8-K 1 aeg05001_8k-200511.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): November 25, 2005 AEGIS ASSET BACKED SECURITIES TRUST Mortgage-Backed Notes, Series 2005-1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-118695-02 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 November 25, 2005 a distribution was made to holders of AEGIS ASSET BACKED SECURITIES TRUST, Mortgage-Backed Notes, Series 2005-1 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 2005-1 Trust, relating to the November 25, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. AEGIS ASSET BACKED SECURITIES TRUST Mortgage-Backed Notes, Series 2005-1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 11/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage-Backed Notes, Series 2005-1 Trust, relating to the November 25, 2005 distribution. EX-99.1
AEGIS Asset Backed Securities Trust Mortgage-Backed Notes Record Date: 10/31/2005 Distribution Date: 11/25/2005 AEGIS Asset Backed Securities Trust Mortgage-Backed Notes Series 2005-1 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 IA1 00764MEE3 SEN 4.15750% 106,046,394.29 379,653.46 IA2 00764MEF0 SEN 4.28750% 228,573,000.00 843,894.69 IA3 00764MEG8 SEN 4.38750% 35,655,000.00 134,709.05 IIA1 00764MEH6 SEN 4.28750% 160,459,921.96 592,420.26 IIA2 00764MEJ2 SEN 4.34750% 40,171,141.46 150,387.92 M1 00764MEK9 MEZ 4.51750% 31,500,000.00 122,537.19 M2 00764MEL7 MEZ 4.53750% 29,700,000.00 116,046.56 M3 00764MEM5 MEZ 4.58750% 18,000,000.00 71,106.25 M4 00764MEN3 MEZ 4.73750% 16,650,000.00 67,923.91 M5 00764MEP8 MEZ 4.78750% 15,750,000.00 64,930.47 M6 00764MEQ6 MEZ 4.82750% 14,400,000.00 59,861.00 B1 00764MER4 SUB 5.28750% 11,250,000.00 51,222.66 B2 00764MES2 SUB 5.33750% 9,900,000.00 45,502.19 B3 00764MET0 SUB 6.03750% 9,000,000.00 46,790.63 N1 00764MEU7 UNK 4.25000% 15,495,306.25 54,879.21 N2 00764MEV5 UNK 4.75000% 7,620,000.00 30,162.50 C AEG05001C SUB 0.00000% 0.00 0.00 Totals 750,170,763.96 2,832,027.95
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses IA1 20,913,710.96 0.00 85,132,683.34 21,293,364.42 0.00 IA2 0.00 0.00 228,573,000.00 843,894.69 0.00 IA3 0.00 0.00 35,655,000.00 134,709.05 0.00 IIA1 7,375,788.61 0.00 153,084,133.35 7,968,208.87 0.00 IIA2 1,846,528.68 0.00 38,324,612.78 1,996,916.60 0.00 M1 0.00 0.00 31,500,000.00 122,537.19 0.00 M2 0.00 0.00 29,700,000.00 116,046.56 0.00 M3 0.00 0.00 18,000,000.00 71,106.25 0.00 M4 0.00 0.00 16,650,000.00 67,923.91 0.00 M5 0.00 0.00 15,750,000.00 64,930.47 0.00 M6 0.00 0.00 14,400,000.00 59,861.00 0.00 B1 0.00 0.00 11,250,000.00 51,222.66 0.00 B2 0.00 0.00 9,900,000.00 45,502.19 0.00 B3 0.00 0.00 9,000,000.00 46,790.63 0.00 N1 2,390,118.21 0.00 13,105,188.04 2,444,997.42 0.00 N2 0.00 0.00 7,620,000.00 30,162.50 0.00 C 0.00 0.00 0.00 0.00 0.00 Totals 32,526,146.46 0.00 717,644,617.51 35,358,174.41 0.00 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) IA1 209,302,000.00 106,046,394.29 0.00 20,913,710.96 0.00 0.00 IA2 228,573,000.00 228,573,000.00 0.00 0.00 0.00 0.00 IA3 35,655,000.00 35,655,000.00 0.00 0.00 0.00 0.00 IIA1 200,000,000.00 160,459,921.96 0.00 7,375,788.61 0.00 0.00 IIA2 50,070,000.00 40,171,141.46 0.00 1,846,528.68 0.00 0.00 M1 31,500,000.00 31,500,000.00 0.00 0.00 0.00 0.00 M2 29,700,000.00 29,700,000.00 0.00 0.00 0.00 0.00 M3 18,000,000.00 18,000,000.00 0.00 0.00 0.00 0.00 M4 16,650,000.00 16,650,000.00 0.00 0.00 0.00 0.00 M5 15,750,000.00 15,750,000.00 0.00 0.00 0.00 0.00 M6 14,400,000.00 14,400,000.00 0.00 0.00 0.00 0.00 B1 11,250,000.00 11,250,000.00 0.00 0.00 0.00 0.00 B2 9,900,000.00 9,900,000.00 0.00 0.00 0.00 0.00 B3 9,000,000.00 9,000,000.00 0.00 0.00 0.00 0.00 N1 35,300,000.00 15,495,306.25 0.00 2,390,118.21 0.00 0.00 N2 7,620,000.00 7,620,000.00 0.00 0.00 0.00 0.00 C 0.00 0.00 0.00 0.00 0.00 0.00 Totals 922,670,000.00 750,170,763.96 0.00 32,526,146.46 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 IA1 20,913,710.96 85,132,683.34 0.40674568 20,913,710.96 IA2 0.00 228,573,000.00 1.00000000 0.00 IA3 0.00 35,655,000.00 1.00000000 0.00 IIA1 7,375,788.61 153,084,133.35 0.76542067 7,375,788.61 IIA2 1,846,528.68 38,324,612.78 0.76542067 1,846,528.68 M1 0.00 31,500,000.00 1.00000000 0.00 M2 0.00 29,700,000.00 1.00000000 0.00 M3 0.00 18,000,000.00 1.00000000 0.00 M4 0.00 16,650,000.00 1.00000000 0.00 M5 0.00 15,750,000.00 1.00000000 0.00 M6 0.00 14,400,000.00 1.00000000 0.00 B1 0.00 11,250,000.00 1.00000000 0.00 B2 0.00 9,900,000.00 1.00000000 0.00 B3 0.00 9,000,000.00 1.00000000 0.00 N1 2,390,118.21 13,105,188.04 0.37125179 2,390,118.21 N2 0.00 7,620,000.00 1.00000000 0.00 C 0.00 0.00 0.00000000 0.00 Totals 32,526,146.46 717,644,617.51 0.77779121 32,526,146.46
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion IA1 209,302,000.00 506.66689420 0.00000000 99.92121891 0.00000000 IA2 228,573,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IA3 35,655,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 IIA1 200,000,000.00 802.29960980 0.00000000 36.87894305 0.00000000 IIA2 50,070,000.00 802.29960975 0.00000000 36.87894308 0.00000000 M1 31,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 29,700,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 18,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 16,650,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 15,750,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 14,400,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 11,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 9,900,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 9,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 N1 35,300,000.00 438.96051700 0.00000000 67.70873116 0.00000000 N2 7,620,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 C 0.00 0.00000000 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 IA1 0.00000000 99.92121891 406.74567534 0.40674568 99.92121891 IA2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IA3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 IIA1 0.00000000 36.87894305 765.42066675 0.76542067 36.87894305 IIA2 0.00000000 36.87894308 765.42066667 0.76542067 36.87894308 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 N1 0.00000000 67.70873116 371.25178584 0.37125179 67.70873116 N2 0.00000000 0.00000000 1,000.00000000 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 IA1 209,302,000.00 4.15750% 106,046,394.29 379,653.46 0.00 0.00 IA2 228,573,000.00 4.28750% 228,573,000.00 843,894.69 0.00 0.00 IA3 35,655,000.00 4.38750% 35,655,000.00 134,709.05 0.00 0.00 IIA1 200,000,000.00 4.28750% 160,459,921.96 592,420.26 0.00 0.00 IIA2 50,070,000.00 4.34750% 40,171,141.46 150,387.92 0.00 0.00 M1 31,500,000.00 4.51750% 31,500,000.00 122,537.19 0.00 0.00 M2 29,700,000.00 4.53750% 29,700,000.00 116,046.56 0.00 0.00 M3 18,000,000.00 4.58750% 18,000,000.00 71,106.25 0.00 0.00 M4 16,650,000.00 4.73750% 16,650,000.00 67,923.91 0.00 0.00 M5 15,750,000.00 4.78750% 15,750,000.00 64,930.47 0.00 0.00 M6 14,400,000.00 4.82750% 14,400,000.00 59,861.00 0.00 0.00 B1 11,250,000.00 5.28750% 11,250,000.00 51,222.66 0.00 0.00 B2 9,900,000.00 5.33750% 9,900,000.00 45,502.19 0.00 0.00 B3 9,000,000.00 6.03750% 9,000,000.00 46,790.63 0.00 0.00 N1 35,300,000.00 4.25000% 15,495,306.25 54,879.21 0.00 0.00 N2 7,620,000.00 4.75000% 7,620,000.00 30,162.50 0.00 0.00 C 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 922,670,000.00 2,832,027.95 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 IA1 0.00 0.00 379,653.46 0.00 85,132,683.34 IA2 0.00 0.00 843,894.69 0.00 228,573,000.00 IA3 0.00 0.00 134,709.05 0.00 35,655,000.00 IIA1 0.00 0.00 592,420.26 0.00 153,084,133.35 IIA2 0.00 0.00 150,387.92 0.00 38,324,612.78 M1 0.00 0.00 122,537.19 0.00 31,500,000.00 M2 0.00 0.00 116,046.56 0.00 29,700,000.00 M3 0.00 0.00 71,106.25 0.00 