-----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, EQBsQN0C8JikOTzbRof5yv4wTqHqF29J+bwBucnEYTVvIQhV0m/CCgabIwPZgcB3 Ppqb8wXBEFoQLQizK9eFog== 0001056404-05-002887.txt : 20050829 0001056404-05-002887.hdr.sgml : 20050829 20050829082945 ACCESSION NUMBER: 0001056404-05-002887 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050825 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050829 DATE AS OF CHANGE: 20050829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Banc of America Mortgage Securities Mortgage Pass-Through Certificates Series 2005-5 Trust CENTRAL INDEX KEY: 0001328419 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: 333-118843-24 FILM NUMBER: 051053274 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 bam05005_10508.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 25, 2005 BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2005-5 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-118843-24 Pooling and Servicing Agreement) (Commission 54-2173205 (State or other File Number) 54-2173206 jurisdiction IRS EIN of Incorporation) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On August 25, 2005 a distribution was made to holders of BANC OF AMERICA MORTGAGE SECURITIES, INC., Mortgage Pass-Through Certificates, Series 2005-5 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 2005-5 Trust, relating to the August 25, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BANC OF AMERICA MORTGAGE SECURITIES, INC. Mortgage Pass-Through Certificates, Series 2005-5 Trust (Registrant) By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 8/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-5 Trust, relating to the August 25, 2005 distribution. EX-99.1
Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Record Date: 7/29/2005 Distribution Date: 8/25/2005 Banc of America Mortgage Securities, Inc. Mortgage Pass-Through Certificates Series 2005-5 Contact: CTSLink Customer Service Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 @ www.ctslink.com/cmbs Telephone: (301) 815-6600 Fax: (301) 815-6600 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution 1-A-1 05949CAA4 SEN 5.50000% 25,456,093.80 116,673.76 1-A-2 05949CAB2 SEN 5.50000% 2,258,000.00 10,349.17 1-A-3 05949CAC0 SEN 5.50000% 2,060,000.00 9,441.67 1-A-4 05949CAD8 SEN 5.50000% 1,154,000.00 5,289.17 1-A-5 05949CAE6 SEN 5.50000% 3,376,000.00 15,473.33 1-A-6 05949CAF3 SEN 5.25000% 24,625,582.01 107,736.92 1-A-7 05949CAG1 SEN 5.50000% 24,398,772.53 111,827.71 1-A-8 05949CAH9 SEN 5.50000% 59,080,959.62 270,787.73 1-A-9 05949CAJ5 SEN 5.25000% 49,430,247.69 216,257.33 1-A-10 05949CAK2 SEN 5.25000% 16,649,000.00 72,839.38 1-A-11 05949CAL0 SEN 5.50000% 14,141,027.68 64,813.04 1-A-12 05949CAM8 SEN 5.50000% 588,840.23 2,698.85 1-A-13 05949CAN6 SEN 5.50000% 21,626,000.00 99,119.17 1-A-14 05949CAP1 SEN 5.50000% 25,735,000.00 117,952.08 1-A-15 05949CAQ9 SEN 5.50000% 1,937,000.00 8,877.92 1-A-16 05949CAR7 SEN 5.25000% 10,264,332.05 44,906.45 1-A-17 05949CAS5 SEN 3.76000% 10,540,020.22 33,025.40 1-A-18 05949CAT3 SEN 3.74000% 0.00 32,849.73 1-A-19 05949CAU0 SEN 5.50000% 28,507,000.00 130,657.08 1-A-20 05949CAV8 SEN 5.50000% 0.00 2,358.61 1-A-21 05949CAW6 SEN 5.00000% 10,013,000.00 41,720.83 1-A-22 05949CAX4 SEN 5.00000% 22,009,000.00 91,704.17 1-A-23 05949CAY2 SEN 5.50000% 21,039,000.00 96,428.75 1-A-24 05949CAZ9 SEN 5.50000% 639,000.00 2,928.75 1-A-25 05949CBA3 SEN 5.50000% 6,514,000.00 29,855.83 1-A-26 05949CBB1 SEN 5.50000% 0.00 13,342.50 1-A-R 05949CBC9 SEN 5.50000% 0.00 0.10 2-A-1 05949CBF2 SEN 5.00000% 165,004,764.60 687,519.85 30-PO 05949CBE5 SEN 0.00000% 4,406,556.26 0.00 15-PO 05949CBH8 SEN 0.00000% 1,183,075.41 0.00 30-IO 05949CBD7 SEN 5.50000% 0.00 18,642.11 15-IO 05949CBG0 SEN 5.00000% 0.00 12,408.38 30-B-1 05949CBJ4 SUB 5.50000% 6,820,136.07 31,258.96 30-B-2 05949CBK1 SUB 5.50000% 2,005,628.89 9,192.47 30-B-3 05949CBL9 SUB 5.50000% 1,203,377.34 5,515.48 30-B-4 05949CBQ8 SUB 5.50000% 802,251.56 3,676.99 30-B-5 05949CBR6 SUB 5.50000% 601,688.67 2,757.74 30-B-6 05949CBS4 SUB 5.50000% 602,335.26 2,760.70 15-B-1 05949CBM7 SUB 5.00000% 1,542,144.82 6,425.60 15-B-2 05949CBN5 SUB 5.00000% 428,704.35 1,786.27 15-B-3 05949CBP0 SUB 5.00000% 342,368.06 1,426.53 15-B-4 05949CBT2 SUB 5.00000% 171,680.21 715.33 15-B-5 05949CBU9 SUB 5.00000% 171,680.21 715.33 15-B-6 05949CBV7 SUB 5.00000% 85,878.86 357.83 Totals 567,414,146.40 2,535,075.00
