-----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, Gfvtwvn5lbjY4J1+yiurkaFEO9TfduRS16gDmhY+1IMkuP3QyUApXvT93lEgzAay 4zXtTz9AaXmN+QIMQLY08w== 0001056404-05-002140.txt : 20050611 0001056404-05-002140.hdr.sgml : 20050611 20050526155738 ACCESSION NUMBER: 0001056404-05-002140 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050525 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050526 DATE AS OF CHANGE: 20050526 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST SERIES 2005-7 CENTRAL INDEX KEY: 0001322622 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: 333-120575-17 FILM NUMBER: 05860204 BUSINESS ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2125267000 MAIL ADDRESS: STREET 1: 3 WORLD FINANCIAL CENTER CITY: NEW YORK STATE: NY ZIP: 10285 8-K 1 srm05007_10505.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): May 25, 2005 STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-7 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-120575-17 Pooling and Servicing Agreement) (Commission 54-2169505 (State or other File Number) 54-2169506 jurisdiction 54-2169507 of Incorporation) 54-2169508 54-2169509 54-6658779 54-6658780 c/o Wells Fargo Bank, N.A. IRS EIN 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 May 25, 2005 a distribution was made to holders of STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-7 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 2005-7 Trust, relating to the May 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. STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-7 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 5/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-7 Trust, relating to the May 25, 2005 distribution. EX-99.1
Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Record Date: 4/29/2005 Distribution Date: 5/25/2005 Structured Adjustable Rate Mortgage Trust Mortgage Pass-Through Certificates Series SARM 2005-7 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Principal Class CUSIP Description Rate Balance Distribution Distribution 1-A1 863579PD4 SEN 5.41273% 297,554,060.32 1,342,149.16 7,119,793.04 1-A2 863579PE2 SEN 5.41273% 9,919,124.64 44,741.26 237,342.13 1-A3 863579PF9 SEN 5.41273% 147,591,379.41 665,726.57 3,531,526.59 1-A4 863579PG7 SEN 5.41273% 13,890,316.69 62,653.75 332,363.74 2-A1 863579PH5 SEN 5.47549% 98,824,866.23 450,928.64 1,036,102.05 2-A2 863579PJ1 SEN 5.47549% 8,043,356.32 36,701.08 84,328.35 3-A1 863579PK8 SEN 5.55155% 133,572,291.05 617,943.92 2,300,211.38 3-A2 863579PL6 SEN 5.55155% 10,871,393.40 50,294.20 187,213.25 4-A 863579PM4 SEN 5.46535% 92,506,501.09 421,316.73 1,647,381.34 5-A1 863579PN2 SEN 5.64838% 47,676,871.31 224,414.06 18,227.57 5-A2 863579PP7 SEN 5.64838% 1,588,296.12 7,476.08 607.23 6-A1 863579PQ5 SEN 5.94332% 24,886,646.49 123,257.86 558,199.42 6-A2 863579PR3 SEN 5.94332% 829,393.21 4,107.79 18,603.02 7-A 863579PS1 SEN 3.57100% 133,581,782.50 326,694.45 3,891,626.52 7-AX 863579PT9 IO 0.64736% 0.00 72,063.18 0.00 B1-I 863579PU6 SUB 5.47681% 29,019,782.19 132,446.41 4,152.55 B2-I 863579PV4 SUB 5.47681% 4,833,297.52 22,059.19 691.62 B3-I 863579PW2 SUB 5.47681% 8,703,734.98 39,723.88 1,245.45 B4-I 863579PX0 SUB 5.47681% 2,899,578.57 13,233.69 414.91 B5-I 863579PY8 SUB 5.47681% 3,866,438.04 17,646.44 553.26 B6-I 863579QL5 SUB 5.47681% 2,415,648.90 11,025.03 345.66 B7-I 863579QA9 SUB 5.47681% 481,929.95 2,199.53 68.96 B8-I 863579QH4 SUB 5.47681% 5,318,227.03 24,272.41 761.01 B9-I 863579QJ0 SUB 5.47681% 5,802,156.70 26,481.07 830.25 B10-I 863579QK7 SUB 5.47681% 4,381,750.14 19,998.33 627.00 B1-II 863579QB7 SUB 3.47000% 4,128,432.67 11,119.16 940.11 B2-II 863579QC5 SUB 3.67000% 2,927,597.69 8,372.87 666.66 B3-II 863579QD3 SUB 3.72000% 749,896.95 2,175.94 170.76 B4-II 863579QE1 SUB 4.32000% 1,050,855.59 3,485.63 239.30 B5-II 863579QF8 SUB 4.32000% 749,896.95 2,487.37 170.76 B6-II 863579NT1 SUB 4.32000% 900,876.20 2,988.16 205.14 B7-II 863579QM3 SUB 4.32000% 1,350,814.37 4,480.58 307.60 B8-II 863579QN1 SUB 4.32000% 904,378.72 2,999.78 205.94 BX-II 863579QP6 SUB 0.39715% 0.00 0.00 0.85 R 863579QG6 RES 5.40652% 0.00 1.16 0.00 P SRM0507PI RES 0.00000% 0.06 9,192.69 0.00 Totals 1,101,821,572.00 4,806,858.05 20,976,123.42