18,000,000.00 M4 0.00 0.00 67,923.91 0.00 16,650,000.00 M5 0.00 0.00 64,930.47 0.00 15,750,000.00 M6 0.00 0.00 59,861.00 0.00 14,400,000.00 B1 0.00 0.00 51,222.66 0.00 11,250,000.00 B2 0.00 0.00 45,502.19 0.00 9,900,000.00 B3 0.00 0.00 46,790.63 0.00 9,000,000.00 N1 0.00 0.00 54,879.21 0.00 13,105,188.04 N2 0.00 0.00 30,162.50 0.00 7,620,000.00 C 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,832,027.95 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 IA1 209,302,000.00 4.15750% 506.66689420 1.81390269 0.00000000 0.00000000 IA2 228,573,000.00 4.28750% 1000.00000000 3.69201389 0.00000000 0.00000000 IA3 35,655,000.00 4.38750% 1000.00000000 3.77812509 0.00000000 0.00000000 IIA1 200,000,000.00 4.28750% 802.29960980 2.96210130 0.00000000 0.00000000 IIA2 50,070,000.00 4.34750% 802.29960975 3.00355343 0.00000000 0.00000000 M1 31,500,000.00 4.51750% 1000.00000000 3.89006952 0.00000000 0.00000000 M2 29,700,000.00 4.53750% 1000.00000000 3.90729158 0.00000000 0.00000000 M3 18,000,000.00 4.58750% 1000.00000000 3.95034722 0.00000000 0.00000000 M4 16,650,000.00 4.73750% 1000.00000000 4.07951411 0.00000000 0.00000000 M5 15,750,000.00 4.78750% 1000.00000000 4.12256952 0.00000000 0.00000000 M6 14,400,000.00 4.82750% 1000.00000000 4.15701389 0.00000000 0.00000000 B1 11,250,000.00 5.28750% 1000.00000000 4.55312533 0.00000000 0.00000000 B2 9,900,000.00 5.33750% 1000.00000000 4.59618081 0.00000000 0.00000000 B3 9,000,000.00 6.03750% 1000.00000000 5.19895889 0.00000000 0.00000000 N1 35,300,000.00 4.25000% 438.96051700 1.55465184 0.00000000 0.00000000 N2 7,620,000.00 4.75000% 1000.00000000 3.95833333 0.00000000 0.00000000 C 0.00 0.00000% 0.00000000 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 IA1 0.00000000 0.00000000 1.81390269 0.00000000 406.74567534 IA2 0.00000000 0.00000000 3.69201389 0.00000000 1000.00000000 IA3 0.00000000 0.00000000 3.77812509 0.00000000 1000.00000000 IIA1 0.00000000 0.00000000 2.96210130 0.00000000 765.42066675 IIA2 0.00000000 0.00000000 3.00355343 0.00000000 765.42066667 M1 0.00000000 0.00000000 3.89006952 0.00000000 1000.00000000 M2 0.00000000 0.00000000 3.90729158 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.95034722 0.00000000 1000.00000000 M4 0.00000000 0.00000000 4.07951411 0.00000000 1000.00000000 M5 0.00000000 0.00000000 4.12256952 0.00000000 1000.00000000 M6 0.00000000 0.00000000 4.15701389 0.00000000 1000.00000000 B1 0.00000000 0.00000000 4.55312533 0.00000000 1000.00000000 B2 0.00000000 0.00000000 4.59618081 0.00000000 1000.00000000 B3 0.00000000 0.00000000 5.19895889 0.00000000 1000.00000000 N1 0.00000000 0.00000000 1.55465184 0.00000000 371.25178584 N2 0.00000000 0.00000000 3.95833333 0.00000000 1000.00000000 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 ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 35,150,755.92 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 477,040.60 Realized Loss (Gains, Subsequent Expenses & Recoveries) (109,647.35) Prepayment Penalties 557,303.44 Total Deposits 36,075,452.61 Withdrawals Reimbursement for Servicer Advances 396,559.60 Payment of Service Fee 320,718.60 Payment of Interest and Principal 35,358,174.41 Total Withdrawals (Pool Distribution Amount) 36,075,452.61 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 311,377.28 Credit Risk Manager Fee 9,341.32 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 320,718.60
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 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 14 0 0 14 1,862,554.20 0.00 0.00 1,862,554.20 30 Days 252 0 2 0 254 27,876,551.46 0.00 411,269.89 0.00 28,287,821.35 60 Days 78 0 5 0 83 9,979,323.81 0.00 967,654.53 0.00 10,946,978.34 90 Days 45 8 19 0 72 4,984,656.42 632,150.48 2,193,239.98 0.00 7,810,046.88 120 Days 18 13 18 0 49 1,328,570.93 1,591,656.61 2,749,721.26 0.00 5,669,948.80 150 Days 7 5 21 8 41 458,254.69 368,670.66 2,497,558.56 776,284.66 4,100,768.57 180+ Days 14 15 38 16 83 1,562,596.48 1,350,225.93 4,907,624.12 1,978,770.04 9,799,216.57 Totals 414 55 103 24 596 46,189,953.79 5,805,257.88 13,727,068.34 2,755,054.70 68,477,334.71 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 0.249777% 0.000000% 0.000000% 0.249777% 0.259467% 0.000000% 0.000000% 0.259467% 30 Days 4.495986% 0.000000% 0.035682% 0.000000% 4.531668% 3.883406% 0.000000% 0.057293% 0.000000% 3.940699% 60 Days 1.391615% 0.000000% 0.089206% 0.000000% 1.480821% 1.390192% 0.000000% 0.134801% 0.000000% 1.524994% 90 Days 0.802855% 0.142730% 0.338983% 0.000000% 1.284567% 0.694399% 0.088063% 0.305534% 0.000000% 1.087996% 120 Days 0.321142% 0.231936% 0.321142% 0.000000% 0.874219% 0.185080% 0.221729% 0.383056% 0.000000% 0.789865% 150 Days 0.124888% 0.089206% 0.374665% 0.142730% 0.731490% 0.063838% 0.051359% 0.347928% 0.108142% 0.571267% 180+ Days 0.249777% 0.267618% 0.677966% 0.285459% 1.480821% 0.217681% 0.188096% 0.683668% 0.275657% 1.365102% Totals 7.386262% 0.981267% 1.837645% 0.428189% 10.633363% 6.434596% 0.808715% 1.912280% 0.383799% 9.539390%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 477,040.60
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 7 Dec-04 0.000% Original Principal Balance 936,800.00 Jan-05 0.000% Current Principal Balance 935,494.35 Feb-05 0.000% Mar-05 0.000% Current REO Total Apr-05 0.000% Loans in REO 24 May-05 0.000% Original Principal Balance 2,757,250.00 Jun-05 0.025% Current Principal Balance 2,755,054.70 Jul-05 0.033% Aug-05 0.069% Sep-05 0.126% Oct-05 0.243% Nov-05 0.384% *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 Group 1 0200074870 Oct-2005 01-Jan-2005 NY 89.19 99,000.00 Group 1 0200080257 Nov-2005 01-Feb-2005 NC 80.00 70,400.00 Group 1 0200084259 Nov-2005 01-Feb-2005 TX 80.00 172,000.00 Group 1 0200084747 Sep-2005 01-Feb-2005 GA 80.00 201,600.00 Group 1 0200085264 Sep-2005 01-Feb-2005 CO 80.00 108,000.00 Group 1 0200086114 Aug-2005 01-Feb-2005 MI 85.00 83,300.00 Group 1 0200094738 Nov-2005 01-Feb-2005 RI 80.00 240,000.00 Group 1 0200103919 Oct-2005 01-Mar-2005 TX 80.00 80,000.00 Group 1 0200105948 Nov-2005 01-Mar-2005 GA 90.00 108,000.00 Group 1 0200109171 Oct-2005 01-Mar-2005 CO 79.71 110,000.00 Group 1 0400070272 Sep-2005 01-Jan-2005 GA 94.97 154,700.00 Group 1 0400078259 Oct-2005 01-Feb-2005 OH 80.00 156,000.00 Group 1 0400088431 Aug-2005 01-Mar-2005 NH 64.97 113,700.00 Group 1 0500030192 Oct-2005 01-Feb-2005 MI 80.00 128,000.00 Group 2 0200082501 Nov-2005 01-Feb-2005 GA 80.00 148,000.00 Group 3 0200079291 Oct-2005 01-Feb-2005 TX 80.00 104,000.00 Group 3 0200089589 Nov-2005 01-Feb-2005 MI 80.00 112,000.00 Group 3 0200093367 Oct-2005 01-Feb-2005 MI 90.00 58,500.00 Group 3 0200097962 Oct-2005 01-Mar-2005 MO 85.00 66,300.00 Group 3 0200103307 Nov-2005 01-Mar-2005 TX 90.00 86,400.00 Group 3 0200105195 Sep-2005 01-Mar-2005 MO 75.00 82,500.00 Group 3 0400071668 Sep-2005 01-Feb-2005 MI 68.18 90,000.00 Group 3 0500024922 Oct-2005 01-Feb-2005 TX 80.00 95,600.00 Group 4 0500023775 Aug-2005 01-Feb-2005 TX 75.00 89,250.00
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 Group 1 0200074870 99,000.00 01-Dec-2004 9 8.080% 5,628.15 Group 1 0200080257 70,243.84 01-Apr-2005 5 7.550% 2,882.21 Group 1 0200084259 171,716.64 01-Mar-2005 6 6.990% 7,407.71 Group 1 0200084747 201,600.00 01-Feb-2005 7 6.200% 8,618.40 Group 1 0200085264 108,000.00 01-Feb-2005 7 6.650% 4,981.50 Group 1 0200086114 83,300.00 01-Jan-2005 8 8.200% 4,794.79 Group 1 0200094738 239,812.78 01-Feb-2005 7 7.250% 12,101.86 Group 1 0200103919 79,939.31 01-Mar-2005 6 7.390% 3,661.93 Group 1 0200105948 107,878.07 01-Apr-2005 5 8.860% 5,251.72 Group 1 0200109171 109,919.17 01-Mar-2005 6 7.550% 5,152.64 Group 1 0400070272 154,700.00 01-Dec-2004 9 11.145% 12,324.52 Group 1 0400078259 156,000.00 01-Jan-2005 8 6.692% 7,212.61 Group 1 0400088431 113,700.00 01-Feb-2005 7 10.453% 8,473.47 Group 1 0500030192 127,698.61 01-Apr-2005 5 7.250% 5,015.99 Group 2 0200082501 147,742.68 01-Apr-2005 5 8.750% 7,097.39 Group 3 0200079291 104,000.00 01-Jan-2005 8 7.050% 5,087.93 Group 3 0200089589 111,800.32 01-Apr-2005 5 8.650% 5,305.46 Group 3 0200093367 58,386.46 01-Apr-2005 5 8.800% 2,821.86 Group 3 0200097962 66,234.66 01-Apr-2005 5 9.510% 3,475.91 Group 3 0200103307 86,300.02 01-Apr-2005 5 8.740% 4,140.76 Group 3 0200105195 82,462.65 01-Mar-2005 6 9.891% 5,154.33 Group 3 0400071668 89,917.62 01-Mar-2005 6 9.860% 5,601.59 Group 3 0500024922 95,451.87 01-Mar-2005 6 7.300% 4,315.14 Group 4 0500023775 89,250.00 01-Jan-2005 8 10.220% 6,492.28
