-----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, GvftJ4LnRRsnhMCd3uCYzkU/oHbghOFBJuB5laZThRjXchDEjFitEPPfR6xLGe7+ eJbjwvk0iA2DTXOkq2nEjA== 0001056404-05-003429.txt : 20051004 0001056404-05-003429.hdr.sgml : 20051004 20051004141127 ACCESSION NUMBER: 0001056404-05-003429 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050926 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051004 DATE AS OF CHANGE: 20051004 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: 051120871 BUSINESS ADDRESS: STREET 1: 520 BROADHOLLOW RD CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 5163967700 8-K 1 ahm04002_10509.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): September 26, 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 September 26, 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 September 26, 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: 9/27/2005 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 September 26, 2005 distribution. EX-99.1
AMERICAN HOME MORTGAGE INVESTMENT TRUST Mortgage-Backed Notes Record Date: 8/31/2005 Distribution Date: 9/26/2005 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 3.99125% 167,663,537.41 594,832.97 II-A 02660TAW3 SEN 3.77000% 135,507,204.07 425,718.47 III-A 02660TAX1 SEN 4.34000% 81,863,945.71 296,074.60 IV-A-1 02660TAY9 SEN 2.44000% 20,380,246.36 41,439.83 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% 64,843,093.51 297,197.51 M-1 02660TBF9 MEZ 4.24125% 44,880,000.00 169,197.60 M-2 02660TBG7 MEZ 5.09125% 13,808,000.00 62,488.87 M-3 02660TBH5 MEZ 6.14125% 8,285,500.00 45,229.62 N 02660TBJ1 MEZ 5.50000% 0.00 0.00 OT AHM0402OT OT 0.00000% 0.00 469,498.56 OC OC 0.00000% 5,523,437.16 0.00 Totals 913,542,964.22 3,767,417.83
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A 15,789,573.17 0.00 151,873,964.24 16,384,406.14 0.00 II-A 6,647,313.29 0.00 128,859,890.78 7,073,031.76 0.00 III-A 4,207,457.47 0.00 77,656,488.24 4,503,532.07 0.00 IV-A-1 14,504,630.71 0.00 5,875,615.65 14,546,070.54 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 3,308,540.89 0.00 61,534,552.62 3,605,738.40 0.00 M-1 0.00 0.00 44,880,000.00 169,197.60 0.00 M-2 0.00 0.00 13,808,000.00 62,488.87 0.00 M-3 0.00 0.00 8,285,500.00 45,229.62 0.00 N 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 0.00 469,498.56 0.00 OC 0.00 0.00 5,523,437.16 0.00 0.00 Totals 44,457,515.53 0.00 869,085,448.69 48,224,933.36 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 391,853,000.00 167,663,537.41 0.00 15,789,573.17 0.00 0.00 II-A 179,968,000.00 135,507,204.07 0.00 6,647,313.29 0.00 0.00 III-A 135,297,000.00 81,863,945.71 0.00 4,207,457.47 0.00 0.00 IV-A-1 139,521,000.00 20,380,246.36 0.00 14,504,630.71 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 64,843,093.51 0.00 3,308,540.89 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 1,394,859,289.25 913,542,964.22 0.00 44,457,515.53 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 15,789,573.17 151,873,964.24 0.38757892 15,789,573.17 II-A 6,647,313.29 128,859,890.78 0.71601557 6,647,313.29 III-A 4,207,457.47 77,656,488.24 0.57397051 4,207,457.47 IV-A-1 14,504,630.71 5,875,615.65 0.04211277 14,504,630.71 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 3,308,540.89 61,534,552.62 0.67668722 3,308,540.89 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 44,457,515.53 869,085,448.69 0.62306317 44,457,515.53
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A 391,853,000.00 427.87355822 0.00000000 40.29463388 0.00000000 II-A 179,968,000.00 752.95165846 0.00000000 36.93608469 0.00000000 III-A 135,297,000.00 605.06844727 0.00000000 31.09793617 0.00000000 IV-A-1 139,521,000.00 146.07296651 0.00000000 103.96019746 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 90,935,000.00 713.07080343 0.00000000 36.38358047 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 40.29463388 387.57892434 0.38757892 40.29463388 II-A 0.00000000 36.93608469 716.01557377 0.71601557 36.93608469 III-A 0.00000000 31.09793617 573.97051110 0.57397051 31.09793617 IV-A-1 0.00000000 103.96019746 42.11276905 0.04211277 103.96019746 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 36.38358047 676.68722296 0.67668722 36.38358047 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 3.99125% 167,663,537.41 594,832.97 0.00 0.00 II-A 179,968,000.00 3.77000% 135,507,204.07 425,718.47 0.00 0.00 III-A 135,297,000.00 4.34000% 81,863,945.71 296,074.60 0.00 0.00 IV-A-1 139,521,000.00 2.44000% 20,380,246.36 41,439.83 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% 64,843,093.51 297,197.51 0.00 0.00 M-1 44,880,000.00 4.24125% 44,880,000.00 169,197.60 0.00 0.00 M-2 13,808,000.00 5.09125% 13,808,000.00 62,488.87 0.00 0.00 M-3 8,285,500.00 6.14125% 8,285,500.00 45,229.62 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 3,297,919.27 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 0.00 594,832.97 0.00 151,873,964.24 II-A 0.00 0.00 425,718.47 0.00 128,859,890.78 III-A 0.00 0.00 296,074.60 0.00 77,656,488.24 IV-A-1 0.00 0.00 41,439.83 0.00 5,875,615.65 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 0.00 297,197.51 0.00 61,534,552.62 M-1 0.00 0.00 169,197.60 0.00 44,880,000.00 M-2 0.00 0.00 62,488.87 0.00 13,808,000.00 M-3 0.00 0.00 45,229.62 0.00 8,285,500.00 N 0.00 0.00 0.00 0.00 0.00 OT 0.00 0.00 469,498.56 0.00 0.00 OC 0.00 0.00 0.00 0.00 5,523,437.16 Totals 0.00 0.00 3,767,417.83 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 3.99125% 427.87355822 1.51800030 0.00000000 0.00000000 II-A 179,968,000.00 3.77000% 