-----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, DlXYy9pyRfrmJM8zqWxButE54A1ob2SdfXPrP3GZQEYt1TdxX1qcYFm7Dm0vg26s E2VqAmkFnvAJfZ0f8GSe6g== 0001056404-06-000115.txt : 20060104 0001056404-06-000115.hdr.sgml : 20060104 20060104150631 ACCESSION NUMBER: 0001056404-06-000115 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051227 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060104 DATE AS OF CHANGE: 20060104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2005-AR4 CENTRAL INDEX KEY: 0001334708 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-109614-15 FILM NUMBER: 06506913 BUSINESS ADDRESS: STREET 1: 2 WORLD FIN'L CNTR - BLDG B 21ST FLR CITY: NEW YORK STATE: NY ZIP: 10281 BUSINESS PHONE: 2126679300 MAIL ADDRESS: STREET 1: TWO WORLD FINANCIAL CENTER STREET 2: BUILDING B CITY: NEW YORK STATE: NY ZIP: 10281 8-K 1 nac05ar4_8k-200512.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): December 27, 2005 NOMURA ASSET ACCEPTANCE CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR4 (Exact name of registrant as specified in its charter) New York (governing law of 333-109614-15 Pooling and Servicing Agreement) (Commission 54-2179677 (State or other File Number) 54-2179678 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 December 27, 2005 a distribution was made to holders of NOMURA ASSET ACCEPTANCE CORPORATION, Mortgage Pass-Through Certificates, Series 2005-AR4 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-AR4 Trust, relating to the December 27, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NOMURA ASSET ACCEPTANCE CORPORATION Mortgage Pass-Through Certificates, Series 2005-AR4 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 1/4/2006 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-AR4 Trust, relating to the December 27, 2005 distribution. EX-99.1 Nomura Securities International, Inc. Mortgage Pass-Through Certificates Record Date: 11/30/2005 Distribution Date: 12/27/2005 Nomura Securities International, Inc. Mortgage Pass-Through Certificates Series Nomura 2005-AR4 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660
Certificateholder Distribution Summary Class CUSIP Certificate Beginning Interest Pass-Through Certificate Distribution Rate Balance I-A 65535VMV7 4.84129% 25,738,733.04 103,840.49 II-A 65535VMW5 5.57885% 20,600,791.37 95,773.88 III-A-1 65535VMX3 5.31252% 89,280,093.80 395,251.62 III-A-2 65535VNN4 5.31252% 4,699,495.70 20,805.12 IV-A-1 65535VMY1 5.71225% 89,306,443.17 425,117.39 IV-A-2 65535VMZ8 5.71225% 4,701,058.07 22,378.02 V-A-1 65535VNA2 4.43375% 59,545,042.83 234,673.63 V-A-2 65535VNB0 4.59375% 7,879,000.00 32,172.58 V-A-3 65535VNL8 4.48375% 100,900,277.49 402,143.66 V-A-4 65535VNM6 4.52375% 18,703,006.89 75,206.87 M-1 65535VNC8 4.71375% 22,788,000.00 95,481.72 M-2 65535VND6 4.86375% 7,011,000.00 30,310.89 M-3 65535VNE4 4.99375% 5,258,000.00 23,339.68 M-4 65535VNF1 5.49375% 3,255,000.00 15,895.25 M-5 65535VNG9 6.14375% 4,762,512.45 26,008.61 X 65535VNH7 0.00000% 4,006,681.55 335,185.78 P 65535VNJ3 0.00000% 100.00 55,399.73 Totals 468,435,236.36 2,388,984.92
Certificateholder Distribution Summary (continued) Class Principal Current Ending Total Cummulative Distribution Realized Certificate Distribution Realized Loss Balance Losses I-A 841,361.29 0.00 24,897,371.75 945,201.78 0.00 II-A 748,528.59 0.00 19,852,262.78 844,302.47 0.00 III-A-1 1,484,628.10 0.00 87,795,465.70 1,879,879.72 0.00 III-A-2 78,147.36 0.00 4,621,348.34 98,952.48 0.00 IV-A-1 769,549.80 0.00 88,536,893.36 1,194,667.19 0.00 IV-A-2 40,508.82 0.00 4,660,549.26 62,886.84 0.00 V-A-1 1,958,662.41 0.00 57,586,380.41 2,193,336.04 0.00 V-A-2 0.00 0.00 7,879,000.00 32,172.58 0.00 V-A-3 2,931,144.03 0.00 97,969,133.46 3,333,287.69 0.00 V-A-4 543,320.68 0.00 18,159,686.21 618,527.55 0.00 M-1 0.00 0.00 22,788,000.00 95,481.72 0.00 M-2 0.00 0.00 7,011,000.00 30,310.89 0.00 M-3 0.00 0.00 5,258,000.00 23,339.68 0.00 M-4 0.00 0.00 3,255,000.00 15,895.25 0.00 M-5 0.00 0.00 4,762,512.45 26,008.61 0.00 X 0.00 0.00 4,006,681.55 335,185.78 0.00 P 0.00 0.00 100.00 55,399.73 0.00 Totals 9,395,851.08 0.00 459,039,385.27 11,784,836.00 0.00
Principal Distribution Statement Class Original Beginning Scheduled UnScheduled Accretion Realized Face Certificate Principal Principal Loss Amount Balance Distribution Distribution I-A 29,655,000.00 25,738,733.04 0.00 841,361.29 0.00 0.00 II-A 22,977,000.00 20,600,791.37 0.00 748,528.59 0.00 0.00 III-A-1 95,122,000.00 89,280,093.80 0.00 1,484,628.10 0.00 0.00 III-A-2 5,007,000.00 4,699,495.70 0.00 78,147.36 0.00 0.00 IV-A-1 91,528,000.00 89,306,443.17 0.00 769,549.80 0.00 0.00 IV-A-2 4,818,000.00 4,701,058.07 0.00 40,508.82 0.00 0.00 V-A-1 65,897,000.00 59,545,042.83 0.00 1,958,662.41 0.00 0.00 V-A-2 7,879,000.00 7,879,000.00 0.00 0.00 0.00 0.00 V-A-3 110,406,000.00 100,900,277.49 0.00 2,931,144.03 0.00 0.00 V-A-4 20,465,000.00 18,703,006.89 0.00 543,320.68 0.00 0.00 M-1 22,788,000.00 22,788,000.00 0.00 0.00 0.00 0.00 M-2 7,011,000.00 7,011,000.00 0.00 0.00 0.00 0.00 M-3 5,258,000.00 5,258,000.00 0.00 0.00 0.00 0.00 M-4 3,255,000.00 3,255,000.00 0.00 0.00 0.00 0.00 M-5 4,762,512.45 4,762,512.45 0.00 0.00 0.00 0.00 X 4,006,681.55 4,006,681.55 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 Totals 500,835,294.00 468,435,236.36 0.00 9,395,851.08 0.00 0.00
