-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, LiKJsJooXxlfVnPmV5uiB/+qcnJ4eSsgI/ZAmOdiTDgk1Xgdt9CU7+q9V6UF66HE WuFZbBDMbOFSNXghyMlRqA== 0000950117-05-001498.txt : 20050421 0000950117-05-001498.hdr.sgml : 20050421 20050421122714 ACCESSION NUMBER: 0000950117-05-001498 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050222 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050421 DATE AS OF CHANGE: 20050421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CIT HOME EQUITY TRUST 2002-2 CENTRAL INDEX KEY: 0001176365 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-65554-04 FILM NUMBER: 05763876 BUSINESS ADDRESS: STREET 1: CSFB 11 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10010 BUSINESS PHONE: 2123252000 8-K 1 a39539.txt CIT HOME EQUITY LOAN TRUST 2002-2 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 22, 2005 CIT Home Equity Loan Trust 2002-2 (Exact Name of Registrant as Specified in its Charter) Delaware 333-65554-04 N/A (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) c/o The CIT Group/Consumer Finance, Inc. 1 CIT Drive Livingston, NJ 07039-0491 (Address of principal executive offices and zip code) Registrants' telephone number, including area code: (973) 740-5000 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14A-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 9.01. Financial Statements and Exhibits. (c). Exhibits. The following are filed herewith. The exhibit numbers correspond with items 601 of Regulation S-K.
Exhibit No. Description - ----------- ----------- 99.1 Pool Data Report
SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CIT Home Equity Loan Trust 2002-2 By: THE CIT GROUP/CONSUMER FINANCE, INC. as Servicer By: /s/ Usama Ashraf ------------------------------------ Name: Usama Ashraf Title: Vice President Dated: February 22, 2005 EX-99 2 ex99-1.txt EXHIBIT 99.1 Exhibit 99.1 CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Mortgage Pool Characteristics Group I Mortgage Loans Number of loans: 3,795 Aggregate outstanding principal balance $254,026,928 Average outstanding principal balance: $66,937 Range of outstanding principal balance: $0 to $908,349 Range of mortgage rates: 5.75% to 17.50% Weighted average mortgage rate: 9.398% Range of original loan-to-value ratios: 0.00% to 100.00% Weighted average original loan-to-value ratio: 77.43% Range of remaining terms to stated maturity: 1 to 344 months Weighted average remaining term to stated maturity: 273 months Full documentation loans as a percentage of current balance: 87.36% Loan secured by owner occupied properties as a percentage of current balance: 96.13% Range of original term: 60 to 360 months Weighted average original term: 317 months Lien position: First 93.28% Second 6.72%
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Geographic Distribution of Mortgaged Properties
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average State Loans Balance Outstanding Loans Coupon - ----- --------- ------------------- ------------------- -------- Texas 657 51,255,165.33 20.18% 9.38% California 249 22,701,580.76 8.94% 9.34% Tennessee 305 18,843,650.08 7.42% 9.82% Ohio 270 18,225,627.19 7.17% 8.87% Florida 245 13,279,466.92 5.23% 9.50% Pennsylvania 243 12,977,486.72 5.11% 9.53% North Carolina 182 12,913,862.36 5.08% 9.05% New York 115 8,917,206.39 3.51% 9.31% Indiana 156 8,264,848.11 3.25% 9.14% Georgia 101 7,445,395.77 2.93% 9.40% Washington 71 6,882,125.80 2.71% 9.53% South Carolina 96 6,345,896.24 2.50% 9.15% Oklahoma 117 6,111,583.93 2.41% 9.53% Kentucky 116 6,009,841.26 2.37% 9.17% Illinois 119 5,694,113.70 2.24% 9.56% Missouri 101 4,963,135.83 1.95% 9.59% Colorado 49 4,883,446.96 1.92% 8.97% Michigan 73 4,690,807.84 1.85% 10.16% New Jersery 71 4,056,718.46 1.60% 9.50% Oregon 38 3,468,268.56 1.37% 9.10% Virginia 48 3,302,899.67 1.30% 9.11% Arizona 52 3,276,721.78 1.29% 9.64% Nevada 37 2,291,079.53 0.90% 9.33% Louisiana 38 2,119,477.09 0.83% 10.92% Maryland 37 2,106,085.90 0.83% 9.44% Utah 21 1,949,176.92 0.77% 9.67% West Virginia 24 1,418,499.73 0.56% 9.56% New Mexico 21 1,359,768.58 0.54% 9.53% Delaware 25 1,235,161.82 0.49% 10.57% Connecticut 8 1,025,264.77 0.40% 9.87% Kansas 18 982,575.97 0.39% 9.70% Massachusetts 14 868,839.92 0.34% 9.07% Minnesota 12 771,266.03 0.30% 9.77% Wisconsin 12 585,578.32 0.23% 9.80% Idaho 9 465,626.47 0.18% 9.44% New England 6 406,066.88 0.16% 9.89% Montana 4 320,024.65 0.13% 8.11% Alabama 4 310,030.95 0.12% 8.72% Arkansas 8 252,838.23 0.10% 10.61% Wyoming 4 231,907.47 0.09% 8.98% Mississippi 9 219,106.99 0.09% 11.09% District of Columbia 2 203,691.29 0.08% 8.93% South Dakota 3 119,487.19 0.05% 9.82% New Hampshire 1 96,757.01 0.04% 11.14% Iowa 2 92,505.61 0.04% 11.12% Vermont 1 64,319.46 0.03% 9.15% Maine 1 21,941.44 0.01% 12.05% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage State Outstanding Ratio Mortgage Loans Loans - ----- ----------- ------------- --------------- ---------- Texas 78,014 77.09% 74.89% 95.80% California 91,171 73.01% 79.81% 98.16% Tennessee 61,782 79.76% 94.08% 95.79% Ohio 67,502 79.73% 93.84% 93.96% Florida 54,202 76.85% 90.94% 99.00% Pennsylvania 53,405 78.91% 91.73% 96.13% North Carolina 70,955 80.53% 92.04% 98.91% New York 77,541 71.98% 83.47% 94.80% Indiana 52,980 77.40% 92.01% 92.00% Georgia 73,717 77.00% 99.62% 97.31% Washington 96,931 79.89% 81.18% 95.12% South Carolina 66,103 80.20% 93.97% 97.14% Oklahoma 52,236 79.44% 87.34% 95.74% Kentucky 51,809 79.94% 96.36% 96.74% Illinois 47,850 73.29% 97.84% 94.92% Missouri 49,140 78.90% 96.98% 96.72% Colorado 99,662 81.30% 75.88% 97.92% Michigan 64,258 77.88% 96.14% 91.41% New Jersery 57,137 73.36% 98.21% 98.01% Oregon 91,270 78.12% 76.56% 100.00% Virginia 68,810 80.71% 85.49% 94.15% Arizona 63,014 79.68% 89.31% 99.19% Nevada 61,921 75.60% 100.00% 92.77% Louisiana 55,776 70.77% 92.62% 88.54% Maryland 56,921 76.78% 78.87% 91.86% Utah 92,818 76.69% 97.91% 98.64% West Virginia 59,104 78.82% 97.09% 100.00% New Mexico 64,751 74.36% 87.59% 100.00% Delaware 49,406 75.59% 96.93% 88.95% Connecticut 128,158 82.74% 100.00% 100.00% Kansas 54,588 78.19% 100.00% 97.30% Massachusetts 62,060 61.70% 94.87% 100.00% Minnesota 64,272 77.73% 100.00% 100.00% Wisconsin 48,798 68.68% 100.00% 97.28% Idaho 51,736 68.89% 100.00% 100.00% New England 67,678 84.59% 100.00% 79.29% Montana 80,006 80.20% 100.00% 100.00% Alabama 77,508 83.58% 100.00% 100.00% Arkansas 31,605 65.93% 100.00% 100.00% Wyoming 57,977 86.09% 100.00% 100.00% Mississippi 24,345 71.84% 100.00% 100.00% District of Columbia 101,846 74.05% 100.00% 24.70% South Dakota 39,829 65.66% 100.00% 100.00% New Hampshire 96,757 84.00% 100.00% 100.00% Iowa 46,253 74.47% 100.00% 100.00% Vermont 64,319 76.24% 100.00% 100.00% Maine 21,941 80.00% 100.00% 100.00% ------- ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Original Principal Balance
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Original Principal Balance Loans Balance Outstanding Loans Coupon - -------------------------- --------- ------------------- ------------------- -------- .01 - 10,000.00 5 35,473.43 0.01% 12.01% 10,000.01 - 20,000.00 121 1,372,213.49 0.54% 11.10% 20,000.01 - 30,000.00 346 7,301,392.89 2.87% 11.07% 30,000.01 - 40,000.00 471 14,555,803.10 5.73% 10.30% 40,000.01 - 50,000.00 512 20,986,622.50 8.26% 10.04% 50,000.01 - 60,000.00 533 27,191,469.49 10.70% 9.83% 60,000.01 - 70,000.00 448 26,982,141.60 10.62% 9.73% 70,000.01 - 80,000.00 335 23,642,757.56 9.31% 9.46% 80,000.01 - 90,000.00 229 18,158,657.77 7.15% 9.27% 90,000.01 - 100,000.00 177 15,798,654.03 6.22% 9.32% 100,000.01 - 120,000.00 211 21,295,698.82 8.38% 8.91% 120,000.01 - 140,000.00 107 13,119,125.48 5.16% 8.98% 140,000.01 - 160,000.00 92 13,334,531.22 5.25% 8.79% 160,000.01 - 180,000.00 45 7,420,904.47 2.92% 8.74% 180,000.01 - 200,000.00 45 7,939,295.65 3.13% 8.56% 200,000.01 - 220,000.00 23 4,425,859.06 1.74% 8.66% 220,000.01 - 240,000.00 17 3,790,523.19 1.49% 8.75% 240,000.01 - 260,000.00 13 3,203,348.32 1.26% 8.41% 260,000.01 - 280,000.00 9 2,329,236.02 0.92% 9.37% 280,000.01 - 300,000.00 8 2,050,537.78 0.81% 8.90% 300,000.01 - 320,000.00 7 2,034,823.62 0.80% 8.70% 320,000.01 - 340,000.00 6 1,966,644.55 0.77% 8.54% 340,000.01 - 360,000.00 8 2,684,598.11 1.06% 8.54% 360,000.01 - 380,000.00 4 1,467,933.06 0.58% 8.69% 380,000.01 - 400,000.00 12 4,521,944.54 1.78% 8.50% 400,000.01 - 450,000.00 1 413,404.49 0.16% 9.00% 450,000.01 - 500,000.00 3 1,359,618.58 0.54% 9.37% 500,000.01 - 550,000.00 3 1,485,689.54 0.58% 7.79% 700,000.01 - 750,000.00 2 1,404,952.86 0.55% 9.00% 850,000.01 - 900,000.00 1 844,724.13 0.33% 8.37% 900,000.01 - 950,000.00 1 908,348.53 0.36% 9.50% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Original Principal Balance Outstanding Ratio Mortgage Loans Loans - -------------------------- ----------- ------------- --------------- ---------- .01 - 10,000.00 7,095 67.45% 100.00% 100.00% 10,000.01 - 20,000.00 11,341 69.06% 98.73% 98.67% 20,000.01 - 30,000.00 21,102 66.95% 93.62% 93.05% 30,000.01 - 40,000.00 30,904 71.88% 92.29% 93.23% 40,000.01 - 50,000.00 40,989 74.75% 92.61% 91.14% 50,000.01 - 60,000.00 51,016 76.81% 91.40% 95.49% 60,000.01 - 70,000.00 60,228 78.67% 95.39% 96.32% 70,000.01 - 80,000.00 70,575 78.65% 90.71% 95.39% 80,000.01 - 90,000.00 79,295 79.44% 93.79% 98.59% 90,000.01 - 100,000.00 89,258 79.00% 88.90% 97.69% 100,000.01 - 120,000.00 100,927 79.42% 85.48% 98.99% 120,000.01 - 140,000.00 122,609 79.71% 83.42% 96.18% 140,000.01 - 160,000.00 144,941 77.94% 83.21% 97.75% 160,000.01 - 180,000.00 164,909 79.41% 79.92% 97.64% 180,000.01 - 200,000.00 176,429 77.76% 78.91% 97.59% 200,000.01 - 220,000.00 192,429 77.27% 67.38% 95.10% 220,000.01 - 240,000.00 222,972 78.59% 69.92% 93.96% 240,000.01 - 260,000.00 246,411 78.70% 61.73% 92.55% 260,000.01 - 280,000.00 258,804 79.20% 67.35% 100.00% 280,000.01 - 300,000.00 256,317 81.84% 85.95% 100.00% 300,000.01 - 320,000.00 290,689 81.97% 74.89% 100.00% 320,000.01 - 340,000.00 327,774 83.33% 66.81% 100.00% 340,000.01 - 360,000.00 335,575 83.57% 36.39% 100.00% 360,000.01 - 380,000.00 366,983 82.88% 75.41% 100.00% 380,000.01 - 400,000.00 376,829 78.19% 66.12% 100.00% 400,000.01 - 450,000.00 413,404 65.00% 100.00% 100.00% 450,000.01 - 500,000.00 453,206 73.72% 100.00% 66.74% 500,000.01 - 550,000.00 495,230 65.24% 100.00% 100.00% 700,000.01 - 750,000.00 702,476 74.02% 100.00% 100.00% 850,000.01 - 900,000.00 844,724 64.00% 100.00% 100.00% 900,000.01 - 950,000.00 908,349 72.00% 100.00% 100.00% ------- ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Current Principal Balance
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Current Principal Balance Loans Balance Outstanding Loans Coupon - ------------------------- --------- ------------------- ------------------- -------- .01 - 10,000.00 98 466,562.34 0.18% 11.16% 10,000.01 - 20,000.00 237 3,789,652.35 1.49% 10.65% 20,000.01 - 30,000.00 390 9,865,617.86 3.88% 10.60% 30,000.01 - 40,000.00 465 16,375,963.35 6.45% 10.05% 40,000.01 - 50,000.00 501 22,698,187.29 8.94% 10.03% 50,000.01 - 60,000.00 474 26,012,093.88 10.24% 9.76% 60,000.01 - 70,000.00 400 25,931,744.48 10.21% 9.70% 70,000.01 - 80,000.00 306 22,956,475.57 9.04% 9.45% 80,000.01 - 90,000.00 211 17,866,762.28 7.03% 9.33% 90,000.01 - 100,000.00 151 14,296,428.22 5.63% 9.25% 100,000.01 - 120,000.00 185 19,999,608.48 7.87% 8.86% 120,000.01 - 140,000.00 101 13,045,061.56 5.14% 8.96% 140,000.01 - 160,000.00 88 13,163,501.32 5.18% 8.91% 160,000.01 - 180,000.00 42 7,142,247.51 2.81% 8.52% 180,000.01 - 200,000.00 37 6,949,006.83 2.74% 8.60% 200,000.01 - 220,000.00 19 3,960,811.39 1.56% 8.59% 220,000.01 - 240,000.00 18 4,116,268.49 1.62% 8.76% 240,000.01 - 260,000.00 14 3,494,953.21 1.38% 8.66% 260,000.01 - 280,000.00 8 2,172,015.97 0.86% 9.39% 280,000.01 - 300,000.00 5 1,439,999.06 0.57% 8.75% 300,000.01 - 320,000.00 6 1,855,912.10 0.73% 8.67% 320,000.01 - 340,000.00 9 2,974,149.85 1.17% 8.47% 340,000.01 - 360,000.00 5 1,749,174.92 0.69% 8.65% 360,000.01 - 380,000.00 9 3,344,866.27 1.32% 8.90% 380,000.01 - 400,000.00 5 1,943,125.17 0.76% 8.13% 400,000.01 - 450,000.00 2 862,757.28 0.34% 9.26% 450,000.01 - 500,000.00 3 1,379,628.86 0.54% 8.78% 500,000.01 - 550,000.00 2 1,016,326.47 0.40% 7.80% 650,000.01 - 700,000.00 1 699,421.29 0.28% 9.25% 700,000.01 - 750,000.00 1 705,531.57 0.28% 8.75% 800,000.01 - 850,000.00 1 844,724.13 0.33% 8.37% 900,000.01 - 950,000.00 1 908,348.53 0.36% 9.50% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Current Principal Balance Outstanding Ratio Mortgage Loans Loans - ------------------------- ----------- ------------- --------------- ---------- .01 - 10,000.00 4,761 66.88% 99.51% 99.14% 10,000.01 - 20,000.00 15,990 66.10% 97.64% 95.84% 20,000.01 - 30,000.00 25,296 67.29% 93.18% 95.28% 30,000.01 - 40,000.00 35,217 72.35% 92.18% 92.88% 40,000.01 - 50,000.00 45,306 75.65% 92.70% 92.21% 50,000.01 - 60,000.00 54,878 77.52% 92.03% 95.16% 60,000.01 - 70,000.00 64,829 78.93% 94.98% 96.30% 70,000.01 - 80,000.00 75,021 78.90% 90.25% 96.08% 80,000.01 - 90,000.00 84,677 79.22% 92.87% 98.10% 90,000.01 - 100,000.00 94,678 80.22% 89.36% 98.03% 100,000.01 - 120,000.00 108,106 79.33% 85.42% 98.93% 120,000.01 - 140,000.00 129,159 80.66% 83.18% 96.16% 140,000.01 - 160,000.00 149,585 76.78% 81.73% 97.72% 160,000.01 - 180,000.00 170,054 79.80% 78.41% 97.55% 180,000.01 - 200,000.00 187,811 77.64% 78.23% 97.25% 200,000.01 - 220,000.00 208,464 79.16% 62.92% 94.52% 220,000.01 - 240,000.00 228,682 80.35% 60.30% 88.64% 240,000.01 - 260,000.00 249,640 77.71% 64.23% 100.00% 260,000.01 - 280,000.00 271,502 82.39% 75.39% 100.00% 280,000.01 - 300,000.00 288,000 79.09% 79.99% 100.00% 300,000.01 - 320,000.00 309,319 85.25% 100.00% 100.00% 320,000.01 - 340,000.00 330,461 83.49% 55.85% 100.00% 340,000.01 - 360,000.00 349,835 81.62% 40.13% 100.00% 360,000.01 - 380,000.00 371,652 79.51% 66.62% 100.00% 380,000.01 - 400,000.00 388,625 77.57% 60.02% 100.00% 400,000.01 - 450,000.00 431,379 62.40% 100.00% 100.00% 450,000.01 - 500,000.00 459,876 76.93% 100.00% 67.22% 500,000.01 - 550,000.00 508,163 63.04% 100.00% 100.00% 650,000.01 - 700,000.00 699,421 69.00% 100.00% 100.00% 700,000.01 - 750,000.00 705,532 79.00% 100.00% 100.00% 800,000.01 - 850,000.00 844,724 64.00% 100.00% 100.00% 900,000.01 - 950,000.00 908,349 72.00% 100.00% 100.00% ------ ----- ----- ----- Total: 66,937 77.43% 87.36% 96.13% ====== ===== ===== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Current Mortgage Rates
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Mortgage Rates Loans Balance Outstanding Loans Coupon - -------------- --------- ------------------- ------------------- -------- 5.501% - 6.000% 6 424,588.37 0.17% 5.83% 6.001% - 6.500% 54 5,526,833.70 2.18% 6.33% 6.501% - 7.000% 77 8,329,078.46 3.28% 6.88% 7.001% - 7.500% 84 9,705,991.17 3.82% 7.38% 7.501% - 8.000% 265 21,899,032.89 8.62% 7.88% 8.001% - 8.500% 337 27,667,351.50 10.89% 8.36% 8.501% - 9.000% 534 41,798,386.68 16.45% 8.84% 9.001% - 9.500% 435 32,157,042.67 12.66% 9.33% 9.501% - 10.000% 546 34,637,884.62 13.64% 9.81% 10.001% - 10.500% 371 21,310,177.81 8.39% 10.31% 10.501% - 11.000% 355 18,583,520.87 7.32% 10.83% 11.001% - 11.500% 223 10,760,867.61 4.24% 11.32% 11.501% - 12.000% 182 9,349,267.06 3.68% 11.81% 12.001% - 12.500% 102 4,332,105.59 1.71% 12.32% 12.501% - 13.000% 98 3,269,784.51 1.29% 12.82% 13.001% - 13.500% 47 1,651,760.93 0.65% 13.34% 13.501% - 14.000% 41 1,543,851.95 0.61% 13.79% 14.001% - 14.500% 22 592,948.63 0.23% 14.34% 14.501% - 15.000% 12 388,705.19 0.15% 14.72% 15.001% - 15.500% 3 95,021.87 0.04% 15.21% 17.001% - 17.500% 1 2,725.80 0.00% 17.50% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Percentage of Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Mortgage Rates Outstanding Ratio Mortgage Loans Loans - -------------- ------------- ------------- --------------- ---------- 5.501% - 6.000% 70,765 53.36% 81.65% 100.00% 6.001% - 6.500% 102,349 74.97% 98.68% 100.00% 6.501% - 7.000% 108,170 77.61% 87.45% 96.63% 7.001% - 7.500% 115,548 79.69% 90.10% 99.43% 7.501% - 8.000% 82,638 76.04% 87.13% 98.71% 8.001% - 8.500% 82,099 78.53% 87.40% 97.57% 8.501% - 9.000% 78,274 77.61% 81.32% 96.32% 9.001% - 9.500% 73,924 78.52% 86.63% 94.08% 9.501% - 10.000% 63,439 78.24% 85.95% 94.60% 10.001% - 10.500% 57,440 76.79% 91.06% 94.57% 10.501% - 11.000% 52,348 77.18% 90.86% 95.39% 11.001% - 11.500% 48,255 77.74% 92.31% 96.50% 11.501% - 12.000% 51,370 76.92% 82.87% 95.98% 12.001% - 12.500% 42,472 75.75% 91.42% 92.56% 12.501% - 13.000% 33,365 71.66% 95.40% 96.19% 13.001% - 13.500% 35,144 73.29% 94.03% 100.00% 13.501% - 14.000% 37,655 69.08% 100.00% 99.92% 14.001% - 14.500% 26,952 77.24% 96.29% 100.00% 14.501% - 15.000% 32,392 65.96% 100.00% 100.00% 15.001% - 15.500% 31,674 72.14% 100.00% 100.00% 17.001% - 17.500% 2,726 79.11% 100.00% 100.00% ------ ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ====== ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 GROUP I Distribution by Remaining Months to Stated Maturity
