8-K 1 ace05wf1_10509.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): September 26, 2005 ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-WF1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-123741-05 Pooling and Servicing Agreement) (Commission 54-2176823 (State or other File Number) 54-2176824 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 September 26, 2005 a distribution was made to holders of ACE SECURITIES CORP. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series 2005-WF1 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-WF1 Trust, relating to the September 26, 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. ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-WF1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 10/4/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-WF1 Trust, relating to the September 26, 2005 distribution. EX-99.1
ACE Securities Corporation Asset Backed Pass-Through Certificates Record Date: 8/31/2005 Distribution Date: 9/26/2005 ACE Securities Corporation Asset Backed Pass-Through Certificates Series ACE 2005-WF1 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 A-1 004421QK2 SEN 3.87125% 329,604,732.62 1,134,206.51 A-2A 004421QL0 SEN 3.74125% 79,972,244.18 265,952.14 A-2B 004421QM8 SEN 3.85125% 28,250,000.00 96,709.17 A-2C 004421QN6 SEN 3.98125% 27,760,000.00 98,239.56 M-1 004421QP1 MEZ 4.06125% 14,502,000.00 52,352.22 M-2 004421QQ9 MEZ 4.08125% 13,364,000.00 48,481.62 M-3 004421QR7 MEZ 4.10125% 8,530,000.00 31,096.59 M-4 004421QS5 MEZ 4.22125% 7,109,000.00 26,674.55 M-5 004421QT3 MEZ 4.24125% 7,109,000.00 26,800.93 M-6 004421QU0 MEZ 4.29125% 6,540,000.00 24,946.47 M-7 004421QV8 MEZ 4.77125% 4,550,000.00 19,297.06 M-8 004421QW6 MEZ 4.84125% 4,550,000.00 19,580.17 M-9 004421QX4 MEZ 5.49125% 5,687,000.00 27,758.88 M-10 004421QY2 MEZ 6.64125% 5,687,000.00 33,572.26 M-11 004421QZ9 MEZ 6.64125% 5,687,000.00 33,572.26 CE ACE05WFCE SEN 0.00000% 9,667,788.63 1,018,533.00 P ACE05WF1P SEN 0.00000% 100.00 221,973.53 R ACE05WFR1 RES 0.00000% 0.00 0.00 Totals 558,569,865.43 3,179,746.92
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1 22,078,869.97 0.00 307,525,862.65 23,213,076.48 0.00 A-2A 8,566,990.22 0.00 71,405,253.96 8,832,942.36 0.00 A-2B 0.00 0.00 28,250,000.00 96,709.17 0.00 A-2C 0.00 0.00 27,760,000.00 98,239.56 0.00 M-1 0.00 0.00 14,502,000.00 52,352.22 0.00 M-2 0.00 0.00 13,364,000.00 48,481.62 0.00 M-3 0.00 0.00 8,530,000.00 31,096.59 0.00 M-4 0.00 0.00 7,109,000.00 26,674.55 0.00 M-5 0.00 0.00 7,109,000.00 26,800.93 0.00 M-6 0.00 0.00 6,540,000.00 24,946.47 0.00 M-7 0.00 0.00 4,550,000.00 19,297.06 0.00 M-8 0.00 0.00 4,550,000.00 19,580.17 0.00 M-9 0.00 0.00 5,687,000.00 27,758.88 0.00 M-10 0.00 0.00 5,687,000.00 33,572.26 0.00 M-11 0.00 0.00 5,687,000.00 33,572.26 0.00 CE 0.00 0.00 9,667,788.63 1,018,533.00 0.00 P 0.00 0.00 100.00 221,973.53 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 30,645,860.19 0.00 527,924,005.24 33,825,607.11 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) A-1 335,029,000.00 329,604,732.62 0.00 22,078,869.97 0.00 0.00 A-2A 84,673,000.00 79,972,244.18 0.00 8,566,990.22 0.00 0.00 A-2B 28,250,000.00 28,250,000.00 0.00 0.00 0.00 0.00 A-2C 27,760,000.00 27,760,000.00 0.00 0.00 0.00 0.00 M-1 14,502,000.00 14,502,000.00 0.00 0.00 0.00 0.00 M-2 13,364,000.00 13,364,000.00 0.00 0.00 0.00 0.00 M-3 8,530,000.00 8,530,000.00 0.00 0.00 0.00 0.00 M-4 7,109,000.00 7,109,000.00 0.00 0.00 0.00 0.00 M-5 7,109,000.00 7,109,000.00 0.00 0.00 0.00 0.00 M-6 6,540,000.00 6,540,000.00 0.00 0.00 0.00 0.00 M-7 4,550,000.00 4,550,000.00 0.00 0.00 0.00 0.00 M-8 4,550,000.00 4,550,000.00 0.00 0.00 0.00 0.00 M-9 5,687,000.00 5,687,000.00 0.00 0.00 0.00 0.00 M-10 5,687,000.00 5,687,000.00 0.00 0.00 0.00 0.00 M-11 5,687,000.00 5,687,000.00 0.00 0.00 0.00 0.00 CE 9,666,349.00 9,667,788.63 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 568,693,449.00 558,569,865.43 0.00 30,645,860.19 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 A-1 22,078,869.97 307,525,862.65 0.91790819 22,078,869.97 A-2A 8,566,990.22 71,405,253.96 0.84330606 8,566,990.22 A-2B 0.00 28,250,000.00 1.00000000 0.00 A-2C 0.00 27,760,000.00 1.00000000 0.00 M-1 0.00 14,502,000.00 1.00000000 0.00 M-2 0.00 13,364,000.00 1.00000000 0.00 M-3 0.00 8,530,000.00 1.00000000 0.00 M-4 0.00 7,109,000.00 1.00000000 0.00 M-5 0.00 7,109,000.00 1.00000000 0.00 M-6 0.00 6,540,000.00 1.00000000 0.00 M-7 0.00 4,550,000.00 1.00000000 0.00 M-8 0.00 4,550,000.00 1.00000000 0.00 M-9 0.00 5,687,000.00 1.00000000 0.00 M-10 0.00 5,687,000.00 1.00000000 0.00 M-11 0.00 5,687,000.00 1.00000000 0.00 CE 0.00 9,667,788.63 1.00014893 0.00 P 0.00 100.00 1.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 30,645,860.19 527,924,005.24 0.92831033 30,645,860.19
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 335,029,000.00 983.80955864 0.00000000 65.90136964 0.00000000 A-2A 84,673,000.00 944.48341478 0.00000000 101.17735547 0.00000000 A-2B 28,250,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 27,760,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 14,502,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,364,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 8,530,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 7,109,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 7,109,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 6,540,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 4,550,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 4,550,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 5,687,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 5,687,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-11 5,687,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 9,666,349.00 1000.14893214 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 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 