-----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, BhkVfZ+iJ/z3OHbpw9n5Tpsgvak1iqBGlQGl4DxpJ3erMkcifrM//Xr5JlkMh1jV Lbmhrne2AW6U9gF+fhaUAg== 0001056404-05-003044.txt : 20050831 0001056404-05-003044.hdr.sgml : 20050831 20050831172928 ACCESSION NUMBER: 0001056404-05-003044 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: 20050831 DATE AS OF CHANGE: 20050831 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SABR TRUST 2005-OP1 CENTRAL INDEX KEY: 0001320715 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-108395-12 FILM NUMBER: 051062738 BUSINESS ADDRESS: STREET 1: 200 PARK AVE. CITY: NEW YORK STATE: NY ZIP: 10166 8-K 1 sab05op1_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 SECURITIZED ASSET BACKED RECEIVABLES LLC TRUST Mortgage Pass-Through Certificates, Series 2005-OP1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-108395-12 54-2169497 Pooling and Servicing Agreement) (Commission 54-2169498 (State or other File Number) 54-6658778 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 SECURITIZED ASSET BACKED RECEIVABLES LLC TRUST, Mortgage Pass-Through Certificates, Series 2005-OP1 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-OP1 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. SECURITIZED ASSET BACKED RECEIVABLES LLC TRUST Mortgage Pass-Through Certificates, Series 2005-OP1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/29/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-OP1 Trust, relating to the August 25, 2005 distribution. EX-99.1
Securitized Asset Backed Receivables Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 Securitized Asset Backed Receivables Mortgage Pass-Through Certificates Series SABR 2005-OP1 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 A-1A 81375WCM6 SEN 3.89000% 518,733,292.10 1,737,612.44 A-1B 81375WCN4 SEN 3.86500% 129,683,525.66 431,611.99 A-2A 81375WCP9 SEN 3.55000% 83,036,394.99 253,837.65 A-2B 81375WCQ7 SEN 3.64000% 64,404,000.00 201,870.76 A-2C 81375WCR5 SEN 3.80000% 50,357,000.00 164,779.29 M-1 81375WCS3 MEZ 3.87000% 42,214,000.00 140,678.16 M-2 81375WCT1 MEZ 3.91000% 67,938,000.00 228,743.47 M-3 81375WCU8 MEZ 4.14000% 66,619,000.00 237,496.73 M-4 81375WCV6 MEZ 4.19000% 18,469,000.00 66,637.18 B-1 81375WCW4 JUN 4.68000% 13,852,000.00 55,823.56 B-2 81375WCX2 JUN 4.76000% 11,213,000.00 45,960.84 B-3 81375WCY0 JUN 5.39000% 9,894,000.00 45,921.90 B-4 81375WCZ7 JUN 6.96000% 13,192,000.00 79,064.05 X SAB05OP1X SEN 0.00000% 33,639,442.65 3,108,277.14 P SAB05OP1P SEN 0.00000% 0.01 975,127.57 R SAB05P1R1 RES 0.00000% 0.00 0.00 Totals 1,123,244,655.41 7,773,442.73
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1A 30,741,620.64 0.00 487,991,671.46 32,479,233.08 0.00 A-1B 7,685,417.17 0.00 121,998,108.49 8,117,029.16 0.00 A-2A 14,712,707.41 0.00 68,323,687.58 14,966,545.06 0.00 A-2B 0.00 0.00 64,404,000.00 201,870.76 0.00 A-2C 0.00 0.00 50,357,000.00 164,779.29 0.00 M-1 0.00 0.00 42,214,000.00 140,678.16 0.00 M-2 0.00 0.00 67,938,000.00 228,743.47 0.00 M-3 0.00 0.00 66,619,000.00 237,496.73 0.00 M-4 0.00 0.00 18,469,000.00 66,637.18 0.00 B-1 0.00 0.00 13,852,000.00 55,823.56 0.00 B-2 0.00 0.00 11,213,000.00 45,960.84 0.00 B-3 0.00 0.00 9,894,000.00 45,921.90 0.00 B-4 0.00 0.00 13,192,000.00 79,064.05 0.00 X 0.00 0.00 33,639,442.65 3,108,277.14 0.00 P 0.00 0.00 0.01 975,127.57 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 53,139,745.22 0.00 1,070,104,910.19 60,913,187.95 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1A 639,979,000.00 518,733,292.10 0.00 30,741,620.64 0.00 0.00 A-1B 159,995,000.00 129,683,525.66 0.00 7,685,417.17 0.00 0.00 A-2A 127,428,000.00 83,036,394.99 0.00 14,712,707.41 0.00 0.00 A-2B 64,404,000.00 64,404,000.00 0.00 0.00 0.00 0.00 A-2C 50,357,000.00 50,357,000.00 0.00 0.00 0.00 0.00 M-1 42,214,000.00 42,214,000.00 0.00 0.00 0.00 0.00 M-2 67,938,000.00 67,938,000.00 0.00 0.00 0.00 0.00 M-3 66,619,000.00 66,619,000.00 0.00 0.00 0.00 0.00 M-4 18,469,000.00 18,469,000.00 0.00 0.00 0.00 0.00 B-1 13,852,000.00 13,852,000.00 0.00 0.00 0.00 0.00 B-2 11,213,000.00 11,213,000.00 0.00 0.00 0.00 0.00 B-3 9,894,000.00 9,894,000.00 0.00 0.00 0.00 0.00 B-4 13,192,000.00 13,192,000.00 0.00 0.00 0.00 0.00 X 33,639,830.00 33,639,442.65 0.00 0.00 0.00 0.00 P 0.01 0.01 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,319,193,830.01 1,123,244,655.41 0.00 53,139,745.22 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 A-1A 30,741,620.64 487,991,671.46 0.76251201 30,741,620.64 A-1B 7,685,417.17 121,998,108.49 0.76251201 7,685,417.17 A-2A 14,712,707.41 68,323,687.58 0.53617484 14,712,707.41 A-2B 0.00 64,404,000.00 1.00000000 0.00 A-2C 0.00 50,357,000.00 1.00000000 0.00 M-1 0.00 42,214,000.00 1.00000000 0.00 M-2 0.00 67,938,000.00 1.00000000 0.00 M-3 0.00 66,619,000.00 1.00000000 0.00 M-4 0.00 18,469,000.00 1.00000000 0.00 B-1 0.00 13,852,000.00 1.00000000 0.00 B-2 0.00 11,213,000.00 1.00000000 0.00 B-3 0.00 9,894,000.00 1.00000000 0.00 B-4 0.00 13,192,000.00 1.00000000 0.00 X 0.00 33,639,442.65 0.99998849 0.00 P 0.00 0.01 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 53,139,745.22 1,070,104,910.19 0.81118095 53,139,745.22
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1A 639,979,000.00 810.54736499 0.00000000 48.03535841 0.00000000 A-1B 159,995,000.00 810.54736498 0.00000000 48.03535842 0.00000000 A-2A 127,428,000.00 651.63382451 0.00000000 115.45898398 0.00000000 A-2B 64,404,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 50,357,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 42,214,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 67,938,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 66,619,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 18,469,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 13,852,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 11,213,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-3 9,894,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-4 13,192,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 33,639,830.00 999.98848538 0.00000000 0.00000000 0.00000000 P 0.01 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1A 