Certificateholder Distribution Summary (continued) Current Ending Cumulative Realized Certificate Total Realized Class Loss Balance Distribution Losses 1-A1 0.00 290,434,267.28 8,461,942.20 0.00 1-A2 0.00 9,681,782.51 282,083.39 0.00 1-A3 0.00 144,059,852.82 4,197,253.16 0.00 1-A4 0.00 13,557,952.95 395,017.49 0.00 2-A1 0.00 97,788,764.19 1,487,030.69 0.00 2-A2 0.00 7,959,027.97 121,029.43 0.00 3-A1 0.00 131,272,079.67 2,918,155.30 0.00 3-A2 0.00 10,684,180.15 237,507.45 0.00 4-A 0.00 90,859,119.75 2,068,698.07 0.00 5-A1 0.00 47,658,643.74 242,641.63 0.00 5-A2 0.00 1,587,688.89 8,083.31 0.00 6-A1 0.00 24,328,447.06 681,457.28 0.00 6-A2 0.00 810,790.19 22,710.81 0.00 7-A 0.00 129,760,978.65 4,218,320.97 0.00 7-AX 0.00 0.00 72,063.18 0.00 B1-I 0.00 29,015,629.63 136,598.96 0.00 B2-I 0.00 4,832,605.90 22,750.81 0.00 B3-I 0.00 8,702,489.52 40,969.33 0.00 B4-I 0.00 2,899,163.66 13,648.60 0.00 B5-I 0.00 3,865,884.78 18,199.70 0.00 B6-I 0.00 2,415,303.24 11,370.69 0.00 B7-I 0.00 481,860.99 2,268.49 0.00 B8-I 0.00 5,317,466.03 25,033.42 0.00 B9-I 0.00 5,801,326.45 27,311.32 0.00 B10-I 0.00 4,381,123.14 20,625.33 0.00 B1-II 0.00 4,128,311.45 12,059.27 0.00 B2-II 0.00 2,927,511.73 9,039.53 0.00 B3-II 0.00 749,874.93 2,346.70 0.00 B4-II 0.00 1,050,824.73 3,724.93 0.00 B5-II 0.00 749,874.93 2,658.13 0.00 B6-II 0.00 900,849.75 3,193.30 0.00 B7-II 0.00 1,350,774.71 4,788.18 0.00 B8-II 0.00 904,352.16 3,205.72 0.00 BX-II 0.00 0.00 0.85 0.00 R 0.00 0.00 1.16 0.00 P 0.00 0.06 9,192.69 0.00 Totals 0.00 1,080,918,803.61 25,782,981.47 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A1 302,410,000.00 297,554,060.32 35,254.88 7,084,538.17 0.00 0.00 1-A2 10,081,000.00 9,919,124.64 1,175.24 236,166.89 0.00 0.00 1-A3 150,000,000.00 147,591,379.41 17,486.96 3,514,039.63 0.00 0.00 1-A4 14,117,000.00 13,890,316.69 1,645.76 330,717.98 0.00 0.00 2-A1 100,086,000.00 98,824,866.23 14,468.95 1,021,633.10 0.00 0.00 2-A2 8,146,000.00 8,043,356.32 1,177.63 83,150.72 0.00 0.00 3-A1 135,177,000.00 133,572,291.05 26,769.80 2,273,441.58 0.00 0.00 3-A2 11,002,000.00 10,871,393.40 2,178.78 185,034.47 0.00 0.00 4-A 93,018,000.00 92,506,501.09 12,017.48 1,635,363.86 0.00 0.00 5-A1 47,698,000.00 47,676,871.31 12,492.93 5,734.64 0.00 0.00 5-A2 1,589,000.00 1,588,296.12 416.19 191.04 0.00 0.00 6-A1 25,655,000.00 24,886,646.49 2,019.26 556,180.16 0.00 0.00 6-A2 855,000.00 829,393.21 67.30 18,535.73 0.00 0.00 7-A 137,405,000.00 133,581,782.50 30,418.84 3,861,207.68 0.00 0.00 B1-I 29,024,000.00 29,019,782.19 4,152.55 0.00 0.00 0.00 B2-I 4,834,000.00 4,833,297.52 691.62 0.00 0.00 0.00 B3-I 8,705,000.00 8,703,734.98 1,245.45 0.00 0.00 0.00 B4-I 2,900,000.00 2,899,578.57 414.91 0.00 0.00 0.00 B5-I 3,867,000.00 3,866,438.04 553.26 0.00 0.00 0.00 B6-I 2,416,000.00 2,415,648.90 345.66 0.00 0.00 0.00 B7-I 482,000.00 481,929.95 68.96 0.00 0.00 0.00 B8-I 5,319,000.00 5,318,227.03 761.01 0.00 0.00 0.00 B9-I 5,803,000.00 5,802,156.70 830.25 0.00 0.00 0.00 B10-I 4,382,387.00 4,381,750.14 627.00 0.00 0.00 0.00 B1-II 4,129,000.00 4,128,432.67 940.11 0.00 0.00 0.00 B2-II 2,928,000.00 2,927,597.69 666.66 0.00 0.00 0.00 B3-II 750,000.00 749,896.95 170.76 0.00 0.00 0.00 B4-II 1,051,000.00 1,050,855.59 239.30 0.00 0.00 0.00 B5-II 750,000.00 749,896.95 170.76 0.00 0.00 0.00 B6-II 901,000.00 900,876.20 205.14 0.00 0.00 0.00 B7-II 1,351,000.00 1,350,814.37 307.60 0.00 0.00 0.00 B8-II 904,503.00 904,378.72 205.94 0.00 0.00 0.00 BX-II 0.00 0.00 0.85 0.00 0.00 0.00 R 100.00 0.00 0.00 0.00 0.00 0.00 P 0.06 0.06 0.00 0.00 0.00 0.00 Totals 1,117,735,990.06 1,101,821,572.00 170,187.79 20,805,935.65 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-A1 7,119,793.04 290,434,267.28 0.96039902 7,119,793.04 1-A2 237,342.13 9,681,782.51 0.96039902 237,342.13 1-A3 3,531,526.59 144,059,852.82 0.96039902 3,531,526.59 1-A4 332,363.74 13,557,952.95 0.96039902 332,363.74 2-A1 1,036,102.05 97,788,764.19 0.97704738 1,036,102.05 2-A2 84,328.35 7,959,027.97 0.97704738 84,328.35 3-A1 2,300,211.38 131,272,079.67 0.97111254 