-----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, PpC0DPXw2m1gNRXapPbjV1FYjU9TXb4R9KzK7WPcY6gZmxHPJXOnaJtdK5O7OY6L gkMNaY8AvpiGqjks+4AbiQ== 0001056404-06-000017.txt : 20060103 0001056404-06-000017.hdr.sgml : 20060102 20060103110653 ACCESSION NUMBER: 0001056404-06-000017 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060103 DATE AS OF CHANGE: 20060103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-4 CENTRAL INDEX KEY: 0001325224 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: 333-118843-21 FILM NUMBER: 06500565 BUSINESS ADDRESS: STREET 1: 201 NORTH TRYON ST CITY: CHARLOTTE STATE: NC ZIP: 28255 BUSINESS PHONE: 7043884503 MAIL ADDRESS: STREET 1: 201 NORTH TRYON STREET CITY: CHARLOTTE STATE: NC ZIP: 3884503 8-K 1 baa05004_8k-200512.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): December 27, 2005 BANC OF AMERICA ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-4 (Exact name of registrant as specified in its charter) New York (governing law of 333-118843-21 Pooling and Servicing Agreement) (Commission 54-2173102 (State or other File Number) 54-2173103 jurisdiction 54-2173104 of Incorporation) 54-6658784 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 December 27, 2005 a distribution was made to holders of BANC OF AMERICA ALTERNATIVE LOAN TRUST, Mortgage Pass-Through Certificates, Series 2005-4 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 2005-4 Trust, relating to the December 27, 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 ALTERNATIVE LOAN TRUST Mortgage Pass-Through Certificates, Series 2005-4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 12/30/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-4 Trust, relating to the December 27, 2005 distribution. EX-99.1 Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Banc of America Alternative Loan Trust Mortgage Pass-Through Certificates Series 2005-4 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 Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance CB-1 05948KZA0 4.59375% 46,010,278.62 176,133.10 CB-2 05948KZB8 4.69375% 80,088,488.88 313,262.79 CB-3 05948KZC6 0.80625% 0.00 53,809.45 CB-4 05948KZD4 0.90625% 0.00 34,747.35 CB-5 05948KZE2 5.50000% 9,000,000.00 41,250.00 CB-6 05948KZF9 4.59375% 80,757,063.92 309,148.14 CB-7 05948KZG7 0.90625% 0.00 60,988.41 CB-8 05948KZH5 5.50000% 20,000,000.00 91,666.67 CB-9 05948KZJ1 5.50000% 833,000.00 3,817.92 CB-10 05948KZK8 5.50000% 12,893,175.44 59,093.72 CB-11 05948KZL6 5.50000% 4,880,824.56 22,370.45 CB-12 05948KZM4 5.50000% 3,906,140.05 17,903.14 CB-13 05948KZN2 5.50000% 12,410,000.00 56,879.17 CB-R 05948KZP7 5.50000% 0.00 0.09 CB-IO 05948KZQ5 5.50000% 0.00 68,387.51 2-A-1 05948KZR3 5.00000% 18,335,669.61 76,398.62 3-A-1 05948KZS1 5.50000% 28,331,793.66 129,854.05 A-PO 05948KZU6 0.00000% 1,207,866.88 0.00 15-IO 05948KZT9 5.50000% 0.00 4,178.35 B-1 05948KZV4 5.47085% 6,351,981.97 28,958.95 B-2 05948KZW2 5.47085% 2,646,741.67 12,066.61 B-3 05948KZX0 5.47085% 1,940,745.86 8,847.94 B-4 05948KZY8 5.47085% 1,234,750.04 5,629.28 B-5 05948KZZ5 5.47085% 705,995.81 3,218.66 B-6 05948KA25 5.47085% 1,235,166.95 5,631.18 Totals 332,769,683.92 1,584,241.55
Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cummulative Distribution Realized Certificate Distribution Realized Loss Balance Losses CB-1 695,913.64 0.00 45,314,364.98 872,046.74 0.00 CB-2 1,530,159.51 0.00 78,558,329.37 1,843,422.30 0.00 CB-3 0.00 0.00 0.00 53,809.45 0.00 CB-4 0.00 0.00 0.00 34,747.35 0.00 CB-5 0.00 0.00 9,000,000.00 41,250.00 0.00 CB-6 1,221,498.51 0.00 79,535,565.42 1,530,646.65 0.00 CB-7 0.00 0.00 0.00 60,988.41 0.00 CB-8 0.00 0.00 20,000,000.00 91,666.67 0.00 CB-9 0.00 0.00 833,000.00 3,817.92 0.00 CB-10 (59,093.72) 0.00 12,952,269.17 0.00 0.00 CB-11 59,093.72 0.00 4,821,730.83 81,464.17 0.00 CB-12 74,630.17 0.00 3,831,509.88 92,533.31 0.00 CB-13 0.00 0.00 12,410,000.00 56,879.17 0.00 CB-R 0.00 0.00 0.00 0.09 0.00 CB-IO 0.00 0.00 0.00 68,387.51 0.00 2-A-1 74,401.65 0.00 18,261,267.96 150,800.27 0.00 3-A-1 114,591.32 0.00 28,217,202.34 244,445.37 0.00 A-PO 16,104.19 0.00 1,191,762.69 16,104.19 0.00 15-IO 0.00 0.00 0.00 4,178.35 0.00 B-1 9,212.21 0.00 6,342,769.76 38,171.16 0.00 B-2 3,838.54 0.00 2,642,903.13 15,905.15 0.00 B-3 2,814.64 0.00 1,937,931.21 11,662.58 0.00 B-4 1,790.74 0.00 1,232,959.30 7,420.02 0.00 B-5 1,023.90 0.00 704,971.92 4,242.56 0.00 B-6 1,791.35 0.00 1,233,375.60 7,422.53 0.00 Totals 3,747,770.37 0.00 329,021,913.56 5,332,011.92 0.00 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 Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution CB-1 50,000,000.00 46,010,278.62 56,272.00 639,641.64 0.00 0.00 CB-2 88,861,000.00 80,088,488.88 123,729.63 1,406,429.88 0.00 0.00 CB-3 0.00 0.00 0.00 0.00 0.00 0.00 CB-4 0.00 0.00 0.00 0.00 0.00 0.00 CB-5 9,000,000.00 9,000,000.00 0.00 0.00 0.00 0.00 CB-6 87,760,000.00 80,757,063.92 98,771.11 1,122,727.39 0.00 0.00 CB-7 0.00 0.00 0.00 0.00 0.00 0.00 CB-8 20,000,000.00 20,000,000.00 0.00 0.00 0.00 0.00 CB-9 833,000.00 833,000.00 0.00 0.00 0.00 0.00 CB-10 12,487,000.00 12,893,175.44 0.00 0.00 (59,093.72) 0.00 CB-11 5,287,000.00 4,880,824.56 4,778.35 54,315.37 0.00 0.00 CB-12 4,334,000.00 3,906,140.05 6,034.64 68,595.53 0.00 0.00 CB-13 12,410,000.00 12,410,000.00 0.00 0.00 0.00 0.00 CB-R 100.00 0.00 0.00 0.00 0.00 0.00 CB-IO 0.00 0.00 0.00 0.00 0.00 0.00 2-A-1 20,082,000.00 18,335,669.61 71,525.29 2,876.37 0.00 0.00 3-A-1 29,801,000.00 28,331,793.66 105,956.24 8,635.08 0.00 0.00 A-PO 1,249,480.28 1,207,866.88 2,505.68 13,598.51 0.00 0.00 15-IO 0.00 0.00 0.00 0.00 0.00 0.00 B-1 6,415,000.00 6,351,981.97 9,212.21 0.00 0.00 0.00 B-2 2,673,000.00 2,646,741.67 3,838.54 0.00 0.00 0.00 B-3 1,960,000.00 1,940,745.86 2,814.64 0.00 0.00 0.00 B-4 1,247,000.00 1,234,750.04 1,790.74 0.00 0.00 0.00 B-5 713,000.00 705,995.81 1,023.90 0.00 0.00 0.00 B-6 1,247,420.00 1,235,166.95 1,791.35 0.00 0.00 0.00 Totals 356,360,000.28 332,769,683.92 490,044.32 3,316,819.77 (59,093.72) 0.00
Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution CB-1 695,913.64 45,314,364.98 0.906287 695,913.64 CB-2 1,530,159.51 78,558,329.37 0.884059 1,530,159.51 CB-3 0.00 0.00 0.000000 0.00 CB-4 0.00 0.00 0.000000 0.00 CB-5 0.00 9,000,000.00 1.000000 0.00 CB-6 1,221,498.51 79,535,565.42 0.906285 1,221,498.51 CB-7 0.00 0.00 0.000000 0.00 CB-8 0.00 20,000,000.00 1.000000 0.00 CB-9 0.00 833,000.00 1.000000 0.00 CB-10 (59,093.72) 12,952,269.17 1.037260 (59,093.72) CB-11 59,093.72 4,821,730.83 0.911998 59,093.72 CB-12 74,630.17 3,831,509.88 0.884059 74,630.17 CB-13 0.00 12,410,000.00 1.000000 0.00 CB-R 0.00 0.00 0.000000 0.00 CB-IO 0.00 0.00 0.000000 0.00 2-A-1 74,401.65 18,261,267.96 0.909335 74,401.65 3-A-1 114,591.32 28,217,202.34 0.946854 114,591.32 A-PO 16,104.19 1,191,762.69 0.953807 16,104.19 15-IO 0.00 0.00 0.000000 0.00 B-1 9,212.21 6,342,769.76 0.988740 9,212.21 B-2 3,838.54 2,642,903.13 0.988740 3,838.54 B-3 2,814.64 1,937,931.21 0.988740 2,814.64 B-4 1,790.74 1,232,959.30 0.988740 1,790.74 B-5 1,023.90 704,971.92 0.988740 1,023.90 B-6 1,791.35 1,233,375.60 0.988741 1,791.35 Totals 3,747,770.37 329,021,913.56 0.923285 3,747,770.37
Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution CB-1 50,000,000.00 920.205572 1.125440 12.792833 0.000000 CB-2 88,861,000.00 901.278276 1.392395 15.827302 0.000000 CB-3 0.00 0.000000 0.000000 0.000000 0.000000 CB-4 0.00 0.000000 0.000000 0.000000 0.000000 CB-5 9,000,000.00 1000.000000 0.000000 0.000000 0.000000 CB-6 87,760,000.00 920.203554 1.125468 12.793156 0.000000 CB-7 0.00 0.000000 0.000000 0.000000 0.000000 CB-8 20,000,000.00 1000.000000 0.000000 0.000000 0.000000 CB-9 833,000.00 1000.000000 0.000000 0.000000 0.000000 CB-10 12,487,000.00 1032.527864 0.000000 0.000000 (4.732419) CB-11 5,287,000.00 923.174685 0.903792 10.273382 0.000000 CB-12 4,334,000.00 901.278276 1.392395 15.827303 0.000000 CB-13 12,410,000.00 1000.000000 0.000000 0.000000 0.000000 CB-R 100.00 0.000000 0.000000 0.000000 0.000000 CB-IO 0.00 0.000000 0.000000 0.000000 0.000000 2-A-1 20,082,000.00 913.040016 3.561662 0.143231 0.000000 3-A-1 29,801,000.00 950.699428 3.555459 0.289758 0.000000 A-PO 1,249,480.28 966.695433 2.005378 10.883333 0.000000 15-IO 0.00 0.000000 0.000000 0.000000 0.000000 B-1 6,415,000.00 990.176457 1.436042 0.000000 0.000000 B-2 2,673,000.00 990.176457 1.436042 0.000000 0.000000 B-3 1,960,000.00 990.176459 1.436041 0.000000 0.000000 B-4 1,247,000.00 990.176455 1.436038 0.000000 0.000000 B-5 713,000.00 990.176452 1.436045 0.000000 0.000000 B-6 1,247,420.00 990.177286 1.436044 0.000000 0.000000
Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution CB-1 0.000000 13.918273 906.287300 0.906287 13.918273 CB-2 0.000000 17.219697 884.058579 0.884059 17.219697 CB-3 0.000000 0.000000 0.000000 0.000000 0.000000 CB-4 0.000000 0.000000 0.000000 0.000000 0.000000 CB-5 0.000000 0.000000 1,000.000000 1.000000 0.000000 CB-6 0.000000 13.918625 906.284930 0.906285 13.918625 CB-7 0.000000 0.000000 0.000000 0.000000 0.000000 CB-8 0.000000 0.000000 1,000.000000 1.000000 0.000000 CB-9 0.000000 0.000000 1,000.000000 1.000000 0.000000 CB-10 0.000000 (4.732419) 1,037.260284 1.037260 (4.732419) CB-11 0.000000 11.177174 911.997509 0.911998 11.177174 CB-12 0.000000 17.219698 884.058579 0.884059 17.219698 CB-13 0.000000 0.000000 1,000.000000 1.000000 0.000000 CB-R 0.000000 0.000000 0.000000 0.000000 0.000000 CB-IO 0.000000 0.000000 0.000000 0.000000 0.000000 2-A-1 0.000000 3.704892 909.335124 0.909335 3.704892 3-A-1 0.000000 3.845217 946.854211 0.946854 3.845217 A-PO 0.000000 12.888711 953.806722 0.953807 12.888711 15-IO 0.000000 0.000000 0.000000 0.000000 0.000000 B-1 0.000000 1.436042 988.740415 0.988740 1.436042 B-2 0.000000 1.436042 988.740415 0.988740 1.436042 B-3 0.000000 1.436041 988.740413 0.988740 1.436041 B-4 0.000000 1.436038 988.740417 0.988740 1.436038 B-5 0.000000 1.436045 988.740421 0.988740 1.436045 B-6 0.000000 1.436044 988.741242 0.988741 1.436044 All classes are per 1,000 dollar denomination.
Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Balance Interest Shortfall CB-1 11/25/05 - 12/24/05 30 4.59375% 46,010,278.62 176,133.10 0.00 CB-2 11/25/05 - 12/24/05 30 4.69375% 80,088,488.88 313,262.79 0.00 CB-3 11/25/05 - 12/24/05 30 0.80625% 80,088,488.88 53,809.45 0.00 CB-4 11/25/05 - 12/24/05 30 0.90625% 46,010,278.62 34,747.35 0.00 CB-5 11/01/05 - 11/30/05 30 5.50000% 9,000,000.00 41,250.00 0.00 CB-6 11/25/05 - 12/24/05 30 4.59375% 80,757,063.92 309,148.14 0.00 CB-7 11/25/05 - 12/24/05 30 0.90625% 80,757,063.92 60,988.41 0.00 CB-8 11/01/05 - 11/30/05 30 5.50000% 20,000,000.00 91,666.67 0.00 CB-9 11/01/05 - 11/30/05 30 5.50000% 833,000.00 3,817.92 0.00 CB-10 11/01/05 - 11/30/05 30 5.50000% 12,893,175.44 59,093.72 0.00 CB-11 11/01/05 - 11/30/05 30 5.50000% 4,880,824.56 22,370.45 0.00 CB-12 11/01/05 - 11/30/05 30 5.50000% 3,906,140.05 17,903.14 0.00 CB-13 11/01/05 - 11/30/05 30 5.50000% 12,410,000.00 56,879.17 0.00 CB-R N/A N/A 5.50000% 0.00 0.00 0.00 CB-IO 11/01/05 - 11/30/05 30 5.50000% 14,920,911.33 68,387.51 0.00 2-A-1 11/01/05 - 11/30/05 30 5.00000% 18,335,669.61 76,398.62 0.00 3-A-1 11/01/05 - 11/30/05 30 5.50000% 28,331,793.66 129,854.05 0.00 A-PO N/A N/A 0.00000% 1,207,866.88 0.00 0.00 15-IO 11/25/05 - 12/24/05 30 5.50000% 911,640.07 4,178.35 0.00 B-1 11/25/05 - 12/24/05 30 5.47085% 6,351,981.97 28,958.95 0.00 B-2 11/25/05 - 12/24/05 30 5.47085% 2,646,741.67 12,066.61 0.00 B-3 11/25/05 - 12/24/05 30 5.47085% 1,940,745.86 8,847.94 0.00 B-4 11/25/05 - 12/24/05 30 5.47085% 1,234,750.04 5,629.28 0.00 B-5 11/25/05 - 12/24/05 30 5.47085% 705,995.81 3,218.66 0.00 B-6 11/25/05 - 12/24/05 30 5.47085% 1,235,166.95 5,631.18 0.00 Totals 1,584,241.46 0.00
Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/Notional Shortfall(1) Shortfall Distribution Shortfall(2) Balance CB-1 0.00 0.00 176,133.10 0.00 45,314,364.98 CB-2 0.00 0.00 313,262.79 0.00 78,558,329.37 CB-3 0.00 0.00 53,809.45 0.00 78,558,329.37 CB-4 0.00 0.00 34,747.35 0.00 45,314,364.98 CB-5 0.00 0.00 41,250.00 0.00 9,000,000.00 CB-6 0.00 0.00 309,148.14 0.00 79,535,565.42 CB-7 0.00 0.00 60,988.41 0.00 79,535,565.42 CB-8 0.00 0.00 91,666.67 0.00 20,000,000.00 CB-9 0.00 0.00 3,817.92 0.00 833,000.00 CB-10 0.00 0.00 59,093.72 0.00 12,952,269.17 CB-11 0.00 0.00 22,370.45 0.00 4,821,730.83 CB-12 0.00 0.00 17,903.14 0.00 3,831,509.88 CB-13 0.00 0.00 56,879.17 0.00 12,410,000.00 CB-R 0.00 0.00 0.09 0.00 0.00 CB-IO 0.00 0.00 68,387.51 0.00 14,658,501.99 2-A-1 0.00 0.00 76,398.62 0.00 18,261,267.96 3-A-1 0.00 0.00 129,854.05 0.00 28,217,202.34 A-PO 0.00 0.00 0.00 0.00 1,191,762.69 15-IO 0.00 0.00 4,178.35 0.00 907,965.40 B-1 0.00 0.00 28,958.95 0.00 6,342,769.76 B-2 0.00 0.00 12,066.61 0.00 2,642,903.13 B-3 0.00 0.00 8,847.94 0.00 1,937,931.21 B-4 0.00 0.00 5,629.28 0.00 1,232,959.30 B-5 0.00 0.00 3,218.66 0.00 704,971.92 B-6 0.00 0.00 5,631.18 0.00 1,233,375.60 Totals 0.00 0.00 1,584,241.55 0.00 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable
Interest Distribution Factors Statement Class Accrual Original Current Beginning Current Payment of Dates Face Certificate Certificate/Notional Accrued Unpaid Interest Amount Rate Balance Interest Shortfall CB-1 11/25/05 - 12/24/05 50,000,000.00 4.59375% 920.205572 3.522662 0.000000 CB-2 11/25/05 - 12/24/05 88,861,000.00 4.69375% 901.278276 3.525312 0.000000 CB-3 11/25/05 - 12/24/05 0.00 0.80625% 901.278276 0.605546 0.000000 CB-4 11/25/05 - 12/24/05 0.00 0.90625% 920.205572 0.694947 0.000000 CB-5 11/01/05 - 11/30/05 9,000,000.00 5.50000% 1000.000000 4.583333 0.000000 CB-6 11/25/05 - 12/24/05 87,760,000.00 4.59375% 920.203554 3.522654 0.000000 CB-7 11/25/05 - 12/24/05 0.00 0.90625% 920.203554 0.694945 0.000000 CB-8 11/01/05 - 11/30/05 20,000,000.00 5.50000% 1000.000000 4.583333 0.000000 CB-9 11/01/05 - 11/30/05 833,000.00 5.50000% 1000.000000 4.583337 0.000000 CB-10 11/01/05 - 11/30/05 12,487,000.00 5.50000% 1032.527864 4.732419 0.000000 CB-11 11/01/05 - 11/30/05 5,287,000.00 5.50000% 923.174685 4.231218 0.000000 CB-12 11/01/05 - 11/30/05 4,334,000.00 5.50000% 901.278276 4.130858 0.000000 CB-13 11/01/05 - 11/30/05 12,410,000.00 5.50000% 1000.000000 4.583334 0.000000 CB-R N/A 100.00 5.50000% 0.000000 0.000000 0.000000 CB-IO 11/01/05 - 11/30/05 0.00 5.50000% 898.432426 4.117815 0.000000 2-A-1 11/01/05 - 11/30/05 20,082,000.00 5.00000% 913.040016 3.804333 0.000000 3-A-1 11/01/05 - 11/30/05 29,801,000.00 5.50000% 950.699428 4.357372 0.000000 A-PO N/A 1,249,480.28 0.00000% 966.695433 0.000000 0.000000 15-IO 11/25/05 - 12/24/05 0.00 5.50000% 931.868474 4.271064 0.000000 B-1 11/25/05 - 12/24/05 6,415,000.00 5.47085% 990.176457 4.514256 0.000000 B-2 11/25/05 - 12/24/05 2,673,000.00 5.47085% 990.176457 4.514257 0.000000 B-3 11/25/05 - 12/24/05 1,960,000.00 5.47085% 990.176459 4.514255 0.000000 B-4 11/25/05 - 12/24/05 1,247,000.00 5.47085% 990.176455 4.514258 0.000000 B-5 11/25/05 - 12/24/05 713,000.00 5.47085% 990.176452 4.514250 0.000000 B-6 11/25/05 - 12/24/05 1,247,420.00 5.47085% 990.177286 4.514261 0.000000
Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(2) Notional Balance CB-1 0.000000 0.000000 3.522662 0.000000 906.287300 CB-2 0.000000 0.000000 3.525312 0.000000 884.058579 CB-3 0.000000 0.000000 0.605546 0.000000 884.058579 CB-4 0.000000 0.000000 0.694947 0.000000 906.287300 CB-5 0.000000 0.000000 4.583333 0.000000 1000.000000 CB-6 0.000000 0.000000 3.522654 0.000000 906.284930 CB-7 0.000000 0.000000 0.694945 0.000000 906.284930 CB-8 0.000000 0.000000 4.583333 0.000000 1000.000000 CB-9 0.000000 0.000000 4.583337 0.000000 1000.000000 CB-10 0.000000 0.000000 4.732419 0.000000 1037.260284 CB-11 0.000000 0.000000 4.231218 0.000000 911.997509 CB-12 0.000000 0.000000 4.130858 0.000000 884.058579 CB-13 0.000000 0.000000 4.583334 0.000000 1000.000000 CB-R 0.000000 0.000000 0.900000 0.000000 0.000000 CB-IO 0.000000 0.000000 4.117815 0.000000 882.631980 2-A-1 0.000000 0.000000 3.804333 0.000000 909.335124 3-A-1 0.000000 0.000000 4.357372 0.000000 946.854211 A-PO 0.000000 0.000000 0.000000 0.000000 953.806722 15-IO 0.000000 0.000000 4.271064 0.000000 928.112267 B-1 0.000000 0.000000 4.514256 0.000000 988.740415 B-2 0.000000 0.000000 4.514257 0.000000 988.740415 B-3 0.000000 0.000000 4.514255 0.000000 988.740413 B-4 0.000000 0.000000 4.514258 0.000000 988.740417 B-5 0.000000 0.000000 4.514250 0.000000 988.740421 B-6 0.000000 0.000000 4.514261 0.000000 988.741242 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable. All classes are per 1,000 dollar denomination.
Certificateholder Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage 1-A-PO 0.00000% 0.00 0.00 817,310.90 802,790.85 95.70115935% 2-A-PO 0.00000% 0.00 0.00 176,702.20 175,944.92 93.29695946% 3-A-PO 0.00000% 0.00 0.00 213,853.78 213,026.92 95.93965339% 2-15-IO 5.50000% 444,217.56 442,428.18 0.00 0.00 91.10821888% 3-15-IO 5.50000% 467,422.51 465,537.22 0.00 0.00 94.48976884%
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 5,402,337.26 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Swap/Cap Payments 0.00 Total Deposits 5,402,337.26 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Total Administration Fees 70,325.34 Payment of Interest and Principal 5,332,011.92 Total Withdrawals (Pool Distribution Amount) 5,402,337.26 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
ADMINISTRATION FEES Gross Servicing Fee* 69,327.02 Wells Fargo Bank, N.A. 998.32 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 70,325.34 *Servicer Payees include: BANK OF AMERICA (NY)
Reserve Accounts Account Name Beginning Current Withdrawals Current Deposits Ending Balance Balance Class CB-1 Reserve 0.00 0.00 0.00 0.00 Fund Class CB-2 Reserve 0.00 0.00 0.00 0.00 Fund Class CB-6 Reserve 0.00 0.00 0.00 0.00 Fund
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.966530% Weighted Average Pass-Through Rate 5.712930% Weighted Average Remaining Term 325 Beginning Scheduled Collateral Loan Count 2,302 Number Of Loans Paid In Full 20 Ending Scheduled Collateral Loan Count 2,282 Beginning Scheduled Collateral Balance 332,769,683.96 Ending Scheduled Collateral Balance 329,021,913.59 Ending Actual Collateral Balance at 30-Nov-2005 329,414,819.07 Monthly P&I Constant 2,139,832.85 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 0.00 Prepayment Penalty Paid Count 0 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 5,214,979.45 Class AP Deferred Amount 0.00 Scheduled Principal 485,265.97 Unscheduled Principal 3,262,504.40
Group Level Collateral Statement Group 1 2 3 Collateral Description Fixed 15 & 30 Year Fixed 15 & 30 Year Fixed 15 & 30 Year Weighted Average Coupon Rate 6.027053 5.334266 5.800451 Weighted Average Net Rate 5.777053 5.084266 5.550451 Weighted Average Remaining Term 352 172 172 Beginning Loan Count 1,934 106 262 Loans Paid In Full 20 0 0 Ending Loan Count 1,914 106 262 Beginning Scheduled Balance 283,668,459.49 19,335,286.47 29,765,938.00 Ending Scheduled Balance 280,119,040.01 19,256,917.44 29,645,956.14 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 1,723,213.44 161,406.64 255,212.77 Scheduled Principal 298,476.08 75,457.01 111,332.88 Unscheduled Principal 3,250,943.40 2,912.02 8,648.98 Scheduled Interest 1,424,737.36 85,949.63 143,879.89 Servicing Fee 59,097.60 4,028.18 6,201.24 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 851.01 58.01 89.30 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 1,364,788.75 81,863.44 137,589.35 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 Penalty Waived Amount 0.00 0.00 0.00 Prepayment Penalty Waived Count 0 0 0 Prepayment Penalty Paid Amount 0.00 0.00 0.00 Prepayment Penalty Paid Count 0 0 0 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.773453 5.080666 5.546851
