8-K 1 ace05he6_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 ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE6 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-123741-08 54-2184212 Pooling and Servicing Agreement) (Commission 54-2184213 (State or other File Number) 54-2184349 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 October 25, 2005 a distribution was made to holders of ACE SECURITIES CORP. HOME EQUITY LOAN TRUST, Asset Backed Pass-Through Certificates, Series 2005-HE6 Trust. ITEM 9.01 Financial Statements and Exhibits (c) Exhibits Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE6 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. ACE SECURITIES CORP. HOME EQUITY LOAN TRUST Asset Backed Pass-Through Certificates, Series 2005-HE6 Trust (Registrant) By: Wells Fargo Bank, N.A. as Securities Administrator By: /s/ Beth Belfield as Officer By: Beth Belfield as Officer Date: 10/28/2005 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Asset Backed Pass-Through Certificates, Series 2005-HE6 Trust, relating to the October 25, 2005 distribution. EX-99.1
ACE Securities Corporation Asset Backed Pass-Through Certificates Record Date: 9/30/2005 Distribution Date: 10/25/2005 ACE Securities Corporation Asset Backed Pass-Through Certificates Series ACE 2005-HE6 Contact: Customer Service - CTSLink Wells Fargo Bank, N.A. Securities Administration Services 7485 New Horizon Way Frederick, MD 21703 www.ctslink.com Telephone: (301) 815-6600 Fax: (301) 815-6660 Certificateholder Distribution Summary Certificate Certificate Beginning Class Pass-Through Certificate Interest Class CUSIP Description Rate Balance Distribution A-1 004421SG9 SEN 4.09750% 531,329,000.00 1,632,840.43 A-2A 004421SH7 SEN 3.94750% 322,838,000.00 955,802.25 A-2B 004421SJ3 SEN 4.03750% 144,691,000.00 438,142.43 A-2C 004421SK0 SEN 4.10750% 104,177,000.00 320,930.27 A-2D 004421SL8 SEN 4.19750% 81,311,000.00 255,977.19 M-1 004421SM6 SUB 4.30750% 59,839,000.00 193,317.37 M-2 004421SN4 SUB 4.31750% 55,176,000.00 178,666.79 M-3 004421SP9 SUB 4.34750% 37,302,000.00 121,627.83 M-4 004421SQ7 SUB 4.42750% 26,422,000.00 87,737.55 M-5 004421SR5 SUB 4.47750% 27,200,000.00 91,341.00 M-6 004421SS3 SUB 4.52750% 23,314,000.00 79,165.60 M-7 004421ST1 SUB 5.03750% 24,091,000.00 91,018.81 M-8 004421SU8 SUB 5.23750% 17,874,000.00 70,211.31 M-9 004421SV6 SUB 5.58750% 17,874,000.00 74,903.23 M-10 004421SW4 SUB 6.83750% 12,434,000.00 63,763.11 M-11 004421SX2 SUB 6.83750% 15,543,000.00 79,706.45 B-1 004421SE4 SUB 6.83750% 25,645,000.00 131,510.77 B-2 004421SF1 SUB 6.83750% 15,543,000.00 79,706.45 P ACE05HE6P SEN 0.00000% 100.00 243,244.88 CE ACE05H6CE SUB 0.00000% 11,656,913.88 3,594,464.96 R-1 ACE05H6R1 SEN 0.00000% 0.00 0.00 Totals 1,554,260,013.88 8,784,078.68
Certificateholder Distribution Summary (continued) Current Ending Cumulative Principal Realized Certificate Total Realized Class Distribution Loss Balance Distribution Losses A-1 7,438,369.30 0.00 523,890,630.70 9,071,209.73 0.00 A-2A 11,838,719.21 0.00 310,999,280.79 12,794,521.46 0.00 A-2B 0.00 0.00 144,691,000.00 438,142.43 0.00 A-2C 0.00 0.00 104,177,000.00 320,930.27 0.00 A-2D 0.00 0.00 81,311,000.00 255,977.19 0.00 M-1 0.00 0.00 59,839,000.00 193,317.37 0.00 M-2 0.00 0.00 55,176,000.00 178,666.79 0.00 M-3 0.00 0.00 37,302,000.00 121,627.83 0.00 M-4 0.00 0.00 26,422,000.00 87,737.55 0.00 M-5 0.00 0.00 27,200,000.00 91,341.00 0.00 M-6 0.00 0.00 23,314,000.00 79,165.60 0.00 M-7 0.00 0.00 24,091,000.00 91,018.81 0.00 M-8 0.00 0.00 17,874,000.00 70,211.31 0.00 M-9 0.00 0.00 17,874,000.00 74,903.23 0.00 M-10 0.00 0.00 12,434,000.00 63,763.11 0.00 M-11 0.00 0.00 15,543,000.00 79,706.45 0.00 B-1 0.00 0.00 25,645,000.00 131,510.77 0.00 B-2 0.00 0.00 15,543,000.00 79,706.45 0.00 P 0.00 0.00 100.00 243,244.88 0.00 CE 0.00 0.00 11,656,950.10 3,594,464.96 0.00 R-1 0.00 0.00 0.00 0.00 0.00 Totals 19,277,088.51 0.00 1,534,982,961.59 28,061,167.19 0.00 All distributions required by the Pooling and Servicing Agreement have been calculated by the Certificate Administrator on behalf of the Trustee.