A-1 0.00000000 65.90136964 917.90818899 0.91790819 65.90136964 A-2A 0.00000000 101.17735547 843.30605931 0.84330606 101.17735547 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 1,000.14893214 1.00014893 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 R 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 A-1 335,029,000.00 3.87125% 329,604,732.62 1,134,206.51 0.00 0.00 A-2A 84,673,000.00 3.74125% 79,972,244.18 265,952.14 0.00 0.00 A-2B 28,250,000.00 3.85125% 28,250,000.00 96,709.17 0.00 0.00 A-2C 27,760,000.00 3.98125% 27,760,000.00 98,239.56 0.00 0.00 M-1 14,502,000.00 4.06125% 14,502,000.00 52,352.22 0.00 0.00 M-2 13,364,000.00 4.08125% 13,364,000.00 48,481.62 0.00 0.00 M-3 8,530,000.00 4.10125% 8,530,000.00 31,096.59 0.00 0.00 M-4 7,109,000.00 4.22125% 7,109,000.00 26,674.55 0.00 0.00 M-5 7,109,000.00 4.24125% 7,109,000.00 26,800.93 0.00 0.00 M-6 6,540,000.00 4.29125% 6,540,000.00 24,946.47 0.00 0.00 M-7 4,550,000.00 4.77125% 4,550,000.00 19,297.06 0.00 0.00 M-8 4,550,000.00 4.84125% 4,550,000.00 19,580.17 0.00 0.00 M-9 5,687,000.00 5.49125% 5,687,000.00 27,758.88 0.00 0.00 M-10 5,687,000.00 6.64125% 5,687,000.00 33,572.26 0.00 0.00 M-11 5,687,000.00 6.64125% 5,687,000.00 33,572.26 0.00 0.00 CE 9,666,349.00 0.00000% 558,569,865.43 0.00 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 568,693,449.00 1,939,240.39 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 A-1 0.00 0.00 1,134,206.51 0.00 307,525,862.65 A-2A 0.00 0.00 265,952.14 0.00 71,405,253.96 A-2B 0.00 0.00 96,709.17 0.00 28,250,000.00 A-2C 0.00 0.00 98,239.56 0.00 27,760,000.00 M-1 0.00 0.00 52,352.22 0.00 14,502,000.00 M-2 0.00 0.00 48,481.62 0.00 13,364,000.00 M-3 0.00 0.00 31,096.59 0.00 8,530,000.00 M-4 0.00 0.00 26,674.55 0.00 7,109,000.00 M-5 0.00 0.00 26,800.93 0.00 7,109,000.00 M-6 0.00 0.00 24,946.47 0.00 6,540,000.00 M-7 0.00 0.00 19,297.06 0.00 4,550,000.00 M-8 0.00 0.00 19,580.17 0.00 4,550,000.00 M-9 0.00 0.00 27,758.88 0.00 5,687,000.00 M-10 0.00 0.00 33,572.26 0.00 5,687,000.00 M-11 0.00 0.00 33,572.26 0.00 5,687,000.00 CE 0.00 0.00 1,018,533.00 0.00 527,924,005.24 P 0.00 0.00 221,973.53 0.00 100.00 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 3,179,746.92 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 A-1 335,029,000.00 3.87125% 983.80955864 3.38539801 0.00000000 0.00000000 A-2A 84,673,000.00 3.74125% 944.48341478 3.14093206 0.00000000 0.00000000 A-2B 28,250,000.00 3.85125% 1000.00000000 3.42333345 0.00000000 0.00000000 A-2C 27,760,000.00 3.98125% 1000.00000000 3.53888905 0.00000000 0.00000000 M-1 14,502,000.00 4.06125% 1000.00000000 3.61000000 0.00000000 0.00000000 M-2 13,364,000.00 4.08125% 1000.00000000 3.62777761 0.00000000 0.00000000 M-3 8,530,000.00 4.10125% 1000.00000000 3.64555569 0.00000000 0.00000000 M-4 7,109,000.00 4.22125% 1000.00000000 3.75222253 0.00000000 0.00000000 M-5 7,109,000.00 4.24125% 1000.00000000 3.77000000 0.00000000 0.00000000 M-6 6,540,000.00 4.29125% 1000.00000000 3.81444495 0.00000000 0.00000000 M-7 4,550,000.00 4.77125% 1000.00000000 4.24111209 0.00000000 0.00000000 M-8 4,550,000.00 4.84125% 1000.00000000 4.30333407 0.00000000 0.00000000 M-9 5,687,000.00 5.49125% 1000.00000000 4.88111131 0.00000000 0.00000000 M-10 5,687,000.00 6.64125% 1000.00000000 5.90333392 0.00000000 0.00000000 M-11 5,687,000.00 6.64125% 1000.00000000 5.90333392 0.00000000 0.00000000 CE 9,666,349.00 0.00000% 57784.98846152 0.00000000 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 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 A-1 0.00000000 0.00000000 3.38539801 0.00000000 917.90818899 A-2A 0.00000000 0.00000000 3.14093206 0.00000000 843.30605931 A-2B 0.00000000 0.00000000 3.42333345 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 3.53888905 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.61000000 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.62777761 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.64555569 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.75222253 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.77000000 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.81444495 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 4.24111209 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 4.30333407 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 4.88111131 0.00000000 1000.00000000 M-10 0.00000000 0.00000000 5.90333392 0.00000000 1000.00000000 M-11 0.00000000 0.00000000 5.90333392 0.00000000 1000.00000000 CE 0.00000000 0.00000000 105.36894540 0.00000000 54614.62287778 P 0.00000000 0.00000000 2219735.30000000 0.00000000 1000.00000000 R 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 33,867,011.42 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 18,894.44 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 221,973.53 Total Deposits 34,107,879.39 Withdrawals Reimbursement for Servicer Advances 39,061.65 Payment of Service Fee 243,210.63 Payment of Interest and Principal 33,825,607.11 Total Withdrawals (Pool Distribution Amount) 34,107,879.39 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 232,737.45 Credit Risk Manager Fee - The Murrayhill Company 6,982.12 Master Servicing Fee: Wells Fargo Bank 3,491.06 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 243,210.63
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 1,000.00 6,916.21 6,916.21 1,000.00
