-----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, DkIDy51CNfjM9WOxkNbQ4Vv7c990yncEqvCwSSApHEevFMqNh2Hw7ZX27D6WlYZ5 zwr0dX1HHw1FXmK6XUnMmA== 0001056404-05-002552.txt : 20050725 0001056404-05-002552.hdr.sgml : 20050725 20050725091821 ACCESSION NUMBER: 0001056404-05-002552 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050720 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050725 DATE AS OF CHANGE: 20050725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Banc of America Funding Corp. Mortgage Pass-Through Certificates Series 2005-B CENTRAL INDEX KEY: 0001322521 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: 333-109285-11 FILM NUMBER: 05970312 BUSINESS ADDRESS: STREET 1: C/O NORWEST BANK MINNESOTA N A STREET 2: 11000 BROKEN LAND PARKWAY CITY: COLUMBIA STATE: MD ZIP: 21044 BUSINESS PHONE: 4108842000 MAIL ADDRESS: STREET 1: NATIONSBANK CORPORATE CENTER STREET 2: NC1-007-11-07 CITY: CHARLOTTE STATE: NC ZIP: 28255 8-K 1 baf0500b_10507.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): July 20, 2005 BANC OF AMERICA FUNDING CORPORATION Mortgage Pass-Through Certificates, Series 2005-B Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-109285-11 Pooling and Servicing Agreement) (Commission 54-2169434 (State or other File Number) 54-2169435 jurisdiction 54-2169436 of Incorporation) 54-2169437 54-6658762 IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On July 20, 2005 a distribution was made to holders of BANC OF AMERICA FUNDING CORPORATION, Mortgage Pass-Through Certificates, Series 2005-B 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-B Trust, relating to the July 20, 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. BANC OF AMERICA FUNDING CORPORATION Mortgage Pass-Through Certificates, Series 2005-B Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 7/21/05 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-B Trust, relating to the July 20, 2005 distribution. EX-99.1
Banc of America Funding Corporation Mortgage Pass-Through Certificates Record Date: 6/30/05 Distribution Date: 7/20/05 Banc of America Funding Corporation Mortgage Pass-Through Certificates Series 2005-B 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 1-A-1 05946XRT2 SEN 5.28879% 92,072,219.12 405,791.88 1-A-R 05946XRU9 SEN 5.28860% 0.00 0.00 2-A-1 05946XRV7 SEN 5.14014% 117,443,277.38 503,062.05 3-A-1 05946XRW5 SEN 3.49000% 265,959,571.35 773,499.09 3-A-1A 05946XRX3 SEN 3.47000% 110,953,662.72 320,841.01 3-A-1B 05946XRY1 SEN 3.57000% 32,000,000.00 95,200.00 3-A-2 05946XRZ8 SEN 3.50000% 100,013,398.90 291,705.75 3-A-2A 05946XSA2 SEN 3.48000% 71,166,586.46 206,383.10 3-A-2B 05946XSB0 SEN 3.57000% 22,000,000.00 65,450.00 3-A-3 05946XSC8 SEN 3.56000% 66,900,088.99 198,470.26 3-M-1 05946XSG9 SEN 3.71000% 21,698,000.00 67,082.98 3-M-2 05946XSH7 SEN 3.96000% 18,598,000.00 61,373.40 3-P BAF0500BP SEN 0.00000% 0.00 89,251.96 3-CE BAF0500BC SEN 0.00000% 5,424,574.91 1,471,216.15 3-B-1 05946XSJ3 SUB 4.46000% 12,787,000.00 47,525.02 3-B-2 05946XSN4 SUB 5.26000% 3,875,000.00 16,985.42 3-B-3 05946XSP9 SUB 5.26000% 5,424,000.00 23,775.20 CB-1 05946XSD6 SUB 5.20622% 4,753,907.91 20,624.90 CB-2 05946XSE4 SUB 5.20622% 3,710,245.36 16,096.95 CB-3 05946XSF1 SUB 5.20622% 2,434,879.73 10,563.76 CB-4 05946XSK0 SUB 5.20622% 1,854,623.32 8,046.31 CB-5 05946XSL8 SUB 5.20622% 1,392,215.89 6,040.15 CB-6 05946XSM6 SUB 5.20622% 927,692.17 4,024.81 Totals 961,388,944.21 4,703,010.15
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A-1 2,265,946.01 0.00 89,806,273.11 2,671,737.89 0.00 1-A-R 0.00 0.00 0.00 0.00 0.00 2-A-1 4,123,361.79 0.00 113,319,915.59 4,626,423.84 0.00 3-A-1 7,962,702.73 0.00 257,996,868.63 8,736,201.82 0.00 3-A-1A 4,279,964.49 0.00 106,673,698.24 4,600,805.50 0.00 3-A-1B 0.00 0.00 32,000,000.00 95,200.00 0.00 3-A-2 3,225,535.73 0.00 96,787,863.17 3,517,241.48 0.00 3-A-2A 3,004,718.94 0.00 68,161,867.52 3,211,102.04 0.00 3-A-2B 0.00 0.00 22,000,000.00 65,450.00 0.00 3-A-3 2,052,572.57 0.00 64,847,516.42 2,251,042.83 0.00 3-M-1 0.00 0.00 21,698,000.00 67,082.98 0.00 3-M-2 0.00 0.00 18,598,000.00 61,373.40 0.00 3-P 0.00 0.00 0.00 89,251.96 0.00 3-CE 0.00 0.00 5,424,574.91 1,471,216.15 0.00 3-B-1 0.00 0.00 12,787,000.00 47,525.02 0.00 3-B-2 0.00 0.00 3,875,000.00 16,985.42 0.00 3-B-3 0.00 0.00 5,424,000.00 23,775.20 0.00 CB-1 2,052.46 0.00 4,751,855.46 22,677.36 0.00 CB-2 1,601.87 0.00 3,708,643.49 17,698.82 0.00 CB-3 1,051.24 0.00 2,433,828.49 11,615.00 0.00 CB-4 800.72 0.00 1,853,822.60 8,847.03 0.00 CB-5 601.08 0.00 1,391,614.81 6,641.23 0.00 CB-6 400.52 0.00 927,291.65 4,425.33 0.00 Totals 26,921,310.15 0.00 934,467,634.09 31,624,320.30 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) 1-A-1 96,530,000.00 92,072,219.12 42,596.85 2,223,349.16 0.00 0.00 1-A-R 100.00 0.00 0.00 0.00 0.00 0.00 2-A-1 120,572,000.00 117,443,277.38 47,800.37 4,075,561.42 0.00 0.00 3-A-1 