Group Level Collateral Statement Group Total Collateral Description Mixed Fixed Weighted Average Coupon Rate 5.966530 Weighted Average Net Rate 5.716530 Weighted Average Remaining Term 325 Beginning Loan Count 2,302 Loans Paid In Full 20 Ending Loan Count 2,282 Beginning Scheduled Balance 332,769,683.96 Ending scheduled Balance 329,021,913.59 Record Date 11/30/2005 Principal And Interest Constant 2,139,832.85 Scheduled Principal 485,265.97 Unscheduled Principal 3,262,504.40 Scheduled Interest 1,654,566.88 Servicing Fee 69,327.02 Master Servicing Fee 0.00 Trustee Fee 998.32 FRY Amount 0.00 Special Hazard Fee 0.00 Other Fee 0.00 Pool Insurance Fee 0.00 Spread 1 0.00 Spread 2 0.00 Spread 3 0.00 Net Interest 1,584,241.54 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Percentage of Cumulative Losses 0.0000 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 0.00 Prepayment Penalty Paid Count 0 Special Servicing Fee 0.00 Pass-Through Rate 5.712930
Additional Reporting - Deal Level Miscellaneous Reporting Senior % 95.395239% Subordinate % 4.604761%
Additional Reporting - Group Level Miscellaneous Reporting 1 CPR 12.930627% Subordinate % 4.268032% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 95.731968% 2 CPR 0.181285% Subordinate % 4.295279% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 95.704721% 3 CPR 0.349428% Subordinate % 4.129287% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 95.870713%
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 2 0 0 2 371,902.09 0.00 0.00 371,902.09 30 Days 13 0 0 0 13 1,516,398.03 0.00 0.00 0.00 1,516,398.03 60 Days 6 0 0 0 6 618,124.87 0.00 0.00 0.00 618,124.87 90 Days 1 0 0 0 1 159,176.28 0.00 0.00 0.00 159,176.28 120 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 20 2 0 0 22 2,293,699.18 371,902.09 0.00 0.00 2,665,601.27 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 0.087642% 0.000000% 0.000000% 0.087642% 0.112898% 0.000000% 0.000000% 0.112898% 30 Days 0.569676% 0.000000% 0.000000% 0.000000% 0.569676% 0.460331% 0.000000% 0.000000% 0.000000% 0.460331% 60 Days 0.262927% 0.000000% 0.000000% 0.000000% 0.262927% 0.187643% 0.000000% 0.000000% 0.000000% 0.187643% 90 Days 0.043821% 0.000000% 0.000000% 0.000000% 0.043821% 0.048321% 0.000000% 0.000000% 0.000000% 0.048321% 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 0.876424% 0.087642% 0.000000% 0.000000% 0.964067% 0.696295% 0.112898% 0.000000% 0.000000% 0.809193%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 14,496.02
Delinquency Status By Group 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 2 0 0 2 371,902.09 0.00 0.00 371,902.09 30 Days 8 0 0 0 8 1,223,712.02 0.00 0.00 0.00 1,223,712.02 60 Days 4 0 0 0 4 484,780.11 0.00 0.00 0.00 484,780.11 90 Days 1 0 0 0 1 159,176.28 0.00 0.00 0.00 159,176.28 120 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 13 2 0 0 15 1,867,668.41 371,902.09 0.00 0.00 2,239,570.50 0-29 Days 0.104493% 0.000000% 0.000000% 0.104493% 0.132652% 0.000000% 0.000000% 0.132652% 30 Days 0.417973% 0.000000% 0.000000% 0.000000% 0.417973% 0.436481% 0.000000% 0.000000% 0.000000% 0.436481% 60 Days 0.208986% 0.000000% 0.000000% 0.000000% 0.208986% 0.172914% 0.000000% 0.000000% 0.000000% 0.172914% 90 Days 0.052247% 0.000000% 0.000000% 0.000000% 0.052247% 0.056776% 0.000000% 0.000000% 0.000000% 0.056776% 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 0.679206% 0.104493% 0.000000% 0.000000% 0.783699% 0.666171% 0.132652% 0.000000% 0.000000% 0.798824% 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 2 0 0 0 2 176,003.33 0.00 0.00 0.00 176,003.33 60 Days 2 0 0 0 2 133,344.76 0.00 0.00 0.00 133,344.76 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 4 309,348.09 0.00 0.00 0.00 309,348.09 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.886792% 0.000000% 0.000000% 0.000000% 1.886792% 0.911304% 0.000000% 0.000000% 0.000000% 0.911304% 60 Days 1.886792% 0.000000% 0.000000% 0.000000% 1.886792% 0.690428% 0.000000% 0.000000% 0.000000% 0.690428% 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 3.773585% 0.000000% 0.000000% 0.000000% 3.773585% 1.601732% 0.000000% 0.000000% 0.000000% 1.601732% 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 3 0 0 0 3 116,682.68 0.00 0.00 0.00 116,682.68 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 3 116,682.68 0.00 0.00 0.00 116,682.68 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.145038% 0.000000% 0.000000% 0.000000% 1.145038% 0.392305% 0.000000% 0.000000% 0.000000% 0.392305% 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 1.145038% 0.000000% 0.000000% 0.000000% 1.145038% 0.392305% 0.000000% 0.000000% 0.000000% 0.392305%