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses 1-A-1 603,752.25 0.00 24,852,341.55 720,426.01 0.00 1-A-2 0.00 0.00 2,258,000.00 10,349.17 0.00 1-A-3 0.00 0.00 2,060,000.00 9,441.67 0.00 1-A-4 0.00 0.00 1,154,000.00 5,289.17 0.00 1-A-5 0.00 0.00 3,376,000.00 15,473.33 0.00 1-A-6 289,561.25 0.00 24,336,020.76 397,298.17 0.00 1-A-7 231,583.82 0.00 24,167,188.71 343,411.53 0.00 1-A-8 710,752.39 0.00 58,370,207.22 981,540.12 0.00 1-A-9 440,625.71 0.00 48,989,621.98 656,883.04 0.00 1-A-10 0.00 0.00 16,649,000.00 72,839.38 0.00 1-A-11 170,118.59 0.00 13,970,909.10 234,931.63 0.00 1-A-12 7,083.83 0.00 581,756.40 9,782.68 0.00 1-A-13 0.00 0.00 21,626,000.00 99,119.17 0.00 1-A-14 0.00 0.00 25,735,000.00 117,952.08 0.00 1-A-15 0.00 0.00 1,937,000.00 8,877.92 0.00 1-A-16 123,481.38 0.00 10,140,850.67 168,387.83 0.00 1-A-17 106,708.54 0.00 10,433,311.68 139,733.94 0.00 1-A-18 0.00 0.00 0.00 32,849.73 0.00 1-A-19 0.00 0.00 28,507,000.00 130,657.08 0.00 1-A-20 0.00 0.00 0.00 2,358.61 0.00 1-A-21 0.00 0.00 10,013,000.00 41,720.83 0.00 1-A-22 0.00 0.00 22,009,000.00 91,704.17 0.00 1-A-23 0.00 0.00 21,039,000.00 96,428.75 0.00 1-A-24 0.00 0.00 639,000.00 2,928.75 0.00 1-A-25 0.00 0.00 6,514,000.00 29,855.83 0.00 1-A-26 0.00 0.00 0.00 13,342.50 0.00 1-A-R 0.00 0.00 0.00 0.10 0.00 2-A-1 2,736,376.87 0.00 162,268,387.72 3,423,896.72 0.00 30-PO 6,705.22 0.00 4,399,851.05 6,705.22 0.00 15-PO 54,592.75 0.00 1,128,482.66 54,592.75 0.00 30-IO 0.00 0.00 0.00 18,642.11 0.00 15-IO 0.00 0.00 0.00 12,408.38 0.00 30-B-1 7,526.30 0.00 6,812,609.77 38,785.26 0.00 30-B-2 2,213.29 0.00 2,003,415.60 11,405.76 0.00 30-B-3 1,327.98 0.00 1,202,049.36 6,843.46 0.00 30-B-4 885.32 0.00 801,366.24 4,562.31 0.00 30-B-5 663.99 0.00 601,024.68 3,421.73 0.00 30-B-6 664.70 0.00 601,670.56 3,425.40 0.00 15-B-1 6,028.23 0.00 1,536,116.60 12,453.83 0.00 15-B-2 1,675.80 0.00 427,028.55 3,462.07 0.00 15-B-3 1,338.31 0.00 341,029.75 2,764.84 0.00 15-B-4 671.10 0.00 171,009.12 1,386.43 0.00 15-B-5 671.10 0.00 171,009.12 1,386.43 0.00 15-B-6 335.60 0.00 85,543.26 693.43 0.00 Totals 5,505,344.32 0.00 561,908,802.11 8,040,419.32 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee. This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) 1-A-1 26,152,000.00 25,456,093.80 94,848.30 508,903.96 0.00 0.00 1-A-2 2,258,000.00 2,258,000.00 0.00 0.00 0.00 0.00 1-A-3 2,060,000.00 2,060,000.00 0.00 0.00 0.00 0.00 1-A-4 1,154,000.00 1,154,000.00 0.00 0.00 0.00 0.00 1-A-5 3,376,000.00 3,376,000.00 0.00 0.00 0.00 0.00 1-A-6 25,000,000.00 24,625,582.01 45,489.50 244,071.75 0.00 0.00 1-A-7 24,783,000.00 24,398,772.53 36,381.36 195,202.46 0.00 0.00 1-A-8 60,000,000.00 59,080,959.62 111,657.81 599,094.59 0.00 0.00 1-A-9 50,000,000.00 49,430,247.69 69,221.43 371,404.27 0.00 0.00 1-A-10 16,649,000.00 16,649,000.00 0.00 0.00 0.00 0.00 1-A-11 14,361,000.00 14,141,027.68 26,725.30 143,393.29 0.00 0.00 1-A-12 598,000.00 588,840.23 1,112.86 5,970.98 0.00 0.00 1-A-13 21,626,000.00 21,626,000.00 0.00 0.00 0.00 0.00 1-A-14 25,735,000.00 25,735,000.00 0.00 0.00 0.00 0.00 1-A-15 1,937,000.00 1,937,000.00 0.00 0.00 0.00 0.00 1-A-16 10,424,000.00 10,264,332.05 19,398.68 104,082.70 0.00 0.00 1-A-17 10,678,000.00 10,540,020.22 16,763.70 89,944.84 0.00 0.00 1-A-18 0.00 0.00 0.00 0.00 0.00 0.00 1-A-19 28,507,000.00 28,507,000.00 0.00 0.00 0.00 0.00 1-A-20 0.00 0.00 0.00 0.00 0.00 0.00 1-A-21 10,013,000.00 10,013,000.00 0.00 0.00 0.00 0.00 1-A-22 22,009,000.00 22,009,000.00 0.00 0.00 0.00 0.00 1-A-23 21,039,000.00 21,039,000.00 0.00 0.00 0.00 0.00 1-A-24 639,000.00 639,000.00 0.00 0.00 0.00 0.00 1-A-25 6,514,000.00 6,514,000.00 0.00 0.00 0.00 0.00 1-A-26 0.00 0.00 0.00 0.00 0.00 0.00 1-A-R 100.00 0.00 0.00 0.00 0.00 0.00 2-A-1 168,697,000.00 165,004,764.60 645,001.49 2,091,375.38 0.00 0.00 30-PO 4,461,017.00 4,406,556.26 5,151.10 1,554.12 0.00 0.00 15-PO 1,214,451.00 1,183,075.41 4,910.45 49,682.30 0.00 0.00 30-IO 0.00 0.00 0.00 0.00 0.00 0.00 15-IO 0.00 0.00 0.00 0.00 0.00 0.00 30-B-1 6,835,000.00 6,820,136.07 7,526.30 0.00 0.00 0.00 30-B-2 2,010,000.00 2,005,628.89 2,213.29 0.00 0.00 0.00 30-B-3 1,206,000.00 1,203,377.34 1,327.98 0.00 0.00 0.00 30-B-4 804,000.00 802,251.56 885.32 0.00 0.00 0.00 30-B-5 603,000.00 601,688.67 663.99 0.00 0.00 0.00 30-B-6 603,648.00 602,335.26 664.70 0.00 0.00 0.00 15-B-1 1,554,000.00 1,542,144.82 6,028.23 0.00 0.00 0.00 15-B-2 432,000.00 428,704.35 1,675.80 0.00 0.00 0.00 15-B-3 345,000.00 342,368.06 1,338.31 0.00 0.00 0.00 15-B-4 173,000.00 171,680.21 671.10 0.00 0.00 0.00 15-B-5 173,000.00 