-----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, V76AaJ9hXTAYr+DPNX7P4t4Kc6C9LaowiozajEQ0XsVr/QRd/Mteto3l03Mq4nib NYXnozoj8xxqbGZvpZnojQ== 0001056404-06-000981.txt : 20060131 0001056404-06-000981.hdr.sgml : 20060131 20060131090130 ACCESSION NUMBER: 0001056404-06-000981 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051121 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060131 DATE AS OF CHANGE: 20060131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GREENWICH DSLA MORTGAGE LOAN TRUST 2005-AR1 CENTRAL INDEX KEY: 0001319076 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 333-120038-08 FILM NUMBER: 06564094 BUSINESS ADDRESS: STREET 1: C/O NORWEST BANK MINNESOTA NA STREET 2: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 2036222700 MAIL ADDRESS: STREET 1: 600 STEAMBOAT ROAD STREET 2: GREENWICH CAPITAL MARKETS INC CITY: GREENWICH STATE: CT ZIP: 06830 8-K/A 1 dsl05ar1_8ka-200511.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K/A CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 21, 2005 DSLA MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-AR1 (Exact name of registrant as specified in its charter) Delaware (governing law of 333-120038-08 Pooling and Servicing Agreement) (Commission 54-2168093 (State or other File Number) 54-2168094 jurisdiction 54-2168095 of Incorporation) IRS EIN 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 Subsequent to filing the 8-K relating to the payment date on November 21, 2005, a revision was made to holders of DSLA MORTGAGE LOAN TRUST, Mortgage Pass- Through Certificates, Series 2005-AR1 Trust which was not included in the original 8-K filed. The 8-K is being amended because the Prepayment penalties were added after payment date. This revision was not previously disclosed in a 1934 Act filing. The revised data has been and will continue to be available on the Wells Fargo Bank, website at www.ctslink.com. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR1 Trust, relating to the November 21, 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. DSLA MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-AR1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 1/27/2006 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Amended monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR1 Trust, relating to the November 21, 2005 distribution. EX-99.1 Downey Savings and Loan Association Mortgage Pass-Through Certificates Record Date: 10/31/2005 Distribution Date: 11/21/2005 Downey Savings and Loan Association Mortgage Pass-Through Certificates Series 2005-AR1 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 1A 23332UCL6 SEN 4.26688% 440,315,430.64 1,722,208.68 AR 23332UCY8 SEN 5.00252% 0.00 0.00 2-A1A 23332UCM4 SEN 4.24688% 243,734,300.37 948,851.13 2-A1B 23332UCN2 SEN 4.31688% 162,490,142.60 642,996.24 2-A2 23332UCP7 SEN 4.32688% 50,441,646.79 200,067.04 B1 23332UCQ5 SUB 4.46688% 30,011,440.37 122,886.04 B2 23332UCR3 SUB 4.77688% 23,463,180.78 102,740.73 B3 23332UCS1 SUB 5.69688% 16,369,149.60 85,481.99 B4 23332UCT9 SUB 5.74688% 14,731,834.81 77,606.91 B5 23332UCU6 SUB 5.74688% 6,001,488.41 31,615.68 B6 23332UCV4 SUB 5.74688% 4,371,722.12 23,030.12 X1 23332UCW2 IO 1.00000% 0.00 601,039.17 X2 23332UCX0 SEN 0.42141% 0.02 866,909.24 Y DSL05AR1Y YM 0.00000% 0.01 0.00 C DSL05AR1C C 0.00000% 0.00 0.00 Totals 991,930,336.52 5,425,432.97
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1A 13,351,883.85 0.00 426,963,546.79 15,074,092.53 0.00 AR 0.00 0.00 0.00 0.00 0.00 2-A1A 4,321,496.69 0.00 239,412,803.68 5,270,347.82 0.00 2-A1B 2,881,008.59 0.00 159,609,134.01 3,524,004.83 0.00 2-A2 894,348.51 0.00 49,547,298.27 1,094,415.55 0.00 B1 6.32 0.00 30,011,434.06 122,892.36 0.00 B2 4.94 0.00 23,463,175.85 102,745.67 0.00 B3 3.44 0.00 16,369,146.15 85,485.43 0.00 B4 3.10 0.00 14,731,831.71 77,610.01 0.00 B5 1.26 0.00 6,001,487.15 31,616.94 0.00 B6 0.92 0.00 4,371,721.20 23,031.04 0.03 X1 0.00 0.00 0.00 601,039.17 0.00 X2 0.00 0.00 0.02 866,909.24 0.00 Y 0.00 0.00 0.01 0.00 0.00 C 0.00 0.00 0.00 0.00 0.00 Totals 21,448,757.62 0.00 970,481,578.90 