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 31 Dec-04 0.000% Original Principal Balance 3,187,205.00 Jan-05 0.000% Current Principal Balance 3,180,435.29 Feb-05 0.000% Mar-05 0.000% Current Foreclosure Total Apr-05 0.000% Loans in Foreclosure 103 May-05 0.102% Original Principal Balance 13,748,820.00 Jun-05 0.231% Current Principal Balance 13,727,068.34 Jul-05 0.778% Aug-05 1.234% Sep-05 1.548% Oct-05 1.717% Nov-05 1.912% *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 1 0200074417 Jul-2005 01-Jan-2005 OH 79.95 137,600.00 Group 1 0200074912 Jul-2005 01-Jan-2005 FL 84.95 89,200.00 Group 1 0200076701 Jun-2005 01-Jan-2005 LA 69.96 195,900.00 Group 1 0200077030 Sep-2005 01-Jan-2005 MA 84.90 208,000.00 Group 1 0200077725 Jul-2005 01-Jan-2005 OH 79.99 457,800.00 Group 1 0200081115 Nov-2005 01-Feb-2005 OH 80.00 55,200.00 Group 1 0200081248 Oct-2005 01-Feb-2005 NV 80.00 292,000.00 Group 1 0200081313 Sep-2005 01-Feb-2005 OH 70.00 75,600.00 Group 1 0200084861 Aug-2005 01-Feb-2005 MI 85.00 83,300.00 Group 1 0200086031 Aug-2005 01-Feb-2005 CA 72.00 126,000.00 Group 1 0200086460 Oct-2005 01-Feb-2005 OH 88.11 158,600.00 Group 1 0200086684 Nov-2005 01-Feb-2005 IN 80.00 60,000.00 Group 1 0200090082 Nov-2005 01-Feb-2005 CO 90.00 112,500.00 Group 1 0200090421 Oct-2005 01-Feb-2005 TX 80.00 368,000.00 Group 1 0200091734 Aug-2005 01-Feb-2005 NY 90.00 50,400.00 Group 1 0200091825 Nov-2005 01-Feb-2005 PA 79.96 106,800.00 Group 1 0200092054 Sep-2005 01-Feb-2005 OH 80.00 60,000.00 Group 1 0200093441 Aug-2005 01-Feb-2005 CT 80.00 180,000.00 Group 1 0200094241 Nov-2005 01-Feb-2005 OH 79.98 71,900.00 Group 1 0200094829 Sep-2005 01-Feb-2005 CA 80.00 184,000.00 Group 1 0200095420 Jul-2005 01-Mar-2005 CO 80.00 115,200.00 Group 1 0200096758 Sep-2005 01-Mar-2005 KY 76.92 60,000.00 Group 1 0200098515 Jul-2005 01-Mar-2005 IL 80.00 132,000.00 Group 1 0200099224 Jul-2005 01-Mar-2005 MS 74.95 72,700.00 Group 1 0200100089 Nov-2005 01-Mar-2005 IL 74.97 125,200.00 Group 1 0200100683 Nov-2005 01-Mar-2005 TN 85.00 61,200.00 Group 1 0200102069 Sep-2005 01-Mar-2005 MA 75.00 88,500.00 Group 1 0200102796 Nov-2005 01-Mar-2005 MI 80.00 49,600.00 Group 1 0200108306 Jul-2005 01-Mar-2005 PA 74.95 71,200.00 Group 1 0400067880 Nov-2005 01-Jan-2005 MN 84.66 201,500.00 Group 1 0400068250 Aug-2005 01-Jan-2005 OH 84.96 99,400.00 Group 1 0400069837 Sep-2005 01-Jan-2005 NY 87.07 222,900.00 Group 1 0400070033 Sep-2005 01-Jan-2005 IL 80.00 184,000.00 Group 1 0400072948 Oct-2005 01-Feb-2005 IN 85.00 42,500.00 Group 1 0400072955 Nov-2005 01-Feb-2005 VA 68.20 83,200.00 Group 1 0400075065 Aug-2005 01-Feb-2005 OH 79.98 71,900.00 Group 1 0400075271 Aug-2005 01-Feb-2005 NE 90.00 103,500.00 Group 1 0400075834 Jun-2005 01-Feb-2005 WI 74.96 89,200.00 Group 1 0400077814 Aug-2005 01-Feb-2005 FL 75.00 97,500.00 Group 1 0400081345 Sep-2005 01-Mar-2005 RI 70.00 574,000.00 Group 1 0400082038 Jul-2005 01-Mar-2005 WI 90.00 211,500.00 Group 1 0400082350 Oct-2005 01-Mar-2005 NH 90.00 194,400.00 Group 1 0400082830 Nov-2005 01-Mar-2005 OH 80.00 80,000.00 Group 1 0400084554 Nov-2005 01-Mar-2005 RI 61.36 112,900.00 Group 1 0400086211 Jul-2005 01-Mar-2005 LA 69.26 56,100.00 Group 1 0400086674 Sep-2005 01-Mar-2005 MN 79.88 65,500.00 Group 1 0400087235 Oct-2005 01-Mar-2005 MA 80.00 200,000.00 Group 1 0400087565 Nov-2005 01-Mar-2005 CT 90.00 63,000.00 Group 1 0400088589 Sep-2005 01-Mar-2005 OH 90.00 103,500.00 Group 1 0400088936 Nov-2005 01-Mar-2005 SC 80.00 124,000.00 Group 1 0400089041 Nov-2005 01-Mar-2005 MA 84.94 199,600.00 Group 1 0400089157 Nov-2005 01-Mar-2005 OH 85.00 59,500.00 Group 1 0400089207 Nov-2005 01-Mar-2005 MN 93.60 234,000.00 Group 1 0400089264 Sep-2005 01-Mar-2005 NY 59.38 475,000.00 Group 1 0400089314 Sep-2005 01-Mar-2005 ME 94.96 126,300.00 Group 1 0500018528 Nov-2005 01-Dec-2004 MI 90.00 96,300.00 Group 1 0500021167 Nov-2005 01-Jan-2005 IN 80.00 48,000.00 Group 1 0500022645 Sep-2005 01-Feb-2005 WI 85.00 97,750.00 Group 1 0500026778 Oct-2005 01-Feb-2005 GA 85.00 104,465.00 Group 1 0500029079 Nov-2005 01-Feb-2005 TX 95.00 56,905.00 Group 2 0200080521 Sep-2005 01-Feb-2005 FL 85.00 85,000.00 Group 2 0200089498 Jul-2005 01-Feb-2005 TX 80.00 80,000.00 Group 2 0200106664 Jul-2005 01-Mar-2005 TX 80.00 60,000.00 Group 2 0500018072 Jul-2005 01-Dec-2004 SC 80.00 74,400.00 Group 3 0200073922 Nov-2005 01-Jan-2005 TX 80.00 52,000.00 Group 3 0200076297 Oct-2005 01-Jan-2005 CO 80.00 163,200.00 Group 3 0200076990 Jul-2005 01-Jan-2005 FL 80.00 64,000.00 Group 3 0200080174 Sep-2005 01-Feb-2005 PA 81.17 166,400.00 Group 3 0200080273 Jun-2005 01-Feb-2005 WA 80.00 340,000.00 Group 3 0200080463 Nov-2005 01-Feb-2005 NC 85.00 136,000.00 Group 3 0200081404 Nov-2005 01-Jan-2005 OH 90.00 117,900.00 Group 3 0200082709 Nov-2005 01-Feb-2005 LA 79.99 129,500.00 Group 3 0200084994 Jul-2005 01-Feb-2005 FL 80.00 208,000.00 Group 3 0200085777 Nov-2005 01-Feb-2005 PA 90.00 108,000.00 Group 3 0200090280 Aug-2005 01-Feb-2005 NY 95.00 361,000.00 Group 3 0200094506 Jun-2005 01-Feb-2005 OH 80.00 67,200.00 Group 3 0200096659 Jul-2005 01-Mar-2005 FL 74.97 146,200.00 Group 3 0200096816 Jul-2005 01-Mar-2005 OK 89.82 46,300.00 Group 3 0200096931 Jun-2005 01-Feb-2005 MD 80.00 140,000.00 Group 3 0200099059 Aug-2005 01-Mar-2005 MO 84.96 48,000.00 Group 3 0200100618 Aug-2005 01-Mar-2005 OK 80.00 45,200.00 Group 3 0200102143 Aug-2005 01-Mar-2005 RI 80.00 316,000.00 Group 3 0200102408 Jul-2005 01-Mar-2005 LA 73.46 95,500.00 Group 3 0200103349 Aug-2005 01-Mar-2005 TX 70.00 304,500.00 Group 3 0200104750 Jul-2005 01-Mar-2005 IL 84.95 84,100.00 Group 3 0200108983 Nov-2005 01-Mar-2005 MI 84.95 80,700.00 Group 3 0200109106 Nov-2005 01-Mar-2005 CA 62.44 128,000.00 Group 3 0400069340 Nov-2005 01-Jan-2005 OH 80.00 70,400.00 Group 3 0400072807 Jul-2005 01-Feb-2005 WI 84.91 46,700.00 Group 3 0400073383 Aug-2005 01-Feb-2005 VT 78.33 94,000.00 Group 3 0400074340 Jul-2005 01-Feb-2005 OH 90.00 86,400.00 Group 3 0400075305 Aug-2005 01-Feb-2005 OH 74.98 198,700.00 Group 3 0400076733 Oct-2005 01-Feb-2005 ME 63.29 100,000.00 Group 3 0400078010 Oct-2005 01-Feb-2005 NJ 62.41 181,000.00 Group 3 0400079075 Aug-2005 01-Feb-2005 OH 89.95 88,600.00 Group 3 0400079562 Oct-2005 01-Feb-2005 OH 94.96 128,200.00 Group 3 0400082434 Nov-2005 01-Mar-2005 NE 80.00 44,000.00 Group 3 0400083531 Aug-2005 01-Mar-2005 FL 52.17 60,000.00 Group 3 0400083903 Nov-2005 01-Mar-2005 NY 89.95 193,400.00 Group 3 0500022884 Nov-2005 01-Feb-2005 MI 90.00 126,000.00 Group 3 0500028246 Sep-2005 01-Feb-2005 FL 80.00 113,600.00 Group 3 0500029434 Aug-2005 01-Feb-2005 VA 80.00 194,400.00 Group 4 0200091858 Oct-2005 01-Feb-2005 VA 84.79 49,600.00