Principal Distribution Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Realized Class Amount Balance Distribution Distribution Accretion Loss (1) A-1 531,329,000.00 531,329,000.00 0.00 7,438,369.30 0.00 0.00 A-2A 322,838,000.00 322,838,000.00 0.00 11,838,719.21 0.00 0.00 A-2B 144,691,000.00 144,691,000.00 0.00 0.00 0.00 0.00 A-2C 104,177,000.00 104,177,000.00 0.00 0.00 0.00 0.00 A-2D 81,311,000.00 81,311,000.00 0.00 0.00 0.00 0.00 M-1 59,839,000.00 59,839,000.00 0.00 0.00 0.00 0.00 M-2 55,176,000.00 55,176,000.00 0.00 0.00 0.00 0.00 M-3 37,302,000.00 37,302,000.00 0.00 0.00 0.00 0.00 M-4 26,422,000.00 26,422,000.00 0.00 0.00 0.00 0.00 M-5 27,200,000.00 27,200,000.00 0.00 0.00 0.00 0.00 M-6 23,314,000.00 23,314,000.00 0.00 0.00 0.00 0.00 M-7 24,091,000.00 24,091,000.00 0.00 0.00 0.00 0.00 M-8 17,874,000.00 17,874,000.00 0.00 0.00 0.00 0.00 M-9 17,874,000.00 17,874,000.00 0.00 0.00 0.00 0.00 M-10 12,434,000.00 12,434,000.00 0.00 0.00 0.00 0.00 M-11 15,543,000.00 15,543,000.00 0.00 0.00 0.00 0.00 B-1 25,645,000.00 25,645,000.00 0.00 0.00 0.00 0.00 B-2 15,543,000.00 15,543,000.00 0.00 0.00 0.00 0.00 P 100.00 100.00 0.00 0.00 0.00 0.00 CE 11,656,913.88 11,656,913.88 0.00 0.00 0.00 0.00 R-1 0.00 0.00 0.00 0.00 0.00 0.00 Totals 1,554,260,013.88 1,554,260,013.88 0.00 19,277,088.51 0.00 0.00 (1) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Principal Distribution Statement (continued) Total Ending Ending Total Principal Certificate Certificate Principal Class Reduction Balance Percentage Distribution A-1 7,438,369.30 523,890,630.70 0.98600045 7,438,369.30 A-2A 11,838,719.21 310,999,280.79 0.96332923 11,838,719.21 A-2B 0.00 144,691,000.00 1.00000000 0.00 A-2C 0.00 104,177,000.00 1.00000000 0.00 A-2D 0.00 81,311,000.00 1.00000000 0.00 M-1 0.00 59,839,000.00 1.00000000 0.00 M-2 0.00 55,176,000.00 1.00000000 0.00 M-3 0.00 37,302,000.00 1.00000000 0.00 M-4 0.00 26,422,000.00 1.00000000 0.00 M-5 0.00 27,200,000.00 1.00000000 0.00 M-6 0.00 23,314,000.00 1.00000000 0.00 M-7 0.00 24,091,000.00 1.00000000 0.00 M-8 0.00 17,874,000.00 1.00000000 0.00 M-9 0.00 17,874,000.00 1.00000000 0.00 M-10 0.00 12,434,000.00 1.00000000 0.00 M-11 0.00 15,543,000.00 1.00000000 0.00 B-1 0.00 25,645,000.00 1.00000000 0.00 B-2 0.00 15,543,000.00 1.00000000 0.00 P 0.00 100.00 1.00000000 0.00 CE 0.00 11,656,950.10 1.00000311 0.00 R-1 0.00 0.00 0.00000000 0.00 Totals 19,277,088.51 1,534,982,961.59 0.98759728 19,277,088.51
Principal Distribution Factors Statement Original Beginning Scheduled Unscheduled Face Certificate Principal Principal Class (2) Amount Balance Distribution Distribution Accretion A-1 531,329,000.00 1000.00000000 0.00000000 13.99955451 0.00000000 A-2A 322,838,000.00 1000.00000000 0.00000000 36.67077361 0.00000000 A-2B 144,691,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2C 104,177,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 A-2D 81,311,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-1 59,839,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-2 55,176,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-3 37,302,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-4 26,422,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-5 27,200,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-6 23,314,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-7 24,091,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-8 17,874,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-9 17,874,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-10 12,434,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 M-11 15,543,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-1 25,645,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 B-2 15,543,000.00 1000.00000000 0.00000000 0.00000000 0.00000000 P 100.00 1000.00000000 0.00000000 0.00000000 0.00000000 CE 11,656,913.88 1000.00000000 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000000 0.00000000 0.00000000 0.00000000 (2) All Classes are Per 1,000 Denomination.
Principal Distribution Factors Statement (continued) Total Ending Ending Total Realized Principal Certificate Certificate Principal Class Loss (3) Reduction Balance Percentage Distribution A-1 0.00000000 13.99955451 986.00044549 0.98600045 13.99955451 A-2A 0.00000000 36.67077361 963.32922639 0.96332923 36.67077361 A-2B 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2C 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 A-2D 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-3 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-4 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-5 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-6 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-7 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-8 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-9 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-10 