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 7 0 0 7 574,022.64 0.00 0.00 574,022.64 30 Days 20 0 0 0 20 2,690,168.38 0.00 0.00 0.00 2,690,168.38 60 Days 0 0 1 0 1 0.00 0.00 133,133.74 0.00 133,133.74 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 20 7 1 0 28 2,690,168.38 574,022.64 133,133.74 0.00 3,397,324.76 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 0.217797% 0.000000% 0.000000% 0.217797% 0.108638% 0.000000% 0.000000% 0.108638% 30 Days 0.622278% 0.000000% 0.000000% 0.000000% 0.622278% 0.509133% 0.000000% 0.000000% 0.000000% 0.509133% 60 Days 0.000000% 0.000000% 0.031114% 0.000000% 0.031114% 0.000000% 0.000000% 0.025196% 0.000000% 0.025196% 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 0.622278% 0.217797% 0.031114% 0.000000% 0.871189% 0.509133% 0.108638% 0.025196% 0.000000% 0.642968%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total GRP I SUBGRP I No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 108,406.03 0.00 0.00 0.00 108,406.03 60 Days 0 0 1 0 1 0.00 0.00 133,133.74 0.00 133,133.74 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 2 0 1 0 3 108,406.03 0.00 133,133.74 0.00 241,539.77 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.377358% 0.000000% 0.000000% 0.000000% 0.377358% 0.139704% 0.000000% 0.000000% 0.000000% 0.139704% 60 Days 0.000000% 0.000000% 0.188679% 0.000000% 0.188679% 0.000000% 0.000000% 0.171570% 0.000000% 0.171570% 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 0.377358% 0.000000% 0.188679% 0.000000% 0.566038% 0.139704% 0.000000% 0.171570% 0.000000% 0.311274% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GRP I SUB GRP II 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 7 0 0 7 574,022.64 0.00 0.00 574,022.64 30 Days 15 0 0 0 15 1,840,713.68 0.00 0.00 0.00 1,840,713.68 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 15 7 0 0 22 1,840,713.68 574,022.64 0.00 0.00 2,414,736.32 0-29 Days 0.330345% 0.000000% 0.000000% 0.330345% 0.194101% 0.000000% 0.000000% 0.194101% 30 Days 0.707881% 0.000000% 0.000000% 0.000000% 0.707881% 0.622423% 0.000000% 0.000000% 0.000000% 0.622423% 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 0.707881% 0.330345% 0.000000% 0.000000% 1.038226% 0.622423% 0.194101% 0.000000% 0.000000% 0.816525% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GRP II SUB GRP I No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 120 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total GRP II SUB GRP II No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 741,048.67 0.00 0.00 0.00 741,048.67 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 3 0 0 0 3 741,048.67 0.00 0.00 0.00 741,048.67 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.763359% 0.000000% 0.000000% 0.000000% 0.763359% 0.603777% 0.000000% 0.000000% 0.000000% 0.603777% 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 0.763359% 0.000000% 0.000000% 0.000000% 0.763359% 0.603777% 0.000000% 0.000000% 0.000000% 0.603777%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 18,894.44
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 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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. GRP I SUBGRP I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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. GRP I SUB GRP II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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. GRP II SUB GRP I 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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. GRP II SUB GRP II 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current REO Total Feb-05 0.000% Loans in REO 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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 1 Oct-04 0.000% Original Principal Balance 133,400.00 Nov-04 0.000% Current Principal Balance 133,133.74 Dec-04 0.000% Jan-05 0.000% Current Foreclosure Total Feb-05 0.000% Loans in Foreclosure 1 Mar-05 0.000% Original Principal Balance 133,400.00 Apr-05 0.000% Current Principal Balance 133,133.74 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.235% Sep-05 0.025% *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. GRP I SUBGRP I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Oct-04 0.000% Original Principal Balance 133,400.00 Nov-04 0.000% Current Principal Balance 133,133.74 Dec-04 0.000% Jan-05 0.000% Current Foreclosure Total Feb-05 0.000% Loans in Foreclosure 1 Mar-05 0.000% Original Principal Balance 133,400.00 Apr-05 0.000% Current Principal Balance 133,133.74 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.192% Sep-05 0.172% *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. GRP I SUB GRP II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current Foreclosure Total Feb-05 0.000% Loans in Foreclosure 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.209% Sep-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. GRP II SUB GRP I 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current Foreclosure Total Feb-05 0.000% Loans in Foreclosure 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-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. GRP II SUB GRP II 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Oct-04 0.000% Original Principal Balance 0.00 Nov-04 0.000% Current Principal Balance 0.00 Dec-04 0.000% Jan-05 0.000% Current Foreclosure Total Feb-05 0.000% Loans in Foreclosure 0 Mar-05 0.000% Original Principal Balance 0.00 Apr-05 0.000% Current Principal Balance 0.00 May-05 0.000% Jun-05 0.000% Jul-05 0.000% Aug-05 0.385% Sep-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 GRP I SUBGRP I 0142561299 Sep-2005 01-Apr-2005 CA 54.90 133,400.00
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 GRP I SUBGRP I 0142561299 133,133.74 01-May-2005 2 6.000% 1,217.31
COLLATERAL STATEMENT Collateral Description Mixed Fixed & Arm Weighted Average Gross Coupon 6.622345% Weighted Average Net Coupon 6.122345% Weighted Average Pass-Through Rate 6.099845% Weighted Average Maturity(Stepdown Calculation) 345 Beginning Scheduled Collateral Loan Count 3,393 Number Of Loans Paid In Full 179 Ending Scheduled Collateral Loan Count 3,214 Beginning Scheduled Collateral Balance 558,569,865.43 Ending Scheduled Collateral Balance 527,924,005.24 Ending Actual Collateral Balance at 31-Aug-2005 528,381,947.89 Monthly P&I Constant 3,629,253.92 Special Servicing Fee 0.00 Prepayment Penalties 221,973.53 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 546,718.50 Unscheduled Principal 30,099,141.69 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized reduction Amount 0.00 Specified O/C Amount 9,667,788.63 Overcollateralized Amount 9,667,788.63 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 0.00 Excess Cash Amount 0.00
