

6.000 - 6.499

161

59,539,918.60

15.57

353

41.50

6.275

687

79.96

6.500 - 6.999

279

109,018,195.69

28.51

358

41.63

6.748

661

82.10

7.000 - 7.499

134

48,253,102.57

12.62

356

41.61

7.237

632

81.51

7.500 - 7.999

146

50,079,847.67

13.10

358

42.31

7.720

617

80.47

8.000 - 8.499

68

21,660,600.25

5.67

359

45.02

8.244

610

79.37

8.500 - 8.999

73

17,561,387.84

4.59

357

41.86

8.736

576

76.66

9.000 - 9.499

26

5,860,941.03

1.53

356

39.21

9.294

583

77.09

9.500 - 9.999

172

18,003,021.63

4.71

357

42.93

9.826

622

87.92

10.000 - 10.499

16

3,087,739.43

0.81

359

45.58

10.226

562

77.54

10.500 - 10.999

17

3,650,975.25

0.95

352

39.92

10.790

605

80.97

11.000 - 11.499

6

2,113,614.10

0.55

358

36.91

11.370

560

78.04

11.500 - 11.999

6

510,480.79

0.13

359

39.63

11.557

529

69.99

12.000 - 12.499

4

1,528,770.55

0.40

359

49.50

12.191

586

77.31

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

Original Loan-to-Value Ratios(1)

RANGE OF ORIGINAL

LOAN-TO-VALUE

RATIOS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV (1)

(%)

0.01 - 25.00

2

136,065.06

0.04

272

38.28

8.155

646

17.14

25.01 - 30.00

1

174,500.00

0.05

359

29.00

5.990

783

27.70

30.01 - 35.00

4

688,904.59

0.18

251

41.26

7.007

697

33.09

35.01 - 40.00

6

528,344.63

0.14

358

44.84

8.928

579

38.59

40.01 - 45.00

8

1,655,933.33

0.43

352

39.82

7.431

618

43.20

45.01 - 50.00

8

2,021,415.70

0.53

343

47.72

7.417

664

48.44

50.01 - 55.00

18

6,162,538.00

1.61

359

38.36

7.572

630

53.58

55.01 - 60.00

21

7,074,656.56

1.85

357

41.48

7.139

607

57.80

60.01 - 65.00

41

11,875,645.21

3.11

343

41.52

6.755

643

62.90

65.01 - 70.00

50

17,899,887.22

4.68

357

42.98

7.436

630

68.12

70.01 - 75.00

132

48,071,033.25

12.57

358

42.33

7.578

614

73.35

75.01 - 80.00

278

86,927,863.86

22.73

354

40.68

6.913

660

79.04

80.01 - 85.00

177

67,688,925.09

17.70

357

41.67

7.215

643

83.63

85.01 - 90.00

344

124,478,038.96

32.56

357

43.08

7.216

665

89.12

90.01 - 95.00

2

129,839.84

0.03

287

36.61

9.990

677

93.78

95.01 - 100.00

124

6,842,951.88

1.79

357

40.02

9.964

670

100.00

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

FICO Score at Origination

RANGE OF FICO SCORES

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

500 - 519

32

7,518,165.27

1.97

357

42.65

8.666

513

68.05

520 - 539

49

13,370,703.44

3.50

358

45.35

8.662

529

72.84

540 - 559

56

14,902,974.92

3.90

359

42.95

8.462

551

76.59

560 - 579

67

19,343,662.54

5.06

358

44.45

7.847

568

78.41

580 - 599

100

30,547,228.81

7.99

357

43.44

7.747

590

78.05

600 - 619

128

31,922,195.24

8.35

356

42.84

7.911

609

80.04

620 - 639

141

42,788,870.50

11.19

358

39.64

7.615

629

82.60

640 - 659

153

55,891,963.76

14.62

357

41.33

7.018

650

82.69

660 - 679

105

41,179,637.17

10.77

359

41.85

6.896

669

81.21

680 - 699

122

39,516,275.11

10.33

355

39.90

6.777

690

82.94

700 - 719

87

27,818,936.41

7.28

349

43.25

6.540

709

81.24

720 - 739

80

25,664,265.27

6.71

355

43.32

6.530

728

82.69

740 - 759

46

17,503,636.14

4.58

346

40.78

6.331

749

81.37

760 - 779

26

7,604,153.42

1.99

354

41.30

6.222

769

78.07

780 - 799

18

4,663,628.14

1.22

343

42.39

6.824

789

73.50

800 - 819

6

2,120,247.04

0.55

359

38.58

6.288

803

80.06

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

Debt-to-Income Ratio

 

RANGE OF DEBT-TO-INCOME RATIOS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