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 1 0200074417 136,813.88 01-Jun-2005 3 6.300% 3,299.85 Group 1 0200074912 88,925.97 01-May-2005 4 8.500% 3,551.39 Group 1 0200076701 195,900.00 01-Dec-2004 9 8.770% 12,107.97 Group 1 0200077030 207,591.12 01-Mar-2005 6 8.150% 10,562.15 Group 1 0200077725 457,800.00 01-Feb-2005 7 5.800% 18,197.55 Group 1 0200081115 55,035.55 01-Jun-2005 3 8.650% 1,866.62 Group 1 0200081248 292,000.00 01-May-2005 4 6.350% 8,541.00 Group 1 0200081313 75,544.05 01-Mar-2005 6 10.850% 5,205.57 Group 1 0200084861 83,186.71 01-Mar-2005 6 7.950% 4,121.53 Group 1 0200086031 125,823.35 01-Mar-2005 6 7.800% 6,108.01 Group 1 0200086460 158,600.00 01-Mar-2005 6 8.900% 8,881.60 Group 1 0200086684 60,000.00 01-Jun-2005 3 7.510% 1,752.50 Group 1 0200090082 112,499.51 01-May-2005 4 7.990% 4,213.14 Group 1 0200090421 368,000.00 01-May-2005 4 6.450% 10,948.02 Group 1 0200091734 50,338.40 01-Mar-2005 6 8.475% 2,670.44 Group 1 0200091825 106,576.94 01-Apr-2005 5 7.850% 4,559.68 Group 1 0200092054 59,883.18 01-Apr-2005 5 8.550% 2,806.79 Group 1 0200093441 179,689.17 01-Mar-2005 6 6.750% 7,463.93 Group 1 0200094241 71,723.89 01-Apr-2005 5 7.050% 2,733.57 Group 1 0200094829 184,000.00 01-Apr-2005 5 6.550% 6,493.62 Group 1 0200095420 115,200.00 01-Jul-2005 2 5.400% 1,881.60 Group 1 0200096758 59,933.51 01-Apr-2005 5 8.950% 2,949.18 Group 1 0200098515 131,707.80 01-May-2005 4 7.560% 4,640.50 Group 1 0200099224 72,700.00 01-Feb-2005 7 7.560% 3,838.00 Group 1 0200100089 124,913.04 01-Jun-2005 3 8.840% 4,335.62 Group 1 0200100683 61,129.69 01-Apr-2005 5 8.830% 2,965.19 Group 1 0200102069 88,419.51 01-Apr-2005 5 9.890% 4,836.39 Group 1 0200102796 49,520.46 01-May-2005 4 9.140% 2,136.35 Group 1 0200108306 71,149.18 01-Mar-2005 6 7.694% 3,403.61 Group 1 0400067880 201,001.87 01-Jun-2005 3 10.433% 8,311.81 Group 1 0400068250 99,299.04 01-Mar-2005 6 11.500% 7,273.38 Group 1 0400069837 222,218.99 01-Apr-2005 5 7.407% 8,932.30 Group 1 0400070033 183,633.03 01-Apr-2005 5 9.492% 9,617.24 Group 1 0400072948 42,466.11 01-Mar-2005 6 10.505% 2,828.42 Group 1 0400072955 82,986.74 01-Jun-2005 3 9.378% 3,066.57 Group 1 0400075065 71,829.31 01-Apr-2005 5 11.429% 4,574.62 Group 1 0400075271 103,420.54 01-Mar-2005 6 10.681% 7,009.76 Group 1 0400075834 89,200.00 01-Jan-2005 8 11.477% 7,331.51 Group 1 0400077814 97,184.75 01-Aug-2005 1 9.918% 2,287.13 Group 1 0400081345 572,634.81 01-Jul-2005 2 9.735% 17,614.62 Group 1 0400082038 211,500.00 01-Feb-2005 7 11.416% 17,292.43 Group 1 0400082350 193,935.63 01-May-2005 4 7.177% 6,461.37 Group 1 0400082830 79,849.72 01-Jun-2005 3 9.800% 3,091.19 Group 1 0400084554 112,749.26 01-May-2005 4 10.600% 5,688.06 Group 1 0400086211 56,055.23 01-Apr-2005 5 10.501% 3,266.17 Group 1 0400086674 65,444.89 01-Apr-2005 5 10.800% 3,927.63 Group 1 0400087235 199,542.24 01-May-2005 4 7.635% 7,105.30 Group 1 0400087565 62,904.89 01-Jun-2005 3 10.800% 2,697.56 Group 1 0400088589 103,414.70 01-Apr-2005 5 10.351% 5,935.09 Group 1 0400088936 123,545.47 01-Jun-2005 3 6.476% 3,070.52 Group 1 0400089041 199,327.35 01-May-2005 4 9.903% 9,360.39 Group 1 0400089157 59,406.25 01-Jun-2005 3 10.602% 2,498.48 Group 1 0400089207 233,471.59 01-Jun-2005 3 8.895% 8,157.16 Group 1 0400089264 474,646.91 01-Apr-2005 5 10.830% 28,568.60 Group 1 0400089314 126,049.63 01-Jul-2005 2 10.593% 4,238.11 Group 1 0500018528 95,757.44 01-May-2005 4 6.400% 2,818.07 Group 1 0500021167 47,887.87 01-Apr-2005 5 8.730% 2,294.86 Group 1 0500022645 97,662.98 01-Mar-2005 6 9.990% 6,168.89 Group 1 0500026778 103,731.17 01-Apr-2005 5 10.390% 5,975.85 Group 1 0500029079 56,771.77 01-Jun-2005 3 10.100% 2,268.80 Group 2 0200080521 84,878.59 01-Apr-2005 5 9.730% 4,563.31 Group 2 0200089498 79,641.74 01-Jul-2005 2 7.550% 1,869.43 Group 2 0200106664 60,000.00 01-Feb-2005 7 11.261% 4,799.95 Group 2 0500018072 74,128.35 01-Jul-2005 2 9.990% 2,343.25 Group 3 0200073922 51,822.78 01-Jun-2005 3 9.550% 1,952.12 Group 3 0200076297 163,200.00 01-May-2005 4 5.650% 4,202.40 Group 3 0200076990 63,731.55 01-Mar-2005 6 7.790% 3,090.11 Group 3 0200080174 166,400.00 01-Jan-2005 8 7.950% 9,265.49 Group 3 0200080273 340,000.00 01-Jan-2005 8 6.750% 15,937.47 Group 3 0200080463 135,923.36 01-Feb-2005 7 8.850% 8,492.53 Group 3 0200081404 117,733.04 01-Feb-2005 7 7.750% 6,383.12 Group 3 0200082709 129,251.22 01-Mar-2005 6 6.200% 4,894.71 Group 3 0200084994 208,000.00 01-Feb-2005 7 7.000% 10,139.94 Group 3 0200085777 107,666.65 01-May-2005 4 7.800% 3,922.69 Group 3 0200090280 360,409.36 01-Mar-2005 6 7.025% 15,631.91 Group 3 0200094506 67,200.00 01-Jan-2005 8 7.850% 3,691.38 Group 3 0200096659 146,200.00 01-Feb-2005 7 9.100% 9,409.36 Group 3 0200096816 46,300.00 01-Feb-2005 7 8.600% 2,805.93 Group 3 0200096931 140,000.00 01-Jan-2005 8 8.950% 8,847.51 Group 3 0200099059 47,949.51 01-Apr-2005 5 9.200% 2,429.50 Group 3 0200100618 45,178.46 01-Mar-2005 6 9.650% 2,751.16 Group 3 0200102143 314,085.14 01-Aug-2005 1 5.990% 4,306.36 Group 3 0200102408 95,389.94 01-Apr-2005 5 8.760% 4,588.06 Group 3 0200103349 303,814.11 01-Jun-2005 3 9.040% 10,798.52 Group 3 0200104750 84,100.00 01-Feb-2005 7 10.175% 6,091.90 Group 3 0200108983 80,537.97 01-May-2005 4 8.046% 3,033.49 Group 3 0200109106 127,623.15 01-Jun-2005 3 7.590% 3,764.49 Group 3 0400069340 70,075.18 01-Jun-2005 3 7.400% 2,011.47 Group 3 0400072807 46,684.84 01-Feb-2005 7 11.429% 3,821.49 Group 3 0400073383 93,894.77 01-Mar-2005 6 8.918% 5,258.80 Group 3 0400074340 86,367.11 01-Feb-2005 7 10.821% 6,675.23 Group 3 0400075305 198,292.13 01-May-2005 4 9.354% 8,766.78 Group 3 0400076733 99,890.35 01-Mar-2005 6 9.000% 5,649.30 Group 3 0400078010 180,741.35 01-Apr-2005 5 9.690% 9,674.96 Group 3 0400079075 88,511.49 01-Mar-2005 6 9.445% 5,268.73 Group 3 0400079562 128,070.35 01-Apr-2005 5 11.300% 8,059.97 Group 3 0400082434 43,931.93 01-Jun-2005 3 10.687% 1,863.24 Group 3 0400083531 59,977.92 01-Mar-2005 6 10.854% 4,134.61 Group 3 0400083903 193,186.13 01-May-2005 4 10.909% 10,044.88 Group 3 0500022884 125,624.58 01-Jun-2005 3 8.650% 4,260.75 Group 3 0500028246 113,272.72 01-May-2005 4 8.410% 4,472.69 Group 3 0500029434 193,647.48 01-Jun-2005 3 7.350% 5,518.22 Group 4 0200091858 49,600.00 01-May-2005 4 8.450% 1,971.60
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.582385% Weighted Average Net Coupon 7.082385% Weighted Average Pass-Through Rate 7.082385% Weighted Average Maturity(Stepdown Calculation) 341 Beginning Scheduled Collateral Loan Count 5,795 Number Of Loans Paid In Full 190 Ending Scheduled Collateral Loan Count 5,605 Beginning Scheduled Collateral Balance 747,305,457.72 Ending Scheduled Collateral Balance 717,169,429.47 Ending Actual Collateral Balance at 31-Oct-2005 717,837,664.13 Monthly P&I Constant 5,295,452.80 Special Servicing Fee 0.00 Prepayment Penalties 557,303.44 Realized Loss Amount 109,647.35 Cumulative Realized Loss 433,049.92 Scheduled Principal 573,488.04 Unscheduled Principal 29,562,540.21 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 20,250,000.00 Overcollateralized Amount 20,250,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 102,930.15 Excess Cash Amount 1,926,713.55
Miscellaneous Reporting LIBOR 4.03750% Cap Contract Amount to Trust 100,790.28 Swap to Trust 286,498.36 Swap to Counterparty 0.00
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 7.392376 8.543622 7.492639 Weighted Average Net Rate 6.892376 8.043622 6.992639 Weighted Average Maturity 340 340 340 Beginning Loan Count 2,599 1,068 1,564 Loans Paid In Full 101 27 49 Ending Loan Count 2,498 1,041 1,515 Beginning Scheduled Balance 409,127,358.43 76,557,852.40 219,383,970.04 Ending Scheduled Balance 390,057,804.68 74,724,755.53 210,897,883.90 Record Date 10/31/2005 10/31/2005 10/31/2005 Principal And Interest Constant 2,797,988.70 639,186.31 1,518,368.09 Scheduled Principal 277,635.95 94,118.49 148,564.09 Unscheduled Principal 18,791,917.80 1,738,978.38 8,337,522.05 Scheduled Interest 2,520,352.75 545,067.82 1,369,804.00 Servicing Fees 170,469.73 31,899.11 91,409.99 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 2,349,883.02 513,168.71 1,278,394.01 Realized Loss Amount 857.70 62,929.77 0.00 Cumulative Realized Loss 857.70 323,658.37 0.00 Percentage of Cumulative Losses 0.0002 0.3741 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.892376 8.043622 6.992639