2,300,211.38 3-A2 187,213.25 10,684,180.15 0.97111254 187,213.25 4-A 1,647,381.34 90,859,119.75 0.97679073 1,647,381.34 5-A1 18,227.57 47,658,643.74 0.99917489 18,227.57 5-A2 607.23 1,587,688.89 0.99917488 607.23 6-A1 558,199.42 24,328,447.06 0.94829262 558,199.42 6-A2 18,603.02 810,790.19 0.94829262 18,603.02 7-A 3,891,626.52 129,760,978.65 0.94436868 3,891,626.52 B1-I 4,152.55 29,015,629.63 0.99971161 4,152.55 B2-I 691.62 4,832,605.90 0.99971161 691.62 B3-I 1,245.45 8,702,489.52 0.99971160 1,245.45 B4-I 414.91 2,899,163.66 0.99971161 414.91 B5-I 553.26 3,865,884.78 0.99971161 553.26 B6-I 345.66 2,415,303.24 0.99971161 345.66 B7-I 68.96 481,860.99 0.99971160 68.96 B8-I 761.01 5,317,466.03 0.99971161 761.01 B9-I 830.25 5,801,326.45 0.99971161 830.25 B10-I 627.00 4,381,123.14 0.99971160 627.00 B1-II 940.11 4,128,311.45 0.99983324 940.11 B2-II 666.66 2,927,511.73 0.99983324 666.66 B3-II 170.76 749,874.93 0.99983324 170.76 B4-II 239.30 1,050,824.73 0.99983324 239.30 B5-II 170.76 749,874.93 0.99983324 170.76 B6-II 205.14 900,849.75 0.99983324 205.14 B7-II 307.60 1,350,774.71 0.99983324 307.60 B8-II 205.94 904,352.16 0.99983323 205.94 BX-II 0.85 0.00 0.00000000 0.85 R 0.00 0.00 0.00000000 0.00 P 0.00 0.06 1.00000000 0.00 Totals 20,976,123.42 1,080,918,803.61 0.96706093 20,976,123.42
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A1 302,410,000.00 983.94252941 0.11657974 23.42693089 0.00000000 1-A2 10,081,000.00 983.94252951 0.11657970 23.42693086 0.00000000 1-A3 150,000,000.00 983.94252940 0.11657973 23.42693087 0.00000000 1-A4 14,117,000.00 983.94252957 0.11658001 23.42693065 0.00000000 2-A1 100,086,000.00 987.39949873 0.14456517 10.20755250 0.00000000 2-A2 8,146,000.00 987.39949914 0.14456543 10.20755217 0.00000000 3-A1 135,177,000.00 988.12883146 0.19803517 16.81825740 0.00000000 3-A2 11,002,000.00 988.12883112 0.19803490 16.81825759 0.00000000 4-A 93,018,000.00 994.50107603 0.12919521 17.58115483 0.00000000 5-A1 47,698,000.00 999.55703195 0.26191727 0.12022810 0.00000000 5-A2 1,589,000.00 999.55702958 0.26191945 0.12022656 0.00000000 6-A1 25,655,000.00 970.05053557 0.07870824 21.67921107 0.00000000 6-A2 855,000.00 970.05053801 0.07871345 21.67921637 0.00000000 7-A 137,405,000.00 972.17555766 0.22138088 28.10092558 0.00000000 7-AX 0.00 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 29,024,000.00 999.85467854 0.14307297 0.00000000 0.00000000 B2-I 4,834,000.00 999.85467935 0.14307406 0.00000000 0.00000000 B3-I 8,705,000.00 999.85467892 0.14307295 0.00000000 0.00000000 B4-I 2,900,000.00 999.85467931 0.14307241 0.00000000 0.00000000 B5-I 3,867,000.00 999.85467804 0.14307215 0.00000000 0.00000000 B6-I 2,416,000.00 999.85467715 0.14307119 0.00000000 0.00000000 B7-I 482,000.00 999.85466805 0.14307054 0.00000000 0.00000000 B8-I 5,319,000.00 999.85467757 0.14307389 0.00000000 0.00000000 B9-I 5,803,000.00 999.85467861 0.14307255 0.00000000 0.00000000 B10-I 4,382,387.00 999.85467737 0.14307271 0.00000000 0.00000000 B1-II 4,129,000.00 999.86259869 0.22768467 0.00000000 0.00000000 B2-II 2,928,000.00 999.86259904 0.22768443 0.00000000 0.00000000 B3-II 750,000.00 999.86260000 0.22768000 0.00000000 0.00000000 B4-II 1,051,000.00 999.86259753 0.22768792 0.00000000 0.00000000 B5-II 750,000.00 999.86260000 0.22768000 0.00000000 0.00000000 B6-II 901,000.00 999.86259711 0.22768036 0.00000000 0.00000000 B7-II 1,351,000.00 999.86259808 0.22768320 0.00000000 0.00000000 B8-II 904,503.00 999.86259858 0.22768305 0.00000000 0.00000000 BX-II 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 P 0.06 0.00000000 0.00000000 0.00000000 0.00000000 (2) All classes per $1,000 denominations