752.95165846 2.36552315 0.00000000 0.00000000 III-A 135,297,000.00 4.34000% 605.06844727 2.18833086 0.00000000 0.00000000 IV-A-1 139,521,000.00 2.44000% 146.07296651 0.29701500 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% 713.07080343 3.26824116 0.00000000 0.00000000 M-1 44,880,000.00 4.24125% 1000.00000000 3.77000000 0.00000000 0.00000000 M-2 13,808,000.00 5.09125% 1000.00000000 4.52555548 0.00000000 0.00000000 M-3 8,285,500.00 6.14125% 1000.00000000 5.45888842 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 1.51800030 0.00000000 387.57892434 II-A 0.00000000 0.00000000 2.36552315 0.00000000 716.01557377 III-A 0.00000000 0.00000000 2.18833086 0.00000000 573.97051110 IV-A-1 0.00000000 0.00000000 0.29701500 0.00000000 42.11276905 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 3.26824116 0.00000000 676.68722296 M-1 0.00000000 0.00000000 3.77000000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 4.52555548 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 5.45888842 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 48,466,837.12 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 78,784.62 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 48,545,621.74 Withdrawals Reimbursement for Servicer Advances 86,401.76 Payment of Service Fee 234,286.59 Payment of Interest and Principal 48,224,933.39 Total Withdrawals (Pool Distribution Amount) 48,545,621.74 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 234,286.59 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 234,286.59
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance N_CLASS_RESERVE_FUND 25,433.90 0.00 63.54 25,549.30 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 3 0 0 3 418,235.77 0.00 0.00 418,235.77 30 Days 22 0 0 0 22 4,974,803.70 0.00 0.00 0.00 4,974,803.70 60 Days 2 0 3 0 5 200,630.16 0.00 246,794.50 0.00 447,424.66 90 Days 2 0 1 0 3 248,745.53 0.00 161,412.43 0.00 410,157.96 120 Days 1 1 3 0 5 56,210.41 217,600.00 602,325.09 0.00 876,135.50 150 Days 1 1 2 0 4 136,200.00 140,722.34 462,913.59 0.00 739,835.93 180+ Days 9 3 11 0 23 1,920,205.69 399,993.14 3,595,455.17 0.00 5,915,654.00 Totals 37 8 20 0 65 7,536,795.49 1,176,551.25 5,068,900.78 0.00 13,782,247.52 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 0.089579% 0.000000% 0.000000% 0.089579% 0.048097% 0.000000% 0.000000% 0.048097% 30 Days 0.656913% 0.000000% 0.000000% 0.000000% 0.656913% 0.572105% 0.000000% 0.000000% 0.000000% 0.572105% 60 Days 0.059719% 0.000000% 0.089579% 0.000000% 0.149298% 0.023073% 0.000000% 0.028382% 0.000000% 0.051454% 90 Days 0.059719% 0.000000% 0.029860% 0.000000% 0.089579% 0.028606% 0.000000% 0.018563% 0.000000% 0.047168% 120 Days 0.029860% 0.029860% 0.089579% 0.000000% 0.149298% 0.006464% 0.025024% 0.069268% 0.000000% 0.100756% 150 Days 0.029860% 0.029860% 0.059719% 0.000000% 0.119439% 0.015663% 0.016183% 0.053235% 0.000000% 0.085082% 180+ Days 0.268737% 0.089579% 0.328456% 0.000000% 0.686772% 0.220825% 0.045999% 0.413479% 0.000000% 0.680304% Totals 1.104807% 0.238877% 0.597193% 0.000000% 1.940878% 0.866736% 0.135304% 0.582926% 0.000000% 1.584966%
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 8 0 0 0 8 2,110,865.92 0.00 0.00 0.00 2,110,865.92 60 Days 2 0 1 0 3 200,630.16 0.00 57,614.18 0.00 258,244.34 90 Days 1 0 0 0 1 57,731.59 0.00 0.00 0.00 57,731.59 120 Days 1 1 0 0 2 56,210.41 217,600.00 0.00 0.00 273,810.41 150 Days 1 0 0 0 1 136,200.00 0.00 0.00 0.00 136,200.00 180+ Days 2 3 4 0 9 320,503.48 399,993.14 1,111,650.49 0.00 1,832,147.11 Totals 15 4 5 0 24 2,882,141.56 617,593.14 1,169,264.67 0.00 4,668,999.37 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.134752% 0.000000% 0.000000% 0.000000% 1.134752% 1.215701% 0.000000% 0.000000% 0.000000% 1.215701% 60 Days 0.283688% 0.000000% 0.141844% 0.000000% 0.425532% 0.115548% 0.000000% 0.033181% 0.000000% 0.148729% 90 Days 0.141844% 0.000000% 0.000000% 0.000000% 0.141844% 0.033249% 0.000000% 0.000000% 0.000000% 0.033249% 120 Days 0.141844% 0.141844% 0.000000% 0.000000% 0.283688% 0.032373% 0.125321% 0.000000% 0.000000% 0.157694% 150 Days 0.141844% 0.000000% 0.000000% 0.000000% 0.141844% 0.078441% 0.000000% 0.000000% 0.000000% 0.078441% 180+ Days 0.283688% 0.425532% 0.567376% 0.000000% 1.276596% 0.184586% 0.230366% 0.640228% 0.000000% 1.055180% Totals 2.127660% 0.567376% 0.709220% 0.000000% 3.404255% 1.659898% 0.355688% 0.673409% 0.000000% 2.688995% 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 1 179,438.82 0.00 0.00 179,438.82 30 Days 2 0 0 0 2 821,952.58 0.00 0.00 0.00 821,952.58 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 2 1 1 0 4 821,952.58 179,438.82 648,000.00 0.00 1,649,391.40 0-29 Days 0.238663% 0.000000% 0.000000% 0.238663% 0.129195% 0.000000% 0.000000% 0.129195% 30 Days 0.477327% 0.000000% 0.000000% 0.000000% 0.477327% 0.591802% 0.000000% 0.000000% 0.000000% 0.591802% 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% 0.238663% 0.000000% 0.238663% 0.000000% 0.000000% 0.466557% 0.000000% 0.466557% Totals 0.477327% 0.238663% 0.238663% 0.000000% 0.954654% 0.591802% 0.129195% 0.466557% 0.000000% 1.187553% 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 771,204.46 0.00 0.00 0.00 771,204.46 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 1 0 1 0.00 0.00 161,412.43 0.00 161,412.43 120 Days 0 0 1 0 1 0.00 0.00 103,217.47 0.00 103,217.47 150 Days 0 0 1 0 1 0.00 0.00 78,374.47 0.00 78,374.47 180+ Days 2 0 2 0 4 561,167.44 0.00 997,418.41 0.00 1,558,585.85 Totals 5 0 5 0 10 1,332,371.90 0.00 1,340,422.78 0.00 2,672,794.68 