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Remaining Months Mortgage Aggregate Principal Balance of Mortgage Average to Stated Maturity Loans Balance Outstanding Loans Coupon - ------------------ --------- ------------------- ------------------- -------- 1: 12 30 169,624.89 0.07% 12.53% 13: 24 13 138,128.37 0.05% 10.43% 25: 36 23 308,708.61 0.12% 9.99% 37: 48 55 1,228,210.65 0.48% 8.32% 49: 60 87 2,194,075.58 0.86% 9.45% 61: 72 105 2,751,215.28 1.08% 11.24% 73: 84 84 3,245,877.49 1.28% 10.73% 85: 96 109 4,896,294.02 1.93% 10.16% 97:108 118 5,545,246.76 2.18% 9.83% 109:120 48 2,437,424.20 0.96% 9.63% 121:132 145 5,724,166.49 2.25% 11.03% 133:144 113 5,904,825.13 2.32% 9.24% 145:156 300 16,367,536.82 6.44% 9.23% 157:168 19 1,144,927.72 0.45% 9.21% 169:180 14 798,824.92 0.31% 9.52% 181:192 30 1,557,309.62 0.61% 9.87% 193:204 47 2,847,206.06 1.12% 9.21% 205:216 101 5,844,741.75 2.30% 9.00% 217:228 1 36,788.16 0.01% 7.80% 229:240 5 281,401.32 0.11% 10.41% 241:252 15 1,043,795.94 0.41% 10.69% 253:264 27 2,175,002.97 0.86% 9.86% 265:276 61 4,069,181.55 1.60% 9.68% 277:288 94 6,389,568.94 2.52% 9.54% 289:300 100 6,645,754.50 2.62% 9.55% 301:312 258 18,289,418.64 7.20% 10.11% 313:324 452 37,643,613.62 14.82% 9.35% 325:336 1314 112,353,424.32 44.23% 9.07% 337:348 27 1,994,633.56 0.79% 9.83% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Remaining Months Balance Loan-to-value Documentation Mortgage to Stated Maturity Outstanding Ratio Mortgage Loans Loans - ------------------ ----------- ------------- --------------- ---------- 1: 12 5,654 74.02% 100.00% 98.23% 13: 24 10,625 75.59% 100.00% 100.00% 25: 36 13,422 69.58% 96.62% 99.67% 37: 48 22,331 58.54% 100.00% 98.19% 49: 60 25,219 69.76% 100.00% 100.00% 61: 72 26,202 68.19% 96.65% 96.39% 73: 84 38,641 74.03% 92.94% 95.22% 85: 96 44,920 73.57% 93.96% 96.10% 97:108 46,994 71.34% 100.00% 99.29% 109:120 50,780 75.80% 90.22% 97.88% 121:132 39,477 72.12% 99.39% 100.00% 133:144 52,255 76.16% 89.15% 95.92% 145:156 54,558 75.18% 78.43% 96.23% 157:168 60,259 73.73% 100.00% 100.00% 169:180 57,059 73.04% 94.29% 100.00% 181:192 51,910 76.34% 100.00% 100.00% 193:204 60,579 76.23% 93.67% 98.58% 205:216 57,869 79.10% 90.86% 98.58% 217:228 36,788 81.71% 100.00% 100.00% 229:240 56,280 70.50% 99.99% 100.00% 241:252 69,586 83.80% 100.00% 100.00% 253:264 80,556 86.55% 100.00% 97.93% 265:276 66,708 75.33% 96.88% 98.00% 277:288 67,974 73.49% 94.51% 99.54% 289:300 66,458 75.31% 89.79% 96.73% 301:312 70,889 72.32% 98.87% 99.79% 313:324 83,282 78.98% 87.19% 95.93% 325:336 85,505 79.82% 82.45% 94.39% 337:348 73,875 77.58% 81.08% 98.38% ------ ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ====== ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Number of Months of Seasoning (1)
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Months of Seasoning Loans Balance Outstanding Loans Coupon - ------------------- --------- ------------------- ------------------- -------- 31:36 1,319 100,643,406.64 39.62% 8.98% 37:42 679 53,290,605.42 20.98% 8.70% 43:48 232 19,246,218.22 7.58% 10.02% 49:54 117 6,787,960.14 2.67% 11.37% 55:60 411 24,664,787.48 9.71% 10.37% 61:66 70 4,006,464.53 1.58% 10.41% 67:72 54 3,451,853.96 1.36% 9.46% 73:78 177 11,447,164.84 4.51% 9.44% 79:84 70 4,227,757.42 1.66% 9.73% 85:90 172 8,534,968.51 3.36% 10.06% 91:96 23 1,163,446.17 0.46% 10.50% 97:102 46 1,748,549.02 0.69% 11.13% 103:108 75 4,106,972.83 1.62% 10.24% 109:114 49 1,802,606.72 0.71% 10.46% 115:120 85 2,905,087.77 1.14% 11.61% 121:126 90 2,961,962.54 1.17% 10.83% 127:132 59 1,488,142.23 0.59% 9.28% 133:138 49 1,090,956.98 0.43% 8.03% 139:144 14 345,389.85 0.14% 8.25% 151:156 1 4,987.22 0.00% 11.75% 169:174 1 2,495.57 0.00% 12.99% 193:198 1 32,877.50 0.01% 7.54% 199:204 1 72,266.32 0.03% 10.87% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Months of Seasoning Outstanding Ratio Mortgage Loans Loans - ------------------- ----------- ------------- --------------- ---------- 31:36 76,303 79.22% 80.41% 94.14% 37:42 78,484 79.15% 85.22% 95.99% 43:48 82,958 77.89% 87.86% 96.14% 49:54 58,017 74.07% 97.00% 98.73% 55:60 60,012 72.88% 99.56% 100.00% 61:66 57,235 77.79% 97.76% 99.17% 67:72 63,923 71.19% 97.36% 100.00% 73:78 64,673 73.89% 89.62% 97.86% 79:84 60,397 73.94% 98.15% 97.85% 85:90 49,622 72.79% 99.88% 98.72% 91:96 50,585 79.70% 100.00% 100.00% 97:102 38,012 78.84% 98.42% 92.76% 103:108 54,760 79.71% 94.29% 99.54% 109:114 36,788 82.40% 93.14% 92.78% 115:120 34,178 74.19% 99.03% 93.20% 121:126 32,911 74.40% 100.00% 100.00% 127:132 25,223 65.62% 100.00% 100.00% 133:138 22,264 60.75% 100.00% 100.00% 139:144 24,671 63.43% 100.00% 100.00% 151:156 4,987 26.00% 100.00% 100.00% 169:174 2,496 58.00% 100.00% 100.00% 193:198 32,878 0.00% 100.00% 100.00% 199:204 72,266 80.00% 100.00% 100.00% ------ ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ====== ===== ====== ======
(1) Seasoning calculated from each Mortgage Loan's interest start date, based upon a calendar month deemed to have 30 days, and a calendar year deemed to have 360 days. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Original Loan-to-Value Ratio (2)
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Combined Mortgage Aggregate Principal Balance of Mortgage Average Loan-to-Value Ratio Loans Balance Outstanding Loans Coupon - ------------------- --------- ------------------- ------------------- -------- Not Available 39 1,677,445.95 0.66% 9.96% 5.01 - 10.00 2 48,801.12 0.02% 9.11% 10.01 - 15.00 3 26,427.58 0.01% 8.41% 15.01 - 20.00 10 243,213.77 0.10% 10.34% 20.01 - 25.00 20 638,519.58 0.25% 9.13% 25.01 - 30.00 22 567,307.33 0.22% 9.27% 30.01 - 35.00 35 1,187,228.56 0.47% 9.55% 35.01 - 40.00 43 1,676,935.91 0.66% 8.98% 40.01 - 45.00 50 2,111,083.35 0.83% 8.83% 45.01 - 50.00 72 3,210,571.37 1.26% 9.27% 50.01 - 55.00 87 3,988,796.63 1.57% 10.14% 55.01 - 60.00 129 6,858,460.99 2.70% 9.39% 60.01 - 65.00 167 10,564,587.55 4.16% 9.52% 65.01 - 70.00 251 14,367,634.56 5.66% 9.66% 70.01 - 75.00 461 29,067,312.94 11.44% 9.72% 75.01 - 80.00 1,121 82,056,991.14 32.30% 9.34% 80.01 - 85.00 655 48,843,894.17 19.23% 9.38% 85.01 - 90.00 424 32,492,305.69 12.79% 9.07% 90.01 - 95.00 112 9,258,153.57 3.64% 9.31% 95.01 - 100.00 92 5,141,256.12 2.02% 9.58% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Combined Balance Loan-to-Value Documentation Mortgage Loan-to-Value Ratio Outstanding Ratio Mortgage Loans Loans - ------------------- ----------- ------------- --------------- ---------- Not Available 43,011 0.00% 100.00% 100.00% 5.01 - 10.00 24,401 10.00% 100.00% 100.00% 10.01 - 15.00 8,809 13.41% 100.00% 100.00% 15.01 - 20.00 24,321 18.07% 100.00% 100.00% 20.01 - 25.00 31,926 22.82% 80.30% 96.89% 25.01 - 30.00 25,787 28.09% 93.28% 100.00% 30.01 - 35.00 33,921 33.46% 91.93% 97.33% 35.01 - 40.00 38,999 38.14% 98.39% 99.00% 40.01 - 45.00 42,222 42.89% 92.64% 99.25% 45.01 - 50.00 44,591 48.04% 96.70% 99.42% 50.01 - 55.00 45,848 53.23% 88.52% 92.06% 55.01 - 60.00 53,166 58.50% 87.66% 94.64% 60.01 - 65.00 63,261 63.34% 92.30% 99.23% 65.01 - 70.00 57,242 68.52% 84.16% 95.64% 70.01 - 75.00 63,053 73.59% 86.34% 94.94% 75.01 - 80.00 73,200 79.17% 82.10% 95.57% 80.01 - 85.00 74,571 83.03% 86.11% 94.59% 85.01 - 90.00 76,633 87.26% 94.70% 98.22% 90.01 - 95.00 82,662 91.89% 100.00% 100.00% 95.01 - 100.00 55,883 99.39% 100.00% 100.00% ------ ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ====== ===== ====== ======
