8-K 1 aeg05002_8k-200511.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): November 25, 2005 AEGIS ASSET BACKED SECURITIES TRUST Asset Backed Securities, Series 2005-2 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-118695-03 Pooling and Servicing Agreement) (Commission N/A (State or other File Number) IRS EIN jurisdiction of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On November 25, 2005 a distribution was made to holders of AEGIS ASSET BACKED SECURITIES TRUST, Asset Backed Securities, Series 2005-2 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Securities, Series 2005-2 Trust, relating to the November 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. AEGIS ASSET BACKED SECURITIES TRUST Asset Backed Securities, Series 2005-2 Trust (Registrant) By: Wells Fargo Bank, N.A. as Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 11/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Securities, Series 2005-2 Trust, relating to the November 25, 2005 distribution. EX-99.1
AEGIS Asset Backed Securities Trust Asset Backed Securities Record Date: 10/31/2005 Distribution Date: 11/25/2005 AEGIS Asset Backed Securities Trust Asset Backed Securities Series 2005-2 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution 1A1 00764MEW3 SEN 4.13750% 127,016,262.27 452,539.54 1A2 00764MEX1 SEN 4.23750% 194,917,000.00 711,244.01 1A3 00764MEY9 SEN 4.36750% 25,495,000.00 95,884.22 2A1 00764MEZ6 SEN 4.26750% 276,058,433.49 1,014,457.23 2A2 00764MFA0 SEN 4.31750% 69,014,608.37 256,585.77 M1 00764MFB8 SEN 4.45750% 38,500,000.00 147,778.51 M2 00764MFC6 SEN 4.47750% 34,000,000.00 131,091.25 M3 00764MFD4 SEN 4.51750% 21,000,000.00 81,691.46 M4 00764MFE2 SEN 4.66750% 18,500,000.00 74,355.87 M5 00764MFF9 SEN 4.68750% 18,000,000.00 72,656.25 M6 00764MFG7 SEN 4.73750% 16,500,000.00 67,311.98 B1 00764MFH5 SUB 5.26750% 15,000,000.00 68,038.54 B2 00764MFJ1 SUB 5.38750% 14,000,000.00 64,949.31 B3 00764MFK8 SUB 5.78750% 11,000,000.00 54,820.49 N1 00764MFL6 SEN 4.45000% 22,565,173.99 83,679.19 N2 00764MFM4 SEN 5.25000% 7,500,000.00 32,812.50 CE AEG05002C SEN 0.00000% 0.00 0.00 Totals 909,066,478.12 3,409,896.12
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1A1 12,503,986.04 0.00 114,512,276.23 12,956,525.58 0.00 1A2 0.00 0.00 194,917,000.00 711,244.01 0.00 1A3 0.00 0.00 25,495,000.00 95,884.22 0.00 2A1 11,294,152.57 0.00 264,764,280.91 12,308,609.80 0.00 2A2 2,823,538.14 0.00 66,191,070.23 3,080,123.91 0.00 M1 0.00 0.00 38,500,000.00 147,778.51 0.00 M2 0.00 0.00 34,000,000.00 131,091.25 0.00 M3 0.00 0.00 21,000,000.00 81,691.46 0.00 M4 0.00 0.00 18,500,000.00 74,355.87 0.00 M5 0.00 0.00 18,000,000.00 72,656.25 0.00 M6 0.00 0.00 16,500,000.00 67,311.98 0.00 B1 0.00 0.00 15,000,000.00 68,038.54 0.00 B2 0.00 0.00 14,000,000.00 64,949.31 0.00 B3 0.00 0.00 11,000,000.00 54,820.49 0.00 N1 2,577,231.34 0.00 19,987,942.65 2,660,910.53 0.00 N2 0.00 0.00 7,500,000.00 32,812.50 0.00 CE 0.00 0.00 0.00 0.00 0.00 Totals 29,198,908.09 0.00 879,867,570.02 32,608,804.21 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) 1A1 181,968,000.00 127,016,262.27 0.00 12,503,986.04 0.00 0.00 1A2 194,917,000.00 194,917,000.00 0.00 0.00 0.00 0.00 1A3 25,495,000.00 25,495,000.00 0.00 0.00 0.00 0.00 2A1 309,296,000.00 276,058,433.49 0.00 11,294,152.57 0.00 0.00 2A2 77,324,000.00 69,014,608.37 0.00 2,823,538.14 0.00 0.00 M1 38,500,000.00 38,500,000.00 0.00 0.00 0.00 0.00 M2 34,000,000.00 34,000,000.00 0.00 0.00 0.00 0.00 M3 21,000,000.00 21,000,000.00 0.00 0.00 0.00 0.00 M4 18,500,000.00 18,500,000.00 0.00 0.00 0.00 0.00 M5 18,000,000.00 18,000,000.00 0.00 0.00 0.00 0.00 M6 16,500,000.00 16,500,000.00 0.00 0.00 0.00 0.00 B1 15,000,000.00 15,000,000.00 0.00 0.00 0.00 0.00 B2 14,000,000.00 14,000,000.00 0.00 0.00 0.00 0.00 B3 11,000,000.00 11,000,000.00 0.00 0.00 0.00 0.00 N1 38,490,000.00 22,565,173.99 0.00 2,577,231.34 0.00 0.00 N2 7,500,000.00 7,500,000.00 0.00 0.00 0.00 0.00 CE 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,021,490,000.00 909,066,478.12 0.00 29,198,908.09 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 1A1 12,503,986.04 114,512,276.23 0.62929898 12,503,986.04 1A2 0.00 194,917,000.00 1.00000000 0.00 1A3 0.00 25,495,000.00 1.00000000 0.00 2A1 11,294,152.57 264,764,280.91 0.85602232 11,294,152.57 2A2 2,823,538.14 66,191,070.23 0.85602232 2,823,538.14 M1 0.00 38,500,000.00 1.00000000 0.00 M2 0.00 34,000,000.00 1.00000000 0.00 M3 0.00 21,000,000.00 1.00000000 0.00 M4 0.00 18,500,000.00 1.00000000 0.00 M5 0.00 18,000,000.00 1.00000000 0.00 M6 0.00 16,500,000.00 1.00000000 0.00 B1 0.00 15,000,000.00 1.00000000 0.00 B2 0.00 14,000,000.00 1.00000000 0.00 B3 0.00 11,000,000.00 1.00000000 0.00 N1 2,577,231.34 19,987,942.65 0.51930223 2,577,231.34 N2 0.00 7,500,000.00 1.00000000 0.00 CE 0.00 0.00 0.00000000 0.00 Totals 29,198,908.09 879,867,570.02 0.86135701 29,198,908.09
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1A1 181,968,000.00 698.01427872 0.00000000 68.71530181 0.00000000 1A2 194,917,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1A3 25,495,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 2A1 309,296,000.00 892.53800078 0.00000000 36.51567615 0.00000000 2A2 77,324,000.00 892.53800075 0.00000000 36.51567612 0.00000000 M1 38,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M2 34,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M3 21,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M4 18,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M5 18,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M6 16,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B1 15,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B2 14,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B3 11,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 N1 38,490,000.00 586.26069083 0.00000000 66.95846558 0.00000000 N2 7,500,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 0.00 0.00000000 0.00000000 0.00000000 0.00000000
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1A1 0.00000000 68.71530181 629.29897691 0.62929898 68.71530181 1A2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1A3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 2A1 0.00000000 36.51567615 856.02232460 0.85602232 36.51567615 2A2 0.00000000 36.51567612 856.02232463 0.85602232 36.51567612 M1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 N1 0.00000000 66.95846558 519.30222525 0.51930223 66.95846558 N2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1A1 181,968,000.00 4.13750% 127,016,262.27 452,539.54 0.00 0.00 1A2 194,917,000.00 4.23750% 194,917,000.00 711,244.01 0.00 0.00 1A3 25,495,000.00 4.36750% 25,495,000.00 95,884.22 0.00 0.00 2A1 309,296,000.00 4.26750% 276,058,433.49 1,014,457.23 0.00 0.00 2A2 77,324,000.00 4.31750% 69,014,608.37 256,585.77 0.00 0.00 M1 38,500,000.00 4.45750% 38,500,000.00 147,778.51 0.00 0.00 M2 34,000,000.00 4.47750% 34,000,000.00 131,091.25 0.00 0.00 M3 21,000,000.00 4.51750% 21,000,000.00 81,691.46 0.00 0.00 M4 18,500,000.00 4.66750% 18,500,000.00 74,355.87 0.00 0.00 M5 18,000,000.00 4.68750% 18,000,000.00 72,656.25 0.00 0.00 M6 16,500,000.00 4.73750% 16,500,000.00 67,311.98 0.00 0.00 B1 15,000,000.00 5.26750% 15,000,000.00 68,038.54 0.00 0.00 B2 14,000,000.00 5.38750% 14,000,000.00 64,949.31 0.00 0.00 B3 11,000,000.00 5.78750% 11,000,000.00 54,820.49 0.00 0.00 N1 38,490,000.00 4.45000% 22,565,173.99 83,679.19 0.00 0.00 N2 7,500,000.00 5.25000% 7,500,000.00 32,812.50 