Principal Distribution Statement (continued) Class Total Ending Ending Total Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A 841,361.29 24,897,371.75 0.839567 841,361.29 II-A 748,528.59 19,852,262.78 0.864006 748,528.59 III-A-1 1,484,628.10 87,795,465.70 0.922977 1,484,628.10 III-A-2 78,147.36 4,621,348.34 0.922977 78,147.36 IV-A-1 769,549.80 88,536,893.36 0.967320 769,549.80 IV-A-2 40,508.82 4,660,549.26 0.967320 40,508.82 V-A-1 1,958,662.41 57,586,380.41 0.873885 1,958,662.41 V-A-2 0.00 7,879,000.00 1.000000 0.00 V-A-3 2,931,144.03 97,969,133.46 0.887353 2,931,144.03 V-A-4 543,320.68 18,159,686.21 0.887353 543,320.68 M-1 0.00 22,788,000.00 1.000000 0.00 M-2 0.00 7,011,000.00 1.000000 0.00 M-3 0.00 5,258,000.00 1.000000 0.00 M-4 0.00 3,255,000.00 1.000000 0.00 M-5 0.00 4,762,512.45 1.000000 0.00 X 0.00 4,006,681.55 1.000000 0.00 P 0.00 100.00 1.000000 0.00 Totals 9,395,851.08 459,039,385.27 0.916548 9,395,851.08
Principal Distribution Factors Statement Class Original Beginning Scheduled UnScheduled Accretion Face Certificate Principal Principal Amount Balance Distribution Distribution I-A 29,655,000.00 867.939067 0.000000 28.371650 0.000000 II-A 22,977,000.00 896.583164 0.000000 32.577299 0.000000 III-A-1 95,122,000.00 938.585120 0.000000 15.607621 0.000000 III-A-2 5,007,000.00 938.585121 0.000000 15.607621 0.000000 IV-A-1 91,528,000.00 975.728118 0.000000 8.407807 0.000000 IV-A-2 4,818,000.00 975.728117 0.000000 8.407808 0.000000 V-A-1 65,897,000.00 903.607794 0.000000 29.723089 0.000000 V-A-2 7,879,000.00 1000.000000 0.000000 0.000000 0.000000 V-A-3 110,406,000.00 913.902120 0.000000 26.548775 0.000000 V-A-4 20,465,000.00 913.902120 0.000000 26.548775 0.000000 M-1 22,788,000.00 1000.000000 0.000000 0.000000 0.000000 M-2 7,011,000.00 1000.000000 0.000000 0.000000 0.000000 M-3 5,258,000.00 1000.000000 0.000000 0.000000 0.000000 M-4 3,255,000.00 1000.000000 0.000000 0.000000 0.000000 M-5 4,762,512.45 1000.000000 0.000000 0.000000 0.000000 X 4,006,681.55 1000.000000 0.000000 0.000000 0.000000 P 100.00 1000.000000 0.000000 0.000000 0.000000
Principal Distribution Factors Statement (continued) Class Realized Total Ending Ending Total Loss Principal Certificate Certificate Principal Reduction Balance Percentage Distribution I-A 0.000000 28.371650 839.567417 0.839567 28.371650 II-A 0.000000 32.577299 864.005866 0.864006 32.577299 III-A-1 0.000000 15.607621 922.977499 0.922977 15.607621 III-A-2 0.000000 15.607621 922.977500 0.922977 15.607621 IV-A-1 0.000000 8.407807 967.320310 0.967320 8.407807 IV-A-2 0.000000 8.407808 967.320311 0.967320 8.407808 V-A-1 0.000000 29.723089 873.884705 0.873885 29.723089 V-A-2 0.000000 0.000000 1,000.000000 1.000000 0.000000 V-A-3 0.000000 26.548775 887.353345 0.887353 26.548775 V-A-4 0.000000 26.548775 887.353345 0.887353 26.548775 M-1 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-2 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-3 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-4 0.000000 0.000000 1,000.000000 1.000000 0.000000 M-5 0.000000 0.000000 1,000.000000 1.000000 0.000000 X 0.000000 0.000000 1,000.000000 1.000000 0.000000 P 0.000000 0.000000 1,000.000000 1.000000 0.000000 All Classes are per 1,000 denomination
Interest Distribution Statement Class Accrual Accrual Current Beginning Current Payment of Dates Days Certificate Certificate/ Accrued Unpaid Interest Rate Notional Balance Interest Shortfall I-A 11/01/05 - 11/30/05 30 4.84129% 25,738,733.04 103,840.49 0.00 II-A 11/01/05 - 11/30/05 30 5.57885% 20,600,791.37 95,773.88 0.00 III-A-1 11/01/05 - 11/30/05 30 5.31252% 89,280,093.80 395,251.62 0.00 III-A-2 11/01/05 - 11/30/05 30 5.31252% 4,699,495.70 20,805.12 0.00 IV-A-1 11/01/05 - 11/30/05 30 5.71225% 89,306,443.17 425,117.39 0.00 IV-A-2 11/01/05 - 11/30/05 30 5.71225% 4,701,058.07 22,378.02 0.00 V-A-1 11/25/05 - 12/26/05 32 4.43375% 59,545,042.83 234,673.63 0.00 V-A-2 11/25/05 - 12/26/05 32 4.59375% 7,879,000.00 32,172.58 0.00 V-A-3 11/25/05 - 12/26/05 32 4.48375% 100,900,277.49 402,143.66 0.00 V-A-4 11/25/05 - 12/26/05 32 4.52375% 18,703,006.89 75,206.87 0.00 M-1 11/25/05 - 12/26/05 32 4.71375% 22,788,000.00 95,481.72 0.00 M-2 11/25/05 - 12/26/05 32 4.86375% 7,011,000.00 30,310.89 0.00 M-3 11/25/05 - 12/26/05 32 4.99375% 5,258,000.00 23,339.68 0.00 M-4 11/25/05 - 12/26/05 32 5.49375% 3,255,000.00 15,895.25 0.00 M-5 11/25/05 - 12/26/05 32 6.14375% 4,762,512.45 26,008.61 0.00 X N/A N/A 0.00000% 468,435,136.36 0.00 0.00 P N/A N/A 0.00000% 100.00 0.00 0.00 Totals 1,998,399.41 0.00