0.00000000 48.03535841 762.51200658 0.76251201 48.03535841 A-1B 0.00000000 48.03535842 762.51200656 0.76251201 48.03535842 A-2A 0.00000000 115.45898398 536.17484054 0.53617484 115.45898398 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 999.98848538 0.99998849 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 0.00000000 R 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 A-1A 639,979,000.00 3.89000% 518,733,292.10 1,737,612.44 0.00 0.00 A-1B 159,995,000.00 3.86500% 129,683,525.66 431,611.99 0.00 0.00 A-2A 127,428,000.00 3.55000% 83,036,394.99 253,837.65 0.00 0.00 A-2B 64,404,000.00 3.64000% 64,404,000.00 201,870.76 0.00 0.00 A-2C 50,357,000.00 3.80000% 50,357,000.00 164,779.29 0.00 0.00 M-1 42,214,000.00 3.87000% 42,214,000.00 140,678.16 0.00 0.00 M-2 67,938,000.00 3.91000% 67,938,000.00 228,743.47 0.00 0.00 M-3 66,619,000.00 4.14000% 66,619,000.00 237,496.73 0.00 0.00 M-4 18,469,000.00 4.19000% 18,469,000.00 66,637.18 0.00 0.00 B-1 13,852,000.00 4.68000% 13,852,000.00 55,823.56 0.00 0.00 B-2 11,213,000.00 4.76000% 11,213,000.00 45,960.84 0.00 0.00 B-3 9,894,000.00 5.39000% 9,894,000.00 45,921.90 0.00 0.00 B-4 13,192,000.00 6.96000% 13,192,000.00 79,064.05 0.00 0.00 X 33,639,830.00 0.00000% 33,639,442.65 0.00 0.00 0.00 P 0.01 0.00000% 0.01 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,319,193,830.01 3,690,038.02 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 A-1A 0.00 0.00 1,737,612.44 0.00 487,991,671.46 A-1B 0.00 0.00 431,611.99 0.00 121,998,108.49 A-2A 0.00 0.00 253,837.65 0.00 68,323,687.58 A-2B 0.00 0.00 201,870.76 0.00 64,404,000.00 A-2C 0.00 0.00 164,779.29 0.00 50,357,000.00 M-1 0.00 0.00 140,678.16 0.00 42,214,000.00 M-2 0.00 0.00 228,743.47 0.00 67,938,000.00 M-3 0.00 0.00 237,496.73 0.00 66,619,000.00 M-4 0.00 0.00 66,637.18 0.00 18,469,000.00 B-1 0.00 0.00 55,823.56 0.00 13,852,000.00 B-2 0.00 0.00 45,960.84 0.00 11,213,000.00 B-3 0.00 0.00 45,921.90 0.00 9,894,000.00 B-4 0.00 0.00 79,064.05 0.00 13,192,000.00 X 0.00 0.00 3,108,277.14 0.00 33,639,442.65 P 0.00 0.00 975,127.57 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 7,773,442.73 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 A-1A 639,979,000.00 3.89000% 810.54736499 2.71510853 0.00000000 0.00000000 A-1B 159,995,000.00 3.86500% 810.54736498 2.69765924 0.00000000 0.00000000 A-2A 127,428,000.00 3.55000% 651.63382451 1.99200843 0.00000000 0.00000000 A-2B 64,404,000.00 3.64000% 1000.00000000 3.13444444 0.00000000 0.00000000 A-2C 50,357,000.00 3.80000% 1000.00000000 3.27222213 0.00000000 0.00000000 M-1 42,214,000.00 3.87000% 1000.00000000 3.33250012 0.00000000 0.00000000 M-2 67,938,000.00 3.91000% 1000.00000000 3.36694442 0.00000000 0.00000000 M-3 66,619,000.00 4.14000% 1000.00000000 3.56499992 0.00000000 0.00000000 M-4 18,469,000.00 4.19000% 1000.00000000 3.60805566 0.00000000 0.00000000 B-1 13,852,000.00 4.68000% 1000.00000000 4.03000000 0.00000000 0.00000000 B-2 11,213,000.00 4.76000% 1000.00000000 4.09888879 0.00000000 0.00000000 B-3 9,894,000.00 5.39000% 1000.00000000 4.64138872 0.00000000 0.00000000 B-4 13,192,000.00 6.96000% 1000.00000000 5.99333308 0.00000000 0.00000000 X 33,639,830.00 0.00000% 999.98848538 0.00000000 0.00000000 0.00000000 P 0.01 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 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 A-1A 0.00000000 0.00000000 2.71510853 0.00000000 762.51200658 A-1B 0.00000000 0.00000000 2.69765924 0.00000000 762.51200656 A-2A 0.00000000 0.00000000 1.99200843 0.00000000 536.17484054 A-2B 0.00000000 0.00000000 3.13444444 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 3.27222213 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.33250012 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.36694442 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.56499992 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.60805566 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 4.03000000 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 4.09888879 0.00000000 1000.00000000 B-3 0.00000000 0.00000000 4.64138872 0.00000000 1000.00000000 B-4 0.00000000 0.00000000 5.99333308 0.00000000 1000.00000000 X 0.00000000 0.00000000 92.39871723 0.00000000 999.98848538 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 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 60,220,743.61 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 975,127.57 Total Deposits 61,195,871.18 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 282,683.23 Payment of Interest and Principal 60,913,187.95 Total Withdrawals (Pool Distribution Amount) 61,195,871.18 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 280,811.16 Wells Fargo Bank, N.A. 1,872.07 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 282,683.23
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 116,280.46 116,280.46 0.00 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 16 1 0 17 2,503,923.20 92,332.53 0.00 2,596,255.73 30 Days 123 2 2 0 127 19,887,675.79 271,889.59 329,273.73 0.00 20,488,839.11 60 Days 37 2 13 0 52 5,983,848.07 385,824.83 1,696,305.23 0.00 8,065,978.13 90 Days 22 9 57 1 89 4,003,441.17 808,472.23 6,891,039.40 90,299.19 11,793,251.99 120 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 182 29 73 1 285 29,874,965.03 3,970,109.85 9,008,950.89 90,299.19 42,944,324.96 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 0.239413% 0.014963% 0.000000% 0.254377% 0.233913% 0.008626% 0.000000% 0.242539% 30 Days 1.840491% 0.029927% 0.029927% 0.000000% 1.900344% 1.857882% 0.025400% 0.030760% 0.000000% 1.914041% 60 Days 0.553644% 0.029927% 0.194523% 0.000000% 0.778094% 0.559004% 0.036043% 0.158467% 0.000000% 0.753513% 90 Days 0.329193% 0.134670% 0.852910% 0.014963% 1.331737% 0.373996% 0.075526% 0.643752% 0.008436% 1.101711% 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 2.723328% 0.433937% 1.092324% 0.014963% 4.264552% 2.790881% 0.370883% 0.841605% 0.008436% 4.011805%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 230,389.74
SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class M-1 234,816,830.01 17.80002488% 234,816,442.66 21.94331046% 3.944847% 0.000000% Class M-2 166,878,830.01 12.65006144% 166,878,442.66 15.59458714% 6.348723% 0.000000% Class M-3 100,259,830.01 7.60008330% 100,259,442.66 9.36912276% 6.225464% 0.000000% Class M-4 81,790,830.01 6.20006159% 81,790,442.66 7.64321721% 1.725906% 0.000000% Class B-1 67,938,830.01 5.15002636% 67,938,442.66 6.34876469% 1.294453% 0.000000% Class B-2 56,725,830.01 4.30003755% 56,725,442.66 5.30092350% 1.047841% 0.000000% Class B-3 46,831,830.01 3.55003404% 46,831,442.66 4.37634126% 0.924582% 0.000000% Class B-4 33,639,830.01 2.55002936% 33,639,442.66 3.14356493% 1.232776% 0.000000% Class X 0.01 0.00000000% 0.01 0.00000000% 3.143565% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Class LT-R 0.00 0.00000000% 0.00 0.00000000% 0.000000% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.441261% Weighted Average Net Coupon 7.141261% Weighted Average Pass-Through Rate 7.139261% Weighted Average Maturity(Stepdown Calculation) 355 Beginning Scheduled Collateral Loan Count 6,957 Number Of Loans Paid In Full 274 Ending Scheduled Collateral Loan Count 6,683 Beginning Scheduled Collateral Balance 1,123,244,655.42 Ending Scheduled Collateral Balance 1,070,104,910.20 Ending Actual Collateral Balance at 29-Jul-2005 1,070,449,071.80 Monthly P&I Constant 7,824,781.95 Special Servicing Fee 0.00 Prepayment Penalties 975,127.57 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 859,484.49 Unscheduled Principal 52,280,260.73
Miscellaneous Reporting Credit Enhancement Percentage 25.888157% Delinquency Trigger Event NO Cumulative Loss Trigger Event NO Trigger Event NO Stepdown NO Total Monthly Excess Spread 2,992,576.46 Specified Subordinated Amount 33,639,442.66 Subordinated Deficiency Amount 0.00 Extra Principal Distribution Amount 0.00 Subordinated Increase Amount 0.00 Excess Subordinated Amount 0.00 Subordinated Reduction Amount 0.00 Subordinated Amount 33,639,442.66 Soldier/Sailor Adjustment 0.00 Miscellaneous Bond Adjustment 0.00 Cap Agreement payment (Class X) 115,700.68
Group Level Collateral Statement Group Group 1 Group 2 Group 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.068411 7.551336 8.075314 Weighted Average Net Rate 6.768411 7.251336 7.775314 Weighted Average Maturity 355 355 355 Beginning Loan Count 1,214 4,486 892 Loans Paid In Full 34 186 35 Ending Loan Count 1,180 4,300 857 Beginning Scheduled Balance 183,769,367.74 677,298,332.49 122,654,489.53 Ending Scheduled Balance 177,909,641.37 644,731,021.05 116,697,925.89 Record Date 07/29/2005 07/29/2005 07/29/2005 Principal And Interest Constant 1,260,231.54 4,746,784.91 930,665.61 Scheduled Principal 177,767.04 484,695.59 105,270.97 Unscheduled Principal 5,681,959.33 32,082,615.85 5,851,292.67 Scheduled Interest 1,082,464.50 4,262,089.32 825,394.64 Servicing Fees 45,942.34 169,324.58 30,663.62 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 306.28 1,128.83 204.42 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,036,215.88 4,091,635.91 794,526.60 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.766411 7.249336 7.773314
Group Level Collateral Statement Group Group 4 Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.840610 7.441261 Weighted Average Net Rate 6.540610 7.141261 Weighted Average Maturity 355 355 Beginning Loan Count 365 6,957 Loans Paid In Full 19 274 Ending Loan Count 346 6,683 Beginning Scheduled Balance 139,522,465.66 1,123,244,655.42 Ending scheduled Balance 130,766,321.89 1,070,104,910.20 Record Date 07/29/2005 07/29/2005 Principal And Interest Constant 887,099.89 7,824,781.95 Scheduled Principal 91,750.89 859,484.49 Unscheduled Principal 8,664,392.88 52,280,260.73 Scheduled Interest 795,349.00 6,965,297.46 Servicing Fees 34,880.62 280,811.16 Master Servicing Fees 0.00 0.00 Trustee Fee 232.54 1,872.07 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 760,235.84 6,682,614.23 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 6.538610 7.139261
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 Total 274 52,591,053.40 52,233,237.26 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount Total 0 0.00 0.00 0 0.00 0.00 47,023.47
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 0011070537 CA 62.19 01-Oct-2004 176,000.00 174,418.09 Group 1 0011071259 NV 67.31 01-Nov-2004 175,000.00 173,612.17 Group 1 0031029181 CA 65.33 01-Oct-2004 260,000.00 257,505.78 Group 1 0031029290 NV 72.99 01-Nov-2004 100,000.00 99,033.82 Group 1 0031029522 CA 71.74 01-Nov-2004 165,000.00 163,729.61 Group 1 0041062104 IL 70.00 01-Nov-2004 197,400.00 196,175.66 Group 1 0061054293 PA 57.50 01-Nov-2004 69,000.00 68,814.67 Group 1 0061054367 PA 48.00 01-Nov-2004 60,000.00 59,475.95 Group 1 0071062110 FL 56.85 01-Nov-2004 83,000.00 82,270.14 Group 1 0081051325 VA 66.03 01-Dec-2004 86,500.00 85,565.71 Group 1 0101043581 FL 73.95 01-Oct-2004 162,700.00 161,332.72 Group 1 0121035240 MN 80.00 01-Nov-2004 148,000.00 146,815.70 Group 1 0141042664 NY 75.00 01-Dec-2004 266,250.00 264,148.05 Group 1 0171022195 AZ 80.00 01-Nov-2004 252,000.00 250,093.27 Group 1 0191020080 AZ 94.85 01-Oct-2004 181,165.00 179,724.01 Group 1 0231055431 NJ 77.70 01-Nov-2004 338,000.00 335,814.12 Group 1 0251032818 CA 23.61 01-Sep-2004 63,500.00 62,813.25 Group 1 0251033172 CA 59.51 01-Oct-2004 194,000.00 187,711.00 Group 1 0261048497 FL 75.89 01-Nov-2004 85,000.00 83,454.92 Group 1 0261048825 AL 80.00 01-Nov-2004 78,800.00 78,199.17 Group 1 0311024238 NJ 90.00 01-Nov-2004 179,352.00 178,205.80 Group 1 0331029927 NY 74.07 01-Dec-2004 300,000.00 298,124.81 Group 1 0331031027 MS 23.79 01-Dec-2004 69,000.00 68,581.23 Group 1 0341020475 NC 90.00 01-Dec-2004 177,938.00 176,879.24 Group 1 0381016363 RI 56.67 01-Nov-2004 170,000.00 168,407.69 Group 1 0611012444 NY 72.09 01-Nov-2004 155,000.00 153,328.86 Group 1 0631004077 CA 80.00 01-Oct-2004 156,000.00 155,760.08 Group 1 0631004351 CA 56.69 01-Nov-2004 250,000.00 247,999.52 Group 1 0631004506 CA 60.47 01-Nov-2004 260,000.00 257,865.56 Group 1 0651005568 FL 89.13 01-Nov-2004 205,000.00 203,470.98 Group 1 0661002063 CA 62.29 01-Nov-2004 149,500.00 146,663.37 Group 1 0691000816 MD 80.00 01-Nov-2004 159,920.00 158,994.08 Group 1 0831028886 CA 71.19 01-Oct-2004 