Miscellaneous Reporting Required Overcolateralization Amount 9,667,788.63 Overcollateralization Amount 9,667,788.63 Overcollateralization Increase Amount 0.00 Overcollateralization Reduction Amount 0.00 Credit Enhancement Percentage 0.673000%
Group Level Collateral Statement Group GRP I SUBGRP I GRP I SUB GRP II GRP II SUB GRP I Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 6.690377 6.793026 6.437218 Weighted Average Net Rate 6.190377 6.293026 5.937218 Weighted Average Maturity 308 355 310 Beginning Loan Count 544 2,256 177 Loans Paid In Full 14 137 5 Ending Loan Count 530 2,119 172 Beginning Scheduled Balance 79,633,551.29 315,456,334.57 33,133,657.46 Ending Scheduled Balance 77,518,869.43 295,492,146.46 32,284,009.33 Record Date 08/31/2005 08/31/2005 08/31/2005 Principal And Interest Constant 539,724.18 2,069,080.28 214,642.07 Scheduled Principal 95,742.11 283,327.58 36,901.58 Unscheduled Principal 2,018,939.75 19,680,860.53 812,746.55 Scheduled Interest 443,982.07 1,785,752.70 177,740.49 Servicing Fees 33,180.65 131,440.14 13,805.69 Master Servicing Fees 497.71 1,971.60 207.09 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 995.42 3,943.20 414.17 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 409,308.29 1,648,397.76 163,313.54 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 6.167877 6.270526 5.914718
Group Level Collateral Statement Group GRP II SUB GRP II Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.214768 6.622345 Weighted Average Net Rate 5.714768 6.122345 Weighted Average Maturity 354 345 Beginning Loan Count 416 3,393 Loans Paid In Full 23 179 Ending Loan Count 393 3,214 Beginning Scheduled Balance 130,346,322.11 558,569,865.43 Ending scheduled Balance 122,628,980.02 527,924,005.24 Record Date 08/31/2005 08/31/2005 Principal And Interest Constant 805,807.39 3,629,253.92 Scheduled Principal 130,747.23 546,718.50 Unscheduled Principal 7,586,594.86 30,099,141.69 Scheduled Interest 675,060.16 3,082,535.42 Servicing Fees 54,310.97 232,737.45 Master Servicing Fees 814.66 3,491.06 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 1,629.33 6,982.12 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 618,305.20 2,839,324.79 Realized Loss Amount 0.00 0.00 Cumulative Realized Loss 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 Prepayment Penalties 0.00 0.00 Special Servicing Fee 0.00 0.00 Pass-Through Rate 5.692268 6.099845
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 GRP I SUBGRP I 14 2,024,060.00 2,011,871.90 0 0.00 0.00 GRP I SUB GRP II 137 19,767,752.00 19,678,770.58 0 0.00 0.00 GRP II SUB GRP I 5 817,700.00 811,106.56 0 0.00 0.00 GRP II SUB GRP II 23 7,637,220.00 7,591,795.66 0 0.00 0.00 Total 179 30,246,732.00 30,093,544.70 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 GRP I SUBGRP I 0 0.00 0.00 0 0.00 0.00 9,309.55 GRP I SUB GRP II 0 0.00 0.00 0 0.00 0.00 18,160.40 GRP II SUB GRP I 0 0.00 0.00 0 0.00 0.00 2,402.17 GRP II SUB GRP II 0 0.00 0.00 0 0.00 0.00 2,021.87 Total 0 0.00 0.00 0 0.00 0.00 31,893.99
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount GRP I SUBGRP I 0139831069 VA 80.00 01-Oct-2004 224,000.00 221,223.39 GRP I SUBGRP I 0139969505 LA 70.00 01-Nov-2004 21,000.00 20,387.97 GRP I SUBGRP I 0141961847 MI 75.00 01-Feb-2005 120,000.00 119,289.01 GRP I SUBGRP I 0142166982 MI 89.78 01-Mar-2005 123,000.00 122,465.50 GRP I SUBGRP I 0142276864 CA 60.00 01-Mar-2005 300,000.00 297,872.27 GRP I SUBGRP I 0142655752 NC 95.00 01-May-2005 83,600.00 82,381.61 GRP I SUBGRP I 0142908078 DE 80.00 01-Apr-2005 186,400.00 185,401.54 GRP I SUBGRP I 0143042711 FL 95.00 01-Apr-2005 152,000.00 151,259.79 GRP I SUBGRP I 0143278554 NC 70.00 01-May-2005 128,100.00 127,525.67 GRP I SUBGRP I 0143329027 TX 80.00 01-May-2005 108,000.00 107,613.89 GRP I SUBGRP I 0143350809 IN 80.00 01-May-2005 152,960.00 152,267.77 GRP I SUBGRP I 0143359131 GA 64.36 01-May-2005 65,000.00 64,789.90 GRP I SUBGRP I 0143492692 NY 79.69 01-May-2005 255,000.00 253,834.84 GRP I SUBGRP I 0143606291 ID 81.40 01-May-2005 105,000.00 103,317.05 GRP I SUB GRP II 0136738135 KS 84.46 01-May-2004 125,000.00 123,170.93 GRP I SUB GRP II 0136773397 WI 75.00 01-Jul-2004 22,425.00 21,957.19 GRP I SUB GRP II 0137507489 NY 80.00 01-Jul-2004 92,000.00 91,142.91 GRP I SUB GRP II 0138790373 WI 85.00 01-Jan-2005 124,780.00 124,238.63 GRP I SUB GRP II 0138865472 CA 90.00 01-Oct-2004 225,000.00 222,692.24 GRP I SUB GRP II 0139603989 LA 70.00 01-Oct-2004 84,700.00 83,797.22 GRP I SUB GRP II 0139775407 NY 38.86 01-Sep-2004 157,000.00 154,902.12 GRP I SUB GRP II 0139775688 NY 52.63 01-Oct-2004 100,000.00 99,281.23 GRP I SUB GRP II 0140581299 MN 83.92 01-Dec-2004 250,917.00 248,301.67 GRP I SUB GRP II 0140766239 CO 73.91 01-Jan-2005 136,000.00 135,113.36 GRP I SUB GRP II 0140944315 IL 57.83 01-Jan-2005 133,000.00 131,920.24 GRP I SUB GRP II 0140970047 MA 77.87 01-Jan-2005 237,500.00 235,534.66 GRP I SUB GRP II 0141241521 MN 63.56 01-Jan-2005 143,000.00 141,996.24 GRP I SUB GRP II 0141278143 CA 80.00 01-Jan-2005 184,000.00 182,278.17 GRP I SUB GRP II 0141473777 NJ 89.71 01-Mar-2005 305,000.00 303,385.54 GRP I SUB GRP II 0141488171 IA 80.00 01-Feb-2005 107,920.00 107,105.25 GRP I SUB GRP II 0141589531 TN 95.00 01-Feb-2005 97,185.00 96,687.26 GRP I SUB GRP II 0141602342 NJ 80.00 01-Jan-2005 101,600.00 101,120.46 GRP I SUB GRP II 0141734046 NJ 75.00 01-Feb-2005 225,000.00 223,732.38 GRP I SUB GRP II 0141781641 TN 70.89 01-Jan-2005 56,000.00 