0.00 0.00 CE 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,021,490,000.00 3,409,896.12 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 1A1 0.00 0.00 452,539.54 0.00 114,512,276.23 1A2 0.00 0.00 711,244.01 0.00 194,917,000.00 1A3 0.00 0.00 95,884.22 0.00 25,495,000.00 2A1 0.00 0.00 1,014,457.23 0.00 264,764,280.91 2A2 0.00 0.00 256,585.77 0.00 66,191,070.23 M1 0.00 0.00 147,778.51 0.00 38,500,000.00 M2 0.00 0.00 131,091.25 0.00 34,000,000.00 M3 0.00 0.00 81,691.46 0.00 21,000,000.00 M4 0.00 0.00 74,355.87 0.00 18,500,000.00 M5 0.00 0.00 72,656.25 0.00 18,000,000.00 M6 0.00 0.00 67,311.98 0.00 16,500,000.00 B1 0.00 0.00 68,038.54 0.00 15,000,000.00 B2 0.00 0.00 64,949.31 0.00 14,000,000.00 B3 0.00 0.00 54,820.49 0.00 11,000,000.00 N1 0.00 0.00 83,679.19 0.00 19,987,942.65 N2 0.00 0.00 32,812.50 0.00 7,500,000.00 CE 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,409,896.12 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 1A1 181,968,000.00 4.13750% 698.01427872 2.48691825 0.00000000 0.00000000 1A2 194,917,000.00 4.23750% 1000.00000000 3.64895833 0.00000000 0.00000000 1A3 25,495,000.00 4.36750% 1000.00000000 3.76090292 0.00000000 0.00000000 2A1 309,296,000.00 4.26750% 892.53800078 3.27989120 0.00000000 0.00000000 2A2 77,324,000.00 4.31750% 892.53800075 3.31831993 0.00000000 0.00000000 M1 38,500,000.00 4.45750% 1000.00000000 3.83840286 0.00000000 0.00000000 M2 34,000,000.00 4.47750% 1000.00000000 3.85562500 0.00000000 0.00000000 M3 21,000,000.00 4.51750% 1000.00000000 3.89006952 0.00000000 0.00000000 M4 18,500,000.00 4.66750% 1000.00000000 4.01923622 0.00000000 0.00000000 M5 18,000,000.00 4.68750% 1000.00000000 4.03645833 0.00000000 0.00000000 M6 16,500,000.00 4.73750% 1000.00000000 4.07951394 0.00000000 0.00000000 B1 15,000,000.00 5.26750% 1000.00000000 4.53590267 0.00000000 0.00000000 B2 14,000,000.00 5.38750% 1000.00000000 4.63923643 0.00000000 0.00000000 B3 11,000,000.00 5.78750% 1000.00000000 4.98368091 0.00000000 0.00000000 N1 38,490,000.00 4.45000% 586.26069083 2.17405014 0.00000000 0.00000000 N2 7,500,000.00 5.25000% 1000.00000000 4.37500000 0.00000000 0.00000000 CE 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) Per $1 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1A1 0.00000000 0.00000000 2.48691825 0.00000000 629.29897691 1A2 0.00000000 0.00000000 3.64895833 0.00000000 1000.00000000 1A3 0.00000000 0.00000000 3.76090292 0.00000000 1000.00000000 2A1 0.00000000 0.00000000 3.27989120 0.00000000 856.02232460 2A2 0.00000000 0.00000000 3.31831993 0.00000000 856.02232463 M1 0.00000000 0.00000000 3.83840286 0.00000000 1000.00000000 M2 0.00000000 0.00000000 3.85562500 0.00000000 1000.00000000 M3 0.00000000 0.00000000 3.89006952 0.00000000 1000.00000000 M4 0.00000000 0.00000000 4.01923622 0.00000000 1000.00000000 M5 0.00000000 0.00000000 4.03645833 0.00000000 1000.00000000 M6 0.00000000 0.00000000 4.07951394 0.00000000 1000.00000000 B1 0.00000000 0.00000000 4.53590267 0.00000000 1000.00000000 B2 0.00000000 0.00000000 4.63923643 0.00000000 1000.00000000 B3 0.00000000 0.00000000 4.98368091 0.00000000 1000.00000000 N1 0.00000000 0.00000000 2.17405014 0.00000000 519.30222525 N2 0.00000000 0.00000000 4.37500000 0.00000000 1000.00000000 CE 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (6) Amount Does Not Include Excess Special Hazard, Bankruptcy,or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 32,530,989.22 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 635,637.11 Realized Loss (Gains, Subsequent Expenses & Recoveries) (70,877.78) Prepayment Penalties 400,003.72 Total Deposits 33,495,752.27 Withdrawals Reimbursement for Servicer Advances 499,195.42 Payment of Service Fee 387,752.64 Payment of Interest and Principal 32,608,804.21 Total Withdrawals (Pool Distribution Amount) 33,495,752.27 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 376,458.87 Credit Risk Manager Fee 11,293.77 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 387,752.64
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 15 0 0 15 1,327,871.64 0.00 0.00 1,327,871.64 30 Days 346 1 1 0 348 39,271,883.89 74,868.31 67,778.68 0.00 39,414,530.88 60 Days 100 2 1 0 103 11,945,220.53 206,757.96 174,809.02 0.00 12,326,787.51 90 Days 65 13 23 0 101 8,742,130.15 2,086,225.29 3,711,652.00 0.00 14,540,007.44 120 Days 22 6 38 2 68 2,154,666.73 395,972.47 5,365,104.38 254,961.05 8,170,704.63 150 Days 19 7 22 15 63 1,605,545.72 482,394.84 3,208,644.91 1,857,067.73 7,153,653.20 180+ Days 46 3 13 8 70 4,807,191.20 298,200.00 1,728,745.91 828,110.76 7,662,247.87 Totals 598 47 98 25 768 68,526,638.22 4,872,290.51 14,256,734.90 2,940,139.54 90,595,803.17 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 0.209468% 0.000000% 0.000000% 0.209468% 0.151305% 0.000000% 0.000000% 0.151305% 30 Days 4.831727% 0.013965% 0.013965% 0.000000% 4.859656% 4.474844% 0.008531% 0.007723% 0.000000% 4.491097% 60 Days 1.396453% 0.027929% 0.013965% 0.000000% 1.438347% 1.361101% 0.023559% 0.019919% 0.000000% 1.404579% 90 Days 0.907694% 0.181539% 0.321184% 0.000000% 1.410418% 0.996124% 0.237715% 0.422925% 0.000000% 1.656764% 120 Days 0.307220% 0.083787% 0.530652% 0.027929% 0.949588% 0.245514% 0.045119% 0.611328% 0.029052% 0.931013% 150 Days 0.265326% 0.097752% 0.307220% 0.209468% 0.879765% 0.182944% 0.054967% 0.365610% 0.211604% 0.815125% 180+ Days 0.642368% 0.041894% 0.181539% 0.111716% 0.977517% 0.547756% 0.033978% 0.196982% 0.094359% 0.873077% Totals 8.350789% 0.656333% 1.368524% 0.349113% 10.724759% 7.808283% 0.555174% 1.624487% 0.335015% 10.322959%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 635,637.11
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 6 Dec-04 0.000% Original Principal Balance 802,800.00 Jan-05 0.000% Current Principal Balance 802,111.18 Feb-05 0.000% Mar-05 0.000% Current REO Total Apr-05 0.000% Loans in REO 25 May-05 0.000% Original Principal Balance 2,941,500.00 Jun-05 0.000% Current Principal Balance 2,940,139.54 Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.236% Nov-05 0.335% *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 Group 1 ARM 0200117414 Oct-2005 01-Apr-2005 MI 80.00 49,600.00 Group 1 ARM 0200118362 Oct-2005 01-Apr-2005 CO 72.65 170,000.00 Group 1 ARM 0200120160 Oct-2005 01-Apr-2005 MI 90.00 62,100.00 Group 1 ARM 0200120327 Nov-2005 01-Apr-2005 TX 79.98 191,400.00 Group 1 ARM 0200121820 Oct-2005 01-Apr-2005 MI 80.00 93,200.00 Group 1 ARM 0200130367 Oct-2005 01-May-2005 GA 80.00 228,000.00 Group 1 ARM 0200130698 Oct-2005 01-May-2005 MO 80.00 60,000.00 Group 1 ARM 0200134419 Oct-2005 01-May-2005 AL 94.94 110,600.00 Group 1 ARM 0200134948 Oct-2005 01-May-2005 MO 74.92 48,700.00 Group 1 ARM 0200141844 Oct-2005 01-May-2005 GA 80.00 296,000.00 Group 1 ARM 0400094470 Oct-2005 01-Apr-2005 MI 65.19 50,200.00 Group 1 ARM 0400095956 Oct-2005 01-Apr-2005 NH 80.00 180,000.00 Group 1 ARM 0500032701 Nov-2005 01-Feb-2005 MO 80.00 120,000.00 Group 1 ARM 0500034863 Nov-2005 01-Mar-2005 MN 80.00 160,000.00 Group 1 Fixed 0400097184 Nov-2005 01-Apr-2005 NC 55.85 75,400.00 Group 2 ARM 0200126514 Nov-2005 01-May-2005 MI 80.00 64,000.00 Group 2 ARM 0200126571 Oct-2005 01-Apr-2005 TN 84.92 50,100.00 Group 2 ARM 0200126654 Oct-2005 01-Apr-2005 MI 90.00 54,000.00 Group 2 ARM 0200140440 Oct-2005 01-May-2005 TN 90.00 106,200.00 Group 2 ARM 0400091351 Oct-2005 01-Mar-2005 MI 80.00 90,000.00 Group 2 ARM 0400093431 Oct-2005 01-Apr-2005 MI 80.00 93,600.00 Group 2 ARM 0500035878 Oct-2005 01-Feb-2005 GA 80.00 136,000.00 Group 2 ARM 0500042163 Oct-2005 01-Apr-2005 TN 80.00 138,400.00 Group 2 ARM 0500042726 Nov-2005 01-May-2005 CO 80.00 192,000.00 Group 2 Fixed 0500032628 Oct-2005 01-Mar-2005 GA 84.43 122,000.00