171,680.21 671.10 0.00 0.00 0.00 15-B-6 86,539.00 85,878.86 335.60 0.00 0.00 0.00 Totals 574,709,755.00 567,414,146.40 1,100,663.70 4,404,680.64 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution 1-A-1 603,752.25 24,852,341.55 0.95030367 603,752.25 1-A-2 0.00 2,258,000.00 1.00000000 0.00 1-A-3 0.00 2,060,000.00 1.00000000 0.00 1-A-4 0.00 1,154,000.00 1.00000000 0.00 1-A-5 0.00 3,376,000.00 1.00000000 0.00 1-A-6 289,561.25 24,336,020.76 0.97344083 289,561.25 1-A-7 231,583.82 24,167,188.71 0.97515187 231,583.82 1-A-8 710,752.39 58,370,207.22 0.97283679 710,752.39 1-A-9 440,625.71 48,989,621.98 0.97979244 440,625.71 1-A-10 0.00 16,649,000.00 1.00000000 0.00 1-A-11 170,118.59 13,970,909.10 0.97283679 170,118.59 1-A-12 7,083.83 581,756.40 0.97283679 7,083.83 1-A-13 0.00 21,626,000.00 1.00000000 0.00 1-A-14 0.00 25,735,000.00 1.00000000 0.00 1-A-15 0.00 1,937,000.00 1.00000000 0.00 1-A-16 123,481.38 10,140,850.67 0.97283679 123,481.38 1-A-17 106,708.54 10,433,311.68 0.97708482 106,708.54 1-A-18 0.00 0.00 0.00000000 0.00 1-A-19 0.00 28,507,000.00 1.00000000 0.00 1-A-20 0.00 0.00 0.00000000 0.00 1-A-21 0.00 10,013,000.00 1.00000000 0.00 1-A-22 0.00 22,009,000.00 1.00000000 0.00 1-A-23 0.00 21,039,000.00 1.00000000 0.00 1-A-24 0.00 639,000.00 1.00000000 0.00 1-A-25 0.00 6,514,000.00 1.00000000 0.00 1-A-26 0.00 0.00 0.00000000 0.00 1-A-R 0.00 0.00 0.00000000 0.00 2-A-1 2,736,376.87 162,268,387.72 0.96189255 2,736,376.87 30-PO 6,705.22 4,399,851.05 0.98628879 6,705.22 15-PO 54,592.75 1,128,482.66 0.92921218 54,592.75 30-IO 0.00 0.00 0.00000000 0.00 15-IO 0.00 0.00 0.00000000 0.00 30-B-1 7,526.30 6,812,609.77 0.99672418 7,526.30 30-B-2 2,213.29 2,003,415.60 0.99672418 2,213.29 30-B-3 1,327.98 1,202,049.36 0.99672418 1,327.98 30-B-4 885.32 801,366.24 0.99672418 885.32 30-B-5 663.99 601,024.68 0.99672418 663.99 30-B-6 664.70 601,670.56 0.99672418 664.70 15-B-1 6,028.23 1,536,116.60 0.98849202 6,028.23 15-B-2 1,675.80 427,028.55 0.98849201 1,675.80 15-B-3 1,338.31 341,029.75 0.98849203 1,338.31 15-B-4 671.10 171,009.12 0.98849202 671.10 15-B-5 671.10 171,009.12 0.98849202 671.10 15-B-6 335.60 85,543.26 0.98849374 335.60 Totals 5,505,344.32 561,908,802.11 0.97772623 5,505,344.32
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion 1-A-1 26,152,000.00 973.38994341 3.62680866 19.45946620 0.00000000 1-A-2 2,258,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-3 2,060,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-4 1,154,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-5 3,376,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-6 25,000,000.00 985.02328040 1.81958000 9.76287000 0.00000000 1-A-7 24,783,000.00 984.49632934 1.46799661 7.87646613 0.00000000 1-A-8 60,000,000.00 984.68266033 1.86096350 9.98490983 0.00000000 1-A-9 50,000,000.00 988.60495380 1.38442860 7.42808540 0.00000000 1-A-10 16,649,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-11 14,361,000.00 984.68265998 1.86096372 9.98490983 0.00000000 1-A-12 598,000.00 984.68265886 1.86096990 9.98491639 0.00000000 1-A-13 21,626,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-14 25,735,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-15 1,937,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-16 10,424,000.00 984.68266021 1.86096316 9.98490982 0.00000000 1-A-17 10,678,000.00 987.07812512 1.56992883 8.42337891 0.00000000 1-A-18 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-19 28,507,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-20 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-21 10,013,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-22 22,009,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-23 21,039,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-24 639,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-25 6,514,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 1-A-26 0.00 0.00000000 0.00000000 0.00000000 0.00000000 1-A-R 100.00 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 168,697,000.00 978.11321245 3.82343189 12.39722923 0.00000000 30-PO 4,461,017.00 987.79185553 1.15469186 0.34837796 0.00000000 15-PO 1,214,451.00 974.16479545 4.04334963 40.90926682 0.00000000 30-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 15-IO 0.00 0.00000000 0.00000000 0.00000000 0.00000000 30-B-1 6,835,000.00 997.82532114 1.10114119 0.00000000 0.00000000 30-B-2 2,010,000.00 997.82531841 1.10113930 0.00000000 0.00000000 30-B-3 1,206,000.00 997.82532338 