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 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% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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 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% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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 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% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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. 3 12 Month REO History* New REO Loans Month REO Percentage 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% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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 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% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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 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% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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 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% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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. 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage 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% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 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% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal Balance 375,500.00 Jul-05 0.000% Current Principal Balance 371,902.09 Aug-05 0.000% Sep-05 0.082% Oct-05 0.083% Nov-05 0.112% Dec-05 0.113% *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 Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 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% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 2 Jun-05 0.000% Original Principal Balance 375,500.00 Jul-05 0.000% Current Principal Balance 371,902.09 Aug-05 0.000% Sep-05 0.096% Oct-05 0.097% Nov-05 0.131% Dec-05 0.133% *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 Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 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% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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. 3 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 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% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-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.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance 1 6182063831 Sep-2005 01-May-2005 CA 74.53 279,500.00 1 6736713352 Nov-2005 01-Apr-2005 IN 80.00 96,000.00
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Principal Date Delinquent Loan Rate Delinquent Balance Interest 1 6182063831 276,662.05 01-Dec-2005 (1) 5.625% 1,240.73 1 6736713352 95,240.04 01-Nov-2005 0 6.125% 933.03
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% 3 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. 3 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.000% N/A May-2005 0.000% N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A Sep-2005 0.000% N/A Sep-2005 0.000% N/A Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-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 www. monthly bond remittance report can be viewed online at 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)
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 20 3,198,325.00 3,174,650.74 0 0.00 0.00 2 0 0.00 0.00 0 0.00 0.00 3 0 0.00 0.00 0 0.00 0.00 Total 20 3,198,325.00 3,174,650.74 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 0.00 285,345.72 2 0 0.00 0.00 0 0.00 0.00 2,912.02 3 0 0.00 0.00 0 0.00 0.00 8,648.98 Total 0 0.00 0.00 0 0.00 0.00 296,906.72
