-----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, UYeqAMGAO0wv86evuvVnlmcL4PIZ/2SPrWs7e5tdp4FTQ28eiBw4/0yYRtB/ZeEx racIfZdr6nQ57faeNoF8Ng== 0001056404-05-003067.txt : 20050901 0001056404-05-003067.hdr.sgml : 20050901 20050901162226 ACCESSION NUMBER: 0001056404-05-003067 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050825 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050901 DATE AS OF CHANGE: 20050901 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN HOME MORTGAGE INVESTMENT TRUST 2004-2 CENTRAL INDEX KEY: 0001296180 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: 333-112273-02 FILM NUMBER: 051065016 BUSINESS ADDRESS: STREET 1: 520 BROADHOLLOW RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163967700 8-K 1 ahm04002_10508.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-112273-02 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (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 (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2005 a distribution was made to holders of AMERICAN HOME MORTGAGE INVESTMENT TRUST, Mortgage-Backed Notes, Series 2004-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the August 25, 2005 distribution. 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. AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes, Series 2004-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Indenture Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2004-2 Trust, relating to the August 25, 2005 distribution. EX-99.1
AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 7/29/2005 Distribution Date: 8/25/2005 AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Series 2004-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution I-A 02660TAV5 SEN 3.81000% 181,097,186.00 594,149.68 II-A 02660TAW3 SEN 3.77000% 141,948,147.64 445,953.76 III-A 02660TAX1 SEN 4.34000% 87,410,393.14 316,134.26 IV-A-1 02660TAY9 SEN 2.44000% 34,262,217.71 69,666.51 IV-A-2 02660TAZ6 SEN 3.63500% 52,675,000.00 159,561.35 IV-A-3 02660TBA0 SEN 4.55000% 97,028,000.00 367,897.83 IV-A-4 02660TBB8 SEN 4.55000% 54,126,000.00 205,227.75 IV-A-5 02660TBC6 SEN 4.55000% 61,208,000.00 232,080.33 IV-A-6 02660TBD4 SEN 4.55000% 105,751,000.00 400,972.54 V-A 02660TBE2 SEN 5.50000% 68,771,348.22 315,202.01 M-1 02660TBF9 MEZ 4.06000% 44,880,000.00 156,905.47 M-2 02660TBG7 MEZ 4.91000% 13,808,000.00 58,380.99 M-3 02660TBH5 MEZ 5.96000% 8,285,500.00 42,523.03 N 02660TBJ1 MEZ 5.50000% 0.00 0.00 OT AHM0402OT OT 0.00000% 0.00 588,346.16 OC OC 0.00000% 5,523,437.16 0.00 Totals 956,774,229.87 3,953,001.67
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A 13,433,648.59 0.00 167,663,537.41 14,027,798.27 0.00 II-A 6,440,943.57 0.00 135,507,204.07 6,886,897.33 0.00 III-A 5,546,447.43 0.00 81,863,945.71 5,862,581.69 0.00 IV-A-1 13,881,971.35 0.00 20,380,246.36 13,951,637.86 0.00 IV-A-2 0.00 0.00 52,675,000.00 159,561.35 0.00 IV-A-3 0.00 0.00 97,028,000.00 367,897.83 0.00 IV-A-4 0.00 0.00 54,126,000.00 205,227.75 0.00 IV-A-5 0.00 0.00 61,208,000.00 232,080.33 0.00 IV-A-6 0.00 0.00 105,751,000.00 400,972.54 0.00 V-A 3,928,254.71 0.00 64,843,093.51 4,243,456.72 0.00 M-1 0.00 0.00 44,880,000.00 156,905.47 0.00 M-2 0.00 0.00 13,808,000.00 58,380.99 0.00 M-3 0.00 0.00 8,285,500.00 42,523.03 0.00 N 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 588,346.16 0.00 OC 0.00 0.00 5,523,437.16 0.00 0.00 Totals 43,231,265.65 0.00 913,542,964.22 47,184,267.32 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) I-A 391,853,000.00 181,097,186.00 0.00 13,433,648.59 0.00 0.00 II-A 179,968,000.00 141,948,147.64 0.00 6,440,943.57 0.00 0.00 III-A 135,297,000.00 87,410,393.14 0.00 5,546,447.43 0.00 0.00 IV-A-1 139,521,000.00 34,262,217.71 0.00 13,881,971.35 0.00 0.00 IV-A-2 52,675,000.00 52,675,000.00 0.00 0.00 0.00 0.00 IV-A-3 97,028,000.00 97,028,000.00 0.00 0.00 0.00 0.00 IV-A-4 54,126,000.00 54,126,000.00 0.00 0.00 0.00 0.00 IV-A-5 61,208,000.00 61,208,000.00 0.00 0.00 0.00 0.00 IV-A-6 105,751,000.00 105,751,000.00 0.00 0.00 0.00 0.00 V-A 90,935,000.00 68,771,348.22 0.00 3,928,254.71 0.00 0.00 M-1 44,880,000.00 44,880,000.00 0.00 0.00 0.00 0.00 M-2 13,808,000.00 13,808,000.00 0.00 0.00 0.00 0.00 M-3 8,285,500.00 8,285,500.00 0.00 0.00 0.00 0.00 N 14,000,000.00 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 0.00 0.00 0.00 OC 5,523,789.25 5,523,437.16 0.00 0.00 0.00 0.00 Totals 1,394,859,289.25 956,774,229.87 0.00 43,231,265.65 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A 13,433,648.59 167,663,537.41 0.42787356 13,433,648.59 II-A 6,440,943.57 135,507,204.07 0.75295166 6,440,943.57 III-A 5,546,447.43 81,863,945.71 0.60506845 5,546,447.43 IV-A-1 13,881,971.35 20,380,246.36 0.14607297 13,881,971.35 IV-A-2 0.00 52,675,000.00 1.00000000 0.00 IV-A-3 0.00 97,028,000.00 1.00000000 0.00 IV-A-4 0.00 54,126,000.00 1.00000000 0.00 IV-A-5 0.00 61,208,000.00 1.00000000 0.00 IV-A-6 0.00 105,751,000.00 1.00000000 0.00 V-A 3,928,254.71 64,843,093.51 0.71307080 3,928,254.71 M-1 0.00 44,880,000.00 1.00000000 0.00 M-2 0.00 13,808,000.00 1.00000000 0.00 M-3 0.00 8,285,500.00 1.00000000 0.00 N 0.00 0.00 0.00000000 0.00 OT 0.00 0.00 0.00000000 0.00 OC 0.00 5,523,437.16 0.99993626 0.00 Totals 43,231,265.65 913,542,964.22 0.65493557 43,231,265.65
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 391,853,000.00 462.15592582 0.00000000 34.28236760 0.00000000 II-A 179,968,000.00 788.74104085 0.00000000 35.78938239 0.00000000 III-A 135,297,000.00 646.06305491 0.00000000 40.99460764 0.00000000 IV-A-1 139,521,000.00 245.57032784 0.00000000 99.49736133 0.00000000 IV-A-2 52,675,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-3 97,028,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-4 54,126,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-5 61,208,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IV-A-6 105,751,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 V-A 90,935,000.00 756.26929367 0.00000000 43.19849024 0.00000000 M-1 44,880,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,808,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 8,285,500.00 1000.00000000 0.00000000 0.00000000 0.00000000 N 14,000,000.00 0.00000000 0.00000000 0.00000000 0.00000000 OT 0.00 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 999.93625934 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A 0.00000000 34.28236760 427.87355822 0.42787356 34.28236760 II-A 0.00000000 35.78938239 752.95165846 0.75295166 35.78938239 III-A 0.00000000 40.99460764 605.06844727 0.60506845 40.99460764 IV-A-1 0.00000000 99.49736133 146.07296651 0.14607297 99.49736133 IV-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IV-A-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 V-A 0.00000000 43.19849024 713.07080343 0.71307080 43.19849024 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 N 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 