55,579.06 GRP I SUB GRP II 0141793547 MI 75.00 01-Feb-2005 100,500.00 100,133.72 GRP I SUB GRP II 0141892364 HI 90.00 01-Feb-2005 265,500.00 263,799.31 GRP I SUB GRP II 0141909341 MD 58.98 01-May-2005 121,500.00 121,196.41 GRP I SUB GRP II 0141939116 NY 80.00 01-Jan-2005 274,400.00 272,118.51 GRP I SUB GRP II 0142013804 MO 86.67 01-Feb-2005 169,000.00 167,801.28 GRP I SUB GRP II 0142128727 IN 95.00 01-May-2005 80,750.00 80,389.78 GRP I SUB GRP II 0142168566 GA 80.00 01-Mar-2005 224,000.00 222,377.65 GRP I SUB GRP II 0142187384 AL 75.00 01-Mar-2005 84,000.00 83,433.31 GRP I SUB GRP II 0142235159 GA 90.00 01-Jan-2005 135,000.00 133,825.34 GRP I SUB GRP II 0142255504 WI 75.00 01-Mar-2005 73,500.00 73,252.43 GRP I SUB GRP II 0142269802 MS 85.00 01-Mar-2005 49,215.00 49,079.73 GRP I SUB GRP II 0142311059 NJ 80.00 01-Feb-2005 120,000.00 119,289.55 GRP I SUB GRP II 0142317767 MS 80.00 01-Mar-2005 146,320.00 145,318.40 GRP I SUB GRP II 0142320449 CT 67.38 01-Mar-2005 190,000.00 188,917.25 GRP I SUB GRP II 0142370014 NC 80.00 01-Mar-2005 117,428.00 116,708.19 GRP I SUB GRP II 0142434711 MN 83.70 01-Mar-2005 96,250.00 95,704.18 GRP I SUB GRP II 0142467729 MD 78.81 01-Mar-2005 264,000.00 262,218.94 GRP I SUB GRP II 0142470335 IA 81.73 01-Mar-2005 42,500.00 42,306.31 GRP I SUB GRP II 0142480417 MI 95.00 01-Apr-2005 159,600.00 158,886.48 GRP I SUB GRP II 0142488105 OH 78.55 01-Mar-2005 43,200.00 42,926.10 GRP I SUB GRP II 0142498013 MA 70.00 01-May-2005 217,000.00 216,184.62 GRP I SUB GRP II 0142532027 VA 73.58 01-Mar-2005 181,000.00 180,361.77 GRP I SUB GRP II 0142539485 TN 85.00 01-Mar-2005 57,035.00 56,881.24 GRP I SUB GRP II 0142542547 WI 100.00 01-Mar-2005 80,500.00 80,148.09 GRP I SUB GRP II 0142555028 MD 85.00 01-Apr-2005 119,000.00 118,514.83 GRP I SUB GRP II 0142561117 WI 60.91 01-Apr-2005 120,000.00 119,619.48 GRP I SUB GRP II 0142568062 VA 90.00 01-Apr-2005 252,000.00 250,831.63 GRP I SUB GRP II 0142579721 DC 80.00 01-May-2005 164,000.00 163,533.44 GRP I SUB GRP II 0142581156 GA 95.00 01-Mar-2005 143,450.00 142,709.22 GRP I SUB GRP II 0142582626 NJ 67.80 01-May-2005 278,000.00 277,101.37 GRP I SUB GRP II 0142588839 WI 90.00 01-Mar-2005 127,620.00 126,809.17 GRP I SUB GRP II 0142607316 NJ 83.72 01-Apr-2005 180,000.00 179,029.19 GRP I SUB GRP II 0142609585 FL 71.52 01-Apr-2005 113,000.00 112,426.13 GRP I SUB GRP II 0142612324 IL 72.21 01-Apr-2005 75,100.00 74,843.97 GRP I SUB GRP II 0142627348 MO 70.63 01-Mar-2005 56,500.00 56,200.90 GRP I SUB GRP II 0142635671 NJ 85.00 01-May-2005 136,850.00 136,309.73 GRP I SUB GRP II 0142644582 WY 80.00 01-Apr-2005 40,432.00 40,163.40 GRP I SUB GRP II 0142650167 NJ 90.00 01-Apr-2005 153,000.00 152,334.94 GRP I SUB GRP II 0142650845 MO 64.71 01-May-2005 110,000.00 109,471.80 GRP I SUB GRP II 0142654466 MD 80.00 01-May-2005 171,200.00 170,547.83 GRP I SUB GRP II 0142657774 GA 75.00 01-Apr-2005 92,250.00 92,006.53 GRP I SUB GRP II 0142661537 NJ 76.36 01-Mar-2005 84,000.00 83,573.10 GRP I SUB GRP II 0142677541 CA 84.72 01-Apr-2005 305,000.00 301,276.26 GRP I SUB GRP II 0142679059 WI 89.18 01-Apr-2005 206,900.00 205,864.96 GRP I SUB GRP II 0142679869 SC 89.96 01-May-2005 125,500.00 125,004.54 GRP I SUB GRP II 0142688662 MN 69.39 01-May-2005 170,000.00 169,361.22 GRP I SUB GRP II 0142689967 OH 85.92 01-Apr-2005 61,000.00 60,795.89 GRP I SUB GRP II 0142705102 NC 74.29 01-Apr-2005 78,000.00 77,777.39 GRP I SUB GRP II 0142707074 IL 80.00 01-Mar-2005 168,000.00 167,193.37 GRP I SUB GRP II 0142744192 MD 75.00 01-Apr-2005 191,250.00 190,119.03 GRP I SUB GRP II 0142745009 AZ 80.00 01-May-2005 144,720.00 144,251.92 GRP I SUB GRP II 0142774082 UT 78.00 01-Mar-2005 195,000.00 194,275.77 GRP I SUB GRP II 0142792613 NC 75.00 01-May-2005 97,500.00 97,144.60 GRP I SUB GRP II 0142797752 OH 62.96 01-May-2005 51,000.00 50,822.18 GRP I SUB GRP II 0142849173 GA 80.00 01-Apr-2005 164,800.00 164,174.58 GRP I SUB GRP II 0142872951 GA 90.00 01-Apr-2005 155,700.00 155,062.64 GRP I SUB GRP II 0142874874 DE 45.98 01-May-2005 160,000.00 159,136.64 GRP I SUB GRP II 0142875392 MD 80.00 01-May-2005 164,000.00 163,094.17 GRP I SUB GRP II 0142880426 MA 65.10 01-May-2005 319,000.00 317,771.30 GRP I SUB GRP II 0142889518 MI 82.76 01-Mar-2005 120,000.00 119,253.76 GRP I SUB GRP II 0142901727 MI 90.00 01-Mar-2005 207,000.00 205,784.48 GRP I SUB GRP II 0142919414 SD 55.56 01-May-2005 25,000.00 24,928.84 GRP I SUB GRP II 0142926575 CA 90.00 01-Apr-2005 319,500.00 317,989.26 GRP I SUB GRP II 0142929777 HI 95.00 01-May-2005 281,200.00 279,815.76 GRP I SUB GRP II 0142932276 CA 68.13 01-May-2005 218,000.00 217,312.93 GRP I SUB GRP II 0142940071 AL 85.00 01-Apr-2005 65,450.00 65,230.10 GRP I SUB GRP II 0142992577 CA 74.63 01-May-2005 306,000.00 304,387.17 GRP I SUB GRP II 0143010981 CA 90.00 01-Apr-2005 184,500.00 183,743.23 GRP I SUB GRP II 0143018513 FL 90.00 01-Apr-2005 158,400.00 157,601.75 GRP I SUB GRP II 0143042943 CA 62.50 01-Apr-2005 125,000.00 124,357.72 GRP I SUB GRP II 0143046167 AZ 90.00 01-May-2005 229,500.00 228,699.83 GRP I SUB GRP II 0143057628 WI 90.00 01-Apr-2005 162,000.00 161,214.92 GRP I SUB GRP II 0143061158 MD 79.52 01-May-2005 132,000.00 131,330.04 GRP I SUB GRP II 0143082261 MA 78.57 01-May-2005 275,000.00 273,445.33 GRP I SUB GRP II 0143097558 MS 80.00 01-May-2005 160,000.00 159,041.03 GRP I SUB GRP II 0143098515 MO 75.00 01-May-2005 93,750.00 93,446.92 GRP I SUB GRP II 0143100063 OK 90.00 01-Apr-2005 88,200.00 87,801.05 GRP I SUB GRP II 0143103133 MA 78.08 01-May-2005 203,000.00 202,343.78 GRP I SUB GRP II 0143103935 FL 62.86 01-May-2005 92,400.00 91,977.76 GRP I SUB GRP II 0143108579 OH 85.00 01-Apr-2005 129,200.00 127,692.08 GRP I SUB GRP II 0143109239 FL 85.00 01-May-2005 208,250.00 207,729.65 GRP I SUB GRP II 0143109858 PA 80.00 01-May-2005 44,000.00 43,868.23 GRP I SUB GRP II 0143113017 IL 100.00 01-May-2005 60,000.00 59,790.78 GRP I SUB GRP