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 Group 1 ARM 0200117414 49,574.77 01-Apr-2005 5 9.430% 2,578.49 Group 1 ARM 0200118362 170,000.00 01-Mar-2005 6 7.850% 7,268.31 Group 1 ARM 0200120160 62,100.00 01-Mar-2005 6 9.450% 3,235.57 Group 1 ARM 0200120327 191,017.24 01-May-2005 4 5.990% 5,230.09 Group 1 ARM 0200121820 93,144.92 01-Apr-2005 5 8.620% 4,403.99 Group 1 ARM 0200130367 228,000.00 01-Apr-2005 5 6.700% 8,224.29 Group 1 ARM 0200130698 60,000.00 01-Apr-2005 5 8.050% 2,637.17 Group 1 ARM 0200134419 110,600.00 01-Apr-2005 5 8.990% 5,468.36 Group 1 ARM 0200134948 48,700.00 01-Apr-2005 5 10.090% 2,720.77 Group 1 ARM 0200141844 296,000.00 01-Apr-2005 5 7.330% 11,765.70 Group 1 ARM 0400094470 50,176.70 01-Apr-2005 5 10.200% 2,835.46 Group 1 ARM 0400095956 179,830.19 01-Apr-2005 5 6.280% 6,045.86 Group 1 ARM 0500032701 119,910.76 01-Feb-2005 7 7.490% 4,870.79 Group 1 ARM 0500034863 160,000.00 01-Mar-2005 6 7.350% 6,393.31 Group 1 Fixed 0400097184 75,239.37 01-Apr-2005 5 11.340% 4,726.38 Group 2 ARM 0200126514 63,943.81 01-May-2005 4 6.650% 1,960.49 Group 2 ARM 0200126571 50,100.00 01-Mar-2005 6 8.400% 2,302.97 Group 2 ARM 0200126654 54,000.00 01-Mar-2005 6 10.150% 3,034.45 Group 2 ARM 0200140440 106,200.00 01-Apr-2005 5 8.000% 4,636.79 Group 2 ARM 0400091351 90,000.00 01-Feb-2005 7 10.460% 5,218.31 Group 2 ARM 0400093431 93,564.01 01-Apr-2005 5 10.653% 5,534.16 Group 2 ARM 0500035878 135,740.69 01-Apr-2005 5 8.300% 6,164.09 Group 2 ARM 0500042163 138,297.08 01-Apr-2005 5 7.490% 5,626.25 Group 2 ARM 0500042726 192,000.00 01-Apr-2005 5 6.240% 6,410.30 Group 2 Fixed 0500032628 122,000.00 01-Feb-2005 7 9.400% 6,317.63
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 53 Dec-04 0.000% Original Principal Balance 7,771,145.00 Jan-05 0.000% Current Principal Balance 7,761,781.62 Feb-05 0.000% Mar-05 0.000% Current Foreclosure Total Apr-05 0.000% Loans in Foreclosure 98 May-05 0.000% Original Principal Balance 14,270,595.00 Jun-05 0.000% Current Principal Balance 14,256,734.90 Jul-05 0.137% Aug-05 0.442% Sep-05 0.787% Oct-05 0.859% Nov-05 1.624% *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 Group 1 ARM 0200105427 Nov-2005 01-Mar-2005 GA 80.00 316,000.00 Group 1 ARM 0200107456 Aug-2005 01-Mar-2005 MA 80.00 323,200.00 Group 1 ARM 0200110955 Nov-2005 01-Apr-2005 GA 89.93 118,800.00 Group 1 ARM 0200111367 Aug-2005 01-Apr-2005 FL 84.97 150,400.00 Group 1 ARM 0200112357 Nov-2005 01-Apr-2005 IN 74.91 41,200.00 Group 1 ARM 0200112415 Sep-2005 01-Apr-2005 PA 90.00 63,900.00 Group 1 ARM 0200112910 Oct-2005 01-Apr-2005 TX 80.00 145,600.00 Group 1 ARM 0200115921 Aug-2005 01-Apr-2005 CA 80.00 359,200.00 Group 1 ARM 0200118503 Nov-2005 01-Apr-2005 MO 80.00 52,000.00 Group 1 ARM 0200119188 Nov-2005 01-Apr-2005 OH 84.97 140,200.00 Group 1 ARM 0200120038 Sep-2005 01-Apr-2005 SC 84.87 48,800.00 Group 1 ARM 0200123974 Sep-2005 01-Apr-2005 MA 80.00 156,000.00 Group 1 ARM 0200124683 Nov-2005 01-Apr-2005 NV 91.22 269,100.00 Group 1 ARM 0200125771 Oct-2005 01-Apr-2005 MO 74.95 71,200.00 Group 1 ARM 0200126670 Nov-2005 01-May-2005 MI 88.62 77,100.00 Group 1 ARM 0200128098 Nov-2005 01-May-2005 MI 85.00 66,300.00 Group 1 ARM 0200128544 Oct-2005 01-May-2005 OH 74.94 59,200.00 Group 1 ARM 0200129823 Nov-2005 01-May-2005 OH 87.57 64,800.00 Group 1 ARM 0200130177 Nov-2005 01-May-2005 VA 64.86 240,000.00 Group 1 ARM 0200131639 Nov-2005 01-May-2005 TX 79.98 191,000.00 Group 1 ARM 0200133528 Nov-2005 01-May-2005 OH 73.91 51,000.00 Group 1 ARM 0200134401 Nov-2005 01-May-2005 MI 79.99 151,900.00 Group 1 ARM 0200134567 Nov-2005 01-May-2005 KY 74.86 80,100.00 Group 1 ARM 0200134740 Nov-2005 01-May-2005 MO 75.00 75,000.00 Group 1 ARM 0200139525 Nov-2005 01-May-2005 NY 95.00 427,400.00 Group 1 ARM 0200139731 Sep-2005 01-May-2005 CA 80.00 596,000.00 Group 1 ARM 0200140945 Aug-2005 01-May-2005 OH 88.00 145,200.00 Group 1 ARM 0200143238 Nov-2005 01-May-2005 TX 80.00 519,200.00 Group 1 ARM 0200145092 Nov-2005 01-May-2005 CA 80.00 294,400.00 Group 1 ARM 0400093696 Oct-2005 01-Apr-2005 OH 80.00 91,200.00 Group 1 ARM 0400094322 Oct-2005 01-Apr-2005 NH 75.00 148,500.00 Group 1 ARM 0400095006 Nov-2005 01-Apr-2005 AZ 84.93 60,300.00 Group 1 ARM 0400095386 Oct-2005 01-Apr-2005 NY 74.70 310,000.00 Group 1 ARM 0400101184 Nov-2005 01-Apr-2005 NY 70.00 346,500.00 Group 1 ARM 0400103131 Nov-2005 01-May-2005 CT 70.00 175,000.00 Group 1 ARM 0400108049 Oct-2005 01-May-2005 NY 85.00 253,300.00 Group 1 ARM 0400112033 Sep-2005 01-May-2005 MA 89.98 404,900.00 Group 1 ARM 0400112512 Nov-2005 01-May-2005 NY 85.00 297,500.00 Group 1 ARM 0500034343 Nov-2005 01-Apr-2005 MO 90.00 121,500.00 Group 1 ARM 0500035076 Nov-2005 01-Mar-2005 MN 80.00 199,920.00 Group 1 ARM 0500037031 Oct-2005 01-Mar-2005 NV 80.00 471,200.00 Group 1 ARM 0500039656 Nov-2005 01-Apr-2005 OK 95.00 67,925.00 Group 1 ARM 0500041942 Nov-2005 01-Apr-2005 CA 80.00 317,200.00 Group 1 Fixed 0200114700 Oct-2005 01-Apr-2005 OH 80.00 64,000.00 Group 1 Fixed 0200134393 Nov-2005 01-May-2005 MI 19.96 37,900.00 Group 1 Fixed 0200138261 Nov-2005 01-May-2005 TX 94.90 48,400.00 Group 1 Fixed 0200139871 Oct-2005 01-May-2005 CA 20.00 149,000.00 Group 1 Fixed 0200141109 Nov-2005 01-May-2005 OH 79.88 67,900.00 Group 2 ARM 0200110732 Aug-2005 01-Mar-2005 OH 84.94 67,100.00 Group 2 ARM 0200111193 Aug-2005 01-Apr-2005 OK 90.00 50,400.00 Group 2 ARM 0200114262 Nov-2005 01-Apr-2005 MO 79.37 100,000.00 Group 2 ARM 0200115053 Aug-2005 01-Apr-2005 IA 80.00 104,000.00 Group 2 ARM 0200115343 Sep-2005 01-Apr-2005 MS 80.00 86,400.00 Group 2 ARM 0200118479 Nov-2005 01-Apr-2005 RI 66.79 187,000.00 Group 2 ARM 0200122380 Aug-2005 01-Apr-2005 OH 79.97 55,900.00 Group 2 ARM 0200122588 Jul-2005 01-Apr-2005 PA 94.95 86,400.00 Group 2 ARM 0200123552 Aug-2005 01-Apr-2005 OH 75.00 96,000.00 Group 2 ARM 0200123586 Oct-2005 01-Apr-2005 NY 74.98 183,700.00 Group 2 ARM 0200123818 Aug-2005 01-Apr-2005 IN 68.00 71,400.00 Group 2 ARM 0200127546 Nov-2005 01-May-2005 PA 89.95 85,000.00 Group 2 ARM 0200130458 Nov-2005 01-May-2005 IL 85.00 115,000.00 Group 2 ARM 0200135465 Nov-2005 01-May-2005 OH 80.00 144,800.00 Group 2 ARM 0200140259 Nov-2005 01-May-2005 IL 80.00 132,000.00 Group 2 ARM 0200140457 Nov-2005 01-May-2005 IN 80.00 65,600.00 Group 2 ARM 0200143493 Oct-2005 01-May-2005 KY 80.00 69,600.00 Group 2 ARM 0200146959 Nov-2005 01-May-2005 OH 80.00 68,000.00 Group 2 ARM 0200146991 Nov-2005 01-May-2005 OH 80.00 66,000.00 Group 2 ARM 0200147064 Oct-2005 01-May-2005 KY 90.00 138,600.00 Group 2 ARM 0400091567 Sep-2005 01-Apr-2005 OH 80.00 64,800.00 Group 2 ARM 0400091948 Sep-2005 01-Apr-2005 OH 90.00 63,000.00 Group 2 ARM 0400091997 Aug-2005 01-Apr-2005 WI 76.55 111,000.00 Group 2 ARM 0400092516 Nov-2005 01-Apr-2005 GA 85.00 124,100.00 Group 2 ARM 0400093662 Oct-2005 01-Apr-2005 VT 61.77 135,900.00 Group 2 ARM 0400098026 Nov-2005 01-Apr-2005 CO 95.00 209,000.00 Group 2 ARM 0400099743 Sep-2005 01-Apr-2005 CT 64.58 200,200.00 Group 2 ARM 0400100152 Jul-2005 01-Apr-2005 TX 79.88 67,900.00 Group 2 ARM 0400100293 Sep-2005 01-Apr-2005 MN 85.00 204,000.00 Group 2 ARM 0400107009 Nov-2005 01-May-2005 MA 69.57 80,000.00 Group 2 ARM 0400108486 Nov-2005 01-May-2005 NE 80.00 92,800.00 Group 2 ARM 0400109484 Sep-2005 01-May-2005 