-----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, NkAwTffx8g7ps8BL0IvH8EbM2OuMX3cbGpIzh1N8wfQOFyE9gM6n4wxYapR7f48+ pKOzTati2VqbEX5TutPczQ== 0001056404-05-003590.txt : 20051028 0001056404-05-003590.hdr.sgml : 20051028 20051028140933 ACCESSION NUMBER: 0001056404-05-003590 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051025 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20051028 DATE AS OF CHANGE: 20051028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HASCO Trust 2005-NC1 CENTRAL INDEX KEY: 0001337403 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-124032-01 FILM NUMBER: 051162588 BUSINESS ADDRESS: STREET 1: 452 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 212 525-8119 MAIL ADDRESS: STREET 1: 452 FIFTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10018 8-K 1 has05nc1_10510.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): October 25, 2005 HSI ASSET SECURITIZATION CORPORATION TRUST Mortgage Pass-Through Certificates, Series 2005-NC1 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-124032-01 Pooling and Servicing Agreement) (Commission 54-2182280 (State or other File Number) 54-2182281 jurisdiction 54-6675902 of Incorporation) IRS EIN c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17 CFR 240.13e-4(c)) ITEM 8.01 Other Events On October 25, 2005 a distribution was made to holders of HSI ASSET SECURITIZATION CORPORATION TRUST, Mortgage Pass-Through Certificates, Series 2005-NC1 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-NC1 Trust, relating to the October 25, 2005 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HSI ASSET SECURITIZATION CORPORATION TRUST Mortgage Pass-Through Certificates, Series 2005-NC1 Trust (Registrant) By: Wells Fargo Bank, N.A. as Master Servicer By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 10/25/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Mortgage Pass-Through Certificates, Series 2005-NC1 Trust, relating to the October 25, 2005 distribution. EX-99.1
HSI Asset Securitization Corporation Mortgage Pass-Through Certificates Record Date: 9/30/2005 Distribution Date: 10/25/2005 HSI Asset Securitization Corporation Mortgage Pass-Through Certificates Series 2005-NC1 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 I-A-1 40430HAA6 SEN 4.08000% 179,618,644.75 590,346.61 I-A-2 40430HAB4 SEN 4.14000% 10,132,338.88 33,791.35 II-A-1 40430HAC2 SEN 3.96000% 156,501,528.53 499,239.88 II-A-2 40430HAD0 SEN 4.08000% 123,256,000.00 405,101.39 II-A-3 40430HAE8 SEN 4.19000% 25,210,000.00 85,090.75 II-A-4 40430HAF5 SEN 4.15000% 17,202,964.62 57,510.47 M-1 40430HAG3 MEZ 4.34000% 18,318,000.00 64,041.76 M-2 40430HAH1 MEZ 4.37000% 13,265,000.00 46,696.48 M-3 40430HAJ7 MEZ 4.47000% 12,001,000.00 43,213.60 M-4 40430HAK4 MEZ 4.49000% 10,422,000.00 37,695.80 M-5 40430HAL2 MEZ 4.57000% 9,475,000.00 34,881.16 M-6 40430HAM0 MEZ 5.03000% 8,211,000.00 33,270.52 M-7 40430HAP3 MEZ 5.17000% 7,264,000.00 30,252.54 M-8 40430HAQ1 MEZ 5.68000% 3,790,000.00 17,341.36 M-9 40430HAR9 MEZ 6.13000% 3,159,000.00 15,599.32 M-10 40430HAS7 MEZ 6.83000% 6,000,000.00 30,085.93 M-11 40430HAT5 MEZ 6.83000% 4,421,000.00 22,168.31 M-12 40430HAU2 MEZ 6.83000% 5,053,000.00 25,337.36 M-13 40430HAV0 MEZ 6.83000% 5,053,000.00 25,337.36 M-14 40430HAW8 MEZ 6.83000% 4,741,890.00 23,777.36 X HAS05NC1X OC 0.00000% 915,198.38 0.00 P HAS05NC1P PPAY 0.00000% 0.01 0.00 R HAS05WFR1 RES 0.00000% 0.00 0.00 Totals 624,010,565.17 2,120,779.31