26,874,190.59 0.03 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1A 496,942,000.00 440,315,430.64 0.00 13,351,883.85 0.00 0.00 AR 100.00 0.00 0.00 0.00 0.00 0.00 2-A1A 266,804,000.00 243,734,300.37 102.27 4,321,394.41 0.00 0.00 2-A1B 177,870,000.00 162,490,142.60 68.18 2,880,940.41 0.00 0.00 2-A2 55,216,000.00 50,441,646.79 21.17 894,327.35 0.00 0.00 B1 30,024,000.00 30,011,440.37 6.32 0.00 0.00 0.00 B2 23,473,000.00 23,463,180.78 4.94 0.00 0.00 0.00 B3 16,376,000.00 16,369,149.60 3.44 0.00 0.00 0.00 B4 14,738,000.00 14,731,834.81 3.10 0.00 0.00 0.00 B5 6,004,000.00 6,001,488.41 1.26 0.00 0.00 0.00 B6 4,373,551.69 4,371,722.12 0.92 0.00 0.00 0.00 X1 0.00 0.00 0.00 0.00 0.00 0.00 X2 0.00 0.02 0.00 0.00 0.00 0.00 Y 0.01 0.01 0.00 0.00 0.00 0.00 C 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,091,820,651.70 991,930,336.52 211.60 21,448,546.02 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 1A 13,351,883.85 426,963,546.79 0.85918185 13,351,883.85 AR 0.00 0.00 0.00000000 0.00 2-A1A 4,321,496.69 239,412,803.68 0.89733589 4,321,496.69 2-A1B 2,881,008.59 159,609,134.01 0.89733589 2,881,008.59 2-A2 894,348.51 49,547,298.27 0.89733589 894,348.51 B1 6.32 30,011,434.06 0.99958147 6.32 B2 4.94 23,463,175.85 0.99958147 4.94 B3 3.44 16,369,146.15 0.99958147 3.44 B4 3.10 14,731,831.71 0.99958147 3.10 B5 1.26 6,001,487.15 0.99958147 1.26 B6 0.92 4,371,721.20 0.99958146 0.92 X1 0.00 0.00 0.00000000 0.00 X2 0.00 0.02 0.00000000 0.00 Y 0.00 0.01 1.00000000 0.00 C 0.00 0.00 0.00000000 0.00 Totals 21,448,757.62 970,481,578.90 0.88886538 21,448,757.62
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A 496,942,000.00 886.04994273 0.00000000 26.86809296 0.00000000 AR 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A1A 266,804,000.00 913.53315681 0.00038332 16.19688764 0.00000000 2-A1B 177,870,000.00 913.53315680 0.00038331 16.19688767 0.00000000 2-A2 55,216,000.00 913.53315687 0.00038340 16.19688768 0.00000000 B1 30,024,000.00 999.58168032 0.00021050 0.00000000 0.00000000 B2 23,473,000.00 999.58168023 0.00021045 0.00000000 0.00000000 B3 16,376,000.00 999.58168051 0.00021006 0.00000000 0.00000000 B4 14,738,000.00 999.58168069 0.00021034 0.00000000 0.00000000 B5 6,004,000.00 999.58168055 0.00020986 0.00000000 0.00000000 B6 4,373,551.69 999.58167409 0.00021036 0.00000000 0.00000000 X1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 X2 0.00 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.01 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are per $ 1,000 Denomination
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1A 0.00000000 26.86809296 859.18184977 0.85918185 26.86809296 AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1A 0.00000000 16.19727099 897.33588582 0.89733589 16.19727099 2-A1B 0.00000000 16.19727098 897.33588582 0.89733589 16.19727098 2-A2 0.00000000 16.19727090 897.33588579 0.89733589 16.19727090 B1 0.00000000 0.00021050 999.58147016 0.99958147 0.00021050 B2 0.00000000 0.00021045 999.58147020 0.99958147 0.00021045 B3 0.00000000 0.00021006 999.58146983 0.99958147 0.00021006 B4 0.00000000 0.00021034 999.58147035 0.99958147 0.00021034 B5 0.00000000 0.00020986 999.58147069 0.99958147 0.00020986 B6 0.00000000 0.00021036 999.58146373 0.99958146 0.00021036 X1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 X2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 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 1A 496,942,000.00 4.26688% 440,315,430.64 1,722,208.68 0.00 0.00 AR 100.00 5.00252% 0.00 0.00 0.00 0.00 2-A1A 266,804,000.00 4.24688% 243,734,300.37 948,851.13 0.00 0.00 2-A1B 177,870,000.00 4.31688% 162,490,142.60 642,996.24 0.00 0.00 2-A2 55,216,000.00 4.32688% 50,441,646.79 200,067.04 0.00 0.00 B1 30,024,000.00 4.46688% 30,011,440.37 122,886.04 0.00 0.00 B2 23,473,000.00 4.77688% 23,463,180.78 102,740.73 0.00 0.00 B3 16,376,000.00 5.69688% 16,369,149.60 85,481.99 0.00 0.00 B4 14,738,000.00 5.74688% 14,731,834.81 77,606.91 0.00 0.00 B5 6,004,000.00 5.74688% 6,001,488.41 31,615.68 0.00 0.00 B6 4,373,551.69 5.74688% 4,371,722.12 23,030.12 0.00 0.00 X1 0.00 1.00000% 721,247,005.78 601,039.17 