999.93625934 0.99993626 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall I-A 391,853,000.00 3.81000% 181,097,186.00 594,149.68 0.00 0.00 II-A 179,968,000.00 3.77000% 141,948,147.64 445,953.76 0.00 0.00 III-A 135,297,000.00 4.34000% 87,410,393.14 316,134.26 0.00 0.00 IV-A-1 139,521,000.00 2.44000% 34,262,217.71 69,666.51 0.00 0.00 IV-A-2 52,675,000.00 3.63500% 52,675,000.00 159,561.35 0.00 0.00 IV-A-3 97,028,000.00 4.55000% 97,028,000.00 367,897.83 0.00 0.00 IV-A-4 54,126,000.00 4.55000% 54,126,000.00 205,227.75 0.00 0.00 IV-A-5 61,208,000.00 4.55000% 61,208,000.00 232,080.33 0.00 0.00 IV-A-6 105,751,000.00 4.55000% 105,751,000.00 400,972.54 0.00 0.00 V-A 90,935,000.00 5.50000% 68,771,348.22 315,202.01 0.00 0.00 M-1 44,880,000.00 4.06000% 44,880,000.00 156,905.47 0.00 0.00 M-2 13,808,000.00 4.91000% 13,808,000.00 58,380.99 0.00 0.00 M-3 8,285,500.00 5.96000% 8,285,500.00 42,523.03 0.00 0.00 N 14,000,000.00 5.50000% 0.00 0.00 0.00 0.00 OT 0.00 0.00000% 0.00 0.00 0.00 0.00 OC 5,523,789.25 0.00000% 5,523,437.16 0.00 0.00 0.00 Totals 1,394,859,289.25 3,364,655.51 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A 0.00 0.00 594,149.68 0.00 167,663,537.41 II-A 0.00 0.00 445,953.76 0.00 135,507,204.07 III-A 0.00 0.00 316,134.26 0.00 81,863,945.71 IV-A-1 0.00 0.00 69,666.51 0.00 20,380,246.36 IV-A-2 0.00 0.00 159,561.35 0.00 52,675,000.00 IV-A-3 0.00 0.00 367,897.83 0.00 97,028,000.00 IV-A-4 0.00 0.00 205,227.75 0.00 54,126,000.00 IV-A-5 0.00 0.00 232,080.33 0.00 61,208,000.00 IV-A-6 0.00 0.00 400,972.54 0.00 105,751,000.00 V-A 0.00 0.00 315,202.01 0.00 64,843,093.51 M-1 0.00 0.00 156,905.47 0.00 44,880,000.00 M-2 0.00 0.00 58,380.99 0.00 13,808,000.00 M-3 0.00 0.00 42,523.03 0.00 8,285,500.00 N 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 588,346.16 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,953,001.67 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A 391,853,000.00 3.81000% 462.15592582 1.51625656 0.00000000 0.00000000 II-A 179,968,000.00 3.77000% 788.74104085 2.47796142 0.00000000 0.00000000 III-A 135,297,000.00 4.34000% 646.06305491 2.33659475 0.00000000 0.00000000 IV-A-1 139,521,000.00 2.44000% 245.57032784 0.49932634 0.00000000 0.00000000 IV-A-2 52,675,000.00 3.63500% 1000.00000000 3.02916659 0.00000000 0.00000000 IV-A-3 97,028,000.00 4.55000% 1000.00000000 3.79166663 0.00000000 0.00000000 IV-A-4 54,126,000.00 4.55000% 1000.00000000 3.79166667 0.00000000 0.00000000 IV-A-5 61,208,000.00 4.55000% 1000.00000000 3.79166661 0.00000000 0.00000000 IV-A-6 105,751,000.00 4.55000% 1000.00000000 3.79166665 0.00000000 0.00000000 V-A 90,935,000.00 5.50000% 756.26929367 3.46623423 0.00000000 0.00000000 M-1 44,880,000.00 4.06000% 1000.00000000 3.49611119 0.00000000 0.00000000 M-2 13,808,000.00 4.91000% 1000.00000000 4.22805548 0.00000000 0.00000000 M-3 8,285,500.00 5.96000% 1000.00000000 5.13222256 0.00000000 0.00000000 N 14,000,000.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 OT 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 OC 5,523,789.25 0.00000% 999.93625934 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A 0.00000000 0.00000000 1.51625656 0.00000000 427.87355822 II-A 0.00000000 0.00000000 2.47796142 0.00000000 752.95165846 III-A 0.00000000 0.00000000 2.33659475 0.00000000 605.06844727 IV-A-1 0.00000000 0.00000000 0.49932634 0.00000000 146.07296651 IV-A-2 0.00000000 0.00000000 3.02916659 0.00000000 1000.00000000 IV-A-3 0.00000000 0.00000000 3.79166663 0.00000000 1000.00000000 IV-A-4 0.00000000 0.00000000 3.79166667 0.00000000 1000.00000000 IV-A-5 0.00000000 0.00000000 3.79166661 0.00000000 1000.00000000 IV-A-6 0.00000000 0.00000000 3.79166665 0.00000000 1000.00000000 V-A 0.00000000 0.00000000 3.46623423 0.00000000 713.07080343 M-1 0.00000000 0.00000000 3.49611119 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.22805548 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 5.13222256 0.00000000 1000.00000000 N 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OT 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 OC 0.00000000 0.00000000 0.00000000 0.00000000 999.93625934 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 47,426,285.26 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 86,401.76 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 47,512,687.02 Withdrawals Reimbursement for Servicer Advances 82,807.27 Payment of Service Fee 245,612.42 Payment of Interest and Principal 47,184,267.33 Total Withdrawals (Pool Distribution Amount) 47,512,687.02 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
SERVICING FEES Gross Servicing Fee 245,612.42 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 245,612.42
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance N_CLASS_RESERVE_FUND 25,428.01 0.00 59.45 25,433.90 CLASS_A_RESERVE_FUND 3,452,148.00 0.00 0.00 3,452,148.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 4 0 0 4 573,162.58 0.00 0.00 573,162.58 30 Days 26 1 0 0 27 4,764,738.40 50,724.70 0.00 0.00 4,815,463.10 60 Days 4 1 1 0 6 954,217.18 57,731.59 161,412.43 0.00 1,173,361.20 90 Days 8 0 0 0 8 1,579,667.31 0.00 0.00 0.00 1,579,667.31 120 Days 2 1 1 0 4 520,739.12 140,722.34 78,374.47 0.00 739,835.93 150 Days 0 2 6 0 8 0.00 150,603.48 1,472,250.94 0.00 1,622,854.42 180+ Days 4 1 12 0 17 790,393.96 211,200.00 3,668,641.35 0.00 4,670,235.31 Totals 44 10 20 0 74 8,609,755.97 1,184,144.69 5,380,679.19 0.00 15,174,579.85 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.113928% 0.000000% 0.000000% 0.113928% 0.062705% 0.000000% 0.000000% 0.062705% 30 Days 0.740530% 0.028482% 0.000000% 0.000000% 0.769012% 0.521275% 0.005549% 0.000000% 0.000000% 0.526824% 60 Days 0.113928% 0.028482% 0.028482% 0.000000% 0.170891% 0.104394% 0.006316% 0.017659% 0.000000% 0.128369% 90 Days 0.227855% 0.000000% 0.000000% 0.000000% 0.227855% 0.172820% 0.000000% 0.000000% 0.000000% 0.172820% 120 Days 0.056964% 0.028482% 0.028482% 0.000000% 0.113928% 0.056970% 0.015395% 0.008574% 0.000000% 0.080940% 150 Days 0.000000% 0.056964% 0.170891% 0.000000% 0.227855% 0.000000% 0.016476% 0.161068% 0.000000% 0.177544% 180+ Days 0.113928% 0.028482% 0.341783% 0.000000% 0.484193% 0.086471% 0.023106% 0.401359% 0.000000% 0.510936% Totals 1.253204% 0.284819% 0.569638% 0.000000% 2.107662% 0.941929% 0.129548% 0.588660% 0.000000% 1.660138%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group I No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 10 1 0 0 11 2,045,637.45 50,724.70 0.00 0.00 2,096,362.15 60 Days 1 1 0 0 2 353,559.70 57,731.59 0.00 0.00 411,291.29 90 Days 3 0 0 0 3 534,516.04 0.00 0.00 0.00 534,516.04 120 Days 1 0 0 0 1 136,200.00 0.00 0.00 0.00 136,200.00 150 Days 0 2 1 0 3 0.00 150,603.48 122,898.56 0.00 273,502.04 180+ Days 1 1 4 0 6 111,193.14 211,200.00 1,236,251.93 0.00 1,558,645.07 Totals 16 5 5 0 26 3,181,106.33 470,259.77 1,359,150.49 0.00 5,010,516.59 