299,000.00 296,371.23 Group 1 0841000631 MI 52.08 01-Nov-2004 50,000.00 48,128.83 Group 2 0011070593 CA 80.00 01-Oct-2004 169,600.00 169,600.00 Group 2 0011070629 CA 75.00 01-Oct-2004 273,750.00 272,438.89 Group 2 0011070676 CA 85.00 01-Oct-2004 343,400.00 343,218.75 Group 2 0011070817 CA 79.46 01-Oct-2004 147,000.00 145,448.26 Group 2 0011070975 CA 26.66 01-Nov-2004 140,500.00 139,292.75 Group 2 0011071111 CA 90.00 01-Nov-2004 162,000.00 160,985.10 Group 2 0011071246 CA 90.00 01-Nov-2004 234,000.00 232,333.18 Group 2 0011071308 CA 57.25 01-Oct-2004 229,000.00 228,923.72 Group 2 0011071314 CA 67.27 01-Nov-2004 148,000.00 146,976.31 Group 2 0021059356 CA 90.00 01-Nov-2004 328,500.00 325,896.99 Group 2 0021059504 HI 80.00 01-Nov-2004 196,000.00 194,900.59 Group 2 0021059597 HI 80.00 01-Nov-2004 316,800.00 316,799.98 Group 2 0021060170 CA 58.41 01-Dec-2004 257,000.00 255,423.24 Group 2 0031028603 CA 80.00 01-Nov-2004 318,422.40 318,422.40 Group 2 0031028647 CA 80.00 01-Nov-2004 244,000.00 242,495.12 Group 2 0031028682 CA 95.00 01-Oct-2004 294,500.00 291,972.82 Group 2 0031029108 CA 57.89 01-Oct-2004 275,000.00 272,298.19 Group 2 0031029631 CA 74.40 01-Nov-2004 187,500.00 186,147.91 Group 2 0041061959 IL 67.31 01-Nov-2004 87,500.00 87,055.76 Group 2 0041062013 IL 70.00 01-Nov-2004 210,000.00 208,761.13 Group 2 0041062062 IL 54.38 01-Nov-2004 261,000.00 253,286.18 Group 2 0041062071 IL 80.00 01-Nov-2004 132,000.00 130,944.20 Group 2 0041062174 IL 95.00 01-Nov-2004 218,500.00 217,003.59 Group 2 0041062256 IL 61.29 01-Dec-2004 190,000.00 188,824.04 Group 2 0041062738 IL 64.76 01-Dec-2004 136,000.00 135,260.20 Group 2 0061054111 OH 95.00 01-Oct-2004 185,487.00 183,745.98 Group 2 0061054380 OH 90.00 01-Nov-2004 117,000.00 116,017.81 Group 2 0061054475 OH 90.00 01-Nov-2004 99,000.00 98,350.67 Group 2 0071059694 FL 80.00 01-Nov-2004 124,000.00 123,433.36 Group 2 0071062097 FL 77.55 01-Dec-2004 95,000.00 94,407.01 Group 2 0071062135 FL 80.00 01-Nov-2004 132,000.00 130,965.16 Group 2 0071062170 FL 76.47 01-Nov-2004 130,000.00 129,177.43 Group 2 0071062272 FL 90.00 01-Nov-2004 180,000.00 178,730.37 Group 2 0071062673 FL 74.76 01-Dec-2004 154,000.00 153,046.88 Group 2 0071062751 FL 80.00 01-Dec-2004 171,200.00 170,087.13 Group 2 0071062896 FL 75.00 01-Dec-2004 150,000.00 149,167.54 Group 2 0071062910 FL 90.00 01-Dec-2004 92,700.00 92,253.26 Group 2 0081050593 MD 80.00 01-Oct-2004 175,200.00 174,035.95 Group 2 0081051078 VA 85.00 01-Nov-2004 81,600.00 81,209.88 Group 2 0081051281 VA 95.00 01-Nov-2004 262,200.00 260,573.75 Group 2 0081051500 VA 90.00 01-Dec-2004 268,200.00 267,039.36 Group 2 0081051781 MD 65.00 01-Dec-2004 279,500.00 278,523.56 Group 2 0091028068 IL 77.55 01-Nov-2004 76,000.00 75,429.95 Group 2 0091028859 KS 80.00 01-Nov-2004 79,800.00 79,149.06 Group 2 0091028949 IL 61.40 01-Dec-2004 175,000.00 173,710.79 Group 2 0091029060 IL 79.33 01-Dec-2004 165,012.00 164,141.00 Group 2 0101044005 FL 85.00 01-Nov-2004 199,750.00 198,268.52 Group 2 0121034120 MN 44.21 01-Sep-2004 127,100.00 126,665.41 Group 2 0121035067 WI 80.00 01-Nov-2004 294,000.00 292,056.27 Group 2 0121035261 WI 90.00 01-Nov-2004 130,500.00 129,463.77 Group 2 0121035434 WI 90.00 01-Dec-2004 111,600.00 110,874.60 Group 2 0131028534 OH 95.00 01-Nov-2004 66,500.00 66,115.55 Group 2 0141041391 NJ 70.00 01-Nov-2004 168,000.00 166,955.95 Group 2 0141041623 CT 70.00 01-Nov-2004 154,000.00 153,042.96 Group 2 0141041775 NY 75.00 01-Nov-2004 90,000.00 89,580.04 Group 2 0141041868 CT 80.00 01-Nov-2004 360,000.00 357,939.38 Group 2 0151025895 NJ 70.00 01-Nov-2004 147,000.00 146,216.25 Group 2 0151026096 MD 70.28 01-Nov-2004 126,500.00 126,000.67 Group 2 0161036524 MS 64.94 01-Nov-2004 276,000.00 273,631.60 Group 2 0171022063 AZ 95.00 01-Oct-2004 167,858.00 166,361.21 Group 2 0171022643 AZ 85.00 01-Dec-2004 119,000.00 118,438.14 Group 2 0191020123 CA 60.64 01-Nov-2004 171,000.00 169,912.44 Group 2 0191020777 CA 85.00 01-Nov-2004 92,650.00 92,267.74 Group 2 0211022230 VA 100.00 01-Oct-2004 71,400.00 71,004.70 Group 2 0211022440 VA 80.00 01-Nov-2004 244,800.00 243,355.85 Group 2 0211022817 MD 80.00 01-Oct-2004 223,920.00 222,159.37 Group 2 0211023307 VA 43.50 01-Dec-2004 85,000.00 84,551.32 Group 2 0211023586 GA 95.00 01-Dec-2004 54,910.00 54,618.25 Group 2 0211024302 NC 50.70 01-Dec-2004 72,500.00 72,113.44 Group 2 0231052143 VT 80.00 01-Nov-2004 148,000.00 147,080.21 Group 2 0231052731 NJ 80.00 01-Nov-2004 225,600.00 223,819.53 Group 2 0231053672 NY 80.00 01-Nov-2004 103,120.00 102,288.55 Group 2 0231054036 NJ 77.27 01-Nov-2004 255,000.00 253,402.54 Group 2 0231054517 VT 85.00 01-Nov-2004 73,100.00 72,685.76 Group 2 0231055565 NJ 94.38 01-Nov-2004 129,300.00 128,501.66 Group 2 0231055887 NJ 71.43 01-Dec-2004 300,000.00 297,667.54 Group 2 0231056028 NH 85.00 01-Nov-2004 170,000.00 167,599.77 Group 2 0231056300 NJ 31.37 01-Nov-2004 80,000.00 79,462.80 Group 2 0231056335 PA 80.00 01-Nov-2004 60,000.00 59,528.99 Group 2 0231056627 MS 29.04 01-Nov-2004 115,000.00 114,196.74 Group 2 0251033082 CA 80.00 01-Nov-2004 172,000.00 170,485.93 Group 2 0251033656 CA 80.00 01-Nov-2004 256,000.00 253,426.66 Group 2 0251033751 CA 95.00 01-Nov-2004 337,250.00 337,250.00 Group 2 0251033803 CA 67.88 01-Dec-2004 112,000.00 111,169.27 Group 2 0251033932 CA 85.00 01-Dec-2004 198,050.00 198,050.00 Group 2 0261048665 FL 80.00 01-Nov-2004 82,400.00 81,841.16 Group 2 0271013787 FL 68.85 01-Nov-2004 210,000.00 208,151.51 Group 2 0271015470 CA 65.00 01-Nov-2004 208,000.00 206,831.22 Group 2 0271015868 CT 78.05 01-Nov-2004 160,000.00 158,779.93 Group 2 0271016286 IL 80.00 01-Nov-2004 69,600.00 69,217.46 Group 2 0311023976 NJ 90.00 01-Nov-2004 208,575.00 207,265.79 Group 2 0311023990 NJ 81.63 01-Nov-2004 200,000.00 199,057.54 Group 2 0311024041 NJ 55.56 01-Nov-2004 200,000.00 198,527.35 Group 2 0311024046 NJ 90.00 01-Oct-2004 144,000.00 142,906.33 Group 2 0311024127 NJ 80.00 01-Nov-2004 200,000.00 198,697.84 Group 2 0311024169 NJ 90.00 01-Nov-2004 234,000.00 232,446.25 Group 2 0311024335 NJ 90.00 01-Nov-2004 199,800.00 198,734.72 Group 2 0331028258 NY 80.00 01-Nov-2004 228,000.00 226,749.00 Group 2 