-----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, KI2ncy6nd3ZljpTdklvIcTIyLsSBrqlo34gkhYr46U6465KJdMyd8gmN/kX/1iqp LkwJrFO2Bh5FVJJ2rHrREA== 0001056404-05-002938.txt : 20050829 0001056404-05-002938.hdr.sgml : 20050829 20050829114803 ACCESSION NUMBER: 0001056404-05-002938 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050825 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050829 DATE AS OF CHANGE: 20050829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Wells Fargo Asset Securities Corp Mortgage Pass-Through Certificates Series 2005-AR5 CENTRAL INDEX KEY: 0001320713 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-122307-04 FILM NUMBER: 051053961 BUSINESS ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERICK STATE: MD ZIP: 21703 BUSINESS PHONE: 3018468881 MAIL ADDRESS: STREET 1: 7485 NEW HORIZON WAY CITY: FREDERIDK STATE: MD ZIP: 21703 8-K 1 wfm05ar5_10508.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2005 WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-122307-04 Pooling and Servicing Agreement) (Commission 56-2169520 (State or other File Number) 56-2169521 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2005 a distribution was made to holders of WELLS FARGO ASSET SECURITIES CORPORATION, Mortgage Pass-Through Certificates, Series 2005-AR5 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR5 Trust, relating to the August 25, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WELLS FARGO ASSET SECURITIES CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR5 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR5 Trust, relating to the August 25, 2005 distribution. EX-99.1
Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 Wells Fargo Asset Securities Corporation Mortgage Pass-Through Certificates Series 2005-AR5 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution I-A-1 94982UAA6 SEN 5.10782% 140,819,401.49 598,996.07 II-A-R 94982UAC2 SEN 5.03146% 0.00 0.00 II-A-LR 94982UAD0 SEN 5.03146% 0.00 0.00 II-A-1 94982UAB4 SEN 5.03709% 303,712,477.28 1,273,996.52 A-2 94982UAE8 SEN 5.05950% 14,439,416.28 60,839.12 B-1 94982UAF5 SUB 5.05887% 7,750,249.00 32,650.92 B-2 94982UAG3 SUB 5.05887% 3,000,386.46 12,640.29 B-3 94982UAH1 SUB 5.05887% 1,749,476.09 7,370.34 B-4 94982UAJ7 SUB 5.05887% 1,000,128.82 4,213.43 B-5 94982UAK4 SUB 5.05887% 750,346.40 3,161.12 B-6 94982UAL2 SUB 5.05887% 1,000,515.52 4,215.06 Totals 474,222,397.34 1,998,082.87
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A-1 3,610,952.65 0.00 137,208,448.84 4,209,948.72 0.00 II-A-R 0.00 0.00 0.00 0.00 0.00 II-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 7,605,391.26 0.00 296,107,086.01 8,879,387.78 0.00 A-2 364,332.83 0.00 14,075,083.45 425,171.95 0.00 B-1 1,713.75 0.00 7,748,535.25 34,364.67 0.00 B-2 663.45 0.00 2,999,723.01 13,303.74 0.00 B-3 386.85 0.00 1,749,089.24 7,757.19 0.00 B-4 221.15 0.00 999,907.67 4,434.58 0.00 B-5 165.92 0.00 750,180.48 3,327.04 0.00 B-6 221.24 0.00 1,000,294.29 4,436.30 0.00 Totals 11,584,049.10 0.00 462,638,348.24 13,582,131.97 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) I-A-1 144,652,000.00 140,819,401.49 7,733.17 3,603,219.48 0.00 0.00 II-A-R 50.00 0.00 0.00 0.00 0.00 0.00 II-A-LR 50.00 0.00 0.00 0.00 0.00 0.00 II-A-1 325,266,000.00 303,712,477.28 89,624.16 7,515,767.11 0.00 0.00 A-2 15,264,000.00 14,439,416.28 3,162.30 361,170.52 0.00 0.00 B-1 7,757,000.00 7,750,249.00 1,713.75 0.00 0.00 0.00 B-2 3,003,000.00 3,000,386.46 663.45 0.00 0.00 0.00 B-3 1,751,000.00 1,749,476.09 386.85 0.00 0.00 0.00 B-4 1,001,000.00 1,000,128.82 221.15 0.00 0.00 0.00 B-5 751,000.00 750,346.40 165.92 0.00 0.00 0.00 B-6 1,001,387.04 1,000,515.52 221.24 0.00 0.00 0.00 Totals 500,446,487.04 474,222,397.34 103,891.99 11,480,157.11 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution I-A-1 3,610,952.65 137,208,448.84 0.94854166 3,610,952.65 II-A-R 0.00 0.00 0.00000000 0.00 II-A-LR 0.00 0.00 0.00000000 0.00 II-A-1 7,605,391.26 296,107,086.01 0.91035364 7,605,391.26 A-2 364,332.83 14,075,083.45 0.92210976 364,332.83 B-1 1,713.75 7,748,535.25 0.99890876 1,713.75 B-2 663.45 2,999,723.01 0.99890876 663.45 B-3 386.85 1,749,089.24 0.99890876 386.85 B-4 221.15 999,907.67 0.99890876 221.15 B-5 165.92 750,180.48 0.99890876 165.92 B-6 221.24 1,000,294.29 0.99890876 221.24 Totals 11,584,049.10 462,638,348.24 0.92445119 11,584,049.10