II 0143114098 WI 77.89 01-May-2005 74,000.00 73,714.98 GRP I SUB GRP II 0143116135 MO 80.00 01-May-2005 60,000.00 59,837.91 GRP I SUB GRP II 0143116481 IN 85.00 01-May-2005 80,750.00 80,472.34 GRP I SUB GRP II 0143135853 OH 100.00 01-May-2005 89,500.00 89,210.67 GRP I SUB GRP II 0143138139 MD 90.00 01-May-2005 211,500.00 210,788.12 GRP I SUB GRP II 0143154953 PA 95.00 01-May-2005 95,000.00 94,660.34 GRP I SUB GRP II 0143157311 CA 85.00 01-May-2005 199,750.00 198,721.70 GRP I SUB GRP II 0143162683 TN 85.00 01-May-2005 104,550.00 104,288.74 GRP I SUB GRP II 0143168136 MI 90.00 01-May-2005 45,000.00 44,843.06 GRP I SUB GRP II 0143181451 LA 65.22 01-May-2005 60,000.00 59,826.93 GRP I SUB GRP II 0143185809 WA 80.00 01-May-2005 98,400.00 97,798.41 GRP I SUB GRP II 0143190007 MD 80.00 01-May-2005 196,800.00 196,060.51 GRP I SUB GRP II 0143209641 MD 90.00 01-May-2005 145,800.00 145,189.45 GRP I SUB GRP II 0143217545 MO 82.84 01-May-2005 160,700.00 159,885.47 GRP I SUB GRP II 0143222487 KY 90.00 01-May-2005 66,600.00 66,379.18 GRP I SUB GRP II 0143263895 NJ 66.80 01-May-2005 167,000.00 166,098.90 GRP I SUB GRP II 0143269546 MD 80.00 01-May-2005 184,000.00 183,052.77 GRP I SUB GRP II 0143290369 TX 80.00 01-May-2005 112,800.00 112,479.09 GRP I SUB GRP II 0143293397 MD 75.00 01-May-2005 112,500.00 112,163.06 GRP I SUB GRP II 0143294841 VA 80.00 01-May-2005 172,000.00 171,093.44 GRP I SUB GRP II 0143313732 PA 100.00 01-May-2005 87,000.00 86,684.23 GRP I SUB GRP II 0143346567 MN 80.00 01-May-2005 153,600.00 153,151.61 GRP I SUB GRP II 0143365997 PA 92.86 01-May-2005 325,000.00 323,619.06 GRP I SUB GRP II 0143383545 IL 88.60 01-May-2005 101,000.00 100,610.94 GRP I SUB GRP II 0143407344 MD 85.00 01-May-2005 200,600.00 199,808.02 GRP I SUB GRP II 0143414381 MN 80.00 01-May-2005 165,600.00 165,139.96 GRP I SUB GRP II 0143418697 NY 64.52 01-Apr-2005 260,000.00 258,232.24 GRP I SUB GRP II 0143434777 PA 85.00 01-May-2005 136,000.00 135,378.54 GRP I SUB GRP II 0143472678 PA 95.00 01-May-2005 80,750.00 80,468.44 GRP I SUB GRP II 0143489938 PA 95.00 01-May-2005 62,605.00 62,417.49 GRP I SUB GRP II 0143517555 PA 68.00 01-May-2005 85,000.00 84,508.20 GRP I SUB GRP II 0143530376 WI 80.00 01-May-2005 136,000.00 135,378.59 GRP I SUB GRP II 0143602175 MI 80.00 01-May-2005 109,600.00 109,156.52 GRP I SUB GRP II 0143635704 CT 85.20 01-May-2005 167,000.00 166,446.35 GRP II SUB GRP I 0139622815 NY 80.00 01-Jan-2005 464,000.00 460,386.65 GRP II SUB GRP I 0140920562 CA 80.00 01-Dec-2004 216,000.00 213,900.62 GRP II SUB GRP I 0142278811 AL 80.00 01-Mar-2005 54,400.00 53,361.70 GRP II SUB GRP I 0142485994 SC 85.00 01-May-2005 40,800.00 40,729.80 GRP II SUB GRP I 0143043958 SC 85.00 01-May-2005 42,500.00 41,965.61 GRP II SUB GRP II 0137805289 CA 80.00 01-Jan-2005 345,944.00 342,547.38 GRP II SUB GRP II 0138445341 TX 80.00 01-Aug-2004 360,000.00 354,321.37 GRP II SUB GRP II 0139773246 CA 80.00 01-Nov-2004 228,800.00 225,781.23 GRP II SUB GRP II 0140993163 CA 70.00 01-Jan-2005 700,000.00 693,294.93 GRP II SUB GRP II 0141314005 UT 80.00 01-Jan-2005 200,000.00 198,039.14 GRP II SUB GRP II 0141612549 AZ 80.00 01-Feb-2005 162,400.00 160,927.70 GRP II SUB GRP II 0141818138 WV 80.00 01-Feb-2005 158,400.00 157,287.24 GRP II SUB GRP II 0141836684 CA 80.00 01-Mar-2005 316,703.00 314,036.70 GRP II SUB GRP II 0142177161 GA 80.00 01-Mar-2005 271,252.00 269,095.48 GRP II SUB GRP II 0142469097 MD 80.00 01-Mar-2005 400,000.00 397,301.37 GRP II SUB GRP II 0142536572 NJ 95.00 01-Mar-2005 342,000.00 340,361.23 GRP II SUB GRP II 0142587229 MD 90.00 01-Apr-2005 463,500.00 461,578.16 GRP II SUB GRP II 0142622364 MD 80.00 01-Apr-2005 280,000.00 278,006.39 GRP II SUB GRP II 0142687326 CA 83.98 01-Apr-2005 524,071.00 520,815.44 GRP II SUB GRP II 0142843887 CA 73.39 01-Apr-2005 400,000.00 398,278.51 GRP II SUB GRP II 0142960715 DE 85.00 01-May-2005 191,250.00 190,759.40 GRP II SUB GRP II 0143019404 FL 85.00 01-Apr-2005 544,000.00 540,771.98 GRP II SUB GRP II 0143055333 OR 75.00 01-May-2005 525,000.00 522,594.82 GRP II SUB GRP II 0143110229 CA 85.00 01-May-2005 267,750.00 266,628.84 GRP II SUB GRP II 0143170017 FL 100.00 01-May-2005 317,100.00 315,794.87 GRP II SUB GRP II 0143180495 NC 90.00 01-May-2005 208,341.00 207,458.54 GRP II SUB GRP II 0143351658 CA 90.00 01-May-2005 269,209.00 268,036.95 GRP II SUB GRP II 0143528271 MO 95.00 01-Apr-2005 161,500.00 160,855.32
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning GRP I SUBGRP I 0139831069 Loan Paid in Full 0 5.950% 360 11 GRP I SUBGRP I 0139969505 Loan Paid in Full 0 9.500% 180 10 GRP I SUBGRP I 0141961847 Loan Paid in Full 0 7.625% 360 7 GRP I SUBGRP I 0142166982 Loan Paid in Full 1 8.500% 360 6 GRP I SUBGRP I 0142276864 Loan Paid in Full 0 5.990% 360 6 GRP I SUBGRP I 0142655752 Loan Paid in Full 0 8.375% 180 4 GRP I SUBGRP I 0142908078 Loan Paid in Full 0 6.975% 360 5 GRP I SUBGRP I 0143042711 Loan Paid in Full 0 7.125% 360 5 GRP I SUBGRP I 0143278554 Loan Paid in Full 0 6.950% 360 4 GRP I SUBGRP I 0143329027 Loan Paid in Full 0 7.750% 360 4 GRP I SUBGRP I 0143350809 Loan Paid in Full 2 6.550% 360 4 GRP I SUBGRP I 0143359131 Loan Paid in Full 1 8.250% 360 4 GRP I SUBGRP I 0143492692 Loan Paid in Full 0 6.500% 360 4 GRP I SUBGRP I 0143606291 Loan Paid in Full 0 6.950% 180 4 GRP I SUB GRP II 0136738135 Loan Paid in Full 0 6.990% 360 16 GRP I SUB GRP II 0136773397 Loan Paid in Full 0 6.750% 360 14 GRP I SUB GRP II 0137507489 Loan Paid in Full 0 8.625% 360 14 GRP I SUB GRP II 0138790373 Loan Paid in Full 0 9.750% 360 8 GRP I SUB GRP II 0138865472 Loan Paid in Full 0 6.950% 360 11 GRP I SUB GRP II 0139603989 Loan Paid in Full 0 6.750% 360 11 GRP I SUB GRP II 0139775407 Loan Paid in Full 0 5.990% 360 12 GRP I SUB GRP II 0139775688 Loan Paid in Full 0 8.750% 360 11 GRP I SUB GRP II 0140581299 Loan Paid in Full 1 5.875% 360 9 GRP I SUB GRP II 0140766239 Loan Paid in Full 0 