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 M-11 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-1 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 B-2 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 P 0.00000000 0.00000000 1,000.00000000 1.00000000 0.00000000 CE 0.00000000 0.00000000 1,000.00310717 1.00000311 0.00000000 R-1 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 (3) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class Amount Rate Balance Interest Shortfall Shortfall A-1 531,329,000.00 4.09750% 531,329,000.00 1,632,840.43 0.00 0.00 A-2A 322,838,000.00 3.94750% 322,838,000.00 955,802.25 0.00 0.00 A-2B 144,691,000.00 4.03750% 144,691,000.00 438,142.43 0.00 0.00 A-2C 104,177,000.00 4.10750% 104,177,000.00 320,930.27 0.00 0.00 A-2D 81,311,000.00 4.19750% 81,311,000.00 255,977.19 0.00 0.00 M-1 59,839,000.00 4.30750% 59,839,000.00 193,317.37 0.00 0.00 M-2 55,176,000.00 4.31750% 55,176,000.00 178,666.79 0.00 0.00 M-3 37,302,000.00 4.34750% 37,302,000.00 121,627.83 0.00 0.00 M-4 26,422,000.00 4.42750% 26,422,000.00 87,737.55 0.00 0.00 M-5 27,200,000.00 4.47750% 27,200,000.00 91,341.00 0.00 0.00 M-6 23,314,000.00 4.52750% 23,314,000.00 79,165.60 0.00 0.00 M-7 24,091,000.00 5.03750% 24,091,000.00 91,018.81 0.00 0.00 M-8 17,874,000.00 5.23750% 17,874,000.00 70,211.31 0.00 0.00 M-9 17,874,000.00 5.58750% 17,874,000.00 74,903.23 0.00 0.00 M-10 12,434,000.00 6.83750% 12,434,000.00 63,763.11 0.00 0.00 M-11 15,543,000.00 6.83750% 15,543,000.00 79,706.45 0.00 0.00 B-1 25,645,000.00 6.83750% 25,645,000.00 131,510.77 0.00 0.00 B-2 15,543,000.00 6.83750% 15,543,000.00 79,706.45 0.00 0.00 P 100.00 0.00000% 100.00 0.00 0.00 0.00 CE 11,656,913.88 0.00000% 1,554,260,013.88 0.00 0.00 0.00 R-1 0.00 0.00000% 0.00 0.00 0.00 0.00 Totals 1,554,260,013.88 4,946,368.84 0.00 0.00
Interest Distribution Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (4) Distribution Shortfall Balance A-1 0.00 0.00 1,632,840.43 0.00 523,890,630.70 A-2A 0.00 0.00 955,802.25 0.00 310,999,280.79 A-2B 0.00 0.00 438,142.43 0.00 144,691,000.00 A-2C 0.00 0.00 320,930.27 0.00 104,177,000.00 A-2D 0.00 0.00 255,977.19 0.00 81,311,000.00 M-1 0.00 0.00 193,317.37 0.00 59,839,000.00 M-2 0.00 0.00 178,666.79 0.00 55,176,000.00 M-3 0.00 0.00 121,627.83 0.00 37,302,000.00 M-4 0.00 0.00 87,737.55 0.00 26,422,000.00 M-5 0.00 0.00 91,341.00 0.00 27,200,000.00 M-6 0.00 0.00 79,165.60 0.00 23,314,000.00 M-7 0.00 0.00 91,018.81 0.00 24,091,000.00 M-8 0.00 0.00 70,211.31 0.00 17,874,000.00 M-9 0.00 0.00 74,903.23 0.00 17,874,000.00 M-10 0.00 0.00 63,763.11 0.00 12,434,000.00 M-11 0.00 0.00 79,706.45 0.00 15,543,000.00 B-1 0.00 0.00 131,510.77 0.00 25,645,000.00 B-2 0.00 0.00 79,706.45 0.00 15,543,000.00 P 0.00 0.00 243,244.88 0.00 100.00 CE 0.00 0.00 3,594,464.96 0.00 1,534,982,961.60 R-1 0.00 0.00 0.00 0.00 0.00 Totals 0.00 0.00 8,784,078.68 0.00 (4) Amount Does Not Include Excess Special Hazard, Bankruptcy, or Fraud Losses Unless Otherwise Disclosed. Please Refer to the Prospectus Supplement for a Full Description.
Interest Distribution Factors Statement Beginning Payment of Original Current Certificate/ Current Unpaid Current Face Certificate Notional Accrued Interest Interest Class (5) Amount Rate Balance Interest Shortfall Shortfall A-1 531,329,000.00 4.09750% 1000.00000000 3.07312499 0.00000000 0.00000000 A-2A 322,838,000.00 3.94750% 1000.00000000 2.96062499 0.00000000 0.00000000 A-2B 144,691,000.00 4.03750% 1000.00000000 3.02812497 0.00000000 0.00000000 A-2C 104,177,000.00 4.10750% 1000.00000000 3.08062499 0.00000000 0.00000000 A-2D 81,311,000.00 4.19750% 1000.00000000 3.14812498 0.00000000 0.00000000 M-1 59,839,000.00 4.30750% 1000.00000000 3.23062501 0.00000000 0.00000000 M-2 55,176,000.00 4.31750% 1000.00000000 3.23812509 0.00000000 0.00000000 M-3 37,302,000.00 4.34750% 1000.00000000 3.26062490 0.00000000 0.00000000 M-4 26,422,000.00 4.42750% 1000.00000000 3.32062486 0.00000000 0.00000000 M-5 27,200,000.00 4.47750% 1000.00000000 3.35812500 0.00000000 0.00000000 M-6 23,314,000.00 4.52750% 1000.00000000 3.39562495 0.00000000 0.00000000 M-7 24,091,000.00 5.03750% 1000.00000000 3.77812503 0.00000000 0.00000000 M-8 17,874,000.00 5.23750% 1000.00000000 3.92812521 0.00000000 0.00000000 M-9 17,874,000.00 5.58750% 1000.00000000 4.19062493 0.00000000 0.00000000 M-10 12,434,000.00 6.83750% 1000.00000000 5.12812530 0.00000000 0.00000000 M-11 15,543,000.00 6.83750% 1000.00000000 5.12812520 0.00000000 0.00000000 B-1 25,645,000.00 6.83750% 1000.00000000 5.12812517 0.00000000 0.00000000 B-2 15,543,000.00 6.83750% 1000.00000000 5.12812520 0.00000000 0.00000000 P 100.00 0.00000% 1000.00000000 0.00000000 0.00000000 0.00000000 CE 11,656,913.88 0.00000% 133333.74766941 0.00000000 0.00000000 0.00000000 R-1 0.00 0.00000% 0.00000000 0.00000000 0.00000000 0.00000000 (5) All Classes are Per 1,000 Denomination.