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses I-A-1 4,887,751.96 0.00 174,730,892.79 5,478,098.57 0.00 I-A-2 275,719.48 0.00 9,856,619.40 309,510.83 0.00 II-A-1 7,076,975.70 0.00 149,424,552.83 7,576,215.58 0.00 II-A-2 0.00 0.00 123,256,000.00 405,101.39 0.00 II-A-3 0.00 0.00 25,210,000.00 85,090.75 0.00 II-A-4 399,206.31 0.00 16,803,758.31 456,716.78 0.00 M-1 0.00 0.00 18,318,000.00 64,041.76 0.00 M-2 0.00 0.00 13,265,000.00 46,696.48 0.00 M-3 0.00 0.00 12,001,000.00 43,213.60 0.00 M-4 0.00 0.00 10,422,000.00 37,695.80 0.00 M-5 0.00 0.00 9,475,000.00 34,881.16 0.00 M-6 0.00 0.00 8,211,000.00 33,270.52 0.00 M-7 0.00 0.00 7,264,000.00 30,252.54 0.00 M-8 0.00 0.00 3,790,000.00 17,341.36 0.00 M-9 0.00 0.00 3,159,000.00 15,599.32 0.00 M-10 0.00 0.00 6,000,000.00 30,085.93 0.00 M-11 0.00 0.00 4,421,000.00 22,168.31 0.00 M-12 0.00 0.00 5,053,000.00 25,337.36 0.00 M-13 0.00 0.00 5,053,000.00 25,337.36 0.00 M-14 0.00 0.00 4,741,890.00 23,777.36 0.00 X 0.00 0.00 1,923,463.01 0.00 0.00 P 0.00 0.00 0.01 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 Totals 12,639,653.45 0.00 612,379,176.35 14,760,432.76 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) I-A-1 181,669,000.00 179,618,644.75 0.00 4,887,751.96 0.00 0.00 I-A-2 10,248,000.00 10,132,338.88 0.00 275,719.48 0.00 0.00 II-A-1 162,565,000.00 156,501,528.53 0.00 7,076,975.70 0.00 0.00 II-A-2 123,256,000.00 123,256,000.00 0.00 0.00 0.00 0.00 II-A-3 25,210,000.00 25,210,000.00 0.00 0.00 0.00 0.00 II-A-4 17,545,000.00 17,202,964.62 0.00 399,206.31 0.00 0.00 M-1 18,318,000.00 18,318,000.00 0.00 0.00 0.00 0.00 M-2 13,265,000.00 13,265,000.00 0.00 0.00 0.00 0.00 M-3 12,001,000.00 12,001,000.00 0.00 0.00 0.00 0.00 M-4 10,422,000.00 10,422,000.00 0.00 0.00 0.00 0.00 M-5 9,475,000.00 9,475,000.00 0.00 0.00 0.00 0.00 M-6 8,211,000.00 8,211,000.00 0.00 0.00 0.00 0.00 M-7 7,264,000.00 7,264,000.00 0.00 0.00 0.00 0.00 M-8 3,790,000.00 3,790,000.00 0.00 0.00 0.00 0.00 M-9 3,159,000.00 3,159,000.00 0.00 0.00 0.00 0.00 M-10 6,000,000.00 6,000,000.00 0.00 0.00 0.00 0.00 M-11 4,421,000.00 4,421,000.00 0.00 0.00 0.00 0.00 M-12 5,053,000.00 5,053,000.00 0.00 0.00 0.00 0.00 M-13 5,053,000.00 5,053,000.00 0.00 0.00 0.00 0.00 M-14 4,741,890.00 4,741,890.00 0.00 0.00 0.00 0.00 X 0.00 915,198.38 0.00 0.00 0.00 0.00 P 0.00 0.01 0.00 0.00 0.00 0.00 R 0.00 0.00 0.00 0.00 0.00 0.00 Totals 631,666,890.00 624,010,565.17 0.00 12,639,653.45 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 I-A-1 4,887,751.96 174,730,892.79 0.96180907 4,887,751.96 I-A-2 275,719.48 9,856,619.40 0.96180907 275,719.48 II-A-1 7,076,975.70 149,424,552.83 0.91916804 7,076,975.70 II-A-2 0.00 123,256,000.00 1.00000000 0.00 II-A-3 0.00 25,210,000.00 1.00000000 0.00 II-A-4 399,206.31 16,803,758.31 0.95775197 399,206.31 M-1 0.00 18,318,000.00 1.00000000 0.00 M-2 0.00 13,265,000.00 1.00000000 0.00 M-3 0.00 12,001,000.00 1.00000000 0.00 M-4 0.00 10,422,000.00 1.00000000 0.00 M-5 0.00 9,475,000.00 1.00000000 0.00 M-6 0.00 8,211,000.00 1.00000000 0.00 M-7 0.00 7,264,000.00 1.00000000 0.00 M-8 0.00 3,790,000.00 1.00000000 0.00 M-9 0.00 3,159,000.00 1.00000000 0.00 M-10 0.00 6,000,000.00 1.00000000 0.00 M-11 0.00 4,421,000.00 1.00000000 0.00 M-12 0.00 5,053,000.00 1.00000000 0.00 M-13 0.00 5,053,000.00 1.00000000 0.00 M-14 0.00 4,741,890.00 1.00000000 0.00 X 0.00 1,923,463.01 0.00000000 0.00 P 0.00 0.01 0.00000000 0.00 R 0.00 0.00 0.00000000 0.00 Totals 12,639,653.45 612,379,176.35 0.96946537 12,639,653.45
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion I-A-1 181,669,000.00 988.71378579 0.00000000 26.90471110 0.00000000 I-A-2 10,248,000.00 988.71378610 0.00000000 26.90471116 0.00000000 II-A-1 162,565,000.00 962.70124892 0.00000000 43.53320641 0.00000000 II-A-2 123,256,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-3 25,210,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 II-A-4 17,545,000.00 980.50525050 0.00000000 22.75328071 0.00000000 M-1 18,318,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 13,265,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 12,001,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 