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A1 0.00000000 23.54351060 960.39901882 0.96039902 23.54351060 1-A2 0.00000000 23.54351056 960.39901895 0.96039902 23.54351056 1-A3 0.00000000 23.54351060 960.39901880 0.96039902 23.54351060 1-A4 0.00000000 23.54351066 960.39901891 0.96039902 23.54351066 2-A1 0.00000000 10.35211768 977.04738115 0.97704738 10.35211768 2-A2 0.00000000 10.35211760 977.04738154 0.97704738 10.35211760 3-A1 0.00000000 17.01629256 971.11253889 0.97111254 17.01629256 3-A2 0.00000000 17.01629249 971.11253863 0.97111254 17.01629249 4-A 0.00000000 17.71035004 976.79072599 0.97679073 17.71035004 5-A1 0.00000000 0.38214537 999.17488658 0.99917489 0.38214537 5-A2 0.00000000 0.38214600 999.17488357 0.99917488 0.38214600 6-A1 0.00000000 21.75791931 948.29261586 0.94829262 21.75791931 6-A2 0.00000000 21.75791813 948.29261988 0.94829262 21.75791813 7-A 0.00000000 28.32230647 944.36868127 0.94436868 28.32230647 7-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.14307297 999.71160522 0.99971161 0.14307297 B2-I 0.00000000 0.14307406 999.71160530 0.99971161 0.14307406 B3-I 0.00000000 0.14307295 999.71160482 0.99971160 0.14307295 B4-I 0.00000000 0.14307241 999.71160690 0.99971161 0.14307241 B5-I 0.00000000 0.14307215 999.71160590 0.99971161 0.14307215 B6-I 0.00000000 0.14307119 999.71160596 0.99971161 0.14307119 B7-I 0.00000000 0.14307054 999.71159751 0.99971160 0.14307054 B8-I 0.00000000 0.14307389 999.71160556 0.99971161 0.14307389 B9-I 0.00000000 0.14307255 999.71160607 0.99971161 0.14307255 B10-I 0.00000000 0.14307271 999.71160466 0.99971160 0.14307271 B1-II 0.00000000 0.22768467 999.83324049 0.99983324 0.22768467 B2-II 0.00000000 0.22768443 999.83324112 0.99983324 0.22768443 B3-II 0.00000000 0.22768000 999.83324000 0.99983324 0.22768000 B4-II 0.00000000 0.22768792 999.83323501 0.99983324 0.22768792 B5-II 0.00000000 0.22768000 999.83324000 0.99983324 0.22768000 B6-II 0.00000000 0.22768036 999.83324084 0.99983324 0.22768036 B7-II 0.00000000 0.22768320 999.83324204 0.99983324 0.22768320 B8-II 0.00000000 0.22768305 999.83323438 0.99983323 0.22768305 BX-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 1.00000000 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 1-A1 302,410,000.00 5.41273% 297,554,060.32 1,342,149.16 0.00 0.00 1-A2 10,081,000.00 5.41273% 9,919,124.64 44,741.26 0.00 0.00 1-A3 150,000,000.00 5.41273% 147,591,379.41 665,726.57 0.00 0.00 1-A4 14,117,000.00 5.41273% 13,890,316.69 62,653.75 0.00 0.00 2-A1 100,086,000.00 5.47549% 98,824,866.23 450,928.64 0.00 0.00 2-A2 8,146,000.00 5.47549% 8,043,356.32 36,701.08 0.00 0.00 3-A1 135,177,000.00 5.55155% 133,572,291.05 617,943.92 0.00 0.00 3-A2 11,002,000.00 5.55155% 10,871,393.40 50,294.20 0.00 0.00 4-A 93,018,000.00 5.46535% 92,506,501.09 421,316.73 0.00 0.00 5-A1 47,698,000.00 5.64838% 47,676,871.31 224,414.06 0.00 0.00 5-A2 1,589,000.00 5.64838% 1,588,296.12 7,476.08 0.00 0.00 6-A1 25,655,000.00 5.94332% 24,886,646.49 123,257.86 0.00 0.00 6-A2 855,000.00 5.94332% 829,393.21 4,107.79 0.00 0.00 7-A 137,405,000.00 3.57100% 133,581,782.50 397,517.12 0.00 0.00 7-AX 0.00 0.64736% 133,581,782.50 72,063.18 0.00 0.00 B1-I 29,024,000.00 5.47681% 29,019,782.19 132,446.41 0.00 0.00 B2-I 4,834,000.00 5.47681% 4,833,297.52 22,059.19 0.00 0.00 B3-I 8,705,000.00 5.47681% 8,703,734.98 39,723.88 0.00 0.00 B4-I 2,900,000.00 5.47681% 2,899,578.57 13,233.69 0.00 0.00 B5-I 3,867,000.00 5.47681% 3,866,438.04 17,646.44 0.00 0.00 B6-I 2,416,000.00 5.47681% 2,415,648.90 11,025.03 0.00 0.00 B7-I 482,000.00 5.47681% 481,929.95 2,199.53 0.00 0.00 B8-I 5,319,000.00 5.47681% 5,318,227.03 24,272.41 0.00 0.00 B9-I 5,803,000.00 5.47681% 5,802,156.70 26,481.07 0.00 0.00 B10-I 4,382,387.00 5.47681% 4,381,750.14 19,998.33 0.00 0.00 B1-II 4,129,000.00 3.47000% 4,128,432.67 11,938.05 0.00 0.00 B2-II 2,928,000.00 3.67000% 2,927,597.69 8,953.57 0.00 0.00 B3-II 750,000.00 3.72000% 749,896.95 2,324.68 0.00 0.00 B4-II 1,051,000.00 4.32000% 1,050,855.59 3,783.08 0.00 0.00 B5-II 750,000.00 4.32000% 749,896.95 2,699.63 0.00 0.00 B6-II 901,000.00 4.32000% 900,876.20 3,243.15 0.00 0.00 B7-II 1,351,000.00 4.32000% 1,350,814.37 4,862.93 0.00 0.00 B8-II 904,503.00 4.32000% 904,378.72 3,255.76 0.00 0.00 BX-II 0.00 0.39715% 12,766,482.99 4,237.02 0.00 0.00 R 100.00 5.40652% 0.00 0.00 0.00 0.00 P 0.06 0.00000% 0.06 0.00 0.00 0.00 Totals 1,117,735,990.06 4,875,675.25 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-A1 0.00 0.00 1,342,149.16 0.00 290,434,267.28 1-A2 0.00 0.00 44,741.26 0.00 9,681,782.51 1-A3 0.00 0.00 665,726.57 0.00 144,059,852.82 1-A4 0.00 0.00 62,653.75 0.00 13,557,952.95 