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.740741% 0.000000% 0.000000% 0.000000% 0.740741% 0.904654% 0.000000% 0.000000% 0.000000% 0.904654% 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% 0.246914% 0.000000% 0.246914% 0.000000% 0.000000% 0.189343% 0.000000% 0.189343% 120 Days 0.000000% 0.000000% 0.246914% 0.000000% 0.246914% 0.000000% 0.000000% 0.121078% 0.000000% 0.121078% 150 Days 0.000000% 0.000000% 0.246914% 0.000000% 0.246914% 0.000000% 0.000000% 0.091936% 0.000000% 0.091936% 180+ Days 0.493827% 0.000000% 0.493827% 0.000000% 0.987654% 0.658272% 0.000000% 1.170012% 0.000000% 1.828285% Totals 1.234568% 0.000000% 1.234568% 0.000000% 2.469136% 1.562926% 0.000000% 1.572370% 0.000000% 3.135297% 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 780,372.85 0.00 0.00 0.00 780,372.85 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 2 0 2 0.00 0.00 499,107.62 0.00 499,107.62 150 Days 0 1 1 0 2 0.00 140,722.34 384,539.12 0.00 525,261.46 180+ Days 3 0 3 0 6 845,594.52 0.00 616,454.50 0.00 1,462,049.02 Totals 8 1 6 0 15 1,625,967.37 140,722.34 1,500,101.24 0.00 3,266,790.95 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.356888% 0.000000% 0.000000% 0.000000% 0.356888% 0.192619% 0.000000% 0.000000% 0.000000% 0.192619% 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% 0.142755% 0.000000% 0.142755% 0.000000% 0.000000% 0.123195% 0.000000% 0.123195% 150 Days 0.000000% 0.071378% 0.071378% 0.000000% 0.142755% 0.000000% 0.034734% 0.094916% 0.000000% 0.129650% 180+ Days 0.214133% 0.000000% 0.214133% 0.000000% 0.428266% 0.208718% 0.000000% 0.152159% 0.000000% 0.360878% Totals 0.571021% 0.071378% 0.428266% 0.000000% 1.070664% 0.401338% 0.034734% 0.370270% 0.000000% 0.806342% 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 2 0 0 2 238,796.95 0.00 0.00 238,796.95 30 Days 4 0 0 0 4 490,407.89 0.00 0.00 0.00 490,407.89 60 Days 0 0 2 0 2 0.00 0.00 189,180.32 0.00 189,180.32 90 Days 1 0 0 0 1 191,013.94 0.00 0.00 0.00 191,013.94 120 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 2 0 1 0 3 192,940.25 0.00 221,931.77 0.00 414,872.02 Totals 7 2 3 0 12 874,362.08 238,796.95 411,112.09 0.00 1,524,271.12 0-29 Days 0.477327% 0.000000% 0.000000% 0.477327% 0.358275% 0.000000% 0.000000% 0.358275% 30 Days 0.954654% 0.000000% 0.000000% 0.000000% 0.954654% 0.735776% 0.000000% 0.000000% 0.000000% 0.735776% 60 Days 0.000000% 0.000000% 0.477327% 0.000000% 0.477327% 0.000000% 0.000000% 0.283834% 0.000000% 0.283834% 90 Days 0.238663% 0.000000% 0.000000% 0.000000% 0.238663% 0.286585% 0.000000% 0.000000% 0.000000% 0.286585% 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 0.477327% 0.000000% 0.238663% 0.000000% 0.715990% 0.289475% 0.000000% 0.332972% 0.000000% 0.622447% Totals 1.670644% 0.477327% 0.715990% 0.000000% 2.863962% 1.311835% 0.358275% 0.616805% 0.000000% 2.286916%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 78,784.62
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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 8 Oct-04 0.040% Original Principal Balance 1,362,545.00 Nov-04 0.167% Current Principal Balance 1,351,692.09 Dec-04 0.180% Jan-05 0.438% Current Foreclosure Total Feb-05 0.523% Loans in Foreclosure 20 Mar-05 0.634% Original Principal Balance 5,093,470.00 Apr-05 0.650% Current Principal Balance 5,068,900.78 May-05 0.574% Jun-05 0.672% Jul-05 0.726% Aug-05 0.589% Sep-05 0.583% *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 Oct-04 0.000% Original Principal Balance 58,300.00 Nov-04 0.320% Current Principal Balance 57,614.18 Dec-04 0.217% Jan-05 0.296% Current Foreclosure Total Feb-05 0.564% Loans in Foreclosure 5 Mar-05 0.876% Original Principal Balance 1,173,000.00 Apr-05 0.828% Current Principal Balance 1,169,264.67 May-05 0.935% Jun-05 1.083% Jul-05 0.884% Aug-05 0.717% Sep-05 0.673% *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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.365% Current Foreclosure Total Feb-05 0.444% Loans in Foreclosure 1 Mar-05 0.450% Original Principal Balance 648,000.00 Apr-05 0.455% Current Principal Balance 648,000.00 May-05 0.390% Jun-05 0.401% Jul-05 0.426% Aug-05 0.445% Sep-05 0.467% *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 Oct-04 0.356% Original Principal Balance 103,920.00 Nov-04 0.537% Current Principal Balance 103,217.47 Dec-04 0.955% Jan-05 1.504% Current Foreclosure Total Feb-05 1.541% Loans in Foreclosure 5 Mar-05 2.554% Original Principal Balance 1,346,045.00 Apr-05 3.021% Current Principal Balance 1,340,422.78 May-05 2.249% Jun-05 1.867% Jul-05 2.082% Aug-05 1.383% Sep-05 1.572% *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 4 Oct-04 0.000% Original Principal Balance 1,009,725.00 Nov-04 0.000% Current Principal Balance 1,001,680.12 Dec-04 0.000% Jan-05 0.225% Current Foreclosure Total Feb-05 0.229% Loans in Foreclosure 6 Mar-05 0.082% Original Principal Balance 1,510,825.00 Apr-05 0.046% Current Principal Balance 1,500,101.24 May-05 0.047% Jun-05 0.235% Jul-05 0.310% Aug-05 0.320% Sep-05 0.370% *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 2 Oct-04 0.058% Original Principal Balance 190,600.00 Nov-04 0.355% Current Principal Balance 189,180.32 Dec-04 0.364% Jan-05 0.852% Current Foreclosure Total Feb-05 0.865% Loans in Foreclosure 3 Mar-05 0.810% Original Principal Balance 415,600.00 Apr-05 0.824% Current Principal Balance 411,112.09 May-05 0.711% Jun-05 1.017% Jul-05 1.609% Aug-05 1.132% Sep-05 0.617% *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 0000554982 Sep-2005 01-Jul-2004 IL 89.97 58,300.00 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 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 0000582821 Sep-2005 01-Aug-2004 NC 80.00 103,920.00 Group III 0000583818 Mar-2005 01-Aug-2004 NY 86.20 500,000.00 Group IV 0000407144 Sep-2005 01-Jun-2004 GA 95.00 118,655.00 Group IV 0000528503 Sep-2005 01-May-2004 IL 93.00 185,070.00 Group IV 0000546500 Sep-2005 01-Jun-2004 MA 90.00 387,000.00 Group IV 0000556291 Mar-2005 01-Aug-2004 CO 80.00 217,600.00 Group IV 0000560743 Sep-2005 01-Jul-2004 NJ 79.75 319,000.00 Group IV 0000568193 Jul-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 0000566501 Sep-2005 01-Aug-2004 IL 90.00 117,000.00 Group V 0000585683 Sep-2005 01-Aug-2004 MO 80.00 73,600.00