10,422,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 9,475,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 8,211,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 7,264,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 3,790,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 3,159,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 6,000,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-11 4,421,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-12 5,053,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-13 5,053,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-14 4,741,890.00 1000.00000000 0.00000000 0.00000000 0.00000000 X 0.00 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000000 0.00000000 0.00000000 0.00000000 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 I-A-1 0.00000000 26.90471110 961.80907469 0.96180907 26.90471110 I-A-2 0.00000000 26.90471116 961.80907494 0.96180907 26.90471116 II-A-1 0.00000000 43.53320641 919.16804251 0.91916804 43.53320641 II-A-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 II-A-4 0.00000000 22.75328071 957.75196979 0.95775197 22.75328071 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 M-12 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-13 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-14 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 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 I-A-1 181,669,000.00 4.08000% 179,618,644.75 590,346.61 0.00 0.00 I-A-2 10,248,000.00 4.14000% 10,132,338.88 33,791.35 0.00 0.00 II-A-1 162,565,000.00 3.96000% 156,501,528.53 499,239.88 0.00 0.00 II-A-2 123,256,000.00 4.08000% 123,256,000.00 405,101.39 0.00 0.00 II-A-3 25,210,000.00 4.19000% 25,210,000.00 85,090.75 0.00 0.00 II-A-4 17,545,000.00 4.15000% 17,202,964.62 57,510.47 0.00 0.00 M-1 18,318,000.00 4.34000% 18,318,000.00 64,041.76 0.00 0.00 M-2 13,265,000.00 4.37000% 13,265,000.00 46,696.48 0.00 0.00 M-3 12,001,000.00 4.47000% 12,001,000.00 43,213.60 0.00 0.00 M-4 10,422,000.00 4.49000% 10,422,000.00 37,695.80 0.00 0.00 M-5 9,475,000.00 4.57000% 9,475,000.00 34,881.16 0.00 0.00 M-6 8,211,000.00 5.03000% 8,211,000.00 33,270.52 0.00 0.00 M-7 7,264,000.00 5.17000% 7,264,000.00 30,252.54 0.00 0.00 M-8 3,790,000.00 5.68000% 3,790,000.00 17,341.36 0.00 0.00 M-9 3,159,000.00 6.13000% 3,159,000.00 15,599.32 0.00 0.00 M-10 6,000,000.00 6.83000% 6,000,000.00 33,011.67 0.00 0.00 M-11 4,421,000.00 6.83000% 4,421,000.00 24,324.10 0.00 0.00 M-12 5,053,000.00 6.83000% 5,053,000.00 27,801.33 0.00 0.00 M-13 5,053,000.00 6.83000% 5,053,000.00 27,801.33 0.00 0.00 M-14 4,741,890.00 6.83000% 4,741,890.00 26,089.62 0.00 0.00 X 0.00 0.00000% 0.00 0.00 0.00 0.00 P 0.00 0.00000% 0.01 0.00 0.00 0.00 R 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 631,666,890.00 2,133,101.04 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 I-A-1 0.00 0.00 590,346.61 0.00 174,730,892.79 I-A-2 0.00 0.00 33,791.35 0.00 9,856,619.40 II-A-1 0.00 0.00 499,239.88 0.00 149,424,552.83 II-A-2 0.00 0.00 405,101.39 0.00 123,256,000.00 II-A-3 0.00 0.00 85,090.75 0.00 25,210,000.00 II-A-4 0.00 0.00 57,510.47 0.00 16,803,758.31 M-1 0.00 0.00 64,041.76 0.00 18,318,000.00 M-2 0.00 0.00 46,696.48 0.00 13,265,000.00 M-3 0.00 0.00 43,213.60 0.00 12,001,000.00 M-4 0.00 0.00 37,695.80 0.00 10,422,000.00 M-5 0.00 0.00 34,881.16 0.00 9,475,000.00 M-6 0.00 0.00 33,270.52 0.00 8,211,000.00 M-7 0.00 0.00 30,252.54 0.00 7,264,000.00 M-8 0.00 0.00 17,341.36 0.00 3,790,000.00 M-9 0.00 0.00 15,599.32 0.00 3,159,000.00 M-10 0.00 0.00 30,085.93 0.00 6,000,000.00 M-11 0.00 0.00 22,168.31 0.00 4,421,000.00 M-12 0.00 0.00 25,337.36 0.00 5,053,000.00 M-13 0.00 0.00 25,337.36 0.00 5,053,000.00 M-14 0.00 0.00 23,777.36 0.00 4,741,890.00 X 0.00 0.00 0.00 0.00 