(2) The Combined Loan-to-Vaue Ratios for the first lien mortgages do not reflect the principal balance of any second lien mortgages, including those financed by CIT Consumer Finance or any of its affiliates. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Borrower FICO Score (1)
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Borrower FICO Score Loans Balance Outstanding Loans Coupon - ------------------- --------- ------------------- ------------------- -------- Not available 39 1,544,226.14 0.61% 10.57% 000:350 19 637,484.10 0.25% 10.71% 351:400 3 65,624.20 0.03% 10.82% 401:450 1 70,114.57 0.03% 11.87% 451:500 78 3,996,548.78 1.57% 11.25% 501:550 516 31,446,122.85 12.38% 10.46% 551:600 1,221 81,838,675.26 32.22% 9.55% 601:650 1,037 72,958,272.10 28.72% 9.17% 651:700 546 40,844,320.97 16.08% 8.88% 701:750 212 14,582,551.44 5.74% 8.58% 751:800 111 5,482,399.01 2.16% 8.43% 801:850 12 560,588.46 0.22% 7.96% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Borrower FICO Score Outstanding Ratio Mortgage Loans Loans - ------------------- ----------- ------------- --------------- ---------- Not available 39,596 72.54% 89.53% 98.75% 000:350 33,552 71.63% 100.00% 84.35% 351:400 21,875 72.44% 100.00% 100.00% 401:450 70,115 60.00% 0.00% 100.00% 451:500 51,238 73.84% 100.00% 96.92% 501:550 60,942 74.94% 96.82% 97.88% 551:600 67,026 78.13% 90.16% 96.92% 601:650 70,355 78.94% 82.96% 96.14% 651:700 74,806 77.55% 82.43% 93.71% 701:750 68,786 75.87% 83.43% 94.58% 751:800 49,391 69.88% 85.35% 96.18% 801:850 46,716 70.50% 100.00% 100.00% ------ ----- ------ ------ Total: 66,937 77.43% 87.36% 96.13% ====== ===== ====== ======
(1) Generally, FICO scores are determined at time of origination of the related Mortgage Loan; except that, in the case of Mortgage Loans from Institutional Bulk Portfolios, FICO scores are determined either at the time of origination or, if such score were unavailable or issued longer than three months prior to acquisition by CIT Consumer Finance or one of its affiliates, at the time of acquisition. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Property Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Property Type Loans Balance Outstanding Loans Coupon - ------------- --------- ------------------- ------------------- -------- Single Family 2,893 190,808,883.24 75.11% 9.39% Manufactured Housing 542 34,797,386.43 13.70% 9.64% PUD 120 13,275,261.69 5.23% 8.89% Multi Family 152 11,257,498.99 4.43% 9.30% Condo 64 3,125,526.55 1.23% 9.42% Townhouse 24 762,370.98 0.30% 10.53% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Property Type Outstanding Ratio Mortgage Loans Loans - ------------- ----------- ------------- --------------- ---------- Single Family 65,955 77.08% 86.93% 96.77% Manufactured Housing 64,202 80.43% 94.72% 97.90% PUD 110,627 78.63% 80.51% 95.21% Multi Family 74,062 73.37% 80.01% 82.27% Condo 48,836 74.35% 84.25% 91.01% Townhouse 31,765 77.21% 100.00% 97.63% ------- ----- ------ ----- Total: 66,937 77.43% 87.36% 96.13% ======= ===== ====== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Loan Purpose
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Loan Purpose Loans Balance Outstanding Loans Coupon - ------------ --------- ------------------- ------------------- -------- Refinance and/or Cashout 2,768 195,103,883.44 76.80% 9.28% Home Improvement 418 23,704,911.06 9.33% 9.50% Purchase 309 23,524,130.41 9.26% 9.80% Debt Consolidation 251 9,347,784.18 3.68% 10.33% Other 49 2,346,218.79 0.92% 10.41% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Loan Purpose Outstanding Ratio Mortgage Loans Loans - ------------ ----------- ------------- --------------- ---------- Refinance and/or Cashout 70,486 77.42% 88.95% 96.49% Home Improvement 56,710 76.66% 76.97% 93.37% Purchase 76,130 79.71% 89.80% 98.81% Debt Consolidation 37,242 74.44% 78.36% 90.91% Other 47,882 74.67% 71.16% 88.32% ------ ----- ----- ----- Total: 66,937 77.43% 87.36% 96.13% ====== ===== ===== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Occupancy Status
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Occupancy Status Loans Balance Outstanding Loans Coupon - ---------------- --------- ------------------- ------------------- -------- Owner Occupied 3,621 244,207,820.01 96.13% 9.38% Non-Owner Occupied 174 9,819,107.87 3.87% 9.72% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Occupancy Status Outstanding Ratio Mortgage Loans Loans - ---------------- ----------- ------------- --------------- ---------- Owner Occupied 67,442 77.49% 88.03% 100.00% Non-Owner Occupied 56,432 75.82% 70.79% 0.00% ------ ----- ----- ------ Total: 66,937 77.43% 87.36% 96.13% ====== ===== ===== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Borrower Income Documentation Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Documentation Type Loans Balance Outstanding Loans Coupon - ------------------ --------- ------------------- ------------------- -------- Full Documentation 3,460 221,915,519.16 87.36% 9.41% No Income Verification /Stated 316 29,952,070.28 11.79% 9.27% Lite Documentation 19 2,159,338.44 0.85% 9.58% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Documentation Type Outstanding Ratio Mortgage Loans Loans - ------------------ ----------- ------------- --------------- ---------- Full Documentation 64,137 77.57% 100.00% 96.87% No Income Verification/ Stated 94,785 76.40% 0.00% 90.55% Lite Documentation 113,649 76.89% 0.00% 98.20% ------- ----- ------ ----- Total: 66,937 77.43% 87.36% 96.13% ======= ===== ====== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Product Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Product Type Loans Balance Outstanding Loans Coupon ------------ --------- ------------------- ------------------- -------- Fixed <= 30 Yr 2,600 204,409,972.77 80.47% 9.30% Fixed <= 15 Yr 1,125 45,151,430.63 17.77% 9.69% Balloon 70 4,465,524.48 1.76% 10.87% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Product Type Outstanding Ratio Mortgage Loans Loans ------------ ----------- ------------- --------------- ---------- Fixed <= 30 Yr 78,619 78.42% 86.77% 95.87% Fixed <= 15 Yr 40,135 72.56% 89.19% 97.39% Balloon 63,793 80.59% 95.73% 95.58% ------ ----- ----- ----- Total: 66,937 77.43% 87.36% 96.13% ====== ===== ===== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group I Distribution by Lien Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Lien Type Loans Balance Outstanding Loans Coupon - ----------- --------- ------------------- ------------------- -------- First Lien 3,332 236,964,218.10 93.28% 9.28% Second Lien 463 17,062,709.78 6.72% 11.07% ----- -------------- ------ ----- Total: 3,795 254,026,927.88 100.00% 9.398% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Lien Type Outstanding Ratio Mortgage Loans Loans - ----------- ----------- ------------- --------------- ---------- First Lien 71,118 77.43% 88.17% 96.05% Second Lien 36,853 77.40% 76.03% 97.26% ------ ----- ----- ----- Total: 66,937 77.43% 87.36% 96.13% ====== ===== ===== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Mortgage Pool Characteristics Group II Mortgage Loans Number of loans: 1,247 Aggregate outstanding principal balance $117,180,907 Average outstanding principal balance: $93,970 Range of outstanding principal balance: $416 to $572,655 Range of mortgage rates: 3.88% to 14.55% Weighted average mortgage rate: 8.461% Range of original combined loan-to-value ratios: 0.00% to 100.00% Weighted average combined original loan-to- value ratio: 81.05% Range of remaining terms to stated maturity: 87 to 342 months Weighted average remaining term to stated maturity: 324 months Full documentation loans as a percentage of current balance: 88.07% Loan secured by owner occupied properties as a percentage of current balance: 95.35% Range of original term: 120 to 360 months Weighted average original term: 359 months Lien position: First 100.00%
CIT Home Equity Trust 2002-2 as of December 31, 2004 Group II Geographic Distribution of Mortgaged Properties