Group Level Collateral Statement Group Group 4 Total Collateral Description Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 8.146746 7.582385 Weighted Average Net Rate 7.646746 7.082385 Weighted Average Maturity 340 341 Beginning Loan Count 564 5,795 Loans Paid In Full 13 190 Ending Loan Count 551 5,605 Beginning Scheduled Balance 42,236,276.85 747,305,457.72 Ending scheduled Balance 41,488,985.36 717,169,429.47 Record Date 10/31/2005 10/31/2005 Principal And Interest Constant 339,909.70 5,295,452.80 Scheduled Principal 53,169.51 573,488.04 Unscheduled Principal 694,121.98 29,562,540.21 Scheduled Interest 286,740.19 4,721,964.76 Servicing Fees 17,598.45 311,377.28 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 269,141.74 4,410,587.48 Realized Loss Amount 45,859.88 109,647.35 Cumulative Realized Loss 108,533.85 433,049.92 Percentage of Cumulative Losses 0.2301 0.0481 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 7.646746 7.082385
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 1 100 18,848,870.00 18,725,201.86 0 0.00 0.00 Group 2 26 1,696,750.00 1,676,479.40 0 0.00 0.00 Group 3 49 8,379,910.00 8,334,296.67 0 0.00 0.00 Group 4 11 656,350.00 649,950.60 0 0.00 0.00 Total 186 29,581,880.00 29,385,928.53 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 1 0 0.00 0.00 1 63,900.00 63,640.11 16,454.23 Group 2 0 0.00 0.00 1 60,000.00 59,576.16 5,252.57 Group 3 0 0.00 0.00 0 0.00 0.00 8,235.01 Group 4 0 0.00 0.00 2 42,800.00 42,606.63 2,267.78 Total 0 0.00 0.00 4 166,700.00 165,822.90 32,209.59
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 0200076487 CA 90.00 01-Jan-2005 248,400.00 245,971.83 Group 1 0200076909 CA 80.00 01-Jan-2005 340,000.00 340,000.00 Group 1 0200077055 MD 86.34 01-Jan-2005 276,300.00 273,828.21 Group 1 0200077311 ME 80.00 01-Jan-2005 81,600.00 80,744.57 Group 1 0200077337 CA 59.78 01-Jan-2005 133,300.00 133,299.03 Group 1 0200077584 AZ 94.97 01-Jan-2005 175,700.00 174,102.29 Group 1 0200078210 IN 89.99 01-Jan-2005 80,900.00 80,330.00 Group 1 0200079796 CA 76.27 01-Feb-2005 225,000.00 223,080.93 Group 1 0200080885 NJ 60.61 01-Feb-2005 1,000,000.00 990,911.42 Group 1 0200082345 WA 80.00 01-Feb-2005 186,400.00 186,395.11 Group 1 0200082444 RI 84.98 01-Feb-2005 242,200.00 240,258.40 Group 1 0200082485 AZ 79.99 01-Feb-2005 115,900.00 115,900.00 Group 1 0200083459 MD 95.00 01-Feb-2005 209,000.00 207,548.64 Group 1 0200083954 MO 70.00 01-Feb-2005 81,900.00 81,390.32 Group 1 0200087047 NY 80.00 01-Feb-2005 96,000.00 95,408.22 Group 1 0200087260 OH 87.18 01-Feb-2005 68,000.00 67,638.79 Group 1 0200087302 OH 100.00 01-Feb-2005 181,000.00 178,992.94 Group 1 0200087625 CA 74.77 01-Feb-2005 163,000.00 162,989.54 Group 1 0200087724 TX 80.00 01-Feb-2005 68,000.00 67,460.17 Group 1 0200087773 IN 80.00 01-Feb-2005 60,800.00 60,398.78 Group 1 0200088052 WA 94.97 01-Feb-2005 179,500.00 179,500.00 Group 1 0200089266 MD 42.61 01-Feb-2005 98,000.00 97,999.70 Group 1 0200089829 CA 90.00 01-Feb-2005 342,000.00 339,635.22 Group 1 0200090355 AZ 100.00 01-Feb-2005 130,000.00 127,764.93 Group 1 0200090439 NV 80.00 01-Feb-2005 192,000.00 192,000.00 Group 1 0200092864 IL 95.00 01-Feb-2005 237,500.00 236,014.47 Group 1 0200092955 AZ 66.31 01-Feb-2005 86,200.00 85,438.78 Group 1 0200093243 VA 80.00 01-Feb-2005 82,400.00 81,905.07 Group 1 0200094266 MI 85.00 01-Feb-2005 112,200.00 111,673.76 Group 1 0200095669 MA 65.48 01-Mar-2005 165,000.00 163,789.79 Group 1 0200096378 FL 70.00 01-Mar-2005 346,500.00 344,055.93 Group 1 0200097855 CA 88.98 01-Mar-2005 315,000.00 315,000.00 Group 1 0200099190 KS 99.98 01-Mar-2005 235,600.00 234,265.02 Group 1 0200100717 KY 28.87 01-Mar-2005 41,000.00 40,761.94 Group 1 0200102176 OH 80.00 01-Mar-2005 70,400.00 69,814.58 Group 1 0200102507 NV 72.30 01-Mar-2005 107,000.00 106,999.97 Group 1 0200103877 FL 74.97 01-Mar-2005 137,200.00 136,347.08 Group 1 0200104511 MD 66.67 01-Mar-2005 270,000.00 268,412.20 Group 1 0200104966 VA 77.59 01-Mar-2005 135,000.00 133,964.57 Group 1 0200107035 CA 70.00 01-Mar-2005 235,900.00 234,519.46 Group 1 0200108678 CA 75.00 01-Mar-2005 142,500.00 141,900.94 Group 1 0400067898 MA 75.00 01-Jan-2005 210,000.00 207,600.67 Group 1 0400069571 CA 80.00 01-Jan-2005 174,400.00 172,355.19 Group 1 0400070165 CT 88.54 01-Jan-2005 181,500.00 180,007.30 Group 1 0400070454 NY 55.01 01-Jan-2005 238,200.00 237,118.86 Group 1 0400070579 CA 90.00 01-Jan-2005 243,000.00 240,927.08 Group 1 0400071502 NV 89.29 01-Feb-2005 187,500.00 186,089.37 Group 1 0400072583 CA 83.18 01-Feb-2005 415,900.00 410,846.30 Group 1 0400073458 CT 70.00 01-Feb-2005 146,300.00 145,790.77 Group 1 0400073797 RI 91.88 01-Feb-2005 238,900.00 236,912.17 Group 1 0400074076 VA 68.29 01-Feb-2005 140,000.00 138,525.18 Group 1 0400076923 MA 46.15 01-Feb-2005 120,000.00 119,521.86 Group 1 0400077178 OH 85.00 01-Feb-2005 73,100.00 72,813.37 Group 1 0400077335 NY 31.42 01-Feb-2005 207,400.00 206,490.71 Group 1 0400077681 NC 95.00 01-Feb-2005 77,900.00 77,086.25 Group 1 0400078150 CA 80.00 01-Feb-2005 348,000.00 344,447.35 Group 1 0400078903 CA 80.00 01-Feb-2005 200,000.00 198,011.95 Group 1 0400079141 CA 74.99 01-Feb-2005 311,200.00 307,710.44 Group 1 0400079299 FL 79.99 01-Feb-2005 138,300.00 137,576.67 Group 1 0400081147 NY 89.78 01-Mar-2005 360,000.00 357,541.26 Group 1 0400081196 MD 61.47 01-Mar-2005 75,300.00 74,891.90 Group 1 0400081535 CT 55.02 01-Mar-2005 129,300.00 128,869.57 Group 1 0400082160 MD 77.09 01-Mar-2005 169,600.00 168,060.43 Group 1 0400084174 MD 80.00 01-Mar-2005 101,600.00 101,129.90 Group 1 0400084406 NY 37.28 01-Mar-2005 177,100.00 176,484.92 Group 1 0400085130 CA 98.68 01-Mar-2005 261,500.00 259,468.80 Group 1 0400085239 AZ 80.00 01-Mar-2005 108,000.00 107,437.29 Group 1 0400085551 MA 64.37 01-Mar-2005 224,000.00 222,169.50 Group 1 0400085965 CA 80.00 01-Mar-2005 318,800.00 315,677.39 Group 1 0400086013 AZ 80.00 01-Mar-2005 116,800.00 115,833.29 Group 1 0400086369 MA 51.30 01-Mar-2005 118,000.00 117,255.94 Group 1 0400086518 CT 90.00 01-Mar-2005 63,900.00 63,615.24 Group 1 0400087219 WI 54.16 01-Mar-2005 165,200.00 163,877.80 Group 1 0400087664 CA 64.99 01-Mar-2005 263,200.00 261,769.62 Group 1 0400088456 NY 88.41 01-Mar-2005 362,500.00 361,045.35 Group 1 0400089298 MI 80.00 01-Mar-2005 81,600.00 81,062.66 Group 1 0400090338 IL 80.00 01-Mar-2005 144,000.00 142,891.06 Group 1 0400090940 FL 60.00 01-Mar-2005 73,800.00 73,413.42 Group 1 0400091104 CT 94.47 01-Mar-2005 230,500.00 228,933.46 Group 1 0500018791 NJ 80.00 01-Jan-2005 160,000.00 158,651.63 Group 1 0500018809 NJ 32.01 01-Dec-2004 145,000.00 143,331.17 Group 1 0500019187 NY 80.00 01-Jan-2005 268,000.00 265,742.43 Group 1 0500019328 MO 80.00 01-Dec-2004 108,000.00 106,695.23 Group 1 0500021001 IL 70.00 01-Jan-2005 102,200.00 101,379.93 Group 1 0500021092 CT 80.00 01-Nov-2004 121,600.00 120,123.63 Group 1 0500021134 FL 85.00 01-Jan-2005 282,200.00 280,403.10 Group 1 0500021456 NY 70.00 01-Dec-2004 114,800.00 113,837.10 Group 1 0500021621 MD 78.85 01-Feb-2005 102,500.00 101,735.77 Group 1 0500021811 WA 65.00 01-Jan-2005 195,000.00 190,685.44 Group 1 0500021993 FL 80.00 01-Dec-2004 142,400.00 141,382.70 Group 1 0500023999 MO 75.00 01-Jan-2005 120,750.00 120,750.00 Group 1 0500024898 MI 89.61 06-Jan-2005 69,000.00 68,401.47 Group 1 0500026521 GA 80.00 01-Feb-2005 112,000.00 110,969.17 Group 1 0500027214 WI 85.00 01-Feb-2005 151,300.00 150,142.70 Group 1 0500027529 FL 79.99 01-Feb-2005 179,900.00 178,457.78 Group 1 0500028923 FL 80.00 01-Jan-2005 141,600.00 140,259.72 Group 1 0500029129 CA 80.00 01-Feb-2005 396,000.00 392,569.49 Group 1 0500029228 CA 65.00 01-Jan-2005 585,000.00 580,414.41 