Interest Distribution Statement (continued) Class Current Non-Supported Total Remaining Ending Interest Interest Interest Unpaid Interest Certificate/Notional Shortfall(1) Shortfall Distribution Shortfall(2) Balance I-A 0.00 0.00 103,840.49 0.00 24,897,371.75 II-A 0.00 0.00 95,773.88 0.00 19,852,262.78 III-A-1 0.00 0.00 395,251.62 0.00 87,795,465.70 III-A-2 0.00 0.00 20,805.12 0.00 4,621,348.34 IV-A-1 0.00 0.00 425,117.39 0.00 88,536,893.36 IV-A-2 0.00 0.00 22,378.02 0.00 4,660,549.26 V-A-1 0.00 0.00 234,673.63 0.00 57,586,380.41 V-A-2 0.00 0.00 32,172.58 0.00 7,879,000.00 V-A-3 0.00 0.00 402,143.66 0.00 97,969,133.46 V-A-4 0.00 0.00 75,206.87 0.00 18,159,686.21 M-1 0.00 0.00 95,481.72 0.00 22,788,000.00 M-2 0.00 0.00 30,310.89 0.00 7,011,000.00 M-3 0.00 0.00 23,339.68 0.00 5,258,000.00 M-4 0.00 0.00 15,895.25 0.00 3,255,000.00 M-5 0.00 0.00 26,008.61 0.00 4,762,512.45 X 0.00 0.00 335,185.78 0.00 459,039,285.28 P 0.00 0.00 55,399.73 0.00 100.00 Totals 0.00 0.00 2,388,984.92 0.00 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable
Interest Distribution Factors Statement Class Accrual Original Current Beginning Current Payment of Dates Face Certificate Certificate/Notional Accrued Unpaid Interest Amount Rate Balance Interest Shortfall I-A 11/01/05 - 11/30/05 29,655,000.00 4.84129% 867.939067 3.501618 0.000000 II-A 11/01/05 - 11/30/05 22,977,000.00 5.57885% 896.583164 4.168250 0.000000 III-A-1 11/01/05 - 11/30/05 95,122,000.00 5.31252% 938.585120 4.155207 0.000000 III-A-2 11/01/05 - 11/30/05 5,007,000.00 5.31252% 938.585121 4.155207 0.000000 IV-A-1 11/01/05 - 11/30/05 91,528,000.00 5.71225% 975.728118 4.644670 0.000000 IV-A-2 11/01/05 - 11/30/05 4,818,000.00 5.71225% 975.728117 4.644670 0.000000 V-A-1 11/25/05 - 12/26/05 65,897,000.00 4.43375% 903.607794 3.561219 0.000000 V-A-2 11/25/05 - 12/26/05 7,879,000.00 4.59375% 1000.000000 4.083333 0.000000 V-A-3 11/25/05 - 12/26/05 110,406,000.00 4.48375% 913.902120 3.642408 0.000000 V-A-4 11/25/05 - 12/26/05 20,465,000.00 4.52375% 913.902120 3.674902 0.000000 M-1 11/25/05 - 12/26/05 22,788,000.00 4.71375% 1000.000000 4.190000 0.000000 M-2 11/25/05 - 12/26/05 7,011,000.00 4.86375% 1000.000000 4.323333 0.000000 M-3 11/25/05 - 12/26/05 5,258,000.00 4.99375% 1000.000000 4.438889 0.000000 M-4 11/25/05 - 12/26/05 3,255,000.00 5.49375% 1000.000000 4.883333 0.000000 M-5 11/25/05 - 12/26/05 4,762,512.45 6.14375% 1000.000000 5.461111 0.000000 X N/A 4,006,681.55 0.00000% 116913.493252 0.000000 0.000000 P N/A 100.00 0.00000% 1000.000000 0.000000 0.000000
Interest Distribution Factors Statement (continued) Class Current Non-Supported Total Remaining Unpaid Ending Interest Interest Interest Interest Certificate/ Shortfall(1) Shortfall Distribution Shortfall(2) Notional Balance I-A 0.000000 0.000000 3.501618 0.000000 839.567417 II-A 0.000000 0.000000 4.168250 0.000000 864.005866 III-A-1 0.000000 0.000000 4.155207 0.000000 922.977499 III-A-2 0.000000 0.000000 4.155207 0.000000 922.977500 IV-A-1 0.000000 0.000000 4.644670 0.000000 967.320310 IV-A-2 0.000000 0.000000 4.644670 0.000000 967.320311 V-A-1 0.000000 0.000000 3.561219 0.000000 873.884705 V-A-2 0.000000 0.000000 4.083333 0.000000 1000.000000 V-A-3 0.000000 0.000000 3.642408 0.000000 887.353345 V-A-4 0.000000 0.000000 3.674902 0.000000 887.353345 M-1 0.000000 0.000000 4.190000 0.000000 1000.000000 M-2 0.000000 0.000000 4.323333 0.000000 1000.000000 M-3 0.000000 0.000000 4.438889 0.000000 1000.000000 M-4 0.000000 0.000000 4.883333 0.000000 1000.000000 M-5 0.000000 0.000000 5.461111 0.000000 1000.000000 X 0.000000 0.000000 83.656706 0.000000 114568.447617 P 0.000000 0.000000 553997.300000 0.000000 1000.000000 (1,2) Amount also includes coupon cap or basis risk shortfalls,if applicable. All Classes are per 1,000 denominations
Certificateholder Component Statement Component Beginning Ending Beginning Ending Ending Pass-Through Notional Notional Component Component Component Class Rate Balance Balance Balance Balance Percentage
CERTIFICATEHOLDER ACCOUNT STATEMENT CERTIFICATE ACCOUNT Beginning Balance 0.00 Deposits Payments of Interest and Principal 11,748,716.17 Reserve Funds and Credit Enhancements 0.00 Proceeds from Repurchased Loans 0.00 Servicer Advances 160,664.28 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 55,399.73 Swap/Cap Payments 0.00 Total Deposits 11,964,780.18 Withdrawals Swap Payments 0.00 Reserve Funds and Credit Enhancements 0.00 Reimbursement for Servicer Advances 77,235.94 Total Administration Fees 102,708.24 Payment of Interest and Principal 11,784,836.00 Total Withdrawals (Pool Distribution Amount) 11,964,780.18 Ending Balance 0.00