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 7 6.125% 3,204.05 Group I 0000552678 475,157.76 01-Jul-2004 12 6.625% 35,130.03 Group I 0000554982 57,614.18 01-May-2005 2 5.750% 1,030.54 Group I 0000579864 438,989.41 01-Oct-2004 9 7.375% 28,558.04 Group I 0000583397 122,898.56 01-Jan-2005 6 7.125% 5,514.13 Group II 0000461593 648,000.00 01-Jun-2004 13 4.625% 35,112.80 Group III 0000517008 78,374.47 01-Feb-2005 5 5.875% 2,506.29 Group III 0000538596 161,412.43 01-Apr-2005 3 7.000% 4,447.75 Group III 0000557988 498,879.82 01-Sep-2004 10 7.500% 36,014.87 Group III 0000582821 103,217.47 01-Mar-2005 4 7.125% 3,476.16 Group III 0000583818 498,538.59 01-Nov-2004 8 7.625% 30,534.94 Group IV 0000407144 118,033.38 01-Nov-2004 8 6.750% 6,244.88 Group IV 0000528503 182,841.99 01-Mar-2005 4 5.625% 4,785.84 Group IV 0000546500 384,539.12 01-Feb-2005 5 7.875% 17,065.89 Group IV 0000556291 216,595.03 01-Nov-2004 8 5.250% 8,752.17 Group IV 0000560743 316,265.63 01-Mar-2005 4 6.500% 9,662.25 Group IV 0000568193 281,826.09 01-Jan-2005 6 6.250% 10,999.72 Group V 0000390577 221,931.77 01-Jan-2005 6 7.250% 10,324.75 Group V 0000566501 116,128.55 01-May-2005 2 7.625% 2,851.49 Group V 0000585683 73,051.77 01-May-2005 2 7.625% 1,793.74
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 5.256507% Weighted Average Net Coupon 4.948756% Weighted Average Pass-Through Rate 4.948756% Weighted Average Maturity(Stepdown Calculation) 343 Beginning Scheduled Collateral Loan Count 3,511 Number Of Loans Paid In Full 162 Ending Scheduled Collateral Loan Count 3,349 Beginning Scheduled Collateral Balance 913,542,964.22 Ending Scheduled Collateral Balance 869,085,448.69 Ending Actual Collateral Balance at 31-Aug-2005 869,560,982.12 Monthly P&I Constant 4,492,892.38 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 55,907.07 Scheduled Principal 491,187.94 Unscheduled Principal 43,966,327.59 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 487,301.31
Group Level Collateral Statement Group Group I Group II Group III Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.682998 4.281164 5.697750 Weighted Average Net Rate 5.350468 3.988490 5.357329 Weighted Average Maturity 344 343 345 Beginning Loan Count 760 442 423 Loans Paid In Full 55 23 18 Ending Loan Count 705 419 405 Beginning Scheduled Balance 189,345,943.72 145,485,080.75 89,367,218.67 Ending Scheduled Balance 173,556,370.55 138,837,767.46 85,159,761.20 Record Date 08/31/2005 08/31/2005 08/31/2005 Principal And Interest Constant 970,490.37 567,170.09 500,480.49 Scheduled Principal 73,779.85 48,132.14 76,153.75 Unscheduled Principal 15,715,793.32 6,599,181.15 4,131,303.72 Scheduled Interest 896,710.52 519,037.95 424,326.74 Servicing Fees 52,469.35 35,483.10 25,352.10 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 844,241.17 483,554.85 398,974.64 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 5.350468 3.988490 5.357329
Group Level Collateral Statement Group Group IV Group V Total Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 5.068625 6.694826 5.256507 Weighted Average Net Rate 4.764168 6.444826 4.948756 Weighted Average Maturity 344 325 343 Beginning Loan Count 1,451 435 3,511 Loans Paid In Full 50 16 162 Ending Loan Count 1,401 419 3,349 Beginning Scheduled Balance 419,457,737.97 69,886,983.11 913,542,964.22 Ending scheduled Balance 404,953,107.26 66,578,442.22 869,085,448.69 Record Date 08/31/2005 08/31/2005 08/31/2005 Principal And Interest Constant 1,981,340.13 473,411.30 4,492,892.38 Scheduled Principal 209,611.91 83,510.29 491,187.94 Unscheduled Principal 14,295,018.80 3,225,030.60 43,966,327.59 Scheduled Interest 1,771,728.22 389,901.01 4,001,704.44 Servicing Fees 106,422.25 14,559.79 234,286.59 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 1,665,305.97 375,341.22 3,767,417.85 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 4.764168 6.444826 4.948756
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 55 15,668,740.00 15,529,916.95 0 0.00 0.00 Group II 23 6,658,510.00 6,576,933.77 0 0.00 0.00 Group III 18 4,118,975.00 4,051,481.01 0 0.00 0.00 Group IV 50 13,989,834.00 13,887,566.26 0 0.00 0.00 Group V 16 3,034,960.00 2,998,211.27 0 0.00 0.00 Total 162 43,471,019.00 43,044,109.26 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 0.00 185,961.77 Group II 0 0.00 0.00 0 0.00 0.00 22,206.92 Group III 0 0.00 0.00 0 0.00 0.00 80,231.03 Group IV 0 0.00 0.00 0 0.00 0.00 408,067.74 Group V 0 0.00 0.00 0 0.00 0.00 226,869.33 Total 0 0.00 0.00 0 0.00 0.00 923,336.79