279,069,000.00 265,959,571.35 0.00 7,962,702.73 0.00 0.00 3-A-1A 118,000,000.00 110,953,662.72 0.00 4,279,964.49 0.00 0.00 3-A-1B 32,000,000.00 32,000,000.00 0.00 0.00 0.00 0.00 3-A-2 107,349,000.00 100,013,398.90 0.00 3,225,535.73 0.00 0.00 3-A-2A 78,000,000.00 71,166,586.46 0.00 3,004,718.94 0.00 0.00 3-A-2B 22,000,000.00 22,000,000.00 0.00 0.00 0.00 0.00 3-A-3 70,714,000.00 66,900,088.99 0.00 2,052,572.57 0.00 0.00 3-M-1 21,698,000.00 21,698,000.00 0.00 0.00 0.00 0.00 3-M-2 18,598,000.00 18,598,000.00 0.00 0.00 0.00 0.00 3-P 0.00 0.00 0.00 0.00 0.00 0.00 3-CE 5,424,272.00 5,424,574.91 0.00 0.00 0.00 0.00 3-B-1 12,787,000.00 12,787,000.00 0.00 0.00 0.00 0.00 3-B-2 3,875,000.00 3,875,000.00 0.00 0.00 0.00 0.00 3-B-3 5,424,000.00 5,424,000.00 0.00 0.00 0.00 0.00 CB-1 4,760,000.00 4,753,907.91 2,052.46 0.00 0.00 0.00 CB-2 3,715,000.00 3,710,245.36 1,601.87 0.00 0.00 0.00 CB-3 2,438,000.00 2,434,879.73 1,051.24 0.00 0.00 0.00 CB-4 1,857,000.00 1,854,623.32 800.72 0.00 0.00 0.00 CB-5 1,394,000.00 1,392,215.89 601.08 0.00 0.00 0.00 CB-6 928,881.00 927,692.17 400.52 0.00 0.00 0.00 Totals 1,007,133,253.00 961,388,944.21 96,905.11 26,824,405.04 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 1-A-1 2,265,946.01 89,806,273.11 0.93034573 2,265,946.01 1-A-R 0.00 0.00 0.00000000 0.00 2-A-1 4,123,361.79 113,319,915.59 0.93985267 4,123,361.79 3-A-1 7,962,702.73 257,996,868.63 0.92449132 7,962,702.73 3-A-1A 4,279,964.49 106,673,698.24 0.90401439 4,279,964.49 3-A-1B 0.00 32,000,000.00 1.00000000 0.00 3-A-2 3,225,535.73 96,787,863.17 0.90161868 3,225,535.73 3-A-2A 3,004,718.94 68,161,867.52 0.87387010 3,004,718.94 3-A-2B 0.00 22,000,000.00 1.00000000 0.00 3-A-3 2,052,572.57 64,847,516.42 0.91703929 2,052,572.57 3-M-1 0.00 21,698,000.00 1.00000000 0.00 3-M-2 0.00 18,598,000.00 1.00000000 0.00 3-P 0.00 0.00 0.00000000 0.00 3-CE 0.00 5,424,574.91 1.00005584 0.00 3-B-1 0.00 12,787,000.00 1.00000000 0.00 3-B-2 0.00 3,875,000.00 1.00000000 0.00 3-B-3 0.00 5,424,000.00 1.00000000 0.00 CB-1 2,052.46 4,751,855.46 0.99828896 2,052.46 CB-2 1,601.87 3,708,643.49 0.99828896 1,601.87 CB-3 1,051.24 2,433,828.49 0.99828896 1,051.24 CB-4 800.72 1,853,822.60 0.99828896 800.72 CB-5 601.08 1,391,614.81 0.99828896 601.08 CB-6 400.52 927,291.65 0.99828896 400.52 Totals 26,921,310.15 934,467,634.09 0.92784905 26,921,310.15
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 96,530,000.00 953.81973604 0.44128095 23.03272724 0.00000000 1-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 120,572,000.00 974.05100173 0.39644669 33.80188949 0.00000000 3-A-1 279,069,000.00 953.02441815 0.00000000 28.53309658 0.00000000 3-A-1A 118,000,000.00 940.28527729 0.00000000 36.27088551 0.00000000 3-A-1B 32,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-2 107,349,000.00 931.66586461 0.00000000 30.04718935 0.00000000 3-A-2A 78,000,000.00 912.39213410 0.00000000 38.52203769 0.00000000 3-A-2B 22,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-A-3 70,714,000.00 946.06568699 0.00000000 29.02639605 0.00000000 3-M-1 21,698,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-M-2 18,598,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 3-CE 5,424,272.00 1000.05584344 0.00000000 0.00000000 0.00000000 3-B-1 12,787,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-B-2 3,875,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 3-B-3 5,424,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CB-1 4,760,000.00 998.72014916 0.43118908 0.00000000 0.00000000 CB-2 3,715,000.00 998.72015074 0.43118977 0.00000000 0.00000000 CB-3 2,438,000.00 998.72015176 0.43118950 0.00000000 0.00000000 CB-4 1,857,000.00 998.72015078 0.43119009 0.00000000 0.00000000 CB-5 1,394,000.00 998.72015065 0.43119082 0.00000000 0.00000000 CB-6 928,881.00 998.72014822 0.43118548 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 1-A-1 0.00000000 23.47400818 930.34572786 0.93034573 23.47400818 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 34.19833618 939.85266554 0.93985267 34.19833618 3-A-1 0.00000000 28.53309658 924.49132161 0.92449132 28.53309658 3-A-1A 0.00000000 36.27088551 904.01439186 0.90401439 36.27088551 3-A-1B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-2 0.00000000 30.04718935 901.61867526 0.90161868 30.04718935 3-A-2A 0.00000000 38.52203769 873.87009641 0.87387010 38.52203769 3-A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-A-3 0.00000000 29.02639605 917.03929095 0.91703929 29.02639605 3-M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-CE 0.00000000 0.00000000 1,000.05584344 1.00005584 0.00000000 3-B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 3-B-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CB-1 0.00000000 0.43118908 998.28896218 0.99828896 0.43118908 CB-2 0.00000000 0.43118977 998.28896097 0.99828896 0.43118977 CB-3 0.00000000 0.43118950 998.28896226 0.99828896 0.43118950 CB-4 0.00000000 0.43119009 