PREPAYMENT/CURTAILMENT INTEREST SHORTFALL Total Prepayment/Curtailment Interest Shortfall 0.00 Servicing Fee Support 0.00 Non-Supported Prepayment/Curtailment Interest Shortfall 0.00
ADMINISTRATION FEES Gross Servicing Fee* 98,804.62 Credit Risk Management Fee; Risk Management Group, LLC 3,903.62 Supported Prepayment/Curtailment Interest Shortfall 0.00 Total Administration Fees 102,708.24 *Servicer Payees include: GMAC MTG CORP
Reserve Accounts Account Name Beginning Current Withdrawals Current Deposits Ending Balance Balance Reserve Fund 0.00 2,270.40 2,270.40 0.00 Reserve Fund 100.00 0.00 0.00 100.00
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.241103% Weighted Average Net Coupon 5.987992% Weighted Average Pass-Through Rate 5.977991% Weighted Average Remaining Term 354 Beginning Scheduled Collateral Loan Count 1,493 Number Of Loans Paid In Full 34 Ending Scheduled Collateral Loan Count 1,459 Beginning Scheduled Collateral Balance 468,435,136.36 Ending Scheduled Collateral Balance 459,039,285.28 Ending Actual Collateral Balance at 30-Nov-2005 459,112,325.72 Monthly P&I Constant 2,515,011.42 Special Servicing Fee 0.00 Prepayment Penalty Waived Amount 0.00 Prepayment Penalty Waived Count 0 Prepayment Penalty Paid Amount 55,399.73 Prepayment Penalty Paid Count 10 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 71,241.43 Unscheduled Principal 9,324,609.65 Required Overcollateralized Amount 0.00 Overcollateralized Increase Amount 0.00 Overcollateralized Reduction Amount 0.00 Specified O/C Amount 4,006,681.55 Overcollateralized Amount 4,006,681.55 Overcollateralized Deficiency Amount 0.00 Base Overcollateralization Amount 0.00
Group Level Collateral Statement Group GROUP 1 GROUP 2 GROUP 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.441941 5.838847 5.572516 Weighted Average Net Rate 5.162650 5.588847 5.322516 Weighted Average Remaining Term 353 353 354 Beginning Loan Count 58 83 271 Loans Paid In Full 2 3 4 Ending Loan Count 56 80 267 Beginning Scheduled Balance 28,815,656.06 22,985,774.58 104,368,817.14 Ending Scheduled Balance 27,974,294.77 22,237,245.99 102,806,041.68 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 131,985.08 115,286.66 499,604.18 Scheduled Principal 1,307.50 3,444.64 14,940.08 Unscheduled Principal 840,053.79 745,083.95 1,547,835.38 Scheduled Interest 130,677.58 111,842.02 484,664.10 Servicing Fee 6,706.63 4,788.70 21,743.50 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 240.13 191.55 869.74 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 123,730.82 106,861.77 462,050.86 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 0.00 Prepayment Penalty Waived Count 0 0 0 Prepayment Penalty Paid Amount Not Available Not Available Not Available Prepayment Penalty Paid Count Not Available Not Available Not Available Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.152650 5.578847 5.312516
Group Level Collateral Statement Group GROUP 4 GROUP 5 Total Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 5.972251 6.908479 6.241103 Weighted Average Net Rate 5.722251 6.655537 5.987992 Weighted Average Remaining Term 354 354 354 Beginning Loan Count 335 746 1,493 Loans Paid In Full 3 22 34 Ending Loan Count 332 724 1,459 Beginning Scheduled Balance 104,004,480.14 208,260,408.44 468,435,136.36 Ending scheduled Balance 103,194,421.52 202,827,281.32 459,039,285.28 Record Date 11/30/2005 11/30/2005 11/30/2005 Principal And Interest Constant 536,426.20 1,231,709.30 2,515,011.42 Scheduled Principal 18,808.83 32,740.38 71,241.43 Unscheduled Principal 791,249.79 5,400,386.74 9,324,609.65 Scheduled Interest 517,617.37 1,198,968.92 2,443,769.99 Servicing Fee 21,667.60 43,898.19 98,804.62 Master Servicing Fee 0.00 0.00 0.00 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 866.70 1,735.50 3,903.62 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 495,083.07 1,153,335.23 2,341,061.75 Realized Loss Amount 0.00 0.00 0.00 Cumulative Realized Loss 0.00 0.00 0.00 Percentage of Cumulative Losses 0.0000 0.0000 0.0000 Prepayment Penalty Waived Amount 0.00 0.00 0.00 Prepayment Penalty Waived Count 0 0 0 Prepayment Penalty Paid Amount Not Available Not Available 55399.73 Prepayment Penalty Paid Count Not Available Not Available 10 Special Servicing Fee 0.00 0.00 0.00 Pass-Through Rate 5.712251 6.645537 5.977991