0331029325 NY 75.00 01-Oct-2004 187,500.00 186,528.17 Group 2 0331029364 NJ 51.85 01-Oct-2004 140,000.00 139,223.87 Group 2 0331029919 NY 43.22 01-Nov-2004 172,000.00 170,822.01 Group 2 0331030180 NY 90.00 01-Nov-2004 166,500.00 165,180.37 Group 2 0331030363 NY 90.00 01-Nov-2004 315,000.00 312,115.22 Group 2 0331030479 NJ 79.33 01-Nov-2004 165,000.00 163,717.24 Group 2 0331030494 NY 59.24 01-Nov-2004 250,000.00 248,108.37 Group 2 0331030644 NY 58.01 01-Dec-2004 105,000.00 104,362.74 Group 2 0341019808 SC 82.80 01-Nov-2004 50,342.00 50,075.88 Group 2 0341019866 NC 72.14 01-Nov-2004 101,000.00 100,385.92 Group 2 0341020038 NC 90.00 01-Nov-2004 165,600.00 164,249.16 Group 2 0341020047 NC 80.00 01-Nov-2004 102,880.00 102,047.23 Group 2 0341020370 NC 80.00 01-Dec-2004 124,480.00 123,794.67 Group 2 0341020622 NC 80.00 01-Dec-2004 135,200.00 134,486.35 Group 2 0351021810 TX 80.00 01-Dec-2004 228,000.00 226,560.84 Group 2 0371021074 FL 80.00 01-Oct-2004 84,000.00 83,243.12 Group 2 0371021159 FL 90.00 01-Oct-2004 173,700.00 172,633.10 Group 2 0371021580 FL 78.30 01-Nov-2004 83,000.00 82,329.33 Group 2 0371021637 FL 95.00 01-Nov-2004 213,750.00 212,151.41 Group 2 0371021718 FL 100.00 01-Nov-2004 98,000.00 97,258.49 Group 2 0371021857 FL 80.00 01-Dec-2004 121,600.00 120,720.95 Group 2 0371021870 FL 90.00 01-Nov-2004 55,800.00 55,393.54 Group 2 0371022034 FL 95.00 01-Dec-2004 146,024.00 145,291.10 Group 2 0371022232 FL 90.00 01-Dec-2004 121,500.00 120,386.82 Group 2 0381016244 RI 90.00 01-Nov-2004 270,000.00 268,573.74 Group 2 0381016469 RI 52.55 01-Nov-2004 134,000.00 133,026.65 Group 2 0381016505 RI 59.19 01-Nov-2004 183,500.00 181,739.03 Group 2 0381017058 RI 63.71 01-Dec-2004 223,000.00 221,141.44 Group 2 0381017221 MS 80.00 01-Dec-2004 216,000.00 214,551.53 Group 2 0381017236 RI 69.33 01-Dec-2004 217,000.00 215,235.30 Group 2 0511031161 CA 80.00 01-Nov-2004 224,000.00 221,948.63 Group 2 0511031836 NV 71.74 01-Dec-2004 165,000.00 164,004.55 Group 2 0521019624 MO 80.00 01-Nov-2004 126,000.00 125,145.50 Group 2 0521019802 KS 100.00 01-Nov-2004 213,850.00 212,151.83 Group 2 0521019827 IL 54.44 01-Nov-2004 245,000.00 243,354.84 Group 2 0521020420 WI 80.00 01-Dec-2004 72,720.00 72,260.95 Group 2 0521020877 MI 80.00 01-Dec-2004 128,800.00 128,018.35 Group 2 0551003037 TX 83.35 01-Nov-2004 283,400.00 281,530.54 Group 2 0611011792 NY 73.82 01-Nov-2004 203,000.00 201,000.55 Group 2 0611012146 NY 75.00 01-Nov-2004 150,000.00 149,454.94 Group 2 0611012471 CT 80.00 01-Dec-2004 126,400.00 125,765.55 Group 2 0611012522 NY 74.24 01-Dec-2004 245,000.00 243,483.60 Group 2 0611012534 NY 87.79 01-Nov-2004 230,000.00 227,893.64 Group 2 0611012821 NY 90.00 01-Dec-2004 450,000.00 447,179.45 Group 2 0611012889 NY 77.14 01-Dec-2004 270,000.00 268,610.24 Group 2 0621004164 FL 95.33 01-Nov-2004 121,072.00 120,201.17 Group 2 0621004290 FL 80.00 01-Nov-2004 265,600.00 263,744.87 Group 2 0621004396 FL 80.00 01-Dec-2004 132,000.00 131,498.40 Group 2 0621004416 FL 63.91 01-Nov-2004 85,000.00 84,681.81 Group 2 0621004917 FL 80.00 01-Dec-2004 136,000.00 135,089.75 Group 2 0621004970 FL 95.00 01-Dec-2004 197,030.00 195,914.42 Group 2 0631004051 CA 80.00 01-Oct-2004 276,000.00 274,333.72 Group 2 0631004191 CA 75.00 01-Oct-2004 157,500.00 157,006.34 Group 2 0651005035 PA 95.00 01-Oct-2004 95,000.00 94,505.59 Group 2 0651005057 FL 61.29 01-Nov-2004 114,000.00 113,241.99 Group 2 0651005161 FL 75.00 01-Oct-2004 90,000.00 89,371.48 Group 2 0651005408 VT 80.00 01-Nov-2004 200,000.00 198,336.67 Group 2 0651006081 FL 74.07 01-Dec-2004 100,000.00 99,324.88 Group 2 0651006108 FL 73.77 01-Dec-2004 135,000.00 134,430.65 Group 2 0651006142 FL 80.00 01-Dec-2004 124,000.00 123,622.02 Group 2 0661001870 CA 80.00 01-Oct-2004 136,000.00 135,999.34 Group 2 0661001914 CA 90.00 01-Nov-2004 297,900.00 296,106.50 Group 2 0661001950 CA 95.00 01-Nov-2004 285,000.00 282,487.24 Group 2 0661002199 CA 85.16 01-Nov-2004 132,000.00 130,891.98 Group 2 0661002409 NV 90.00 01-Nov-2004 119,700.00 118,863.90 Group 2 0661002460 CA 75.00 01-Dec-2004 300,000.00 298,651.35 Group 2 0681001979 ME 80.00 01-Nov-2004 138,400.00 137,684.39 Group 2 0681002129 ME 59.95 01-Nov-2004 250,000.00 247,943.02 Group 2 0681002317 MS 31.56 01-Dec-2004 95,000.00 94,476.99 Group 2 0681002498 ME 80.00 01-Dec-2004 121,600.00 121,600.00 Group 2 0691000510 MD 74.56 01-Oct-2004 100,650.00 99,680.88 Group 2 0691000886 MD 56.36 01-Nov-2004 310,000.00 308,225.62 Group 2 0691000891 MD 72.00 01-Nov-2004 211,680.00 210,123.45 Group 2 0691000925 MD 80.00 01-Nov-2004 105,600.00 105,031.20 Group 2 0691001339 VA 85.00 01-Dec-2004 85,000.00 84,532.95 Group 2 0731007614 GA 88.16 01-Dec-2004 110,200.00 109,593.28 Group 2 0741007957 PA 81.53 01-Dec-2004 130,448.00 129,709.39 Group 2 0761004337 IL 65.00 01-Nov-2004 60,450.00 60,230.82 Group 2 0761005288 IL 77.35 01-Dec-2004 131,500.00 130,989.52 Group 2 0781000644 NJ 95.00 01-Nov-2004 267,900.00 265,557.72 Group 2 0831027842 CA 60.00 01-Sep-2004 270,000.00 268,120.61 Group 2 0831027862 CA 60.00 01-Oct-2004 204,000.00 203,156.63 Group 2 0831028591 CA 74.12 01-Oct-2004 315,000.00 314,999.75 Group 2 0831028866 NJ 95.00 01-Oct-2004 199,500.00 198,313.77 Group 2 0831028876 NJ 40.00 01-Sep-2004 80,000.00 79,580.54 Group 2 0831029985 NJ 48.15 01-Nov-2004 130,000.00 129,254.17 Group 2 0841000980 MI 88.24 01-Dec-2004 150,000.00 149,291.74 Group 2 0841001250 MI 90.00 01-Dec-2004 85,860.00 85,505.34 Group 3 0011070634 CA 19.63 15-Nov-2004 105,000.00 104,703.75 Group 3 0011070681 CA 75.00 01-Nov-2004 442,500.00 439,151.89 Group 3 0021059555 CA 74.77 01-Nov-2004 400,000.00 397,767.65 Group 3 0031028602 CA 16.09 01-Oct-2004 70,000.00 68,165.86 Group 3 0031028960 CA 80.00 01-Oct-2004 239,200.00 237,512.19 Group 3 0051053699 GA 58.18 01-Oct-2004 96,000.00 95,598.83 Group 3 0071062219 FL 72.28 01-Nov-2004 75,895.00 75,198.31 Group 3 0081051252 VA 80.00 01-Nov-2004 176,000.00 174,982.43 Group 3 0091028577 IL 90.00 01-Nov-2004 99,000.00 96,541.71 Group 3 0091029302 IL 100.00 01-Dec-2004 190,000.00 188,846.93 Group 3 0211023487 MD 95.00 01-Nov-2004 223,250.00 222,219.17 Group 3 0211024015 MD 25.07 01-Dec-2004 