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 3301547752 SC 80.00 01-May-2005 43,200.00 42,881.53 1 3301563890 TX 80.00 01-May-2005 128,000.00 127,033.70 1 3301658039 FL 57.14 01-May-2005 60,000.00 59,502.09 1 6016416411 TX 59.67 01-Apr-2005 36,700.00 36,360.60 1 6061424278 NJ 90.00 01-May-2005 117,000.00 116,116.12 1 6099724814 CA 43.11 01-Apr-2005 207,500.00 205,690.62 1 6112710667 FL 78.30 01-Apr-2005 207,500.00 0.00 1 6118941761 CA 80.00 01-Apr-2005 236,000.00 234,084.07 1 6166197316 CA 75.00 01-Apr-2005 326,250.00 323,096.65 1 6209847679 IL 79.06 01-May-2005 340,000.00 337,308.59 1 6280776979 FL 80.00 01-May-2005 160,000.00 158,848.59 1 6300658868 MD 80.00 01-Apr-2005 173,600.00 172,013.16 1 6689656277 NY 90.00 01-May-2005 24,795.00 24,616.53 1 6777016871 CA 58.46 01-May-2005 190,000.00 188,495.90 1 6874319822 FL 70.00 01-May-2005 98,000.00 97,127.92 1 6883105428 IL 90.00 01-Apr-2005 189,000.00 187,465.66 1 6908217646 MD 80.00 01-Apr-2005 149,680.00 148,279.30 1 6929623491 MD 80.00 01-May-2005 260,000.00 257,791.57 1 6975486843 RI 90.00 01-May-2005 193,500.00 191,763.06 1 6993917423 TX 80.00 01-May-2005 57,600.00 57,122.02
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 3301547752 Loan Paid in Full 0 6.500% 360 7 1 3301563890 Loan Paid in Full 0 6.375% 360 7 1 3301658039 Loan Paid in Full 0 5.875% 360 7 1 6016416411 Loan Paid in Full 0 6.375% 360 8 1 6061424278 Loan Paid in Full 0 6.375% 360 7 1 6099724814 Loan Paid in Full 0 6.250% 360 8 1 6112710667 Loan Paid in Full 0 6.625% 360 8 1 6118941761 Loan Paid in Full 0 6.625% 360 8 1 6166197316 Loan Paid in Full 0 5.875% 360 8 1 6209847679 Loan Paid in Full 0 6.125% 360 7 1 6280776979 Loan Paid in Full 0 6.625% 360 7 1 6300658868 Loan Paid in Full 0 6.000% 360 8 1 6689656277 Loan Paid in Full 0 6.625% 360 7 1 6777016871 Loan Paid in Full 0 6.125% 360 7 1 6874319822 Loan Paid in Full 0 5.500% 360 7 1 6883105428 Loan Paid in Full 0 6.625% 360 8 1 6908217646 Loan Paid in Full 0 5.875% 360 8 1 6929623491 Loan Paid in Full 0 5.750% 360 7 1 6975486843 Loan Paid in Full 0 5.500% 360 7 1 6993917423 Loan Paid in Full (1) 5.875% 360 7
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 0.982% Current Month 11.166% Current Month 748.887% 3 Month Average 0.915% 3 Month Average 10.423% 3 Month Average 826.086% 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 1.994% N/A May-2005 2,176.203% N/A Jun-2005 7.103% N/A Jun-2005 2,436.086% N/A Jul-2005 11.106% N/A Jul-2005 2,260.147% N/A Aug-2005 13.333% N/A Aug-2005 1,927.436% N/A Sep-2005 12.729% N/A Sep-2005 1,427.731% N/A Oct-2005 12.158% N/A Oct-2005 1,114.045% N/A Nov-2005 7.944% N/A Nov-2005 615.327% N/A Dec-2005 11.166% N/A Dec-2005 748.887% 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 1.147% Current Month 12.931% Current Month 868.290% 3 Month Average 1.044% 3 Month Average 11.806% 3 Month Average 935.695% 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 2.312% N/A May-2005 2,564.458% N/A Jun-2005 8.228% N/A Jun-2005 2,836.162% N/A Jul-2005 11.634% N/A Jul-2005 2,374.778% N/A Aug-2005 12.189% N/A Aug-2005 1,766.001% N/A Sep-2005 13.172% N/A Sep-2005 1,480.174% N/A Oct-2005 13.701% N/A Oct-2005 1,257.403% N/A Nov-2005 8.785% N/A Nov-2005 681.392% N/A Dec-2005 12.931% N/A Dec-2005 868.290% 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 0.015% Current Month 0.181% Current Month 11.950% 3 Month Average 0.183% 3 Month Average 2.136% 3 Month Average 189.018% 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.171% N/A May-2005 153.271% N/A Jun-2005 0.424% N/A Jun-2005 136.167% N/A Jul-2005 10.205% N/A Jul-2005 1,991.013% N/A Aug-2005 36.165% N/A Aug-2005 5,056.001% N/A Sep-2005 10.759% N/A Sep-2005 1,174.093% N/A Oct-2005 6.054% N/A Oct-2005 541.969% N/A Nov-2005 0.173% N/A Nov-2005 13.134% N/A Dec-2005 0.181% N/A Dec-2005 11.950% 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. 3 SMM CPR PSA Current Month 0.029% Current Month 0.349% Current Month 23.428% 3 Month Average 0.151% 3 Month Average 1.775% 3 Month Average 137.736% 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. 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 N/A N/A Apr-2005 N/A N/A May-2005 0.096% N/A May-2005 103.954% N/A Jun-2005 0.223% N/A Jun-2005 76.333% N/A Jul-2005 6.467% N/A Jul-2005 1,315.483% N/A Aug-2005 6.517% N/A Aug-2005 943.115% N/A Sep-2005 9.657% N/A Sep-2005 1,083.627% N/A Oct-2005 0.315% N/A Oct-2005 28.853% N/A Nov-2005 4.661% N/A Nov-2005 360.928% N/A Dec-2005 0.349% N/A Dec-2005 23.428% 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))
Modifications Loan Beginning Current Prior Modified Prior Modified Number Balance Balance Rate Rate Payment Payment No Modifications this Period
Substitutions Loans Repurchased Loans Substituted Loan Current Current Current Loan Current Current Current Number Balance Rate Payment Number Balance Rate Payment No Substitutions this Period
Repurchases Loan Current Current Current Number Balance Rate Payment No Repurchases this Period
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