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.315789% 0.131579% 0.000000% 0.000000% 1.447368% 1.079852% 0.026777% 0.000000% 0.000000% 1.106629% 60 Days 0.131579% 0.131579% 0.000000% 0.000000% 0.263158% 0.186637% 0.030475% 0.000000% 0.000000% 0.217113% 90 Days 0.394737% 0.000000% 0.000000% 0.000000% 0.394737% 0.282161% 0.000000% 0.000000% 0.000000% 0.282161% 120 Days 0.131579% 0.000000% 0.000000% 0.000000% 0.131579% 0.071897% 0.000000% 0.000000% 0.000000% 0.071897% 150 Days 0.000000% 0.263158% 0.131579% 0.000000% 0.394737% 0.000000% 0.079501% 0.064876% 0.000000% 0.144376% 180+ Days 0.131579% 0.131579% 0.526316% 0.000000% 0.789474% 0.058697% 0.111488% 0.652593% 0.000000% 0.822778% Totals 2.105263% 0.657895% 0.657895% 0.000000% 3.421053% 1.679244% 0.248241% 0.717469% 0.000000% 2.644954% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 179,461.80 0.00 0.00 179,461.80 30 Days 1 0 0 0 1 313,464.99 0.00 0.00 0.00 313,464.99 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 1 0 1 0.00 0.00 648,000.00 0.00 648,000.00 Totals 1 1 1 0 3 313,464.99 179,461.80 648,000.00 0.00 1,140,926.79 0-29 Days 0.226244% 0.000000% 0.000000% 0.226244% 0.123309% 0.000000% 0.000000% 0.123309% 30 Days 0.226244% 0.000000% 0.000000% 0.000000% 0.226244% 0.215383% 0.000000% 0.000000% 0.000000% 0.215383% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.226244% 0.000000% 0.226244% 0.000000% 0.000000% 0.445243% 0.000000% 0.445243% Totals 0.226244% 0.226244% 0.226244% 0.000000% 0.678733% 0.215383% 0.123309% 0.445243% 0.000000% 0.783935% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group III No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 144,891.22 0.00 0.00 144,891.22 30 Days 2 0 0 0 2 460,455.27 0.00 0.00 0.00 460,455.27 60 Days 1 0 1 0 2 112,308.60 0.00 161,412.43 0.00 273,721.03 90 Days 2 0 0 0 2 324,882.76 0.00 0.00 0.00 324,882.76 120 Days 0 0 1 0 1 0.00 0.00 78,374.47 0.00 78,374.47 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 2 0 2 0 4 561,167.44 0.00 997,418.41 0.00 1,558,585.85 Totals 7 1 4 0 12 1,458,814.07 144,891.22 1,237,205.31 0.00 2,840,910.60 0-29 Days 0.236407% 0.000000% 0.000000% 0.236407% 0.161958% 0.000000% 0.000000% 0.161958% 30 Days 0.472813% 0.000000% 0.000000% 0.000000% 0.472813% 0.514693% 0.000000% 0.000000% 0.000000% 0.514693% 60 Days 0.236407% 0.000000% 0.236407% 0.000000% 0.472813% 0.125538% 0.000000% 0.180425% 0.000000% 0.305963% 90 Days 0.472813% 0.000000% 0.000000% 0.000000% 0.472813% 0.363151% 0.000000% 0.000000% 0.000000% 0.363151% 120 Days 0.000000% 0.000000% 0.236407% 0.000000% 0.236407% 0.000000% 0.000000% 0.087606% 0.000000% 0.087606% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.472813% 0.000000% 0.472813% 0.000000% 0.945626% 0.627268% 0.000000% 1.114905% 0.000000% 1.742173% Totals 1.654846% 0.236407% 0.945626% 0.000000% 2.836879% 1.630649% 0.161958% 1.382937% 0.000000% 3.175544% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group IV No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 78,852.88 0.00 0.00 78,852.88 30 Days 3 0 0 0 3 827,156.52 0.00 0.00 0.00 827,156.52 60 Days 1 0 0 0 1 297,334.94 0.00 0.00 0.00 297,334.94 90 Days 3 0 0 0 3 720,268.51 0.00 0.00 0.00 720,268.51 120 Days 1 1 0 0 2 384,539.12 140,722.34 0.00 0.00 525,261.46 150 Days 0 0 4 0 4 0.00 0.00 1,127,420.61 0.00 1,127,420.61 180+ Days 1 0 1 0 2 118,033.38 0.00 216,595.03 0.00 334,628.41 Totals 9 2 5 0 16 2,347,332.47 219,575.22 1,344,015.64 0.00 3,910,923.33 0-29 Days 0.068918% 0.000000% 0.000000% 0.068918% 0.018790% 0.000000% 0.000000% 0.018790% 30 Days 0.206754% 0.000000% 0.000000% 0.000000% 0.206754% 0.197105% 0.000000% 0.000000% 0.000000% 0.197105% 60 Days 0.068918% 0.000000% 0.000000% 0.000000% 0.068918% 0.070852% 0.000000% 0.000000% 0.000000% 0.070852% 90 Days 0.206754% 0.000000% 0.000000% 0.000000% 0.206754% 0.171634% 0.000000% 0.000000% 0.000000% 0.171634% 120 Days 0.068918% 0.068918% 0.000000% 0.000000% 0.137836% 0.091632% 0.033533% 0.000000% 0.000000% 0.125165% 150 Days 0.000000% 0.000000% 0.275672% 0.000000% 0.275672% 0.000000% 0.000000% 0.268655% 0.000000% 0.268655% 180+ Days 0.068918% 0.000000% 0.068918% 0.000000% 0.137836% 0.028126% 0.000000% 0.051613% 0.000000% 0.079739% Totals 0.620262% 0.137836% 0.344590% 0.000000% 1.102688% 0.559350% 0.052323% 0.320268% 0.000000% 0.931941% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Group V No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 169,956.68 0.00 0.00 169,956.68 30 Days 10 0 0 0 10 1,118,024.17 0.00 0.00 0.00 1,118,024.17 60 Days 1 0 0 0 1 191,013.94 0.00 0.00 0.00 191,013.94 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 1 0 1 0.00 0.00 221,931.77 0.00 221,931.77 180+ Days 0 0 4 0 4 0.00 0.00 570,375.98 0.00 570,375.98 Totals 11 1 5 0 17 1,309,038.11 169,956.68 792,307.75 0.00 2,271,302.54 0-29 Days 0.229885% 0.000000% 0.000000% 0.229885% 0.242919% 0.000000% 0.000000% 0.242919% 30 Days 2.298851% 0.000000% 0.000000% 0.000000% 2.298851% 1.597993% 0.000000% 0.000000% 0.000000% 1.597993% 60 Days 0.229885% 0.000000% 0.000000% 0.000000% 0.229885% 0.273016% 0.000000% 0.000000% 0.000000% 0.273016% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.229885% 0.000000% 0.229885% 0.000000% 0.000000% 0.317207% 0.000000% 0.317207% 180+ Days 0.000000% 0.000000% 0.919540% 0.000000% 0.919540% 0.000000% 0.000000% 0.815239% 0.000000% 0.815239% Totals 2.528736% 0.229885% 1.149425% 0.000000% 3.908046% 1.871009% 0.242919% 1.132446% 0.000000% 3.246374%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 86,401.76
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group V 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 2 Sep-04 0.000% Original Principal Balance 154,400.00 Oct-04 0.040% Current Principal Balance 152,979.23 Nov-04 0.167% Dec-04 0.180% Current Foreclosure Total Jan-05 0.438% Loans in Foreclosure 20 Feb-05 0.523% Original Principal Balance 5,400,175.00 Mar-05 0.634% Current Principal Balance 5,380,679.19 Apr-05 0.650% May-05 0.574% Jun-05 0.672% Jul-05 0.726% Aug-05 0.589% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Sep-04 0.000% Original Principal Balance 75,200.00 Oct-04 0.000% Current Principal Balance 74,604.76 Nov-04 0.320% Dec-04 0.217% Current Foreclosure Total Jan-05 0.296% Loans in Foreclosure 5 Feb-05 0.564% Original Principal Balance 1,362,200.00 Mar-05 0.876% Current Principal Balance 1,359,150.49 Apr-05 0.828% May-05 0.935% Jun-05 1.083% Jul-05 0.884% Aug-05 0.717% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.365% Loans in Foreclosure 1 Feb-05 0.444% Original Principal Balance 648,000.00 Mar-05 0.450% Current Principal Balance 648,000.00 Apr-05 0.455% May-05 0.390% Jun-05 0.401% Jul-05 0.426% Aug-05 0.445% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group III 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Sep-04 0.000% Original Principal Balance 79,200.00 Oct-04 0.356% Current