66,950.00 66,799.27 Group 3 0231055106 NY 80.00 01-Nov-2004 88,000.00 87,409.04 Group 3 0231057715 NJ 20.00 01-Dec-2004 55,000.00 54,862.24 Group 3 0251033488 CA 95.00 01-Nov-2004 470,250.00 467,184.56 Group 3 0251033541 CA 6.94 01-Nov-2004 50,000.00 49,771.00 Group 3 0261049361 FL 90.00 01-Dec-2004 118,800.00 118,191.57 Group 3 0271015331 MS 31.80 01-Nov-2004 194,000.00 192,577.98 Group 3 0271015678 FL 11.95 01-Nov-2004 50,593.00 50,403.63 Group 3 0331029039 NY 15.00 01-Dec-2004 87,000.00 86,707.16 Group 3 0381015876 RI 80.00 01-Nov-2004 248,000.00 246,457.65 Group 3 0381016203 NY 90.00 01-Nov-2004 91,800.00 91,310.56 Group 3 0381016236 MS 68.86 01-Nov-2004 588,750.00 584,588.44 Group 3 0381016391 RI 17.86 01-Nov-2004 50,000.00 49,748.30 Group 3 0381017298 CT 67.42 01-Dec-2004 120,000.00 119,360.15 Group 3 0631004508 CA 27.18 01-Dec-2004 106,000.00 105,629.68 Group 3 0651005678 MS 95.00 01-Nov-2004 150,100.00 149,222.20 Group 3 0661001482 CA 26.60 01-Oct-2004 133,000.00 132,349.63 Group 3 0661001589 CA 75.00 01-Oct-2004 166,500.00 164,074.40 Group 3 0681001916 NH 39.72 15-Nov-2004 121,150.00 120,707.61 Group 3 0691000787 MD 88.89 01-Nov-2004 400,000.00 396,949.92 Group 3 0721004663 NV 48.90 01-Nov-2004 133,000.00 132,390.93 Group 3 0731006969 TN 80.00 01-Nov-2004 56,000.00 54,590.03 Group 3 0781000722 MI 87.93 01-Nov-2004 76,500.00 75,976.05 Group 3 0781000970 NJ 70.00 01-Dec-2004 148,400.00 147,699.28 Group 4 0011071190 CA 80.00 01-Nov-2004 736,000.00 731,991.69 Group 4 0021060192 CA 78.77 01-Dec-2004 384,000.00 381,499.41 Group 4 0031029125 CA 68.30 01-Oct-2004 181,000.00 179,614.02 Group 4 0031029302 CA 60.61 01-Nov-2004 400,000.00 396,411.84 Group 4 0031029482 CA 90.00 01-Nov-2004 401,700.00 398,659.14 Group 4 0031029796 CA 80.00 01-Dec-2004 380,000.00 377,293.78 Group 4 0081051384 VA 79.28 01-Nov-2004 440,000.00 436,302.28 Group 4 0141041535 NY 78.40 01-Nov-2004 98,000.00 97,007.61 Group 4 0311023937 NJ 58.00 01-Oct-2004 725,000.00 718,957.62 Group 4 0321020905 CO 70.00 01-Nov-2004 50,400.00 49,823.95 Group 4 0331029886 NY 90.00 01-Nov-2004 422,100.00 415,578.11 Group 4 0381016387 ME 75.00 01-Nov-2004 457,500.00 454,397.45 Group 4 0511031806 CA 80.00 01-Nov-2004 578,400.00 573,063.05 Group 4 0611011544 NJ 80.00 01-Nov-2004 492,000.00 488,563.51 Group 4 0631004335 CA 90.00 01-Nov-2004 522,000.00 518,951.31 Group 4 0631004576 CA 61.90 01-Nov-2004 1,300,000.00 1,300,000.00 Group 4 0661002222 CA 84.43 01-Dec-2004 499,000.00 496,030.98 Group 4 0671001146 CA 60.00 01-Oct-2004 273,000.00 269,651.46 Group 4 0831027849 CA 85.00 01-Sep-2004 382,500.00 379,937.68
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 0011070537 Loan Paid in Full (1) 6.875% 360 10 Group 1 0011071259 Loan Paid in Full (1) 6.750% 360 9 Group 1 0031029181 Loan Paid in Full 0 6.540% 360 10 Group 1 0031029290 Loan Paid in Full (1) 7.300% 360 9 Group 1 0031029522 Loan Paid in Full (1) 6.900% 360 9 Group 1 0041062104 Loan Paid in Full 0 8.000% 360 9 Group 1 0061054293 Loan Paid in Full (1) 11.990% 360 9 Group 1 0061054367 Loan Paid in Full 0 7.350% 360 9 Group 1 0071062110 Loan Paid in Full 0 7.300% 360 9 Group 1 0081051325 Loan Paid in Full (1) 8.200% 360 8 Group 1 0101043581 Loan Paid in Full (1) 7.050% 360 10 Group 1 0121035240 Loan Paid in Full (1) 6.700% 360 9 Group 1 0141042664 Loan Paid in Full 0 6.225% 360 8 Group 1 0171022195 Loan Paid in Full 0 6.990% 360 9 Group 1 0191020080 Loan Paid in Full (1) 7.775% 360 10 Group 1 0231055431 Loan Paid in Full (1) 7.790% 360 9 Group 1 0251032818 Loan Paid in Full (1) 6.200% 360 11 Group 1 0251033172 Loan Paid in Full (1) 6.990% 180 10 Group 1 0261048497 Loan Paid in Full (1) 6.990% 240 9 Group 1 0261048825 Loan Paid in Full 0 6.950% 360 9 Group 1 0311024238 Loan Paid in Full 0 7.850% 360 9 Group 1 0331029927 Loan Paid in Full (1) 7.350% 360 8 Group 1 0331031027 Loan Paid in Full (1) 7.500% 360 8 Group 1 0341020475 Loan Paid in Full (1) 7.600% 360 8 Group 1 0381016363 Loan Paid in Full 0 6.000% 360 9 Group 1 0611012444 Loan Paid in Full (1) 6.100% 360 9 Group 1 0631004077 Loan Paid in Full 0 6.450% 360 10 Group 1 0631004351 Loan Paid in Full (1) 6.700% 360 9 Group 1 0631004506 Loan Paid in Full (1) 6.800% 360 9 Group 1 0651005568 Loan Paid in Full 0 7.800% 360 9 Group 1 0661002063 Loan Paid in Full (1) 6.400% 240 9 Group 1 0691000816 Loan Paid in Full (1) 8.350% 360 9 Group 1 0831028886 Loan Paid in Full 0 6.775% 360 10 Group 1 0841000631 Loan Paid in Full (1) 9.500% 180 9 Group 2 0011070593 Loan Paid in Full 0 6.650% 360 10 Group 2 0011070629 Loan Paid in Full 0 9.800% 360 10 Group 2 0011070676 Loan Paid in Full (1) 6.900% 360 10 Group 2 0011070817 Loan Paid in Full 0 6.375% 360 10 Group 2 0011070975 Loan Paid in Full 0 6.500% 360 9 Group 2 0011071111 Loan Paid in Full (1) 7.950% 360 9 Group 2 0011071246 Loan Paid in Full (1) 7.300% 360 9 Group 2 0011071308 Loan Paid in Full (1) 7.375% 360 10 Group 2 0011071314 Loan Paid in Full (1) 7.450% 360 9 Group 2 0021059356 Loan Paid in Full (1) 7.300% 360 9 Group 2 0021059504 Loan Paid in Full (1) 8.500% 360 9 Group 2 0021059597 Loan Paid in Full 0 6.050% 360 9 Group 2 0021060170 Loan Paid in Full 0 7.650% 360 8 Group 2 0031028603 Loan Paid in Full (1) 6.250% 360 9 Group 2 0031028647 Loan Paid in Full 0 8.150% 360 9 Group 2 0031028682 Loan Paid in Full 0 6.900% 360 10 Group 2 0031029108 Loan Paid in Full 0 6.190% 360 10 Group 2 0031029631 Loan Paid in Full 0 7.250% 360 9 Group 2 0041061959 Loan Paid in Full (1) 8.990% 360 9 Group 2 0041062013 Loan Paid in Full (1) 8.250% 360 9 Group 2 0041062062 Loan Paid in Full (1) 6.400% 360 9 Group 2 0041062071 Loan Paid in Full (1) 7.250% 360 9 Group 2 0041062174 Loan Paid in Full (1) 7.500% 360 9 Group 2 0041062256 Loan Paid in Full (1) 7.400% 360 8 Group 2 0041062738 Loan Paid in Full 0 8.050% 360 8 Group 2 0061054111 Loan Paid in Full (1) 6.700% 360 10 Group 2 0061054380 Loan Paid in Full (1) 6.450% 360 9 Group 2 0061054475 Loan Paid in Full (1) 7.890% 360 9 Group 2 0071059694 Loan Paid in Full 0 9.500% 360 9 Group 2 0071062097 Loan Paid in Full 0 7.650% 360 8 Group 2 0071062135 Loan Paid in Full (1) 6.950% 360 9 Group 2 