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average State Loans Balance Outstanding Loans Coupon - ----- --------- ------------------- ------------------- -------- Ohio 162 12,368,272.89 10.55% 8.45% North Carolina 152 11,316,638.02 9.66% 8.30% Texas 80 8,951,277.22 7.64% 9.10% Colorado 60 8,567,393.13 7.31% 8.42% California 31 6,794,847.67 5.80% 7.80% Florida 80 6,756,936.38 5.77% 8.27% Washington 44 5,986,628.22 5.11% 8.48% Pennsylvania 63 4,878,567.72 4.16% 8.41% Michigan 61 4,810,093.66 4.10% 8.83% Indiana 62 4,772,112.97 4.07% 8.05% Tennessee 55 4,377,314.13 3.74% 8.82% Georgia 40 3,550,169.07 3.03% 8.36% Arizona 37 3,356,042.69 2.86% 8.73% Illinois 26 2,754,909.24 2.35% 9.32% Kentucky 41 2,581,250.63 2.20% 8.49% Virginia 27 2,486,754.95 2.12% 7.91% Oregon 15 2,328,850.62 1.99% 8.22% Utah 14 2,304,819.76 1.97% 8.97% South Carolina 29 2,017,641.66 1.72% 8.24% Missouri 23 1,700,327.54 1.45% 9.36% Maryland 17 1,695,299.26 1.45% 7.58% New Jersey 16 1,577,250.94 1.35% 7.91% Oklahoma 21 1,515,552.34 1.29% 8.74% Nevada 12 1,467,558.30 1.25% 8.44% West Virginia 17 1,131,444.80 0.97% 8.16% New York 8 1,093,294.00 0.93% 7.97% Connecticut 4 850,914.47 0.73% 8.06% New Mexico 6 790,365.64 0.67% 9.05% Massachusetts 4 782,308.87 0.67% 7.17% Delaware 7 689,794.53 0.59% 9.33% Kansas 6 542,440.39 0.46% 9.03% Louisiana 5 489,136.83 0.42% 8.96% Wisconsin 6 445,524.42 0.38% 8.99% Iowa 3 388,879.06 0.33% 7.94% Idaho 5 355,515.48 0.30% 8.52% Mississippi 2 209,538.99 0.18% 8.73% Rhode Island 1 102,710.75 0.09% 9.76% Arkansas 1 94,886.63 0.08% 9.89% Montana 1 78,572.11 0.07% 9.63% New England 1 74,963.91 0.06% 9.81% Minnesota 1 72,087.73 0.06% 7.49% District of Columbia 1 72,019.51 0.06% 8.91% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage State Outstanding Ratio Mortgage Loans Loans - ----- ----------- ------------- --------------- ---------- Ohio 76,347 80.41% 90.56% 90.84% North Carolina 74,452 80.81% 92.20% 96.87% Texas 111,891 79.42% 76.37% 87.42% Colorado 142,790 82.74% 88.34% 99.48% California 219,189 79.45% 83.21% 100.00% Florida 84,462 81.95% 89.74% 95.66% Washington 136,060 81.10% 79.35% 94.51% Pennsylvania 77,438 80.52% 89.80% 95.66% Michigan 78,854 81.75% 95.53% 93.74% Indiana 76,970 81.82% 95.10% 97.93% Tennessee 79,588 80.20% 100.00% 96.50% Georgia 88,754 81.45% 90.89% 93.95% Arizona 90,704 82.85% 91.76% 97.19% Illinois 105,958 80.33% 82.35% 87.08% Kentucky 62,957 82.40% 89.12% 89.71% Virginia 92,102 83.53% 100.00% 100.00% Oregon 155,257 82.82% 71.97% 95.80% Utah 164,630 84.95% 100.00% 100.00% South Carolina 69,574 80.46% 96.43% 100.00% Missouri 73,927 82.25% 93.31% 96.59% Maryland 99,723 83.02% 92.96% 100.00% New Jersey 98,578 79.53% 93.96% 95.62% Oklahoma 72,169 83.26% 90.87% 95.32% Nevada 122,297 80.99% 65.15% 100.00% West Virginia 66,556 82.01% 100.00% 100.00% New York 136,662 77.49% 44.56% 95.26% Connecticut 212,729 72.88% 100.00% 90.96% New Mexico 131,728 79.59% 100.00% 100.00% Massachusetts 195,577 80.12% 28.73% 100.00% Delaware 98,542 80.66% 79.47% 100.00% Kansas 90,407 81.55% 86.03% 100.00% Louisiana 97,827 77.22% 63.04% 100.00% Wisconsin 74,254 69.54% 100.00% 87.90% Iowa 129,626 86.79% 100.00% 100.00% Idaho 71,103 74.78% 74.19% 100.00% Mississippi 104,769 87.29% 100.00% 100.00% Rhode Island 102,711 80.00% 100.00% 100.00% Arkansas 94,887 80.00% 100.00% 100.00% Montana 78,572 68.38% 0.00% 100.00% New England 74,964 86.90% 100.00% 100.00% Minnesota 72,088 74.85% 100.00% 100.00% District of Columbia 72,020 80.00% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Original Principal Balance
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Original Principal Balance Loans Balance Outstanding Loans Coupon - -------------------------- --------- ------------------- ------------------- -------- 20,000.01 - 30,000.00 10 255,171.39 0.22% 9.87% 30,000.01 - 40,000.00 59 2,059,902.29 1.76% 8.93% 40,000.01 - 50,000.00 100 4,404,263.67 3.76% 8.78% 50,000.01 - 60,000.00 149 8,033,448.98 6.86% 8.74% 60,000.01 - 70,000.00 155 9,871,749.26 8.42% 8.61% 70,000.01 - 80,000.00 155 11,383,752.78 9.71% 8.47% 80,000.01 - 90,000.00 128 10,628,122.80 9.07% 8.50% 90,000.01 - 100,000.00 93 8,663,153.68 7.39% 8.61% 100,000.01 - 120,000.00 131 13,978,533.02 11.93% 8.58% 120,000.01 - 140,000.00 76 9,587,493.35 8.18% 8.28% 140,000.01 - 160,000.00 57 8,036,701.58 6.86% 8.50% 160,000.01 - 180,000.00 34 5,583,203.51 4.76% 8.53% 180,000.01 - 200,000.00 20 3,703,444.28 3.16% 8.39% 200,000.01 - 220,000.00 18 3,573,157.33 3.05% 8.00% 220,000.01 - 240,000.00 13 2,715,638.09 2.32% 7.58% 240,000.01 - 260,000.00 15 3,638,647.73 3.11% 8.46% 260,000.01 - 280,000.00 9 2,313,944.66 1.97% 7.78% 280,000.01 - 300,000.00 7 1,960,937.72 1.67% 8.19% 300,000.01 - 320,000.00 4 1,222,327.33 1.04% 7.43% 320,000.01 - 340,000.00 2 658,225.13 0.56% 8.58% 340,000.01 - 360,000.00 1 356,651.21 0.30% 8.36% 360,000.01 - 380,000.00 2 714,312.34 0.61% 7.15% 380,000.01 - 400,000.00 5 1,922,837.20 1.64% 8.17% 400,000.01 - 450,000.00 2 852,135.98 0.73% 8.49% 450,000.01 - 500,000.00 1 490,496.41 0.42% 7.99% 500,000.01 - 600,000.00 1 572,655.41 0.49% 9.26% ----- -------------- ------ ------ Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ====== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Original Principal Balance Outstanding Ratio Mortgage Loans Loans - -------------------------- ----------- ------------- --------------- ---------- 20,000.01 - 30,000.00 25,517 62.56% 81.50% 89.60% 30,000.01 - 40,000.00 34,914 74.81% 92.95% 87.74% 40,000.01 - 50,000.00 44,043 77.13% 90.02% 85.13% 50,000.01 - 60,000.00 53,916 79.29% 95.99% 90.44% 60,000.01 - 70,000.00 63,689 79.22% 92.38% 92.89% 70,000.01 - 80,000.00 73,444 81.51% 91.78% 94.45% 80,000.01 - 90,000.00 83,032 80.81% 93.76% 93.80% 90,000.01 - 100,000.00 93,152 80.95% 91.37% 97.85% 100,000.01 - 120,000.00 106,706 81.49% 92.29% 97.08% 120,000.01 - 140,000.00 126,151 81.79% 76.19% 96.24% 140,000.01 - 160,000.00 140,995 83.09% 87.23% 100.00% 160,000.01 - 180,000.00 164,212 82.69% 85.17% 97.08% 180,000.01 - 200,000.00 185,172 80.87% 75.63% 95.35% 200,000.01 - 220,000.00 198,509 81.59% 77.13% 100.00% 220,000.01 - 240,000.00 208,895 84.22% 91.70% 91.70% 240,000.01 - 260,000.00 242,577 82.89% 86.86% 93.36% 260,000.01 - 280,000.00 257,105 83.98% 76.61% 100.00% 280,000.01 - 300,000.00 280,134 82.11% 70.66% 100.00% 300,000.01 - 320,000.00 305,582 83.56% 100.00% 100.00% 320,000.01 - 340,000.00 329,113 80.99% 100.00% 100.00% 340,000.01 - 360,000.00 356,651 80.00% 0.00% 100.00% 360,000.01 - 380,000.00 357,156 76.93% 100.00% 100.00% 380,000.01 - 400,000.00 384,567 81.92% 79.94% 100.00% 400,000.01 - 450,000.00 426,068 75.64% 49.03% 100.00% 450,000.01 - 500,000.00 490,496 90.00% 100.00% 100.00% 500,000.01 - 600,000.00 572,655 79.99% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Current Principal Balance
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Current Principal Balance Loans Balance Outstanding Loans Coupon - ------------------------- --------- ------------------- ------------------- -------- .01 - 10,000.00 4 4,086.06 0.00% 8.58% 10,000.01 - 20,000.00 1 17,189.06 0.01% 8.02% 20,000.01 - 30,000.00 11 296,539.64 0.25% 9.77% 30,000.01 - 40,000.00 66 2,351,868.63 2.01% 8.88% 40,000.01 - 50,000.00 107 4,844,035.82 4.13% 8.79% 50,000.01 - 60,000.00 144 7,883,904.60 6.73% 8.71% 60,000.01 - 70,000.00 160 10,369,883.02 8.85% 8.59% 70,000.01 - 80,000.00 155 11,579,826.39 9.88% 8.43% 80,000.01 - 90,000.00 128 10,884,275.17 9.29% 8.57% 90,000.01 - 100,000.00 92 8,742,544.43 7.46% 8.57% 100,000.01 - 120,000.00 126 13,688,266.82 11.68% 8.55% 120,000.01 - 140,000.00 71 9,159,377.38 7.82% 8.27% 140,000.01 - 160,000.00 59 8,758,185.88 7.47% 8.48% 160,000.01 - 180,000.00 32 5,396,315.24 4.61% 8.36% 180,000.01 - 200,000.00 19 3,613,294.89 3.08% 8.20% 200,000.01 - 220,000.00 18 3,750,743.69 3.20% 7.99% 220,000.01 - 240,000.00 12 2,771,649.46 2.37% 7.73% 240,000.01 - 260,000.00 12 2,960,074.03 2.53% 8.54% 260,000.01 - 280,000.00 7 1,878,461.21 1.60% 8.34% 280,000.01 - 300,000.00 5 1,440,744.70 1.23% 8.52% 300,000.01 - 320,000.00 4 1,222,327.33 1.04% 7.43% 320,000.01 - 340,000.00 2 658,225.13 0.56% 8.58% 340,000.01 - 360,000.00 2 708,546.92 0.60% 7.68% 360,000.01 - 380,000.00 3 1,108,883.53 0.95% 7.59% 380,000.01 - 400,000.00 3 1,176,370.30 1.00% 8.45% 400,000.01 - 