2-A1 0.00 0.00 450,928.64 0.00 97,788,764.19 2-A2 0.00 0.00 36,701.08 0.00 7,959,027.97 3-A1 0.00 0.00 617,943.92 0.00 131,272,079.67 3-A2 0.00 0.00 50,294.20 0.00 10,684,180.15 4-A 0.00 0.00 421,316.73 0.00 90,859,119.75 5-A1 0.00 0.00 224,414.06 0.00 47,658,643.74 5-A2 0.00 0.00 7,476.08 0.00 1,587,688.89 6-A1 0.00 0.00 123,257.86 0.00 24,328,447.06 6-A2 0.00 0.00 4,107.79 0.00 810,790.19 7-A 0.00 0.00 326,694.45 0.00 129,760,978.65 7-AX 0.00 0.00 72,063.18 0.00 129,760,978.65 B1-I 0.00 0.00 132,446.41 0.00 29,015,629.63 B2-I 0.00 0.00 22,059.19 0.00 4,832,605.90 B3-I 0.00 0.00 39,723.88 0.00 8,702,489.52 B4-I 0.00 0.00 13,233.69 0.00 2,899,163.66 B5-I 0.00 0.00 17,646.44 0.00 3,865,884.78 B6-I 0.00 0.00 11,025.03 0.00 2,415,303.24 B7-I 0.00 0.00 2,199.53 0.00 481,860.99 B8-I 0.00 0.00 24,272.41 0.00 5,317,466.03 B9-I 0.00 0.00 26,481.07 0.00 5,801,326.45 B10-I 0.00 0.00 19,998.33 0.00 4,381,123.14 B1-II 0.00 0.00 11,119.16 0.00 4,128,311.45 B2-II 0.00 0.00 8,372.87 0.00 2,927,511.73 B3-II 0.00 0.00 2,175.94 0.00 749,874.93 B4-II 0.00 0.00 3,485.63 0.00 1,050,824.73 B5-II 0.00 0.00 2,487.37 0.00 749,874.93 B6-II 0.00 0.00 2,988.16 0.00 900,849.75 B7-II 0.00 0.00 4,480.58 0.00 1,350,774.71 B8-II 0.00 0.00 2,999.78 0.00 904,352.16 BX-II 0.00 0.00 0.00 0.00 12,770,344.41 R 0.00 0.00 1.16 0.00 0.00 P 0.00 0.00 9,192.69 0.00 0.06 Totals 0.00 0.00 4,806,858.05 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-A1 302,410,000.00 5.41273% 983.94252941 4.43817718 0.00000000 0.00000000 1-A2 10,081,000.00 5.41273% 983.94252951 4.43817677 0.00000000 0.00000000 1-A3 150,000,000.00 5.41273% 983.94252940 4.43817713 0.00000000 0.00000000 1-A4 14,117,000.00 5.41273% 983.94252957 4.43817737 0.00000000 0.00000000 2-A1 100,086,000.00 5.47549% 987.39949873 4.50541175 0.00000000 0.00000000 2-A2 8,146,000.00 5.47549% 987.39949914 4.50541124 0.00000000 0.00000000 3-A1 135,177,000.00 5.55155% 988.12883146 4.57136880 0.00000000 0.00000000 3-A2 11,002,000.00 5.55155% 988.12883112 4.57136884 0.00000000 0.00000000 4-A 93,018,000.00 5.46535% 994.50107603 4.52941076 0.00000000 0.00000000 5-A1 47,698,000.00 5.64838% 999.55703195 4.70489454 0.00000000 0.00000000 5-A2 1,589,000.00 5.64838% 999.55702958 4.70489616 0.00000000 0.00000000 6-A1 25,655,000.00 5.94332% 970.05053557 4.80443812 0.00000000 0.00000000 6-A2 855,000.00 5.94332% 970.05053801 4.80443275 0.00000000 0.00000000 7-A 137,405,000.00 3.57100% 972.17555766 2.89303242 0.00000000 0.00000000 7-AX 0.00 0.64736% 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 29,024,000.00 5.47681% 999.85467854 4.56334103 0.00000000 0.00000000 B2-I 4,834,000.00 5.47681% 999.85467935 4.56334092 0.00000000 0.00000000 B3-I 8,705,000.00 5.47681% 999.85467892 4.56334061 0.00000000 0.00000000 B4-I 2,900,000.00 5.47681% 999.85467931 4.56334138 0.00000000 0.00000000 B5-I 3,867,000.00 5.47681% 999.85467804 4.56334109 0.00000000 0.00000000 B6-I 2,416,000.00 5.47681% 999.85467715 4.56334023 0.00000000 0.00000000 B7-I 482,000.00 5.47681% 999.85466805 4.56334025 0.00000000 0.00000000 B8-I 5,319,000.00 5.47681% 999.85467757 4.56334085 0.00000000 0.00000000 B9-I 5,803,000.00 5.47681% 999.85467861 4.56334138 0.00000000 0.00000000 B10-I 4,382,387.00 5.47681% 999.85467737 4.56334185 0.00000000 0.00000000 B1-II 4,129,000.00 3.47000% 999.86259869 2.89126907 0.00000000 0.00000000 B2-II 2,928,000.00 3.67000% 999.86259904 3.05791325 0.00000000 0.00000000 B3-II 750,000.00 3.72000% 999.86260000 3.09957333 0.00000000 0.00000000 B4-II 1,051,000.00 4.32000% 999.86259753 3.59950523 0.00000000 0.00000000 B5-II 750,000.00 4.32000% 999.86260000 3.59950667 0.00000000 0.00000000 B6-II 901,000.00 4.32000% 999.86259711 3.59950055 0.00000000 0.00000000 B7-II 1,351,000.00 4.32000% 999.86259808 3.59950407 0.00000000 0.00000000 B8-II 904,503.00 4.32000% 999.86259858 3.59950160 0.00000000 0.00000000 BX-II 0.00 0.39715% 0.00000000 0.00000000 0.00000000 0.00000000 R 100.00 5.40652% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.06 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All classes per $1,000 denominations