0.00 0.00 X2 0.00 0.42141% 991,930,336.49 348,337.24 0.00 0.00 Y 0.01 0.00000% 0.01 0.00 0.00 0.00 C 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,091,820,651.70 4,906,860.97 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 1A 0.00 0.00 1,722,208.68 0.00 426,963,546.79 AR 0.00 0.00 0.00 0.00 0.00 2-A1A 0.00 0.00 948,851.13 0.00 239,412,803.68 2-A1B 0.00 0.00 642,996.24 0.00 159,609,134.01 2-A2 0.00 0.00 200,067.04 0.00 49,547,298.27 B1 0.00 0.00 122,886.04 0.00 30,011,434.06 B2 0.00 0.00 102,740.73 0.00 23,463,175.85 B3 0.00 0.00 85,481.99 0.00 16,369,146.15 B4 0.00 0.00 77,606.91 0.00 14,731,831.71 B5 0.00 0.00 31,615.68 0.00 6,001,487.15 B6 0.00 0.00 23,030.12 0.00 4,371,721.20 X1 0.00 0.00 601,039.17 0.00 692,175,006.36 X2 0.00 0.00 866,909.24 0.00 970,481,578.87 Y 0.00 0.00 0.00 0.00 0.01 C 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 5,425,432.97 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 1A 496,942,000.00 4.26688% 886.04994273 3.46561305 0.00000000 0.00000000 AR 100.00 5.00252% 0.00000000 0.00000000 0.00000000 0.00000000 2-A1A 266,804,000.00 4.24688% 913.53315681 3.55636021 0.00000000 0.00000000 2-A1B 177,870,000.00 4.31688% 913.53315680 3.61497858 0.00000000 0.00000000 2-A2 55,216,000.00 4.32688% 913.53315687 3.62335265 0.00000000 0.00000000 B1 30,024,000.00 4.46688% 999.58168032 4.09292699 0.00000000 0.00000000 B2 23,473,000.00 4.77688% 999.58168023 4.37697482 0.00000000 0.00000000 B3 16,376,000.00 5.69688% 999.58168051 5.21995542 0.00000000 0.00000000 B4 14,738,000.00 5.74688% 999.58168069 5.26576944 0.00000000 0.00000000 B5 6,004,000.00 5.74688% 999.58168055 5.26576949 0.00000000 0.00000000 B6 4,373,551.69 5.74688% 999.58167409 5.26577062 0.00000000 0.00000000 X1 0.00 1.00000% 723.53917790 0.60294931 0.00000000 0.00000000 X2 0.00 0.42141% 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are per $ 1,000 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 1A 0.00000000 0.00000000 3.46561305 0.00000000 859.18184977 AR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A1A 0.00000000 0.00000000 3.55636021 0.00000000 897.33588582 2-A1B 0.00000000 0.00000000 3.61497858 0.00000000 897.33588582 2-A2 0.00000000 0.00000000 3.62335265 0.00000000 897.33588579 B1 0.00000000 0.00000000 4.09292699 0.00000000 999.58147016 B2 0.00000000 0.00000000 4.37697482 0.00000000 999.58147020 B3 0.00000000 0.00000000 5.21995542 0.00000000 999.58146983 B4 0.00000000 0.00000000 5.26576944 0.00000000 999.58147035 B5 0.00000000 0.00000000 5.26576949 0.00000000 999.58147069 B6 0.00000000 0.00000000 5.26577062 0.00000000 999.58146373 X1 0.00000000 0.00000000 0.60294931 0.00000000 694.37478568 X2 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 Y 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 C 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (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 Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage X-1 IO-1 1.00000% 359,439,280.93 344,934,571.99 0.00 0.00 69.41143473% X-1 IO-2 1.00000% 361,807,724.85 347,240,434.37 0.00 0.00 69.46336882% X-2 PO-1 0.00000% 0.00 0.00 0.01 0.01 100.00000000% X-2 PO-2 0.00000% 0.00 0.00 0.01 0.01 100.00000000% X-2 IO 0.42141% 991,930,336.47 970,481,578.85 0.00 0.00 88.88653804%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 26,543,108.22 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 115,155.30 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 531,691.56 Total Deposits 27,189,955.08 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 315,764.49 Payment of Interest and Principal 26,874,190.59 Total Withdrawals (Pool Distribution Amount) 27,189,955.08 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 309,978.23 Master Servicing Fee 5,786.26 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 315,764.49
Other Accounts Account Name Beginning Current Withdrawals Current Deposits Ending Balance Balance Reserve Fund 0.00 13,119.56 13,119.56 0.00