0071062170 Loan Paid in Full 0 7.900% 360 9 Group 2 0071062272 Loan Paid in Full 0 7.350% 360 9 Group 2 0071062673 Loan Paid in Full 0 7.400% 360 8 Group 2 0071062751 Loan Paid in Full 0 7.150% 360 8 Group 2 0071062896 Loan Paid in Full 0 7.950% 360 8 Group 2 0071062910 Loan Paid in Full 0 8.650% 360 8 Group 2 0081050593 Loan Paid in Full (1) 8.200% 360 10 Group 2 0081051078 Loan Paid in Full 0 9.300% 360 9 Group 2 0081051281 Loan Paid in Full 0 8.000% 360 9 Group 2 0081051500 Loan Paid in Full 0 9.200% 360 8 Group 2 0081051781 Loan Paid in Full 0 10.200% 360 8 Group 2 0091028068 Loan Paid in Full 0 7.950% 360 9 Group 2 0091028859 Loan Paid in Full (1) 6.600% 360 9 Group 2 0091028949 Loan Paid in Full (1) 7.150% 360 8 Group 2 0091029060 Loan Paid in Full 0 8.200% 360 8 Group 2 0101044005 Loan Paid in Full 0 7.100% 360 9 Group 2 0121034120 Loan Paid in Full 0 11.850% 360 11 Group 2 0121035067 Loan Paid in Full (1) 7.700% 360 9 Group 2 0121035261 Loan Paid in Full (1) 6.740% 360 9 Group 2 0121035434 Loan Paid in Full 0 7.150% 360 8 Group 2 0131028534 Loan Paid in Full 0 8.350% 360 9 Group 2 0141041391 Loan Paid in Full 0 7.990% 360 9 Group 2 0141041623 Loan Paid in Full 2 7.990% 360 9 Group 2 0141041775 Loan Paid in Full 0 9.400% 360 9 Group 2 0141041868 Loan Paid in Full (1) 8.400% 360 9 Group 2 0151025895 Loan Paid in Full 0 8.750% 360 9 Group 2 0151026096 Loan Paid in Full 0 10.200% 360 9 Group 2 0161036524 Loan Paid in Full 0 7.900% 360 9 Group 2 0171022063 Loan Paid in Full (1) 7.990% 360 10 Group 2 0171022643 Loan Paid in Full (1) 8.750% 360 8 Group 2 0191020123 Loan Paid in Full (1) 9.200% 360 9 Group 2 0191020777 Loan Paid in Full 0 9.990% 360 9 Group 2 0211022230 Loan Paid in Full 0 9.100% 360 10 Group 2 0211022440 Loan Paid in Full (1) 8.250% 360 9 Group 2 0211022817 Loan Paid in Full 0 7.350% 360 10 Group 2 0211023307 Loan Paid in Full 0 8.200% 360 8 Group 2 0211023586 Loan Paid in Full 0 8.550% 360 8 Group 2 0211024302 Loan Paid in Full (1) 8.150% 360 8 Group 2 0231052143 Loan Paid in Full 0 7.990% 360 9 Group 2 0231052731 Loan Paid in Full 0 7.000% 360 9 Group 2 0231053672 Loan Paid in Full 0 6.840% 360 9 Group 2 0231054036 Loan Paid in Full 0 7.950% 360 9 Group 2 0231054517 Loan Paid in Full 0 8.450% 360 9 Group 2 0231055565 Loan Paid in Full (1) 8.050% 360 9 Group 2 0231055887 Loan Paid in Full (1) 6.450% 360 8 Group 2 0231056028 Loan Paid in Full (1) 5.700% 360 9 Group 2 0231056300 Loan Paid in Full (1) 7.600% 360 9 Group 2 0231056335 Loan Paid in Full (1) 6.800% 360 9 Group 2 0231056627 Loan Paid in Full 0 7.400% 360 9 Group 2 0251033082 Loan Paid in Full 0 6.200% 360 9 Group 2 0251033656 Loan Paid in Full (1) 5.490% 360 9 Group 2 0251033751 Loan Paid in Full 0 7.750% 360 9 Group 2 0251033803 Loan Paid in Full (1) 6.490% 360 8 Group 2 0251033932 Loan Paid in Full 0 7.450% 360 8 Group 2 0261048665 Loan Paid in Full (1) 7.550% 360 9 Group 2 0271013787 Loan Paid in Full 0 6.200% 360 9 Group 2 0271015470 Loan Paid in Full 0 8.500% 360 9 Group 2 0271015868 Loan Paid in Full 0 6.950% 360 9 Group 2 0271016286 Loan Paid in Full 0 8.600% 360 9 Group 2 0311023976 Loan Paid in Full 0 7.940% 360 9 Group 2 0311023990 Loan Paid in Full 0 9.900% 360 9 Group 2 0311024041 Loan Paid in Full 0 7.800% 360 9 Group 2 0311024046 Loan Paid in Full (1) 7.550% 360 10 Group 2 0311024127 Loan Paid in Full (1) 7.800% 360 9 Group 2 0311024169 Loan Paid in Full 0 8.050% 360 9 Group 2 0311024335 Loan Paid in Full (1) 8.750% 360 9 Group 2 0331028258 Loan Paid in Full (1) 8.990% 360 9 Group 2 0331029325 Loan Paid in Full 0 9.990% 360 10 Group 2 0331029364 Loan Paid in Full 0 9.100% 360 10 Group 2 0331029919 Loan Paid in Full 0 7.500% 360 9 Group 2 0331030180 Loan Paid in Full 0 6.750% 360 9 Group 2 0331030363 Loan Paid in Full 0 5.990% 360 9 Group 2 0331030479 Loan Paid in Full (1) 6.850% 360 9 Group 2 0331030494 Loan Paid in Full (1) 6.990% 360 9 Group 2 0331030644 Loan Paid in Full (1) 7.500% 360 8 Group 2 0341019808 Loan Paid in Full 0 8.800% 360 9 Group 2 0341019866 Loan Paid in Full 0 8.100% 360 9 Group 2 0341020038 Loan Paid in Full 0 6.600% 360 9 Group 2 0341020047 Loan Paid in Full 0 6.640% 360 9 Group 2 0341020370 Loan Paid in Full 0 7.990% 360 8 Group 2 0341020622 Loan Paid in Full 0 8.200% 360 8 Group 2 0351021810 Loan Paid in Full 0 7.300% 360 8 Group 2 0371021074 Loan Paid in Full 0 6.650% 360 10 Group 2 0371021159 Loan Paid in Full 0 8.590% 360 10 Group 2 0371021580 Loan Paid in Full 0 6.650% 360 9 Group 2 0371021637 Loan Paid in Full (1) 7.050% 360 9 Group 2 0371021718 Loan Paid in Full 0 6.990% 360 9 Group 2 0371021857 Loan Paid in Full (1) 7.250% 360 8 Group 2 0371021870 Loan Paid in Full (1) 7.500% 360 9 Group 2 0371022034 Loan Paid in Full (1) 8.450% 360 8 Group 2 0371022232 Loan Paid in Full 0 8.300% 360 8 Group 2 0381016244 Loan Paid in Full (1) 8.800% 360 9 Group 2 0381016469 Loan Paid in Full (1) 7.200% 360 9 Group 2 0381016505 Loan Paid in Full (1) 5.740% 360 9 Group 2 0381017058 Loan Paid in Full (2) 5.990% 360 8 Group 2 0381017221 Loan Paid in Full 0 6.990% 360 8 Group 2 0381017236 Loan Paid in Full 0 5.990% 360 8 Group 2 0511031161 Loan Paid in Full (1) 5.990% 360 9 Group 2 0511031836 Loan Paid in Full 0 7.530% 360 8 Group 2 0521019624 Loan Paid in Full 0 7.550% 360 9 Group 2 0521019802 Loan Paid in Full (1) 6.740% 360 9 Group 2 0521019827 Loan Paid in Full 0 7.600% 360 9 Group 2 0521020420 Loan Paid in Full 0 7.300% 360 8 Group 2 0521020877 Loan Paid in Full 0 7.500% 360 8 Group 2 0551003037 Loan Paid in Full 0 7.690% 360 9 Group 2 0611011792 Loan Paid in Full 0 5.600% 360 9 Group 2 0611012146 Loan Paid in Full 0 10.600% 360 9 Group 2 0611012471 Loan Paid in Full 0 8.450% 360 8 Group 2 0611012522 Loan Paid in Full 0 7.400% 360 8 Group 2 0611012534 Loan Paid in Full 0 5.990% 360 9 Group 2 0611012821 Loan Paid in Full (1) 7.450% 360 8 Group 2 0611012889 Loan Paid in Full (1) 8.325% 360 8 Group 2 0621004164 Loan Paid in Full (1) 7.250% 360 9 Group 2 0621004290 Loan Paid in Full 0 7.400% 360 9 Group 2 0621004396 Loan Paid in Full 0 9.800% 360 8 Group 2 0621004416 Loan Paid in Full (1) 10.450% 360 9 Group 2 0621004917 