0.01 - 20.00

45

13,587,799.85

3.55

357

13.21

7.639

644

79.07

20.01 - 25.00

42

11,508,853.45

3.01

347

22.78

7.234

650

78.22

25.01 - 30.00

85

25,809,353.62

6.75

356

28.28

6.955

652

79.22

30.01 - 35.00

99

28,296,522.47

7.40

355

32.90

7.146

654

79.34

35.01 - 40.00

167

49,155,586.79

12.86

356

38.22

7.285

655

80.67

40.01 - 45.00

242

73,550,636.93

19.24

353

43.15

7.073

656

81.41

45.01 - 50.00

443

146,219,550.63

38.24

357

48.29

7.269

655

81.77

50.01 - 55.00

93

34,228,239.44

8.95

357

53.56

7.618

601

75.93

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

Geographic Distribution

STATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

California

309

133,690,606.97

34.96

358

42.02

6.934

658

78.34

New York

125

48,723,983.50

12.74

352

43.87

6.993

661

81.30

Florida

101

30,123,313.32

7.88

356

39.00

7.355

646

80.76

New Jersey

81

28,431,716.57

7.44

356

43.79

7.623

638

79.05

Maryland

55

22,169,544.56

5.80

356

43.78

7.367

639

82.80

Massachusetts

41

11,793,384.45

3.08

359

41.74

7.700

635

83.01

Pennsylvania

42

8,925,852.45

2.33

356

42.62

7.558

617

79.42

Arizona

32

8,070,213.85

2.11

359

41.34

7.254

634

80.92

Illinois

23

7,503,104.29

1.96

359

39.84

8.204

674

86.03

Texas

53

7,478,360.45

1.96

349

38.90

8.019

631

79.36

Washington

23

6,838,042.14

1.79

350

41.11

7.110

661

85.63

Georgia

27

6,476,425.18

1.69

359

36.61

7.983

630

80.79

Nevada

16

5,615,259.75

1.47

359

43.77

7.010

652

84.58

Minnesota

19

5,447,751.77

1.42

347

41.90

7.767

629

79.84

Connecticut

15

4,130,375.89

1.08

359

39.54

6.858

666

82.72

Colorado

8

3,754,503.58

0.98

359

36.48

7.465

642

86.44

Hawaii

8

3,652,729.07

0.96

358

43.23

6.850

690

83.86

Indiana

24

3,539,164.87

0.93

359

42.92

7.700

629

83.44

Wisconsin

12

3,152,440.34

0.82

359

44.49

7.610

633

84.45

Oregon

14

2,988,116.35

0.78

359

48.83

7.221

681

80.73

Michigan

14

2,828,980.07

0.74

359

42.32

7.257

638

83.10

Utah

7

2,332,718.33

0.61

319

44.17

6.778

700

83.69

South Carolina

11

2,276,990.77

0.60

351

41.19

7.538

638

82.79

Oklahoma

23

2,247,226.16

0.59

322

42.84

8.026

608

80.91

Tennessee

10

2,230,248.59

0.58

359

32.48

8.164

631

83.39

Missouri

19

2,031,221.40

0.53

342

40.93

7.535

639

85.23

Maine

12

1,541,330.57

0.40

359

43.54

7.985

581

77.01

Delaware

6

1,524,376.49

0.40

359

37.85

6.566

639

75.71

Rhode Island

5

1,522,083.18

0.40

359

48.24

6.960

626

79.96

North Carolina

13

1,423,804.32

0.37

353

42.97

9.076

600

83.53

Mississippi

11

1,106,033.39

0.29

344

36.84

8.279

625

81.55

District of Columbia

3

1,088,601.99

0.28

359

33.26

7.350

618

74.80

Alabama

10

1,073,494.29

0.28

359

41.33

8.877

592

83.04

Arkansas

5

923,428.36

0.24

359

45.45

7.409

660

84.92

New Hampshire

5

817,478.53

0.21

359

40.42

7.462

638

83.01

Vermont

2

794,727.73

0.21

359

44.33

6.990

629

87.47

Montana

2

759,505.60

0.20

358

46.00

6.060

670

72.45

Kentucky

8

704,070.46

0.18

337

38.39

8.744

564

78.85

Idaho

3

686,571.15

0.18

359

41.21

8.413

618

88.25

Kansas

7

659,635.36

0.17

299

31.40

7.318

667

85.44

Louisiana

6

627,937.58

0.16

358

35.46

6.997

662

82.26

New Mexico

1

358,850.44

0.09

358

44.00

6.750

681

90.00

Iowa

2

194,626.17

0.05

359

34.25

8.301

595

79.38

Ohio

3

97,712.90

0.03

358

41.00

9.990

629

99.74

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

Occupancy Status

OCCUPANCY

STATUS*

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Owner Occupied

1,195

376,988,827.47

98.60

356

42.19

7.238

649

80.59

Non-Owner Occupied

12

3,310,109.26

0.87

359

22.22

8.493

647

74.17

Second Home

9

2,057,606.45

0.54

318

34.88

6.768

722

70.51

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

*Based on mortgagor representation at origination.

 

 

Documentation Type

INCOME DOCUMENTATION

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Full Documentation

854

274,599,545.42

71.82

356

41.87

7.064

651

80.85

Limited Documentation

198

59,380,996.39

15.53

352

41.55

7.485

639

81.70

Stated Documentation

164

48,376,001.37

12.65

358

43.07

7.988

655

76.91

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

Loan Purpose

PURPOSE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Refinance-Debt Consolidation Cash Out**

917

332,079,108.82

86.85

356

42.24

7.217

647

80.07

Purchase

271

41,837,322.41

10.94

356

39.64

7.616

661

83.87

Refinance-Debt Consolidation No Cash Out***

28

8,440,111.95

2.21

343

43.33

6.591

701

80.04

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

** Cash proceeds to the borrower inclusive of debt consolidation payments exceed 2% or $2,000 of the original principal balance of the related loan. Also includes all home equity loans originated in Texas with any cash proceeds.

 

*** Cash proceeds to the borrower inclusive of debt consolidation payments do not exceed 2% or $2,000 of the original principal balance of the related loan. Excludes home equity loans originated in Texas with any cash proceeds.