0.00 P 0.00 0.00 0.00 0.00 0.01 R 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 2,120,779.31 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 I-A-1 181,669,000.00 4.08000% 988.71378579 3.24957263 0.00000000 0.00000000 I-A-2 10,248,000.00 4.14000% 988.71378610 3.29736046 0.00000000 0.00000000 II-A-1 162,565,000.00 3.96000% 962.70124892 3.07101701 0.00000000 0.00000000 II-A-2 123,256,000.00 4.08000% 1000.00000000 3.28666669 0.00000000 0.00000000 II-A-3 25,210,000.00 4.19000% 1000.00000000 3.37527767 0.00000000 0.00000000 II-A-4 17,545,000.00 4.15000% 980.50525050 3.27788373 0.00000000 0.00000000 M-1 18,318,000.00 4.34000% 1000.00000000 3.49611093 0.00000000 0.00000000 M-2 13,265,000.00 4.37000% 1000.00000000 3.52027742 0.00000000 0.00000000 M-3 12,001,000.00 4.47000% 1000.00000000 3.60083326 0.00000000 0.00000000 M-4 10,422,000.00 4.49000% 1000.00000000 3.61694492 0.00000000 0.00000000 M-5 9,475,000.00 4.57000% 1000.00000000 3.68138892 0.00000000 0.00000000 M-6 8,211,000.00 5.03000% 1000.00000000 4.05194495 0.00000000 0.00000000 M-7 7,264,000.00 5.17000% 1000.00000000 4.16472192 0.00000000 0.00000000 M-8 3,790,000.00 5.68000% 1000.00000000 4.57555673 0.00000000 0.00000000 M-9 3,159,000.00 6.13000% 1000.00000000 4.93805635 0.00000000 0.00000000 M-10 6,000,000.00 6.83000% 1000.00000000 5.50194500 0.00000000 0.00000000 M-11 4,421,000.00 6.83000% 1000.00000000 5.50194526 0.00000000 0.00000000 M-12 5,053,000.00 6.83000% 1000.00000000 5.50194538 0.00000000 0.00000000 M-13 5,053,000.00 6.83000% 1000.00000000 5.50194538 0.00000000 0.00000000 M-14 4,741,890.00 6.83000% 1000.00000000 5.50194543 0.00000000 0.00000000 X 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 R 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 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 I-A-1 0.00000000 0.00000000 3.24957263 0.00000000 961.80907469 I-A-2 0.00000000 0.00000000 3.29736046 0.00000000 961.80907494 II-A-1 0.00000000 0.00000000 3.07101701 0.00000000 919.16804251 II-A-2 0.00000000 0.00000000 3.28666669 0.00000000 1000.00000000 II-A-3 0.00000000 0.00000000 3.37527767 0.00000000 1000.00000000 II-A-4 0.00000000 0.00000000 3.27788373 0.00000000 957.75196979 M-1 0.00000000 0.00000000 3.49611093 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.52027742 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.60083326 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.61694492 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.68138892 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 4.05194495 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 4.16472192 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 4.57555673 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 4.93805635 0.00000000 1000.00000000 M-10 0.00000000 0.00000000 5.01432167 0.00000000 1000.00000000 M-11 0.00000000 0.00000000 5.01432029 0.00000000 1000.00000000 M-12 0.00000000 0.00000000 5.01432021 0.00000000 1000.00000000 M-13 0.00000000 0.00000000 5.01432021 0.00000000 1000.00000000 M-14 0.00000000 0.00000000 5.01432129 0.00000000 1000.00000000 X 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 P 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 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 15,025,638.21 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 0.00 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 0.00 Total Deposits 15,025,638.21 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 265,205.45 Payment of Interest and Principal 14,760,432.76 Total Withdrawals (Pool Distribution Amount) 15,025,638.21 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 260,004.79 Master Servicing Fee 5,200.66 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 265,205.45