Principal Balance 78,374.47 Nov-04 0.537% Dec-04 0.955% Current Foreclosure Total Jan-05 1.504% Loans in Foreclosure 4 Feb-05 1.541% Original Principal Balance 1,242,125.00 Mar-05 2.554% Current Principal Balance 1,237,205.31 Apr-05 3.021% May-05 2.249% Jun-05 1.867% Jul-05 2.082% Aug-05 1.383% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group IV 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.225% Loans in Foreclosure 5 Feb-05 0.229% Original Principal Balance 1,351,600.00 Mar-05 0.082% Current Principal Balance 1,344,015.64 Apr-05 0.046% May-05 0.047% Jun-05 0.235% Jul-05 0.310% Aug-05 0.320% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. Group V 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.058% Current Principal Balance 0.00 Nov-04 0.355% Dec-04 0.364% Current Foreclosure Total Jan-05 0.852% Loans in Foreclosure 5 Feb-05 0.865% Original Principal Balance 796,250.00 Mar-05 0.810% Current Principal Balance 792,307.75 Apr-05 0.824% May-05 0.711% Jun-05 1.017% Jul-05 1.609% Aug-05 1.132% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance Group I 0000515152 Aug-2005 01-May-2004 FL 80.00 75,200.00 Group I 0000552678 Nov-2004 01-Jun-2004 NY 80.00 476,000.00 Group I 0000579864 Feb-2005 01-Aug-2004 NY 80.00 440,000.00 Group I 0000583397 May-2005 01-Aug-2004 IL 95.00 123,500.00 Group I 0000583598 Nov-2004 01-Aug-2004 NY 90.00 247,500.00 Group II 0000461593 Jan-2005 01-Jul-2004 IL 80.00 648,000.00 Group III 0000517008 Aug-2005 01-May-2004 KS 80.00 79,200.00 Group III 0000538596 Jul-2005 01-Jun-2004 OH 95.00 162,925.00 Group III 0000557988 Jan-2005 01-Jul-2004 NY 80.00 500,000.00 Group III 0000583818 Mar-2005 01-Aug-2004 NY 86.20 500,000.00 Group IV 0000556291 Mar-2005 01-Aug-2004 CO 80.00 217,600.00 Group IV 0000567997 Jun-2005 01-Aug-2004 MO 90.00 283,500.00 Group IV 0000568193 Jul-2005 01-Aug-2004 MO 90.00 283,500.00 Group IV 0000568261 Jun-2005 01-Aug-2004 MO 90.00 283,500.00 Group IV 0000568268 Jun-2005 01-Aug-2004 MO 90.00 283,500.00 Group V 0000390577 Jun-2005 01-Oct-2003 CA 90.00 225,000.00 Group V 0000557854 Nov-2004 01-Jul-2004 NY 95.00 270,750.00 Group V 0000561541 Jan-2005 01-Jul-2004 WA 90.00 107,100.00 Group V 0000575460 Oct-2004 01-Jul-2004 OH 80.00 54,400.00 Group V 0000582326 Mar-2005 01-Jul-2004 SC 94.33 139,000.00
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest Group I 0000515152 74,604.76 01-Dec-2004 6 6.125% 2,849.54 Group I 0000552678 475,157.76 01-Jul-2004 11 6.625% 32,636.07 Group I 0000579864 438,989.41 01-Oct-2004 8 7.375% 25,972.36 Group I 0000583397 122,898.56 01-Jan-2005 5 7.125% 4,826.93 Group I 0000583598 247,500.00 01-Jul-2004 11 7.125% 18,009.68 Group II 0000461593 648,000.00 01-Jun-2004 12 4.625% 32,793.96 Group III 0000517008 78,374.47 01-Feb-2005 4 5.875% 2,149.43 Group III 0000538596 161,412.43 01-Apr-2005 2 7.000% 3,559.79 Group III 0000557988 498,879.82 01-Sep-2004 9 7.500% 33,026.73 Group III 0000583818 498,538.59 01-Nov-2004 7 7.625% 27,492.07 Group IV 0000556291 216,595.03 01-Nov-2004 7 5.250% 7,881.70 Group IV 0000567997 281,864.84 01-Jan-2005 5 6.250% 9,630.97 Group IV 0000568193 281,826.09 01-Jan-2005 5 6.250% 9,629.61 Group IV 0000568261 281,864.84 01-Jan-2005 5 6.250% 9,630.97 Group IV 0000568268 281,864.84 01-Jan-2005 5 6.250% 9,630.97 Group V 0000390577 221,931.77 01-Jan-2005 5 7.250% 9,038.22 Group V 0000557854 270,581.71 01-Jul-2004 11 8.375% 23,724.98 Group V 0000561541 106,854.02 01-Sep-2004 9 7.375% 6,951.30 Group V 0000575460 54,400.00 01-Jun-2004 12 7.250% 4,419.59 Group V 0000582326 138,540.25 01-Oct-2004 8 7.000% 7,762.94
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.265962% Weighted Average Net Coupon 4.957911% Weighted Average Pass-Through Rate 4.957911% Weighted Average Maturity(Stepdown Calculation) 344 Beginning Scheduled Collateral Loan Count 3,675 Number Of Loans Paid In Full 164 Ending Scheduled Collateral Loan Count 3,511 Beginning Scheduled Collateral Balance 956,774,229.87 Ending Scheduled Collateral Balance 913,542,964.22 Ending Actual Collateral Balance at 29-Jul-2005 914,055,353.76 Monthly P&I Constant 4,710,907.94 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 55,907.07 Scheduled Principal 512,294.28 Unscheduled Principal 42,718,971.37 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,523,437.16 Overcollateralized Amount 5,523,437.16 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 596,432.92
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.661132 4.293868 5.711908 Weighted Average Net Rate 5.329347 4.000810 5.371477 Weighted Average Maturity 345 344 346 Beginning Loan Count 806 460 447 Loans Paid In Full 46 18 24 Ending Loan Count 760 442 423 Beginning Scheduled Balance 202,779,592.31 151,926,024.32 94,913,666.10 Ending Scheduled Balance 189,345,943.72 145,485,080.75 89,367,218.67 Record Date 07/29/2005 07/29/2005 07/29/2005 Principal And Interest Constant 1,036,072.51 596,838.00 531,608.59 Scheduled Principal 79,437.40 53,212.71 79,826.80 Unscheduled Principal 13,354,211.19 6,387,730.86 5,466,620.63 Scheduled Interest 956,635.11 543,625.29 451,781.79 Servicing Fees 56,066.14 37,102.64 26,926.30 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 900,568.97 506,522.65 424,855.49 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 55,907.07 0.00 0.00 Percentage of Cumulative Losses 0.0135 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.329347 4.000810 5.371477
Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.078652 6.707341 5.265962 Weighted Average Net Rate 4.773656 6.457341 4.957911 Weighted Average Maturity 345 326 344 Beginning Loan Count 1,507 455 3,675 Loans Paid In Full 56 20 164 Ending Loan Count 1,451 435 3,511 Beginning Scheduled Balance 433,339,709.32 73,815,237.82 956,774,229.87 Ending scheduled Balance 419,457,737.97 69,886,983.11 913,542,964.22 Record Date 07/29/2005 07/29/2005 07/29/2005 Principal And Interest Constant 2,048,121.66 498,267.18 4,710,907.94 Scheduled Principal 214,136.84 85,680.53 512,294.28 Unscheduled Principal 13,667,834.51 3,842,574.18 42,718,971.37 Scheduled Interest 1,833,984.82 412,586.65 4,198,613.66 Servicing Fees 110,139.17 15,378.17 245,612.42 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,723,845.65 397,208.48 3,953,001.24 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 55,907.07 Percentage of Cumulative Losses 0.0000 0.0000 0.0040 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 4.773656 6.457341 4.957911
Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance Group I 46 13,836,814.00 13,320,359.39 0 0.00 0.00 Group II 18 6,364,800.00 6,361,381.71 0 0.00 0.00 Group III 24 5,527,885.00 5,457,279.39 0 0.00 0.00 Group IV 56 13,792,076.00 13,590,299.80 0 0.00 0.00 Group V 20 3,919,083.00 3,832,084.86 0 0.00 0.00 Total 164 43,440,658.00 42,561,405.15 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Group I 0 0.00 0.00 0 0.00 0.00 33,861.00 Group II 0 0.00 0.00 0 0.00 0.00 26,349.15 Group III 0 0.00 0.00 0 0.00 0.00 9,341.24 Group IV 0 0.00 0.00 0 0.00 0.00 77,738.98 Group V 0 0.00 0.00 0 0.00 0.00 10,489.32 Total 0 0.00 0.00 0 0.00 0.00 157,779.69