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

Credit Grade

RISK CATEGORY

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

8A

216

70,861,750.17

18.53

350

42.19

6.450

741

81.27

7A

162

51,132,510.76

13.37

355

40.51

6.712

694

82.65

6A

102

40,303,960.35

10.54

359

41.98

6.860

669

81.35

5A

142

50,979,305.09

13.33

357

41.74

6.995

650

83.44

4A

132

39,776,183.85

10.40

357

39.74

7.574

632

82.95

3A

111

26,669,248.60

6.97

356

41.61

7.597

611

79.70

2A

97

32,104,687.06

8.40

357

43.75

7.648

604

79.10

A

113

34,912,987.03

9.13

359

41.83

7.886

574

79.45

B

79

21,481,944.90

5.62

358

46.76

8.696

548

73.70

C

55

12,239,292.61

3.20

355

43.81

8.931

543

68.22

D

7

1,894,672.76

0.50

359

38.20

8.709

530

51.91

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

Property Type

PROPERTY TYPE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Single Family Detached

1,039

326,912,973.65

85.50

356

42.01

7.269

647

80.32

PUD Detached

77

24,981,280.62

6.53

356

42.16

7.216

647

80.87

Condominium

64

17,287,475.10

4.52

359

40.77

7.144

669

82.55

Two-to Four-Family Detached

24

10,637,001.21

2.78

345

43.93

6.871

695

81.92

Single Family Attached

7

1,309,258.25

0.34

359

38.57

7.234

627

73.70

PUD Attached

2

672,500.00

0.18

359

35.12

6.675

712

88.86

Manufactured Housing

3

556,054.35

0.15

359

26.67

6.709

700

74.04

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

                                                                                                                                                                                  

 

Prepayment Charge Term

PREPAYMENT CHARGE

TERM AT ORIGINATION

(MONTHS)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

No Prepayment Penalty

600

167,961,707.58

43.93

357

41.44

7.766

641

80.96

12 Months

61

24,196,113.56

6.33

346

42.76

6.470

693

81.02

24 Months

3

1,730,680.24

0.45

358

39.75

7.464

628

80.45

30 Months

3

589,247.88

0.15

359

44.21

9.327

590

86.09

36 Months

549

187,878,793.92

49.14

356

42.36

6.873

652

79.97

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

Conforming Balances

CONFORMING BALANCE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Non-Conforming

678

305,370,360.69

79.87

357

42.13

7.161

652

80.55

Conforming

538

76,986,182.49

20.13

351

41.37

7.587

640

80.22

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

Maximum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MAXIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

11.500 - 11.999

51

21,157,265.46

7.83

356

41.59

5.882

699

79.33

12.000 - 12.499

74

27,343,943.59

10.12

358

42.10

6.286

671

80.17

12.500 - 12.999

193

76,370,425.57

28.26

359

41.33

6.764

648

80.95

13.000 - 13.499

112

40,108,162.93

14.84

358

40.75

7.242

627

81.22

13.500 - 13.999

119

41,268,557.05

15.27

358

42.42

7.722

606

79.87

14.000 - 14.499

63

20,537,825.65

7.60

359

44.82

8.248

609

79.26

14.500 - 14.999

70

16,725,761.90

6.19

357

42.16

8.746

572

76.76

15.000 - 15.499

25

5,785,281.60

2.14

359

39.29

9.295

582

77.24

15.500 - 15.999

43

10,365,972.56

3.84

359

44.70

9.710

591

80.41

16.000 - 16.499

16

3,087,739.43

1.14

359

45.58

10.226

562

77.54

16.500 - 16.999

15

3,531,392.87

1.31

359

39.56

10.793

606

81.62

17.000 - 17.499

5

2,053,634.14

0.76

358

36.38

11.372

562

78.13

17.500 - 17.999

4

359,611.76

0.13

359

39.51

11.570

527

75.02

18.000 - 18.499

4

1,528,770.55

0.57

359

49.50

12.191

586

77.31

Total:

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

 

 

 

Minimum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MINIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

51

21,157,265.46

7.83

356

41.59

5.882

699

79.33

6.000 - 6.499

74

27,343,943.59

10.12

358

42.10

6.286

671

80.17

6.500 - 6.999

193

76,370,425.57

28.26

359

41.33

6.764

648

80.95

7.000 - 7.499

112

40,108,162.93

14.84

358

40.75

7.242

627

81.22

7.500 - 7.999

119

41,268,557.05

15.27

358

42.42

7.722

606

79.87

8.000 - 8.499

63

20,537,825.65

7.60

359

44.82

8.248

609

79.26

8.500 - 8.999

70

16,725,761.90

6.19

357

42.16

8.746

572

76.76

9.000 - 9.499

25

5,785,281.60

2.14

359

39.29

9.295

582

77.24

9.500 - 9.999

43

10,365,972.56

3.84

359

44.70

9.710

591

80.41

10.000 - 10.499

16

3,087,739.43

1.14

359

45.58

10.226

562

77.54

10.500 - 10.999

15

3,531,392.87

1.31

359

39.56

10.793

606

81.62

11.000 - 11.499

5

2,053,634.14

0.76

358

36.38

11.372

562

78.13

11.500 - 11.999

4

359,611.76

0.13

359

39.51

11.570

527

75.02

12.000 - 12.499

4

1,528,770.55

0.57

359

49.50

12.191

586

77.31

Total:

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

 

 

Gross Margins of the Adjustable-Rate Loans

RANGE OF GROSS

MARGINS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.750 - 2.999

65

18,879,801.25

6.99

359

38.56

6.682

717

82.24

3.000 - 3.249

1

680,000.00

0.25

358

50.00

5.650

683

84.14

3.750 - 3.999

2

660,209.77

0.24

359

42.24

8.021

613

85.32

4.250 - 4.499

12

3,892,925.94

1.44

359

38.54

8.871

634

84.88

4.500 - 4.749

1

114,930.32

0.04

359

30.00

8.500

569

88.46

4.750 - 4.999

42

19,541,646.24

7.23

356

42.99

6.502

736

83.85

5.000 - 5.249

43

18,330,748.72

6.78

359

39.69

6.691

688

80.63

5.250 - 5.499

55

24,290,718.61

8.99

359

40.80

6.951

667

82.07

5.500 - 5.749

83

31,751,565.14

11.75

358

43.76

7.005

647

82.72

5.750 - 5.999

95

33,092,153.34

12.25

358

39.90

7.443

630

82.02

6.000 - 6.249

166

54,772,145.09

20.27

358

42.68

7.565

604

79.07

6.250 - 6.499

106

31,777,181.96

11.76

359

41.71

7.892

573

79.95

6.500 - 6.749

72

20,009,981.64

7.40

359

46.38

8.748

542

74.34

6.750 - 6.999

51

12,430,337.04

4.60

357

42.73

8.833

542

65.55

Total:

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE GROUP II COLLATERAL

 

 

Next Rate Adjustment Date of the Adjustable-Rate Loans

NEXT RATE ADJUSTMENT

DATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

May 2007

1

68,677.34

0.03

354

33.00

10.050

566

36.82

July 2007

2

950,665.76

0.35

356

48.53

9.304

609

77.73

August 2007

18

5,785,752.91

2.14

357

43.84

7.496

600

76.71

September 2007

20

8,499,503.01

3.15

358

42.65

7.320

646

78.98

October 2007

504

173,967,784.68

64.38

358

41.98

7.660

620

79.97

November 2007

1

167,000.00

0.06

360

53.00

7.990

516

74.22

July 2008

5

1,447,753.86

0.54

356

34.38

6.560

680

84.89

August 2008

3

456,174.30

0.17

357

42.11

6.723

711

78.64

September 2008

11

5,077,270.95

1.88

358

46.54

6.925

664

83.29

October 2008

207

66,619,835.05

24.65

358

41.72

6.955

647

80.16

October 2010

22

7,183,927.20

2.66

359

38.10

6.664

724

82.59

Total:

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

 

 

Initial Periodic Rate Cap of the Adjustable-Rate Loans

INITIAL PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.000

772

263,040,417.86

97.34

358

42.05

7.452

628

79.98

6.000

22

7,183,927.20

2.66

359

38.10

6.664

724

82.59

Total:

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

 

 

Periodic Rate Cap of the Adjustable-Rate Loans

PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

1.000

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

Total:

794

270,224,345.06

100.00

358

41.94

7.431

631

80.05

 

 

Insured AVM

INSURED AVM

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Non-Insured AVM

1,007

305,628,225.00

79.93

356

42.04

7.397

641

80.75

Insured AVM

209

76,728,318.18

20.07

355

41.73

6.648

683

79.42

Total:

1,216

382,356,543.18

100.00

356

41.98

7.247

650

80.48

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

Collateral Summary

Statistics given below are for the Mortgage Loans in the pool as of the Cut-off Date. Balances and percentages are based on the Cut-off Date scheduled balances of such Mortgage Loans (except in the case of Debt-to-Income and FICO, which are determined at origination).

 

 

Summary Statistics

Range (if applicable)

 

 

 

Number of Mortgage Loans

1,273

 

 

 

 

Aggregate Current Principal Balance

$333,267,307.29

 

 

 

 

Average Current Principal Balance

$261,796.78

$60,000.00 to $950,000.00

Aggregate Original Principal Balance

$333,271,924.61

 

 

 

 

Average Original Principal Balance

$261,800.41

$60,000.00 to $950,000.00

Fully Amortizing Mortgage Loans

100.00%

 

 

 

 

1st Lien

100.00%

 

 

 

 

Weighted Avg. Gross Coupon

6.896%

5.500% to 10.950%

 

 

 

Weighted Avg. Original Term (months)

360

360 to 360

Weighted Avg. Remaining Term (months)

359

354 to 360

 

 

 

Weighted Avg. Margin(ARM Loans Only)

4.853%

2.750% to 6.000%

 

 

 

Weighted Avg. Maximum Rate (ARM Loans Only)

12.914%

11.500% to 16.950%

 

 

 

Weighted Avg. Minimum Rate (ARM Loans Only)

6.914%

5.500% to 10.950%

 

 

 

Weighted Avg. Original LTV (1)

80.49%

8.37% to 95.00%

 

 

 

Weighted Avg. Borrower FICO

680

620 to 811

 

 

 

Geographic Distribution (Top 5)

CA

32.21%

 

 

FL

9.14%

 

 

NJ

8.38%

 

 

NY

7.02%

 

 

MD

5.40%

 

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

 

Collateral Type

COLLATERAL TYPE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

2 YR/6MO LIB - 5YR IO

497

135,715,923.00

40.72

359

41.96

7.140

661

81.37

3 YR/6MO LIB - 5YR IO

351

89,979,027.19

27.00

359

40.36

6.637

685

80.57

5 YR/6MO LIB - 5YR IO

85

18,413,192.23

5.53

359

37.63

6.606

727

81.48

FIXED RATE - 5YR IO

340

89,159,164.87

26.75

359

40.37

6.848

694

78.85

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

 

Principal Balances at Origination

RANGE OF

PRINCIPAL BALANCES

AT ORIGINATION ($)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF

ORIGINATION ($)