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 2 0 0 2 348,345.64 0.00 0.00 348,345.64 30 Days 6 0 0 0 6 2,253,079.07 0.00 0.00 0.00 2,253,079.07 60 Days 4 1 4 0 9 1,030,898.65 60,891.42 881,821.12 0.00 1,973,611.19 90 Days 5 2 8 0 15 2,439,937.55 487,633.24 3,589,820.35 0.00 6,517,391.14 120 Days 1 0 2 0 3 455,606.24 0.00 1,439,951.37 0.00 1,895,557.61 150 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 16 5 14 0 35 6,179,521.51 896,870.30 5,911,592.84 0.00 12,987,984.65 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 0.137080% 0.000000% 0.000000% 0.137080% 0.075874% 0.000000% 0.000000% 0.075874% 30 Days 0.411241% 0.000000% 0.000000% 0.000000% 0.411241% 0.490747% 0.000000% 0.000000% 0.000000% 0.490747% 60 Days 0.274160% 0.068540% 0.274160% 0.000000% 0.616861% 0.224542% 0.013263% 0.192071% 0.000000% 0.429875% 90 Days 0.342700% 0.137080% 0.548321% 0.000000% 1.028101% 0.531447% 0.106212% 0.781905% 0.000000% 1.419564% 120 Days 0.068540% 0.000000% 0.137080% 0.000000% 0.205620% 0.099236% 0.000000% 0.313638% 0.000000% 0.412874% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.096642% 0.342700% 0.959561% 0.000000% 2.398903% 1.345972% 0.195349% 1.287614% 0.000000% 2.828934%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 160,664.28
Delinquency Status By Group DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL GROUP 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 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 1 0 1 0.00 0.00 599,951.37 0.00 599,951.37 150 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 1 0 1 0.00 0.00 599,951.37 0.00 599,951.37 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% 1.785714% 0.000000% 1.785714% 0.000000% 0.000000% 2.144552% 0.000000% 2.144552% 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% 1.785714% 0.000000% 1.785714% 0.000000% 0.000000% 2.144552% 0.000000% 2.144552% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL GROUP 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 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 GROUP 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 197,774.21 0.00 0.00 197,774.21 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 1 0 0 1 0.00 197,774.21 0.00 0.00 197,774.21 0-29 Days 0.374532% 0.000000% 0.000000% 0.374532% 0.192353% 0.000000% 0.000000% 0.192353% 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% 0.374532% 0.000000% 0.000000% 0.374532% 0.000000% 0.192353% 0.000000% 0.000000% 0.192353% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL GROUP 4 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 271,887.56 0.00 0.00 0.00 271,887.56 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 1 0 2 0 3 167,840.60 0.00 1,838,442.09 0.00 2,006,282.69 120 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 2 0 5 439,728.16 0.00 1,838,442.09 0.00 2,278,170.25 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.602410% 0.000000% 0.000000% 0.000000% 0.602410% 0.263414% 0.000000% 0.000000% 0.000000% 0.263414% 60 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 90 Days 0.301205% 0.000000% 0.602410% 0.000000% 0.903614% 0.162610% 0.000000% 1.781149% 0.000000% 1.943759% 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 0.903614% 0.000000% 0.602410% 0.000000% 1.506024% 0.426025% 0.000000% 1.781149% 0.000000% 2.207174% DELINQUENT BANKRUPTCY FORECLOSURE REO TOTAL GROUP 5 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 1 0 0 1 150,571.43 0.00 0.00 150,571.43 30 Days 4 0 0 0 4 1,981,191.51 0.00 0.00 0.00 1,981,191.51 60 Days 4 1 4 0 9 1,030,898.65 60,891.42 881,821.12 0.00 1,973,611.19 90 Days 4 2 6 0 12 2,272,096.95 487,633.24 1,751,378.26 0.00 4,511,108.45 120 Days 1 0 1 0 2 455,606.24 0.00 840,000.00 0.00 1,295,606.24 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 13 4 11 0 28 5,739,793.35 699,096.09 3,473,199.38 0.00 9,912,088.82 0-29 Days 0.138122% 0.000000% 0.000000% 0.138122% 0.074224% 0.000000% 0.000000% 0.074224% 30 Days 0.552486% 0.000000% 0.000000% 0.000000% 0.552486% 0.976623% 0.000000% 0.000000% 0.000000% 0.976623% 60 Days 0.552486% 0.138122% 0.552486% 0.000000% 1.243094% 0.508179% 0.030016% 0.434691% 0.000000% 0.972886% 90 Days 0.552486% 0.276243% 0.828729% 0.000000% 1.657459% 1.120024% 0.240377% 0.863337% 0.000000% 2.223738% 120 Days 0.138122% 0.000000% 0.138122% 0.000000% 0.276243% 0.224590% 0.000000% 0.414076% 0.000000% 0.638665% 150 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 180+ Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% Totals 1.795580% 0.552486% 1.519337% 0.000000% 3.867403% 2.829415% 0.344617% 1.712104% 0.000000% 4.886136%
SUBORDINATION LEVEL/CREDIT ENHANCEMENT/CLASS PERCENTAGE AND PREPAYMENT PERCENTAGE Current Original $ Original % Current $ Current % Class% Prepayment% Class 2A 448,203,294.00 89.49115595% 414,289,750.74 90.25148043% 4.324742% 0.000000% Class M-1 24,293,294.00 4.85055552% 24,293,294.00 5.29220369% 4.964281% 0.000000% Class M-2 17,282,294.00 3.45069411% 17,282,294.00 3.76488343% 1.527320% 0.000000% Class M-3 12,024,294.00 2.40084797% 12,024,294.00 2.61944770% 1.145436% 0.000000% Class M-4 8,769,294.00 1.75093371% 8,769,294.00 1.91035806% 0.709090% 0.000000% Class X 100.00 0.00001997% 100.00 0.00002178% 0.872841% 0.000000% Class P 0.00 0.00000000% 0.00 0.00000000% 0.000022% 0.000000% Please Refer to the Prospectus Supplement for a Full Description of Loss Exposure.