998.28896069 0.99828896 0.43119009 CB-5 0.00000000 0.43119082 998.28895983 0.99828896 0.43119082 CB-6 0.00000000 0.43118548 998.28896274 0.99828896 0.43118548 (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 1-A-1 96,530,000.00 5.28879% 92,072,219.12 405,791.88 0.00 0.00 1-A-R 100.00 5.28860% 0.00 0.00 0.00 0.00 2-A-1 120,572,000.00 5.14014% 117,443,277.38 503,062.05 0.00 0.00 3-A-1 279,069,000.00 3.49000% 265,959,571.35 773,499.09 0.00 0.00 3-A-1A 118,000,000.00 3.47000% 110,953,662.72 320,841.01 0.00 0.00 3-A-1B 32,000,000.00 3.57000% 32,000,000.00 95,200.00 0.00 0.00 3-A-2 107,349,000.00 3.50000% 100,013,398.90 291,705.75 0.00 0.00 3-A-2A 78,000,000.00 3.48000% 71,166,586.46 206,383.10 0.00 0.00 3-A-2B 22,000,000.00 3.57000% 22,000,000.00 65,450.00 0.00 0.00 3-A-3 70,714,000.00 3.56000% 66,900,088.99 198,470.26 0.00 0.00 3-M-1 21,698,000.00 3.71000% 21,698,000.00 67,082.98 0.00 0.00 3-M-2 18,598,000.00 3.96000% 18,598,000.00 61,373.40 0.00 0.00 3-P 0.00 0.00000% 0.00 0.00 0.00 0.00 3-CE 5,424,272.00 0.00000% 5,424,574.91 0.00 0.00 0.00 3-B-1 12,787,000.00 4.46000% 12,787,000.00 47,525.02 0.00 0.00 3-B-2 3,875,000.00 5.26000% 3,875,000.00 16,985.42 0.00 0.00 3-B-3 5,424,000.00 5.26000% 5,424,000.00 23,775.20 0.00 0.00 CB-1 4,760,000.00 5.20622% 4,753,907.91 20,624.90 0.00 0.00 CB-2 3,715,000.00 5.20622% 3,710,245.36 16,096.95 0.00 0.00 CB-3 2,438,000.00 5.20622% 2,434,879.73 10,563.76 0.00 0.00 CB-4 1,857,000.00 5.20622% 1,854,623.32 8,046.31 0.00 0.00 CB-5 1,394,000.00 5.20622% 1,392,215.89 6,040.15 0.00 0.00 CB-6 928,881.00 5.20622% 927,692.17 4,024.81 0.00 0.00 Totals 1,007,133,253.00 3,142,542.04 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 1-A-1 0.00 0.00 405,791.88 0.00 89,806,273.11 1-A-R 0.00 0.00 0.00 0.00 0.00 2-A-1 0.00 0.00 503,062.05 0.00 113,319,915.59 3-A-1 0.00 0.00 773,499.09 0.00 257,996,868.63 3-A-1A 0.00 0.00 320,841.01 0.00 106,673,698.24 3-A-1B 0.00 0.00 95,200.00 0.00 32,000,000.00 3-A-2 0.00 0.00 291,705.75 0.00 96,787,863.17 3-A-2A 0.00 0.00 206,383.10 0.00 68,161,867.52 3-A-2B 0.00 0.00 65,450.00 0.00 22,000,000.00 3-A-3 0.00 0.00 198,470.26 0.00 64,847,516.42 3-M-1 0.00 0.00 67,082.98 0.00 21,698,000.00 3-M-2 0.00 0.00 61,373.40 0.00 18,598,000.00 3-P 0.00 0.00 89,251.96 0.00 0.00 3-CE 0.00 0.00 1,471,216.15 0.00 5,424,574.91 3-B-1 0.00 0.00 47,525.02 0.00 12,787,000.00 3-B-2 0.00 0.00 16,985.42 0.00 3,875,000.00 3-B-3 0.00 0.00 23,775.20 0.00 5,424,000.00 CB-1 0.00 0.00 20,624.90 0.00 4,751,855.46 CB-2 0.00 0.00 16,096.95 0.00 3,708,643.49 CB-3 0.00 0.00 10,563.76 0.00 2,433,828.49 CB-4 0.00 0.00 8,046.31 0.00 1,853,822.60 CB-5 0.00 0.00 6,040.15 0.00 1,391,614.81 CB-6 0.00 0.00 4,024.81 0.00 927,291.65 Totals 0.00 0.00 4,703,010.15 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 1-A-1 96,530,000.00 5.28879% 953.81973604 4.20379032 0.00000000 0.00000000 1-A-R 100.00 5.28860% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 120,572,000.00 5.14014% 974.05100173 4.17229581 0.00000000 0.00000000 3-A-1 279,069,000.00 3.49000% 953.02441815 2.77171269 0.00000000 0.00000000 3-A-1A 118,000,000.00 3.47000% 940.28527729 2.71899161 0.00000000 0.00000000 3-A-1B 32,000,000.00 3.57000% 1000.00000000 2.97500000 0.00000000 0.00000000 3-A-2 107,349,000.00 3.50000% 931.66586461 2.71735880 0.00000000 0.00000000 3-A-2A 78,000,000.00 3.48000% 912.39213410 2.64593718 0.00000000 0.00000000 3-A-2B 22,000,000.00 3.57000% 1000.00000000 2.97500000 0.00000000 0.00000000 3-A-3 70,714,000.00 3.56000% 946.06568699 2.80666148 0.00000000 0.00000000 3-M-1 21,698,000.00 3.71000% 1000.00000000 3.09166651 0.00000000 0.00000000 3-M-2 18,598,000.00 3.96000% 1000.00000000 3.30000000 0.00000000 0.00000000 3-P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 3-CE 5,424,272.00 0.00000% 1000.05584344 0.00000000 0.00000000 0.00000000 3-B-1 12,787,000.00 4.46000% 1000.00000000 3.71666693 0.00000000 0.00000000 3-B-2 3,875,000.00 5.26000% 1000.00000000 4.38333419 0.00000000 0.00000000 3-B-3 5,424,000.00 5.26000% 1000.00000000 4.38333333 0.00000000 0.00000000 CB-1 4,760,000.00 5.20622% 998.72014916 4.33296218 0.00000000 0.00000000 CB-2 3,715,000.00 5.20622% 998.72015074 4.33296097 0.00000000 0.00000000 CB-3 2,438,000.00 5.20622% 998.72015176 4.33296144 0.00000000 0.00000000 CB-4 1,857,000.00 5.20622% 998.72015078 4.33296177 0.00000000 0.00000000 CB-5 1,394,000.00 5.20622% 998.72015065 4.33296270 0.00000000 0.00000000 CB-6 928,881.00 5.20622% 998.72014822 4.33296622 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 1-A-1 0.00000000 0.00000000 4.20379032 0.00000000 930.34572786 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 4.17229581 0.00000000 939.85266554 3-A-1 0.00000000 0.00000000 2.77171269 0.00000000 924.49132161 3-A-1A 0.00000000 0.00000000 2.71899161 0.00000000 904.01439186 3-A-1B 0.00000000 0.00000000 2.97500000 0.00000000 1000.00000000 3-A-2 0.00000000 