450,000.00 2 852,135.98 0.73% 8.49% 450,000.01 - 500,000.00 1 490,496.41 0.42% 7.99% 550,000.01 - 600,000.00 1 572,655.41 0.49% 9.26% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Current Principal Balance Outstanding Ratio Mortgage Loans Loans - ------------------------- ----------- ------------- --------------- ---------- .01 - 10,000.00 1,022 77.30% 100.00% 100.00% 10,000.01 - 20,000.00 17,189 56.41% 100.00% 100.00% 20,000.01 - 30,000.00 26,958 66.36% 84.08% 91.05% 30,000.01 - 40,000.00 35,634 74.76% 93.83% 87.57% 40,000.01 - 50,000.00 45,271 77.20% 90.93% 86.29% 50,000.01 - 60,000.00 54,749 79.76% 93.76% 90.14% 60,000.01 - 70,000.00 64,812 79.26% 91.85% 91.28% 70,000.01 - 80,000.00 74,709 81.50% 92.82% 95.42% 80,000.01 - 90,000.00 85,033 81.03% 93.73% 94.59% 90,000.01 - 100,000.00 95,028 80.93% 92.36% 97.78% 100,000.01 - 120,000.00 108,637 81.39% 90.26% 96.86% 120,000.01 - 140,000.00 129,005 82.32% 78.93% 97.35% 140,000.01 - 160,000.00 148,444 83.10% 88.28% 100.00% 160,000.01 - 180,000.00 168,635 80.94% 78.29% 93.79% 180,000.01 - 200,000.00 190,173 80.85% 84.54% 100.00% 200,000.01 - 220,000.00 208,375 83.46% 78.21% 100.00% 220,000.01 - 240,000.00 230,971 83.44% 83.33% 91.87% 240,000.01 - 260,000.00 246,673 83.44% 91.84% 91.84% 260,000.01 - 280,000.00 268,352 83.75% 71.19% 100.00% 280,000.01 - 300,000.00 288,149 81.82% 60.06% 100.00% 300,000.01 - 320,000.00 305,582 83.56% 100.00% 100.00% 320,000.01 - 340,000.00 329,113 80.99% 100.00% 100.00% 340,000.01 - 360,000.00 354,273 85.31% 49.66% 100.00% 360,000.01 - 380,000.00 369,628 76.23% 100.00% 100.00% 380,000.01 - 400,000.00 392,123 81.62% 67.21% 100.00% 400,000.01 - 450,000.00 426,068 75.64% 49.03% 100.00% 450,000.01 - 500,000.00 490,496 90.00% 100.00% 100.00% 550,000.01 - 600,000.00 572,655 79.99% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Months to Next Rate Reset
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Months to Mortgage Aggregate Principal Balance of Mortgage Average Next Rate Reset Loans Balance Outstanding Loans Coupon - --------------- --------- ------------------- ------------------- -------- 1 - 6 1,185 112,170,271.57 95.72% 8.46% 7 - 12 61 5,010,219.92 4.28% 8.48% 325 - 330 * 1 415.64 0.00% 8.42% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Months to Balance Loan-to-Value Documentation Mortgage Next Rate Reset Outstanding Ratio Mortgage Loans Loans - --------------- ----------- ------------- --------------- ---------- 1 - 6 94,658 81.07% 88.28% 95.24% 7 - 12 82,135 80.48% 83.30% 97.85% 325 - 330 * 416 85.13% 100.00% 100.00% ------ ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ====== ===== ====== ======
* (1) ARM loan converted to a long-term fixed rate. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Current Mortgage Rates
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Mortgage Rates Loans Balance Outstanding Loans Coupon - -------------- --------- ------------------- ------------------- -------- 3.501% - 4.000% 2 428,263.02 0.37% 3.94% 4.001% - 4.500% 3 448,161.25 0.38% 4.22% 4.501% - 5.000% 3 309,342.83 0.26% 4.89% 5.001% - 5.500% 2 322,496.31 0.28% 5.04% 5.501% - 6.000% 6 608,197.31 0.52% 5.96% 6.001% - 6.500% 9 1,081,746.59 0.92% 6.44% 6.501% - 7.000% 37 4,564,337.73 3.90% 6.85% 7.001% - 7.500% 95 9,956,880.68 8.50% 7.32% 7.501% - 8.000% 181 18,556,946.52 15.84% 7.83% 8.001% - 8.500% 270 24,309,669.82 20.75% 8.30% 8.501% - 9.000% 289 26,434,532.41 22.56% 8.76% 9.001% - 9.500% 171 15,344,725.85 13.09% 9.24% 9.501% - 10.000% 106 9,291,460.04 7.93% 9.76% 10.001% - 10.500% 39 3,029,401.27 2.59% 10.25% 10.501% - 11.000% 21 1,656,198.55 1.41% 10.75% 11.001% - 11.500% 5 340,416.15 0.29% 11.29% 11.501% - 12.000% 3 130,973.53 0.11% 11.55% 12.001% - 12.500% 1 29,754.94 0.03% 12.20% 12.501% - 13.000% 2 272,828.48 0.23% 12.60% 13.501% - 14.000% 1 35,399.75 0.03% 13.95% 14.501% - 15.000% 1 29,174.10 0.02% 14.55% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Mortgage Rates Outstanding Ratio Mortgage Loans Loans - -------------- ----------- ------------- --------------- ---------- 3.501% - 4.000% 214,132 84.77% 100.00% 100.00% 4.001% - 4.500% 149,387 74.47% 100.00% 100.00% 4.501% - 5.000% 103,114 82.33% 100.00% 100.00% 5.001% - 5.500% 161,248 76.54% 100.00% 100.00% 5.501% - 6.000% 101,366 80.52% 100.00% 80.11% 6.001% - 6.500% 120,194 79.05% 100.00% 100.00% 6.501% - 7.000% 123,360 85.03% 100.00% 97.79% 7.001% - 7.500% 104,809 82.46% 89.65% 97.78% 7.501% - 8.000% 102,525 82.98% 83.46% 93.50% 8.001% - 8.500% 90,036 82.36% 86.28% 96.34% 8.501% - 9.000% 91,469 79.77% 83.25% 95.49% 9.001% - 9.500% 89,735 80.11% 95.21% 95.64% 9.501% - 10.000% 87,655 77.46% 86.60% 92.05% 10.001% - 10.500% 77,677 79.49% 95.38% 93.45% 10.501% - 11.000% 78,867 80.11% 100.00% 92.93% 11.001% - 11.500% 68,083 68.54% 100.00% 100.00% 11.501% - 12.000% 43,658 75.00% 100.00% 100.00% 12.001% - 12.500% 29,755 63.00% 100.00% 100.00% 12.501% - 13.000% 136,414 79.24% 100.00% 100.00% 13.501% - 14.000% 35,400 60.00% 100.00% 100.00% 14.501% - 15.000% 29,174 65.00% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Gross Margin
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Gross Margin Loans Balance Outstanding Loans Coupon - ------------ --------- ------------------- ------------------- -------- 2.501% - 3.000% 11 1,638,765.34 1.40% 4.95% 3.001% - 3.500% 4 241,025.79 0.21% 6.42% 3.501% - 4.000% 3 345,480.02 0.29% 7.17% 4.001% - 4.500% 2 193,676.31 0.17% 7.36% 4.501% - 5.000% 6 413,336.64 0.35% 8.44% 5.001% - 5.500% 110 10,014,355.03 8.55% 7.34% 5.501% - 6.000% 176 15,244,341.39 13.01% 7.92% 6.001% - 6.500% 231 23,913,952.33 20.41% 8.22% 6.501% - 7.000% 388 35,062,994.30 29.92% 8.63% 7.001% - 7.500% 166 16,376,365.50 13.98% 9.00% 7.501% - 8.000% 106 10,024,972.60 8.56% 9.53% 8.001% - 8.500% 26 2,119,401.31 1.81% 9.91% 8.501% - 9.000% 10 976,311.44 0.83% 10.38% 9.001% - 9.500% 7 447,894.66 0.38% 11.04% 10.501% - 11.000% 1 168,034.47 0.14% 12.53% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Gross Margin Outstanding Ratio Mortgage Loans Loans - ------------ ----------- ------------- --------------- ---------- 2.501% - 3.000% 148,979 80.08% 100.00% 100.00% 3.001% - 3.500% 60,256 81.17% 100.00% 100.00% 3.501% - 4.000% 115,160 77.93% 100.00% 100.00% 4.001% - 4.500% 96,838 64.04% 100.00% 100.00% 4.501% - 5.000% 68,889 80.81% 100.00% 100.00% 5.001% - 5.500% 91,040 82.18% 96.16% 97.16% 5.501% - 6.000% 86,616 81.46% 72.95% 89.58% 6.001% - 6.500% 103,524 83.64% 89.03% 95.13% 6.501% - 7.000% 90,369 80.36% 88.49% 97.83% 7.001% - 7.500% 98,653 80.19% 90.89% 94.08% 7.501% - 8.000% 94,575 78.46% 88.73% 95.10% 8.001% - 8.500% 81,515 78.13% 93.03% 93.03% 8.501% - 9.000% 97,631 81.67% 95.28% 95.28% 9.001% - 9.500% 63,985 71.21% 100.00% 100.00% 10.501% - 11.000% 168,034 85.00% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Maximum Mortgage Rates
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Mortgage Rates Loans Balance Outstanding Loans Coupon - -------------- --------- ------------------- ------------------- -------- 5.501% - 7.000% 3 194,216.79 0.17% 6.43% 6.501% - 7.000% 1 219,193.84 0.19% 6.62% 7.501% - 8.000% 1 134,243.03 0.11% 7.72% 10.501% - 11.000% 6 972,395.58 0.83% 6.07% 11.001% - 11.500% 7 857,822.57 0.73% 6.23% 11.501% - 12.000% 14 1,756,241.48 1.50% 7.71% 12.001% - 12.500% 40 4,447,008.32 3.79% 7.88% 12.501% - 13.000% 101 12,568,785.34 10.73% 7.75% 13.001% - 13.500% 123 13,904,496.21 11.87% 7.96% 13.501% - 14.000% 202 20,273,900.72 17.30% 8.24% 14.001% - 14.500% 227 20,629,698.65 17.60% 8.60% 14.501% - 15.000% 190 16,913,558.42 14.43% 8.86% 15.001% - 15.500% 113 8,762,531.58 7.48% 9.05% 15.501% - 16.000% 82 5,903,338.43 5.04% 9.19% 16.001% - 16.500% 44 3,308,345.06 2.82% 9.52% 16.501% - 17.000% 36 2,254,966.08 1.92% 9.41% 17.001% - 17.500% 22 1,572,702.75 1.34% 9.03% 17.501% - 18.000% 24 1,771,834.42 1.51% 9.90% 18.001% - 18.500% 2 122,703.47 0.10% 9.97% 18.501% - 19.000% 5 413,801.59 0.35% 9.50% 19.001% - 19.500% 1 29,754.94 0.03% 12.20% 19.501% - 20.000% 1 104,794.01 0.09% 12.70% 20.501% - 21.000% 2 64,573.85 0.06% 14.22% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Mortgage Rates Outstanding