REO Detail - All Mortgage Loans in REO during Current Period
Summary 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 5 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current REO Total May-05 0.000% Loans in REO 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 6 Jan-05 0.000% Original Principal Balance 1,542,650.00 Feb-05 0.000% Current Principal Balance 1,541,721.12 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 14 Jun-05 0.000% Original Principal Balance 5,914,070.00 Jul-05 0.000% Current Principal Balance 5,911,592.84 Aug-05 0.000% Sep-05 0.000% Oct-05 0.362% Nov-05 1.359% Dec-05 1.288% *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. GROUP 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 1 Jun-05 0.000% Original Principal Balance 600,000.00 Jul-05 0.000% Current Principal Balance 599,951.37 Aug-05 0.000% Sep-05 0.000% Oct-05 2.034% Nov-05 2.082% Dec-05 2.145% *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. GROUP 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 1.914% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 4 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 1 Jan-05 0.000% Original Principal Balance 339,900.00 Feb-05 0.000% Current Principal Balance 339,900.00 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 2 Jun-05 0.000% Original Principal Balance 1,839,900.00 Jul-05 0.000% Current Principal Balance 1,838,442.09 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 1.441% Dec-05 1.781% *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. GROUP 5 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 5 Jan-05 0.000% Original Principal Balance 1,202,750.00 Feb-05 0.000% Current Principal Balance 1,201,821.12 Mar-05 0.000% Apr-05 0.000% Current Foreclosure Total May-05 0.000% Loans in Foreclosure 11 Jun-05 0.000% Original Principal Balance 3,474,170.00 Jul-05 0.000% Current Principal Balance 3,473,199.38 Aug-05 0.000% Sep-05 0.000% Oct-05 0.530% Nov-05 1.090% Dec-05 1.712% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance GROUP 1 0000097587 Oct-2005 01-Feb-2005 NV 80.00 600,000.00 GROUP 4 0000185880 Dec-2005 01-Jun-2005 NV 79.98 339,900.00 GROUP 4 0000186443 Nov-2005 01-Jul-2005 NY 57.69 1,500,000.00 GROUP 5 0000153731 Nov-2005 01-Apr-2005 CO 80.00 136,000.00 GROUP 5 0000158820 Dec-2005 01-May-2005 TX 70.00 206,500.00 GROUP 5 0000159569 Oct-2005 01-May-2005 FL 70.00 840,000.00 GROUP 5 0000159590 Nov-2005 01-May-2005 IL 70.00 213,500.00 GROUP 5 0000160397 Dec-2005 01-Jun-2005 CA 70.00 385,000.00 GROUP 5 0000161489 Dec-2005 01-Jun-2005 NV 70.00 227,500.00 GROUP 5 0000161627 Dec-2005 01-May-2005 IL 80.00 320,000.00 GROUP 5 0000177459 Nov-2005 01-Jun-2005 MN 80.00 479,920.00 GROUP 5 0000185524 Nov-2005 01-Jun-2005 CA 80.00 392,000.00 GROUP 5 0000186647 Dec-2005 01-Jul-2005 CO 75.00 63,750.00 GROUP 5 0000186697 Nov-2005 01-Jul-2005 MN 75.00 210,000.00
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest GROUP 1 0000097587 599,951.37 01-Jun-2005 4 4.750% 11,249.10 GROUP 4 0000185880 339,900.00 01-Jul-2005 3 6.375% 8,674.55 GROUP 4 0000186443 1,498,542.09 01-Jul-2005 3 6.125% 36,610.95 GROUP 5 0000153731 135,958.26 01-Jul-2005 3 7.125% 3,894.65 GROUP 5 0000158820 206,500.00 01-Aug-2005 2 6.875% 4,560.20 GROUP 5 0000159569 840,000.00 01-Jun-2005 4 6.750% 22,750.00 GROUP 5 0000159590 213,500.00 01-Jul-2005 3 6.875% 5,893.50 GROUP 5 0000160397 385,000.00 01-Aug-2005 2 7.000% 8,662.48 GROUP 5 0000161489 226,736.72 01-Aug-2005 2 6.375% 4,623.27 GROUP 5 0000161627 320,000.00 01-Jul-2005 3 6.375% 8,166.65 GROUP 5 0000177459 479,920.00 01-Jul-2005 3 6.500% 12,497.95 GROUP 5 0000185524 392,000.00 01-Jul-2005 3 7.000% 11,025.00 GROUP 5 0000186647 63,584.40 01-Aug-2005 2 6.750% 1,375.84 GROUP 5 0000186697 210,000.00 01-Jul-2005 3 7.250% 6,125.00
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period
Summary 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 268,000.00 Feb-05 0.000% Current Principal Balance 266,833.24 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 5 Jun-05 0.000% Original Principal Balance 899,200.00 Jul-05 0.000% Current Principal Balance 896,870.30 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.135% Dec-05 0.195% *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. GROUP 1 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 2 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 3 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 1 Jun-05 0.000% Original Principal Balance 198,750.00 Jul-05 0.000% Current Principal Balance 197,774.21 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.190% Dec-05 0.192% *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. GROUP 4 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 0 Jan-05 0.000% Original Principal Balance 0.00 Feb-05 0.000% Current Principal Balance 0.00 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 0 Jun-05 0.000% Original Principal Balance 0.00 Jul-05 0.000% Current Principal Balance 0.00 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.000% Dec-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. GROUP 5 12 Month Bankruptcy History* New Bankruptcy Loans Month Bankruptcy Percentage Loans in Bankruptcy 1 Jan-05 0.000% Original Principal Balance 268,000.00 Feb-05 0.000% Current Principal Balance 266,833.24 Mar-05 0.000% Apr-05 0.000% Current Bankruptcy Total May-05 0.000% Loans in Bankruptcy 4 Jun-05 0.000% Original Principal Balance 700,450.00 Jul-05 0.000% Current Principal Balance 699,096.09 Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% Nov-05 0.208% Dec-05 0.345% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period Group Loan Month Loan First State LTV at Original Number Entered Payment Origination Principal Bankruptcy Date Balance GROUP 3 0000185905 Nov-2005 01-Jun-2005 NV 75.00 198,750.00 GROUP 5 0000125979 Dec-2005 01-Mar-2005 NJ 80.00 268,000.00 GROUP 5 0000161187 Nov-2005 01-May-2005 WA 80.00 220,800.00 GROUP 5 0000177424 Nov-2005 01-Jun-2005 KS 75.00 61,050.00 GROUP 5 0000185896 Nov-2005 01-Jun-2005 NV 79.98 150,600.00
Bankruptcy Detail - All Mortgage Loans in Bankruptcy during Current Period (continued) Group Loan Current Paid To Months Current Approximate Number Principal Date Delinquent Loan Rate Delinquent Balance Interest GROUP 3 0000185905 197,774.21 01-Nov-2005 0 6.125% 1,936.56 GROUP 5 0000125979 266,833.24 01-Jul-2005 3 6.750% 7,213.81 GROUP 5 0000161187 220,800.00 01-Jul-2005 3 6.250% 5,520.00 GROUP 5 0000177424 60,891.42 01-Aug-2005 2 6.750% 1,317.57 GROUP 5 0000185896 150,571.43 01-Nov-2005 0 6.750% 1,631.18
Realized Loss Detail Report - Loans with Losses during Current Period Summary # Loans Prior Realized Current with Principal Loss/(Gain) Loss Group Losses Balance Amount Percentage GROUP 1 0 0.00 0.00 0.000% GROUP 2 0 0.00 0.00 0.000% GROUP 3 0 0.00 0.00 0.000% GROUP 4 0 0.00 0.00 0.000% GROUP 5 0 0.00 0.00 0.000% Total 0 0.00 0.00 0.000%
Realized Loss Loan Detail Report - Loans With Losses during Current Period Original Current Loan Principal Note LTV at Original Group Number Balance Rate State Origination Term No losses this period.