0.00000000 2.71735880 0.00000000 901.61867526 3-A-2A 0.00000000 0.00000000 2.64593718 0.00000000 873.87009641 3-A-2B 0.00000000 0.00000000 2.97500000 0.00000000 1000.00000000 3-A-3 0.00000000 0.00000000 2.80666148 0.00000000 917.03929095 3-M-1 0.00000000 0.00000000 3.09166651 0.00000000 1000.00000000 3-M-2 0.00000000 0.00000000 3.30000000 0.00000000 1000.00000000 3-P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3-CE 0.00000000 0.00000000 271.22831414 0.00000000 1000.05584344 3-B-1 0.00000000 0.00000000 3.71666693 0.00000000 1000.00000000 3-B-2 0.00000000 0.00000000 4.38333419 0.00000000 1000.00000000 3-B-3 0.00000000 0.00000000 4.38333333 0.00000000 1000.00000000 CB-1 0.00000000 0.00000000 4.33296218 0.00000000 998.28896218 CB-2 0.00000000 0.00000000 4.33296097 0.00000000 998.28896097 CB-3 0.00000000 0.00000000 4.33296144 0.00000000 998.28896226 CB-4 0.00000000 0.00000000 4.33296177 0.00000000 998.28896069 CB-5 0.00000000 0.00000000 4.33296270 0.00000000 998.28895983 CB-6 0.00000000 0.00000000 4.33296622 0.00000000 998.28896274 (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 3-A-3A 3.56000% 0.00 0.00 45,435,439.14 44,075,123.76 92.44913217% 3-A-3B 3.56000% 0.00 0.00 21,464,649.85 20,772,392.66 90.16186753%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 31,811,277.21 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 92,827.43 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 31,904,104.64 Withdrawals Reimbursement for Servicer Advances 78,317.98 Payment of Service Fee 201,466.36 Payment of Interest and Principal 31,624,320.30 Total Withdrawals (Pool Distribution Amount) 31,904,104.64 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 201,466.36 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 201,466.36
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 58 0 0 0 58 15,524,732.86 0.00 0.00 0.00 15,524,732.86 60 Days 3 0 0 0 3 734,741.99 0.00 0.00 0.00 734,741.99 90 Days 7 0 0 0 7 1,524,978.08 0.00 0.00 0.00 1,524,978.08 120 Days 1 0 0 0 1 128,000.00 0.00 0.00 0.00 128,000.00 150 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 69 0 0 0 69 17,912,452.93 0.00 0.00 0.00 17,912,452.93 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 1.497547% 0.000000% 0.000000% 0.000000% 1.497547% 1.661038% 0.000000% 0.000000% 0.000000% 1.661038% 60 Days 0.077459% 0.000000% 0.000000% 0.000000% 0.077459% 0.078612% 0.000000% 0.000000% 0.000000% 0.078612% 90 Days 0.180738% 0.000000% 0.000000% 0.000000% 0.180738% 0.163162% 0.000000% 0.000000% 0.000000% 0.163162% 120 Days 0.025820% 0.000000% 0.000000% 0.000000% 0.025820% 0.013695% 0.000000% 0.000000% 0.000000% 0.013695% 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 1.781565% 0.000000% 0.000000% 0.000000% 1.781565% 1.916508% 0.000000% 0.000000% 0.000000% 1.916508%
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 7 0 0 0 7 1,601,813.29 0.00 0.00 0.00 1,601,813.29 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 7 0 0 0 7 1,601,813.29 0.00 0.00 0.00 1,601,813.29 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.518438% 0.000000% 0.000000% 0.000000% 1.518438% 1.659315% 0.000000% 0.000000% 0.000000% 1.659315% 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 1.518438% 0.000000% 0.000000% 0.000000% 1.518438% 1.659315% 0.000000% 0.000000% 0.000000% 1.659315% 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 3 0 0 0 3 656,920.98 0.00 0.00 0.00 656,920.98 60 Days 1 0 0 0 1 245,000.00 0.00 0.00 0.00 245,000.00 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 4 0 0 0 4 901,920.98 0.00 0.00 0.00 901,920.98 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.785340% 0.000000% 0.000000% 0.000000% 0.785340% 0.539647% 0.000000% 0.000000% 0.000000% 0.539647% 60 Days 0.261780% 0.000000% 0.000000% 0.000000% 0.261780% 0.201262% 0.000000% 0.000000% 0.000000% 0.201262% 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 1.047120% 0.000000% 0.000000% 0.000000% 1.047120% 0.740909% 0.000000% 0.000000% 0.000000% 0.740909% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3A 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 40 0 0 0 40 8,667,035.83 0.00 0.00 0.00 8,667,035.83 60 Days 1 0 0 0 1 74,923.53 0.00 0.00 0.00 74,923.53 90 Days 5 0 0 0 5 384,778.08 0.00 0.00 0.00 384,778.08 120 Days 1 0 0 0 1 128,000.00 0.00 0.00 0.00 128,000.00 150 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 47 0 0 0 47 9,254,737.44 0.00 0.00 0.00 9,254,737.44 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.536098% 0.000000% 0.000000% 0.000000% 1.536098% 1.781371% 0.000000% 0.000000% 0.000000% 1.781371% 60 Days 0.038402% 0.000000% 0.000000% 0.000000% 0.038402% 0.015399% 0.000000% 0.000000% 0.000000% 0.015399% 90 Days 0.192012% 0.000000% 0.000000% 0.000000% 0.192012% 0.079085% 0.000000% 0.000000% 0.000000% 0.079085% 120 Days 0.038402% 0.000000% 0.000000% 0.000000% 0.038402% 0.026308% 0.000000% 0.000000% 