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-A1 0.00000000 0.00000000 4.43817718 0.00000000 960.39901882 1-A2 0.00000000 0.00000000 4.43817677 0.00000000 960.39901895 1-A3 0.00000000 0.00000000 4.43817713 0.00000000 960.39901880 1-A4 0.00000000 0.00000000 4.43817737 0.00000000 960.39901891 2-A1 0.00000000 0.00000000 4.50541175 0.00000000 977.04738115 2-A2 0.00000000 0.00000000 4.50541124 0.00000000 977.04738154 3-A1 0.00000000 0.00000000 4.57136880 0.00000000 971.11253889 3-A2 0.00000000 0.00000000 4.57136884 0.00000000 971.11253863 4-A 0.00000000 0.00000000 4.52941076 0.00000000 976.79072599 5-A1 0.00000000 0.00000000 4.70489454 0.00000000 999.17488658 5-A2 0.00000000 0.00000000 4.70489616 0.00000000 999.17488357 6-A1 0.00000000 0.00000000 4.80443812 0.00000000 948.29261586 6-A2 0.00000000 0.00000000 4.80443275 0.00000000 948.29261988 7-A 0.00000000 0.00000000 2.37760234 0.00000000 944.36868127 7-AX 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 B1-I 0.00000000 0.00000000 4.56334103 0.00000000 999.71160522 B2-I 0.00000000 0.00000000 4.56334092 0.00000000 999.71160530 B3-I 0.00000000 0.00000000 4.56334061 0.00000000 999.71160482 B4-I 0.00000000 0.00000000 4.56334138 0.00000000 999.71160690 B5-I 0.00000000 0.00000000 4.56334109 0.00000000 999.71160590 B6-I 0.00000000 0.00000000 4.56334023 0.00000000 999.71160596 B7-I 0.00000000 0.00000000 4.56334025 0.00000000 999.71159751 B8-I 0.00000000 0.00000000 4.56334085 0.00000000 999.71160556 B9-I 0.00000000 0.00000000 4.56334138 0.00000000 999.71160607 B10-I 0.00000000 0.00000000 4.56334185 0.00000000 999.71160466 B1-II 0.00000000 0.00000000 2.69294260 0.00000000 999.83324049 B2-II 0.00000000 0.00000000 2.85958675 0.00000000 999.83324112 B3-II 0.00000000 0.00000000 2.90125333 0.00000000 999.83324000 B4-II 0.00000000 0.00000000 3.31648906 0.00000000 999.83323501 B5-II 0.00000000 0.00000000 3.31649333 0.00000000 999.83324000 B6-II 0.00000000 0.00000000 3.31649279 0.00000000 999.83324084 B7-II 0.00000000 0.00000000 3.31649149 0.00000000 999.83324204 B8-II 0.00000000 0.00000000 3.31649536 0.00000000 999.83323438 BX-II 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00000000 0.00000000 11.60000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Certificateholder Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 7-AXN 0.95352% 0.00 0.00 0.00 0.00 0.00000000%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 26,024,637.33 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 9,192.69 Total Deposits 26,033,830.02 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 250,848.55 Payment of Interest and Principal 25,782,981.47 Total Withdrawals (Pool Distribution Amount) 26,033,830.02 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 246,257.61 Securities Administrator Fee 4,590.94 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 250,848.55
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENCY STATUS 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 63 0 0 0 63 21,567,526.84 0.00 0.00 0.00 21,567,526.84 60 Days 4 0 0 0 4 954,612.64 0.00 0.00 0.00 954,612.64 90 Days 1 0 1 0 2 344,012.85 0.00 162,400.00 0.00 506,412.85 120 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 68 0 1 0 69 22,866,152.33 0.00 162,400.00 0.00 23,028,552.33 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 1.818707% 0.000000% 0.000000% 0.000000% 1.818707% 1.995222% 0.000000% 0.000000% 0.000000% 1.995222% 60 Days 0.115473% 0.000000% 0.000000% 0.000000% 0.115473% 0.088312% 0.000000% 0.000000% 0.000000% 0.088312% 90 Days 0.028868% 0.000000% 0.028868% 0.000000% 0.057737% 0.031825% 0.000000% 0.015024% 0.000000% 0.046848% 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 1.963048% 0.000000% 0.028868% 0.000000% 1.991917% 2.115358% 0.000000% 0.015024% 0.000000% 2.130382%