Interest Distribution Factors Statement (continued) Remaining Ending Non-Supported Total Unpaid Certificate/ Interest Realized Interest Interest Notional Class Shortfall Losses (6) Distribution Shortfall Balance A-1 0.00000000 0.00000000 3.07312499 0.00000000 986.00044549 A-2A 0.00000000 0.00000000 2.96062499 0.00000000 963.32922639 A-2B 0.00000000 0.00000000 3.02812497 0.00000000 1000.00000000 A-2C 0.00000000 0.00000000 3.08062499 0.00000000 1000.00000000 A-2D 0.00000000 0.00000000 3.14812498 0.00000000 1000.00000000 M-1 0.00000000 0.00000000 3.23062501 0.00000000 1000.00000000 M-2 0.00000000 0.00000000 3.23812509 0.00000000 1000.00000000 M-3 0.00000000 0.00000000 3.26062490 0.00000000 1000.00000000 M-4 0.00000000 0.00000000 3.32062486 0.00000000 1000.00000000 M-5 0.00000000 0.00000000 3.35812500 0.00000000 1000.00000000 M-6 0.00000000 0.00000000 3.39562495 0.00000000 1000.00000000 M-7 0.00000000 0.00000000 3.77812503 0.00000000 1000.00000000 M-8 0.00000000 0.00000000 3.92812521 0.00000000 1000.00000000 M-9 0.00000000 0.00000000 4.19062493 0.00000000 1000.00000000 M-10 0.00000000 0.00000000 5.12812530 0.00000000 1000.00000000 M-11 0.00000000 0.00000000 5.12812520 0.00000000 1000.00000000 B-1 0.00000000 0.00000000 5.12812517 0.00000000 1000.00000000 B-2 0.00000000 0.00000000 5.12812520 0.00000000 1000.00000000 P 0.00000000 0.00000000 2432448.80000000 0.00000000 1000.00000000 CE 0.00000000 0.00000000 308.35476671 0.00000000 131680.04648585 R-1 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 28,395,639.16 Liquidations, Insurance Proceeds, Reserve Funds 0.00 Proceeds from Repurchased Loans 0.00 Other Amounts (Servicer Advances) 91,262.56 Realized Loss (Gains, Subsequent Expenses & Recoveries) 0.00 Prepayment Penalties 243,244.88 Total Deposits 28,730,146.60 Withdrawals Reimbursement for Servicer Advances 0.00 Payment of Service Fee 668,979.41 Payment of Interest and Principal 28,061,167.19 Total Withdrawals (Pool Distribution Amount) 28,730,146.60 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 647,608.34 Credit Risk Manager Fee: Murrayhill 18,133.03 Master Servicing Fee: Wells Fargo 3,238.04 Supported Prepayment/Curtailment Interest Shortfall 0.00 Net Servicing Fee 668,979.41
OTHER ACCOUNTS Beginning Current Current Ending Account Type Balance Withdrawals Deposits Balance Reserve Fund 0.00 0.00 0.00 0.00
LOAN STATUS STRATIFICATION/CREDIT ENHANCEMENT STATEMENT DELINQUENT BANKRUPTCY FORECLOSURE REO Total No of Loans No of Loans No of Loans No of Loans No of Loans Principal Balance Principal Balance Principal Balance Principal Balance Principal Balance 0-29 Days 0 0 0 0 0.00 0.00 0.00 0.00 30 Days 73 0 0 0 73 13,684,057.09 0.00 0.00 0.00 13,684,057.09 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 73 0 0 0 73 13,684,057.09 0.00 0.00 0.00 13,684,057.09 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 0.917893% 0.000000% 0.000000% 0.000000% 0.917893% 0.891039% 0.000000% 0.000000% 0.000000% 0.891039% 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 0.917893% 0.000000% 0.000000% 0.000000% 0.917893% 0.891039% 0.000000% 0.000000% 0.000000% 0.891039%
Delinquency Status By Groups
DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr I Sub-Gr 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 8 0 0 0 8 353,360.65 0.00 0.00 0.00 353,360.65 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 8 0 0 0 8 353,360.65 0.00 0.00 0.00 353,360.65 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.679694% 0.000000% 0.000000% 0.000000% 0.679694% 0.351085% 0.000000% 0.000000% 0.000000% 0.351085% 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 0.679694% 0.000000% 0.000000% 0.000000% 0.679694% 0.351085% 0.000000% 0.000000% 0.000000% 0.351085% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr 1 Sub-Gr 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 32 0 0 0 32 4,603,911.09 0.00 0.00 0.00 4,603,911.09 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 32 0 0 0 32 4,603,911.09 0.00 0.00 0.00 4,603,911.09 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.962985% 0.000000% 0.000000% 0.000000% 0.962985% 0.780878% 0.000000% 0.000000% 0.000000% 0.780878% 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 0.962985% 0.000000% 0.000000% 0.000000% 0.962985% 0.780878% 0.000000% 0.000000% 0.000000% 0.780878% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr 2 Sub-Gr 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 10 0 0 0 10 715,913.94 0.00 0.00 0.00 715,913.94 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 10 0 0 0 10 715,913.94 0.00 0.00 0.00 715,913.94 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 