7.750% 360 8 GRP I SUB GRP II 0140944315 Loan Paid in Full 1 6.625% 360 8 GRP I SUB GRP II 0140970047 Loan Paid in Full 0 6.525% 360 8 GRP I SUB GRP II 0141241521 Loan Paid in Full 0 7.375% 360 8 GRP I SUB GRP II 0141278143 Loan Paid in Full 0 5.875% 360 8 GRP I SUB GRP II 0141473777 Loan Paid in Full (1) 7.500% 360 6 GRP I SUB GRP II 0141488171 Loan Paid in Full (1) 6.375% 360 7 GRP I SUB GRP II 0141589531 Loan Paid in Full 1 8.350% 360 7 GRP I SUB GRP II 0141602342 Loan Paid in Full 0 9.500% 360 8 GRP I SUB GRP II 0141734046 Loan Paid in Full 1 7.875% 360 7 GRP I SUB GRP II 0141781641 Loan Paid in Full 0 7.080% 360 8 GRP I SUB GRP II 0141793547 Loan Paid in Full 0 10.000% 360 7 GRP I SUB GRP II 0141892364 Loan Paid in Full 0 7.225% 360 7 GRP I SUB GRP II 0141909341 Loan Paid in Full 0 9.500% 360 4 GRP I SUB GRP II 0141939116 Loan Paid in Full 1 6.500% 360 8 GRP I SUB GRP II 0142013804 Loan Paid in Full 0 6.700% 360 7 GRP I SUB GRP II 0142128727 Loan Paid in Full 0 6.625% 360 4 GRP I SUB GRP II 0142168566 Loan Paid in Full 1 5.875% 360 6 GRP I SUB GRP II 0142187384 Loan Paid in Full 1 6.250% 360 6 GRP I SUB GRP II 0142235159 Loan Paid in Full 0 7.050% 360 8 GRP I SUB GRP II 0142255504 Loan Paid in Full 0 9.750% 360 6 GRP I SUB GRP II 0142269802 Loan Paid in Full 1 10.680% 360 6 GRP I SUB GRP II 0142311059 Loan Paid in Full 0 7.625% 360 7 GRP I SUB GRP II 0142317767 Loan Paid in Full 0 6.375% 360 6 GRP I SUB GRP II 0142320449 Loan Paid in Full 0 7.125% 360 6 GRP I SUB GRP II 0142370014 Loan Paid in Full 0 6.750% 360 6 GRP I SUB GRP II 0142434711 Loan Paid in Full 0 7.150% 360 6 GRP I SUB GRP II 0142467729 Loan Paid in Full 0 6.250% 360 6 GRP I SUB GRP II 0142470335 Loan Paid in Full 1 8.250% 360 6 GRP I SUB GRP II 0142480417 Loan Paid in Full (1) 8.125% 360 5 GRP I SUB GRP II 0142488105 Loan Paid in Full 0 6.575% 360 6 GRP I SUB GRP II 0142498013 Loan Paid in Full 0 7.500% 360 4 GRP I SUB GRP II 0142532027 Loan Paid in Full 2 9.500% 360 6 GRP I SUB GRP II 0142539485 Loan Paid in Full 0 10.770% 360 6 GRP I SUB GRP II 0142542547 Loan Paid in Full 0 8.500% 360 6 GRP I SUB GRP II 0142555028 Loan Paid in Full 0 8.025% 360 5 GRP I SUB GRP II 0142561117 Loan Paid in Full 0 9.250% 360 5 GRP I SUB GRP II 0142568062 Loan Paid in Full 0 7.375% 360 5 GRP I SUB GRP II 0142579721 Loan Paid in Full 1 8.875% 360 4 GRP I SUB GRP II 0142581156 Loan Paid in Full 0 7.625% 360 6 GRP I SUB GRP II 0142582626 Loan Paid in Full 0 8.250% 360 4 GRP I SUB GRP II 0142588839 Loan Paid in Full (1) 7.250% 360 6 GRP I SUB GRP II 0142607316 Loan Paid in Full 0 6.600% 360 5 GRP I SUB GRP II 0142609585 Loan Paid in Full 2 6.910% 360 5 GRP I SUB GRP II 0142612324 Loan Paid in Full 0 8.900% 360 5 GRP I SUB GRP II 0142627348 Loan Paid in Full 0 7.500% 360 6 GRP I SUB GRP II 0142635671 Loan Paid in Full 0 7.250% 360 4 GRP I SUB GRP II 0142644582 Loan Paid in Full 0 5.500% 360 5 GRP I SUB GRP II 0142650167 Loan Paid in Full 0 7.700% 360 5 GRP I SUB GRP II 0142650845 Loan Paid in Full 0 6.500% 360 4 GRP I SUB GRP II 0142654466 Loan Paid in Full 0 7.950% 360 4 GRP I SUB GRP II 0142657774 Loan Paid in Full 2 10.125% 360 5 GRP I SUB GRP II 0142661537 Loan Paid in Full 0 9.000% 360 6 GRP I SUB GRP II 0142677541 Loan Paid in Full 1 6.490% 360 5 GRP I SUB GRP II 0142679059 Loan Paid in Full 0 7.380% 360 5 GRP I SUB GRP II 0142679869 Loan Paid in Full 2 7.250% 360 4 GRP I SUB GRP II 0142688662 Loan Paid in Full 0 7.500% 360 4 GRP I SUB GRP II 0142689967 Loan Paid in Full 1 8.990% 360 5 GRP I SUB GRP II 0142705102 Loan Paid in Full 1 9.755% 360 5 GRP I SUB GRP II 0142707074 Loan Paid in Full 0 7.990% 360 6 GRP I SUB GRP II 0142744192 Loan Paid in Full 0 6.125% 360 5 GRP I SUB GRP II 0142745009 Loan Paid in Full 0 8.250% 360 4 GRP I SUB GRP II 0142774082 Loan Paid in Full 0 9.250% 360 6 GRP I SUB GRP II 0142792613 Loan Paid in Full 1 7.950% 360 4 GRP I SUB GRP II 0142797752 Loan Paid in Full 1 7.875% 360 4 GRP I SUB GRP II 0142849173 Loan Paid in Full 2 8.375% 360 5 GRP I SUB GRP II 0142872951 Loan Paid in Full 1 8.000% 360 5 GRP I SUB GRP II 0142874874 Loan Paid in Full 0 5.625% 360 4 GRP I SUB GRP II 0142875392 Loan Paid in Full 0 5.500% 360 4 GRP I SUB GRP II 0142880426 Loan Paid in Full 1 7.375% 360 4 GRP I SUB GRP II 0142889518 Loan Paid in Full 0 6.675% 360 6 GRP I SUB GRP II 0142901727 Loan Paid in Full 0 7.275% 360 6 GRP I SUB GRP II 0142919414 Loan Paid in Full 0 8.875% 360 4 GRP I SUB GRP II 0142926575 Loan Paid in Full 0 7.275% 360 5 GRP I SUB GRP II 0142929777 Loan Paid in Full 0 6.375% 360 4 GRP I SUB GRP II 0142932276 Loan Paid in Full 0 8.375% 360 4 GRP I SUB GRP II 0142940071 Loan Paid in Full 0 8.970% 360 5 GRP I SUB GRP II 0142992577 Loan Paid in Full 0 5.750% 360 4 GRP I SUB GRP II 0143010981 Loan Paid in Full 0 7.990% 360 5 GRP I SUB GRP II 0143018513 Loan Paid in Full 0 6.950% 360 5 GRP I SUB GRP II 0143042943 Loan Paid in Full 0 6.850% 360 5 GRP I SUB GRP II 0143046167 Loan Paid in Full 0 7.875% 360 4 GRP I SUB GRP II 0143057628 Loan Paid in Full 0 7.150% 360 5 GRP I SUB GRP II 0143061158 Loan Paid in Full 0 5.950% 360 4 GRP I SUB GRP II 0143082261 Loan Paid in Full (1) 5.375% 360 4 GRP I SUB GRP II 0143097558 Loan Paid in Full 0 5.250% 360 4 GRP I SUB GRP II 0143098515 Loan Paid in Full 0 8.250% 360 4 GRP I SUB GRP II 0143100063 Loan Paid in Full 0 7.500% 360 5 GRP I SUB GRP II 0143103133 Loan Paid in Full 0 8.250% 360 4 GRP I SUB GRP II 0143103935 Loan Paid in Full 0 6.500% 360 4 GRP I SUB GRP II 0143108579 Loan Paid in Full 0 5.625% 360 5 GRP I SUB GRP II 0143109239 Loan Paid in Full 0 9.500% 360 4 GRP I SUB GRP II 0143109858 Loan Paid in Full 0 8.625% 360 4 GRP I SUB GRP II 0143113017 Loan Paid in Full 0 7.875% 360 4 GRP I SUB GRP II 0143114098 Loan Paid in Full 2 7.375% 360 4 GRP I SUB GRP II 0143116135 Loan Paid in Full 0 9.125% 360 4 GRP I SUB GRP II 0143116481 Loan Paid in Full 1 7.950% 