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group I 0000503394 MD 56.66 01-May-2004 425,000.00 5,000.00 Group I 0000505989 CT 90.00 01-Jul-2004 206,100.00 206,100.00 Group I 0000510117 IL 78.76 01-Jun-2004 866,500.00 866,499.70 Group I 0000511295 IL 75.00 01-May-2004 125,925.00 123,977.43 Group I 0000512779 IL 95.00 01-May-2004 224,200.00 220,732.38 Group I 0000516505 TX 80.00 01-May-2004 288,150.00 288,150.00 Group I 0000519099 NV 80.00 01-May-2004 460,000.00 451,269.27 Group I 0000530110 FL 80.00 01-Jun-2004 412,000.00 412,000.00 Group I 0000530207 AZ 95.00 01-Jul-2004 157,700.00 155,430.04 Group I 0000531836 NJ 75.70 01-Jun-2004 480,000.00 480,000.00 Group I 0000534229 MO 78.76 01-May-2004 146,500.00 145,663.63 Group I 0000534953 FL 79.94 01-Jul-2004 480,000.00 480,000.00 Group I 0000535633 IL 87.80 01-Jun-2004 223,000.00 219,397.89 Group I 0000538875 WA 94.98 01-Jun-2004 264,550.00 260,078.92 Group I 0000541922 AZ 78.36 01-Jun-2004 239,000.00 237,504.92 Group I 0000546125 IL 80.00 01-Jun-2004 199,200.00 196,127.68 Group I 0000547867 IL 94.98 01-Jun-2004 173,350.00 170,853.57 Group I 0000549056 VA 90.00 01-Jul-2004 180,000.00 177,542.87 Group I 0000555316 AZ 89.98 01-Aug-2004 495,450.00 490,417.18 Group I 0000557092 IL 55.59 01-Jul-2004 139,000.00 137,136.84 Group I 0000557477 CA 80.00 01-Jun-2004 220,000.00 220,000.00 Group I 0000558412 NV 80.00 01-Jul-2004 319,920.00 319,919.99 Group I 0000559887 MD 87.05 01-Jul-2004 168,000.00 165,706.77 Group I 0000561955 SC 80.00 01-Jul-2004 216,000.00 204,221.50 Group I 0000562655 NV 78.43 01-Jul-2004 200,000.00 200,000.00 Group I 0000565727 NY 80.00 01-Jul-2004 260,000.00 260,000.00 Group I 0000566702 NY 93.01 01-Jul-2004 400,000.00 395,585.19 Group I 0000569239 NV 80.00 01-Jul-2004 143,200.00 143,200.00 Group I 0000570886 MD 80.00 01-Jul-2004 159,920.00 159,460.55 Group I 0000571077 NV 80.00 01-Jul-2004 168,000.00 165,904.22 Group I 0000572302 NV 78.13 01-Jul-2004 168,000.00 166,145.76 Group I 0000573225 IL 80.00 01-Jul-2004 260,000.00 256,225.38 Group I 0000574604 IL 95.00 01-Jul-2004 185,250.00 182,955.77 Group I 0000574771 CO 78.30 01-Aug-2004 649,999.00 649,930.68 Group I 0000575740 NV 90.00 01-Jul-2004 103,500.00 102,463.09 Group I 0000577187 FL 80.00 01-Aug-2004 212,000.00 211,999.33 Group I 0000577268 CO 79.98 01-Jul-2004 344,800.00 342,887.32 Group I 0000577940 NC 80.00 01-Jul-2004 245,600.00 245,507.58 Group I 0000579553 CA 70.00 01-Jul-2004 546,000.00 545,979.31 Group I 0000580805 NY 90.00 01-Aug-2004 630,000.00 629,853.09 Group I 0035083413 AZ 84.12 01-Jan-2004 140,500.00 132,393.26 Group I 0037042604 CO 79.98 01-Jan-2004 458,900.00 458,897.10 Group I 0037050003 MD 59.45 01-Jan-2004 220,000.00 220,000.00 Group I 0037056038 IL 80.00 01-Jan-2004 549,600.00 549,535.31 Group I 0041973567 VA 76.79 01-Feb-2004 160,500.00 160,136.95 Group I 0044848176 CA 70.00 01-Feb-2004 521,500.00 507,559.72 Group II 0000454242 CA 80.00 01-Feb-2004 448,000.00 448,000.00 Group II 0000533830 MD 80.00 01-Jun-2004 344,000.00 344,000.00 Group II 0000539065 VA 95.00 01-Jun-2004 418,000.00 418,000.00 Group II 0000539850 AZ 80.00 01-Jun-2004 252,000.00 252,000.00 Group II 0000545065 VA 80.00 01-Jun-2004 316,000.00 316,000.00 Group II 0000548913 CA 80.00 01-Jun-2004 456,800.00 456,700.00 Group II 0000550556 AZ 90.00 01-Jun-2004 341,100.00 341,100.00 Group II 0000552841 IL 80.00 01-Aug-2004 437,600.00 437,465.14 Group II 0000553172 AZ 76.45 01-Jul-2004 248,500.00 248,481.23 Group II 0000562584 CA 80.00 01-Aug-2004 244,000.00 244,000.00 Group II 0000565083 AZ 80.00 01-Aug-2004 188,000.00 188,000.00 Group II 0000565437 CA 80.00 01-Jul-2004 636,800.00 633,660.88 Group II 0000569191 CO 74.43 01-Jul-2004 329,000.00 329,000.00 Group II 0000574295 CA 80.00 01-Jul-2004 631,200.00 631,200.00 Group II 0000577144 MD 80.00 01-Aug-2004 244,000.00 243,987.99 Group II 0000577766 CA 78.69 01-Jul-2004 291,200.00 291,200.00 Group II 0000581095 CA 60.00 01-Jul-2004 333,000.00 332,986.47 Group II 0000594551 FL 80.00 01-Aug-2004 205,600.00 205,600.00 Group III 0000522986 PA 88.81 01-Jul-2004 135,000.00 133,157.12 Group III 0000523700 IL 94.97 01-May-2004 237,900.00 233,679.10 Group III 0000525377 FL 95.00 01-May-2004 156,750.00 154,435.79 Group III 0000527114 IL 75.00 01-Jul-2004 99,750.00 98,538.81 Group III 0000527417 NV 79.63 01-Jun-2004 88,000.00 87,980.09 Group III 0000528199 NY 80.00 01-May-2004 256,000.00 251,125.01 Group III 0000539390 MI 80.00 01-Jun-2004 76,800.00 75,382.53 Group III 0000540580 CO 80.00 01-Jun-2004 260,115.00 254,980.68 Group III 0000546665 IL 80.00 01-Jun-2004 272,000.00 268,433.54 Group III 0000550330 FL 94.98 01-Jun-2004 145,900.00 143,894.90 Group III 0000555391 IL 80.00 01-Jul-2004 174,720.00 172,164.34 Group III 0000559262 IL 95.00 01-Jul-2004 249,375.00 245,405.86 Group III 0000562458 IL 95.00 01-Jul-2004 161,025.00 159,069.84 Group III 0000563469 DC 79.75 01-Jul-2004 650,000.00 641,330.91 Group III 0000565119 CA 90.00 01-Jul-2004 477,000.00 471,477.15 Group III 0000566601 NV 95.00 01-Jul-2004 304,000.00 299,850.32 Group III 0000566706 UT 80.00 01-Jun-2004 174,400.00 171,143.21 Group III 0000570629 VA 80.00 01-Jul-2004 178,400.00 176,232.02 Group III 0000570934 IL 88.98 01-Jul-2004 333,700.00 328,500.17 Group III 0000573520 CA 95.00 01-Jul-2004 247,000.00 247,000.00 Group III 0000576852 NV 80.00 01-Jul-2004 109,600.00 108,237.47 Group III 0000578767 MD 80.00 01-Aug-2004 168,000.00 166,290.56 Group III 0000579828 IL 95.00 01-Aug-2004 175,650.00 174,030.80 Group III 0000583111 CA 80.00 01-Jul-2004 396,800.00 394,939.17 Group IV 0000446299 AZ 80.00 01-Feb-2004 132,000.00 129,106.94 Group IV 0000449388 OR 80.00 01-Jan-2004 312,000.00 304,766.20 Group IV 0000476178 AZ 84.91 01-May-2004 138,000.00 135,962.63 Group IV 0000509807 NV 80.00 01-May-2004 181,848.00 178,691.05 Group IV 0000513018 VA 80.00 01-Jul-2004 209,600.00 209,600.00 Group IV 0000515339 MD 80.00 01-May-2004 340,800.00 334,331.48 Group IV 0000516521 CA 80.00 01-May-2004 319,960.00 319,703.66 Group IV 0000518529 NV 90.00 01-May-2004 212,400.00 208,785.59 Group IV 0000519609 NV 95.00 01-May-2004 171,000.00 167,071.14 Group IV 0000523315 UT 85.00 01-May-2004 133,450.00 131,264.25 Group IV 0000524136 NV 90.00 01-May-2004 207,000.00 203,409.49 Group IV 0000524278 AZ 80.00 01-May-2004 78,880.00 77,415.79 Group IV 0000526809 CA 68.08 01-Jun-2004 636,000.00 635,961.60 Group IV 0000526971 KY 70.00 01-Jul-2004 143,500.00 143,500.00 Group IV 0000528995 CO 74.43 01-May-2004 163,000.00 160,107.99 Group IV 0000533283 CA 79.44 01-Jun-2004 333,700.00 328,186.24 Group IV 0000534668 NV 41.95 01-Jun-2004 300,000.00 