% OF PRINCIPAL

BALANCE
AS OF

ORIGINATION

REMAINING

TERM TO

MATURITY

(months)*

DEBT-TO-INCOME (%)*

GROSS COUPON (%)*

FICO*

OLTV

(%)*

50,000.01 - 100,000.00

89

7,411,095.00

2.22

359

37.14

7.477

675

72.95

100,000.01 - 150,000.00

201

25,173,657.61

7.55

359

38.00

7.046

683

77.93

150,000.01 - 200,000.00

232

40,575,355.00

12.17

359

40.12

7.036

677

79.86

200,000.01 - 250,000.00

183

41,077,974.00

12.33

359

40.71

6.915

685

79.64

250,000.01 - 300,000.00

166

45,655,795.00

13.70

359

41.78

6.692

674

80.17

300,000.01 - 350,000.00

110

35,528,020.00

10.66

359

41.11

6.802

680

81.12

350,000.01 - 400,000.00

93

34,793,583.00

10.44

359

42.11

6.927

681

81.82

400,000.01 - 450,000.00

52

22,324,662.00

6.70

359

41.58

6.840

679

82.25

450,000.01 - 500,000.00

59

28,043,400.00

8.41

359

41.23

6.794

686

82.37

500,000.01 - 550,000.00

31

16,376,335.00

4.91

359

44.46

6.893

685

82.66

550,000.01 - 600,000.00

28

16,406,849.00

4.92

359

39.43

6.780

687

82.10

600,000.01 - 650,000.00

12

7,529,750.00

2.26

359

40.91

6.817

689

79.93

650,000.01 - 700,000.00

8

5,396,000.00

1.62

359

38.04

7.020

647

82.18

700,000.01 - 750,000.00

6

4,319,449.00

1.30

359

42.91

7.170

669

80.02

750,000.01 - 800,000.00

1

760,000.00

0.23

359

10.00

7.100

685

77.95

900,000.01 - 950,000.00

2

1,900,000.00

0.57

359

46.50

7.825

673

65.15

Total:

1,273

333,271,924.61

100.00

359

40.87

6.896

680

80.49

 

*Based on the original balances of the Mortgage Loans.

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

 

Principal Balance as of the Cut-Off Date

RANGE OF PRINCIPAL BALANCES AS OF THE

CUT-OFF DATE ($)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME
(%)

GROSS COUPON
(%)

FICO

OLTV

(%)

50,000.01 - 100,000.00

89

7,410,082.86

2.22

359

37.14

7.477

675

72.95

100,000.01 - 150,000.00

201

25,173,045.98

7.55

359

38.00

7.046

683

77.93

150,000.01 - 200,000.00

232

40,574,409.75

12.17

359

40.12

7.036

677

79.86

200,000.01 - 250,000.00

183

41,076,723.60

12.33

359

40.71

6.915

685

79.64

250,000.01 - 300,000.00

166

45,655,570.97

13.70

359

41.78

6.692

674

80.17

300,000.01 - 350,000.00

110

35,527,944.53

10.66

359

41.11

6.802

680

81.12

350,000.01 - 400,000.00

93

34,793,582.81

10.44

359

42.11

6.927

681

81.82

400,000.01 - 450,000.00

52

22,324,418.90

6.70

359

41.58

6.840

679

82.25

450,000.01 - 500,000.00

59

28,043,399.86

8.41

359

41.23

6.794

686

82.37

500,000.01 - 550,000.00

31

16,376,334.97

4.91

359

44.46

6.893

685

82.66

550,000.01 - 600,000.00

28

16,406,749.94

4.92

359

39.43

6.780

687

82.10

600,000.01 - 650,000.00

12

7,529,594.17

2.26

359

40.91

6.817

689

79.93

650,000.01 - 700,000.00

8

5,395,999.97

1.62

359

38.04

7.020

647

82.18

700,000.01 - 750,000.00

6

4,319,448.98

1.30

359

42.91

7.170

669

80.02

750,000.01 - 800,000.00

1

760,000.00

0.23

359

10.00

7.100

685

77.95

900,000.01 - 950,000.00

2

1,900,000.00

0.57

359

46.50

7.825

673

65.15

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

Remaining Term to Maturity

RANGE OF MONTHS REMAINING

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE
AS OF
THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME
(%)

GROSS COUPON
(%)

FICO

OLTV
(%)

301 - 360

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

Mortgage Rates

RANGE OF CURRENT

MORTGAGE RATES

(%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

118

37,080,562.31

11.13

359

41.76

5.876

707

76.18

6.000 - 6.499

231

61,567,956.24

18.47

359

39.38

6.271

699

76.74

6.500 - 6.999

497

132,545,709.37

39.77

359

40.82

6.748

679

81.53

7.000 - 7.499

164

41,240,430.95

12.37

359

41.41

7.227

664

83.00

7.500 - 7.999

146

32,808,199.68

9.84

359

40.90

7.721

662

84.23

8.000 - 8.499

40

10,505,626.94

3.15

359

43.24

8.225

662

79.89

8.500 - 8.999

43

9,395,164.86

2.82

359

40.27

8.667

650

81.34

9.000 - 9.499

6

829,428.99

0.25

359

36.80

9.229

647

85.62

9.500 - 9.999

18

4,913,208.97

1.47

359

45.44

9.782

646

81.41

10.000 - 10.499

7

1,252,258.98

0.38

359

37.29

10.182

645

89.24

10.500 - 10.999

3

1,128,760.00

0.34

359

47.37

10.839

643

84.09

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

Original Loan-to-Value Ratios(1)

RANGE OF ORIGINAL

LOAN-TO-VALUE

RATIOS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV (1)

(%)