Ratio Mortgage Loans Loans - -------------- ----------- ------------- --------------- ---------- 5.501% - 7.000% 64,739 80.87% 100.00% 58.86% 6.501% - 7.000% 219,194 93.00% 100.00% 100.00% 7.501% - 8.000% 134,243 86.26% 100.00% 100.00% 10.501% - 11.000% 162,066 86.84% 100.00% 100.00% 11.001% - 11.500% 122,546 78.66% 100.00% 100.00% 11.501% - 12.000% 125,446 77.86% 89.71% 100.00% 12.001% - 12.500% 111,175 83.06% 89.65% 100.00% 12.501% - 13.000% 124,443 82.46% 92.28% 97.39% 13.001% - 13.500% 113,045 82.75% 83.04% 95.82% 13.501% - 14.000% 100,366 82.80% 91.28% 94.91% 14.001% - 14.500% 90,880 80.63% 82.75% 95.65% 14.501% - 15.000% 89,019 79.66% 80.27% 92.85% 15.001% - 15.500% 77,545 79.71% 91.77% 92.37% 15.501% - 16.000% 71,992 77.13% 93.43% 95.14% 16.001% - 16.500% 75,190 79.74% 97.80% 96.03% 16.501% - 17.000% 62,638 75.95% 95.11% 92.23% 17.001% - 17.500% 71,486 77.15% 100.00% 100.00% 17.501% - 18.000% 73,826 83.45% 96.61% 96.42% 18.001% - 18.500% 61,352 82.27% 100.00% 100.00% 18.501% - 19.000% 82,760 81.66% 100.00% 100.00% 19.001% - 19.500% 29,755 63.00% 100.00% 100.00% 19.501% - 20.000% 104,794 70.00% 100.00% 100.00% 20.501% - 21.000% 32,287 62.26% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Months to Next Rate Reset Date
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Months of Mortgage Aggregate Principal Balance of Mortgage Average Next Reset Date Loans Balance Outstanding Loans Coupon - --------------- --------- ------------------- ------------------- -------- February-2005 108 9,616,713.59 8.21% 8.57% March-2005 401 37,934,859.60 32.37% 8.40% April-2005 356 32,185,321.41 27.47% 8.64% May-2005 96 9,098,638.52 7.76% 8.57% June-2005 104 12,102,962.80 10.33% 8.26% July-2005 120 11,231,775.65 9.58% 8.20% August-2005 56 4,561,002.07 3.89% 8.50% October-2005 2 206,504.63 0.18% 8.42% November-2005 2 70,884.02 0.06% 8.34% December-2005 1 171,829.20 0.15% 7.99% July-2032 1 415.64 0.00% 8.42% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Months of Balance Loan-to-Value Documentation Mortgage Next Reset Date Outstanding Ratio Mortgage Loans Loans - --------------- ----------- ------------- --------------- ---------- February-2005 89,044 82.91% 91.23% 91.77% March-2005 94,601 80.94% 85.44% 94.24% April-2005 90,408 80.02% 85.34% 94.34% May-2005 94,777 81.76% 95.70% 97.36% June-2005 116,375 81.61% 91.51% 98.61% July-2005 93,598 81.85% 94.26% 98.76% August-2005 81,446 81.18% 85.42% 97.64% October-2005 103,252 81.45% 100.00% 100.00% November-2005 35,442 70.48% 100.00% 100.00% December-2005 171,829 64.87% 0.00% 100.00% July-2032 416 85.13% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
* (1) ARM loan converted to a long-term fixed rate. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Remaining Months to Stated Maturity
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Remaining Months Mortgage Aggregate Principal Balance of Mortgage Average to Stated Maturity Loans Balance Outstanding Loans Coupon - ------------------ --------- ------------------- ------------------- -------- 85 - 96 3 219,695.56 0.19% 8.42% 97 - 108 1 17,189.06 0.01% 8.02% 133 - 144 1 40,269.26 0.03% 8.36% 145 - 156 6 375,295.51 0.32% 8.35% 181 - 192 1 997.08 0.00% 8.85% 193 - 204 1 246,399.17 0.21% 7.88% 205 - 216 4 305,585.27 0.26% 6.69% 229 - 240 13 1,475,865.58 1.26% 5.23% 241 - 252 2 273,553.58 0.23% 4.80% 253 - 264 10 643,606.22 0.55% 9.10% 265 - 276 13 1,060,418.69 0.90% 8.66% 277 - 288 12 1,063,235.29 0.91% 9.41% 289 - 300 3 442,206.19 0.38% 7.79% 301 - 312 20 1,228,872.98 1.05% 9.87% 313 - 324 140 12,826,088.98 10.95% 8.50% 325 - 336 985 93,807,282.53 80.05% 8.48% 337 - 348 32 3,154,346.18 2.69% 8.84% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Remaining Months Balance Loan-to-Value Documentation Mortgage to Stated Maturity Outstanding Ratio Mortgage Loans Loans - ------------------ ----------- ------------- --------------- ---------- 85 - 96 73,232 78.77% 24.44% 100.00% 97 - 108 17,189 56.41% 100.00% 100.00% 133 - 144 40,269 70.94% 0.00% 100.00% 145 - 156 62,549 79.74% 48.41% 48.41% 181 - 192 997 75.28% 100.00% 100.00% 193 - 204 246,399 75.00% 100.00% 100.00% 205 - 216 76,396 76.03% 100.00% 100.00% 229 - 240 113,528 80.58% 100.00% 100.00% 241 - 252 136,777 78.31% 100.00% 100.00% 253 - 264 64,361 71.24% 100.00% 100.00% 265 - 276 81,571 78.81% 83.80% 100.00% 277 - 288 88,603 82.71% 100.00% 100.00% 289 - 300 147,402 81.46% 100.00% 100.00% 301 - 312 61,444 73.14% 95.12% 100.00% 313 - 324 91,615 80.37% 95.67% 95.87% 325 - 336 95,236 81.36% 86.91% 95.00% 337 - 348 98,573 81.57% 83.43% 98.74% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Number of Months of Seasoning (1)
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Months of Seasoning Loans Balance Outstanding Loans Coupon - ------------------- --------- ------------------- ------------------- -------- 31 - 36 838 78,949,744.21 67.37% 8.48% 37 - 42 243 25,164,087.01 21.47% 8.47% 43 - 48 59 4,268,979.29 3.64% 8.60% 49 - 54 20 1,453,179.38 1.24% 8.93% 55 - 60 22 1,389,207.20 1.19% 9.97% 61 - 66 4 204,092.89 0.17% 8.96% 67 - 72 4 259,076.57 0.22% 8.62% 73 - 78 2 390,352.95 0.33% 7.78% 79 - 84 1 99,953.90 0.09% 7.33% 85 - 90 16 1,288,491.88 1.10% 8.65% 91 - 96 7 654,468.60 0.56% 9.65% 97 - 102 2 165,333.89 0.14% 8.38% 103 - 108 3 167,056.58 0.14% 8.50% 109 - 114 9 562,793.27 0.48% 9.54% 121 - 126 9 1,358,934.43 1.16% 5.64% 127 - 132 7 636,883.90 0.54% 5.21% 151 - 156 1 168,271.18 0.14% 4.87% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-value Documentation Mortgage Months of Seasoning Outstanding Ratio Mortgage Loans Loans - ------------------- ----------- ------------- --------------- ---------- 31 - 36 94,212 81.17% 85.56% 94.36% 37 - 42 103,556 81.78% 91.20% 97.22% 43 - 48 72,356 80.13% 96.73% 94.42% 49 - 54 72,659 80.76% 100.00% 96.01% 55 - 60 63,146 72.68% 100.00% 100.00% 61 - 66 51,023 81.02% 100.00% 100.00% 67 - 72 64,769 75.37% 76.85% 100.00% 73 - 78 195,176 79.74% 100.00% 100.00% 79 - 84 99,954 85.92% 100.00% 100.00% 85 - 90 80,531 80.88% 86.66% 100.00% 91 - 96 93,496 81.36% 100.00% 100.00% 97 - 102 82,667 75.02% 100.00% 100.00% 103 - 108 55,686 78.48% 100.00% 100.00% 109 - 114 62,533 70.56% 100.00% 100.00% 121 - 126 150,993 81.41% 100.00% 100.00% 127 - 132 90,983 75.72% 100.00% 100.00% 151 - 156 168,271 80.00% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
(1) Seasoning calculated from each Mortgage Loan's interest start date, based upon a calendar month deemed to have 30 days, and a calendar year deemed to have 360 days. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Combined Loan-to-Value Ratio (1)
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Combined Mortgage Aggregate Principal Balance of Mortgage Average Loan-to-Value Ratio Loans Balance Outstanding Loans Coupon - ------------------- --------- ------------------- ------------------- -------- Not Available 2 81,931.71 0.07% 8.66% 20.01 - 25.00 1 26,231.32 0.02% 9.20% 25.01 - 30.00 1 48,831.26 0.04% 10.10% 30.01 - 35.00 1 46,846.51 0.04% 4.12% 35.01 - 40.00 2 163,985.45 0.14% 7.99% 40.01 - 45.00 3 171,812.32 0.15% 9.11% 45.01 - 50.00 10 567,937.88 0.48% 8.52% 50.01 - 55.00 8 644,552.53 0.55% 8.89% 55.01 - 60.00 12 928,750.59 0.79% 9.14% 60.01 - 65.00 24 2,145,557.91 1.83% 8.23% 65.01 - 70.00 49 3,962,653.05 3.38% 9.06% 70.01 - 75.00 134 10,819,779.50 9.23% 8.94% 75.01 - 80.00 354 32,875,256.30 28.06% 8.58% 80.01 - 85.00 319 28,543,323.43 24.36% 8.45% 85.01 - 90.00 285 29,982,183.29 25.59% 8.19% 90.01 - 95.00 39 5,817,962.36 4.96% 7.79% 95.01 - 100.00 3 353,311.72 0.30% 10.46% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Combined Balance Loan-to-Value Documentation Mortgage Loan-to-Value Ratio Outstanding Ratio Mortgage Loans Loans - ------------------- ----------- ------------- --------------- ---------- Not Available 40,966 0.00% 100.00% 100.00% 20.01 - 25.00 26,231 20.88% 0.00% 100.00% 25.01 - 30.00 48,831 28.00% 100.00% 100.00% 30.01 - 35.00 46,847 35.00% 100.00% 100.00% 35.01 - 40.00 81,993 38.22% 0.00% 100.00% 40.01 - 45.00 57,271 42.60% 59.51% 100.00% 45.01 - 50.00 56,794 48.15% 94.40% 100.00% 50.01 - 55.00 80,569 53.53% 48.07% 100.00% 55.01 - 60.00 77,396 58.59% 60.30% 100.00% 60.01 - 65.00 89,398 63.56% 83.01% 91.41% 65.01 - 70.00 80,870 68.57% 63.42% 96.06% 70.01 - 75.00 80,745 73.94% 85.02% 94.62% 75.01 - 80.00 92,868 79.11% 84.12% 92.49% 80.01 - 85.00 89,478 82.97% 90.25% 94.20% 85.01 - 90.00 105,201 87.17% 94.83% 98.65% 90.01 - 95.00 149,179 91.29% 100.00% 100.00% 95.01 - 100.00 117,771 100.00% 100.00% 100.00% ------- ------ ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ====== ====== ======