1.10114428 0.00000000 0.00000000 30-B-4 804,000.00 997.82532338 1.10114428 0.00000000 0.00000000 30-B-5 603,000.00 997.82532338 1.10114428 0.00000000 0.00000000 30-B-6 603,648.00 997.82532204 1.10113841 0.00000000 0.00000000 15-B-1 1,554,000.00 992.37118404 3.87916988 0.00000000 0.00000000 15-B-2 432,000.00 992.37118056 3.87916667 0.00000000 0.00000000 15-B-3 345,000.00 992.37118841 3.87915942 0.00000000 0.00000000 15-B-4 173,000.00 992.37115607 3.87919075 0.00000000 0.00000000 15-B-5 173,000.00 992.37115607 3.87919075 0.00000000 0.00000000 15-B-6 86,539.00 992.37176302 3.87802031 0.00000000 0.00000000 (2) All Classes are per $1,000 denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution 1-A-1 0.00000000 23.08627447 950.30366894 0.95030367 23.08627447 1-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-6 0.00000000 11.58245000 973.44083040 0.97344083 11.58245000 1-A-7 0.00000000 9.34446274 975.15186660 0.97515187 9.34446274 1-A-8 0.00000000 11.84587317 972.83678700 0.97283679 11.84587317 1-A-9 0.00000000 8.81251420 979.79243960 0.97979244 8.81251420 1-A-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-11 0.00000000 11.84587355 972.83678713 0.97283679 11.84587355 1-A-12 0.00000000 11.84586957 972.83678930 0.97283679 11.84586957 1-A-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-15 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-16 0.00000000 11.84587299 972.83678722 0.97283679 11.84587299 1-A-17 0.00000000 9.99330774 977.08481738 0.97708482 9.99330774 1-A-18 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-19 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-20 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-21 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-22 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-23 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-24 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-25 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 1-A-26 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1-A-R 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 0.00000000 16.22066113 961.89255126 0.96189255 16.22066113 30-PO 0.00000000 1.50306982 986.28878796 0.98628879 1.50306982 15-PO 0.00000000 44.95261645 929.21217900 0.92921218 44.95261645 30-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 15-IO 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 30-B-1 0.00000000 1.10114119 996.72417996 0.99672418 1.10114119 30-B-2 0.00000000 1.10113930 996.72417910 0.99672418 1.10113930 30-B-3 0.00000000 1.10114428 996.72417910 0.99672418 1.10114428 30-B-4 0.00000000 1.10114428 996.72417910 0.99672418 1.10114428 30-B-5 0.00000000 1.10114428 996.72417910 0.99672418 1.10114428 30-B-6 0.00000000 1.10113841 996.72418363 0.99672418 1.10113841 15-B-1 0.00000000 3.87916988 988.49202059 0.98849202 3.87916988 15-B-2 0.00000000 3.87916667 988.49201389 0.98849201 3.87916667 15-B-3 0.00000000 3.87915942 988.49202899 0.98849203 3.87915942 15-B-4 0.00000000 3.87919075 988.49202312 0.98849202 3.87919075 15-B-5 0.00000000 3.87919075 988.49202312 0.98849202 3.87919075 15-B-6 0.00000000 3.87802031 988.49374271 0.98849374 3.87802031 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall 1-A-1 26,152,000.00 5.50000% 25,456,093.80 116,673.76 0.00 0.00 1-A-2 2,258,000.00 5.50000% 2,258,000.00 10,349.17 0.00 0.00 1-A-3 2,060,000.00 5.50000% 2,060,000.00 9,441.67 0.00 0.00 1-A-4 1,154,000.00 5.50000% 1,154,000.00 5,289.17 0.00 0.00 1-A-5 3,376,000.00 5.50000% 3,376,000.00 15,473.33 0.00 0.00 1-A-6 25,000,000.00 5.25000% 24,625,582.01 107,736.92 0.00 0.00 1-A-7 24,783,000.00 5.50000% 24,398,772.53 111,827.71 0.00 0.00 1-A-8 60,000,000.00 5.50000% 59,080,959.62 270,787.73 0.00 0.00 1-A-9 50,000,000.00 5.25000% 49,430,247.69 216,257.33 0.00 0.00 1-A-10 16,649,000.00 5.25000% 16,649,000.00 72,839.38 0.00 0.00 1-A-11 14,361,000.00 5.50000% 14,141,027.68 64,813.04 0.00 0.00 1-A-12 598,000.00 5.50000% 588,840.23 2,698.85 0.00 0.00 1-A-13 21,626,000.00 5.50000% 21,626,000.00 99,119.17 0.00 0.00 1-A-14 25,735,000.00 5.50000% 25,735,000.00 117,952.08 0.00 0.00 1-A-15 1,937,000.00 5.50000% 1,937,000.00 8,877.92 0.00 0.00 1-A-16 10,424,000.00 5.25000% 10,264,332.05 44,906.45 0.00 0.00 1-A-17 10,678,000.00 3.76000% 10,540,020.22 33,025.40 0.00 0.00 1-A-18 0.00 3.74000% 10,540,020.22 32,849.73 0.00 0.00 1-A-19 28,507,000.00 5.50000% 28,507,000.00 130,657.08 0.00 0.00 1-A-20 0.00 5.50000% 514,605.45 2,358.61 0.00 0.00 1-A-21 10,013,000.00 