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 1 0 0 1 522,128.19 0.00 0.00 522,128.19 30 Days 109 0 0 0 109 36,845,951.36 0.00 0.00 0.00 36,845,951.36 60 Days 10 0 0 0 10 3,128,813.28 0.00 0.00 0.00 3,128,813.28 90 Days 0 1 0 0 1 0.00 381,132.83 0.00 0.00 381,132.83 120 Days 0 0 1 0 1 0.00 0.00 180,044.96 0.00 180,044.96 150 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 0.00 495,297.10 0.00 495,297.10 Totals 119 2 2 0 123 39,974,764.64 903,261.02 675,342.06 0.00 41,553,367.72 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 0.034014% 0.000000% 0.000000% 0.034014% 0.053908% 0.000000% 0.000000% 0.053908% 30 Days 3.707483% 0.000000% 0.000000% 0.000000% 3.707483% 3.804209% 0.000000% 0.000000% 0.000000% 3.804209% 60 Days 0.340136% 0.000000% 0.000000% 0.000000% 0.340136% 0.323038% 0.000000% 0.000000% 0.000000% 0.323038% 90 Days 0.000000% 0.034014% 0.000000% 0.000000% 0.034014% 0.000000% 0.039351% 0.000000% 0.000000% 0.039351% 120 Days 0.000000% 0.000000% 0.034014% 0.000000% 0.034014% 0.000000% 0.000000% 0.018589% 0.000000% 0.018589% 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% 0.034014% 0.000000% 0.034014% 0.000000% 0.000000% 0.051138% 0.000000% 0.051138% Totals 4.047619% 0.068027% 0.068027% 0.000000% 4.183673% 4.127248% 0.093258% 0.069727% 0.000000% 4.290233%
Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 115,155.30
Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 1 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 68 0 0 0 68 16,237,479.89 0.00 0.00 0.00 16,237,479.89 60 Days 8 0 0 0 8 1,887,707.50 0.00 0.00 0.00 1,887,707.50 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 1 0 1 0.00 0.00 180,044.96 0.00 180,044.96 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 76 0 1 0 77 18,125,187.39 0.00 180,044.96 0.00 18,305,232.35 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 3.488969% 0.000000% 0.000000% 0.000000% 3.488969% 3.430266% 0.000000% 0.000000% 0.000000% 3.430266% 60 Days 0.410467% 0.000000% 0.000000% 0.000000% 0.410467% 0.398790% 0.000000% 0.000000% 0.000000% 0.398790% 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% 0.051308% 0.000000% 0.051308% 0.000000% 0.000000% 0.038036% 0.000000% 0.038036% 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% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 3.899436% 0.000000% 0.051308% 0.000000% 3.950744% 3.829055% 0.000000% 0.038036% 0.000000% 3.867091% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL 2 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 1 522,128.19 0.00 0.00 522,128.19 30 Days 41 0 0 0 41 20,608,471.47 0.00 0.00 0.00 20,608,471.47 60 Days 2 0 0 0 2 1,241,105.78 0.00 0.00 0.00 1,241,105.78 90 Days 0 1 0 0 1 0.00 381,132.83 0.00 0.00 381,132.83 120 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 0.00 495,297.10 0.00 495,297.10 Totals 43 2 1 0 46 21,849,577.25 903,261.02 495,297.10 0.00 23,248,135.37 0-29 Days 0.100908% 0.000000% 0.000000% 0.100908% 0.105438% 0.000000% 0.000000% 0.105438% 30 Days 4.137235% 0.000000% 0.000000% 0.000000% 4.137235% 4.161662% 0.000000% 0.000000% 0.000000% 4.161662% 60 Days 0.201816% 0.000000% 0.000000% 0.000000% 0.201816% 0.250628% 0.000000% 0.000000% 0.000000% 0.250628% 90 Days 0.000000% 0.100908% 0.000000% 0.000000% 0.100908% 0.000000% 0.076966% 0.000000% 0.000000% 0.076966% 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% 0.100908% 0.000000% 0.100908% 0.000000% 0.000000% 0.100020% 0.000000% 0.100020% Totals 4.339051% 0.201816% 0.100908% 0.000000% 4.641776% 4.412290% 0.182404% 0.100020% 0.000000% 4.694714%
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 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Current REO Total Apr-05 0.000% Loans in REO 0 May-05 0.000% Original Principal Balance 0.00 Jun-05 0.000% Current Principal Balance 0.00 Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-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. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Current REO Total Apr-05 0.000% Loans in REO 0 May-05 0.000% Original Principal Balance 0.00 Jun-05 0.000% Current Principal Balance 0.00 Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-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. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Current REO Total Apr-05 0.000% Loans in REO 0 May-05 0.000% Original Principal Balance 0.00 Jun-05 0.000% Current Principal Balance 0.00 Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-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 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Current Foreclosure Total Apr-05 0.000% Loans in Foreclosure 2 May-05 0.000% Original Principal Balance 675,000.00 Jun-05 0.000% Current Principal Balance 675,342.06 Jul-05 0.034% Aug-05 0.035% Sep-05 0.052% Oct-05 0.068% Nov-05 0.070% *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. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Current Foreclosure Total Apr-05 0.000% Loans in Foreclosure 1 May-05 0.000% Original Principal Balance 180,000.00 Jun-05 0.000% Current Principal Balance 180,044.96 Jul-05 0.069% Aug-05 0.070% Sep-05 0.105% Oct-05 0.037% Nov-05 0.038% *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. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Dec-04 0.000% Original Principal Balance 0.00 Jan-05 0.000% Current Principal Balance 0.00 Feb-05 0.000% Mar-05 0.000% Current Foreclosure Total Apr-05 0.000% Loans in Foreclosure 1 May-05 0.000% Original Principal Balance 495,000.00 Jun-05 0.000% Current Principal Balance 495,297.10 Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.098% Nov-05 0.100% *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 1 9041232695 Oct-2005 01-Feb-2005 CA 68.57 180,000.00 2 9041227471 Oct-2005 01-Jan-2005 CA 90.00 495,000.00
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 1 9041232695 180,044.96 01-Jun-2005 4 5.287% 4,339.57 2 9041227471 495,297.10 01-Apr-2005 6 6.619% 19,094.82
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.302264% Weighted Average Net Coupon 5.927264% Weighted Average Pass-Through Rate 5.920264% Weighted Average Maturity (Stepdown Calculation) 386 Beginning Scheduled Collateral Loan Count 3,021 Number Of Loans Paid In Full 81 Ending Scheduled Collateral Loan Count 2,940 Beginning Scheduled Collateral Balance 991,930,336.50 Ending Scheduled Collateral Balance 970,481,578.88 Ending Actual Collateral Balance at 31-Oct-2005 968,557,415.83 Monthly P&I Constant 3,026,419.20 Special Servicing Fee 0.00 Prepayment Penalties 531,691.56 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 211.60 Unscheduled Principal 23,631,844.27
Group Level Collateral Statement Group 1 2 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.394939 6.212645 6.302264 Weighted Average Net Rate 6.019939 5.837645 5.927264 Weighted Average Maturity 379 393 386 Beginning Loan Count 2,009 1,012 3,021 Loans Paid In Full 60 21 81 Ending Loan Count 1,949 991 2,940 Beginning Scheduled Balance 487,649,965.15 504,280,371.35 991,930,336.50 Ending Scheduled Balance 474,298,081.30 496,183,497.58 970,481,578.88 Record Date 10/31/2005 10/31/2005 10/31/2005 Principal And Interest Constant 1,513,845.75 1,512,573.45 3,026,419.20 Scheduled Principal 0.00 211.60 211.60 Unscheduled Principal 14,436,781.34 9,195,062.93 23,631,844.27 Scheduled Interest 2,598,743.24 2,610,762.61 5,209,505.85 Servicing Fee 152,390.61 157,587.62 309,978.23 Master Servicing Fee 2,844.62 2,941.64 5,786.26 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 2,443,508.01 2,450,233.35 4,893,741.36 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.012939 5.830645 5.920264
Additional Reporting - Group Level Miscellaneous Reporting Group 1 Available Funds 16,146,090.51 Deferred Interest 859,215.86 Senior % 90.293338% Senior Prepayment % 100.000000% Subordinate % 9.706662% Subordinate Prepayment % 0.000000% Net Deferred Interest 0.00 Group 2 Available Funds 10,728,100.09 Deferred Interest 935,693.67 Senior % 90.557974% Senior Prepayment % 100.000000% Subordinate % 9.442026% Subordinate Prepayment % 0.000000% Net Deferred Interest 0.00
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 1 60 14,033,261.00 14,130,815.86 0 0.00 0.00 2 21 8,925,774.00 8,995,880.85 0 0.00 0.00 Total 81 22,959,035.00 23,126,696.71 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 1 0 0.00 0.00 0 0.00 0.00 270,881.33 2 0 0.00 0.00 0 0.00 0.00 176,177.92 Total 0 0.00 0.00 0 0.00 0.00 447,059.25