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group I 0000472522 DE 77.59 01-Jun-2004 403,500.00 403,500.00 Group I 0000479136 IL 75.00 01-May-2004 117,000.00 114,973.68 Group I 0000496874 CO 33.09 01-Jun-2004 196,300.00 196,292.69 Group I 0000499800 ME 80.00 01-Jun-2004 240,000.00 235,930.68 Group I 0000501350 SC 95.00 01-Jun-2004 232,750.00 232,701.49 Group I 0000506067 NY 41.18 01-May-2004 350,000.00 350,000.00 Group I 0000507521 IL 71.12 01-May-2004 377,000.00 375,472.43 Group I 0000509115 VA 76.44 01-Jun-2004 730,000.00 730,000.00 Group I 0000512133 MA 90.00 01-Jul-2004 413,910.00 408,856.26 Group I 0000518423 IL 75.00 01-Jun-2004 416,250.00 415,400.00 Group I 0000527137 MD 80.00 01-Jun-2004 161,600.00 161,600.00 Group I 0000530370 IL 26.87 01-Jul-2004 50,000.00 49,145.99 Group I 0000534317 MD 80.00 01-Jun-2004 540,000.00 530,574.84 Group I 0000535023 WI 95.00 01-Jul-2004 214,700.00 211,749.47 Group I 0000537851 NV 80.00 01-Jun-2004 788,000.00 788,000.00 Group I 0000540439 CA 65.93 01-Jun-2004 445,000.00 440,144.55 Group I 0000540455 IL 80.00 01-Jul-2004 120,800.00 119,325.04 Group I 0000540699 AZ 86.77 01-Jun-2004 199,600.00 196,215.30 Group I 0000540768 OH 80.00 01-Jun-2004 244,000.00 243,953.37 Group I 0000541461 IL 90.69 01-Jun-2004 185,000.00 181,506.88 Group I 0000548546 FL 94.98 01-Jun-2004 246,000.00 242,195.29 Group I 0000551803 MD 69.08 01-Jul-2004 380,000.00 379,938.00 Group I 0000554063 AZ 94.97 01-Aug-2004 259,100.00 256,100.00 Group I 0000555386 CA 80.00 01-Jul-2004 260,000.00 260,000.00 Group I 0000555740 IL 80.00 01-Jul-2004 172,000.00 172,000.00 Group I 0000557485 AZ 68.69 01-Jun-2004 111,300.00 109,578.55 Group I 0000558459 NY 93.91 01-Jul-2004 333,700.00 327,801.58 Group I 0000559265 IL 79.59 01-Jun-2004 160,000.00 156,759.20 Group I 0000559294 CO 80.00 01-Jul-2004 404,000.00 403,100.00 Group I 0000560328 FL 95.00 01-Jul-2004 146,300.00 144,336.01 Group I 0000561056 TX 80.00 01-Jul-2004 100,000.00 98,525.83 Group I 0000561088 MD 89.80 01-Aug-2004 97,000.00 95,873.80 Group I 0000561574 IL 90.00 01-Jul-2004 216,000.00 211,071.86 Group I 0000562083 NY 95.00 01-Aug-2004 384,750.00 380,703.57 Group I 0000562389 FL 80.00 01-Jul-2004 140,000.00 139,608.57 Group I 0000565827 IL 90.00 01-Jul-2004 169,200.00 166,874.74 Group I 0000569257 VA 95.00 01-Jul-2004 198,550.00 195,569.24 Group I 0000571718 CA 69.94 01-Jul-2004 263,000.00 263,000.00 Group I 0000571719 AZ 80.00 01-Jul-2004 238,400.00 238,399.67 Group I 0000573070 CA 95.00 01-Jul-2004 474,050.00 474,050.00 Group I 0000576206 TX 90.00 01-Aug-2004 224,910.00 222,656.89 Group I 0000577130 MT 80.00 01-Jul-2004 123,200.00 123,200.00 Group I 0000579474 CA 80.00 01-Aug-2004 310,400.00 310,395.68 Group I 0000583092 VA 80.00 01-Aug-2004 500,000.00 500,000.00 Group I 0000585474 TX 80.00 01-Aug-2004 106,320.00 106,320.00 Group I 0034977673 CA 80.00 01-Nov-2003 620,000.00 574,290.99 Group I 0035084355 AZ 79.16 01-Feb-2004 47,500.00 47,341.22 Group I 0035099581 CO 80.00 01-Feb-2004 408,000.00 407,146.26 Group I 0036400538 CO 70.00 01-Dec-2003 301,000.00 300,989.97 Group I 0036731806 MA 71.52 01-Jan-2004 397,000.00 397,000.00 Group I 0037119051 CA 67.84 01-Jan-2004 363,000.00 363,000.00 Group I 0037151323 GA 75.00 01-Jan-2004 120,000.00 111,564.08 Group I 0037375041 SC 80.00 01-Feb-2004 544,000.00 542,609.07 Group I 0037434968 CA 71.33 01-Feb-2004 303,200.00 303,200.00 Group I 0042293808 OR 70.00 01-Feb-2004 121,450.00 119,288.81 Group II 0000351919 IN 80.00 01-Aug-2003 201,600.00 193,717.43 Group II 0000461430 MD 79.48 01-Jan-2004 248,000.00 246,398.87 Group II 0000500405 IL 80.00 01-Apr-2004 156,800.00 156,800.00 Group II 0000508066 CA 76.59 01-Jun-2004 249,700.00 249,700.00 Group II 0000511013 CA 80.00 01-May-2004 272,000.00 272,000.00 Group II 0000513336 NY 68.97 01-Jul-2004 1,000,000.00 942,413.82 Group II 0000514104 MD 80.00 01-Jun-2004 269,600.00 269,073.91 Group II 0000514763 NJ 68.51 01-Jun-2004 418,000.00 418,000.00 Group II 0000521790 VA 80.00 01-Jun-2004 244,000.00 243,999.61 Group II 0000531545 GA 70.00 01-Jun-2004 189,000.00 188,133.13 Group II 0000537518 IL 61.54 01-Jun-2004 480,000.00 469,149.75 Group II 0000541065 IL 80.00 01-Jun-2004 172,000.00 172,000.00 Group II 0000542036 AZ 80.00 01-Jun-2004 120,800.00 120,800.00 Group II 0000542410 MI 80.45 01-Jul-2004 104,600.00 102,590.68 Group II 0000551171 TX 87.86 01-Jun-2004 246,010.00 246,009.64 Group II 0000558269 OR 80.00 01-Jun-2004 172,800.00 172,800.00 Group II 0000566598 OH 80.00 01-Aug-2004 129,600.00 129,600.00 Group II 0000573245 CA 80.00 01-Jul-2004 408,000.00 408,000.00 Group II 0000577449 CA 80.00 01-Aug-2004 472,000.00 471,787.39 Group II 0000583982 MD 80.00 01-Aug-2004 225,200.00 225,200.00 Group II 0000585087 CA 80.00 01-Aug-2004 290,800.00 290,800.00 Group II 0000585353 WA 80.00 01-Aug-2004 272,000.00 272,000.00 Group II 0000585968 OR 80.00 01-Aug-2004 316,000.00 316,000.00 Group III 0000514392 AZ 94.98 01-Jul-2004 165,600.00 163,363.45 Group III 0000517303 IL 71.43 01-May-2004 450,000.00 435,981.57 Group III 0000523695 IL 95.00 01-Jun-2004 296,875.00 289,820.15 Group III 0000533173 NV 79.51 01-Jul-2004 519,200.00 510,813.56 Group III 0000534309 TX 95.00 01-May-2004 109,250.00 107,443.04 Group III 0000536110 AZ 90.00 01-Jun-2004 189,000.00 186,072.74 Group III 0000545872 NV 80.00 01-Jun-2004 176,000.00 172,271.27 Group III 0000549746 CT 70.00 01-Jul-2004 175,000.00 174,917.97 Group III 0000552773 FL 80.00 01-Jun-2004 78,000.00 76,875.10 Group III 0000552861 IL 95.00 01-Aug-2004 399,000.00 393,162.19 Group III 0000553730 MD 80.00 01-Jun-2004 244,000.00 239,589.42 Group III 0000556484 MD 75.68 01-Jul-2004 280,000.00 280,000.00 Group III 0000561060 IL 75.00 01-Jul-2004 132,000.00 127,928.55 Group III 0000571684 AZ 80.00 01-Aug-2004 112,800.00 