5.00000% 10,013,000.00 41,720.83 0.00 0.00 1-A-22 22,009,000.00 5.00000% 22,009,000.00 91,704.17 0.00 0.00 1-A-23 21,039,000.00 5.50000% 21,039,000.00 96,428.75 0.00 0.00 1-A-24 639,000.00 5.50000% 639,000.00 2,928.75 0.00 0.00 1-A-25 6,514,000.00 5.50000% 6,514,000.00 29,855.83 0.00 0.00 1-A-26 0.00 5.50000% 2,911,090.91 13,342.50 0.00 0.00 1-A-R 100.00 5.50000% 0.00 0.00 0.00 0.00 2-A-1 168,697,000.00 5.00000% 165,004,764.60 687,519.85 0.00 0.00 30-PO 4,461,017.00 0.00000% 4,406,556.26 0.00 0.00 0.00 15-PO 1,214,451.00 0.00000% 1,183,075.41 0.00 0.00 0.00 30-IO 0.00 5.50000% 4,067,369.38 18,642.11 0.00 0.00 15-IO 0.00 5.00000% 2,978,010.06 12,408.38 0.00 0.00 30-B-1 6,835,000.00 5.50000% 6,820,136.07 31,258.96 0.00 0.00 30-B-2 2,010,000.00 5.50000% 2,005,628.89 9,192.47 0.00 0.00 30-B-3 1,206,000.00 5.50000% 1,203,377.34 5,515.48 0.00 0.00 30-B-4 804,000.00 5.50000% 802,251.56 3,676.99 0.00 0.00 30-B-5 603,000.00 5.50000% 601,688.67 2,757.74 0.00 0.00 30-B-6 603,648.00 5.50000% 602,335.26 2,760.70 0.00 0.00 15-B-1 1,554,000.00 5.00000% 1,542,144.82 6,425.60 0.00 0.00 15-B-2 432,000.00 5.00000% 428,704.35 1,786.27 0.00 0.00 15-B-3 345,000.00 5.00000% 342,368.06 1,426.53 0.00 0.00 15-B-4 173,000.00 5.00000% 171,680.21 715.33 0.00 0.00 15-B-5 173,000.00 5.00000% 171,680.21 715.33 0.00 0.00 15-B-6 86,539.00 5.00000% 85,878.86 357.83 0.00 0.00 Totals 574,709,755.00 2,535,074.90 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance 1-A-1 0.00 0.00 116,673.76 0.00 24,852,341.55 1-A-2 0.00 0.00 10,349.17 0.00 2,258,000.00 1-A-3 0.00 0.00 9,441.67 0.00 2,060,000.00 1-A-4 0.00 0.00 5,289.17 0.00 1,154,000.00 1-A-5 0.00 0.00 15,473.33 0.00 3,376,000.00 1-A-6 0.00 0.00 107,736.92 0.00 24,336,020.76 1-A-7 0.00 0.00 111,827.71 0.00 24,167,188.71 1-A-8 0.00 0.00 270,787.73 0.00 58,370,207.22 1-A-9 0.00 0.00 216,257.33 0.00 48,989,621.98 1-A-10 0.00 0.00 72,839.38 0.00 16,649,000.00 1-A-11 0.00 0.00 64,813.04 0.00 13,970,909.10 1-A-12 0.00 0.00 2,698.85 0.00 581,756.40 1-A-13 0.00 0.00 99,119.17 0.00 21,626,000.00 1-A-14 0.00 0.00 117,952.08 0.00 25,735,000.00 1-A-15 0.00 0.00 8,877.92 0.00 1,937,000.00 1-A-16 0.00 0.00 44,906.45 0.00 10,140,850.67 1-A-17 0.00 0.00 33,025.40 0.00 10,433,311.68 1-A-18 0.00 0.00 32,849.73 0.00 10,433,311.68 1-A-19 0.00 0.00 130,657.08 0.00 28,507,000.00 1-A-20 0.00 0.00 2,358.61 0.00 514,605.45 1-A-21 0.00 0.00 41,720.83 0.00 10,013,000.00 1-A-22 0.00 0.00 91,704.17 0.00 22,009,000.00 1-A-23 0.00 0.00 96,428.75 0.00 21,039,000.00 1-A-24 0.00 0.00 2,928.75 0.00 639,000.00 1-A-25 0.00 0.00 29,855.83 0.00 6,514,000.00 1-A-26 0.00 0.00 13,342.50 0.00 2,911,090.91 1-A-R 0.00 0.00 0.10 0.00 0.00 2-A-1 0.00 0.00 687,519.85 0.00 162,268,387.72 30-PO 0.00 0.00 0.00 0.00 4,399,851.05 15-PO 0.00 0.00 0.00 0.00 1,128,482.66 30-IO 0.00 0.00 18,642.11 0.00 4,009,359.00 15-IO 0.00 0.00 12,408.38 0.00 2,965,983.20 30-B-1 0.00 0.00 31,258.96 0.00 6,812,609.77 30-B-2 0.00 0.00 9,192.47 0.00 2,003,415.60 30-B-3 0.00 0.00 5,515.48 0.00 1,202,049.36 30-B-4 0.00 0.00 3,676.99 0.00 801,366.24 30-B-5 0.00 0.00 2,757.74 0.00 601,024.68 30-B-6 0.00 0.00 2,760.70 0.00 601,670.56 15-B-1 0.00 0.00 6,425.60 0.00 1,536,116.60 15-B-2 0.00 0.00 1,786.27 0.00 427,028.55 15-B-3 0.00 0.00 1,426.53 0.00 341,029.75 15-B-4 0.00 0.00 715.33 0.00 171,009.12 15-B-5 0.00 0.00 715.33 0.00 171,009.12 15-B-6 0.00 0.00 357.83 0.00 85,543.26 Totals 0.00 0.00 2,535,075.00 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall 1-A-1 26,152,000.00 5.50000% 973.38994341 4.46137045 0.00000000 0.00000000 1-A-2 2,258,000.00 5.50000% 1000.00000000 4.58333481 0.00000000 0.00000000 1-A-3 2,060,000.00 5.50000% 1000.00000000 4.58333495 0.00000000 0.00000000 1-A-4 1,154,000.00 5.50000% 1000.00000000 4.58333622 0.00000000 0.00000000 1-A-5 3,376,000.00 5.50000% 1000.00000000 4.58333235 0.00000000 0.00000000 1-A-6 25,000,000.00 5.25000% 985.02328040 4.30947680 0.00000000 0.00000000 1-A-7 24,783,000.00 5.50000% 984.49632934 4.51227495 0.00000000 0.00000000 1-A-8 60,000,000.00 5.50000% 984.68266033 4.51312883 0.00000000 0.00000000 1-A-9 50,000,000.00 5.25000% 988.60495380 4.32514660 0.00000000 0.00000000 1-A-10 16,649,000.00 5.25000% 1000.00000000 4.37500030 0.00000000 0.00000000 1-A-11 14,361,000.00 5.50000% 984.68265998 4.51312861 0.00000000 0.00000000 1-A-12 598,000.00 5.50000% 984.68265886 4.51312709 0.00000000 0.00000000 1-A-13 21,626,000.00 5.50000% 1000.00000000 4.58333349 0.00000000 0.00000000 1-A-14 25,735,000.00 