AR 30.29 41,500.00 Group 2 ARM 0400111381 Nov-2005 01-May-2005 NV 80.00 328,000.00 Group 2 ARM 0400111969 Nov-2005 01-May-2005 NY 89.83 53,900.00 Group 2 ARM 0400112736 Nov-2005 01-May-2005 MN 70.00 87,500.00 Group 2 ARM 0400112975 Nov-2005 01-May-2005 CA 99.86 68,900.00 Group 2 ARM 0400113320 Nov-2005 01-May-2005 GA 80.00 108,000.00 Group 2 ARM 0500031935 Sep-2005 01-Feb-2004 TX 80.00 120,000.00 Group 2 ARM 0500032446 Sep-2005 01-Mar-2005 OH 75.06 66,800.00 Group 2 ARM 0500033279 Sep-2005 01-Feb-2005 WI 80.00 54,000.00 Group 2 ARM 0500037676 Jul-2005 01-Mar-2005 GA 80.00 108,000.00 Group 2 ARM 0500038625 Aug-2005 01-Mar-2005 OH 85.00 106,250.00 Group 2 ARM 0500039177 Nov-2005 01-Apr-2005 TX 80.00 119,200.00 Group 2 ARM 0500042718 Nov-2005 01-May-2005 MI 80.00 172,000.00 Group 2 ARM 0500043013 Nov-2005 01-May-2005 FL 76.84 73,000.00 Group 2 ARM 0500043203 Nov-2005 01-May-2005 MI 67.95 185,500.00 Group 2 Fixed 0200115780 Sep-2005 01-Apr-2005 OH 90.00 68,400.00 Group 2 Fixed 0200138048 Nov-2005 01-May-2005 OH 84.96 99,400.00 Group 2 Fixed 0400099149 Nov-2005 01-Apr-2005 OH 84.95 90,900.00 Group 2 Fixed 0400107751 Oct-2005 01-May-2005 OH 74.97 67,400.00
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 Group 1 ARM 0200105427 316,000.00 01-Jun-2005 3 8.302% 10,271.56 Group 1 ARM 0200107456 323,200.00 01-Mar-2005 6 7.570% 13,329.26 Group 1 ARM 0200110955 118,675.27 01-May-2005 4 9.208% 5,160.78 Group 1 ARM 0200111367 150,400.00 01-Mar-2005 6 8.895% 7,350.39 Group 1 ARM 0200112357 41,102.86 01-Jun-2005 3 7.244% 1,152.88 Group 1 ARM 0200112415 63,866.11 01-Apr-2005 5 9.140% 3,213.63 Group 1 ARM 0200112910 145,220.79 01-Jun-2005 3 6.736% 3,767.61 Group 1 ARM 0200115921 359,200.00 01-Mar-2005 6 6.750% 13,095.81 Group 1 ARM 0200118503 51,943.51 01-May-2005 4 9.045% 2,216.86 Group 1 ARM 0200119188 140,122.62 01-Apr-2005 5 8.950% 6,895.20 Group 1 ARM 0200120038 48,776.99 01-Apr-2005 5 9.700% 2,613.93 Group 1 ARM 0200123974 156,000.00 01-Mar-2005 6 6.950% 5,849.83 Group 1 ARM 0200124683 268,581.65 01-Jun-2005 3 8.250% 8,661.55 Group 1 ARM 0200125771 71,165.97 01-Apr-2005 5 9.640% 3,788.78 Group 1 ARM 0200126670 77,022.24 01-Jun-2005 3 9.400% 2,840.27 Group 1 ARM 0200128098 66,261.84 01-May-2005 4 9.445% 2,960.66 Group 1 ARM 0200128544 59,170.04 01-May-2005 4 9.490% 2,656.35 Group 1 ARM 0200129823 64,765.98 01-May-2005 4 9.190% 2,810.33 Group 1 ARM 0200130177 239,600.71 01-Jun-2005 3 6.940% 6,418.41 Group 1 ARM 0200131639 190,839.43 01-May-2005 4 6.950% 6,141.66 Group 1 ARM 0200133528 50,974.87 01-May-2005 4 9.490% 2,288.44 Group 1 ARM 0200134401 151,620.85 01-Jun-2005 3 6.430% 3,739.30 Group 1 ARM 0200134567 80,012.98 01-Jun-2005 3 9.690% 3,060.85 Group 1 ARM 0200134740 74,916.03 01-Jun-2005 3 8.900% 2,619.07 Group 1 ARM 0200139525 426,845.18 01-Jun-2005 3 8.180% 13,640.98 Group 1 ARM 0200139731 596,000.00 01-Apr-2005 5 7.200% 23,293.69 Group 1 ARM 0200140945 145,002.51 01-Jun-2005 3 7.950% 4,494.89 Group 1 ARM 0200143238 518,907.41 01-May-2005 4 8.850% 21,632.71 Group 1 ARM 0200145092 294,400.00 01-May-2005 4 7.300% 10,009.56 Group 1 ARM 0400093696 91,041.77 01-May-2005 4 6.726% 2,828.80 Group 1 ARM 0400094322 148,379.10 01-May-2005 4 10.408% 7,343.78 Group 1 ARM 0400095006 60,253.27 01-May-2005 4 10.638% 3,051.48 Group 1 ARM 0400095386 309,677.06 01-May-2005 4 9.246% 13,527.22 Group 1 ARM 0400101184 346,070.12 01-Jun-2005 3 10.355% 14,201.31 Group 1 ARM 0400103131 174,809.02 01-Jul-2005 2 10.950% 6,085.76 Group 1 ARM 0400108049 253,186.92 01-May-2005 4 9.957% 11,960.23 Group 1 ARM 0400112033 404,900.00 01-Apr-2005 5 9.223% 20,567.34 Group 1 ARM 0400112512 297,341.42 01-May-2005 4 9.117% 12,795.80 Group 1 ARM 0500034343 121,322.13 01-Jun-2005 3 9.575% 4,583.91 Group 1 ARM 0500035076 199,257.46 01-Jun-2005 3 6.990% 5,379.12 Group 1 ARM 0500037031 469,939.81 01-May-2005 4 6.600% 14,300.55 Group 1 ARM 0500039656 67,863.91 01-May-2005 4 9.942% 3,199.82 Group 1 ARM 0500041942 314,682.84 01-Apr-2005 5 7.900% 13,581.65 Group 1 Fixed 0200114700 63,926.80 01-May-2005 4 8.797% 2,648.61 Group 1 Fixed 0200134393 37,805.95 01-Jun-2005 3 10.490% 1,569.69 Group 1 Fixed 0200138261 48,374.86 01-May-2005 4 9.240% 2,111.19 Group 1 Fixed 0200139871 149,000.00 01-Apr-2005 5 10.740% 8,872.63 Group 1 Fixed 0200141109 67,824.66 01-Jun-2005 3 8.950% 2,385.30 Group 2 ARM 0200110732 67,070.14 01-Mar-2005 6 9.971% 3,698.51 Group 2 ARM 0200111193 50,400.00 01-Mar-2005 6 7.745% 2,124.57 Group 2 ARM 0200114262 99,869.61 01-May-2005 4 8.160% 3,818.64 Group 2 ARM 0200115053 104,000.00 01-Mar-2005 6 8.240% 4,683.43 Group 2 ARM 0200115343 86,339.04 01-Apr-2005 5 7.752% 3,644.12 Group 2 ARM 0200118479 186,801.26 01-May-2005 4 9.150% 8,068.18 Group 2 ARM 0200122380 55,900.00 01-Mar-2005 6 8.450% 2,585.95 Group 2 ARM 0200122588 86,400.00 01-Mar-2005 6 9.000% 4,274.51 Group 2 ARM 0200123552 96,000.00 01-Mar-2005 6 9.147% 4,832.61 Group 2 ARM 0200123586 183,424.56 01-May-2005 4 7.980% 6,848.23 Group 2 ARM 0200123818 71,330.08 01-May-2005 4 9.540% 3,220.07 Group 2 ARM 0200127546 85,000.00 01-Apr-2005 5 8.450% 3,934.55 Group 2 ARM 0200130458 115,000.00 01-Apr-2005 5 7.650% 4,785.99 Group 2 ARM 0200135465 144,800.00 01-Apr-2005 5 5.750% 4,434.50 Group 2 ARM 0200140259 131,866.06 01-May-2005 4 5.900% 3,551.23 Group 2 ARM 0200140457 65,548.31 01-May-2005 4 7.200% 2,191.48 Group 2 ARM 0200143493 69,505.33 01-Jun-2005 3 7.950% 2,154.58 Group 2 ARM 0200146959 68,000.00 01-May-2005 4 9.000% 2,890.02 Group 2 ARM 0200146991 65,924.80 01-Jun-2005 3 8.815% 2,281.92 Group 2 ARM 0200147064 138,532.55 01-May-2005 4 9.550% 6,260.82 Group 2 ARM 0400091567 64,732.80 01-Apr-2005 5 5.786% 1,990.38 Group 2 ARM 0400091948 63,000.00 01-Mar-2005 6 10.415% 3,638.55 Group 2 ARM 0400091997 111,000.00 01-Mar-2005 6 11.162% 6,893.40 Group 2 ARM 0400092516 124,055.75 01-Apr-2005 5 11.000% 7,590.09 Group 2 ARM 0400093662 135,777.63 01-May-2005 4 9.937% 6,400.29 Group 2 ARM 0400098026 208,793.90 01-May-2005 4 9.720% 9,613.77 Group 2 ARM 0400099743 200,064.85 01-Apr-2005 5 7.970% 8,699.85 Group 2 ARM 0400100152 67,778.68 01-Aug-2005 1 11.075% 1,791.24 Group 2 ARM 0400100293 203,876.34 01-Apr-2005 5 8.497% 9,494.54 Group 2 ARM 0400107009 80,000.00 01-May-2005 4 9.715% 3,687.03 Group 2 ARM 0400108486 92,800.00 01-Apr-2005 5 7.949% 4,024.32 Group 2 ARM 0400109484 41,500.00 01-Apr-2005 5 10.238% 2,354.59 Group 2 ARM 0400111381 328,000.00 01-Jun-2005 3 7.513% 9,582.76 Group 2 ARM 0400111969 53,843.56 01-Jun-2005 3 10.098% 2,151.64 Group 2 ARM 0400112736 87,457.52 01-May-2005 4 9.562% 3,957.36 Group 2 ARM 0400112975 68,869.16 01-May-2005 4 9.945% 3,249.48 Group 2 ARM 0400113320 107,957.08 01-May-2005 4 10.500% 5,392.38 Group 2 ARM 0500031935 120,000.00 01-May-2005 4 6.600% 3,660.00 Group 2 ARM 0500032446 66,727.49 01-Apr-2005 5 9.050% 3,322.48 Group 2 ARM 0500033279 53,872.61 01-Apr-2005 5 7.240% 2,112.96 Group 2 ARM 0500037676 107,772.15 01-May-2005 4 7.800% 3,926.61 Group 2 ARM 0500038625 106,175.77 01-Mar-2005 6 7.800% 4,508.43 Group 2 ARM 0500039177 119,020.73 01-May-2005 4 7.450% 4,128.04 Group 2 ARM 0500042718 171,705.89 01-Jun-2005 3 6.800% 4,499.45 Group 2 ARM 0500043013 73,000.00 01-Apr-2005 5 9.170% 3,686.05 Group 2 ARM 0500043203 185,173.06 01-Jun-2005 3 6.650% 4,736.56 Group 2 Fixed 0200115780 68,361.50 01-Apr-2005 5 8.856% 3,327.11 Group 2 Fixed 0200138048 99,293.24 01-Jun-2005 3 9.100% 3,554.11 Group 2 Fixed 0400099149 90,802.62 01-May-2005 4 9.150% 3,921.89 Group 2 Fixed 0400107751 67,357.89 01-May-2005 4 8.350% 2,639.60