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Excess Reserve Fund 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 11 0 0 0 11 2,353,199.96 0.00 0.00 0.00 2,353,199.96 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 11 0 0 0 11 2,353,199.96 0.00 0.00 0.00 2,353,199.96 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.478053% 0.000000% 0.000000% 0.000000% 0.478053% 0.384271% 0.000000% 0.000000% 0.000000% 0.384271% 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 0.478053% 0.000000% 0.000000% 0.000000% 0.478053% 0.384271% 0.000000% 0.000000% 0.000000% 0.384271%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total 1 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 5 0 0 0 5 992,699.98 0.00 0.00 0.00 992,699.98 60 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 90 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 120 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 150 Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 180+ Days 0 0 0 0 0 0.00 0.00 0.00 0.00 0.00 Totals 5 0 0 0 5 992,699.98 0.00 0.00 0.00 992,699.98 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.659631% 0.000000% 0.000000% 0.000000% 0.659631% 0.667711% 0.000000% 0.000000% 0.000000% 0.667711% 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 0.659631% 0.000000% 0.000000% 0.000000% 0.659631% 0.667711% 0.000000% 0.000000% 0.000000% 0.667711% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 2 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 3 0 0 0 3 572,960.00 0.00 0.00 0.00 572,960.00 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 3 0 0 0 3 572,960.00 0.00 0.00 0.00 572,960.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.771208% 0.000000% 0.000000% 0.000000% 0.771208% 0.738823% 0.000000% 0.000000% 0.000000% 0.738823% 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 0.771208% 0.000000% 0.000000% 0.000000% 0.771208% 0.738823% 0.000000% 0.000000% 0.000000% 0.738823% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 3 No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 2 0 0 0 2 581,939.98 0.00 0.00 0.00 581,939.98 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 2 0 0 0 2 581,939.98 0.00 0.00 0.00 581,939.98 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.232288% 0.000000% 0.000000% 0.000000% 0.232288% 0.200000% 0.000000% 0.000000% 0.000000% 0.200000% 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 0.232288% 0.000000% 0.000000% 0.000000% 0.232288% 0.200000% 0.000000% 0.000000% 0.000000% 0.200000% DELINQUENT BANKRUPTCY FORECLOSURE REO Total 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 1 0 0 0 1 205,600.00 0.00 0.00 0.00 205,600.00 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 1 0 0 0 1 205,600.00 0.00 0.00 0.00 205,600.00 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.341297% 0.000000% 0.000000% 0.000000% 0.341297% 0.215996% 0.000000% 0.000000% 0.000000% 0.215996% 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 0.341297% 0.000000% 0.000000% 0.000000% 0.341297% 0.215996% 0.000000% 0.000000% 0.000000% 0.215996%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 13,453.89
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 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-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. 4 12 Month REO History* New REO Loans Month REO Percentage Loans in REO 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current REO Total Mar-05 0.000% Loans in REO 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
REO Loan Detail - All Mortgage Loans in REO during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number REO Date State Origination Balance No REO loans this period.
REO Loan Detail - All Mortgage Loans in REO during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No REO loans this period.