5.50000% 1000.00000000 4.58333320 0.00000000 0.00000000 1-A-15 1,937,000.00 5.50000% 1000.00000000 4.58333505 0.00000000 0.00000000 1-A-16 10,424,000.00 5.25000% 984.68266021 4.30798638 0.00000000 0.00000000 1-A-17 10,678,000.00 3.76000% 987.07812512 3.09284510 0.00000000 0.00000000 1-A-18 0.00 3.74000% 987.07812512 3.07639352 0.00000000 0.00000000 1-A-19 28,507,000.00 5.50000% 1000.00000000 4.58333322 0.00000000 0.00000000 1-A-20 0.00 5.50000% 1000.00087446 4.58334062 0.00000000 0.00000000 1-A-21 10,013,000.00 5.00000% 1000.00000000 4.16666633 0.00000000 0.00000000 1-A-22 22,009,000.00 5.00000% 1000.00000000 4.16666682 0.00000000 0.00000000 1-A-23 21,039,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 1-A-24 639,000.00 5.50000% 1000.00000000 4.58333333 0.00000000 0.00000000 1-A-25 6,514,000.00 5.50000% 1000.00000000 4.58333282 0.00000000 0.00000000 1-A-26 0.00 5.50000% 1000.00031260 4.58333476 0.00000000 0.00000000 1-A-R 100.00 5.50000% 0.00000000 0.00000000 0.00000000 0.00000000 2-A-1 168,697,000.00 5.00000% 978.11321245 4.07547170 0.00000000 0.00000000 30-PO 4,461,017.00 0.00000% 987.79185553 0.00000000 0.00000000 0.00000000 15-PO 1,214,451.00 0.00000% 974.16479545 0.00000000 0.00000000 0.00000000 30-IO 0.00 5.50000% 940.63644801 4.31125047 0.00000000 0.00000000 15-IO 0.00 5.00000% 980.56559148 4.08569153 0.00000000 0.00000000 30-B-1 6,835,000.00 5.50000% 997.82532114 4.57336650 0.00000000 0.00000000 30-B-2 2,010,000.00 5.50000% 997.82531841 4.57336816 0.00000000 0.00000000 30-B-3 1,206,000.00 5.50000% 997.82532338 4.57336650 0.00000000 0.00000000 30-B-4 804,000.00 5.50000% 997.82532338 4.57337065 0.00000000 0.00000000 30-B-5 603,000.00 5.50000% 997.82532338 4.57336650 0.00000000 0.00000000 30-B-6 603,648.00 5.50000% 997.82532204 4.57336063 0.00000000 0.00000000 15-B-1 1,554,000.00 5.00000% 992.37118404 4.13487773 0.00000000 0.00000000 15-B-2 432,000.00 5.00000% 992.37118056 4.13488426 0.00000000 0.00000000 15-B-3 345,000.00 5.00000% 992.37118841 4.13486957 0.00000000 0.00000000 15-B-4 173,000.00 5.00000% 992.37115607 4.13485549 0.00000000 0.00000000 15-B-5 173,000.00 5.00000% 992.37115607 4.13485549 0.00000000 0.00000000 15-B-6 86,539.00 5.00000% 992.37176302 4.13489872 0.00000000 0.00000000 (5) All Classes are per $1,000 denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance 1-A-1 0.00000000 0.00000000 4.46137045 0.00000000 950.30366894 1-A-2 0.00000000 0.00000000 4.58333481 0.00000000 1000.00000000 1-A-3 0.00000000 0.00000000 4.58333495 0.00000000 1000.00000000 1-A-4 0.00000000 0.00000000 4.58333622 0.00000000 1000.00000000 1-A-5 0.00000000 0.00000000 4.58333235 0.00000000 1000.00000000 1-A-6 0.00000000 0.00000000 4.30947680 0.00000000 973.44083040 1-A-7 0.00000000 0.00000000 4.51227495 0.00000000 975.15186660 1-A-8 0.00000000 0.00000000 4.51312883 0.00000000 972.83678700 1-A-9 0.00000000 0.00000000 4.32514660 0.00000000 979.79243960 1-A-10 0.00000000 0.00000000 4.37500030 0.00000000 1000.00000000 1-A-11 0.00000000 0.00000000 4.51312861 0.00000000 972.83678713 1-A-12 0.00000000 0.00000000 4.51312709 0.00000000 972.83678930 1-A-13 0.00000000 0.00000000 4.58333349 0.00000000 1000.00000000 1-A-14 0.00000000 0.00000000 4.58333320 0.00000000 1000.00000000 1-A-15 0.00000000 0.00000000 4.58333505 0.00000000 1000.00000000 1-A-16 0.00000000 0.00000000 4.30798638 0.00000000 972.83678722 1-A-17 0.00000000 0.00000000 3.09284510 0.00000000 977.08481738 1-A-18 0.00000000 0.00000000 3.07639352 0.00000000 977.08481738 1-A-19 0.00000000 0.00000000 4.58333322 0.00000000 1000.00000000 1-A-20 0.00000000 0.00000000 4.58334062 0.00000000 1000.00087446 1-A-21 0.00000000 0.00000000 4.16666633 0.00000000 1000.00000000 1-A-22 0.00000000 0.00000000 4.16666682 0.00000000 1000.00000000 1-A-23 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 1-A-24 0.00000000 0.00000000 4.58333333 0.00000000 1000.00000000 1-A-25 0.00000000 0.00000000 4.58333282 0.00000000 1000.00000000 1-A-26 0.00000000 0.00000000 4.58333476 0.00000000 1000.00031260 1-A-R 0.00000000 0.00000000 1.00000000 0.00000000 0.00000000 2-A-1 0.00000000 0.00000000 4.07547170 0.00000000 961.89255126 30-PO 0.00000000 0.00000000 0.00000000 0.00000000 986.28878796 15-PO 0.00000000 0.00000000 0.00000000 0.00000000 929.21217900 30-IO 0.00000000 0.00000000 4.31125047 0.00000000 927.22073070 15-IO 0.00000000 0.00000000 4.08569153 0.00000000 976.60552256 30-B-1 0.00000000 0.00000000 4.57336650 0.00000000 996.72417996 30-B-2 0.00000000 0.00000000 