Loan Paid in Full (1) 7.000% 360 8 Group 2 0621004970 Loan Paid in Full (1) 7.850% 360 8 Group 2 0631004051 Loan Paid in Full 0 8.675% 360 10 Group 2 0631004191 Loan Paid in Full (1) 6.450% 360 10 Group 2 0651005035 Loan Paid in Full 0 9.400% 360 10 Group 2 0651005057 Loan Paid in Full (1) 7.650% 360 9 Group 2 0651005161 Loan Paid in Full 0 7.950% 360 10 Group 2 0651005408 Loan Paid in Full (1) 6.500% 360 9 Group 2 0651006081 Loan Paid in Full (1) 7.150% 360 8 Group 2 0651006108 Loan Paid in Full 1 9.300% 360 8 Group 2 0651006142 Loan Paid in Full 0 10.850% 360 8 Group 2 0661001870 Loan Paid in Full 0 5.850% 360 10 Group 2 0661001914 Loan Paid in Full 0 8.150% 360 9 Group 2 0661001950 Loan Paid in Full (1) 6.250% 360 9 Group 2 0661002199 Loan Paid in Full 0 6.450% 360 9 Group 2 0661002409 Loan Paid in Full (1) 7.400% 360 9 Group 2 0661002460 Loan Paid in Full 0 8.990% 360 8 Group 2 0681001979 Loan Paid in Full 0 8.900% 360 9 Group 2 0681002129 Loan Paid in Full (1) 7.100% 360 9 Group 2 0681002317 Loan Paid in Full 0 7.990% 360 8 Group 2 0681002498 Loan Paid in Full (1) 6.600% 360 8 Group 2 0691000510 Loan Paid in Full (1) 6.350% 360 10 Group 2 0691000886 Loan Paid in Full 0 8.400% 360 9 Group 2 0691000891 Loan Paid in Full 0 7.300% 360 9 Group 2 0691000925 Loan Paid in Full (1) 8.700% 360 9 Group 2 0691001339 Loan Paid in Full 0 8.000% 360 8 Group 2 0731007614 Loan Paid in Full (1) 7.990% 360 8 Group 2 0741007957 Loan Paid in Full 0 7.850% 360 8 Group 2 0761004337 Loan Paid in Full (1) 10.600% 360 9 Group 2 0761005288 Loan Paid in Full (1) 9.700% 360 8 Group 2 0781000644 Loan Paid in Full 0 6.350% 360 9 Group 2 0831027842 Loan Paid in Full 0 8.750% 360 11 Group 2 0831027862 Loan Paid in Full 0 10.500% 360 10 Group 2 0831028591 Loan Paid in Full 0 7.500% 360 10 Group 2 0831028866 Loan Paid in Full 0 8.750% 360 10 Group 2 0831028876 Loan Paid in Full 0 10.990% 360 11 Group 2 0831029985 Loan Paid in Full (1) 8.450% 360 9 Group 2 0841000980 Loan Paid in Full (2) 8.750% 360 8 Group 2 0841001250 Loan Paid in Full (1) 9.400% 360 8 Group 3 0011070634 Loan Paid in Full 0 11.200% 360 9 Group 3 0011070681 Loan Paid in Full 0 6.990% 360 9 Group 3 0021059555 Loan Paid in Full 0 8.525% 360 9 Group 3 0031028602 Loan Paid in Full (1) 9.700% 180 10 Group 3 0031028960 Loan Paid in Full (1) 7.900% 360 10 Group 3 0051053699 Loan Paid in Full (1) 10.450% 360 10 Group 3 0071062219 Loan Paid in Full 0 8.800% 360 9 Group 3 0081051252 Loan Paid in Full (1) 8.350% 360 9 Group 3 0091028577 Loan Paid in Full 0 8.850% 180 9 Group 3 0091029302 Loan Paid in Full (1) 7.500% 360 8 Group 3 0211023487 Loan Paid in Full 0 9.450% 360 9 Group 3 0211024015 Loan Paid in Full 0 12.250% 360 8 Group 3 0231055106 Loan Paid in Full 0 7.600% 360 9 Group 3 0231057715 Loan Paid in Full (1) 11.750% 360 8 Group 3 0251033488 Loan Paid in Full (1) 7.750% 360 9 Group 3 0251033541 Loan Paid in Full 0 10.250% 360 9 Group 3 0261049361 Loan Paid in Full 0 8.350% 360 8 Group 3 0271015331 Loan Paid in Full 0 7.500% 360 9 Group 3 0271015678 Loan Paid in Full (1) 10.450% 360 9 Group 3 0331029039 Loan Paid in Full 0 10.375% 360 8 Group 3 0381015876 Loan Paid in Full 0 7.990% 360 9 Group 3 0381016203 Loan Paid in Full (1) 8.750% 360 9 Group 3 0381016236 Loan Paid in Full 0 7.340% 360 9 Group 3 0381016391 Loan Paid in Full (1) 9.225% 360 9 Group 3 0381017298 Loan Paid in Full 0 8.150% 360 8 Group 3 0631004508 Loan Paid in Full 0 10.200% 360 8 Group 3 0651005678 Loan Paid in Full 0 8.500% 360 9 Group 3 0661001482 Loan Paid in Full 0 9.700% 360 10 Group 3 0661001589 Loan Paid in Full 0 8.900% 360 10 Group 3 0681001916 Loan Paid in Full 0 9.990% 360 9 Group 3 0691000787 Loan Paid in Full 0 6.950% 360 9 Group 3 0721004663 Loan Paid in Full (1) 9.490% 360 9 Group 3 0731006969 Loan Paid in Full 0 8.990% 180 9 Group 3 0781000722 Loan Paid in Full 0 7.500% 360 9 Group 3 0781000970 Loan Paid in Full 0 8.750% 360 8 Group 4 0011071190 Loan Paid in Full (1) 7.300% 360 9 Group 4 0021060192 Loan Paid in Full 0 7.450% 360 8 Group 4 0031029125 Loan Paid in Full 0 7.500% 360 10 Group 4 0031029302 Loan Paid in Full 0 6.100% 360 9 Group 4 0031029482 Loan Paid in Full (1) 6.990% 360 9 Group 4 0031029796 Loan Paid in Full 0 6.750% 360 8 Group 4 0081051384 Loan Paid in Full (2) 6.650% 360 9 Group 4 0141041535 Loan Paid in Full (1) 5.450% 360 9 Group 4 0311023937 Loan Paid in Full (1) 7.050% 360 10 Group 4 0321020905 Loan Paid in Full 0 5.240% 360 9 Group 4 0331029886 Loan Paid in Full (3) 6.450% 360 9 Group 4 0381016387 Loan Paid in Full (3) 7.550% 360 9 Group 4 0511031806 Loan Paid in Full (1) 5.950% 360 9 Group 4 0611011544 Loan Paid in Full (1) 7.400% 360 9 Group 4 0631004335 Loan Paid in Full 0 8.300% 360 9 Group 4 0631004576 Loan Paid in Full 0 5.890% 360 9 Group 4 0661002222 Loan Paid in Full (1) 7.600% 360 8 Group 4 0671001146 Loan Paid in Full (1) 4.990% 360 10 Group 4 0831027849 Loan Paid in Full 0 8.650% 360 11
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 4.658% Current Month 43.583% Current Month 2,446.482% 3 Month Average 4.189% 3 Month Average 40.107% 3 Month Average 2,545.404% 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. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A 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 N/A N/A Mar-2005 N/A N/A Apr-2005 37.531% N/A Apr-2005 3,810.574% N/A May-2005 32.359% N/A May-2005 2,732.761% N/A Jun-2005 37.295% N/A Jun-2005 2,696.542% N/A Jul-2005 39.444% N/A Jul-2005 2,493.187% N/A Aug-2005 43.583% N/A Aug-2005 2,446.482% 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 Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period.
Realized Loss Report - Collateral Summary
MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A 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 N/A N/A Mar-2005 N/A 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 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A 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 N/A N/A Mar-2005 N/A 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 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
-----END PRIVACY-ENHANCED MESSAGE-----