Foreclosure Detail - All Mortgage Loans in Foreclosure during Current Period
Summary 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current Foreclosure Total Mar-05 0.000% Loans in Foreclosure 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 1 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current Foreclosure Total Mar-05 0.000% Loans in Foreclosure 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 2 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current Foreclosure Total Mar-05 0.000% Loans in Foreclosure 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com. 3 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current Foreclosure Total Mar-05 0.000% Loans in Foreclosure 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-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. 4 12 Month Foreclosure History* New Foreclosure Loans Month Foreclosure Percentage Loans in Foreclosure 0 Nov-04 0.000% Original Principal Balance 0.00 Dec-04 0.000% Current Principal Balance 0.00 Jan-05 0.000% Feb-05 0.000% Current Foreclosure Total Mar-05 0.000% Loans in Foreclosure 0 Apr-05 0.000% Original Principal Balance 0.00 May-05 0.000% Current Principal Balance 0.00 Jun-05 0.000% Jul-05 0.000% Aug-05 0.000% Sep-05 0.000% Oct-05 0.000% *The text reported in the above table is presented graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at www.ctslink.com.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period Month Loan First Original Loan Entered Payment LTV at Principal Group Number FC Date State Origination Balance No Foreclosure loans this period.
Foreclosure Loan Detail - All Mortgage Loans in Foreclosure during Current Period (continued) Current Paid Current Approximate Loan Principal To Months Loan Delinquent Group Number Balance Date Delinquent Rate Interest No Foreclosure loans this period.
COLLATERAL STATEMENT Collateral Description Mixed ARM Weighted Average Gross Coupon 6.527290% Weighted Average Net Coupon 6.027289% Weighted Average Pass-Through Rate 6.017288% Weighted Average Maturity(Stepdown Calculation) 355 Beginning Scheduled Collateral Loan Count 2,344 Number Of Loans Paid In Full 43 Ending Scheduled Collateral Loan Count 2,301 Beginning Scheduled Collateral Balance 624,010,565.16 Ending Scheduled Collateral Balance 612,379,176.34 Ending Actual Collateral Balance at 30-Sep-2005 612,379,669.56 Monthly P&I Constant 3,394,741.35 Special Servicing Fee 0.00 Prepayment Penalties 0.00 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 493.27 Unscheduled Principal 11,630,895.55 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 1,008,264.64 Overcollateralized reduction Amount 0.00 Specified O/C Amount 3,158,334.45 Overcollateralized Amount 1,923,463.01 Overcollateralized Deficiency Amount 1,234,871.44 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 1,008,264.64 Excess Cash Amount 0.00
Miscellaneous Reporting Group I Cap 0.00 Group II Cap 0.00 Aggregate Cap 0.00 Class M Cap 0.00 Cumulative Loss % 0.000000% Is Sequential Trigger Event in effect? NO Is Trigger Event in effect? NO
Group Level Collateral Statement Group 1 2 3 Collateral Description Mixed ARM Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.583857 6.498257 6.535089 Weighted Average Net Rate 6.083857 5.998257 6.035089 Weighted Average Maturity 355 355 355 Beginning Loan Count 776 392 882 Loans Paid In Full 18 3 21 Ending Loan Count 758 389 861 Beginning Scheduled Balance 152,684,660.02 78,289,401.97 297,274,318.71 Ending Scheduled Balance 148,672,057.93 77,550,422.52 290,969,740.88 Record Date 09/30/2005 09/30/2005 09/30/2005 Principal And Interest Constant 837,711.61 423,953.90 1,619,421.78 Scheduled Principal 0.00 0.00 493.27 Unscheduled Principal 4,012,602.09 738,979.45 6,304,084.56 Scheduled Interest 837,711.61 423,953.90 1,618,928.51 Servicing Fees 63,618.61 32,620.58 123,864.30 Master Servicing Fees 1,272.37 652.41 2,477.29 Trustee Fee 0.00 0.00 0.00 FRY Amount 0.00 0.00 0.00 Special Hazard Fee 0.00 0.00 0.00 Other Fee 0.00 0.00 0.00 Pool Insurance Fee 0.00 0.00 0.00 Spread 1 0.00 0.00 0.00 Spread 2 0.00 0.00 0.00 Spread 3 0.00 0.00 0.00 Net Interest 772,820.63 390,680.91 1,492,586.92 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 6.073857 5.988257 6.025089