0.01 - 25.00

9

1,208,718.98

0.36

359

28.77

6.609

676

18.56

25.01 - 30.00

6

669,153.99

0.20

359

37.20

6.193

755

27.35

30.01 - 35.00

6

625,688.98

0.19

359

39.77

7.051

677

32.13

35.01 - 40.00

14

1,995,426.96

0.60

359

41.05

6.874

695

38.11

40.01 - 45.00

14

2,691,982.00

0.81

359

42.79

6.513

710

43.01

45.01 - 50.00

14

3,238,224.22

0.97

359

40.31

6.239

697

47.17

50.01 - 55.00

23

6,752,584.94

2.03

359

42.19

7.078

688

53.48

55.01 - 60.00

36

7,583,934.92

2.28

359

37.83

6.529

695

57.56

60.01 - 65.00

32

7,945,458.95

2.38

359

38.56

6.435

697

62.81

65.01 - 70.00

51

13,715,201.57

4.12

359

42.59

6.904

687

68.17

70.01 - 75.00

86

24,245,695.79

7.28

359

40.31

6.766

682

72.84

75.01 - 80.00

245

64,782,261.87

19.44

359

40.14

6.725

681

78.89

80.01 - 85.00

204

59,453,608.91

17.84

359

40.42

6.822

676

83.58

85.01 - 90.00

522

135,758,310.22

40.74

359

41.62

7.098

676

89.12

90.01 - 95.00

11

2,601,054.99

0.78

359

43.61

6.999

710

93.05

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

(1)The loan-to-value(“OLTV”) of a first-lien mortgage at any given time is a fraction, expressed as a percentage, the numerator of which is the principal balance of the mortgage loan at the date of origination and the denominator of which is the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan. The OLTV of a second lien mortgage loan at any given time is a fraction, expressed as a percentage the numerator of which is (i) the sum of (a) the principal balance of such mortgage loan at the date of origination plus (b) the outstanding balance of the senior mortgage loan at the date of origination of such mortgage loan and the denominator of which is (ii) the lesser of the sales price of the related mortgage property and its appraised value determined in an appraisal obtained by the originator at origination of the mortgage loan.

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

FICO Score at Origination

RANGE OF FICO SCORES

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

620 - 639

246

60,380,871.25

18.12

359

40.79

7.455

629

80.66

640 - 659

254

68,726,910.44

20.62

359

41.22

6.992

650

82.01

660 - 679

206

56,093,189.32

16.83

359

40.70

6.972

669

80.86

680 - 699

194

50,386,317.37

15.12

359

41.09

6.749

689

81.62

700 - 719

127

32,257,912.08

9.68

359

41.51

6.561

709

79.21

720 - 739

97

26,827,602.90

8.05

359

41.92

6.567

729

80.34

740 - 759

75

20,264,683.54

6.08

359

39.82

6.471

750

80.50

760 - 779

51

13,441,928.90

4.03

359

39.27

6.397

769

74.18

780 - 799

15

3,480,384.51

1.04

359

37.35

6.626

788

66.63

800 - 819

8

1,407,506.98

0.42

359

30.23

6.014

804

69.87

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

Debt-to-Income Ratio

 

RANGE OF DEBT-TO-INCOME RATIOS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

0.01 - 20.00

45

10,205,888.91

3.06

359

14.94

6.995

687

80.18

20.01 - 25.00

58

11,513,764.86

3.45

359

23.24

6.779

678

79.89

25.01 - 30.00

102

25,533,070.77

7.66

359

28.35

6.649

683

77.71

30.01 - 35.00

128

31,411,316.30

9.43

359

33.01

6.804

678

77.95

35.01 - 40.00

203

52,253,113.09

15.68

359

38.31

6.892

685

80.92

40.01 - 45.00

249

68,157,434.89

20.45

359

43.19

6.861

682

80.89

45.01 - 50.00

488

134,192,718.47

40.27

359

48.38

6.987

677

81.31

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

Geographic Distribution

STATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

California

301

107,331,499.53

32.21

359

41.17

6.608

681

77.67

Florida

130

30,475,242.72

9.14

359

40.04

6.924

672

82.46

New Jersey

106

27,920,582.84

8.38

359

42.50

7.199

686

79.17

New York

71

23,411,758.87

7.02

359

42.66

6.991

678

79.51

Maryland

72

17,992,206.38

5.40

359

40.61

6.788

683

81.29

Arizona

70

13,038,558.39

3.91

359

39.67

6.644

689

79.63

Massachusetts

44

11,720,203.97

3.52

359

40.59

7.139

670

80.30

Washington

44

11,214,317.70

3.36

359

38.93

6.961

689

84.78

Georgia

53

9,892,586.83

2.97

359

38.45

7.354

667

83.58

Illinois

41

9,175,569.46

2.75

359

39.57

8.237

672

84.40

Hawaii

19

8,504,742.96

2.55

359

41.53

6.625

699

76.20

Minnesota

32

7,520,752.65

2.26

359

42.24

6.853

686

83.21

Pennsylvania

34

6,894,853.37

2.07

359

36.20

7.055

660

83.99

Nevada

23

6,058,969.94

1.82

359

41.27

6.761

670

84.51

Michigan

40

5,364,479.89

1.61

359

42.19

7.154

670

85.94

Connecticut

19

4,709,550.96

1.41

359

40.92

6.826

687

79.50

Colorado

19

4,622,172.80

1.39

359

37.81

7.046

694

84.39

Indiana

18

2,601,030.96

0.78

359

41.69

6.948

706

83.26

Wisconsin

11

2,138,113.97

0.64

359

43.91

7.350

671

85.26

Rhode Island

8

2,129,244.97

0.64

359

46.39

7.060

657

85.40

Texas

15

2,096,821.31

0.63

359

34.08

6.654

699

83.94

Missouri

12

1,981,343.94

0.59

359

38.37

7.195

669

85.30

Oregon

10

1,895,681.00

0.57

359

45.56

6.939

671

84.18

New Hampshire

7

1,728,119.99

0.52

359

41.35

6.732

685

86.11

Delaware

6

1,425,987.00

0.43

359

38.15

6.779

688

83.95

Utah

5

1,314,699.99

0.39

359

39.70

6.576

719

86.59

District of Columbia

4

1,178,999.98

0.35

359

39.37

6.703

672

75.00

North Carolina

8

1,172,171.63

0.35

358

40.56

7.268

677

82.99

Alabama

9

1,164,699.99

0.35

359

37.40

7.585

683

83.50

Kentucky

7

1,128,250.00

0.34

359

43.23

7.448

673

86.24

Tennessee

8

1,116,710.00

0.34

359

44.51

7.001

688

85.84

Kansas

5

784,451.99

0.24

359

27.05

7.524

689

88.65

Vermont

2

767,750.00

0.23

359

44.17

7.311

649

84.40

Maine

4

650,073.99

0.20

359

42.99

7.790

706

84.73

South Carolina

3

535,191.99

0.16

359

49.05

7.639

672

87.10

Oklahoma

3

464,248.99

0.14

359

45.61

7.173

649

85.56

Arkansas

3

345,499.99

0.10

359

40.67

7.877

660

89.74

Mississippi

3

339,867.00

0.10

358

39.06

7.084

661

82.54

Louisiana

2

280,999.35

0.08

357

39.41

7.021

668

85.19

Iowa

1

116,100.00

0.03

359

49.00

7.500

684

90.00

Ohio

1

63,200.00

0.02

356

49.00

5.875

690

79.70

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

Occupancy Status

OCCUPANCY

STATUS*

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Owner Occupied

1,262

330,294,368.32

99.11

359

40.93

6.896

680

80.50

Second Home

11

2,972,938.97

0.89

359

33.44

6.903

709

79.01

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

*Based on mortgagor representation at origination.