0.782473% 0.000000% 0.000000% 0.000000% 0.782473% 0.584969% 0.000000% 0.000000% 0.000000% 0.584969% 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 0.782473% 0.000000% 0.000000% 0.000000% 0.782473% 0.584969% 0.000000% 0.000000% 0.000000% 0.584969% DELINQUENT BANKRUPTCY FORECLOSURE REO Total Gr 2 Sub-Gr 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 23 0 0 0 23 8,010,871.41 0.00 0.00 0.00 8,010,871.41 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 23 0 0 0 23 8,010,871.41 0.00 0.00 0.00 8,010,871.41 0-29 Days 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 0.000000% 30 Days 1.057471% 0.000000% 0.000000% 0.000000% 1.057471% 1.107811% 0.000000% 0.000000% 0.000000% 1.107811% 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 1.057471% 0.000000% 0.000000% 0.000000% 1.057471% 1.107811% 0.000000% 0.000000% 0.000000% 1.107811%
OTHER INFORMATION Current Period Class A Insufficient Funds 0.00 Principal Balance of Contaminated Properties 0.00 Periodic Advance 91,262.56
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. Gr I Sub-Gr 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. Gr 1 Sub-Gr 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. Gr 2 Sub-Gr 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. Gr 2 Sub-Gr 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. Gr I Sub-Gr 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. Gr 1 Sub-Gr 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. Gr 2 Sub-Gr 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. Gr 2 Sub-Gr 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 Fixed & Arm Weighted Average Gross Coupon 7.491505% Weighted Average Net Coupon 6.929150% Weighted Average Pass-Through Rate 6.912650% Weighted Average Maturity(Stepdown Calculation) 352 Beginning Scheduled Collateral Loan Count 8,031 Number Of Loans Paid In Full 78 Ending Scheduled Collateral Loan Count 7,953 Beginning Scheduled Collateral Balance 1,554,260,013.88 Ending Scheduled Collateral Balance 1,534,982,961.60 Ending Actual Collateral Balance at 30-Sep-2005 1,535,740,798.29 Monthly P&I Constant 10,310,059.13 Special Servicing Fee 0.00 Prepayment Penalties 243,244.88 Realized Loss Amount 0.00 Cumulative Realized Loss 0.00 Scheduled Principal 818,366.68 Unscheduled Principal 18,458,685.60 Required Overcollateralization Amount 0.00 Overcollateralized Increase Amount 36.22 Overcollateralized reduction Amount 0.00 Specified O/C Amount 11,656,950.10 Overcollateralized Amount 11,656,950.10 Overcollateralized Deficiency Amount 0.00 Base Overcollateralized Amount 0.00 Extra principal distribution Amount 36.22 Excess Cash Amount 0.00
Credit Enhancement Percentage: 24.0989% Supplemental Trust Payment in respect of the Swap Agreement: $412,510.43
Group Level Collateral Statement Group Gr I Sub-Gr 1 Gr 1 Sub-Gr 2 Gr 2 Sub-Gr 3 Collateral Description Fixed 15/30 & ARM Fixed 15/30 & ARM Fixed 15/30 & ARM Weighted Average Coupon Rate 7.960047 7.341217 9.010054 Weighted Average Net Rate 7.460046 6.841217 8.510054 Weighted Average Maturity 330 358 302 Beginning Loan Count 1,183 3,357 1,289 Loans Paid In Full 6 34 11 Ending Loan Count 1,177 3,323 1,278 Beginning Scheduled Balance 101,066,875.12 596,215,077.77 123,240,695.43 Ending Scheduled Balance 100,573,350.92 589,270,246.65 122,309,674.01 Record Date 09/30/2005 09/30/2005 09/30/2005 Principal And Interest Constant 753,411.51 3,979,122.90 1,007,780.06 Scheduled Principal 82,997.32 331,669.43 82,442.28 Unscheduled Principal 410,526.88 6,613,161.69 848,579.14 Scheduled Interest 670,414.19 3,647,453.47 925,337.78 Servicing Fees 42,111.20 248,422.95 51,350.29 Master Servicing Fees 210.56 1,242.11 256.75 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 1,179.11 6,955.84 1,437.81 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 626,913.32 3,390,832.57 872,292.93 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 7.443547 6.824717 8.493554
Group Level Collateral Statement Group Gr 2 Sub-Gr 4 Total Collateral Description Fixed 15/30 & ARM Mixed Fixed & Arm Weighted Average Coupon Rate 6.948242 7.491505 Weighted Average Net Rate 6.448242 6.929150 Weighted Average Maturity 358 352 Beginning Loan Count 2,202 8,031 Loans Paid In Full 27 78 Ending Loan Count 2,175 7,953 Beginning Scheduled Balance 733,737,365.56 1,554,260,013.88 Ending scheduled Balance 722,829,690.02 1,534,982,961.60 Record Date 09/30/2005 09/30/2005 Principal And Interest Constant 4,569,744.66 10,310,059.13 Scheduled Principal 321,257.65 818,366.68 Unscheduled Principal 10,586,417.89 18,458,685.60 Scheduled Interest 4,248,487.01 9,491,692.45 Servicing Fees 305,723.90 647,608.34 Master Servicing Fees 1,528.62 3,238.04 Trustee Fee 0.00 0.00 FRY Amount 0.00 0.00 Special Hazard Fee 0.00 0.00 Other Fee 8,560.27 18,133.03 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 3,932,674.22 8,822,713.04 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 6.431742 6.912650