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 31 0 0 0 31 13,506,748.03 0.00 0.00 0.00 13,506,748.03 60 Days 2 0 0 0 2 527,150.00 0.00 0.00 0.00 527,150.00 90 Days 1 0 0 0 1 344,012.85 0.00 0.00 0.00 344,012.85 120 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 34 0 0 0 34 14,377,910.88 0.00 0.00 0.00 14,377,910.88 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.215868% 0.000000% 0.000000% 0.000000% 2.215868% 2.736134% 0.000000% 0.000000% 0.000000% 2.736134% 60 Days 0.142959% 0.000000% 0.000000% 0.000000% 0.142959% 0.106788% 0.000000% 0.000000% 0.000000% 0.106788% 90 Days 0.071480% 0.000000% 0.000000% 0.000000% 0.071480% 0.069689% 0.000000% 0.000000% 0.000000% 0.069689% 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 2.430307% 0.000000% 0.000000% 0.000000% 2.430307% 2.912610% 0.000000% 0.000000% 0.000000% 2.912610% 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 9 0 0 0 9 1,463,047.89 0.00 0.00 0.00 1,463,047.89 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 1 0 1 0.00 0.00 162,400.00 0.00 162,400.00 120 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 9 0 1 0 10 1,463,047.89 0.00 162,400.00 0.00 1,625,447.89 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.546392% 0.000000% 0.000000% 0.000000% 1.546392% 1.284469% 0.000000% 0.000000% 0.000000% 1.284469% 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% 0.171821% 0.000000% 0.171821% 0.000000% 0.000000% 0.142578% 0.000000% 0.142578% 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 1.546392% 0.000000% 0.171821% 0.000000% 1.718213% 1.284469% 0.000000% 0.142578% 0.000000% 1.427046% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 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 2,963,942.53 0.00 0.00 0.00 2,963,942.53 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 8 0 0 0 8 2,963,942.53 0.00 0.00 0.00 2,963,942.53 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.110818% 0.000000% 0.000000% 0.000000% 2.110818% 1.937532% 0.000000% 0.000000% 0.000000% 1.937532% 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 2.110818% 0.000000% 0.000000% 0.000000% 2.110818% 1.937532% 0.000000% 0.000000% 0.000000% 1.937532% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 4 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 11 0 0 0 11 2,391,780.00 0.00 0.00 0.00 2,391,780.00 60 Days 1 0 0 0 1 236,000.00 0.00 0.00 0.00 236,000.00 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 12 0 0 0 12 2,627,780.00 0.00 0.00 0.00 2,627,780.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.173913% 0.000000% 0.000000% 0.000000% 2.173913% 2.443911% 0.000000% 0.000000% 0.000000% 2.443911% 60 Days 0.197628% 0.000000% 0.000000% 0.000000% 0.197628% 0.241144% 0.000000% 0.000000% 0.000000% 0.241144% 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 2.371542% 0.000000% 0.000000% 0.000000% 2.371542% 2.685054% 0.000000% 0.000000% 0.000000% 2.685054% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 5 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 3 890,300.00 0.00 0.00 0.00 890,300.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3 0 0 0 3 890,300.00 0.00 0.00 0.00 890,300.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 2.238806% 0.000000% 0.000000% 0.000000% 2.238806% 1.680991% 0.000000% 0.000000% 0.000000% 1.680991% 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 2.238806% 0.000000% 0.000000% 0.000000% 2.238806% 1.680991% 0.000000% 0.000000% 0.000000% 1.680991% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 6 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 7 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 351,708.39 0.00 0.00 0.00 351,708.39 60 Days 1 0 0 0 1 191,462.64 0.00 0.00 0.00 191,462.64 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 2 0 0 0 2 543,171.03 0.00 0.00 0.00 543,171.03 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.251256% 0.000000% 0.000000% 0.000000% 0.251256% 0.246862% 0.000000% 0.000000% 0.000000% 0.246862% 60 Days 0.251256% 0.000000% 0.000000% 0.000000% 0.251256% 0.134387% 0.000000% 0.000000% 0.000000% 0.134387% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.502513% 0.000000% 0.000000% 0.000000% 0.502513% 0.381249% 0.000000% 0.000000% 0.000000% 0.381249%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 0.00
CREDIT ENHANCEMENT Original $ Original % Current $ Current % Bankruptcy 698,897.00 0.06252791% 698,897.00 0.06465720% Fraud 22,354,719.00 1.99999993% 22,354,719.00 2.06810670% Special Hazard 18,279,047.00 1.63536355% 18,279,047.00 1.69105322% Limit of Subordinate's Exposure to Certain Types of Losses