Group Level Collateral Statement Group 4 Total Collateral Description Mixed ARM Mixed ARM Weighted Average Coupon Rate 6.436621 6.527290 Weighted Average Net Rate 5.936621 6.027289 Weighted Average Maturity 355 355 Beginning Loan Count 294 2,344 Loans Paid In Full 1 43 Ending Loan Count 293 2,301 Beginning Scheduled Balance 95,762,184.46 624,010,565.16 Ending scheduled Balance 95,186,955.01 612,379,176.34 Record Date 09/30/2005 09/30/2005 Principal And Interest Constant 513,654.06 3,394,741.35 Scheduled Principal 0.00 493.27 Unscheduled Principal 575,229.45 11,630,895.55 Scheduled Interest 513,654.06 3,394,248.08 Servicing Fees 39,900.91 260,004.40 Master Servicing Fees 798.02 5,200.09 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 0.00 0.00 Pool Insurance Fee 0.00 0.00 Spread 1 0.00 0.00 Spread 2 0.00 0.00 Spread 3 0.00 0.00 Net Interest 472,955.13 3,129,043.59 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 5.926621 6.017288
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 Total 43 11,548,633.80 11,548,372.37 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 Total 0 0.00 0.00 0 0.00 0.00 82,523.18
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount 1 0002096750 TN 90.00 01-Jun-2005 225,000.00 225,000.03 1 1001228059 MD 78.83 01-Jun-2005 74,500.00 74,499.97 1 1001258169 MD 84.74 01-May-2005 254,150.00 254,150.00 1 1001286735 CA 83.33 01-Jun-2005 190,000.00 190,000.00 1 1001287039 MD 79.73 01-Jun-2005 177,000.00 177,000.00 1 1001350317 CA 77.32 01-May-2005 166,255.00 166,254.79 1 1001431640 IL 90.00 01-Jun-2005 207,000.00 207,000.00 1 1001453992 IL 80.00 01-Jun-2005 236,000.00 235,999.97 1 1001492557 CA 90.00 01-Jun-2005 127,800.00 127,800.00 1 1001642084 CA 95.00 01-Jun-2005 313,500.00 313,500.00 1 1001746597 NY 59.32 01-Jul-2005 350,000.00 349,966.59 1 1001811472 AZ 80.00 01-Jun-2005 131,600.00 131,558.64 1 1001813791 CA 90.00 01-Jul-2005 315,000.00 315,000.00 1 1001824814 CA 94.75 01-Jun-2005 343,000.00 342,999.97 1 1001903042 MN 80.00 01-Jul-2005 212,000.00 211,999.98 1 1001927062 CA 75.00 01-Jul-2005 174,750.00 174,750.00 1 1001977472 CA 66.58 01-Jul-2005 283,000.00 283,000.00 1 1002087066 MD 80.00 01-Jul-2005 208,000.00 208,000.00 2 1001618869 IL 80.00 01-Jul-2005 308,000.00 307,999.99 2 1001705471 MI 80.00 01-Jun-2005 122,400.00 122,400.00 2 1001785722 CA 76.94 01-Jun-2005 300,100.00 300,099.96 3 1000990761 AZ 80.00 01-May-2005 160,316.80 160,316.76 3 1001081910 FL 80.00 01-Jun-2005 102,700.00 102,700.00 3 1001091133 AZ 80.00 01-May-2005 196,000.00 196,000.00 3 1001183114 CA 80.00 01-May-2005 372,034.00 372,034.00 3 1001316533 CA 80.00 01-May-2005 440,000.00 439,999.99 3 1001343601 CA 80.00 01-Jun-2005 218,400.00 218,400.00 3 1001575735 CA 85.00 01-Jun-2005 374,000.00 373,912.20 3 1001650644 CA 80.00 01-Jun-2005 332,000.00 331,996.61 3 1001659413 CA 80.00 01-Jun-2005 360,000.00 359,905.00 3 1001659789 CA 80.00 01-Jun-2005 384,000.00 384,000.00 3 1001705792 CA 80.00 01-Jun-2005 391,108.00 391,107.99 3 1001762925 CA 90.00 01-Jun-2005 245,700.00 245,700.00 3 1001773272 FL 80.00 01-Jun-2005 152,000.00 151,999.97 3 1001804532 AK 90.00 01-Jun-2005 166,500.00 166,500.00 3 1001828482 IL 80.00 01-Jun-2005 252,000.00 252,000.00 3 1001849897 CA 89.36 01-Jul-2005 420,000.00 420,000.00 3 1001858083 CA 80.00 01-Jul-2005 368,360.00 368,359.97 3 1001869231 AZ 80.00 01-Jun-2005 132,000.00 132,000.00 3 1001977150 CA 80.00 01-Jul-2005 414,360.00 414,360.00 3 1001989806 CA 80.00 01-Jul-2005 437,600.00 437,599.99 3 1002022297 CA 80.00 01-Jul-2005 355,200.00 355,200.00 4 1001828972 CA 90.00 01-Jul-2005 555,300.00 555,300.00