0.000000% 0.026308% 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 1.804916% 0.000000% 0.000000% 0.000000% 1.804916% 1.902164% 0.000000% 0.000000% 0.000000% 1.902164% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3B No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 8 0 0 0 8 4,598,962.76 0.00 0.00 0.00 4,598,962.76 60 Days 1 0 0 0 1 414,818.46 0.00 0.00 0.00 414,818.46 90 Days 2 0 0 0 2 1,140,200.00 0.00 0.00 0.00 1,140,200.00 120 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 11 0 0 0 11 6,153,981.22 0.00 0.00 0.00 6,153,981.22 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.877934% 0.000000% 0.000000% 0.000000% 1.877934% 2.000970% 0.000000% 0.000000% 0.000000% 2.000970% 60 Days 0.234742% 0.000000% 0.000000% 0.000000% 0.234742% 0.180484% 0.000000% 0.000000% 0.000000% 0.180484% 90 Days 0.469484% 0.000000% 0.000000% 0.000000% 0.469484% 0.496091% 0.000000% 0.000000% 0.000000% 0.496091% 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 2.582160% 0.000000% 0.000000% 0.000000% 2.582160% 2.677545% 0.000000% 0.000000% 0.000000% 2.677545%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 92,827.43
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3A 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3B 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current REO Total Dec-04 0.000% Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current Foreclosure Total Dec-04 0.000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current Foreclosure Total Dec-04 0.000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current Foreclosure Total Dec-04 0.000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3A 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current Foreclosure Total Dec-04 0.000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3B 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Aug-04 0.000% Original Principal Balance 0.00 Sep-04 0.000% Current Principal Balance 0.00 Oct-04 0.000% Nov-04 0.000% Current Foreclosure Total Dec-04 0.000% Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
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 No Foreclosure loans this period.
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 No Foreclosure loans this period.
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 6.010334% Weighted Average Net Coupon 5.758803% Weighted Average Pass-Through Rate 5.758803% Weighted Average Maturity(Stepdown Calculation) 355 Beginning Scheduled Collateral Loan Count 3,973 Number Of Loans Paid In Full 100 Ending Scheduled Collateral Loan Count 3,873 Beginning Scheduled Collateral Balance 961,388,944.26 Ending Scheduled Collateral Balance 934,467,634.12 Ending Actual Collateral Balance at 30-Jun-2005 934,640,281.97 Monthly P&I Constant 5,044,940.32 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 229,716.35 Unscheduled Principal 26,691,593.79 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 5,424,574.91 Overcollateralized Amount 5,424,574.91 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 0.00
Miscellaneous Reporting Excess cash 1,471,216.15 Group 3 Overcollateralization Amount 5,424,574.91 Group 3 Overcollateralization Deficiency 0.00 Group 3 Overcollateralization Release 0.00 Group 3 Target Overcollateralization 5,424,574.91
Group Level Collateral Statement Group 1 2 3A Collateral Description Mixed Fixed Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 5.540810 5.390137 6.192776 Weighted Average Net Rate 5.288785 5.140135 5.942239 Weighted Average Maturity 355 355 355 Beginning Loan Count 470 390 2,673 Loans Paid In Full 9 8 69 Ending Loan Count 461 382 2,604 Beginning Scheduled Balance 98,773,033.00 125,816,027.93 500,063,529.14 Ending Scheduled Balance 96,503,986.88 121,689,258.36 486,460,546.55 Record Date 06/30/2005 06/30/2005 06/30/2005 Principal And Interest Constant 501,765.79 616,346.15 2,683,212.03 Scheduled Principal 45,696.96 51,208.15 102,560.92 Unscheduled Principal 2,223,349.16 4,075,561.42 13,500,421.67 Scheduled Interest 456,068.83 565,138.00 2,580,651.11 Servicing Fees 20,744.45 26,211.67 104,403.25 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 435,324.38 538,926.33 2,476,247.86 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 Pass-Through Rate 5.288785 5.140135 5.942239
Group Level Collateral Statement Group 3B Total Collateral Description Mixed Fixed Mixed Fixed Weighted Average Coupon Rate 6.150467 6.010334 Weighted Average Net Rate 5.896226 5.758803 Weighted Average Maturity 355 355 Beginning Loan Count 440 3,973 Loans Paid In Full 14 100 Ending Loan Count 426 3,873 Beginning Scheduled Balance 236,736,354.19 961,388,944.26 Ending scheduled Balance 229,813,842.33 934,467,634.12 Record Date 06/30/2005 06/30/2005 Principal And Interest Constant 1,243,616.35 5,044,940.32 Scheduled Principal 30,250.32 229,716.35 Unscheduled Principal 6,892,261.54 26,691,593.79 Scheduled Interest 1,213,366.03 4,815,223.97 Servicing Fees 50,156.75 201,516.12 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 1,163,209.28 4,613,707.85 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 5.896226 5.758803