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 7.728756% Weighted Average Net Coupon 7.228756% Weighted Average Pass-Through Rate 7.228756% Weighted Average Maturity(Stepdown Calculation) 345 Beginning Scheduled Collateral Loan Count 7,327 Number Of Loans Paid In Full 166 Ending Scheduled Collateral Loan Count 7,161 Beginning Scheduled Collateral Balance 903,501,304.13 Ending Scheduled Collateral Balance 876,879,627.37 Ending Actual Collateral Balance at 31-Oct-2005 877,614,682.19 Monthly P&I Constant 6,441,837.63 Special Servicing Fee 0.00 Prepayment Penalties 400,003.72 Realized Loss Amount 70,877.78 Cumulative Realized Loss 158,976.83 Scheduled Principal 622,719.81 Unscheduled Principal 25,998,956.95 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 24,500,000.00 Overcollateralized Amount 24,500,000.00 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 70,877.78 Excess Cash Amount 2,270,691.65
Miscellaneous Reporting Cap Contract Amount to Trust 94,889.14 Swap to Trust 149,691.00 Swap to Counterparty 0.00
Group Level Collateral Statement Group Group 1 ARM Group 1 Fixed Group 2 ARM Collateral Description Mixed ARM Mixed Fixed Mixed ARM Weighted Average Coupon Rate 7.468889 9.470400 7.591159 Weighted Average Net Rate 6.968889 8.970400 7.091159 Weighted Average Maturity 352 345 352 Beginning Loan Count 2,261 1,088 2,900 Loans Paid In Full 56 18 80 Ending Loan Count 2,205 1,070 2,820 Beginning Scheduled Balance 395,021,554.52 59,941,543.68 377,646,836.14 Ending Scheduled Balance 383,802,079.92 58,668,198.32 364,422,959.13 Record Date 10/31/2005 10/31/2005 10/31/2005 Principal And Interest Constant 2,691,166.61 538,932.49 2,629,311.51 Scheduled Principal 232,523.19 65,873.82 240,330.50 Unscheduled Principal 10,986,951.41 1,207,471.54 12,983,546.51 Scheduled Interest 2,458,643.42 473,058.67 2,388,981.01 Servicing Fees 164,592.31 24,975.64 157,352.85 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 2,294,051.11 448,083.03 2,231,628.16 Realized Loss Amount 0.00 20,820.65 0.00 Cumulative Realized Loss 0.00 20,820.65 88,099.05 Percentage of Cumulative Losses 0.0000 0.0324 0.0212 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 6.968889 8.970400 7.091159
Group Level Collateral Statement Group Group 2 Fixed Total Collateral Description Mixed Fixed Mixed Fixed & Arm Weighted Average Coupon Rate 8.437158 7.728756 Weighted Average Net Rate 7.937158 7.228756 Weighted Average Maturity 299 345 Beginning Loan Count 1,078 7,327 Loans Paid In Full 12 166 Ending Loan Count 1,066 7,161 Beginning Scheduled Balance 70,891,369.79 903,501,304.13 Ending scheduled Balance 69,986,390.00 876,879,627.37 Record Date 10/31/2005 10/31/2005 Principal And Interest Constant 582,427.02 6,441,837.63 Scheduled Principal 83,992.30 622,719.81 Unscheduled Principal 820,987.49 25,998,956.95 Scheduled Interest 498,434.72 5,819,117.82 Servicing Fees 29,538.07 376,458.87 Master Servicing Fees 0.00 0.00 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 468,896.65 5,442,658.95 Realized Loss Amount 50,057.13 70,877.78 Cumulative Realized Loss 50,057.13 158,976.83 Percentage of Cumulative Losses 0.0671 0.0159 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 7.937158 7.228756
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 Group 1 ARM 56 11,011,090.00 10,966,388.07 0 0.00 0.00 Group 1 Fixed 17 1,183,800.00 1,175,927.86 0 0.00 0.00 Group 2 ARM 80 13,030,120.00 12,971,969.80 0 0.00 0.00 Group 2 Fixed 11 778,500.00 769,705.58 0 0.00 0.00 Total 164 26,003,510.00 25,883,991.31 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 Group 1 ARM 0 0.00 0.00 0 0.00 0.00 27,087.35 Group 1 Fixed 0 0.00 0.00 1 25,400.00 25,168.03 7,525.52 Group 2 ARM 0 0.00 0.00 0 0.00 0.00 20,059.77 Group 2 Fixed 0 0.00 0.00 1 47,800.00 47,347.66 5,334.84 Total 0 0.00 0.00 2 73,200.00 72,515.69 60,007.48
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Group 1 ARM 0200106011 ME 80.00 01-Mar-2005 115,200.00 114,266.05 Group 1 ARM 0200110914 MA 75.00 01-Apr-2005 390,000.00 387,391.22 Group 1 ARM 0200111946 AZ 80.00 01-Mar-2005 120,000.00 119,195.82 Group 1 ARM 0200112647 VA 85.00 01-Apr-2005 81,600.00 81,268.86 Group 1 ARM 0200113538 AZ 80.00 01-Apr-2005 240,000.00 238,378.05 Group 1 ARM 0200114304 MI 45.08 01-Apr-2005 55,000.00 54,734.42 Group 1 ARM 0200114593 MA 80.00 01-Apr-2005 428,000.00 425,217.93 Group 1 ARM 0200119436 PA 60.00 01-Apr-2005 51,000.00 50,741.41 Group 1 ARM 0200121630 CA 79.98 01-Apr-2005 337,900.00 337,900.00 Group 1 ARM 0200123172 CA 70.00 01-Apr-2005 273,000.00 272,994.98 Group 1 ARM 0200126167 MI 75.13 01-May-2005 172,800.00 171,771.16 Group 1 ARM 0200127991 MA 70.00 01-May-2005 122,500.00 122,046.94 Group 1 ARM 0200128379 CA 80.00 01-May-2005 212,800.00 212,800.00 Group 1 ARM 0200132728 NJ 80.00 01-May-2005 92,000.00 91,452.26 Group 1 ARM 0200133767 FL 80.00 01-May-2005 212,000.00 212,000.00 Group 1 ARM 0200139301 VA 85.00 01-May-2005 198,900.00 198,281.62 Group 1 ARM 0200144202 MD 80.00 01-May-2005 260,000.00 258,916.49 Group 1 ARM 0400090775 CT 79.96 01-Mar-2005 75,400.00 75,036.37 Group 1 ARM 0400091047 AZ 72.00 01-Apr-2005 900,000.00 891,768.29 Group 1 ARM 0400091526 WI 47.40 01-Apr-2005 73,700.00 73,426.99 Group 1 ARM 0400091906 NV 90.00 01-Apr-2005 163,800.00 162,841.70 Group 1 ARM 0400093464 CT 70.00 01-Apr-2005 133,000.00 132,574.70 Group 1 ARM 0400094173 CT 62.10 01-Apr-2005 100,600.00 100,162.42 Group 1 ARM 0400094199 RI 31.41 01-Apr-2005 84,800.00 84,324.56 Group 1 ARM 0400094843 ME 60.57 01-Apr-2005 74,500.00 74,219.71 Group 1 ARM 0400096160 NV 62.50 01-Apr-2005 50,000.00 49,753.20 Group 1 ARM 0400096467 ME 85.00 01-Apr-2005 91,800.00 91,514.95 Group 1 ARM 0400096962 NJ 75.00 01-Apr-2005 255,000.00 253,583.34 Group 1 ARM 0400097739 FL 90.00 01-Apr-2005 94,500.00 94,067.60 Group 1 ARM 0400099719 WI 84.96 01-Apr-2005 119,800.00 119,389.78 Group 1 ARM 0400100145 VT 90.00 01-Apr-2005 209,700.00 208,968.55 Group 1 ARM 0400101044 NY 83.24 01-Apr-2005 154,000.00 153,184.32 Group 1 ARM 0400101200 NH 69.66 01-Apr-2005 363,600.00 361,436.58 Group 1 ARM 0400101390 NY 74.84 01-Apr-2005 116,000.00 115,285.32 Group 1 ARM 0400103271 CA 80.00 01-May-2005 216,000.00 214,765.32 Group 1 ARM 0400105052 FL 80.00 01-May-2005 154,000.00 153,489.11 Group 1 ARM 0400106027 CA 93.55 01-May-2005 432,200.00 429,068.85 Group 1 ARM 0400106522 ME 80.00 01-May-2005 93,600.00 93,161.19 Group 1 ARM 0400108916 MN 75.00 01-May-2005 135,000.00 134,361.37 Group 1 ARM 0400110904 NC 69.87 01-May-2005 164,200.00 163,669.33 Group 1 ARM 0400113452 AZ 90.00 01-May-2005 148,500.00 148,037.65 Group 1 ARM 0400113627 VA 49.33 01-May-2005 148,000.00 147,493.90 Group 1 ARM 0400113841 MD 79.66 01-May-2005 231,000.00 230,335.24 Group 1 ARM 0500029285 CA 85.00 01-Feb-2005 467,500.00 467,500.00 Group 1 ARM 0500031869 MI 80.00 01-Mar-2005 372,720.00 370,650.29 Group 1 ARM 0500034418 MD 64.38 01-Mar-2005 235,000.00 233,361.79 Group 1 ARM 0500035191 VA 80.00 01-Mar-2005 92,400.00 91,825.71 Group 1 ARM 0500035514 CA 51.43 01-Feb-2005 90,000.00 89,284.36 Group 1 ARM 0500035688 FL 80.00 01-Mar-2005 178,400.00 176,944.76 Group 1 ARM 0500036835 MN 80.00 01-Apr-2005 220,000.00 218,706.64 Group 1 ARM 0500038476 MD 80.00 01-Apr-2005 239,920.00 238,311.04 Group 1 ARM 0500039862 FL 55.56 01-Mar-2005 125,000.00 124,317.01 Group 1 ARM 0500040795 CA 80.00 01-Apr-2005 431,200.00 431,200.00 Group 1 ARM 0500041710 AZ 