360 4 GRP I SUB GRP II 0143135853 Loan Paid in Full 2 8.250% 360 4 GRP I SUB GRP II 0143138139 Loan Paid in Full 0 8.050% 360 4 GRP I SUB GRP II 0143154953 Loan Paid in Full 0 7.750% 360 4 GRP I SUB GRP II 0143157311 Loan Paid in Full 0 5.875% 360 4 GRP I SUB GRP II 0143162683 Loan Paid in Full 2 9.500% 360 4 GRP I SUB GRP II 0143168136 Loan Paid in Full 1 7.875% 360 4 GRP I SUB GRP II 0143181451 Loan Paid in Full 0 8.875% 360 4 GRP I SUB GRP II 0143185809 Loan Paid in Full 1 4.950% 360 4 GRP I SUB GRP II 0143190007 Loan Paid in Full 0 7.500% 360 4 GRP I SUB GRP II 0143209641 Loan Paid in Full 0 6.950% 360 4 GRP I SUB GRP II 0143217545 Loan Paid in Full 1 6.125% 360 4 GRP I SUB GRP II 0143222487 Loan Paid in Full 1 8.125% 360 4 GRP I SUB GRP II 0143263895 Loan Paid in Full 0 5.625% 360 4 GRP I SUB GRP II 0143269546 Loan Paid in Full 0 5.875% 360 4 GRP I SUB GRP II 0143290369 Loan Paid in Full 0 8.875% 360 4 GRP I SUB GRP II 0143293397 Loan Paid in Full 2 8.625% 360 4 GRP I SUB GRP II 0143294841 Loan Paid in Full 0 5.750% 360 4 GRP I SUB GRP II 0143313732 Loan Paid in Full (1) 7.750% 360 4 GRP I SUB GRP II 0143346567 Loan Paid in Full 0 8.750% 360 4 GRP I SUB GRP II 0143365997 Loan Paid in Full 0 6.875% 360 4 GRP I SUB GRP II 0143383545 Loan Paid in Full 0 7.375% 360 4 GRP I SUB GRP II 0143407344 Loan Paid in Full 0 7.250% 360 4 GRP I SUB GRP II 0143414381 Loan Paid in Full 0 8.990% 360 4 GRP I SUB GRP II 0143418697 Loan Paid in Full 0 5.375% 360 5 GRP I SUB GRP II 0143434777 Loan Paid in Full 1 6.500% 360 4 GRP I SUB GRP II 0143472678 Loan Paid in Full 2 7.875% 360 4 GRP I SUB GRP II 0143489938 Loan Paid in Full 0 8.625% 360 4 GRP I SUB GRP II 0143517555 Loan Paid in Full 2 5.250% 360 4 GRP I SUB GRP II 0143530376 Loan Paid in Full 0 6.500% 360 4 GRP I SUB GRP II 0143602175 Loan Paid in Full 0 7.125% 360 4 GRP I SUB GRP II 0143635704 Loan Paid in Full 1 8.125% 360 4 GRP II SUB GRP I 0139622815 Loan Paid in Full 0 7.625% 360 8 GRP II SUB GRP I 0140920562 Loan Paid in Full 0 6.250% 360 9 GRP II SUB GRP I 0142278811 Loan Paid in Full 0 8.900% 180 6 GRP II SUB GRP I 0142485994 Loan Paid in Full 0 11.250% 360 4 GRP II SUB GRP I 0143043958 Loan Paid in Full 0 9.500% 360 4 GRP II SUB GRP II 0137805289 Loan Paid in Full 0 5.625% 360 8 GRP II SUB GRP II 0138445341 Loan Paid in Full 1 5.625% 360 13 GRP II SUB GRP II 0139773246 Loan Paid in Full 0 5.125% 360 10 GRP II SUB GRP II 0140993163 Loan Paid in Full 0 5.750% 360 8 GRP II SUB GRP II 0141314005 Loan Paid in Full 0 5.625% 360 8 GRP II SUB GRP II 0141612549 Loan Paid in Full (1) 5.950% 360 7 GRP II SUB GRP II 0141818138 Loan Paid in Full 0 6.750% 360 7 GRP II SUB GRP II 0141836684 Loan Paid in Full 0 5.250% 360 6 GRP II SUB GRP II 0142177161 Loan Paid in Full 0 5.375% 360 6 GRP II SUB GRP II 0142469097 Loan Paid in Full 0 6.250% 360 6 GRP II SUB GRP II 0142536572 Loan Paid in Full 2 8.000% 360 6 GRP II SUB GRP II 0142587229 Loan Paid in Full 0 7.950% 360 5 GRP II SUB GRP II 0142622364 Loan Paid in Full 0 5.125% 360 5 GRP II SUB GRP II 0142687326 Loan Paid in Full 0 5.875% 360 5 GRP II SUB GRP II 0142843887 Loan Paid in Full 0 7.750% 360 5 GRP II SUB GRP II 0142960715 Loan Paid in Full 0 9.375% 360 4 GRP II SUB GRP II 0143019404 Loan Paid in Full 0 6.500% 360 5 GRP II SUB GRP II 0143055333 Loan Paid in Full 0 6.875% 360 4 GRP II SUB GRP II 0143110229 Loan Paid in Full (1) 6.950% 360 4 GRP II SUB GRP II 0143170017 Loan Paid in Full 0 7.500% 360 4 GRP II SUB GRP II 0143180495 Loan Paid in Full 0 7.250% 360 4 GRP II SUB GRP II 0143351658 Loan Paid in Full 0 6.750% 360 4 GRP II SUB GRP II 0143528271 Loan Paid in Full 2 8.125% 360 5
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 5.394% Current Month 48.592% Current Month 4,615.379% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 18.443% N/A Aug-2005 2,152.729% N/A Sep-2005 48.592% N/A Sep-2005 4,615.379% 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. GRP I SUBGRP I SMM CPR PSA Current Month 2.538% Current Month 26.548% Current Month 2,611.718% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 5.486% N/A Aug-2005 669.714% N/A Sep-2005 26.548% N/A Sep-2005 2,611.718% 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. GRP I SUB GRP II SMM CPR PSA Current Month 6.244% Current Month 53.872% Current Month 5,320.141% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 16.157% N/A Aug-2005 1,978.436% N/A Sep-2005 53.872% N/A Sep-2005 5,320.141% 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. GRP II SUB GRP I SMM CPR PSA Current Month 2.456% Current Month 25.796% Current Month 2,282.582% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 8.434% N/A Aug-2005 896.941% N/A Sep-2005 25.796% N/A Sep-2005 2,282.582% 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. GRP II SUB GRP II SMM CPR PSA Current Month 5.826% Current Month 51.341% Current Month 4,455.266% 3 Month Average 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A N/A Aug-2005 32.167% N/A Aug-2005 3,366.211% N/A Sep-2005 51.341% N/A Sep-2005 4,455.266% 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 GRP I SUBGRP I 0 0.00 0.00 0.000% GRP I SUB GRP II 0 0.00 0.00 0.000% GRP II SUB GRP I 0 0.00 0.00 0.000% GRP II SUB GRP II 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. GRP I SUBGRP I 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. GRP I SUB GRP II 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. GRP II SUB GRP I 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. GRP II SUB GRP II 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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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. 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 N/A N/A Jun-2005 N/A N/A Jul-2005 N/A N/A Jul-2005 N/A 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 *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)