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 9032729980 CA 80.00 01-Jan-2005 340,000.00 345,702.96 1 9040917403 CA 75.00 01-Jan-2005 351,000.00 356,199.26 1 9041096116 CA 90.00 01-Dec-2004 315,000.00 321,751.37 1 9041101064 CA 84.98 01-Feb-2005 199,700.00 200,843.81 1 9041101130 CA 77.97 01-Jan-2005 155,772.00 158,613.82 1 9041109711 CA 75.71 01-Feb-2005 265,000.00 267,030.69 1 9041123696 CA 79.03 01-Jan-2005 245,000.00 248,497.84 1 9041131327 CA 71.18 01-Jan-2005 242,000.00 245,999.52 1 9041131772 CA 85.29 01-Jan-2005 174,000.00 176,308.97 1 9041137746 CA 80.00 01-Jan-2005 288,000.00 286,142.72 1 9041140575 CA 80.00 01-Jan-2005 264,000.00 268,589.64 1 9041146317 AZ 73.58 01-Jan-2005 191,300.00 194,594.79 1 9041156068 CA 86.80 01-Jan-2005 217,000.00 221,500.22 1 9041157405 PA 86.00 01-Feb-2005 215,000.00 216,888.96 1 9041157447 CA 84.38 01-Jan-2005 270,000.00 270,847.04 1 9041157793 NV 60.00 01-Jan-2005 171,000.00 171,321.01 1 9041168139 CA 79.78 01-Jan-2005 213,000.00 216,702.93 1 9041171968 CA 85.00 01-Jan-2005 263,500.00 266,770.85 1 9041173519 CA 75.00 01-Jan-2005 231,750.00 235,679.53 1 9041175191 WA 90.00 01-Feb-2005 310,500.00 315,926.13 1 9041175365 CA 72.00 01-Jan-2005 270,000.00 269,793.89 1 9041177262 CA 62.86 01-Jan-2005 220,000.00 221,218.17 1 9041180167 RI 48.97 01-Feb-2005 128,300.00 130,943.07 1 9041190133 CA 75.00 01-Feb-2005 207,000.00 210,371.04 1 9041191768 CA 43.78 01-Jan-2005 271,000.00 270,698.38 1 9041192857 AZ 60.00 01-Jan-2005 100,200.00 100,702.38 1 9041199019 CA 39.02 01-Feb-2005 210,700.00 212,024.57 1 9041200965 CA 75.00 01-Feb-2005 172,500.00 174,910.95 1 9041204462 CA 64.38 01-Jan-2005 254,300.00 254,228.17 1 9041206483 CA 74.61 01-Jan-2005 285,000.00 286,994.15 1 9041208950 AZ 89.36 01-Feb-2005 168,000.00 169,229.55 1 9041212523 CA 56.03 01-Feb-2005 108,139.00 108,928.45 1 9041217761 AZ 75.58 01-Feb-2005 130,000.00 131,766.92 1 9041217936 CA 60.00 01-Jan-2005 276,000.00 279,422.19 1 9041221813 CA 73.42 01-Feb-2005 243,750.00 240,779.83 1 9041224577 RI 68.94 01-Feb-2005 182,000.00 184,264.01 1 9041226085 CA 79.37 01-Jan-2005 250,000.00 253,400.23 1 9041228271 NV 80.00 01-Feb-2005 228,000.00 230,567.31 1 9041230475 CA 79.64 01-Jan-2005 219,000.00 219,383.89 1 9041232257 WA 90.00 01-Jan-2005 288,000.00 290,205.87 1 9041232877 CA 35.29 01-Mar-2005 120,000.00 120,861.65 1 9041233883 CA 80.00 01-Jan-2005 356,000.00 361,120.93 1 9041234550 CA 75.00 01-Jan-2005 210,000.00 210,084.87 1 9041239153 RI 77.67 01-Feb-2005 247,000.00 247,474.95 1 9041244815 IL 38.06 01-Feb-2005 118,000.00 119,105.90 1 9041246810 NV 67.27 01-Feb-2005 259,000.00 262,461.08 1 9041257403 AZ 80.00 01-Mar-2005 80,000.00 80,954.97 1 9041257411 CA 59.00 01-Feb-2005 159,890.00 159,834.65 1 9041260290 NV 72.82 01-Feb-2005 276,000.00 279,857.51 1 9041266594 OR 90.00 01-Feb-2005 242,010.00 242,650.76 1 9041271206 AZ 80.00 01-Feb-2005 307,200.00 304,836.56 1 9041271438 CA 75.00 01-Feb-2005 213,750.00 216,380.05 1 9041280827 CA 67.05 01-Feb-2005 295,000.00 299,123.07 1 9041283144 CA 65.85 01-Feb-2005 270,000.00 270,702.80 1 9041295999 CA 66.44 01-Mar-2005 299,000.00 301,501.32 1 9041312034 AZ 83.23 01-Feb-2005 140,000.00 140,233.00 1 9041315383 CA 80.00 01-Mar-2005 412,000.00 415,510.97 1 9041322934 CA 72.58 01-Mar-2005 225,000.00 227,735.36 1 9041330291 CA 89.07 01-Mar-2005 334,000.00 338,948.77 1 9041335746 AZ 78.45 01-Mar-2005 335,000.00 336,611.07 2 9032726291 CA 70.18 01-Jan-2005 400,000.00 402,914.78 2 9041101171 CA 66.85 01-Jan-2005 361,000.00 366,818.90 2 9041149667 CA 80.00 01-Jan-2005 360,000.00 367,462.45 2 9041156530 CA 72.00 01-Jan-2005 381,600.00 381,152.19 2 9041157165 NJ 67.32 01-Jan-2005 377,000.00 379,186.09 2 9041159237 CA 67.33 01-Feb-2005 505,000.00 508,767.19 2 9041168220 CA 70.59 01-Jan-2005 360,000.00 366,258.54 2 9041168832 CA 90.00 01-Mar-2005 461,200.00 465,208.19 2 9041175753 CA 75.00 01-Jan-2005 491,250.00 499,579.54 2 9041179045 CA 70.49 01-Feb-2005 430,000.00 435,844.67 2 9041191099 CA 63.28 01-Jan-2005 405,000.00 411,519.67 2 9041202789 CA 88.24 01-Jan-2005 375,000.00 376,222.18 2 9041203514 CA 90.00 01-Feb-2005 478,624.00 483,860.98 2 9041217894 CA 75.00 01-Jan-2005 622,500.00 629,060.26 2 9041227059 AZ 90.00 01-Feb-2005 486,000.00 485,715.64 2 9041230707 CA 80.00 01-Feb-2005 392,000.00 394,325.20 2 9041249871 CA 65.00 01-Feb-2005 399,100.00 398,607.86 2 9041252602 CA 80.00 01-Feb-2005 424,000.00 432,251.41 2 9041255779 CA 80.00 01-Feb-2005 364,000.00 366,270.35 2 9041302803 CA 75.00 01-Feb-2005 487,500.00 494,313.55 2 9041313669 CA 48.67 01-Mar-2005 365,000.00 369,108.80