Miscellaneous Reporting Group 1 CPR % 23.915876% Senior Prepayment Percentage 100.000000% Senior Percentage 93.215948% Subordinate Percentage 6.784052% Subordinate Prepayment Percentage 0.000000% Group 2 CPR % 32.653217% Senior Prepayment Percentage 100.000000% Senior Percentage 93.345243% Subordinate Percentage 6.654757% Subordinate Prepayment Percentage 0.000000% Group 3A CPR % 27.999042%
Miscellaneous Reporting Group 3B CPR % 29.854354%
Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance 1 9 2,211,600.00 2,205,169.47 0 0.00 0.00 2 8 4,060,850.00 4,056,921.92 0 0.00 0.00 3A 69 13,472,146.00 13,456,998.69 0 0.00 0.00 3B 15 7,543,385.00 7,535,222.11 0 0.00 0.00 Total 101 27,287,981.00 27,254,312.19 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount 1 0 0.00 0.00 0 0.00 0.00 19,502.70 2 0 0.00 0.00 0 0.00 0.00 19,913.27 3A 0 0.00 0.00 0 0.00 0.00 46,211.47 3B 0 0.00 0.00 0 0.00 0.00 (641,997.31) Total 0 0.00 0.00 0 0.00 0.00 (556,369.87)
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0085166296 NY 71.61 01-Feb-2005 333,000.00 330,888.81 1 0085498152 VA 80.00 01-Jan-2005 160,000.00 158,727.96 1 0085573012 UT 77.42 01-Feb-2005 240,000.00 239,965.75 1 0085580207 IL 80.00 01-Mar-2005 244,000.00 242,652.31 1 0085592319 NY 72.39 01-Feb-2005 333,000.00 330,888.81 1 0085729606 IL 80.00 01-Feb-2005 123,200.00 122,322.83 1 0085807220 MD 85.00 01-Mar-2005 199,750.00 199,750.00 1 0202008348 IL 80.00 01-Mar-2005 222,400.00 222,400.00 1 0202055083 CA 78.30 01-Mar-2005 356,250.00 356,249.99 2 6028811476 VA 70.00 01-Mar-2005 196,700.00 196,700.00 2 6097668369 CA 80.00 01-Apr-2005 244,000.00 242,924.32 2 6138672693 CA 50.00 01-Mar-2005 1,000,000.00 999,857.60 2 6265083540 CA 65.72 01-Mar-2005 509,300.00 509,300.00 2 6693059757 CA 80.00 01-Apr-2005 920,000.00 920,000.00 2 6715494727 CT 80.00 01-Apr-2005 352,000.00 350,519.36 2 6852719712 NC 80.00 01-Apr-2005 257,600.00 257,600.00 2 6944461893 MI 75.00 01-Apr-2005 581,250.00 578,746.87 3A 0003818468 CA 38.18 01-Mar-2005 210,000.00 208,984.35 3A 0084691997 MN 80.00 01-Nov-2004 244,000.00 243,999.95 3A 0084830058 NV 80.00 01-Nov-2004 180,000.00 180,000.00 3A 0085052546 MA 80.00 01-Feb-2005 277,200.00 277,200.00 3A 0085333474 MN 80.00 01-Feb-2005 336,000.00 336,000.00 3A 0085380459 MA 77.46 01-Jan-2005 134,000.00 133,178.58 3A 0085429330 NV 79.99 01-Feb-2005 146,700.00 146,699.98 3A 0085430007 MO 55.68 01-Feb-2005 127,500.00 127,499.99 3A 0085444024 ID 80.00 01-Feb-2005 192,000.00 190,838.72 3A 0085473189 FL 80.00 01-Jan-2005 164,000.00 162,945.10 3A 0085489334 NY 80.00 01-Mar-2005 356,000.00 354,082.70 3A 0085495976 IL 80.00 01-Feb-2005 132,000.00 131,220.32 3A 0085522290 OH 80.00 01-Mar-2005 143,200.00 142,545.64 3A 0085522902 OH 80.00 01-Mar-2005 143,200.00 142,545.64 3A 0085558740 CO 79.54 01-Feb-2005 190,900.00 190,899.98 3A 0085577096 OR 80.00 01-Apr-2005 176,000.00 176,000.00 3A 0085583938 CO 80.00 01-Feb-2005 188,000.00 187,976.44 3A 0085596187 IL 80.00 01-Feb-2005 142,400.00 141,598.01 3A 0085620797 MA 80.00 01-Feb-2005 147,900.00 147,005.43 3A 0085632289 MA 88.83 01-Feb-2005 493,000.00 490,479.06 3A 0085639532 IL 54.50 01-Feb-2005 115,000.00 114,382.76 3A 0085644854 IL 80.00 01-Mar-2005 118,400.00 117,752.10 3A 0085673176 NV 80.00 01-Feb-2005 253,600.00 253,600.00 3A 0085696912 FL 80.00 01-Mar-2005 104,000.00 103,891.03 3A 0085699502 WA 80.00 01-Feb-2005 204,000.00 204,000.00 3A 0085707974 NV 69.99 01-Feb-2005 175,150.00 175,104.39 3A 0085747566 IL 80.00 01-Feb-2005 174,400.00 173,369.86 3A 0085779874 GA 79.80 01-Mar-2005 346,000.00 345,999.99 3A 0085827418 CA 80.00 01-Apr-2005 184,000.00 184,000.00 3A 0085842748 MD 80.00 01-Mar-2005 113,600.00 113,600.00 3A 0085849602 GA 80.00 01-Mar-2005 138,000.00 138,000.00 3A 0085857423 UT 80.00 01-Mar-2005 158,000.00 157,163.77 3A 0085870475 FL 80.00 01-Mar-2005 188,000.00 188,000.00 3A 0085892453 NC 80.00 01-Mar-2005 174,400.00 174,399.99 3A 0085893170 CA 80.00 01-Mar-2005 280,000.00 280,000.00 3A 0085893931 AZ 80.00 01-Mar-2005 151,600.00 151,600.00 3A 0085897239 MI 80.00 01-Apr-2005 128,800.00 128,766.08 3A 0085916120 UT 80.00 01-Mar-2005 132,000.00 131,320.47 3A 0085917532 CO 79.98 01-Mar-2005 81,500.00 81,500.00 3A 0085929917 MD 75.00 01-Mar-2005 330,000.00 330,000.00 3A 0085935385 MN 80.00 01-Apr-2005 379,200.00 379,200.00 3A 0085940252 CO 80.00 01-Mar-2005 124,400.00 124,400.00 3A 0085963171 MD 80.00 01-Mar-2005 300,000.00 300,000.00 3A 0085976066 FL 79.99 01-Mar-2005 162,700.00 162,699.98 3A 0085982601 CA 80.00 01-Apr-2005 271,200.00 271,200.00 3A 0086008521 IL 79.81 01-Apr-2005 211,500.00 211,499.99 3A 0086009768 WA 80.00 01-Apr-2005 244,000.00 