80.00 01-Apr-2005 212,800.00 212,797.08 Group 1 ARM 0500042866 WI 79.35 01-Apr-2005 146,000.00 145,130.91 Group 1 ARM 0500044094 WI 75.00 01-May-2005 54,750.00 54,556.92 Group 1 Fixed 0200105799 AZ 20.00 01-Mar-2005 31,000.00 30,696.28 Group 1 Fixed 0200106003 ME 20.00 01-Mar-2005 28,800.00 28,454.12 Group 1 Fixed 0200110641 CO 80.00 01-Apr-2005 484,000.00 480,418.45 Group 1 Fixed 0200113546 AZ 20.00 01-Apr-2005 60,000.00 59,407.86 Group 1 Fixed 0200115954 FL 20.00 01-Apr-2005 25,400.00 25,135.58 Group 1 Fixed 0200117158 FL 20.00 01-Apr-2005 26,000.00 25,751.55 Group 1 Fixed 0200121648 CA 19.98 01-Apr-2005 84,400.00 83,483.30 Group 1 Fixed 0200121747 AL 20.00 01-Apr-2005 24,400.00 24,159.20 Group 1 Fixed 0200133833 FL 20.00 01-May-2005 53,000.00 52,848.29 Group 1 Fixed 0200142321 OH 20.00 01-May-2005 15,000.00 14,852.62 Group 1 Fixed 0400091195 CT 19.94 01-Mar-2005 18,800.00 18,573.32 Group 1 Fixed 0400098752 VA 20.00 01-Apr-2005 51,600.00 51,195.48 Group 1 Fixed 0400102208 NJ 20.00 01-May-2005 51,600.00 51,245.80 Group 1 Fixed 0400106068 AZ 20.00 01-May-2005 47,000.00 46,679.25 Group 1 Fixed 0400109971 MA 20.00 01-May-2005 28,000.00 27,808.94 Group 1 Fixed 0400113916 VA 20.00 01-May-2005 35,000.00 34,796.35 Group 1 Fixed 0500039003 MD 20.00 01-Mar-2005 37,400.00 36,974.65 Group 1 Fixed 0500040803 CA 20.00 01-Apr-2005 107,800.00 107,464.98 Group 2 ARM 0200105658 AZ 80.00 01-Mar-2005 124,000.00 124,000.00 Group 2 ARM 0200109643 OH 85.00 01-Apr-2005 81,600.00 80,940.13 Group 2 ARM 0200110567 MD 80.00 01-Apr-2005 240,000.00 238,551.53 Group 2 ARM 0200111771 NV 74.38 01-Apr-2005 119,000.00 118,316.73 Group 2 ARM 0200113009 WI 42.97 01-Apr-2005 77,000.00 76,534.23 Group 2 ARM 0200115400 OH 68.64 01-Apr-2005 40,500.00 40,272.64 Group 2 ARM 0200115871 FL 80.00 01-Apr-2005 101,600.00 100,983.21 Group 2 ARM 0200117166 FL 80.00 01-Apr-2005 104,000.00 103,334.45 Group 2 ARM 0200117174 GA 67.19 01-Apr-2005 64,500.00 64,168.67 Group 2 ARM 0200117687 MA 71.00 01-Apr-2005 355,000.00 352,203.88 Group 2 ARM 0200119725 CA 89.20 01-Apr-2005 157,000.00 156,074.12 Group 2 ARM 0200120566 FL 85.00 01-Apr-2005 171,700.00 170,880.08 Group 2 ARM 0200120608 MD 75.00 01-Apr-2005 330,000.00 329,905.29 Group 2 ARM 0200120822 MA 69.33 01-Apr-2005 260,000.00 258,083.21 Group 2 ARM 0200121721 AL 80.00 01-Apr-2005 97,600.00 96,983.47 Group 2 ARM 0200122869 MD 80.00 01-Apr-2005 74,400.00 73,976.65 Group 2 ARM 0200123354 GA 74.96 01-Apr-2005 101,200.00 100,734.64 Group 2 ARM 0200124386 NC 80.00 01-Apr-2005 80,000.00 79,556.92 Group 2 ARM 0200126217 RI 90.00 01-May-2005 318,600.00 317,070.28 Group 2 ARM 0200129286 CA 75.00 01-May-2005 240,000.00 238,704.26 Group 2 ARM 0200130581 LA 94.40 01-May-2005 118,000.00 117,428.90 Group 2 ARM 0200130672 MO 90.00 01-May-2005 175,500.00 174,739.80 Group 2 ARM 0200133700 SC 60.00 01-May-2005 41,400.00 40,694.66 Group 2 ARM 0200134443 CA 77.39 01-May-2005 267,000.00 267,000.00 Group 2 ARM 0200134765 RI 55.75 01-May-2005 160,000.00 159,304.14 Group 2 ARM 0200142123 IL 70.00 01-May-2005 119,700.00 119,120.61 Group 2 ARM 0200142313 OH 80.00 01-May-2005 60,000.00 59,628.89 Group 2 ARM 0200143402 NV 78.89 01-May-2005 142,000.00 141,998.06 Group 2 ARM 0200147338 CA 80.00 01-May-2005 208,000.00 206,916.25 Group 2 ARM 0200148047 FL 79.76 01-May-2005 134,000.00 133,456.94 Group 2 ARM 0200148336 IL 74.97 01-May-2005 107,200.00 106,705.46 Group 2 ARM 0200148385 NC 64.86 01-May-2005 48,000.00 47,836.37 Group 2 ARM 0400092698 MA 74.95 01-Apr-2005 344,000.00 341,087.34 Group 2 ARM 0400092755 NV 64.98 01-Apr-2005 185,200.00 184,540.05 Group 2 ARM 0400094405 ME 84.92 01-Apr-2005 55,200.00 55,037.41 Group 2 ARM 0400094488 MA 78.25 01-Apr-2005 313,000.00 310,415.58 Group 2 ARM 0400095345 DE 39.93 01-Apr-2005 205,600.00 204,706.97 Group 2 ARM 0400095428 CT 67.82 01-Apr-2005 133,600.00 132,752.58 Group 2 ARM 0400095691 CA 55.36 01-Apr-2005 268,500.00 268,500.00 Group 2 ARM 0400096079 MO 80.00 01-Apr-2005 278,400.00 276,819.91 Group 2 ARM 0400096657 VA 85.00 01-Apr-2005 132,600.00 131,993.30 Group 2 ARM 0400098075 NY 41.69 01-Apr-2005 150,100.00 149,418.99 Group 2 ARM 0400098760 VA 80.00 01-Apr-2005 206,400.00 204,878.66 Group 2 ARM 0400100756 MN 95.00 01-Apr-2005 125,400.00 124,807.76 Group 2 ARM 0400100913 ME 90.00 01-Apr-2005 86,400.00 86,068.19 Group 2 ARM 0400101150 NJ 84.79 01-Apr-2005 301,000.00 299,127.83 Group 2 ARM 0400101283 NY 84.93 01-Apr-2005 63,700.00 62,886.48 Group 2 ARM 0400102190 NJ 80.00 01-May-2005 206,400.00 205,296.58 Group 2 ARM 0400102737 NH 50.00 01-May-2005 165,000.00 163,851.63 Group 2 ARM 0400103172 WI 85.00 01-May-2005 272,000.00 271,306.18 Group 2 ARM 0400104220 MI 80.00 01-May-2005 64,000.00 63,653.79 Group 2 ARM 0400106043 NH 64.88 01-May-2005 106,400.00 105,991.67 Group 2 ARM 0400106050 AZ 80.00 01-May-2005 188,000.00 186,698.48 Group 2 ARM 0400107397 NY 79.49 01-May-2005 357,700.00 355,795.25 Group 2 ARM 0400107439 NJ 80.00 01-May-2005 240,000.00 239,037.04 Group 2 ARM 0400108189 NJ 48.34 01-May-2005 128,100.00 127,742.65 Group 2 ARM 0400109047 MD 90.00 01-May-2005 216,000.00 215,163.96 Group 2 ARM 0400109906 NY 80.00 01-May-2005 200,000.00 199,232.82 Group 2 ARM 0400109963 MA 80.00 01-May-2005 112,000.00 111,563.90 Group 2 ARM 0400110839 NV 66.34 01-May-2005 136,000.00 135,394.06 Group 2 ARM 0400111266 CT 80.00 01-May-2005 159,200.00 158,702.75 Group 2 ARM 0400113692 OH 84.97 01-May-2005 148,700.00 148,174.64 Group 2 ARM 0400113882 VA 80.00 01-May-2005 140,000.00 139,396.16 Group 2 ARM 0500031349 MD 66.32 01-Feb-2005 252,000.00 250,254.01 Group 2 ARM 0500031521 OH 80.00 01-Feb-2005 109,520.00 108,667.74 Group 2 ARM 0500032156 NV 85.00 01-Feb-2005 140,250.00 139,261.84 Group 2 ARM 0500033949 IL 80.00 01-Mar-2005 152,000.00 150,961.19 Group 2 ARM 0500034111 MD 70.00 01-Mar-2005 136,500.00 135,788.36 Group 2 ARM 0500035118 MD 78.80 01-Apr-2005 210,000.00 208,605.38 Group 2 ARM 0500035159 IA 80.00 01-Jan-2005 139,680.00 138,380.66 Group 2 ARM 0500035357 AZ 80.00 01-Mar-2005 94,400.00 93,604.88 Group 2 ARM 0500035944 IL 83.70 01-Feb-2005 113,000.00 112,098.51 Group 2 ARM 0500036173 MI 80.00 01-Apr-2005 71,920.00 71,399.69 Group 2 ARM 0500038997 MD 80.00 01-Mar-2005 149,600.00 148,340.66 Group 2 ARM 0500039953 NY 68.52 01-Apr-2005 185,000.00 184,117.53 Group 2 ARM 0500040001 MI 80.00 01-Apr-2005 312,000.00 310,219.34 Group 2 ARM 0500040290 CA 40.00 01-Apr-2005 80,000.00 79,641.08 Group 2 ARM 0500040720 WI 65.00 01-May-2005 78,650.00 78,189.59 Group 2 ARM 0500040902 CA 90.00 01-Apr-2005 256,500.00 256,491.05 Group 2 ARM 0500042379 IL 67.62 01-May-2005 142,000.00 141,318.15 Group 2 Fixed 0200111094 MD 20.00 01-Apr-2005 60,000.00 59,407.86 Group 2 Fixed 0200118461 MA 20.00 01-Apr-2005 55,000.00 54,404.25 Group 2 Fixed 0200120624 TX 19.97 01-Apr-2005 47,800.00 47,280.87 Group 2 Fixed 0200124394 NC 20.00 01-Apr-2005 20,000.00 19,802.62 Group 2 Fixed 0200127504 CT 76.50 01-May-2005 140,000.00 136,355.92 Group 2 Fixed 0200128403 CA 20.00 01-May-2005 53,200.00 53,054.85 Group 2 Fixed 0400094637 TN 64.96 01-Apr-2005 81,200.00 79,037.03 Group 2 Fixed 0400099560 RI 20.00 01-Apr-2005 43,000.00 42,319.05 Group 2 Fixed 0400103263 CA 20.00 01-May-2005 54,000.00 53,604.91 Group 2 Fixed 0400103727 OH 77.27 01-May-2005 110,500.00 109,831.95 Group 2 Fixed 0400104238 MI 20.00 01-May-2005 16,000.00 15,890.61 Group 2 Fixed 0500041751 AZ 80.00 01-Apr-2005 145,600.00 144,662.73