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 9032729980 Loan Paid in Full (1) 6.769% 360 10 1 9040917403 Loan Paid in Full 0 6.519% 360 10 1 9041096116 Loan Paid in Full 0 6.819% 480 11 1 9041101064 Loan Paid in Full 0 6.669% 480 9 1 9041101130 Loan Paid in Full 0 6.919% 360 10 1 9041109711 Loan Paid in Full 0 6.169% 360 9 1 9041123696 Loan Paid in Full 0 6.519% 360 10 1 9041131327 Loan Paid in Full 0 6.719% 360 10 1 9041131772 Loan Paid in Full 0 6.869% 360 10 1 9041137746 Loan Paid in Full 0 6.469% 360 10 1 9041140575 Loan Paid in Full 0 6.819% 360 10 1 9041146317 Loan Paid in Full 0 7.119% 360 10 1 9041156068 Loan Paid in Full 0 6.919% 480 10 1 9041157405 Loan Paid in Full 0 6.419% 360 9 1 9041157447 Loan Paid in Full 0 6.419% 360 10 1 9041157793 Loan Paid in Full 0 7.169% 360 10 1 9041168139 Loan Paid in Full 0 6.819% 360 10 1 9041171968 Loan Paid in Full 0 6.769% 360 10 1 9041173519 Loan Paid in Full 0 6.769% 360 10 1 9041175191 Loan Paid in Full 0 6.719% 480 9 1 9041175365 Loan Paid in Full 0 6.719% 360 10 1 9041177262 Loan Paid in Full 0 6.569% 360 10 1 9041180167 Loan Paid in Full 0 7.019% 480 9 1 9041190133 Loan Paid in Full 1 6.869% 360 9 1 9041191768 Loan Paid in Full 0 6.219% 360 10 1 9041192857 Loan Paid in Full 0 7.319% 360 10 1 9041199019 Loan Paid in Full (1) 6.419% 360 9 1 9041200965 Loan Paid in Full 0 6.569% 360 9 1 9041204462 Loan Paid in Full 0 6.419% 360 10 1 9041206483 Loan Paid in Full 0 5.919% 360 10 1 9041208950 Loan Paid in Full 0 6.569% 360 9 1 9041212523 Loan Paid in Full 0 6.569% 360 9 1 9041217761 Loan Paid in Full 0 6.519% 360 9 1 9041217936 Loan Paid in Full 0 6.469% 360 10 1 9041221813 Loan Paid in Full 0 6.519% 360 9 1 9041224577 Loan Paid in Full 0 6.369% 360 9 1 9041226085 Loan Paid in Full 0 6.619% 360 10 1 9041228271 Loan Paid in Full 0 6.369% 360 9 1 9041230475 Loan Paid in Full 0 6.319% 360 10 1 9041232257 Loan Paid in Full 0 6.269% 360 10 1 9041232877 Loan Paid in Full 0 5.769% 360 8 1 9041233883 Loan Paid in Full 0 6.469% 360 10 1 9041234550 Loan Paid in Full 0 6.319% 360 10 1 9041239153 Loan Paid in Full 0 6.469% 360 9 1 9041244815 Loan Paid in Full 0 5.969% 360 9 1 9041246810 Loan Paid in Full 0 6.719% 360 9 1 9041257403 Loan Paid in Full 0 6.469% 360 8 1 9041257411 Loan Paid in Full (1) 6.319% 360 9 1 9041260290 Loan Paid in Full 0 6.569% 360 9 1 9041266594 Loan Paid in Full (1) 6.319% 480 9 1 9041271206 Loan Paid in Full 0 5.819% 360 9 1 9041271438 Loan Paid in Full 0 6.419% 360 9 1 9041280827 Loan Paid in Full 0 6.569% 360 9 1 9041283144 Loan Paid in Full (1) 6.219% 480 9 1 9041295999 Loan Paid in Full 1 6.269% 480 8 1 9041312034 Loan Paid in Full (1) 6.469% 360 9 1 9041315383 Loan Paid in Full 1 5.969% 360 8 1 9041322934 Loan Paid in Full 0 6.519% 360 8 1 9041330291 Loan Paid in Full 0 6.569% 480 8 1 9041335746 Loan Paid in Full 0 5.419% 360 8 2 9032726291 Loan Paid in Full 0 5.719% 360 10 2 9041101171 Loan Paid in Full 0 6.719% 360 10 2 9041149667 Loan Paid in Full 0 6.469% 480 10 2 9041156530 Loan Paid in Full 0 6.419% 360 10 2 9041157165 Loan Paid in Full 0 6.719% 360 10 2 9041159237 Loan Paid in Full 0 5.719% 360 9 2 9041168220 Loan Paid in Full 0 6.819% 360 10 2 9041168832 Loan Paid in Full 0 5.669% 480 8 2 9041175753 Loan Paid in Full 0 6.769% 360 10 2 9041179045 Loan Paid in Full 0 6.519% 360 9 2 9041191099 Loan Paid in Full 0 6.669% 360 10 2 9041202789 Loan Paid in Full 0 6.319% 360 10 2 9041203514 Loan Paid in Full 0 5.869% 480 9 2 9041217894 Loan Paid in Full 0 6.019% 360 10 2 9041227059 Loan Paid in Full 0 5.469% 360 9 2 9041230707 Loan Paid in Full 0 5.519% 360 9 2 9041249871 Loan Paid in Full 0 6.619% 360 9 2 9041252602 Loan Paid in Full 0 6.419% 480 9 2 9041255779 Loan Paid in Full 0 6.569% 480 9 2 9041302803 Loan Paid in Full 0 6.569% 360 9 2 9041313669 Loan Paid in Full 0 6.369% 360 8