295,263.32 Group IV 0000537055 MD 56.99 01-Jun-2004 342,500.00 336,445.88 Group IV 0000541296 AZ 80.00 01-Jul-2004 492,000.00 491,591.59 Group IV 0000542032 IL 95.00 01-Jun-2004 117,800.00 116,255.41 Group IV 0000542224 CA 80.00 01-Jun-2004 212,000.00 209,280.25 Group IV 0000542284 MT 92.72 01-Jun-2004 100,600.00 100,500.17 Group IV 0000546081 AZ 80.00 01-Jun-2004 232,000.00 228,079.04 Group IV 0000547995 IL 90.00 01-Jun-2004 425,700.00 417,657.59 Group IV 0000550513 MD 80.00 01-Jun-2004 208,000.00 208,000.00 Group IV 0000554592 AZ 95.00 01-Jul-2004 166,350.00 164,232.66 Group IV 0000556492 OR 70.00 01-Jul-2004 357,000.00 352,012.66 Group IV 0000557517 OR 80.00 01-Jun-2004 284,000.00 283,866.37 Group IV 0000557564 MD 80.00 01-Jul-2004 196,000.00 193,446.19 Group IV 0000558381 AZ 80.00 01-Jul-2004 156,000.00 154,546.35 Group IV 0000558792 IL 80.00 01-Jun-2004 151,200.00 148,550.54 Group IV 0000559965 DE 80.00 01-Jul-2004 132,000.00 130,024.64 Group IV 0000562835 AZ 80.00 01-Jul-2004 172,000.00 172,000.00 Group IV 0000564282 IL 40.00 01-Aug-2004 90,000.00 87,104.72 Group IV 0000564456 AZ 80.00 01-Jul-2004 101,600.00 100,245.02 Group IV 0000566309 CA 78.00 01-Jul-2004 585,000.00 584,996.13 Group IV 0000566857 MD 80.00 01-Jul-2004 224,000.00 224,000.00 Group IV 0000566868 CA 79.98 01-Jul-2004 222,900.00 221,150.20 Group IV 0000568918 FL 90.00 01-Aug-2004 180,000.00 177,937.39 Group IV 0000571976 OH 95.00 01-Jul-2004 130,150.00 129,467.09 Group IV 0000573576 CA 80.00 01-Jul-2004 496,000.00 496,000.00 Group IV 0000574518 CA 80.00 01-Jul-2004 575,200.00 575,200.00 Group IV 0000575544 CA 80.00 01-Jul-2004 128,000.00 127,997.62 Group IV 0000576719 CA 77.52 01-Jul-2004 191,500.00 189,347.11 Group IV 0000577921 VA 95.00 01-Jul-2004 197,600.00 195,323.12 Group IV 0000578219 IL 80.00 01-Aug-2004 356,000.00 356,000.00 Group IV 0000578558 AZ 65.09 01-Aug-2004 97,000.00 97,000.00 Group IV 0000580801 MD 95.00 01-Aug-2004 358,888.00 354,163.35 Group IV 0000580932 OH 80.00 01-Aug-2004 869,200.00 869,200.00 Group IV 0000583970 AZ 80.00 01-Aug-2004 134,800.00 134,602.82 Group IV 0000584143 AZ 79.98 01-Aug-2004 240,500.00 240,264.04 Group IV 0000584857 IL 69.76 01-Aug-2004 203,000.00 200,887.66 Group IV 0000585926 AZ 95.00 01-Aug-2004 116,850.00 115,658.16 Group IV 0000586240 AL 45.06 01-Aug-2004 160,000.00 70,254.89 Group IV 0000586413 NV 80.00 01-Jul-2004 144,000.00 142,079.51 Group IV 0000590263 AZ 80.00 01-Aug-2004 231,600.00 231,599.99 Group V 0000091328 MD 80.00 01-Mar-2001 111,970.00 105,888.36 Group V 0000337514 FL 80.00 01-Aug-2003 132,000.00 128,806.87 Group V 0000434813 CA 83.58 01-Dec-2003 121,200.00 111,935.16 Group V 0000554804 FL 65.00 01-Jul-2004 65,513.00 64,679.24 Group V 0000557037 CA 80.00 01-Jun-2004 360,000.00 355,708.38 Group V 0000561223 IL 75.00 01-Jul-2004 525,000.00 518,625.21 Group V 0000561673 OR 76.86 01-Jul-2004 269,000.00 266,238.65 Group V 0000562165 NJ 72.88 01-Jul-2004 328,000.00 324,017.53 Group V 0000566413 CA 80.00 01-Aug-2004 232,000.00 229,341.14 Group V 0000566625 NY 80.00 01-Aug-2004 196,000.00 193,953.37 Group V 0000568356 OR 80.00 01-Aug-2004 120,000.00 118,866.46 Group V 0000570514 CA 80.00 01-Jul-2004 240,000.00 229,380.63 Group V 0000571154 NY 90.00 01-Aug-2004 108,000.00 106,876.28 Group V 0000571687 WA 80.00 01-Aug-2004 65,600.00 64,972.63 Group V 0000572306 CA 66.15 01-Aug-2004 215,000.00 206,242.60 Group V 0000574585 WA 90.00 01-Jul-2004 148,500.00 147,012.37 Group V 0000575100 IL 34.02 01-Jul-2004 114,000.00 112,801.06 Group V 0000577717 NV 90.00 01-Jul-2004 211,500.00 209,432.39 Group V 0000577912 TX 90.00 01-Jul-2004 123,300.00 106,897.93 Group V 0000593714 PA 75.00 01-Aug-2004 232,500.00 230,408.60
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group I 0000503394 Loan Paid in Full 0 5.250% 360 15 Group I 0000505989 Loan Paid in Full 0 7.875% 360 14 Group I 0000510117 Loan Paid in Full 0 5.000% 360 14 Group I 0000511295 Loan Paid in Full 0 6.000% 360 15 Group I 0000512779 Loan Paid in Full 0 6.000% 360 15 Group I 0000516505 Loan Paid in Full 0 5.500% 360 15 Group I 0000519099 Loan Paid in Full 0 4.875% 360 15 Group I 0000530110 Loan Paid in Full (1) 6.125% 360 14 Group I 0000530207 Loan Paid in Full 0 5.750% 360 14 Group I 0000531836 Loan Paid in Full 0 5.625% 360 14 Group I 0000534229 Loan Paid in Full 0 5.500% 360 15 Group I 0000534953 Loan Paid in Full 0 5.500% 360 14 Group I 0000535633 Loan Paid in Full 0 5.375% 360 14 Group I 0000538875 Loan Paid in Full 0 5.125% 360 14 Group I 0000541922 Loan Paid in Full 0 5.625% 360 14 Group I 0000546125 Loan Paid in Full 0 5.750% 360 14 Group I 0000547867 Loan Paid in Full 0 6.000% 360 14 Group I 0000549056 Loan Paid in Full 0 5.875% 360 14 Group I 0000555316 Loan Paid in Full 0 7.000% 360 14 Group I 0000557092 Loan Paid in Full 2 6.125% 360 13 Group I 0000557477 Loan Paid in Full 0 5.875% 360 14 Group I 0000558412 Loan Paid in Full 0 5.875% 360 14 Group I 0000559887 Loan Paid in Full 0 5.875% 360 14 Group I 0000561955 Loan Paid in Full 0 5.000% 360 14 Group I 0000562655 Loan Paid in Full 0 5.875% 360 14 Group I 0000565727 Loan Paid in Full 0 5.625% 360 14 Group I 0000566702 Loan Paid in Full 6 7.000% 360 14 Group I 0000569239 Loan Paid in Full 0 5.375% 360 14 Group I 0000570886 Loan Paid in Full 0 5.625% 360 14 Group I 0000571077 Loan Paid in Full 0 6.375% 360 14 Group I 0000572302 Loan Paid in Full 0 7.000% 360 14 Group I 0000573225 Loan Paid in Full 0 5.625% 360 14 Group I 0000574604 Loan Paid in Full 0 6.500% 360 14 Group I 0000574771 Loan Paid in Full 0 5.625% 360 14 Group I 0000575740 Loan Paid in Full 0 7.500% 360 14 Group I 0000577187 Loan Paid in Full 0 5.875% 360 14 Group I 0000577268 Loan Paid in Full 0 5.875% 360 14 Group I 0000577940 Loan Paid in Full 0 5.750% 360 14 Group I 0000579553 Loan Paid in Full 0 6.000% 360 14 Group I 0000580805 Loan Paid in Full 0 6.500% 360 14 Group I 0035083413 Loan Paid in Full 0 5.625% 360 19 Group I 0037042604 Loan Paid in Full 0 5.000% 360 19 Group I 0037050003 Loan Paid in Full 0 5.375% 360 19 Group I 0037056038 Loan Paid in Full 0 5.250% 360 19 Group I 0041973567 Loan Paid in Full 0 5.500% 360 18 Group I 0044848176 Loan Paid in Full 0 5.500% 360 18 Group II 0000454242 Loan Paid in Full 0 4.875% 360 18 Group II 0000533830 Loan Paid in Full 0 3.750% 360 14 Group II 0000539065 Loan Paid in Full 0 4.375% 360 14 Group II 0000539850 Loan Paid in Full 0 4.125% 360 14 Group II 0000545065 Loan Paid in Full (1) 4.375% 360 14 Group II 0000548913 Loan Paid in Full 0 4.250% 360 14 Group II 0000550556 Loan Paid in Full 0 4.375% 360 14 Group II 0000552841 Loan Paid in Full 0 4.875% 360 14 Group II 0000553172 Loan Paid in Full 0 4.250% 360 14 Group II 0000562584 Loan Paid in Full (1) 4.875% 360 14 Group II 0000565083 Loan Paid in Full (1) 4.250% 360 14 Group II 0000565437 Loan Paid in Full 0 4.375% 360 14 Group II 0000569191 