243,932.64 3A 0086019544 VA 74.46 01-Apr-2005 242,000.00 242,000.00 3A 0086027117 UT 80.00 01-Mar-2005 91,600.00 91,094.04 3A 0086029287 AZ 80.00 01-Apr-2005 73,600.00 73,600.00 3A 0086047362 MI 90.00 01-Apr-2005 165,600.00 165,600.00 3A 0086070018 CO 80.00 01-Apr-2005 216,800.00 216,800.00 3A 0086070588 VA 80.00 01-Apr-2005 208,000.00 208,000.00 3A 0086100054 AZ 80.00 01-Apr-2005 165,600.00 165,600.00 3A 0086111846 OR 76.43 01-Apr-2005 141,400.00 141,399.89 3A 0201900198 FL 79.97 01-Feb-2005 124,750.00 124,749.96 3A 0201922341 CA 79.57 01-Feb-2005 296,000.00 295,234.56 3A 0201939246 CA 80.00 01-Jan-2005 252,000.00 251,998.31 3A 0201949906 VA 63.51 01-Jan-2005 94,000.00 93,999.99 3A 0201951423 AZ 79.98 01-Apr-2005 146,950.00 146,905.60 3A 0201990355 OR 80.00 01-Feb-2005 252,000.00 251,958.54 3A 0201992005 AZ 80.00 01-Feb-2005 259,200.00 258,990.40 3A 0202016283 VA 79.99 01-Feb-2005 191,900.00 191,900.00 3A 0202051132 WA 90.00 01-Mar-2005 306,000.00 306,000.00 3A 0202055570 FL 80.00 01-Feb-2005 149,950.00 149,950.00 3A 0202061859 AZ 80.00 01-Mar-2005 106,246.00 106,245.98 3A 0202066221 CA 75.23 01-Mar-2005 247,500.00 247,500.00 3A 0202113643 AZ 80.00 01-Apr-2005 141,600.00 141,600.00 3A 0202165502 WA 80.00 01-Apr-2005 232,000.00 231,999.99 3B 0085091288 VA 79.99 01-Mar-2005 424,950.00 424,950.00 3B 0085350601 IL 79.20 01-Feb-2005 516,300.00 516,300.00 3B 0085613438 CA 80.00 01-Feb-2005 512,000.00 512,000.00 3B 0085645844 ID 80.00 01-Feb-2005 440,000.00 437,401.07 3B 0085821528 CA 79.99 01-Apr-2005 419,200.00 419,200.00 3B 0085889699 TX 77.23 01-Mar-2005 405,450.00 405,450.00 3B 0085948495 CA 80.00 01-Apr-2005 476,000.00 476,000.00 3B 0085992717 NJ 80.00 01-Mar-2005 532,000.00 532,000.00 3B 0086008836 CA 80.00 01-Apr-2005 545,150.00 545,150.00 3B 0086059656 CA 79.99 01-Apr-2005 366,050.00 366,049.99 3B 0201886546 VA 80.00 01-Jan-2005 464,785.00 464,784.99 3B 0201921525 CA 80.00 01-Jan-2005 412,000.00 412,000.00 3B 0202046439 CA 72.95 01-Mar-2005 650,000.00 649,999.75 3B 6284152805 CA 55.00 01-Apr-2005 825,000.00 821,068.38 3B 6344362782 MO 74.43 01-Mar-2005 554,500.00 551,904.67
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0085166296 Loan Paid in Full (1) 5.750% 360 5 1 0085498152 Loan Paid in Full 0 5.375% 360 6 1 0085573012 Loan Paid in Full 0 5.375% 360 5 1 0085580207 Loan Paid in Full 0 5.500% 360 4 1 0085592319 Loan Paid in Full (1) 5.750% 360 5 1 0085729606 Loan Paid in Full 0 5.125% 360 5 1 0085807220 Loan Paid in Full 0 5.750% 360 4 1 0202008348 Loan Paid in Full 0 5.625% 360 4 1 0202055083 Loan Paid in Full 0 5.375% 360 4 2 6028811476 Loan Paid in Full 0 5.625% 360 4 2 6097668369 Loan Paid in Full 0 5.500% 360 4 2 6138672693 Loan Paid in Full 0 5.375% 360 4 2 6265083540 Loan Paid in Full 3 5.125% 360 4 2 6693059757 Loan Paid in Full 0 4.875% 360 4 2 6715494727 Loan Paid in Full 0 5.750% 360 4 2 6852719712 Loan Paid in Full 0 4.875% 360 4 2 6944461893 Loan Paid in Full 0 5.625% 360 4 3A 0003818468 Loan Paid in Full 0 5.000% 360 4 3A 0084691997 Loan Paid in Full 0 5.500% 360 8 3A 0084830058 Loan Paid in Full 0 5.875% 360 8 3A 0085052546 Loan Paid in Full 0 6.250% 360 5 3A 0085333474 Loan Paid in Full 0 6.500% 360 5 3A 0085380459 Loan Paid in Full (1) 6.750% 360 6 3A 0085429330 Loan Paid in Full 0 6.750% 360 5 3A 0085430007 Loan Paid in Full 0 6.375% 360 5 3A 0085444024 Loan Paid in Full (1) 6.000% 360 5 3A 0085473189 Loan Paid in Full 1 6.500% 360 6 3A 0085489334 Loan Paid in Full 0 5.875% 360 4 3A 0085495976 Loan Paid in Full 0 6.125% 360 5 3A 0085522290 Loan Paid in Full 0 6.500% 360 4 3A 0085522902 Loan Paid in Full 0 6.500% 360 4 3A 0085558740 Loan Paid in Full (1) 6.250% 360 5 3A 0085577096 Loan Paid in Full 0 6.625% 360 4 3A 0085583938 Loan Paid in Full 0 5.500% 360 5 3A 0085596187 Loan Paid in Full 0 6.375% 360 5 3A 0085620797 Loan Paid in Full (1) 6.000% 360 5 3A 0085632289 Loan Paid in Full (1) 6.875% 360 5 3A 0085639532 Loan Paid in Full (1) 6.625% 360 5 3A 0085644854 Loan Paid in Full 0 6.250% 360 4 3A 0085673176 Loan Paid in Full 0 6.375% 360 5 3A 0085696912 Loan Paid in Full 0 6.375% 360 4 3A 0085699502 Loan Paid in Full 0 6.250% 360 5 3A 0085707974 Loan Paid in Full 0 6.250% 360 5 3A 0085747566 Loan Paid in Full 1 6.125% 360 5 3A 0085779874 Loan Paid in Full 0 5.500% 360 4 3A 0085827418 Loan Paid in Full (1) 6.000% 360 4 3A 0085842748 Loan Paid in Full 1 6.625% 360 4 3A 0085849602 Loan Paid in Full 0 6.000% 360 4 3A 0085857423 Loan Paid in Full 0 5.875% 360 4 3A 0085870475 Loan Paid in Full 0 6.625% 360 4 3A 0085892453 Loan Paid in Full 0 6.625% 360 4 3A 0085893170 Loan Paid in Full 0 6.375% 360 4 3A 0085893931 Loan Paid in Full (1) 5.750% 360 4 3A 0085897239 Loan Paid in Full 0 6.000% 360 4 3A 0085916120 Loan Paid in Full 0 5.875% 360 4 3A 0085917532 Loan Paid in Full 0 6.625% 360 4 3A 0085929917 Loan Paid in Full (1) 6.125% 360 4 3A 0085935385 Loan Paid in