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 144,652,000.00 973.50469741 0.05346051 24.90957249 0.00000000 II-A-R 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 50.00 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 325,266,000.00 933.73570333 0.27554113 23.10652546 0.00000000 A-2 15,264,000.00 945.97852987 0.20717374 23.66159067 0.00000000 B-1 7,757,000.00 999.12968931 0.22092948 0.00000000 0.00000000 B-2 3,003,000.00 999.12969031 0.22092907 0.00000000 0.00000000 B-3 1,751,000.00 999.12969160 0.22093090 0.00000000 0.00000000 B-4 1,001,000.00 999.12969031 0.22092907 0.00000000 0.00000000 B-5 751,000.00 999.12969374 0.22093209 0.00000000 0.00000000 B-6 1,001,387.04 999.12968716 0.22093356 0.00000000 0.00000000 (2) Per $1000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution I-A-1 0.00000000 24.96303300 948.54166441 0.94854166 24.96303300 II-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00000000 23.38206655 910.35363675 0.91035364 23.38206655 A-2 0.00000000 23.86876507 922.10976481 0.92210976 23.86876507 B-1 0.00000000 0.22092948 998.90875983 0.99890876 0.22092948 B-2 0.00000000 0.22092907 998.90876124 0.99890876 0.22092907 B-3 0.00000000 0.22093090 998.90876071 0.99890876 0.22093090 B-4 0.00000000 0.22092907 998.90876124 0.99890876 0.22092907 B-5 0.00000000 0.22093209 998.90876165 0.99890876 0.22093209 B-6 0.00000000 0.22093356 998.90876359 0.99890876 0.22093356 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall I-A-1 144,652,000.00 5.10782% 140,819,401.49 599,400.01 0.00 0.00 II-A-R 50.00 5.03146% 0.00 0.00 0.00 0.00 II-A-LR 50.00 5.03146% 0.00 0.00 0.00 0.00 II-A-1 325,266,000.00 5.03709% 303,712,477.28 1,274,855.65 0.00 0.00 A-2 15,264,000.00 5.05950% 14,439,416.28 60,880.15 0.00 0.00 B-1 7,757,000.00 5.05887% 7,750,249.00 32,672.94 0.00 0.00 B-2 3,003,000.00 5.05887% 3,000,386.46 12,648.81 0.00 0.00 B-3 1,751,000.00 5.05887% 1,749,476.09 7,375.31 0.00 0.00 B-4 1,001,000.00 5.05887% 1,000,128.82 4,216.27 0.00 0.00 B-5 751,000.00 5.05887% 750,346.40 3,163.26 0.00 0.00 B-6 1,001,387.04 5.05887% 1,000,515.52 4,217.90 0.00 0.00 Totals 500,446,487.04 1,999,430.30 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance I-A-1 403.94 0.00 598,996.07 0.00 137,208,448.84 II-A-R 0.00 0.00 0.00 0.00 0.00 II-A-LR 0.00 0.00 0.00 0.00 0.00 II-A-1 859.13 0.00 1,273,996.52 0.00 296,107,086.01 A-2 41.03 0.00 60,839.12 0.00 14,075,083.45 B-1 22.02 0.00 32,650.92 0.00 7,748,535.25 B-2 8.52 0.00 12,640.29 0.00 2,999,723.01 B-3 4.97 0.00 7,370.34 0.00 1,749,089.24 B-4 2.84 0.00 4,213.43 0.00 999,907.67 B-5 2.13 0.00 3,161.12 0.00 750,180.48 B-6 2.84 0.00 4,215.06 0.00 1,000,294.29 Totals 1,347.42 0.00 1,998,082.87 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall I-A-1 144,652,000.00 5.10782% 973.50469741 4.14373814 0.00000000 0.00000000 II-A-R 50.00 5.03146% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 50.00 5.03146% 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 325,266,000.00 5.03709% 933.73570333 3.91942487 0.00000000 0.00000000 A-2 15,264,000.00 5.05950% 945.97852987 3.98847943 0.00000000 0.00000000 B-1 7,757,000.00 5.05887% 999.12968931 4.21205879 0.00000000 0.00000000 B-2 3,003,000.00 5.05887% 999.12969031 4.21205794 0.00000000 0.00000000 B-3 1,751,000.00 5.05887% 999.12969160 4.21205597 0.00000000 0.00000000 B-4 1,001,000.00 5.05887% 999.12969031 4.21205794 0.00000000 0.00000000 B-5 751,000.00 5.05887% 999.12969374 4.21206391 0.00000000 0.00000000 B-6 1,001,387.04 5.05887% 999.12968716 4.21205771 0.00000000 0.00000000 (5) All classes are per $1000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance I-A-1 0.00279250 0.00000000 4.14094565 0.00000000 948.54166441 II-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-LR 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 II-A-1 0.00264132 0.00000000 3.91678356 0.00000000 910.35363675 A-2 0.00268802 0.00000000 3.98579140 0.00000000 922.10976481 B-1 0.00283873 0.00000000 4.20922006 0.00000000 998.90875983 B-2 0.00283716 0.00000000 4.20922078 0.00000000 998.90876124 B-3 0.00283838 0.00000000 4.20921759 0.00000000 998.90876071 B-4 0.00283716 0.00000000 4.20922078 0.00000000 998.90876124 B-5 0.00283622 