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Group 1 ARM 0200106011 Loan Paid in Full 0 6.660% 360 8 Group 1 ARM 0200110914 Loan Paid in Full 0 7.003% 360 7 Group 1 ARM 0200111946 Loan Paid in Full (1) 7.610% 360 8 Group 1 ARM 0200112647 Loan Paid in Full 0 9.495% 360 7 Group 1 ARM 0200113538 Loan Paid in Full 0 6.950% 360 7 Group 1 ARM 0200114304 Loan Paid in Full 0 9.092% 360 7 Group 1 ARM 0200114593 Loan Paid in Full (1) 7.150% 360 7 Group 1 ARM 0200119436 Loan Paid in Full 0 8.400% 360 7 Group 1 ARM 0200121630 Loan Paid in Full 0 6.250% 360 7 Group 1 ARM 0200123172 Loan Paid in Full 0 6.000% 360 7 Group 1 ARM 0200126167 Loan Paid in Full 0 6.900% 360 6 Group 1 ARM 0200127991 Loan Paid in Full 1 9.270% 360 6 Group 1 ARM 0200128379 Loan Paid in Full 0 6.650% 360 6 Group 1 ARM 0200132728 Loan Paid in Full (1) 6.900% 360 6 Group 1 ARM 0200133767 Loan Paid in Full 0 7.150% 360 6 Group 1 ARM 0200139301 Loan Paid in Full 0 10.100% 360 6 Group 1 ARM 0200144202 Loan Paid in Full 0 8.690% 360 6 Group 1 ARM 0400090775 Loan Paid in Full 0 9.313% 360 8 Group 1 ARM 0400091047 Loan Paid in Full 0 5.719% 360 7 Group 1 ARM 0400091526 Loan Paid in Full 0 10.759% 360 7 Group 1 ARM 0400091906 Loan Paid in Full (1) 7.685% 360 7 Group 1 ARM 0400093464 Loan Paid in Full 0 10.650% 360 7 Group 1 ARM 0400094173 Loan Paid in Full 0 9.150% 360 7 Group 1 ARM 0400094199 Loan Paid in Full 0 7.899% 360 7 Group 1 ARM 0400094843 Loan Paid in Full 0 9.919% 360 7 Group 1 ARM 0400096160 Loan Paid in Full 0 8.774% 360 7 Group 1 ARM 0400096467 Loan Paid in Full 0 10.754% 360 7 Group 1 ARM 0400096962 Loan Paid in Full 0 7.945% 360 7 Group 1 ARM 0400097739 Loan Paid in Full 0 9.386% 360 7 Group 1 ARM 0400099719 Loan Paid in Full 0 11.030% 360 7 Group 1 ARM 0400100145 Loan Paid in Full 0 10.640% 360 7 Group 1 ARM 0400101044 Loan Paid in Full 0 8.185% 360 7 Group 1 ARM 0400101200 Loan Paid in Full 0 7.600% 360 7 Group 1 ARM 0400101390 Loan Paid in Full 0 7.545% 360 7 Group 1 ARM 0400103271 Loan Paid in Full 0 7.114% 360 6 Group 1 ARM 0400105052 Loan Paid in Full 0 9.830% 360 6 Group 1 ARM 0400106027 Loan Paid in Full 0 5.925% 360 6 Group 1 ARM 0400106522 Loan Paid in Full 0 8.109% 360 6 Group 1 ARM 0400108916 Loan Paid in Full 0 8.064% 360 6 Group 1 ARM 0400110904 Loan Paid in Full 0 9.916% 360 6 Group 1 ARM 0400113452 Loan Paid in Full 0 10.093% 360 6 Group 1 ARM 0400113627 Loan Paid in Full 0 8.885% 360 6 Group 1 ARM 0400113841 Loan Paid in Full 0 9.715% 360 6 Group 1 ARM 0500029285 Loan Paid in Full 0 5.500% 360 9 Group 1 ARM 0500031869 Loan Paid in Full 0 8.550% 360 8 Group 1 ARM 0500034418 Loan Paid in Full 2 7.410% 360 8 Group 1 ARM 0500035191 Loan Paid in Full 0 7.990% 360 8 Group 1 ARM 0500035514 Loan Paid in Full 0 8.100% 360 9 Group 1 ARM 0500035688 Loan Paid in Full 0 6.600% 360 8 Group 1 ARM 0500036835 Loan Paid in Full 0 8.000% 360 7 Group 1 ARM 0500038476 Loan Paid in Full 0 6.990% 360 7 Group 1 ARM 0500039862 Loan Paid in Full 0 8.630% 360 8 Group 1 ARM 0500040795 Loan Paid in Full 0 6.500% 360 7 Group 1 ARM 0500041710 Loan Paid in Full 0 6.250% 360 7 Group 1 ARM 0500042866 Loan Paid in Full 0 7.600% 360 7 Group 1 ARM 0500044094 Loan Paid in Full 2 9.500% 360 6 Group 1 Fixed 0200105799 Loan Paid in Full 0 11.740% 240 8 Group 1 Fixed 0200106003 Loan Paid in Full 0 10.240% 240 8 Group 1 Fixed 0200110641 Loan Paid in Full (1) 6.987% 360 7 Group 1 Fixed 0200113546 Loan Paid in Full 0 10.740% 240 7 Group 1 Fixed 0200115954 Liquidation 3 10.740% 240 7 Group 1 Fixed 0200117158 Loan Paid in Full 0 10.990% 240 7 Group 1 Fixed 0200121648 Loan Paid in Full 0 9.990% 240 7 Group 1 Fixed 0200121747 Loan Paid in Full 0 10.740% 240 7 Group 1 Fixed 0200133833 Loan Paid in Full 0 10.490% 360 6 Group 1 Fixed 0200142321 Loan Paid in Full 0 10.740% 240 6 Group 1 Fixed 0400091195 Loan Paid in Full 0 11.000% 240 8 Group 1 Fixed 0400098752 Loan Paid in Full 1 12.500% 240 7 Group 1 Fixed 0400102208 Loan Paid in Full 0 12.500% 240 6 Group 1 Fixed 0400106068 Loan Paid in Full 0 12.500% 240 6 Group 1 Fixed 0400109971 Loan Paid in Full 0 12.500% 240 6 Group 1 Fixed 0400113916 Loan Paid in Full 0 12.500% 240 6 Group 1 Fixed 0500039003 Loan Paid in Full 0 10.990% 240 8 Group 1 Fixed 0500040803 Loan Paid in Full 0 10.750% 180 7 Group 2 ARM 0200105658 Loan Paid in Full 0 7.594% 360 8 Group 2 ARM 0200109643 Loan Paid in Full 1 8.675% 360 7 Group 2 ARM 0200110567 Loan Paid in Full 0 7.528% 360 7 Group 2 ARM 0200111771 Loan Paid in Full 0 7.790% 360 7 Group 2 ARM 0200113009 Loan Paid in Full 0 7.590% 360 7 Group 2 ARM 0200115400 Loan Paid in Full 0 7.893% 360 7 Group 2 ARM 0200115871 Loan Paid in Full 3 7.498% 360 7 Group 2 ARM 0200117166 Loan Paid in Full 0 8.100% 360 7 Group 2 ARM 0200117174 Loan Paid in Full 0 8.340% 360 7 Group 2 ARM 0200117687 Loan Paid in Full 0 6.154% 360 7 Group 2 ARM 0200119725 Loan Paid in Full 0 7.645% 360 7 Group 2 ARM 0200120566 Loan Paid in Full 1 8.695% 360 7 Group 2 ARM 0200120608 Loan Paid in Full 0 6.888% 360 7 Group 2 ARM 0200120822 Loan Paid in Full 0 6.499% 360 7 Group 2 ARM 0200121721 Loan Paid in Full 0 7.296% 360 7 Group 2 ARM 0200122869 Loan Paid in Full 0 7.879% 360 7 Group 2 ARM 0200123354 Loan Paid in Full 0 8.880% 360 7 Group 2 ARM 0200124386 Loan Paid in Full 0 7.960% 360 7 Group 2 ARM 0200126217 Loan Paid in Full 0 7.990% 360 6 Group 2 ARM 0200129286 Loan Paid in Full 0 7.400% 360 6 Group 2 ARM 0200130581 Loan Paid in Full 0 7.950% 360 6 Group 2 ARM 0200130672 Loan Paid in Full 0 8.500% 360 6 Group 2 ARM 0200133700 Loan Paid in Full (1) 8.400% 360 6 Group 2 ARM 0200134443 Loan Paid in Full (1) 6.750% 360 6 Group 2 ARM 0200134765 Loan Paid in Full (1) 8.480% 360 6 Group 2 ARM 0200142123 Loan Paid in Full 0 7.950% 360 6 Group 2 ARM 0200142313 Loan Paid in Full 0 7.700% 360 6 Group 2 ARM 0200143402 Loan Paid in Full 0 6.220% 360 6 Group 2 ARM 0200147338 Loan Paid in Full 0 7.580% 360 6 Group 2 ARM 0200148047 Loan Paid in Full 0 8.050% 360 6 Group 2 ARM 0200148336 Loan Paid in Full 0 7.400% 360 6 Group 2 ARM 0200148385 Loan Paid in Full 0 8.900% 360 6 Group 2 ARM 0400092698 Loan Paid in Full 0 5.767% 360 7 Group 2 ARM 0400092755 Loan Paid in Full 1 10.107% 360 7 Group 2 ARM 0400094405 Loan Paid in Full 0 11.000% 360 7 Group 2 ARM 0400094488 Loan Paid in Full 0 6.098% 360 7 Group 2 ARM 0400095345 Loan Paid in Full 1 9.157% 360 7 Group 2 ARM 0400095428 Loan Paid in Full 0 7.275% 360 7 Group 2 ARM 0400095691 Loan Paid in Full 0 5.700% 360 7 Group 2 ARM 0400096079 Loan Paid in Full 0 7.900% 360 7 Group 2 ARM 0400096657 Loan Paid in Full 0 8.904% 360 7 Group 2 ARM 0400098075 Loan Paid in Full 0 8.945% 360 7 Group 2 ARM 0400098760 Loan Paid in Full 1 6.500% 360 7 Group 2 ARM 0400100756 Loan Paid in Full 0 8.750% 360 7 Group 2 ARM 0400100913 Loan Paid in Full 0 9.750% 360 7 Group 2 ARM 0400101150 Loan Paid in Full 0 7.375% 360 7 Group 2 ARM 0400101283 Loan Paid in Full 0 10.402% 360 7 Group 2 ARM 0400102190 Loan Paid in Full 0 7.450% 360 6 Group 2 ARM 0400102737 Loan Paid in Full 0 6.086% 360 6 Group 2 ARM 0400103172 Loan Paid in Full 0 11.027% 360 6 Group 2 ARM 0400104220 Loan Paid in Full 0 7.402% 360 6 Group 2 ARM 0400106043 Loan Paid in Full 0 9.091% 360 6 Group 2 ARM 0400106050 Loan Paid in Full 0 6.114% 360 6 Group 2 ARM 0400107397 Loan Paid in Full 0 7.470% 360 6 Group 2 ARM 0400107439 Loan Paid in Full 0 8.900% 360 6 Group 2 ARM 0400108189 Loan Paid in Full 0 10.610% 360 6 Group 2 ARM 0400109047 Loan Paid in Full 0 9.050% 360 6 Group 2 ARM 