Loan Paid in Full 0 4.750% 360 14 Group II 0000574295 Loan Paid in Full 0 5.000% 360 14 Group II 0000577144 Loan Paid in Full (1) 5.250% 360 14 Group II 0000577766 Loan Paid in Full 0 4.875% 360 14 Group II 0000581095 Loan Paid in Full 0 4.875% 360 14 Group II 0000594551 Loan Paid in Full 0 5.000% 360 14 Group III 0000522986 Loan Paid in Full 0 5.875% 360 14 Group III 0000523700 Loan Paid in Full (1) 5.250% 360 15 Group III 0000525377 Loan Paid in Full 0 6.250% 360 15 Group III 0000527114 Loan Paid in Full (1) 6.500% 360 14 Group III 0000527417 Loan Paid in Full 0 5.500% 360 14 Group III 0000528199 Loan Paid in Full 0 5.500% 360 15 Group III 0000539390 Loan Paid in Full 1 5.750% 360 14 Group III 0000540580 Loan Paid in Full 0 4.250% 360 14 Group III 0000546665 Loan Paid in Full 0 6.500% 360 14 Group III 0000550330 Loan Paid in Full 4 6.250% 360 14 Group III 0000555391 Loan Paid in Full (1) 5.500% 360 13 Group III 0000559262 Loan Paid in Full (1) 5.250% 360 14 Group III 0000562458 Loan Paid in Full 0 6.500% 360 14 Group III 0000563469 Loan Paid in Full 0 6.000% 360 14 Group III 0000565119 Loan Paid in Full 0 6.750% 360 14 Group III 0000566601 Loan Paid in Full 0 5.875% 360 14 Group III 0000566706 Loan Paid in Full 0 5.250% 360 14 Group III 0000570629 Loan Paid in Full 0 6.500% 360 14 Group III 0000570934 Loan Paid in Full 0 5.750% 360 14 Group III 0000573520 Loan Paid in Full 0 6.000% 360 14 Group III 0000576852 Loan Paid in Full 0 6.375% 360 14 Group III 0000578767 Loan Paid in Full 0 7.000% 360 14 Group III 0000579828 Loan Paid in Full 2 7.500% 360 14 Group III 0000583111 Loan Paid in Full 0 5.500% 360 14 Group IV 0000446299 Loan Paid in Full 0 5.125% 360 18 Group IV 0000449388 Loan Paid in Full 0 5.125% 360 19 Group IV 0000476178 Loan Paid in Full 0 6.250% 360 15 Group IV 0000509807 Loan Paid in Full 0 5.375% 360 15 Group IV 0000513018 Loan Paid in Full 0 5.375% 360 14 Group IV 0000515339 Loan Paid in Full 0 4.875% 360 15 Group IV 0000516521 Loan Paid in Full 0 4.000% 360 15 Group IV 0000518529 Loan Paid in Full 0 5.750% 360 15 Group IV 0000519609 Loan Paid in Full 0 5.750% 360 15 Group IV 0000523315 Loan Paid in Full 0 5.875% 360 15 Group IV 0000524136 Loan Paid in Full 0 5.375% 360 15 Group IV 0000524278 Loan Paid in Full 0 5.000% 360 15 Group IV 0000526809 Loan Paid in Full 0 5.000% 360 14 Group IV 0000526971 Loan Paid in Full 0 4.750% 360 14 Group IV 0000528995 Loan Paid in Full 0 5.250% 360 15 Group IV 0000533283 Loan Paid in Full 0 5.250% 360 14 Group IV 0000534668 Loan Paid in Full 0 5.500% 360 14 Group IV 0000537055 Loan Paid in Full (1) 4.875% 360 14 Group IV 0000541296 Loan Paid in Full 0 4.250% 360 14 Group IV 0000542032 Loan Paid in Full 0 6.500% 360 14 Group IV 0000542224 Loan Paid in Full 0 6.625% 360 14 Group IV 0000542284 Loan Paid in Full 0 4.875% 360 14 Group IV 0000546081 Loan Paid in Full 0 5.125% 360 14 Group IV 0000547995 Loan Paid in Full 0 4.500% 360 14 Group IV 0000550513 Loan Paid in Full 0 5.000% 360 14 Group IV 0000554592 Loan Paid in Full 0 6.250% 360 14 Group IV 0000556492 Loan Paid in Full 0 5.750% 360 14 Group IV 0000557517 Loan Paid in Full 0 4.875% 360 14 Group IV 0000557564 Loan Paid in Full 0 6.125% 360 14 Group IV 0000558381 Loan Paid in Full 0 5.125% 360 14 Group IV 0000558792 Loan Paid in Full 0 5.250% 360 14 Group IV 0000559965 Loan Paid in Full 0 5.375% 360 14 Group IV 0000562835 Loan Paid in Full 0 5.125% 360 14 Group IV 0000564282 Loan Paid in Full 0 5.625% 360 14 Group IV 0000564456 Loan Paid in Full 0 6.000% 360 14 Group IV 0000566309 Loan Paid in Full 0 5.250% 360 14 Group IV 0000566857 Loan Paid in Full 0 5.125% 360 14 Group IV 0000566868 Loan Paid in Full (1) 5.375% 360 14 Group IV 0000568918 Loan Paid in Full 0 6.375% 360 14 Group IV 0000571976 Loan Paid in Full 0 5.750% 360 14 Group IV 0000573576 Loan Paid in Full 0 5.500% 360 14 Group IV 0000574518 Loan Paid in Full 0 5.625% 360 14 Group IV 0000575544 Loan Paid in Full 0 7.000% 360 14 Group IV 0000576719 Loan Paid in Full 0 5.125% 360 14 Group IV 0000577921 Loan Paid in Full 0 6.875% 360 14 Group IV 0000578219 Loan Paid in Full (1) 5.250% 360 14 Group IV 0000578558 Loan Paid in Full 0 6.125% 360 14 Group IV 0000580801 Loan Paid in Full 0 5.625% 360 14 Group IV 0000580932 Loan Paid in Full (1) 5.250% 360 14 Group IV 0000583970 Loan Paid in Full (1) 5.625% 360 14 Group IV 0000584143 Loan Paid in Full 0 5.750% 360 14 Group IV 0000584857 Loan Paid in Full 0 6.875% 360 14 Group IV 0000585926 Loan Paid in Full 0 7.000% 360 14 Group IV 0000586240 Loan Paid in Full (1) 4.750% 180 14 Group IV 0000586413 Loan Paid in Full 0 6.000% 360 13 Group IV 0000590263 Loan Paid in Full 0 5.875% 360 14 Group V 0000091328 Loan Paid in Full 0 7.875% 360 53 Group V 0000337514 Loan Paid in Full 0 6.250% 360 24 Group V 0000434813 Loan Paid in Full 0 7.750% 180 20 Group V 0000554804 Loan Paid in Full (1) 6.250% 360 14 Group V 0000557037 Loan Paid in Full 0 7.000% 360 14 Group V 0000561223 Loan Paid in Full 0 6.500% 360 14 Group V 0000561673 Loan Paid in Full 0 7.375% 360 14 Group V 0000562165 Loan Paid in Full (1) 6.500% 360 14 Group V 0000566413 Loan Paid in Full 0 6.375% 360 14 Group V 0000566625 Loan Paid in Full 0 7.000% 360 14 Group V 0000568356 Loan Paid in Full 0 7.375% 360 14 Group V 0000570514 Loan Paid in Full 0 6.500% 180 14 Group V 0000571154 Loan Paid in Full 0 6.875% 360 14 Group V 0000571687 Loan Paid in Full 0 7.500% 360 14 Group V 0000572306 Loan Paid in Full 0 6.500% 180 14 Group V 0000574585 Loan Paid in Full 0 7.500% 360 14 Group V 0000575100 Loan Paid in Full (1) 7.250% 360 14 Group V 0000577717 Loan Paid in Full 0 7.625% 360 14 Group V 0000577912 Loan Paid in Full 0 6.875% 360 14 Group V 0000593714 Loan Paid in Full (1) 7.625% 360 14
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 4.467% Current Month 42.214% Current Month 1,465.043% 3 Month Average 4.616% 3 Month Average 43.166% 3 Month Average 1,611.954% 12 Month Average 4.353% 12 Month Average 31.844% 12 Month Average 2,040.991% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 20.087% N/A Sep-2004 3,328.957% N/A Oct-2004 24.077% N/A Oct-2004 3,006.887% N/A Nov-2004 28.469% N/A Nov-2004 2,814.738% N/A Dec-2004 27.554% N/A Dec-2004 2,236.115% N/A Jan-2005 32.489% N/A Jan-2005 2,206.082% N/A Feb-2005 25.019% N/A Feb-2005 1,492.985% N/A Mar-2005 24.857% N/A Mar-2005 1,363.511% N/A Apr-2005 33.167% N/A Apr-2005 1,591.013% N/A May-2005 36.908% N/A May-2005 1,615.735% N/A Jun-2005 39.153% 25.731% Jun-2005 1,576.507% 2,167.055% Jul-2005 48.133% 29.423% Jul-2005 1,794.312% 2,182.386% Aug-2005 42.214% 31.844% Aug-2005 1,465.043% 2,040.991% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group I SMM CPR PSA Current Month 6.588% Current Month 55.861% Current Month 1,879.554% 3 Month Average 8.311% 3 Month Average 64.174% 3 Month Average 2,331.403% 12 Month Average 8.088% 12 Month