Realized Loss Loan Detail Report - Loans With Losses during Current Period (continued) Prior Cumulative Loan Principal Realized Realized Group Number Balance Loss/(Gain) Loss/(Gain) No losses this period.
Realized Loss Report - Collateral Summary MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. GROUP 1 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. GROUP 2 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. GROUP 3 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. GROUP 4 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. GROUP 5 MDR SDA Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% MDR: Current vs 12mo Average* SDA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. CDR Loss Severity Approximation Current Month 0.000% Current Month 0.000% 3 Month Average 0.000% 3 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CDR: Current vs 12mo Average* Loss Severity: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 Oct-2005 0.000% N/A Oct-2005 0.000% N/A Nov-2005 0.000% N/A Nov-2005 0.000% N/A Dec-2005 0.000% N/A Dec-2005 0.000% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www. monthly bond remittance report can be viewed online at ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
Prepayment Detail - Prepayments during Current Period Summary Loans Paid In Full Repurchased Loans Original Current Original Current Principal Principal Principal Principal Group Count Balance Balance Count Balance Balance GROUP 1 2 835,300.00 834,506.32 0 0.00 0.00 GROUP 2 3 746,330.00 746,330.00 0 0.00 0.00 GROUP 3 4 1,541,200.00 1,541,044.59 0 0.00 0.00 GROUP 4 3 787,125.00 787,042.52 0 0.00 0.00 GROUP 5 22 5,846,963.00 5,840,134.78 0 0.00 0.00 Total 34 9,756,918.00 9,749,058.21 0 0.00 0.00
Prepayment Detail - Prepayments during Current Period (continued) Summary Substitution Loans Liquidated Loans Curtailments Original Current Original Current Principal Principal Principal Principal Curtailment Group Count Balance Balance Count Balance Balance Amount GROUP 1 0 0.00 0.00 0 0.00 0.00 5,547.47 GROUP 2 0 0.00 0.00 0 0.00 0.00 (1,246.05) GROUP 3 0 0.00 0.00 0 0.00 0.00 6,790.79 GROUP 4 0 0.00 0.00 0 0.00 0.00 4,207.27 GROUP 5 0 0.00 0.00 0 0.00 0.00 (438,626.32) Total 0 0.00 0.00 0 0.00 0.00 (423,326.84)
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount GROUP 1 0000187088 CA 63.79 01-Jul-2005 510,300.00 509,506.32 GROUP 1 0000187095 FL 65.00 01-Jun-2005 325,000.00 325,000.00 GROUP 2 0000161129 CA 70.00 01-May-2005 114,730.00 114,730.00 GROUP 2 0000176059 CA 68.52 01-Jun-2005 370,000.00 370,000.00 GROUP 2 0000177777 MD 80.00 01-Jun-2005 261,600.00 261,600.00 GROUP 3 0000153738 CA 68.06 01-Apr-2005 650,000.00 649,977.87 GROUP 3 0000186420 CA 70.00 01-Jul-2005 364,000.00 363,866.72 GROUP 3 0000186812 FL 80.00 01-Jul-2005 364,000.00 364,000.00 GROUP 3 0000187659 AZ 80.00 01-Jun-2005 163,200.00 163,200.00 GROUP 4 0000131397 NY 80.00 01-Apr-2005 400,000.00 399,987.94 GROUP 4 0000177443 SC 80.00 01-Jun-2005 260,000.00 259,929.58 GROUP 4 0000177452 MN 75.00 01-Jun-2005 127,125.00 127,125.00 GROUP 5 0000141072 CT 70.00 01-May-2005 330,400.00 327,801.12 GROUP 5 0000145947 MD 80.00 01-Apr-2005 120,000.00 119,917.06 GROUP 5 0000145971 NY 80.00 01-May-2005 208,000.00 206,828.23 GROUP 5 0000153150 NY 75.00 01-Apr-2005 90,000.00 89,286.69 GROUP 5 0000159564 MN 70.00 01-May-2005 198,100.00 198,100.00 GROUP 5 0000159582 IL 70.00 01-May-2005 360,500.00 360,500.00 GROUP 5 0000161092 NJ 80.00 01-May-2005 95,120.00 95,120.00 GROUP 5 0000161097 RI 80.00 01-May-2005 176,000.00 176,000.00 GROUP 5 0000161155 CA 80.00 01-Apr-2005 315,200.00 315,200.00 GROUP 5 0000176809 CA 80.00 01-Jul-2005 332,000.00 332,000.00 GROUP 5 0000177137 NV 70.00 01-Jun-2005 257,600.00 257,600.00 GROUP 5 0000177442 FL 95.00 01-Jun-2005 112,100.00 112,100.00 GROUP 5 0000177754 MD 80.00 01-Jun-2005 168,000.00 168,000.00 GROUP 5 0000177755 MD 79.99 01-Jul-2005 239,900.00 239,900.00 GROUP 5 0000184980 CA 70.00 01-Jun-2005 875,000.00 875,000.00 GROUP 5 0000185901 AZ 79.99 01-Jun-2005 339,350.00 339,350.00 GROUP 5 0000185920 NV 80.00 01-Jun-2005 484,000.00 484,000.00 GROUP 5 0000185936 NY 80.00 01-Jul-2005 308,000.00 306,739.21 GROUP 5 0000186606 MD 62.15 01-Jul-2005 110,000.00 109,998.42 GROUP 5 0000186651 FL 75.00 01-Jul-2005 61,893.00 61,606.04 GROUP 5 0000186734 IL 99.99 01-May-2005 250,200.00 250,200.00 GROUP 5 0000187787 CA 80.00 01-Jul-2005 415,600.00 413,766.29