Group 1 0500029749 WA 100.00 01-Feb-2005 118,000.00 116,636.89 Group 1 0500030150 MO 80.00 01-Feb-2005 131,920.00 130,773.31 Group 1 0500030507 WI 73.33 01-Feb-2005 275,000.00 272,447.61 Group 2 0200077659 CA 20.00 01-Jan-2005 85,000.00 83,793.06 Group 2 0200082618 WA 20.00 01-Feb-2005 46,600.00 46,036.55 Group 2 0200083228 OH 90.00 01-Feb-2005 66,600.00 66,219.86 Group 2 0200083269 OH 90.00 01-Feb-2005 112,500.00 111,054.54 Group 2 0200086619 FL 20.00 01-Feb-2005 81,800.00 80,680.04 Group 2 0200087534 IN 20.00 01-Feb-2005 15,200.00 15,030.55 Group 2 0200089324 FL 19.74 01-Feb-2005 25,300.00 24,964.34 Group 2 0200090546 NV 20.00 01-Feb-2005 48,000.00 47,524.03 Group 2 0200092716 MD 20.00 01-Feb-2005 52,000.00 51,449.35 Group 2 0200094332 RI 20.00 01-Feb-2005 60,000.00 59,513.12 Group 2 0200095453 GA 20.00 01-Mar-2005 38,950.00 38,501.44 Group 2 0200096568 CA 20.00 01-Feb-2005 76,000.00 75,023.27 Group 2 0200101475 FL 20.00 01-Mar-2005 39,400.00 38,946.26 Group 2 0400071288 AZ 20.00 01-Feb-2005 35,600.00 35,247.42 Group 2 0400071742 NH 11.82 01-Feb-2005 39,000.00 38,591.00 Group 2 0400072112 MA 73.27 01-Feb-2005 217,600.00 215,659.88 Group 2 0400072526 AR 74.95 01-Feb-2005 114,300.00 110,742.42 Group 2 0400075487 NY 20.00 01-Feb-2005 24,000.00 23,762.36 Group 2 0400075776 NH 63.87 01-Feb-2005 47,900.00 45,199.95 Group 2 0400077988 CA 11.95 01-Feb-2005 52,000.00 51,255.14 Group 2 0400079232 FL 19.95 01-Feb-2005 34,500.00 34,158.35 Group 2 0400083945 RI 75.54 01-Mar-2005 245,500.00 243,543.10 Group 2 0400085205 AZ 20.00 01-Mar-2005 50,400.00 49,953.22 Group 2 0400085247 AZ 20.00 01-Mar-2005 27,000.00 26,760.59 Group 2 0400086021 AZ 20.00 01-Mar-2005 29,200.00 28,923.49 Group 2 0400086476 NV 20.00 01-Mar-2005 62,000.00 61,450.30 Group 2 0500021100 CT 20.00 01-Nov-2004 30,400.00 29,742.18 Group 3 0200078863 CA 80.00 01-Jan-2005 88,000.00 87,190.89 Group 3 0200080075 NV 69.84 01-Feb-2005 220,000.00 218,463.55 Group 3 0200081669 NY 84.98 01-Feb-2005 208,200.00 206,394.16 Group 3 0200085421 MO 80.00 01-Feb-2005 119,200.00 118,371.66 Group 3 0200087211 CO 70.00 01-Feb-2005 299,600.00 297,290.38 Group 3 0200087930 AZ 80.00 01-Feb-2005 176,000.00 175,969.33 Group 3 0200089316 FL 79.98 01-Feb-2005 102,500.00 101,586.07 Group 3 0200089464 VA 88.19 01-Feb-2005 141,100.00 140,133.05 Group 3 0200089860 OH 90.00 01-Feb-2005 99,000.00 98,388.22 Group 3 0200091676 CA 52.50 01-Feb-2005 105,000.00 104,072.72 Group 3 0200092948 MD 80.00 01-Feb-2005 208,000.00 206,032.41 Group 3 0200095347 VA 82.71 01-Mar-2005 165,000.00 163,824.72 Group 3 0200095479 GA 79.98 01-Mar-2005 155,800.00 155,800.00 Group 3 0200096576 CA 80.00 01-Feb-2005 304,000.00 304,000.00 Group 3 0200099927 OH 90.00 01-Mar-2005 145,800.00 144,991.26 Group 3 0200100030 CA 85.00 01-Mar-2005 119,000.00 118,194.58 Group 3 0200101533 FL 80.00 01-Mar-2005 157,600.00 157,600.00 Group 3 0200102028 OH 79.73 01-Mar-2005 118,400.00 117,598.64 Group 3 0200103828 OH 89.90 01-Mar-2005 44,500.00 44,288.10 Group 3 0200106300 FL 80.00 01-Mar-2005 216,000.00 216,000.00 Group 3 0400068169 CA 70.00 01-Jan-2005 262,500.00 260,748.09 Group 3 0400069548 AZ 74.97 01-Jan-2005 141,700.00 141,176.77 Group 3 0400070744 NV 60.23 01-Feb-2005 210,800.00 208,716.02 Group 3 0400071890 FL 94.96 01-Feb-2005 155,400.00 154,521.38 Group 3 0400076956 MA 64.78 01-Feb-2005 307,700.00 305,908.48 Group 3 0400077509 WI 84.95 01-Feb-2005 80,700.00 80,426.49 Group 3 0400077566 CA 90.00 01-Feb-2005 258,300.00 257,219.90 Group 3 0400078192 AZ 84.96 01-Feb-2005 106,200.00 105,518.93 Group 3 0400078572 MI 64.92 01-Feb-2005 42,200.00 42,007.25 Group 3 0400078887 CA 65.00 01-Feb-2005 175,500.00 173,740.00 Group 3 0400080354 ME 80.00 01-Feb-2005 132,000.00 131,100.81 Group 3 0400081576 NY 37.70 01-Mar-2005 152,700.00 151,178.92 Group 3 0400082335 OH 95.00 01-Mar-2005 129,200.00 128,720.61 Group 3 0400082939 MA 70.00 01-Mar-2005 273,000.00 271,002.87 Group 3 0400084083 NH 70.00 01-Mar-2005 119,000.00 118,571.91 Group 3 0400084240 NJ 90.00 01-Mar-2005 139,500.00 138,789.62 Group 3 0400085213 AZ 80.00 01-Mar-2005 201,600.00 200,328.76 Group 3 0400088514 WI 85.00 01-Mar-2005 292,400.00 291,459.78 Group 3 0500017777 MI 58.33 01-Dec-2004 147,000.00 145,167.40 Group 3 0500020201 MO 80.00 01-Dec-2004 108,000.00 106,710.42 Group 3 0500021696 GA 80.00 01-Feb-2005 168,800.00 168,800.00 Group 3 0500021761 CA 80.00 01-Dec-2004 184,000.00 184,000.00 Group 3 0500022207 CA 89.75 01-Nov-2004 249,500.00 249,500.00 Group 3 0500023155 FL 80.00 01-Sep-2004 116,800.00 115,528.51 Group 3 0500024500 MI 95.00 03-Jan-2005 221,350.00 218,553.91 Group 3 0500028410 AZ 80.00 01-Feb-2005 344,800.00 341,341.42 Group 3 0500028998 FL 80.00 01-Feb-2005 101,760.00 100,981.59 Group 3 0500030580 LA 80.00 01-Feb-2005 224,800.00 222,616.22 Group 3 0500031059 FL 80.00 01-Feb-2005 140,000.00 138,761.24 Group 4 0200082659 AZ 19.94 01-Feb-2005 28,900.00 28,540.20 Group 4 0200097871 MI 20.00 01-Mar-2005 22,800.00 22,686.15 Group 4 0200100527 IN 56.96 01-Mar-2005 45,000.00 44,701.40 Group 4 0200102051 OH 19.93 01-Mar-2005 29,600.00 29,280.28 Group 4 0200102093 OH 20.00 01-Mar-2005 17,600.00 17,397.30 Group 4 0200103935 TX 20.00 01-Mar-2005 20,000.00 19,873.18 Group 4 0200106318 FL 20.00 01-Mar-2005 54,000.00 53,504.48 Group 4 0400070231 CA 20.00 01-Jan-2005 43,600.00 43,037.43 Group 4 0400074829 CT 83.71 01-Feb-2005 162,400.00 160,140.18 Group 4 0400078978 CA 20.00 01-Feb-2005 50,000.00 49,502.92 Group 4 0400087961 OH 48.58 01-Mar-2005 58,300.00 57,974.42 Group 4 0500024450 PA 100.00 01-Jan-2005 109,000.00 107,965.28 Group 4 0500027867 FL 19.99 01-Feb-2005 57,950.00 57,250.98
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 0200076487 Loan Paid in Full 0 6.750% 360 10 Group 1 0200076909 Loan Paid in Full 0 6.200% 360 10 Group 1 0200077055 Loan Paid in Full 0 7.240% 360 10 Group 1 0200077311 Loan Paid in Full (1) 6.450% 360 10 Group 1 0200077337 Loan Paid in Full 0 6.950% 240 10 Group 1 0200077584 Loan Paid in Full 0 7.300% 360 10 Group 1 0200078210 Loan Paid in Full 0 8.400% 360 10 Group 1 0200079796 Loan Paid in Full 0 7.150% 360 9 Group 1 0200080885 Loan Paid in Full 0 6.600% 360 9 Group 1 0200082345 Loan Paid in Full 0 6.850% 360 9 Group 1 0200082444 Loan Paid in Full 0 7.250% 360 9 Group 1 0200082485 Loan Paid in Full 0 6.800% 360 9 Group 1 0200083459 Loan Paid in Full 0 7.980% 360 9 Group 1 0200083954 Loan Paid in Full 0 8.525% 360 9 Group 1 0200087047 Loan Paid in Full 0 8.572% 360 9 Group 1 0200087260 Loan Paid in Full 0 9.300% 360 9 Group 1 0200087302 Loan Paid in Full 0 7.425% 360 9 Group 1 0200087625 Loan Paid in Full 0 5.950% 360 9 Group 1 0200087724 Loan Paid in Full (1) 7.300% 360 9 Group 1 0200087773 Loan Paid in Full 0 8.650% 360 9 Group 1 0200088052 Loan Paid in Full 0 8.300% 360 9 Group 1 0200089266 Loan Paid in Full 0 7.600% 360 9 Group 1 0200089829 Loan Paid in Full 0 8.000% 360 9 Group 1 0200090355 Loan Paid in Full 0 7.500% 360 9 Group 1 0200090439 Loan Paid in Full 0 6.990% 360 9 Group 1 0200092864 Loan Paid in Full 0 8.500% 360 9 Group 1 0200092955 Loan Paid in Full 0 6.750% 360 9 Group 1 0200093243 Loan Paid in Full 0 8.700% 360 9 Group 1 0200094266 Loan Paid in Full 0 9.900% 360 9 Group 1 0200095669 Loan Paid in Full 0 7.150% 360 8 Group 1 0200096378 Loan Paid in Full 1 7.350% 360 8 Group 1 0200097855 Loan Paid in Full 0 6.400% 360 8 Group 1 0200099190 Loan Paid in Full 0 8.450% 360 8 Group 1 0200100717 Loan Paid in Full 1 8.692% 360 8 Group 1 0200102176 Loan Paid in Full 0 6.500% 360 8 Group 1 0200102507 Loan Paid in Full 0 6.410% 360 8 Group 1 0200103877 Loan Paid in Full 1 7.990% 360 8 Group 1 0200104511 Loan Paid in Full 0 8.269% 360 8 Group 1 0200104966 Loan Paid in Full 0 7.899% 360 8 Group 1 0200107035 Loan Paid in