4.57336816 0.00000000 996.72417910 30-B-3 0.00000000 0.00000000 4.57336650 0.00000000 996.72417910 30-B-4 0.00000000 0.00000000 4.57337065 0.00000000 996.72417910 30-B-5 0.00000000 0.00000000 4.57336650 0.00000000 996.72417910 30-B-6 0.00000000 0.00000000 4.57336063 0.00000000 996.72418363 15-B-1 0.00000000 0.00000000 4.13487773 0.00000000 988.49202059 15-B-2 0.00000000 0.00000000 4.13488426 0.00000000 988.49201389 15-B-3 0.00000000 0.00000000 4.13486957 0.00000000 988.49202899 15-B-4 0.00000000 0.00000000 4.13485549 0.00000000 988.49202312 15-B-5 0.00000000 0.00000000 4.13485549 0.00000000 988.49202312 15-B-6 0.00000000 0.00000000 4.13489872 0.00000000 988.49374271 (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 8,161,395.48 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 8,161,395.48 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 120,976.16 Payment of Interest and Principal 8,040,419.32 Total Withdrawals (Pool Distribution Amount) 8,161,395.48 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 118,211.28 Assured Guaranty Fee 1,109.93 Trustee Fee - Wells Fargo Bank, N.A. 1,654.95 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 120,976.16
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Financial Guaranty 0.00 0.00 0.00 0.00 Reserve Fund 999.99 0.00 0.00 999.99
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 2,645,263.05 0.00 0.00 0.00 2,645,263.05 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 5 0 0 0 5 2,645,263.05 0.00 0.00 0.00 2,645,263.05 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.467727% 0.000000% 0.000000% 0.000000% 0.467727% 0.470029% 0.000000% 0.000000% 0.000000% 0.470029% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.467727% 0.000000% 0.000000% 0.000000% 0.467727% 0.470029% 0.000000% 0.000000% 0.000000% 0.470029%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 - 30 Year Fixed 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 4 0 0 0 4 1,950,350.10 0.00 0.00 0.00 1,950,350.10 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 4 0 0 0 4 1,950,350.10 0.00 0.00 0.00 1,950,350.10 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.526316% 0.000000% 0.000000% 0.000000% 0.526316% 0.492342% 0.000000% 0.000000% 0.000000% 0.492342% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.526316% 0.000000% 0.000000% 0.000000% 0.526316% 0.492342% 0.000000% 0.000000% 0.000000% 0.492342% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 - 15 Year Fixed No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 1 0 0 0 1 694,912.95 0.00 0.00 0.00 694,912.95 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 1 0 0 0 1 694,912.95 0.00 0.00 0.00 694,912.95 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.323625% 0.000000% 0.000000% 0.000000% 0.323625% 0.416988% 0.000000% 0.000000% 0.000000% 0.416988% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.323625% 0.000000% 0.000000% 0.000000% 0.323625% 0.416988% 0.000000% 0.000000% 0.000000% 0.416988%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 16,837.09
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 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-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 - 30 Year Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-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 - 15 Year Fixed 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current REO Total Jan-05 0.000% Loans in REO 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-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 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000% Loans in Foreclosure 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-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 - 30 Year Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000% Loans in Foreclosure 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-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 - 15 Year Fixed 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Sep-04 0.000% Original Principal Balance 0.00 Oct-04 0.000% Current Principal Balance 0.00 Nov-04 0.000% Dec-04 0.000% Current Foreclosure Total Jan-05 0.000% Loans in Foreclosure 0 Feb-05 0.000% Original Principal Balance 0.00 Mar-05 0.000% Current Principal Balance 0.00 Apr-05 0.000% May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance No Foreclosure loans this period.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No Foreclosure loans this period.