0.00000000 4.20921438 0.00000000 998.90876165 B-6 0.00283607 0.00000000 4.20922164 0.00000000 998.90876359 (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 I-A-2 5.10782% 0.00 0.00 4,574,498.57 4,457,197.28 94.85416642% II-A-2 5.03709% 0.00 0.00 9,864,917.71 9,617,886.17 91.03536365%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 13,822,608.09 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 13,822,608.09 Withdrawals Reimbursement for Servicer Advances 84,139.99 Payment of Service Fee 94,233.38 Payment of Interest and Principal 13,582,131.98 Total Withdrawals (Pool Distribution Amount) 13,760,505.35 Ending Balance 62,102.74
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 9,792.19 Servicing Fee Support 8,444.77 Non-Supported Prepayment/Curtailment Interest Shortfall 1,347.42
SERVICING FEES Gross Servicing Fee 98,728.99 Master Servicing Fee 3,949.16 Supported Prepayment/Curtailment Interest Shortfall 8,444.77 Net Servicing Fee 94,233.38
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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 129,570.00 0.00 0.00 0.00 129,570.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 129,570.00 0.00 0.00 0.00 129,570.00 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 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.083682% 0.000000% 0.000000% 0.000000% 0.083682% 0.027694% 0.000000% 0.000000% 0.000000% 0.027694% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.083682% 0.000000% 0.000000% 0.000000% 0.083682% 0.027694% 0.000000% 0.000000% 0.000000% 0.027694%
Delinquency Status By Groups
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 1 0 0 0 1 129,570.00 0.00 0.00 0.00 129,570.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 1 0 0 0 1 129,570.00 0.00 0.00 0.00 129,570.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.165837% 0.000000% 0.000000% 0.000000% 0.165837% 0.088358% 0.000000% 0.000000% 0.000000% 0.088358% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.165837% 0.000000% 0.000000% 0.000000% 0.165837% 0.088358% 0.000000% 0.000000% 0.000000% 0.088358% 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 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 49,371.29
COLLATERAL STATEMENT Collateral Description 5/1 CMT ARM Weighted Average Gross Coupon 5.319514% Weighted Average Net Coupon 5.059514% Weighted Average Pass-Through Rate 5.059514% Weighted Average Maturity(Stepdown Calculation) 352 Beginning Scheduled Collateral Loan Count 1,220 Number Of Loans Paid In Full 25 Ending Scheduled Collateral Loan Count 1,195 Beginning Scheduled Collateral Balance 474,222,397.33 Ending Scheduled Collateral Balance 462,638,348.23 Ending Actual Collateral Balance at 29-Jul-2005 467,865,037.23 Monthly P&I Constant 2,206,171.85 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Ending Scheduled Balance for Premium Loans 462,638,348.23 Scheduled Principal 103,891.99 Unscheduled Principal 11,480,157.11 Unpaid Principal Balance Of Outstanding Mortgage Loans With Original LTV: Less Than Or Equal To 80% 451,753,928.00 Greater Than 80%, less than or equal to 85% 2,973,224.08 Greater than 85%, less than or equal to 95% 7,271,011.78 Greater than 95% 635,000.00
Group Level Collateral Statement Group 1 2 Total Collateral Description 7/1 CMT ARM 7/1 CMT ARM 5/1 CMT ARM Weighted Average Coupon Rate 5.367882 5.297095 5.319514 Weighted Average Net Rate 5.107882 5.037095 5.059514 Weighted Average Maturity 353 353 352 Beginning Loan Count 617 603 1,220 Loans Paid In Full 14 11 25 Ending Loan Count 603 592 1,195 Beginning Scheduled Balance 150,091,087.51 324,131,309.82 474,222,397.33 Ending Scheduled Balance 146,362,575.62 316,275,772.61 462,638,348.23 Record Date 07/29/2005 07/29/2005 07/29/2005 Principal And Interest Constant 679,644.29 1,526,527.56 2,206,171.85 Scheduled Principal 8,242.33 95,649.66 103,891.99 Unscheduled Principal 3,720,269.56 7,759,887.55 11,480,157.11 Scheduled Interest 671,391.65 1,429,369.36 2,100,761.01 Servicing Fees 31,268.93 67,460.05 98,728.99 Master Servicing Fees 1,250.76 2,698.40 3,949.16 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 638,871.96 1,359,210.90 1,998,082.86 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
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