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 2.376% Current Month 25.069% Current Month 1,370.926% 3 Month Average 2.336% 3 Month Average 24.663% 3 Month Average 1,518.505% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 2.196% N/A Mar-2005 943.369% N/A Apr-2005 5.530% N/A Apr-2005 1,278.128% N/A May-2005 10.034% N/A May-2005 1,586.785% N/A Jun-2005 12.597% N/A Jun-2005 1,513.370% N/A Jul-2005 20.712% N/A Jul-2005 2,008.023% N/A Aug-2005 17.157% N/A Aug-2005 1,393.533% N/A Sep-2005 21.429% N/A Sep-2005 1,497.768% N/A Oct-2005 27.491% N/A Oct-2005 1,686.821% N/A Nov-2005 25.069% N/A Nov-2005 1,370.926% N/A *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. 1 SMM CPR PSA Current Month 2.953% Current Month 30.212% Current Month 1,644.439% 3 Month Average 2.672% 3 Month Average 27.718% 3 Month Average 1,695.563% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 3.201% N/A Mar-2005 1,333.916% N/A Apr-2005 6.216% N/A Apr-2005 1,412.844% N/A May-2005 12.100% N/A May-2005 1,891.448% N/A Jun-2005 13.627% N/A Jun-2005 1,623.523% N/A Jul-2005 24.904% N/A Jul-2005 2,397.208% N/A Aug-2005 17.997% N/A Aug-2005 1,452.652% N/A Sep-2005 24.937% N/A Sep-2005 1,732.917% N/A Oct-2005 28.005% N/A Oct-2005 1,709.333% N/A Nov-2005 30.212% N/A Nov-2005 1,644.439% N/A *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. 2 SMM CPR PSA Current Month 1.819% Current Month 19.767% Current Month 1,085.874% 3 Month Average 2.011% 3 Month Average 21.540% 3 Month Average 1,335.347% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 1.188% N/A Mar-2005 526.318% N/A Apr-2005 4.845% N/A Apr-2005 1,138.761% N/A May-2005 7.941% N/A May-2005 1,270.549% N/A Jun-2005 11.568% N/A Jun-2005 1,401.385% N/A Jul-2005 16.371% N/A Jul-2005 1,598.364% N/A Aug-2005 16.328% N/A Aug-2005 1,334.416% N/A Sep-2005 17.863% N/A Sep-2005 1,255.579% N/A Oct-2005 26.989% N/A Oct-2005 1,664.588% N/A Nov-2005 19.767% N/A Nov-2005 1,085.874% N/A *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 1 0 0.00 0.00 0.000% 2 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 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A 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% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *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 www. monthly bond remittance report can be viewed online at 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A 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% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *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 www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. 1 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A 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% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *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 www. monthly bond remittance report can be viewed online at 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A 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% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *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 www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. 2 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A 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% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *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 www. monthly bond remittance report can be viewed online at 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A 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% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *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 www. monthly bond remittance report can be viewed online at 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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