Full 0 6.625% 360 4 3A 0085940252 Loan Paid in Full 0 7.000% 360 4 3A 0085963171 Loan Paid in Full 0 6.750% 360 4 3A 0085976066 Loan Paid in Full (1) 5.875% 360 4 3A 0085982601 Loan Paid in Full 0 6.625% 360 4 3A 0086008521 Loan Paid in Full 0 6.375% 360 4 3A 0086009768 Loan Paid in Full 0 6.625% 360 4 3A 0086019544 Loan Paid in Full 0 6.000% 360 4 3A 0086027117 Loan Paid in Full (1) 5.500% 360 4 3A 0086029287 Loan Paid in Full 0 6.750% 360 4 3A 0086047362 Loan Paid in Full 0 7.000% 360 4 3A 0086070018 Loan Paid in Full (1) 6.625% 360 4 3A 0086070588 Loan Paid in Full 0 5.625% 360 4 3A 0086100054 Loan Paid in Full 0 5.875% 360 4 3A 0086111846 Loan Paid in Full 0 5.500% 360 4 3A 0201900198 Loan Paid in Full 0 6.375% 360 5 3A 0201922341 Loan Paid in Full 0 5.875% 360 5 3A 0201939246 Loan Paid in Full 0 5.875% 360 6 3A 0201949906 Loan Paid in Full 0 6.625% 360 6 3A 0201951423 Loan Paid in Full 0 7.250% 360 4 3A 0201990355 Loan Paid in Full 1 6.125% 360 5 3A 0201992005 Loan Paid in Full 0 5.875% 360 5 3A 0202016283 Loan Paid in Full (1) 6.375% 360 5 3A 0202051132 Loan Paid in Full 0 7.125% 360 4 3A 0202055570 Loan Paid in Full 0 6.750% 360 5 3A 0202061859 Loan Paid in Full 0 5.875% 360 4 3A 0202066221 Loan Paid in Full 0 5.875% 360 4 3A 0202113643 Loan Paid in Full 0 7.000% 360 4 3A 0202165502 Loan Paid in Full 0 6.250% 360 4 3B 0085091288 Loan Paid in Full 0 6.375% 360 4 3B 0085350601 Loan Paid in Full (1) 5.625% 360 5 3B 0085613438 Loan Paid in Full 0 5.625% 360 5 3B 0085645844 Loan Paid in Full 0 6.125% 360 5 3B 0085821528 Loan Paid in Full 0 6.750% 360 4 3B 0085889699 Loan Paid in Full 1 5.375% 360 4 3B 0085948495 Loan Paid in Full 0 6.000% 360 4 3B 0085992717 Loan Paid in Full 0 6.500% 360 4 3B 0086008836 Loan Paid in Full 0 6.500% 360 4 3B 0086059656 Loan Paid in Full (1) 6.750% 360 4 3B 0201886546 Loan Paid in Full 0 5.750% 360 6 3B 0201921525 Loan Paid in Full 0 5.625% 360 6 3B 0202046439 Loan Paid in Full 0 5.625% 360 4 3B 6284152805 Loan Paid in Full (1) 5.375% 360 4 3B 6344362782 Loan Paid in Full 0 6.375% 360 4
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 2.777% Current Month 28.677% Current Month 3,265.483% 3 Month Average 2.097% 3 Month Average 22.293% 3 Month Average 3,287.082% 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 11.635% N/A Apr-2005 4,162.435% N/A May-2005 15.751% N/A May-2005 3,287.160% N/A Jun-2005 22.451% N/A Jun-2005 3,308.602% N/A Jul-2005 28.677% N/A Jul-2005 3,265.483% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 SMM CPR PSA Current Month 2.252% Current Month 23.916% Current Month 2,576.458% 3 Month Average 1.816% 3 Month Average 19.619% 3 Month Average 2,837.598% 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 11.972% N/A Apr-2005 3,642.885% N/A May-2005 21.862% N/A May-2005 4,139.986% N/A Jun-2005 13.080% N/A Jun-2005 1,796.350% N/A Jul-2005 23.916% N/A Jul-2005 2,576.458% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 SMM CPR PSA Current Month 3.241% Current Month 32.653% Current Month 3,876.808% 3 Month Average 1.498% 3 Month Average 15.722% 3 Month Average 2,202.884% 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 12.231% N/A Apr-2005 5,080.169% N/A May-2005 6.608% N/A May-2005 1,498.471% N/A Jun-2005 7.905% N/A Jun-2005 1,233.372% N/A Jul-2005 32.653% N/A Jul-2005 3,876.808% 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. 3A SMM CPR PSA Current Month 2.700% Current Month 27.999% Current Month 3,206.125% 3 Month Average 2.024% 3 Month Average 21.523% 3 Month Average 3,139.756% 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 10.406% N/A Apr-2005 3,771.684% N/A May-2005 12.717% N/A May-2005 2,675.956% N/A Jun-2005 23.853% N/A Jun-2005 3,537.188% N/A Jul-2005 27.999% N/A Jul-2005 3,206.125% 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. 3B SMM CPR PSA Current Month 2.912% Current Month 29.854% Current Month 3,367.371% 3 Month Average 2.673% 3 Month Average 27.697% 3 Month Average 4,172.960% 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 13.698% N/A Apr-2005 4,776.094% N/A May-2005 23.469% N/A May-2005 4,817.153% N/A Jun-2005 29.767% N/A Jun-2005 4,334.354% N/A Jul-2005 29.854% N/A Jul-2005 3,367.371% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage 1 0 0.00 0.00 0.000% 2 0 0.00 0.00 0.000% 3A 0 0.00 0.00 0.000% 3B 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period.
Realized Loss Report - Collateral Summary
MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. 3A 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. 3B 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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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. Aug-2004 N/A N/A Aug-2004 N/A N/A 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 *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)
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