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 Gr I Sub-Gr 1 6 405,300.00 404,460.65 0 0.00 0.00 Gr 1 Sub-Gr 2 34 6,600,793.00 6,591,814.08 0 0.00 0.00 Gr 2 Sub-Gr 3 11 843,525.00 842,782.81 0 0.00 0.00 Gr 2 Sub-Gr 4 27 10,698,053.00 10,583,833.31 0 0.00 0.00 Total 78 18,547,671.00 18,422,890.85 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 Gr I Sub-Gr 1 0 0.00 0.00 0 0.00 0.00 6,541.26 Gr 1 Sub-Gr 2 0 0.00 0.00 0 0.00 0.00 25,550.26 Gr 2 Sub-Gr 3 0 0.00 0.00 0 0.00 0.00 6,169.72 Gr 2 Sub-Gr 4 0 0.00 0.00 0 0.00 0.00 7,922.27 Total 0 0.00 0.00 0 0.00 0.00 46,183.51
Prepayment Loan Detail - Prepayments during Current Period First Original Loan LTV at Payment Principal Prepayment Group Number State Origination Date Balance Amount Gr I Sub-Gr 1 0110799331 CT 100.00 01-Aug-2005 20,000.00 19,914.78 Gr I Sub-Gr 1 0110799800 FL 95.00 01-Sep-2005 10,350.00 10,262.17 Gr I Sub-Gr 1 0110800361 HI 95.00 01-Aug-2005 22,000.00 21,869.65 Gr I Sub-Gr 1 0110803279 CA 95.00 01-Sep-2005 12,450.00 12,333.04 Gr I Sub-Gr 1 0110803924 CA 44.12 01-Aug-2005 300,000.00 299,157.93 Gr I Sub-Gr 1 0110804415 NC 95.00 01-Aug-2005 40,500.00 40,448.05 Gr 1 Sub-Gr 2 0110557487 CA 53.57 01-Jul-2005 75,000.00 74,912.68 Gr 1 Sub-Gr 2 0110557489 CA 75.00 01-Aug-2005 165,000.00 164,729.44 Gr 1 Sub-Gr 2 0110575297 FL 90.00 01-Aug-2005 171,000.00 170,726.35 Gr 1 Sub-Gr 2 0110582881 FL 51.43 01-Aug-2005 90,000.00 89,854.45 Gr 1 Sub-Gr 2 0110584394 CA 67.50 01-Aug-2005 324,000.00 324,000.00 Gr 1 Sub-Gr 2 0110605781 CA 90.00 01-Aug-2005 234,000.00 233,571.70 Gr 1 Sub-Gr 2 0110776896 FL 79.37 01-Sep-2005 100,000.00 99,885.10 Gr 1 Sub-Gr 2 0110799324 CT 80.00 01-Aug-2005 80,000.00 79,768.87 Gr 1 Sub-Gr 2 0110799626 MA 72.41 01-Jul-2005 318,600.00 317,635.77 Gr 1 Sub-Gr 2 0110799701 NJ 90.00 01-Jun-2005 115,200.00 114,863.74 Gr 1 Sub-Gr 2 0110799799 WA 90.00 01-Jul-2005 224,910.00 224,318.50 Gr 1 Sub-Gr 2 0110800399 FL 90.00 01-Sep-2005 186,300.00 186,011.33 Gr 1 Sub-Gr 2 0110800453 CT 38.46 01-Aug-2005 200,000.00 199,614.74 Gr 1 Sub-Gr 2 0110800473 HI 90.00 01-Aug-2005 396,000.00 395,147.57 Gr 1 Sub-Gr 2 0110800524 MD 87.23 01-Aug-2005 152,651.00 152,291.58 Gr 1 Sub-Gr 2 0110800551 OR 90.00 01-Aug-2005 114,750.00 114,507.88 Gr 1 Sub-Gr 2 0110800614 FL 80.00 01-Sep-2005 154,675.00 154,494.13 Gr 1 Sub-Gr 2 0110801282 VA 57.58 01-Aug-2005 190,000.00 189,634.02 Gr 1 Sub-Gr 2 0110801448 MD 72.26 01-Aug-2005 131,600.00 131,325.13 Gr 1 Sub-Gr 2 0110801609 FL 90.00 01-Aug-2005 113,107.00 112,882.38 Gr 1 Sub-Gr 2 0110801807 GA 90.00 01-May-2005 225,000.00 224,021.90 Gr 1 Sub-Gr 2 0110801993 WI 100.00 01-Sep-2005 93,000.00 92,894.79 Gr 1 Sub-Gr 2 0110802092 IL 90.00 01-Sep-2005 133,200.00 132,978.82 Gr 1 Sub-Gr 2 0110802716 NJ 80.00 01-Aug-2005 240,000.00 239,532.96 Gr 1 Sub-Gr 2 0110802812 MI 80.00 01-Aug-2005 100,800.00 100,645.26 Gr 1 Sub-Gr 2 0110803162 CA 80.00 01-Sep-2005 204,000.00 203,733.56 Gr 1 Sub-Gr 2 0110803285 CA 90.00 01-Sep-2005 224,100.00 223,769.65 Gr 1 Sub-Gr 2 0110803299 CA 68.70 01-Sep-2005 185,500.00 185,298.68 Gr 1 Sub-Gr 2 0110803388 CA 21.39 01-Aug-2005 58,500.00 58,368.91 Gr 1 Sub-Gr 2 0110803771 MA 80.00 01-Aug-2005 438,400.00 437,417.81 Gr 1 Sub-Gr 2 0110804042 NY 90.00 01-Aug-2005 409,500.00 408,506.84 Gr 1 Sub-Gr 2 0110804051 CA 80.00 01-Jul-2005 216,000.00 215,173.77 Gr 1 Sub-Gr 2 0110804809 NC 80.00 01-Aug-2005 216,000.00 216,000.00 Gr 1 Sub-Gr 2 0110805022 CA 80.00 01-Aug-2005 320,000.00 319,093.12 Gr 2 Sub-Gr 3 0110574595 CA 100.00 01-Aug-2005 101,400.00 101,264.01 Gr 2 Sub-Gr 3 0110577874 NV 95.00 01-Aug-2005 117,500.00 117,386.27 Gr 2 Sub-Gr 3 0110593387 CA 100.00 01-Sep-2005 90,000.00 89,902.64 Gr 2 Sub-Gr 3 0110593431 FL 100.00 01-Aug-2005 42,108.00 42,058.43 Gr 2 Sub-Gr 3 0110799982 CA 90.00 01-Sep-2005 45,337.00 45,307.88 Gr 2 Sub-Gr 3 0110802877 FL 100.00 01-Jul-2005 53,600.00 53,520.36 Gr 2 Sub-Gr 3 0110803760 MA 100.00 01-Aug-2005 109,600.00 109,468.17 Gr 2 Sub-Gr 3 0110804214 MD 95.00 01-Aug-2005 22,000.00 21,866.43 Gr 2 Sub-Gr 3 0110804446 NC 100.00 01-Aug-2005 50,980.00 50,890.45 Gr 2 Sub-Gr 3 0110804567 AZ 98.68 01-Aug-2005 150,000.00 149,798.84 Gr 2 Sub-Gr 3 0110804584 IL 100.00 01-Aug-2005 61,000.00 60,945.94 Gr 2 Sub-Gr 4 0110558586 CA 75.40 01-Jul-2005 433,550.00 432,253.82 Gr 2 Sub-Gr 4 0110574628 CA 80.00 01-Aug-2005 