111,238.00 Group III 0000572257 IL 74.36 01-Jul-2004 145,000.00 143,007.27 Group III 0000572989 CO 80.00 01-Jul-2004 284,000.00 277,439.15 Group III 0000574773 OR 95.00 01-Aug-2004 166,250.00 164,183.24 Group III 0000587392 OH 79.76 01-Aug-2004 197,000.00 196,966.02 Group IV 0000418132 FL 86.26 01-Nov-2003 155,279.00 150,228.23 Group IV 0000497864 NC 80.00 01-May-2004 418,000.00 418,000.00 Group IV 0000507564 SC 80.00 01-May-2004 128,000.00 128,000.00 Group IV 0000511617 CA 75.00 01-May-2004 285,000.00 279,861.82 Group IV 0000514934 NY 90.00 01-Jul-2004 261,000.00 257,328.32 Group IV 0000515190 PA 92.77 01-Jun-2004 180,000.00 177,216.01 Group IV 0000516144 VA 80.00 01-May-2004 584,800.00 574,198.75 Group IV 0000517933 VA 80.00 01-Jun-2004 128,000.00 127,716.78 Group IV 0000519137 AZ 80.00 01-May-2004 184,800.00 181,126.43 Group IV 0000523987 IL 50.20 01-May-2004 590,000.00 576,642.90 Group IV 0000524145 CA 80.00 01-May-2004 328,000.00 328,000.00 Group IV 0000524149 MD 56.25 01-May-2004 225,000.00 220,377.67 Group IV 0000528854 CO 78.12 01-Jun-2004 418,000.00 417,400.00 Group IV 0000529229 WA 80.00 01-Jun-2004 148,400.00 145,519.56 Group IV 0000532870 CA 89.37 01-Jun-2004 185,000.00 182,071.80 Group IV 0000534089 FL 33.86 01-Jul-2004 105,000.00 99,230.79 Group IV 0000535964 MD 80.00 01-Jun-2004 204,000.00 203,983.55 Group IV 0000536037 SC 90.00 01-Aug-2004 296,100.00 294,046.92 Group IV 0000536301 CA 90.00 01-Jun-2004 251,550.00 247,381.11 Group IV 0000536704 AZ 80.00 01-Jul-2004 216,000.00 215,982.06 Group IV 0000540075 WA 80.00 01-Jun-2004 296,000.00 290,865.79 Group IV 0000546089 AZ 95.00 01-Jun-2004 149,055.00 146,905.35 Group IV 0000546460 VA 80.00 01-Jun-2004 444,000.00 441,948.75 Group IV 0000547338 CA 80.00 01-Jun-2004 448,000.00 446,618.35 Group IV 0000547923 CA 80.00 01-Jul-2004 193,700.00 193,662.53 Group IV 0000548376 CA 68.25 01-Jun-2004 460,000.00 458,500.00 Group IV 0000548405 CA 80.00 01-Jun-2004 212,000.00 211,697.46 Group IV 0000549937 MD 90.00 01-Jul-2004 171,000.00 167,972.46 Group IV 0000552582 AZ 80.00 01-Jul-2004 108,000.00 107,990.87 Group IV 0000556203 VA 72.06 01-Jun-2004 240,000.00 236,603.01 Group IV 0000556471 CA 80.00 01-Jul-2004 220,000.00 219,974.23 Group IV 0000557739 MD 80.00 01-Jul-2004 268,800.00 267,800.00 Group IV 0000558138 AZ 94.30 01-Jul-2004 215,000.00 215,000.00 Group IV 0000558282 IL 92.26 01-Aug-2004 203,000.00 200,355.03 Group IV 0000559953 VA 80.00 01-Jul-2004 332,000.00 331,569.85 Group IV 0000561036 AZ 89.97 01-Jul-2004 151,750.00 149,615.18 Group IV 0000561193 VA 69.56 01-Jul-2004 240,000.00 238,995.89 Group IV 0000561229 VA 75.00 01-Jul-2004 615,000.00 614,721.27 Group IV 0000562192 IL 80.00 01-Jul-2004 204,000.00 200,898.68 Group IV 0000563274 CA 79.98 01-Jul-2004 481,400.00 481,400.00 Group IV 0000563382 IA 95.00 01-Aug-2004 144,400.00 142,562.06 Group IV 0000566200 CA 79.73 01-Jul-2004 303,000.00 303,000.00 Group IV 0000566306 IL 90.00 01-Jul-2004 283,500.00 283,496.60 Group IV 0000568001 CA 80.00 01-Jul-2004 455,200.00 455,182.92 Group IV 0000570790 VA 80.00 01-Jul-2004 376,800.00 375,401.39 Group IV 0000571706 AZ 84.02 01-Jul-2004 281,500.00 281,500.00 Group IV 0000573732 CA 59.02 01-Aug-2004 428,000.00 428,000.00 Group IV 0000574387 VA 80.00 01-Aug-2004 192,800.00 192,800.00 Group IV 0000575662 IL 35.56 01-Aug-2004 400,000.00 397,600.69 Group IV 0000582417 DC 78.26 01-Aug-2004 180,000.00 180,000.00 Group V 0000462210 FL 102.80 01-Feb-2004 76,200.00 74,548.13 Group V 0000532922 VA 80.00 01-Aug-2004 151,200.00 149,338.20 Group V 0000537065 IL 60.27 01-Jul-2004 226,000.00 222,512.50 Group V 0000549987 IL 79.58 01-Jul-2004 191,000.00 188,673.03 Group V 0000550839 NY 59.86 01-Jul-2004 221,500.00 218,525.04 Group V 0000554038 CA 80.00 01-Jul-2004 260,000.00 256,748.75 Group V 0000557854 NY 95.00 01-Jul-2004 270,750.00 268,283.99 Group V 0000558438 AZ 90.00 01-Jul-2004 105,210.00 102,837.54 Group V 0000561541 WA 90.00 01-Jul-2004 107,100.00 105,912.41 Group V 0000563226 FL 90.00 01-Jul-2004 103,500.00 102,165.59 Group V 0000563434 AZ 80.00 01-Aug-2004 160,000.00 158,191.14 Group V 0000571667 OR 94.12 01-Aug-2004 400,000.00 395,992.74 Group V 0000572722 CA 80.00 01-Aug-2004 228,000.00 225,711.45 Group V 0000578045 FL 46.81 01-Jul-2004 88,000.00 86,925.50 Group V 0000579484 UT 80.00 01-Jul-2004 172,000.00 170,045.18 Group V 0000582085 IL 90.00 01-Aug-2004 274,500.00 271,750.08
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group I 0000472522 Loan Paid in Full 0 4.750% 360 15 Group I 0000479136 Loan Paid in Full 0 5.750% 360 16 Group I 0000496874 Loan Paid in Full 0 6.125% 360 15 Group I 0000499800 Loan Paid in Full 0 5.500% 360 15 Group I 0000501350 Loan Paid in Full 0 4.625% 360 15 Group I 0000506067 Loan Paid in Full (1) 5.125% 360 16 Group I 0000507521 Loan Paid in Full 0 5.875% 360 16 Group I 0000509115 Loan Paid in Full 0 5.125% 360 15 Group I 0000512133 Loan Paid in Full 0 6.875% 360 15 Group I 0000518423 Loan Paid in Full (1) 6.000% 360 15 Group I 0000527137 Loan Paid in Full 0 5.750% 360 15 Group I 0000530370 Loan Paid in Full 0 5.125% 360 15 Group I 0000534317 Loan Paid in Full (1) 5.625% 360 15 Group I 0000535023 Loan Paid in Full 0 6.250% 360 15 Group I 0000537851 Loan Paid in Full 0 5.500% 360 15 Group I 0000540439 Loan Paid in Full 0 5.375% 360 15 Group I 0000540455 Loan Paid in Full (1) 6.875% 360 15 Group I 0000540699 Loan Paid in Full 0 5.500% 360 15 Group I 0000540768 Loan Paid in Full 0 5.625% 360 15 Group I 0000541461 Loan Paid in Full 0 6.000% 360 