Full 0 8.290% 360 8 Group 1 0200108678 Loan Paid in Full 0 9.900% 360 8 Group 1 0400067898 Loan Paid in Full 0 5.907% 360 10 Group 1 0400069571 Loan Paid in Full 0 5.768% 360 10 Group 1 0400070165 Loan Paid in Full 0 8.905% 360 10 Group 1 0400070454 Loan Paid in Full 0 10.743% 360 10 Group 1 0400070579 Loan Paid in Full 0 7.441% 360 10 Group 1 0400071502 Loan Paid in Full 0 7.583% 360 9 Group 1 0400072583 Loan Paid in Full 0 5.168% 360 9 Group 1 0400073458 Loan Paid in Full 0 11.305% 360 9 Group 1 0400073797 Loan Paid in Full 0 7.110% 360 9 Group 1 0400074076 Loan Paid in Full 0 5.818% 360 9 Group 1 0400076923 Loan Paid in Full (1) 10.674% 360 9 Group 1 0400077178 Loan Paid in Full 0 10.748% 360 9 Group 1 0400077335 Loan Paid in Full 0 10.222% 360 9 Group 1 0400077681 Loan Paid in Full 0 10.410% 360 9 Group 1 0400078150 Loan Paid in Full 0 6.008% 360 9 Group 1 0400078903 Loan Paid in Full 0 6.128% 360 9 Group 1 0400079141 Loan Paid in Full 0 5.481% 360 9 Group 1 0400079299 Loan Paid in Full 0 9.376% 360 9 Group 1 0400081147 Loan Paid in Full 0 7.514% 360 8 Group 1 0400081196 Loan Paid in Full 0 8.669% 360 8 Group 1 0400081535 Loan Paid in Full 0 11.000% 360 8 Group 1 0400082160 Loan Paid in Full 0 6.037% 360 8 Group 1 0400084174 Loan Paid in Full 0 9.500% 360 8 Group 1 0400084406 Loan Paid in Full (1) 10.803% 360 8 Group 1 0400085130 Loan Paid in Full 0 6.900% 360 8 Group 1 0400085239 Loan Paid in Full 0 8.863% 360 8 Group 1 0400085551 Loan Paid in Full 0 8.627% 360 8 Group 1 0400085965 Loan Paid in Full 0 5.630% 360 8 Group 1 0400086013 Loan Paid in Full 0 6.524% 360 8 Group 1 0400086369 Loan Paid in Full 0 7.917% 360 8 Group 1 0400086518 Liquidation 3 11.063% 360 8 Group 1 0400087219 Loan Paid in Full 0 6.699% 360 8 Group 1 0400087664 Loan Paid in Full 0 8.656% 360 8 Group 1 0400088456 Loan Paid in Full 0 10.681% 360 8 Group 1 0400089298 Loan Paid in Full 0 7.699% 360 8 Group 1 0400090338 Loan Paid in Full (1) 6.899% 360 8 Group 1 0400090940 Loan Paid in Full (1) 8.837% 360 8 Group 1 0400091104 Loan Paid in Full 0 7.539% 360 8 Group 1 0500018791 Loan Paid in Full 0 7.500% 360 10 Group 1 0500018809 Loan Paid in Full 0 6.500% 360 11 Group 1 0500019187 Loan Paid in Full 0 7.500% 360 10 Group 1 0500019328 Loan Paid in Full 0 6.300% 360 11 Group 1 0500021001 Loan Paid in Full 0 7.990% 360 10 Group 1 0500021092 Loan Paid in Full 0 6.500% 360 12 Group 1 0500021134 Loan Paid in Full 0 8.900% 360 10 Group 1 0500021456 Loan Paid in Full 0 7.980% 360 11 Group 1 0500021621 Loan Paid in Full 0 7.620% 360 9 Group 1 0500021811 Loan Paid in Full 0 6.050% 360 10 Group 1 0500021993 Loan Paid in Full 0 8.780% 360 11 Group 1 0500023999 Loan Paid in Full 0 6.590% 360 10 Group 1 0500024898 Loan Paid in Full 0 7.350% 360 10 Group 1 0500026521 Loan Paid in Full 0 7.680% 360 9 Group 1 0500027214 Loan Paid in Full 0 7.490% 360 9 Group 1 0500027529 Loan Paid in Full 0 7.250% 360 9 Group 1 0500028923 Loan Paid in Full 1 6.900% 360 10 Group 1 0500029129 Loan Paid in Full 0 6.850% 360 9 Group 1 0500029228 Loan Paid in Full 0 8.125% 360 10 Group 1 0500029749 Loan Paid in Full 0 6.900% 360 9 Group 1 0500030150 Loan Paid in Full 0 6.990% 360 9 Group 1 0500030507 Loan Paid in Full 0 6.490% 360 9 Group 2 0200077659 Loan Paid in Full 0 10.490% 240 10 Group 2 0200082618 Loan Paid in Full 0 10.990% 240 9 Group 2 0200083228 Loan Paid in Full 1 8.950% 360 9 Group 2 0200083269 Loan Paid in Full (1) 8.550% 360 9 Group 2 0200086619 Loan Paid in Full 0 9.990% 240 9 Group 2 0200087534 Loan Paid in Full 0 11.740% 240 9 Group 2 0200089324 Loan Paid in Full (1) 10.240% 240 9 Group 2 0200090546 Loan Paid in Full 0 12.490% 240 9 Group 2 0200092716 Loan Paid in Full 0 11.990% 240 9 Group 2 0200094332 Liquidation 5 12.240% 240 9 Group 2 0200095453 Loan Paid in Full 0 10.490% 240 8 Group 2 0200096568 Loan Paid in Full 0 10.490% 240 9 Group 2 0200101475 Loan Paid in Full 0 10.490% 240 8 Group 2 0400071288 Loan Paid in Full 0 12.500% 240 9 Group 2 0400071742 Loan Paid in Full 0 12.500% 240 9 Group 2 0400072112 Loan Paid in Full 0 6.700% 360 9 Group 2 0400072526 Loan Paid in Full 0 7.477% 180 9 Group 2 0400075487 Loan Paid in Full 0 12.500% 240 9 Group 2 0400075776 Loan Paid in Full 0 7.987% 120 9 Group 2 0400077988 Loan Paid in Full 0 10.950% 240 9 Group 2 0400079232 Loan Paid in Full 0 12.500% 240 9 Group 2 0400083945 Loan Paid in Full 0 6.725% 360 8 Group 2 0400085205 Loan Paid in Full 0 12.500% 240 8 Group 2 0400085247 Loan Paid in Full 0 12.500% 240 8 Group 2 0400086021 Loan Paid in Full 0 12.500% 240 8 Group 2 0400086476 Loan Paid in Full 0 12.500% 240 8 Group 2 0500021100 Loan Paid in Full 0 8.500% 240 12 Group 3 0200078863 Loan Paid in Full 0 7.050% 360 10 Group 3 0200080075 Loan Paid in Full 0 7.950% 360 9 Group 3 0200081669 Loan Paid in Full 0 6.925% 360 9 Group 3 0200085421 Loan Paid in Full 0 7.975% 360 9 Group 3 0200087211 Loan Paid in Full 2 7.450% 360 9 Group 3 0200087930 Loan Paid in Full 0 6.950% 360 9 Group 3 0200089316 Loan Paid in Full (1) 6.700% 360 9 Group 3 0200089464 Loan Paid in Full 0 8.300% 360 9 Group 3 0200089860 Loan Paid in Full 0 8.560% 360 9 Group 3 0200091676 Loan Paid in Full 0 6.750% 360 9 Group 3 0200092948 Loan Paid in Full 0 6.575% 360 9 Group 3 0200095347 Loan Paid in Full 0 7.300% 360 8 Group 3 0200095479 Loan Paid in Full 0 7.400% 360 8 Group 3 0200096576 Loan Paid in Full 0 6.990% 360 9 Group 3 0200099927 Loan Paid in Full 0 8.555% 360 8 Group 3 0200100030 Loan Paid in Full 0 7.560% 360 8 Group 3 0200101533 Loan Paid in Full 0 7.660% 360 8 Group 3 0200102028 Loan Paid in Full 0 7.560% 360 8 Group 3 0200103828 Loan Paid in Full 0 9.300% 360 8 Group 3 0200106300 Loan Paid in Full 0 8.096% 360 8 Group 3 0400068169 Loan Paid in Full 3 8.999% 360 10 Group 3 0400069548 Loan Paid in Full 0 11.495% 360 10 Group 3 0400070744 Loan Paid in Full 0 6.157% 360 9 Group 3 0400071890 Loan Paid in Full 0 8.997% 360 9 Group 3 0400076956 Loan Paid in Full 0 8.855% 360 9 Group 3 0400077509 Loan Paid in Full 0 11.429% 360 9 Group 3 0400077566 Loan Paid in Full 0 10.446% 360 9 Group 3 0400078192 Loan Paid in Full 0 8.376% 360 9 Group 3 0400078572 Loan Paid in Full 0 10.558% 360 9 Group 3 0400078887 Loan Paid in Full 0 6.081% 360 9 Group 3 0400080354 Loan Paid in Full 0 8.075% 360 9 Group 3 0400081576 Loan Paid in Full 0 5.945% 360 8 Group 3 0400082335 Loan Paid in Full 0 10.492% 360 8 Group 3 0400082939 Loan Paid in Full 0 8.268% 360 8 Group 3 0400084083 Loan Paid in Full 0 10.765% 360 8 Group 3 0400084240 Loan Paid in Full (1) 8.975% 360 8 Group 3 0400085213 Loan Paid in Full 0 7.917% 360 8 Group 3 0400088514 Loan Paid in Full 0 11.162% 360 8 Group 3 0500017777 Loan Paid in Full (1) 6.010% 360 11 Group 3 0500020201 Loan Paid in Full 0 6.150% 360 11 Group 3 0500021696 Loan Paid in Full 0 7.890% 360 9 Group 3 0500021761 Loan Paid in Full 0 6.990% 360 11 Group 3 0500022207 Loan Paid in Full 0 7.850% 360 12 Group 3 0500023155 Loan Paid in Full 3 7.840% 360 14 Group 3 0500024500 Loan Paid in Full 0 7.500% 360 10 Group 3 0500028410 Loan Paid in Full 0 6.150% 360 9 Group 3 0500028998 Loan Paid in Full 0 7.490% 360 9 Group 3 0500030580 Loan Paid in Full 4 6.250% 360 9 Group 3 0500031059 Loan Paid in Full 0 6.740% 360 9 Group 4 0200082659 Loan Paid in Full 0 10.740% 240 9 Group 4 0200097871 Liquidation 6 12.240% 240 8 Group 4 0200100527 Loan Paid in Full 0 7.660% 360 8 Group 4 0200102051 Loan Paid in Full 0 10.990% 240 8 Group 4 0200102093 Loan Paid in Full 0 10.490% 240 8 Group 4 0200103935 Liquidation 5 10.990% 240 8 Group 4 0200106318 Loan Paid in Full 0 12.240% 240 8 Group 4 0400070231 Loan Paid in Full 0 11.240% 240 10 Group 4 0400074829 Loan Paid in Full 0 6.631% 360 9 Group 4 0400078978 Loan Paid in Full 0 12.470% 240 9 Group 4 0400087961 Loan Paid in Full 1 8.530% 360 8 Group 4 0500024450 Loan Paid in Full 0 6.900% 360 10 Group 4 0500027867 Loan Paid in Full 0 10.990% 240 9