405,600.00 405,599.99 Gr 2 Sub-Gr 4 0110583077 CA 74.17 01-Jul-2005 445,000.00 445,000.00 Gr 2 Sub-Gr 4 0110584392 CA 80.00 01-Aug-2005 368,000.00 367,254.30 Gr 2 Sub-Gr 4 0110593388 CA 80.00 01-Sep-2005 360,000.00 360,000.00 Gr 2 Sub-Gr 4 0110593444 CA 80.00 01-Aug-2005 360,000.00 360,000.00 Gr 2 Sub-Gr 4 0110605801 FL 90.00 01-Aug-2004 168,300.00 165,927.96 Gr 2 Sub-Gr 4 0110751976 CA 70.00 01-Sep-2005 360,500.00 360,013.63 Gr 2 Sub-Gr 4 0110783502 CA 80.00 01-Sep-2005 300,000.00 300,000.00 Gr 2 Sub-Gr 4 0110799135 CA 90.00 01-Jul-2005 503,126.00 500,998.60 Gr 2 Sub-Gr 4 0110799840 CA 80.00 01-Sep-2005 639,688.00 639,688.00 Gr 2 Sub-Gr 4 0110800066 ID 80.00 01-Aug-2005 130,000.00 129,677.79 Gr 2 Sub-Gr 4 0110800338 CA 66.65 01-Aug-2005 262,089.00 261,686.70 Gr 2 Sub-Gr 4 0110801129 FL 85.00 01-Sep-2005 382,500.00 382,020.40 Gr 2 Sub-Gr 4 0110801811 MD 77.71 01-May-2005 680,000.00 677,210.77 Gr 2 Sub-Gr 4 0110802575 NJ 53.97 01-Aug-2005 394,000.00 393,081.48 Gr 2 Sub-Gr 4 0110802885 FL 80.00 01-Jul-2005 214,400.00 213,690.85 Gr 2 Sub-Gr 4 0110803961 CA 80.00 01-Aug-2005 688,000.00 686,281.46 Gr 2 Sub-Gr 4 0110803981 CA 100.00 01-Aug-2005 495,000.00 495,000.00 Gr 2 Sub-Gr 4 0110804055 CA 80.00 01-Aug-2005 210,800.00 210,800.00 Gr 2 Sub-Gr 4 0110804215 MD 90.00 01-Aug-2005 396,000.00 395,189.39 Gr 2 Sub-Gr 4 0110805133 VA 80.00 01-Aug-2005 156,000.00 155,999.83 Gr 2 Sub-Gr 4 0110805270 MD 73.29 01-Aug-2005 480,000.00 377,604.88 Gr 2 Sub-Gr 4 0110805287 AZ 78.95 01-Aug-2005 600,000.00 598,655.77 Gr 2 Sub-Gr 4 0110805370 IL 80.00 01-Aug-2005 244,000.00 243,360.00 Gr 2 Sub-Gr 4 0110805375 AZ 90.00 01-Jul-2005 517,500.00 517,500.00 Gr 2 Sub-Gr 4 0110813199 CA 90.00 01-Sep-2005 504,000.00 504,000.00
Prepayment Loan Detail - Prepayments during Current Period (continued) Current Loan PIF Months Loan Original Group Number Type Delinquent Rate Term Seasoning Gr I Sub-Gr 1 0110799331 Loan Paid in Full 0 9.475% 240 2 Gr I Sub-Gr 1 0110799800 Loan Paid in Full 0 12.500% 120 1 Gr I Sub-Gr 1 0110800361 Loan Paid in Full 0 12.250% 180 2 Gr I Sub-Gr 1 0110803279 Loan Paid in Full 0 10.750% 120 1 Gr I Sub-Gr 1 0110803924 Loan Paid in Full 0 6.350% 360 2 Gr I Sub-Gr 1 0110804415 Loan Paid in Full 0 10.200% 180 2 Gr 1 Sub-Gr 2 0110557487 Loan Paid in Full 0 11.990% 360 3 Gr 1 Sub-Gr 2 0110557489 Loan Paid in Full 0 7.375% 360 2 Gr 1 Sub-Gr 2 0110575297 Loan Paid in Full 0 9.150% 360 2 Gr 1 Sub-Gr 2 0110582881 Loan Paid in Full 0 9.100% 360 2 Gr 1 Sub-Gr 2 0110584394 Loan Paid in Full 0 6.250% 360 2 Gr 1 Sub-Gr 2 0110605781 Loan Paid in Full 0 8.500% 360 2 Gr 1 Sub-Gr 2 0110776896 Loan Paid in Full 0 8.775% 360 1 Gr 1 Sub-Gr 2 0110799324 Loan Paid in Full 0 6.200% 360 2 Gr 1 Sub-Gr 2 0110799626 Loan Paid in Full 0 7.450% 360 3 Gr 1 Sub-Gr 2 0110799701 Loan Paid in Full 0 8.750% 360 4 Gr 1 Sub-Gr 2 0110799799 Loan Paid in Full 0 8.150% 360 3 Gr 1 Sub-Gr 2 0110800399 Loan Paid in Full 0 7.300% 360 1 Gr 1 Sub-Gr 2 0110800453 Loan Paid in Full 0 8.250% 360 2 Gr 1 Sub-Gr 2 0110800473 Loan Paid in Full 0 7.700% 360 2 Gr 1 Sub-Gr 2 0110800524 Loan Paid in Full 0 7.250% 360 2 Gr 1 Sub-Gr 2 0110800551 Loan Paid in Full 0 7.800% 360 2 Gr 1 Sub-Gr 2 0110800614 Loan Paid in Full 0 8.690% 360 1 Gr 1 Sub-Gr 2 0110801282 Loan Paid in Full 0 8.250% 360 2 Gr 1 Sub-Gr 2 0110801448 Loan Paid in Full 0 7.850% 360 2 Gr 1 Sub-Gr 2 0110801609 Loan Paid in Full 0 8.100% 360 2 Gr 1 Sub-Gr 2 0110801807 Loan Paid in Full 0 7.700% 360 5 Gr 1 Sub-Gr 2 0110801993 Loan Paid in Full 0 8.850% 360 1 Gr 1 Sub-Gr 2 0110802092 Loan Paid in Full 0 6.950% 360 1 Gr 1 Sub-Gr 2 0110802716 Loan Paid in Full 0 8.200% 360 2 Gr 1 Sub-Gr 2 0110802812 Loan Paid in Full 0 9.350% 360 2 Gr 1 Sub-Gr 2 0110803162 Loan Paid in Full 0 8.150% 360 1 Gr 1 Sub-Gr 2 0110803285 Loan Paid in Full 0 7.550% 360 1 Gr 1 Sub-Gr 2 0110803299 Loan Paid in Full 0 9.050% 360 1 Gr 1 Sub-Gr 2 0110803388 Loan Paid in Full 0 7.500% 360 2 Gr 1 Sub-Gr 2 0110803771 Loan Paid in Full 0 7.500% 360 2 Gr 1 Sub-Gr 2 0110804042 Loan Paid in Full 0 7.100% 360 2 Gr 1 Sub-Gr 2 0110804051 Loan Paid in Full 0 6.250% 360 3 Gr 1 Sub-Gr 2 0110804809 Loan Paid in Full 0 6.350% 360 2 Gr 1 Sub-Gr 2 0110805022 Loan Paid in Full 0 6.300% 360 2 Gr 2 Sub-Gr 3 0110574595 Loan Paid in Full 0 9.990% 180 2 Gr 2 Sub-Gr 3 0110577874 Loan Paid in Full 0 11.500% 360 2 Gr 2 Sub-Gr 3 0110593387 Loan Paid in Full 0 10.990% 180 1 Gr 2 Sub-Gr 3 0110593431 Loan Paid in Full 0 10.600% 180 2 Gr 2 Sub-Gr 3 0110799982 Loan Paid in Full 0 11.500% 360 1 Gr 2 Sub-Gr 3 0110802877 Loan Paid in Full 0 10.875% 360 3 Gr 2 Sub-Gr 3 0110803760 Loan Paid in Full 0 10.500% 360 2 Gr 2 