(1) The Combined Loan-to-Value Ratios for the first lien mortgages do not reflect the principal balance of any second lien mortgages, including those financed by CIT Consumer Finance or any of its affiliates. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Borrower FICO Score (1)
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Borrower FICO Score Loans Balance Outstanding Loans Coupon - ------------------- --------- ------------------- ------------------- -------- Not available 9 717,836.32 0.61% 8.86% 000 - 350 3 315,300.85 0.27% 9.44% 451 - 500 10 785,144.42 0.67% 9.63% 501 - 550 158 12,355,503.15 10.54% 9.12% 551 - 600 576 50,748,975.85 43.31% 8.59% 601 - 650 354 36,380,711.98 31.05% 8.27% 651 - 700 100 12,341,025.60 10.53% 8.12% 701 - 750 28 2,323,179.85 1.98% 7.17% 751 - 800 9 1,213,229.11 1.04% 6.89% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Borrower FICO Score Outstanding Ratio Mortgage Loans Loans - ------------------- ----------- ------------- --------------- ---------- Not available 79,760 76.24% 74.75% 100.00% 000 - 350 105,100 81.42% 100.00% 100.00% 451 - 500 78,514 78.49% 91.38% 100.00% 501 - 550 78,199 76.30% 93.76% 98.70% 551 - 600 88,106 81.04% 91.96% 97.15% 601 - 650 102,770 82.11% 84.86% 92.35% 651 - 700 123,410 83.52% 77.85% 93.51% 701 - 750 82,971 78.34% 72.50% 88.94% 751 - 800 134,803 82.41% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
(1) Generally, FICO scores are determined at time of origination of the related Mortgage Loan; except that, in the case of Mortgage Loans from Institutional Bulk Portfolios, FICO scores are determined either at the time of origination or, if such score were unavailable or issued longer than three months prior to acquisition by CIT Consumer Finance or one of its affiliates, at the time of acquisition. CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Property Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Property Type Loans Balance Outstanding Loans Coupon - ------------- --------- ------------------- ------------------- -------- Single Family 817 79,468,338.15 67.82% 8.43% Manufactured Housing 301 23,180,595.70 19.78% 8.53% PUD 38 5,812,481.17 4.96% 8.71% 2-4 Family 54 5,046,307.92 4.31% 8.56% Condo 37 3,673,184.19 3.13% 8.15% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Property Type Outstanding Ratio Mortgage Loans Loans - ------------- ----------- ------------- --------------- ---------- Single Family 97,268 80.90% 87.86% 96.26% Manufactured Housing 77,012 82.17% 94.57% 96.82% PUD 152,960 81.51% 80.45% 95.16% 2-4 Family 93,450 77.31% 79.65% 73.27% Condo 99,275 81.51% 75.02% 96.87% ------- ----- ----- ----- Total: 93,970 81.05% 88.07% 95.35% ======= ===== ===== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Loan Purpose
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Loan Purpose Loans Balance Outstanding Loans Coupon - ------------ --------- ------------------- ------------------- -------- Refinance and/or Cashout 883 84,182,139.79 71.84% 8.49% Purchase 202 18,746,195.27 16.00% 8.45% Home Improvement 138 12,504,961.02 10.67% 8.29% Debt Consolidation 23 1,695,527.04 1.45% 8.40% Other 1 52,084.01 0.04% 7.92% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Loan Purpose Outstanding Ratio Mortgage Loans Loans - ------------ ----------- ------------- --------------- ---------- Refinance and/or Cashout 95,337 81.16% 87.90% 95.83% Purchase 92,803 81.65% 94.65% 93.14% Home Improvement 90,616 79.95% 79.08% 96.23% Debt Consolidation 73,719 76.87% 89.66% 92.18% Other 52,084 81.92% 100.00% 0.00% ------ ----- ------ ----- Total: 93,970 81.05% 88.07% 95.35% ====== ===== ====== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Occupancy Status
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Occupancy Status Loans Balance Outstanding Loans Coupon - ---------------- --------- ------------------- ------------------- -------- Owner Occupied 1,169 111,728,545.22 95.35% 8.45% Non-Owner Occupied 78 5,452,361.91 4.65% 8.62% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Occupancy Status Outstanding Ratio Mortgage Loans Loans - ---------------- ----------- ------------- --------------- ---------- Owner Occupied 95,576 81.16% 89.19% 100.00% Non-Owner Occupied 69,902 78.72% 64.96% 0.00% ------ ----- ----- ------ Total: 93,970 81.05% 88.07% 95.35% ====== ===== ===== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Borrower Income Documentation Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Documentation Type Loans Balance Outstanding Loans Coupon - ------------------ --------- ------------------- ------------------- -------- Full Documentation 1,125 103,196,787.46 88.07% 8.456% No Income Verification/Stated 116 13,411,641.90 11.45% 8.511% Lite Documentation 6 572,477.77 0.49% 8.287% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Documentation Type Outstanding Ratio Mortgage Loans Loans - ------------------ ----------- ------------- --------------- ---------- Full Documentation 91,730 81.71% 100.00% 96.57% No Income Verification/Stated 115,618 76.03% 0.00% 86.35% Lite Documentation 95,413 79.93% 0.00% 86.05% ------- ----- ------ ----- Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== =====
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Product Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Product Type Loans Balance Outstanding Loans Coupon - ------------ --------- ------------------- ------------------- -------- 2/28 ARM 761 66,414,520.75 56.68% 8.65% 3/27 ARM 411 44,331,347.13 37.83% 8.23% 6 mo LIBOR 61 4,927,726.04 4.21% 8.94% 12 mo CMT 11 1,323,957.87 1.13% 5.16% 1/29 ARM 3 183,355.34 0.16% 8.42% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Product Type Outstanding Ratio Mortgage Loans Loans - ------------ ----------- ------------- --------------- ---------- 2/28 ARM 87,273 80.83% 88.64% 94.45% 3/27 ARM 107,862 81.77% 85.47% 96.01% 6 mo LIBOR 80,782 77.29% 100.00% 100.00% 12 mo CMT 120,360 82.06% 100.00% 100.00% 1/29 ARM 61,118 76.87% 100.00% 100.00% ------- ----- ------ ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ====== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Index Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Index Type Loans Balance Outstanding Loans Coupon - ---------- --------- ------------------- ------------------- -------- Libor - 6 Month 1,233 115,626,505.45 98.67% 8.50% Treasury - 1 Year 14 1,554,401.68 1.33% 5.57% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Index Type Outstanding Ratio Mortgage Loans Loans - ---------- ----------- ------------- --------------- ---------- Libor - 6 Month 93,777 81.07% 88.05% 95.28% Treasury - 1 Year 111,029 79.87% 88.95% 100.00% ------- ----- ----- ------ Total: 93,970 81.05% 88.07% 95.35% ======= ===== ===== ======
CIT Home Equity Loan Trust 2002-2 as of December 31, 2004 Group II Distribution by Lien Type
Percentage of Mortgage Pool by Number of Aggregate Principal Weighted Mortgage Aggregate Principal Balance of Mortgage Average Lien Type Loans Balance Outstanding Loans Coupon - --------- --------- ------------------- ------------------- -------- First Lien 1,247 117,180,907.13 100.00% 8.46% ----- -------------- ------ ----- Total: 1,247 117,180,907.13 100.00% 8.461% ===== ============== ====== ===== Weighted Percent of Average Average Owner- Principal Combined Percent of Full Occupied Balance Loan-to-Value Documentation Mortgage Lien Type Outstanding Ratio Mortgage Loans Loans - --------- ----------- ------------- --------------- ---------- First Lien 93,970 81.05% 88.07% 95.35% ------ ----- ----- ----- Total: 93,970 81.05% 88.07% 95.35% ====== ===== ===== =====
-----END PRIVACY-ENHANCED MESSAGE-----