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning 1 0002096750 Loan Paid in Full 0 7.850% 360 4 1 1001228059 Loan Paid in Full 0 8.200% 360 4 1 1001258169 Loan Paid in Full 0 6.300% 360 5 1 1001286735 Loan Paid in Full 0 6.150% 360 4 1 1001287039 Loan Paid in Full 0 6.600% 360 4 1 1001350317 Loan Paid in Full 0 7.050% 360 5 1 1001431640 Loan Paid in Full 0 8.388% 360 4 1 1001453992 Loan Paid in Full 0 6.650% 360 4 1 1001492557 Loan Paid in Full 0 7.675% 360 4 1 1001642084 Loan Paid in Full 0 6.990% 360 4 1 1001746597 Loan Paid in Full 0 5.700% 360 3 1 1001811472 Loan Paid in Full 0 7.450% 360 4 1 1001813791 Loan Paid in Full 0 6.875% 360 3 1 1001824814 Loan Paid in Full 0 6.400% 360 4 1 1001903042 Loan Paid in Full 0 6.650% 360 3 1 1001927062 Loan Paid in Full 0 5.950% 360 3 1 1001977472 Loan Paid in Full 0 6.250% 360 3 1 1002087066 Loan Paid in Full 0 7.250% 360 3 2 1001618869 Loan Paid in Full 0 6.800% 360 3 2 1001705471 Loan Paid in Full (1) 6.250% 360 4 2 1001785722 Loan Paid in Full 0 6.650% 360 4 3 1000990761 Loan Paid in Full 0 6.700% 360 5 3 1001081910 Loan Paid in Full 0 6.600% 360 4 3 1001091133 Loan Paid in Full 0 5.990% 360 5 3 1001183114 Loan Paid in Full 0 6.500% 360 5 3 1001316533 Loan Paid in Full (1) 6.250% 360 5 3 1001343601 Loan Paid in Full 0 7.500% 360 4 3 1001575735 Loan Paid in Full 0 7.100% 360 4 3 1001650644 Loan Paid in Full 0 7.000% 360 4 3 1001659413 Loan Paid in Full 0 7.000% 360 4 3 1001659789 Loan Paid in Full 0 6.500% 360 4 3 1001705792 Loan Paid in Full 0 7.625% 360 4 3 1001762925 Loan Paid in Full 0 7.250% 360 4 3 1001773272 Loan Paid in Full 0 7.400% 360 4 3 1001804532 Loan Paid in Full 0 8.650% 360 4 3 1001828482 Loan Paid in Full 0 7.575% 360 4 3 1001849897 Loan Paid in Full 0 6.550% 360 3 3 1001858083 Loan Paid in Full 0 7.990% 360 3 3 1001869231 Loan Paid in Full 0 7.500% 360 4 3 1001977150 Loan Paid in Full 0 6.700% 360 3 3 1001989806 Loan Paid in Full 0 6.700% 360 3 3 1002022297 Loan Paid in Full 0 6.990% 360 3 4 1001828972 Loan Paid in Full (1) 6.625% 360 3
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 1.864% Current Month 20.210% Current Month 2,662.279% 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. 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 N/A N/A Aug-2005 N/A N/A Sep-2005 13.613% N/A Sep-2005 2,435.201% N/A Oct-2005 20.210% N/A Oct-2005 2,662.279% 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 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. 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 N/A N/A Aug-2005 N/A 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 *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. 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 N/A N/A Aug-2005 N/A 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 *The text reported in the above table is presented *The text reported in the above table is presented graphically on the monthly bond remittance report. The graphically on the monthly bond remittance report. The monthly bond remittance report can be viewed online at monthly bond remittance report can be viewed online at www.ctslink.com. www.ctslink.com. Calculation Methodology: Monthly Default Rate (MDR): sum(Beg Principal Balance of Liquidated Loans)/ sum(Beg Principal Balance). Conditional Default Rate (CDR): 1-((1-MDR)^12) SDA Standard Default Assumption: If WAS is less than or equal to 30 then CDR/(WAS*0.02) else if WAS is greater than 30 and less than or equal to 60 then CDR/0.6 else if WAS is greater than 60 and less than or equal to 120 then CDR/(0.6 - ((WAS-60)*0.0095)) else if WAS is greater than 120 then CDR/0.03 Loss Severity Approximation for current period: sum(Realized Loss Amount)/sum(Beg Principal Balance of Liquidated Loans)
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