COLLATERAL STATEMENT Collateral Description Mixed Fixed Weighted Average Gross Coupon 5.617169% Weighted Average Pass-Through Rate 5.363669% Weighted Average Maturity(Stepdown Calculation) 264 Beginning Scheduled Collateral Loan Count 1,076 Number Of Loans Paid In Full 7 Ending Scheduled Collateral Loan Count 1,069 Beginning Scheduled Collateral Balance 567,414,148.38 Ending Scheduled Collateral Balance 561,908,803.97 Ending Actual Collateral Balance at 29-Jul-2005 562,787,756.09 Monthly P&I Constant 3,756,714.91 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Class A Non-PO Optimal Amount 7,827,232.35 Class AP Deferred Amount 0.00 Scheduled Principal 1,100,663.79 Unscheduled Principal 4,404,680.62
Miscellaneous Reporting Senior % 97.369663% Subordinate % 2.630337%
Group Level Collateral Statement Group 1 - 30 Year Fixed 2 - 15 Year Fixed Total Collateral Description Fixed 30 Year Fixed 15 Year Mixed Fixed Weighted Average Coupon Rate 5.748819 5.306626 5.617169 Weighted Average Net Rate 5.498819 5.056626 5.367169 Weighted Average Maturity 353 174 264 Beginning Loan Count 765 311 1,076 Loans Paid In Full 5 2 7 Ending Loan Count 760 309 1,069 Beginning Scheduled Balance 398,483,850.92 168,930,297.46 567,414,148.38 Ending Scheduled Balance 395,780,196.36 166,128,607.61 561,908,803.97 Record Date 07/29/2005 07/29/2005 07/29/2005 Principal And Interest Constant 2,349,041.14 1,407,673.77 3,756,714.91 Scheduled Principal 440,031.62 660,632.17 1,100,663.79 Unscheduled Principal 2,263,622.94 2,141,057.68 4,404,680.62 Scheduled Interest 1,909,009.52 747,041.60 2,656,051.12 Servicing Fees 83,017.47 35,193.81 118,211.28 Master Servicing Fees 0.00 0.00 0.00 Trustee Fee 1,162.24 492.71 1,654.95 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 1,824,829.81 711,355.08 2,536,184.89 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalties 0.00 0.00 0.00 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.495319 5.053126 5.363669
Miscellaneous Reporting Group 1 - 30 Year Fixed CPR 6.614790% Subordinate % 3.054076% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 96.945924% Group 2 - 15 Year Fixed CPR 14.244273% Subordinate % 1.634875% Subordinate Prepayment % 0.000000% Senior Prepayment % 100.000000% Senior % 98.365125%
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 - 30 Year Fixed 5 2,817,000.00 2,188,940.87 0 0.00 0.00 2 - 15 Year Fixed 2 1,603,000.00 1,576,742.75 0 0.00 0.00 Total 7 4,420,000.00 3,765,683.62 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 - 30 Year Fixed 0 0.00 0.00 0 0.00 0.00 81,593.01 2 - 15 Year Fixed 0 0.00 0.00 0 0.00 0.00 570,361.98 Total 0 0.00 0.00 0 0.00 0.00 651,954.99
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 - 30 Year Fixed 6643037713 FL 80.00 01-May-2005 400,000.00 398,317.42 1 - 30 Year Fixed 6712701470 IL 80.00 01-May-2005 396,000.00 394,334.28 1 - 30 Year Fixed 6757815979 CA 80.00 01-Jun-2005 596,000.00 593,930.36 1 - 30 Year Fixed 6811387510 CA 50.00 01-May-2005 805,000.00 799,242.38 1 - 30 Year Fixed 6836289832 CA 67.44 01-May-2005 620,000.00 (3,794.51) 2 - 15 Year Fixed 6385150302 CO 28.67 01-Apr-2005 975,000.00 956,796.08 2 - 15 Year Fixed 6677910298 CA 75.84 01-Mar-2005 628,000.00 613,899.62
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 - 30 Year Fixed 6643037713 Loan Paid in Full 0 5.750% 360 3 1 - 30 Year Fixed 6712701470 Loan Paid in Full (1) 5.750% 360 3 1 - 30 Year Fixed 6757815979 Loan Paid in Full 0 6.250% 360 2 1 - 30 Year Fixed 6811387510 Loan Paid in Full 0 5.750% 360 3 1 - 30 Year Fixed 6836289832 Loan Paid in Full 0 6.250% 360 3 2 - 15 Year Fixed 6385150302 Loan Paid in Full 0 5.125% 180 4 2 - 15 Year Fixed 6677910298 Loan Paid in Full 0 5.125% 180 5
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 0.778% Current Month 8.944% Current Month 1,502.372% 3 Month Average 0.557% 3 Month Average 6.462% 3 Month Average 1,713.146% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 3.906% N/A Jun-2005 1,987.756% N/A Jul-2005 6.536% N/A Jul-2005 1,649.311% N/A Aug-2005 8.944% N/A Aug-2005 1,502.372% 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 - 30 Year Fixed SMM CPR PSA Current Month 0.569% Current Month 6.615% Current Month 1,200.084% 3 Month Average 0.412% 3 Month Average 4.829% 3 Month Average 1,599.416% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 3.597% N/A Jun-2005 2,380.824% N/A Jul-2005 4.275% N/A Jul-2005 1,217.338% N/A Aug-2005 6.615% N/A Aug-2005 1,200.084% 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 - 15 Year Fixed SMM CPR PSA Current Month 1.272% Current Month 14.244% Current Month 2,033.363% 3 Month Average 0.898% 3 Month Average 10.172% 3 Month Average 1,959.134% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 4.626% N/A Jun-2005 1,528.062% N/A Jul-2005 11.645% N/A Jul-2005 2,315.976% N/A Aug-2005 14.244% N/A Aug-2005 2,033.363% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Single Month Mortality (SMM): (Partial and full prepayments + Repurchases) / (Beginning Scheduled Balance - Scheduled Principal) Conditional PrePayment Rate (CPR): 1 - ((1 - SMM)^12) PSA Standard Prepayment Model: 100 * CPR / (0.2 * MIN(30,WAS)) Weighted Average Seasoning (WAS): sum((Original Term - Remaining Term)*(Current Scheduled Balance/Deal Scheduled Principal Balance))
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage 1 - 30 Year Fixed 0 0.00 0.00 0.000% 2 - 15 Year Fixed 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. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 1 - 30 Year Fixed MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. 2 - 15 Year Fixed MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Sep-2004 N/A N/A Sep-2004 N/A N/A Oct-2004 N/A N/A Oct-2004 N/A N/A Nov-2004 N/A N/A Nov-2004 N/A N/A Dec-2004 N/A N/A Dec-2004 N/A N/A Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 N/A N/A May-2005 N/A N/A Jun-2005 0.000% N/A Jun-2005 0.000% N/A Jul-2005 0.000% N/A Jul-2005 0.000% N/A Aug-2005 0.000% N/A Aug-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
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