0400109906 Loan Paid in Full 0 9.152% 360 6 Group 2 ARM 0400109963 Loan Paid in Full 0 9.021% 360 6 Group 2 ARM 0400110839 Loan Paid in Full 0 8.361% 360 6 Group 2 ARM 0400111266 Loan Paid in Full 0 10.078% 360 6 Group 2 ARM 0400113692 Loan Paid in Full 0 9.256% 360 6 Group 2 ARM 0400113882 Loan Paid in Full 0 7.739% 360 6 Group 2 ARM 0500031349 Loan Paid in Full 1 7.990% 360 9 Group 2 ARM 0500031521 Loan Paid in Full 0 7.750% 360 9 Group 2 ARM 0500032156 Loan Paid in Full 0 8.500% 360 9 Group 2 ARM 0500033949 Loan Paid in Full 0 7.990% 360 8 Group 2 ARM 0500034111 Loan Paid in Full 0 8.860% 360 8 Group 2 ARM 0500035118 Loan Paid in Full 0 7.040% 360 7 Group 2 ARM 0500035159 Loan Paid in Full 0 6.990% 360 10 Group 2 ARM 0500035357 Loan Paid in Full 0 6.600% 360 8 Group 2 ARM 0500035944 Loan Paid in Full 0 7.275% 360 9 Group 2 ARM 0500036173 Loan Paid in Full 0 7.050% 360 7 Group 2 ARM 0500038997 Loan Paid in Full 0 6.650% 360 8 Group 2 ARM 0500039953 Loan Paid in Full 3 8.700% 360 7 Group 2 ARM 0500040001 Loan Paid in Full 0 7.810% 360 7 Group 2 ARM 0500040290 Loan Paid in Full 1 9.000% 360 7 Group 2 ARM 0500040720 Loan Paid in Full 0 7.000% 360 6 Group 2 ARM 0500040902 Loan Paid in Full 0 8.800% 360 7 Group 2 ARM 0500042379 Loan Paid in Full 0 7.990% 360 6 Group 2 Fixed 0200111094 Loan Paid in Full 0 10.740% 240 7 Group 2 Fixed 0200118461 Loan Paid in Full 0 10.740% 240 7 Group 2 Fixed 0200120624 Liquidation 3 9.990% 240 7 Group 2 Fixed 0200124394 Loan Paid in Full 0 10.740% 240 7 Group 2 Fixed 0200127504 Loan Paid in Full (1) 6.300% 180 6 Group 2 Fixed 0200128403 Loan Paid in Full 0 10.740% 360 6 Group 2 Fixed 0400094637 Loan Paid in Full 0 6.600% 180 7 Group 2 Fixed 0400099560 Loan Paid in Full 0 12.500% 180 7 Group 2 Fixed 0400103263 Loan Paid in Full 0 12.000% 240 6 Group 2 Fixed 0400103727 Loan Paid in Full 0 6.821% 360 6 Group 2 Fixed 0400104238 Loan Paid in Full 0 12.500% 240 6 Group 2 Fixed 0500041751 Loan Paid in Full 0 7.200% 360 7
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 2.880% Current Month 29.575% Current Month 2,201.180% 3 Month Average 2.818% 3 Month Average 29.040% 3 Month Average 2,583.776% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 2.843% N/A May-2005 1,919.768% N/A Jun-2005 9.083% N/A Jun-2005 2,614.127% N/A Jul-2005 12.710% N/A Jul-2005 2,325.899% N/A Aug-2005 20.629% N/A Aug-2005 2,762.181% N/A Sep-2005 28.408% N/A Sep-2005 3,003.920% N/A Oct-2005 29.137% N/A Oct-2005 2,546.228% N/A Nov-2005 29.575% N/A Nov-2005 2,201.180% 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. Group 1 ARM SMM CPR PSA Current Month 2.783% Current Month 28.730% Current Month 2,124.896% 3 Month Average 3.172% 3 Month Average 32.021% 3 Month Average 2,844.059% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 3.298% N/A May-2005 2,100.105% N/A Jun-2005 14.020% N/A Jun-2005 3,937.492% N/A Jul-2005 13.636% N/A Jul-2005 2,459.120% N/A Aug-2005 22.325% N/A Aug-2005 2,954.470% N/A Sep-2005 31.560% N/A Sep-2005 3,304.975% N/A Oct-2005 35.772% N/A Oct-2005 3,102.306% N/A Nov-2005 28.730% N/A Nov-2005 2,124.896% 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. Group 1 Fixed SMM CPR PSA Current Month 2.017% Current Month 21.688% Current Month 1,625.415% 3 Month Average 2.199% 3 Month Average 23.393% 3 Month Average 2,105.424% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 2.453% N/A May-2005 1,794.956% N/A Jun-2005 4.822% N/A Jun-2005 1,432.944% N/A Jul-2005 0.164% N/A Jul-2005 30.558% N/A Aug-2005 10.956% N/A Aug-2005 1,486.502% N/A Sep-2005 22.286% N/A Sep-2005 2,382.722% N/A Oct-2005 26.203% N/A Oct-2005 2,308.136% N/A Nov-2005 21.688% N/A Nov-2005 1,625.415% 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. Group 2 ARM SMM CPR PSA Current Month 3.440% Current Month 34.301% Current Month 2,568.210% 3 Month Average 2.820% 3 Month Average 28.949% 3 Month Average 2,572.097% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 2.740% N/A May-2005 1,952.480% N/A Jun-2005 5.579% N/A Jun-2005 1,640.510% N/A Jul-2005 14.613% N/A Jul-2005 2,710.030% N/A Aug-2005 22.106% N/A Aug-2005 2,991.979% N/A Sep-2005 28.068% N/A Sep-2005 2,994.068% N/A Oct-2005 24.476% N/A Oct-2005 2,154.014% N/A Nov-2005 34.301% N/A Nov-2005 2,568.210% 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. Group 2 Fixed SMM CPR PSA Current Month 1.159% Current Month 13.060% Current Month 969.934% 3 Month Average 1.316% 3 Month Average 14.695% 3 Month Average 1,322.418% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 1.002% N/A May-2005 680.260% N/A Jun-2005 1.336% N/A Jun-2005 384.771% N/A Jul-2005 6.458% N/A Jul-2005 1,178.974% N/A Aug-2005 9.624% N/A Aug-2005 1,287.212% N/A Sep-2005 15.748% N/A Sep-2005 1,664.369% N/A Oct-2005 15.276% N/A Oct-2005 1,332.949% N/A Nov-2005 13.060% N/A Nov-2005 969.934% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage Group 1 ARM 0 0.00 0.00 0.000% Group 1 Fixed 1 25,325.99 20,820.65 0.035% Group 2 ARM 0 0.00 0.00 0.000% Group 2 Fixed 1 47,673.43 50,057.13 0.072% Total 2 72,999.42 70,877.78 0.008%
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 Group 1 Fixed 0200115954 25,400.00 10.7400% FL 20.00 240 Group 2 Fixed 0200120624 47,800.00 9.9900% TX 19.97 240
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) Group 1 Fixed 0200115954 25,325.99 20,820.65 20,820.65 Group 2 Fixed 0200120624 47,673.43 50,057.13 50,057.13
Realized Loss Report - Collateral Summary
MDR SDA Current Month 0.008% Current Month 0.717% 3 Month Average 0.012% 3 Month Average 1.228% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.028% N/A Oct-2005 2.967% N/A Nov-2005 0.008% N/A Nov-2005 0.717% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.096% Current Month 97.741% 3 Month Average 0.145% 3 Month Average 43.717% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.340% N/A Oct-2005 33.409% N/A Nov-2005 0.096% N/A Nov-2005 97.741% 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. Group 1 ARM 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 *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. Group 1 Fixed MDR SDA Current Month 0.042% Current Month 3.767% 3 Month Average 0.014% 3 Month Average 1.256% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.042% N/A Nov-2005 3.767% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.503% Current Month 82.727% 3 Month Average 0.168% 3 Month Average 27.576% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.503% N/A Nov-2005 82.727% 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. Group 2 ARM MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.023% 3 Month Average 2.391% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.068% N/A Oct-2005 7.172% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.272% 3 Month Average 11.136% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.815% N/A Oct-2005 33.409% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Group 2 Fixed MDR SDA Current Month 0.067% Current Month 5.931% 3 Month Average 0.022% 3 Month Average 1.977% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.067% N/A Nov-2005 5.931% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.799% Current Month 105.723% 3 Month Average 0.266% 3 Month Average 35.241% 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. Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 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 0.799% N/A Nov-2005 105.723% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)