Average 51.525% 12 Month Average 3,392.598% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 40.396% N/A Sep-2004 6,806.466% N/A Oct-2004 43.943% N/A Oct-2004 5,544.338% N/A Nov-2004 46.863% N/A Nov-2004 4,627.392% N/A Dec-2004 42.697% N/A Dec-2004 3,423.148% N/A Jan-2005 55.368% N/A Jan-2005 3,612.376% N/A Feb-2005 45.084% N/A Feb-2005 2,587.352% N/A Mar-2005 41.846% N/A Mar-2005 2,273.243% N/A Apr-2005 53.690% N/A Apr-2005 2,483.496% N/A May-2005 55.891% N/A May-2005 2,359.160% N/A Jun-2005 65.161% 43.596% Jun-2005 2,534.560% 3,770.807% Jul-2005 71.498% 48.904% Jul-2005 2,580.094% 3,728.143% Aug-2005 55.861% 51.525% Aug-2005 1,879.554% 3,392.598% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group II SMM CPR PSA Current Month 4.206% Current Month 40.288% Current Month 1,399.578% 3 Month Average 3.838% 3 Month Average 37.231% 3 Month Average 1,384.905% 12 Month Average 3.034% 12 Month Average 21.381% 12 Month Average 1,191.272% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 3.994% N/A Sep-2004 629.296% N/A Oct-2004 14.228% N/A Oct-2004 1,708.007% N/A Nov-2004 14.232% N/A Nov-2004 1,373.012% N/A Dec-2004 14.882% N/A Dec-2004 1,194.488% N/A Jan-2005 23.828% N/A Jan-2005 1,616.263% N/A Feb-2005 10.368% N/A Feb-2005 619.512% N/A Mar-2005 15.825% N/A Mar-2005 852.750% N/A Apr-2005 14.191% N/A Apr-2005 682.629% N/A May-2005 33.336% N/A May-2005 1,464.587% N/A Jun-2005 29.027% 15.382% Jun-2005 1,172.508% 1,197.788% Jul-2005 42.378% 18.579% Jul-2005 1,582.628% 1,199.293% Aug-2005 40.288% 21.381% Aug-2005 1,399.578% 1,191.272% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group III SMM CPR PSA Current Month 5.764% Current Month 50.957% Current Month 1,801.791% 3 Month Average 4.806% 3 Month Average 44.227% 3 Month Average 1,673.224% 12 Month Average 4.798% 12 Month Average 35.129% 12 Month Average 2,477.811% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 25.856% N/A Sep-2004 4,819.057% N/A Oct-2004 30.651% N/A Oct-2004 4,181.287% N/A Nov-2004 34.719% N/A Nov-2004 3,670.420% N/A Dec-2004 32.992% N/A Dec-2004 2,818.727% N/A Jan-2005 36.057% N/A Jan-2005 2,548.534% N/A Feb-2005 25.107% N/A Feb-2005 1,550.435% N/A Mar-2005 27.318% N/A Mar-2005 1,549.886% N/A Apr-2005 35.712% N/A Apr-2005 1,760.618% N/A May-2005 40.456% N/A May-2005 1,815.091% N/A Jun-2005 34.464% 28.496% Jun-2005 1,419.169% 2,696.829% Jul-2005 47.261% 32.141% Jul-2005 1,798.712% 2,683.993% Aug-2005 50.957% 35.129% Aug-2005 1,801.791% 2,477.811% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group IV SMM CPR PSA Current Month 3.156% Current Month 31.940% Current Month 1,126.204% 3 Month Average 3.051% 3 Month Average 30.976% 3 Month Average 1,173.711% 12 Month Average 2.711% 12 Month Average 20.642% 12 Month Average 1,239.299% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 8.181% N/A Sep-2004 1,374.437% N/A Oct-2004 9.012% N/A Oct-2004 1,140.228% N/A Nov-2004 17.691% N/A Nov-2004 1,775.008% N/A Dec-2004 19.020% N/A Dec-2004 1,570.465% N/A Jan-2005 16.794% N/A Jan-2005 1,174.863% N/A Feb-2005 16.437% N/A Feb-2005 1,007.790% N/A Mar-2005 15.094% N/A Mar-2005 842.525% N/A Apr-2005 26.640% N/A Apr-2005 1,307.290% N/A May-2005 25.904% N/A May-2005 1,157.855% N/A Jun-2005 26.359% 15.730% Jun-2005 1,081.613% 1,218.383% Jul-2005 34.628% 18.503% Jul-2005 1,313.314% 1,274.892% Aug-2005 31.940% 20.642% Aug-2005 1,126.204% 1,239.299% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group V SMM CPR PSA Current Month 5.212% Current Month 47.391% Current Month 1,589.338% 3 Month Average 4.178% 3 Month Average 39.637% 3 Month Average 1,411.818% 12 Month Average 3.455% 12 Month Average 24.584% 12 Month Average 1,327.690% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 4.377% N/A Sep-2004 604.458% N/A Oct-2004 17.738% N/A Oct-2004 1,920.156% N/A Nov-2004 19.226% N/A Nov-2004 1,699.278% N/A Dec-2004 25.159% N/A Dec-2004 1,857.387% N/A Jan-2005 22.486% N/A Jan-2005 1,420.063% N/A Feb-2005 16.710% N/A Feb-2005 936.505% N/A Mar-2005 26.507% N/A Mar-2005 1,351.461% N/A Apr-2005 18.047% N/A Apr-2005 822.832% N/A May-2005 25.851% N/A May-2005 1,084.680% N/A Jun-2005 29.092% 17.819% Jun-2005 1,124.823% 1,202.678% Jul-2005 42.428% 21.352% Jul-2005 1,521.292% 1,328.702% Aug-2005 47.391% 24.584% Aug-2005 1,589.338% 1,327.690% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Group I 0 0.00 0.00 0.000% Group II 0 0.00 0.00 0.000% Group III 0 0.00 0.00 0.000% Group IV 0 0.00 0.00 0.000% Group V 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period.
Realized Loss Report - Collateral Summary
MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.001% 12 Month Average 0.051% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.009% N/A Mar-2005 0.613% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.001% Jun-2005 0.000% 0.051% Jul-2005 0.000% 0.001% Jul-2005 0.000% 0.051% Aug-2005 0.000% 0.001% Aug-2005 0.000% 0.051% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.009% 12 Month Average 4.302% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.112% N/A Mar-2005 51.624% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.009% Jun-2005 0.000% 4.302% Jul-2005 0.000% 0.009% Jul-2005 0.000% 4.302% Aug-2005 0.000% 0.009% Aug-2005 0.000% 4.302% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group I MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.003% 12 Month Average 0.200% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.037% N/A Mar-2005 2.395% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.003% Jun-2005 0.000% 0.200% Jul-2005 0.000% 0.003% Jul-2005 0.000% 0.200% Aug-2005 0.000% 0.003% Aug-2005 0.000% 0.200% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.037% 12 Month Average 4.302% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.441% N/A Mar-2005 51.624% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.037% Jun-2005 0.000% 4.302% Jul-2005 0.000% 0.037% Jul-2005 0.000% 4.302% Aug-2005 0.000% 0.037% Aug-2005 0.000% 4.302% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group II MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group III MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group IV MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group V MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 0.000% N/A Sep-2004 0.000% N/A Oct-2004 0.000% N/A Oct-2004 0.000% N/A Nov-2004 0.000% N/A Nov-2004 0.000% N/A Dec-2004 0.000% N/A Dec-2004 0.000% N/A Jan-2005 0.000% N/A Jan-2005 0.000% N/A Feb-2005 0.000% N/A Feb-2005 0.000% N/A Mar-2005 0.000% N/A Mar-2005 0.000% N/A Apr-2005 0.000% N/A Apr-2005 0.000% N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% 0.000% Jun-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Jul-2005 0.000% 0.000% Aug-2005 0.000% 0.000% Aug-2005 0.000% 0.000% *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
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