15 Group I 0000548546 Loan Paid in Full 0 6.000% 360 15 Group I 0000551803 Loan Paid in Full (1) 5.750% 360 15 Group I 0000554063 Loan Paid in Full (1) 6.750% 360 15 Group I 0000555386 Loan Paid in Full 0 5.625% 360 15 Group I 0000555740 Loan Paid in Full 1 6.125% 360 15 Group I 0000557485 Loan Paid in Full 0 6.000% 360 15 Group I 0000558459 Loan Paid in Full 0 4.875% 360 15 Group I 0000559265 Loan Paid in Full 0 4.875% 360 15 Group I 0000559294 Loan Paid in Full (1) 5.875% 360 15 Group I 0000560328 Loan Paid in Full 0 6.500% 360 15 Group I 0000561056 Loan Paid in Full 0 5.875% 360 15 Group I 0000561088 Loan Paid in Full 0 6.750% 360 15 Group I 0000561574 Loan Paid in Full 0 6.000% 360 15 Group I 0000562083 Loan Paid in Full 0 7.250% 360 15 Group I 0000562389 Loan Paid in Full 0 5.125% 360 15 Group I 0000565827 Loan Paid in Full 0 6.250% 360 15 Group I 0000569257 Loan Paid in Full 0 5.875% 360 15 Group I 0000571718 Loan Paid in Full 0 6.250% 360 15 Group I 0000571719 Loan Paid in Full (1) 5.750% 360 14 Group I 0000573070 Loan Paid in Full 0 5.750% 360 15 Group I 0000576206 Loan Paid in Full 0 7.500% 360 15 Group I 0000577130 Loan Paid in Full 0 5.750% 360 15 Group I 0000579474 Loan Paid in Full 0 5.875% 360 15 Group I 0000583092 Loan Paid in Full (1) 5.750% 360 15 Group I 0000585474 Loan Paid in Full 0 6.875% 360 15 Group I 0034977673 Loan Paid in Full 0 5.250% 360 22 Group I 0035084355 Loan Paid in Full 0 5.375% 360 19 Group I 0035099581 Loan Paid in Full 0 5.500% 360 19 Group I 0036400538 Loan Paid in Full 0 5.625% 360 21 Group I 0036731806 Loan Paid in Full 0 5.625% 360 20 Group I 0037119051 Loan Paid in Full (1) 5.625% 360 20 Group I 0037151323 Loan Paid in Full 0 5.625% 360 20 Group I 0037375041 Loan Paid in Full 0 5.625% 360 19 Group I 0037434968 Loan Paid in Full 0 5.500% 360 19 Group I 0042293808 Loan Paid in Full (1) 5.750% 360 19 Group II 0000351919 Loan Paid in Full 0 3.750% 360 25 Group II 0000461430 Loan Paid in Full 0 4.500% 360 20 Group II 0000500405 Loan Paid in Full 0 4.375% 360 17 Group II 0000508066 Loan Paid in Full (1) 4.500% 360 15 Group II 0000511013 Loan Paid in Full 0 4.125% 360 16 Group II 0000513336 Loan Paid in Full (1) 4.125% 180 14 Group II 0000514104 Loan Paid in Full (2) 4.000% 360 15 Group II 0000514763 Loan Paid in Full 0 4.125% 360 15 Group II 0000521790 Loan Paid in Full 0 4.375% 360 15 Group II 0000531545 Loan Paid in Full 0 4.250% 360 15 Group II 0000537518 Loan Paid in Full 0 3.875% 360 15 Group II 0000541065 Loan Paid in Full 0 3.625% 360 15 Group II 0000542036 Loan Paid in Full 0 3.875% 360 15 Group II 0000542410 Loan Paid in Full (1) 3.750% 360 15 Group II 0000551171 Loan Paid in Full 0 4.250% 360 15 Group II 0000558269 Loan Paid in Full 0 4.000% 360 15 Group II 0000566598 Loan Paid in Full 0 4.625% 360 15 Group II 0000573245 Loan Paid in Full 0 5.000% 360 15 Group II 0000577449 Loan Paid in Full 0 4.500% 360 15 Group II 0000583982 Loan Paid in Full 0 4.750% 360 15 Group II 0000585087 Loan Paid in Full 0 5.125% 360 15 Group II 0000585353 Loan Paid in Full (1) 4.875% 360 15 Group II 0000585968 Loan Paid in Full 0 4.625% 360 15 Group III 0000514392 Loan Paid in Full 0 6.625% 360 15 Group III 0000517303 Loan Paid in Full 0 5.375% 360 16 Group III 0000523695 Loan Paid in Full 0 4.875% 360 15 Group III 0000533173 Loan Paid in Full 0 5.375% 360 15 Group III 0000534309 Loan Paid in Full 0 6.000% 360 16 Group III 0000536110 Loan Paid in Full 0 6.000% 360 15 Group III 0000545872 Loan Paid in Full 0 4.250% 360 15 Group III 0000549746 Loan Paid in Full 0 5.000% 360 15 Group III 0000552773 Loan Paid in Full 0 6.375% 360 15 Group III 0000552861 Loan Paid in Full 0 5.500% 360 15 Group III 0000553730 Loan Paid in Full 0 5.375% 360 15 Group III 0000556484 Loan Paid in Full 0 5.375% 360 15 Group III 0000561060 Loan Paid in Full 0 5.875% 360 14 Group III 0000571684 Loan Paid in Full 0 5.875% 360 15 Group III 0000572257 Loan Paid in Full 0 6.250% 360 15 Group III 0000572989 Loan Paid in Full (1) 5.500% 360 15 Group III 0000574773 Loan Paid in Full 0 6.375% 360 15 Group III 0000587392 Loan Paid in Full 0 6.750% 360 15 Group IV 0000418132 Loan Paid in Full 0 4.750% 360 22 Group IV 0000497864 Loan Paid in Full 0 5.000% 360 16 Group IV 0000507564 Loan Paid in Full 0 4.875% 360 16 Group IV 0000511617 Loan Paid in Full 0 5.875% 360 16 Group IV 0000514934 Loan Paid in Full 0 6.125% 360 15 Group IV 0000515190 Loan Paid in Full 0 6.000% 360 15 Group IV 0000516144 Loan Paid in Full 0 5.500% 360 16 Group IV 0000517933 Loan Paid in Full 0 5.125% 360 15 Group IV 0000519137 Loan Paid in Full 0 5.125% 360 16 Group IV 0000523987 Loan Paid in Full (1) 4.250% 360 16 Group IV 0000524145 Loan Paid in Full (1) 4.625% 360 16 Group IV 0000524149 Loan Paid in Full 0 5.250% 360 16 Group IV 0000528854 Loan Paid in Full 0 4.250% 360 15 Group IV 0000529229 Loan Paid in Full 0 4.750% 360 15 Group IV 0000532870 Loan Paid in Full 0 5.875% 360 15 Group IV 0000534089 Loan Paid in Full 0 5.750% 360 15 Group IV 0000535964 Loan Paid in Full 0 4.500% 360 15 Group IV 0000536037 Loan Paid in Full 0 5.250% 360 15 Group IV 0000536301 Loan Paid in Full 0 5.625% 360 15 Group IV 0000536704 Loan Paid in Full 0 4.750% 360 15 Group IV 0000540075 Loan Paid in Full 0 5.375% 360 15 Group IV 0000546089 Loan Paid in Full 0 6.375% 360 15 Group IV 0000546460 Loan Paid in Full 0 4.250% 360 15 Group IV 0000547338 Loan Paid in Full 0 4.750% 360 15 Group IV 0000547923 Loan Paid in Full (1) 4.625% 360 15 Group IV 0000548376 Loan Paid in Full (1) 4.625% 360 