Sub-Gr 3 0110804214 Loan Paid in Full 0 11.990% 180 2 Gr 2 Sub-Gr 3 0110804446 Loan Paid in Full 0 8.700% 180 2 Gr 2 Sub-Gr 3 0110804567 Loan Paid in Full 0 9.990% 180 2 Gr 2 Sub-Gr 3 0110804584 Loan Paid in Full 0 11.900% 180 2 Gr 2 Sub-Gr 4 0110558586 Loan Paid in Full 0 7.750% 360 3 Gr 2 Sub-Gr 4 0110574628 Loan Paid in Full 0 6.599% 360 2 Gr 2 Sub-Gr 4 0110583077 Loan Paid in Full 0 6.990% 360 3 Gr 2 Sub-Gr 4 0110584392 Loan Paid in Full 0 8.000% 360 2 Gr 2 Sub-Gr 4 0110593388 Loan Paid in Full 0 7.550% 360 1 Gr 2 Sub-Gr 4 0110593444 Loan Paid in Full 0 8.150% 360 2 Gr 2 Sub-Gr 4 0110605801 Loan Paid in Full 0 6.625% 360 14 Gr 2 Sub-Gr 4 0110751976 Loan Paid in Full 0 7.990% 360 1 Gr 2 Sub-Gr 4 0110783502 Loan Paid in Full 0 6.990% 360 1 Gr 2 Sub-Gr 4 0110799135 Loan Paid in Full 0 6.900% 360 3 Gr 2 Sub-Gr 4 0110799840 Loan Paid in Full 0 7.200% 360 1 Gr 2 Sub-Gr 4 0110800066 Loan Paid in Full 0 6.990% 360 2 Gr 2 Sub-Gr 4 0110800338 Loan Paid in Full 0 9.350% 360 2 Gr 2 Sub-Gr 4 0110801129 Loan Paid in Full 0 8.350% 360 1 Gr 2 Sub-Gr 4 0110801811 Loan Paid in Full 0 7.990% 360 5 Gr 2 Sub-Gr 4 0110802575 Loan Paid in Full 0 7.300% 360 2 Gr 2 Sub-Gr 4 0110802885 Loan Paid in Full 0 7.000% 360 3 Gr 2 Sub-Gr 4 0110803961 Loan Paid in Full 0 6.950% 360 2 Gr 2 Sub-Gr 4 0110803981 Loan Paid in Full 0 7.200% 360 2 Gr 2 Sub-Gr 4 0110804055 Loan Paid in Full 0 7.400% 360 2 Gr 2 Sub-Gr 4 0110804215 Loan Paid in Full 0 7.950% 360 2 Gr 2 Sub-Gr 4 0110805133 Loan Paid in Full 0 6.750% 360 2 Gr 2 Sub-Gr 4 0110805270 Loan Paid in Full 0 6.500% 360 2 Gr 2 Sub-Gr 4 0110805287 Loan Paid in Full 0 7.500% 360 2 Gr 2 Sub-Gr 4 0110805370 Loan Paid in Full 0 6.700% 360 2 Gr 2 Sub-Gr 4 0110805375 Loan Paid in Full 0 7.600% 360 3 Gr 2 Sub-Gr 4 0110813199 Loan Paid in Full 0 7.600% 360 1
Prepayment - Voluntary Prepayments
Summary SMM CPR PSA Current Month 1.188% Current Month 13.363% Current Month 3,694.559% 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 N/A N/A Sep-2005 N/A N/A Oct-2005 13.363% N/A Oct-2005 3,694.559% 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. Gr I Sub-Gr 1 SMM CPR PSA Current Month 0.407% Current Month 4.771% Current Month 1,372.704% 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 N/A N/A Sep-2005 N/A N/A Oct-2005 4.771% N/A Oct-2005 1,372.704% 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. Gr 1 Sub-Gr 2 SMM CPR PSA Current Month 1.110% Current Month 12.534% Current Month 3,395.107% 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 N/A N/A Sep-2005 N/A N/A Oct-2005 12.534% N/A Oct-2005 3,395.107% 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. Gr 2 Sub-Gr 3 SMM CPR PSA Current Month 0.689% Current Month 7.962% Current Month 2,293.221% 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 N/A N/A Sep-2005 N/A N/A Oct-2005 7.962% N/A Oct-2005 2,293.221% 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. Gr 2 Sub-Gr 4 SMM CPR PSA Current Month 1.443% Current Month 16.010% Current Month 4,447.126% 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 N/A N/A Sep-2005 N/A N/A Oct-2005 16.010% N/A Oct-2005 4,447.126% 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 Gr I Sub-Gr 1 0 0.00 0.00 0.000% Gr 1 Sub-Gr 2 0 0.00 0.00 0.000% Gr 2 Sub-Gr 3 0 0.00 0.00 0.000% Gr 2 Sub-Gr 4 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. 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 N/A N/A Sep-2005 N/A 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 N/A N/A Sep-2005 N/A 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. Gr I Sub-Gr 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. 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 N/A N/A Sep-2005 N/A 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 N/A N/A Sep-2005 N/A 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. Gr 1 Sub-Gr 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. 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 N/A N/A Sep-2005 N/A 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 N/A N/A Sep-2005 N/A 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. Gr 2 Sub-Gr 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. 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 N/A N/A Sep-2005 N/A 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 N/A N/A Sep-2005 N/A 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. Gr 2 Sub-Gr 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. 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 N/A N/A Sep-2005 N/A 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 N/A N/A Sep-2005 N/A 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)