 

 

Documentation Type

INCOME DOCUMENTATION

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Full Documentation

993

255,543,788.04

76.68

359

40.67

6.788

680

80.59

Limited Documentation

152

41,573,683.52

12.47

359

41.36

7.083

673

82.36

Stated Documentation

128

36,149,835.73

10.85

359

41.64

7.448

689

77.58

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

Loan Purpose

PURPOSE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME (%)

GROSS COUPON (%)

FICO

OLTV

(%)

Refinance-Debt Consolidation Cash Out**

1,123

299,846,515.74

89.97

359

40.94

6.909

679

80.49

Purchase

87

21,138,211.81

6.34

359

41.14

6.779

683

80.24

Refinance-Debt Consolidation No Cash Out***

63

12,282,579.74

3.69

359

38.67

6.791

704

80.82

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

** Cash proceeds to the borrower inclusive of debt consolidation payments exceed 2% or $2,000 of the original principal balance of the related loan. Also includes all home equity loans originated in Texas with any cash proceeds.

 

*** Cash proceeds to the borrower inclusive of debt consolidation payments do not exceed 2% or $2,000 of the original principal balance of the related loan. Excludes home equity loans originated in Texas with any cash proceeds.

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 



 


Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

Credit Grade

RISK CATEGORY

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

8A

299

78,863,537.16

23.66

359

40.65

6.484

742

78.59

7A

254

65,359,094.16

19.61

359

40.87

6.704

693

80.89

6A

188

52,215,901.84

15.67

359

40.79

6.915

669

80.92

5A

234

63,251,766.47

18.98

359

41.51

6.981

650

82.41

4A

227

55,849,170.29

16.76

359

40.62

7.395

633

80.71

3A

19

4,214,977.96

1.26

359

36.83

7.382

655

78.94

2A

52

13,512,859.41

4.05

359

41.63

7.552

645

78.51

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

Property Type

PROPERTY TYPE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Single Family Detached

1,057

271,591,426.59

81.49

359

40.81

6.906

679

80.39

PUD Detached

69

20,945,330.80

6.28

359

40.79

6.709

685

83.47

Condominium

74

19,662,179.37

5.90

359

40.61

6.785

687

82.57

Two-to Four-Family Detached

54

17,199,903.10

5.16

359

42.85

7.133

685

75.97

Single Family Attached

11

2,177,410.45

0.65

359

37.20

6.765

670

77.93

PUD Attached

8

1,691,056.98

0.51

359

38.59

6.780

709

84.17

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

                                                                                                                                                                                  

 

Prepayment Charge Term

PREPAYMENT CHARGE

TERM AT ORIGINATION

(MONTHS)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

No Prepayment Penalty

506

128,060,818.61

38.43

359

40.77

7.262

679

80.22

12 Months

33

10,942,046.97

3.28

359

44.30

6.934

680

79.24

24 Months

2

1,217,949.00

0.37

358

41.75

6.734

658

76.42

30 Months

3

635,739.99

0.19

358

40.25

7.254

669

85.72

36 Months

729

192,410,752.72

57.73

359

40.73

6.650

681

80.75

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

Conforming Balances

CONFORMING BALANCE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Conforming

1,018

210,790,285.59

63.25

359

40.60

6.888

681

79.48

Non-Conforming

255

122,477,021.70

36.75

359

41.33

6.910

679

82.22

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

Maximum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MAXIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

11.500 - 11.999

101

31,508,578.31

12.91

359

42.10

5.869

705

77.53

12.000 - 12.499

169

42,629,312.85

17.46

359

39.97

6.288

691

77.87

12.500 - 12.999

352

94,804,203.79

38.84

359

40.76

6.747

672

82.24

13.000 - 13.499

113

28,936,955.05

11.85

359

41.20

7.234

660

83.11

13.500 - 13.999

97

21,404,142.68

8.77

359

41.19

7.737

660

84.40

14.000 - 14.499

33

9,477,806.94

3.88

359

42.70

8.224

663

79.84

14.500 - 14.999

39

8,104,364.86

3.32

359

40.62

8.674

646

81.59

15.000 - 15.499

6

829,428.99

0.34

359

36.80

9.229

647

85.62

15.500 - 15.999

14

4,108,829.97

1.68

359

46.21

9.760

647

81.33

16.000 - 16.499

6

1,175,758.98

0.48

359

36.79

10.168

647

89.19

16.500 - 16.999

3

1,128,760.00

0.46

359

47.37

10.839

643

84.09

Total:

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

 

 

 