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 3.959% Current Month 38.414% Current Month 2,138.059% 3 Month Average 3.888% 3 Month Average 37.852% 3 Month Average 2,397.787% 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 4.801% N/A Mar-2005 2,389.311% N/A Apr-2005 13.346% N/A Apr-2005 3,337.333% N/A May-2005 14.882% N/A May-2005 2,484.890% N/A Jun-2005 19.909% N/A Jun-2005 2,493.575% N/A Jul-2005 26.024% N/A Jul-2005 2,606.673% N/A Aug-2005 28.947% N/A Aug-2005 2,415.030% N/A Sep-2005 39.225% N/A Sep-2005 2,805.955% N/A Oct-2005 35.917% N/A Oct-2005 2,249.347% N/A Nov-2005 38.414% N/A Nov-2005 2,138.059% 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. Group 1 SMM CPR PSA Current Month 4.596% Current Month 43.143% Current Month 2,408.287% 3 Month Average 4.408% 3 Month Average 41.774% 3 Month Average 2,646.417% 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 6.506% N/A Mar-2005 3,308.229% N/A Apr-2005 14.471% N/A Apr-2005 3,653.521% N/A May-2005 19.652% N/A May-2005 3,308.349% N/A Jun-2005 20.436% N/A Jun-2005 2,573.020% N/A Jul-2005 25.692% N/A Jul-2005 2,584.579% N/A Aug-2005 31.569% N/A Aug-2005 2,643.530% N/A Sep-2005 41.074% N/A Sep-2005 2,948.579% N/A Oct-2005 41.106% N/A Oct-2005 2,582.386% N/A Nov-2005 43.143% N/A Nov-2005 2,408.287% 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. Group 2 SMM CPR PSA Current Month 2.274% Current Month 24.123% Current Month 1,313.259% 3 Month Average 2.776% 3 Month Average 28.517% 3 Month Average 1,788.584% 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 3.855% N/A Mar-2005 1,650.518% N/A Apr-2005 5.755% N/A Apr-2005 1,329.041% N/A May-2005 5.796% N/A May-2005 916.363% N/A Jun-2005 7.929% N/A Jun-2005 952.451% N/A Jul-2005 20.363% N/A Jul-2005 1,970.238% N/A Aug-2005 13.632% N/A Aug-2005 1,104.424% N/A Sep-2005 35.157% N/A Sep-2005 2,445.971% N/A Oct-2005 26.271% N/A Oct-2005 1,606.523% N/A Nov-2005 24.123% N/A Nov-2005 1,313.259% 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. Group 3 SMM CPR PSA Current Month 3.803% Current Month 37.203% Current Month 2,081.410% 3 Month Average 3.706% 3 Month Average 36.319% 3 Month Average 2,322.124% 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 2.605% N/A Mar-2005 1,339.145% N/A Apr-2005 14.266% N/A Apr-2005 3,636.001% N/A May-2005 8.797% N/A May-2005 1,483.791% N/A Jun-2005 23.446% N/A Jun-2005 2,962.883% N/A Jul-2005 30.204% N/A Jul-2005 3,048.052% N/A Aug-2005 30.123% N/A Aug-2005 2,529.444% N/A Sep-2005 40.873% N/A Sep-2005 2,940.739% N/A Oct-2005 30.881% N/A Oct-2005 1,944.221% N/A Nov-2005 37.203% N/A Nov-2005 2,081.410% 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. Group 4 SMM CPR PSA Current Month 1.645% Current Month 18.053% Current Month 991.777% 3 Month Average 1.727% 3 Month Average 18.788% 3 Month Average 1,162.761% 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 0.262% N/A Mar-2005 117.868% N/A Apr-2005 9.451% N/A Apr-2005 2,242.180% N/A May-2005 11.811% N/A May-2005 1,899.634% N/A Jun-2005 14.772% N/A Jun-2005 1,805.832% N/A Jul-2005 15.203% N/A Jul-2005 1,492.750% N/A Aug-2005 20.315% N/A Aug-2005 1,667.062% N/A Sep-2005 14.851% N/A Sep-2005 1,047.895% N/A Oct-2005 23.460% N/A Oct-2005 1,448.611% N/A Nov-2005 18.053% N/A Nov-2005 991.777% 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 Group 1 2 63,761.10 857.70 0.000% Group 2 1 59,881.96 62,929.77 0.084% Group 3 0 0.00 0.00 0.000% Group 4 3 42,768.17 45,859.88 0.111% Total 6 166,411.23 109,647.35 0.015%
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 Group 1 0400086518 63,900.00 11.0630% CT 90.00 360 Group 1 0500019856 57,600.00 6.8500% FL 80.00 360 Group 2 0200094332 60,000.00 12.2400% RI 20.00 240 Group 4 0200076156 24,900.00 11.2400% GA 19.98 240 Group 4 0200097871 22,800.00 12.2400% MI 20.00 240 Group 4 0200103935 20,000.00 10.9900% TX 20.00 240
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) Group 1 0400086518 63,761.10 2,435.94 2,435.94 Group 1 0500019856 0.00 (1,578.24) (1,578.24) Group 2 0200094332 59,881.96 62,929.77 62,929.77 Group 4 0200076156 0.00 662.37 26,527.00 Group 4 0200097871 22,800.00 24,660.36 24,660.36 Group 4 0200103935 19,968.17 20,537.15 20,537.15
Realized Loss Report - Collateral Summary
MDR SDA Current Month 0.022% Current Month 1.480% 3 Month Average 0.021% 3 Month Average 1.612% 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 0.023% N/A Jul-2005 2.784% N/A Aug-2005 0.008% N/A Aug-2005 0.846% N/A Sep-2005 0.030% N/A Sep-2005 2.559% N/A Oct-2005 0.011% N/A Oct-2005 0.796% N/A Nov-2005 0.022% N/A Nov-2005 1.480% 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. CDR Loss Severity Approximation Current Month 0.266% Current Month 66.675% 3 Month Average 0.250% 3 Month Average 70.962% 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 0.278% N/A Jul-2005 104.327% N/A Aug-2005 0.101% N/A Aug-2005 77.113% N/A Sep-2005 0.358% N/A Sep-2005 104.538% N/A Oct-2005 0.127% N/A Oct-2005 41.672% N/A Nov-2005 0.266% N/A Nov-2005 66.675% 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. Group 1 MDR SDA Current Month 0.016% Current Month 1.041% 3 Month Average 0.021% 3 Month Average 1.723% 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 0.048% N/A Sep-2005 4.128% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.016% N/A Nov-2005 1.041% 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. CDR Loss Severity Approximation Current Month 0.187% Current Month 3.828% 3 Month Average 0.254% 3 Month Average 1.276% 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 0.575% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.187% N/A Nov-2005 3.828% 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. Group 2 MDR SDA Current Month 0.078% Current Month 5.062% 3 Month Average 0.047% 3 Month Average 3.328% 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 0.206% N/A Jul-2005 23.621% N/A Aug-2005 0.031% N/A Aug-2005 3.036% N/A Sep-2005 0.033% N/A Sep-2005 2.739% N/A Oct-2005 0.030% N/A Oct-2005 2.184% N/A Nov-2005 0.078% N/A Nov-2005 5.062% 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. CDR Loss Severity Approximation Current Month 0.930% Current Month 105.629% 3 Month Average 0.560% 3 Month Average 105.283% 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 2.441% N/A Jul-2005 104.145% N/A Aug-2005 0.375% N/A Aug-2005 104.648% N/A Sep-2005 0.394% N/A Sep-2005 104.538% N/A Oct-2005 0.357% N/A Oct-2005 105.682% N/A Nov-2005 0.930% N/A Nov-2005 105.629% 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. Group 3 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 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. 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 monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 4 MDR SDA Current Month 0.101% Current Month 6.613% 3 Month Average 0.079% 3 Month Average 5.542% 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 0.054% N/A Jul-2005 6.392% N/A Aug-2005 0.100% N/A Aug-2005 9.759% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.136% N/A Oct-2005 10.012% N/A Nov-2005 0.101% N/A Nov-2005 6.613% 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. CDR Loss Severity Approximation Current Month 1.204% Current Month 106.081% 3 Month Average 0.942% 3 Month Average 40.755% 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 0.651% N/A Jul-2005 105.607% N/A Aug-2005 1.189% N/A Aug-2005 61.145% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 1.621% N/A Oct-2005 16.185% N/A Nov-2005 1.204% N/A Nov-2005 106.081% 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: 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)