15 Group IV 0000548405 Loan Paid in Full 0 4.625% 360 15 Group IV 0000549937 Loan Paid in Full 0 4.875% 360 15 Group IV 0000552582 Loan Paid in Full 0 4.625% 360 15 Group IV 0000556203 Loan Paid in Full 0 6.500% 360 15 Group IV 0000556471 Loan Paid in Full 0 4.875% 360 15 Group IV 0000557739 Loan Paid in Full 0 4.625% 360 14 Group IV 0000558138 Loan Paid in Full 0 5.000% 360 15 Group IV 0000558282 Loan Paid in Full 0 6.125% 360 15 Group IV 0000559953 Loan Paid in Full (1) 5.250% 360 15 Group IV 0000561036 Loan Paid in Full 0 6.125% 360 15 Group IV 0000561193 Loan Paid in Full 0 5.750% 360 15 Group IV 0000561229 Loan Paid in Full 0 5.875% 360 15 Group IV 0000562192 Loan Paid in Full 0 5.875% 360 15 Group IV 0000563274 Loan Paid in Full 0 5.125% 360 15 Group IV 0000563382 Loan Paid in Full 0 6.250% 360 15 Group IV 0000566200 Loan Paid in Full 0 4.875% 360 15 Group IV 0000566306 Loan Paid in Full 0 6.625% 360 15 Group IV 0000568001 Loan Paid in Full (1) 5.375% 360 15 Group IV 0000570790 Loan Paid in Full 0 5.125% 360 15 Group IV 0000571706 Loan Paid in Full 0 5.000% 360 15 Group IV 0000573732 Loan Paid in Full (1) 5.375% 360 15 Group IV 0000574387 Loan Paid in Full 0 5.500% 360 15 Group IV 0000575662 Loan Paid in Full 0 5.625% 360 15 Group IV 0000582417 Loan Paid in Full 0 5.250% 360 15 Group V 0000462210 Loan Paid in Full 0 5.500% 360 19 Group V 0000532922 Loan Paid in Full (1) 6.500% 360 15 Group V 0000537065 Loan Paid in Full 0 5.625% 360 15 Group V 0000549987 Loan Paid in Full 0 7.000% 360 15 Group V 0000550839 Loan Paid in Full 0 6.375% 360 15 Group V 0000554038 Loan Paid in Full 0 6.750% 360 14 Group V 0000557854 Loan Paid in Full 11 8.375% 360 15 Group V 0000558438 Loan Paid in Full (1) 6.875% 360 15 Group V 0000561541 Loan Paid in Full 9 7.375% 360 15 Group V 0000563226 Loan Paid in Full 0 6.625% 360 15 Group V 0000563434 Loan Paid in Full 0 6.875% 360 15 Group V 0000571667 Loan Paid in Full 0 7.500% 360 15 Group V 0000572722 Loan Paid in Full 0 7.500% 360 15 Group V 0000578045 Loan Paid in Full 0 6.875% 360 15 Group V 0000579484 Loan Paid in Full 1 7.250% 360 15 Group V 0000582085 Loan Paid in Full 0 7.500% 360 15
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 4.815% Current Month 44.690% Current Month 1,450.920% 3 Month Average 4.869% 3 Month Average 45.012% 3 Month Average 1,570.092% 12 Month Average 4.663% 12 Month Average 33.894% 12 Month Average 1,884.487% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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% Sep-2005 44.690% 33.894% Sep-2005 1,450.920% 1,884.487% *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 8.303% Current Month 64.662% Current Month 2,040.782% 3 Month Average 8.274% 3 Month Average 64.007% 3 Month Average 2,166.810% 12 Month Average 8.419% 12 Month Average 53.547% 12 Month Average 2,995.458% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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% Sep-2005 64.662% 53.547% Sep-2005 2,040.782% 2,995.458% *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 4.537% Current Month 42.721% Current Month 1,387.851% 3 Month Average 4.411% 3 Month Average 41.796% 3 Month Average 1,456.686% 12 Month Average 3.527% 12 Month Average 24.609% 12 Month Average 1,254.485% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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% Sep-2005 42.721% 24.609% Sep-2005 1,387.851% 1,254.485% *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 4.627% Current Month 43.361% Current Month 1,431.758% 3 Month Average 5.194% 3 Month Average 47.193% 3 Month Average 1,677.420% 12 Month Average 5.076% 12 Month Average 36.588% 12 Month Average 2,195.536% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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% Sep-2005 43.361% 36.588% Sep-2005 1,431.758% 2,195.536% *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 3.410% Current Month 34.052% Current Month 1,121.752% 3 Month Average 3.349% 3 Month Average 33.540% 3 Month Average 1,187.090% 12 Month Average 3.010% 12 Month Average 22.798% 12 Month Average 1,218.242% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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% Sep-2005 34.052% 22.798% Sep-2005 1,121.752% 1,218.242% *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 4.620% Current Month 43.314% Current Month 1,357.603% 3 Month Average 4.776% 3 Month Average 44.378% 3 Month Average 1,489.411% 12 Month Average 3.958% 12 Month Average 27.829% 12 Month Average 1,390.452% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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% Sep-2005 43.314% 27.829% Sep-2005 1,357.603% 1,390.452% *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. 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% Sep-2005 0.000% 0.001% Sep-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. 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% Sep-2005 0.000% 0.009% Sep-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. 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% Sep-2005 0.000% 0.003% Sep-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. 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% Sep-2005 0.000% 0.037% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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. 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% Sep-2005 0.000% 0.000% Sep-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)
-----END PRIVACY-ENHANCED MESSAGE-----