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning GROUP 1 0000187088 Loan Paid in Full (1) 4.250% 360 5 GROUP 1 0000187095 Loan Paid in Full 0 5.625% 360 6 GROUP 2 0000161129 Loan Paid in Full 0 5.875% 360 7 GROUP 2 0000176059 Loan Paid in Full (1) 5.500% 360 6 GROUP 2 0000177777 Loan Paid in Full 0 5.750% 360 6 GROUP 3 0000153738 Loan Paid in Full 0 5.625% 360 8 GROUP 3 0000186420 Loan Paid in Full 0 6.125% 360 5 GROUP 3 0000186812 Loan Paid in Full 0 6.250% 360 5 GROUP 3 0000187659 Loan Paid in Full 0 5.875% 360 6 GROUP 4 0000131397 Loan Paid in Full 0 6.250% 360 8 GROUP 4 0000177443 Loan Paid in Full 0 6.500% 360 6 GROUP 4 0000177452 Loan Paid in Full 0 6.500% 360 6 GROUP 5 0000141072 Loan Paid in Full 0 6.375% 360 7 GROUP 5 0000145947 Loan Paid in Full 0 6.500% 360 8 GROUP 5 0000145971 Loan Paid in Full 0 7.875% 360 7 GROUP 5 0000153150 Loan Paid in Full (1) 6.750% 360 8 GROUP 5 0000159564 Loan Paid in Full 0 7.000% 360 7 GROUP 5 0000159582 Loan Paid in Full (1) 7.375% 360 7 GROUP 5 0000161092 Loan Paid in Full 0 7.625% 360 7 GROUP 5 0000161097 Loan Paid in Full 0 7.250% 360 7 GROUP 5 0000161155 Loan Paid in Full 0 6.625% 360 8 GROUP 5 0000176809 Loan Paid in Full 0 6.750% 360 5 GROUP 5 0000177137 Loan Paid in Full 0 6.875% 360 6 GROUP 5 0000177442 Loan Paid in Full (1) 6.625% 360 6 GROUP 5 0000177754 Loan Paid in Full 0 7.000% 360 6 GROUP 5 0000177755 Loan Paid in Full (1) 7.250% 360 5 GROUP 5 0000184980 Loan Paid in Full 0 6.500% 360 6 GROUP 5 0000185901 Loan Paid in Full 0 7.875% 360 6 GROUP 5 0000185920 Loan Paid in Full 0 6.750% 360 6 GROUP 5 0000185936 Loan Paid in Full 0 8.000% 360 5 GROUP 5 0000186606 Loan Paid in Full 0 6.875% 360 5 GROUP 5 0000186651 Loan Paid in Full 0 7.375% 360 5 GROUP 5 0000186734 Loan Paid in Full 0 7.500% 360 7 GROUP 5 0000187787 Loan Paid in Full 0 7.625% 360 5
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 1.991% Current Month 21.441% Current Month 1,745.874% 3 Month Average 1.939% 3 Month Average 20.933% 3 Month Average 2,074.303% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 6.409% N/A Aug-2005 1,469.517% N/A Sep-2005 23.350% N/A Sep-2005 3,688.920% N/A Oct-2005 19.906% N/A Oct-2005 2,391.218% N/A Nov-2005 21.452% N/A Nov-2005 2,085.818% N/A Dec-2005 21.441% N/A Dec-2005 1,745.874% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. GROUP 1 SMM CPR PSA Current Month 2.915% Current Month 29.886% Current Month 2,001.430% 3 Month Average 2.713% 3 Month Average 28.071% 3 Month Average 2,214.524% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 1.735% N/A Aug-2005 249.931% N/A Sep-2005 58.265% N/A Sep-2005 6,539.477% N/A Oct-2005 29.901% N/A Oct-2005 2,735.577% N/A Nov-2005 24.427% N/A Nov-2005 1,906.564% N/A Dec-2005 29.886% N/A Dec-2005 2,001.430% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. GROUP 2 SMM CPR PSA Current Month 3.242% Current Month 32.665% Current Month 2,305.773% 3 Month Average 3.303% 3 Month Average 29.677% 3 Month Average 2,321.223% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 0.094% N/A Aug-2005 15.262% N/A Sep-2005 29.181% N/A Sep-2005 3,585.838% N/A Oct-2005 0.121% N/A Oct-2005 11.905% N/A Nov-2005 56.245% N/A Nov-2005 4,645.991% N/A Dec-2005 32.665% N/A Dec-2005 2,305.773% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. GROUP 3 SMM CPR PSA Current Month 1.483% Current Month 16.416% Current Month 1,359.502% 3 Month Average 1.569% 3 Month Average 17.209% 3 Month Average 1,794.538% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 13.235% N/A Aug-2005 3,202.005% N/A Sep-2005 13.761% N/A Sep-2005 2,243.945% N/A Oct-2005 21.949% N/A Oct-2005 2,709.090% N/A Nov-2005 13.262% N/A Nov-2005 1,315.021% N/A Dec-2005 16.416% N/A Dec-2005 1,359.502% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. GROUP 4 SMM CPR PSA Current Month 0.761% Current Month 8.758% Current Month 779.330% 3 Month Average 0.609% 3 Month Average 7.057% 3 Month Average 752.212% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 0.039% N/A Aug-2005 11.960% N/A Sep-2005 12.127% N/A Sep-2005 2,295.248% N/A Oct-2005 4.630% N/A Oct-2005 636.828% N/A Nov-2005 7.782% N/A Nov-2005 840.478% N/A Dec-2005 8.758% N/A Dec-2005 779.330% N/A *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. GROUP 5 SMM CPR PSA Current Month 2.594% Current Month 27.045% Current Month 2,191.148% 3 Month Average 2.509% 3 Month Average 26.281% 3 Month Average 2,595.251% 12 Month Average 0.000% 12 Month Average 0.000% 12 Month Average 0.000% CPR: Current vs 12mo Average* PSA: Current vs 12mo Average* Month Current 12mo Avg. Month Current 12mo Avg. Jan-2005 N/A N/A Jan-2005 N/A N/A Feb-2005 N/A N/A Feb-2005 N/A N/A Mar-2005 N/A N/A Mar-2005 N/A N/A Apr-2005 N/A N/A Apr-2005 N/A N/A May-2005 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 7.208% N/A Aug-2005 1,633.863% N/A Sep-2005 25.432% N/A Sep-2005 3,993.623% N/A Oct-2005 25.964% N/A Oct-2005 3,097.417% N/A Nov-2005 25.835% N/A Nov-2005 2,497.188% N/A Dec-2005 27.045% N/A Dec-2005 2,191.148% 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))
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