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 5.583720% Weighted Average Net Coupon 5.315520% Weighted Average Pass-Through Rate 5.309651% Weighted Average Maturity(Stepdown Calculation ) 358 Beginning Scheduled Collateral Loan Count 3,523 Number Of Loans Paid In Full 59 Ending Scheduled Collateral Loan Count 3,464 Beginning Scheduled Collateral Balance 1,101,825,306.09 Ending Scheduled Collateral Balance 1,080,926,773.87 Ending Actual Collateral Balance at 29-Apr-2005 1,080,958,997.77 Monthly P &I Constant 5,192,255.01 Special Servicing Fee 0.00 Prepayment Penalties 9,192.69 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 65,352.06 Unscheduled Principal 20,833,180.16
Pool 1-6 Special Hazard Loss Limit 9,383,654.51 Pool 7 Special Hard Loss Limit 3,951,333.72
Miscellaneous Reporting One-Month LIBOR 3.020000% One-Year MTA 2.171000% Unpaid Sub Floating Rate Cert Shortfall 1,151.35
Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.669096 5.730489 5.813425 Weighted Average Net Rate 5.417729 5.480489 5.556546 Weighted Average Maturity 358 358 358 Beginning Loan Count 1,427 588 385 Loans Paid In Full 28 6 6 Ending Loan Count 1,399 582 379 Beginning Scheduled Balance 504,825,302.96 115,013,734.78 155,444,389.84 Ending scheduled Balance 493,600,027.45 113,892,111.80 152,954,760.51 Record Date 04/29/2005 04/29/2005 04/29/2005 Principal And Interest Constant 2,444,732.01 566,076.59 784,206.91 Scheduled Principal 59,812.84 16,839.16 31,153.28 Unscheduled Principal 11,165,462.67 1,104,783.82 2,458,476.05 Scheduled Interest 2,384,919.17 549,237.43 753,053.63 Servicing Fees 105,746.92 23,961.19 33,275.33 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 2,103.44 479.22 647.68 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 2,277,068.81 524,797.02 719,130.62 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 9,192.69 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.412729 5.475489 5.551546
Group Level Collateral Statement Group 4 5 6 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 5.720349 5.903375 6.198326 Weighted Average Net Rate 5.470349 5.653375 5.948326 Weighted Average Maturity 358 358 358 Beginning Loan Count 512 134 69 Loans Paid In Full 6 0 3 Ending Loan Count 506 134 66 Beginning Scheduled Balance 99,507,846.06 52,974,430.77 27,711,336.19 Ending scheduled Balance 97,859,555.18 52,954,624.02 27,134,371.85 Record Date 04/29/2005 04/29/2005 04/29/2005 Principal And Interest Constant 487,276.68 274,487.70 145,385.04 Scheduled Principal 12,927.02 13,881.07 2,248.45 Unscheduled Principal 1,635,363.86 5,925.68 574,715.89 Scheduled Interest 474,349.66 260,606.63 143,136.59 Servicing Fees 20,730.80 11,036.34 5,773.20 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 414.62 220.73 115.46 Pool Insurance Fee 0.00 0.00 0.00 Spread Fee 1 0.00 0.00 0.00 Spread Fee 2 0.00 0.00 0.00 Spread Fee 3 0.00 0.00 0.00 Net Interest 453,204.24 249,349.56 137,247.93 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 5.465349 5.648375 5.943326
Group Level Collateral Statement Group 7 Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 4.604905 5.583720 Weighted Average Net Rate 4.229905 5.315520 Weighted Average Maturity 358.00 358.00 Record Date 04/29/2005 04/29/2005 Principal And Interest Constant 490,090.08 5,192,255.01 Beginning Loan Count 408 3,523 Loans Paid In Full 10 59 Ending Loan Count 398 3,464 Beginning Scheduled Balance 146,348,265.49 1,101,825,306.09 Ending Scheduled Balance 142,531,323.06 1,080,926,773.87 Scheduled Principal (71,509.76) 65,352.06 Unscheduled Principal 3,888,452.19 20,833,180.16 Scheduled Interest 561,599.84 5,126,902.95 Servicing Fee 45,733.83 246,257.61 Master Servicing Fee 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 1,407.72 5,388.87 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 514,458.29 4,875,256.47 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 9,192.69 Special Servicing Fee 0.00 0.00 Pass-Through Rate 4.218362 5.309651
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