Minimum Mortgage Rates of the Adjustable-Rate Loans

RANGE OF MINIMUM

MORTGAGE RATES (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

5.500 - 5.999

101

31,508,578.31

12.91

359

42.10

5.869

705

77.53

6.000 - 6.499

169

42,629,312.85

17.46

359

39.97

6.288

691

77.87

6.500 - 6.999

352

94,804,203.79

38.84

359

40.76

6.747

672

82.24

7.000 - 7.499

113

28,936,955.05

11.85

359

41.20

7.234

660

83.11

7.500 - 7.999

97

21,404,142.68

8.77

359

41.19

7.737

660

84.40

8.000 - 8.499

33

9,477,806.94

3.88

359

42.70

8.224

663

79.84

8.500 - 8.999

39

8,104,364.86

3.32

359

40.62

8.674

646

81.59

9.000 - 9.499

6

829,428.99

0.34

359

36.80

9.229

647

85.62

9.500 - 9.999

14

4,108,829.97

1.68

359

46.21

9.760

647

81.33

10.000 - 10.499

6

1,175,758.98

0.48

359

36.79

10.168

647

89.19

10.500 - 10.999

3

1,128,760.00

0.46

359

47.37

10.839

643

84.09

Total:

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

 

 

Gross Margins of the Adjustable-Rate Loans

RANGE OF GROSS

MARGINS (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.750 - 2.999

219

46,855,049.74

19.19

359

39.06

6.621

721

80.54

3.000 - 3.249

2

817,050.00

0.33

358

45.47

5.700

678

82.25

3.500 - 3.749

1

180,000.00

0.07

356

43.00

6.200

629

83.37

3.750 - 3.999

2

315,809.98

0.13

359

41.67

8.196

651

90.00

4.250 - 4.499

26

5,518,459.94

2.26

359

42.28

8.679

648

83.78

4.750 - 4.999

65

22,990,353.80

9.42

359

43.94

6.434

738

82.58

5.000 - 5.249

79

24,411,783.72

10.00

359

41.48

6.548

689

79.27

5.250 - 5.499

130

37,573,355.97

15.39

359

40.59

6.891

668

81.18

5.500 - 5.749

170

45,674,073.56

18.71

359

42.20

6.915

649

82.81

5.750 - 5.999

186

46,810,599.30

19.18

359

40.76

7.309

633

80.15

6.000 - 6.249

53

12,961,606.41

5.31

359

39.73

7.457

646

79.39

Total:

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

 

DESCRIPTION OF THE INTEREST ONLY COLLATERAL

 

 

Next Rate Adjustment Date of the Adjustable-Rate Loans

NEXT RATE ADJUSTMENT

DATE

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

May 2007

1

275,000.00

0.11

354

48.00

6.900

638

88.71

July 2007

3

904,000.00

0.37

356

42.75

7.514

671

83.00

September 2007

18

7,495,778.91

3.07

358

45.65

6.930

663

77.20

October 2007

475

127,041,144.09

52.04

359

41.73

7.150

661

81.59

July 2008

11

2,220,648.20

0.91

356

42.54

6.013

702

80.34

August 2008

6

1,149,647.59

0.47

357

41.58

6.466

714

85.35

September 2008

20

6,968,339.40

2.85

358

43.61

6.752

675

84.18

October 2008

313

79,328,774.00

32.50

359

39.96

6.646

685

80.16

November 2008

1

311,618.00

0.13

360

49.00

6.750

686

90.00

June 2010

1

418,591.00

0.17

355

42.00

6.250

704

88.12

July 2010

3

519,267.62

0.21

356

40.68

6.660

741

86.20

August 2010

2

329,919.99

0.14

357

40.80

6.811

686

87.09

September 2010

1

219,600.00

0.09

358

43.00

6.990

713

89.63

October 2010

78

16,925,813.62

6.93

359

37.29

6.605

728

80.95

Total:

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

 

 

Initial Periodic Rate Cap of the Adjustable-Rate Loans

INITIAL PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

2.000

848

225,694,950.19

92.46

359

41.32

6.939

671

81.05

6.000

85

18,413,192.23

7.54

359

37.63

6.606

727

81.48

Total:

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

 

 

Periodic Rate Cap of the Adjustable-Rate Loans

PERIODIC

CAP (%)

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

1.000

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

Total:

933

244,108,142.42

100.00

359

41.05

6.914

675

81.09

 

Insured AVM

INSURED AVM

NUMBER OF MORTGAGE LOANS

PRINCIPAL

BALANCE

AS OF THE

CUT-OFF DATE ($)

% OF PRINCIPAL

BALANCE AS OF

THE CUT-OFF DATE

REMAINING

TERM TO

MATURITY

(months)

DEBT-TO-INCOME

(%)

GROSS COUPON

(%)

FICO

OLTV

(%)

Non-Insured AVM

769

210,050,608.87

63.03

359

41.20

6.949

680

82.66

Insured AVM

504

123,216,698.42

36.97

359

40.30

6.807

680

76.77

Total:

1,273

333,267,307.29

100.00

359

40.87

6.896

680

80.49

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.

 




Ameriquest Mortgage Securities Inc., Asset-Backed Pass-Through Certificates, Series 2005-R10

 

 

 

FOR ADDITIONAL INFORMATION PLEASE CALL:

 

 

Barclays Capital

 

 

Syndicate

 

Craig Leonard

212-412-2663

Brain Dixon

212-412-2663

 

 

Banking

 

Joseph O’Doherty

212-412-5517

Glen Greeley

212-412-6741

Kwaw deGraft-Johnson

212-412-6773

Katherine Young

212-412-1116

 

 

Structuring

 

Anita Kelly

212-412-6897

 

 

 

 

 

 

Rating Agencies

 

 

Standard & Poor’s

 

Linda Kwok

(212) 438-2610

 

 

Moody’s

 

Gregory Bessermann

(212) 553-0323

 

 

Fitch

 

Gregory Hackett

(212) 908-0686

 

 

 

 

 

 

 

 

 

The information herein has been prepared solely for informational purposes and is not an offer to participate in any trading strategy. No representation or warranty can be given that any future offer of securities, instruments or transactions will conform to the terms hereof. Please refer to the important information and qualifications on the second page hereof when reviewing this information.